RHINOVA
ActiveRHINOVA has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-35k. Equity is shrinking by ~44.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-62
Solvency0▼-45
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 1.22 in 2024; short-term debt: 149.4% and cash: 0.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-49.4%
Return on assets
-230.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
222425
2022 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
92 d late
2022
31 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7k
2024 · €27k
2022: €29k
2024: €27k
2022 → 2025
Total assets
€15k▼ 89.1%
2024 · €139k
2022: €52k
2024: €139k
2022 → 2025
Net result
€-35k
2024 · €888
2022: €19k
2024: €888
2022 → 2025
Working capital
€-10k
2024 · €24k
2022: €21k
2024: €24k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220242025Trend
Equity€29k-€27k▼ 5.9%€-7k
Operating result€24k-€2k▼ 93.2%€-34k
Net result€19k-€888▼ 95.4%€-35k
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 €34k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€2k▼ 31.3%
Current assets
€13k▼ 90.5%
Key figures and ratios
EBITDA
€-33k▼
2024 · €3k
Cash flow
€-34k▼
2024 · €2k
Solvency
-49.4%▼
2024 · 19.7%
Current ratio
0.57▼
2024 · 1.22
Quick ratio
0.57▼
2024 · 1.22
Debt / equity
-3.02▼
2024 · 4.08
ROA
-230.4%▼
2024 · 0.6%
Interest coverage
-45.43▼
2024 · 5.08
Debt
€23k▼
2024 · €112k
Debt ≤ 1 year
€23k▼
2024 · €112k
Income taxes
€0▼
2024 · €236
Staff costs
€37
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€139k€15k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€250€250=
Current assets29/58€136k€13k▼
Amounts receivable within one year40/41€114k€13k▼
Trade receivables40€104k€10k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€22k€123▼
Deferred charges and accrued income490/1€125€60▼
Equity and liabilities
Total equity and liabilities10/49€139k€15k▼
Equity10/15€27k€-7k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€17k€-17k▼
Amounts payable17/49€112k€23k▼
Amounts payable within one year42/48€112k€23k▼
Trade debts44€106k€2k▼
Suppliers440/4€106k€2k▼
Advances received on contracts in progress46€339€339=
Taxes, remuneration and social security45€5k€5k=
Taxes450/3€4k€4k=
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48-€15k
Income statement
Code20242025
Remuneration, social security and pensions62-€37
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€927€1k▲
Other operating charges640/8€445€10k▲
Gross operating margin9900€3k€-23k▼
Operating profit (loss)9901€2k€-34k▼
Financial income75/76B€0€217▲
Recurring financial income75€0€217▲
Financial charges65/66B€502€735▲
Recurring financial charges65€502€735▲
Profit (loss) for the period before taxes9903€1k€-35k▼
Income taxes67/77€236€0▼
Profit (loss) for the period9904€888€-35k▼
Profit (loss) for the period to be appropriated9905€888€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-17k▼
Profit (loss) brought forward from the previous period14P€17k€17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-35k ▼4031%
Net result drops to €-35k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 92 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2021
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.
Groot-Bijgaardenstraat 151600 Sint-Pieters-LeeuwGround area
5,762 m²
Building footprint
3,920 m²
Volume, LiDAR
18,317 m³
Parcel 23077A0160/00P026, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RHINOVA
since 20212.318.067.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0160/00P026 | Flanders | 5,762 m² | 1 · 3,920 m² | 10.2 m · 2 fl. |
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.
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 14,057 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
62020IT consultancy
62200Computer consultancy and computer facilities management
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.