RvR Technicals
ActiveRvR Technicals has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-40k) and a net result of €-8k. Equity is shrinking by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
38
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▲+32
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.96 in 2023; short-term debt: 21.7% and cash: 2.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 2024Solvency, return and age of the figures
Solvency
-48.8%
Return on assets
-10.1%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-40k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
11 d late
2023
12 d early
2022
24 d late
2021
31 d late
2020
396 d late
2019
88 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-40k▼ 26.1%
2023 · €-32k
2018: €-18k
2019: €-26k
2020: €-24k
2021: €-17k
2022: €736
2023: €-32k
2018 → 2024
Total assets
€82k▼ 34.9%
2023 · €126k
2018: €174k
2019: €159k
2020: €153k
2021: €164k
2022: €164k
2023: €126k
2018 → 2024
Net result
€-8k▲ 74.5%
2023 · €-33k
2018: €-9k
2019: €-7k
2020: €1k
2021: €7k
2022: €18k
2023: €-33k
2018 → 2024
Working capital
€-4k▼ 208%
2023 · €-1k
2018: €-6k
2019: €-5k
2020: €213
2021: €3k
2022: €27k
2023: €-1k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-24k-€-17k▲ 30.6%€736€-32k€-40k▼ 26.1%
Operating result€6k-€12k▲ 107%€27k▲ 136%€-26k€-2k▲ 90.5%
Net result€1k-€7k▲ 431%€18k▲ 136%€-33k€-8k▲ 74.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €26k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €82k
Fixed assets
€69k▼ 22.7%
Current assets
€13k▼ 64.1%
Key figures and ratios
EBITDA
€18k▲
2023 · €-6k
Cash flow
€12k▲
2023 · €-12k
Solvency
-48.8%▼
2023 · -25.2%
Current ratio
0.75▼
2023 · 0.96
Quick ratio
0.75▼
2023 · 0.96
Debt / equity
-3.05▲
2023 · -4.97
ROA
-10.1%▲
2023 · -25.8%
Interest coverage
3.08▲
2023 · -0.89
Debt
€122k▼
2023 · €158k
Debt ≤ 1 year
€18k▼
2023 · €39k
Debt > 1 year
€104k▼
2023 · €116k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€126k€82k▼
Fixed assets21/28€89k€69k▼
Tangible fixed assets22/27€89k€69k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€11k€7k▼
Other tangible fixed assets26€75k€59k▼
Current assets29/58€37k€13k▼
Amounts receivable within one year40/41€17k€10k▼
Trade receivables40€16k€4k▼
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€13k€2k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€126k€82k▼
Equity10/15€-32k€-40k▼
Contributions10/11€19k€19k=
Reserves13€0-
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Profit (loss) carried forward14€-50k€-59k▼
Amounts payable17/49€158k€122k▼
Amounts payable after more than one year17€116k€104k▼
Financial debts170/4€56k€44k▼
Other amounts payable178/9€60k€60k=
Amounts payable within one year42/48€39k€18k▼
Current portion of amounts payable after more than one year42€13k€11k▼
Trade debts44€17k€4k▼
Suppliers440/4€17k€4k▼
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€69€0▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€879€866▼
Gross operating margin9900€-5k€19k▲
Operating profit (loss)9901€-26k€-2k▲
Financial income75/76B€0€129▲
Recurring financial income75€0€129▲
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€-33k€-8k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-33k€-8k▲
Profit (loss) for the period to be appropriated9905€-33k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-52k€-59k▼
Profit (loss) brought forward from the previous period14P€-19k€-50k▼
Transfer from equity791/2€1k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-33k ▼285%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €18k ▲136%
Operating result €27k, net result €18k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 396 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 50 days late
2016
16-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Robert Delange(VSA) 987812 AthGround area
2,983 m²
Building footprint
16 m²
Parcel 51061B0094/00H000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue Robert Delange(VSA) 98, 7812 Ath
since 20082.169.668.779
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51061B0094/00H000 | Wallonia | 2,983 m² | 1 · 16 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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, comparable size
ADOMUS
BE 0834.111.314
La Louvière · Eq €731
ALL METAL SERVICES
BE 0680.619.009
Ath · Eq €795
WELDTECH
BE 0804.187.111
Eeklo · Eq €676
idfabric
BE 0704.843.669
Herent · Eq €640
LELEU Christophe
BE 0742.837.579
Brunehaut · Eq €614
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 100 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2008
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.