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Moda - Rigi

Active Private limited companyfounded 1980active for 46 yearsOoststraat 21, 8800 RoeselareKBO/BCE: BE 0420.862.115

Lifetime

20 annual accounts with figures on one time axis, 45 filings since 1981
peak €375,053 (2018)
€260,622▲ 61.5%
lowest -€68,764 (2020)
€24,854▲ €85,285
peak €1.8m (2017)
€432,729▲ 6.1%
€426,765▲ 48.5%
peak 4.1 FTE (2024)
4.1 FTEunchanged
Board4 names since 2015
- 
Documentsfilings and deeds
16-06-202645 days before the deadline
2025abbreviated format
Gross margin from €161,379 to €260,622Back to profit: €24,854Debts from €287,477 to €426,765Cash from €131,309 to €222,998

Key points

from the 2025 annual accounts

Equity

€432,729 from €1.8m in 2017

Equity fell by 76% in 8 years.

Result

€24,854 €24,854
-€60,4002024€24,9002025

Back in profit in 2025, after a loss of €60,431 in 2024.

Turnover

≈ €900,000 estimated

The abbreviated format states no turnover.

Debts

€426,765 ▲ 48.5%
Other debts
+128,700
Suppliers
+39,216
The rest
-28,628

Debts rose by €139,288 in 2025.

Staff

5 employees on 31-12-2025
322021462022532023322024432025

In 2025, 4 people joined and 3 left.

Filings

45 annual accounts since 1981
AprilJune31 JulyOctober199520102025

The 2018 accounts came 29 days late. The other nine of the last ten were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,044 companies had the same profile as Moda - Rigi has now. Each dot stands for 43 companies, two years later.

94.3%
were still trading
5.0%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 17,044 companies, not a prediction for Moda - Rigi. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

last known board
Director, until 2020
Director, last mentioned in 2020
Director, last mentioned in 2020
  • 5,000 sharesdeed of 24-03-2020
Board & ownership

Recent changes

New establishment in Roeselare RIGI Outlet, Ooststraat 112
Registered office moved to Roeselare New registered office: Ooststraat 21, 8800 Roeselare · Change of role: , from director to successor director · Resignation: (director) · Gazette deed
Environmental permit granted Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Roeselare
Reappointment: (managing director) General meeting of 09-06-2018 · Gazette deed
All 59 events

Comparable companies

same main activity, similar in size and age
Company
Moda - Rigi Roeselare €0.9m €260,622 50.1% 4.1
SEGHERS SCHOENEN Ostend €0.8m €231,034 55.6% 4.7
STREZA Blankenberge €1.1m €273,494 36.4% 3.7
Fontaine - Verburgh Ostend €1.1m €184,777 40.9% 3.8
CHAUSSURES JEAN DELAERE Ronse €1.1m €210,584 61.2% 4.3
DE GOUDEN SCHOE Ledegem €0.9m €212,765 64.8% 2.3
MORRISON De Panne €1.4m €281,273 34.0% 5.6

These companies have the same main activity as Moda - Rigi: retail sale of footwear (NACE 47721). They are comparable in size and age: total assets between €849,000 and €1.4m, founded between 1978 and 1990.

Official details

Source: KBO
Status
Active since 07-11-1980Normal situation
Activity
Retail sale of footwearNACE 47721and 1 other
Joint committee
201Independent retail · annual accounts 2025
Establishment units
2.018.099.3518800 Roeselare, since 01-01-1981
2.264.547.7468800 Roeselare, since 01-01-1997and 1 other
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€864,221▲ 22.8%
Employeeson 31-12-2025
5=
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on Moda - Rigi

Moda - Rigi files the abbreviated format. That format states no turnover. The gross margin rose from €173,214 in 2006 to €260,622 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Moda - Rigi

What is the company number of Moda - Rigi?
The company number of Moda - Rigi is 0420.862.115. The VAT number is the same number with BE in front: BE 0420.862.115.
Where is Moda - Rigi based?
The registered office is at Ooststraat 21, 8800 Roeselare.Company details
What does Moda - Rigi do?
According to the KBO register, the main activity is retail sale of footwear (NACE 47721).
What is the legal form of Moda - Rigi?
Moda - Rigi is a private limited company (BV).
When was Moda - Rigi founded?
Moda - Rigi was founded on 07-11-1980.
Is Moda - Rigi still active?
Yes, Moda - Rigi is an active enterprise in the KBO register.
How many employees does Moda - Rigi have?
Moda - Rigi had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Moda - Rigi fall under?
In its 2025 annual accounts, Moda - Rigi states joint committee 201 (Independent retail).
What is the turnover of Moda - Rigi?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €260,622 and 42 comparable companies (NACE 477). It probably lies between €710,000 and €1.2m.
Is Moda - Rigi profitable?
In financial year 2025, Moda - Rigi made a profit of €24,854.
Where can I find the annual accounts of Moda - Rigi?
Moda - Rigi filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Moda - Rigi due?
Moda - Rigi must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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