RAMDAM
ActiveSummary
RAMDAM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-8k) and a net result of €18k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency0=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.77 against 5.02 in 2023; short-term debt: 40.1% and cash: 5.1% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-33.5%
Return on assets
74.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 7%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
83 d late
2022
31 d late
2021
209 d late
2020
91 d late
2019
49 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-8k▲ 69.1%
2023 · €-26k
2018: €-18k
2019: €-593▲ +96.8% vs 2018
2020: €-49k▼ -8166% vs 2019lowest in 7 years
2021: €-5k▲ +90.1% vs 2020
2022: €13k▲ +370% vs 2021highest in 7 years
2023: €-26k▼ -301% vs 2022
2024: €-8k▲ +69.1% vs 2023
2018 → 2024
Total assets
€24k▼ 66.2%
2023 · €72k
2019: €62k
2020: €57k▼ -7.7% vs 2019
2021: €65k▲ +13.7% vs 2020
2022: €107k▲ +64.7% vs 2021highest in 6 years
2023: €72k▼ -32.4% vs 2022
2024: €24k▼ -66.2% vs 2023lowest in 6 years
2019 → 2024
Net result
€18k
2023 · €-40k
2019: €18k
2020: €-48k▼ -371% vs 2019lowest in 6 years
2021: €44k▲ +191% vs 2020highest in 6 years
2022: €18k▼ -59.2% vs 2021
2023: €-40k▼ -320% vs 2022
2024: €18k▲ +146% vs 2023
2019 → 2024
Working capital
€-2k
2023 · €31k
2019: €-27klowest in 6 years
2020: €5k▲ +119% vs 2019
2021: €27k▲ +441% vs 2020
2022: €29k▲ +8.5% vs 2021
2023: €31k▲ +4.2% vs 2022highest in 6 years
2024: €-2k▼ -107% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-49k-€-5k▲ 90.1%€13k€-26k€-8k▲ 69.1%
2020: €-49klowest in 5 years
2021: €-5k▲ +90.1% vs 2020
2022: €13k▲ +370% vs 2021highest in 5 years
2023: €-26k▼ -301% vs 2022
2024: €-8k▲ +69.1% vs 2023
Operating result€-48k-€45k€25k▼ 44.3%€-40k€18k
2020: €-48klowest in 5 years
2021: €45k▲ +192% vs 2020highest in 5 years
2022: €25k▼ -44.3% vs 2021
2023: €-40k▼ -259% vs 2022
2024: €18k▲ +147% vs 2023
Net result€-48k-€44k€18k▼ 59.2%€-40k€18k
2020: €-48klowest in 5 years
2021: €44k▲ +191% vs 2020highest in 5 years
2022: €18k▼ -59.2% vs 2021
2023: €-40k▼ -320% vs 2022
2024: €18k▲ +146% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €18k after a loss of €40k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24k
Fixed assets
€17k ▼ 50.5%
Current assets
€8k ▼ 80.2%
Key figures and ratios
EBITDA
€38k▲
2023 · €-20k
Cash flow
€37k▲
2023 · €-20k
Solvency
-33.5%▲
2023 · -36.6%
Current ratio
0.77▼
2023 · 5.02
Debt to equity
-3.99▼
2023 · -3.74
ROA
74.7%▲
2023 · -54.8%
Interest coverage
165.91▲
2023 · -661.70
Debt
€33k▼
2023 · €99k
Debt ≤ 1 year
€10k▲
2023 · €8k
Debt > 1 year
€23k▼
2023 · €91k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€72k€24k▼
Fixed assets21/28€34k€17k▼
Tangible fixed assets22/27€32k€14k▼
Furniture and vehicles24€32k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€38k€8k▼
Amounts receivable within one year40/41€32k€4k▼
Trade receivables40€14k€3k▼
Other amounts receivable41€19k€437▼
Cash at bank and in hand54/58€3k€1k▼
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€72k€24k▼
Equity10/15€-26k€-8k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-34k€-16k▲
Amounts payable17/49€99k€33k▼
Amounts payable after more than one year17€91k€23k▼
Other amounts payable178/9€91k€23k▼
Amounts payable within one year42/48€8k€10k▲
Trade debts44€335€9k▲
Suppliers440/4€335€9k▲
Taxes, remuneration and social security45€7k€380▼
Taxes450/3€7k€380▼
Other amounts payable47/48€1-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€19k▼
Other operating charges640/8€224€2k▲
Gross operating margin9900€-20k€39k▲
Operating profit (loss)9901€-40k€18k▲
Financial income75/76B€9€2▼
Recurring financial income75€9€2▼
Financial charges65/66B€30€227▲
Recurring financial charges65€30€227▲
Profit (loss) for the period before taxes9903€-40k€18k▲
Profit (loss) for the period9904€-40k€18k▲
Profit (loss) for the period to be appropriated9905€-40k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-16k▲
Profit (loss) brought forward from the previous period14P€5k€-34k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €8k | - | €20k | €19k | ▼ 2.7% |
| Other operating charges640/8 | - | €1k | €1k | €224 | €2k | ▲ 712% |
| Gross operating margin9900 | €-39k | €53k | €26k | €-20k | €39k | ▲ 301% |
| Operating profit (loss)9901 | €-48k | €45k | €25k | €-40k | €18k | ▲ 147% |
| Financial income75/76B | - | €4 | €57 | €9 | €2 | ▼ 77.8% |
| Recurring financial income75 | €126 | €4 | €57 | €9 | €2 | ▼ 77.8% |
| Financial charges65/66B | - | €712 | €339 | €30 | €227 | ▲ 657% |
| Recurring financial charges65 | €237 | €712 | €339 | €30 | €227 | ▲ 657% |
| Profit (loss) for the period before taxes9903 | €-48k | €44k | €25k | €-40k | €18k | ▲ 146% |
| Income taxes67/77 | - | €-287 | €7k | - | - | - |
| Profit (loss) for the period9904 | €-48k | €44k | €18k | €-40k | €18k | ▲ 146% |
| Profit (loss) for the period to be appropriated9905 | €-48k | €44k | €18k | €-40k | €18k | ▲ 146% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €57k | €65k | €107k | €72k | €24k | ▼ 66.2% |
| Fixed assets21/28 | €26k | €32k | €54k | €34k | €17k | ▼ 50.5% |
| Tangible fixed assets22/27 | €24k | €30k | €51k | €32k | €14k | ▼ 54.5% |
| Furniture and vehicles24 | - | €30k | €51k | €32k | €14k | ▼ 54.5% |
| Financial fixed assets28 | €2k | €2k | €2k | €2k | €2k | = |
| Current assets29/58 | €31k | €33k | €53k | €38k | €8k | ▼ 80.2% |
| Amounts receivable within one year40/41 | €29k | €17k | €44k | €32k | €4k | ▼ 88.4% |
| Trade receivables40 | - | €16k | €33k | €14k | €3k | ▼ 75.9% |
| Other amounts receivable41 | - | €1k | €11k | €19k | €437 | ▼ 97.6% |
| Cash at bank and in hand54/58 | €1k | €13k | €7k | €3k | €1k | ▼ 63.5% |
| Deferred charges and accrued income490/1 | - | €3k | €3k | €3k | €3k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €57k | €65k | €107k | €72k | €24k | ▼ 66.2% |
| Equity10/15 | €-49k | €-5k | €13k | €-26k | €-8k | ▲ 69.1% |
| Contributions10/11 | €6k | €6k | €6k | €8k | €8k | = |
| Capital10 | - | €6k | - | - | - | - |
| Issued capital100 | - | €19k | - | - | - | - |
| Uncalled capital101 | - | €12k | - | - | - | - |
| Outside capital11 | - | - | €6k | - | - | - |
| Other1109/19 | - | - | €6k | - | - | - |
| Reserves13 | €2k | €2k | €2k | - | - | - |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Profit (loss) carried forward14 | €-57k | €-13k | €5k | €-34k | €-16k | ▲ 52.9% |
| Amounts payable17/49 | €106k | €70k | €94k | €99k | €33k | ▼ 67.0% |
| Amounts payable after more than one year17 | €80k | €64k | €70k | €91k | €23k | ▼ 75.0% |
| Other amounts payable178/9 | - | €64k | €70k | €91k | €23k | ▼ 75.0% |
| Amounts payable within one year42/48 | €26k | €6k | €24k | €8k | €10k | ▲ 28.6% |
| Trade debts44 | €22k | - | €12k | €335 | €9k | ▲ 2,711% |
| Suppliers440/4 | - | - | €12k | €335 | €9k | ▲ 2,711% |
| Advances received on contracts in progress46 | - | €5k | €5k | - | - | - |
| Taxes, remuneration and social security45 | - | €585 | €7k | €7k | €380 | ▼ 94.8% |
| Taxes450/3 | - | €585 | €7k | €7k | €380 | ▼ 94.8% |
| Other amounts payable47/48 | - | - | - | €1 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-48k | €44k | €18k | €-40k | €18k | ▲ 146% |
| + Depreciation and write-downs630 | €9k | €8k | - | €20k | €19k | ▼ 2.7% |
| Operating cash flow (approximation) | €-39k | €52k | €18k | €-20k | €37k | ▲ 288% |
| Investment in fixed assets (approximation) | - | €-14k | €-21k | €0 | €-2k | - |
| Change in cash | - | €12k | €-7k | €-3k | €-2k | ▲ 29.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 83 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 5.02
Current ratio from 2.23 to 5.02; short-term debt falls from €24k to €8k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 209 days late
2021
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.84
Current ratio from 1.19 to 5.84; short-term debt falls from €26k to €6k.
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
31-12
Financial
Weakest financial yearnet €-48k
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.19
Current ratio from 0.57 to 1.19; short-term debt falls from €62k to €26k.
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
04-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 35 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Villers-la-Ville · 1 establishment unit since 1996
Ground area
4,113 m²
Building footprint
191 m²
Volume, LiDAR
668 m³
2 parcels, Flanders, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RAMDAM
since 19962.079.212.717
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25062C0285/00E000 | Wallonia | 3,566 m² | 1 · 107 m² | - |
| 22662B0535/00M005 | Flanders | 547 m² | 1 · 84 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
AK INVEST
BE 1016.938.793
Temse · Eq €13,162
Technic Fix
BE 1026.018.983
Beersel · Eq €13,154
CONTACT CONSTRUCT
BE 0786.315.256
Opwijk · Eq €13,153
LEAF IMMO
BE 0758.716.083
Chaumont-Gistoux · Eq €13,153
MEGABAT
BE 0793.659.740
Sint-Pieters-Leeuw · Eq €13,150
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,275 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-10-1996
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Contact
E-mail
ramdam9@hotmail.com
Scores and ratios are computed by Checked and are not a credit decision.