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RGMOTORS

Active
Private limited companyfounded 2017active for 9 yearsIzegemsestraat 98, 8800 Roeselare, BelgiumKBO/BCE: BE 0673.525.240
Summary

The computed 12-month bankruptcy probability of RGMOTORS is 2.4% (moderate). The 2024 annual accounts show equity of €52,225 and a net result of -€34,377. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 3,518 sector peers (NACE 95, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
€758,465total assets 2024
Equity
€52,225
Loss
-€34,377
Turnover not published (micro format)
Financial health
50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Structure
Accounts 74 days overdue0 of 3 deeds read
Why 50raises riskFigures for financial year 2024 (filed 22-07-2025)Equity €52,225 (6.9% of total assets)Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskSize: total assets €758,465Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Weak
Solvency 32-4
equity 6.9% of total assets
Liquidity 21-3
short-term debt 60.7% · cash 2.1%
Profitability 13+2
return on assets -4.5%
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,114 companies, NACE 95, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.2%▲ +0.2 percentage points vs 06-2025 08-2025: 0.6%▼ -0.6 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025lowest value 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.7%▲ +0.1 percentage points vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.3 percentage points vs 08-2026 10-2026: 2.4%▲ +1.0 percentage point vs 09-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.45, compared with 0.45 in 2023, below 1; short-term debt: 60.7% and cash: 2.1% of total assets), and 93.1% of the assets are financed with debt and provisions.
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 95, micro): better than 21% on solvency, 15% on liquidity, 15% on profitability and 11% on growth.

The bankruptcy probability was computed on 13-10-2026 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).

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Signals

Eight signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 22-07-2025)
NBB · annual accounts
lowers risk · Size: total assets €758,465
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €52,225 (6.9% of total assets)
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€34,377
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 3518 sector peers (2024).
NBB · sector comparison
Position among 3518 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 74 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline13-10-2026 today
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 22-07-2025, 9 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
9 days early
2023
30 days late
2022
24 days early
2021
25 days early
2020
2 days early
2019
140 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 18 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Annual accounts filedfinancial year 2022 · micro…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2024 -€34,377 View
  • Caution: Among the weakest 5% on net resultsector median €7,371 · 3,510 companies -€34,377 View
  • Caution: Accounts not fileddeadline was 31-07-2026 74 days late View

By topic

Financials

Financial year
2024
Total assets
€758,465
Loss
-€34,377
Solvency
6.9%
Total assets▼ 0.3%
Net result
20182024
Go to Financials

Timeline

Events
8
Since
2019
  1. 31-12-2022Equity above €100,000
  2. 06-07-2022Annual accounts filed
  3. 29-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
27-03-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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