DE RIDDER
InactiveDE RIDDER was declared bankrupt on 11-06-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 01-04-2025, published in the Belgian State Gazette on 08-04-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 17-07-2023, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
14 d early
2021
12 d late
2020
16 d early
2019
21 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 1 day after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
€81,290▼ 7.3%
2021 · €87,718
Total assets
€292,095▼ 1.7%
2021 · €297,151
Net result
-€6,428▲ 86.8%
2021 · -€48,689
Working capital
€34,780▼ 9.1%
2021 · €38,282
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€9,159-€6,922▼ 24.4%€1,750▼ 74.7%-€4,840-€2,695▲ 44.3%
Net result€6,760-€3,408▼ 49.6%€14,775▲ 334%-€48,689-€6,428▲ 86.8%
Equity€118,224-€121,632▲ 2.9%€136,407▲ 12.1%€87,718▼ 35.7%€81,290▼ 7.3%
Total assets€286,111-€277,583▼ 3.0%€296,497▲ 6.8%€297,151▲ 0.2%€292,095▼ 1.7%
Debt€167,887-€155,951▼ 7.1%€160,089▲ 2.7%€209,433▲ 30.8%€210,805▲ 0.7%
Working capital€201,650-€201,024▼ 0.3%€211,072▲ 5.0%€38,282▼ 81.9%€34,780▼ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,695 in 2022 against €4,840 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €292,095
Fixed assets
€46,510 ▼ 5.9%
Current assets
€245,585 ▼ 0.9%
Equity and liabilities €292,095
Equity
€81,290 ▼ 7.3%
Debt
€210,805 ▲ 0.7%
Debt's share of the balance-sheet total rises from 70.5% to 72.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€231▲
2021 · -€1,913
Cash flow
-€3,501▲
2021 · -€45,762
Current ratio
1.16▼
2021 · 1.18
Debt to equity
2.59▲
2021 · 2.39
ROE
-7.9%▲
2021 · -55.5%
ROA
-2.2%▲
2021 · -16.4%
Interest coverage
0.06▲
2021 · -0.03
Debt ≤ 1 year
€210,805▲
2021 · €209,433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,941 | €2,941 | €2,941 | €2,927 | €2,927 | = |
| Gross operating margin9900 | €12,100 | €9,863 | €9,688 | -€1,913 | €231 | ▲ 112% |
| Operating profit (loss)9901 | €9,159 | €6,922 | €1,750 | -€4,840 | -€2,695 | ▲ 44.3% |
| Financial income75/76B | - | - | - | €12,498 | €0 | ▼ 100.0% |
| Recurring financial income75 | €14,943 | €13,615 | €16,301 | €12,498 | €0 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €56,347 | €3,733 | ▼ 93.4% |
| Recurring financial charges65 | €15,427 | €15,875 | €1,061 | €56,347 | €3,733 | ▼ 93.4% |
| Profit (loss) for the period before taxes9903 | €8,675 | €4,662 | €16,991 | -€48,689 | -€6,428 | ▲ 86.8% |
| Income taxes67/77 | €1,915 | €1,254 | €2,216 | - | - | - |
| Profit (loss) for the period9904 | €6,760 | €3,408 | €14,775 | -€48,689 | -€6,428 | ▲ 86.8% |
| Profit (loss) for the period to be appropriated9905 | €6,760 | €3,408 | €14,775 | -€48,689 | -€6,428 | ▲ 86.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €286,111 | €277,583 | €296,497 | €297,151 | €292,095 | ▼ 1.7% |
| Fixed assets21/28 | €58,245 | €55,304 | €52,364 | €49,437 | €46,510 | ▼ 5.9% |
| Tangible fixed assets22/27 | €57,845 | €54,904 | €51,964 | €49,037 | €46,110 | ▼ 6.0% |
| Land and buildings22 | - | - | - | €49,037 | €46,110 | ▼ 6.0% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €227,866 | €222,279 | €244,133 | €247,714 | €245,585 | ▼ 0.9% |
| Amounts receivable after more than one year29 | - | - | - | €96,857 | €242,858 | ▲ 151% |
| Trade receivables290 | - | - | - | €96,857 | €242,858 | ▲ 151% |
| Stocks and contracts in progress3 | €699 | €684 | €190 | €190 | - | - |
| Stocks30/36 | - | - | - | €190 | - | - |
| Amounts receivable within one year40/41 | €115,210 | €115,970 | €142,525 | €150,318 | €2,727 | ▼ 98.2% |
| Other amounts receivable41 | - | - | - | €150,318 | €2,727 | ▼ 98.2% |
| Cash at bank and in hand54/58 | €2,101 | €155 | €169 | €350 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €286,111 | €277,583 | €296,497 | €297,151 | €292,095 | ▼ 1.7% |
| Equity10/15 | €118,224 | €121,632 | €136,407 | €87,718 | €81,290 | ▼ 7.3% |
| Contributions10/11 | €69,410 | €69,410 | - | €69,410 | €69,410 | = |
| Reserves13 | €6,941 | €6,941 | €6,941 | €6,941 | €6,941 | = |
| Non-distributable reserves130/1 | - | - | - | €6,941 | €6,941 | = |
| Reserves not available under the articles1311 | - | - | - | €6,941 | €6,941 | = |
| Profit (loss) carried forward14 | €41,873 | €45,281 | €60,056 | €11,367 | €4,939 | ▼ 56.5% |
| Amounts payable17/49 | €167,887 | €155,951 | €160,089 | €209,433 | €210,805 | ▲ 0.7% |
| Amounts payable after more than one year17 | €141,671 | €134,696 | €127,028 | - | - | - |
| Amounts payable within one year42/48 | €26,216 | €21,254 | €33,061 | €209,433 | €210,805 | ▲ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €194,393 | €197,926 | ▲ 1.8% |
| Financial debts43 | - | - | - | - | €25 | - |
| Credit institutions430/8 | - | - | - | - | €25 | - |
| Trade debts44 | €11,805 | €9,233 | €11,033 | €10,375 | €8,189 | ▼ 21.1% |
| Suppliers440/4 | - | - | - | €10,375 | €8,189 | ▼ 21.1% |
| Taxes, remuneration and social security45 | - | - | - | €4,665 | €4,665 | = |
| Taxes450/3 | - | - | - | €4,665 | €4,665 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,760 | €3,408 | €14,775 | -€48,689 | -€6,428 | ▲ 86.8% |
| + Depreciation and write-downs630 | €2,941 | €2,941 | €2,941 | €2,927 | €2,927 | = |
| Operating cash flow (approximation) | €9,700 | €6,348 | €17,716 | -€45,762 | -€3,501 | ▲ 92.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€1,946 | €15 | €180 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
08-04
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 01-04-2025
2024
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 11-06-2024
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Weakest financial yearnet -€48,689
Net result drops to -€48,689, the lowest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €14,775 ▲334%
Net result €14,775, the highest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JORIS J. DE SMET WINSTON CHURCHILLLAAN 118B,
1180 BRUSSEL 18 |
11-06-2024 → 01-04-2025 |