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RS Homes Development

Active
Private limited companyfounded 2020active for 6 yearsMoerbekeplein(Moe) 11B, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0745.826.961
Summary

RS Homes Development has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,842 and a net result of -€14,312. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 34% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-04-2020 Normal situation
Activity
Development of residential building projects NACE 68121and 2 others
Establishment unit
2.301.379.042 9500 Geraardsbergen, since 05-04-2020
Financial year end
30 June
Peppol
Reachable since 02-09-2025

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
-€7,494
Loss
€14,312
Equity
€35,842
▼ 28.5%
Total assets
€242,760
▼ 30.0%
Turnover not published (abbreviated or micro format)
Filed on 29-01-2026, 2 days before the deadline
Score breakdownraises riskLoss of €14,312 (financial year 2025)lowers riskSector: Real estate activities (NACE 68)Liquidity: current ratio 1.05, cash €58,841, halvedSize: total assets €242,760Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 40+1
equity 14.8% of total assets
Liquidity 47=
short-term debt 63.3% · cash 24.2%
Profitability 11-89
return on assets -5.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024highest value 02-2025: 0.2%▼ -0.2 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.05 (1.16 in 2024), below the usual 1.5. Short-term debt is 63.3% and cash 24.2% of total assets. 85.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 35% of them on solvency, 43% on liquidity, 14% on profitability and 17% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Liquidity: current ratio 1.05, cash €58,841, halved
NBB · annual accounts
lowers risk · Size: total assets €242,760
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €14,312 (financial year 2025)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
2 days early
2024
1 day early
2023
5 days early
2022
8 days early
2021
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €135,807 in 2024 -€14,312 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Company renamed from PraxiBo to RS Homes Development
  2. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as RS Homes Development: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €221,000 and €315,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
RS Homes Development Geraardsbergen€242,760-€7,494
Calevoet Development Deinze€221,491-€7,740
Sanderus Projects Gent€256,244-€4,788
MERIAUX CONSTRUCT Deinze€298,549-€1,790
Gewi Construct Oosterzele€300,380-€9,389
Grandis Nazareth-De Pinte€315,171-€128,310
PromoBouchat Gembloux€251,721-€1,086
Full comparison

Key facts about RS Homes Development

What is the company number of RS Homes Development?
The company number of RS Homes Development is 0745.826.961. The VAT number is the same number with BE in front: BE 0745.826.961.
Where is RS Homes Development based?
The registered office is at Moerbekeplein(Moe) 11B, 9500 Geraardsbergen.Company details
What does RS Homes Development do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of RS Homes Development?
The legal form of RS Homes Development is Private limited company (BV).
When was RS Homes Development founded?
RS Homes Development was founded on 05-04-2020.
Is RS Homes Development still active?
Yes, RS Homes Development is an active enterprise in the KBO register.
How many employees does RS Homes Development have?
RS Homes Development had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of RS Homes Development?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.
Is RS Homes Development profitable?
In financial year 2025, RS Homes Development made a loss of €14,312.
Where can I find the annual accounts of RS Homes Development?
RS Homes Development filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RS Homes Development due?
RS Homes Development must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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