RHINO
RHINO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €22.61M and a net result of €10.88M. Equity is growing by ~69.6% per year across the filed fiscal years. Its solvency ranks better than 58% of 678 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €22.61M |
| Net result | €10.88M |
| Better than sector | 58% |
| Active | 4 yrs |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 54.7% | 44.9% | |
| Net result | €10.88M | €48k | |
| Equity | €22.61M | €1.36M | |
| Total assets | €41.31M | €5.58M |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €10.88M |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €143k |
| Dividends | - |
| Total assets | €41.31M |
| Equity | €22.61M |
| Debt | €18.71M |
| of which ≤ 1y | €3.71M |
| of which > 1y | €15.00M |
| Working capital | n/a |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 54.7% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 26.3% |
| ROE | 48.1% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €41.31M |
| Fixed assets | 21/28 | €30.57M |
| Financial fixed assets | 28 | €30.57M |
| Current assets | 29/58 | €10.75M |
| Amounts receivable within one year | 40/41 | €7.68M |
| Investments | 50/53 | €2.94M |
| Cash & bank | 54/58 | €127k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €41.31M |
| Equity | 10/15 | €22.61M |
| Contributions / capital | 10/11 | €6.00M |
| Reserves | 13 | €16.61M |
| Amounts payable | 17/49 | €18.71M |
| Amounts payable after one year | 17 | €15.00M |
| Amounts payable within one year | 42/48 | €3.71M |
| Trade debts payable within one year | 44 | €953k |
| Income statement | ||
| Turnover | 70 | €3.82M |
| Operating result | 9901 | €1.10M |
| Financial income | 75 | €10.51M |
| Financial charges | 65 | €587k |
| Result before taxes | 9903 | €11.02M |
| Income taxes | 67/77 | €143k |
| Net result for the period | 9904 | €10.88M |
| Result to be appropriated | 9905 | €10.88M |
| NACE primary | Financial services(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 13-12-2021 |
| Status | Active |
| Postal code | 8880 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36010C0737/00N000 | Flanders | 9,627 m² | 1 · 2,366 m² | 10.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
16-02-2022 Capital increase of €2,990,000 to €2,990,000
- €0 → €2.990.000
- Inbreng in geld · Apport en numéraire
- 2 kapitaalbewegingen in deze akte
Technical details
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"notary": {
"name": "Kathleen Van den Eynde",
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"office_city": "Roeselare",
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"act_meta": {
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"pub_date": "2022-02-16",
"filing_date": "2021-12-22",
"act_kind_objet": "Onderwerp akte:"
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"under_authorized_capital": false,
"underlying_resolution_date": "2021-12-22"
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"bedrijfsrevisor": {
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"firm_kbo": "0875.430.443",
"firm_name": "VGD Bedrijfsrevisoren",
"ibr_number": null,
"mission_type": "apport_nature",
"individual_name": "Peter Vandewalle"
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"kbo": "0778.573.765",
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"expedition proces-verbaal der buitengewone algemene vergadering",
"verklaring bestuursorgaan overeenkomstig art. 5:133, \u00A7 3 WW met bijgevoegd waarderingsrapport",
"verslag bestuursorgaan overeenkomstig art. 5:102 WV",
"geco\u00F6rdineerde statuten"
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | RHINO |