RM-TECH
Open bankruptcyFinancials · financial year 2024, micro format
Turnover
≈ €220,000
Estimated: probably between €160,000 and €290,000
Total assets
€1.4m▲ 4,722×
2023 · €289
Net result
€360,805
2023 · -€325
Working capital
-€211,069▼ 121,155%
2022 · -€174
Trend over the years
2022 to 2024, 3 financial years
The operating result returns to profit in 2024: €84,588 after a loss of €289 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.08m
2024
Net result€0.4m
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.4m
2024
Equity€0.5m
2024
Debt€0.9m
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2024
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Every figure with its change against the financial year before
favourable
unfavourable
Line202220232024
Operating result€408--€289€0.08m
Net result€404within the sector's middle half--€325within the sector's middle half€0.4mabove the sector's middle half
Equity€404below the sector's middle half-€78below the sector's middle half▼ 80.6%€0.5mabove the sector's middle half▲ 5,879×
Total assets€0.002mbelow the sector's middle half-€289below the sector's middle half▼ 85.8%€1.4mabove the sector's middle half▲ 4,722×
Debt€0.002m-€211▼ 87.1%€0.9m▲ 4,292×
Working capital-€174within the sector's middle half--€0.2mbelow the sector's middle half
Solvency33.8%within the sector's middle half
Current ratio0.13below the sector's middle half
Return on assets (ROA)26.4%above the sector's middle half
above
within
below
the middle half of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin 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 €1.4m
Fixed assets
€1.3m
Current assets
€31,345
Equity and liabilities €1.4m
Equity
€460,883 ▲ 5,879×
Debt
€903,788 ▲ 4,292×
Debt's share of the balance-sheet total falls from 72.9% to 66.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86,462▲
2023 · €0
Cash flow
€362,678▲
2023 · -€37
Debt to equity
1.96
ROE
78.3%
Interest coverage
6.29▲
2023 · 0.00
Debt ≤ 1 year
€242,414▲
2023 · €211
Debt > 1 year
€661,374
Income taxes
€18,042
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €289 | €289 | €1,873 | ▲ 548% |
| Other operating charges640/8 | - | - | €1,517 | - |
| Non-recurring operating charges66A | €80 | - | - | - |
| Gross operating margin9900 | €777 | - | €87,979 | - |
| Operating profit (loss)9901 | €408 | -€289 | €84,588 | - |
| Financial income75/76B | - | - | €308,000 | - |
| Recurring financial income75 | - | - | €308,000 | - |
| Financial charges65/66B | €4 | €37 | €13,742 | ▲ 376× |
| Recurring financial charges65 | €4 | €37 | €13,742 | ▲ 376× |
| Profit (loss) for the period before taxes9903 | €404 | -€325 | €378,847 | - |
| Income taxes67/77 | - | - | €18,042 | - |
| Profit (loss) for the period9904 | €404 | -€325 | €360,805 | - |
| Profit (loss) for the period to be appropriated9905 | €404 | -€325 | €360,805 | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €0.002m | €289 | €1.4m | ▲ 4,722× |
| Fixed assets21/28 | €0.001m | €289 | €1.3m | ▲ 4,614× |
| Tangible fixed assets22/27 | €0.001m | €289 | €0.03m | ▲ 97× |
| Plant, machinery and equipment23 | - | - | €0.001m | - |
| Furniture and vehicles24 | €0.001m | €289 | €0.03m | ▲ 90× |
| Other tangible fixed assets26 | - | - | €0.001m | - |
| Financial fixed assets28 | - | - | €1.3m | - |
| Current assets29/58 | €0.001m | - | €0.03m | - |
| Amounts receivable within one year40/41 | - | - | €0.03m | - |
| Trade receivables40 | - | - | €0.03m | - |
| Other amounts receivable41 | - | - | €215 | - |
| Cash at bank and in hand54/58 | €0.001m | - | €0.001m | - |
| Deferred charges and accrued income490/1 | - | - | €0.001m | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €0.002m | €289 | €1.4m | ▲ 4,722× |
| Equity10/15 | €404 | €78 | €0.5m | ▲ 5,879× |
| Contributions10/11 | - | - | €0.1m | - |
| Profit (loss) carried forward14 | €404 | €78 | €0.4m | ▲ 4,603× |
| Amounts payable17/49 | €0.002m | €211 | €0.9m | ▲ 4,292× |
| Amounts payable after more than one year17 | - | - | €0.7m | - |
| Financial debts170/4 | - | - | €0.7m | - |
| Amounts payable within one year42/48 | €0.002m | €211 | €0.2m | ▲ 1,151× |
| Current portion of amounts payable after more than one year42 | - | - | €0.07m | - |
| Financial debts43 | - | - | €0.1m | - |
| Credit institutions430/8 | - | - | €0.1m | - |
| Trade debts44 | €0.001m | - | €0.008m | - |
| Suppliers440/4 | €0.001m | - | €0.008m | - |
| Taxes, remuneration and social security45 | €211 | €211 | €0.02m | ▲ 91× |
| Taxes450/3 | €211 | - | €0.02m | - |
| Remuneration and social security454/9 | - | €211 | - | - |
| Other amounts payable47/48 | - | - | €0.009m | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €404 | -€325 | €0.4m | - |
| + Depreciation and write-downs630 | €289 | €289 | €0.002m | ▲ 548% |
| Operating cash flow (approximation) | €0.001m | -€37 | €0.4m | - |
| Investment in fixed assets (approximation) | - | €0 | -€1.3m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 28-07-2025 | 2025-00336055 |
| 31-12-2023 | micro format | 03-09-2024 | 2024-00447908 |
| 31-12-2022 | micro format | 27-03-2024 | 2024-00051089 |
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Of the 7,292 active companies whose main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311), figures are known for 3,008. 2,097 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.