What does R&H ASSOCIES do?

R&H ASSOCIES is a law firm in Watermaal-Bosvoorde. Private Limited, started on 30 November 2005, 1 establishment.

What is the address of R&H ASSOCIES?

The registered office of R&H ASSOCIES is located at Terhulpsesteenweg 177 box 8, 1170 Watermaal-Bosvoorde.

Is R&H ASSOCIES still active?

Yes. According to the CBE (29 October 2026) R&H ASSOCIES is active, legal situation “Normale toestand”, started on 30 November 2005.

Is R&H ASSOCIES registered on Peppol?

Yes, R&H ASSOCIES is registered on the Peppol network with ID 0208:0877613042.

What is the enterprise number of R&H ASSOCIES?

The enterprise number of R&H ASSOCIES is BE0877613042.

When was R&H ASSOCIES founded?

R&H ASSOCIES was founded on 30 November 2005.

Who are the directors of R&H ASSOCIES?

According to the 2025 annual accounts, the directors of R&H ASSOCIES are: HS AVOCATS SRL, RS AVOCATS SRL.

Is R&H ASSOCIES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 November 2005; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did R&H ASSOCIES make in 2025?

R&H ASSOCIES recorded a loss after taxes of € 133,197 in financial year 2025.

What is the revenue of R&H ASSOCIES?

As a small company, R&H ASSOCIES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 84,873.

How much does an employee at R&H ASSOCIES earn?

The average wage cost per full-time employee at R&H ASSOCIES was € 53,200 in 2025: staff costs of € 53,159 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does R&H ASSOCIES have?

According to the 2025 annual accounts, R&H ASSOCIES has 1 full-time equivalents (FTE).

R&H ASSOCIES (Private Limited) - Watermaal-Bosvoorde

Dossier R&H ASSOCIES, printed on 29 October 2026 from databakkes.be/en/0877613042/r-h-associes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Busy address KBO

25 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

R&H ASSOCIES from Watermaal-Bosvoorde, company number BE0877613042, closed financial year 2025 with a result of € -133,197 after tax. For that financial year R&H ASSOCIES recorded a gross margin of € 84,873 and equity of € 155,226. Compared with financial year 2024, the result moved from € 47,748 to € -133,197. The company made a loss. The buffer shrank hard: equity is 64 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.

What it is worth Shrank hard

€ 155,226

▼ 64% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -133,197

▼ still € 47,748 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,745

▼ 84% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 141,892.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 53,159

▲ 2% vs 2024

€ 53,200 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.

Vehicles and equipment

€ 3,750

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 8 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 990,752

▼ 9% vs 2024

€ 126,373 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.

Owed to suppliers

€ 206,223

▲ 290% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 50,280

▲ 40% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 133,973 Gross margin 2022: € 133,973 First fiscal year in the series	€ 157,163 Gross margin 2023: € 157,163 ▲ 17% vs 2022 (€ 133,973) Favourable step	€ 325,159 Gross margin 2024: € 325,159 ▲ 107% vs 2023 (€ 157,163) Favourable step	€ 84,873 Gross margin 2025: € 84,873 ▼ 74% vs 2024 (€ 325,159) Unfavourable step	▼ 74%
Profit after taxes	€ -34,713 Profit after taxes 2022: € -34,713 First fiscal year in the series	€ -37,741 Profit after taxes 2023: € -37,741 ▼ € 3,028 vs 2022 (€ -34,713) Unfavourable step	€ 47,748 Profit after taxes 2024: € 47,748 ▲ € 85,489 vs 2023 (€ -37,741) Favourable step	€ -133,197 Profit after taxes 2025: € -133,197 ▼ € 180,946 vs 2024 (€ 47,748) Unfavourable step	▼ € 180,946
Equity	€ 422,627 Equity 2022: € 422,627 First fiscal year in the series	€ 384,886 Equity 2023: € 384,886 ▼ 9% vs 2022 (€ 422,627) Unfavourable step	€ 432,635 Equity 2024: € 432,635 ▲ 12% vs 2023 (€ 384,886) Favourable step	€ 155,226 Equity 2025: € 155,226 ▼ 64% vs 2024 (€ 432,635) Unfavourable step	▼ 64%
Total debts	€ 1,574,121 Total debts 2022: € 1,574,121 First fiscal year in the series	€ 1,451,805 Total debts 2023: € 1,451,805 ▼ 8% vs 2022 (€ 1,574,121) Favourable step	€ 1,543,445 Total debts 2024: € 1,543,445 ▲ 6% vs 2023 (€ 1,451,805) Unfavourable step	€ 1,686,315 Total debts 2025: € 1,686,315 ▲ 9% vs 2024 (€ 1,543,445) Unfavourable step	▲ 9%
Cash	€ 12,840 Cash 2022: € 12,840 First fiscal year in the series	€ 15,286 Cash 2023: € 15,286 ▲ 19% vs 2022 (€ 12,840) Favourable step	€ 17,279 Cash 2024: € 17,279 ▲ 13% vs 2023 (€ 15,286) Favourable step	€ 2,745 Cash 2025: € 2,745 ▼ 84% vs 2024 (€ 17,279) Unfavourable step	▼ 84%
Land & buildings	€ 1,275,902 Land & buildings 2022: € 1,275,902 First fiscal year in the series	€ 1,229,618 Land & buildings 2023: € 1,229,618 ▼ 4% vs 2022 (€ 1,275,902) Unchanged	€ 1,454,488 Land & buildings 2024: € 1,454,488 ▲ 18% vs 2023 (€ 1,229,618) Unchanged	€ 1,400,310 Land & buildings 2025: € 1,400,310 ▼ 4% vs 2024 (€ 1,454,488) Unchanged	▼ 4%
Retained profit	€ 402,627 Retained profit 2022: € 402,627 First fiscal year in the series	€ 364,886 Retained profit 2023: € 364,886 ▼ 9% vs 2022 (€ 402,627) Unfavourable step	€ 412,635 Retained profit 2024: € 412,635 ▲ 13% vs 2023 (€ 364,886) Favourable step	€ 141,892 Retained profit 2025: € 141,892 ▼ 66% vs 2024 (€ 412,635) Unfavourable step	▼ 66%
Bank debt	€ 1,269,899 Bank debt 2022: € 1,269,899 First fiscal year in the series	€ 1,172,704 Bank debt 2023: € 1,172,704 ▼ 8% vs 2022 (€ 1,269,899) Favourable step	€ 1,091,785 Bank debt 2024: € 1,091,785 ▼ 7% vs 2023 (€ 1,172,704) Favourable step	€ 990,752 Bank debt 2025: € 990,752 ▼ 9% vs 2024 (€ 1,091,785) Favourable step	▼ 9%
Balance sheet total	€ 2,336,913 Balance sheet total 2022: € 2,336,913 First fiscal year in the series	€ 2,162,710 Balance sheet total 2023: € 2,162,710 ▼ 7% vs 2022 (€ 2,336,913) Unchanged	€ 2,286,226 Balance sheet total 2024: € 2,286,226 ▲ 6% vs 2023 (€ 2,162,710) Unchanged	€ 2,088,315 Balance sheet total 2025: € 2,088,315 ▼ 9% vs 2024 (€ 2,286,226) Unchanged	▼ 9%
Employees (FTE)	1 Employees (FTE) 2022: 1 First fiscal year in the series	1 Employees (FTE) 2023: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2024: 1 Unchanged (1) Unchanged	1 Employees (FTE) 2025: 1 Unchanged (1) Unchanged

Key figures of R&H ASSOCIES, 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&H ASSOCIES?

What happened at R&H ASSOCIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Feb 27, 2026 New annual accounts for financial year 2025: loss of € 133,197 (▼ € 180,946 vs 2024). filed late Source: NBB ↗
2020 HS AVOCATS SRL became a director. NBB
2020 RS AVOCATS SRL became a director. NBB
Nov 30, 2005 New establishment in Watermaal-Bosvoorde. KBO
Nov 30, 2005 Start of the company according to the CBE. KBO

In short

From € 34,713 loss in 2022 to € 133,197 loss in 2025.

Paid € 66,277 in corporate taxes since 2022.

Best year ever: 2024, with € 47,748 profit.

On average € 84,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CDB AVOCAT 33.3%

HS AVOCATS 33%

RS AVOCATS 33%

The stake of CDB AVOCAT, HS AVOCATS, RS AVOCATS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

R&H ASSOCIES

SIMON & PARTNERS SRL 100%

Behind R&H ASSOCIES are HS AVOCATS SRL and RS AVOCATS SRL. The shares are held by CDB AVOCAT (33.3%), HS AVOCATS (33%) and RS AVOCATS (33%). It owns 100% of SIMON & PARTNERS SRL itself.

Directors

According to the 2025 annual accounts

HS AVOCATS SRL

Director · represented by Hugues SIMON

since 2020

RS AVOCATS SRL

Director · represented by Rachel SABBAH

since 2020

Shareholders

CDB AVOCAT

33.3%

HS AVOCATS

33%

RS AVOCATS

33%

Participations

SIMON & PARTNERS SRL

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Terhulpsesteenweg 177 box 8

1170 Watermaal-Bosvoorde

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0877.613.042

VAT number

BE 0877.613.042

Registered office

Terhulpsesteenweg 177 bus 8, 1170 Watermaal-Bosvoorde

Names & denominations

R&H ASSOCIES · R&H

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

30 November 2005

Peppol

Active · Active since 27 Mar 2026

Activities · NACE

Activiteiten van advocaten

Advocatenkantoor en juridische adviseurs

Activiteiten van hoofdkantoren

View on CBE Public ↗ Annual accounts (NBB) ↗