RMSO 3
ActiveSummary
RMSO 3 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.23M and a net result of €1.39M. Equity is growing by ~35.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-11
Solvency63▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.42 in 2024; short-term debt: 52.8% and cash: 5.1% of total assets), and 61.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.2%
Return on assets
4.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
29 d late
2022
28 d early
2021
12 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.39M▼ 73.5%
2024 · €5.24M
2021: €522k
2022: €780k▲ +49.3% vs 2021
2023: €299k▼ -61.7% vs 2022lowest in 5 years
2024: €5.24M▲ +1654% vs 2023highest in 5 years
2025: €1.39M▼ -73.5% vs 2024
2021 → 2025
Working capital
€-13.22M▲ 12.3%
2024 · €-15.08M
2021: €-5.75Mhighest in 5 years
2022: €-10.97M▼ -90.8% vs 2021
2023: €-13.30M▼ -21.2% vs 2022
2024: €-15.08M▼ -13.4% vs 2023lowest in 5 years
2025: €-13.22M▲ +12.3% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.52M-€4.30M▲ 22.1%€4.60M▲ 6.9%€9.84M▲ 114%€11.23M▲ 14.1%
2021: €3.52Mlowest in 5 years
2022: €4.30M▲ +22.1% vs 2021
2023: €4.60M▲ +6.9% vs 2022
2024: €9.84M▲ +114% vs 2023
2025: €11.23M▲ +14.1% vs 2024highest in 5 years
Operating result€-56k-€153k€79k▼ 48.2%€134k▲ 68.8%€124k▼ 6.9%
2021: €-56klowest in 5 years
2022: €153k▲ +374% vs 2021highest in 5 years
2023: €79k▼ -48.2% vs 2022
2024: €134k▲ +68.8% vs 2023
2025: €124k▼ -6.9% vs 2024
Net result€522k-€780k▲ 49.3%€299k▼ 61.7%€5.24M▲ 1,654%€1.39M▼ 73.5%
2021: €522k
2022: €780k▲ +49.3% vs 2021
2023: €299k▼ -61.7% vs 2022lowest in 5 years
2024: €5.24M▲ +1654% vs 2023highest in 5 years
2025: €1.39M▼ -73.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.43M
Fixed assets
€27.10M ▼ 1.7%
Current assets
€2.33M ▼ 78.7%
Equity and liabilities €29.43M
Equity
€11.23M ▲ 14.1%
Debt
€18.20M ▼ 36.6%
Debt's share of the balance-sheet total falls from 74.5% to 61.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€257k▲
2024 · €246k
Cash flow
€1.52M▼
2024 · €5.36M
Current ratio
0.15▼
2024 · 0.42
Debt to equity
1.62▼
2024 · 2.92
ROE
12.3%▼
2024 · 53.3%
ROA
4.7%▼
2024 · 13.6%
Interest coverage
54.99▲
2024 · 13.23
Debt ≤ 1 year
€15.55M▼
2024 · €26.05M
Debt > 1 year
€2.65M=
2024 · €2.65M
Income taxes
€45k▲
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38.54M€29.43M▼
Formation expenses20€294€0▼
Fixed assets21/28€27.57M€27.10M▼
Tangible fixed assets22/27€1.42M€1.28M▼
Land and buildings22€792k€758k▼
Furniture and vehicles24€284k€224k▼
Other tangible fixed assets26€340k€302k▼
Financial fixed assets28€26.15M€25.81M▼
Current assets29/58€10.97M€2.33M▼
Amounts receivable within one year40/41€10.85M€840k▼
Trade receivables40€0€31k▲
Other amounts receivable41€10.85M€810k▼
Cash at bank and in hand54/58€122k€1.49M▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€38.54M€29.43M▼
Equity10/15€9.84M€11.23M▲
Contributions10/11€3.00M€3.00M=
Profit (loss) carried forward14€6.84M€8.23M▲
Amounts payable17/49€28.70M€18.20M▼
Amounts payable after more than one year17€2.65M€2.65M=
Financial debts170/4€2.65M€2.65M=
Amounts payable within one year42/48€26.05M€15.55M▼
Trade debts44€25k€189k▲
Suppliers440/4€25k€189k▲
Taxes, remuneration and social security45€40k€39k▼
Taxes450/3€36k€39k▲
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€25.98M€15.32M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€112k€132k▲
Other operating charges640/8€9k€4k▼
Gross operating margin9900€255k€261k▲
Operating profit (loss)9901€134k€124k▼
Financial income75/76B€5.17M€1.31M▼
Recurring financial income75€1.26M€1.31M▲
Non-recurring financial income76B€3.90M€0▼
Financial charges65/66B€19k€5k▼
Recurring financial charges65€19k€5k▼
Profit (loss) for the period before taxes9903€5.28M€1.43M▼
Income taxes67/77€39k€45k▲
Profit (loss) for the period9904€5.24M€1.39M▼
Profit (loss) for the period to be appropriated9905€5.24M€1.39M▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.84M€8.23M▲
Profit (loss) brought forward from the previous period14P€1.60M€6.84M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €51k | €45k | €46k | €112k | €132k | ▲ 17.8% |
| Other operating charges640/8 | €1k | €1k | €1k | €9k | €4k | ▼ 50.3% |
| Gross operating margin9900 | €-4k | €199k | €126k | €255k | €261k | ▲ 2.5% |
| Operating profit (loss)9901 | €-56k | €153k | €79k | €134k | €124k | ▼ 6.9% |
| Financial income75/76B | €592k | €652k | €242k | €5.17M | €1.31M | ▼ 74.6% |
| Recurring financial income75 | €592k | €652k | €242k | €1.26M | €1.31M | ▲ 3.7% |
| Non-recurring financial income76B | - | - | - | €3.90M | €0 | ▼ 100% |
| Financial charges65/66B | €14k | €2k | €230 | €19k | €5k | ▼ 74.9% |
| Recurring financial charges65 | €14k | €2k | €230 | €19k | €5k | ▼ 74.9% |
| Profit (loss) for the period before taxes9903 | €522k | €803k | €321k | €5.28M | €1.43M | ▼ 72.9% |
| Income taxes67/77 | - | €23k | €22k | €39k | €45k | ▲ 15.3% |
| Profit (loss) for the period9904 | €522k | €780k | €299k | €5.24M | €1.39M | ▼ 73.5% |
| Profit (loss) for the period to be appropriated9905 | €522k | €780k | €299k | €5.24M | €1.39M | ▼ 73.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.32M | €19.31M | €21.45M | €38.54M | €29.43M | ▼ 23.6% |
| Formation expenses20 | €2k | €2k | €997 | €294 | €0 | ▼ 100% |
| Fixed assets21/28 | €11.92M | €17.92M | €20.54M | €27.57M | €27.10M | ▼ 1.7% |
| Tangible fixed assets22/27 | €943k | €944k | €899k | €1.42M | €1.28M | ▼ 9.3% |
| Land and buildings22 | €853k | €858k | €824k | €792k | €758k | ▼ 4.3% |
| Furniture and vehicles24 | €90k | €86k | €75k | €284k | €224k | ▼ 21.2% |
| Other tangible fixed assets26 | - | - | - | €340k | €302k | ▼ 11.1% |
| Financial fixed assets28 | €10.98M | €16.98M | €19.64M | €26.15M | €25.81M | ▼ 1.3% |
| Current assets29/58 | €1.40M | €1.39M | €907k | €10.97M | €2.33M | ▼ 78.7% |
| Amounts receivable within one year40/41 | €806k | €851k | €839k | €10.85M | €840k | ▼ 92.3% |
| Trade receivables40 | - | €42k | €29k | €0 | €31k | - |
| Other amounts receivable41 | €806k | €810k | €810k | €10.85M | €810k | ▼ 92.5% |
| Cash at bank and in hand54/58 | €596k | €541k | €66k | €122k | €1.49M | ▲ 1,125% |
| Deferred charges and accrued income490/1 | - | €182 | €2k | €3k | €3k | ▲ 25.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.32M | €19.31M | €21.45M | €38.54M | €29.43M | ▼ 23.6% |
| Equity10/15 | €3.52M | €4.30M | €4.60M | €9.84M | €11.23M | ▲ 14.1% |
| Contributions10/11 | €3.00M | €3.00M | €3.00M | €3.00M | €3.00M | = |
| Profit (loss) carried forward14 | €522k | €1.30M | €1.60M | €6.84M | €8.23M | ▲ 20.3% |
| Amounts payable17/49 | €9.80M | €15.01M | €16.85M | €28.70M | €18.20M | ▼ 36.6% |
| Amounts payable after more than one year17 | €2.65M | €2.65M | €2.65M | €2.65M | €2.65M | = |
| Financial debts170/4 | €2.65M | €2.65M | €2.65M | €2.65M | €2.65M | = |
| Amounts payable within one year42/48 | €7.15M | €12.36M | €14.20M | €26.05M | €15.55M | ▼ 40.3% |
| Trade debts44 | €9k | €60k | €25k | €25k | €189k | ▲ 657% |
| Suppliers440/4 | €9k | €60k | €25k | €25k | €189k | ▲ 657% |
| Taxes, remuneration and social security45 | - | €50k | €76k | €40k | €39k | ▼ 2.8% |
| Taxes450/3 | - | €50k | €76k | €36k | €39k | ▲ 8.5% |
| Remuneration and social security454/9 | - | - | - | €4k | €0 | ▼ 100% |
| Other amounts payable47/48 | €7.14M | €12.25M | €14.10M | €25.98M | €15.32M | ▼ 41.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €522k | €780k | €299k | €5.24M | €1.39M | ▼ 73.5% |
| + Depreciation and write-downs630 | €51k | €45k | €46k | €112k | €132k | ▲ 17.8% |
| Operating cash flow (approximation) | €573k | €825k | €345k | €5.36M | €1.52M | ▼ 71.6% |
| Investment in fixed assets (approximation) | - | €-6.05M | €-2.67M | €-7.14M | €339k | ▲ 105% |
| Change in cash | - | €-55k | €-475k | €56k | €1.37M | ▲ 2,354% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €10MEq €11.23M ▲14.1%
5 profitable years in a row build equity to €11.23M.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €5.24M ▲1,654%
Net result €5.24M, the highest in the series.
31-12
Financial
Equity above €5MEq €9.84M ▲114%
4 profitable years in a row build equity to €9.84M.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €299k ▼61.7%
Net result drops to €299k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Ukkel · 1 establishment unit since 2020
Ground area
2,906 m²
Building footprint
344 m²
Volume, LiDAR
2,361 m³
Parcel 21614H0055/02F029, Brussels · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
RMSO 3
since 20202.304.373.471
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0055/02F029 | Brussels | 2,906 m² | 1 · 344 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300JUX3J0HHPF8290
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 6,242 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
Founded05-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.