RS &P CONSTRUCT
ActiveSummary
RS &P CONSTRUCT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €20k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-31
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 0.45 in 2024; short-term debt: 3.8% and cash: 6.1% of total assets), and 3.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
96.2%
Return on assets
6.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
37 d late
2022
31 d early
2021
32 d early
2020
1 d early
2019
63 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€313k▲ 6.8%
2024 · €293k
2018: €76klowest in 8 years
2019: €112k▲ +46.6% vs 2018
2020: €165k▲ +46.8% vs 2019
2021: €175k▲ +6.5% vs 2020
2022: €193k▲ +10.0% vs 2021
2023: €237k▲ +22.7% vs 2022
2024: €293k▲ +23.9% vs 2023
2025: €313k▲ +6.8% vs 2024highest in 8 years
2018 → 2025
Total assets
€326k▲ 6.5%
2024 · €306k
2018: €334khighest in 8 years
2019: €329k▼ -1.3% vs 2018
2020: €331k▲ +0.4% vs 2019
2021: €317k▼ -4.2% vs 2020
2022: €313k▼ -1.2% vs 2021
2023: €307k▼ -1.8% vs 2022
2024: €306k▼ -0.4% vs 2023lowest in 8 years
2025: €326k▲ +6.5% vs 2024
2018 → 2025
Net result
€20k▼ 64.5%
2024 · €57k
2018: €9klowest in 8 years
2019: €36k▲ +298% vs 2018
2020: €52k▲ +47.3% vs 2019
2021: €11k▼ -79.6% vs 2020
2022: €18k▲ +63.7% vs 2021
2023: €44k▲ +150% vs 2022
2024: €57k▲ +29.0% vs 2023highest in 8 years
2025: €20k▼ -64.5% vs 2024
2018 → 2025
Working capital
€13k
2024 · €-7k
2018: €-119klowest in 8 years
2019: €-101k▲ +15.3% vs 2018
2020: €-66k▲ +34.2% vs 2019
2021: €-78k▼ -16.9% vs 2020
2022: €-60k▲ +22.6% vs 2021
2023: €-62k▼ -2.7% vs 2022
2024: €-7k▲ +88.5% vs 2023
2025: €13k▲ +284% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€193k▲ 10.0%€237k▲ 22.7%€293k▲ 23.9%€313k▲ 6.8%
2021: €175klowest in 5 years
2022: €193k▲ +10.0% vs 2021
2023: €237k▲ +22.7% vs 2022
2024: €293k▲ +23.9% vs 2023
2025: €313k▲ +6.8% vs 2024highest in 5 years
Operating result€21k-€24k▲ 11.9%€25k▲ 4.3%€28k▲ 14.1%€28k▼ 1.8%
2021: €21klowest in 5 years
2022: €24k▲ +11.9% vs 2021
2023: €25k▲ +4.3% vs 2022
2024: €28k▲ +14.1% vs 2023highest in 5 years
2025: €28k▼ -1.8% vs 2024
Net result€11k-€18k▲ 63.7%€44k▲ 150%€57k▲ 29.0%€20k▼ 64.5%
2021: €11klowest in 5 years
2022: €18k▲ +63.7% vs 2021
2023: €44k▲ +150% vs 2022
2024: €57k▲ +29.0% vs 2023highest in 5 years
2025: €20k▼ -64.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €326k
Fixed assets
€300k =
Current assets
€26k ▲ 346%
Equity and liabilities €326k
Equity
€313k ▲ 6.8%
Debt
€13k ▼ 2.1%
Debt's share of the balance-sheet total falls from 4.2% to 3.8%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.04▲
2024 · 0.45
Debt to equity
0.04▼
2024 · 0.04
ROE
6.4%▼
2024 · 19.3%
ROA
6.2%▼
2024 · 18.5%
Debt ≤ 1 year
€13k▼
2024 · €13k
Income taxes
€8k▲
2024 · €7k
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 · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€306k€326k▲
Fixed assets21/28€300k€300k=
Financial fixed assets28€300k€300k=
Current assets29/58€6k€26k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€3k€4k▲
Other amounts receivable41€194€334▲
Cash at bank and in hand54/58€2k€20k▲
Deferred charges and accrued income490/1€911€2k▲
Equity and liabilities
Total equity and liabilities10/49€306k€326k▲
Equity10/15€293k€313k▲
Contributions10/11€6k€6k=
Reserves13€96k€116k▲
Distributable reserves133€96k€116k▲
Profit (loss) carried forward14€191k€191k=
Amounts payable17/49€13k€13k▼
Amounts payable within one year42/48€13k€13k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€2k€5k▲
Income statement
Code20242025
Other operating charges640/8€640€636▼
Gross operating margin9900€29k€29k▼
Operating profit (loss)9901€28k€28k▼
Financial income75/76B€35k€227▼
Recurring financial income75€35k€227▼
Financial charges65/66B€598€209▼
Recurring financial charges65€598€209▼
Profit (loss) for the period before taxes9903€63k€28k▼
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€57k€20k▼
Profit (loss) for the period to be appropriated9905€57k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€211k▲
Profit (loss) brought forward from the previous period14P€134k€191k▲
Transfer to equity691/2-€20k
To other reserves6921-€20k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €549 | €439 | €537 | €640 | €636 | ▼ 0.7% |
| Gross operating margin9900 | €22k | €24k | €25k | €29k | €29k | ▼ 1.8% |
| Operating profit (loss)9901 | €21k | €24k | €25k | €28k | €28k | ▼ 1.8% |
| Financial income75/76B | - | - | €25k | €35k | €227 | ▼ 99.4% |
| Recurring financial income75 | - | - | €25k | €35k | €227 | ▼ 99.4% |
| Financial charges65/66B | €2k | €2k | €1k | €598 | €209 | ▼ 65.1% |
| Recurring financial charges65 | €2k | €2k | €1k | €598 | €209 | ▼ 65.1% |
| Profit (loss) for the period before taxes9903 | €19k | €22k | €49k | €63k | €28k | ▼ 55.7% |
| Income taxes67/77 | €8k | €5k | €5k | €7k | €8k | ▲ 21.2% |
| Profit (loss) for the period9904 | €11k | €18k | €44k | €57k | €20k | ▼ 64.5% |
| Profit (loss) for the period to be appropriated9905 | €11k | €18k | €44k | €57k | €20k | ▼ 64.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €317k | €313k | €307k | €306k | €326k | ▲ 6.5% |
| Fixed assets21/28 | €300k | €300k | €300k | €300k | €300k | = |
| Financial fixed assets28 | €300k | €300k | €300k | €300k | €300k | = |
| Current assets29/58 | €16k | €13k | €7k | €6k | €26k | ▲ 346% |
| Amounts receivable within one year40/41 | €5k | €4k | €215 | €3k | €4k | ▲ 25.4% |
| Trade receivables40 | €5k | €3k | - | €3k | €4k | ▲ 22.5% |
| Other amounts receivable41 | €384 | €1k | €215 | €194 | €334 | ▲ 72.1% |
| Cash at bank and in hand54/58 | €11k | €8k | €6k | €2k | €20k | ▲ 1,189% |
| Deferred charges and accrued income490/1 | - | €838 | €947 | €911 | €2k | ▲ 84.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €317k | €313k | €307k | €306k | €326k | ▲ 6.5% |
| Equity10/15 | €175k | €193k | €237k | €293k | €313k | ▲ 6.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €96k | €96k | €96k | €96k | €116k | ▲ 20.9% |
| Distributable reserves133 | €96k | €96k | €96k | €96k | €116k | ▲ 20.9% |
| Profit (loss) carried forward14 | €73k | €91k | €134k | €191k | €191k | = |
| Amounts payable17/49 | €141k | €120k | €71k | €13k | €13k | ▼ 2.1% |
| Amounts payable after more than one year17 | €47k | €47k | €2k | - | - | - |
| Financial debts170/4 | €47k | €47k | €2k | - | - | - |
| Amounts payable within one year42/48 | €94k | €73k | €69k | €13k | €13k | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | €22k | €27 | €23k | €2k | - | - |
| Trade debts44 | €425 | €2k | €2k | €2k | €2k | ▼ 32.2% |
| Suppliers440/4 | €425 | €2k | €2k | €2k | €2k | ▼ 32.2% |
| Taxes, remuneration and social security45 | €2k | €3k | €1k | €6k | €6k | ▼ 10.6% |
| Taxes450/3 | €387 | €1k | €1k | €5k | €6k | ▲ 25.0% |
| Remuneration and social security454/9 | €2k | €2k | €83 | €2k | - | - |
| Other amounts payable47/48 | €70k | €68k | €43k | €2k | €5k | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11k | €18k | €44k | €57k | €20k | ▼ 64.5% |
| Operating cash flow (approximation) | €11k | €18k | €44k | €57k | €20k | ▼ 64.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-4k | €-2k | €-4k | €18k | ▲ 518% |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 5current ratio 2.04
Current ratio from 0.45 to 2.04; short-term debt falls from €13k to €13k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2018net €57k ▲29%
Net result €57k, the highest in the series.
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 37 days late
2023
31-12
Financial
Equity above €200kEq €237k ▲22.7%
6 profitable years in a row build equity to €237k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €165k ▲46.8%
3 profitable years in a row build equity to €165k.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 63 days late
2019
31-12
Financial
Equity above €100kEq €112k ▲46.6%
2 profitable years in a row build equity to €112k.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
07-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Anderlecht · 1 establishment unit since 2010
Ground area
624 m²
Building footprint
442 m²
Volume, LiDAR
2,574 m³
2 parcels, Brussels · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
RS & P CONSTRUCT
since 20102.190.198.434
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0641/00Y006 | Brussels | 383 m² | 1 · 279 m² | 10.9 m · 1 fl. |
| 21308H0641/00T004 | Brussels | 241 m² | 1 · 164 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 5,325 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
Founded28-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43120Site preparation
43230Insulation installation
43910Bricklaying and masonry work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.