RS Holding
BankruptcySummary
The KBO register records for RS Holding the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show negative equity (€-15k) and a net result of €-953.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6157 sector peers (2024).
NBB · sector comparisonPosition among 6157 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
30 d early
2022
21 d early
2021
18 d early
2020
36 d early
2019
22 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-15k▼ 6.6%
2023 · €-14k
2019: €2k
2020: €13k▲ +482% vs 2019
2021: €17k▲ +30.5% vs 2020
2022: €19k▲ +11.9% vs 2021highest in 6 years
2023: €-14k▼ -176% vs 2022
2024: €-15k▼ -6.6% vs 2023lowest in 6 years
2019 → 2024
Net result
€-953▲ 97.2%
2023 · €-34k
2019: €-4k
2020: €11k▲ +387% vs 2019highest in 6 years
2021: €4k▼ -63.1% vs 2020
2022: €2k▼ -49.0% vs 2021
2023: €-34k▼ -1748% vs 2022lowest in 6 years
2024: €-953▲ +97.2% vs 2023
2019 → 2024
Total assets
€352k▲ 252%
2023 · €100k
2019: €14klowest in 6 years
2020: €61k▲ +327% vs 2019
2021: €70k▲ +15.8% vs 2020
2022: €89k▲ +26.5% vs 2021
2023: €100k▲ +12.5% vs 2022
2024: €352k▲ +252% vs 2023highest in 6 years
2019 → 2024
Solvency
-4.4%▲ 10.0pp
2023 · -14.4%
2019: 15.7%
2020: 21.5%▲ +36.4% vs 2019
2021: 24.2%▲ +12.7% vs 2020highest in 6 years
2022: 21.4%▼ -11.5% vs 2021
2023: -14.4%▼ -167% vs 2022lowest in 6 years
2024: -4.4%▲ +69.7% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€17k▲ 30.5%€19k▲ 11.9%€-14k€-15k▼ 6.6%
2020: €13k
2021: €17k▲ +30.5% vs 2020
2022: €19k▲ +11.9% vs 2021highest in 5 years
2023: €-14k▼ -176% vs 2022
2024: €-15k▼ -6.6% vs 2023lowest in 5 years
Operating result€13k-€5k▼ 57.0%€4k▼ 31.4%€-32k€1k
2020: €13khighest in 5 years
2021: €5k▼ -57.0% vs 2020
2022: €4k▼ -31.4% vs 2021
2023: €-32k▼ -976% vs 2022lowest in 5 years
2024: €1k▲ +104% vs 2023
Net result€11k-€4k▼ 63.1%€2k▼ 49.0%€-34k€-953▲ 97.2%
2020: €11khighest in 5 years
2021: €4k▼ -63.1% vs 2020
2022: €2k▼ -49.0% vs 2021
2023: €-34k▼ -1748% vs 2022lowest in 5 years
2024: €-953▲ +97.2% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €32k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €352k
Fixed assets
€57k ▼ 19.2%
Current assets
€295k ▲ 895%
Key figures and ratios
ROA
-0.3%▲
2023 · -33.4%
Debt
€368k▲
2023 · €115k
Debt ≤ 1 year
€68k▼
2023 · €115k
Debt > 1 year
€300k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€100k€352k▲
Fixed assets21/28€71k€57k▼
Intangible fixed assets21€6k€492▼
Tangible fixed assets22/27€17k€9k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€11k€5k▼
Financial fixed assets28€47k€47k=
Current assets29/58€30k€295k▲
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€24k€280k▲
Trade receivables40€12k€84k▲
Other amounts receivable41€12k€195k▲
Cash at bank and in hand54/58€1k€11k▲
Equity and liabilities
Total equity and liabilities10/49€100k€352k▲
Equity10/15€-14k€-15k▼
Contributions10/11€6k€6k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-34k€-34k▼
Amounts payable17/49€115k€368k▲
Amounts payable after more than one year17-€300k
Financial debts170/4-€300k
Amounts payable within one year42/48€115k€68k▼
Trade debts44€32k€53k▲
Suppliers440/4€32k€53k▲
Taxes, remuneration and social security45€138€513▲
Taxes450/3€138€513▲
Other amounts payable47/48€82k€14k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€534€4k▲
Gross operating margin9900€-19k€19k▲
Operating profit (loss)9901€-32k€1k▲
Financial income75/76B€66€770▲
Recurring financial income75€66€770▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€-34k€-953▲
Income taxes67/77€0-
Profit (loss) for the period9904€-34k€-953▲
Profit (loss) for the period to be appropriated9905€-34k€-953▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-34k▼
Profit (loss) brought forward from the previous period14P-€-34k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €3k | €10k | €13k | €14k | ▲ 1.7% |
| Other operating charges640/8 | - | €348 | €900 | €534 | €4k | ▲ 609% |
| Gross operating margin9900 | €15k | €9k | €15k | €-19k | €19k | ▲ 200% |
| Operating profit (loss)9901 | €13k | €5k | €4k | €-32k | €1k | ▲ 104% |
| Financial income75/76B | - | - | €1 | €66 | €770 | ▲ 1,072% |
| Recurring financial income75 | - | - | €1 | €66 | €770 | ▲ 1,072% |
| Financial charges65/66B | - | €523 | €659 | €1k | €3k | ▲ 143% |
| Recurring financial charges65 | €418 | €523 | €659 | €1k | €3k | ▲ 143% |
| Profit (loss) for the period before taxes9903 | €12k | €5k | €3k | €-34k | €-953 | ▲ 97.2% |
| Income taxes67/77 | €1k | €885 | €1k | €0 | - | - |
| Profit (loss) for the period9904 | €11k | €4k | €2k | €-34k | €-953 | ▲ 97.2% |
| Profit (loss) for the period to be appropriated9905 | €11k | €4k | €2k | €-34k | €-953 | ▲ 97.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61k | €70k | €89k | €100k | €352k | ▲ 252% |
| Fixed assets21/28 | €47k | €55k | €73k | €71k | €57k | ▼ 19.2% |
| Intangible fixed assets21 | €5k | €3k | €13k | €6k | €492 | ▼ 92.3% |
| Tangible fixed assets22/27 | - | €5k | €13k | €17k | €9k | ▼ 45.0% |
| Plant, machinery and equipment23 | - | €3k | €2k | €6k | €4k | ▼ 25.7% |
| Furniture and vehicles24 | - | €2k | €11k | €11k | €5k | ▼ 54.3% |
| Financial fixed assets28 | €41k | €47k | €47k | €47k | €47k | = |
| Current assets29/58 | €14k | €15k | €16k | €30k | €295k | ▲ 895% |
| Stocks and contracts in progress3 | - | - | - | €5k | €5k | = |
| Stocks30/36 | - | - | - | €5k | €5k | = |
| Amounts receivable within one year40/41 | €7k | €6k | €166 | €24k | €280k | ▲ 1,088% |
| Trade receivables40 | - | €6k | €0 | €12k | €84k | ▲ 609% |
| Other amounts receivable41 | - | - | €166 | €12k | €195k | ▲ 1,578% |
| Cash at bank and in hand54/58 | €7k | €9k | €16k | €1k | €11k | ▲ 720% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61k | €70k | €89k | €100k | €352k | ▲ 252% |
| Equity10/15 | €13k | €17k | €19k | €-14k | €-15k | ▼ 6.6% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €7k | €11k | €13k | €13k | €13k | = |
| Distributable reserves133 | - | €11k | €13k | €13k | €13k | = |
| Profit (loss) carried forward14 | - | - | - | €-34k | €-34k | ▼ 2.8% |
| Amounts payable17/49 | €48k | €53k | €70k | €115k | €368k | ▲ 221% |
| Amounts payable after more than one year17 | - | - | - | - | €300k | - |
| Financial debts170/4 | - | - | - | - | €300k | - |
| Amounts payable within one year42/48 | €48k | €53k | €70k | €115k | €68k | ▼ 41.1% |
| Trade debts44 | €4k | €14k | €33k | €32k | €53k | ▲ 63.2% |
| Suppliers440/4 | - | €14k | €33k | €32k | €53k | ▲ 63.2% |
| Taxes, remuneration and social security45 | - | €2k | €439 | €138 | €513 | ▲ 272% |
| Taxes450/3 | - | €2k | €439 | €138 | €513 | ▲ 272% |
| Other amounts payable47/48 | - | €37k | €36k | €82k | €14k | ▼ 82.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €4k | €2k | €-34k | €-953 | ▲ 97.2% |
| + Depreciation and write-downs630 | €1k | €3k | €10k | €13k | €14k | ▲ 1.7% |
| Operating cash flow (approximation) | €12k | €7k | €12k | €-20k | €13k | ▲ 163% |
| Investment in fixed assets (approximation) | - | €-11k | €-29k | €-11k | €0 | ▲ 100% |
| Change in cash | - | €2k | €7k | €-14k | €10k | ▲ 166% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 17current ratio 4.37
Current ratio from 0.26 to 4.37; short-term debt falls from €115k to €68k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liedekerke · 1 establishment unit since 2019
Ground area
786 m²
Building footprint
120 m²
Volume, LiDAR
639 m³
Parcel 23762D0791/00H000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RS Holding
since 20192.292.885.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23762D0791/00H000 | Flanders | 786 m² | 1 · 120 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 7,262 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
63920Other information service activities
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.