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Rhizome

Active Risk: very low
Non-profit associationfounded 199927 yrs activeRue de la Ferme 40, 4400 Flémalle, BelgiumKBO/BCE: BE 0470.084.665
Summary

Rhizome has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2020 annual accounts show equity of €97,146 and a net result of -€1,592. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Axes, FY 2020
Profitability20
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2020
Solvency, return and age of the figures
Solvency
96.7%
Return on assets
-1.6%
Age of the figures
69 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 27 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 25-06-2021, 36 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2020
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2020 accounts 36 days before the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Checked, nothing found (1)
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

History

On 17 September 1999, Rhizome was incorporated.1 The company has filed annual accounts once, for fiscal year 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020

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Financials · fiscal year 2020, full schema

Turnover
€27,046
EBIT margin
-5.8%
Net result
-€1,592
Working capital
€96,502
Balance-sheet composition
Assets €100,413
Fixed assets €644
Current assets €99,769
Equity and liabilities €100,413
Equity €97,146
Debt €3,267
Debt finances 3.3% of the balance-sheet total.
Key figures and ratios
2020 value
EBITDA
-€934
Cash flow
-€948
Current ratio
30.54
Quick ratio
26.74
ROE
-1.6%
ROA
-1.6%
Debt ≤ 1 year
€3,267
Annual accounts
Filed annual accounts As filed with the NBB · 2020 · 22 lines
Balance sheet Code2020
Assets
Total assets20/58€100,413
Fixed assets21/28€644
Intangible fixed assets21€0
Tangible fixed assets22/27€644
Current assets29/58€99,769
Stocks and contracts in progress3€12,396
Amounts receivable within one year40/41€2,705
Cash at bank and in hand54/58€84,668
Equity and liabilities
Total equity and liabilities10/49€100,413
Equity10/15€97,146
Profit (loss) carried forward14€0
Amounts payable17/49€3,267
Amounts payable within one year42/48€3,267
Trade debts44€0
Income statement Code2020
Turnover70€27,046
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€644
Gross operating margin9900-€934
Operating profit (loss)9901-€1,578
Recurring financial charges65€14
Profit (loss) for the period before taxes9903-€1,592
Profit (loss) for the period9904-€1,592
Profit (loss) for the period to be appropriated9905-€1,592
Line2020
Turnover70€27,046
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€644
Gross operating margin9900-€934
Operating profit (loss)9901-€1,578
Recurring financial charges65€14
Profit (loss) for the period before taxes9903-€1,592
Profit (loss) for the period9904-€1,592
Profit (loss) for the period to be appropriated9905-€1,592
Line2020
Assets
Total assets20/58€100,413
Fixed assets21/28€644
Intangible fixed assets21€0
Tangible fixed assets22/27€644
Current assets29/58€99,769
Stocks and contracts in progress3€12,396
Amounts receivable within one year40/41€2,705
Cash at bank and in hand54/58€84,668
Equity and liabilities
Total equity and liabilities10/49€100,413
Equity10/15€97,146
Profit (loss) carried forward14€0
Amounts payable17/49€3,267
Amounts payable within one year42/48€3,267
Trade debts44€0
Line2020
Profit (loss) for the period9904-€1,592
+ Depreciation and write-downs630€644
Operating cash flow (approximation)-€948

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
17-07
State Gazette act Resignations: Jacques VANHAVERBEKE (director) and VAN HOYE Pierre (daily management delegate)
3 facts ▸
  • Director resignation, Jacques VANHAVERBEKE (director)
  • Board meeting, 07-07-2026
  • Director resignation, VAN HOYE Pierre (daily management delegate)
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Flémalle
exact location from the address register On OpenStreetMap
Ground area
381 m²
Building footprint
45 m²
Volume, LiDAR
312 m³
Parcel 62036A0168/00F004, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62036A0168/00F004 Wallonia 381 m² 1 · 44 m² 8.1 m · 2 fl.
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.

Mandate history

2 people since 2026, 0 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
VAN HOYE Pierre
  • Daily management delegate, until 07-07-2026
Jacques VANHAVERBEKE
  • Director, until 24-05-2026
See the board, name and seat on a given date →

Identification & contact

Identification
Legal formNon-profit association
Founded17-09-1999
Fiscal year end31-12
Contact
Website www.educ.be
E-mail rhizome.asbl@gmail.com
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.