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RSM INTERAUDIT

Active Private limited companyfounded 1988active for 37 yearsLozenberg 18, 1932 ZaventemKBO/BCE: BE 0436.391.122 subsidiary of Toelen Cats Dupont Koevoets group#8 company by staff growth in Flemish Brabant, Legal and accounting sector
Part of the group Toelen Cats Dupont Koevoets group 8 companies
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Lifetime

19 annual accounts with figures on one time axis, 37 filings since 1989
peak €17.5m (2025)
€17.5m▲ 7.1%
peak €175,464 (2021)
€13,387▲ 19.5%
peak €1.3m (2025)
€1.3m▲ 1.1%
€4.2m▲ 10.7%
peak 87.3 FTE (2025)
87.3 FTE▲ 5.2%
Board14 names since 2009all names
4 directorsThierry LEJUSTE and 3 others
Owners3 names in the annual accounts
Documentsfilings and deeds
09-01-202650 days before the deadline
2025financial year
Merger: RSM INTERAUDIT takes over RSM REVISEURS D'ENTREPRISES… 03-09Merger proposal: RSM InterAudit takes over RSM Réviseurs d'En… 17-06Powers of attorney: Catherine Saey, Céline Arnaud and 27 others 29-04Reappointment: BV Thierry Lejuste (director) 11-02Investments €15,696Cash from €342,656 to €524,333

Key points

from the 2025 annual accounts

Equity

€1.3m ▲ 1.1%

RSM INTERAUDIT has made a profit in every financial year since 2007.

Debts

€4.2m 77% of the balance sheet
Financial debts 18%Suppliers 38%Taxes and wages 28%Other 16%

Investments

€15,696 2.8 × depreciation
20242025

Green is investment, beige is depreciation.

Staff

81 employees on 31-07-2025
27242022342420232925202435342025

In 2025, 35 people joined and 34 left.

Checked score

83
Excellent
Financially stronger than 28% of medium-sized companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 94 companies (NACE 69, medium-sized).

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024highest value 02-2025: 0.3%▼ -0.1 percentage points vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026

Financial strength
Weak

48-2equity 22.9% of total assets
20+2short-term debt 77.1% · cash 9.5%
34+1return on assets 0.2%

Score breakdown

raises risk
1 change of registered office in 24 months
Equity €1.3m (22.9% of total assets)
Size: turnover €17.5m, 87.3 FTE, total assets €5.5m
lowers risk
Sector: Legal and accounting activities (NACE 69)
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 69, medium-sized). It does better than 38% of them on solvency, 19% on liquidity, 14% on profitability and 41% on growth.

The bankruptcy probability was computed on 07-11-2026 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 31-07-2025.

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, 733 companies had the same profile as RSM INTERAUDIT has now. Each dot stands for 2 companies, two years later.

97.4%
were still trading
1.4%
stopped another way
1.0%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RSM INTERAUDIT itself: 0.3% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 733 companies, not a prediction for RSM INTERAUDIT. 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 €100,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.28 (1.31 in 2024), below the usual 1.5. Short-term debt is 77.1% and cash 9.5% of total assets. 77.1% 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
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Equity €1.3m (22.9% of total assets)
NBB · annual accounts
raises risk · Size: turnover €17.5m, 87.3 FTE, total assets €5.5m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 09-01-2026, 50 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
50 days early
2024
45 days early
2023
45 days early
2022
49 days early
2021
77 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 53 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 10 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-07-2026 year end08-11-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

TL
Director, since 12-12-2018
LL
Director, since 09-12-2020
KC
Director, Kurt Coninx
GV
Director, since 13-12-2023
BC
Auditor, Paul Moreau

Shares in 1 company, interSERVICES

Board & ownership

Recent changes

Merger: RSM INTERAUDIT takes over RSM REVISEURS D'ENTREPRISES - BEDRIJFSREVISOREN Capital increase of €77,824.43 · 399 new shares · Gazette deed
Merger proposal: RSM InterAudit takes over RSM Réviseurs d'Entreprises-Bedrijfsrevisoren Permanent representative: Thierry Lejuste · Board meeting of 22-05-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0436391122
Reappointment: BV Thierry Lejuste (director) General meeting of 11-12-2024 · Gazette deed
All 106 events

Comparable companies

same main activity, similar in size and age
Company
RSM INTERAUDIT Zaventem €17.5m 2.0% 22.9% 87.3
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES Antwerp €17.4m 4.1% 9.9% 98.3
Forvis Mazars Bedrijfsrevisoren Saint-Josse-ten-Noode €25.5m 1.8% 2.0% 150.4
VGD Bedrijfsrevisoren Wemmel €9.4m 8.5% 6.1% 48.2
ERNST & YOUNG ASSURANCE SERVICES Machelen (Brab.) €5.1m 10.7% 45.2% 35.8
Callens, Vandelanotte & Theunissen Antwerp €13.9m 12.2% 68.6% 43.7
Baker Tilly Bedrijfsrevisoren Merelbeke-Melle €5.4m 2.0% 5.1% 23.4
-10%0%10%20%€1m€10m€100mRSM INTERAUDITEBIT margin

Grey: the largest companies of the sector (legal and accounting (NACE 69)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as RSM INTERAUDIT: activities of company auditors (NACE 69203). They are comparable in size and age: total assets between €3.1m and €11m, founded between 1985 and 2005.

Official details

Source: KBO
Status
Active since 30-12-1988Normal situation
Registered office
25 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
Activity
Activities of company auditorsNACE 69203
Joint committee
336Liberal professions · annual accounts 31-07-2024
Establishment units
2.188.130.9482600 Antwerp, since 16-03-2010
2.188.131.8396041 Charleroi, since 16-03-2010and 4 others
Financial year end
31 July
Peppol
Reachable since 26-05-2025
Company details

Annual accounts to 31-07-2025

€5.5m▲ 8.4%
Employeeson 31-07-2025
81▲ 2.5%
Filing
Filed on 09-01-2026, 50 days before the end of the filing period
Financials

Insights on RSM INTERAUDIT

RSM INTERAUDIT has existed since 1988. Turnover grew from €8.7m in 2010 to €17.5m in 2025 and staff from 37.1 to 87.3 full-time equivalents.

Turnover has grown every year since 2016.

Toelen Cats Dupont Koevoets group holds all the shares.

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 RSM INTERAUDIT

What is the company number of RSM INTERAUDIT?
The company number of RSM INTERAUDIT is 0436.391.122. The VAT number is the same number with BE in front: BE 0436.391.122.
Where is RSM INTERAUDIT based?
The registered office is at Lozenberg 18, 1932 Zaventem.Company details
What does RSM INTERAUDIT do?
According to the KBO register, the main activity is activities of company auditors (NACE 69203).
What is the legal form of RSM INTERAUDIT?
RSM INTERAUDIT is a private limited company (BV).
When was RSM INTERAUDIT founded?
RSM INTERAUDIT was founded on 30-12-1988.
Is RSM INTERAUDIT still active?
Yes, RSM INTERAUDIT is an active enterprise in the KBO register.
How many employees does RSM INTERAUDIT have?
RSM INTERAUDIT had an average of 87.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does RSM INTERAUDIT fall under?
In its 31-07-2024 annual accounts, RSM INTERAUDIT states joint committee 336 (Liberal professions).
What is the turnover of RSM INTERAUDIT?
The turnover of RSM INTERAUDIT was €17.5m in financial year 2025, according to the filed annual accounts.
Is RSM INTERAUDIT profitable?
In financial year 2025, RSM INTERAUDIT made a profit of €13,387.
Where can I find the annual accounts of RSM INTERAUDIT?
RSM INTERAUDIT filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RSM INTERAUDIT due?
RSM INTERAUDIT must file the annual accounts for financial year 2026 by 28-02-2027.Timeline

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