RCBM
Annual accounts 2025
micro format, filed on 03-08-2026, 3 days lateTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €100,000 and €170,000.
Balance sheet
balance sheet total €206,752 on 31-12-2025in euro
in euro
Position in the sector
48.9%
Higher than 44% of 39,360 companies in 2025.
1.12
Higher than 29% of 38,044 companies in 2025.
10.2%
Higher than 42% of 38,516 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
206,752 | 188,001 | 117,500 | 74,658 | 50,606 | 372 | 376 | 60,266 | 62,407 | 71,497 | 63,902 | 65,295 | 88,102 | 117,389 | 136,725 | 162,303 | |
21/28 |
88,564 | 114,578 | 5,032 | 3,398 | 1,200 | - | - | 56,700 | 56,700 | 56,700 | 56,883 | 58,910 | 82,399 | 104,240 | 120,125 | 141,297 | |
21 |
- | - | - | - | - | - | - | 56,700 | 56,700 | 56,700 | 56,700 | 56,763 | 67,813 | 78,863 | 87,150 | 98,200 | |
22/27 |
88,564 | 114,578 | 5,032 | 3,398 | 1,200 | - | - | - | - | - | 183 | 2,147 | 14,586 | 25,377 | 32,975 | 43,097 | |
23 |
- | - | 336 | 768 | 1,200 | - | - | - | - | - | 183 | 1,258 | 4,566 | 7,342 | 8,929 | 11,036 | |
24 |
88,564 | 114,578 | 4,696 | 2,630 | - | - | - | - | - | - | - | 873 | 113 | 7,853 | 10,470 | 13,960 | |
26 |
- | - | - | - | - | - | - | - | - | - | - | 16 | 82 | 147 | 196 | 261 | |
29/58 |
118,188 | 73,423 | 112,467 | 71,259 | 49,406 | 372 | 376 | 3,566 | 5,707 | 14,797 | 7,019 | 6,385 | 5,703 | 13,149 | 16,600 | 21,006 | |
3 |
- | - | - | - | - | - | - | 2,500 | 5,000 | 5,000 | 5,000 | 2,000 | 2,000 | - | - | - | |
30/36 |
- | - | - | - | - | - | - | 2,500 | 5,000 | 5,000 | 5,000 | 2,000 | 2,000 | - | - | - | |
40/41 |
32,763 | 23,165 | 19,535 | 14,667 | 14,520 | 372 | 376 | 709 | 707 | 922 | 482 | 4,194 | 2,147 | 13,149 | 15,585 | 19,272 | |
40 |
19,390 | 17,243 | 17,243 | 14,520 | 14,520 | - | - | - | - | - | - | 577 | - | 10,246 | 14,466 | 12,390 | |
41 |
13,372 | 5,922 | 2,292 | 147 | - | 372 | 376 | 709 | 707 | 922 | 482 | 3,617 | 2,147 | 2,903 | 1,119 | 6,882 | |
54/58 |
83,097 | 49,288 | 91,215 | 49,994 | 34,886 | - | - | 357 | - | 8,875 | 1,537 | 191 | 1,556 | - | 1,015 | 1,734 | |
490/1 |
2,329 | 970 | 1,717 | 6,598 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
206,752 | 188,001 | 117,500 | 74,658 | 50,606 | 372 | 376 | 60,266 | 62,407 | 71,497 | 63,902 | 65,295 | 88,102 | 117,389 | 136,725 | 162,303 | |
10/15 |
101,164 | 80,137 | 35,778 | -16,143 | -59,096 | -107,346 | -107,494 | -50,905 | -43,203 | -23,961 | -27,576 | -26,403 | 1,106 | 8,976 | 8,314 | 15,546 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
13 |
82,564 | 61,537 | 19,595 | 2,674 | 2,674 | 2,674 | - | - | - | - | - | - | - | - | - | - | |
133 |
82,564 | 61,537 | 19,595 | 2,674 | 2,674 | 2,674 | - | - | - | - | - | - | - | - | - | - | |
14 |
- | - | -2,417 | -37,417 | -80,370 | -128,620 | -126,094 | -69,505 | -61,803 | -42,561 | -46,176 | -45,003 | -17,494 | -9,624 | -10,286 | -3,054 | |
17/49 |
105,588 | 107,864 | 81,722 | 90,801 | 109,702 | 107,717 | 107,870 | 111,171 | 105,610 | 95,458 | 91,478 | 91,698 | 86,996 | 108,413 | 128,411 | 146,757 | |
17 |
- | - | - | - | - | 80,000 | 80,000 | 7,370 | 21,516 | 34,907 | 47,583 | 59,582 | 71,091 | 81,692 | 94,584 | 126,222 | |
170/4 |
- | - | - | - | - | 80,000 | 80,000 | 7,370 | 21,516 | 34,907 | 47,583 | 59,582 | 71,091 | 81,692 | 94,584 | 126,222 | |
42/48 |
105,188 | 107,864 | 81,722 | 90,801 | 109,702 | 27,717 | 27,870 | 103,801 | 84,094 | 60,551 | 43,895 | 32,116 | 15,905 | 26,721 | 33,827 | 20,535 | |
42 |
- | - | - | - | - | - | 7,370 | 14,146 | 13,391 | 12,676 | 11,999 | 11,358 | 10,752 | 12,892 | 18,601 | - | |
43 |
- | - | - | - | - | - | 2 | 33 | - | - | - | - | - | 1,917 | - | - | |
430/8 |
- | - | - | - | - | - | 2 | 33 | - | - | - | - | - | 1,917 | - | - | |
44 |
2,885 | 2,119 | 3,912 | 1,115 | - | 538 | 15,591 | 7,711 | 2,644 | 17,359 | 18,906 | - | 381 | 11,149 | 15,226 | 20,535 | |
440/4 |
2,885 | 2,119 | 3,912 | 1,115 | - | 538 | 15,591 | 7,711 | 2,644 | 17,359 | 18,906 | - | 381 | 11,149 | 15,226 | 20,535 | |
45 |
15,536 | 15,599 | 9,746 | 5,997 | 13,931 | - | - | - | - | - | 66 | 388 | 400 | - | - | - | |
450/3 |
15,536 | 15,599 | 9,746 | 5,997 | 13,931 | - | - | - | - | - | 66 | 388 | 400 | - | - | - | |
47/48 |
86,767 | 90,146 | 68,064 | 83,689 | 95,771 | 27,179 | 4,907 | 81,912 | 68,059 | 30,516 | 12,924 | 20,370 | 4,372 | 763 | - | - | |
492/3 |
400 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||
76A |
65 | 12,670 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
67,041 | 88,936 | 75,933 | 60,347 | 48,640 | -1,770 | 1,447 | -3,835 | -16,865 | 6,776 | 4,703 | -5,190 | 21,526 | 24,221 | 18,272 | 22,393 | |
630 |
26,014 | 15,959 | 2,932 | 2,802 | 96 | - | - | 1,478 | - | 183 | 2,027 | 17,913 | 23,940 | 16,680 | 22,041 | 21,824 | |
640/8 |
1,315 | 1,735 | 1,469 | 2,124 | 267 | 756 | 500 | 1,530 | - | - | 270 | - | - | 150 | 477 | - | |
66A |
- | - | - | - | - | - | 56,700 | - | - | - | - | - | - | - | - | - | |
9901 |
39,711 | 71,243 | 71,532 | 55,420 | 48,277 | -2,526 | -55,753 | -6,843 | -16,865 | 6,593 | 2,406 | -23,103 | -2,414 | 7,391 | -4,246 | 569 | |
75/76B |
- | 0 | 0 | - | - | - | - | - | - | - | 50 | 8 | 381 | 6 | 1 | 4 | |
75 |
- | 0 | 0 | - | - | - | - | - | - | - | 50 | 8 | 381 | 6 | 1 | 4 | |
65/66B |
6,177 | 6,225 | 64 | 115 | 28 | - | 835 | 859 | 2,378 | 2,978 | 3,629 | 4,414 | 9,504 | 5,907 | 2,987 | 3,627 | |
65 |
6,177 | 6,225 | 64 | - | - | - | 835 | 859 | 2,378 | 2,978 | 3,629 | 4,414 | 9,504 | 5,907 | 2,987 | 3,627 | |
66B |
- | - | - | 115 | 28 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
33,535 | 65,018 | 71,468 | 55,306 | 48,249 | -2,526 | -56,589 | -7,702 | -19,243 | 3,615 | -1,173 | -27,509 | -11,537 | 1,490 | -7,232 | -3,054 | |
67/77 |
12,508 | 20,659 | 19,547 | 12,353 | - | - | - | - | - | - | - | - | -3,667 | 828 | - | - | |
9904 |
21,027 | 44,359 | 51,921 | 42,953 | 48,249 | -2,526 | -56,589 | -7,702 | -19,243 | 3,615 | -1,173 | -27,509 | -7,870 | 662 | -7,232 | -3,054 | |
9905 |
21,027 | 44,359 | 51,921 | 42,953 | 48,249 | -2,526 | -56,589 | -7,702 | -19,243 | 3,615 | -1,173 | -27,509 | -7,870 | 662 | -7,232 | -3,054 | |
| Appropriation of the result | |||||||||||||||||
9906 |
21,027 | 44,359 | 14,504 | -37,417 | -80,370 | -128,620 | -126,094 | -69,505 | -61,803 | -42,561 | -46,176 | -45,003 | -17,494 | -9,624 | -10,286 | -3,054 | |
14P |
- | - | -37,417 | -80,370 | -128,620 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
21,027 | 44,359 | 16,921 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
21,027 | 44,359 | 16,921 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 03-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 3 days after the deadline. Filed on 3 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00374124.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 03-08-2026 | 2026-00374124 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00331139 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00307733 | |
| 31-12-2022 | micro format | 28-09-2023 | 2023-00461728 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20366762 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-61200299 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-65600076 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57600215 | |
| 31-12-2017 | abbreviated format | 25-06-2018 | 2018-22600439 | |
| 31-12-2016 | abbreviated format | 23-06-2017 | 2017-21300401 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-19800051 | |
| 31-12-2014 | abbreviated format | 04-08-2015 | 2015-39800490 | |
| 31-12-2013 | abbreviated format | 04-07-2014 | 2014-27600015 | |
| 31-12-2012 | abbreviated format | 27-06-2013 | 2013-23300115 | |
| 31-12-2011 | abbreviated format | 27-06-2012 | 2012-22700071 | |
| 31-12-2010 | abbreviated format | 23-06-2011 | 2011-20500233 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 65,726 | 87,202 | 74,464 | 58,222 | 48,373 | - | - | -5,365 | - | 6,776 | 4,433 | -5,190 | 21,526 | 24,071 | 17,795 | 22,393 | ||
| 47,041 | 60,318 | 54,853 | 45,755 | 48,345 | - | - | -6,224 | - | 3,798 | 854 | -9,596 | 16,070 | 17,342 | 14,809 | 18,770 | ||
| 0 | 125,504 | 4,566 | 5,000 | 1,296 | - | - | 1,478 | - | 0 | 0 | -5,576 | 2,099 | 795 | 869 | 163,121 | ||
| 33,809 | -41,927 | 41,221 | 15,109 | - | - | - | - | - | 7,338 | 1,346 | -1,365 | - | - | -719 | - | ||
| 13,000 | -34,441 | 30,745 | -19,541 | -60,296 | -27,346 | -27,494 | -100,236 | -78,387 | -45,754 | -36,876 | -25,731 | -10,202 | -13,572 | -17,227 | 471 | ||
| 48.9% | 42.6% | 30.4% | -21.6% | -116.8% | - | - | -84.5% | -69.2% | -33.5% | -43.2% | -40.4% | 1.3% | 7.6% | 6.1% | 9.6% | ||
| 1.12 | 0.68 | 1.38 | 0.78 | 0.45 | - | - | 0.03 | 0.07 | 0.24 | 0.16 | 0.20 | 0.36 | 0.49 | 0.49 | 1.02 | ||
| 1.12 | 0.68 | 1.38 | 0.78 | 0.45 | - | - | 0.01 | 0.01 | 0.16 | 0.05 | 0.14 | 0.23 | 0.49 | 0.49 | 1.02 | ||
| 1.04 | 1.35 | 2.28 | - | - | - | - | - | - | - | - | - | 78.66 | 12.08 | 15.45 | 9.44 | ||
| 20.8% | 55.4% | 145.1% | - | - | - | - | - | - | - | - | - | -711.6% | 7.4% | -87.0% | -19.6% | ||
| 10.2% | 23.6% | 44.2% | 57.5% | 95.3% | - | - | -12.8% | -30.8% | 5.1% | -1.8% | -42.1% | -8.9% | 0.6% | -5.3% | -1.9% | ||
| 10.64 | 14.01 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €125,504 | €4,566 | - | - |
| €26,014 | €15,959 | €2,932 | €2,802 | €96 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RCBM
The operating result for 2025 is 44% lower than in 2024 and the lowest since 2020. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 57.4% to 51.1%. Equity is higher and debt is lower.