Equity
€27.0m ▲ 15.3%
RSA INVEST has made a profit without a break since 2016.
RSA INVEST
Lifetime
20 annual accounts with figures on one time axis, 39 filings since 1987Gross marginpeak €61,863 (2025)
€61,863▲ 41.2%
Resultlowest -€325,799 (2008)
€3.6m▲ 6.4%
Equitypeak €27.0m (2025)
€27.0m▲ 15.3%
Debts
€322▼ 63.7%
Staffpeak 0 FTE (2024)
0 FTE
Board24 names since 2008all names
6 directorsMarc Beerlandt and 5 others
Owners
Documentsfilings and deeds
14-07-202617 days before the deadline
2025financial year
Gross margin from €43,799 to €61,8632 directors appointed, 2 resignations 13-02Equity from €23.5m to €27.0mDebts from €886 to €322Cash from €993,642 to €170,502
Key points
from the 2025 annual accountsTurnover
≈ €80,000 estimated
The accounts state no turnover.
Filings
39 annual accounts since 1987
Four of the last ten came late. The 2023 accounts came latest: 30 days after the end of the period.
Group
9 companies controlled
Heads a group.
Board
4 joined
New directors. Latest change 02-06-2026 · 7 in office.
Position in the sector
100.0%
Higher solvency than 95% of companies in real estate. Sector median 38.2% · 5,803 companies.
Checked score
97
Excellent
Financially stronger than 78% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,720 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026highest value
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 61591.51, cash €170,502, halved
lowers risk
Size: total assets €27.0m
Founded in 1986
Equity €27.0m (100.0% 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 68, medium-sized). It does better than 92% of them on solvency, 64% on liquidity, 79% on profitability and 78% on growth.
The bankruptcy probability was computed on 05-11-2026 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 very low class on 30-06-2025, 0.1% 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, 321 companies had the same profile as RSA INVEST has now. Each dot is one company, two years later.
97.5%
were still trading
2.5%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of RSA INVEST itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 321 companies, not a prediction for RSA INVEST. 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 €2,600,000 on 30-day terms is acceptable
Short-term debt is 0% and cash 0.6% of total assets. 0% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 days early
2024
26 days late
2023
30 days late
2022
14 days late
2021
34 days early
2020
50 days early
2019
17 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 14 August (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
and 1 other
Shares in 1 company, BRABO, HAVENLOODSEN EN BOOTLIEDEN
Board & ownershipRecent changes
6 directors reappointed
Rogge Aymeric, Criel Ludwig, Beerlandt Marc, Nuytemans Marc, Oyen Philippe and Durot Vincent · General meeting of 02-06-2026 · Gazette deed
2 directors appointed, 2 resignations
Resignations: Vincent Maldague and Anthony Durot · Appointments: Vincent Durot and Marc Beerlandt · General meeting of 17-06-2024 · Gazette deed
6 directors reappointed
Ludwig Criel, Patrick De Brabandere, Anthony Durot, Vincent Maldague, Philippe Oyen and Aymeric Rogge · General meeting of 15-06-2022 · Gazette deed
Appointment: Vincent Maldague (director)
Mandate compensation: Vincent Maldague · Board meeting of 15-10-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| RSA INVEST Antwerp | €27.0m | €61,863 | 100.0% | 0 |
| Jdj Holding Wuustwezel | €12.5m | €59,948 | 94.9% | 0 |
| Stevas Hasselt | €11.3m | €73,236 | 15.0% | 0 |
| DIRK CALLANT MANAGEMENT Knokke-Heist | €10.4m | €55,177 | 50.4% | 0 |
| SOCIETE DE RADIOLOGIE INDUSTRIELLE Knokke-Heist | €26.3m | €98,166 | 90.0% | 0.7 |
| CONNOSTRA Geel | €8.3m | €84,932 | 99.9% | 0 |
| FABRICE INTERNATIONAL Kortrijk | €12.4m | €148,949 | 51.9% | 0 |
These companies have the same main activity as RSA INVEST: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €8.3m and €26m, founded between 1980 and 2004.
Official details
Source: KBO- Status
- Active since 24-07-1986Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201
- Establishment unit
- 2.035.610.8212000 Antwerp, since 08-08-1986
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €27.0m▲ 15.3%
- Filing
- Filed on 14-07-2026, 17 days before the end of the filing period
Insights on RSA INVEST
The gross margin has grown every year since 2021.
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 RSA INVEST
- What is the company number of RSA INVEST?
- The company number of RSA INVEST is 0429.378.616. The VAT number is the same number with BE in front: BE 0429.378.616.
- Where is RSA INVEST based?
- The registered office is at Ernest Van Dijckkaai 8, 2000 Antwerp.Company details
- What does RSA INVEST do?
- According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
- What is the legal form of RSA INVEST?
- RSA INVEST is a public limited company (NV).
- When was RSA INVEST founded?
- RSA INVEST was founded on 24-07-1986.
- Is RSA INVEST still active?
- Yes, RSA INVEST is an active enterprise in the KBO register.
- What is the turnover of RSA INVEST?
- The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €61,863 and 45 comparable companies (NACE 682). It probably lies between €69,000 and €100,000.Financials
- Is RSA INVEST profitable?
- In financial year 2025, RSA INVEST made a profit of €3.6m.
- Where can I find the annual accounts of RSA INVEST?
- RSA INVEST filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RSA INVEST due?
- RSA INVEST must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.RSA INVEST · 11 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.