RAM CONSULTANCY

Active

Public limited companyfounded 199333 yrs activeZeegrasstraat 36, 8301 Knokke-Heist, BelgiumKBO/BCE: BE 0449.567.185

Summary

RAM CONSULTANCY has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425,354 and a net result of -€5,234. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 48% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysis Watch Report Compare

RAM CONSULTANCYActiveChecked score 73/100

Risk analysis Report Compare

Checked score

Score 2025

73 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability18=

Solvency76▼-1

Growth32=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €30,000 at 30 days acceptable

Liquidity ample (current ratio 2.31 against 2.28 in 2024; short-term debt: 19.5% of total assets), and 49.2% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Activities of head offices; management consultancy activities (NACE 70)

about 69% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

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

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

30 d early

2024

30 d early

2023

27 d early

2022

4 d early

2021

10 d late

2020

4 d early

2019

8 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 4 April (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

29-09-2026 today30-09-2026 close30-04-2027 deadline

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

RAM CONSULTANCY was incorporated on 5 March 1993.¹ Total assets rose from EUR 742,867 in 2018 to EUR 836,972 in 2025.²

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

Financials · fiscal year 2025, abbreviated schema

Equity

€425,354▼ 1.2%

2024 · €430,588

Total assets

€836,972▲ 1.4%

2024 · €825,342

Net result

-€5,234▲ 20.5%

2024 · -€6,581

Working capital

€213,582▲ 5.5%

2024 · €202,469

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result-€1,614▲ 59.9%-€19,604▼ 1,115%-€16,430▲ 16.2%-€10,812▲ 34.2%-€9,375▲ 13.3%

Net result€2,065▲ 587%-€12,774-€9,705▲ 24.0%-€6,581▲ 32.2%-€5,234▲ 20.5%

Equity€459,648▲ 0.5%€446,874▼ 2.8%€437,169▼ 2.2%€430,588▼ 1.5%€425,354▼ 1.2%

Total assets€804,098▲ 0.4%€800,890▼ 0.4%€814,650▲ 1.7%€825,342▲ 1.3%€836,972▲ 1.4%

Debt€344,449▲ 0.3%€354,016▲ 2.8%€377,481▲ 6.6%€394,755▲ 4.6%€411,619▲ 4.3%

Working capital€186,527▲ 6.7%€185,716▼ 0.4%€191,511▲ 3.1%€202,469▲ 5.7%€213,582▲ 5.5%

Solvency57.2%=55.8%▼ 1.4pp53.7%▼ 2.1pp52.2%▼ 1.5pp50.8%▼ 1.4pp

Current ratio2.40▲ 0.092.33▼ 0.072.26▼ 0.072.28▲ 0.022.31▲ 0.03

Return on assets (ROA)0.3%▲ 0.2pp-1.6%▼ 1.9pp-1.2%▲ 0.4pp-0.8%▲ 0.4pp-0.6%▲ 0.2pp

Staff (FTE)0

above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €9,375 in 2025 against €10,812 in 2024; the loss shrinks.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €836,972

54.9%

45.1%

Fixed assets €459,881 ▼ 1.0%

Current assets €377,091 ▲ 4.4%

Equity and liabilities €836,972

50.8%

49.2%

Equity €425,354 ▼ 1.2%

Debt €411,619 ▲ 4.3%

Debt's share of the balance-sheet total rises from 47.8% to 49.2%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

-€4,959▼

2024 · -€4,009

Cash flow

-€818▼

2024 · €222

Debt to equity

0.97▲

2024 · 0.92

ROE

-1.2%▲

2024 · -1.5%

Interest coverage

-0.43▼

2024 · -0.35

Debt ≤ 1 year

€163,509▲

2024 · €158,576

Debt > 1 year

€214,708=

2024 · €214,708

Income taxes

€533▲

2024 · €491

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines

Balance sheet Code20242025

Assets

Total assets20/58€825,342€836,972▲

Fixed assets21/28€464,298€459,881▼

Tangible fixed assets22/27€8,173€3,757▼

Furniture and vehicles24€8,173€3,757▼

Financial fixed assets28€456,124€456,124=

Current assets29/58€361,045€377,091▲

Amounts receivable after more than one year29€322,537€322,537=

Other amounts receivable291€322,537€322,537=

Amounts receivable within one year40/41€3,654€3,573▼

Trade receivables40€3,577€2,285▼

Other amounts receivable41€76€1,288▲

Deferred charges and accrued income490/1€34,854€50,981▲

Equity and liabilities

Total equity and liabilities10/49€825,342€836,972▲

Equity10/15€430,588€425,354▼

Contributions10/11€30,987€30,987=

Capital10€30,987€30,987=

Issued capital100€30,987€30,987=

Reserves13€3,099€3,099=

Non-distributable reserves130/1€3,099€3,099=

Legal reserve130€3,099€3,099=

Profit (loss) carried forward14€396,502€391,268▼

Amounts payable17/49€394,755€411,619▲

Amounts payable after more than one year17€214,708€214,708=

Other amounts payable178/9€214,708€214,708=

Amounts payable within one year42/48€158,576€163,509▲

Financial debts43€4,343€4,974▲

Credit institutions430/8€4,343€4,974▲

Trade debts44€81,655€78,145▼

Suppliers440/4€81,655€78,145▼

Taxes, remuneration and social security45€491€533▲

Taxes450/3€491€533▲

Other amounts payable47/48€72,088€79,858▲

Accrued charges and deferred income492/3€21,471€33,402▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,804€4,416▼

Other operating charges640/8€282€673▲

Gross operating margin9900-€3,726-€4,285▼

Operating profit (loss)9901-€10,812-€9,375▲

Financial income75/76B€16,157€16,127▼

Recurring financial income75€16,157€16,127▼

Financial charges65/66B€11,435€11,453▲

Recurring financial charges65€11,435€11,453▲

Profit (loss) for the period before taxes9903-€6,090-€4,701▲

Income taxes67/77€491€533▲

Profit (loss) for the period9904-€6,581-€5,234▲

Profit (loss) for the period to be appropriated9905-€6,581-€5,234▲

Appropriation of the result

Profit (loss) to be appropriated9906€396,502€391,268▼

Profit (loss) brought forward from the previous period14P€403,083€396,502▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€8,800	€8,709	€7,119	€6,804	€4,416	▼ 35.1%
Other operating charges640/8	€1,960	€1,950	€3,565	€282	€673	▲ 138%
Non-recurring operating charges66A	-	-	€1,626	-	-	-
Gross operating margin9900	€9,146	-€8,944	-€4,120	-€3,726	-€4,285	▼ 15.0%
Operating profit (loss)9901	-€1,614	-€19,604	-€16,430	-€10,812	-€9,375	▲ 13.3%
Financial income75/76B	€18,674	€18,313	€18,737	€16,157	€16,127	▼ 0.2%
Recurring financial income75	€18,674	€18,313	€18,737	€16,157	€16,127	▼ 0.2%
Financial charges65/66B	€10,534	€10,942	€11,442	€11,435	€11,453	▲ 0.2%
Recurring financial charges65	€10,534	€10,942	€11,442	€11,435	€11,453	▲ 0.2%
Profit (loss) for the period before taxes9903	€6,526	-€12,232	-€9,136	-€6,090	-€4,701	▲ 22.8%
Income taxes67/77	€4,461	€542	€570	€491	€533	▲ 8.6%
Profit (loss) for the period9904	€2,065	-€12,774	-€9,705	-€6,581	-€5,234	▲ 20.5%
Profit (loss) for the period to be appropriated9905	€2,065	-€12,774	-€9,705	-€6,581	-€5,234	▲ 20.5%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€804,098	€800,890	€814,650	€825,342	€836,972	▲ 1.4%
Fixed assets21/28	€484,576	€475,866	€471,101	€464,298	€459,881	▼ 1.0%
Tangible fixed assets22/27	€28,451	€19,742	€14,977	€8,173	€3,757	▼ 54.0%
Furniture and vehicles24	€28,451	€19,742	€14,977	€8,173	€3,757	▼ 54.0%
Financial fixed assets28	€456,124	€456,124	€456,124	€456,124	€456,124	=
Current assets29/58	€319,522	€325,024	€343,549	€361,045	€377,091	▲ 4.4%
Amounts receivable after more than one year29	€281,201	€301,700	€322,537	€322,537	€322,537	=
Other amounts receivable291	€281,201	€301,700	€322,537	€322,537	€322,537	=
Amounts receivable within one year40/41	€18,737	€4,077	€2,285	€3,654	€3,573	▼ 2.2%
Trade receivables40	€2,500	€3,600	€2,285	€3,577	€2,285	▼ 36.1%
Other amounts receivable41	€16,237	€477	€0	€76	€1,288	▲ 1,586%
Deferred charges and accrued income490/1	€19,584	€19,247	€18,727	€34,854	€50,981	▲ 46.3%
Equity and liabilities
Total equity and liabilities10/49	€804,098	€800,890	€814,650	€825,342	€836,972	▲ 1.4%
Equity10/15	€459,648	€446,874	€437,169	€430,588	€425,354	▼ 1.2%
Contributions10/11	€30,987	€30,987	€30,987	€30,987	€30,987	=
Capital10	€30,987	€30,987	€30,987	€30,987	€30,987	=
Issued capital100	€30,987	€30,987	€30,987	€30,987	€30,987	=
Reserves13	€3,099	€3,099	€3,099	€3,099	€3,099	=
Non-distributable reserves130/1	€3,099	€3,099	€3,099	€3,099	€3,099	=
Legal reserve130	€3,099	€3,099	€3,099	€3,099	€3,099	=
Profit (loss) carried forward14	€425,563	€412,789	€403,083	€396,502	€391,268	▼ 1.3%
Amounts payable17/49	€344,449	€354,016	€377,481	€394,755	€411,619	▲ 4.3%
Amounts payable after more than one year17	€200,738	€204,483	€214,708	€214,708	€214,708	=
Financial debts170/4	€5,992	€0	-	-	-	-
Other amounts payable178/9	€194,746	€204,483	€214,708	€214,708	€214,708	=
Amounts payable within one year42/48	€132,995	€139,308	€152,038	€158,576	€163,509	▲ 3.1%
Current portion of amounts payable after more than one year42	€8,876	€5,992	€0	-	-	-
Financial debts43	€1,377	€4,034	€4,929	€4,343	€4,974	▲ 14.5%
Credit institutions430/8	€1,377	€4,034	€4,929	€4,343	€4,974	▲ 14.5%
Trade debts44	€80,755	€81,083	€81,995	€81,655	€78,145	▼ 4.3%
Suppliers440/4	€80,755	€81,083	€81,995	€81,655	€78,145	▼ 4.3%
Taxes, remuneration and social security45	€8,787	€3,510	€1,717	€491	€533	▲ 8.6%
Taxes450/3	€8,787	€3,510	€1,717	€491	€533	▲ 8.6%
Other amounts payable47/48	€33,200	€44,689	€63,398	€72,088	€79,858	▲ 10.8%
Accrued charges and deferred income492/3	€10,716	€10,224	€10,735	€21,471	€33,402	▲ 55.6%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€2,065	-€12,774	-€9,705	-€6,581	-€5,234	▲ 20.5%
+ Depreciation and write-downs630	€8,800	€8,709	€7,119	€6,804	€4,416	▼ 35.1%
Operating cash flow (approximation)	€10,865	-€4,065	-€2,586	€222	-€818	▼ 468%
Investment in fixed assets (approximation)	-	€0	-€2,354	€0	€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

All 13Financial 3Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

31-03

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-03

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

03-04

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

26-04

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

30-09

Financial Weakest financial yearnet -€12,774

Net result drops to -€12,774, the lowest in the series; recovery starts the following year.

10-05

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 10 days late

2021

30-09

Financial Highest result since 2018net €2,065 ▲587%

Operating result -€1,614, net result €2,065, both a record.

26-04

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

30-09

Financial Back to profitnet €301

Net result €301 after 2 loss-making years.

22-04

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

04-03

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

30-03

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

31-03

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

3 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, Knokke-Heist · 1 establishment unit since 1993

seat establishment The establishment unit on the map

Ground area

249 m²

Building footprint

249 m²

Volume, LiDAR

1,401 m³

Parcel 31337F0573/00_000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

RAM CONSULTANCY NV

Zeegrasstraat 36, 8301 Knokke-HeistNACE 7412401

since 19932.061.275.437

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31337F0573/00_000	Flanders	249 m²	1 · 249 m²	8.6 m · 2 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.

Similar companies · same sector, comparable size

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Sint-Martens-Latem · Eq €425,217

Montigny-le-Tilleul · Eq €425,191

Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 35,930 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded05-03-1993

Fiscal year end30-09

Activities, NACEBEL 2025

70200Business and other management consultancy

E-invoicing

Reachable via Peppol

Peppol ID 0208:0449567185

Also 9925:BE0449567185

Registered 25-02-2026

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

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