RPM Construct
ActiveSummary
The computed 12-month bankruptcy probability of RPM Construct is 1.6% (moderate). The 2025 annual accounts show equity of €68,515 and a net result of €11,124. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 28374 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-1
Solvency97▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.54 against 5.16 in 2024; short-term debt: 28.3% and cash: 0% of total assets), and 28.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
71.7%
Return on assets
11.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 10 filingsDeviation from the deadline
2025
30 d late
2024
194 d late
2023
117 d late
2022
71 d late
2021
82 d late
2020
95 d late
2019
131 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 103 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 21 October (4 of the last 5 filed years within 52 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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 trust this company with building work?Contractor check 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
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€68,515▲ 19.4%
2024 · €57,391
Total assets
€95,496▲ 34.4%
2024 · €71,065
Net result
€11,124▲ 32.0%
2024 · €8,425
Working capital
€68,515▲ 20.3%
2024 · €56,949
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,454▼ 74.7%€11,017▲ 658%€13,760▲ 24.9%€9,577▼ 30.4%€14,077▲ 47.0%
Net result€454below the sector's middle half▼ 93.8%€5,090within the sector's middle half▲ 1,022%€8,519within the sector's middle half▲ 67.4%€8,425within the sector's middle half▼ 1.1%€11,124within the sector's middle half▲ 32.0%
Equity€35,356within the sector's middle half▲ 1.3%€40,447within the sector's middle half▲ 14.4%€48,965within the sector's middle half▲ 21.1%€57,391within the sector's middle half▲ 17.2%€68,515within the sector's middle half▲ 19.4%
Total assets€133,362within the sector's middle half▼ 25.2%€191,932within the sector's middle half▲ 43.9%€105,670within the sector's middle half▼ 44.9%€71,065within the sector's middle half▼ 32.7%€95,496within the sector's middle half▲ 34.4%
Debt€98,006▼ 31.6%€151,486▲ 54.6%€56,705▼ 62.6%€13,675▼ 75.9%€26,981▲ 97.3%
Working capital€20,903within the sector's middle half▲ 8.6%€14,096within the sector's middle half▼ 32.6%€49,195within the sector's middle half▲ 249%€56,949within the sector's middle half▲ 15.8%€68,515within the sector's middle half▲ 20.3%
Solvency26.5%within the sector's middle half▲ 6.9pp21.1%below the sector's middle half▼ 5.4pp46.3%within the sector's middle half▲ 25.3pp80.8%above the sector's middle half▲ 34.4pp71.7%above the sector's middle half▼ 9.0pp
Current ratio1.22within the sector's middle half▲ 0.071.09below the sector's middle half▼ 0.121.89within the sector's middle half▲ 0.795.16above the sector's middle half▲ 3.283.54above the sector's middle half▼ 1.63
Return on assets (ROA)0.3%below the sector's middle half▼ 3.8pp2.7%within the sector's middle half▲ 2.3pp8.1%within the sector's middle half▲ 5.4pp11.9%within the sector's middle half▲ 3.8pp11.6%within the sector's middle half▼ 0.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 47% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €95,496
Equity
€68,515 ▲ 19.4%
Debt
€26,981 ▲ 97.3%
Debt's share of the balance-sheet total rises from 19.2% to 28.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€14,519▲
2024 · €10,033
Cash flow
€11,566▲
2024 · €8,881
Debt to equity
0.39▲
2024 · 0.24
ROE
16.2%▲
2024 · 14.7%
Interest coverage
9.96▼
2024 · 15.27
Debt ≤ 1 year
€26,981▲
2024 · €13,675
Income taxes
€5,258▲
2024 · €4,632
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,738 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,928 | €9,257 | €1,335 | €456 | €442 | ▼ 3.1% |
| Other operating charges640/8 | €2,859 | €7,374 | €18,331 | €2,450 | €543 | ▼ 77.8% |
| Non-recurring operating charges66A | - | - | - | - | €274 | - |
| Gross operating margin9900 | €13,241 | €27,649 | €33,426 | €12,483 | €15,336 | ▲ 22.9% |
| Operating profit (loss)9901 | €1,454 | €11,017 | €13,760 | €9,577 | €14,077 | ▲ 47.0% |
| Financial income75/76B | €1,678 | €2,211 | €2,967 | €4,137 | €3,762 | ▼ 9.1% |
| Recurring financial income75 | €1,678 | €2,211 | €2,967 | €4,137 | €3,762 | ▼ 9.1% |
| Financial charges65/66B | €1,361 | €1,694 | €1,632 | €657 | €1,457 | ▲ 122% |
| Recurring financial charges65 | €1,361 | €1,694 | €1,632 | €657 | €1,457 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | €1,771 | €11,535 | €15,095 | €13,058 | €16,382 | ▲ 25.5% |
| Income taxes67/77 | €1,317 | €6,445 | €6,577 | €4,632 | €5,258 | ▲ 13.5% |
| Profit (loss) for the period9904 | €454 | €5,090 | €8,519 | €8,425 | €11,124 | ▲ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €454 | €5,090 | €8,519 | €8,425 | €11,124 | ▲ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €133,362 | €191,932 | €105,670 | €71,065 | €95,496 | ▲ 34.4% |
| Fixed assets21/28 | €15,653 | €27,315 | €898 | €442 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €15,653 | €27,315 | €898 | €442 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | €2,447 | €2,233 | €898 | €442 | €0 | ▼ 100% |
| Furniture and vehicles24 | €5,116 | €25,082 | - | - | - | - |
| Leasing and similar rights25 | €8,089 | - | - | - | - | - |
| Current assets29/58 | €117,709 | €164,617 | €104,772 | €70,623 | €95,496 | ▲ 35.2% |
| Amounts receivable within one year40/41 | €109,364 | €152,268 | €103,092 | €70,026 | €95,288 | ▲ 36.1% |
| Trade receivables40 | €81,721 | €113,622 | €30,909 | €1,173 | €24,166 | ▲ 1,960% |
| Other amounts receivable41 | €27,643 | €38,645 | €72,183 | €68,853 | €71,122 | ▲ 3.3% |
| Cash at bank and in hand54/58 | - | €9,007 | - | €391 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €8,345 | €3,342 | €1,680 | €207 | €208 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €133,362 | €191,932 | €105,670 | €71,065 | €95,496 | ▲ 34.4% |
| Equity10/15 | €35,356 | €40,447 | €48,965 | €57,391 | €68,515 | ▲ 19.4% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €13,401 | €13,401 | €13,401 | €21,401 | €29,401 | ▲ 37.4% |
| Non-distributable reserves130/1 | €13,401 | €13,401 | €13,401 | €13,401 | €13,401 | = |
| Reserves not available under the articles1311 | €13,401 | €13,401 | €13,401 | €13,401 | €13,401 | = |
| Distributable reserves133 | - | - | - | €8,000 | €16,000 | ▲ 100% |
| Profit (loss) carried forward14 | €21,954 | €27,045 | €35,563 | €35,989 | €39,113 | ▲ 8.7% |
| Amounts payable17/49 | €98,006 | €151,486 | €56,705 | €13,675 | €26,981 | ▲ 97.3% |
| Amounts payable after more than one year17 | - | €965 | - | - | - | - |
| Financial debts170/4 | - | €965 | - | - | - | - |
| Amounts payable within one year42/48 | €96,806 | €150,521 | €55,577 | €13,675 | €26,981 | ▲ 97.3% |
| Current portion of amounts payable after more than one year42 | €7,471 | €1,347 | - | - | - | - |
| Financial debts43 | €7,064 | - | €1,178 | €0 | €2,606 | - |
| Credit institutions430/8 | €7,064 | - | €1,178 | €0 | €2,606 | - |
| Trade debts44 | €68,890 | €140,868 | €41,251 | €1,921 | €11,115 | ▲ 478% |
| Suppliers440/4 | €68,890 | €140,868 | €41,251 | €1,921 | €11,115 | ▲ 478% |
| Taxes, remuneration and social security45 | €13,323 | €8,306 | €13,149 | €11,753 | €13,261 | ▲ 12.8% |
| Taxes450/3 | €7,323 | €8,306 | €13,149 | €11,753 | €9,261 | ▼ 21.2% |
| Remuneration and social security454/9 | €6,000 | - | - | - | €4,000 | - |
| Other amounts payable47/48 | €58 | - | - | - | - | - |
| Accrued charges and deferred income492/3 | €1,200 | - | €1,128 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €454 | €5,090 | €8,519 | €8,425 | €11,124 | ▲ 32.0% |
| + Depreciation and write-downs630 | €8,928 | €9,257 | €1,335 | €456 | €442 | ▼ 3.1% |
| Operating cash flow (approximation) | €9,382 | €14,347 | €9,854 | €8,881 | €11,566 | ▲ 30.2% |
| Investment in fixed assets (approximation) | - | -€20,919 | €25,082 | €0 | €0 | - |
| Change in cash | - | - | - | - | -€391 | - |
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 194 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 5.16
Current ratio from 1.89 to 5.16; short-term debt falls from €55,577 to €13,675.
25-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 117 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 131 days late
2019
31-12
Financial
Back to profitnet €12,530
Net result €12,530 after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 90 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 81 days late
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Brussel · 1 establishment unit since 2015
Ground area
807 m²
Building footprint
560 m²
Volume, LiDAR
11,833 m³
2 parcels, Brussels · tallest building 27.7 m, ±8 floors. Linked by address, not a title deed.
472
companies at this address
See who is registered here
1 establishment unit
RPM Construct
since 20152.243.879.026
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H1778/00D000 | Brussels | 670 m² | 1 · 488 m² | 27.7 m · 8 fl. |
| 21304B0016/00F013 | Brussels | 136 m² | 1 · 71 m² | 11.7 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
B-Bouw
BE 0787.610.801
Roosdaal · Eq €68,513
ABK Building Partner
BE 0804.704.179
Bree · Eq €68,508
DUARTE FRERES SCS
BE 0820.315.439
Herve · Eq €68,536
D'HUYVETTER BETON
BE 0866.039.061
Avelgem · Eq €68,485
S.M.G. Construct
BE 0560.834.006
Jette · Eq €68,578
Of 15,524 companies in sector 43990 we hold annual accounts for 7,429. 6,221 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 (pre-2019)
Founded29-04-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0629676488
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.