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RTBplus

Active
Private limited companyfounded 2025active for 1 yearStedestraat 51, 8530 Harelbeke, Belgium54 active companies are registered at this addressKBO/BCE: BE 1021.473.445
Summary

RTBplus has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,428 and a net result of €14,428. Its solvency ranks better than 12% of 11,632 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€30,428
Total assets
€614,356
Net result
€14,428
Working capital
-€6,908

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €614,356
Fixed assets €512,398
Current assets €101,958
Equity and liabilities €614,356
Equity €30,428
Debt €583,928
Debt finances 95.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€77,023
Cash flow
€57,478
Current ratio
0.94
Debt to equity
19.19
ROE
47.4%
ROA
2.3%
Interest coverage
5.71
Debt ≤ 1 year
€108,865
Debt > 1 year
€459,236
Income taxes
€6,062
Staff costs
€63,441

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96.9% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
96.9% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 514 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€614,356
Fixed assets21/28€512,398
Intangible fixed assets21€501,708
Tangible fixed assets22/27€5,971
Plant, machinery and equipment23€5,971
Financial fixed assets28€4,719
Current assets29/58€101,958
Amounts receivable within one year40/41€80,680
Trade receivables40€80,680
Cash at bank and in hand54/58€13,946
Deferred charges and accrued income490/1€7,332
Equity and liabilities
Total equity and liabilities10/49€614,356
Equity10/15€30,428
Contributions10/11€16,000
Reserves13€14,428
Distributable reserves133€14,428
Amounts payable17/49€583,928
Amounts payable after more than one year17€459,236
Financial debts170/4€459,236
Amounts payable within one year42/48€108,865
Current portion of amounts payable after more than one year42€41,721
Trade debts44€42,276
Suppliers440/4€42,276
Taxes, remuneration and social security45€13,784
Taxes450/3€7,208
Remuneration and social security454/9€6,577
Other amounts payable47/48€11,084
Accrued charges and deferred income492/3€15,826
Income statement Code2025
Remuneration, social security and pensions62€63,441
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,050
Other operating charges640/8€407
Gross operating margin9900€140,871
Operating profit (loss)9901€33,973
Financial charges65/66B€13,483
Recurring financial charges65€13,483
Profit (loss) for the period before taxes9903€20,490
Income taxes67/77€6,062
Profit (loss) for the period9904€14,428
Profit (loss) for the period to be appropriated9905€14,428
Appropriation of the result
Profit (loss) to be appropriated9906€14,428
Transfer to equity691/2€14,428
To other reserves6921€14,428

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€63,441
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,050
Other operating charges640/8€407
Gross operating margin9900€140,871
Operating profit (loss)9901€33,973
Financial charges65/66B€13,483
Recurring financial charges65€13,483
Profit (loss) for the period before taxes9903€20,490
Income taxes67/77€6,062
Profit (loss) for the period9904€14,428
Profit (loss) for the period to be appropriated9905€14,428
Line2025
Assets
Total assets20/58€614,356
Fixed assets21/28€512,398
Intangible fixed assets21€501,708
Tangible fixed assets22/27€5,971
Plant, machinery and equipment23€5,971
Financial fixed assets28€4,719
Current assets29/58€101,958
Amounts receivable within one year40/41€80,680
Trade receivables40€80,680
Cash at bank and in hand54/58€13,946
Deferred charges and accrued income490/1€7,332
Equity and liabilities
Total equity and liabilities10/49€614,356
Equity10/15€30,428
Contributions10/11€16,000
Reserves13€14,428
Distributable reserves133€14,428
Amounts payable17/49€583,928
Amounts payable after more than one year17€459,236
Financial debts170/4€459,236
Amounts payable within one year42/48€108,865
Current portion of amounts payable after more than one year42€41,721
Trade debts44€42,276
Suppliers440/4€42,276
Taxes, remuneration and social security45€13,784
Taxes450/3€7,208
Remuneration and social security454/9€6,577
Other amounts payable47/48€11,084
Accrued charges and deferred income492/3€15,826
Line2025
Profit (loss) for the period9904€14,428
+ Depreciation and write-downs630€43,050
Operating cash flow (approximation)€57,478

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 23-07-2026 2026-00323546

Similar companies · same sector, comparable size

Of the 11,509 active companies whose main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121), figures are known for 6,710. 4,588 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €569 awarded · €554 paid
Schemes
1 entry · €569 · €554 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.