Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Lower solvency than 93% of companies in warehousing and transport support. Sector median 42.6% · 1,191 companies.
In July 2024, 1,322 companies had the same profile as RSTD has now. Each dot stands for 4 companies, two years later.
The method was tested on the 497,448 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.
| 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 1,322 companies, not a prediction for RSTD. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| RSTD Dilbeek | €6,638 | -€6,987 | -75.2% | - |
| DEPANNAGE SAMA Namur | €5,000 | -€1,475 | 70.5% | - |
| MAZLOUM COMPANY Molenbeek-Saint-Jean | €5,233 | €56 | 97.2% | - |
| EL HACHIMI TAXI Ninove | €7,149 | -€3,860 | -48.8% | - |
| ASD CARS Asse | €7,617 | -€10,935 | -138.4% | - |
| L&A Associés Zaventem | €8,846 | €2,235 | 92.1% | - |
| MRB GROUP Asse | €4,606 | €367 | 12.7% | - |
These companies have the same main activity as RSTD: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €4,610 and €8,850, founded between 2023 and 2025.
The 2025 annual accounts show negative equity (-€4,990) and a net result of -€6,990. Its solvency ranks better than 6% of 1,191 sector peers (NACE 52, financial year 2025).
The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 6% of 1,191 companies in 2025.
Higher than 17% of 1,139 companies in 2025.
Lower than 95% of 1,159 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
6,638 | |
29/58 |
6,638 | |
40/41 |
2,237 | |
41 |
2,237 | |
54/58 |
4,402 | |
| Balance sheet: equity and liabilities | ||
10/49 |
6,638 | |
10/15 |
-4,990 | |
10/11 |
2,000 | |
14 |
-6,990 | |
17/49 |
11,628 | |
42/48 |
11,628 | |
44 |
742 | |
440/4 |
742 | |
47/48 |
10,886 | |
| Income statement | ||
9900 |
-6,987 | |
9901 |
-6,987 | |
75/76B |
0 | |
75 |
0 | |
65/66B |
3 | |
65 |
3 | |
9903 |
-6,990 | |
9904 |
-6,990 | |
9905 |
-6,990 | |
| Appropriation of the result | ||
9906 |
-6,990 | |
| Document | ||
The notes to these accounts have 2 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-10-2026.
2025 annual accounts filed 88 days after the deadline. Filed on 27 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00594463.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-10-2026 | 2026-00594463 |
| Line | Trend | 2025 |
|---|---|---|
| -4,990 | ||
| -75.2% | ||
| 0.57 | ||
| -105.3% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Equity is negative. Debt (€11,628) exceeds the balance-sheet total (€6,638).
RSTD has no parent and no holdings in its annual accounts. is the only director. RSTD shares no director with another company.
| Era Innova
registered office since 26-08-2024 · founded in 2019 |
13 FTE (2025) 0739.633.413 |
| DACO INVEST
registered office since 11-08-2005 · founded in 2005 |
total assets €474,683 (2025) 0875.566.144 |
| TSUKI SUSHI
registered office since 25-07-2024 · founded in 2024 |
total assets €420,090 (2025) 1011.931.516 |
| FiduPro
registered office since 25-10-2021 · founded in 2021 |
total assets €225,718 (2025) 0776.429.768 |
| Notaert Invest
establishment since 30-06-1998 · founded in 1982 |
total assets €213,315 (2025) 0422.802.709 |
| RINO LOGISTICS
registered office since 01-03-2024 · founded in 2024 |
total assets €208,294 (2025) 1005.928.701 |
| FLEX B.N GROUP
registered office since 22-11-2021 · founded in 2021 · accounts filed late |
total assets €181,398 (2024) 0777.581.494 |
| DELISSIF
registered office since 03-05-2023 · founded in 2023 |
total assets €174,268 (2025) 0801.383.118 |
| LUSO LOJA
registered office since 16-03-2006 · founded in 2006 |
total assets €144,413 (2025) 0880.021.315 |
| HM TOITURES
registered office since 04-04-2023 · founded in 2023 |
total assets €136,776 (2025) 0800.399.359 |
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Ninoofsesteenweg 253 registered office 1700 Dilbeek | ||
| Tentoonstellingslaan 324 1090 Jette 47811 Retail sale of cars and light vans (up to 3.5 tonnes) | 01-10-2025 | 2.380.365.251 |
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23016D0026/00S002 | Flanders | 569 m² | 1 · 324 m² | 19.1 m · 5 |
| 21010B0019/00Z016 | Brussels | 130 m² | 1 · 130 m² | 14.2 m · 4 |
If something looks wrong or is missing, please tell us.