Active BE 0536.437.219Private limited company

RM DEVELOPPEMENT

Rue du Gosson 95 ·4101 Seraing, Belgium· 13 yrs active

Sector: Ontwikkeling van residentiële bouwprojecten (68121)

Conclusion Checked

RM DEVELOPPEMENT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288k and a net result of €-98k. The computed 12-month bankruptcy probability is 0.3% (very low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€288k
Net result	€-98k
Active	13 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 5

Profitability 0

Solvency 9

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2013, 13 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2025 · computed

5 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview12 NBB filings

Annual accounts filed on 24-08-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

EBITDA

€-26k

-12.0% 24-25

Net profit

€-98k

-53.5% 24-25

Cash flow

€-64k

-37.0% 24-25

Total assets

€2.04M

+194.7% 24-25

Equity

€288k

- 24-25

Working capital

€-900k

-154.2% 24-25

Debt

€1.76M

+119.0% 24-25

Debt ≤ 1y

€1.29M

+236.5% 24-25

Show 8 other metrics

Debt > 1y

€456k

+8.6% 24-25

Current ratio

0.30

+304.7% 24-25

Quick ratio

0.09

+18.8% 24-25

Solvency

14.1%

- 24-25

Debt / equity

6.10

- 24-25

ROE

-34.0%

- 24-25

ROA

-4.8%

+47.9% 24-25

Interest coverage

-0.68

+29.2% 24-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€-26k
Net profit	€-98k
Cash flow	€-64k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€2.04M
Equity	€288k
Debt	€1.76M
of which ≤ 1y	€1.29M
of which > 1y	€456k
Working capital	€-900k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.30
Quick ratio	0.09
Working capital ratio	-44.0%
Solvency	14.1%
Debt / equity	6.10
Long-term debt ratio	1.58
Interest coverage	-0.68
Gross margin	-
Net margin	-
ROA	-4.8%
ROE	-34.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €1.66M · 81.1% Current assets €387k · 18.9%

Equity & liabilities

Equity €288k · 14.1% Debt €1.76M · 85.9%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.04M
Fixed assets	21/28	€1.66M
Tangible fixed assets	22/27	€1.66M
Current assets	29/58	€387k
Stocks & contracts in progress	3	€273k
Amounts receivable within one year	40/41	€106k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.04M
Equity	10/15	€288k
Contributions / capital	10/11	€76k
Accumulated profits (losses)	14	€-282k
Amounts payable	17/49	€1.76M
Amounts payable after one year	17	€456k
Amounts payable within one year	42/48	€1.29M
Trade debts payable within one year	44	€94k
Income statement
Gross operating margin	9900	€67k
Operating result	9901	€-60k
Financial income	75	€6
Financial charges	65	€38k
Result before taxes	9903	€-98k
Net result for the period	9904	€-98k
Result to be appropriated	9905	€-98k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Ontwikkeling van residentiële bouwprojecten(68121)
Legal form	Private limited company(610)
Incorporation	04-07-2013
Status	Active
Postal code	4101

Establishment units 1 location

Rue des Brasseurs 1, 4500 Huy

Ontwikkeling van residentiële bouwprojecten

since 20132.232.619.009

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62805B0418/00F000	Wallonia	858 m²	1 · 383 m²	36.2 m · 12 fl.
61031C0197/00B000 ProtectedSite or landscape	Wallonia	84 m²	1 · 46 m²	13.5 m · 4 fl.

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.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

24-08-2026