DANCING RIO
Open bankruptcyA bankruptcy procedure is open for DANCING RIO according to publications in the Belgian State Gazette; curator: LIESBET JACOBS.
Summary
The 2025 annual accounts show negative equity (€-118k) and a net result of €-16k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 €-118k
neutral · Filed after the deadline
The financial year that closed on 25-03-2025 was due by 25-10-2025 and was filed on 29-10-2025, 4 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
4 d late
2024
55 d early
2023
1 d early
2022
9 d late
2021
60 d early
2020
4 d early
2019
41 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€-118k▼ 15.7%
2024 · €-102k
2018: €134k
2019: €18k
2020: €693
2021: €18k
2022: €-10k
2023: €-87k
2024: €-102k
2018 → 2025
Total assets
€106k▼ 17.3%
2024 · €128k
2018: €397k
2019: €253k
2020: €250k
2021: €312k
2022: €313k
2023: €161k
2024: €128k
2018 → 2025
Net result
€-16k▼ 2.2%
2024 · €-16k
2018: €-233
2019: €-116k
2020: €-17k
2021: €18k
2022: €-28k
2023: €-89k
2024: €-16k
2018 → 2025
Working capital
€-118k▼ 25.0%
2024 · €-94k
2018: €99k
2019: €-4k
2020: €-20k
2021: €-638
2022: €-24k
2023: €-98k
2024: €-94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€-10k€-87k▼ 770%€-102k▼ 17.8%€-118k▼ 15.7%
Operating result€21k-€-27k€-87k▼ 228%€-15k▲ 83.2%€-16k▼ 7.6%
Net result€18k-€-28k€-89k▼ 212%€-16k▲ 82.4%€-16k▼ 2.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €15k in 2024; the loss grows.
Key figures and ratios
Solvency
-111.1%▼
2024 · -79.4%
Current ratio
0.47▼
2024 · 0.58
Debt to equity
-1.90▲
2024 · -2.26
ROA
-15.1%▼
2024 · -12.2%
Debt
€224k▼
2024 · €231k
Debt ≤ 1 year
€224k▲
2024 · €223k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€128k€106k▼
Current assets29/58€128k€106k▼
Amounts receivable within one year40/41€86k€86k▲
Other amounts receivable41€86k€86k▲
Cash at bank and in hand54/58€82€20k▲
Deferred charges and accrued income490/1€43k-
Equity and liabilities
Total equity and liabilities10/49€128k€106k▼
Equity10/15€-102k€-118k▼
Contributions10/11€348k€348k=
Capital10€348k€348k=
Issued capital100€348k€348k=
Reserves13€79k€79k=
Non-distributable reserves130/1€35k€35k=
Legal reserve130€35k€35k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€-529k€-545k▼
Amounts payable17/49€231k€224k▼
Amounts payable within one year42/48€223k€224k▲
Trade debts44€62€2k▲
Suppliers440/4€62€2k▲
Other amounts payable47/48€223k€223k=
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Remuneration, social security and pensions62€49k-
Other operating charges640/8€2k€198▼
Non-recurring operating charges66A€7k-
Gross operating margin9900€43k€-16k▼
Operating profit (loss)9901€-15k€-16k▼
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€1k€235▼
Recurring financial charges65€1k€235▼
Profit (loss) for the period before taxes9903€-16k€-16k▼
Profit (loss) for the period9904€-16k€-16k▼
Profit (loss) for the period to be appropriated9905€-16k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-529k€-545k▼
Profit (loss) brought forward from the previous period14P€-514k€-529k▼
Social balance
Average headcount (FTE)908714.9-
Timeline · acts, filings and financial milestones
2026
24-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · DANCING RIO NV IN VEREF- FENING STATIONSSTRAAT 6, 2860 SINT-KATELIJNE-WAVER · event 20-04-2026
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
01-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after 3 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 41 days late
2019
31-12
Financial
Weakest financial yearnet €-116k
Net result drops to €-116k, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver
Ground area
510 m²
Building footprint
517 m²
Volume, LiDAR
3,460 m³
Parcel 12035A0505/00Y000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035A0505/00Y000 | Flanders | 510 m² | 1 · 517 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIESBET JACOBS GROENE LAAN 47, 2830 WILLE-
BROEK |
20-04-2026 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 9,149 EUR awarded · 9,149 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 9,149 EUR | 9,149 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1986
Fiscal year end25-03
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.