RJMSV is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.12M and a net result of €55k. Equity is growing by ~40.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 2777 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 24-07-2025, 7 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
34 d early
2022
22 d late
2021
48 d early
2020
27 d late
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€1.12M▲ 4.9%
2023 · €1.07M
2018: €-83k
2019: €102k
2020: €229k
2021: €558k
2022: €834k
2023: €1.07M
2018 → 2024
Net result
€55k▼ 78.1%
2023 · €250k
2018: €-102k
2019: €184k
2020: €127k
2021: €367k
2022: €288k
2023: €250k
2018 → 2024
Total assets
€2.01M▼ 6.4%
2023 · €2.15M
2018: €1.61M
2019: €1.66M
2020: €1.90M
2021: €2.01M
2022: €2.04M
2023: €2.15M
2018 → 2024
Solvency
56.0%▲ 6.0pp
2023 · 49.9%
2018: -5.1%
2019: 6.1%
2020: 12.0%
2021: 27.8%
2022: 40.8%
2023: 49.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€501k-
Equity€229k-€558k▲ 144%€834k▲ 49.4%€1.07M▲ 28.5%€1.12M▲ 4.9%
Operating result€204k-€390k▲ 91.2%€236k▼ 39.6%€316k▲ 34.1%€93k▼ 70.6%
Net result€127k-€367k▲ 189%€288k▼ 21.4%€250k▼ 13.1%€55k▼ 78.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.01M
Fixed assets
€1.64M▲ 0.1%
Current assets
€371k▼ 27.3%
Equity and liabilities €2.01M
Equity
€1.12M▲ 4.9%
Debt
€885k▼ 17.7%
The debt ratio falls from 50.1% to 44.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
56.0%▲
2023 · 49.9%
ROE
4.9%▼
2023 · 23.4%
ROA
2.7%▼
2023 · 11.7%
Debt
€885k▼
2023 · €1.07M
Debt ≤ 1 year
€271k▼
2023 · €324k
Debt > 1 year
€614k▼
2023 · €751k
Income taxes
€23k▼
2023 · €78k
Staff costs
€67k▲
2023 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.15M€2.01M▼
Fixed assets21/28€1.64M€1.64M▲
Tangible fixed assets22/27€1.19M€1.19M▲
Land and buildings22€1.18M€1.15M▼
Furniture and vehicles24€7k€33k▲
Financial fixed assets28€450k€450k=
Current assets29/58€511k€371k▼
Amounts receivable within one year40/41€280k€70k▼
Trade receivables40€55k€58k▲
Other amounts receivable41€225k€12k▼
Cash at bank and in hand54/58€230k€300k▲
Deferred charges and accrued income490/1€915€922▲
Equity and liabilities
Total equity and liabilities10/49€2.15M€2.01M▼
Equity10/15€1.07M€1.12M▲
Contributions10/11€19k€19k=
Reserves13€385k€385k=
Tax-exempt reserves132€105k€105k=
Distributable reserves133€280k€280k=
Profit (loss) carried forward14€665k€720k▲
Investment grants15€2k-
Amounts payable17/49€1.07M€885k▼
Amounts payable after more than one year17€751k€614k▼
Financial debts170/4€751k€614k▼
Amounts payable within one year42/48€324k€271k▼
Current portion of amounts payable after more than one year42€159k€168k▲
Financial debts43€22k€8k▼
Credit institutions430/8€22k€8k▼
Trade debts44€45k€58k▲
Suppliers440/4€45k€58k▲
Taxes, remuneration and social security45€37k€17k▼
Taxes450/3€30k€8k▼
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€61k€20k▼
Accrued charges and deferred income492/3€20€105▲
Income statement
Code20232024
Non-recurring operating income76A€13k€48k▲
Remuneration, social security and pensions62€57k€67k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€72k▼
Other operating charges640/8€18k€18k▼
Gross operating margin9900€465k€250k▼
Operating profit (loss)9901€316k€93k▼
Financial income75/76B€30k-
Recurring financial income75€30k-
Financial charges65/66B€17k€15k▼
Recurring financial charges65€17k€15k▼
Profit (loss) for the period before taxes9903€329k€78k▼
Income taxes67/77€78k€23k▼
Profit (loss) for the period9904€250k€55k▼
Transfer to tax-exempt reserves689€105k-
Profit (loss) for the period to be appropriated9905€145k€55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€665k€720k▲
Profit (loss) brought forward from the previous period14P€520k€665k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €1MEq €1.07M ▲28.5%
5 profitable years in a row build equity to €1.07M.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €367k ▲189%
Operating result €390k, net result €367k, both a record.
31-12
Financial
Equity above €500kEq €558k ▲144%
3 profitable years in a row build equity to €558k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Equity above €200kEq €229k ▲124%
2 profitable years in a row build equity to €229k.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 33 days late
2019
31-12
Financial
Back to profitnet €184k
Net result €184k after one loss-making year.
31-12
Financial
Equity above €100kEq €102k
Equity rises from €-83k to €102k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-05-2024
DAMMAN Philippe: Resigned as Director
24-05-2024
Viviane Jacqueline Marcelle Eugénie Ghislaine DONNAY: Resigned as Director
31-05-2022
PAQUES Laurent: Resigned as Managing director
Location & real-estate footprint
Registered office, Courcelles · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Liège(CO) 806180 CourcellesGround area
8.5 ha
Building footprint
3.0 ha
Volume, LiDAR
291,849 m³
Parcel 52322A0103/00T000, Wallonia · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RJMSV
since 20172.263.183.511
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52322A0103/00T000 | Wallonia | 8.5 ha | 1 · 3.0 ha | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 12,401 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.