ACTIVE

RC Development

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Financial year 2025 · closed on 30/09/2025
Net result
100,8 k €
-94.3% YoY
Gross margin
-1,2 M €
-150.8% YoY
Equity
2,9 M €
+3.6% YoY
Workforce
1,0 ETP

What does RC Development do?

RC Development is a Private limited company incorporated in 2020. Its main activity is: Development of building projects. Its registered office is in Antwerpen. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0760.346.178
Incorporation
21/12/2020
Legal form
Private limited company
Registered office
Napoleonkaai 15
2000 Antwerpen · FlandreSee on map
Contributed capital
200 000,00 €
Latest accounts
30/09/2025
Average workforce
1,0 ETP
Activities (NACE)
41101Development of building projects· main68121Buying and selling of own real estate41003Construction of buildings41203Construction of residential and non-residential buildings64200Activities of holding companies64210Activities of holding companies+4
Joint committees (1)
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2025202420232022
Income statement
Gross margin-1,2 M €2,4 M €-211,1 k €29,6 k €
EBITDA-1,3 M €2,4 M €-211,7 k €26,5 k €
Operating result-1,3 M €2,4 M €-211,7 k €26,5 k €
Net result100,8 k €1,8 M €-340,6 k €1,2 M €
Balance sheet
Equity2,9 M €2,8 M €1,1 M €1,4 M €
Total assets3,7 M €4,7 M €6,4 M €1,5 M €
Cash876,8 k €701,4 k €13,0 k €649,1 k €
Debts786,1 k €1,9 M €5,3 M €119,3 k €
Other
Workforce1,0 ETP0,0 ETP0,0 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 30/09/2025 · 2 active · 4 ended

Active mandates

DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk De Witte

Active
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Timothy Hens

Active

Ended mandates

DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk DE WITTE

Ended
DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk De Witte

Ended
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Timothy HENS

Ended
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Tim Hens

Ended
At this address

Other companies at this address

CompanyCBE no.
DIDOREC● Active
0841.692.556
RCD1● Active
1030.905.310
RETAIL CAPITAL● Active
0842.083.427
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/12/2020
Closing of the financial year30/09/202530/09/202430/09/202330/09/2022
Length of the financial year12 months12 months12 months22 months
Filing date25/03/202629/04/202524/04/202427/04/2023
General meeting17/03/202630/03/202519/03/202431/03/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202517/03/202625/03/2026DutchPDF
Abridged model30/09/202430/03/202529/04/2025DutchPDF
Abridged model30/09/202319/03/202424/04/2024DutchPDF
Abridged model30/09/202231/03/202327/04/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 30/09/2025 · 2 active · 4 ended

Active mandates

DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk De Witte

Active
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Timothy Hens

Active

Ended mandates

DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk DE WITTE

Ended
DIDOREC

Director · since 21 décembre 2020 · 0841.692.556

Represented by Dirk De Witte

Ended
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Timothy HENS

Ended
READCO

Director · since 21 décembre 2020 · 0894.458.279

Represented by Tim Hens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other23/12/2020
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025100,8 k €↓
  2. 2024
    Annual accounts 20241,8 M €↑
  3. 2023
    Annual accounts 2023-340,6 k €↓
  4. 2022
    Annual accounts 20221,2 M €
  5. 21/12/2020
    IncorporationPrivate limited company