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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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
R & S CONSTRUCT from Affligem, company number BE0875645823, closed financial year 2025 with a result of € 35,442 after tax. For that financial year R & S CONSTRUCT recorded a gross margin of € 75,213 and equity of € 282,204. Compared with financial year 2024, the result moved from € 54,425 to € 35,442. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on January 20, 2026.
€ 282,204
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,442
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 11,743
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 269,804.
People and assets in 2025
€ 452
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 178,108
▼ 17% vs 2024
€ 32,273 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 3,477
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 15,840
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 47,480 | € 131,357 | € 96,136 | € 75,213 | ▼ 22% |
| Profit after taxes | € 24,048 | € 47,760 | € 54,425 | € 35,442 | ▼ 35% |
| Equity | € 144,576 | € 192,337 | € 246,761 | € 282,204 | ▲ 14% |
| Total debts | € 268,453 | € 361,114 | € 303,693 | € 240,931 | ▼ 21% |
| Cash | € 4,854 | € 8,141 | € 12,625 | € 11,743 | ▼ 7% |
| Land & buildings | € 138,563 | € 367,707 | € 347,330 | € 326,953 | ▼ 6% |
| Retained profit | € 132,176 | € 179,937 | € 234,361 | € 269,804 | ▲ 15% |
| Bank debt | € 104,059 | € 269,350 | € 215,231 | € 178,108 | ▼ 17% |
| Balance sheet total | € 413,030 | € 553,450 | € 550,454 | € 523,135 | ▼ 5% |
Key figures of R & S CONSTRUCT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to R & S CONSTRUCT?
What happened at R & S CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 35,442 (▼ 35% vs 2024). Source: NBB ↗
- New establishment in Affligem. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,048 profit in 2022 to € 35,442 profit in 2025.
Paid € 45,263 in corporate taxes since 2022.
Best year ever: 2024, with € 54,425 profit.
Management
Behind R & S CONSTRUCT are Filip Suls and Kristien Van Schandevijl. It owns 100% of R&S Invest itself.
Directors
According to the 2025 annual accounts
Filip Suls
Director
Also active at: R & S INVEST, R & S PROJECTS, JADOUL FREDERICK, ISOPURFECT ISOLATIONS, CHAPEWERKEN R&S PROJECTS
Establishments
Establishment units
Physical locations of this company
Guchtveld 21
1790 Affligem
Guchtweg 21
1790 Affligem
Active since 1 September 2005
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0875.645.823
- VAT number
- BE 0875.645.823
- Registered office
- Guchtveld 21, 1790 Affligem
- Names & denominations
- R & S CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 August 2005
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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