RSRF
ActiveThe computed 12-month bankruptcy probability of RSRF is 1.8% (moderate). The 2025 annual accounts show equity of €70k and a net result of €20k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 7332 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+5
Solvency74▼-7
Growth82▲+17
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.9 against 2.09 in 2024; short-term debt: 51.3% and cash: 7.5% of total assets), but 51.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
48.7%
Return on assets
13.6%
Age of the figures
14 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 02-03-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
2 d late
2024
1 d early
2023
16 d early
2022
4 d early
2021
266 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close16-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€400k▲ 48.1%
2022 · €270k
2021: €293k
2022: €270k
2021 → 2023
EBIT margin
7.7%▲ 6.1pp
2022 · 1.5%
2021: 7.4%
2022: 1.5%
2021 → 2023
Net result
€20k▲ 122%
2024 · €9k
2021: €11k
2022: €5k
2023: €22k
2024: €9k
2021 → 2025
Working capital
€67k▲ 52.7%
2024 · €44k
2021: €12k
2022: €19k
2023: €33k
2024: €44k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€293k-€270k▼ 7.8%€400k▲ 48.1%
Equity€15k-€20k▲ 32.9%€42k▲ 112%€51k▲ 21.1%€70k▲ 38.6%
Operating result€22k-€4k▼ 80.8%€31k▲ 638%€8k▼ 72.9%€33k▲ 299%
Net result€11k-€5k▼ 55.1%€22k▲ 352%€9k▼ 60.1%€20k▲ 122%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 299% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€3k▼ 51.7%
Current assets
€141k▲ 67.9%
Equity and liabilities €145k
Equity
€70k▲ 38.6%
Debt
€74k▲ 84.5%
The debt ratio rises from 44.2% to 51.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2024 · €12k
Cash flow
€23k▲
2024 · €13k
Solvency
48.7%▼
2024 · 55.8%
Current ratio
1.90▼
2024 · 2.09
Quick ratio
1.90▼
2024 · 2.09
Debt / equity
1.05▲
2024 · 0.79
ROE
27.8%▲
2024 · 17.4%
ROA
13.6%▲
2024 · 9.7%
Interest coverage
88.06▲
2024 · 38.76
Debt
€74k▲
2024 · €40k
Debt ≤ 1 year
€74k▲
2024 · €40k
Income taxes
€13k▲
2024 · €6k
Staff costs
€387▲
2024 · €384
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€91k€145k▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Furniture and vehicles24€7k€3k▼
Current assets29/58€84k€141k▲
Amounts receivable within one year40/41€73k€131k▲
Trade receivables40€59k€107k▲
Other amounts receivable41€13k€24k▲
Cash at bank and in hand54/58€12k€11k▼
Equity and liabilities
Total equity and liabilities10/49€91k€145k▲
Equity10/15€51k€70k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€47k€66k▲
Amounts payable17/49€40k€74k▲
Amounts payable within one year42/48€40k€74k▲
Financial debts43€6-
Credit institutions430/8€6-
Trade debts44€30k€56k▲
Suppliers440/4€30k€56k▲
Taxes, remuneration and social security45€10k€18k▲
Taxes450/3€10k€18k▲
Income statement
Code20242025
Remuneration, social security and pensions62€384€387▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€18k€39k▲
Operating profit (loss)9901€8k€33k▲
Financial income75/76B€7k€2k▼
Recurring financial income75€7k€2k▼
Non-recurring financial income76B€7k€2k▼
Financial charges65/66B€317€2k▲
Recurring financial charges65€317€417▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€15k€33k▲
Income taxes67/77€6k€13k▲
Profit (loss) for the period9904€9k€20k▲
Profit (loss) for the period to be appropriated9905€9k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€66k▲
Profit (loss) brought forward from the previous period14P€38k€47k▲
The notes to these accounts (4 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
02-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
Financial
Highest result since 2021net €22k ▲352%
Net result €22k, the highest in the series.
24-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 266 days late
31-07
Financial
Weakest financial yearnet €5k ▼55.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-07
Financial
Liquidity triplescurrent ratio 5.68
Current ratio from 1.97 to 5.68; short-term debt falls from €12k to €4k.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Grimbergen · 1 establishment unit since 2020
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.
Tangedallaan 291850 GrimbergenGround area
300 m²
Building footprint
152 m²
Volume, LiDAR
1,161 m³
2 parcels, Flanders · tallest building 12.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RSRF
since 20202.304.220.746
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23025I0296/00X000 | Flanders | 201 m² | 1 · 54 m² | 12.6 m · 4 fl. |
| 46028C0877/00C000 | Flanders | 99 m² | 1 · 99 m² | 9.1 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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MAJSTER
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SOUSOU CONSTRUCT
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-07
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.