RST CONSULTANCY
ActiveSummary
RST CONSULTANCY has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €158k and a net result of €28k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 19% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-1
Solvency38▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.73 against 0.82 in 2023; short-term debt: 27.6% and cash: 20.2% of total assets), and 86.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 8966 sector peers (2024).
NBB · sector comparisonPosition among 8966 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
30 d early
2022
40 d early
2021
61 d early
2020
61 d early
2019
55 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€158k▼ 22.3%
2023 · €203k
2018: €253k
2019: €309k
2020: €299k
2021: €259k
2022: €256k
2023: €203k
2018 → 2024
Total assets
€1.18M▼ 21.5%
2023 · €1.50M
2018: €2.87M
2019: €2.58M
2020: €2.28M
2021: €2.02M
2022: €1.80M
2023: €1.50M
2018 → 2024
Net result
€28k▼ 40.7%
2023 · €48k
2018: €129k
2019: €56k
2020: €82k
2021: €40k
2022: €97k
2023: €48k
2018 → 2024
Working capital
€-87k▼ 36.8%
2023 · €-64k
2018: €-149k
2019: €-66k
2020: €-41k
2021: €-56k
2022: €-35k
2023: €-64k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€299k-€259k▼ 13.5%€256k▼ 1.1%€203k▼ 20.5%€158k▼ 22.3%
Operating result€154k-€93k▼ 39.7%€165k▲ 77.5%€92k▼ 44.4%€60k▼ 34.1%
Net result€82k-€40k▼ 52.0%€97k▲ 145%€48k▼ 50.9%€28k▼ 40.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 34% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.18M
Fixed assets
€938k ▼ 22.4%
Current assets
€238k ▼ 18.1%
Equity and liabilities €1.18M
Equity
€158k ▼ 22.3%
Debt
€1.02M ▼ 21.4%
Debt's share of the balance-sheet total rises from 86.4% to 86.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€330k▼
2023 · €362k
Cash flow
€298k▼
2023 · €318k
Current ratio
0.73▼
2023 · 0.82
Debt to equity
6.44▲
2023 · 6.37
ROE
17.9%▼
2023 · 23.5%
ROA
2.4%▼
2023 · 3.2%
Interest coverage
13.51▲
2023 · 12.21
Debt ≤ 1 year
€325k▼
2023 · €354k
Debt > 1 year
€693k▼
2023 · €941k
Income taxes
€9k▼
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.50M€1.18M▼
Fixed assets21/28€1.21M€938k▼
Intangible fixed assets21€1.07M€834k▼
Tangible fixed assets22/27€134k€104k▼
Plant, machinery and equipment23€134k€104k▼
Current assets29/58€290k€238k▼
Cash at bank and in hand54/58€290k€238k▼
Equity and liabilities
Total equity and liabilities10/49€1.50M€1.18M▼
Equity10/15€203k€158k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€79k€34k▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€1k€1k=
Distributable reserves133€66k€20k▼
Profit (loss) carried forward14€23€263▲
Amounts payable17/49€1.29M€1.02M▼
Amounts payable after more than one year17€941k€693k▼
Financial debts170/4€941k€693k▼
Amounts payable within one year42/48€354k€325k▼
Current portion of amounts payable after more than one year42€247k€248k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€100k€74k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270k€270k=
Other operating charges640/8€1k€1k▼
Gross operating margin9900€363k€332k▼
Operating profit (loss)9901€92k€60k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€30k€24k▼
Recurring financial charges65€30k€24k▼
Profit (loss) for the period before taxes9903€64k€38k▼
Income taxes67/77€16k€9k▼
Profit (loss) for the period9904€48k€28k▼
Profit (loss) for the period to be appropriated9905€48k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€28k▼
Profit (loss) brought forward from the previous period14P€28€23▼
Transfer from equity791/2€52k€46k▼
Profit to be distributed694/7€100k€74k▼
Return on contributions (dividend)694€100k€74k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €28k ▼40.7%
Net result drops to €28k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Balen · 1 establishment unit since 2005
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.
Oosthamsesteenweg 952491 BalenGround area
2,112 m²
Building footprint
148 m²
Volume, LiDAR
1,125 m³
Parcel 13030C0153/00V000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RST Consultancy
since 20052.145.556.757
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13030C0153/00V000 | Flanders | 2,112 m² | 1 · 148 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
LiniT
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Brandopia
BE 0822.114.491
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G Studio Agency
BE 0763.457.405
Leuven · Eq €158,020
TINSTAAFL
BE 0630.919.672
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FA CONSULTANCY SERVICES
BE 0775.301.697
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 5,421 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-03-2005
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:014/236 280
Fax:014 236 382