Equity
Debts exceed assets in financial year 2025.
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Debts exceed assets in financial year 2025.
The 2022 accounts came 29 days late. The other nine of the last ten were filed on time.
Lower solvency than 95% of companies in construction of buildings. Sector median 42.9% · 9,471 companies.
In July 2024, 6,908 companies had the same profile as RVS-Projects has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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.
| 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% |
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 6,908 companies, not a prediction for RVS-Projects. 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.
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| Company | ||||
|---|---|---|---|---|
| RVS-Projects Hamme (Vl.) | €3,383 | -€12,492 | -216.2% | - |
| ENTREPRISE GENERALE DUBUISSON Binche | €3,728 | -€2,658 | -591.2% | - |
| FIX4U Zoersel | €3,961 | -€1,375 | 100.0% | 0 |
| DALYZA Zaventem | €4,008 | €384 | -337.8% | - |
| OMICRON EV Lasne | €3,439 | -€1,858 | -370.0% | - |
| DOCKSIDE Kraainem | €3,129 | -€1,056 | -1724.9% | - |
| W.M.D. Soignies | €3,370 | -€1,185 | -728.5% | - |
These companies have the same main activity as RVS-Projects: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €3,130 and €4,010, founded between 2006 and 2011.
RVS-Projects files the micro format. That format states no turnover. The gross margin fell from €6,602 in 2012 to -€12,492 in 2025.
The balance sheet grew most from 2013 to 2014 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.
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