Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of RUMILO is 1.2% (low). The 2024 annual accounts show negative equity (€-361k) and a net result of €-360k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 4 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.2%
Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered
+Lower-risk legal form
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 24 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-07-2025, 17 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 14-07-2025 | 17 d early | 2025-00280940 |
| 31-12-2023 | 31-07-2024 | 12-07-2024 | 19 d early | 2024-00245152 |
| 31-12-2022 | 31-07-2023 | 05-07-2023 | 26 d early | 2023-00215439 |
| 31-12-2021 | 31-07-2022 | 08-07-2022 | 23 d early | 2022-20176144 |
| 31-12-2020 | 31-07-2021 | 12-07-2021 | 19 d early | 2021-34100321 |
| 31-12-2019 | 31-07-2020 | 09-07-2020 | 22 d early | 2020-28900294 |
| 31-12-2018 | 31-07-2019 | 11-07-2019 | 20 d early | 2019-32100420 |
| 31-12-2017 | 31-07-2018 | 06-07-2018 | 25 d early | 2018-29100235 |
| 31-12-2016 | 31-07-2017 | 27-07-2017 | 4 d early | 2017-36000186 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2016, 10 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 Flags
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.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-360k-237.9%
Working capital€62.09M+22.4%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 14-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile
Too volatile to project: the yearly deviation from the trend is ~135% of the level (threshold 35%). We therefore deliberately show no projection line.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€-360k
-237.9%
18-24
€62.09M
+22.4%
18-24
€-361k
-39317.3%
18-24
€62.09M
+22.4%
18-24
€110
-
18-24
€62.45M
+23.1%
18-24
€2k
-83.5%
18-24
€62.45M
+23.1%
18-24
Show 6 other metrics
37309.78
+642.1%
18-24
37309.78
+642.1%
18-24
-0.6%
-32107.5%
18-24
-172.94
+99.7%
18-24
99.7%
-99.1%
18-24
-0.6%
-176.1%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €-360k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €62.09M |
| Equity | €-361k |
| Debt | €62.45M |
| of which ≤ 1y | €2k |
| of which > 1y | €62.45M |
| Working capital | €62.09M |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 37309.78 |
| Quick ratio | 37309.78 |
| Working capital ratio | 100.0% |
| Solvency | -0.6% |
| Debt / equity | -172.94 |
| Long-term debt ratio | -172.93 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -0.6% |
| ROE | 99.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €62.09M |
| Fixed assets | 21/28 | €1k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €62.09M |
| Cash & bank | 54/58 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €62.09M |
| Equity | 10/15 | €-361k |
| Contributions / capital | 10/11 | €63k |
| Reserves | 13 | €3k |
| Accumulated profits (losses) | 14 | €-427k |
| Amounts payable | 17/49 | €62.45M |
| Amounts payable after one year | 17 | €62.45M |
| Amounts payable within one year | 42/48 | €2k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-7k |
| Operating result | 9901 | €-8k |
| Financial income | 75 | €3.89M |
| Financial charges | 65 | €4.25M |
| Result before taxes | 9903 | €-360k |
| Net result for the period | 9904 | €-360k |
| Result to be appropriated | 9905 | €-360k |
This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed47
/ 100
Fair
Computed from 4 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 2024. Indicative, not credit advice.
Directors
Directors & mandates
5 directorsCurrent directors & mandates
-
Current05-08-2019 → present
4 events
- 05-12-2025 Mandate renewed· Director
- 05-12-2025 Mandate renewed· Managing director
- 05-08-2019 Appointed· Director
- 05-08-2019 Appointed· Managing director
-
Current05-08-2019 → present
4 events
- 05-12-2025 Mandate renewed· Director
- 05-12-2025 Mandate renewed· Managing director
- 05-08-2019 Appointed· Director
- 05-08-2019 Appointed· Managing director
Former directors (3)
-
Former- → 05-08-2019
-
Former- → 05-08-2019
-
Former- → 05-08-2019
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
2 auditors| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Deloitte Bedrijfsrevisoren/Réviseurs d’Entreprises Statutory auditor · represented by Rik NECKEBROECK |
- | - → 06-12-2018 |
Show 1 earlier auditors
| KPMG Réviseurs d'Entreprises Statutory auditor · represented by Joachim HOEBEECK |
- | 06-12-2018 → 06-12-2018 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 22-02-2016 |
| Status | Active |
| Postal code | 8900 |
Structure & network
Connections & network
1 connected companyLinked via shared directors
viaGheysens Paul · Permanent representative
former→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Zwaanhofweg 108900 IeperEstablishment units
1 locationRUMILO
since 20162.252.052.265
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area5,629 m²
Buildings1
Building footprint1,997 m²
Volume (LiDAR)14,036 m³
Tallest building8.9 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 33305B1021/00D002 | Flanders | 5,629 m² | 1 · 1,997 m² | 8.8 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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
6 acts All acts · 6
updated 3 months ago
2026
05-05-2026 General meeting · Auditor mandate · Mandate term · Permanent representative
- Filing: 2026-04-22 · Rumilo NV
- Publication: 2026-05-05 · Rumilo NV
- General meeting: 2025-12-23 · Rumilo NV
- Auditor mandate: start: 2025-12-23, term_years: 3 · Rumilo NV
- Mandate term: end_condition: na de algemene vergadering die gehouden wordt om te beraadslagen over de rekeningen van het boekjaar 2027 · KPMG Bedrijfsrevisoren BV/SRL
- Permanent representative: role: bedrijfsrevisor, until: 2025-10-20 · KPMG Bedrijfsrevisoren BV/SRL
- Permanent representative: from: 2025-10-20, role: bedrijfsrevisor · KPMG Bedrijfsrevisoren BV/SRL
- Act object: Benoeming commissaris
Summary:
General meeting · Auditor mandate · Mandate term · Permanent representative
2025
05-12-2025 4 reappointed
- Vandoorne Ria, Bestuurder
- Vandoorne Ria, Gedelegeerd bestuurder
- Gheysens Paul, Bestuurder
- Gheysens Paul, Gedelegeerd bestuurder
Summary:
v3.2
2021
20-01-2021 Change in the board of directors
Summary:
v3.2
2019
29-08-2019 4 directors appointed, 3 resigning
- Vandoorne Ria, Bestuurder
- Vandoorne Ria, Gedelegeerd bestuurder
- Paul Gheysens, Bestuurder
- Paul Gheysens, Gedelegeerd bestuurder
- Paul Gheysens, Bestuurder
- Simon Gheysens, Bestuurder
- Michael Gheysens, Bestuurder
Summary:
v3.2
2018
06-12-2018 1 director appointed, 1 resigning
2016
24-02-2016 Incorporation of a new NV
Summary:
oprichting
Analysis
Financial profile
5 of 5 axes measured69
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
47
Profitability
100
Solvency
67
Growth
32
Stability
100
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameNL | RUMILO |
Registered office
Zwaanhofweg 10
8900 Ieper, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.