Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RVDD from Gent, company number BE0435576520, closed financial year 2025 with a result of € -62,459 after tax. For that financial year RVDD recorded a gross margin of € 43,642 and equity of € 274,916. Compared with financial year 2024, the result moved from € -1,685 to € -62,459. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 274,916
▼ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -62,459
▼ 3607 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11,604
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -169,862.
Debts at end 2025
€ 964,959
▼ 8% vs 2024
€ 84,397 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 20,821
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 628
▲ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 75,275 | € 118,099 | € 109,826 | € 43,642 | ▼ 60% |
| Profit after taxes | € -109,878 | € 10,297 | € -1,685 | € -62,459 | ▼ € 60,774 |
| Equity | € 346,021 | € 350,565 | € 343,127 | € 274,916 | ▼ 20% |
| Total debts | € 1,821,892 | € 2,051,419 | € 1,938,363 | € 1,927,286 | ▼ 1% |
| Cash | € 5,573 | € 65,878 | € 29,940 | € 11,604 | ▼ 61% |
| Land & buildings | € 2,192,721 | € 2,306,061 | € 2,301,113 | € 2,246,355 | ▼ 2% |
| Retained profit | € -116,015 | € -105,718 | € -107,403 | € -169,862 | ▼ € 62,459 |
| Bank debt | € 990,804 | € 1,062,775 | € 1,046,822 | € 964,959 | ▼ 8% |
| Balance sheet total | € 2,236,680 | € 2,467,441 | € 2,343,636 | € 2,261,036 | ▼ 4% |
Key figures of RVDD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RVDD?
What happened at RVDD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 62,459. filed late Source: NBB ↗
- Michel Vereecke became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 109,878 loss in 2022 to € 62,459 loss in 2025.
Best year ever: 2023, with € 10,297 profit.
Management
Behind RVDD is Michel Vereecke.
Directors
According to the 2025 annual accounts
Michel Vereecke
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Kunstlaan 41
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.576.520
- VAT number
- BE 0435.576.520
- Registered office
- Kunstlaan 41, 9000 Gent
- Names & denominations
- RVDD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 October 1988
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen