RT-Advisors
ActiveSummary
RT-Advisors has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €12k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 21% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▲+17
Solvency37▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.1 in 2024; short-term debt: 36.6% and cash: 0.9% of total assets), and 88.2% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.8%
Return on assets
2.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 3307 sector peers (2025).
NBB · sector comparisonPosition among 3307 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
2 d early
2023
48 d early
2022
38 d early
2021
12 d late
2020
26 d late
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€61k▲ 25.3%
2024 · €49k
2018: €33klowest in 8 years
2019: €38k▲ +15.6% vs 2018
2020: €36k▼ -4.8% vs 2019
2021: €37k▲ +1.3% vs 2020
2022: €39k▲ +5.8% vs 2021
2023: €39k▲ +0.7% vs 2022
2024: €49k▲ +24.2% vs 2023
2025: €61k▲ +25.3% vs 2024highest in 8 years
2018 → 2025
Total assets
€519k▼ 11.9%
2024 · €589k
2018: €691khighest in 8 years
2019: €674k▼ -2.5% vs 2018
2020: €688k▲ +2.2% vs 2019
2021: €622k▼ -9.6% vs 2020
2022: €606k▼ -2.5% vs 2021
2023: €617k▲ +1.7% vs 2022
2024: €589k▼ -4.5% vs 2023
2025: €519k▼ -11.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€12k▲ 514%
2024 · €2k
2018: €13khighest in 8 years
2019: €5k▼ -58.8% vs 2018
2020: €-2k▼ -136% vs 2019lowest in 8 years
2021: €471▲ +126% vs 2020
2022: €2k▲ +353% vs 2021
2023: €277▼ -87.0% vs 2022
2024: €2k▲ +627% vs 2023
2025: €12k▲ +514% vs 2024
2018 → 2025
Working capital
€11k▼ 54.6%
2024 · €24k
2018: €-86klowest in 8 years
2019: €-76k▲ +12.3% vs 2018
2020: €-69k▲ +8.1% vs 2019
2021: €-41k▲ +41.6% vs 2020
2022: €-47k▼ -14.8% vs 2021
2023: €-55k▼ -18.2% vs 2022
2024: €24k▲ +143% vs 2023highest in 8 years
2025: €11k▼ -54.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€39k▲ 5.8%€39k▲ 0.7%€49k▲ 24.2%€61k▲ 25.3%
2021: €37klowest in 5 years
2022: €39k▲ +5.8% vs 2021
2023: €39k▲ +0.7% vs 2022
2024: €49k▲ +24.2% vs 2023
2025: €61k▲ +25.3% vs 2024highest in 5 years
Operating result€17k-€24k▲ 44.9%€23k▼ 3.6%€23k▼ 0.4%€33k▲ 42.1%
2021: €17klowest in 5 years
2022: €24k▲ +44.9% vs 2021
2023: €23k▼ -3.6% vs 2022
2024: €23k▼ -0.4% vs 2023
2025: €33k▲ +42.1% vs 2024highest in 5 years
Net result€471-€2k▲ 353%€277▼ 87.0%€2k▲ 627%€12k▲ 514%
2021: €471
2022: €2k▲ +353% vs 2021
2023: €277▼ -87.0% vs 2022lowest in 5 years
2024: €2k▲ +627% vs 2023
2025: €12k▲ +514% vs 2024highest in 5 years
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 recovers in 2025; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets
€318k ▼ 2.0%
Current assets
€200k ▼ 24.1%
Equity and liabilities €519k
Equity
€61k ▲ 25.3%
Debt
€458k ▼ 15.2%
Debt's share of the balance-sheet total falls from 91.7% to 88.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76k▲
2024 · €56k
Cash flow
€55k▲
2024 · €35k
Current ratio
1.06▼
2024 · 1.10
Debt to equity
7.48▼
2024 · 11.06
ROE
20.2%▲
2024 · 4.1%
ROA
2.4%▲
2024 · 0.3%
Interest coverage
4.19▲
2024 · 2.48
Debt ≤ 1 year
€190k▼
2024 · €240k
Debt > 1 year
€251k▼
2024 · €298k
Income taxes
€6k▲
2024 · €5k
Staff costs
€99k▼
2024 · €190k
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€589k€519k▼
Fixed assets21/28€325k€318k▼
Intangible fixed assets21€25k€46k▲
Tangible fixed assets22/27€295k€268k▼
Land and buildings22€281k€260k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€9k€4k▼
Financial fixed assets28€4k€4k▼
Current assets29/58€264k€200k▼
Amounts receivable within one year40/41€195k€143k▼
Trade receivables40€170k€133k▼
Other amounts receivable41€25k€9k▼
Cash at bank and in hand54/58€577€5k▲
Deferred charges and accrued income490/1€69k€53k▼
Equity and liabilities
Total equity and liabilities10/49€589k€519k▼
Equity10/15€49k€61k▲
Contributions10/11€20k€20k=
Reserves13€28k€39k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€26k€37k▲
Profit (loss) carried forward14€792€2k▲
Amounts payable17/49€540k€458k▼
Amounts payable after more than one year17€298k€251k▼
Financial debts170/4€298k€251k▼
Amounts payable within one year42/48€240k€190k▼
Current portion of amounts payable after more than one year42€63k€54k▼
Financial debts43€30k€53k▲
Credit institutions430/8€30k€53k▲
Trade debts44€103k€69k▼
Suppliers440/4€103k€69k▼
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45€44k€13k▼
Taxes450/3€13k-
Remuneration and social security454/9€32k€13k▼
Accrued charges and deferred income492/3€1k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€190k€99k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€43k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€760-
Other operating charges640/8€5k€16k▲
Gross operating margin9900€252k€191k▼
Operating profit (loss)9901€23k€33k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€23k€20k▼
Recurring financial charges65€23k€18k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€7k€19k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€2k€12k▲
Profit (loss) for the period to be appropriated9905€2k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€13k▲
Profit (loss) brought forward from the previous period14P€8k€792▼
Transfer to equity691/2€9k€11k▲
To other reserves6921€9k€11k▲
Social balance
Average headcount (FTE)90872.51.2▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €178k | €223k | €139k | €190k | €99k | ▼ 48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €46k | €43k | €30k | €33k | €43k | ▲ 30.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €49 | €3k | €2k | €760 | - | - |
| Other operating charges640/8 | €3k | €6k | €33k | €5k | €16k | ▲ 227% |
| Gross operating margin9900 | €244k | €299k | €228k | €252k | €191k | ▼ 24.2% |
| Operating profit (loss)9901 | €17k | €24k | €23k | €23k | €33k | ▲ 42.1% |
| Financial income75/76B | €8k | €5k | €6k | €6k | €6k | ▼ 3.1% |
| Recurring financial income75 | €8k | €5k | €6k | €6k | €6k | ▼ 3.1% |
| Financial charges65/66B | €20k | €23k | €26k | €23k | €20k | ▼ 10.6% |
| Recurring financial charges65 | €20k | €23k | €26k | €23k | €18k | ▼ 19.9% |
| Non-recurring financial charges66B | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €5k | €7k | €4k | €7k | €19k | ▲ 179% |
| Income taxes67/77 | €4k | €5k | €3k | €5k | €6k | ▲ 35.8% |
| Profit (loss) for the period9904 | €471 | €2k | €277 | €2k | €12k | ▲ 514% |
| Profit (loss) for the period to be appropriated9905 | €471 | €2k | €277 | €2k | €12k | ▲ 514% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €622k | €606k | €617k | €589k | €519k | ▼ 11.9% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €383k | €376k | €334k | €325k | €318k | ▼ 2.0% |
| Intangible fixed assets21 | €12k | €3k | €6k | €25k | €46k | ▲ 86.3% |
| Tangible fixed assets22/27 | €366k | €369k | €323k | €295k | €268k | ▼ 9.2% |
| Land and buildings22 | €341k | €321k | €301k | €281k | €260k | ▼ 7.2% |
| Plant, machinery and equipment23 | €3k | €8k | €9k | €6k | €3k | ▼ 45.3% |
| Furniture and vehicles24 | €22k | €40k | €13k | €9k | €4k | ▼ 50.0% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | ▼ 11.9% |
| Current assets29/58 | €239k | €231k | €283k | €264k | €200k | ▼ 24.1% |
| Amounts receivable within one year40/41 | €193k | €158k | €218k | €195k | €143k | ▼ 26.8% |
| Trade receivables40 | €184k | €114k | €177k | €170k | €133k | ▼ 21.5% |
| Other amounts receivable41 | €9k | €44k | €41k | €25k | €9k | ▼ 62.6% |
| Cash at bank and in hand54/58 | €2k | €17k | €11k | €577 | €5k | ▲ 700% |
| Deferred charges and accrued income490/1 | €44k | €55k | €54k | €69k | €53k | ▼ 22.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €622k | €606k | €617k | €589k | €519k | ▼ 11.9% |
| Equity10/15 | €37k | €39k | €39k | €49k | €61k | ▲ 25.3% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €18k | €19k | €19k | €28k | €39k | ▲ 39.3% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €16k | €17k | €17k | €26k | €37k | ▲ 42.3% |
| Profit (loss) carried forward14 | €-1k | - | €277 | €792 | €2k | ▲ 173% |
| Amounts payable17/49 | €585k | €567k | €577k | €540k | €458k | ▼ 15.2% |
| Amounts payable after more than one year17 | €285k | €277k | €227k | €298k | €251k | ▼ 15.9% |
| Financial debts170/4 | €285k | €277k | €227k | €298k | €251k | ▼ 15.9% |
| Amounts payable within one year42/48 | €279k | €277k | €338k | €240k | €190k | ▼ 21.1% |
| Current portion of amounts payable after more than one year42 | €40k | €55k | €41k | €63k | €54k | ▼ 14.5% |
| Financial debts43 | €160k | €156k | €183k | €30k | €53k | ▲ 75.0% |
| Credit institutions430/8 | €155k | €156k | €183k | €30k | €53k | ▲ 75.0% |
| Other loans439 | €5k | - | - | - | - | - |
| Trade debts44 | €67k | €66k | €111k | €103k | €69k | ▼ 32.8% |
| Suppliers440/4 | €67k | €66k | €111k | €103k | €69k | ▼ 32.8% |
| Advances received on contracts in progress46 | - | - | - | - | €1k | - |
| Taxes, remuneration and social security45 | €2k | - | - | €44k | €13k | ▼ 70.8% |
| Taxes450/3 | €2k | - | - | €13k | - | - |
| Remuneration and social security454/9 | - | - | - | €32k | €13k | ▼ 59.2% |
| Other amounts payable47/48 | €11k | - | €3k | - | - | - |
| Accrued charges and deferred income492/3 | €21k | €13k | €13k | €1k | €17k | ▲ 1,195% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €471 | €2k | €277 | €2k | €12k | ▲ 514% |
| + Depreciation and write-downs630 | €46k | €43k | €30k | €33k | €43k | ▲ 30.7% |
| Operating cash flow (approximation) | €46k | €45k | €31k | €35k | €55k | ▲ 58.7% |
| Investment in fixed assets (approximation) | - | €-35k | €11k | €-24k | €-37k | ▼ 53.8% |
| Change in cash | - | €15k | €-7k | €-10k | €4k | ▲ 141% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
State Gazette act
Incorporation · Founding capital
Bank account · Corporate purpose · Isabel CLAESSENS
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Back to profitnet €471
Net result €471 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
21-06
State Gazette act
General meeting · Director reappointment
Mandate compensation · Power of attorney
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Mortsel · 1 establishment unit since 2016
Ground area
403 m²
Building footprint
237 m²
Volume, LiDAR
2,042 m³
Parcel 11513C0298/00F003, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
RT-Advisors
since 20162.250.860.155
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0298/00F003 | Flanders | 403 m² | 1 · 237 m² | 11.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 638 EUR awarded · 638 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 60 EUR | 60 EUR |
| 2023 | 1 | 210 EUR | 210 EUR |
| 2022 | 1 | 368 EUR | 368 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,159 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
Founded04-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.