ACTIVE

RS Construction

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Financial year 2025 · closed on 31/12/2025

Net result

342,4 k €

+98.1% YoY

Gross margin

483,6 k €

+51.1% YoY

Equity

442 k €

-11.5% YoY

Workforce

0,7 ETP

What does RS Construction do?

RS Construction is a Private limited company incorporated in 2017. Its registered office is in Liège. It employs on average 0,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0671.447.460

Incorporation

13/02/2017

Legal form

Private limited company

Registered office

Rue de la Révision 93
4032 Liège · WallonieSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

0,7 ETP

Joint committees (2)

11101
209

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2019		2018		2017
Income statement
Gross margin	483,6 k €	+51.1%	320,1 k €	-8.3%	349,2 k €	+41.3%	247,2 k €	+136%	104,6 k €	+36.1%	76,8 k €	-29.7%	109,3 k €
EBITDA	436,3 k €	+38.6%	314,8 k €	-8.6%	344,4 k €	+45.8%	236,2 k €	+132%	101,9 k €	+35.3%	75,3 k €	-29.0%	106,2 k €
Operating result	451,3 k €	+99.8%	225,8 k €	-26.6%	307,9 k €	+38.3%	222,7 k €	+150%	89,2 k €	+28.0%	69,7 k €	-32.3%	103 k €
Net result	342,4 k €	+98.1%	172,8 k €	-23.7%	226,4 k €	+38.7%	163,2 k €	+163%	62 k €	+24.0%	50 k €	-28.6%	70,1 k €
Balance sheet
Equity	442 k €	-11.5%	499,5 k €	+52.9%	326,7 k €	+91.1%	171 k €	+122%	77 k €	+11.9%	68,9 k €	+20.3%	57,3 k €
Total assets	1,6 M €	+52.6%	1,1 M €	+58.4%	672,5 k €	+4.7%	642,5 k €	+55.4%	413,4 k €	+80.3%	229,3 k €	+41.8%	161,7 k €
Cash	503,6 k €	+110%	240,3 k €	-15.4%	284,2 k €	+33.7%	212,6 k €	+177%	76,6 k €	+509%	12,6 k €	+76.2%	7,1 k €
Debts	1,2 M €	+111%	559,1 k €	+63.4%	342,1 k €	-26.7%	466,9 k €	+39.1%	335,7 k €	+109%	160,4 k €	+53.6%	104,4 k €
Other
Workforce	0,7 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 31/12/2025 · 2 active · 5 ended

Active mandates

ALLIANZ MANAGEMENT

Director · since 26 août 2021 · 0770.671.631

Represented by Raphaël LOLY

Active

SR HOLDING E ADMINISTRACAO LTDA

Director · since 13 février 2017 · 0668.503.214

Represented by Raphaël LOLY

Active

Ended mandates

Raphaël LOLY

Director · since 27 février 2017 · until 26 août 2021

Ended

Raphaël LOLY

Director · since 27 février 2017

Ended

Raphaël LOLY

Manager · since 27 février 2017

Ended

SR HOLDING E ADMINISTRACAO LTDA ENTE

Director · since 13 février 2017

Represented by Raphaël LOLY

Ended

At this address

Other companies at this address

Company	CBE no.
CHASSIS LICATA PRIAMO● Active	0808.609.618
GAUDER IMMO● Active	0890.487.021
RS CONSTRUCTION – EMSD● Active	1001.156.301
UNI-BAT● Bankrupt	0666.737.121

Annual accounts

Full financial information

	2025	2024	2023	2022	2020	2019
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/07/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/06/2022	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	18 months	18 months	12 months	12 months
Filing date	27/08/2026	04/07/2025	21/06/2024	17/11/2022	30/08/2021	27/10/2020
General meeting	24/08/2026	16/06/2025	15/06/2024	14/11/2022	25/08/2021	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

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Filings

Annual accounts filings

8 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	24/08/2026	27/08/2026	French	PDF
Abridged model	31/12/2024	16/06/2025	04/07/2025	French	PDF
Micro model	31/12/2023	15/06/2024	21/06/2024	French	PDF
Micro model	30/06/2022	14/11/2022	17/11/2022	French	PDF
Micro model	31/12/2020	25/08/2021	30/08/2021	French	PDF
Abridged model	31/12/2019	08/09/2020	27/10/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	28/05/2019	French	PDF
Abridged model	31/12/2017	16/06/2018	30/08/2018	French	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 31/12/2025 · 2 active · 5 ended

Active mandates

ALLIANZ MANAGEMENT

Director · since 26 août 2021 · 0770.671.631

Represented by Raphaël LOLY

Active

SR HOLDING E ADMINISTRACAO LTDA

Director · since 13 février 2017 · 0668.503.214

Represented by Raphaël LOLY

Active

Ended mandates

Raphaël LOLY

Director · since 27 février 2017 · until 26 août 2021

Ended

Raphaël LOLY

Director · since 27 février 2017

Ended

Raphaël LOLY

Manager · since 27 février 2017

Ended

SR HOLDING E ADMINISTRACAO LTDA ENTE

Director · since 13 février 2017

Represented by Raphaël LOLY

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/11/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - COMPTES ANNUELS - DIVERS - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
PDF
Registered office20/03/2020
SIEGE SOCIAL
PDF
Mandates24/09/2018
DEMISSIONS, NOMINATIONS
PDF
Other15/02/2017
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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

2025
Annual accounts 2025342,4 k €↑
2024
Annual accounts 2024172,8 k €↓
2023
Annual accounts 2023226,4 k €↑
2022
Annual accounts 2022163,2 k €↑
2019
Annual accounts 201962 k €↑
2018
Annual accounts 201850 k €↓
2017
Annual accounts 201770,1 k €
13/02/2017
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

RS Construction

Overview

What does RS Construction do?

Trend over 7 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