RSTJ PROFESSIONAL
InactiveRSTJ PROFESSIONAL was declared bankrupt on 06-11-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 28-06-2024, published in the Belgian State Gazette on 16-07-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline24-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-10-2022, 92 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
92 d late
2020
475 d late
2019
132 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Turnover
€2.52M▲ 3.2%
2020 · €2.44M
2020: €2.44M
2020 → 2021
EBIT margin
0.0%▼ 3.9pp
2020 · 3.9%
2020: 3.9%
2020 → 2021
Net result
€-7k
2020 · €67k
2018: €49k
2019: €35k
2020: €67k
2018 → 2021
Working capital
€261k▼ 1.6%
2020 · €266k
2018: €171k
2019: €201k
2020: €266k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Turnover€2.44M€2.52M▲ 3.2%
Equity€180k-€215k▲ 19.4%€282k▲ 31.3%€276k▼ 2.3%
Operating result€49k-€45k▼ 8.4%€95k▲ 112%€-846
Net result€49k-€35k▼ 28.2%€67k▲ 92.5%€-7k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €846 after €95k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €633k
Fixed assets
€14k ▼ 13.8%
Current assets
€619k ▲ 57.0%
Equity and liabilities €633k
Equity
€276k ▼ 2.3%
Debt
€357k ▲ 178%
Debt's share of the balance-sheet total rises from 31.3% to 56.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▼
2020 · €105k
Cash flow
€9k▼
2020 · €78k
Current ratio
1.73▼
2020 · 3.07
Debt to equity
1.30▲
2020 · 0.46
ROE
-2.4%▼
2020 · 23.8%
ROA
-1.0%▼
2020 · 16.4%
Interest coverage
340.50▼
2020 · 1056.11
Debt ≤ 1 year
€357k▲
2020 · €128k
Income taxes
€6k▼
2020 · €27k
Staff costs
€37k▼
2020 · €54k
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 · 2021 against 2020 · 41 lines
Balance sheet
Code20202021
Assets
Total assets20/58€411k€633k▲
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€16k€14k▼
Plant, machinery and equipment23€6k€2k▼
Furniture and vehicles24€10k€11k▲
Financial fixed assets28€560€560=
Current assets29/58€394k€619k▲
Amounts receivable within one year40/41€345k€555k▲
Trade receivables40€121k€209k▲
Other amounts receivable41€224k€346k▲
Cash at bank and in hand54/58€49k€64k▲
Equity and liabilities
Total equity and liabilities10/49€411k€633k▲
Equity10/15€282k€276k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€262k€255k▼
Amounts payable17/49€128k€357k▲
Amounts payable within one year42/48€128k€357k▲
Trade debts44€77k€241k▲
Suppliers440/4€77k€241k▲
Advances received on contracts in progress46-€58k
Taxes, remuneration and social security45€51k€59k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€48k€53k▲
Income statement
Code20202021
Turnover70€2.44M€2.52M▲
Goods, raw materials, services and sundry goods60/61€2.26M€2.46M▲
Remuneration, social security and pensions62€54k€37k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€15k▲
Other operating charges640/8€16k€4k▼
Gross operating margin9900€176k€56k▼
Operating profit (loss)9901€95k€-846▼
Financial charges65/66B€99€43▼
Recurring financial charges65€99€43▼
Profit (loss) for the period before taxes9903€95k€-888▼
Income taxes67/77€27k€6k▼
Profit (loss) for the period9904€67k€-7k▼
Profit (loss) for the period to be appropriated9905€67k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€262k€255k▼
Profit (loss) brought forward from the previous period14P€194k€262k▲
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
2024
16-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · RSTJ PROFES- SIONAL SRL BOULEVARD DE L’EMPEREUR 10, 1000 BRUXELLES. déclarée le 6 novembre 2023 · event 28-06-2024
2023
13-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · RSTJ PROFESSIONAL SRL BOULEVARD DE L’EMPEREUR 10, 1000 BRUXELLES · event 06-11-2023
2022
18-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 475 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet €-7k ▼110%
Net result drops to €-7k, the lowest in the series.
2020
31-12
Financial
Highest result since 2018net €67k ▲92.5%
Operating result €95k, net result €67k, both a record.
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 132 days late
2019
31-12
Financial
Liquidity times 11current ratio 12.90
Current ratio from 1.16 to 12.90; short-term debt falls from €1.06M to €17k.
31-12
Financial
Equity above €200kEq €215k ▲19.4%
2 profitable years in a row build equity to €215k.
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 64 days late
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 267 days late
Show earlier events
2016
01-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 32 days late
2015
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 60 days late
2014
07-10
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 68 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
06-11-2023 → 28-06-2024 |