LE RIEU
ActiveSummary
LE RIEU has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €512,181 and a net result of €232,046. Equity is growing by ~45.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 5899 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability98▲+23
Solvency77▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 2.31 against 2.72 in 2023; short-term debt: 24.1% and cash: 44.4% of total assets), and 47.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.2%
Return on assets
23.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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
2024
82 d late
2023
45 d early
2022
23 d late
2021
7 d late
2020
9 d late
2019
12 d late
2018
9 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€512,181▲ 60.0%
2023 · €320,135
Total assets
€981,133▲ 75.3%
2023 · €559,830
Net result
€232,046▲ 679%
2023 · €29,796
Working capital
€310,462▲ 68.7%
2023 · €183,992
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€45,226▲ 126%€70,216▲ 55.3%€149,593▲ 113%€39,839▼ 73.4%€338,913▲ 751%
Net result€41,006above the sector's middle half▲ 122%€63,465above the sector's middle half▲ 54.8%€112,287above the sector's middle half▲ 76.9%€29,796above the sector's middle half▼ 73.5%€232,046above the sector's middle half▲ 679%
Equity€117,181above the sector's middle half▲ 50.4%€178,911above the sector's middle half▲ 52.7%€290,339above the sector's middle half▲ 62.3%€320,135above the sector's middle half▲ 10.3%€512,181above the sector's middle half▲ 60.0%
Total assets€226,346within the sector's middle half▲ 31.0%€328,487above the sector's middle half▲ 45.1%€530,947above the sector's middle half▲ 61.6%€559,830above the sector's middle half▲ 5.4%€981,133above the sector's middle half▲ 75.3%
Debt€109,166▲ 15.0%€149,575▲ 37.0%€234,600▲ 56.8%€234,355▼ 0.1%€464,279▲ 98.1%
Working capital€99,273above the sector's middle half▲ 36.0%€136,631above the sector's middle half▲ 37.6%€190,312above the sector's middle half▲ 39.3%€183,992above the sector's middle half▼ 3.3%€310,462above the sector's middle half▲ 68.7%
Solvency51.8%within the sector's middle half▲ 6.7pp54.5%within the sector's middle half▲ 2.7pp54.7%within the sector's middle half▲ 0.2pp57.2%within the sector's middle half▲ 2.5pp52.2%within the sector's middle half▼ 5.0pp
Current ratio2.41within the sector's middle half▼ 0.462.72within the sector's middle half▲ 0.312.50within the sector's middle half▼ 0.222.72within the sector's middle half▲ 0.222.31within the sector's middle half▼ 0.41
Return on assets (ROA)18.1%above the sector's middle half▲ 7.4pp19.3%above the sector's middle half▲ 1.2pp21.1%above the sector's middle half▲ 1.8pp5.3%within the sector's middle half▼ 15.8pp23.7%above the sector's middle half▲ 18.3pp
Staff (FTE)54.8▼ 4.0%
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2024 Net result +679% on 2023. This fiscal year ran 18 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 751% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €981,133
Fixed assets
€434,152 ▲ 61.5%
Current assets
€546,980 ▲ 88.0%
Equity and liabilities €981,133
Equity
€512,181 ▲ 60.0%
Provisions
€4,673 ▼ 12.5%
Debt
€464,279 ▲ 98.1%
Debt's share of the balance-sheet total rises from 41.9% to 47.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€429,009▲
2023 · €88,654
Cash flow
€322,142▲
2023 · €78,610
Quick ratio
2.28▼
2023 · 2.66
Debt to equity
0.91▲
2023 · 0.73
ROE
45.3%▲
2023 · 9.3%
Interest coverage
34.31▲
2023 · 19.64
Debt ≤ 1 year
€236,518▲
2023 · €107,020
Debt > 1 year
€225,531▲
2023 · €127,161
Income taxes
€95,044▲
2023 · €6,225
Staff costs
€244,812▲
2023 · €147,617
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,349 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €107,242 | €147,617 | €244,812 | ▲ 65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,131 | €31,976 | €31,045 | €48,814 | €90,096 | ▲ 84.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,391 | €1,191 | ▼ 14.4% |
| Other operating charges640/8 | - | - | €1,438 | €1,870 | €3,809 | ▲ 104% |
| Gross operating margin9900 | €117,573 | €160,312 | €289,318 | €239,532 | €678,821 | ▲ 183% |
| Operating profit (loss)9901 | €45,226 | €70,216 | €149,593 | €39,839 | €338,913 | ▲ 751% |
| Financial income75/76B | - | - | €912 | €28 | €13 | ▼ 55.0% |
| Recurring financial income75 | €1,735 | €1,738 | €912 | €28 | €13 | ▼ 55.0% |
| Financial charges65/66B | - | - | €3,012 | €4,514 | €12,503 | ▲ 177% |
| Recurring financial charges65 | €1,855 | €1,812 | €3,012 | €4,514 | €12,503 | ▲ 177% |
| Profit (loss) for the period before taxes9903 | €45,106 | €70,142 | €147,493 | €35,353 | €326,423 | ▲ 823% |
| Transfer from deferred taxes780 | - | - | €668 | €668 | €668 | = |
| Transfer to deferred taxes680 | - | - | €6,675 | - | - | - |
| Income taxes67/77 | €4,100 | €6,677 | €29,199 | €6,225 | €95,044 | ▲ 1,427% |
| Profit (loss) for the period9904 | €41,006 | €63,465 | €112,287 | €29,796 | €232,046 | ▲ 679% |
| Transfer from tax-exempt reserves789 | - | - | €2,003 | €2,003 | €2,003 | = |
| Transfer to tax-exempt reserves689 | - | - | €20,025 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €41,006 | €63,465 | €94,264 | €31,798 | €234,049 | ▲ 636% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226,346 | €328,487 | €530,947 | €559,830 | €981,133 | ▲ 75.3% |
| Fixed assets21/28 | €56,673 | €112,439 | €213,621 | €268,817 | €434,152 | ▲ 61.5% |
| Tangible fixed assets22/27 | €52,943 | €106,059 | €204,751 | €258,637 | €422,922 | ▲ 63.5% |
| Plant, machinery and equipment23 | - | - | €139,383 | €159,994 | €336,647 | ▲ 110% |
| Furniture and vehicles24 | - | - | €65,367 | €98,644 | €86,275 | ▼ 12.5% |
| Financial fixed assets28 | €3,730 | €6,380 | €8,870 | €10,180 | €11,230 | ▲ 10.3% |
| Current assets29/58 | €169,674 | €216,047 | €317,326 | €291,012 | €546,980 | ▲ 88.0% |
| Stocks and contracts in progress3 | €17,255 | €35,013 | €17,568 | €6,145 | €8,582 | ▲ 39.7% |
| Stocks30/36 | - | - | €17,568 | €6,145 | €8,582 | ▲ 39.7% |
| Amounts receivable within one year40/41 | €102,970 | €45,386 | €122,285 | €126,896 | €92,960 | ▼ 26.7% |
| Trade receivables40 | - | - | €107,900 | €91,984 | €69,050 | ▼ 24.9% |
| Other amounts receivable41 | - | - | €14,385 | €34,912 | €23,909 | ▼ 31.5% |
| Cash at bank and in hand54/58 | €43,898 | €131,129 | €170,476 | €150,383 | €435,448 | ▲ 190% |
| Deferred charges and accrued income490/1 | - | - | €6,998 | €7,588 | €9,990 | ▲ 31.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226,346 | €328,487 | €530,947 | €559,830 | €981,133 | ▲ 75.3% |
| Equity10/15 | €117,181 | €178,911 | €290,339 | €320,135 | €512,181 | ▲ 60.0% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €95,960 | €159,425 | €271,712 | €299,709 | €492,707 | ▲ 64.4% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Tax-exempt reserves132 | - | - | €21,323 | €19,320 | €17,318 | ▼ 10.4% |
| Distributable reserves133 | - | - | €248,529 | €278,529 | €475,389 | ▲ 70.7% |
| Profit (loss) carried forward14 | €27 | €27 | €28 | €1,826 | €875 | ▼ 52.1% |
| Provisions and deferred taxes16 | - | - | €6,008 | €5,340 | €4,673 | ▼ 12.5% |
| Deferred taxes168 | - | - | €6,008 | €5,340 | €4,673 | ▼ 12.5% |
| Amounts payable17/49 | €109,166 | €149,575 | €234,600 | €234,355 | €464,279 | ▲ 98.1% |
| Amounts payable after more than one year17 | €38,591 | €69,985 | €107,413 | €127,161 | €225,531 | ▲ 77.4% |
| Financial debts170/4 | - | - | €107,413 | €127,161 | €225,531 | ▲ 77.4% |
| Amounts payable within one year42/48 | €70,401 | €79,417 | €127,014 | €107,020 | €236,518 | ▲ 121% |
| Current portion of amounts payable after more than one year42 | - | - | €46,270 | €51,501 | €65,793 | ▲ 27.8% |
| Trade debts44 | €48,057 | €37,267 | €50,401 | €34,765 | €79,009 | ▲ 127% |
| Suppliers440/4 | - | - | €50,401 | €34,765 | €79,009 | ▲ 127% |
| Taxes, remuneration and social security45 | - | - | €26,715 | €17,301 | €48,936 | ▲ 183% |
| Taxes450/3 | - | - | €25,199 | €4,966 | €33,077 | ▲ 566% |
| Remuneration and social security454/9 | - | - | €1,516 | €12,335 | €15,860 | ▲ 28.6% |
| Other amounts payable47/48 | - | - | €3,627 | €3,453 | €42,780 | ▲ 1,139% |
| Accrued charges and deferred income492/3 | - | - | €174 | €174 | €2,229 | ▲ 1,183% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,006 | €63,465 | €112,287 | €29,796 | €232,046 | ▲ 679% |
| + Depreciation and write-downs630 | €28,131 | €31,976 | €31,045 | €48,814 | €90,096 | ▲ 84.6% |
| Operating cash flow (approximation) | €69,136 | €95,441 | €143,332 | €78,610 | €322,142 | ▲ 310% |
| Investment in fixed assets (approximation) | - | -€87,742 | -€132,227 | -€104,011 | -€255,431 | ▼ 146% |
| Change in cash | - | €87,231 | €39,347 | -€20,093 | €285,066 | ▲ 1,519% |
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
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
2024
31-12
Financial
Highest result since 2019net €232,046 ▲679%
Operating result €338,913, net result €232,046, both a record.
31-12
Financial
Equity above €500,000Eq €512,181 ▲60%
6 profitable years in a row build equity to €512,181.
2023
17-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
30-06
Financial
Equity above €200,000Eq €290,339 ▲62.3%
4 profitable years in a row build equity to €290,339.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
30-06
Financial
Equity above €150,000Eq €178,911 ▲52.7%
3 profitable years in a row build equity to €178,911.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
30-06
Financial
Equity above €100,000Eq €117,181 ▲50.4%
2 profitable years in a row build equity to €117,181.
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
09-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
Show earlier events
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
25-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
2016
10-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Mons · 1 establishment unit since 2003
Ground area
2,540 m²
Building footprint
178 m²
Volume, LiDAR
1,231 m³
Parcel 53074B0039/00L000, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Le Rieu
since 20032.123.033.555
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53074B0039/00L000 | Wallonia | 2,540 m² | 1 · 178 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesLE RIEU SRL41613
Food safety, FASFC
1 siteMons2.123.033.555
Similar companies · same sector, comparable size
TUIN- & LANDSCHAPSARCHITECTUUR WILLEMS-VERDULT
BE 0882.623.190
Malle · Eq €513,203
GROENDIENST ROEGIERS
BE 0446.863.162
Assenede · Eq €510,779
ARBOWAR
BE 0405.387.150
Waregem · Eq €510,459
GROND- & TUINPROJECTEN VAN LOMMEL
BE 0686.673.886
Herselt · Eq €509,874
LES JARDINS IDEE Ô
BE 0891.844.724
Ittre · Eq €509,871
Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 2,618 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
01130Growing of vegetables, melons, roots and tubers
02200Logging
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
E-mail
lerieu211@gmail.com
Phone
+32476478772
E-invoicing
Reachable via Peppol
Peppol ID
0208:0479541373
Also
9925:BE0479541373
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.