Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Remecare is 0.6% (low). The 2024 annual accounts show negative equity (€-2.77M) and a net result of €-1.13M. Equity is shrinking by ~66.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 96 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Trust signals
3 signalsAdministrative Flags
0 eventsFinancials
Annual accounts & ratios
Source: NBB · 2024How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -80.1% | 38.1% | |
| Net result | €-1.13M | €10k | |
| Equity | €-2.77M | €43k | |
| Gross operating margin | €-12k | €38k | |
| Staff costs | €293k | €100k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-306k |
| Net profit | €-1.13M |
| Cash flow | €-357k |
| Staff costs | €293k |
| Income taxes | €185 |
| Dividends | - |
| Total assets | €3.46M |
| Equity | €-2.77M |
| Debt | €6.24M |
| of which ≤ 1y | €271k |
| of which > 1y | €5.85M |
| Working capital | €158k |
| Employees (FTE) | 3.8 |
| 2024 | |
|---|---|
| Current ratio | 1.58 |
| Quick ratio | 1.58 |
| Working capital ratio | 4.6% |
| Solvency | -80.1% |
| Debt / equity | -2.25 |
| Long-term debt ratio | -2.11 |
| Interest coverage | -6.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -32.8% |
| ROE | 40.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.46M |
| Fixed assets | 21/28 | €3.03M |
| Intangible fixed assets | 21 | €2.99M |
| Tangible fixed assets | 22/27 | €43k |
| Financial fixed assets | 28 | €0 |
| Current assets | 29/58 | €429k |
| Amounts receivable within one year | 40/41 | €330k |
| Cash & bank | 54/58 | €98k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.46M |
| Equity | 10/15 | €-2.77M |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-2.79M |
| Amounts payable | 17/49 | €6.24M |
| Amounts payable after one year | 17 | €5.85M |
| Amounts payable within one year | 42/48 | €271k |
| Trade debts payable within one year | 44 | €238k |
| Income statement | ||
| Gross operating margin | 9900 | €-12k |
| Operating result | 9901 | €-1.08M |
| Financial income | 75 | €1 |
| Financial charges | 65 | €51k |
| Result before taxes | 9903 | €-1.13M |
| Income taxes | 67/77 | €185 |
| Net result for the period | 9904 | €-1.13M |
| Result to be appropriated | 9905 | €-1.13M |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Structure & network
Locations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0301/00Y000 | Flanders | 1,894 m² | 1 · 193 m² | 7.0 m · 2 fl. |
Analysis
Snowflake analysis
financial profile on 5 axesStrong profile, led by profitability.
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Credit advice
verdict per customer and amountSimilar
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Company registry (CBE)
Crossroads Bank| Legal nameNL | Remecare |