RX CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RX CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show equity of €19,303 and a net result of €28,731. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 28051 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency46▲+46
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.25 against 0.71 in 2024; short-term debt: 79.4% and cash: 2.6% of total assets), and 79.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.6%
Return on assets
30.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 28051 sector peers (2025).
NBB · sector comparisonPosition among 28051 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 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 · 4 filingsDeviation from the deadline
2025
46 d late
2024
29 d late
2023
23 d late
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€19,303
2024 · -€9,428
Total assets
€93,889▲ 292%
2024 · €23,942
Net result
€28,731▲ 550%
2024 · €4,421
Working capital
€18,709
2024 · -€9,658
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€4,957--€4,689▲ 5.4%€4,690€28,777▲ 514%
Net result-€5,852--€5,871▼ 0.3%€4,421€28,731▲ 550%
Equity-€1,977--€13,849▼ 600%-€9,428▲ 31.9%€19,303
Total assets€21,893-€11,717▼ 46.5%€23,942▲ 104%€93,889▲ 292%
Debt€23,870-€25,565▲ 7.1%€33,370▲ 30.5%€74,586▲ 124%
Working capital-€13,176--€24,574▼ 86.5%-€9,658▲ 60.7%€18,709
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 514% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,889
Fixed assets
€593 ▲ 158%
Current assets
€93,295 ▲ 293%
Equity and liabilities €93,889
Equity
€19,303
Debt
€74,586
Debt finances 79.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€29,205▲
2024 · €5,032
Cash flow
€29,159▲
2024 · €4,763
Current ratio
1.25▲
2024 · 0.71
Debt to equity
3.86▲
2024 · -3.54
ROE
148.8%
ROA
30.6%▲
2024 · 18.5%
Interest coverage
634.88▲
2024 · 18.69
Debt ≤ 1 year
€74,586▲
2024 · €33,370
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,551 | €473 | €342 | €428 | ▲ 25.0% |
| Other operating charges640/8 | €689 | €331 | €576 | €475 | ▼ 17.5% |
| Gross operating margin9900 | -€1,717 | -€3,885 | €5,608 | €29,680 | ▲ 429% |
| Operating profit (loss)9901 | -€4,957 | -€4,689 | €4,690 | €28,777 | ▲ 514% |
| Financial income75/76B | €35 | - | - | - | - |
| Recurring financial income75 | €35 | - | - | - | - |
| Financial charges65/66B | €930 | €1,182 | €269 | €46 | ▼ 82.9% |
| Recurring financial charges65 | €930 | €1,182 | €269 | €46 | ▼ 82.9% |
| Profit (loss) for the period before taxes9903 | -€5,852 | -€5,871 | €4,421 | €28,731 | ▲ 550% |
| Profit (loss) for the period9904 | -€5,852 | -€5,871 | €4,421 | €28,731 | ▲ 550% |
| Profit (loss) for the period to be appropriated9905 | -€5,852 | -€5,871 | €4,421 | €28,731 | ▲ 550% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €21,893 | €11,717 | €23,942 | €93,889 | ▲ 292% |
| Fixed assets21/28 | €11,199 | €10,726 | €230 | €593 | ▲ 158% |
| Tangible fixed assets22/27 | €11,199 | €10,726 | €230 | €593 | ▲ 158% |
| Plant, machinery and equipment23 | €407 | €212 | €91 | - | - |
| Furniture and vehicles24 | €10,792 | €10,514 | €139 | €593 | ▲ 328% |
| Current assets29/58 | €10,694 | €991 | €23,712 | €93,295 | ▲ 293% |
| Amounts receivable within one year40/41 | €10,694 | €945 | €23,712 | €90,822 | ▲ 283% |
| Trade receivables40 | €3,014 | - | €22,632 | €88,221 | ▲ 290% |
| Other amounts receivable41 | €7,681 | €945 | €1,080 | €2,601 | ▲ 141% |
| Cash at bank and in hand54/58 | - | €46 | - | €2,473 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €21,893 | €11,717 | €23,942 | €93,889 | ▲ 292% |
| Equity10/15 | -€1,977 | -€13,849 | -€9,428 | €19,303 | ▲ 305% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €300 | €300 | €300 | €300 | = |
| Non-distributable reserves130/1 | €300 | €300 | €300 | €300 | = |
| Reserves not available under the articles1311 | €300 | €300 | €300 | €300 | = |
| Profit (loss) carried forward14 | -€5,277 | -€17,149 | -€12,728 | €16,003 | ▲ 226% |
| Amounts payable17/49 | €23,870 | €25,565 | €33,370 | €74,586 | ▲ 124% |
| Amounts payable within one year42/48 | €23,870 | €25,565 | €33,370 | €74,586 | ▲ 124% |
| Current portion of amounts payable after more than one year42 | €12,000 | - | - | - | - |
| Financial debts43 | €6,689 | - | €45 | - | - |
| Credit institutions430/8 | €6,689 | - | €45 | - | - |
| Trade debts44 | €1,527 | - | €16,080 | €18,012 | ▲ 12.0% |
| Suppliers440/4 | €1,527 | - | €16,080 | €18,012 | ▲ 12.0% |
| Taxes, remuneration and social security45 | - | - | - | €38,350 | - |
| Remuneration and social security454/9 | - | - | - | €38,350 | - |
| Other amounts payable47/48 | €3,654 | €25,565 | €17,244 | €18,224 | ▲ 5.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,852 | -€5,871 | €4,421 | €28,731 | ▲ 550% |
| + Depreciation and write-downs630 | €2,551 | €473 | €342 | €428 | ▲ 25.0% |
| Operating cash flow (approximation) | -€3,302 | -€5,398 | €4,763 | €29,159 | ▲ 512% |
| Investment in fixed assets (approximation) | - | €0 | €10,153 | -€791 | ▼ 108% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 46 days late
2025
31-12
Financial
Highest result since 2022net €28,731 ▲550%
Operating result €28,777, net result €28,731, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €4,421
Net result €4,421 after 2 loss-making years.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€5,871
Net result drops to -€5,871, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
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, Overijse · 1 establishment unit since 2020
Ground area
665 m²
Building footprint
102 m²
Volume, LiDAR
723 m³
Parcel 23544D0531/00P005, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RX CONSTRUCT
since 20202.312.765.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23544D0531/00P005 | Flanders | 665 m² | 1 · 102 m² | 9.8 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.
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VEGA BOUW
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Of 20,028 companies in sector 43320 we hold annual accounts for 9,135. 6,044 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
68121Development of residential building projects
42110Construction of roads and motorways
43331Floor and wall tiling
Scores and ratios are computed by Checked and are not a credit decision.