RM Project
Annual accounts 2025
micro format, filed on 07-07-2026, 24 days before the deadlineTurnover: not included in this filing.
Balance sheet
balance sheet total €7,625 on 31-12-2025in euro
Position in the sector
-8.2%
Higher than 11% of 9,701 companies in 2025.
0.90
Higher than 23% of 9,319 companies in 2025.
-19.9%
Higher than 8% of 9,443 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
7,625 | 1,277 | 14,202 | 87,434 | 172,876 | |
21/28 |
226 | - | - | - | - | |
28 |
226 | - | - | - | - | |
29/58 |
7,399 | 1,277 | 14,202 | 87,434 | 172,876 | |
40/41 |
5,164 | 189 | 155 | 67,420 | 150,286 | |
40 |
5,164 | - | - | 67,420 | 150,000 | |
41 |
- | 189 | 155 | - | 286 | |
50/53 |
- | 1,088 | 14,047 | - | - | |
54/58 |
2,235 | - | - | 20,014 | 22,590 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
7,625 | 1,277 | 14,202 | 87,434 | 172,876 | |
10/15 |
-626 | 889 | 1,545 | 85,567 | 85,098 | |
10/11 |
27,500 | 27,500 | 27,500 | 80,000 | 80,000 | |
13 |
- | - | - | 5,567 | 5,098 | |
133 |
- | - | - | 5,567 | 5,098 | |
14 |
-28,126 | -26,611 | -25,955 | - | - | |
17/49 |
8,251 | 387 | 12,656 | 1,867 | 87,778 | |
42/48 |
8,251 | 387 | 12,656 | 1,867 | 87,778 | |
44 |
382 | 387 | - | - | 1,008 | |
440/4 |
382 | 387 | - | - | 1,008 | |
45 |
7,869 | - | 156 | 1,867 | 1,750 | |
450/3 |
3,869 | - | 156 | 1,867 | 1,750 | |
454/9 |
4,000 | - | - | - | - | |
47/48 |
- | - | 12,500 | - | 85,020 | |
| Income statement | ||||||
9900 |
-1,029 | -226 | -31,094 | 969 | 8,455 | |
60/61 |
- | 226 | - | - | - | |
630 |
- | - | - | - | 1,042 | |
640/8 |
400 | 387 | 384 | 348 | 695 | |
9901 |
-1,429 | -614 | -31,478 | 622 | 6,718 | |
75/76B |
- | - | - | - | 157 | |
75 |
- | - | - | - | 157 | |
65/66B |
86 | 42 | 42 | 36 | 27 | |
65 |
86 | 42 | 42 | 36 | 27 | |
9903 |
-1,515 | -656 | -31,520 | 586 | 6,848 | |
67/77 |
- | - | 1 | 117 | 1,750 | |
9904 |
-1,515 | -656 | -31,522 | 469 | 5,098 | |
9905 |
-1,515 | -656 | -31,522 | 469 | 5,098 | |
| Appropriation of the result | ||||||
9906 |
-28,126 | -26,611 | -31,522 | 469 | 5,098 | |
14P |
-26,611 | -25,955 | - | - | - | |
791/2 |
- | - | 5,567 | - | - | |
691/2 |
- | - | - | 469 | 5,098 | |
6921 |
- | - | - | 469 | 5,098 | |
| Document | ||||||
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 07-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 07-07-2026 | 2026-00271233 | |
| 31-12-2024 | micro format | 26-04-2025 | 2025-00078143 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00258462 | |
| 31-12-2022 | full format | 13-06-2023 | 2023-00126041 | |
| 31-12-2021 | full format | 30-06-2022 | 2022-20158992 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| - | - | - | - | 7,760 | ||
| - | - | - | - | 6,140 | ||
| 226 | - | - | - | - | ||
| - | - | - | -2,576 | - | ||
| -852 | 889 | 1,545 | 85,567 | 85,098 | ||
| -8.2% | - | 10.9% | 97.9% | 49.2% | ||
| 0.90 | - | 1.12 | 46.83 | 1.97 | ||
| - | - | 8.19 | 0.02 | 1.03 | ||
| - | - | - | 0.5% | 6.0% | ||
| -19.9% | - | -222.0% | 0.5% | 2.9% | ||
| - | - | - | - | over 100 | ||
| - | 624 days | - | - | - |
EBIT margin: not included in this filing.
The equity ratios are withheld because equity of -€626 is too small for a meaningful ratio.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Financial fixed assets | €226 | - | - | - | - |
| - | - | - | - | €1,042 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on RM Project
The operating result for 2025 is a loss of €1,429, larger than the loss of €614 in 2024.
Equity is negative. Debt (€8,251) exceeds the balance-sheet total (€7,625).