Gerard RIGOLLE
ActiveGerard RIGOLLE has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.01M and a net result of €214k. Equity is growing by ~19.7% per year across the filed fiscal years. Its solvency ranks better than 27% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+16
Solvency42▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity short (current ratio 0.96 against 0.88 in 2024; short-term debt: 53.1% and cash: 0.4% of total assets), and 83.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
16.9%
Return on assets
3.6%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 21-05-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
8 d early
2023
9 d early
2022
5 d early
2021
10 d early
2020
2 d early
2019
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.01M▲ 26.8%
2024 · €798k
2019: €762k
2021: €369k
2022: €431k
2023: €686k
2024: €798k
2019 → 2025
Total assets
€5.98M▼ 9.0%
2024 · €6.57M
2019: €2.21M
2021: €7.92M
2022: €7.36M
2023: €7.05M
2024: €6.57M
2019 → 2025
Net result
€214k▲ 92.0%
2024 · €112k
2019: €-63k
2021: €105k
2022: €61k
2023: €256k
2024: €112k
2019 → 2025
Working capital
€-128k▲ 72.2%
2024 · €-461k
2019: €162k
2021: €-882k
2022: €-859k
2023: €-551k
2024: €-461k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€369k-€431k▲ 16.6%€686k▲ 59.4%€798k▲ 16.3%€1.01M▲ 26.8%
Operating result€133k-€145k▲ 8.4%€334k▲ 131%€244k▼ 27.1%€322k▲ 32.2%
Net result€105k-€61k▼ 41.8%€256k▲ 317%€112k▼ 56.4%€214k▲ 92.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.98M
Fixed assets
€2.93M▼ 12.1%
Current assets
€3.05M▼ 5.8%
Equity and liabilities €5.98M
Equity
€1.01M▲ 26.8%
Debt
€4.97M▼ 13.9%
The debt ratio falls from 87.9% to 83.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€710k▲
2024 · €652k
Cash flow
€602k▲
2024 · €520k
Solvency
16.9%▲
2024 · 12.1%
Current ratio
0.96▲
2024 · 0.88
Quick ratio
0.13▼
2024 · 0.15
Debt / equity
4.91▼
2024 · 7.24
ROE
21.2%▲
2024 · 14.0%
ROA
3.6%▲
2024 · 1.7%
Interest coverage
6.32▲
2024 · 4.33
Debt
€4.97M▼
2024 · €5.78M
Debt ≤ 1 year
€3.18M▼
2024 · €3.70M
Debt > 1 year
€1.79M▼
2024 · €2.07M
Staff costs
€540k▲
2024 · €536k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.57M€5.98M▼
Fixed assets21/28€3.34M€2.93M▼
Tangible fixed assets22/27€3.32M€2.93M▼
Land and buildings22€2.64M€2.51M▼
Plant, machinery and equipment23€666k€428k▼
Furniture and vehicles24€12k€58▼
Financial fixed assets28€14k€0▼
Current assets29/58€3.24M€3.05M▼
Stocks and contracts in progress3€2.70M€2.63M▼
Stocks30/36€2.70M€2.63M▼
Amounts receivable within one year40/41€429k€399k▼
Trade receivables40€426k€392k▼
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€107k€24k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€6.57M€5.98M▼
Equity10/15€798k€1.01M▲
Contributions10/11€19k€19k=
Reserves13€779k€994k▲
Non-distributable reserves130/1€496€496=
Other1319€496€496=
Tax-exempt reserves132€9k€9k=
Distributable reserves133€770k€984k▲
Amounts payable17/49€5.78M€4.97M▼
Amounts payable after more than one year17€2.07M€1.79M▼
Financial debts170/4€2.07M€1.79M▼
Amounts payable within one year42/48€3.70M€3.18M▼
Current portion of amounts payable after more than one year42€403k€269k▼
Financial debts43€1.50M€1.50M=
Credit institutions430/8€1.50M€1.50M=
Trade debts44€484k€933k▲
Suppliers440/4€484k€933k▲
Taxes, remuneration and social security45€77k€90k▲
Taxes450/3€4k€4k▼
Remuneration and social security454/9€73k€86k▲
Other amounts payable47/48€1.24M€388k▼
Accrued charges and deferred income492/3€6k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€536k€540k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€409k€388k▼
Other operating charges640/8€58k€74k▲
Non-recurring operating charges66A-€3k
Gross operating margin9900€1.25M€1.33M▲
Operating profit (loss)9901€244k€322k▲
Financial income75/76B€18k€4k▼
Recurring financial income75€18k€4k▼
Financial charges65/66B€151k€112k▼
Recurring financial charges65€151k€112k▼
Profit (loss) for the period before taxes9903€112k€214k▲
Profit (loss) for the period9904€112k€214k▲
Profit (loss) for the period to be appropriated9905€112k€214k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€214k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€0-
Transfer to equity691/2€112k€214k▲
To other reserves6921€112k€214k▲
Social balance
Average headcount (FTE)90879.99.9=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-10
Financial
Equity above €1MEq €1.01M ▲26.8%
5 profitable years in a row build equity to €1.01M.
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-10
Financial
Highest result since 2019net €256k ▲317%
Operating result €334k, net result €256k, both a record.
31-10
Financial
Equity above €500kEq €686k ▲59.4%
3 profitable years in a row build equity to €686k.
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €105k
Net result €105k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
16-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Waregem · 1 establishment unit since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Anzegemseweg 228790 WaregemGround area
9,950 m²
Building footprint
5,141 m²
Volume, LiDAR
8,981 m³
Parcel 34452B0864/00H000, Flanders · tallest building 5.3 m. Linked by address, not a title deed.
1 establishment unit
HUBO/ PLAFOMAT
since 19782.041.565.433
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0864/00H000 | Flanders | 9,950 m² | 1 · 5,141 m² | 5.3 m |
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 270 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 270 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.041.565.433
Similar companies · same sector, comparable size
BVO
BE 0474.746.308
Herent · Eq €1.01M
ISOLABEL
BE 0451.232.320
Oudergem · Eq €1.01M
SIGNALI
BE 0887.499.421
Visé · Eq €1.01M
ELLI-BOUWMARKT
BE 0881.655.269
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E.L.C-S.V.C
BE 0448.515.924
Tielt-Winge · Eq €1.00M
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-1978
Fiscal year end31-10
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 47 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.