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RSVD

Active
Private limited companyfounded 2023active for 3 yearsSmissestraat 61, 8650 Houthulst, BelgiumKBO/BCE: BE 0802.218.803
Summary

RSVD has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,022 and a net result of €43,433. Its solvency ranks better than 74% of 118 sector peers (NACE 29, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Manufacture of motor vehicles, trailers and semi-trailers
NACE 29201
1 site
Size
€189,753total assets 2025
Equity
€123,022
Profit
€43,433
Turnover not published (micro format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Accounts 9 days early0 of 1 deed read
Why 68raises riskFounded in 2023Size: total assets €189,753Liquidity: current ratio 3.97, cash €4,869lowers riskSector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 73% of its sector peers (NACE 29, micro)
Financial strength · tick = 2024
Strong
Solvency 90+11
equity 64.8% of total assets
Liquidity 48+2
short-term debt 18.4% · cash 2.6%
Profitability 97-3
return on assets 22.9%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (226 companies, NACE 29, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024lowest value 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 1.0%▲ +0.1 percentage points vs 09-2025 11-2025: 0.9%▼ -0.1 percentage points vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.1 percentage points vs 07-2026 09-2026: 1.0%● unchanged vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026highest value
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.97, compared with 2.78 in 2024; short-term debt: 18.4% and cash: 2.6% of total assets), and 35.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 29, micro): better than 71% on solvency, 44% on liquidity, 89% on profitability and 89% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Sector: Manufacture of motor vehicles, trailers and semi-trailers (NACE 29)
KBO
raises risk · Size: total assets €189,753
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 3.97, cash €4,869
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-10-2025, 9 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
9 days early
2024
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 13 days before the deadline; the sector median (NACE 29) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end09-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Equity above €100,000equity €123,022 ▲54.6%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Among the best 16% on net resultsector median €4,399 · 118 companies €43,433 View
  • Total assets 20252 financial years filed €189,753 View
  • Active since 2023founded 30-05-2023 3 years View

By topic

Financials

Financial year
2025
Total assets
€189,753
Profit
€43,433
Solvency
64.8%
Total assets▲ 28.5%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of motor vehicles, trailers and semi-trailersNACE 29201
Founded
30-05-2023
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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