Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
RSWT Décoration from Gembloux, company number BE0733993555, closed financial year 2024 with a result of € -10,209 after tax. For that financial year RSWT Décoration recorded a gross margin of € -1,841 and equity of € -7,209. Compared with financial year 2023, the result moved from € -8,383 to € -10,209. 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 7, 2025.
€ -7,209
▼ € 10,209 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,209
▼ 22 % more loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10,209.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 309
▼ 90% vs 2023
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
Debts at end 2024
€ 25,985
▼ 17% vs 2023
€ 11,239 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 23,268
▲ 56% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2,017
▼ 26% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 15,699 | € 27,423 | € 2,088 | € -1,841 | ▼ € 3,929 |
| Profit after taxes | € -5,582 | € 13,073 | € -8,383 | € -10,209 | ▼ € 1,826 |
| Equity | € 7,824 | € 20,897 | € 3,000 | € -7,209 | ▼ € 10,209 |
| Total debts | € 55,305 | € 36,364 | € 58,400 | € 54,221 | ▼ 7% |
| Cash | € 0 | - | € 2,370 | - | |
| Retained profit | € 4,824 | € 17,897 | € 0 | € -10,209 | |
| Dividend | € 0 | € 0 | € 9,514 | € 0 | ▼ 100% |
| Bank debt | € 42,739 | € 30,629 | € 31,256 | € 25,985 | ▼ 17% |
| Balance sheet total | € 63,129 | € 57,261 | € 61,400 | € 47,012 | ▼ 23% |
Key figures of RSWT Décoration, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RSWT Décoration?
What happened at RSWT Décoration in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
RSWT Décoration is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 10,209. filed late Source: NBB ↗
- New establishment in Gembloux. KBO
- Walter TIEGEL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,582 loss in 2021 to € 10,209 loss in 2024.
Paid € 2,141 in corporate taxes since 2021.
Best year ever: 2022, with € 13,073 profit.
Paid out € 9,514 in dividends to the owners in total.
A new publication or filing at RSWT Décoration? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RSWT Décoration is Walter TIEGEL.
Directors
According to the 2024 annual accounts
Walter TIEGEL
Administrateur
since 2019
Establishments
Establishment units
Physical locations of this company
Chaussée de Tirlemont 16 box 15
5030 Gembloux
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
- 0733.993.555
- VAT number
- BE 0733.993.555
- Registered office
- Chaussée de Tirlemont 16 bus 15, 5030 Gembloux
- Names & denominations
- RSWT Décoration
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 12 September 2019
- Peppol
- Active · Active since 23 Jul 2025
- Activities · NACE
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