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BELLE RIZ

Active
Public limited companyfounded 2019active for 6 yearsVergoteplein 19, 1200 Sint-Lambrechts-Woluwe, Belgium161 active companies are registered at this addressKBO/BCE: BE 0740.447.421
Summary

BELLE RIZ has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178,156 and a net result of €75,323. Equity is growing by about 73% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€75,323▼ 27.3%
2024 · €103,679
Working capital
-€2.5m▲ 3.0%
2024 · -€2.5m
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 2% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.08m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€0.4m-€0.1m€0.1m▲ 2.5%€0.1m▲ 0.8%€0.1m▲ 0.3%€0.1m▼ 1.9%
Net result-€0.4m-€0.1m€0.1m▲ 2.5%€0.1m▲ 0.8%€0.1m▼ 0.8%€0.08m▼ 27.3%
Equity-€0.3m--€0.2m▲ 32.6%-€0.1m▲ 49.6%-€0.001m▲ 99.2%€0.1m€0.2m▲ 73.2%
Total assets€3.0m-€3.0m▼ 0.3%€3.0m▼ 0.1%€3.0m▼ 0.1%€3.0m▼ 0.1%€3.0m▼ 0.2%
Debt€3.3m-€3.2m▼ 3.3%€3.1m▼ 3.4%€3.0m▼ 3.5%€2.9m▼ 3.6%€2.8m▼ 2.8%
Working capital-€2.9m--€2.8m▲ 3.4%-€2.7m▲ 3.7%-€2.6m▲ 3.8%-€2.5m▲ 3.9%-€2.5m▲ 3.0%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets €2.6m =
Current assets €352,824 ▼ 1.5%
Equity and liabilities €3.0m
Equity €178,156 ▲ 73.2%
Debt €2.8m ▼ 2.8%
Debt's share of the balance-sheet total falls from 96.6% to 94.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.13▲
2024 · 0.12
Debt to equity
15.74▼
2024 · 28.05
ROE
42.3%▼
2024 · 100.8%
ROA
2.5%▼
2024 · 3.5%
Debt ≤ 1 year
€2.8m▼
2024 · €2.9m
Income taxes
€27,419▲
2024 · €1,061
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
96.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,603 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.0m€3.0m▼
Fixed assets21/28€2.6m€2.6m=
Tangible fixed assets22/27€2.6m€2.6m=
Land and buildings22€2.6m€2.6m=
Current assets29/58€0.4m€0.4m▼
Cash at bank and in hand54/58€0.4m€0.3m▼
Deferred charges and accrued income490/1-€0.003m
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.0m▼
Equity10/15€0.1m€0.2m▲
Contributions10/11€0.1m€0.1m=
Capital10€0.1m€0.1m=
Issued capital100€0.1m€0.1m=
Profit (loss) carried forward14€0.003m€0.08m▲
Amounts payable17/49€2.9m€2.8m▼
Amounts payable within one year42/48€2.9m€2.8m▼
Trade debts44€0.001m-
Suppliers440/4€0.001m-
Taxes, remuneration and social security45€0.001m€0.03m▲
Taxes450/3€0.001m€0.03m▲
Other amounts payable47/48€2.9m€2.8m▼
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▲
Gross operating margin9900€0.1m€0.1m▼
Operating profit (loss)9901€0.1m€0.1m▼
Financial charges65/66B€79€68▼
Recurring financial charges65€79€68▼
Profit (loss) for the period before taxes9903€0.1m€0.1m▼
Income taxes67/77€0.001m€0.03m▲
Profit (loss) for the period9904€0.1m€0.08m▼
Profit (loss) for the period to be appropriated9905€0.1m€0.08m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.003m€0.08m▲
Profit (loss) brought forward from the previous period14P-€0.1m€0.003m▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€409,047------
Other operating charges640/8-€4,417€868€978€968€1,017▲ 5.1%
Gross operating margin9900€3,207€105,563€104,552€105,507€105,787€103,827▼ 1.9%
Operating profit (loss)9901-€410,024€101,146€103,684€104,528€104,819€102,810▼ 1.9%
Financial income75/76B--€16----
Recurring financial income75--€16----
Non-recurring financial income76B--€16----
Financial charges65/66B-€42€68€66€79€68▼ 14.3%
Recurring financial charges65€19€42€68€66€79€68▼ 14.3%
Profit (loss) for the period before taxes9903-€410,043€101,103€103,632€104,462€104,740€102,742▼ 1.9%
Income taxes67/77----€1,061€27,419▲ 26×
Profit (loss) for the period9904-€410,043€101,103€103,632€104,462€103,679€75,323▼ 27.3%
Profit (loss) for the period to be appropriated9905-€410,043€101,103€103,632€104,462€103,679€75,323▼ 27.3%
Line202020212022202320242025Change
Assets
Total assets20/58€3.0m€3.0m€3.0m€3.0m€3.0m€3.0m▼ 0.2%
Fixed assets21/28€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Tangible fixed assets22/27€2.6m€2.6m€2.6m€2.6m€2.6m€2.6m=
Land and buildings22-€2.6m€2.6m€2.6m€2.6m€2.6m=
Current assets29/58€0.4m€0.4m€0.4m€0.4m€0.4m€0.4m▼ 1.5%
Amounts receivable within one year40/41--€0.007m----
Other amounts receivable41--€0.007m----
Cash at bank and in hand54/58€0.4m€0.4m€0.4m€0.4m€0.4m€0.3m▼ 2.2%
Deferred charges and accrued income490/1--€0.003m--€0.003m-
Equity and liabilities
Total equity and liabilities10/49€3.0m€3.0m€3.0m€3.0m€3.0m€3.0m▼ 0.2%
Equity10/15-€0.3m-€0.2m-€0.1m-€0.001m€0.1m€0.2m▲ 73.2%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m=
Capital10-€0.1m€0.1m€0.1m€0.1m€0.1m=
Issued capital100-€0.1m€0.1m€0.1m€0.1m€0.1m=
Profit (loss) carried forward14-€0.4m-€0.3m-€0.2m-€0.1m€0.003m€0.08m▲ 28×
Amounts payable17/49€3.3m€3.2m€3.1m€3.0m€2.9m€2.8m▼ 2.8%
Amounts payable within one year42/48€3.3m€3.2m€3.1m€3.0m€2.9m€2.8m▼ 2.8%
Trade debts44€90---€0.001m--
Suppliers440/4----€0.001m--
Taxes, remuneration and social security45----€0.001m€0.03m▲ 26×
Taxes450/3----€0.001m€0.03m▲ 26×
Other amounts payable47/48-€3.2m€3.1m€3.0m€2.9m€2.8m▼ 3.7%
Line202020212022202320242025Change
Profit (loss) for the period9904-€410,043€101,103€103,632€104,462€103,679€75,323▼ 27.3%
+ Depreciation and write-downs630€409,047------
Operating cash flow (approximation)-€997€101,103€103,632€104,462€103,679€75,323▼ 27.3%
Investment in fixed assets (approximation)-€0€0€0€0€0-
Change in cash--€8,986-€14,286€6,927-€3,292-€8,045▼ 144%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 full format 21-05-2026 2026-00116646
31-12-2024 full format 03-07-2025 2025-00223519
31-12-2023 full format 23-07-2024 2024-00273049
31-12-2022 full format 01-08-2023 2023-00301003
31-12-2021 full format 02-08-2022 2022-20260032
31-12-2020 full format 28-10-2021 2021-73600524

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.