RS STEEL
ActiveRS STEEL has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €23k. Its solvency ranks better than 16% of 1902 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+45
Solvency37▼-20
Growth78
Track record82
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.44 against 1.46 in 2024; short-term debt: 23.3% of total assets), and 88.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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
11.6%
Return on assets
9.5%
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 16% of 1902 sector peers (2025).
NBB · sector comparisonPosition among 1902 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
49 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▲ 460%
2024 · €5k
2024: €5k
2024 → 2025
Total assets
€237k▲ 1,430%
2024 · €15k
2024: €15k
2024 → 2025
Net result
€23k
2024 · €-107
2024: €-107
2024 → 2025
Working capital
€-31k
2024 · €5k
2024: €5k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€5k-€27k▲ 460%
Operating result€-71-€36k
Net result€-107-€23k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €36k after a loss of €71 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets
€213k
Current assets
€24k
Equity and liabilities €237k
Equity
€27k▲ 460%
Debt
€209k▲ 1,879%
The debt ratio rises from 68.4% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k
Cash flow
€34k
Solvency
11.6%▼
2024 · 31.6%
Current ratio
0.44▼
2024 · 1.46
Quick ratio
0.44▼
2024 · 1.46
Debt / equity
7.64▲
2024 · 2.16
ROE
82.2%▲
2024 · -2.2%
ROA
9.5%▲
2024 · -0.7%
Interest coverage
6.23
Debt
€209k▲
2024 · €11k
Debt ≤ 1 year
€55k▲
2024 · €11k
Debt > 1 year
€154k
Income taxes
€6k▲
2024 · €36
Staff costs
€59k▲
2024 · €10k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€15k€237k▲
Fixed assets21/28-€213k
Tangible fixed assets22/27-€213k
Land and buildings22-€193k
Plant, machinery and equipment23-€14k
Furniture and vehicles24-€6k
Current assets29/58€15k€24k▲
Amounts receivable within one year40/41€8k€4k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€2k€684▼
Current investments50/53€8k€20k▲
Equity and liabilities
Total equity and liabilities10/49€15k€237k▲
Equity10/15€5k€27k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-107€22k▲
Amounts payable17/49€11k€209k▲
Amounts payable after more than one year17-€154k
Financial debts170/4-€154k
Amounts payable within one year42/48€11k€55k▲
Current portion of amounts payable after more than one year42-€9k
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€36€11k▲
Taxes450/3€36€6k▲
Remuneration and social security454/9-€5k
Other amounts payable47/48€7k€28k▲
Income statement
Code20242025
Remuneration, social security and pensions62€10k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€12k
Other operating charges640/8€72€398▲
Gross operating margin9900€10k€108k▲
Operating profit (loss)9901€-71€36k▲
Financial income75/76B-€4
Recurring financial income75-€4
Financial charges65/66B-€8k
Recurring financial charges65-€8k
Profit (loss) for the period before taxes9903€-71€28k▲
Income taxes67/77€36€6k▲
Profit (loss) for the period9904€-107€23k▲
Profit (loss) for the period to be appropriated9905€-107€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-107€22k▲
Profit (loss) brought forward from the previous period14P-€-107
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Quaregnon · 1 establishment unit since 2024
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.
Rue du Zoning du Brûle 77390 QuaregnonGround area
1.4 ha
Building footprint
4,269 m²
Volume, LiDAR
26,556 m³
Parcel 53065A0467/00K005, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RS STEEL
since 20242.367.377.545
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53065A0467/00K005 | Wallonia | 1.4 ha | 1 · 4,269 m² | 8.5 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.
Similar companies · same sector, comparable size
ALMOPLAST
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METAL PAULO MOREIRA
BE 0720.800.466
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RODRIGUS
BE 0692.727.379
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boss-metaal
BE 0784.224.115
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RVH Metals
BE 0846.985.786
Pelt · Eq €26k
Of 908 companies in sector 25120 we hold annual accounts for 677. 304 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-2024
Fiscal year end31-12
Activities, NACEBEL
25120Manufacture of fabricated metal products, except machinery and equipment
24200Manufacture of basic metals
25110Manufacture of metal structures and parts of structures
31001Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.