Equity
-€116,303
Debts exceed assets in financial year 2025.
BK RIVE
Lifetime
8 annual accounts with figures on one time axispeak €1.4m (2018)
€504,974▼ 27.7%
lowest -€122,974 (2020)
-€82,128▼ €72,287
peak €179,016 (2019)
-€116,303▼ €82,128
€541,803▼ 21.7%
peak 20.6 FTE (2018)
9 FTE▼ 37.5%
Board1 name since 2017
-
Owners
Documentsfilings and deeds
29-06-202632 days before the deadline
2025abbreviated format
Gross margin from €698,710 to €504,974Loss of €82,128Staff from 14.4 FTE to 9 FTEChange of role: VERMEULEN ALAIN MANAGEMENT SERVICE, from mana… 25-09Equity from -€34,175 to -€116,303Debts from €692,245 to €541,803
Key points
from the 2025 annual accountsLosses
-€207,513 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€541,803 127% of the balance sheet
Financial debts 25%Suppliers 25%Taxes and wages 10%Other 41%
Of this, €404,492 falls due within a year.
Staff
9 FTE from 20.6 in 2018
Between 2018 and 2025, 56% of the full-time equivalents disappeared.
Filings
8 annual accounts since 2018
The last five annual accounts were filed 6 to 33 days before the end of the period.
Position in the sector
-€82,128
Lower net result than 93% of companies in food and beverage service. Sector median €10,278 · 4,838 companies.
Checked score
47
Fair
Financially stronger than 23% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.6%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.2 percentage points vs 06-2025
08-2025: 1.5%▼ -0.3 percentage points vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.5%● unchanged vs 11-2025
01-2026: 1.4%▼ -0.1 percentage points vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.3%▼ -0.1 percentage points vs 03-2026
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026lowest value
07-2026: 3.9%▲ +2.6 percentage points vs 06-2026highest value
08-2026: 3.9%● unchanged vs 07-2026
09-2026: 3.9%● unchanged vs 08-2026
10-2026: 3.9%● unchanged vs 09-2026
11-2026: 3.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€116,303
Loss of €82,128, the second in a row (financial year 2025)
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 0.95, cash €288,569
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 56, micro). It does better than 9% of them on solvency, 49% on liquidity, 32% on profitability and 3% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,008 companies had the same profile as BK RIVE has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BK RIVE itself: 3.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for BK RIVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.95 (1.12 in 2024), below 1. Short-term debt is 95.1% and cash 67.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€116,303
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 29-06-2026, 32 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
32 days early
2024
29 days early
2023
6 days early
2022
25 days early
2021
33 days early
2020
33 days early
2019
4 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 23 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 2 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
last known board- VERMEULEN ALAIN MANAGEMENT SERVICE 20%score 54equity €101,822 (2025) · 2025 annual accounts of VERMEULEN ALAIN MANAGEMENT SERVICE
Recent changes
Change of role: VERMEULEN ALAIN MANAGEMENT SERVICE, from manager to director
Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0673746063
Registered office moved within Charleroi
New registered office: Place Verte 20 bte 82, 6000 CHARLEROI (BELGIQUE) · Previous registered office: Place Verte 20 Cellule 214 à 6000 CHARLEROI · General meeting of 06-01-2020 · Gazette deed
Incorporation
published on 13-04-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BK RIVE Charleroi | €425,500 | €504,974 | -27.3% | 9 |
| LE LUXEMBOURG Charleroi | €409,678 | €574,522 | 16.0% | 8.8 |
| A.T.B.D.M. Thuin | €473,664 | €500,168 | -44.8% | 8.5 |
| DIM DINING Antwerp | €415,065 | €523,731 | 85.8% | 8.9 |
| DRY XL Ixelles | €394,274 | €433,205 | 52.7% | 9 |
| B' ARDAN Heusden-Zolder | €501,596 | €540,677 | 38.5% | 8.4 |
| TOMATTO Tessenderlo-Ham | €401,825 | €465,045 | 56.8% | 8.1 |
These companies have the same main activity as BK RIVE: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €394,000 and €502,000, founded between 2015 and 2018.
Official details
Source: KBO- Status
- Active since 31-03-2017Normal situation
- Registered office
- 96 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Joint committee
- 302Hotels and catering · annual accounts 2025
- Establishment unit
- 2.263.742.5476000 Charleroi, since 31-03-2017
- Financial year end
- 31 December
- Peppol
- Reachable since 05-05-2025
Annual accounts 2025
- ≈ €1.2mestimated
- €425,500▼ 35.3%
- Employeeson 31-12-2025
- 12▼ 52.0%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on BK RIVE
BK RIVE files the abbreviated format. That format states no turnover. The gross margin fell from €1.4m in 2018 to €504,974 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BK RIVE
- What is the company number of BK RIVE?
- The company number of BK RIVE is 0673.746.063. The VAT number is the same number with BE in front: BE 0673.746.063.
- Where is BK RIVE based?
- The registered office is at Place Verte 20, 6000 Charleroi.Company details
- What does BK RIVE do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of BK RIVE?
- BK RIVE is a private limited company (BV).
- When was BK RIVE founded?
- BK RIVE was founded on 31-03-2017.
- Is BK RIVE still active?
- Yes, BK RIVE is an active enterprise in the KBO register.
- How many employees does BK RIVE have?
- BK RIVE had an average of 9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BK RIVE fall under?
- In its 2025 annual accounts, BK RIVE states joint committee 302 (Hotels and catering).
- What is the turnover of BK RIVE?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €504,974 and 41 comparable companies (NACE 56111). It probably lies between €1.1m and €1.7m.
- Is BK RIVE profitable?
- In financial year 2025, BK RIVE made a loss of €82,128.
- Where can I find the annual accounts of BK RIVE?
- BK RIVE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BK RIVE due?
- BK RIVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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