Financials
- Fiscal year
- 2024
- Total assets
- €226,037
- Profit
- €25,553
- Solvency
- 22.3%
Total assets▲ 2.1%
Net result
20182024
Bartel Van Riet
ActiveSummary
The computed 12-month bankruptcy probability of Bartel Van Riet is 10.4% (high). The 2024 annual accounts show equity of €50,380 and a net result of €25,553. Equity is shrinking by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 5895 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Landscape service activities
NACE 81300
1 site
Size
€226,037total assets 2024
- Equity
- €50,380
- Profit
- €25,553
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 4 deeds read
Why 33- 1 change of registered office in 24 months- Figures for FY 2024 (filed 08-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 late- Liquidity: current ratio 1.38, cash €295, halvedShow the evidence
Checked score
Score 2024
33
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 56% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
47+11
equity 22.3% of total assets
Liquidity
45+1
short-term debt 17.8% · cash 0.1%
Profitability
83+30
return on assets 11.3%
Bankruptcy probability, 12 months
10.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 9.0%
11-2025: 5.8%▼ -35.5% vs 10-2025lowest value
12-2025: 5.8%● 0.0% vs 11-2025lowest value
01-2026: 5.8%● 0.0% vs 12-2025lowest value
02-2026: 5.8%● 0.0% vs 01-2026lowest value
03-2026: 5.8%● 0.0% vs 02-2026lowest value
04-2026: 6.0%▲ +3.6% vs 03-2026
05-2026: 6.3%▲ +4.8% vs 04-2026
06-2026: 6.1%▼ -2.9% vs 05-2026
07-2026: 5.9%▼ -4.4% vs 06-2026
08-2026: 6.6%▲ +13.1% vs 07-2026
09-2026: 7.8%▲ +17.2% vs 08-2026
10-2026: 10.4%▲ +33.4% vs 09-2026highest value
- 1 change of registered office in 24 months raises the probability
- Figures for FY 2024 (filed 08-10-2025) raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 1.38, cash €295, halved raises the probability
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.38 against 0.84 in 2023; short-term debt: 17.8% and cash: 0.1% of total assets), and 77.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 81, micro). Better than this share of them on solvency 29%, liquidity 40%, profitability 64%, growth against the median 90%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €50,380
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
61 d late
2022
60 d late
2021
31 d late
2020
88 d late
2019
92 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €25,553
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 13
- Since
- 2016
- 08-10-2025Annual accounts filed
- 31-12-2024Back to profit
- 30-09-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Landscape service activitiesNACE 81300
- Founded
- 11-10-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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