RTM KOELING
ActiveSummary
RTM KOELING has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,203 and a net result of €46,206. Equity has been growing by about 35% per year since 2022. Its solvency ranks better than 56% of 3,715 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 17-03-2022 Normal situation
- Activity
- Growing of pome and stone fruits NACE 01240and 7 others
- Establishment unit
- 2.329.275.549 3454 Geetbets, since 17-03-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 14-08-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €174,584
- ▲ 56.2%
- Turnover
- ≈ €480,000
- estimated
- Profit
- €46,206
- ▲ 50.0%
- Equity
- €225,203
- ▲ 25.8%
- Total assets
- €582,491
- ▲ 4.5%
Score breakdownraises risk1 of the last 3 accounts latelowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €582,491Figures for financial year 2025 (filed on 01-08-2026)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency
64+7
equity 38.7% of total assets
Liquidity
46+6
short-term debt 37.5% · cash 10.8%
Profitability
79+3
return on assets 7.9%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.4%● unchanged vs 07-2025highest value
09-2025: 0.4%● unchanged vs 08-2025highest value
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.3%▼ -0.1 percentage points vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.92 (0.84 in 2024), below 1. Short-term debt is 37.5% and cash 10.8% of total assets. 61.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 01, micro). It does better than 54% of them on solvency, 44% on liquidity, 71% on profitability and 77% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 day early
2024
59 days early
2023
43 days late
2022
83 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 25 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (3 of the last 4 accounts filed within 53 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 4 filings
Turnover
≈ €480,000
Estimated: probably between €320,000 and €710,000
Total assets
€582,491▲ 4.5%
2024 · €557,331
Net result
€46,206▲ 50.0%
2024 · €30,803
Working capital
-€17,421▲ 35.0%
2024 · -€26,783
Multi-year overview
2022 to 2025, 4 financial yearsOperating result
€66,253
▲ 61.0%
2025
20222025
Net result
€46,206
▲ 50.0%
2025
highest quarter of the sector
20222025
Equity
€225,203
▲ 25.8%
2025
middle half of the sector
20222025
Total assets
€582,491
▲ 4.5%
2025
middle half of the sector
20222025
Debt
€357,288
▼ 5.6%
2025
20222025
Working capital
-€17,421
▲ 35.0%
2025
middle half of the sector
20222025
Solvency
38.7%
▲ 6.5pp
2025
middle half of the sector
20222025
Current ratio
0.92
▲ 0.08
2025
middle half of the sector
20222025
Return on assets (ROA)
7.9%
▲ 2.4pp
2025
middle half of the sector
20222025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Operating result€22,112-€168,035▲ 660%€41,146▼ 75.5%€66,253▲ 61.0%
Net result€16,005within the sector's middle half-€127,190above the sector's middle half▲ 695%€30,803above the sector's middle half▼ 75.8%€46,206above the sector's middle half▲ 50.0%
Equity€21,005within the sector's middle half-€148,195within the sector's middle half▲ 606%€178,997within the sector's middle half▲ 20.8%€225,203within the sector's middle half▲ 25.8%
Total assets€269,037within the sector's middle half-€454,305within the sector's middle half▲ 68.9%€557,331within the sector's middle half▲ 22.7%€582,491within the sector's middle half▲ 4.5%
Debt€248,032-€306,110▲ 23.4%€378,333▲ 23.6%€357,288▼ 5.6%
Working capital€26,834within the sector's middle half-€66,422within the sector's middle half▲ 148%-€26,783within the sector's middle half-€17,421within the sector's middle half▲ 35.0%
Solvency7.8%within the sector's middle half-32.6%within the sector's middle half▲ 24.8pp32.1%within the sector's middle half▼ 0.5pp38.7%within the sector's middle half▲ 6.5pp
Current ratio1.75within the sector's middle half-1.75within the sector's middle half=0.84within the sector's middle half▼ 0.910.92within the sector's middle half▲ 0.08
Return on assets (ROA)5.9%within the sector's middle half-28.0%above the sector's middle half▲ 22.0pp5.5%within the sector's middle half▼ 22.5pp7.9%within the sector's middle half▲ 2.4pp
above
within
below
The sector band is the middle half of the companies in Crop and animal production, hunting and related service activities (NACE 01). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 61% higher than in 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €582,491
Fixed assets
€381,364 ▼ 9.3%
Current assets
€201,128 ▲ 47.0%
Equity and liabilities €582,491
Equity
€225,203 ▲ 25.8%
Debt
€357,288 ▼ 5.6%
Debt's share of the balance-sheet total falls from 67.9% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€147,608▲
2024 · €111,716
Cash flow
€127,560▲
2024 · €101,373
Quick ratio
0.70▲
2024 · 0.15
Debt to equity
1.59▼
2024 · 2.11
ROE
20.5%▲
2024 · 17.2%
Interest coverage
40.54▲
2024 · 17.39
Debt ≤ 1 year
€218,548▲
2024 · €163,647
Debt > 1 year
€138,740▼
2024 · €214,686
Income taxes
€16,677▲
2024 · €3,920
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Pledge on the business | €181,500 | €181,500 | €181,500 | €181,500 |
| Pledge on other assets, amount secured | €165,000 | €245,000 | €245,000 | €245,000 |
| Carrying value of the other pledged assets | €206,342 | €252,831 | €417,415 | €345,287 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €214,343 | €128,916 | €189,000 | €64,130 |
| Intangible fixed assets | - | - | €3,276 | - |
| Depreciation and write-downs of the year | €8,001 | €36,497 | €70,570 | €81,354 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2024 · 2 entries · €14,866 awarded · €14,866 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 1 | €7,841 | €7,841 |
| 2023 | 1 | €7,025 | €7,025 |
Schemes
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,001 | €36,497 | €70,570 | €81,354 | ▲ 15.3% |
| Other operating charges640/8 | - | €60 | €60 | €460 | ▲ 666% |
| Non-recurring operating charges66A | - | - | - | €26,517 | - |
| Gross operating margin9900 | €30,113 | €204,592 | €111,776 | €174,584 | ▲ 56.2% |
| Operating profit (loss)9901 | €22,112 | €168,035 | €41,146 | €66,253 | ▲ 61.0% |
| Financial income75/76B | €0 | €0 | €0 | €270 | - |
| Recurring financial income75 | €0 | €0 | €0 | €270 | - |
| Financial charges65/66B | €1,997 | €5,846 | €6,423 | €3,641 | ▼ 43.3% |
| Recurring financial charges65 | €1,997 | €5,846 | €6,423 | €3,641 | ▼ 43.3% |
| Profit (loss) for the period before taxes9903 | €20,115 | €162,189 | €34,723 | €62,883 | ▲ 81.1% |
| Income taxes67/77 | €4,110 | €34,999 | €3,920 | €16,677 | ▲ 325% |
| Profit (loss) for the period9904 | €16,005 | €127,190 | €30,803 | €46,206 | ▲ 50.0% |
| Profit (loss) for the period to be appropriated9905 | €16,005 | €127,190 | €30,803 | €46,206 | ▲ 50.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €269,037 | €454,305 | €557,331 | €582,491 | ▲ 4.5% |
| Fixed assets21/28 | €206,342 | €298,761 | €420,467 | €381,364 | ▼ 9.3% |
| Intangible fixed assets21 | - | - | €3,051 | €2,396 | ▼ 21.5% |
| Tangible fixed assets22/27 | €206,342 | €298,761 | €417,415 | €378,967 | ▼ 9.2% |
| Plant, machinery and equipment23 | - | €5,491 | €47,000 | €64,110 | ▲ 36.4% |
| Furniture and vehicles24 | - | €104,790 | €199,797 | €148,009 | ▼ 25.9% |
| Other tangible fixed assets26 | €206,342 | €188,480 | €170,618 | €133,168 | ▼ 21.9% |
| Assets under construction and advance payments27 | - | - | - | €33,680 | - |
| Current assets29/58 | €62,695 | €155,544 | €136,864 | €201,128 | ▲ 47.0% |
| Stocks and contracts in progress3 | €20,157 | €47,814 | €112,407 | €47,993 | ▼ 57.3% |
| Stocks30/36 | €20,157 | €47,814 | €112,407 | €47,993 | ▼ 57.3% |
| Amounts receivable within one year40/41 | €20,585 | €37,508 | €13,901 | €69,645 | ▲ 401% |
| Trade receivables40 | €20,585 | €0 | €11,050 | €65,621 | ▲ 494% |
| Other amounts receivable41 | - | €37,508 | €2,851 | €4,024 | ▲ 41.1% |
| Cash at bank and in hand54/58 | €21,953 | €59,155 | €10,490 | €63,105 | ▲ 502% |
| Deferred charges and accrued income490/1 | - | €11,067 | €66 | €20,385 | ▲ 311× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €269,037 | €454,305 | €557,331 | €582,491 | ▲ 4.5% |
| Equity10/15 | €21,005 | €148,195 | €178,997 | €225,203 | ▲ 25.8% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | - | - | - | €46,206 | - |
| Distributable reserves133 | - | - | - | €46,206 | - |
| Profit (loss) carried forward14 | €16,005 | €143,195 | €173,997 | €173,997 | = |
| Amounts payable17/49 | €248,032 | €306,110 | €378,333 | €357,288 | ▼ 5.6% |
| Amounts payable after more than one year17 | €196,567 | €216,989 | €214,686 | €138,740 | ▼ 35.4% |
| Financial debts170/4 | €196,567 | €216,989 | €214,686 | €138,740 | ▼ 35.4% |
| Amounts payable within one year42/48 | €35,861 | €89,122 | €163,647 | €218,548 | ▲ 33.5% |
| Current portion of amounts payable after more than one year42 | €22,401 | €42,369 | €77,220 | €78,529 | ▲ 1.7% |
| Trade debts44 | €387 | €6,444 | €35,395 | €47,005 | ▲ 32.8% |
| Suppliers440/4 | €387 | €6,444 | €35,395 | €47,005 | ▲ 32.8% |
| Taxes, remuneration and social security45 | €9,273 | €40,309 | €4,220 | €20,596 | ▲ 388% |
| Taxes450/3 | €9,273 | €40,309 | €4,220 | €20,596 | ▲ 388% |
| Other amounts payable47/48 | €3,800 | €0 | €46,813 | €72,418 | ▲ 54.7% |
| Accrued charges and deferred income492/3 | €15,604 | €0 | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,005 | €127,190 | €30,803 | €46,206 | ▲ 50.0% |
| + Depreciation and write-downs630 | €8,001 | €36,497 | €70,570 | €81,354 | ▲ 15.3% |
| Operating cash flow (approximation) | €24,006 | €163,687 | €101,373 | €127,560 | ▲ 25.8% |
| Investment in fixed assets (approximation) | - | -€128,916 | -€192,276 | -€42,251 | ▲ 78.0% |
| Change in cash | - | €37,202 | -€48,665 | €52,615 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 3,127 companies had the same profile as RTM KOELING has now. Two years later, 97.2% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
97.2%
was still going
1.9%
stopped otherwise
0.8%
went bankrupt
That fits the bankruptcy probability of RTM KOELING itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,127 companies, not a prediction for RTM KOELING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
1 director, no change since 2025
Julie Mees
Current
Director · appointed in the act of 01-04-2025 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 21-03-2022Owners and capital
Shareholders
At incorporation
act of 21-03-2022 ↗
- MEES Tom Emile Celine 1 share (0.2%) · €10
- MEES Rob Jean-Pierre Martin beherende vennoot · 499 shares (99.8%) · €4,990
Capital transactions
Capital over time
- 21-03-2022 Incorporation · 500 shares
Mandate history
2 people, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| Julie Mees |
|
| MEES Rob Jean-Pierre Martin |
|
Network & group
RTM KOELING shares no director with another company.
Companies at the same address
6 other companies- IMMO TERBORG Registered office · since 2011 0837468801
- Mees, Tom (sole trader) Establishment · since 2010 0729377543
- Mees Tom en Lesuisse Krista Registered office · since 2010 0823304821
- Lesuisse, Krista (sole trader) Establishment · since 2010 0823197725
- Mees Sort Registered office · since 2001 0466413018
- IMMO - M.Z. Registered office · since 1988 0432886353
Connections & network
1 current directorThe network starts from the directors of RTM KOELING. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-07
micro format · 1 day before the deadline
2025
31-12
Financial
Equity above €200,000equity €225,203 ▲25.8%
With a profit in every financial year since 2022, equity grows to €225,203.
02-06
micro format · 59 days before the deadline
01-04
Gazette deed
Resignation: Rob Mees (director)Appointment: Julie Mees (director)3 points ▸
Gazette deed
Resignation: Rob Mees (director)
Appointment: Julie Mees (director)3 points ▸
- General meeting, 19-03-2025
- Director resignation, Rob Mees (director)
- Director appointment, Julie Mees (director)
2024
31-12
Financial
Equity above €150,000equity €178,997 ▲20.8%
With a profit in every financial year since 2022, equity grows to €178,997.
12-09
micro format · 43 days late
2023
31-12
Financial
Highest result from 2022 to 2025net €127,190 ▲695%
The operating result of €168,035 and the net result of €127,190 are both a record.
31-12
Financial
Equity above €100,000equity €148,195 ▲606%
With a profit in every financial year since 2022, equity grows to €148,195.
09-05
micro format · 83 days before the deadline
2022
21-03
Gazette deed
IncorporationAppointment: MEES Rob Jean-Pierre Martin (statutory director) · Founder · Partner9 points ▸
Gazette deed
Incorporation
Appointment: MEES Rob Jean-Pierre Martin (statutory director) · Founder · Partner9 points ▸
- Incorporation, 15-03-2022
- Founder, MEES Tom Emile Celine
- Founder, MEES Rob Jean-Pierre Martin
- Other provision, “huwelijksvermogensstelsel, wettelijk stelsel bij ontstentenis van huwelijkscontract” (deed in Dutch)
- Director appointment, MEES Rob Jean-Pierre Martin (statutory director)
- Partner, MEES Rob Jean-Pierre Martin (general partner)
- Registered office clause, “Kraaistraat 47,3454 Geetbets(Rummen)” (deed in Dutch)
- Other provision, “ontledend uittreksel, vóór formaliteit registratie” (deed in Dutch)
- Founding capital
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
RTM KOELING in Dutch
Enterprise number
0783.517.005
Legal form
Private limited company
Status
Active, normale toestand
Founded
17-03-2022
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-03-2022 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 21-03-2022 (in Dutch)Registered office and establishments
Registered office
Kraaistraat 47, 3454 Geetbets, Belgium
Establishment unit
RTM KOELING, Kraaistraat 47, 3454 Geetbets since 17-03-2022 · unit number 2.329.275.549
Activities
NACEBEL 2025VAT activities
01240
Growing of pome and stone fruits main activity
01410
Raising of dairy cattle
01471
Crop and animal production, hunting and related service activities
01610
Support activities for crop production
01620
Support activities for animal production
10392
Manufacture of food products
52100
Warehousing and storage
82920
Office administrative, office support and other business support activities
Social security (RSZ) activities
01240
Growing of pome and stone fruits main activity
Codes under NACEBEL 2008
01240
Growing of pome and stone fruits main activity
01410
Crop and animal production, hunting and related service activities
01471
Crop and animal production, hunting and related service activities
01610
Support activities for crop production
01620
Support activities for animal production
10392
Manufacture of food products
52100
Warehousing and support activities for transportation
82920
Office administrative, office support and other business support activities
Invoicing and payment
VAT number
BE 0783.517.005
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 18:00
deed of 21-03-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
3,190 m²
Building footprint
257 m²
Building volume
959 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24095C0261/00Z000 | Flanders | 3,190 m² | 1 · 257 m² | 5.8 m · 1 |