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Remen Development

Active
Private limited companyfounded 2022active for 4 yearsGalven 54, 2440 Geel, BelgiumKBO/BCE: BE 0792.705.972
Summary

Remen Development has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€7,458) and a net result of -€17,999. Equity is shrinking by about 95% per year across the filed financial years. Its solvency ranks better than 10% of 39,200 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €96,000turnover 2025, estimated
Equity
-€7,458
Loss
-€17,999
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
2025 accounts filed 11 days late
Why 53raises riskCapped at 59: negative equityLiquidity: current ratio 0.12Negative equity -€7,458lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €671,440Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 21% of its sector peers (NACE 70, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 24-3
equity -1.1% of total assets
Liquidity 68+25
short-term debt 35.9%
Profitability 25-14
return on assets -2.7%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,501 companies, NACE 70, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.2%▼ -0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.3%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.2 percentage points vs 04-2026 06-2026: 0.9%▲ +0.4 percentage points vs 05-2026highest value 07-2026: 0.8%▼ -0.1 percentage points vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.12, compared with 0.3 in 2024, below 1; short-term debt: 35.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 8% on solvency, 60% on liquidity, 15% on profitability and 2% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.12
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €671,440
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€7,458
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€7,458
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-05-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
11 days late
2024
on the day
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 4 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end31-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€17,999
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

2025 annual accounts filed late (11 days) Filed on 11 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00107740.

Turnover
≈ €96,000
Estimated: probably between €56,000 and €130,000
Total assets
€671,440▲ 14.1%
2024 · €588,277
Net result
-€17,999
2024 · €3,766
Working capital
-€211,559▼ 110%
2024 · -€100,900
Trend over the years

2023 to 2025, 3 financial years

The operating result falls in 2025; 2025 is 72% below 2024 and is the lowest result in the available series.

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

Operating result€6,631 2025 Net result-€17,999 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€15,710-€23,718▲ 51.0%€6,631▼ 72.0%
Net result€3,775within the sector's middle half-€3,766within the sector's middle half▼ 0.2%-€17,999below the sector's middle half
Equity€6,775below the sector's middle half-€10,541below the sector's middle half▲ 55.6%-€7,458below the sector's middle half
Total assets€547,357above the sector's middle half-€588,277above the sector's middle half▲ 7.5%€671,440above the sector's middle half▲ 14.1%
Debt€540,582-€577,736▲ 6.9%€678,898▲ 17.5%
Working capital-€101,616below the sector's middle half--€100,900below the sector's middle half▲ 0.7%-€211,559below the sector's middle half▼ 110%
Solvency1.2%below the sector's middle half-1.8%below the sector's middle half▲ 0.6pp-1.1%below the sector's middle half▼ 2.9pp
Current ratio0.22below the sector's middle half-0.30below the sector's middle half▲ 0.070.12below the sector's middle half▼ 0.17
Return on assets (ROA)0.7%below the sector's middle half-0.6%below the sector's middle half=-2.7%below the sector's middle half▼ 3.3pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €671,440
Fixed assets €641,857 ▲ 17.6%
Current assets €29,584 ▼ 30.3%
Equity and liabilities
Equity-€7,458
Debt€678,898
Equity is negative: debt (€678,898) exceeds the balance-sheet total (€671,440).
Key figures and ratios
2025 value · change against 2024
EBITDA
€28,808▼
2024 · €44,869
Cash flow
€4,178▼
2024 · €24,917
Interest coverage
1.12▼
2024 · 2.36
Debt ≤ 1 year
€241,143▲
2024 · €143,350
Debt > 1 year
€437,756▲
2024 · €434,386
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.6% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
1.0% went bankrupt
2.1% stopped otherwise
96.6% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% over twelve months; the group does not contradict it.

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 1,251 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 · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€588,277€671,440▲
Fixed assets21/28€545,826€641,857▲
Tangible fixed assets22/27€545,826€641,857▲
Land and buildings22€545,826€641,857▲
Current assets29/58€42,451€29,584▼
Amounts receivable within one year40/41€30,423€27,993▼
Trade receivables40€11,150€5,750▼
Other amounts receivable41€19,273€22,243▲
Cash at bank and in hand54/58€11,418-
Deferred charges and accrued income490/1€610€1,591▲
Equity and liabilities
Total equity and liabilities10/49€588,277€671,440▲
Equity10/15€10,541-€7,458▼
Contributions10/11€3,000€3,000=
Reserves13€7,541€7,541=
Distributable reserves133€7,541€7,541=
Profit (loss) carried forward14--€17,999
Amounts payable17/49€577,736€678,898▲
Amounts payable after more than one year17€434,386€437,756▲
Financial debts170/4€434,386€437,756▲
Amounts payable within one year42/48€143,350€241,143▲
Current portion of amounts payable after more than one year42€17,385€15,941▼
Financial debts43-€119
Credit institutions430/8-€119
Trade debts44€9,355€107,209▲
Suppliers440/4€9,355€107,209▲
Taxes, remuneration and social security45€9,503€17,321▲
Taxes450/3€9,503€17,321▲
Other amounts payable47/48€107,107€100,552▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,151€22,176▲
Other operating charges640/8€7,617€4,253▼
Gross operating margin9900€52,486€33,061▼
Operating profit (loss)9901€23,718€6,631▼
Financial income75/76B€651€1,191▲
Recurring financial income75€651€1,191▲
Financial charges65/66B€19,032€25,822▲
Recurring financial charges65€19,032€25,822▲
Profit (loss) for the period before taxes9903€5,336-€17,999▼
Income taxes67/77€1,571-
Profit (loss) for the period9904€3,766-€17,999▼
Profit (loss) for the period to be appropriated9905€3,766-€17,999▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,766-€17,999▼
Transfer to equity691/2€3,766-
To other reserves6921€3,766-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,831€21,151€22,176▲ 4.8%
Other operating charges640/8€4,655€7,617€4,253▼ 44.2%
Gross operating margin9900€32,196€52,486€33,061▼ 37.0%
Operating profit (loss)9901€15,710€23,718€6,631▼ 72.0%
Financial income75/76B€184€651€1,191▲ 83.1%
Recurring financial income75€184€651€1,191▲ 83.1%
Financial charges65/66B€10,452€19,032€25,822▲ 35.7%
Recurring financial charges65€10,452€19,032€25,822▲ 35.7%
Profit (loss) for the period before taxes9903€5,441€5,336-€17,999-
Income taxes67/77€1,667€1,571--
Profit (loss) for the period9904€3,775€3,766-€17,999-
Profit (loss) for the period to be appropriated9905€3,775€3,766-€17,999-
Line202320242025Change
Assets
Total assets20/58€547,357€588,277€671,440▲ 14.1%
Fixed assets21/28€518,060€545,826€641,857▲ 17.6%
Tangible fixed assets22/27€518,060€545,826€641,857▲ 17.6%
Land and buildings22€518,060€545,826€641,857▲ 17.6%
Current assets29/58€29,297€42,451€29,584▼ 30.3%
Amounts receivable within one year40/41€17,771€30,423€27,993▼ 8.0%
Trade receivables40€12,430€11,150€5,750▼ 48.4%
Other amounts receivable41€5,341€19,273€22,243▲ 15.4%
Cash at bank and in hand54/58€11,481€11,418--
Deferred charges and accrued income490/1€45€610€1,591▲ 161%
Equity and liabilities
Total equity and liabilities10/49€547,357€588,277€671,440▲ 14.1%
Equity10/15€6,775€10,541-€7,458-
Contributions10/11€3,000€3,000€3,000=
Reserves13€3,775€7,541€7,541=
Distributable reserves133€3,775€7,541€7,541=
Profit (loss) carried forward14---€17,999-
Amounts payable17/49€540,582€577,736€678,898▲ 17.5%
Amounts payable after more than one year17€409,670€434,386€437,756▲ 0.8%
Financial debts170/4€409,670€434,386€437,756▲ 0.8%
Amounts payable within one year42/48€130,912€143,350€241,143▲ 68.2%
Current portion of amounts payable after more than one year42€11,229€17,385€15,941▼ 8.3%
Financial debts43--€119-
Credit institutions430/8--€119-
Trade debts44€10,222€9,355€107,209▲ 11×
Suppliers440/4€10,222€9,355€107,209▲ 11×
Taxes, remuneration and social security45€4,139€9,503€17,321▲ 82.3%
Taxes450/3€4,139€9,503€17,321▲ 82.3%
Other amounts payable47/48€105,322€107,107€100,552▼ 6.1%
Line202320242025Change
Profit (loss) for the period9904€3,775€3,766-€17,999-
+ Depreciation and write-downs630€11,831€21,151€22,176▲ 4.8%
Operating cash flow (approximation)€15,606€24,917€4,178▼ 83.2%
Investment in fixed assets (approximation)--€48,917-€118,207▼ 142%
Change in cash--€63--

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

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
30-09-2025 micro format 11-05-2026 2026-00107740
30-09-2024 micro format 30-04-2025 2025-00083404
30-09-2023 micro format 30-04-2024 2024-00083647

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,647. See the whole sector

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

Directors

Directors
No sitting directors in the Gazette act read. See the directors and other office holders in the KBO →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 24-10-2022 ↗
  • VANLOMMEL An founder
  • REMEN Bart founder

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 24-10-2022 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

No sitting directors or connected companies in the Gazette act read.

History

On 20 October 2022, Remen Development was incorporated as a private limited company by two natural persons, with a starting capital of €3,000.12 Total assets went from €547,357 in 2023 to €671,440 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-10-2022
  3. 3National Bank, annual accounts 2023 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
11-05
NBB filing Annual accounts filed
financial year 2025 · micro format · 11 days late
2025
30-09
Financial Weakest financial yearnet -€17,999
Net result drops to -€17,999, the lowest in the series.
30-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
30-04
NBB filing Annual accounts filed
financial year 2023 · micro format
2022
24-10
Gazette deed Incorporation
Founder · Founding capital4 facts ▸
  • Incorporation, 19-10-2022
  • Founder, VANLOMMEL An
  • Founder, REMEN Bart
  • Founding capital, €3,000
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded20-10-2022
Financial year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
74999Other professional, scientific and technical activities
78100Employment placement agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0792705972
Also 9925:BE0792705972
Registered 05-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
2,156 m²
Building footprint
464 m²
Building volume
2,088 m³
Parcel 13008H0115/00C000, Flanders · tallest building 7.7 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Remen Development
Galven 54, 2440 GeelBusiness and other management consultancy
since 2022unit no. 2.339.302.874
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
13008H0115/00C000 Flanders 2,156 m² 1 · 464 m² 7.7 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Advies in(preventieve)brandbeveiliging; Projectcalculaties; Het opmaken van…” (deed in Dutch)
16 activities (deed in Dutch)
  1. Advies in(preventieve)brandbeveiliging;
  2. Projectcalculaties;
  3. Het opmaken van EnergiePrestatieCertificaten(EPC’s),EPB-aangiften,ventilatieverslaggeving;
  4. De keuring van elektrische installaties;
  5. Het uitvoeren van blowerdoortests;
  6. Asbestinventarisatie en-verslaggeving;
  7. Alle mogelijke advies-en/of dienstenfuncties uitoefenen op het vlak van public relations en communicatie,managementactiviteiten,consultancy,bedrijfsbeheer en bedrijfsvoering;
  8. Overige zakelijke dienstverlening aan bedrijven,privépersonen en instellingen in verband met administratie en bedrijfsprocessen;
  9. Het verlenen van advies en praktische hulp aan bedrijven en instellingen in verband met communicatie,planning,organisatie,efficiëntie en toezicht,het verschaffen van advies aan de bedrijfsleiding;
  10. Alle vormen van advies-en/of dienstenfuncties op het vlak van project-en programmanagement;
  11. Het uitvoeren van marktstudies en effectiviteitsstudies;
  12. Het beheren van eigen onroerende goederen;
  13. Het verhuren van onroerende goederen;
  14. Het coördineren van bouwprojecten;
  15. Het organiseren en coördineren van evenementen in de ruimste zin van het woord en alle activiteiten die hieraan verbonden zijn;
  16. De exploitatie van accommodatie voor de organisatie van evenementen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
Remen Development
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 24-10-2022

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)

deed of 24-10-2022

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of March at 13:00

deed of 24-10-2022

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bevoegdheden bestuursorgaan, wat wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Other provision: “Vaste of evenredige vergoeding, los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “3 jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Winstverdeling en uitkeringen, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
1 more provision in the deed, see the deed of 24-10-2022

deed of 24-10-2022