REMWAAL
ActiveSummary
REMWAAL has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-293k) and a net result of €-2k. Equity remains stable across the filed fiscal years (±0.7% per year). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2023; short-term debt: 124.6% of total assets), and equity is negative.
Credit check 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-143%
Return on assets
-1.2%
Age of the figures
21 mo
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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-293k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
55 d late
2022
32 d late
2021
31 d late
2020
88 d late
2019
89 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-293k▼ 0.8%
2023 · €-291k
2018: €-280khighest in 7 years
2019: €-282k▼ -0.7% vs 2018
2020: €-284k▼ -0.7% vs 2019
2021: €-286k▼ -0.7% vs 2020
2022: €-288k▼ -0.8% vs 2021
2023: €-291k▼ -0.8% vs 2022
2024: €-293k▼ -0.8% vs 2023lowest in 7 years
2018 → 2024
Total assets
€205k=
2023 · €205k
2018: €205khighest in 7 years
2019: €205k● 0.0% vs 2018highest in 7 years
2020: €205k● 0.0% vs 2019highest in 7 years
2021: €205k● 0.0% vs 2020highest in 7 years
2022: €205k● 0.0% vs 2021highest in 7 years
2023: €205k● 0.0% vs 2022highest in 7 years
2024: €205k● 0.0% vs 2023highest in 7 years
2018 → 2024
Net result
€-2k▼ 8.7%
2023 · €-2k
2018: €-2khighest in 7 years
2019: €-2k▼ -8.6% vs 2018
2020: €-2k▼ -5.9% vs 2019
2021: €-2k▼ -3.2% vs 2020
2022: €-2k▼ -4.4% vs 2021
2023: €-2k▼ -2.7% vs 2022
2024: €-2k▼ -8.7% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-253k▼ 1.0%
2023 · €-250k
2018: €-240khighest in 7 years
2019: €-242k▼ -0.8% vs 2018
2020: €-244k▼ -0.8% vs 2019
2021: €-246k▼ -0.8% vs 2020
2022: €-248k▼ -0.9% vs 2021
2023: €-250k▼ -0.9% vs 2022
2024: €-253k▼ -1.0% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-284k-€-286k▼ 0.7%€-288k▼ 0.8%€-291k▼ 0.8%€-293k▼ 0.8%
2020: €-284khighest in 5 years
2021: €-286k▼ -0.7% vs 2020
2022: €-288k▼ -0.8% vs 2021
2023: €-291k▼ -0.8% vs 2022
2024: €-293k▼ -0.8% vs 2023lowest in 5 years
Operating result€-2k-€-2k▼ 3.2%€-2k▼ 4.4%€-2k▼ 2.7%€-2k▼ 6.6%
2020: €-2khighest in 5 years
2021: €-2k▼ -3.2% vs 2020
2022: €-2k▼ -4.4% vs 2021
2023: €-2k▼ -2.7% vs 2022
2024: €-2k▼ -6.6% vs 2023lowest in 5 years
Net result€-2k-€-2k▼ 3.2%€-2k▼ 4.4%€-2k▼ 2.7%€-2k▼ 8.7%
2020: €-2khighest in 5 years
2021: €-2k▼ -3.2% vs 2020
2022: €-2k▼ -4.4% vs 2021
2023: €-2k▼ -2.7% vs 2022
2024: €-2k▼ -8.7% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €2k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €205k
Fixed assets
€202k =
Current assets
€2k =
Key figures and ratios
Solvency
-143.0%▼
2023 · -141.8%
Current ratio
0.01▼
2023 · 0.01
Debt to equity
-1.70▲
2023 · -1.71
ROA
-1.2%▼
2023 · -1.1%
Debt
€498k▲
2023 · €496k
Debt ≤ 1 year
€255k▲
2023 · €253k
Debt > 1 year
€243k=
2023 · €243k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet
Code20232024
Assets
Total assets20/58€205k€205k=
Fixed assets21/28€202k€202k=
Financial fixed assets28€202k€202k=
Current assets29/58€2k€2k=
Amounts receivable within one year40/41€2k€2k=
Trade receivables40€2k€2k=
Equity and liabilities
Total equity and liabilities10/49€205k€205k=
Equity10/15€-291k€-293k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-353k€-355k▼
Amounts payable17/49€496k€498k▲
Amounts payable after more than one year17€243k€243k=
Financial debts170/4€243k€243k=
Amounts payable within one year42/48€253k€255k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Other amounts payable47/48€251k€254k▲
Income statement
Code20232024
Other operating charges640/8€499€513▲
Gross operating margin9900€-2k€-2k▼
Operating profit (loss)9901€-2k€-2k▼
Financial charges65/66B-€47
Recurring financial charges65-€47
Profit (loss) for the period before taxes9903€-2k€-2k▼
Profit (loss) for the period9904€-2k€-2k▼
Profit (loss) for the period to be appropriated9905€-2k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-353k€-355k▼
Profit (loss) brought forward from the previous period14P€-350k€-353k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €466 | €460 | €499 | €513 | ▲ 2.8% |
| Gross operating margin9900 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 7.7% |
| Operating profit (loss)9901 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 6.6% |
| Financial charges65/66B | - | - | - | - | €47 | - |
| Recurring financial charges65 | - | - | - | - | €47 | - |
| Profit (loss) for the period before taxes9903 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 8.7% |
| Profit (loss) for the period9904 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 8.7% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 8.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €205k | €205k | €205k | €205k | €205k | = |
| Fixed assets21/28 | €202k | €202k | €202k | €202k | €202k | = |
| Financial fixed assets28 | €202k | €202k | €202k | €202k | €202k | = |
| Current assets29/58 | €2k | €2k | €2k | €2k | €2k | = |
| Amounts receivable within one year40/41 | €2k | €2k | €2k | €2k | €2k | = |
| Trade receivables40 | - | €2k | €2k | €2k | €2k | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €205k | €205k | €205k | €205k | €205k | = |
| Equity10/15 | €-284k | €-286k | €-288k | €-291k | €-293k | ▼ 0.8% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Profit (loss) carried forward14 | €-346k | €-348k | €-350k | €-353k | €-355k | ▼ 0.7% |
| Amounts payable17/49 | €489k | €491k | €493k | €496k | €498k | ▲ 0.5% |
| Amounts payable after more than one year17 | €243k | €243k | €243k | €243k | €243k | = |
| Financial debts170/4 | - | €243k | €243k | €243k | €243k | = |
| Amounts payable within one year42/48 | €246k | €249k | €251k | €253k | €255k | ▲ 1.0% |
| Trade debts44 | €1k | €1k | €2k | €2k | €2k | ▼ 3.7% |
| Suppliers440/4 | - | €1k | €2k | €2k | €2k | ▼ 3.7% |
| Other amounts payable47/48 | - | €247k | €249k | €251k | €254k | ▲ 1.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 8.7% |
| Operating cash flow (approximation) | €-2k | €-2k | €-2k | €-2k | €-2k | ▼ 8.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 53 days late
2024
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 55 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 89 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 91 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 90 days late
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 45 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, De Haan · 1 establishment unit since 1997
Ground area
570 m²
Building footprint
323 m²
Volume, LiDAR
4,509 m³
2 parcels, Flanders · tallest building 27.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
REMWAAL
since 19972.082.533.085
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2754/00F005 | Flanders | 369 m² | 1 · 217 m² | 26.9 m · 6 fl. |
| 35007A0024/00G005 | Flanders | 201 m² | 1 · 106 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Identification & contact
Identification
Legal formPublic limited company
Founded08-01-1997
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.