RDM
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 28-04-2026 PDF all 25 filings
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is a loss of €1,379, smaller than the loss of €3,063 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
Overdue debts
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Overdue tax debts | €13,283 | - | €26,529 | €1,939 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,047 | - | - | - | - |
| Depreciation and write-downs of the year | €3,363 | €1,203 | €968 | €968 | €799 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €1,750 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,165 | €9,118 | €3,363 | €1,203 | €968 | €968 | €799 | ▼ 17.4% |
| Other operating charges640/8 | - | - | €3,022 | €2,423 | €2,644 | €2,741 | €2,643 | ▼ 3.6% |
| Non-recurring operating charges66A | - | - | €65 | - | - | - | - | - |
| Gross operating margin9900 | €151,794 | €81,438 | €1,549 | €11,600 | €9,895 | €645 | €2,063 | ▲ 220% |
| Operating profit (loss)9901 | €127,727 | €39,142 | -€4,901 | €7,975 | €6,283 | -€3,063 | -€1,379 | ▲ 55.0% |
| Financial income75/76B | - | - | €5,068 | €9,105 | €10,601 | €10,908 | €11,182 | ▲ 2.5% |
| Recurring financial income75 | €6,798 | €4,887 | €5,068 | €9,105 | €10,601 | €10,908 | €11,182 | ▲ 2.5% |
| Financial charges65/66B | - | - | €6,424 | €12,950 | €16,746 | €8,628 | €2,853 | ▼ 66.9% |
| Recurring financial charges65 | €8,272 | €7,499 | €6,424 | €12,950 | €16,746 | €8,628 | €2,853 | ▼ 66.9% |
| Profit (loss) for the period before taxes9903 | €126,253 | €36,530 | -€6,257 | €4,130 | €137 | -€783 | €6,950 | - |
| Income taxes67/77 | €18,301 | €6,903 | €589 | €7 | €16 | - | €1,394 | - |
| Profit (loss) for the period9904 | €107,952 | €29,627 | -€6,846 | €4,123 | €122 | -€783 | €5,555 | - |
| Profit (loss) for the period to be appropriated9905 | €107,952 | €29,627 | -€6,846 | €4,123 | €122 | -€783 | €5,555 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €526,718 | €512,759 | €533,690 | €534,167 | €543,522 | €391,360 | €310,827 | ▼ 20.6% |
| Fixed assets21/28 | €14,718 | €6,746 | €4,429 | €3,227 | €2,259 | €1,291 | €492 | ▼ 61.9% |
| Tangible fixed assets22/27 | €14,718 | €6,746 | €4,429 | €3,227 | €2,259 | €1,291 | €492 | ▼ 61.9% |
| Plant, machinery and equipment23 | - | - | €3,606 | €2,827 | €2,049 | €1,270 | €492 | ▼ 61.3% |
| Furniture and vehicles24 | - | - | €823 | €399 | €210 | €21 | - | - |
| Current assets29/58 | €512,001 | €506,014 | €529,261 | €530,940 | €541,263 | €390,068 | €310,336 | ▼ 20.4% |
| Amounts receivable within one year40/41 | €476,435 | €499,562 | €516,182 | €520,949 | €530,054 | €378,644 | €300,425 | ▼ 20.7% |
| Trade receivables40 | - | - | €1,502 | - | - | - | - | - |
| Other amounts receivable41 | - | - | €514,680 | €520,949 | €530,054 | €378,644 | €300,425 | ▼ 20.7% |
| Cash at bank and in hand54/58 | - | €186 | €6,862 | - | €61 | €12 | €13 | ▲ 11.5% |
| Deferred charges and accrued income490/1 | - | - | €6,217 | €9,992 | €11,148 | €11,413 | €9,897 | ▼ 13.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €526,718 | €512,759 | €533,690 | €534,167 | €543,522 | €391,360 | €310,827 | ▼ 20.6% |
| Equity10/15 | €285,481 | €300,108 | €293,262 | €297,386 | €297,507 | €296,724 | €302,280 | ▲ 1.9% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €266,881 | €281,508 | €281,508 | €281,508 | €281,508 | €281,508 | €283,000 | ▲ 0.5% |
| Non-distributable reserves130/1 | - | - | €281,508 | €281,508 | €281,508 | €281,508 | €281,508 | = |
| Other1319 | - | - | €281,508 | €281,508 | €281,508 | €281,508 | €281,508 | = |
| Distributable reserves133 | - | - | - | - | - | - | €1,492 | - |
| Profit (loss) carried forward14 | - | - | -€6,846 | -€2,723 | -€2,601 | -€3,384 | €680 | - |
| Amounts payable17/49 | €241,237 | €212,651 | €240,428 | €236,782 | €246,014 | €94,635 | €8,547 | ▼ 91.0% |
| Amounts payable within one year42/48 | €241,237 | €211,468 | €239,562 | €232,089 | €232,380 | €90,604 | €8,125 | ▼ 91.0% |
| Financial debts43 | - | - | €48,040 | €50,773 | €52,919 | €27,284 | - | - |
| Credit institutions430/8 | - | - | €48,040 | €50,773 | €52,919 | €27,284 | - | - |
| Trade debts44 | €20,670 | €20,649 | €10,969 | €8,182 | €16,656 | €3,628 | €4,790 | ▲ 32.0% |
| Suppliers440/4 | - | - | €10,969 | €8,182 | €16,656 | €3,628 | €4,790 | ▲ 32.0% |
| Taxes, remuneration and social security45 | - | - | €13,849 | €26,030 | €26,552 | €1,939 | €1,394 | ▼ 28.1% |
| Taxes450/3 | - | - | €13,849 | €26,030 | €26,552 | €1,939 | €1,394 | ▼ 28.1% |
| Other amounts payable47/48 | - | - | €166,703 | €147,104 | €136,254 | €57,753 | €1,941 | ▼ 96.6% |
| Accrued charges and deferred income492/3 | - | - | €866 | €4,693 | €13,635 | €4,031 | €422 | ▼ 89.5% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,952 | €29,627 | -€6,846 | €4,123 | €122 | -€783 | €5,555 | - |
| + Depreciation and write-downs630 | €9,165 | €9,118 | €3,363 | €1,203 | €968 | €968 | €799 | ▼ 17.4% |
| Operating cash flow (approximation) | €117,117 | €38,745 | -€3,483 | €5,326 | €1,090 | €185 | €6,355 | ▲ 34× |
| Investment in fixed assets (approximation) | - | -€1,146 | -€1,047 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | €6,676 | - | - | -€49 | €1 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as RDM has now. Two years later, 0.5% had gone bankrupt and 94.3% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RDM itself: 0.3% within 12 months.
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.
| 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 17,041 companies, not a prediction for RDM. 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.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 28-04-2026 | 2026-00093965 | |
| 30-09-2024 | micro format | 24-04-2025 | 2025-00076591 | |
| 30-09-2023 | micro format | 25-04-2024 | 2024-00070370 | |
| 30-09-2022 | micro format | 19-12-2023 | 2023-00532990 | |
| 30-09-2021 | micro format | 28-04-2022 | 2022-20016451 | |
| 30-09-2020 | micro format | 27-05-2021 | 2021-15700551 | |
| 30-09-2019 | micro format | 30-04-2020 | 2020-11000470 | |
| 30-09-2018 | micro format | 02-05-2019 | 2019-12500096 | |
| 30-09-2017 | micro format | 02-05-2018 | 2018-12200469 | |
| 30-09-2016 | abbreviated format | 27-04-2017 | 2017-10400279 |