Equity
-€28,855
Debts exceed assets in financial year 2025.
RYLS Projects
Overview
Lifetime
3 annual accounts with figures on one time axispeak -€1,320 (2025)
-€1,320▲ €1,855
lowest -€14,507 (2023)
-€8,333▲ €3,684
peak -€8,507 (2023)
-€28,855▼ €8,333
€272,272▲ 3.0%
Board1 name since 2023
1 director
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from -€3,175 to -€1,320Loss of €8,333Equity from -€20,523 to -€28,855Cash from €461 to €128
Key points
from the 2025 annual accountsLosses
-€34,855 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€272,272 112% of the balance sheet
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,555 companies had the same profile as RYLS Projects has now. Each dot stands for 4 companies, two years later.
91.6%
were still trading
3.6%
stopped another way
4.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
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 1,555 companies, not a prediction for RYLS 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Incorporation
Founding capital of €6,000, 100 shares · Founder: · Appointment: (director) · published on 02-06-2023 · Gazette deed
First establishment
Klinkaardstraat 187, Kapellen
Official details
Source: KBO- Status
- Active since 31-05-2023Normal situation
- Activity
- “De vennootschap kan alle verrichtingen stellen in verband met onroerende goederen,zoals onder meer de…” (deed in Dutch)From the articles, 7 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.345.731.4022950 Kapellen, since 31-05-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2025
- -€1,320▲ 58.4%
- €8,333▼ 30.7%
- -€28,855▼ 40.6%
- €243,417▼ 0.1%
- Filing
- Filed on 27-05-2026, 65 days before the end of the filing period
Insights on RYLS Projects
RYLS Projects files the micro format. That format states no turnover. The gross margin rose from -€10,243 in 2023 to -€1,320 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 27-05-2026, 65 days before the deadline-€1,320
▲ €1,855
-€1,839
▲ €1,335
-€8,333
▲ €3,684
-€28,855
▼ €8,333
-11.9%
▼ 3.4 percentage points
0.89
▼ 0.03
Turnover and EBIT margin are not published. The micro format does not require them.
Balance sheet
balance sheet total €243,417 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
243,417 | 243,749 | 244,766 | |
29/58 |
243,417 | 243,749 | 244,766 | |
3 |
243,289 | 243,289 | 243,289 | |
30/36 |
243,289 | 243,289 | 243,289 | |
54/58 |
128 | 461 | 1,477 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
243,417 | 243,749 | 244,766 | |
10/15 |
-28,855 | -20,523 | -8,507 | |
10/11 |
6,000 | 6,000 | 6,000 | |
11 |
- | - | 6,000 | |
1109/19 |
- | - | 6,000 | |
14 |
-34,855 | -26,523 | -14,507 | |
17/49 |
272,272 | 264,272 | 253,272 | |
42/48 |
272,272 | 264,272 | 160,000 | |
42 |
160,000 | 160,000 | 160,000 | |
47/48 |
112,272 | 104,272 | - | |
492/3 |
- | - | 93,272 | |
| Income statement | ||||
9900 |
-1,320 | -3,175 | -10,243 | |
640/8 |
520 | - | - | |
9901 |
-1,839 | -3,175 | -10,243 | |
75/76B |
0 | - | - | |
75 |
0 | - | - | |
65/66B |
6,493 | 8,842 | 4,263 | |
65 |
6,493 | 8,842 | 4,263 | |
9903 |
-8,333 | -12,016 | -14,507 | |
9904 |
-8,333 | -12,016 | -14,507 | |
9905 |
-8,333 | -12,016 | -14,507 | |
| Appropriation of the result | ||||
9906 |
-34,855 | -26,523 | -14,507 | |
14P |
-26,523 | -14,507 | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -333 | -1,016 | - | ||
| -28,855 | -20,523 | 84,766 | ||
| -11.9% | -8.4% | -3.5% | ||
| 0.89 | 0.92 | 1.53 | ||
| 0.00 | 0.00 | 0.01 | ||
| -3.4% | -4.9% | -5.9% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on RYLS Projects
The operating result for 2025 is a loss of €1,839, smaller than the loss of €3,175 in 2024.
Equity is negative. Debt (€272,272) exceeds the balance-sheet total (€243,417).
Board & ownership
Board
1 director, since incorporationMandates through the years
1 name, the dashed line is todayDirector (not named in the articles)
Board
Mandates as a list
-
- Director (not named in the articles), appointed by deed of 02-06-2023, still in office
Control
Founder
This company
RYLS Projects
Equity -€28,855
Loss €8,333 in 2025
Capital
- Contribution
- €6,000
- Shares
- 100
- Contribution per share
- €60
- Equity per share
- -€289 in 2025
- Source
- deed of 02-06-2023
Articles of association
deed of 02-06-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 7 May at 18:00
Shareholders
At incorporation
deed of 02-06-2023 ↗
- 100 shares (100%) · €6,000
Network & group
No group
RYLS Projects has no parent and no holdings in its annual accounts. is the only director.
At the same address
Klinkaardstraat 187, 2950 Kapellen · 3 other companies| RYLS CREATIONS
registered office since 14-03-2022 · founded in 2022 |
total assets €1.2m (2025) 0783.389.816 |
| Ardhi
registered office since 05-04-2022 · founded in 2022 · negative equity (2025) |
total assets €360,479 (2025) 0784.498.881 |
| Jengo
registered office since 05-04-2022 · founded in 2022 |
total assets €219,889 (2025) 0784.498.782 |
Earlier ties
via , no longer at · Director · deed of 15-02-2011 founded in 1995 |
322 FTE (2025) |
via , no longer at · Manager · deed of 19-09-2016 founded in 2016 |
total assets €1.4m (2025) |
Connections & network
The network starts from the earlier ties.
This company
Company
Director
Shareholding
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Timeline
Timeline
5 events since 2023Filings
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed PDFmicro format · 65 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 41 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 83 days before the deadline
2023
IncorporationFounding capital of €6,000, 100 shares · Founder: · Appointment: (director) · published on 02-06-20234 points ▸
- Founder,
- Founding capital, €6,000, 100 shares
- Director appointment, (director (not named in the articles))
- Power of attorney,
- The deed holds 2 more points.
First establishment Klinkaardstraat 187, Kapellen
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0802.250.475
- VAT number
- BE 0802.250.475
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 31-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- 7 May at 18:00deed of 02-06-2023 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- RYLS Projects in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 02-06-2023 (in Dutch)
Activities
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap kan alle verrichtingen stellen in verband met onroerende goederen,zoals onder meer de aankoop en verkoop,huur en…”deed of 02-06-2023 (in Dutch)
7 activities
- De vennootschap kan alle verrichtingen stellen in verband met onroerende goederen,zoals onder meer de aankoop en verkoop,huur en verhuring,onderhoud en verbouwingen,uitbating,ontwikkeling en valorisatie van gebouwen en gronden,zowel voor eigen rekening als voor derden,hetzij rechtstreeks of als tussenpersoon,en dit alles in de meest ruime zin,zodat alles kan gedaan worden dat het bezit,de beveiliging,de opbrengst en de waardevermeerdering van een onroerend patrimonium kan ten goede komen.
- De vennootschap mag in het kader daarvan alle roerende en onroerende goederen,materialen en benodigdheden verwerven,huren of verhuren,vervaardigen,overdragen of ruilen welke rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- Zij zal door alle middelen mogen samenwerken met andere vennootschappen die eenzelfde,gelijkaardig of aanverwant voorwerp nastreven.Deze deelneming kan geschieden door inschrijving of door overname van aandelen,inbreng,fusie,opslorping of op welke andere wijze ook.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die een rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek,gelijklopend of samenhangend voorwerp met het hare of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Zij kan de functies van bestuurder of vereffenaar uitoefenen in andere vennootschappen.
- De vennootschap mag zich borgstellen of zakelijke zekerheden verlenen ten voordele van vennootschappen of particulieren,in de meest ruime zin.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Klinkaardstraat 187 registered office 2950 Kapellen 68121 Development of residential building projects | 31-05-2023 | 2.345.731.402 |
Buildings and parcels at the address
- Ground area
- 1,766 m²
- Buildings
- 236 m²
- Volume, LiDAR
- 1,181 m³
- Tallest building
- 17.5 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11023A0219/00N000 | 1,766 m² | 1 · 236 m² | 17.5 m · 2 |