Equity
RSC CONSTRUCT has made a profit without a break since 2024.
RSC CONSTRUCT has made a profit without a break since 2024.
The abbreviated format states no turnover.
Of this, €402,359 falls due within a year.
The 2023 accounts came 46 days late. The other four were filed on time.
Lower solvency than 88% of companies in specialised construction. Sector median 48.7% · 423 companies.
In July 2024, 2,372 companies had the same profile as RSC CONSTRUCT has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,372 companies, not a prediction for RSC CONSTRUCT. 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.
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.
| Company | ||||
|---|---|---|---|---|
| RSC CONSTRUCT Zaventem | €485,034 | €43,581 | 13.6% | 0 |
| AMD BUILD Vilvoorde | €341,982 | €68,925 | 72.3% | 1 |
| MASSAERT Sint-Pieters-Leeuw | €716,939 | €102,644 | 59.4% | 0 |
| SERIMMO Lille | €486,167 | €80,464 | 6.2% | 0 |
| Levare Grobbendonk | €307,573 | €85,100 | 0.8% | 0 |
| T.D.A. CONCEPT Jette | €261,623 | €53,999 | 68.9% | 0 |
| Styxx Projects Izegem | €612,984 | €89,941 | 11.4% | 0.8 |
These companies have the same main activity as RSC CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €262,000 and €717,000, founded between 2016 and 2023.
RSC CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin rose from €39,908 in 2022 to €43,581 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €380,000. Estimated: probably between €240,000 and €630,000.
Higher than 15% of 9,273 companies in 2025.
Higher than 23% of 9,196 companies in 2025.
Higher than 52% of 9,241 companies in 2025.
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
485,034 | 335,694 | 295,550 | 417,689 | 182,363 | |
21/28 |
31,345 | 40,233 | 15,262 | 13,533 | 4,579 | |
22/27 |
29,945 | 39,733 | 14,762 | 13,033 | 3,579 | |
23 |
4,122 | 5,648 | 3,367 | - | - | |
24 |
25,823 | 34,085 | 11,395 | 13,033 | 3,579 | |
28 |
1,400 | 500 | 500 | 500 | 1,000 | |
29/58 |
453,689 | 295,461 | 280,288 | 404,156 | 177,784 | |
29 |
0 | 109,539 | - | - | - | |
290 |
0 | 109,539 | - | - | - | |
3 |
0 | 93,462 | 203,000 | 225,000 | - | |
37 |
0 | 93,462 | 203,000 | 225,000 | - | |
40/41 |
431,546 | 65,354 | 44,783 | 145,482 | 80,895 | |
40 |
318,443 | 52,310 | 25,336 | 91,119 | 220 | |
41 |
113,103 | 13,044 | 19,447 | 54,363 | 80,675 | |
54/58 |
20,407 | 27,107 | 32,505 | 32,891 | 94,608 | |
490/1 |
1,736 | - | - | 782 | 2,281 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
485,034 | 335,694 | 295,550 | 417,689 | 182,363 | |
10/15 |
65,747 | 49,077 | 29,817 | 18,467 | 32,620 | |
10/11 |
5,000 | 5,000 | 5,000 | 5,000 | 5,000 | |
13 |
27,620 | 27,620 | 27,620 | 27,620 | 27,620 | |
133 |
27,620 | 27,620 | 27,620 | 27,620 | 27,620 | |
14 |
33,128 | 16,457 | -2,803 | -14,153 | - | |
17/49 |
419,287 | 286,617 | 265,733 | 399,222 | 149,743 | |
17 |
16,636 | 18,006 | - | - | - | |
170/4 |
16,636 | 18,006 | - | - | - | |
42/48 |
402,359 | 268,611 | 265,733 | 399,222 | 149,743 | |
42 |
1,371 | 1,287 | - | - | - | |
43 |
0 | 10,000 | - | - | - | |
430/8 |
0 | 10,000 | - | - | - | |
44 |
328,077 | 172,713 | 211,379 | 326,966 | 133,957 | |
440/4 |
328,077 | 172,713 | 211,379 | 326,966 | 133,957 | |
46 |
- | 0 | 2,000 | 5,506 | - | |
45 |
14,963 | 12,495 | 10,240 | 18,807 | 15,786 | |
450/3 |
12,547 | 7,706 | 6,622 | 11,975 | 10,473 | |
454/9 |
2,416 | 4,789 | 3,618 | 6,832 | 5,313 | |
47/48 |
57,948 | 72,116 | 42,114 | 47,942 | - | |
492/3 |
292 | - | - | - | - | |
| Income statement | ||||||
76A |
- | 0 | 2,255 | - | - | |
9900 |
43,581 | 35,366 | 19,436 | -6,197 | 39,908 | |
630 |
9,788 | 6,008 | 3,432 | 1,602 | 219 | |
640/8 |
3,735 | 758 | 572 | 2,692 | 1,418 | |
9901 |
30,058 | 28,600 | 15,432 | -10,492 | 38,271 | |
75/76B |
114 | 0 | 1,534 | - | 80 | |
75 |
114 | 0 | 1,534 | - | 80 | |
65/66B |
5,109 | 3,085 | 1,501 | 1,154 | 258 | |
65 |
5,109 | 3,085 | 1,501 | 1,154 | 258 | |
9903 |
25,063 | 25,515 | 15,465 | -11,646 | 38,093 | |
67/77 |
8,393 | 6,254 | 4,115 | 2,507 | 10,473 | |
9904 |
16,670 | 19,260 | 11,350 | -14,153 | 27,620 | |
9905 |
16,670 | 19,260 | 11,350 | -14,153 | 27,620 | |
| Appropriation of the result | ||||||
9906 |
33,128 | 16,457 | -2,803 | -14,153 | 27,620 | |
14P |
16,457 | -2,803 | -14,153 | - | - | |
691/2 |
- | - | - | - | 27,620 | |
6921 |
- | - | - | - | 27,620 | |
| Social balance sheet | ||||||
9087 |
0 | 0 | - | - | - | |
| Document | ||||||
The notes to these accounts have 14 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2026 at the NBB, filed on 29-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | abbreviated format | 29-10-2026 | 2026-00594457 | |
| 31-03-2025 | abbreviated format | 31-10-2025 | 2025-00557566 | |
| 31-03-2024 | abbreviated format | 02-10-2024 | 2024-00488341 | |
| 31-03-2023 | abbreviated format | 16-12-2023 | 2023-00529045 | |
| 31-03-2022 | abbreviated format | 28-09-2022 | 2022-20437999 |
| Line | Trend | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|---|
| 39,846 | 34,608 | 18,864 | -8,889 | 38,490 | ||
| 26,459 | 25,269 | 14,782 | -12,551 | 27,839 | ||
| 900 | 30,979 | 6,906 | 11,057 | 4,798 | ||
| -6,700 | -5,398 | -386 | -61,717 | - | ||
| 51,331 | 26,850 | 14,555 | 4,934 | 28,041 | ||
| 13.6% | 14.6% | 10.1% | 4.4% | 17.9% | ||
| 1.13 | 1.10 | 1.05 | 1.01 | 1.19 | ||
| 1.13 | 0.75 | 0.29 | 0.45 | 1.19 | ||
| 6.38 | 5.84 | 8.91 | 21.62 | 4.59 | ||
| 25.4% | 39.2% | 38.1% | -76.6% | 84.7% | ||
| 3.4% | 5.7% | 3.8% | -3.4% | 15.1% | ||
| 7.80 | 11.22 | 12.57 | -7.70 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2026 | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €30,979 | €6,906 | €11,057 | €3,798 |
| Financial fixed assets | €900 | - | - | - | €1,000 |
| €9,788 | €6,008 | €3,432 | €1,602 | €219 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is 5% higher than in 2025 and the highest since 2022. It is the third rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 85.4% to 86.4%. Equity and debt are higher.
RSC CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.
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The connected companies are in the list below.
Deadline for the 2027 accounts: 31-10-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 18 November 2020, RSC CONSTRUCT was incorporated as a private limited company by two natural persons, with a starting capital of €5,000.12 In 2025 the registered office moved to Zaventem.3 is director of the company, appointed by deed of 20-11-2020.2 Total assets went from €182,363 in 2022 to €485,034 in 2026.4
| Establishment | Since | Unit number |
|---|---|---|
| Leuvensesteenweg 643 registered office 1930 Zaventem | 18-11-2020 | 2.310.368.863 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23057B0120/00D000 | 4,170 m² | 1 · 1,315 m² | 15.4 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0758.539.010
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