ACTIVE

RDS

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Financial year 2024 · closed on 31/12/2024

Net result

2,2 M €

+64.3% YoY

Gross margin

5,4 M €

+29.3% YoY

Equity

1,7 M €

+17.7% YoY

Workforce

26,6 ETP

+6.4% YoY

What does RDS do?

RDS is a Private limited company incorporated in 1987. Its registered office is in Harelbeke. It employs on average 26,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.454.821

Incorporation

13/02/1987

Legal form

Private limited company

Registered office

Spoorwegstraat 26
8530 Harelbeke · FlandreSee on map

Contributed capital

25 000,00 €

Latest accounts

31/12/2024

Average workforce

26,6 ETP

Joint committees (3)

14901
200
218

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	5,4 M €	+29.3%	4,1 M €	+23.2%	3,4 M €	+23.6%	2,7 M €	+50.6%	1,8 M €	-4.1%	1,9 M €	+22.1%	1,5 M €	+10.5%	1,4 M €	+35.2%	1,0 M €	+19.9%	860,1 k €	-7.3%	927,6 k €	+10.7%	837,9 k €	+3.4%	810,4 k €	-0.2%	812,2 k €	+21.9%	666,2 k €	-28.2%	927,4 k €	+1.3%	915,1 k €	+1.8%	898,7 k €
EBITDA	3,1 M €	+53.7%	2,0 M €	+38.7%	1,4 M €	+26.9%	1,1 M €	+40.1%	814,7 k €	-20.1%	1,0 M €	+53.3%	665,4 k €	+25.4%	530,5 k €	+84.1%	288,2 k €	+35.0%	213,6 k €	+14.6%	186,3 k €	+84.5%	101,0 k €	-60.3%	254,1 k €	-27.7%	351,4 k €	+172%	129,3 k €	-64.7%	366,8 k €	-18.7%	451,4 k €	-10.5%	504,1 k €
Operating result	2,4 M €	+62.7%	1,5 M €	+59.5%	918,8 k €	+56.7%	586,4 k €	+151%	233,4 k €	-51.7%	482,9 k €	+68.6%	286,4 k €	+25.9%	227,4 k €	+389%	46,5 k €	-6.7%	49,8 k €	-59.9%	124,5 k €	+64.6%	75,6 k €	-65.5%	218,8 k €	-35.4%	338,5 k €	+229%	102,8 k €	-70.8%	352,4 k €	-19.6%	438,1 k €	-11.2%	493,3 k €
Net result	2,2 M €	+64.3%	1,3 M €	+51.6%	884,2 k €	+62.3%	544,7 k €	+190%	188,1 k €	-49.3%	371,1 k €	+117%	170,8 k €	+2834%	5,8 k €	-98.1%	308,6 k €	+1737%	16,8 k €	-75.8%	69,4 k €	+82.3%	38,1 k €	-82.6%	218,7 k €	-24.4%	289,1 k €	+384%	59,7 k €	-76.6%	254,8 k €	-25.2%	340,6 k €	-8.6%	372,8 k €
Balance sheet
Equity	1,7 M €	+17.7%	1,4 M €	+13.8%	1,3 M €	-7.4%	1,4 M €	+2.1%	1,3 M €	+0.6%	1,3 M €	+8.7%	1,2 M €	+16.4%	1,0 M €	-18.0%	1,3 M €	+32.0%	964,4 k €	+1.8%	947,6 k €	+7.9%	878,2 k €	-5.6%	930,1 k €	+3.8%	896,5 k €	-11.4%	1,0 M €	+6.3%	952,7 k €	-13.2%	1,1 M €	+45.0%	757,2 k €
Total assets	9,1 M €	+28.0%	7,1 M €	+13.9%	6,3 M €	+7.9%	5,8 M €	+26.0%	4,6 M €	+16.3%	4,0 M €	+4.6%	3,8 M €	+10.7%	3,4 M €	-6.1%	3,6 M €	+20.6%	3,0 M €	+64.4%	1,8 M €	+3.9%	1,8 M €	+2.8%	1,7 M €	+10.0%	1,6 M €	+2.7%	1,5 M €	-7.2%	1,6 M €	-13.1%	1,9 M €	+25.2%	1,5 M €
Cash	1,2 M €	+50.7%	784,9 k €	-8.8%	860,4 k €	-2.2%	879,4 k €	+237%	260,6 k €	-40.8%	440,3 k €	+163%	167,4 k €	+35.7%	123,3 k €	+5.6%	116,8 k €	-16.9%	140,6 k €	+116%	65,1 k €	-61.5%	169,0 k €	+3.8%	162,8 k €	-22.8%	210,9 k €	-22.1%	270,9 k €	+8.4%	250,0 k €	-9.0%	274,6 k €	+19.3%	230,2 k €
Debts	7,4 M €	+31.0%	5,6 M €	+14.1%	4,9 M €	+12.9%	4,4 M €	+36.9%	3,2 M €	+25.8%	2,5 M €	+3.9%	2,4 M €	+8.5%	2,3 M €	+0.8%	2,2 M €	+9.5%	2,0 M €	+132%	881,0 k €	-0.1%	882,1 k €	+12.8%	782,2 k €	+18.6%	659,7 k €	+31.2%	503,0 k €	-25.8%	677,7 k €	-13.4%	782,2 k €	+5.0%	745,0 k €
Other
Workforce	26,6 ETP	+6.4%	25,0 ETP	-1.6%	25,4 ETP	+10.4%	23,0 ETP	+48.4%	15,5 ETP	+0.6%	15,4 ETP	+0.7%	15,3 ETP	0.0%	15,3 ETP	+21.4%	12,6 ETP	+1.6%	12,4 ETP	-5.3%	13,1 ETP	-2.2%	13,4 ETP	+22.9%	10,9 ETP	+23.9%	8,8 ETP	-12.0%	10,0 ETP	-8.3%	10,9 ETP	+7.9%	10,1 ETP	+8.6%	9,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

CONFIDENTIA J&A

Director · since 07 avril 2021 · 0817.184.616

Represented by Jurgen Gheeraert

Active

Ended mandates

CONFIDENTIA J&A

Director · since 07 avril 2021 · 0817.184.616

Represented by Jurgen Gheeraert

Ended

CONFIDENTIA J&A

Manager · since 01 octobre 2009 · 0817.184.616

Represented by Jurgen Gheeraert

Ended

CONFIDENTIA J&A

Director · since 01 octobre 2009 · 0817.184.616

Represented by Gheeraert Jurgen

Ended

CONFIDENTIA J&A

Director · 0817.184.616

Represented by Jurgen Gheeraert

Ended

At this address

Other companies at this address

Company	CBE no.
EENHEID RDS● Active	1005.660.663
J & A CONSTRUCTION● Active	1002.897.054

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	29/08/2024	27/07/2023	31/08/2022	25/06/2021	28/09/2020
General meeting	31/05/2025	25/05/2024	27/05/2023	28/05/2022	29/05/2021	05/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	31/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	27/05/2023	27/07/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	29/05/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/09/2020	28/09/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	31/07/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	26/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	28/07/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/05/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	31/05/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	25/05/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	23/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	25/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	26/06/2010	14/07/2010	Dutch	PDF
Abridged model	31/12/2008	27/06/2009	14/07/2009	Dutch	PDF
Abridged model	31/12/2007	31/05/2008	04/06/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	29/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

CONFIDENTIA J&A

Director · since 07 avril 2021 · 0817.184.616

Represented by Jurgen Gheeraert

Active

Ended mandates

CONFIDENTIA J&A

Director · since 07 avril 2021 · 0817.184.616

Represented by Jurgen Gheeraert

Ended

CONFIDENTIA J&A

Manager · since 01 octobre 2009 · 0817.184.616

Represented by Jurgen Gheeraert

Ended

CONFIDENTIA J&A

Director · since 01 octobre 2009 · 0817.184.616

Represented by Gheeraert Jurgen

Ended

CONFIDENTIA J&A

Director · 0817.184.616

Represented by Jurgen Gheeraert

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/04/2021
WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office14/07/2015
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares11/01/2013
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/11/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/05/2004
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/09/2003
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 20242,2 M €↑
2023
Annual accounts 20231,3 M €↑
2022
Annual accounts 2022884,2 k €↑
2021
Annual accounts 2021544,7 k €↑
2019
Annual accounts 2019188,1 k €↓
2018
Annual accounts 2018371,1 k €↑
2017
Annual accounts 2017170,8 k €↑
2016
Annual accounts 20165,8 k €↓
2015
Annual accounts 2015308,6 k €↑
2014
Annual accounts 201416,8 k €↓
2013
Annual accounts 201369,4 k €↑
2012
Annual accounts 201238,1 k €↓
2011
Annual accounts 2011218,7 k €↓
2010
Annual accounts 2010289,1 k €↑
2009
Annual accounts 200959,7 k €↓
2008
Annual accounts 2008254,8 k €↓
2007
Annual accounts 2007340,6 k €↓
2006
Annual accounts 2006372,8 k €
13/02/1987
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RDS

Overview

What does RDS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline