RZM CONSTRUCT
ActiveRZM CONSTRUCT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €28k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 44% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
94
/ 100
Excellent▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency78▲+9
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.53 in 2023), but 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
170 d late
2021
87 d late
2020
348 d late
2019
180 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€121k▲ 29.9%
2023 · €93k
2019: €15k
2020: €35k
2021: €82k
2022: €98k
2023: €93k
2019 → 2024
Total assets
€295k▲ 16.7%
2023 · €253k
2019: €324k
2020: €74k
2021: €95k
2022: €223k
2023: €253k
2019 → 2024
Net result
€28k
2023 · €-5k
2019: €9k
2020: €20k
2021: €14k
2022: €16k
2023: €-5k
2019 → 2024
Working capital
€116k▲ 37.2%
2023 · €85k
2019: €12k
2020: €32k
2021: €74k
2022: €93k
2023: €85k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€35k-€82k▲ 133%€98k▲ 19.6%€93k▼ 5.0%€121k▲ 29.9%
Operating result€27k-€24k▼ 11.4%€18k▼ 22.2%€22k▲ 18.9%€48k▲ 116%
Net result€20k-€14k▼ 30.8%€16k▲ 17.8%€-5k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 116% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €295k
Fixed assets
€5k▼ 43.4%
Current assets
€290k▲ 18.7%
Equity and liabilities €295k
Equity
€121k▲ 29.9%
Debt
€174k▲ 8.9%
The debt ratio falls from 63.2% to 59.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€52k▲
2023 · €25k
Cash flow
€32k▲
2023 · €-2k
Solvency
41.0%▲
2023 · 36.8%
Current ratio
1.67▲
2023 · 1.53
Quick ratio
1.67▲
2023 · 1.53
Debt / equity
1.44▼
2023 · 1.72
ROE
23.0%▲
2023 · -5.2%
ROA
9.4%▲
2023 · -1.9%
Interest coverage
82.51▲
2023 · 18.77
Debt
€174k▲
2023 · €160k
Debt ≤ 1 year
€174k▲
2023 · €160k
Income taxes
€19k▼
2023 · €27k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€253k€295k▲
Fixed assets21/28€8k€5k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€8k€3k▼
Furniture and vehicles24€845€1k▲
Current assets29/58€244k€290k▲
Amounts receivable after more than one year29€30k€30k=
Trade receivables290€30k€30k=
Amounts receivable within one year40/41€213k€233k▲
Trade receivables40€189k€209k▲
Other amounts receivable41€24k€24k▲
Cash at bank and in hand54/58-€24k
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€253k€295k▲
Equity10/15€93k€121k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€85k€113k▲
Amounts payable17/49€160k€174k▲
Amounts payable within one year42/48€160k€174k▲
Financial debts43€3k€3k=
Credit institutions430/8€3k€3k=
Trade debts44€106k€118k▲
Suppliers440/4€106k€118k▲
Advances received on contracts in progress46€35k€35k=
Taxes, remuneration and social security45€16k€18k▲
Taxes450/3€14k€18k▲
Remuneration and social security454/9€2k-
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€783€695▼
Gross operating margin9900€26k€53k▲
Operating profit (loss)9901€22k€48k▲
Financial income75/76B€2k€73▼
Recurring financial income75€2k€73▼
Financial charges65/66B€1k€630▼
Recurring financial charges65€1k€630▼
Profit (loss) for the period before taxes9903€22k€47k▲
Income taxes67/77€27k€19k▼
Profit (loss) for the period9904€-5k€28k▲
Profit (loss) for the period to be appropriated9905€-5k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€85k€113k▲
Profit (loss) brought forward from the previous period14P€90k€85k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
31-12
Financial
Equity above €100kEq €121k ▲29.9%
Equity rises from €93k to €121k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
17-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 170 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼130%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 348 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 6.51
Current ratio from 1.83 to 6.51; short-term debt falls from €39k to €13k.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 180 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tervuren · 1 establishment unit since 2018
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.
Kapellestraat 173080 TervurenGround area
88 m²
Building footprint
53 m²
Volume, LiDAR
334 m³
Parcel 24302D0370/00R002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RZM CONSTRUCT
since 20182.277.791.117
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302D0370/00R002 | Flanders | 88 m² | 1 · 52 m² | 9.5 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.
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Of 8,483 companies in sector 43410 we hold annual accounts for 4,308. 3,751 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-2018
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
41001General construction of residential buildings
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.