RS Properties
ActiveSummary
The computed 12-month bankruptcy probability of RS Properties is 2.1% (moderate). The 2025 annual accounts show negative equity (-€6.7m) and a net result of -€2.6m. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 15% of 516 sector peers (NACE 55, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 10-07-1990 Normal situation
- Activity
- Hotels and similar accommodation NACE 55100and 4 others
- Establishment unit
- 2.048.944.955 6700 Arlon, since 25-05-1990
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Board and ownership
- Nicolas de MIOMANDREDirector · since 04-07-2024
- Dominique BOURLIERDirector
- BEISSEL LéaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.1%
- Gross margin
- €659,781
- Turnover
- ≈ €1.3m
- estimated
- Loss
- €2.6m
- ▼ 12.8%
- Equity
- -€6.7m
- ▼ 65.1%
- Total assets
- €43.6m
- ▼ 2.9%
- Employees on 31-12-2025
- 5
- =
- Negative equity on 31-12-2025
- 2025 accounts filed 76 days after the deadline
Score breakdownraises riskNegative equity -€6.7mLiquidity: current ratio 0.09, cash €60,097, halvedLast filed accounts filed 76 days late; 3 of the last 3 accounts latelowers riskFounded in 1990Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 55, micro). It does better than 19% of them on solvency, 2% on liquidity, 18% on profitability and 9% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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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Signals
The company filed its last 7 accounts on average 53 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€6.7m View
- Risk: 8 loss-making years in a rowloss in financial year 2025 -€2.6m View
- Caution: Lower net result than 95% of companies in accommodationsector median €10,652 · 516 companies -€2.6m View
- Caution: Equity fell in 2025from -€4.1m to -€6.7m ▼ 65.1% View
- Board changedlatest change 02-04-2026 · 6 in office 1 joined · 1 left View
Recent changes
- · Gazette deed Appointment: Dominique BOURLIER (director)Resignation: BOULARD Olivier (director)
- · Gazette deed Reappointments: SCHINTGEN Robert, BEISSEL Léa and 3 others
- · Gazette deed Registered office moved within ArlonNew registered office: Route de Virton, 354 à B 6700 ARLON · Previous registered office: Avenue du 10ème de Ligne, 94 à B 6700 ARLON
Comparable companies
These companies have the same main activity as RS Properties: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €13m and €71m, founded between 1968 and 2000.
| Company | Total assets | Gross margin |
|---|---|---|
| RS Properties Arlon | €43.6m | €0.7m |
| M-INVEST Bruges | €13.6m | €0.4m |
| SOCIETE du CHATEAU d'EMPTINNE Etterbeek | €27.4m | €3.1m |
| ELAIS IMMO Andenne | €13.3m | €0.4m |
| Flanders Hospitality Nieuwpoort | €26.5m | €0.7m |
| GEERS P. Neufchâteau | €70.5m | €1.4m |
| USTEL Anderlecht | €28.5m | €2.4m |
Key facts about RS Properties
- What is the company number of RS Properties?
- The company number of RS Properties is 0441.417.801. The VAT number is the same number with BE in front: BE 0441.417.801.
- Where is RS Properties based?
- The registered office is at Toernich, route de Virton 354, 6700 Arlon.Company details
- What does RS Properties do?
- According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
- What is the legal form of RS Properties?
- RS Properties is a public limited company (NV).
- When was RS Properties founded?
- RS Properties was founded on 10-07-1990.
- Is RS Properties still active?
- Yes, RS Properties is an active enterprise in the KBO register.
- How many employees does RS Properties have?
- RS Properties had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RS Properties?
- The turnover in financial year 2025 is ≈ €1.3m. This figure is estimated from the gross margin of €659,781 and 30 comparable companies (NACE 55). It probably lies between €1.0m and €1.6m.
- Is RS Properties profitable?
- In financial year 2025, RS Properties made a loss of €2.6m.
- Where can I find the annual accounts of RS Properties?
- RS Properties filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RS Properties due?
- RS Properties must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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