RSS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RSS CONSTRUCT is 3.8% (moderate). The 2024 annual accounts show equity of €364,814 and a net result of €68,283. Equity is growing by ~36.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 3551 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+9
Solvency81▲+13
Growth64▼-7
Track record100
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.19 against 1.71 in 2023; short-term debt: 40% and cash: 3.2% of total assets), and 44.1% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-02-2026, 208 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
208 d late
2023
121 d late
2022
217 d late
2021
89 d late
2020
97 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 146 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 (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€671,164▼ 16.7%
2023 · €805,762
EBIT margin
13.5%▲ 4.6pp
2023 · 8.9%
Net result
€68,283▲ 21.2%
2023 · €56,324
Working capital
€311,420▲ 28.1%
2023 · €243,132
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€648,514-€1.2m▲ 91.4%€738,003▼ 40.5%€805,762▲ 9.2%€671,164▼ 16.7%
Operating result€23,917-€65,896▲ 176%€209,090▲ 217%€71,769▼ 65.7%€90,466▲ 26.1%
Net result€18,451-€52,868▲ 187%€164,889▲ 212%€56,324▼ 65.8%€68,283▲ 21.2%
EBIT margin3.7%-5.3%▲ 1.6pp28.3%▲ 23.0pp8.9%▼ 19.4pp13.5%▲ 4.6pp
Equity€22,451-€75,319▲ 235%€240,207▲ 219%€296,531▲ 23.4%€364,814▲ 23.0%
Total assets€97,843-€226,971▲ 132%€390,210▲ 71.9%€683,018▲ 75.0%€652,731▼ 4.4%
Debt€75,392-€151,652▲ 101%€150,002▼ 1.1%€386,487▲ 158%€287,917▼ 25.5%
Working capital€18,977-€53,982▲ 184%€229,987▲ 326%€243,132▲ 5.7%€311,420▲ 28.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 26% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €652,731
Fixed assets
€80,314 ▼ 17.9%
Current assets
€572,416 ▼ 2.2%
Equity and liabilities €652,731
Equity
€364,814 ▲ 23.0%
Debt
€287,917 ▼ 25.5%
Debt's share of the balance-sheet total falls from 56.6% to 44.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105,909▲
2023 · €84,820
Cash flow
€83,726▲
2023 · €69,375
Current ratio
2.19▲
2023 · 1.71
Debt to equity
0.79▼
2023 · 1.30
ROE
18.7%▼
2023 · 19.0%
ROA
10.5%▲
2023 · 8.2%
Interest coverage
40.65▼
2023 · 62.18
Debt ≤ 1 year
€260,996▼
2023 · €342,118
Debt > 1 year
€26,920▼
2023 · €44,369
Income taxes
€19,578▲
2023 · €14,081
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €648,514 | €1.2m | €738,003 | €805,762 | €671,164 | ▼ 16.7% |
| Non-recurring operating income76A | - | €0 | €50,850 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €1.2m | €544,850 | €720,942 | €563,809 | ▼ 21.8% |
| Remuneration, social security and pensions62 | - | €1,244 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €682 | €9,391 | €32,326 | €13,051 | €15,443 | ▲ 18.3% |
| Other operating charges640/8 | - | €1,700 | €2,586 | - | €1,445 | - |
| Gross operating margin9900 | €25,274 | €78,231 | €244,002 | €84,820 | €107,354 | ▲ 26.6% |
| Operating profit (loss)9901 | €23,917 | €65,896 | €209,090 | €71,769 | €90,466 | ▲ 26.1% |
| Financial income75/76B | - | €1 | €0 | - | €0 | - |
| Recurring financial income75 | - | €1 | €0 | - | €0 | - |
| Non-recurring financial income76B | - | €1 | - | - | - | - |
| Financial charges65/66B | - | €332 | €192 | €1,364 | €2,605 | ▲ 91.0% |
| Recurring financial charges65 | €608 | €332 | €192 | €1,364 | €2,605 | ▲ 91.0% |
| Profit (loss) for the period before taxes9903 | €23,309 | €65,564 | €208,898 | €70,405 | €87,861 | ▲ 24.8% |
| Income taxes67/77 | €4,858 | €12,696 | €44,009 | €14,081 | €19,578 | ▲ 39.0% |
| Profit (loss) for the period9904 | €18,451 | €52,868 | €164,889 | €56,324 | €68,283 | ▲ 21.2% |
| Profit (loss) for the period to be appropriated9905 | €18,451 | €52,868 | €164,889 | €56,324 | €68,283 | ▲ 21.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €97,843 | €226,971 | €390,210 | €683,018 | €652,731 | ▼ 4.4% |
| Fixed assets21/28 | €3,474 | €65,537 | €65,711 | €97,768 | €80,314 | ▼ 17.9% |
| Tangible fixed assets22/27 | €3,474 | €65,537 | €65,711 | €97,768 | €80,314 | ▼ 17.9% |
| Plant, machinery and equipment23 | - | €5,017 | €23,150 | €17,486 | €23,850 | ▲ 36.4% |
| Furniture and vehicles24 | - | €60,520 | €42,561 | €80,282 | €56,464 | ▼ 29.7% |
| Current assets29/58 | €94,369 | €161,434 | €324,499 | €585,250 | €572,416 | ▼ 2.2% |
| Amounts receivable within one year40/41 | €74,323 | €151,695 | €297,762 | €462,553 | €551,219 | ▲ 19.2% |
| Trade receivables40 | - | €109,557 | €172,914 | €133,678 | €211,758 | ▲ 58.4% |
| Other amounts receivable41 | - | €42,138 | €124,848 | €328,875 | €339,461 | ▲ 3.2% |
| Cash at bank and in hand54/58 | €20,046 | €9,739 | €26,737 | €122,697 | €21,197 | ▼ 82.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €97,843 | €226,971 | €390,210 | €683,018 | €652,731 | ▼ 4.4% |
| Equity10/15 | €22,451 | €75,319 | €240,207 | €296,531 | €364,814 | ▲ 23.0% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Capital10 | - | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Issued capital100 | - | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Reserves13 | €400 | €400 | €400 | €400 | €400 | = |
| Non-distributable reserves130/1 | - | €400 | €400 | €400 | €400 | = |
| Legal reserve130 | - | €400 | €400 | €400 | €400 | = |
| Profit (loss) carried forward14 | €18,051 | €70,919 | €235,807 | €292,131 | €360,414 | ▲ 23.4% |
| Amounts payable17/49 | €75,392 | €151,652 | €150,002 | €386,487 | €287,917 | ▼ 25.5% |
| Amounts payable after more than one year17 | - | €44,200 | €55,490 | €44,369 | €26,920 | ▼ 39.3% |
| Financial debts170/4 | - | €44,200 | €55,490 | €44,369 | €26,920 | ▼ 39.3% |
| Amounts payable within one year42/48 | €75,392 | €107,452 | €94,512 | €342,118 | €260,996 | ▼ 23.7% |
| Trade debts44 | €70,533 | €89,897 | €32,947 | €248,253 | €144,753 | ▼ 41.7% |
| Suppliers440/4 | - | €89,897 | €32,947 | €248,253 | €144,753 | ▼ 41.7% |
| Taxes, remuneration and social security45 | - | €17,556 | €61,565 | €93,865 | €116,243 | ▲ 23.8% |
| Taxes450/3 | - | €17,556 | €61,565 | €93,865 | €116,243 | ▲ 23.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,451 | €52,868 | €164,889 | €56,324 | €68,283 | ▲ 21.2% |
| + Depreciation and write-downs630 | €682 | €9,391 | €32,326 | €13,051 | €15,443 | ▲ 18.3% |
| Operating cash flow (approximation) | €19,133 | €62,260 | €197,215 | €69,375 | €83,726 | ▲ 20.7% |
| Investment in fixed assets (approximation) | - | -€71,454 | -€32,500 | -€45,108 | €2,011 | ▲ 104% |
| Change in cash | - | -€10,307 | €16,998 | €95,960 | -€101,500 | ▼ 206% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 208 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 121 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 217 days late
2022
31-12
Financial
Highest result since 2020net €164,889 ▲212%
Operating result €209,090, net result €164,889, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.43
Current ratio from 1.50 to 3.43; short-term debt falls from €107,452 to €94,512.
31-12
Financial
Equity above €200,000Eq €240,207 ▲219%
3 profitable years in a row build equity to €240,207.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 97 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2019
Ground area
204 m²
Building footprint
153 m²
Volume, LiDAR
1,260 m³
Parcel 21308H0465/00K003, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RSS CONSTRUCT
since 20192.295.812.529
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0465/00K003 | Brussels | 204 m² | 1 · 153 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
EURONET
BE 0430.083.647
Vorst · Eq €364,307
PAVER
BE 0785.504.614
Hoogstraten · Eq €364,162
SYSTEME ISOLATION DEBLAYAGE ETANCHEITE COFFRAGE
BE 0873.002.671
Brussel · Eq €365,483
SERV-R
BE 0455.012.251
Chaudfontaine · Eq €369,212
Maison MEURISSE
BE 0447.093.685
Leuze-en-Hainaut · Eq €369,246
Of 7,300 companies in sector 43350 we hold annual accounts for 2,360. 1,486 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43120Site preparation
43230Insulation installation
43910Bricklaying and masonry work
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.