RV CONSTRUCT
ActiveSummary
RV CONSTRUCT has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €115,773 and a net result of €55,582. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 54% of 2,441 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €115,773
- Profit
- €55,582
- Parent
- HIJA INVEST · 99.95%
- DE LOCHT Sacha Lydia MarcelDirector
- HIJA INVESTDirector · permanent representative VLIEGEN Raf
- VANLEE Rony Joseph ChristinaDirector
Why 86raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 1998Liquidity: current ratio 1.84, cash €32,696Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 49% on solvency, 27% on liquidity, 82% on profitability and 90% on growth.
The bankruptcy probability was computed on 29-10-2026 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
This company filed its last 7 accounts on average 41 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Equity above €100,000equity €115,773 ▲92.3%
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, full format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00477001.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is nearly 3.8 times 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 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 31,368 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €509 | €8,250 | - | €1,488 | €15,000 | ▲ 908% |
| Remuneration, social security and pensions62 | - | - | - | €229,412 | €1,714 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,950 | €18,081 | €8,388 | €11,195 | €10,973 | €11,166 | €7,346 | €194 | ▼ 97.4% |
| Other operating charges640/8 | - | - | - | €2,348 | €1,873 | €1,459 | €1,259 | €986 | ▼ 21.7% |
| Non-recurring operating charges66A | - | - | - | - | - | €1,160 | €45 | - | - |
| Gross operating margin9900 | €400,587 | €421,687 | €389,535 | €349,284 | -€169,680 | -€142,753 | €24,064 | €59,158 | ▲ 146% |
| Operating profit (loss)9901 | €42,631 | €55,381 | €103,004 | €106,329 | -€184,240 | -€156,538 | €15,413 | €57,978 | ▲ 276% |
| Financial income75/76B | - | - | - | €1,608 | €2,915 | €3,413 | €2,503 | €2,444 | ▼ 2.4% |
| Recurring financial income75 | €351 | €1,013 | €1,134 | €1,608 | €2,915 | €3,413 | €2,503 | €2,444 | ▼ 2.4% |
| Financial charges65/66B | - | - | - | €1,884 | €1,172 | €3,910 | €5,547 | €4,829 | ▼ 13.0% |
| Recurring financial charges65 | €1,234 | €1,219 | €1,022 | €1,884 | €1,172 | €3,910 | €5,547 | €4,829 | ▼ 13.0% |
| Profit (loss) for the period before taxes9903 | €41,748 | €55,175 | €103,116 | €106,053 | -€182,496 | -€157,035 | €12,368 | €55,593 | ▲ 349% |
| Income taxes67/77 | €14,984 | €26,274 | €26,938 | €29,722 | €469 | €455 | €423 | €11 | ▼ 97.4% |
| Profit (loss) for the period9904 | €26,765 | €28,900 | €76,178 | €76,331 | -€182,965 | -€157,490 | €11,945 | €55,582 | ▲ 365% |
| Profit (loss) for the period to be appropriated9905 | €26,765 | €28,900 | €76,178 | €76,331 | -€182,965 | -€157,490 | €11,945 | €55,582 | ▲ 365% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €296,650 | €369,516 | €603,663 | €725,562 | €550,263 | €291,494 | €229,960 | €253,436 | ▲ 10.2% |
| Fixed assets21/28 | €21,925 | €7,323 | €39,939 | €28,744 | €18,766 | €7,600 | €209 | €15 | ▼ 92.8% |
| Tangible fixed assets22/27 | €21,835 | €7,233 | €39,849 | €28,654 | €18,706 | €7,540 | €194 | - | - |
| Plant, machinery and equipment23 | - | - | - | €1,147 | €574 | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €27,507 | €18,133 | €7,540 | €194 | - | - |
| Financial fixed assets28 | €90 | €90 | €90 | €90 | €60 | €60 | €15 | €15 | = |
| Current assets29/58 | €274,726 | €362,193 | €563,724 | €696,818 | €531,496 | €283,894 | €229,752 | €253,421 | ▲ 10.3% |
| Amounts receivable within one year40/41 | €81,183 | €152,606 | €464,928 | €365,304 | €315,921 | €218,954 | €219,511 | €219,717 | ▲ 0.1% |
| Trade receivables40 | - | - | - | €300,123 | €236,263 | €131,137 | €135,902 | €136,017 | ▲ 0.1% |
| Other amounts receivable41 | - | - | - | €65,180 | €79,658 | €87,817 | €83,609 | €83,699 | ▲ 0.1% |
| Cash at bank and in hand54/58 | €188,003 | €206,260 | €94,879 | €328,182 | €214,461 | €64,259 | €10,160 | €32,696 | ▲ 222% |
| Deferred charges and accrued income490/1 | - | - | - | €3,333 | €1,114 | €681 | €81 | €1,008 | ▲ 12× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €296,650 | €369,516 | €603,663 | €725,562 | €550,263 | €291,494 | €229,960 | €253,436 | ▲ 10.2% |
| Equity10/15 | €207,292 | €236,193 | €312,370 | €388,702 | €205,736 | €48,247 | €60,192 | €115,773 | ▲ 92.3% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €145,319 | €174,219 | €250,397 | €326,728 | €143,763 | €143,763 | €143,763 | €143,763 | = |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Distributable reserves133 | - | - | - | €320,531 | €137,566 | €137,566 | €137,566 | €137,566 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€157,490 | -€145,545 | -€89,963 | ▲ 38.2% |
| Amounts payable17/49 | €89,358 | €133,324 | €291,292 | €336,861 | €344,526 | €243,247 | €169,769 | €137,662 | ▼ 18.9% |
| Amounts payable after more than one year17 | €13,152 | €3,206 | €25,729 | €16,485 | €7,113 | - | - | - | - |
| Financial debts170/4 | - | - | - | €16,485 | €7,113 | - | - | - | - |
| Amounts payable within one year42/48 | €76,206 | €130,117 | €265,564 | €320,376 | €337,413 | €243,247 | €169,769 | €137,662 | ▼ 18.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €9,244 | €9,371 | €7,113 | - | - | - |
| Trade debts44 | €40,865 | €81,992 | €187,755 | €254,884 | €294,374 | €37,870 | €4,372 | €6,104 | ▲ 39.6% |
| Suppliers440/4 | - | - | - | €254,884 | €294,374 | €37,870 | €4,372 | €6,104 | ▲ 39.6% |
| Taxes, remuneration and social security45 | - | - | - | €31,660 | €5,206 | €924 | €879 | €1,731 | ▲ 97.0% |
| Taxes450/3 | - | - | - | €31,660 | €5,206 | €924 | €879 | €1,731 | ▲ 97.0% |
| Other amounts payable47/48 | - | - | - | €24,588 | €28,461 | €197,340 | €164,518 | €129,828 | ▼ 21.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,765 | €28,900 | €76,178 | €76,331 | -€182,965 | -€157,490 | €11,945 | €55,582 | ▲ 365% |
| + Depreciation and write-downs630 | €20,950 | €18,081 | €8,388 | €11,195 | €10,973 | €11,166 | €7,346 | €194 | ▼ 97.4% |
| Operating cash flow (approximation) | €47,714 | €46,981 | €84,566 | €87,526 | -€171,993 | -€146,324 | €19,291 | €55,776 | ▲ 189% |
| Investment in fixed assets (approximation) | - | -€3,479 | -€41,004 | €0 | -€995 | €0 | €45 | €0 | ▼ 100% |
| Change in cash | - | €18,256 | -€111,381 | €233,303 | -€113,721 | -€150,202 | -€54,099 | €22,536 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 31-08-2026 | 2026-00477001 |
| 31-12-2024 | abbreviated format | 30-07-2025 | 2025-00328559 |
| 31-12-2023 | abbreviated format | 30-09-2024 | 2024-00479006 |
| 31-12-2022 | abbreviated format | 31-07-2023 | 2023-00292423 |
| 31-12-2021 | abbreviated format | 28-09-2022 | 2022-20439489 |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-69300204 |
| 31-12-2019 | abbreviated format | 12-10-2020 | 2020-60900446 |
| 31-12-2018 | abbreviated format | 23-08-2019 | 2019-51900359 |
| 31-12-2017 | abbreviated format | 24-07-2018 | 2018-36400001 |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-23700285 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DE LOCHT Sacha Lydia Marcel |
|
| HIJA INVEST |
|
| VANLEE Rony Joseph Christina |
|
Owners and capital
Owners
1 ownerChain of control
- HIJA INVEST
- RV CONSTRUCT
Highest known parent: HIJA INVEST. The sources do not say who stands above it.
Owners 1
- HIJA INVESTparent99.95%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 14-02-2024 Capital stated in the deed · €61,973.38 · 2,000 shares
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
14-02
Gazette deed
Reappointments: HIJA INVEST (director) and VANLEE Rony Joseph Christina (director)Permanent representative: VLIEGEN Raf · Appointment: DE LOCHT Sacha Lydia Marcel (director) · Amendment of the articles11 facts ▸
- General meeting, “buitengewone algemene vergadering van aandeelhouders” (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm en bestuursorgaan, artikel 39,§1,eerste en derde lid van de wet van 23-03-2019 tot invoering van het Wetboe…” (deed in Dutch)
- Amendment of the articles
- Capital, €61,973.38
- Director reappointment, HIJA INVEST (director (not named in the articles))
- Permanent representative, VLIEGEN Raf
- Director reappointment, VANLEE Rony Joseph Christina (director (not named in the articles))
- Other provision, “beroepsverbod” (deed in Dutch) (2 times)
- Director appointment, DE LOCHT Sacha Lydia Marcel (director (not named in the articles))
- Power of attorney
- Registered office clause, “Vlaamse Gewest, 3511 Hasselt,Mevrouwhofstraat 1B” (deed in Dutch)
Show earlier events
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 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 0463.166.981
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71483E0206/00S004 | Flanders | 932 m² | 1 · 202 m² | 10.3 m · 1 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “1. Het uitoefenen van alle activiteiten in de sector van hernieuwbare,duurzame en innovatieve energiebronnen,energiedragers,brandstoffen,en…” (deed in Dutch)
12 activities (deed in Dutch)
- 1. Het uitoefenen van alle activiteiten in de sector van hernieuwbare,duurzame en innovatieve energiebronnen,energiedragers,brandstoffen,en afgeleide producten,waaronder maar niet beperkt tot alle toepassingen van energie-opwekking,energietransport,energie-besparing,en energie-management in gebouwen en de industrie. Dit omvat onder andere de studie,het onderzoek en de ontwikkeling,de projectontwikkeling,de financiering,het transport,de installatie,de bouw,de productie,het onderhoud,de renovatie en herstelling,de uitbating,de aankoop en verkoop,en de promotie van deze energiebronnen,brandstoffen,installaties,en afgeleide producten en activiteiten.
- 2. Het engineeren,installeren,lassen,onderhouden,kopen en verkopen,van alle installaties voor verwarming,ventilatie,airconditioning,koeling,water,en alle andere energiedragers en bronnen,waaronder maar niet beperkt tot alle piping-werken,laswerken en metaalconstructiewerken.
- 3. Het facility management,waaronder maar niet beperkt tot het beheer,het onderhoud,de reiniging,de bewaking,het exploiteren van gebouwen en alle inrichtingen in en rondom de gebouwen en gronden.
- 4. Het outsourcen en de onderaanneming van activiteiten voor klanten in het beheer,het onderhoud,en het exploiteren van gebouwen en industriële activiteiten,waaronder maar niet beperkt tot alle fysico-chemische processen.
- 5. Loodgieterswerk en de installatie van verwarming,klimaatregeling en ventilatie; installatie van sanitaire apparaten,gasleidingen en aansluitingen,waterleidingen,brandblusinstallaties,etc.. Onderneming voor de installatie van verwarmingsinstallaties.
- 6. Het aanleggen,het uitbouwen,en beheren van roerend en onroerend vermogen; alle studies,coördinatie en operaties met betrekking tot alle onroerende goederen en rechten; daaruit vloeien voort onder andere de aankoop,de bouw,de verbouwing,de aanpassing,de huur en onderhuur,de rechtstreekse exploitatie of in regie,de ruiling,de verkoop,de verkaveling,de ontwikkeling,en in het algemeen alle operaties die rechtstreeks te maken hebben met het beheer of het productief maken van alle bebouwde of onbebouwde onroerende eigendommen,voor zichzelf of voor derden.
- 7. De aankoop,verkoop en ruiling,het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,effecten,obligaties,fondsen,en alle roerende goederen en rechten.
- 8. Het verwerven en aanhouden van participaties in eender welke vorm,in alle bestaande of op te richten ondernemingen of vennootschappen.
- 9. Het managen,besturen,beheren en stimuleren,de planning,de coördinatie en ontwikkeling van vennootschappen en ondernemingen; het deelnemen aan hun operationele werking,beheer,bestuur en toezicht,alsmede het verlenen van technische,commerciële,logistieke,administratieve en financiële bijstand aan ondernemingen en vennootschappen.
- 10. Alle verbintenissen van aval,borgtocht of eender welke garantie.
- 11. Het management en bestuur van en voor handelspersonen,bedrijven en verenigingen,waaronder de studie,het advies,het beheer,de controle,het organiseren,het leiden en verbeteren van bedrijfsprocessen,de dagelijkse leiding van activiteiten van derden,en alle noodzakelijke activiteiten in het kader van het management en bestuur.
- 12. Alle verrichtingen van agentuur,mandaat,of commissie in verband met de hoger omschreven operaties.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RV CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit raad…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 40: Vertegenwoordigingsbevoegdheid vereffenaar Elke vereffenaar vertegenwoordigt de vennootschap jegens derden, met inbegrip van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Hoogstens zes jaar, 3” (deed in Dutch)“Bestuurder, behoudens andersluidende beslissing van algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen van de vennootschap gaan vrij over onder levenden of bij overlijden van de aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 May at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)“Alle verrichtingen vermeld in wet, bevoegdheden vereffenaars” (deed in Dutch)