Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RS Properties from Arlon, company number BE0441417801, closed financial year 2025 with a result of € -2.6 million after tax. For that financial year RS Properties recorded a gross margin of € 659,781 and equity of € -6.7 million. Compared with financial year 2024, the result moved from € -3 million to € -2.6 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ -6.7 million
▼ € 2.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.6 million
▲ 13 % less loss than in 2024
Profit after tax over the fiscal year.
€ 60,097
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13.8 million.
People and assets in 2025
3.5
Average over the fiscal year, from the social balance sheet.
€ 239,977
▲ 5% vs 2024
€ 68,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,784
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.5 million
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 1.3 million
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,408
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -175,512 | € -634,736 | € -36,461 | € 659,781 | ▲ € 696,242 |
| Profit after taxes | € -1,960,294 | € -2,628,837 | € -3,032,736 | € -2,643,690 | ▲ € 389,046 |
| Equity | € 1,602,893 | € -1,025,944 | € -4,058,680 | € -6,702,370 | ▼ € 2.6 million |
| Total debts | € 24,416,243 | € 34,951,206 | € 48,943,108 | € 50,288,482 | ▲ 3% |
| Cash | € 547,284 | € 91,542 | € 715,871 | € 60,097 | ▼ 92% |
| Land & buildings | € 25,100,341 | € 33,520,755 | € 40,422,295 | € 39,409,518 | ▼ 3% |
| Retained profit | € -5,522,107 | € -8,150,944 | € -11,183,680 | € -13,827,370 | ▼ € 2.6 million |
| Bank debt | € 0 | € 0 | € 9,958,230 | € 5,479,414 | ▼ 45% |
| Balance sheet total | € 26,019,136 | € 33,925,262 | € 44,884,427 | € 43,586,111 | ▼ 3% |
| Employees (FTE) | 6.8 | 3.7 | 3.5 | 3.5 |
Key figures of RS Properties, 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 RS Properties?
What happened at RS Properties in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dominique BOURLIER stepped down as director. NBB
- Nicolas DE MIOMANDRE stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.6 million. filed late Source: NBB ↗
- Dominique BOURLIER became a director. NBB
- Fiona SCHINTGEN stepped down as director. NBB
- Léa BEISSEL stepped down as director. NBB
- Géraldine SCHINTGEN stepped down as director. NBB
- Robert SCHINTGEN stepped down as director. NBB
In short
From € 2 million loss in 2022 to € 2.6 million loss in 2025.
On average € 188,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Fiona SCHINTGEN
Director
Also active at: HABITAT ET AMENAGEMENT, SOCIETE IMMOBILIERE DE SEYMERICH ARLON CALLEMEYN
since 2019 · until 2025
Léa BEISSEL
Director
Also active at: HABITAT ET AMENAGEMENT, SOCIETE IMMOBILIERE DE SEYMERICH ARLON CALLEMEYN
since 2013 · until 2025
Dominique BOURLIER
Director
since 2026 · until 2030
Géraldine SCHINTGEN
Managing director
since 2013 · until 2025
Robert SCHINTGEN
Managing director
Also active at: HABITAT ET AMENAGEMENT, SOCIETE IMMOBILIERE DE SEYMERICH ARLON CALLEMEYN
since 2013 · until 2025
Nicolas DE MIOMANDRE
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Toernich, route de Virton 354
6700 Arlon
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
- 0441.417.801
- VAT number
- BE 0441.417.801
- Registered office
- Toernich, route de Virton 354, 6700 Arlon
- Names & denominations
- RS Properties
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1990
- Peppol
- Active · Active since 31 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Hotels en dergelijke accommodatie
Exploitatie van sportaccommodaties
Verhuur en lease van andere huishoudelijke of persoonlijke artikelen, neg
Catering van evenementen
Verhuur en lease van andere consumentenartikelen, n.e.g.