Financials
- Fiscal year
- 2025
- Total assets
- €1.1m
- Profit
- €12,555
- Solvency
- 27.7%
Total assets▼ 13.5%
Net result
20182025
RSQUARE
ActiveSummary
RSQUARE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292,651 and a net result of €12,555. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
What they do
General electrical installation work
NACE 43211IT consultancy NACE 62020Computer consultancy and computer facilities management NACE 62200
#5 company by equity in Genappe, Construction sector1 site
How big
€1.1mtotal assets 2025
- Staff
- 1 FTE
- Equity
- €292,651
- Profit
- €12,555
Who decides
Accounts filed 31 d late0 of 1 deed read
Why 69- 1 change of registered office in 24 months- Latest accounts 31 days late; 1 of the last 3 late+ Liquidity: current ratio 1.29, cash €346,041+ Figures for FY 2025 (filed 31-08-2026)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 31% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
53-18
equity 27.7% of total assets
Liquidity
53+7
short-term debt 71.1% · cash 32.8%
Profitability
70-1
return on assets 1.2%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
- 1 change of registered office in 24 months raises the probability
- Latest accounts 31 days late; 1 of the last 3 late raises the probability
- Liquidity: current ratio 1.29, cash €346,041 lowers the probability
- Figures for FY 2025 (filed 31-08-2026) lowers the probability
Credit up to €20,000 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.8 in 2024; short-term debt: 71.1% and cash: 32.8% of total assets), and 72.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 29%, liquidity 48%, profitability 38%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
78 d late
2021
31 d late
2020
80 d late
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Weakest financial yearnet €12,555 ▼35.7%
- Annual accounts filedfiscal year 2024 · full…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Weakest financial year
- 28-08-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 05-01-2006
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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