NMRM MANAGEMENT
ActiveSummary
NMRM MANAGEMENT has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23,168 and a net result of €16,650. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 47% of 21,149 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-06-2013 Normal situation
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.219.575.180 1332 Rixensart, since 04-06-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €27,875
- ▼ 20.7%
- Turnover
- ≈ €96,000
- estimated
- Profit
- €16,650
- ▼ 26.8%
- Equity
- €23,168
- ▲ 255%
- Total assets
- €41,203
- ▲ 29.8%
Score breakdownlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 1.93, cash €11,627Size: total assets €41,203Equity €23,168 (56.2% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 49% of them on solvency, 50% on liquidity, 82% on profitability and 96% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 18-03-2026 PDF all 12 filings
Every figure per financial year
The operating result for 2025 is 29% lower than in 2024.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,032 | - | €1,114 | €11,912 |
| Depreciation and write-downs of the year | €352 | €142 | €1,011 | €1,382 | €3,753 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | - | €66,294 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €35,624 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €352 | €352 | €352 | €142 | €1,011 | €1,382 | €3,753 | ▲ 172% |
| Other operating charges640/8 | - | - | - | €639 | €433 | €477 | €485 | €501 | ▲ 3.2% |
| Gross operating margin9900 | €1,862 | €4,142 | -€1,599 | -€6,183 | €9,107 | €32,489 | €35,154 | €27,875 | ▼ 20.7% |
| Operating profit (loss)9901 | €991 | €3,013 | -€2,736 | -€7,175 | €8,532 | €31,001 | €33,287 | €23,622 | ▼ 29.0% |
| Financial income75/76B | - | - | - | - | €5 | - | - | - | - |
| Recurring financial income75 | - | - | - | - | €5 | - | - | - | - |
| Financial charges65/66B | - | - | - | €336 | €180 | €226 | €180 | €1,268 | ▲ 603% |
| Recurring financial charges65 | €163 | €280 | €359 | €336 | €180 | €226 | €180 | €1,268 | ▲ 603% |
| Profit (loss) for the period before taxes9903 | €828 | €2,734 | -€3,095 | -€7,511 | €8,357 | €30,774 | €33,107 | €22,354 | ▼ 32.5% |
| Income taxes67/77 | €189 | €1,919 | - | €197 | - | €6,600 | €10,369 | €5,704 | ▼ 45.0% |
| Profit (loss) for the period9904 | €639 | €814 | -€3,095 | -€7,708 | €8,357 | €24,174 | €22,738 | €16,650 | ▼ 26.8% |
| Profit (loss) for the period to be appropriated9905 | €639 | €814 | -€3,095 | -€7,708 | €8,357 | €24,174 | €22,738 | €16,650 | ▼ 26.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5,207 | €10,124 | €12,875 | €7,995 | €7,397 | €36,357 | €31,738 | €41,203 | ▲ 29.8% |
| Fixed assets21/28 | - | €705 | €352 | €0 | €2,890 | €1,879 | €1,611 | €9,771 | ▲ 506% |
| Tangible fixed assets22/27 | - | €705 | €352 | €0 | €2,890 | €1,879 | €1,611 | €9,771 | ▲ 506% |
| Furniture and vehicles24 | - | - | - | - | €2,890 | €1,879 | €1,611 | €9,771 | ▲ 506% |
| Current assets29/58 | €5,207 | €9,419 | €12,523 | €7,995 | €4,507 | €34,478 | €30,126 | €31,432 | ▲ 4.3% |
| Amounts receivable within one year40/41 | €286 | €2,710 | - | - | - | - | €14,000 | €19,500 | ▲ 39.3% |
| Trade receivables40 | - | - | - | - | - | - | €14,000 | €15,000 | ▲ 7.1% |
| Other amounts receivable41 | - | - | - | - | - | - | - | €4,500 | - |
| Current investments50/53 | - | - | - | - | - | - | - | €305 | - |
| Cash at bank and in hand54/58 | €4,921 | €6,709 | €12,523 | €7,995 | €4,507 | €34,478 | €16,126 | €11,627 | ▼ 27.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5,207 | €10,124 | €12,875 | €7,995 | €7,397 | €36,357 | €31,738 | €41,203 | ▲ 29.8% |
| Equity10/15 | €3,237 | €4,052 | €957 | -€6,752 | €1,606 | €6,280 | €6,518 | €23,168 | ▲ 255% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | - | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | €6,200 | €6,200 | - | - |
| Other1109/19 | - | - | - | - | - | €6,200 | €6,200 | - | - |
| Profit (loss) carried forward14 | -€2,963 | -€2,148 | -€5,243 | -€12,952 | -€4,594 | €80 | €318 | €16,968 | ▲ 53× |
| Amounts payable17/49 | €1,970 | €6,072 | €11,918 | €14,747 | €5,791 | €30,077 | €25,220 | €18,035 | ▼ 28.5% |
| Amounts payable within one year42/48 | €1,970 | €6,072 | €11,918 | €14,747 | €5,791 | €30,077 | €25,220 | €16,280 | ▼ 35.4% |
| Trade debts44 | €500 | - | - | - | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €887 | €817 | €13,888 | €2,331 | €1,717 | ▼ 26.3% |
| Taxes450/3 | - | - | - | €887 | €817 | €13,888 | €2,331 | €1,717 | ▼ 26.3% |
| Other amounts payable47/48 | - | - | - | €13,860 | €4,974 | €16,189 | €22,889 | €14,563 | ▼ 36.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €1,755 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €639 | €814 | -€3,095 | -€7,708 | €8,357 | €24,174 | €22,738 | €16,650 | ▼ 26.8% |
| + Depreciation and write-downs630 | - | €352 | €352 | €352 | €142 | €1,011 | €1,382 | €3,753 | ▲ 172% |
| Operating cash flow (approximation) | €639 | €1,167 | -€2,743 | -€7,356 | €8,500 | €25,185 | €24,120 | €20,402 | ▼ 15.4% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€3,032 | €0 | -€1,114 | -€11,912 | ▼ 969% |
| Change in cash | - | €1,788 | €5,814 | -€4,527 | -€3,489 | €29,971 | -€18,351 | -€4,499 | ▲ 75.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as NMRM MANAGEMENT has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of NMRM MANAGEMENT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for NMRM MANAGEMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-03-2026 | 2026-00061247 | |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00145295 | |
| 31-12-2023 | micro format | 12-06-2024 | 2024-00123982 | |
| 31-12-2022 | micro format | 02-07-2023 | 2023-00213293 | |
| 31-12-2021 | micro format | 02-07-2022 | 2022-20121934 | |
| 31-12-2020 | micro format | 03-06-2021 | 2021-17000095 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48900344 | |
| 31-12-2018 | micro format | 24-07-2019 | 2019-37700157 | |
| 31-12-2017 | micro format | 25-07-2018 | 2018-38500500 | |
| 31-12-2016 | micro format | 27-06-2017 | 2017-23300295 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 22-12-2023 Capital stated in the deed · 120 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| IONESCU Armand |
|
Network & group
NMRM MANAGEMENT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of NMRM MANAGEMENT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-12
Gazette deed
Change of role: IONESCU Armand, from manager to administrateur non statutaireAmendment of the articles · Capital conversion · Reserve release10 points ▸
- General meeting, 12-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “compte de capitaux propres statutairement indisponible, compte de capitaux propres “apports non appelés”” (deed in French)
- Reserve release, “conformément aux formes et majorités de la modification des statuts, supprimer le compte de capitaux propres statutairement indisponible” (deed in French)
- Capital
- Director resignation, IONESCU Armand (manager)
- Director appointment, IONESCU Armand (administrateur non statutaire)
- Director discharge, IONESCU Armand
- Other provision, “interdiction_de_gérer, n_a_pas_fait_objet_procédure_de_faillite_avec_interdiction_de_gérer_prononcée” (deed in French)
- Registered office clause, “Rue du Vallon 105, Rixensart” (deed in French)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
15 activities
- Toutes opérations quelconques commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à la réalisation de systèmes informatiques (software et ou hardware) et des techniques expérimentales dans les secteurs bureautique,informatique,de l'automatisation industrielle et de télécommunication
- L'analyse des besoins,la consultance,le développement,la mise en service,le support,la maintenance,la formation associés à la mise en oeuvre de tous projets dans les domaines cités ci-avant ;
- Le développement,l'achat,la vente,l'import-export,la location,réparation,maintenance et l'entretien de tout matériel et programme dans les domaines cités ci-avant ;
- La création,la production,l'achat,la vente,la valorisation,l'analyse,le développement,l'installation,le commissionnement,la mise à disposition ou prise en location de sites Internet,leur maintenance et l'écolage ;
- La cession,la concession,le courtage,le commissionnement et la prise de brevets,patentes,droits d'auteurs et tous autres droits intellectuels,ainsi que tout conseil en la matière ;
- La recherche scientifique et technologique ayant pour finalité l'exploitation et l'acquisition de brevets ;
- Toute mission d'expertise scientifique et technique dans le domaine de l'informatique ;
- Le commerce,l'achat,la vente,l'importation et l'exportation de produits alimentaires,vins et spiritueux. Cette liste n'étant pas limitative ;
- La consultation juridique ;
- L'enseignement au niveau universitaire de cours de mathématique,de science,d'informatique et de droit ;
- La publication d'articles et de livres dans le sens le plus large du terme ;
- Toutes opérations immobilières et notamment l'achat,la vente,la réalisation,la mise en valeur,la construction,le développement,la transformation,l'exploitation,la gestion,la rénovation,la location,l'échange et le lotissement de biens immobiliers ou de droits réels immobiliers ;
- L'organisation de trainings,séminaires,formations,ateliers,réunions,évènements,conférences,soirées,réceptions,symposia et congrès,tant en ce qui précède,que sur le plan culturel,sportif,scientifique et artistique,au sens le plus large,ainsi que la consultance en la matière. Cette liste étant énumérative et non limitative ;
- L'assistance et la participation à la gestion de toute affaire,entreprise,groupement,association ou société. La société peut exercer tout mandat d'administrateur ou gérant dans d'autres sociétés ;
- La prise de participation dans toutes affaires,associations,entreprises ou sociétés,que celles-ci soient industrielles,commerciales ou financières ainsi que la détention des titres représentatifs du capital desdites affaires,associations,entreprises ou sociétés,ou de tous droits de souscription,d'options,de warrants,etc ;
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 25033B0253/00D000 | Wallonia | 1,184 m² | 1 · 143 m² | 7.6 m · 2 |