RHINOV
ActiveSummary
The annual accounts of RHINOV for fiscal year 2025 show a net loss of 78% of total assets and of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €4k and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 1526 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-74
Solvency60▼-7
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.15 against 0.93 in 2024; short-term debt: 64.6% and cash: 1.6% of total assets), and 65% of the assets are financed with debt.
Credit check for your own amount and term
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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35%
Return on assets
-78.1%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
2025
3 d late
2024
29 d late
2023
on the day
2022
23 d late
2021
61 d early
2020
16 d late
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€4k▼ 69.0%
2024 · €13k
2018: €5k
2019: €1k▼ -72.0% vs 2018lowest in 8 years
2020: €3k▲ +94.0% vs 2019
2021: €3k▲ +7.1% vs 2020
2022: €2k▼ -35.4% vs 2021
2023: €11k▲ +484% vs 2022
2024: €13k▲ +12.1% vs 2023highest in 8 years
2025: €4k▼ -69.0% vs 2024
2018 → 2025
Total assets
€11k▼ 62.7%
2024 · €30k
2018: €8k
2019: €3k▼ -57.3% vs 2018
2020: €5k▲ +67.0% vs 2019
2021: €6k▲ +10.1% vs 2020
2022: €3k▼ -57.4% vs 2021lowest in 8 years
2023: €20k▲ +663% vs 2022
2024: €30k▲ +54.7% vs 2023highest in 8 years
2025: €11k▼ -62.7% vs 2024
2018 → 2025
Net result
€-9k
2024 · €1k
2018: €-4k
2019: €-4k▼ -1.5% vs 2018
2020: €1k▲ +136% vs 2019
2021: €200▼ -85.3% vs 2020
2022: €-1k▼ -633% vs 2021
2023: €9k▲ +982% vs 2022highest in 8 years
2024: €1k▼ -85.4% vs 2023
2025: €-9k▼ -739% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-6k▼ 441%
2024 · €-1k
2018: €2k
2019: €-962▼ -152% vs 2018
2020: €1k▲ +236% vs 2019
2021: €2k▲ +80.0% vs 2020
2022: €1k▼ -38.8% vs 2021
2023: €11k▲ +687% vs 2022highest in 8 years
2024: €-1k▼ -110% vs 2023
2025: €-6k▼ -441% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€2k▼ 35.4%€11k▲ 484%€13k▲ 12.1%€4k▼ 69.0%
2021: €3k
2022: €2k▼ -35.4% vs 2021lowest in 5 years
2023: €11k▲ +484% vs 2022
2024: €13k▲ +12.1% vs 2023highest in 5 years
2025: €4k▼ -69.0% vs 2024
Operating result€288-€-972€10k€1k▼ 84.2%€-9k
2021: €288
2022: €-972▼ -437% vs 2021
2023: €10k▲ +1078% vs 2022highest in 5 years
2024: €1k▼ -84.2% vs 2023
2025: €-9k▼ -676% vs 2024lowest in 5 years
Net result€200-€-1k€9k€1k▼ 85.4%€-9k
2021: €200
2022: €-1k▼ -633% vs 2021
2023: €9k▲ +982% vs 2022highest in 5 years
2024: €1k▼ -85.4% vs 2023
2025: €-9k▼ -739% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €1k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11k
Fixed assets
€10k ▼ 26.8%
Current assets
€1k ▼ 93.3%
Equity and liabilities €11k
Equity
€4k ▼ 69.0%
Debt
€7k ▼ 58.1%
Debt's share of the balance-sheet total rises from 57.8% to 65.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-5k▼
2024 · €3k
Cash flow
€-5k▼
2024 · €3k
Current ratio
0.15▼
2024 · 0.93
Debt to equity
1.85▲
2024 · 1.37
ROE
-222.9%▼
2024 · 10.8%
ROA
-78.1%▼
2024 · 4.6%
Interest coverage
-30.46▼
2024 · 23.29
Debt ≤ 1 year
€7k▼
2024 · €17k
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 · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€11k▼
Fixed assets21/28€14k€10k▼
Tangible fixed assets22/27€13k€10k▼
Furniture and vehicles24€13k€10k▼
Financial fixed assets28€400€400=
Current assets29/58€16k€1k▼
Amounts receivable within one year40/41€10k€378▼
Trade receivables40€10k-
Other amounts receivable41-€378
Cash at bank and in hand54/58€5k€182▼
Deferred charges and accrued income490/1€633€536▼
Equity and liabilities
Total equity and liabilities10/49€30k€11k▼
Equity10/15€13k€4k▼
Contributions10/11€34k€34k=
Profit (loss) carried forward14€-22k€-30k▼
Amounts payable17/49€17k€7k▼
Amounts payable within one year42/48€17k€7k▼
Trade debts44€11k€1k▼
Suppliers440/4€11k€1k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€5k€6k▲
Accrued charges and deferred income492/3-€37
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€604€2k▲
Gross operating margin9900€3k€-2k▼
Operating profit (loss)9901€1k€-9k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€124€161▲
Recurring financial charges65€124€161▲
Profit (loss) for the period before taxes9903€1k€-9k▼
Profit (loss) for the period9904€1k€-9k▼
Profit (loss) for the period to be appropriated9905€1k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-30k▼
Profit (loss) brought forward from the previous period14P€-23k€-22k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €500 | €500 | €500 | €1k | €4k | ▲ 169% |
| Other operating charges640/8 | €424 | €941 | €448 | €604 | €2k | ▲ 307% |
| Gross operating margin9900 | €1k | €469 | €10k | €3k | €-2k | ▼ 170% |
| Operating profit (loss)9901 | €288 | €-972 | €10k | €1k | €-9k | ▼ 676% |
| Financial income75/76B | - | - | - | €0 | €1 | ▲ 1,567% |
| Recurring financial income75 | - | - | - | €0 | €1 | ▲ 1,567% |
| Financial charges65/66B | €88 | €94 | €97 | €124 | €161 | ▲ 30.5% |
| Recurring financial charges65 | €88 | €94 | €97 | €124 | €161 | ▲ 30.5% |
| Profit (loss) for the period before taxes9903 | €200 | €-1k | €9k | €1k | €-9k | ▼ 739% |
| Profit (loss) for the period9904 | €200 | €-1k | €9k | €1k | €-9k | ▼ 739% |
| Profit (loss) for the period to be appropriated9905 | €200 | €-1k | €9k | €1k | €-9k | ▼ 739% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €3k | €20k | €30k | €11k | ▼ 62.7% |
| Fixed assets21/28 | €1k | €500 | - | €14k | €10k | ▼ 26.8% |
| Intangible fixed assets21 | €1k | €500 | - | - | - | - |
| Tangible fixed assets22/27 | - | - | - | €13k | €10k | ▼ 27.6% |
| Furniture and vehicles24 | - | - | - | €13k | €10k | ▼ 27.6% |
| Financial fixed assets28 | - | - | - | €400 | €400 | = |
| Current assets29/58 | €5k | €2k | €20k | €16k | €1k | ▼ 93.3% |
| Amounts receivable within one year40/41 | - | €1k | €2k | €10k | €378 | ▼ 96.3% |
| Trade receivables40 | - | €218 | €2k | €10k | - | - |
| Other amounts receivable41 | - | €785 | - | - | €378 | - |
| Cash at bank and in hand54/58 | €5k | €1k | €17k | €5k | €182 | ▼ 96.7% |
| Deferred charges and accrued income490/1 | - | - | - | €633 | €536 | ▼ 15.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €3k | €20k | €30k | €11k | ▼ 62.7% |
| Equity10/15 | €3k | €2k | €11k | €13k | €4k | ▼ 69.0% |
| Contributions10/11 | €34k | €34k | €34k | €34k | €34k | = |
| Profit (loss) carried forward14 | €-31k | €-32k | €-23k | €-22k | €-30k | ▼ 40.5% |
| Amounts payable17/49 | €3k | €613 | €8k | €17k | €7k | ▼ 58.1% |
| Amounts payable within one year42/48 | €3k | €613 | €8k | €17k | €7k | ▼ 58.3% |
| Trade debts44 | - | €180 | €4k | €11k | €1k | ▼ 89.8% |
| Suppliers440/4 | - | €180 | €4k | €11k | €1k | ▼ 89.8% |
| Taxes, remuneration and social security45 | - | - | €3k | €2k | - | - |
| Taxes450/3 | - | - | €3k | €2k | - | - |
| Other amounts payable47/48 | €3k | €433 | €986 | €5k | €6k | ▲ 28.1% |
| Accrued charges and deferred income492/3 | €348 | - | - | - | €37 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €200 | €-1k | €9k | €1k | €-9k | ▼ 739% |
| + Depreciation and write-downs630 | €500 | €500 | €500 | €1k | €4k | ▲ 169% |
| Operating cash flow (approximation) | €700 | €-566 | €10k | €3k | €-5k | ▼ 284% |
| Investment in fixed assets (approximation) | - | €0 | - | - | €0 | - |
| Change in cash | - | €-4k | €16k | €-12k | €-5k | ▲ 55.8% |
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
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.50
Current ratio from 0.47 to 1.50.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has 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
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, Eghezée · 1 establishment unit since 2014
Ground area
920 m²
Building footprint
130 m²
Parcel 92001B0062/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
RHINOV
since 20142.228.603.704
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92001B0062/00V000 | Wallonia | 920 m² | 1 · 129 m² | - |
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.
Similar companies · same sector, comparable size
Projects Etcetera
BE 0884.549.829
Gouvy · Eq €3,798
LES EPINOCHES
BE 0474.256.655
Bouillon · Eq €3,508
JUMPIN’ PARADISE
BE 1002.339.602
Dilbeek · Eq €3,041
GRADUS RENTALIS
BE 0763.943.492
Dilsen-Stokkem · Eq €5,458
PHILIPPE WEYKMANS SPRL
BE 0525.705.257
Welkenraedt · Eq €2,538
Of 977 companies in sector 77210 we hold annual accounts for 217. 72 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
Founded12-03-2014
Fiscal year end31-12
Activities, NACEBEL 2025
77210Renting and leasing of sports and recreation goods
77229Renting and leasing of other personal and household goods
Contact
E-mail
mikademolder@hotmail.comEghezée
Scores and ratios are computed by Checked and are not a credit decision.