Summary
RS Development is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €149,884 and a net result of €24,478. Equity grew by about 9.4% per year on average since 2019. In 2025 it fell by 18.1%. Its solvency ranks better than 82% of 9,761 sector peers (NACE 64, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-10-2010 Normal situation
- Activity
- Activities of holding companies NACE 64210and 2 others
- Establishment unit
- 2.192.516.932 3500 Hasselt, since 12-10-2010
- Financial year end
- 30 September
- Peppol
- Reachable
Financial position
- Profit
- €24,478
- ▼ 70.1%
- Equity
- €149,884
- ▼ 18.1%
- Total assets
- €179,218
- ▼ 10.4%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
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Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-04-2026 PDF all 14 filings
Every figure per financial year
The operating result for 2025 is 68% lower than in 2024.
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,912 | €738 | €815 | €1,220 | €35,738 |
| Depreciation and write-downs of the year | €738 | €977 | €1,250 | €1,441 | €2,868 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €63,000 | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €25,345 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €950 | €138 | €738 | €977 | €1,250 | €1,441 | €2,868 | ▲ 99.0% |
| Other operating charges640/8 | - | - | €472 | - | €348 | €446 | €522 | ▲ 16.9% |
| Gross operating margin9900 | €15,324 | -€17,726 | €2,571 | €2,726 | €37,655 | €115,493 | €39,638 | ▼ 65.7% |
| Operating profit (loss)9901 | €13,964 | -€18,211 | €1,362 | €1,749 | €36,058 | €113,606 | €36,248 | ▼ 68.1% |
| Financial income75/76B | - | - | - | - | €999 | €450 | €753 | ▲ 67.4% |
| Recurring financial income75 | €1,253 | €1 | - | - | €999 | €450 | €753 | ▲ 67.4% |
| Financial charges65/66B | - | - | €79 | €61 | €117 | €121 | €978 | ▲ 706% |
| Recurring financial charges65 | €379 | €179 | €79 | €61 | €117 | €121 | €978 | ▲ 706% |
| Profit (loss) for the period before taxes9903 | €14,838 | -€18,389 | €1,283 | €1,689 | €36,939 | €113,934 | €36,023 | ▼ 68.4% |
| Income taxes67/77 | €154 | €203 | €256 | €71 | €7,523 | €31,936 | €11,545 | ▼ 63.9% |
| Profit (loss) for the period9904 | €14,684 | -€18,592 | €1,026 | €1,618 | €29,417 | €81,998 | €24,478 | ▼ 70.1% |
| Profit (loss) for the period to be appropriated9905 | €14,684 | -€18,592 | €1,026 | €1,618 | €29,417 | €81,998 | €24,478 | ▼ 70.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €87,831 | €69,255 | €72,153 | €72,954 | €125,349 | €199,960 | €179,218 | ▼ 10.4% |
| Fixed assets21/28 | €118 | €60,684 | €62,857 | €62,619 | €62,183 | €61,962 | €94,831 | ▲ 53.0% |
| Tangible fixed assets22/27 | €118 | €683 | €2,856 | €2,618 | €2,183 | €1,962 | €34,831 | ▲ 18× |
| Plant, machinery and equipment23 | - | - | €449 | €793 | €940 | €1,301 | €2,180 | ▲ 67.6% |
| Furniture and vehicles24 | - | - | €2,408 | €1,825 | €1,243 | €661 | €32,651 | ▲ 49× |
| Financial fixed assets28 | - | €60,001 | €60,001 | €60,001 | €60,000 | €60,000 | €60,000 | = |
| Current assets29/58 | €87,713 | €8,571 | €9,296 | €10,335 | €63,166 | €137,998 | €84,387 | ▼ 38.8% |
| Amounts receivable within one year40/41 | €905 | €655 | - | €9,680 | - | €60,655 | €40,555 | ▼ 33.1% |
| Trade receivables40 | - | - | - | €9,680 | - | €60,595 | €40,555 | ▼ 33.1% |
| Other amounts receivable41 | - | - | - | - | - | €60 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €24,808 | €7,917 | €8,551 | €655 | €63,150 | €77,343 | €41,411 | ▼ 46.5% |
| Deferred charges and accrued income490/1 | - | - | €744 | - | €16 | €0 | €2,422 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €87,831 | €69,255 | €72,153 | €72,954 | €125,349 | €199,960 | €179,218 | ▼ 10.4% |
| Equity10/15 | €87,515 | €68,923 | €69,949 | €71,567 | €100,984 | €182,973 | €149,884 | ▼ 18.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | €12,400 | €12,400 | - | - | - | - |
| Issued capital100 | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | €6,200 | €6,200 | - | - | - | - |
| Reserves13 | €60,431 | €60,431 | €60,431 | €60,431 | €89,848 | €170,573 | €137,484 | ▼ 19.4% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | €0 | - | - |
| Legal reserve130 | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | €58,571 | €58,571 | €87,988 | €170,573 | €137,484 | ▼ 19.4% |
| Profit (loss) carried forward14 | €14,684 | -€3,909 | -€2,882 | -€1,264 | -€1,264 | €0 | €0 | - |
| Amounts payable17/49 | €316 | €333 | €2,204 | €1,387 | €24,365 | €16,987 | €29,335 | ▲ 72.7% |
| Amounts payable within one year42/48 | €316 | €333 | €2,204 | €1,387 | €24,365 | €16,987 | €27,831 | ▲ 63.8% |
| Trade debts44 | €162 | €81 | €1,447 | - | - | €128 | €3,623 | ▲ 28× |
| Suppliers440/4 | - | - | €1,447 | - | - | €128 | €3,623 | ▲ 28× |
| Taxes, remuneration and social security45 | - | - | €757 | €1,387 | €24,365 | €16,859 | €3,282 | ▼ 80.5% |
| Taxes450/3 | - | - | €757 | €1,387 | €24,365 | €16,859 | €3,282 | ▼ 80.5% |
| Other amounts payable47/48 | - | - | - | - | - | - | €20,926 | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €1,504 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,684 | -€18,592 | €1,026 | €1,618 | €29,417 | €81,998 | €24,478 | ▼ 70.1% |
| + Depreciation and write-downs630 | €950 | €138 | €738 | €977 | €1,250 | €1,441 | €2,868 | ▲ 99.0% |
| Operating cash flow (approximation) | €15,634 | -€18,455 | €1,765 | €2,595 | €30,667 | €83,439 | €27,347 | ▼ 67.2% |
| Investment in fixed assets (approximation) | - | -€60,704 | -€2,912 | -€738 | -€814 | -€1,220 | -€35,738 | ▼ 2,829% |
| Change in cash | - | -€16,891 | €635 | -€7,896 | €62,494 | €14,194 | -€35,932 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00089799 | |
| 30-09-2024 | micro format | 01-04-2025 | 2025-00059917 | |
| 30-09-2023 | micro format | 02-04-2024 | 2024-00053719 | |
| 30-09-2022 | micro format | 01-04-2023 | 2023-00051264 | |
| 30-09-2021 | micro format | 04-04-2022 | 2022-20000035 | |
| 30-09-2020 | micro format | 06-04-2021 | 2021-09500344 | |
| 30-09-2019 | micro format | 23-06-2020 | 2020-19100307 | |
| 30-09-2018 | micro format | 29-04-2019 | 2019-11700157 | |
| 30-09-2017 | micro format | 04-04-2018 | 2018-09400316 | |
| 30-09-2016 | abbreviated format | 03-04-2017 | 2017-08700497 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 02-01-2024 Capital stated in the deed · 1,000 shares
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| SCHOUPS Renée |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Artikel 4, besluit algemene vergadering beraadslagend zoals inzake statutenwijziging”
Articles of association, deed of 02-01-2024 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 30-09-2025Equity €179,980 Profit of €5,584 in 2025 (loss of €81,369 in 2024) Checked score 6533.33%
Holdings through the years 2020 to 2025
| Name | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| GROUP GLOBE | 33.33% | |||||
| Reptiglobe | 33.33% | |||||
Source: list of holdings in its own accounts
Board mandates elsewhere
1 board mandateConnections & network
1 current directorThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Deeds, filings and financial milestones
02-01
Gazette deed
Registered office moved to HasseltNew registered office: Luikersteenweg 37, 3500 Hasselt · Resignation: SCHOUPS Renée (manager) · Reappointment: SCHOUPS Renée (director)6 points ▸
- General meeting, 21-12-2023
- 1,000 shares
- Director resignation, SCHOUPS Renée (manager)
- Director discharge, SCHOUPS Renée
- Director reappointment, SCHOUPS Renée (director (not named in the articles))
- Registered-office move, Luikersteenweg 37, 3500 Hasselt
- The deed holds 4 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
27 activities
- Uitvoeren van thermische en akoestische isolatiewerken,voegwerken en gevelreiniging;
- Aankoop,verkoop,verwerking,opslag en transport van isolatie- voeg- en gevelmaterialen;
- Behandeling van muren met vochtwerende en waterafstotende producten;
- Reinigen van gebouwen en terreinen na beëindiging van de bouwwerken;
- Het organiseren van beurzen,evenementen,congressen en symposiums;
- Het concipiëren,uitgeven,en commercialiseren van (gezelschaps)spelen;
- Het opstellen van energieaudits,energiesprestatiecertificaten en het verlenen van energieadvies;
- Het verrichten van alle verdere handelingen die met het voorgaande,in de ruimste zin,verband houden of daartoe bevorderlijk kunnen zijn.
- De participatie onder welke vorm het ook zij,in de oprichting,de ontwikkeling,omvorming en controle van alle ondernemingen,Belgische of buitenlandse,commerciële financiële,industriële of andere;de verwerving voor eigen rekening van eender welke titels of rechten door middel van participatie,inbreng,onderschrijving,koop op vaste levering of aankoopoptie,verhandeling,of op iedere andere wijze;
- Het verlenen aan de ondernemingen waarin zij deelneemt en aan derden,al dan niet bezoldigd,van alle bijstand,hetzij technisch,industrieel,commercieel of administratief,hetzij financieel,met inbegrip van de borgstelling,avalgeving of inpandgeving van onroerende goederen;
- De verwerving en de uitbating van brevetten en licenties;
- De tussenpersoon in de handel,als makelaar in goederen,als zelfstandige handelsvertegenwoordiger en als commissionair;
- Consulting op het gebied van beheer,management en marketing;
- Consulting op het gebied van publiciteit,public relations en diverse manifestaties;het verzorgen van public relations activiteiten en het verzorgen en inrichten van manifestaties allerhande;
- Consulting op het gebied van personeelsbeheer,inbegrepen aanwervingen,selectie,training en vorming;
- Consulting op het gebied van reclamevoering,reclamecampagnes,communicatiestrategie en mediavoering;
- Het adviseren,organiseren en bemiddelen in de aan - en verkoop,de in- en uitvoer,het voeren van algemene tradingactiviteiten,inbegrepen de groot- en kleinhandel,im- en export.
- Managementactiviteiten van holdings;het tussenkomen in het dagelijks bestuur;het vertegenwoordigen van bedrijven op grond van het bezit van of de controle over het vermogen;
- Adviesbureau;zakelijke dienstverlening in het algemeen en in de meest brede betekenis;het verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning,organisatie,efficiëntie en toezicht,het verschaffen van informatie aan de bedrijfsleiding,enz.;
- Beroepsopleiding;het geven van opleidingen,voordrachten,lezingen,cursussen en seminaries,zowel voor eigen rekening als voor rekening van derden;het uitgeven van boeken,tijdschriften en andere publicaties en cursussen,al dan niet op digitale wijze;schrijven van artikelen in boeken,kranten en tijdschriften;
- Het organiseren van studiedagen,seminaries,congressen en cursussen;
- Het verlenen van advies en praktische hulp aan de bedrijven in verband met public relations en communicatie;het beheer van publiciteitsdragers,de verhuur en de verkoop van publiciteits- en advertentietijd en -ruimte onder andere,maar niet beperkt tot tijd en ruimte op websites;het concipiëren van reclametechnieken;
- Het verstrekken van diverse administratieve activiteiten ten behoeve van ondernemingen,kantoren en bedrijven;
- Het vervullen van tijdelijke of permanente leidinggevende taken met alle daarbij horende verantwoordelijkheden en bevoegdheden in ondernemingen of andere organisaties;
- Het aanbieden van management advisory services op het vlak van general management,commercieel management,financieel management,change management en project management.
- Onderneming in onroerende goederen,welke onder meer omvat de verwerving,de vervreemding,het beheer,de borgstelling,de uitbating,de valorisatie,de verkaveling,de ordening,de huur en verhuur,het doen bouwen en verbouwen,evenals alle welkdanige onroerende verhandelingen in de meest brede zin,met inbegrip van onroerende leasing;
- Onderneming voor het beheer van eigen beleggingen en vermogens;
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0830.173.906
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71324E0077/00N000 | Flanders | 1,114 m² | 1 · 188 m² | 14.1 m · 2 |