Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for RJM'ART according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-36k) and a net result of €-15k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 eventsSignals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | nothing on record | not filed | - |
| 30-06-2024 | 31-01-2025 | 31-01-2025 | on the day | 2025-00024580 |
| 30-06-2023 | 31-01-2024 | 30-01-2024 | 1 d early | 2024-00011640 |
| 30-06-2022 | 31-01-2023 | 27-01-2023 | 4 d early | 2023-00010671 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2024| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -47.7% | 40.9% | |
| Net result | €-15k | €11k | |
| Equity | €-36k | €34k | |
| Gross operating margin | €101k | €35k | |
| Staff costs | €96k | €25k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €4k |
| Net profit | €-15k |
| Cash flow | €-2k |
| Staff costs | €96k |
| Income taxes | €100 |
| Dividends | - |
| Total assets | €75k |
| Equity | €-36k |
| Debt | €111k |
| of which ≤ 1y | €105k |
| of which > 1y | €5k |
| Working capital | €-36k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.66 |
| Working capital ratio | -48.0% |
| Solvency | -47.7% |
| Debt / equity | -3.10 |
| Long-term debt ratio | -0.14 |
| Interest coverage | 0.64 |
| Gross margin | - |
| Net margin | - |
| ROA | -20.1% |
| ROE | 42.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €75k |
| Fixed assets | 21/28 | €6k |
| Formation expenses | 20 | €467 |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €425 |
| Current assets | 29/58 | €69k |
| Amounts receivable within one year | 40/41 | €66k |
| Cash & bank | 54/58 | €27 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €75k |
| Equity | 10/15 | €-36k |
| Contributions / capital | 10/11 | €5k |
| Accumulated profits (losses) | 14 | €-41k |
| Amounts payable | 17/49 | €111k |
| Amounts payable after one year | 17 | €5k |
| Amounts payable within one year | 42/48 | €105k |
| Trade debts payable within one year | 44 | €76k |
| Income statement | ||
| Gross operating margin | 9900 | €101k |
| Operating result | 9901 | €-9k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-15k |
| Income taxes | 67/77 | €100 |
| Net result for the period | 9904 | €-15k |
| Result to be appropriated | 9905 | €-15k |
Health barometer
FY 2024 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Directors
Directors & mandates
2 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PATRICK DAVREUX RUE DE LA STATION 17,
6920 WELLIN |
16-01-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Schilderen van gebouwen(43341) |
| Legal form | Private limited company(610) |
| Incorporation | 02-04-2021 |
| Status | Active |
| Postal code | 6700 |
| First BS signal | 22-01-2026 |
| Latest BS signal | 22-01-2026 |
Structure & network
Ownership & control
No ownership or control structure found in the sources.
For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.
1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sampont, chaussée Romaine 1026700 ArlonEstablishment units
1 locationPublications
Lifecycle & Insolvency Signals
1 event from the State GazetteTime machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 acts04-06-2025 Registered office moved from ARLON to SAMPONT
- Avenue du Bois d'Arlon 96 - 6700 ARLON → 102, Chaussée Romaine à B - 6700 SAMPONT
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
AI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | RJM'ART |