Skip to content

Les Rives Ringoot

Active
Public limited companyfounded 200322 yrs activeHoveniersstraat 15, 2860 Sint-Katelijne-Waver, BelgiumKBO/BCE: BE 0861.711.673
Summary

Les Rives Ringoot has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.94M and a net result of €1.24M. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 87% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
83 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability96=
Solvency100=
Growth33▼-1
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.78 in 2023; short-term debt: 21.5% and cash: 4.2% of total assets), and 21.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
78.5%
Return on assets
19.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
48 d early
2022
32 d early
2021
27 d early
2020
17 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema, statutory accounts

Turnover
€2.09M▼ 4.9%
2023 · €2.20M
2018: €2.10M 2019: €1.96M 2020: €2.11M 2021: €2.23M 2022: €2.23M 2023: €2.20M
2018 → 2024
EBIT margin
30.6%▲ 1.7pp
2023 · 28.9%
2018: 37.8% 2019: 39.5% 2020: 39.5% 2021: 34.6% 2022: 31.2% 2023: 28.9%
2018 → 2024
Net result
€1.24M▼ 2.8%
2023 · €1.28M
2018: €3.04M 2019: €1.34M 2020: €3.41M 2021: €1.93M 2022: €1.49M 2023: €1.28M
2018 → 2024
Working capital
€-105k▲ 70.7%
2023 · €-358k
2018: €-1.23M 2019: €-1.88M 2020: €-524k 2021: €-769k 2022: €-462k 2023: €-358k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Turnover€2.11M-€2.23M▲ 5.5%€2.23M▼ 0.1%€2.20M▼ 1.1%€2.09M▼ 4.9%
Equity€6.55M-€4.28M▼ 34.6%€4.62M▲ 7.9%€4.70M▲ 1.6%€4.94M▲ 5.1%
Operating result€835k-€772k▼ 7.6%€696k▼ 9.9%€637k▼ 8.4%€640k▲ 0.5%
Net result€3.41M-€1.93M▼ 43.4%€1.49M▼ 22.9%€1.28M▼ 14.4%€1.24M▼ 2.8%
Result per fiscal year
Operating resultNet result
€0€1.00M€2.00M€3.00MOperating result 2020: €835k€835kNet result 2020: €3.41M€3.41MOperating result 2021: €772k€772kNet result 2021: €1.93M€1.93MOperating result 2022: €696k€696kNet result 2022: €1.49M€1.49MOperating result 2023: €637k€637kNet result 2023: €1.28M€1.28MOperating result 2024: €640k€640kNet result 2024: €1.24M€1.24M20202021202220232024€0€500k€1M€1.5MOperating result 2022: €696k€696kNet result 2022: €1.49M€1.5MOperating result 2023: €637k€637kNet result 2023: €1.28M€1.3MOperating result 2024: €640k€640kNet result 2024: €1.24M€1.2M202220232024
The operating result recovers in 2024; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.29M
Fixed assets €5.04M ▼ 0.3%
Current assets €1.25M =
Equity and liabilities €6.29M
Equity €4.94M ▲ 5.1%
Debt €1.35M ▼ 15.7%
Debt's share of the balance-sheet total falls from 25.5% to 21.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€663k
2023 · €687k
Cash flow
€1.26M
2023 · €1.33M
Current ratio
0.92
2023 · 0.78
Debt to equity
0.27
2023 · 0.34
ROE
25.1%
2023 · 27.1%
ROA
19.7%
2023 · 20.2%
Interest coverage
100.67
2023 · 662.91
Debt ≤ 1 year
€1.35M
2023 · €1.61M
Income taxes
€163k
2023 · €166k
Staff costs
€632k
2023 · €640k
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 · 2024 against 2023 · 65 lines
Balance sheet Code20232024
Assets
Total assets20/58€6.30M€6.29M
Fixed assets21/28€5.06M€5.04M
Tangible fixed assets22/27€162k€148k
Land and buildings22€88k€88k=
Plant, machinery and equipment23€67k€60k
Furniture and vehicles24€7k-
Financial fixed assets28€4.90M€4.90M=
Affiliated companies280/1€4.90M€4.90M=
Participating interests280€4.90M€4.90M=
Current assets29/58€1.25M€1.25M=
Amounts receivable within one year40/41€619k€613k
Trade receivables40€615k€607k
Other amounts receivable41€4k€6k
Current investments50/53€400k€350k
Other investments51/53€400k€350k
Cash at bank and in hand54/58€220k€266k
Deferred charges and accrued income490/1€9k€19k
Equity and liabilities
Total equity and liabilities10/49€6.30M€6.29M
Equity10/15€4.70M€4.94M
Contributions10/11€1.00M€1.00M=
Capital10€1.00M€1.00M=
Issued capital100€1.00M€1.00M=
Reserves13€450k€450k=
Non-distributable reserves130/1€100k€100k=
Legal reserve130€100k€100k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€331k€331k=
Profit (loss) carried forward14€3.25M€3.49M
Amounts payable17/49€1.61M€1.35M
Amounts payable within one year42/48€1.61M€1.35M
Trade debts44€278k€233k
Suppliers440/4€278k€233k
Taxes, remuneration and social security45€127k€118k
Taxes450/3€41k€36k
Remuneration and social security454/9€85k€82k
Other amounts payable47/48€1.20M€1.00M
Income statement Code20232024
Operating income70/76A€2.31M€2.28M
Turnover70€2.20M€2.09M
Other operating income74€111k€132k
Non-recurring operating income76A-€60k
Operating charges60/66A€1.68M€1.64M
Services and other goods61€978k€980k
Remuneration, social security and pensions62€640k€632k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€23k
Other operating charges640/8€9k€9k
Operating profit (loss)9901€637k€640k
Financial income75/76B€806k€769k
Recurring financial income75€806k€769k
Income from financial fixed assets750€799k€750k
Income from current assets751€6k€19k
Other financial income752/9-€269
Financial charges65/66B€1k€7k
Recurring financial charges65€1k€7k
Other financial charges652/9€1k€7k
Profit (loss) for the period before taxes9903€1.44M€1.40M
Income taxes67/77€166k€163k
Taxes670/3€167k€164k
Tax adjustments and reversals of tax provisions77€846€680
Profit (loss) for the period9904€1.28M€1.24M
Profit (loss) for the period to be appropriated9905€1.28M€1.24M
Appropriation of the result
Profit (loss) to be appropriated9906€4.45M€4.49M
Profit (loss) brought forward from the previous period14P€3.17M€3.25M
Profit to be distributed694/7€1.20M€1.00M
Return on contributions (dividend)694€1.20M€1.00M
Social balance
Average headcount (FTE)90877.06.3

The notes to these accounts (46 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
07-09
State Gazette act Resignation: DE WITTE Achiel (director)
Appointments: DE WITTE Achiel (non-statutory director) and DE WITTE Jurgen (non-statutory director) · Purpose change · Statutes amendment18 facts ▸
  • General meeting, 26-08-2026
  • Purpose change, De vennootschap heeft tot voorwerp zowel in België als in het buitenland, voor eigen rekening of voor rekening van derden, of door deelname van deze: - Alle han…
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Director resignation, DE WITTE Achiel (director)
  • Director appointment, DE WITTE Achiel (non-statutory director)
  • Director appointment, DE WITTE Jurgen (non-statutory director)
  • Mandate compensation, DE WITTE Achiel
  • Mandate compensation, DE WITTE Jurgen
  • +6 further facts in this act
27-03
State Gazette act Resignation: MMR BV (director)
Permanent representative: Olivier Ringoot · Appointment: Jurgen De Witte (sole director) · Director discharge8 facts ▸
  • General meeting, 10 maart 2026
  • Director resignation, MMR BV (director)
  • Director discharge, MMR BV (director)
  • Permanent representative, Olivier Ringoot
  • Director appointment, Jurgen De Witte (sole director)
  • Mandate compensation, Jurgen De Witte
  • Registered-office move, Hoveniersstraat 15, 2860 Sint-Katelijne-Waver
  • Power of attorney, Ivan Reyns
2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
25-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Weakest financial yearnet €1.24M ▼2.8%
Net result drops to €1.24M, the lowest in the series.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
13-06
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
29-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
04-07
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
2021
15-07
NBB filing Annual accounts filed
fiscal year 2020 · consolidated
14-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Highest result since 2018net €3.41M ▲155%
Operating result €835k, net result €3.41M, both a record.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 directors, no change since 2026
DE WITTE Achiel
Non-statutory director · since 26-08-2026
Current
Jurgen De Witte
Non-statutory director · since 10-03-2026
Current
26-08-2026 DE WITTE Achiel: Resigned as Director
26-08-2026 DE WITTE Achiel: Appointed as Non-statutory director
26-08-2026 DE WITTE Achiel: Appointed as Managing director
26-08-2026 Jurgen De Witte: Appointed as Non-statutory director
26-08-2026 Jurgen De Witte: Appointed as Chair of the board
Full history in the Timeline (8 changes) →
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2003
establishment The establishment unit on the map
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.

Hoveniersstraat 152860 Sint-Katelijne-Waver
Ground area
1.2 ha
Building footprint
584 m²
Volume, LiDAR
3,369 m³
2 parcels, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EURORINGOOT
Veilinglaan 56, 1861 MeiseNACE 51170
since 20032.134.207.163
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12422D0476/00K002 Flanders 1.1 ha 1 · 171 m² 8.6 m · 3 fl.
23093F0157/00M000 Flanders 744 m² 1 · 414 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 to 2025 · 2 entries · 603 EUR awarded · 603 EUR paid
Year Entries awardedpaid
2025 1 445 EUR445 EUR
2023 1 158 EUR158 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 603 EUR · 603 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 956 companies in sector 46319 we hold annual accounts for 609. 268 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded19-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
Enterprise