RIADATA SYSTEMS
ActiveRIADATA SYSTEMS has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51k and a net result of €-30k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 13% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-50
Solvency33▼-7
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.89 against 0.92 in 2024; short-term debt: 88.2% of total assets), and 92.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
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
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
7.9%
Return on assets
-4.7%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 17022 sector peers (2025).
NBB · sector comparisonPosition among 17022 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d early
2023
31 d late
2022
232 d late
2021
31 d early
2020
19 d late
2019
69 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€177k
EBIT margin
1.1%
Net result
€-30k
2024 · €3k
2018: €433
2019: €-1k
2020: €11k
2021: €-17k
2022: €-40k
2023: €6k
2024: €3k
2018 → 2025
Working capital
€-62k▼ 83.0%
2024 · €-34k
2018: €30k
2019: €27k
2020: €38k
2021: €-28k
2022: €-46k
2023: €-39k
2024: €-34k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€72k▼ 35.4%€78k▲ 7.6%€81k▲ 4.0%€51k▼ 37.2%
Operating result€-28k-€-8k▲ 71.8%€10k€19k▲ 94.4%€-28k
Net result€-17k-€-40k▼ 128%€6k€3k▼ 43.3%€-30k
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 €28k after €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €644k
Fixed assets
€138k▼ 1.3%
Current assets
€505k▲ 32.1%
Equity and liabilities €644k
Equity
€51k▼ 37.2%
Debt
€593k▲ 34.2%
The debt ratio rises from 84.5% to 92.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-26k▼
2024 · €21k
Cash flow
€-28k▼
2024 · €5k
Solvency
7.9%▼
2024 · 15.5%
Current ratio
0.89▼
2024 · 0.92
Quick ratio
0.89▼
2024 · 0.92
Debt / equity
11.68▲
2024 · 5.46
ROE
-59.3%▼
2024 · 3.9%
ROA
-4.7%▼
2024 · 0.6%
Interest coverage
-15.63▼
2024 · 5.22
Debt
€593k▲
2024 · €442k
Debt ≤ 1 year
€568k▲
2024 · €417k
Debt > 1 year
€25k=
2024 · €25k
Income taxes
€206▼
2024 · €12k
Staff costs
€57▲
2024 · €-983
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€522k€644k▲
Fixed assets21/28€140k€138k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Financial fixed assets28€135k€135k=
Current assets29/58€382k€505k▲
Amounts receivable after more than one year29€20k€20k=
Trade receivables290€20k€20k=
Amounts receivable within one year40/41€362k€485k▲
Trade receivables40€274k€394k▲
Other amounts receivable41€88k€91k▲
Equity and liabilities
Total equity and liabilities10/49€522k€644k▲
Equity10/15€81k€51k▼
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Reserves13€26k€26k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€23k€-7k▼
Amounts payable17/49€442k€593k▲
Amounts payable after more than one year17€25k€25k=
Financial debts170/4€25k€25k=
Amounts payable within one year42/48€417k€568k▲
Financial debts43€10k-
Credit institutions430/8€10k-
Trade debts44€29k€184k▲
Suppliers440/4€29k€184k▲
Advances received on contracts in progress46€258k€258k=
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€114k€121k▲
Income statement
Code20242025
Remuneration, social security and pensions62€-983€57▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€10k€1k▼
Gross operating margin9900€30k€-25k▼
Operating profit (loss)9901€19k€-28k▼
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€15k€-30k▼
Income taxes67/77€12k€206▼
Profit (loss) for the period9904€3k€-30k▼
Profit (loss) for the period to be appropriated9905€3k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-7k▼
Profit (loss) brought forward from the previous period14P€20k€23k▲
The notes to these accounts (5 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
18-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 232 days late
30-09
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2022
30-09
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
21-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 150 days late
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
07-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Gent · 1 establishment unit since 1989
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.
Deinse Horsweg 659031 GentGround area
725 m²
Building footprint
181 m²
Volume, LiDAR
808 m³
Parcel 44017C0838/00H000, Flanders · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RIADATA SYSTEMS NV
since 19892.043.784.555
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0838/00H000 | Flanders | 725 m² | 1 · 181 m² | 5.9 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 16,886 companies in sector 62100 we hold annual accounts for 8,777. 6,812 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-06-1989
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
72220
Sources
Crossroads Bank for EnterprisesNational Bank · 36 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.
Contact details
2 entriesE-mail:management@riadata-systems.com
Phone:+32474950712