ACTIVE

R & S PROJECTS

Export PDF

Financial year 2024 · closed on 31/12/2024

Net result

238,3 k €

+254.9% YoY

Gross margin

1,1 M €

+24.9% YoY

Equity

613,6 k €

+63.5% YoY

Workforce

6,8 ETP

-11.7% YoY

What does R & S PROJECTS do?

R & S PROJECTS is a Private limited company incorporated in 1991. Its main activity is: Specialised construction activities. Its registered office is in Affligem. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0444.172.896

Incorporation

17/05/1991

Legal form

Private limited company

Registered office

Guchtveld 21
1790 Affligem · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2024

Average workforce

6,8 ETP

Activities (NACE)

43422Specialised construction activities· main 43996Other specialised construction activities n.e.c.43310Plastering 43310Plastering 43331Floor and wall covering 43331Floor and wall covering

Joint committees (2)

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,1 M €	+24.9%	842,4 k €	-9.3%	929 k €	+23.9%	749,6 k €	+13.0%	663,6 k €	-6.7%	710,9 k €	+21.7%	584,2 k €	-22.5%	753,7 k €	-14.9%	886 k €	+22.7%	722 k €	+1.5%	711,4 k €	+15.3%	617,1 k €	-26.8%	842,7 k €	-10.3%	939,1 k €	+176%	340,5 k €	+407%	67,2 k €	+933%	6,5 k €	+134%	-19,1 k €	-2837%	699 €
EBITDA	592,2 k €	+72.2%	343,9 k €	-21.7%	439,1 k €	+7.6%	408,1 k €	+30.6%	312,5 k €	-5.0%	329 k €	+243%	96,1 k €	+66.0%	57,9 k €	-75.9%	240,6 k €	-18.3%	294,4 k €	+1.4%	290,4 k €	+2.2%	284,3 k €	-28.2%	395,8 k €	-27.6%	546,5 k €	+124%	243,8 k €	+263%	67,2 k €	+933%	6,5 k €	+134%	-19,1 k €	-2837%	699 €
Operating result	373,5 k €	+199%	125,1 k €	-55.5%	281,4 k €	-0.8%	283,6 k €	-4.8%	298 k €	+2.0%	292,2 k €	+6972%	4,1 k €	+112%	-35,6 k €	-138%	94,8 k €	+60.5%	59 k €	-32.2%	87,1 k €	+4.7%	83,2 k €	-66.4%	247,5 k €	-37.6%	396,7 k €	+148%	159,7 k €	+466%	28,2 k €	+334%	6,5 k €	+134%	-19,1 k €	-13.6%	-16,8 k €
Net result	238,3 k €	+255%	67,1 k €	-68.0%	209,7 k €	-7.2%	225,8 k €	-11.6%	255,4 k €	+6.8%	239,1 k €	+5098%	-4,8 k €	+89.8%	-46,7 k €	-174%	62,7 k €	+15.7%	54,1 k €	-22.0%	69,4 k €	+13.2%	61,3 k €	-76.9%	265,7 k €	+43.6%	185,1 k €	+99.4%	92,8 k €	+291%	23,8 k €	+463%	4,2 k €	+109%	-44,6 k €	-140%	-18,6 k €
Balance sheet
Equity	613,6 k €	+63.5%	375,3 k €	+21.8%	308,2 k €	-5.0%	324,3 k €	+229%	98,5 k €	-3.5%	102,1 k €	+304%	25,3 k €	-15.9%	30,1 k €	-60.8%	76,7 k €	-89.8%	754,8 k €	+7.7%	700,7 k €	+11.0%	631,3 k €	+10.8%	569,9 k €	+87.4%	304,2 k €	+155%	119,1 k €	+354%	26,3 k €	+954%	2,5 k €	+244%	-1,7 k €	-104%	42,9 k €
Total assets	1,8 M €	-3.8%	1,9 M €	-5.0%	2 M €	+15.4%	1,7 M €	+5.1%	1,7 M €	+38.9%	1,2 M €	+20.1%	994,1 k €	-23.7%	1,3 M €	+15.5%	1,1 M €	-38.5%	1,8 M €	+9.5%	1,7 M €	-5.9%	1,8 M €	+11.7%	1,6 M €	+28.8%	1,2 M €	+73.2%	714,3 k €	+96.4%	363,7 k €	+2178%	16 k €	-55.7%	36 k €	-51.0%	73,5 k €
Cash	558,4 k €	-9.9%	620 k €	-5.1%	653,5 k €	+43.8%	454,5 k €	+2.3%	444,4 k €	+49.8%	296,7 k €	+53.4%	193,4 k €	-24.5%	256,1 k €	-3.4%	265 k €	-19.7%	330,2 k €	+17.3%	281,5 k €	+24.4%	226,3 k €	-28.2%	315,4 k €	+54.5%	204,1 k €	+134%	87,4 k €	+36.3%	64,1 k €	+6516%	969 €	-92.9%	13,7 k €	+310%	3,4 k €
Debts	1,2 M €	-21.4%	1,5 M €	-9.9%	1,7 M €	+20.4%	1,4 M €	-9.3%	1,6 M €	+43.4%	1,1 M €	+12.7%	962,3 k €	-24.1%	1,3 M €	+20.6%	1,1 M €	-2.5%	1,1 M €	+10.8%	972,4 k €	-11.2%	1,1 M €	+8.1%	1 M €	+10.0%	921,5 k €	+55.1%	594 k €	+76.7%	336,2 k €	+2890%	11,2 k €	-69.2%	36,6 k €	+20.0%	30,5 k €
Other
Workforce	6,8 ETP	-11.7%	7,7 ETP	-6.1%	8,2 ETP	+22.4%	6,7 ETP	-8.2%	7,3 ETP	-9.9%	8,1 ETP	-8.0%	8,8 ETP	-30.7%	12,7 ETP	-0.8%	12,8 ETP	+50.6%	8,5 ETP	-5.6%	9,0 ETP	+20.0%	7,5 ETP	-22.7%	9,7 ETP	+10.2%	8,8 ETP	+144%	3,6 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 5 ended

Active mandates

Filip Suls

Director

Active

Kristien Van Schandevijl

Director

Active

Ended mandates

Kristien VAN SCHANDEVIJL

Manager · since 01 juillet 2010

Ended

Filip SULS

Manager · since 30 septembre 2007

Ended

Emile SULS

Manager

Ended

Filip SULS

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
R & S CONSTRUCT● Active	0875.645.823
R & S INVEST● Active	0435.088.253

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	07/10/2025	25/10/2024	06/10/2023	04/10/2022	02/09/2021	13/10/2020
General meeting	30/09/2025	04/10/2024	29/09/2023	30/06/2022	31/08/2021	08/09/2020
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	30/09/2025	07/10/2025	Dutch	PDF
Abridged model	31/12/2023	04/10/2024	25/10/2024	Dutch	PDF
Abridged model	31/12/2022	29/09/2023	06/10/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	04/10/2022	Dutch	PDF
Abridged model	31/12/2020	31/08/2021	02/09/2021	Dutch	PDF
Abridged model	31/12/2019	08/09/2020	13/10/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	28/09/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	29/06/2013	18/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	23/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	01/07/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/07/2008	Dutch	PDF
Abridged model	31/12/2006	22/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 5 ended

Active mandates

Filip Suls

Director

Active

Kristien Van Schandevijl

Director

Active

Ended mandates

Kristien VAN SCHANDEVIJL

Manager · since 01 juillet 2010

Ended

Filip SULS

Manager · since 30 septembre 2007

Ended

Emile SULS

Manager

Ended

Filip SULS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/01/2024
WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2009
BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/10/2007
ONTSLAGEN - BENOEMINGEN - MAATSCHAPPELIJKE ZETEL
PDF
Registered office10/04/2006
MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2024238,3 k €↑
2023
Annual accounts 202367,1 k €↓
2022
Annual accounts 2022209,7 k €↓
2021
Annual accounts 2021225,8 k €↓
2020
Annual accounts 2020255,4 k €↑
2019
Annual accounts 2019239,1 k €↑
2018
Annual accounts 2018-4,8 k €↑
2017
Annual accounts 2017-46,7 k €↓
2016
Annual accounts 201662,7 k €↑
2015
Annual accounts 201554,1 k €↓
2014
Annual accounts 201469,4 k €↑
2013
Annual accounts 201361,3 k €↓
2012
Annual accounts 2012265,7 k €↑
2011
Annual accounts 2011185,1 k €↑
2010
Annual accounts 201092,8 k €↑
2009
Annual accounts 200923,8 k €↑
2008
Annual accounts 20084,2 k €↑
2007
Annual accounts 2007-44,6 k €↓
2006
Annual accounts 2006-18,6 k €
17/05/1991
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

R & S PROJECTS

Overview

What does R & S PROJECTS do?

Trend over 19 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