R&R TEAM
ActiveThe computed 12-month bankruptcy probability of R&R TEAM is 2.0% (moderate). The 2024 annual accounts show equity of €169k and a net result of €32k. Equity is growing by ~61.6% per year across the filed fiscal years. Its solvency ranks better than 21% of 9979 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
65
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96▼-4
Solvency32▼-27
Growth78=
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 4.16 in 2023), but 86.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9979 sector peers (2024).
NBB · sector comparisonPosition among 9979 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
140 d late
2023
187 d late
2022
16 d late
2021
31 d late
2020
114 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€169k▲ 23.6%
2023 · €137k
2020: €12k
2021: €53k
2022: €86k
2023: €137k
2020 → 2024
Total assets
€1.26M▲ 131%
2023 · €547k
2020: €54k
2021: €151k
2022: €582k
2023: €547k
2020 → 2024
Net result
€32k▼ 35.7%
2023 · €50k
2020: €2k
2021: €41k
2022: €33k
2023: €50k
2020 → 2024
Working capital
€448k▲ 7.8%
2023 · €416k
2020: €12k
2021: €53k
2022: €368k
2023: €416k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€12k-€53k▲ 346%€86k▲ 62.7%€137k▲ 58.2%€169k▲ 23.6%
Operating result€-36-€50k€45k▼ 9.8%€64k▲ 42.6%€64k▼ 0.1%
Net result€2k-€41k▲ 2,076%€33k▼ 19.2%€50k▲ 50.9%€32k▼ 35.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.26M
Equity
€169k▲ 23.6%
Debt
€1.10M▲ 167%
The debt ratio rises from 75.1% to 86.6%: debt grows faster than equity.
Key figures and ratios
Solvency
13.4%▼
2023 · 24.9%
Current ratio
1.55▼
2023 · 4.16
Quick ratio
1.09▼
2023 · 4.16
Debt / equity
6.49▲
2023 · 3.01
ROE
19.1%▼
2023 · 36.8%
ROA
2.6%▼
2023 · 9.2%
Debt
€1.10M▲
2023 · €411k
Debt ≤ 1 year
€816k▲
2023 · €131k
Debt > 1 year
€279k=
2023 · €279k
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€547k€1.26M▲
Current assets29/58€547k€1.26M▲
Stocks and contracts in progress3-€375k
Contracts in progress37-€375k
Amounts receivable within one year40/41€547k€802k▲
Trade receivables40€460k€558k▲
Other amounts receivable41€87k€244k▲
Cash at bank and in hand54/58€374€88k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€547k€1.26M▲
Equity10/15€137k€169k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€127k€159k▲
Amounts payable17/49€411k€1.10M▲
Amounts payable after more than one year17€279k€279k=
Financial debts170/4€279k€279k=
Amounts payable within one year42/48€131k€816k▲
Current portion of amounts payable after more than one year42€20k€20k▼
Financial debts43€589€460k▲
Other loans439€589€460k▲
Trade debts44€52k€36k▼
Suppliers440/4€52k€36k▼
Taxes, remuneration and social security45€59k€61k▲
Taxes450/3€59k€61k▲
Other amounts payable47/48€0€239k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Other operating charges640/8€79k€4k▼
Gross operating margin9900€143k€67k▼
Operating profit (loss)9901€64k€64k▼
Financial income75/76B€4k€1▼
Recurring financial income75€4k€1▼
Financial charges65/66B€18k€32k▲
Recurring financial charges65€18k€32k▲
Profit (loss) for the period before taxes9903€50k€32k▼
Profit (loss) for the period9904€50k€32k▼
Profit (loss) for the period to be appropriated9905€50k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€127k€159k▲
Profit (loss) brought forward from the previous period14P€76k€127k▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 140 days late
03-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 187 days late
2024
31-12
Financial
Equity above €150kEq €169k ▲23.6%
5 profitable years in a row build equity to €169k.
2023
31-12
Financial
Highest result since 2020net €50k ▲50.9%
Operating result €64k, net result €50k, both a record.
31-12
Financial
Equity above €100kEq €137k ▲58.2%
4 profitable years in a row build equity to €137k.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 16 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
22-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 114 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, Roeselare · 1 establishment unit since 2019
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.
Vlaanderenstraat 68800 RoeselareGround area
1,457 m²
Building footprint
194 m²
Volume, LiDAR
1,089 m³
Parcel 36505C0979/00V000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
R&R TEAM
since 20192.299.977.886
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C0979/00V000 | Flanders | 1,457 m² | 1 · 194 m² | 8.3 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 818 EUR awarded · 818 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 818 EUR | 818 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,551 companies in sector 41001 we hold annual accounts for 15,877. 12,305 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-11-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43211General electrical installation work
43221Plumbing work
46831Wholesale of construction materials, general range
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.