Active BE 0774.415.930Private limited company

RS Integrated Supply Belgium

Louizalaan 65 ·1050 Elsene, Belgium· 4 yrs active

Sector: Overige financiële dienstverlening, neg (64999)

Conclusion Checked

RS Integrated Supply Belgium is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show negative equity (€-15k) and a net result of €-33k. Equity is shrinking by ~92.3% per year across the filed fiscal years. Its solvency ranks better than 7% of 1416 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-15k
Net result	€-33k
Staff (FTE)	4.1
Better than sector	7%

Financial profile 4 of 5 axes measured · computed by Checked

68 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.

Health -

Profitability 100

Solvency 44

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer

Model not applicable to financial institutions

The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.

Financial overview3 NBB filings

Annual accounts filed on 08-12-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining Equity: declining trend of ~92.3%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-0.9%	37.5%	better than 7% of 1416 sector peers
Net result	€-33k	€45k	better than 11% of 1415 sector peers
Equity	€-15k	€365k	better than 5% of 1416 sector peers
Gross operating margin	€295k	€64k	better than 86% of 1414 sector peers
Staff costs	€279k	€70k	higher than 81% of 197 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-33k

-3086.6% 22-24

Total assets

€1.64M

+171.0% 22-24

Equity

€-15k

- 22-24

Employees (FTE)

4

+192.9% 22-24

Staff costs

€279k

+242.4% 22-24

Income taxes

€10k

+246.0% 22-24

Debt

€1.65M

+182.1% 22-24

Debt ≤ 1y

€1.65M

+183.4% 22-24

Show 3 other metrics

Solvency

-0.9%

- 22-24

ROE

226.5%

- 22-24

ROA

-2.0%

-1076.0% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	n/a
EBITDA	n/a
Net profit	€-33k
Cash flow	n/a
Staff costs	€279k
Income taxes	€10k
Dividends	-
Total assets	€1.64M
Equity	€-15k
Debt	€1.65M
of which ≤ 1y	€1.65M
of which > 1y	-
Working capital	n/a
Employees (FTE)	4.1

Ratios (computed)

	2024
Current ratio	n/a
Quick ratio	n/a
Working capital ratio	n/a
Solvency	-0.9%
Debt / equity	n/a
Long-term debt ratio	n/a
Interest coverage	n/a
Gross margin	n/a
Net margin	n/a
ROA	-2.0%
ROE	226.5%
EBITDA margin	n/a
Days sales outstanding	n/a
Days payable outstanding	n/a
Inventory turnover	n/a
Days inventory (DSI)	n/a

Full annual accounts (18 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.64M
Current assets	29/58	€1.64M
Amounts receivable within one year	40/41	€838k
Cash & bank	54/58	€503k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.64M
Equity	10/15	€-15k
Contributions / capital	10/11	€20k
Accumulated profits (losses)	14	€-35k
Amounts payable	17/49	€1.65M
Amounts payable within one year	42/48	€1.65M
Trade debts payable within one year	44	€496k
Income statement
Gross operating margin	9900	€295k
Operating result	9901	€15k
Financial charges	65	€38k
Result before taxes	9903	€-24k
Income taxes	67/77	€10k
Net result for the period	9904	€-33k
Result to be appropriated	9905	€-33k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 5 directors

Current directors & mandates

Claire WATT
Director
State Gazette act 25035179 (14-03-2025)

Current
31-12-2024 → present
Jerry ABRAHAM
Director
State Gazette act 25035179 (14-03-2025)

Current
31-12-2024 → present

Former directors (3)

Andrew Perry
Director
State Gazette act 25098950 (04-08-2025)

Former
- → 31-07-2025
Deborah BOWRING
Director
State Gazette act 25035179 (14-03-2025)

Former
- → 31-12-2024
Vanessa Gough
Director
State Gazette act 24107629 (17-07-2024)

Former
- → 22-05-2024

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Overige financiële dienstverlening, neg(64999)
Legal form	Private limited company(610)
Incorporation	22-09-2021
Status	Active
Postal code	1050

Establishment units 1 location

Louizalaan 65, 1050 Elsene

Overige zakelijke dienstverlening, neg

since 20212.325.177.991

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21807G0007/00R000	Brussels	1,683 m²	1 · 2,433 m²	35.6 m · 9 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

08-12-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

04-08-2025

State Gazette act Director changes

14-03-2025

State Gazette act Director changes

2024

23-12-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

17-07-2024

State Gazette act Director changes

2022

25-11-2022

NBB filing Annual accounts filed

fiscal year 2022 · verkort

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts

All acts · 3 updated 1 year ago

2025

04-08-2025 Andrew Perry resigns as director Director changes

Andrew Perry, Bestuurder

Original publication ↗

Technical details

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14-03-2025 2 directors appointed, 1 resigning Director changes

Claire WATT, Bestuurder
Jerry ABRAHAM, Bestuurder
Deborah BOWRING, Bestuurder

Original publication ↗

Technical details

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2024

17-07-2024 Vanessa Gough resigns as director Director changes

Vanessa Gough, Bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Overige financiële dienstverlening, neg64999

Primary activity highlighted.

Names & trade names

Legal nameNL

RS Integrated Supply Belgium

Registered office

Louizalaan 65 bus 11

1050 Elsene, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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