R & M
ActiveThe computed 12-month bankruptcy probability of R & M is 1.5% (moderate). The 2024 annual accounts show equity of €82k and a net result of €1k. Its solvency ranks better than 95% of 18942 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2019
Profitability41▲+6
Solvency100=
Growth78
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 34.91 against 5.34 in 2019; short-term debt: 2.9% of total assets), and 5.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2017 and did not fall compared with 2019. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
1924
2019 to 2024 · latest year €82k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2019
105 d late
2017
15 d late
2016
15 d late
2015
12 d late
2014
19 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€82k▲ 18.7%
2019 · €69k
2019: €69k
2019 → 2024
Total assets
€86k▼ 1.1%
2019 · €87k
2019: €87k
2019 → 2024
Net result
€1k
2019 · €-728
2019: €-728
2019 → 2024
Working capital
€84k▲ 18.2%
2019 · €71k
2019: €71k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192024Trend
Equity€69k-€82k▲ 18.7%
Operating result€-3k-€2k
Net result€-728-€1k
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 €2k in 2024, compared with €-3k in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2019 as the grey bar beneath
Equity and liabilities €86k
Equity
€82k▲ 18.7%
Provisions
€2k=
Debt
€2k▼ 84.9%
The debt ratio falls from 18.7% to 2.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
94.8%▲
2019 · 78.9%
Current ratio
34.91▲
2019 · 5.34
Quick ratio
34.91▲
2019 · 5.34
Debt / equity
0.03
ROE
1.7%▲
2019 · -1.1%
ROA
1.6%▲
2019 · -0.8%
Debt
€2k▼
2019 · €16k
Debt ≤ 1 year
€2k▼
2019 · €16k
Income taxes
€457▲
2019 · €-3k
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 2019
Balance sheet
Code20192024
Assets
Total assets20/58€87k€86k▼
Current assets29/58€87k€86k▼
Amounts receivable within one year40/41€63k€62k▼
Other amounts receivable41-€62k
Deferred charges and accrued income490/1-€25k
Equity and liabilities
Total equity and liabilities10/49€87k€86k▼
Equity10/15€69k€82k▲
Contributions10/11€6k€6k=
Reserves13€63k€75k▲
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133-€74k
Profit (loss) carried forward14€-728-
Provisions and deferred taxes16€2k€2k=
Provisions for liabilities and charges160/5-€2k
Other liabilities and charges164/5-€2k
Amounts payable17/49€16k€2k▼
Amounts payable within one year42/48€16k€2k▼
Trade debts44€7k€1k▼
Suppliers440/4-€1k
Taxes, remuneration and social security45-€1k
Taxes450/3-€1k
Income statement
Code20192024
Goods, raw materials, services and sundry goods60/61-€604
Other operating charges640/8-€1k
Gross operating margin9900€-3k€3k▲
Operating profit (loss)9901€-3k€2k▲
Recurring financial charges65€584-
Profit (loss) for the period before taxes9903€-3k€2k▲
Income taxes67/77€-3k€457▲
Profit (loss) for the period9904€-728€1k▲
Profit (loss) for the period to be appropriated9905€-728€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1k
Transfer to equity691/2-€1k
To other reserves6921-€1k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity times 7current ratio 34.91
Current ratio from 5.34 to 34.91; short-term debt falls from €16k to €2k.
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2018
15-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 15 days late
2017
15-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 15 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2015
19-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 19 days late
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
23-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 54 days late
2012
06-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Bornem · 1 establishment unit since 2010
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.
Scheldestraat(WEE) 282880 BornemGround area
1,052 m²
Building footprint
347 m²
Volume, LiDAR
1,718 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Het Panhuis
since 20102.200.413.524
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12038A0503/00X000 | Flanders | 817 m² | 1 · 123 m² | 9.3 m · 2 fl. |
| 12007B0454/00X000 | Flanders | 235 m² | 1 · 224 m² | 9.8 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 14,025 companies in sector 56301 we hold annual accounts for 4,892. 3,835 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-05-2010
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000