Rudimentary
ActiveSummary
The computed 12-month bankruptcy probability of Rudimentary is 1.6% (moderate). The 2025 annual accounts show equity of €4k and a net result of €-3k. 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 17% of 1638 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability28▼-31
Solvency29▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.8%
Return on assets
-2.8%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 1638 sector peers (2025).
NBB · sector comparisonPosition among 1638 sector peers
Solvency
better than 17%
← weakest
strongest →
neutral · 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 filingsDeviation from the deadline
2025
1 d early
2023
31 d late
2022
3 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€4k▼ 42.1%
2023 · €6k
2022: €9k
2023: €6k
2022 → 2025
Total assets
€93k▼ 13.8%
2023 · €107k
2022: €74k
2023: €107k
2022 → 2025
Net result
€-3k▲ 1.1%
2023 · €-3k
2022: €5k
2023: €-3k
2022 → 2025
Working capital
€74k▲ 605%
2023 · €11k
2022: €-3k
2023: €11k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232025Trend
Equity€9k-€6k▼ 29.9%€4k▼ 42.1%
Operating result€8k-€357▼ 95.3%€3k▲ 626%
Net result€5k-€-3k€-3k▲ 1.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €3k in 2025, compared with €357 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€14k ▼ 75.2%
Current assets
€79k ▲ 53.1%
Equity and liabilities €93k
Equity
€4k ▼ 42.1%
Debt
€89k ▼ 12.1%
Debt's share of the balance-sheet total rises from 94.4% to 96.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2023 · €12k
Cash flow
€2k▼
2023 · €9k
Current ratio
17.98▲
2023 · 1.26
Quick ratio
5.11▲
2023 · 0.14
Debt to equity
25.37▲
2023 · 16.71
ROE
-72.8%▼
2023 · -42.6%
ROA
-2.8%▼
2023 · -2.4%
Interest coverage
1.47▼
2023 · 5.14
Debt ≤ 1 year
€4k▼
2023 · €41k
Debt > 1 year
€85k▲
2023 · €60k
Income taxes
€519▼
2023 · €676
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 2023 · 44 lines
Balance sheet
Code20232025
Assets
Total assets20/58€107k€93k▼
Fixed assets21/28€56k€14k▼
Intangible fixed assets21€17k€14k▼
Tangible fixed assets22/27€39k€375▼
Plant, machinery and equipment23€967€375▼
Leasing and similar rights25€38k-
Current assets29/58€51k€79k▲
Stocks and contracts in progress3€46k€56k▲
Stocks30/36€46k€56k▲
Amounts receivable within one year40/41€5k€4k▼
Trade receivables40€5k€4k▼
Cash at bank and in hand54/58€405€17k▲
Deferred charges and accrued income490/1€236€530▲
Equity and liabilities
Total equity and liabilities10/49€107k€93k▼
Equity10/15€6k€4k▼
Contributions10/11€4k€4k=
Reserves13€2k-
Distributable reserves133€2k-
Profit (loss) carried forward14-€-490
Amounts payable17/49€101k€89k▼
Amounts payable after more than one year17€60k€85k▲
Financial debts170/4€60k€85k▲
Amounts payable within one year42/48€41k€4k▼
Current portion of amounts payable after more than one year42€22k-
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€6k€112▼
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€4k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€14k€12k▼
Operating profit (loss)9901€357€3k▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€-2k€-2k▼
Income taxes67/77€676€519▼
Profit (loss) for the period9904€-3k€-3k▲
Profit (loss) for the period to be appropriated9905€-3k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-3k▲
Transfer from equity791/2€3k€2k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity times 14current ratio 17.98
Current ratio from 1.26 to 17.98; short-term debt falls from €41k to €4k.
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼156%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Oostkamp · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gruuthuselaan 498020 OostkampGround area
796 m²
Building footprint
138 m²
Volume, LiDAR
618 m³
Parcel 31022I0389/00W000, Flanders · tallest building 5.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rudimentary
since 20212.320.932.658
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022I0389/00W000 | Flanders | 796 m² | 1 · 138 m² | 5.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
RC PLUS
BE 0460.564.116
Esneux · Eq €3,510
ExentriQ
BE 0760.780.502
Schaarbeek · Eq €3,492
COLPEN
BE 0717.692.211
Mechelen · Eq €3,359
Leores
BE 1005.371.544
Antwerpen · Eq €3,779
Capital Participations
BE 0700.182.721
Asse · Eq €3,787
Of 2,713 companies in sector 73200 we hold annual accounts for 1,783. 307 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-08-2021
Fiscal year end30-09
Activities, NACEBEL 2025
73200Market research and public opinion polling
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.