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RM CONSTRUCT

Active
Private limited companyfounded 200620 yrs activeEigenbilzenstraat 38, 3740 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0879.937.280
Summary

RM CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€102,109) and a net result of -€4,353. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 9294 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.19 in 2024; short-term debt: 602.9% and cash: 100% of total assets), and equity is negative.
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Signals

Five 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 2025
Solvency, return and age of the figures
Solvency
-502.9%
Return on assets
-21.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€102,109
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 filings
Deviation from the deadline
2025
25 d late
2024
26 d late
2023
22 d late
2022
24 d late
2021
25 d late
2020
12 d late
2019
18 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RM CONSTRUCT was incorporated on 2 March 2006.1 Total assets fell from EUR 46,107 in 2018 to EUR 20,304 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€102,109▼ 4.5%
2024 · -€97,756
Total assets
€20,304▼ 13.1%
2024 · €23,375
Net result
-€4,353▼ 18.2%
2024 · -€3,683
Working capital
-€102,109▼ 4.5%
2024 · -€97,756
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€2,793▲ 2.4%-€6,652▼ 138%-€4,221▲ 36.5%-€3,626▲ 14.1%-€4,293▼ 18.4%
Net result-€2,845▲ 2.9%-€6,676▼ 135%-€4,269▲ 36.1%-€3,683▲ 13.7%-€4,353▼ 18.2%
Equity-€83,128▼ 3.5%-€89,804▼ 8.0%-€94,073▼ 4.8%-€97,756▼ 3.9%-€102,109▼ 4.5%
Total assets€38,656▼ 7.7%€31,224▼ 19.2%€26,671▼ 14.6%€23,375▼ 12.4%€20,304▼ 13.1%
Debt€121,784▼ 0.3%€121,028▼ 0.6%€120,744▼ 0.2%€121,131▲ 0.3%€122,413▲ 1.1%
Working capital-€83,128▼ 3.5%-€89,804▼ 8.0%-€94,073▼ 4.8%-€97,756▼ 3.9%-€102,109▼ 4.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2021: -€2,793-€2,793Net result 2021: -€2,845-€2,845Operating result 2022: -€6,652-€6,652Net result 2022: -€6,676-€6,676Operating result 2023: -€4,221-€4,221Net result 2023: -€4,269-€4,269Operating result 2024: -€3,626-€3,626Net result 2024: -€3,683-€3,683Operating result 2025: -€4,293-€4,293Net result 2025: -€4,353-€4,35320212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€4,221-€4,220Net result 2023: -€4,269-€4,270Operating result 2024: -€3,626-€3,630Net result 2024: -€3,683-€3,680Operating result 2025: -€4,293-€4,290Net result 2025: -€4,353-€4,350202320242025
The operating result stays negative: a loss of €4,293 in 2025 against €3,626 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Solvency
-502.9%▼
2024 · -418.2%
Current ratio
0.17▼
2024 · 0.19
Debt to equity
-1.20▲
2024 · -1.24
ROA
-21.4%▼
2024 · -15.8%
Debt ≤ 1 year
€122,413▲
2024 · €121,131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
9.9% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,640 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€23,375€20,304▼
Current assets29/58€23,375€20,304▼
Cash at bank and in hand54/58€23,375€20,304▼
Equity and liabilities
Total equity and liabilities10/49€23,375€20,304▼
Equity10/15-€97,756-€102,109▼
Contributions10/11€50,000€50,000=
Reserves13€17,453€17,453=
Distributable reserves133€17,453€17,453=
Profit (loss) carried forward14-€165,209-€169,562▼
Amounts payable17/49€121,131€122,413▲
Amounts payable within one year42/48€121,131€122,413▲
Trade debts44€61,091€62,373▲
Suppliers440/4€61,091€62,373▲
Other amounts payable47/48€60,040€60,040=
Income statement Code20242025
Other operating charges640/8€997€687▼
Gross operating margin9900-€2,630-€3,606▼
Operating profit (loss)9901-€3,626-€4,293▼
Financial charges65/66B€57€60▲
Recurring financial charges65€57€60▲
Profit (loss) for the period before taxes9903-€3,683-€4,353▼
Profit (loss) for the period9904-€3,683-€4,353▼
Profit (loss) for the period to be appropriated9905-€3,683-€4,353▼
Appropriation of the result
Profit (loss) to be appropriated9906-€165,209-€169,562▼
Profit (loss) brought forward from the previous period14P-€161,525-€165,209▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€635€635€287€997€687▼ 31.1%
Gross operating margin9900-€2,159-€6,017-€3,934-€2,630-€3,606▼ 37.1%
Operating profit (loss)9901-€2,793-€6,652-€4,221-€3,626-€4,293▼ 18.4%
Financial charges65/66B€52€24€48€57€60▲ 5.3%
Recurring financial charges65€52€24€48€57€60▲ 5.3%
Profit (loss) for the period before taxes9903-€2,845-€6,676-€4,269-€3,683-€4,353▼ 18.2%
Profit (loss) for the period9904-€2,845-€6,676-€4,269-€3,683-€4,353▼ 18.2%
Profit (loss) for the period to be appropriated9905-€2,845-€6,676-€4,269-€3,683-€4,353▼ 18.2%
Line20212022202320242025Change
Assets
Total assets20/58€38,656€31,224€26,671€23,375€20,304▼ 13.1%
Current assets29/58€38,656€31,224€26,671€23,375€20,304▼ 13.1%
Cash at bank and in hand54/58€38,656€31,224€26,671€23,375€20,304▼ 13.1%
Equity and liabilities
Total equity and liabilities10/49€38,656€31,224€26,671€23,375€20,304▼ 13.1%
Equity10/15-€83,128-€89,804-€94,073-€97,756-€102,109▼ 4.5%
Contributions10/11€50,000€50,000€50,000€50,000€50,000=
Reserves13€17,453€17,453€17,453€17,453€17,453=
Non-distributable reserves130/1€873€873----
Reserves not available under the articles1311€873€873----
Distributable reserves133€16,580€16,580€17,453€17,453€17,453=
Profit (loss) carried forward14-€150,581-€157,256-€161,525-€165,209-€169,562▼ 2.6%
Amounts payable17/49€121,784€121,028€120,744€121,131€122,413▲ 1.1%
Amounts payable within one year42/48€121,784€121,028€120,744€121,131€122,413▲ 1.1%
Trade debts44€61,744€60,988€60,704€61,091€62,373▲ 2.1%
Suppliers440/4€61,744€60,988€60,704€61,091€62,373▲ 2.1%
Other amounts payable47/48€60,040€60,040€60,040€60,040€60,040=
Line20212022202320242025Change
Profit (loss) for the period9904-€2,845-€6,676-€4,269-€3,683-€4,353▼ 18.2%
Operating cash flow (approximation)-€2,845-€6,676-€4,269-€3,683-€4,353▼ 18.2%
Change in cash--€7,432-€4,553-€3,296-€3,071▲ 6.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
26-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
22-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial Weakest financial yearnet -€6,676
Net result drops to -€6,676, the lowest in the series; recovery starts the following year.
25-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
12-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
18-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Bilzen-Hoeselt · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
767 m²
Building footprint
194 m²
Volume, LiDAR
1,381 m³
Parcel 73012C0581/00Z000, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RM CONSTRUCT
Eigenbilzenstraat 38, 3740 Bilzen-HoeseltNACE 4521102
since 20062.153.005.070
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73012C0581/00Z000 Flanders 767 m² 1 · 194 m² 13.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,385. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43320Joinery installation
43331Floor and wall tiling
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0879937280
Also 9925:BE0879937280
Registered 10-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.