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RTcon

Active Private limited companyfounded 2008active for 18 yearsGalgenveldstraat 29, 8700 TieltKBO/BCE: BE 0895.002.766

Lifetime

17 annual accounts with figures on one time axis
peak €337,811 (2009)
€58,105▼ 31.0%
lowest -€57,184 (2010)
€523▲ €32,087
peak €35,028 (2021)
-€31,409▲ €523
€221,646▲ 20.2%
peak 2 FTE (2009)
-not published
Board3 names since 2018
1 director
Documentsfilings and deeds
20-04-202610 days before the deadline
2025micro format
Gross margin from €84,197 to €58,105Back to profit: €523Debts from €184,439 to €221,646Investments €89,623Cash from €993 to €1,357

Key points

from the 2025 annual accounts

Equity

-€31,409
202020212022202320242025

Debts exceed assets in financial year 2025.

Turnover

≈ €170,000 estimated

The micro format states no turnover.

Debts

€221,646 117% of the balance sheet
Financial debts 12%Suppliers 19%Taxes and wages 1%Other 68%

Of this, €194,292 falls due within a year.

Investments

€89,783 2.1 × depreciation
202220242025

Green is investment, beige is depreciation. Machinery stands 384.0% higher than in 2024.

Filings

17 annual accounts since 2009
deadline2010201520202025

The last five annual accounts were filed 1 to 41 days before the end of the period.

Position in the sector

-€31,409

Less equity than 95% of companies in fabricated metal products. Sector median €76,473 · 2,518 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,378 companies had the same profile as RTcon has now. Each dot stands for 4 companies, two years later.

94.3%
were still trading
3.2%
stopped another way
2.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,378 companies, not a prediction for RTcon. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0895002766
Company renamed from to RTcon Change of role: , from manager and director to director · Permanent representative: · “De vervaardiging,de installatie en de herstelling van metalen constructiewerken en toebehoren; De…” (deed in Dutch) · Gazette deed
Resignation: (director) Director discharge: · General meeting of 26-02-2022 · Gazette deed
Resignation: (manager) Permanent representative: · General meeting of 23-02-2019 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
RTcon Tielt €190,237 €58,105 -16.5% -
A J W SERVICES Bree €219,807 €62,868 85.7% -
H.R.S. Thimister-Clermont €162,480 €53,382 90.2% -
ICCOR Flémalle €224,632 €69,476 57.8% -
VAROO Pelt €149,017 €62,434 87.1% -
DL INOX Menen €182,908 €56,774 55.9% -
WL CONSTRUCTIONS Houthulst €221,424 €44,644 31.4% -

These companies have the same main activity as RTcon: machining of metals (NACE 25530). They are comparable in size and age: total assets between €149,000 and €225,000, founded between 2003 and 2007.

Official details

Source: KBO
Status
Active since 17-01-2008Normal situation
Activity
Machining of metalsNACE 25530and 3 others
Joint committee
111Metal, mechanical and electrical engineering · annual accounts 30-09-2025
Establishment unit
2.168.081.2468700 Tielt, since 28-01-2008
Financial year end
30 September
Peppol
Reachable since 10-11-2026
Company details

Annual accounts to 30-09-2025

€190,237▲ 24.7%
Filing
Filed on 20-04-2026, 10 days before the end of the filing period
Financials

Insights on RTcon

RTcon files the micro format. That format states no turnover. The gross margin fell from €337,811 in 2009 to €58,105 in 2025.

The balance sheet grew most from 2016 to 2018 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about RTcon

What is the company number of RTcon?
The company number of RTcon is 0895.002.766. The VAT number is the same number with BE in front: BE 0895.002.766.
Where is RTcon based?
The registered office is at Galgenveldstraat 29, 8700 Tielt.Company details
What does RTcon do?
According to the KBO register, the main activity is machining of metals (NACE 25530).
What is the legal form of RTcon?
RTcon is a private limited company (BV).
When was RTcon founded?
RTcon was founded on 17-01-2008.
Is RTcon still active?
Yes, RTcon is an active enterprise in the KBO register.
How many employees does RTcon have?
RTcon had an average of 1.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does RTcon fall under?
In its 30-09-2025 annual accounts, RTcon states joint committee 111 (Metal, mechanical and electrical engineering).
What is the turnover of RTcon?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €58,105 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €300,000. It is a rough estimate.
Is RTcon profitable?
In financial year 2025, RTcon made a profit of €523.
Where can I find the annual accounts of RTcon?
RTcon filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RTcon due?
RTcon must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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