RM CONSTRUCT
ActiveSummary
RM CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €11k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 68% of 1904 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+68
Solvency88▲+13
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 1.94 in 2024; short-term debt: 36.7% and cash: 4.2% of total assets), and 36.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.3%
Return on assets
14.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 8 filingsDeviation from the deadline
2025
26 d late
2024
56 d late
2023
65 d late
2022
120 d late
2021
120 d late
2020
61 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 29.9%
2024 · €37k
2018: €21k
2019: €33k
2020: €33k
2021: €37k
2022: €34k
2023: €42k
2024: €37k
2018 → 2025
Total assets
€75k▲ 2.5%
2024 · €73k
2018: €71k
2019: €124k
2020: €85k
2021: €105k
2022: €109k
2023: €96k
2024: €73k
2018 → 2025
Net result
€11k
2024 · €-5k
2018: €9k
2019: €13k
2020: €-457
2021: €4k
2022: €-2k
2023: €8k
2024: €-5k
2018 → 2025
Working capital
€40k▲ 38.4%
2024 · €29k
2018: €17k
2019: €31k
2020: €33k
2021: €37k
2022: €29k
2023: €35k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€34k▼ 6.5%€42k▲ 22.4%€37k▼ 12.8%€47k▲ 29.9%
Operating result€14k-€3k▼ 81.1%€15k▲ 458%€2k▼ 84.2%€22k▲ 809%
Net result€4k-€-2k€8k€-5k€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 809% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€7k ▼ 45.0%
Current assets
€68k ▲ 13.3%
Equity and liabilities €75k
Equity
€47k ▲ 29.9%
Debt
€28k ▼ 24.7%
Debt's share of the balance-sheet total falls from 50.0% to 36.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €9k
Cash flow
€17k▲
2024 · €948
Current ratio
2.46▲
2024 · 1.94
Debt to equity
0.58▼
2024 · 1.00
ROE
23.0%▲
2024 · -14.6%
ROA
14.5%▲
2024 · -7.3%
Interest coverage
12.39▲
2024 · 1.16
Debt ≤ 1 year
€28k▼
2024 · €31k
Income taxes
€9k▲
2024 · €226
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€73k€75k▲
Fixed assets21/28€13k€7k▼
Tangible fixed assets22/27€13k€7k▼
Plant, machinery and equipment23€867€1k▲
Furniture and vehicles24€2k€1k▼
Leasing and similar rights25€10k€5k▼
Current assets29/58€60k€68k▲
Amounts receivable within one year40/41€60k€64k▲
Trade receivables40€48k€44k▼
Other amounts receivable41€12k€21k▲
Cash at bank and in hand54/58-€3k
Equity and liabilities
Total equity and liabilities10/49€73k€75k▲
Equity10/15€37k€47k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€22k€33k▲
Amounts payable17/49€37k€28k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€31k€28k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Financial debts43€10k€10k=
Credit institutions430/8€10k€10k=
Trade debts44€12k€3k▼
Suppliers440/4€12k€3k▼
Taxes, remuneration and social security45€5k€10k▲
Taxes450/3€5k€10k▲
Income statement
Code20242025
Remuneration, social security and pensions62€221-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€649€4k▲
Gross operating margin9900€10k€32k▲
Operating profit (loss)9901€2k€22k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€8k€2k▼
Recurring financial charges65€8k€2k▼
Profit (loss) for the period before taxes9903€-5k€20k▲
Income taxes67/77€226€9k▲
Profit (loss) for the period9904€-5k€11k▲
Profit (loss) for the period to be appropriated9905€-5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€33k▲
Profit (loss) brought forward from the previous period14P€28k€22k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €-5k ▼170%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 120 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 474 days late
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Highest result since 2018net €13k ▲46.6%
Net result €13k, the highest in the series.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 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.
Herbroekstraat 123720 HasseltGround area
1,459 m²
Building footprint
108 m²
Volume, LiDAR
789 m³
Parcel 73040B0297/00F000, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RM CONSTRUCT
since 20172.270.195.225
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040B0297/00F000 | Flanders | 1,459 m² | 1 · 108 m² | 9.8 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.
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Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,035 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
25110Manufacture of metal structures and parts of structures
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.