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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).

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121Activities of building architects NACE 71111
1 site
Size
€614,356total assets 2025
Staff
1.3 FTE
Equity
€30,428
Profit
€14,428
Turnover not published (micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 8 days early
Why 85raises riskFounded in 2025lowers riskSize: total assets €614,356Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed 23-07-2026)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 23% of its sector peers (NACE 71, micro)
Financial strength
Average
Solvency 30
equity 5.0% of total assets
Liquidity 48
short-term debt 17.7% · cash 2.3%
Profitability 69
return on assets 2.3%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,799 companies, NACE 71, micro)
Last 24 months 04-2026: 0.5% 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.94, below 1; short-term debt: 17.7% and cash: 2.3% of total assets), and 95% of the assets are financed with debt and provisions.
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 71, micro): better than 12% on solvency, 27% on liquidity and 31% on profitability.

The bankruptcy probability was computed on 15-10-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €614,356
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 23-07-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 11632 sector peers (2025).
NBB · sector comparison
Position among 11632 sector peers
Solvency
better than 12%
← 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 23-07-2026, 8 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
8 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. IncorporationAppointments: BV RTB Verschaeve (director)…

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.

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

RTBplus was incorporated on 26 March 2025 as a private limited company.1 The company has filed annual accounts once, for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

2026
23-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
28-03
Gazette deed Incorporation
Appointments: BV RTB Verschaeve (director) and BV LBV Projects (director) · Permanent representatives: Daan Verschaeve and Colin Vandewyngaerde · Founder13 facts ▸
  • Incorporation, “RTBplus” (deed in Dutch)
  • Founder, VERSCHAEVE Daan Roland Gaston Henri
  • Founder, VANDEWYNGAERDE Colin Germain Johny
  • Founding capital, €16,000
  • Other provision, “plaatsing aanvangsvermogen, volledig en onvoorwaardelijk geplaatst” (deed in Dutch)
  • Capital
  • Registered office clause, “8530 Harelbeke,Stedestraat 51” (deed in Dutch)
  • Pre-incorporation commitments, “takeover, alle verbintenissen verplichtingen en activiteiten ondernomen sinds 2025-01-01 door comparant in naam en voor rekening vennootschap in oprichting” (deed in Dutch)
  • General meeting, “Bijzondere Algemene Vergadering, verschijners samen aandeelhouders totaliteit” (deed in Dutch)
  • Director appointment, BV RTB Verschaeve (director (not named in the articles))
  • Director appointment, BV LBV Projects (director (not named in the articles))
  • Permanent representative, Daan Verschaeve
  • +1 further fact in this act
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded26-03-2025
Financial year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
71121Engineering and related technical consultancy, excluding land surveyors
43990Other specialised construction activities
71113Urban planning and landscape architecture
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021473445
Also 9925:BE1021473445
Registered 31-03-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 16 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1021.473.445

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2025
registered office establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
1,745 m²
Building volume
8,822 m³
Parcel 34323D0008/00X002, Flanders · tallest building 10.3 m. Linked by address, not a title deed.
54 companies at this address See who is registered here
1 establishment unit
RTBplus
Stedestraat 51, 8530 HarelbekeActivities of building architects
since 2025unit no. 2.372.168.553
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34323D0008/00X002 Flanders 1.7 ha 1 · 1,745 m² 10.3 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
RTBplus
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan mag exploitatiezetels,administratieve zetels,filialen,agentschappen en depots oprichten in België of…” (deed in Dutch)

deed of 28-03-2025

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Een of meer, algemene vergadering” (deed in Dutch)
“Vergoeding van bestuurders, algemene kosten” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 28-03-2025

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Alle effecten niet door of krachtens wet verboden” (deed in Dutch)

deed of 28-03-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Wednesday of June at 18:00

deed of 28-03-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Zoals inzake statutenwijziging, algemene vergadering” (deed in Dutch)
“Op elk moment, algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Onmiddellijke sluiting vereffening, artikel 2:80 WVV” (deed in Dutch)
“Benoeming vereffenaars, benoemen of ontslaan een of meer vereffenaars te allen tijde” (deed in Dutch)

deed of 28-03-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Stortingsplicht, bestuursorgaan” (deed in Dutch)
Other provision: “Beschikbare eigenvermogensrekening, andersluidende wettelijke bepaling of beslissing algemene vergadering” (deed in Dutch)
Other provision: “Ondeelbaarheid” (deed in Dutch)
Other provision: “Vruchtgebruik-blote eigendom, statuten, testament of overeenkomst anders bepalen” (deed in Dutch)
Other provision: “Handelingen wet voorbehoudt aan algemene vergadering, intern bestuur” (deed in Dutch)
Other provision: “Dagelijks bestuur, een of meer leden” (deed in Dutch)
Other provision: “Controle, kan zich laten vertegenwoordigen of bijstaan door accountant” (deed in Dutch)
Other provision: “Binnen wettelijk bepaalde grenzen, winstverdeling-interimdividenden” (deed in Dutch)
Liquidation distribution: “Naar evenredigheid zonder onderscheid opeisbaar niet-opeisbaar onder aftrek disconto, plan verdeling activa ter goedkeuring aan bevoegde…” (deed in Dutch)
Other provision: “Dagvaardingen betekeningen kennisgevingen betreffende zaak vennootschap, keuze woonplaats” (deed in Dutch)
Other provision: “Verkrijging rechtspersoonlijkheid, neerlegging uitgifte oprichtingsakte op griffie bevoegde ondernemingsrechtbank” (deed in Dutch)
Other provision: “Uiteindelijke begunstigde, naam geboortedatum nationaliteit adres aard en omvang economisch belang” (deed in Dutch)
1 more provision in the deed, see the deed of 28-03-2025

deed of 28-03-2025