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R.M.A.

Active
Private limited company (pre-2019)founded 200917 yrs activeTourcoingstraat 81, 7700 Mouscron, BelgiumKBO/BCE: BE 0809.978.902
Summary

R.M.A. has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93,151 and a net result of €137,055. Equity is shrinking by ~48.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+14
Solvency52▲+35
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.18 against 0.6 in 2023; short-term debt: 26.7% and cash: 15.2% of total assets), but 72.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-06-2026, 309 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
309 d late
2023
180 d late
2022
79 d late
2021
115 d late
2020
125 d late
2019
102 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 152 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 February 2009, R.M.A. was incorporated.1 Total assets went from EUR 464,386 in 2018 to EUR 341,944 in 2024 and headcount from 2.5 to 0.3 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€93,151
2023 · -€43,904
Total assets
€341,944▼ 36.0%
2023 · €534,546
Net result
€137,055▲ 4,669%
2023 · €2,874
Working capital
€199,446
2023 · -€89,057
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
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
Line20202021202220232024
Operating result€3,239▼ 67.6%€11,223▲ 247%-€13,112€15,596€261,015▲ 1,574%
Net result-€14,975▼ 74.5%-€4,167▲ 72.2%-€27,091▼ 550%€2,874€137,055▲ 4,669%
Equity-€15,519▼ 2,750%-€19,686▼ 26.9%-€46,777▼ 138%-€43,904▲ 6.1%€93,151
Total assets€691,849▼ 11.2%€588,984▼ 14.9%€593,192▲ 0.7%€534,546▼ 9.9%€341,944▼ 36.0%
Debt€707,368▼ 9.3%€608,670▼ 14.0%€639,970▲ 5.1%€578,450▼ 9.6%€248,792▼ 57.0%
Working capital€34,123€6,973▼ 79.6%-€121,045-€89,057▲ 26.4%€199,446
Staff (FTE)1.8=1.8=1.8=1▼ 44.4%0.3▼ 70.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2020: €3,239€3,239Net result 2020: -€14,975-€14,975Operating result 2021: €11,223€11,223Net result 2021: -€4,167-€4,167Operating result 2022: -€13,112-€13,112Net result 2022: -€27,091-€27,091Operating result 2023: €15,596€15,596Net result 2023: €2,874€2,874Operating result 2024: €261,015€261,015Net result 2024: €137,055€137,05520202021202220232024-€100,000€0€100,000€200,000€300,000Operating result 2022: -€13,112-€13,100Net result 2022: -€27,091-€27,100Operating result 2023: €15,596€15,600Net result 2023: €2,874€2,870Operating result 2024: €261,015€261,000Net result 2024: €137,055€137,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1,574% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €341,944
Fixed assets €51,173 ▼ 87.2%
Current assets €290,770 ▲ 118%
Equity and liabilities €341,944
Equity €93,151
Debt €248,792
Debt finances 72.8% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€286,742▲
2023 · €106,066
Cash flow
€162,782▲
2023 · €93,344
Current ratio
3.18▲
2023 · 0.60
Debt to equity
2.67
ROE
147.1%
ROA
40.1%▲
2023 · 0.5%
Interest coverage
3.92▼
2023 · 8.45
Debt ≤ 1 year
€91,324▼
2023 · €222,642
Debt > 1 year
€157,468▼
2023 · €355,808
Income taxes
€50,737▲
2023 · €174
Staff costs
€20,876▼
2023 · €49,889
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,053 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.4% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,053 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€534,546€341,944▼
Fixed assets21/28€400,962€51,173▼
Intangible fixed assets21€324,062-
Tangible fixed assets22/27€76,901€51,173▼
Land and buildings22€76,339€50,893▼
Plant, machinery and equipment23€561€281▼
Current assets29/58€133,584€290,770▲
Amounts receivable after more than one year29-€78,400
Trade receivables290-€78,400
Amounts receivable within one year40/41€117,342€60,331▼
Trade receivables40€44,908€60,106▲
Other amounts receivable41€72,434€226▼
Current investments50/53-€100,000
Cash at bank and in hand54/58€16,242€52,039▲
Equity and liabilities
Total equity and liabilities10/49€534,546€341,944▼
Equity10/15-€43,904€93,151▲
Contributions10/11€6,700€6,700=
Profit (loss) carried forward14-€50,604€86,451▲
Amounts payable17/49€578,450€248,792▼
Amounts payable after more than one year17€355,808€157,468▼
Financial debts170/4€355,808€157,468▼
Amounts payable within one year42/48€222,642€91,324▼
Current portion of amounts payable after more than one year42€61,356€21,045▼
Financial debts43€5,096€4,254▼
Credit institutions430/8€5,096€4,254▼
Trade debts44€33,462€9,797▼
Suppliers440/4€33,462€9,797▼
Taxes, remuneration and social security45€13,107€50,737▲
Taxes450/3€812€50,737▲
Remuneration and social security454/9€12,295-
Other amounts payable47/48€109,621€5,491▼
Income statement Code20232024
Non-recurring operating income76A-€375,938
Remuneration, social security and pensions62€49,889€20,876▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90,470€25,727▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€72,209
Other operating charges640/8€5,430€5,758▲
Gross operating margin9900€161,385€385,585▲
Operating profit (loss)9901€15,596€261,015▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€12,548€73,233▲
Recurring financial charges65€12,548€73,233▲
Profit (loss) for the period before taxes9903€3,048€187,792▲
Income taxes67/77€174€50,737▲
Profit (loss) for the period9904€2,874€137,055▲
Profit (loss) for the period to be appropriated9905€2,874€137,055▲
Appropriation of the result
Profit (loss) to be appropriated9906-€50,604€86,451▲
Profit (loss) brought forward from the previous period14P-€53,477-€50,604▲

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€16,000-€375,938-
Remuneration, social security and pensions62-€46,614€65,037€49,889€20,876▼ 58.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96,750€87,817€95,964€90,470€25,727▼ 71.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€72,209-
Other operating charges640/8-€5,557€5,981€5,430€5,758▲ 6.0%
Gross operating margin9900€178,603€151,211€153,869€161,385€385,585▲ 139%
Operating profit (loss)9901€3,239€11,223-€13,112€15,596€261,015▲ 1,574%
Financial income75/76B--€7-€10-
Recurring financial income75€94-€7-€10-
Financial charges65/66B-€14,979€13,682€12,548€73,233▲ 484%
Recurring financial charges65€17,897€14,748€13,682€12,548€73,233▲ 484%
Non-recurring financial charges66B-€231----
Profit (loss) for the period before taxes9903-€14,565-€3,756-€26,787€3,048€187,792▲ 6,061%
Income taxes67/77€410€411€304€174€50,737▲ 29,056%
Profit (loss) for the period9904-€14,975-€4,167-€27,091€2,874€137,055▲ 4,669%
Profit (loss) for the period to be appropriated9905-€14,975-€4,167-€27,091€2,874€137,055▲ 4,669%
Line20202021202220232024Change
Assets
Total assets20/58€691,849€588,984€593,192€534,546€341,944▼ 36.0%
Fixed assets21/28€550,213€462,396€491,432€400,962€51,173▼ 87.2%
Intangible fixed assets21€377,638€326,000€388,062€324,062--
Tangible fixed assets22/27€172,575€136,396€103,370€76,901€51,173▼ 33.5%
Land and buildings22-€127,516€101,790€76,339€50,893▼ 33.3%
Plant, machinery and equipment23-€1,123€842€561€281▼ 50.0%
Furniture and vehicles24-€7,757€738---
Current assets29/58€141,636€126,588€101,761€133,584€290,770▲ 118%
Amounts receivable after more than one year29----€78,400-
Trade receivables290----€78,400-
Amounts receivable within one year40/41€105,200€108,203€83,275€117,342€60,331▼ 48.6%
Trade receivables40-€9,491€33,341€44,908€60,106▲ 33.8%
Other amounts receivable41-€98,713€49,934€72,434€226▼ 99.7%
Current investments50/53----€100,000-
Cash at bank and in hand54/58€36,436€18,384€18,485€16,242€52,039▲ 220%
Equity and liabilities
Total equity and liabilities10/49€691,849€588,984€593,192€534,546€341,944▼ 36.0%
Equity10/15-€15,519-€19,686-€46,777-€43,904€93,151▲ 312%
Contributions10/11-€6,700€6,700€6,700€6,700=
Profit (loss) carried forward14-€22,219-€26,386-€53,477-€50,604€86,451▲ 271%
Amounts payable17/49€707,368€608,670€639,970€578,450€248,792▼ 57.0%
Amounts payable after more than one year17€599,855€489,055€417,165€355,808€157,468▼ 55.7%
Financial debts170/4-€489,055€417,165€355,808€157,468▼ 55.7%
Amounts payable within one year42/48€107,513€119,615€222,805€222,642€91,324▼ 59.0%
Current portion of amounts payable after more than one year42-€72,893€87,239€61,356€21,045▼ 65.7%
Financial debts43-€6,229€6,979€5,096€4,254▼ 16.5%
Credit institutions430/8-€6,229€6,979€5,096€4,254▼ 16.5%
Trade debts44€24,389€34,435€36,849€33,462€9,797▼ 70.7%
Suppliers440/4-€34,435€36,849€33,462€9,797▼ 70.7%
Taxes, remuneration and social security45-€6,059€8,017€13,107€50,737▲ 287%
Taxes450/3-€821€304€812€50,737▲ 6,150%
Remuneration and social security454/9-€5,238€7,714€12,295--
Other amounts payable47/48--€83,722€109,621€5,491▼ 95.0%
Line20202021202220232024Change
Profit (loss) for the period9904-€14,975-€4,167-€27,091€2,874€137,055▲ 4,669%
+ Depreciation and write-downs630€96,750€87,817€95,964€90,470€25,727▼ 71.6%
Operating cash flow (approximation)€81,776€83,650€68,873€93,344€162,782▲ 74.4%
Investment in fixed assets (approximation)-€0-€125,000€0€324,062-
Change in cash--€18,051€101-€2,243€35,797▲ 1,696%

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
05-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 309 days late
2025
27-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 180 days late
2024
31-12
Financial Highest result since 2018net €137,055 ▲4,669%
Operating result €261,015, net result €137,055, both a record.
31-12
Financial Liquidity times 5current ratio 3.18
Current ratio from 0.60 to 3.18; short-term debt falls from €222,642 to €91,324.
2023
31-12
Financial Back to profitnet €2,874
Net result €2,874 after 4 loss-making years.
18-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 79 days late
2022
31-12
Financial Weakest financial yearnet -€27,091
Net result drops to -€27,091, the lowest in the series; recovery starts the following year.
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
03-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 125 days late
2020
10-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
09-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
26-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
22-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
490 m²
Building footprint
49 m²
Volume, LiDAR
510 m³
Parcel 54433E0786/00G014, Wallonia · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
R.M.A.
Tourcoingstraat 81, 7700 MouscronActivities auxiliary to financial services and insurance activities
since 20092.179.280.291
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54433E0786/00G014 Wallonia 490 m² 1 · 49 m² 13.0 m · 3 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.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded23-02-2009
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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