RAMOPLAST
ActiveSummary
The annual accounts of RAMOPLAST for fiscal year 2024 show a net loss of 57% of the equity at the start of that year. The 2024 annual accounts show equity of €110,323 and a net result of -€144,595. Equity is shrinking by ~21.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 17% of 7459 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-31
Solvency42▼-11
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.87 against 1.97 in 2023; short-term debt: 53.4% and cash: 8.3% of total assets), but 82.8% of the assets are financed with debt.
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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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
17.2%
Return on assets
-22.6%
Age of the figures
21 mo
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 · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€144,595
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 7459 sector peers (2024).
NBB · sector comparisonPosition among 7459 sector peers
Solvency
better than 17%
← 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
15 d early
2022
88 d late
2021
88 d late
2020
87 d late
2019
116 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 71 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€110,323▼ 56.7%
2023 · €254,918
Total assets
€639,923▼ 28.7%
2023 · €897,183
Net result
-€144,595▼ 528%
2023 · -€23,008
Working capital
€298,194▼ 32.7%
2023 · €442,836
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Operating result€1,831▼ 86.5%-€210,221€28,776-€20,053-€142,391▼ 610%
Net result€3,925below the sector's middle half▼ 54.4%-€228,925below the sector's middle half€26,370within the sector's middle half-€23,008below the sector's middle half-€144,595below the sector's middle half▼ 528%
Equity€480,480within the sector's middle half▲ 0.8%€251,556within the sector's middle half▼ 47.6%€277,925within the sector's middle half▲ 10.5%€254,918within the sector's middle half▼ 8.3%€110,323below the sector's middle half▼ 56.7%
Total assets€1.2mwithin the sector's middle half▲ 17.4%€970,545within the sector's middle half▼ 19.6%€867,215within the sector's middle half▼ 10.6%€897,183within the sector's middle half▲ 3.5%€639,923within the sector's middle half▼ 28.7%
Debt€539,251▲ 48.1%€530,977▼ 1.5%€401,324▼ 24.4%€454,347▲ 13.2%€341,729▼ 24.8%
Working capital€668,540above the sector's middle half▲ 1.6%€439,568within the sector's middle half▼ 34.2%€465,891within the sector's middle half▲ 6.0%€442,836within the sector's middle half▼ 4.9%€298,194within the sector's middle half▼ 32.7%
Solvency39.8%within the sector's middle half▼ 6.5pp25.9%within the sector's middle half▼ 13.9pp32.0%within the sector's middle half▲ 6.1pp28.4%within the sector's middle half▼ 3.6pp17.2%below the sector's middle half▼ 11.2pp
Current ratio2.24within the sector's middle half▼ 0.571.83within the sector's middle half▼ 0.412.16within the sector's middle half▲ 0.331.97within the sector's middle half▼ 0.191.87within the sector's middle half▼ 0.10
Return on assets (ROA)0.3%below the sector's middle half▼ 0.5pp-23.6%below the sector's middle half▼ 23.9pp3.0%within the sector's middle half▲ 26.6pp-2.6%below the sector's middle half▼ 5.6pp-22.6%below the sector's middle half▼ 20.0pp
Staff (FTE)4.6within the sector's middle half=4.6within the sector's middle half=4.6within the sector's middle half=4.6within the sector's middle half=4.6within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction 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 €142,391 in 2024 against €20,053 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €639,923
Equity
€110,323 ▼ 56.7%
Provisions
€187,871 =
Debt
€341,729 ▼ 24.8%
Debt's share of the balance-sheet total rises from 50.6% to 53.4%. Equity and debt are lower.
Key figures and ratios
Quick ratio
1.31▼
2023 · 1.31
Debt to equity
3.10▲
2023 · 1.78
ROE
-131.1%▼
2023 · -9.0%
Debt ≤ 1 year
€341,729▼
2023 · €454,347
Staff costs
€176,176▼
2023 · €182,018
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 1,294 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €144,224 | €169,596 | €182,018 | €176,176 | ▼ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,600 | - | - | - | - | - |
| Other operating charges640/8 | - | €143,727 | €7,098 | €495 | €287 | ▼ 42.0% |
| Gross operating margin9900 | €125,667 | €77,730 | €205,471 | €162,460 | €34,072 | ▼ 79.0% |
| Operating profit (loss)9901 | €1,831 | -€210,221 | €28,776 | -€20,053 | -€142,391 | ▼ 610% |
| Financial income75/76B | - | €10,625 | €15,387 | €5,602 | €7,909 | ▲ 41.2% |
| Recurring financial income75 | €11,285 | €10,625 | €15,387 | €5,602 | €7,909 | ▲ 41.2% |
| Financial charges65/66B | - | €29,375 | €17,841 | €8,604 | €10,161 | ▲ 18.1% |
| Recurring financial charges65 | €8,399 | €29,375 | €17,841 | €8,604 | €10,161 | ▲ 18.1% |
| Profit (loss) for the period before taxes9903 | €4,717 | -€228,972 | €26,322 | -€23,055 | -€144,642 | ▼ 527% |
| Transfer from deferred taxes780 | - | €47 | €47 | €47 | €47 | = |
| Income taxes67/77 | €840 | - | - | - | - | - |
| Profit (loss) for the period9904 | €3,925 | -€228,925 | €26,370 | -€23,008 | -€144,595 | ▼ 528% |
| Transfer from tax-exempt reserves789 | - | €141 | €141 | €141 | €141 | = |
| Profit (loss) for the period to be appropriated9905 | €4,066 | -€228,783 | €26,511 | -€22,866 | -€144,454 | ▼ 532% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €970,545 | €867,215 | €897,183 | €639,923 | ▼ 28.7% |
| Current assets29/58 | €1.2m | €970,545 | €867,215 | €897,183 | €639,923 | ▼ 28.7% |
| Stocks and contracts in progress3 | €238,290 | €281,136 | €297,943 | €301,328 | €193,817 | ▼ 35.7% |
| Stocks30/36 | - | €231,254 | €257,363 | €256,121 | €181,617 | ▼ 29.1% |
| Contracts in progress37 | - | €49,882 | €40,580 | €45,207 | €12,200 | ▼ 73.0% |
| Amounts receivable within one year40/41 | €797,266 | €611,025 | €497,961 | €305,776 | €334,984 | ▲ 9.6% |
| Trade receivables40 | - | €292,640 | €104,464 | €177,886 | €193,136 | ▲ 8.6% |
| Other amounts receivable41 | - | €318,385 | €393,497 | €127,890 | €141,848 | ▲ 10.9% |
| Current investments50/53 | - | - | - | €100,000 | €48,735 | ▼ 51.3% |
| Cash at bank and in hand54/58 | €59,055 | €66,081 | €53,108 | €175,593 | €53,262 | ▼ 69.7% |
| Deferred charges and accrued income490/1 | - | €12,304 | €18,204 | €14,487 | €9,124 | ▼ 37.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €970,545 | €867,215 | €897,183 | €639,923 | ▼ 28.7% |
| Equity10/15 | €480,480 | €251,556 | €277,925 | €254,918 | €110,323 | ▼ 56.7% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €461,880 | €232,956 | €259,325 | €236,318 | €236,176 | ▼ 0.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €23,688 | €23,546 | €23,405 | €23,263 | ▼ 0.6% |
| Distributable reserves133 | - | €207,408 | €233,919 | €211,053 | €211,053 | = |
| Profit (loss) carried forward14 | - | - | - | - | -€144,454 | - |
| Provisions and deferred taxes16 | €188,060 | €188,013 | €187,966 | €187,918 | €187,871 | = |
| Provisions for liabilities and charges160/5 | - | €187,789 | €187,789 | €187,789 | €187,789 | = |
| Pensions and similar obligations160 | - | €187,789 | €187,789 | €187,789 | €187,789 | = |
| Deferred taxes168 | - | €224 | €177 | €130 | €83 | ▼ 36.4% |
| Amounts payable17/49 | €539,251 | €530,977 | €401,324 | €454,347 | €341,729 | ▼ 24.8% |
| Amounts payable within one year42/48 | €539,251 | €530,977 | €401,324 | €454,347 | €341,729 | ▼ 24.8% |
| Trade debts44 | €188,963 | €192,130 | €139,834 | €129,689 | €119,618 | ▼ 7.8% |
| Suppliers440/4 | - | €192,130 | €139,834 | €129,689 | €119,618 | ▼ 7.8% |
| Advances received on contracts in progress46 | - | €94,227 | €9,803 | €42,969 | €49,271 | ▲ 14.7% |
| Taxes, remuneration and social security45 | - | €52,626 | €33,805 | €41,743 | €50,897 | ▲ 21.9% |
| Taxes450/3 | - | €39,126 | €17,904 | €10,661 | €12,061 | ▲ 13.1% |
| Remuneration and social security454/9 | - | €13,501 | €15,901 | €31,082 | €38,836 | ▲ 24.9% |
| Other amounts payable47/48 | - | €191,994 | €217,883 | €239,947 | €121,943 | ▼ 49.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,925 | -€228,925 | €26,370 | -€23,008 | -€144,595 | ▼ 528% |
| + Depreciation and write-downs630 | €7,600 | - | - | - | - | - |
| Operating cash flow (approximation) | €11,525 | -€228,925 | €26,370 | -€23,008 | -€144,595 | ▼ 528% |
| Change in cash | - | €7,026 | -€12,973 | €122,485 | -€122,331 | ▼ 200% |
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 · abbreviated schema · 60 days late
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
31-12
Financial
Back to profitnet €26,370
Net result €26,370 after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
31-12
Financial
Weakest financial yearnet -€228,925
Net result drops to -€228,925, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
24-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 116 days late
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Ledegem · 1 establishment unit since 2013
Ground area
2,344 m²
Building footprint
1,191 m²
Volume, LiDAR
5,537 m³
Parcel 36018B0431/00R004, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Ramoplast
since 20132.222.471.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36018B0431/00R004 | Flanders | 2,344 m² | 1 · 1,191 m² | 6.7 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 348 EUR awarded · 349 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 59 EUR |
| 2024 | 1 | 348 EUR | 290 EUR |
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 7,720 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
Founded14-05-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0534496922
Also
9925:BE0534496922
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.