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RM RENOVATION

Active
Private limited companyfounded 20241 yr activeSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 1014.750.355
Summary

The computed 12-month bankruptcy probability of RM RENOVATION is 2.2% (moderate). The 2024 annual accounts show equity of €11,250 and a net result of €8,250. Its solvency ranks better than 61% of 9975 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency77
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.92; short-term debt: 47.9% and cash: 47.9% of total assets), and 47.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
52.1%
Return on assets
38.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
20 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 20 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 RENOVATION was incorporated on 7 October 2024 as a Private limited company.1 The company has filed annual accounts once, 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

Equity
€11,250
Total assets
€21,576
Net result
€8,250
Working capital
€9,475

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €21,576
Fixed assets €1,775
Current assets €19,801
Equity and liabilities €21,576
Equity €11,250
Debt €10,325
Debt finances 47.9% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€14,003
Cash flow
€10,887
Current ratio
1.92
Debt to equity
0.92
ROE
73.3%
ROA
38.2%
Interest coverage
1748.19
Debt ≤ 1 year
€10,325
Income taxes
€3,108

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% 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: 2.2% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 11,280 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 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€21,576
Fixed assets21/28€1,775
Tangible fixed assets22/27€1,775
Plant, machinery and equipment23€1,329
Furniture and vehicles24€447
Current assets29/58€19,801
Amounts receivable within one year40/41€7,906
Trade receivables40€7,665
Other amounts receivable41€241
Cash at bank and in hand54/58€10,341
Deferred charges and accrued income490/1€1,554
Equity and liabilities
Total equity and liabilities10/49€21,576
Equity10/15€11,250
Contributions10/11€3,000
Reserves13€8,250
Distributable reserves133€8,250
Amounts payable17/49€10,325
Amounts payable within one year42/48€10,325
Trade debts44€387
Suppliers440/4€387
Taxes, remuneration and social security45€6,773
Taxes450/3€3,773
Remuneration and social security454/9€3,000
Other amounts payable47/48€3,165
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,637
Gross operating margin9900€14,003
Operating profit (loss)9901€11,366
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€11,358
Income taxes67/77€3,108
Profit (loss) for the period9904€8,250
Profit (loss) for the period to be appropriated9905€8,250
Appropriation of the result
Profit (loss) to be appropriated9906€8,250
Transfer to equity691/2€8,250
To other reserves6921€8,250

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,637
Gross operating margin9900€14,003
Operating profit (loss)9901€11,366
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€11,358
Income taxes67/77€3,108
Profit (loss) for the period9904€8,250
Profit (loss) for the period to be appropriated9905€8,250
Line2024
Assets
Total assets20/58€21,576
Fixed assets21/28€1,775
Tangible fixed assets22/27€1,775
Plant, machinery and equipment23€1,329
Furniture and vehicles24€447
Current assets29/58€19,801
Amounts receivable within one year40/41€7,906
Trade receivables40€7,665
Other amounts receivable41€241
Cash at bank and in hand54/58€10,341
Deferred charges and accrued income490/1€1,554
Equity and liabilities
Total equity and liabilities10/49€21,576
Equity10/15€11,250
Contributions10/11€3,000
Reserves13€8,250
Distributable reserves133€8,250
Amounts payable17/49€10,325
Amounts payable within one year42/48€10,325
Trade debts44€387
Suppliers440/4€387
Taxes, remuneration and social security45€6,773
Taxes450/3€3,773
Remuneration and social security454/9€3,000
Other amounts payable47/48€3,165
Line2024
Profit (loss) for the period9904€8,250
+ Depreciation and write-downs630€2,637
Operating cash flow (approximation)€10,887

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

2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Kraainem · 2 establishment units since 2024
seat establishment All 2 establishment units on the map
Ground area
1.2 ha
Building footprint
898 m²
Volume, LiDAR
34,311 m³
2 parcels, Flanders, Wallonia · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.
963 companies at this address See who is registered here
2 establishment units
RM RENOVATION
Steenweg op Mechelen 455, 1950 KraainemRepair, maintenance and installation of machinery and equipment
since 20242.364.867.819
RM RENOVATION
Rue de l'Alliance(PIE) 94, 7100 La LouvièreGeneral construction of residential buildings
since 20262.389.567.581
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
22002C0073/00N009 Flanders 1.1 ha 1 · 865 m² 42.8 m · 14 fl.
56033A0442/00X002 Wallonia 279 m² 1 · 32 m² 10.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 9,717 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43310Plastering work
Contact
E-mail rm-renovation@hotmail.com
Phone +32498760385
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014750355
Also 9925:BE1014750355
Registered 12-03-2026

Register as of 27 September 2026 · Peppol Directory

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