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REMASTER

Active
Private limited company (pre-2019)founded 2013active for 13 yearsBoomstraat 20, 3798 Voeren, BelgiumKBO/BCE: BE 0535.677.748
Summary

The computed 12-month bankruptcy probability of REMASTER is 4.7% (elevated). The 2024 annual accounts show equity of €218,602 and a net result of €2,621. Equity remains stable across the filed financial years (±1.4% per year). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 27 October 2026.

Equity
€218,602▲ 1.2%
2023 · €215,981
Total assets
€796,839▼ 13.0%
2023 · €916,192
Net result
€2,621▼ 46.0%
2023 · €4,856
Working capital
-€580,858▲ 0.8%
2022 · -€585,714
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result falls in 2024; 2024 is 47% below 2023.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.003m 2024 Net result€0.003m 2024

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€0.09m--€0.08m-€0.001m▲ 98.2%€0.004m€0.004m=€0.005m▲ 14.9%€0.003m▼ 47.0%
Net result€0.07m--€0.2m-€0.002m▲ 98.8%€0.004m€0.004m=€0.005m▲ 12.9%€0.003m▼ 46.0%
Equity€0.4m-€0.2m▼ 42.6%€0.2m▼ 0.9%€0.2m▲ 2.1%€0.2m▲ 2.1%€0.2m▲ 2.3%€0.2m▲ 1.2%
Total assets€1.9m-€1.8m▼ 4.5%€0.9m▼ 49.2%€0.9m=€0.9m=€0.9m=€0.8m▼ 13.0%
Debt€1.5m-€1.6m▲ 4.4%€0.7m▼ 55.3%€0.7m▼ 0.6%€0.7m▼ 0.6%€0.7m▼ 0.7%€0.6m▼ 17.4%
Working capital€0.4m-€0.8m▲ 113%-€0.6m-€0.6m▲ 0.7%-€0.6m▲ 0.7%-€0.6m▲ 0.8%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €796,839
Equity €218,602 ▲ 1.2%
Debt €578,237 ▼ 17.4%
Debt's share of the balance-sheet total falls from 76.4% to 72.6%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
Debt to equity
2.65▼
2023 · 3.24
ROE
1.2%▼
2023 · 2.2%
ROA
0.3%▼
2023 · 0.5%
Debt ≤ 1 year
€578,237▼
2023 · €700,211
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,107 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98.0% are still going.

  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
1.0% went bankrupt
0.9% stopped otherwise
98.0% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,107 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€916,192€796,839▼
Fixed assets21/28€796,839€796,839=
Tangible fixed assets22/27€796,839€796,839=
Land and buildings22€782,676€782,676=
Plant, machinery and equipment23€11,659€11,659=
Furniture and vehicles24€2,504€2,504=
Current assets29/58€119,353-
Amounts receivable within one year40/41€119,353-
Trade receivables40€119,353-
Equity and liabilities
Total equity and liabilities10/49€916,192€796,839▼
Equity10/15€215,981€218,602▲
Contributions10/11€150,000€150,000=
Capital10€150,000€150,000=
Issued capital100€500,000€500,000=
Uncalled capital101€350,000€350,000=
Reserves13€205,957€205,957=
Non-distributable reserves130/1€20,996€20,996=
Legal reserve130€20,996€20,996=
Tax-exempt reserves132€334€334=
Distributable reserves133€184,627€184,627=
Profit (loss) carried forward14-€139,975-€137,355▲
Amounts payable17/49€700,211€578,237▼
Amounts payable within one year42/48€700,211€578,237▼
Financial debts43€120-
Credit institutions430/8€120-
Other amounts payable47/48€700,091€578,237▼
Income statement Code20232024
Other operating charges640/8€930€1,317▲
Gross operating margin9900€5,875€3,938▼
Operating profit (loss)9901€4,945€2,621▼
Financial charges65/66B€89-
Recurring financial charges65€89-
Profit (loss) for the period before taxes9903€4,856€2,621▼
Profit (loss) for the period9904€4,856€2,621▼
Profit (loss) for the period to be appropriated9905€4,856€2,621▼
Appropriation of the result
Profit (loss) to be appropriated9906-€139,975-€137,355▲
Profit (loss) brought forward from the previous period14P-€144,832-€139,975▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115,730€78,589------
Other operating charges640/8---€2,195€2,195€930€1,317▲ 41.6%
Gross operating margin9900€207,253-€598€2,396€6,498€6,498€5,875€3,938▼ 33.0%
Operating profit (loss)9901€87,024-€81,086-€1,475€4,303€4,303€4,945€2,621▼ 47.0%
Recurring financial income75€61,622€21,550------
Financial charges65/66B-----€89--
Recurring financial charges65€39,089€92,056€370--€89--
Profit (loss) for the period before taxes9903€109,556-€151,592-€1,845€4,303€4,303€4,856€2,621▼ 46.0%
Income taxes67/77€44,129-------
Profit (loss) for the period9904€65,427-€151,592-€1,845€4,303€4,303€4,856€2,621▼ 46.0%
Profit (loss) for the period to be appropriated9905€65,427-€151,592-€1,845€4,303€4,303€4,856€2,621▼ 46.0%
Line2018201920202021202220232024Change
Assets
Total assets20/58€1.9m€1.8m€0.9m€0.9m€0.9m€0.9m€0.8m▼ 13.0%
Fixed assets21/28€1.0m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m=
Tangible fixed assets22/27€1.0m€0.8m€0.8m€0.8m€0.8m€0.8m€0.8m=
Land and buildings22---€0.8m€0.8m€0.8m€0.8m=
Plant, machinery and equipment23---€0.01m€0.01m€0.01m€0.01m=
Furniture and vehicles24---€0.003m€0.003m€0.003m€0.003m=
Current assets29/58€0.9m€1.0m€0.1m€0.1m€0.1m€0.1m--
Amounts receivable within one year40/41€0.8m€0.1m€0.1m€0.1m€0.1m€0.1m--
Trade receivables40---€0.1m€0.1m€0.1m--
Cash at bank and in hand54/58€0.03m€0.001m------
Equity and liabilities
Total equity and liabilities10/49€1.9m€1.8m€0.9m€0.9m€0.9m€0.9m€0.8m▼ 13.0%
Equity10/15€0.4m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 1.2%
Contributions10/11€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Capital10----€0.2m€0.2m€0.2m=
Issued capital100----€0.5m€0.5m€0.5m=
Uncalled capital101----€0.4m€0.4m€0.4m=
Reserves13€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Non-distributable reserves130/1---€0.02m€0.02m€0.02m€0.02m=
Legal reserve130----€0.02m€0.02m€0.02m=
Reserves not available under the articles1311---€0.02m----
Tax-exempt reserves132---€334€334€334€334=
Distributable reserves133---€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14--€0.2m-€0.2m-€0.1m-€0.1m-€0.1m-€0.1m▲ 1.9%
Amounts payable17/49€1.5m€1.6m€0.7m€0.7m€0.7m€0.7m€0.6m▼ 17.4%
Amounts payable after more than one year17€1.0m€1.4m------
Amounts payable within one year42/48€0.5m€0.2m€0.7m€0.7m€0.7m€0.7m€0.6m▼ 17.4%
Financial debts43---€120€120€120--
Credit institutions430/8---€120€120€120--
Trade debts44€0.003m€0.001m------
Other amounts payable47/48---€0.7m€0.7m€0.7m€0.6m▼ 17.4%
Line2018201920202021202220232024Change
Profit (loss) for the period9904€65,427-€151,592-€1,845€4,303€4,303€4,856€2,621▼ 46.0%
+ Depreciation and write-downs630€115,730€78,589------
Operating cash flow (approximation)€181,157-€73,003-€1,845€4,303€4,303€4,856€2,621▼ 46.0%
Investment in fixed assets (approximation)-€111,425€0€0€0€0€0-
Change in cash--€24,556------

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 micro format 09-10-2025 2025-00537090
31-12-2023 micro format 02-12-2024 2024-00607856
31-12-2022 micro format 02-12-2024 2024-00607658
31-12-2021 abbreviated format 16-01-2023 2023-00001054
31-12-2020 micro format 14-03-2022 2022-08000068
31-12-2019 micro format 05-06-2021 2021-18200581
31-12-2018 abbreviated format 27-11-2019 2019-74900380
31-12-2017 abbreviated format 27-09-2018 2018-64900564
31-12-2016 abbreviated format 18-06-2018 2018-18500044
31-12-2015 abbreviated format 13-03-2017 2017-06600078

Show all 11 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.