RDMD
ActiveSummary
The computed 12-month bankruptcy probability of RDMD is 3.6% (moderate). The 2024 annual accounts show equity of €58k and a net result of €16k. Equity is growing by ~62.6% per year across the filed fiscal years. Its solvency ranks better than 66% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability86▼-10
Solvency76▲+16
Growth85=
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.97 against 1.54 in 2023; short-term debt: 48.9% and cash: 58.3% of total assets), and 48.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
51.1%
Return on assets
14.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-10-2025, 73 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
73 d late
2023
107 d late
2022
151 d late
2021
151 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€136k▲ 9.9%
2023 · €124k
2021: €35klowest in 4 years
2022: €109k▲ +208% vs 2021
2023: €124k▲ +13.5% vs 2022
2024: €136k▲ +9.9% vs 2023highest in 4 years
2021 → 2024
EBIT margin
15.3%▼ 13.2pp
2023 · 28.5%
2021: -2.1%lowest in 4 years
2022: 8.8%▲ +519% vs 2021
2023: 28.5%▲ +223% vs 2022highest in 4 years
2024: 15.3%▼ -46.5% vs 2023
2021 → 2024
Net result
€16k▼ 42.3%
2023 · €28k
2021: €-748lowest in 4 years
2022: €8k▲ +1143% vs 2021
2023: €28k▲ +257% vs 2022highest in 4 years
2024: €16k▼ -42.3% vs 2023
2021 → 2024
Working capital
€54k▲ 28.1%
2023 · €42k
2021: €6klowest in 4 years
2022: €14k▲ +125% vs 2021
2023: €42k▲ +198% vs 2022
2024: €54k▲ +28.1% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€35k-€109k▲ 208%€124k▲ 13.5%€136k▲ 9.9%
2021: €35klowest in 4 years
2022: €109k▲ +208% vs 2021
2023: €124k▲ +13.5% vs 2022
2024: €136k▲ +9.9% vs 2023highest in 4 years
Equity€6k-€14k▲ 125%€42k▲ 198%€58k▲ 38.3%
2021: €6klowest in 4 years
2022: €14k▲ +125% vs 2021
2023: €42k▲ +198% vs 2022
2024: €58k▲ +38.3% vs 2023highest in 4 years
Operating result€-748-€10k€35k▲ 266%€21k▼ 41.2%
2021: €-748lowest in 4 years
2022: €10k▲ +1389% vs 2021
2023: €35k▲ +266% vs 2022highest in 4 years
2024: €21k▼ -41.2% vs 2023
Net result€-748-€8k€28k▲ 257%€16k▼ 42.3%
2021: €-748lowest in 4 years
2022: €8k▲ +1143% vs 2021
2023: €28k▲ +257% vs 2022highest in 4 years
2024: €16k▼ -42.3% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€4k
Current assets
€109k
Equity and liabilities €113k
Equity
€58k ▲ 38.3%
Debt
€55k ▼ 28.8%
Debt's share of the balance-sheet total falls from 65.0% to 48.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22k
Cash flow
€17k
Current ratio
1.97▲
2023 · 1.54
Debt to equity
0.96▼
2023 · 1.86
ROE
27.7%▼
2023 · 66.4%
ROA
14.2%▼
2023 · 23.2%
Interest coverage
143.41
Debt ≤ 1 year
€55k▼
2023 · €78k
Income taxes
€5k▼
2023 · €7k
Staff costs
€8k▼
2023 · €12k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€120k€113k▼
Fixed assets21/28-€4k
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Current assets29/58€120k€109k▼
Amounts receivable within one year40/41€37k€40k▲
Trade receivables40€35k€37k▲
Other amounts receivable41€3k€3k▲
Current investments50/53-€3k
Cash at bank and in hand54/58€83k€66k▼
Equity and liabilities
Total equity and liabilities10/49€120k€113k▼
Equity10/15€42k€58k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€35k€51k▲
Amounts payable17/49€78k€55k▼
Amounts payable within one year42/48€78k€55k▼
Trade debts44€57k€29k▼
Suppliers440/4€57k€29k▼
Taxes, remuneration and social security45€16k€22k▲
Taxes450/3€6k€12k▲
Remuneration and social security454/9€10k€10k▲
Other amounts payable47/48€4k€4k=
Income statement
Code20232024
Turnover70€124k€136k▲
Non-recurring operating income76A-€79
Goods, raw materials, services and sundry goods60/61€75k€106k▲
Remuneration, social security and pensions62€12k€8k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€1k
Other operating charges640/8€1k€585▼
Gross operating margin9900€48k€30k▼
Operating profit (loss)9901€35k€21k▼
Financial charges65/66B€528€153▼
Recurring financial charges65€528€153▼
Profit (loss) for the period before taxes9903€35k€21k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€28k€16k▼
Profit (loss) for the period to be appropriated9905€28k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€51k▲
Profit (loss) brought forward from the previous period14P€7k€35k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Turnover70 | €35k | €109k | €124k | €136k | ▲ 9.9% |
| Non-recurring operating income76A | - | - | - | €79 | - |
| Goods, raw materials, services and sundry goods60/61 | €26k | €74k | €75k | €106k | ▲ 40.6% |
| Remuneration, social security and pensions62 | €10k | €25k | €12k | €8k | ▼ 36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1k | - |
| Other operating charges640/8 | - | - | €1k | €585 | ▼ 51.9% |
| Gross operating margin9900 | €9k | €35k | €48k | €30k | ▼ 37.7% |
| Operating profit (loss)9901 | €-748 | €10k | €35k | €21k | ▼ 41.2% |
| Financial charges65/66B | - | €75 | €528 | €153 | ▼ 71.0% |
| Recurring financial charges65 | - | €75 | €528 | €153 | ▼ 71.0% |
| Profit (loss) for the period before taxes9903 | €-748 | €10k | €35k | €21k | ▼ 40.7% |
| Income taxes67/77 | - | €2k | €7k | €5k | ▼ 34.3% |
| Profit (loss) for the period9904 | €-748 | €8k | €28k | €16k | ▼ 42.3% |
| Profit (loss) for the period to be appropriated9905 | €-748 | €8k | €28k | €16k | ▼ 42.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €33k | €60k | €120k | €113k | ▼ 5.3% |
| Fixed assets21/28 | - | - | - | €4k | - |
| Tangible fixed assets22/27 | - | - | - | €4k | - |
| Furniture and vehicles24 | - | - | - | €4k | - |
| Current assets29/58 | €33k | €60k | €120k | €109k | ▼ 8.9% |
| Stocks and contracts in progress3 | €3k | €4k | - | - | - |
| Stocks30/36 | €3k | €4k | - | - | - |
| Amounts receivable within one year40/41 | €12k | €12k | €37k | €40k | ▲ 7.8% |
| Trade receivables40 | €11k | €11k | €35k | €37k | ▲ 8.2% |
| Other amounts receivable41 | €783 | €972 | €3k | €3k | ▲ 2.5% |
| Current investments50/53 | - | - | - | €3k | - |
| Cash at bank and in hand54/58 | €19k | €44k | €83k | €66k | ▼ 20.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €33k | €60k | €120k | €113k | ▼ 5.3% |
| Equity10/15 | €6k | €14k | €42k | €58k | ▲ 38.3% |
| Contributions10/11 | €7k | €7k | €7k | €7k | = |
| Profit (loss) carried forward14 | €-748 | €7k | €35k | €51k | ▲ 46.0% |
| Amounts payable17/49 | €27k | €46k | €78k | €55k | ▼ 28.8% |
| Amounts payable within one year42/48 | €27k | €46k | €78k | €55k | ▼ 28.8% |
| Trade debts44 | €21k | €40k | €57k | €29k | ▼ 49.2% |
| Suppliers440/4 | €21k | €40k | €57k | €29k | ▼ 49.2% |
| Taxes, remuneration and social security45 | €3k | €4k | €16k | €22k | ▲ 36.6% |
| Taxes450/3 | €350 | €1k | €6k | €12k | ▲ 94.5% |
| Remuneration and social security454/9 | €3k | €3k | €10k | €10k | ▲ 0.7% |
| Other amounts payable47/48 | €3k | €3k | €4k | €4k | = |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-748 | €8k | €28k | €16k | ▼ 42.3% |
| + Depreciation and write-downs630 | - | - | - | €1k | - |
| Operating cash flow (approximation) | €-748 | €8k | €28k | €17k | ▼ 37.9% |
| Change in cash | - | €25k | €39k | €-17k | ▼ 143% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-08
State Gazette act
Registered office · MiscellaneousRegistered-office move1 fact ▸
State Gazette act
Registered office · Miscellaneous
Registered-office move1 fact ▸
- Registered-office move, Rue des Anciens Étangs 40, 1190 Forest
2025
12-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 73 days late
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 107 days late
2023
31-12
Financial
Highest result since 2021net €28k ▲257%
Operating result €35k, net result €28k, both a record.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2021
Ground area
2,025 m²
Building footprint
714 m²
Volume, LiDAR
5,307 m³
2 parcels, Brussels · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
223
companies at this address
See who is registered here
1 establishment unit
RDMD
since 20212.318.876.852
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
| 21562A0191/00V007 | Brussels | 130 m² | 1 · 32 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryRDMD SRL45487
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Of 2,475 companies in sector 47279 we hold annual accounts for 949. 786 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47279Other retail sale of food
47789Other retail sale of new goods
Scores and ratios are computed by Checked and are not a credit decision.