RIBAGH
ActiveSummary
RIBAGH is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of RIBAGH were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €9,020 and a net result of €2,040. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 3320 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 3320 sector peers (2024).
NBB · sector comparisonPosition among 3320 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-11-2025, 121 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
121 d late
2023
122 d late
2022
151 d late
2021
151 d late
2020
516 d late
2019
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 197 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€9,020▲ 29.2%
2023 · €6,980
Net result
€2,040
2023 · -€8,173
Total assets
€116,808▼ 4.5%
2023 · €122,309
Solvency
7.7%▲ 2.0pp
2023 · 5.7%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,409▼ 32.8%€4,837▲ 9.7%-€86-€4,969▼ 5,687%€2,491
Net result€2,497▲ 13.1%€337▼ 86.5%€124▼ 63.1%-€8,173€2,040
Equity€14,141▲ 21.4%€14,478▲ 2.4%€15,152▲ 4.7%€6,980▼ 53.9%€9,020▲ 29.2%
Total assets€138,258▼ 5.5%€131,160▼ 5.1%€127,505▼ 2.8%€122,309▼ 4.1%€116,808▼ 4.5%
Debt€124,118▼ 7.8%€116,682▼ 6.0%€112,353▼ 3.7%€115,329▲ 2.6%€107,788▼ 6.5%
Working capital-€71,672▼ 1.8%-€78,920▼ 10.1%-€83,649▼ 6.0%-€103,883▼ 24.2%-€107,443▼ 3.4%
Solvency10.2%▲ 2.3pp11.0%▲ 0.8pp11.9%▲ 0.8pp5.7%▼ 6.2pp7.7%▲ 2.0pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €2,491 after a loss of €4,969 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €116,808
Fixed assets
€116,463 ▼ 3.9%
Current assets
€345 ▼ 67.6%
Equity and liabilities €116,808
Equity
€9,020 ▲ 29.2%
Debt
€107,788 ▼ 6.5%
Debt's share of the balance-sheet total falls from 94.3% to 92.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
22.6%▲
2023 · -117.1%
ROA
1.7%▲
2023 · -6.7%
Debt ≤ 1 year
€107,788▲
2023 · €104,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,009 | €7,009 | €5,059 | €4,783 | €4,783 | = |
| Other operating charges640/8 | €2,947 | €581 | €1,612 | €544 | €1,693 | ▲ 211% |
| Gross operating margin9900 | €14,365 | €12,426 | €6,586 | €357 | €8,966 | ▲ 2,411% |
| Operating profit (loss)9901 | €4,409 | €4,837 | -€86 | -€4,969 | €2,491 | ▲ 150% |
| Financial income75/76B | €2,000 | - | - | - | - | - |
| Recurring financial income75 | €2,000 | - | - | - | - | - |
| Financial charges65/66B | €3,099 | €1,799 | €673 | €1,959 | €451 | ▼ 77.0% |
| Recurring financial charges65 | €3,099 | €1,610 | €673 | €1,959 | €451 | ▼ 77.0% |
| Non-recurring financial charges66B | - | €189 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €3,310 | €3,037 | -€759 | -€6,928 | €2,040 | ▲ 129% |
| Income taxes67/77 | €813 | €2,700 | -€883 | €1,244 | - | - |
| Profit (loss) for the period9904 | €2,497 | €337 | €124 | -€8,173 | €2,040 | ▲ 125% |
| Profit (loss) for the period to be appropriated9905 | €2,497 | €337 | €124 | -€8,173 | €2,040 | ▲ 125% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138,258 | €131,160 | €127,505 | €122,309 | €116,808 | ▼ 4.5% |
| Fixed assets21/28 | €138,097 | €131,087 | €126,028 | €121,246 | €116,463 | ▼ 3.9% |
| Tangible fixed assets22/27 | €138,097 | €131,087 | €126,028 | €121,246 | €116,463 | ▼ 3.9% |
| Land and buildings22 | €135,593 | €130,811 | €126,028 | €121,246 | €116,463 | ▼ 3.9% |
| Furniture and vehicles24 | €1,950 | - | - | - | - | - |
| Other tangible fixed assets26 | €553 | €277 | - | - | - | - |
| Current assets29/58 | €162 | €73 | €1,477 | €1,063 | €345 | ▼ 67.6% |
| Cash at bank and in hand54/58 | €162 | €73 | €1,477 | €1,063 | €345 | ▼ 67.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138,258 | €131,160 | €127,505 | €122,309 | €116,808 | ▼ 4.5% |
| Equity10/15 | €14,141 | €14,478 | €15,152 | €6,980 | €9,020 | ▲ 29.2% |
| Contributions10/11 | €18,050 | €18,050 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | €18,050 | €18,050 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | €18,050 | €18,050 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €500 | €500 | €500 | €500 | €500 | = |
| Non-distributable reserves130/1 | €500 | €500 | €500 | €500 | €500 | = |
| Reserves not available under the articles1311 | €500 | €500 | €500 | €500 | €500 | = |
| Profit (loss) carried forward14 | -€4,409 | -€4,072 | -€3,948 | -€12,120 | -€10,080 | ▲ 16.8% |
| Amounts payable17/49 | €124,118 | €116,682 | €112,353 | €115,329 | €107,788 | ▼ 6.5% |
| Amounts payable after more than one year17 | €50,883 | €37,690 | €24,226 | €10,383 | - | - |
| Financial debts170/4 | €50,883 | €37,690 | €24,226 | €10,383 | - | - |
| Amounts payable within one year42/48 | €71,834 | €78,993 | €85,126 | €104,946 | €107,788 | ▲ 2.7% |
| Current portion of amounts payable after more than one year42 | €13,025 | €13,194 | €13,463 | €15,019 | €8,155 | ▼ 45.7% |
| Trade debts44 | €4,735 | €5,860 | €8,428 | €14,288 | €99 | ▼ 99.3% |
| Suppliers440/4 | €4,735 | €5,860 | €8,428 | €14,288 | €99 | ▼ 99.3% |
| Taxes, remuneration and social security45 | €1,395 | €1,747 | €864 | €431 | €164 | ▼ 62.0% |
| Taxes450/3 | €1,395 | €1,747 | €864 | €431 | €164 | ▼ 62.0% |
| Other amounts payable47/48 | €52,679 | €58,192 | €62,371 | €75,208 | €99,370 | ▲ 32.1% |
| Accrued charges and deferred income492/3 | €1,400 | - | €3,000 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,497 | €337 | €124 | -€8,173 | €2,040 | ▲ 125% |
| + Depreciation and write-downs630 | €7,009 | €7,009 | €5,059 | €4,783 | €4,783 | = |
| Operating cash flow (approximation) | €9,506 | €7,346 | €5,184 | -€3,390 | €6,822 | ▲ 301% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€89 | €1,404 | -€414 | -€718 | ▼ 73.7% |
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
2025
29-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 121 days late
2024
31-12
Financial
Back to profitnet €2,040
Net result €2,040 after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 122 days late
2023
31-12
Financial
Weakest financial yearnet -€8,173
Net result drops to -€8,173, the lowest in the series; recovery starts the following year.
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 151 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
29-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 516 days late
2020
31-12
Financial
Highest result since 2018net €2,497 ▲13.1%
Net result €2,497, the highest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 217 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 310 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ganshoren · 1 establishment unit since 2010
Ground area
270 m²
Building footprint
237 m²
Volume, LiDAR
5,072 m³
Parcel 21392B0026/00L008, Brussels · tallest building 24.9 m, ±7 floors. Linked by address, not a title deed.
16
companies at this address
See who is registered here
1 establishment unit
Grondwetlaan 49, 1083 Ganshoren
since 20102.190.258.416
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392B0026/00L008 | Brussels | 270 m² | 1 · 237 m² | 24.9 m · 7 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.
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Of 238 companies in sector 66290 we hold annual accounts for 146. 54 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
Founded29-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
66290Activities auxiliary to financial services and insurance activities
66220Insurance agents and brokers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0827009132
Also
9925:BE0827009132
Registered
06-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.