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RM Logistic

Active
Private limited companyfounded 2022active for 4 yearsLouizalaan 209, 1050 Brussel, BelgiumKBO/BCE: BE 0784.335.763

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Annual accounts 2024 filed on 30-12-2025 PDF all 2 filings

Turnover
≈ €130,000
Estimated: probably between €66,000 and €280,000
Total assets
€50,793▼ 22.9%
2023 · €65,882
Net result
€3,875▲ 46.7%
2023 · €2,642
Working capital
€10,129
2023 · -€7,437
Trend over the years

2023 to 2024, 2 financial years

The operating result for 2024 is 23% lower than in 2023.

Operating result€4,243 2024 Net result€3,875 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Arts creation and performing arts activities (NACE 90). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20232024
Operating result€5,535-€4,243▼ 23.3%
Net result€2,642within the sector's middle half-€3,875within the sector's middle half▲ 46.7%
Equity€32,642within the sector's middle half-€36,517within the sector's middle half▲ 11.9%
Total assets€65,882within the sector's middle half-€50,793within the sector's middle half▼ 22.9%
Debt€33,240-€14,276▼ 57.1%
Working capital-€7,437below the sector's middle half-€10,129within the sector's middle half
Solvency49.5%within the sector's middle half-71.9%within the sector's middle half▲ 22.3pp
Current ratio0.78below the sector's middle half-1.71within the sector's middle half▲ 0.93
Return on assets (ROA)4.0%within the sector's middle half-7.6%within the sector's middle half▲ 3.6pp
above within below The sector band is the middle half of the companies in Arts creation and performing arts activities (NACE 90). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €50,793
Fixed assets €26,388 ▼ 34.2%
Current assets €24,405 ▼ 5.4%
Equity and liabilities €50,793
Equity €36,517 ▲ 11.9%
Debt €14,276 ▼ 57.1%
Debt's share of the balance-sheet total falls from 50.5% to 28.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€19,475▼
2023 · €27,497
Cash flow
€19,107▼
2023 · €24,604
Debt to equity
0.39▼
2023 · 1.02
ROE
10.6%▲
2023 · 8.1%
Interest coverage
52.92▼
2023 · over 100
Debt ≤ 1 year
€14,276▼
2023 · €33,240
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as RM Logistic: other support activities for arts and performing arts (NACE 90399). They are comparable in size and age: total assets between €42,600 and €93,500, founded between 2020 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
RM Logistic Brussel2022€50,793€36,517€23,684€3,8752024
arti-chok Gent2022€52,276€16,878€22,884-€02025
Fairy Tale Facts Media Mechelen2021€73,309€51,832€21,735€8,9302025
45 Productions Ninove2022€70,229€40,034€34,851€32,5962025
ART MANAGEMENT SYSTEMS Lokeren2021€73,078€37,788€35,162€24,7132025
VERELLEN Antwerpen2020€42,625€14,809€20,757€8,5562024
Hello, Operator Antwerpen2023€93,478€33,995€25,406€13,6162025

They were chosen from the 200 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as RM Logistic has now. Two years later, 1.8% had gone bankrupt and 95.9% were 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
95.9% was still going

The bankruptcy probability of RM Logistic itself is higher: 3.0% within 12 months. It rests on far more data about RM Logistic than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for RM Logistic. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines

Source: Annual accounts 2024 (PDF), filed on 30-12-2025.

Balance sheet Code20232024
Assets
Total assets20/58€65,882€50,793▼
Fixed assets21/28€40,080€26,388▼
Tangible fixed assets22/27€40,080€26,388▼
Plant, machinery and equipment23€21,664€19,969▼
Furniture and vehicles24€18,416€6,419▼
Current assets29/58€25,803€24,405▼
Amounts receivable within one year40/41€10,702€15,137▲
Trade receivables40€10,702€15,077▲
Other amounts receivable41-€60
Cash at bank and in hand54/58€15,100€9,268▼
Equity and liabilities
Total equity and liabilities10/49€65,882€50,793▼
Equity10/15€32,642€36,517▲
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14€2,642€6,517▲
Amounts payable17/49€33,240€14,276▼
Amounts payable within one year42/48€33,240€14,276▼
Trade debts44€5,971€2,298▼
Suppliers440/4€5,971€2,298▼
Taxes, remuneration and social security45€19,190€3,899▼
Taxes450/3€7,243€3,899▼
Remuneration and social security454/9€11,947-
Other amounts payable47/48€8,079€8,079=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,961€15,232▼
Other operating charges640/8€1,027€4,209▲
Gross operating margin9900€28,524€23,684▼
Operating profit (loss)9901€5,535€4,243▼
Financial income75/76B€55-
Recurring financial income75€55-
Financial charges65/66B€63€368▲
Recurring financial charges65€63€368▲
Profit (loss) for the period before taxes9903€5,528€3,875▼
Income taxes67/77€2,885-
Profit (loss) for the period9904€2,642€3,875▲
Profit (loss) for the period to be appropriated9905€2,642€3,875▲
Appropriation of the result
Profit (loss) to be appropriated9906€2,642€6,517▲
Profit (loss) brought forward from the previous period14P-€2,642

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,961€15,232▼ 30.6%
Other operating charges640/8€1,027€4,209▲ 310%
Gross operating margin9900€28,524€23,684▼ 17.0%
Operating profit (loss)9901€5,535€4,243▼ 23.3%
Financial income75/76B€55--
Recurring financial income75€55--
Financial charges65/66B€63€368▲ 487%
Recurring financial charges65€63€368▲ 487%
Profit (loss) for the period before taxes9903€5,528€3,875▼ 29.9%
Income taxes67/77€2,885--
Profit (loss) for the period9904€2,642€3,875▲ 46.7%
Profit (loss) for the period to be appropriated9905€2,642€3,875▲ 46.7%
Line20232024Change
Assets
Total assets20/58€65,882€50,793▼ 22.9%
Fixed assets21/28€40,080€26,388▼ 34.2%
Tangible fixed assets22/27€40,080€26,388▼ 34.2%
Plant, machinery and equipment23€21,664€19,969▼ 7.8%
Furniture and vehicles24€18,416€6,419▼ 65.1%
Current assets29/58€25,803€24,405▼ 5.4%
Amounts receivable within one year40/41€10,702€15,137▲ 41.4%
Trade receivables40€10,702€15,077▲ 40.9%
Other amounts receivable41-€60-
Cash at bank and in hand54/58€15,100€9,268▼ 38.6%
Equity and liabilities
Total equity and liabilities10/49€65,882€50,793▼ 22.9%
Equity10/15€32,642€36,517▲ 11.9%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14€2,642€6,517▲ 147%
Amounts payable17/49€33,240€14,276▼ 57.1%
Amounts payable within one year42/48€33,240€14,276▼ 57.1%
Trade debts44€5,971€2,298▼ 61.5%
Suppliers440/4€5,971€2,298▼ 61.5%
Taxes, remuneration and social security45€19,190€3,899▼ 79.7%
Taxes450/3€7,243€3,899▼ 46.2%
Remuneration and social security454/9€11,947--
Other amounts payable47/48€8,079€8,079=
Line20232024Change
Profit (loss) for the period9904€2,642€3,875▲ 46.7%
+ Depreciation and write-downs630€21,961€15,232▼ 30.6%
Operating cash flow (approximation)€24,604€19,107▼ 22.3%
Investment in fixed assets (approximation)--€1,540-
Change in cash--€5,832-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 30-12-2025 2025-00592122 PDF
31-12-2023 micro format 22-11-2024 2024-00603151 PDF

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