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RVD

Active
Private limited companyfounded 20224 yrs activeGrevenbroekstraat 45, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0787.443.921
Summary

The computed 12-month bankruptcy probability of RVD is 2.0% (moderate). The 2024 annual accounts show negative equity (-€50,346) and a net result of -€23,718. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58
Track record94
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.3 in 2023; short-term debt: 401.1% and cash: 26.3% of total assets), and equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-301.1%
Return on assets
-141.8%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 24-06-2026, 37 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
37 d early
2024
59 d early
2023
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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. Usually files around 24 June (3 of the last 3 filed years within 66 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RVD was incorporated on 20 June 2022 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
-€50,346▼ 89.1%
2023 · -€26,628
Total assets
€16,722▲ 13.7%
2023 · €14,711
Net result
-€23,718▲ 25.0%
2023 · -€31,628
Working capital
-€52,168▼ 81.0%
2023 · -€28,826
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result-€31,608--€23,186▲ 26.6%
Net result-€31,628below the sector's middle half--€23,718below the sector's middle half▲ 25.0%
Equity-€26,628below the sector's middle half--€50,346below the sector's middle half▼ 89.1%
Total assets€14,711below the sector's middle half-€16,722below the sector's middle half▲ 13.7%
Debt€41,339-€67,068▲ 62.2%
Working capital-€28,826within the sector's middle half--€52,168within the sector's middle half▼ 81.0%
Solvency-181.0%below the sector's middle half--301.1%below the sector's middle half▼ 120.1pp
Current ratio0.30below the sector's middle half-0.22below the sector's middle half▼ 0.08
Return on assets (ROA)-215.0%below the sector's middle half--141.8%below the sector's middle half▲ 73.2pp
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2023: -€31,608-€31,608Net result 2023: -€31,628-€31,628Operating result 2024: -€23,186-€23,186Net result 2024: -€23,718-€23,71820232024-€40,000-€30,000-€20,000-€10,000€0Operating result 2023: -€31,608-€31,600Net result 2023: -€31,628-€31,600Operating result 2024: -€23,186-€23,200Net result 2024: -€23,718-€23,70020232024
The operating result stays negative: a loss of €23,186 in 2024 against €31,608 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16,722
Fixed assets €1,822 ▼ 17.1%
Current assets €14,900 ▲ 19.1%
Equity and liabilities
Equity-€50,346
Debt€67,068
Equity is negative: debt (€67,068) exceeds the balance-sheet total (€16,722).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€22,361▲
2023 · -€31,175
Cash flow
-€22,894▲
2023 · -€31,195
Interest coverage
-75.32▲
2023 · -150.73
Debt ≤ 1 year
€67,068▲
2023 · €41,339
Income taxes
€236▲
2023 · €234
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,341 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% 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 7,638 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 · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€14,711€16,722▲
Fixed assets21/28€2,198€1,822▼
Tangible fixed assets22/27€2,198€1,822▼
Plant, machinery and equipment23€911€569▼
Furniture and vehicles24€1,287€1,253▼
Current assets29/58€12,512€14,900▲
Amounts receivable within one year40/41€5,695€7,849▲
Trade receivables40€2,663€4,458▲
Other amounts receivable41€3,032€3,391▲
Cash at bank and in hand54/58€2,759€4,400▲
Deferred charges and accrued income490/1€4,058€2,651▼
Equity and liabilities
Total equity and liabilities10/49€14,711€16,722▲
Equity10/15-€26,628-€50,346▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€31,628-€55,346▼
Amounts payable17/49€41,339€67,068▲
Amounts payable within one year42/48€41,339€67,068▲
Trade debts44€6,060€9,306▲
Suppliers440/4€6,060€9,306▲
Taxes, remuneration and social security45€1,327€1,900▲
Taxes450/3€1,327€1,900▲
Other amounts payable47/48€33,952€55,862▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€433€824▲
Other operating charges640/8€1,620€1,647▲
Non-recurring operating charges66A-€152
Gross operating margin9900-€29,555-€20,563▲
Operating profit (loss)9901-€31,608-€23,186▲
Financial income75/76B€421€1▼
Recurring financial income75€421€1▼
Financial charges65/66B€207€297▲
Recurring financial charges65€207€297▲
Profit (loss) for the period before taxes9903-€31,394-€23,482▲
Income taxes67/77€234€236▲
Profit (loss) for the period9904-€31,628-€23,718▲
Profit (loss) for the period to be appropriated9905-€31,628-€23,718▲
Appropriation of the result
Profit (loss) to be appropriated9906-€31,628-€55,346▼
Profit (loss) brought forward from the previous period14P--€31,628

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€433€824▲ 90.3%
Other operating charges640/8€1,620€1,647▲ 1.6%
Non-recurring operating charges66A-€152-
Gross operating margin9900-€29,555-€20,563▲ 30.4%
Operating profit (loss)9901-€31,608-€23,186▲ 26.6%
Financial income75/76B€421€1▼ 99.8%
Recurring financial income75€421€1▼ 99.8%
Financial charges65/66B€207€297▲ 43.5%
Recurring financial charges65€207€297▲ 43.5%
Profit (loss) for the period before taxes9903-€31,394-€23,482▲ 25.2%
Income taxes67/77€234€236▲ 1.0%
Profit (loss) for the period9904-€31,628-€23,718▲ 25.0%
Profit (loss) for the period to be appropriated9905-€31,628-€23,718▲ 25.0%
Line20232024Change
Assets
Total assets20/58€14,711€16,722▲ 13.7%
Fixed assets21/28€2,198€1,822▼ 17.1%
Tangible fixed assets22/27€2,198€1,822▼ 17.1%
Plant, machinery and equipment23€911€569▼ 37.6%
Furniture and vehicles24€1,287€1,253▼ 2.6%
Current assets29/58€12,512€14,900▲ 19.1%
Amounts receivable within one year40/41€5,695€7,849▲ 37.8%
Trade receivables40€2,663€4,458▲ 67.4%
Other amounts receivable41€3,032€3,391▲ 11.9%
Cash at bank and in hand54/58€2,759€4,400▲ 59.5%
Deferred charges and accrued income490/1€4,058€2,651▼ 34.7%
Equity and liabilities
Total equity and liabilities10/49€14,711€16,722▲ 13.7%
Equity10/15-€26,628-€50,346▼ 89.1%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€31,628-€55,346▼ 75.0%
Amounts payable17/49€41,339€67,068▲ 62.2%
Amounts payable within one year42/48€41,339€67,068▲ 62.2%
Trade debts44€6,060€9,306▲ 53.6%
Suppliers440/4€6,060€9,306▲ 53.6%
Taxes, remuneration and social security45€1,327€1,900▲ 43.1%
Taxes450/3€1,327€1,900▲ 43.1%
Other amounts payable47/48€33,952€55,862▲ 64.5%
Line20232024Change
Profit (loss) for the period9904-€31,628-€23,718▲ 25.0%
+ Depreciation and write-downs630€433€824▲ 90.3%
Operating cash flow (approximation)-€31,195-€22,894▲ 26.6%
Investment in fixed assets (approximation)--€448-
Change in cash-€1,641-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Hamont-Achel · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3,862 m²
Building footprint
287 m²
Volume, LiDAR
1,514 m³
Parcel 72001A0545/00C000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
RVD
Grevenbroekstraat 45, 3930 Hamont-AchelSpecialised construction activities
since 20222.332.293.734
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72001A0545/00C000 Flanders 3,862 m² 1 · 287 m² 9.2 m · 2 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 7,321 companies in this sector we hold annual accounts for 5,390. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded20-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
52210Service activities incidental to land transportation
66300Activities auxiliary to financial services and insurance activities
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787443921
Also 9925:BE0787443921
Registered 31-03-2025

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

Register as of 30 September 2026 · Peppol Directory

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