RAM
ActiveRAM has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €672k and a net result of €87k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 87% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
95
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+3
Solvency100=
Growth62▲+3
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 7.88 against 8.47 in 2024; short-term debt: 9.8% and cash: 62.9% of total assets), and 9.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.2%
Return on assets
11.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-06-2026, 54 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
54 d early
2024
52 d early
2023
33 d early
2022
82 d early
2021
55 d early
2020
56 d early
2019
55 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€166k▲ 19.7%
2024 · €139k
2018: €174k
2019: €171k
2020: €158k
2021: €182k
2022: €155k
2023: €162k
2024: €139k
2018 → 2025
EBIT margin
52.1%▲ 6.7pp
2024 · 45.4%
2018: 29.1%
2019: 30.3%
2020: 38.2%
2021: 47.6%
2022: 40.6%
2023: 41.3%
2024: 45.4%
2018 → 2025
Net result
€87k▲ 39.9%
2024 · €62k
2018: €50k
2019: €51k
2020: €60k
2021: €85k
2022: €57k
2023: €66k
2024: €62k
2018 → 2025
Working capital
€505k▲ 5.8%
2024 · €478k
2018: €349k
2019: €407k
2020: €447k
2021: €415k
2022: €434k
2023: €461k
2024: €478k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€182k-€155k▼ 15.0%€162k▲ 4.4%€139k▼ 14.2%€166k▲ 19.7%
Equity€650k-€647k▼ 0.4%€653k▲ 0.9%€655k▲ 0.3%€672k▲ 2.6%
Operating result€87k-€63k▼ 27.5%€67k▲ 6.2%€63k▼ 5.9%€86k▲ 37.6%
Net result€85k-€57k▼ 33.2%€66k▲ 15.8%€62k▼ 5.9%€87k▲ 39.9%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 38% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €746k
Fixed assets
€167k▼ 6.1%
Current assets
€579k▲ 6.9%
Equity and liabilities €746k
Equity
€672k▲ 2.6%
Debt
€73k▲ 14.9%
The debt ratio rises from 8.9% to 9.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €77k
Cash flow
€98k▲
2024 · €77k
Solvency
90.2%▼
2024 · 91.1%
Current ratio
7.88▼
2024 · 8.47
Quick ratio
7.88▼
2024 · 8.47
Debt / equity
0.11▲
2024 · 0.10
ROE
12.9%▲
2024 · 9.5%
ROA
11.7%▲
2024 · 8.6%
Interest coverage
2012.87▲
2024 · 1803.93
Debt
€73k▲
2024 · €64k
Debt ≤ 1 year
€73k▲
2024 · €64k
Income taxes
€1k▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€719k€746k▲
Fixed assets21/28€178k€167k▼
Tangible fixed assets22/27€178k€167k▼
Land and buildings22€175k€166k▼
Plant, machinery and equipment23€1k€524▼
Furniture and vehicles24€2k€895▼
Current assets29/58€541k€579k▲
Amounts receivable after more than one year29-€110k
Trade receivables290-€110k
Amounts receivable within one year40/41€112k-
Trade receivables40€112k-
Cash at bank and in hand54/58€429k€469k▲
Equity and liabilities
Total equity and liabilities10/49€719k€746k▲
Equity10/15€655k€672k▲
Contributions10/11€620k€620k=
Capital10€620k€620k=
Issued capital100€620k€620k=
Profit (loss) carried forward14€36k€53k▲
Amounts payable17/49€64k€73k▲
Amounts payable within one year42/48€64k€73k▲
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€60k€70k▲
Income statement
Code20242025
Turnover70€139k€166k▲
Non-recurring operating income76A€8k€8k▲
Goods, raw materials, services and sundry goods60/61€60k€66k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€11k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€86k€108k▲
Operating profit (loss)9901€63k€86k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€43€48▲
Recurring financial charges65€43€48▲
Profit (loss) for the period before taxes9903€64k€88k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€62k€87k▲
Profit (loss) for the period to be appropriated9905€62k€87k▲
Appropriation of the result
Profit (loss) to be appropriated9906€96k€123k▲
Profit (loss) brought forward from the previous period14P€34k€36k▲
Profit to be distributed694/7€60k€70k▲
Directors or managers695€60k€70k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €87k ▲39.9%
Net result €87k, the highest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
05-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
06-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
09-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bouillon · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de l'Arboretum 16830 BouillonGround area
496 m²
Building footprint
205 m²
Volume, LiDAR
1,884 m³
Parcel 84010C0440/00C000, Wallonia · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Arboretum 1, 6830 Bouillon
since 19932.062.110.924
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84010C0440/00C000 | Wallonia | 496 m² | 1 · 205 m² | 14.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PHILIP RIJCKAERT
BE 0471.955.082
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LA CLICHERIE BRUXELLOISE
BE 0535.976.864
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GOVU
BE 0435.146.156
Ledegem · Eq €673k
CENTRE D'AFFAIRES NATALIS
BE 0847.129.803
Liège · Eq €673k
D.P.G.
BE 0437.149.108
La Hulpe · Eq €673k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 5,003 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-04-1993
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
74872
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.