RSA Immo
ActiveThe computed 12-month bankruptcy probability of RSA Immo is 1.7% (moderate). The 2025 annual accounts show equity of €181k and a net result of €49k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 4604 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+6
Solvency76▲+24
Growth52=
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.89 in 2024; short-term debt: 48.6% and cash: 33.8% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
51.4%
Return on assets
13.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
30 d late
2024
24 d late
2023
26 d late
2022
32 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€181k▲ 37.0%
2024 · €132k
2022: €68k
2023: €90k
2024: €132k
2022 → 2025
Total assets
€352k▼ 27.3%
2024 · €485k
2022: €123k
2023: €136k
2024: €485k
2022 → 2025
Net result
€49k▲ 14.8%
2024 · €43k
2022: €62k
2023: €21k
2024: €43k
2022 → 2025
Working capital
€-12k▲ 69.4%
2024 · €-39k
2022: €68k
2023: €90k
2024: €-39k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€68k-€90k▲ 31.2%€132k▲ 47.5%€181k▲ 37.0%
Operating result€82k-€28k▼ 65.5%€60k▲ 112%€63k▲ 5.6%
Net result€62k-€21k▼ 65.5%€43k▲ 99.9%€49k▲ 14.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €352k
Fixed assets
€193k▲ 11.2%
Current assets
€159k▼ 48.8%
Equity and liabilities €352k
Equity
€181k▲ 37.0%
Debt
€171k▼ 51.4%
The debt ratio falls from 72.8% to 48.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k▲
2024 · €71k
Cash flow
€70k▲
2024 · €53k
Solvency
51.4%▲
2024 · 27.2%
Current ratio
0.93▲
2024 · 0.89
Quick ratio
0.92▲
2024 · 0.69
Debt / equity
0.95▼
2024 · 2.67
ROE
27.0%▼
2024 · 32.2%
ROA
13.9%▲
2024 · 8.8%
Interest coverage
72.50▼
2024 · 98.46
Debt
€171k▼
2024 · €353k
Debt ≤ 1 year
€171k▼
2024 · €351k
Income taxes
€13k▼
2024 · €17k
Staff costs
€38k▲
2024 · €26k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€485k€352k▼
Fixed assets21/28€174k€193k▲
Intangible fixed assets21€7k€6k▼
Tangible fixed assets22/27€167k€187k▲
Land and buildings22-€35k
Plant, machinery and equipment23€159k€147k▼
Furniture and vehicles24€8k€5k▼
Current assets29/58€312k€159k▼
Stocks and contracts in progress3€71k€1k▼
Stocks30/36€71k€1k▼
Amounts receivable within one year40/41€200k€37k▼
Trade receivables40€185k€25k▼
Other amounts receivable41€15k€12k▼
Cash at bank and in hand54/58€35k€119k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€485k€352k▼
Equity10/15€132k€181k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€126k€174k▲
Amounts payable17/49€353k€171k▼
Amounts payable within one year42/48€351k€171k▼
Current portion of amounts payable after more than one year42-€25k
Trade debts44€265k€124k▼
Suppliers440/4€265k€124k▼
Taxes, remuneration and social security45€45k€20k▼
Taxes450/3€33k€20k▼
Remuneration and social security454/9€13k€143▼
Other amounts payable47/48€41k€3k▼
Accrued charges and deferred income492/3€2k-
Income statement
Code20242025
Remuneration, social security and pensions62€26k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€22k▲
Other operating charges640/8€591€9k▲
Gross operating margin9900€98k€132k▲
Operating profit (loss)9901€60k€63k▲
Financial charges65/66B€719€1k▲
Recurring financial charges65€719€1k▲
Profit (loss) for the period before taxes9903€59k€62k▲
Income taxes67/77€17k€13k▼
Profit (loss) for the period9904€43k€49k▲
Profit (loss) for the period to be appropriated9905€43k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€126k€174k▲
Profit (loss) brought forward from the previous period14P€83k€126k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Equity above €150kEq €181k ▲37%
4 profitable years in a row build equity to €181k.
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Equity above €100kEq €132k ▲47.5%
3 profitable years in a row build equity to €132k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €21k ▼65.5%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ham-sur-Heure-Nalinnes · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Baudouin Leprince(JAM) 1576120 Ham-sur-Heure-NalinnesGround area
1,213 m²
Building footprint
232 m²
Volume, LiDAR
1,579 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RSA IMMO
since 20212.326.114.933
Nusa Dua
since 20242.363.309.780
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56037B0026/00R002 | Wallonia | 637 m² | 1 · 86 m² | 8.5 m · 2 fl. |
| 52352C0353/00L002 | Wallonia | 576 m² | 1 · 146 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 24,864 companies in sector 96220 we hold annual accounts for 1,443. 838 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-12-2021
Fiscal year end31-12
Trade name FR
Nusa Dua
Activities, NACEBEL
96022Beauty treatment
96040Personal service activities
96220Beauty care and other beauty treatments
96230Day spas, saunas and steam baths
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.