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RHIMA BELGIE

Active
Private limited companyfounded 201312 yrs activeGontrode Heirweg 296, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0542.455.375

RHIMA BELGIE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €212k and a net result of €25k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 17% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
54 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability71▼-1
Solvency38▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.37 in 2022; short-term debt: 82% and cash: 7% of total assets), and 87.5% 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
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 →
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
elevated failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9039 sector peers (2024).
NBB · sector comparison
Position among 9039 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
74 d late
2022
61 d late
2021
92 d late
2020
90 d late
2018
61 d late
2015
61 d late
← before the deadline after the deadline →
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, abbreviated schema

Equity
€212k▲ 43.3%
2022 · €148k
2018: €52k 2020: €76k 2021: €105k 2022: €148k
2018 → 2024
Total assets
€1.69M▲ 2.5%
2022 · €1.65M
2018: €1.93M 2020: €1.59M 2021: €1.57M 2022: €1.65M
2018 → 2024
Net result
€25k▼ 41.3%
2022 · €43k
2018: €11k 2020: €2k 2021: €29k 2022: €43k
2018 → 2024
Working capital
€-703k▲ 25.0%
2022 · €-937k
2018: €730k 2020: €-1.09M 2021: €-1.06M 2022: €-937k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182020202120222024Trend
Equity€52k-€76k▲ 45.1%€105k▲ 38.4%€148k▲ 41.0%€212k▲ 43.3%
Operating result€35k-€21k▼ 39.6%€60k▲ 189%€74k▲ 23.2%€58k▼ 21.4%
Net result€11k-€2k▼ 85.7%€29k▲ 1,675%€43k▲ 48.0%€25k▼ 41.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2018: €35k€35kNet result 2018: €11k€11kOperating result 2020: €21k€21kNet result 2020: €2k€2kOperating result 2021: €60k€60kNet result 2021: €29k€29kOperating result 2022: €74k€74kNet result 2022: €43k€43kOperating result 2024: €58k€58kNet result 2024: €25k€25k20182020202120222024
The operating result is €58k in 2024, compared with €74k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €1.69M
Fixed assets €1.01M▼ 7.8%
Current assets €687k▲ 22.6%
Equity and liabilities €1.69M
Equity €212k▲ 43.3%
Debt €1.48M▼ 1.5%
The debt ratio falls from 91.0% to 87.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2022
EBITDA
€157k
2022 · €166k
Cash flow
€124k
2022 · €135k
Solvency
12.5%
2022 · 9.0%
Current ratio
0.49
2022 · 0.37
Quick ratio
0.49
2022 · 0.37
Debt / equity
6.98
2022 · 10.16
ROE
11.9%
2022 · 29.1%
ROA
1.5%
2022 · 2.6%
Interest coverage
7.63
2022 · 9.77
Debt
€1.48M
2022 · €1.51M
Debt ≤ 1 year
€1.39M
2022 · €1.50M
Income taxes
€13k
2022 · €16k
Staff costs
€435k
2022 · €278k
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 · 2024 against 2022
Balance sheet Code20222024
Assets
Total assets20/58€1.65M€1.69M
Fixed assets21/28€1.09M€1.01M
Tangible fixed assets22/27€1.08M€1.01M
Land and buildings22€864k€748k
Plant, machinery and equipment23€3k€14k
Furniture and vehicles24€117k€137k
Other tangible fixed assets26€96k€108k
Financial fixed assets28€13k-
Current assets29/58€560k€687k
Amounts receivable within one year40/41€331k€555k
Trade receivables40€226k€396k
Other amounts receivable41€105k€159k
Cash at bank and in hand54/58€215k€119k
Deferred charges and accrued income490/1€14k€13k
Equity and liabilities
Total equity and liabilities10/49€1.65M€1.69M
Equity10/15€148k€212k
Contributions10/11€12k€12k=
Reserves13€99k€180k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€97k€179k
Profit (loss) carried forward14€37k€19k
Amounts payable17/49€1.51M€1.48M
Amounts payable within one year42/48€1.50M€1.39M
Trade debts44€637k€442k
Suppliers440/4€637k€442k
Taxes, remuneration and social security45€47k€166k
Taxes450/3€24k€126k
Remuneration and social security454/9€23k€40k
Other amounts payable47/48€814k€782k
Accrued charges and deferred income492/3€7k€92k
Income statement Code20222024
Remuneration, social security and pensions62€278k€435k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€99k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€12k
Other operating charges640/8€5k€8k
Gross operating margin9900€464k€612k
Operating profit (loss)9901€74k€58k
Financial income75/76B€2k€691
Recurring financial income75€2k€691
Financial charges65/66B€17k€21k
Recurring financial charges65€17k€21k
Profit (loss) for the period before taxes9903€59k€38k
Income taxes67/77€16k€13k
Profit (loss) for the period9904€43k€25k
Profit (loss) for the period to be appropriated9905€43k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€72k€63k
Profit (loss) brought forward from the previous period14P€29k€37k
Transfer to equity691/2€35k€43k
To other reserves6921€35k€43k
Social balance
Average headcount (FTE)90873.24.6

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
13-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 74 days late
2024
31-12
Financial Equity above €200kEq €212k ▲43.3%
5 profitable years in a row build equity to €212k.
2023
30-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial Highest result since 2018net €43k ▲48%
Operating result €74k, net result €43k, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 92 days late
2021
31-12
Financial Equity above €100kEq €105k ▲38.4%
3 profitable years in a row build equity to €105k.
29-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
31-12
Financial Weakest financial yearnet €2k ▼85.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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
Registered office, Merelbeke-Melle · 1 establishment unit since 2013
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.

Gontrode Heirweg 2969090 Merelbeke-Melle
Ground area
7,728 m²
Building footprint
1,615 m²
Volume, LiDAR
2,132 m³
Parcel 44040C0386/00S000, Flanders · tallest building 10.1 m. Linked by address, not a title deed.
1 establishment unit
RHIMA BELGIE
Gontrode Heirweg 296, 9090 Merelbeke-MelleWholesale trade
since 20132.233.690.165
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44040C0386/00S000 Flanders 7,728 m² 1 · 1,615 m² 10.1 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.

Similar companies · same sector, comparable size

Of 136 companies in sector 46641 we hold annual accounts for 86. 63 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-11-2013
Fiscal year end31-12
Activities, NACEBEL
46641Wholesale trade
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.