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R.M.

Open bankruptcy
Public limited companyfounded 1986KBO/BCE: BE 0428.721.489
Summary

A bankruptcy procedure is open for R.M. according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €2.6m and a net result of -€105,101.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
9 October 2025
Supervising judge
Kurt Dupon
Official Gazette
15-10-2025 (pdf) ↗search the document for 2025/141686

Deadlines

Provisional date payments stopped
9 April 2025Moved back by judgment of 23 April 2026. Payments and security you received since that day can in some cases be challenged by the curator.art. XX.105, XX.111 and XX.112 CEL
Appeal or third-party opposition until
passed on 30 October 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 8 November 2025art. XX.104 and XX.155 CEL
First verification report
passed on 5 December 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
9 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

R.M. was incorporated on 27 March 1986.1 Total assets rose from EUR 2.1 million in 2018 to EUR 6.5 million in 2022.2 On 9 October 2025 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022
  3. 3Belgian State Gazette, 15-10-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, abbreviated schema

Equity
€2.6m▼ 3.8%
2021 · €2.7m
Total assets
€6.5m▲ 4.5%
2021 · €6.2m
Net result
-€105,101▼ 1,065%
2021 · -€9,025
Working capital
-€87,578▲ 9.5%
2021 · -€96,777
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€1,294-€33,366▲ 2,478%€290,897▲ 772%€116,150▼ 60.1%-€58,277
Net result-€5,280-€21,806€1.3m▲ 5,887%-€9,025-€105,101▼ 1,065%
Equity€1.4m-€1.5m▲ 1.5%€2.8m▲ 89.9%€2.7m▼ 0.3%€2.6m▼ 3.8%
Total assets€2.1m-€2.1m=€4.0m▲ 84.7%€6.2m▲ 56.4%€6.5m▲ 4.5%
Debt€666,358-€647,563▼ 2.8%€1.1m▲ 66.3%€3.3m▲ 205%€3.7m▲ 11.8%
Working capital-€64,439--€14,383▲ 77.7%€641,446-€96,777-€87,578▲ 9.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5mOperating result 2018: €1,294€1,294Net result 2018: -€5,280-€5,280Operating result 2019: €33,366€33,366Net result 2019: €21,806€21,806Operating result 2020: €290,897€290,897Net result 2020: €1.3m€1.3mOperating result 2021: €116,150€116,150Net result 2021: -€9,025-€9,025Operating result 2022: -€58,277-€58,277Net result 2022: -€105,101-€105,10120182019202020212022-€500,000€0€500,000€1m€1.5mOperating result 2020: €290,897€291,000Net result 2020: €1.3m€1.3mOperating result 2021: €116,150€116,000Net result 2021: -€9,025-€9,020Operating result 2022: -€58,277-€58,300Net result 2022: -€105,101-€105,000202020212022
The operating result turns negative in 2022: a loss of €58,277 after €116,150 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6.5m
Fixed assets €4.0m ▲ 6.8%
Current assets €2.5m ▲ 1.1%
Equity and liabilities €6.5m
Equity €2.6m ▼ 3.8%
Provisions €163,428 ▼ 2.4%
Debt €3.7m ▲ 11.8%
Debt's share of the balance-sheet total rises from 53.0% to 56.7%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
-€13,941▼
2021 · €160,486
Cash flow
-€60,765▼
2021 · €35,311
Current ratio
0.97▲
2021 · 0.96
Debt to equity
1.39▲
2021 · 1.19
ROE
-4.0%▼
2021 · -0.3%
ROA
-1.6%▼
2021 · -0.1%
Interest coverage
-0.14▼
2021 · 1.50
Debt ≤ 1 year
€2.6m▲
2021 · €2.6m
Debt > 1 year
€937,773▲
2021 · €639,939
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 56 lines
Balance sheet Code20212022
Assets
Total assets20/58€6.2m€6.5m▲
Fixed assets21/28€3.7m€4.0m▲
Tangible fixed assets22/27€327,303€580,387▲
Land and buildings22€294,103€249,767▼
Assets under construction and advance payments27€33,200€330,620▲
Financial fixed assets28€3.4m€3.4m=
Current assets29/58€2.5m€2.5m▲
Amounts receivable within one year40/41€2.4m€2.4m▼
Other amounts receivable41€2.4m€2.4m▼
Cash at bank and in hand54/58€9,700€6▼
Deferred charges and accrued income490/1€66,564€118,419▲
Equity and liabilities
Total equity and liabilities10/49€6.2m€6.5m▲
Equity10/15€2.7m€2.6m▼
Contributions10/11€1.1m€1.1m=
Capital10€1.1m-
Issued capital100€1.1m-
Reserves13€700,398€692,521▼
Non-distributable reserves130/1€80,000€80,000=
Legal reserve130€80,000-
Reserves not available under the articles1311-€80,000
Tax-exempt reserves132€471,602€463,725▼
Distributable reserves133€148,796€148,796=
Profit (loss) carried forward14€928,889€831,664▼
Provisions and deferred taxes16€167,484€163,428▼
Deferred taxes168€167,484€163,428▼
Amounts payable17/49€3.3m€3.7m▲
Amounts payable after more than one year17€639,939€937,773▲
Financial debts170/4€639,939€937,773▲
Amounts payable within one year42/48€2.6m€2.6m▲
Current portion of amounts payable after more than one year42€59,979€61,176▲
Financial debts43€192,550-
Credit institutions430/8€192,550-
Trade debts44€3,763€17,279▲
Suppliers440/4€3,763€17,279▲
Taxes, remuneration and social security45€6,751€751▼
Taxes450/3€6,751€751▼
Other amounts payable47/48€2.3m€2.5m▲
Accrued charges and deferred income492/3€74,876€148,481▲
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44,336€44,336=
Other operating charges640/8€12,404€16,445▲
Gross operating margin9900€172,890€2,504▼
Operating profit (loss)9901€116,150-€58,277▼
Financial income75/76B€28,847€47,713▲
Recurring financial income75€28,847€47,713▲
Financial charges65/66B€107,069€98,593▼
Recurring financial charges65€107,069€98,593▼
Profit (loss) for the period before taxes9903€37,928-€109,157▼
Transfer from deferred taxes780€4,056€4,056=
Transfer to deferred taxes680€44,258-
Income taxes67/77€6,751-
Profit (loss) for the period9904-€9,025-€105,101▼
Transfer from tax-exempt reserves789€7,877€7,877=
Transfer to tax-exempt reserves689€137,773-
Profit (loss) for the period to be appropriated9905-€138,921-€97,224▲
Appropriation of the result
Profit (loss) to be appropriated9906€928,889€831,664▼
Profit (loss) brought forward from the previous period14P€1.1m€928,889▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€69,996€58,986€50,769€44,336€44,336=
Other operating charges640/8---€12,404€16,445▲ 32.6%
Gross operating margin9900€91,043€104,904€353,677€172,890€2,504▼ 98.6%
Operating profit (loss)9901€1,294€33,366€290,897€116,150-€58,277▼ 150%
Financial income75/76B---€28,847€47,713▲ 65.4%
Recurring financial income75€6,133€6,317€1.1m€28,847€47,713▲ 65.4%
Financial charges65/66B---€107,069€98,593▼ 7.9%
Recurring financial charges65€16,763€15,182€46,305€107,069€98,593▼ 7.9%
Profit (loss) for the period before taxes9903-€9,336€24,501€1.4m€37,928-€109,157▼ 388%
Transfer from deferred taxes780---€4,056€4,056=
Transfer to deferred taxes680---€44,258--
Income taxes67/77-€6,751-€6,751--
Profit (loss) for the period9904-€5,280€21,806€1.3m-€9,025-€105,101▼ 1,065%
Transfer from tax-exempt reserves789---€7,877€7,877=
Transfer to tax-exempt reserves689---€137,773--
Profit (loss) for the period to be appropriated9905€2,597€29,682€1.1m-€138,921-€97,224▲ 30.0%
Line20182019202020212022Change
Assets
Total assets20/58€2.1m€2.1m€4.0m€6.2m€6.5m▲ 4.5%
Fixed assets21/28€1.7m€1.7m€2.9m€3.7m€4.0m▲ 6.8%
Tangible fixed assets22/27€656,933€602,718€333,660€327,303€580,387▲ 77.3%
Land and buildings22---€294,103€249,767▼ 15.1%
Assets under construction and advance payments27---€33,200€330,620▲ 896%
Financial fixed assets28€1.1m€1.1m€2.6m€3.4m€3.4m=
Current assets29/58€436,402€489,572€1.0m€2.5m€2.5m▲ 1.1%
Amounts receivable within one year40/41€340,966€334,265€995,397€2.4m€2.4m▼ 0.7%
Other amounts receivable41---€2.4m€2.4m▼ 0.7%
Current investments50/53€82,213€82,213----
Cash at bank and in hand54/58€13,223€73,094€19,206€9,700€6▼ 99.9%
Deferred charges and accrued income490/1---€66,564€118,419▲ 77.9%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.1m€4.0m€6.2m€6.5m▲ 4.5%
Equity10/15€1.4m€1.5m€2.8m€2.7m€2.6m▼ 3.8%
Contributions10/11€1.1m€1.1m€1.1m€1.1m€1.1m=
Capital10---€1.1m--
Issued capital100---€1.1m--
Reserves13€325,036€318,234€570,502€700,398€692,521▼ 1.1%
Non-distributable reserves130/1---€80,000€80,000=
Legal reserve130---€80,000--
Reserves not available under the articles1311----€80,000-
Tax-exempt reserves132---€471,602€463,725▼ 1.7%
Distributable reserves133---€148,796€148,796=
Profit (loss) carried forward14-€13,973€14,635€1.1m€928,889€831,664▼ 10.5%
Provisions and deferred taxes16€50,110€46,054€127,282€167,484€163,428▼ 2.4%
Deferred taxes168---€167,484€163,428▼ 2.4%
Amounts payable17/49€666,358€647,563€1.1m€3.3m€3.7m▲ 11.8%
Amounts payable after more than one year17€165,518€143,608€699,918€639,939€937,773▲ 46.5%
Financial debts170/4---€639,939€937,773▲ 46.5%
Amounts payable within one year42/48€500,841€503,955€377,269€2.6m€2.6m▲ 0.7%
Current portion of amounts payable after more than one year42---€59,979€61,176▲ 2.0%
Financial debts43---€192,550--
Credit institutions430/8---€192,550--
Trade debts44€6,008€4,764€541€3,763€17,279▲ 359%
Suppliers440/4---€3,763€17,279▲ 359%
Taxes, remuneration and social security45---€6,751€751▼ 88.9%
Taxes450/3---€6,751€751▼ 88.9%
Other amounts payable47/48---€2.3m€2.5m▲ 8.7%
Accrued charges and deferred income492/3---€74,876€148,481▲ 98.3%
Line20182019202020212022Change
Profit (loss) for the period9904-€5,280€21,806€1.3m-€9,025-€105,101▼ 1,065%
+ Depreciation and write-downs630€69,996€58,986€50,769€44,336€44,336=
Operating cash flow (approximation)€64,716€80,791€1.4m€35,311-€60,765▼ 272%
Investment in fixed assets (approximation)--€4,770-€1.3m-€828,633-€297,420▲ 64.1%
Change in cash-€59,871-€53,888-€9,505-€9,695▼ 2.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
15-06
KBO administration Address struck
event 17-04-2026
05-05
Bankruptcy Date of cessation of payments moved back
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 23-04-2026
2025
15-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 09-10-2025
2023
07-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 129 days late
05-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 401 days late
21-02
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 16-02-2023
01-02
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 26-01-2023
2022
31-12
Financial Weakest financial yearnet -€105,101
Net result drops to -€105,101, the lowest in the series.
2021
26-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
31-12
Financial Highest result since 2018net €1.3m ▲5,887%
Operating result €290,897, net result €1.3m, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.70
Current ratio from 0.97 to 2.70; short-term debt falls from €503,955 to €377,269.
31-12
Financial Equity above €2mEq €2.8m ▲89.9%
2 profitable years in a row build equity to €2.8m.
Show earlier events
10-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €21,806
Net result €21,806 after one loss-making year.
24-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-07
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 13 acts read
About the unread acts

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
13 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1986
seat establishment approximate The establishment unit on the map
Ground area
200 m²
Building footprint
200 m²
Volume, LiDAR
1,847 m³
Parcel 11808H1176/00Y012, Flanders · tallest building 17.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
R.M.
NACE 70201
since 19862.036.008.620
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1176/00Y012 Flanders 200 m² 1 · 200 m² 17.8 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

3 mandates
Role Name Tenure
Curator JEAN HENDRICKX
LANGE LOZANASTRAAT 24, 2018 ANTWERPEN 1
09-10-2025 → present
Curator STéPHANE VAN MOORLEGHEM
MECHELSESTEENWEG 271/8.1, 2018 ANTWERPEN 1
09-10-2025 → present
Curator LOUIS WOUTERS
JAN VAN RIJSWIJCKLAAN 1-3, 2018 ANTWERPEN 1
26-01-2023 → 16-02-2023

Structure & network

Owners and holdings

1 owner · 1 holding · 6 subsidiaries in the tree

Chain of control

  1. Metropolis Real Estate 100%
  2. Moenshold 100%
  3. Verenigde Bouwpromotors 100%
  4. Immobiliën Moenssens 100%
  5. R.M.

Highest known parent: Metropolis Real Estate. The sources do not say who stands above it.

Owners 1

Holdings 1

All subsidiaries, including indirect ones 6

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2022 annual accounts of R.M. and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded27-03-1986
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0428721489
Registered 18-06-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.