BÔ RIVAGE

Active

Public limited companyfounded 2010active for 15 yearsChaussée de France,NEU 25, 6840 Neufchâteau, BelgiumKBO/BCE: BE 0831.109.163

Summary

The computed 12-month bankruptcy probability of BÔ RIVAGE is 2.2% (moderate). The annual accounts of BÔ RIVAGE for financial year 2024 show a net loss of 73% of the equity at the start of that year. The 2024 annual accounts show equity of €130,832 and a net result of -€414,950. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 44% of 1,834 sector peers (NACE 55, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

BÔ RIVAGEActiveChecked score 51/100

Risk analysis Report Compare

Activity

Hotels and similar accommodation

NACE 55100

1 site

Size

€893,985total assets 2024

Equity: €130,832
Loss: -€414,950

Equity -77%: merger

Financial health

51 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 2.2%

Structure

Holdings: 1

2025 accounts not filed, 87 days past the deadline2 of 8 deeds summarised

Why 51raises riskLoss of €414,950 (financial year 2024)Figures for financial year 2024 (filed 02-10-2025)lowers riskSize: total assets €893,985Founded in 2010Show the evidence

Checked score

Score 2024

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 18% of its sector peers (NACE 55, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Weak

Solvency 40-60

equity 14.6% of total assets

Liquidity 18-30

short-term debt 78.1% · cash 8.2%

Profitability 0-91

return on assets -46.4%

Bankruptcy probability, 12 months

2.2% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (2,515 companies, NACE 55, micro)

Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025lowest value 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.2 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 1.1%▲ +0.3 percentage points vs 09-2025 11-2025: 1.4%▲ +0.3 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.3%▼ -0.1 percentage points vs 04-2026 06-2026: 1.4%▲ +0.1 percentage points vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.5 percentage points vs 07-2026 09-2026: 1.9%● unchanged vs 08-2026 10-2026: 2.2%▲ +0.3 percentage points vs 09-2026highest value

Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity insufficient (current ratio 0.3, compared with 0.75 in 2023, below 1; short-term debt: 78.1% and cash: 8.2% of total assets), and 85.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 55, micro): better than 43% on solvency, 17% on liquidity, 5% on profitability and 8% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises risk

Loss of €414,950 (financial year 2024)

NBB · annual accounts

Size: total assets €893,985

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2024 (filed 02-10-2025)

NBB · annual accounts

Founded in 2010

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 61 days late

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

61 days late

2023

89 days late

2022

80 days early

2021

92 days late

2020

88 days late

2019

91 days 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 57 days after the deadline; the sector median (NACE 55) for financial year 2024 is 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-09-2025 Annual accounts filedfinancial year 2024 · micro…
31-12-2024 Weakest financial yearnet -€414,950
28-10-2024 Annual accounts filedfinancial year 2023 · full…

Key points

Caution: From profit to loss in 2024after €121,939 in 2023 -€414,950 View
Caution: Among the weakest 5% on net resultsector median €1,751 · 1,834 companies -€414,950 View
Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Merger with LIPARmerger on 21-05-2024 2024 View

By topic

Financials

Financial year: 2024
Total assets: €893,985
Loss: -€414,950
Solvency: 14.6%

Total assets▲ 29.3%

Net result

20182024

Go to Financials

Network & group

Subsidiaries: 1
Mergers and asset contributions: 1

1 subsidiary

Go to Network & group

Timeline

Events: 20
Since: 2012

21-05-2024Capital & shares · Amendment of the…
18-03-2024Restructuring
31-12-2023Equity above €500,000

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Hotels and similar accommodationNACE 55100
Founded: 16-11-2010
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 43

Annual meeting: 30 June at 10:00
Purpose: “L'étude,la construction,l'achat,la vente,la location,l'exploitation,l'aménagement et le…” (deed in French)

Go to Articles of association

Key facts about BÔ RIVAGE

What is the company number of BÔ RIVAGE?: 0831.109.163. In Belgium the VAT number is the company number with BE in front: BE 0831.109.163.
Where is BÔ RIVAGE based?: The registered office is at Chaussée de France,NEU 25, 6840 Neufchâteau.Company details
What does BÔ RIVAGE do?: According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of BÔ RIVAGE?: Public limited company (NV).
When was BÔ RIVAGE founded?: On 16-11-2010.
Is BÔ RIVAGE still active?: Yes, BÔ RIVAGE is an active enterprise in the KBO register.
How many employees does BÔ RIVAGE have?: On average 3.4 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of BÔ RIVAGE?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is BÔ RIVAGE profitable?: In financial year 2024, BÔ RIVAGE made a loss of €414,950.
Where can I find the annual accounts of BÔ RIVAGE?: BÔ RIVAGE filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.