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BELRIVE

Active
Public limited companyfounded 2012active for 13 yearsRue du Chéra 30, 4000 Liège, BelgiumKBO/BCE: BE 0508.663.941
Summary

BELRIVE has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €543,525 and a net result of -€17,377. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 79% of 49 sector peers (NACE 30, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-12-2012 Normal situation
Activity
Manufacture of other transport equipment NACE 30110and 5 others
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 2025
Establishment unit
2.215.200.579 4000 Liège, since 21-12-2012
Financial year end
31 December
Peppol
Reachable since 25-03-2026

Board and ownership

Board
Holdings
Shares in 1 company DOCK MARINE DEUTSCHLAND GMBH

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€229,810
▼ 24.8%
Turnover
≈ €580,000
estimated
Loss
€17,377
Equity
€543,525
▼ 3.1%
Total assets
€789,190
▲ 3.4%
Employees on 31-12-2025
3
=
Score breakdownraises riskLoss of €17,377 (financial year 2025)lowers riskLiquidity: current ratio 3.01, cash €294,513Equity €543,525 (68.9% of total assets)Figures for financial year 2025 (filed on 08-07-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 59% of micro companies in other transport equipment (NACE 30)
Financial strength · tick: 2024
Strong
Solvency 94-5
equity 68.9% of total assets
Liquidity 84+3
short-term debt 30.6% · cash 37.3%
Profitability 16-61
return on assets -2.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (140 companies, NACE 30, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.01 (3.62 in 2024), above the usual 1.5. Short-term debt is 30.6% and cash 37.3% of total assets. 31.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 30, micro). It does better than 76% of them on solvency, 87% on liquidity, 33% on profitability and 42% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 3.01, cash €294,513
NBB · annual accounts
lowers risk · Equity €543,525 (68.9% of total assets)
NBB · annual accounts
raises risk · Loss of €17,377 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 days early
2024
2 days early
2023
6 days early
2022
32 days early
2021
31 days late
2020
97 days early
2019
17 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 30), the median for financial year 2024 was 16 days before the deadline, and 30% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €51,721 in 2024 -€17,377 View
  • Positive: 10th oldest company in the province of Liège, Other transport equipment sectorin the Checked rankings No. 10 View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Miscellaneous
  2. · Gazette deed Appointments: Alexandre de VITS (managing director) and Muriel ALDENHOFF (director)
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as BELRIVE: manufacture of other transport equipment (NACE 30110). They are comparable in size and age: total assets between €109,000 and €1.2m, founded between 2009 and 2023.

CompanyTotal assetsGross margin
BELRIVE Liège€0.8m€0.2m
DESIGN4DREDGERS Gent€1.2m€0.3m
VAN HOOREWEDER HUBERT Beernem€0.8m€0.2m
POPEL Essen€0.8m€0.3m
BoBat Aalst€0.4m€0.2m
Vanwelden Shipyard Brugge€0.4m€0.5m
LC PEINTRE NAVAL Namur€0.1m€0.008m
Full comparison

Key facts about BELRIVE

What is the company number of BELRIVE?
The company number of BELRIVE is 0508.663.941. The VAT number is the same number with BE in front: BE 0508.663.941.
Where is BELRIVE based?
The registered office is at Rue du Chéra 30, 4000 Liège.Company details
What does BELRIVE do?
According to the KBO register, the main activity is manufacture of other transport equipment (NACE 30110).
What is the legal form of BELRIVE?
The legal form of BELRIVE is Public limited company (NV).
When was BELRIVE founded?
BELRIVE was founded on 21-12-2012.
Is BELRIVE still active?
Yes, BELRIVE is an active enterprise in the KBO register.
How many employees does BELRIVE have?
BELRIVE had an average of 3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BELRIVE fall under?
In its 2025 annual accounts, BELRIVE states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 100 (Aanvullend Paritair Comité voor de werklieden).
What is the turnover of BELRIVE?
The turnover in financial year 2025 is ≈ €580,000. This figure is estimated from the gross margin of €229,810 and 1,648 comparable companies of the same size. It probably lies between €360,000 and €1.1m. It is a rough estimate.
Is BELRIVE profitable?
In financial year 2025, BELRIVE made a loss of €17,377.
Where can I find the annual accounts of BELRIVE?
BELRIVE filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BELRIVE due?
BELRIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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