Rudimentary

Active

Private limited companyfounded 20215 yrs activeGruuthuselaan 49, 8020 Oostkamp, BelgiumKBO/BCE: BE 0772.560.458

Summary

Rudimentary has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,510 and a net result of -€2,554. Equity is shrinking by ~28.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 16% of 1920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Risk analysisWatch Report Compare

RudimentaryActiveChecked score 80/100

Risk analysis Report Compare

Activity

Market research and public opinion polling

NACE 73200

1 site

Size

€92,565total assets 2025

Equity: €3,510
Loss: -€2,554

Turnover not published (abridged schema)

Financial health

80 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.5%

Structure

Largest shareholder: Solvitad · 50%

Accounts 1 d early0 of 2 deeds read

Why 80- Equity €3,510 (3.8% of total assets)- 1 of the last 3 late+ Sector Advertising, market research and public relations activities (NACE 73)+ Liquidity: current ratio 17.98, cash €17,414Show the evidence

Checked score

Score 2025

80 / 100

Excellent

Probability in this band: under 0.55%

Better than 34% of its sector peers (NACE 73, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Weak

Solvency 29-2

equity 3.8% of total assets

Liquidity 74+41

short-term debt 4.7% · cash 18.8%

Profitability 28-31

return on assets -2.8%

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,123 companies)

Last 24 months 11-2024: 1.7% 12-2024: 1.7%● 0.0% vs 11-2024 01-2025: 1.7%▼ -2.1% vs 12-2024 02-2025: 1.7%● 0.0% vs 01-2025 03-2025: 1.7%▼ -0.5% vs 02-2025 04-2025: 1.5%▼ -13.3% vs 03-2025 05-2025: 1.5%▲ +2.1% vs 04-2025 06-2025: 1.5%▼ -0.3% vs 05-2025 07-2025: 1.5%▲ +1.6% vs 06-2025 08-2025: 2.1%▲ +40.7% vs 07-2025 09-2025: 2.6%▲ +22.7% vs 08-2025 10-2025: 3.9%▲ +48.9% vs 09-2025 11-2025: 4.0%▲ +3.5% vs 10-2025 12-2025: 4.4%▲ +9.4% vs 11-2025 01-2026: 5.9%▲ +32.8% vs 12-2025 02-2026: 5.9%● 0.0% vs 01-2026 03-2026: 6.1%▲ +3.5% vs 02-2026highest value 04-2026: 5.6%▼ -7.3% vs 03-2026 05-2026: 0.5%▼ -90.3% vs 04-2026 06-2026: 0.5%● 0.0% vs 05-2026 07-2026: 0.6%▲ +0.5% vs 06-2026 08-2026: 0.5%▼ -4.4% vs 07-2026 09-2026: 0.5%● 0.0% vs 08-2026 10-2026: 0.5%▼ -5.3% vs 09-2026lowest value

Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
Liquidity: current ratio 17.98, cash €17,414 lowers the probability
Equity €3,510 (3.8% of total assets) raises the probability
1 of the last 3 late raises the probability

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 16%, liquidity 65%, profitability 21%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Advertising, market research and public relations activities (NACE 73)

In the bankruptcy model this factor lowers the probability.

KBO

Liquidity: current ratio 17.98, cash €17,414

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Equity €3,510 (3.8% of total assets)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 1920 sector peers (2025).

NBB · sector comparison

Position among 1920 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

1 d early

2023

31 d late

2022

3 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 9 days after the deadline; the sector median for financial year 2023 is 4 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

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

29-04-26 Annual accounts filedfiscal year 2025 · abbreviated…
30-09-25 Liquidity times 14current ratio 17.98
31-08-24 Annual accounts filedfiscal year 2023 · micro…

Key points

Caution: Among the weakest 16% on equitysector median €171,744 · 1,924 companies €3,510 View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€2,554 View
Total assets 20253 fiscal years filed €92,565 View