Active BE 0478.982.436Private limited company (pre-2019)

RT CHEM

Industriepark-Drongen 14 ·9031 Gent, Belgium· 23 yrs active

Sector: Logistieke diensten (52250)

Conclusion Checked

The KBO register records legal situation 050 for RT CHEM (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €518k and a net result of €260k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€518k
Net result	€260k
Staff (FTE)	1
Better than sector	57%

Financial profile 5 of 5 axes measured · computed by Checked

46 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 100

Solvency 47

Growth 58

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

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 2023 · computed

24 / 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 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 29-08-2024 with the NBB · fiscal year 2023 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 52 · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	26.0%	18.2%	better than 57% of 95 sector peers
Net result	€260k	€25k	better than 83% of 95 sector peers
Equity	€518k	€144k	better than 71% of 95 sector peers
Gross operating margin	€345k	€262k	better than 55% of 95 sector peers
Staff costs	€100k	€263k	higher than 24% of 58 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€245k

- 18-23

Net profit

€260k

- 18-23

Cash flow

€269k

- 18-23

Total assets

€1.99M

+62.9% 18-23

Equity

€518k

+100.6% 18-23

Working capital

€473k

+160.1% 18-23

Employees (FTE)

1

0.0% 18-23

Staff costs

€100k

+35.4% 18-23

Show 10 other metrics

Income taxes

€27k

- 18-23

Debt

€1.48M

+52.9% 18-23

Debt ≤ 1y

€1.48M

+54.6% 18-23

Current ratio

1.32

+10.9% 18-23

Quick ratio

1.32

+10.9% 18-23

Solvency

26.0%

+23.1% 18-23

Debt / equity

2.85

-23.8% 18-23

ROE

50.2%

- 18-23

ROA

13.0%

- 18-23

Interest coverage

23.71

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	verkort
Revenue	-
EBITDA	€245k
Net profit	€260k
Cash flow	€269k
Staff costs	€100k
Income taxes	-
Dividends	-
Total assets	€1.99M
Equity	€518k
Debt	€1.48M
of which ≤ 1y	€1.48M
of which > 1y	-
Working capital	€473k
Employees (FTE)	1.0

Ratios (computed)

	2023
Current ratio	1.32
Quick ratio	1.32
Working capital ratio	23.7%
Solvency	26.0%
Debt / equity	2.85
Long-term debt ratio	-
Interest coverage	23.71
Gross margin	-
Net margin	-
ROA	13.0%
ROE	50.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €45k · 2.3% Current assets €1.95M · 97.8%

Equity & liabilities

Equity €518k · 26.0% Debt €1.48M · 74.1%

Full annual accounts (22 line items)

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

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.99M
Fixed assets	21/28	€45k
Tangible fixed assets	22/27	€36k
Financial fixed assets	28	€9k
Current assets	29/58	€1.95M
Amounts receivable within one year	40/41	€1.65M
Cash & bank	54/58	€110k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.99M
Equity	10/15	€518k
Contributions / capital	10/11	€30k
Reserves	13	€228k
Accumulated profits (losses)	14	€260k
Amounts payable	17/49	€1.48M
Amounts payable within one year	42/48	€1.48M
Trade debts payable within one year	44	€1.45M
Income statement
Gross operating margin	9900	€345k
Operating result	9901	€236k
Financial income	75	€96
Financial charges	65	€10k
Result before taxes	9903	€260k
Net result for the period	9904	€260k
Result to be appropriated	9905	€260k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Logistieke diensten(52250)
Legal form	Private limited company (pre-2019)(015)
Incorporation	10-12-2002
Status	Active
Postal code	9031

Establishment units 1 location

RTCHEM

Industriepark-Drongen 14, 9031 GentVervoersbemiddeling

since 20032.114.764.009

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44017D0805/00W000	Flanders	1.2 ha	1 · 6,017 m²	17.9 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

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

2024

29-08-2024