2RIVERS
The computed 12-month bankruptcy probability of 2RIVERS is 0.5% (very low). The 2024 annual accounts show equity of €870k and a net result of €405k. Equity is growing by ~81.4% per year across the filed fiscal years. Its solvency ranks better than 47% of 960 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €870k |
| Net result | €405k |
| Staff (FTE) | 14 |
| Better than sector | 47% |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 24.9% | 27.4% | |
| Net result | €405k | €24k | |
| Equity | €870k | €171k | |
| Gross operating margin | €2.26M | €175k | |
| Staff costs | €1.25M | €166k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €1.01M |
| Net profit | €405k |
| Cash flow | €988k |
| Staff costs | €1.25M |
| Income taxes | €900 |
| Dividends | - |
| Total assets | €3.49M |
| Equity | €870k |
| Debt | €2.62M |
| of which ≤ 1y | €1.93M |
| of which > 1y | - |
| Working capital | €663k |
| Employees (FTE) | 14.0 |
| 2024 | |
|---|---|
| Current ratio | 1.34 |
| Quick ratio | 1.34 |
| Working capital ratio | 19.0% |
| Solvency | 24.9% |
| Debt / equity | 3.01 |
| Long-term debt ratio | - |
| Interest coverage | 43.44 |
| Gross margin | - |
| Net margin | - |
| ROA | 11.6% |
| ROE | 46.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.49M |
| Fixed assets | 21/28 | €900k |
| Intangible fixed assets | 21 | €875k |
| Tangible fixed assets | 22/27 | €20k |
| Financial fixed assets | 28 | €5k |
| Current assets | 29/58 | €2.59M |
| Amounts receivable within one year | 40/41 | €2.39M |
| Investments | 50/53 | €21 |
| Cash & bank | 54/58 | €117k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.49M |
| Equity | 10/15 | €870k |
| Contributions / capital | 10/11 | €1.42M |
| Accumulated profits (losses) | 14 | €-550k |
| Amounts payable | 17/49 | €2.62M |
| Amounts payable within one year | 42/48 | €1.93M |
| Trade debts payable within one year | 44 | €146k |
| Income statement | ||
| Gross operating margin | 9900 | €2.26M |
| Operating result | 9901 | €426k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €23k |
| Result before taxes | 9903 | €406k |
| Income taxes | 67/77 | €900 |
| Net result for the period | 9904 | €405k |
| Result to be appropriated | 9905 | €405k |
| NACE primary | Wholesale trade(46500) |
| Legal form | Public limited company(014) |
| Incorporation | 29-04-2011 |
| Status | Active |
| Postal code | 9000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44806F0399/00H000 | Flanders | 2,277 m² | 1 · 281 m² | 17.8 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-02-2025 1 director appointed, 1 resigning
- Kristín Magnúsdóttir, Bestuurder
- Mads Dvoracek, Bestuurder
Technical details
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}27-05-2022 All shares are now held by a single shareholder
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | 2RIVERS |