RW Construct
ActiveSummary
RW Construct has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €231,526 and a net result of €42,253. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 37% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 14-01-2011 Normal situation
- Activity
- General construction of other non-residential buildings NACE 41003and 4 others
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment unit
- 2.196.354.073 2400 Mol, since 14-01-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 29-07-2025
Board and ownership
Board
- Roeymans ElsDirector · since 09-06-2022
- Willekens RafDirector · since 09-06-2022
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
Annual accounts 2025
- Gross margin
- €277,324
- ▼ 25.5%
- Turnover
- ≈ €660,000
- estimated
- Profit
- €42,253
- ▼ 40.9%
- Equity
- €231,526
- ▼ 23.4%
- Total assets
- €832,191
- ▲ 10.2%
- Employees on 31-12-2025
- 2
- ▼ 33.3%
- 2025 accounts filed 59 days after the deadline
Filed on 28-09-2026
Score breakdownraises riskLast filed accounts filed 59 days late; 1 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2011Liquidity: current ratio 1.35, cash €179,346Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency
53-12
equity 27.8% of total assets
Liquidity
54-18
short-term debt 46.5% · cash 21.6%
Profitability
75-6
return on assets 5.1%
Bankruptcy probability within 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Credit of up to €18,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.35 (2.09 in 2024), below the usual 1.5. Short-term debt is 46.5% and cash 21.6% of total assets. 72.2% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 35% of them on solvency, 58% on liquidity, 52% on profitability and 18% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
59 days late
2024
6 days early
2023
12 days early
2022
37 days early
2021
38 days late
2020
25 days early
2019
57 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 July (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 59 days after the deadline Filed on 28 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00528024.
Annual accounts 2025 filed on 28-09-2026 at the NBB all 15 filings
Turnover
≈ €660,000
Estimated: probably between €510,000 and €1.0m
Total assets
€832,191▲ 10.2%
2024 · €754,942
Net result
€42,253▼ 40.9%
2024 · €71,453
Working capital
€135,548▼ 26.1%
2024 · €183,335
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 36% lower than in 2024.
Operating result€74,352
2025
Net result€42,253
2025
Total assets€832,191
2025
Equity€231,526
2025
Debt€600,666
2025
Working capital€135,548
2025
Return on assets (ROA)5.1%
2025
Solvency27.8%
2025
Current ratio1.35
2025
Staff (FTE)2.2
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€27,920-€44,451▲ 59.2%€56,711▲ 27.6%€35,006▼ 38.3%€47,464▲ 35.6%€43,467▼ 8.4%€115,701▲ 166%€74,352▼ 35.7%
Net result€26,526-€27,961▲ 5.4%€39,435above the sector's middle half▲ 41.0%€22,813within the sector's middle half▼ 42.2%€36,112above the sector's middle half▲ 58.3%€22,058within the sector's middle half▼ 38.9%€71,453within the sector's middle half▲ 224%€42,253within the sector's middle half▼ 40.9%
Equity€82,521-€110,482▲ 33.9%€149,917above the sector's middle half▲ 35.7%€172,729above the sector's middle half▲ 15.2%€208,842above the sector's middle half▲ 20.9%€230,900above the sector's middle half▲ 10.6%€302,353within the sector's middle half▲ 30.9%€231,526within the sector's middle half▼ 23.4%
Total assets€129,963-€176,383▲ 35.7%€229,410within the sector's middle half▲ 30.1%€255,694within the sector's middle half▲ 11.5%€302,211within the sector's middle half▲ 18.2%€793,963above the sector's middle half▲ 163%€754,942within the sector's middle half▼ 4.9%€832,191within the sector's middle half▲ 10.2%
Debt€47,442-€65,901▲ 38.9%€79,493▲ 20.6%€82,965▲ 4.4%€93,370▲ 12.5%€563,063▲ 503%€452,589▼ 19.6%€600,666▲ 32.7%
Working capital€46,582-€62,017▲ 33.1%€103,870above the sector's middle half▲ 67.5%€121,066above the sector's middle half▲ 16.6%€113,782above the sector's middle half▼ 6.0%€29,526within the sector's middle half▼ 74.1%€183,335within the sector's middle half▲ 521%€135,548within the sector's middle half▼ 26.1%
Solvency63.5%-62.6%▼ 0.9pp65.3%above the sector's middle half▲ 2.7pp67.6%above the sector's middle half▲ 2.2pp69.1%above the sector's middle half▲ 1.6pp29.1%within the sector's middle half▼ 40.0pp40.0%within the sector's middle half▲ 11.0pp27.8%within the sector's middle half▼ 12.2pp
Current ratio3.32-3.75▲ 0.426.43above the sector's middle half▲ 2.683.89above the sector's middle half▼ 2.534.35above the sector's middle half▲ 0.461.14within the sector's middle half▼ 3.212.09within the sector's middle half▲ 0.951.35within the sector's middle half▼ 0.74
Return on assets (ROA)20.4%-15.9%▼ 4.6pp17.2%above the sector's middle half▲ 1.3pp8.9%within the sector's middle half▼ 8.3pp11.9%within the sector's middle half▲ 3.0pp2.8%within the sector's middle half▼ 9.2pp9.5%within the sector's middle half▲ 6.7pp5.1%within the sector's middle half▼ 4.4pp
Staff (FTE)1.82.8within the sector's middle half▲ 55.6%2.2within the sector's middle half▼ 21.4%
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €832,191
Fixed assets
€309,838 ▼ 23.3%
Current assets
€522,354 ▲ 48.9%
Equity and liabilities €832,191
Equity
€231,526 ▼ 23.4%
Debt
€600,666 ▲ 32.7%
Debt's share of the balance-sheet total rises from 60.0% to 72.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€173,367▼
2024 · €219,533
Cash flow
€141,268▼
2024 · €175,285
Quick ratio
1.06▼
2024 · 2.09
Debt to equity
2.59▲
2024 · 1.50
ROE
18.2%▼
2024 · 23.6%
Interest coverage
8.08▼
2024 · 13.02
Debt ≤ 1 year
€386,805▲
2024 · €167,533
Debt > 1 year
€213,860▼
2024 · €284,043
Income taxes
€13,575▼
2024 · €27,515
Staff costs
€102,035▼
2024 · €131,667
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 2 |
| full-time | 2 | 2 | 2 |
| part-time | 1 | 1 | 0 |
| in full-time equivalents | 2.4 | 2.4 | 2 |
| Average over the year, in full-time equivalents | 1.8 | 2.8 | 2.2 |
| On a permanent contract | 3 | 3 | 2 |
| Joined | 4 | 2 | 0 |
| Left | 1 | 2 | 1 |
Source: social balance sheet in the 2023 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,372 | €86,823 | €490,183 | €9,676 | €28,438 |
| Financial fixed assets | - | - | €7,500 | - | €0 |
| Depreciation and write-downs of the year | €18,975 | €25,150 | €93,015 | €103,832 | €99,015 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 5 entries · €32,425 awarded · €32,425 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €12,295 | €12,295 |
| 2024 | 2 | €13,390 | €13,390 |
| 2023 | 2 | €6,740 | €6,740 |
Comparable companies
These companies have the same main activity as RW Construct: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €720,000 and €1.6m, founded between 2008 and 2014.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| RW Construct Mol | 2011 | €0.8m | €0.2m | €0.3m | €0.04m | 2.2 | 2025 |
| Blomme Agro Torhout | 2011 | €0.9m | €0.9m | €0.3m | €0.09m | 3.1 | 2025 |
| SAMYN CHRISTOPHE Poperinge | 2008 | €0.8m | €0.2m | €0.3m | -€0.01m | 3 | 2025 |
| CONCRETE HOUSE Olen | 2014 | €0.8m | €0.6m | €0.3m | €0.04m | 3.5 | 2025 |
| LD HORSE STABLES Gavere | 2010 | €0.8m | €0.4m | €0.4m | €0.01m | 3.7 | 2025 |
| KMK Karweien Maldegem | 2011 | €1.6m | €0.2m | €0.3m | €0.03m | 2.4 | 2025 |
| KMA CONSTRUCT Bernissart | 2013 | €0.7m | €0.2m | €0.3m | €0.04m | 4.3 | 2025 |
They were chosen from the 1,026 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 5,053 companies had the same profile as RW Construct has now. Two years later, 1.6% had gone bankrupt and 95.9% were still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.4%
stopped otherwise
95.9%
was still going
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RW Construct itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,445 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 5,053 companies, not a prediction for RW Construct. 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.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €2,500 | €0 | €4,045 | - |
| Remuneration, social security and pensions62 | - | - | - | - | - | €78,247 | €131,667 | €102,035 | ▼ 22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,060 | €21,603 | €22,900 | €18,975 | €25,150 | €93,015 | €103,832 | €99,015 | ▼ 4.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €4,284 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,094 | €1,256 | €2,212 | €16,894 | €1,922 | ▼ 88.6% |
| Gross operating margin9900 | €41,975 | €68,349 | €80,004 | €55,075 | €73,870 | €216,940 | €372,378 | €277,324 | ▼ 25.5% |
| Operating profit (loss)9901 | €27,920 | €44,451 | €56,711 | €35,006 | €47,464 | €43,467 | €115,701 | €74,352 | ▼ 35.7% |
| Financial income75/76B | - | - | - | €34 | €25 | €129 | €126 | €2,937 | ▲ 23× |
| Recurring financial income75 | €2,367 | €0 | - | €34 | €25 | €129 | €126 | €2,937 | ▲ 23× |
| Financial charges65/66B | - | - | - | -€67 | €1,251 | €12,784 | €16,860 | €21,461 | ▲ 27.3% |
| Recurring financial charges65 | €858 | €1,331 | €3,133 | -€67 | €1,251 | €12,784 | €16,860 | €21,461 | ▲ 27.3% |
| Profit (loss) for the period before taxes9903 | €35,179 | €43,119 | €53,578 | €35,106 | €46,238 | €30,812 | €98,968 | €55,828 | ▼ 43.6% |
| Income taxes67/77 | €8,653 | €15,158 | €14,143 | €12,294 | €10,125 | €8,754 | €27,515 | €13,575 | ▼ 50.7% |
| Profit (loss) for the period9904 | €26,526 | €27,961 | €39,435 | €22,813 | €36,112 | €22,058 | €71,453 | €42,253 | ▼ 40.9% |
| Profit (loss) for the period to be appropriated9905 | €26,526 | €27,961 | €39,435 | €22,813 | €36,112 | €22,058 | €71,453 | €42,253 | ▼ 40.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €129,963 | €176,383 | €229,410 | €255,694 | €302,211 | €793,963 | €754,942 | €832,191 | ▲ 10.2% |
| Fixed assets21/28 | €63,321 | €91,789 | €106,402 | €92,798 | €154,472 | €559,140 | €404,074 | €309,838 | ▼ 23.3% |
| Tangible fixed assets22/27 | €63,321 | €91,789 | €106,402 | €92,798 | €154,472 | €551,640 | €396,574 | €302,338 | ▼ 23.8% |
| Land and buildings22 | - | - | - | €38,810 | €43,631 | €42,891 | €42,150 | €41,410 | ▼ 1.8% |
| Plant, machinery and equipment23 | - | - | - | €35,615 | €24,882 | €365,923 | €235,353 | €166,849 | ▼ 29.1% |
| Furniture and vehicles24 | - | - | - | €16,149 | €80,505 | €138,053 | €114,978 | €90,666 | ▼ 21.1% |
| Other tangible fixed assets26 | - | - | - | €2,224 | €5,454 | €4,773 | €4,093 | €3,413 | ▼ 16.6% |
| Financial fixed assets28 | - | - | - | - | - | €7,500 | €7,500 | €7,500 | = |
| Current assets29/58 | €66,641 | €84,594 | €123,008 | €162,896 | €147,740 | €234,824 | €350,868 | €522,354 | ▲ 48.9% |
| Stocks and contracts in progress3 | €1,508 | €1,508 | €0 | - | - | - | - | €111,249 | - |
| Contracts in progress37 | - | - | - | - | - | - | - | €111,249 | - |
| Amounts receivable within one year40/41 | €31,128 | €43,743 | €43,267 | €95,048 | €73,364 | €115,321 | €155,803 | €217,635 | ▲ 39.7% |
| Trade receivables40 | - | - | - | €60,855 | €29,064 | €68,138 | €85,447 | €19,008 | ▼ 77.8% |
| Other amounts receivable41 | - | - | - | €34,193 | €44,301 | €47,183 | €70,357 | €198,626 | ▲ 182% |
| Cash at bank and in hand54/58 | €32,319 | €37,657 | €75,813 | €63,608 | €69,977 | €108,563 | €178,836 | €179,346 | ▲ 0.3% |
| Deferred charges and accrued income490/1 | - | - | - | €4,241 | €4,398 | €10,940 | €16,229 | €14,125 | ▼ 13.0% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €129,963 | €176,383 | €229,410 | €255,694 | €302,211 | €793,963 | €754,942 | €832,191 | ▲ 10.2% |
| Equity10/15 | €82,521 | €110,482 | €149,917 | €172,729 | €208,842 | €230,900 | €302,353 | €231,526 | ▼ 23.4% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €47,545 | €98,082 | €137,517 | €160,329 | €196,442 | €218,500 | €289,953 | €219,126 | ▼ 24.4% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €158,469 | €194,582 | €216,640 | €288,093 | €217,266 | ▼ 24.6% |
| Profit (loss) carried forward14 | €22,576 | €0 | - | - | - | - | - | €0 | - |
| Amounts payable17/49 | €47,442 | €65,901 | €79,493 | €82,965 | €93,370 | €563,063 | €452,589 | €600,666 | ▲ 32.7% |
| Amounts payable after more than one year17 | €27,383 | €43,325 | €59,194 | €40,281 | €58,910 | €356,729 | €284,043 | €213,860 | ▼ 24.7% |
| Financial debts170/4 | - | - | - | €40,281 | €58,910 | €356,729 | €284,043 | €213,860 | ▼ 24.7% |
| Amounts payable within one year42/48 | €20,059 | €22,577 | €19,138 | €41,830 | €33,958 | €205,297 | €167,533 | €386,805 | ▲ 131% |
| Current portion of amounts payable after more than one year42 | - | - | - | €17,082 | €27,115 | €73,342 | €72,686 | €70,183 | ▼ 3.4% |
| Financial debts43 | - | - | - | - | - | €3,000 | €3,000 | €140,818 | ▲ 47× |
| Credit institutions430/8 | - | - | - | - | - | €3,000 | €3,000 | €140,818 | ▲ 47× |
| Trade debts44 | €13,855 | €8,138 | €4,321 | €16,197 | €6,177 | €123,597 | €56,563 | €58,499 | ▲ 3.4% |
| Suppliers440/4 | - | - | - | €16,197 | €6,177 | €123,597 | €56,563 | €58,499 | ▲ 3.4% |
| Taxes, remuneration and social security45 | - | - | - | €8,551 | €666 | €5,358 | €35,283 | €4,225 | ▼ 88.0% |
| Taxes450/3 | - | - | - | €8,551 | €666 | €3,828 | €35,283 | €4,225 | ▼ 88.0% |
| Remuneration and social security454/9 | - | - | - | - | - | €1,530 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | - | - | - | - | €113,080 | - |
| Accrued charges and deferred income492/3 | - | - | - | €853 | €502 | €1,037 | €1,013 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,526 | €27,961 | €39,435 | €22,813 | €36,112 | €22,058 | €71,453 | €42,253 | ▼ 40.9% |
| + Depreciation and write-downs630 | €13,060 | €21,603 | €22,900 | €18,975 | €25,150 | €93,015 | €103,832 | €99,015 | ▼ 4.6% |
| Operating cash flow (approximation) | €39,587 | €49,564 | €62,334 | €41,788 | €61,262 | €115,073 | €175,285 | €141,268 | ▼ 19.4% |
| Investment in fixed assets (approximation) | - | -€50,071 | -€37,512 | -€5,372 | -€86,823 | -€497,683 | €51,234 | -€4,779 | - |
| Change in cash | - | €5,338 | €38,156 | -€12,205 | €6,370 | €38,586 | €70,273 | €510 | ▼ 99.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-09-2026 | 2026-00528024 | NBB |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00309933 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00265831 | |
| 31-12-2022 | micro format | 24-06-2023 | 2023-00162626 | |
| 31-12-2021 | micro format | 07-09-2022 | 2022-20429217 | |
| 31-12-2020 | micro format | 06-07-2021 | 2021-31500418 | |
| 31-12-2019 | micro format | 26-09-2020 | 2020-56000596 | |
| 31-12-2018 | micro format | 10-10-2019 | 2019-69400278 | |
| 31-12-2017 | abbreviated format | 25-06-2018 | 2018-23100116 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-25800299 |
Board & ownership
Directors
Directors
2 directors
Roeymans Els
Current
Willekens Raf
Current
Owners and capital
Capital transactions
Capital over time
- 14-06-2022 Converted to unavailable equity · €18,600
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Roeymans Els |
|
| Willekens Raf |
|
Network & group
RW Construct shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of RW Construct. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
28-09
abbreviated format · 59 days late
2025
25-07
abbreviated format · 6 days before the deadline
2024
31-12
Financial
Highest result from 2018 to 2025net €71,453 ▲224%
The operating result of €115,701 and the net result of €71,453 are both a record.
19-07
micro format · 12 days before the deadline
2023
31-12
Financial
Weakest financial yearnet €22,058 ▼38.9%
The net result drops to €22,058, the lowest from 2018 to 2025. It recovers the following year.
24-06
micro format · 37 days before the deadline
2022
31-12
Financial
Equity above €200,000equity €208,842 ▲20.9%
With a profit in every financial year since 2018, equity grows to €208,842.
07-09
micro format · 38 days late
14-06
Gazette deed
Purpose · Legal-form change · Resignations & appointmentsPurpose change · Amendment of the articles · Capital conversion8 points ▸
Gazette deed
Purpose · Legal-form change · Resignations & appointments
Purpose change · Amendment of the articles · Capital conversion8 points ▸
- General meeting, 09-06-2022
- Purpose change
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffen, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital
- Power of attorney, Ann-Sophie Van Roosbroeck
- Other provision, 2, “ontslag, decharge en herbenoeming bestuurders” (deed in Dutch)
2021
31-12
Financial
Equity above €150,000equity €172,729 ▲15.2%
With a profit in every financial year since 2018, equity grows to €172,729.
06-07
micro format · 25 days before the deadline
2020
26-09
micro format · 57 days late
Show earlier events
2019
31-12
Financial
Equity above €100,000equity €110,482 ▲33.9%
With a profit in every financial year since 2018, equity grows to €110,482.
10-10
micro format · 71 days late
2018
25-06
abbreviated format · 36 days before the deadline
2017
29-06
abbreviated format · 32 days before the deadline
2011
18-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
RW Construct in Dutch
Enterprise number
0832.804.089
Legal form
Private limited company
Status
Active, normale toestand
Founded
14-01-2011
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 14-06-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“België of buitenland, Vlaams Gewest”
deed of 14-06-2022 (in Dutch)Registered office and establishments
Registered office
Acaciastraat 23, 2400 Mol, Belgium
Establishment unit
RW Construct BVBA, Acaciastraat 23, 2400 Mol since 14-01-2011 · unit number 2.196.354.07302100 Forestry and logging
Activities
NACEBEL 2025VAT activities
41003
General construction of other non-residential buildings main activity
55204
Guest rooms (bed and breakfast)
63920
Other information service activities
77110
Renting and leasing of cars and light motor vehicles
Social security (RSZ) activities
41001
General construction of residential buildings main activity
Codes under NACEBEL 2008
VAT activities
41203
Construction of residential and non-residential buildings main activity
55204
Guest rooms (bed and breakfast)
63990
Computing infrastructure, data processing, hosting and other information service activities
77393
Rental and leasing activities
Social security (RSZ) activities
41201
General construction of buildings main activity
Joint committee
124 Paritair Comité voor het bouwbedrijf annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 14-06-2022 (in Dutch)
“Bijzondere grondwerken, omvat onder meer boringen, peilingen, uitdiepingen,; Funderingswerken, heiwerk, damplanken en versterkingswerken van…”
16 activities
- Bijzondere grondwerken, omvat onder meer boringen, peilingen, uitdiepingen,
- Funderingswerken, heiwerk, damplanken en versterkingswerken van de bodem.
- Andere grondwerken, bosbouw.
- Wegenwerken : omvat onder meer het bouwen, herstellen, onderhouden van
- Wegen, fietspaden, vliegenvelden en startbanen
- Aanleg en onderhoud van speelpleinen, sportvelden, parken en tuinen, eveneens het plaatsen van afsluitingen en omheiningen;
- Algemene bouwwerken, optrekken van gebouwen, evenals de bekisting en het ijzervlechtwerk. Ook bouwwerkzaamheden die betrekking hebben op de gehele of gedeeltelijke uitvoering van voltooiingswerken of op de coördinatie van deze laatste wanneer zij door onderaannemers worden uitgevoerd.
- Restauratiewerken, glaswerken, industriële pijpleidingen, kanalisatie, elektrotechniek.
- Het produceren, verdelen, verkopen, installeren, onderhouden, hetzij als tussenpersoon, hetzij voor eigen rekening, van zwembaden, sauna’s, zwemvijvers, jaccuzi’s, enz. en van alle toebehoren.
- Het verhuren van mobilhomes, campers, …
- De vennootschap heeft bijkomend tot doel, zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, het beheer van onroerend vermogen aan derden, het aankopen, verkopen, ruilen, bouwen verbouwen, onderhouden, huren, verhuren, verkavelen, prospecteren, uitbaten van onroerende goederen alsmede alle handelingen stellen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van deze onroerende goederen te bevorderen.
- De activiteiten van een horeca-uitbating en organisator van allerhande evenementen en manifestaties, in de ruimste zin, zoals (ten titel van voorbeeld en dus niet beperkend) de inrichting, de uitbating, de huur en verhuur, de leiding en het bestuur van tea-rooms, restaurants, cafés, brasseries, bistro’s, snackbars, cantines, feest-, vergader- en spektakelzalen, dancings, music-halls, private clubs, sport- en ontspanningsclubs, biljart- en snookerzalen, speelzalen, feesttenten, hotels, verhuur gastenkamers en traiteurszaken en alle andere al dan niet verplaatsbare inrichtingen en gelegenheden waar zowel alcoholische als niet-alcoholische dranken, snacks en maaltijden te koop of voor verbruik ter plaatse worden aangeboden of waar ontspannings- of sportmogelijkheden geboden worden, alsmede het organiseren, inrichten en verzorgen van feesten, recepties, tentoonstellingen, markten, beurzen, seminaries en manifestaties allerhande.
- De activiteiten van een holdingvennootschap, zoals (ten titel van voorbeeld en dus niet beperkend) het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties, kasbons of andere roerende waarden, van welke aard ook, van Belgische of buitenlandse, bestaande of nog op te richten vennootschappen; het bevorderen van de oprichting van vennootschappen door inbreng, participatie of investering; het verlenen van adviezen van financiële, technische, commerciële of administratieve aard, in de ruimste zin, bijstand en diensten verlenen, rechtstreeks of onrechtstreeks, op het vlak van administratie en financiën, verkoop, productie en algemeen bestuur; het optreden als tussenpersoon bij onderhandelingen door gehele of gedeeltelijke overname van aandelen in de meest ruime betekenis;
- Onder welke vorm ook, bijstand en diensten verlenen op financieel, technisch, commercieel, juridisch en administratief vlak, onder meer door het verlenen van adviezen, het waarnemen van alle mogelijke opdrachten en de activiteiten van controle, voor zoveel als wettelijk toegelaten; het verlenen van persoonlijke of zakelijke waarborgen;
- Alle verrichtingen van commerciële, industriële, onroerende, roerende of financiële aard, die de verwezenlijking van het doel kunnen bevorderen;
- Het besturen en leiden van vennootschappen, ondernemingen en verenigingen, met eender welk doel, en de onderafdelingen daarvan, welke ook de betiteling ervan is, en daartoe dus mandaten van bestuurder, zaakvoerder, commissaris of om het even welke ander mandaat uitoefenen.
Invoicing and payment
VAT number
BE 0832.804.089
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. Use the enterprise number 0832.804.089
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Monday of June at 18:00
deed of 14-06-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,600 m²
Building footprint
155 m²
Building volume
1,219 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13025G0482/00C003 | Flanders | 1,600 m² | 1 · 155 m² | 11.1 m · 3 |