RVS REAL ESTATE
Active1 interim measureSummary
The file of RVS REAL ESTATE contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show equity of €152k and a net result of €7k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 9194 sector peers (fiscal year 2025).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28=
Solvency27=
Growth52=
Track record80
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 1.79 against 1.72 in 2024; short-term debt: 41.5% and cash: 0% of total assets), but 98.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
1.8%
Return on assets
0.1%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
9 d late
2022
3 d early
2021
54 d late
2020
5 d late
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€152k▲ 4.6%
2024 · €145k
2019: €105k
2020: €108k
2021: €118k
2022: €129k
2023: €143k
2024: €145k
2019 → 2025
Total assets
€8.35M▼ 11.4%
2024 · €9.43M
2019: €1.38M
2020: €4.73M
2021: €11.56M
2022: €14.98M
2023: €10.36M
2024: €9.43M
2019 → 2025
Net result
€7k▲ 231%
2024 · €2k
2019: €32k
2020: €3k
2021: €10k
2022: €11k
2023: €14k
2024: €2k
2019 → 2025
Working capital
€2.73M▼ 10.6%
2024 · €3.06M
2019: €109k
2020: €1.21M
2021: €-1.28M
2022: €3.63M
2023: €3.12M
2024: €3.06M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€118k-€129k▲ 9.3%€143k▲ 10.7%€145k▲ 1.4%€152k▲ 4.6%
Operating result€160k-€50k▼ 68.6%€343k▲ 584%€252k▼ 26.4%€723k▲ 186%
Net result€10k-€11k▲ 8.3%€14k▲ 26.0%€2k▼ 85.6%€7k▲ 231%
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 recovers in 2025; 2025 is 186% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.35M
Fixed assets
€2.14M ▼ 0.2%
Current assets
€6.20M ▼ 14.8%
Equity and liabilities €8.35M
Equity
€152k ▲ 4.6%
Debt
€8.20M ▼ 11.7%
Debt's share of the balance-sheet total falls from 98.5% to 98.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€740k▲
2024 · €267k
Cash flow
€23k▲
2024 · €17k
Current ratio
1.79▲
2024 · 1.72
Quick ratio
0.61▲
2024 · 0.48
Debt to equity
53.97▼
2024 · 63.90
ROE
4.4%▲
2024 · 1.4%
ROA
0.1%▲
2024 · 0.0%
Interest coverage
1.04▼
2024 · 1.12
Debt ≤ 1 year
€3.47M▼
2024 · €4.22M
Debt > 1 year
€4.73M▼
2024 · €5.06M
Income taxes
€7k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€9.43M€8.35M▼
Formation expenses20€0€0=
Fixed assets21/28€2.15M€2.14M▼
Tangible fixed assets22/27€551k€546k▼
Land and buildings22€535k€522k▼
Plant, machinery and equipment23€0€12k▲
Furniture and vehicles24€15k€12k▼
Financial fixed assets28€1.60M€1.60M=
Current assets29/58€7.28M€6.20M▼
Stocks and contracts in progress3€5.23M€4.07M▼
Stocks30/36€5.23M€4.07M▼
Amounts receivable within one year40/41€1.67M€1.80M▲
Trade receivables40€1.51M€1.54M▲
Other amounts receivable41€164k€263k▲
Cash at bank and in hand54/58€364k€3k▼
Deferred charges and accrued income490/1€6k€328k▲
Equity and liabilities
Total equity and liabilities10/49€9.43M€8.35M▼
Equity10/15€145k€152k▲
Contributions10/11€19k€19k=
Reserves13€127k€133k▲
Distributable reserves133€127k€133k▲
Amounts payable17/49€9.28M€8.20M▼
Amounts payable after more than one year17€5.06M€4.73M▼
Financial debts170/4€5.06M€4.73M▼
Amounts payable within one year42/48€4.22M€3.47M▼
Current portion of amounts payable after more than one year42€24k€20k▼
Financial debts43€2.47M€835k▼
Credit institutions430/8€2.47M€835k▼
Trade debts44€126k€90k▼
Suppliers440/4€126k€90k▼
Advances received on contracts in progress46€162k€98k▼
Taxes, remuneration and social security45€100k€96k▼
Taxes450/3€100k€96k▼
Other amounts payable47/48€1.33M€2.33M▲
Income statement
Code20242025
Non-recurring operating income76A€15k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€17k▲
Other operating charges640/8€29k€37k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€297k€779k▲
Operating profit (loss)9901€252k€723k▲
Financial income75/76B€358€321▼
Recurring financial income75€358€321▼
Financial charges65/66B€240k€710k▲
Recurring financial charges65€240k€710k▲
Profit (loss) for the period before taxes9903€13k€14k▲
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€2k€7k▲
Profit (loss) for the period to be appropriated9905€2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€7k▲
Transfer to equity691/2€2k€7k▲
To other reserves6921€2k€7k▲
The notes to these accounts (17 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
08-09
Interim measure
Provisional administrator
Ondernemingsrechtbank Gent
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €150kEq €152k ▲4.6%
7 profitable years in a row build equity to €152k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €2k ▼85.6%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
24-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 54 days late
2020
05-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2019
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
09-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2016
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Wetteren · 1 establishment unit since 2007
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.
Gransveldestraat 419230 WetterenGround area
442 m²
Building footprint
131 m²
Volume, LiDAR
137 m³
Parcel 42025A0847/00N000, Flanders · tallest building 9.7 m. Linked by address, not a title deed.
1 establishment unit
VAN STEENDAM
since 20072.163.153.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025A0847/00N000 | Flanders | 442 m² | 1 · 131 m² | 9.7 m |
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
2025 · 1 entry · 3,139 EUR awarded · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,139 EUR | 3,000 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
CDL MANAGEMENT
BE 0829.436.211
Elsene · Eq €151,844
VDS-Projects
BE 0789.884.460
Kortrijk · Eq €151,892
LUCLO
BE 0762.968.742
Zedelgem · Eq €151,779
ENTREPRISE SENTERRE
BE 0451.324.073
Braine-l'Alleud · Eq €151,978
DATABUILD EUROPE
BE 0882.252.018
Kapellen · Eq €152,052
Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,340 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2007
Fiscal year end31-03
Abbreviation NL
RVS
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.