RUMMAR GROUP
RUMMAR GROUP has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-120k) and a net result of €-196k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
| Equity | €-120k |
| Net result | €-196k |
| Better than sector | 15% |
| Active | 10 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -5.5% | 29.8% | |
| Net result | €-196k | €6k | |
| Equity | €-120k | €78k | |
| Gross operating margin | €147k | €41k | |
| Staff costs | €69 | €28k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | abbreviated schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €136k | €125k | €103k | €120k | €36k |
| Net profit | €-196k | €75k | €53k | €70k | €39k |
| Cash flow | €75k | €88k | €70k | €85k | €54k |
| Staff costs | €69 | €19k | €39k | €42k | - |
| Income taxes | €0 | €26k | €22k | €25k | €3k |
| Dividends | €0 | €25k | - | €50k | €25k |
| Total assets | €2.18M | €554k | €407k | €397k | €389k |
| Equity | €-120k | €125k | €155k | €52k | €32k |
| Debt | €2.30M | €429k | €253k | €345k | €357k |
| of which ≤ 1y | €718k | €248k | €59k | €132k | €119k |
| of which > 1y | €1.58M | €177k | €194k | €214k | €238k |
| Working capital | €-549k | €61k | €24k | €-74k | €-16k |
| Employees (FTE) | - | 0.3 | 0.8 | - | 1.9 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.24 | 1.25 | 1.41 | 0.44 | 0.87 |
| Quick ratio | 0.24 | 1.25 | 1.03 | 0.34 | 0.45 |
| Working capital ratio | -25.2% | 11.1% | 5.9% | -18.7% | -4.0% |
| Solvency | -5.5% | 22.6% | 38.0% | 13.0% | 8.2% |
| Debt / equity | -19.13 | 3.42 | 1.63 | 6.69 | 7.41 |
| Long-term debt ratio | -13.11 | 1.41 | 1.25 | 4.14 | 7.41 |
| Interest coverage | 2.25 | 10.26 | 9.54 | 12.33 | - |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | -9.0% | 13.6% | 13.1% | 17.5% | 10.0% |
| ROE | 162.8% | 59.9% | 34.3% | 134.8% | 120.9% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €2.18M | €554k | €407k | €397k | €389k |
| Fixed assets | 21/28 | €2.01M | €245k | €324k | €339k | €285k |
| Tangible fixed assets | 22/27 | €2.01M | €245k | €264k | €279k | €285k |
| Financial fixed assets | 28 | - | €0 | €60k | €60k | €25 |
| Current assets | 29/58 | €169k | €309k | €83k | €57k | €103k |
| Stocks & contracts in progress | 3 | - | €0 | €22k | €12k | €50k |
| Amounts receivable within one year | 40/41 | €83k | €107k | €43k | €34k | €7k |
| Cash & bank | 54/58 | €81k | €200k | €17k | €9k | €44k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.18M | €554k | €407k | €397k | €389k |
| Equity | 10/15 | €-120k | €125k | €155k | €52k | €32k |
| Contributions / capital | 10/11 | €5k | €5k | €6k | €6k | - |
| Reserves | 13 | €62k | €112k | €149k | €2k | €12k |
| Accumulated profits (losses) | 14 | €-187k | €9k | €0 | €44k | €14k |
| Amounts payable | 17/49 | €2.30M | €429k | €253k | €345k | €357k |
| Amounts payable after one year | 17 | €1.58M | €177k | €194k | €214k | €238k |
| Amounts payable within one year | 42/48 | €718k | €248k | €59k | €132k | €119k |
| Trade debts payable within one year | 44 | €144k | €71k | €10k | €4k | €44k |
| Income statement | ||||||
| Gross operating margin | 9900 | €147k | €148k | €143k | €163k | €103k |
| Operating result | 9901 | €-135k | €112k | €86k | €105k | €20k |
| Financial income | 75 | €0 | €1k | €97 | - | €48 |
| Financial charges | 65 | €60k | €12k | €11k | €10k | €7k |
| Result before taxes | 9903 | €-196k | €101k | €75k | €95k | €14k |
| Income taxes | 67/77 | €0 | €26k | €22k | €25k | €3k |
| Net result for the period | 9904 | €-196k | €75k | €53k | €70k | €11k |
| Result to be appropriated | 9905 | €-196k | €75k | €53k | €80k | €11k |
-
RUMMAR HOLDING bvLegal entityDirector· perm. rep.: RUMMAR HOLDING bvState Gazette act 25072313 (06-06-2025)Current01-12-2024 → present
Former directors (1)
-
Hovsepyan HaykDirectorState Gazette act 25072313 (06-06-2025)Former- → 01-12-2024
| NACE primary | Renting and operating of own or leased residential real estate, excluding social housing(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 01-03-2016 |
| Status | Active |
| Postal code | 2520 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11035C0324/00R000 | Flanders | 755 m² | 1 · 98 m² | 7.9 m · 1 fl. |
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-06-2025 1 director appointed, 1 resigning
- RUMMAR HOLDING bv, Bestuurder
- Hovsepyan Hayk, Bestuurder
Technical details
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}27-03-2023 Registered office moved from Aartselaar to Ranst
- Vluchtenburgstraat 4, 2630 Aartselaar → Sint-Antoniusstraat 17A, 2520 Ranst
Technical details
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}| Legal nameNL | RUMMAR GROUP |