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RDCMed

Active
Private limited companyfounded 2024active for 2 yearsChaussée de la Seigneurie 6, 4800 Verviers, BelgiumKBO/BCE: BE 1015.585.149

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-07-2026 at the NBB

Turnover
≈ €130,000
Estimated: probably between €92,000 and €220,000
Total assets
€583,540
Net result
€716
Working capital
-€223,327

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €583,540
Fixed assets €518,323
Current assets €65,217
Equity and liabilities €583,540
Equity €6,716
Debt €576,824
Debt's share of the balance-sheet total is 98.8%.
Key figures and ratios
2025 value
EBITDA
€12,788
Cash flow
€7,699
Current ratio
0.23
Debt to equity
85.89
ROE
10.7%
ROA
0.1%
Interest coverage
2.51
Debt ≤ 1 year
€288,544
Debt > 1 year
€284,353
Staff costs
€8,459

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date2
part-time2
in full-time equivalents1
Average over the year, in full-time equivalents0.1
On a permanent contract1
Joined3
Left1

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€524,055
Financial fixed assets€1,250
Depreciation and write-downs of the year€6,983

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 35 lines
Balance sheet Code2025
Assets
Total assets20/58€583,540
Fixed assets21/28€518,323
Tangible fixed assets22/27€517,073
Land and buildings22€517,073
Financial fixed assets28€1,250
Current assets29/58€65,217
Amounts receivable within one year40/41€369
Trade receivables40€369
Cash at bank and in hand54/58€61,789
Deferred charges and accrued income490/1€3,059
Equity and liabilities
Total equity and liabilities10/49€583,540
Equity10/15€6,716
Contributions10/11€6,000
Profit (loss) carried forward14€716
Amounts payable17/49€576,824
Amounts payable after more than one year17€284,353
Financial debts170/4€284,353
Amounts payable within one year42/48€288,544
Trade debts44€53,926
Suppliers440/4€53,926
Taxes, remuneration and social security45€3,341
Remuneration and social security454/9€3,341
Other amounts payable47/48€231,277
Accrued charges and deferred income492/3€3,927
Income statement Code2025
Remuneration, social security and pensions62€8,459
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,983
Other operating charges640/8€100
Gross operating margin9900€21,347
Operating profit (loss)9901€5,805
Financial charges65/66B€5,089
Recurring financial charges65€5,089
Profit (loss) for the period before taxes9903€716
Profit (loss) for the period9904€716
Profit (loss) for the period to be appropriated9905€716
Appropriation of the result
Profit (loss) to be appropriated9906€716

The notes to these accounts have 8 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 29-07-2026.

Line2025
Remuneration, social security and pensions62€8,459
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,983
Other operating charges640/8€100
Gross operating margin9900€21,347
Operating profit (loss)9901€5,805
Financial charges65/66B€5,089
Recurring financial charges65€5,089
Profit (loss) for the period before taxes9903€716
Profit (loss) for the period9904€716
Profit (loss) for the period to be appropriated9905€716
Line2025
Assets
Total assets20/58€583,540
Fixed assets21/28€518,323
Tangible fixed assets22/27€517,073
Land and buildings22€517,073
Financial fixed assets28€1,250
Current assets29/58€65,217
Amounts receivable within one year40/41€369
Trade receivables40€369
Cash at bank and in hand54/58€61,789
Deferred charges and accrued income490/1€3,059
Equity and liabilities
Total equity and liabilities10/49€583,540
Equity10/15€6,716
Contributions10/11€6,000
Profit (loss) carried forward14€716
Amounts payable17/49€576,824
Amounts payable after more than one year17€284,353
Financial debts170/4€284,353
Amounts payable within one year42/48€288,544
Trade debts44€53,926
Suppliers440/4€53,926
Taxes, remuneration and social security45€3,341
Remuneration and social security454/9€3,341
Other amounts payable47/48€231,277
Accrued charges and deferred income492/3€3,927
Line2025
Profit (loss) for the period9904€716
+ Depreciation and write-downs630€6,983
Operating cash flow (approximation)€7,699

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,135 companies had the same profile as RDCMed has now. Two years later, 92.0% were still going and 5.2% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
92.0% was still going
2.3% stopped otherwise
5.2% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of RDCMed itself is lower: 0.1% within 12 months. It rests on far more data about RDCMed than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,135 companies, not a prediction for RDCMed. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-07-2026 2026-00349173 PDF

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