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RM GENERAL

Active
Private limited companyfounded 20224 yrs activeOude Haachtsesteenweg 50, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0788.438.665
Summary

The computed 12-month bankruptcy probability of RM GENERAL is 3.3% (moderate). The 2024 annual accounts show equity of €5,950 and a net result of €5,950. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100
Solvency75▼-25
Growth75
Track record94
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.48; short-term debt: 50.4% and cash: 27.1% of total assets), and 50.4% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
49.6%
Return on assets
49.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-01-2026, 175 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
175 d late
2023
566 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 371 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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 GENERAL was incorporated on 11 July 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€42,085
2023 · €0
EBIT margin
18.7%
Net result
€5,950
Working capital
€2,901
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€0-€42,085
Operating result€7,856
Net result€5,950
EBIT margin18.7%
Equity€5,000-€5,950▲ 19.0%
Total assets€5,000-€11,992▲ 140%
Debt€6,042
Working capital€2,901
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€2,000€4,000€6,000€8,000Operating result 2024: €7,856€7,856Net result 2024: €5,950€5,95020232024€0€2,000€4,000€6,000€8,000Operating result 2024: €7,856€7,860Net result 2024: €5,950€5,95020232024
2024 is the only fiscal year with figures: the operating result is €7,856.
Balance-sheet composition
Assets €11,992
Fixed assets €3,049
Current assets €8,943
Equity and liabilities €11,992
Equity €5,950
Debt €6,042
Debt finances 50.4% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€8,807
Cash flow
€6,901
Current ratio
1.48
Debt to equity
1.02
ROE
100.0%
ROA
49.6%
Interest coverage
189.31
Debt ≤ 1 year
€6,042
Income taxes
€1,859
Staff costs
€505

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 39,278 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 · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,000€11,992▲
Fixed assets21/28-€3,049
Tangible fixed assets22/27-€3,049
Furniture and vehicles24-€3,049
Current assets29/58€5,000€8,943▲
Amounts receivable within one year40/41-€5,472
Other amounts receivable41-€5,472
Cash at bank and in hand54/58€5,000€3,249▼
Deferred charges and accrued income490/1-€223
Equity and liabilities
Total equity and liabilities10/49€5,000€11,992▲
Equity10/15€5,000€5,950▲
Contributions10/11€5,000-
Profit (loss) carried forward14-€5,950
Amounts payable17/49-€6,042
Amounts payable within one year42/48-€6,042
Trade debts44-€982
Suppliers440/4-€982
Taxes, remuneration and social security45-€1,859
Taxes450/3-€1,859
Other amounts payable47/48-€3,201
Income statement Code20232024
Turnover70€0€42,085▲
Non-recurring operating income76A-€135
Goods, raw materials, services and sundry goods60/61-€34,167
Remuneration, social security and pensions62-€505
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€951
Other operating charges640/8-€361
Gross operating margin9900-€9,673
Operating profit (loss)9901-€7,856
Financial charges65/66B-€47
Recurring financial charges65-€47
Profit (loss) for the period before taxes9903-€7,809
Income taxes67/77-€1,859
Profit (loss) for the period9904-€5,950
Profit (loss) for the period to be appropriated9905-€5,950
Appropriation of the result
Profit (loss) to be appropriated9906-€5,950

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€0€42,085-
Non-recurring operating income76A-€135-
Goods, raw materials, services and sundry goods60/61-€34,167-
Remuneration, social security and pensions62-€505-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€951-
Other operating charges640/8-€361-
Gross operating margin9900-€9,673-
Operating profit (loss)9901-€7,856-
Financial charges65/66B-€47-
Recurring financial charges65-€47-
Profit (loss) for the period before taxes9903-€7,809-
Income taxes67/77-€1,859-
Profit (loss) for the period9904-€5,950-
Profit (loss) for the period to be appropriated9905-€5,950-
Line20232024Change
Assets
Total assets20/58€5,000€11,992▲ 140%
Fixed assets21/28-€3,049-
Tangible fixed assets22/27-€3,049-
Furniture and vehicles24-€3,049-
Current assets29/58€5,000€8,943▲ 78.9%
Amounts receivable within one year40/41-€5,472-
Other amounts receivable41-€5,472-
Cash at bank and in hand54/58€5,000€3,249▼ 35.0%
Deferred charges and accrued income490/1-€223-
Equity and liabilities
Total equity and liabilities10/49€5,000€11,992▲ 140%
Equity10/15€5,000€5,950▲ 19.0%
Contributions10/11€5,000--
Profit (loss) carried forward14-€5,950-
Amounts payable17/49-€6,042-
Amounts payable within one year42/48-€6,042-
Trade debts44-€982-
Suppliers440/4-€982-
Taxes, remuneration and social security45-€1,859-
Taxes450/3-€1,859-
Other amounts payable47/48-€3,201-
Line20232024Change
Profit (loss) for the period9904-€5,950-
+ Depreciation and write-downs630-€951-
Operating cash flow (approximation)-€6,901-
Change in cash--€1,751-

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

2026
17-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 566 days late
22-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 175 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Machelen (Brab.)
exact location from the address register On OpenStreetMap
Ground area
228 m²
Building footprint
114 m²
Volume, LiDAR
952 m³
Parcel 23015C0124/00E000, Flanders · tallest building 17.6 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23015C0124/00E000 Flanders 228 m² 1 · 114 m² 17.6 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.

Company details

Identification
Legal formPrivate limited company
Founded11-07-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

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