REMACO
ActiveThe computed 12-month bankruptcy probability of REMACO is 2.1% (moderate). The 2024 annual accounts show equity of €903k and a net result of €364k. Equity is growing by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 2925 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency84▼-16
Growth78=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 3.88 in 2023), and 48% of the assets are financed with debt.
Credit advice 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52%
Return on assets
21%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
86 d early
2022
34 d early
2021
51 d early
2020
57 d early
2019
56 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€903k▼ 29.9%
2023 · €1.29M
2021: €674k
2022: €960k
2023: €1.29M
2021 → 2024
Total assets
€1.74M▲ 5.7%
2023 · €1.64M
2021: €842k
2022: €1.12M
2023: €1.64M
2021 → 2024
Net result
€364k▲ 10.8%
2023 · €329k
2021: €171k
2022: €286k
2023: €329k
2021 → 2024
Working capital
€392k▼ 61.2%
2023 · €1.01M
2021: €388k
2022: €726k
2023: €1.01M
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€674k-€960k▲ 42.4%€1.29M▲ 34.3%€903k▼ 29.9%
Operating result€189k-€376k▲ 99.1%€420k▲ 11.7%€453k▲ 8.0%
Net result€171k-€286k▲ 67.2%€329k▲ 15.0%€364k▲ 10.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 8% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.74M
Fixed assets
€524k▲ 86.2%
Current assets
€1.21M▼ 10.9%
Equity and liabilities €1.74M
Equity
€903k▼ 29.9%
Debt
€833k▲ 136%
The debt ratio rises from 21.5% to 48.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€514k▲
2023 · €468k
Cash flow
€425k▲
2023 · €377k
Solvency
52.0%▼
2023 · 78.5%
Current ratio
1.48▼
2023 · 3.88
Quick ratio
1.43▼
2023 · 3.81
Debt / equity
0.92▲
2023 · 0.27
ROE
40.3%▲
2023 · 25.5%
ROA
21.0%▲
2023 · 20.0%
Interest coverage
51.77▼
2023 · 204.21
Debt
€833k▲
2023 · €353k
Debt ≤ 1 year
€820k▲
2023 · €350k
Income taxes
€120k▲
2023 · €109k
Staff costs
€576k▲
2023 · €522k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Total assets
20/58€1.64M€1.74M▲
Fixed assets
21/28€282k€524k▲
Tangible fixed assets
22/27€269k€361k▲
Financial fixed assets
28€13k€163k▲
Current assets
29/58€1.36M€1.21M▼
Stocks & contracts in progress
3€25k€40k▲
Amounts receivable within one year
40/41€564k€530k▼
Investments
50/53€550k€500k▼
Cash & bank
54/58€221k€141k▼
Total equity & liabilities
10/49€1.64M€1.74M▲
Equity
10/15€1.29M€903k▼
Contributions / capital
10/11€6k€6k=
Reserves
13€1.28M€897k▼
Accumulated profits (losses)
14-€0
Amounts payable
17/49€353k€833k▲
Amounts payable within one year
42/48€350k€820k▲
Trade debts payable within one year
44€205k€201k▼
Income statement
Code20232024
Gross operating margin
9900€996k€1.10M▲
Operating result
9901€420k€453k▲
Financial income
75€20k€41k▲
Financial charges
65€2k€10k▲
Result before taxes
9903€438k€484k▲
Income taxes
67/77€109k€120k▲
Net result for the period
9904€329k€364k▲
Result to be appropriated
9905€329k€364k▲
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2021net €364k ▲10.8%
Operating result €453k, net result €364k, both a record.
06-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
25-01
State Gazette act
Minor change
Statutes change · Stefanie Mikolajczak
2023
31-12
Financial
Equity above €1MEq €1.29M ▲34.3%
3 profitable years in a row build equity to €1.29M.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 17 days late
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
DE ENGEL
BE 0435.566.721
Zandhoven · Eq €903k
MARTINELL
BE 0890.217.104
Zonhoven · Eq €903k
VALUMAT
BE 0839.468.484
Ichtegem · Eq €904k
ICE-MOUNTAIN
BE 0477.658.583
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BOURLA
BE 0427.576.988
Antwerpen · Eq €898k
Of 20,236 companies in sector 56111 we hold annual accounts for 10,942. 4,480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-1995
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 22-07-2026. Scores and ratios are computed by Checked and are not a credit decision.