Financials
- Fiscal year
- 2024
- Total assets
- €38,368
- Loss
- -€57,807
- Solvency
- -178.6%
Total assets▼ 13.0%
Net result
20212024
RM MOTORS
ActiveSummary
The computed 12-month bankruptcy probability of RM MOTORS is 3.8% (moderate). The 2024 annual accounts show negative equity (-€68,507) and a net result of -€57,807. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 15862 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Wholesale of cars and light vans (up to 3.5 tonnes)
NACE 46711NACE 45111
1 site
How big
€38,368total assets 2024
- Equity
- -€68,507
- Loss
- -€57,807
Turnover not published (abridged schema)
Who decides
Accounts 62 d overdue0 of 1 deed read
Why 19- Annual accounts: weaker financial profile- Limited track record- Higher-failure-rate sector- Negative equity- Filed more than 90 days lateShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
3.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.36 against 0.78 in 2023; short-term debt: 278.6% and cash: 15.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
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
-178.6%
Return on assets
-150.7%
Age of the figures
21 mo
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year -€68,507
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 05-02-2026, 189 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
189 d late
2023
372 d late
2022
91 d late
2021
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 177 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€57,807
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€68,507 View
- Caution: Equity fell in 2024from -€10,701 to -€68,507 ▼ 540% View
- Caution: Among the weakest 5% on net resultsector median €4,846 · 15,843 companies -€57,807 View
- Caution: Accounts not fileddeadline was 31-07-2026 62 d late View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€57,807 View
By topic
Timeline
- Events
- 6
- Since
- 2022
- 05-02-2026Annual accounts filed
- 07-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of cars and light vans (up to…NACE 46711
- Founded
- 06-08-2021
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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