RM Décors
ActiveSummary
The annual accounts of RM Décors for fiscal year 2024 show a net loss of 52% of the equity at the start of that year. The 2024 annual accounts show equity of €5k and a net result of €-6k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 18% of 36375 sector peers (fiscal year 2024). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
34
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-56
Solvency40▼-27
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.44 against 1.53 in 2023; short-term debt: 68.1% and cash: 7% of total assets), and 84.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
15.2%
Return on assets
-16.2%
Age of the figures
21 mo
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 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 18%
← weakest
strongest →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
92 d late
2022
46 d late
2021
122 d late
2020
40 d early
2019
59 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€5k▼ 51.7%
2023 · €11k
2018: €9k
2019: €10k
2020: €11k
2021: €2k
2022: €13k
2023: €11k
2018 → 2024
Total assets
€36k▲ 33.6%
2023 · €27k
2018: €9k
2019: €12k
2020: €15k
2021: €3k
2022: €20k
2023: €27k
2018 → 2024
Net result
€-6k▼ 296%
2023 · €-1k
2018: €-10k
2019: €915
2020: €1k
2021: €-9k
2022: €11k
2023: €-1k
2018 → 2024
Working capital
€11k▲ 31.1%
2023 · €8k
2018: €9k
2019: €10k
2020: €11k
2021: €2k
2022: €7k
2023: €8k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€2k▼ 79.8%€13k▲ 482%€11k▼ 11.6%€5k▼ 51.7%
Operating result€2k-€-9k€11k€-2k€-5k▼ 216%
Net result€1k-€-9k€11k€-1k€-6k▼ 296%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2024 against €2k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €36k
Fixed assets
€734 ▼ 78.8%
Current assets
€35k ▲ 50.0%
Equity and liabilities €36k
Equity
€5k ▼ 51.7%
Debt
€31k ▲ 95.0%
Debt's share of the balance-sheet total rises from 58.1% to 84.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2023 · €1k
Cash flow
€-3k▼
2023 · €1k
Current ratio
1.44▼
2023 · 1.53
Debt to equity
5.60▲
2023 · 1.39
ROE
-106.9%▼
2023 · -13.1%
ROA
-16.2%▼
2023 · -5.5%
Interest coverage
-3.15▼
2023 · 5.29
Debt ≤ 1 year
€25k▲
2023 · €15k
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 · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€27k€36k▲
Fixed assets21/28€3k€734▼
Tangible fixed assets22/27€3k€734▼
Plant, machinery and equipment23€339€447▲
Furniture and vehicles24€3k€287▼
Current assets29/58€24k€35k▲
Amounts receivable within one year40/41€21k€32k▲
Trade receivables40€7k€14k▲
Other amounts receivable41€14k€18k▲
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€188€1k▲
Equity and liabilities
Total equity and liabilities10/49€27k€36k▲
Equity10/15€11k€5k▼
Contributions10/11€6k€6k=
Reserves13€13k€13k=
Distributable reserves133€13k€13k=
Profit (loss) carried forward14€-8k€-14k▼
Amounts payable17/49€16k€31k▲
Amounts payable within one year42/48€15k€25k▲
Trade debts44€15k€22k▲
Suppliers440/4€15k€22k▲
Taxes, remuneration and social security45€388€3k▲
Remuneration and social security454/9€388€3k▲
Accrued charges and deferred income492/3€348€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€903€1k▲
Gross operating margin9900€2k€-1k▼
Operating profit (loss)9901€-2k€-5k▼
Financial income75/76B€403€7▼
Recurring financial income75€403€7▼
Financial charges65/66B€250€691▲
Recurring financial charges65€250€691▲
Profit (loss) for the period before taxes9903€-1k€-6k▼
Profit (loss) for the period9904€-1k€-6k▼
Profit (loss) for the period to be appropriated9905€-1k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-14k▼
Profit (loss) brought forward from the previous period14P€-6k€-8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 122 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €915
Net result €915 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Orp-Jauche · 1 establishment unit since 1995
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 du Brou(J-J) 151350 Orp-JaucheGround area
1,245 m²
Building footprint
154 m²
Volume, LiDAR
921 m³
2 parcels, Brussels, Wallonia · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Semoylaan 3, 1200 Sint-Lambrechts-Woluwe
since 19952.073.791.506
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25045B0448/00H000 | Wallonia | 1,023 m² | 1 · 76 m² | 9.0 m · 3 fl. |
| 21018B0095/00P028 | Brussels | 221 m² | 1 · 78 m² | 6.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TODEREAN
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DMV VENTILATION
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 2,916 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
Founded28-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.