Turnover
≈ €140,000 estimated
The micro format states no turnover.
RS Solutions
Lifetime
3 annual accounts with figures on one time axispeak €44,376 (2023)
€14,219▼ 42.0%
lowest -€7,755 (2025)
-€7,755▼ €11,407
peak €33,443 (2024)
€25,688▼ 23.2%
€17,712▼ 45.7%
Board1 name since 2023
1 directorHakim RAYSS
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €24,523 to €14,219Loss of €7,755Equity from €33,443 to €25,688Debts from €32,643 to €17,712
Key points
from the 2025 annual accountsFilings
3 annual accounts 2 late
The 2024 accounts came latest: 61 days after the end of the period.
Position in the sector
-€7,755
Lower net result than 86% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Checked score
63
Healthy
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%lowest value
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.7%▲ +0.1 percentage points vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 1.2%▲ +0.5 percentage points vs 07-2025
09-2025: 1.5%▲ +0.3 percentage points vs 08-2025
10-2025: 3.2%▲ +1.7 percentage points vs 09-2025highest value
11-2025: 3.2%● unchanged vs 10-2025highest value
12-2025: 3.2%● unchanged vs 11-2025highest value
01-2026: 3.1%▼ -0.1 percentage points vs 12-2025
02-2026: 3.1%● unchanged vs 01-2026
03-2026: 3.0%▼ -0.1 percentage points vs 02-2026
04-2026: 3.1%▲ +0.1 percentage points vs 03-2026
05-2026: 3.1%● unchanged vs 04-2026
06-2026: 3.1%● unchanged vs 05-2026
07-2026: 3.1%● unchanged vs 06-2026
08-2026: 1.4%▼ -1.7 percentage points vs 07-2026
09-2026: 1.4%● unchanged vs 08-2026
10-2026: 1.4%● unchanged vs 09-2026
11-2026: 1.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
2 of the last 3 accounts late
Founded in 2023
lowers risk
Liquidity: current ratio 1.73, cash €8,695
Equity €25,688 (59.2% of total assets)
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 43, micro). It does better than 65% of them on solvency, 60% on liquidity, 14% on profitability and 17% on growth.
The bankruptcy probability was computed on 10-11-2026 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 low class on 30-06-2025, 0.8% 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).
Comparable companies, two years later
In July 2024, 3,223 companies had the same profile as RS Solutions has now. Each dot stands for 9 companies, two years later.
87.8%
were still trading
8.7%
stopped another way
3.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RS Solutions itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,223 companies, not a prediction for RS Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.73 (1.32 in 2024), above the usual 1.5. Short-term debt is 31.6% and cash 20% of total assets. 40.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 · 3 filingsDeviation from the deadline
2025
on the day
2024
61 days late
2023
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 31 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (3 of the last 3 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802411615
Incorporation
Founding capital of €2,000, 100 shares · Founder: Hakim RAYSS · Appointment: Hakim RAYSS (director) · published on 07-06-2023 · Gazette deed
First establishment
Naastveldstraat 37, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RS Solutions Lokeren | €43,399 | €14,219 | 59.2% | - |
| Celik-Tech Zele | €41,598 | €14,570 | 88.5% | - |
| NDM PAINT Lede | €39,407 | €17,483 | 83.7% | - |
| SFE Zottegem | €48,927 | €16,516 | 51.3% | - |
| ASHAB Frasnes-lez-Anvaing | €55,516 | €14,061 | 38.0% | - |
| K.S. SOLUTIONS Lokeren | €56,157 | €13,368 | 60.0% | - |
| Leeman Frederik Geraardsbergen | €40,074 | €19,055 | 21.3% | - |
These companies have the same main activity as RS Solutions: site preparation (NACE 43120). They are comparable in size and age: total assets between €39,400 and €56,200, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 05-06-2023Normal situation
- Activity
- Site preparationNACE 43120and 5 others
- Joint committee
- 149.01Electricians: installation and distribution · annual accounts 2025
- Establishment unit
- 2.348.420.4789160 Lokeren, since 05-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 10-02-2026
Annual accounts 2025
- €43,399▼ 34.3%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on RS Solutions
RS Solutions files the micro format. That format states no turnover. The gross margin fell from €44,376 in 2023 to €14,219 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RS Solutions
- What is the company number of RS Solutions?
- The company number of RS Solutions is 0802.411.615. The VAT number is the same number with BE in front: BE 0802.411.615.
- Where is RS Solutions based?
- The registered office is at Naastveldstraat 37, 9160 Lokeren.Company details
- What does RS Solutions do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of RS Solutions?
- RS Solutions is a private limited company (BV).
- When was RS Solutions founded?
- RS Solutions was founded on 05-06-2023.
- Is RS Solutions still active?
- Yes, RS Solutions is an active enterprise in the KBO register.
- How many employees does RS Solutions have?
- RS Solutions had an average of 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does RS Solutions fall under?
- In its 2025 annual accounts, RS Solutions states joint committee 149.01 (Electricians: installation and distribution).
- What is the turnover of RS Solutions?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €14,219 and 31 comparable companies (NACE 43120). It probably lies between €64,000 and €200,000. It is a rough estimate.
- Is RS Solutions profitable?
- In financial year 2025, RS Solutions made a loss of €7,755.
- Where can I find the annual accounts of RS Solutions?
- RS Solutions filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RS Solutions due?
- RS Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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