Equity
€68,935 ▲ 5.2%
RIBAS has made a profit without a break since 2019.
RIBAS
Lifetime
15 annual accounts with figures on one time axispeak €35,687 (2017)
€5,489▼ 31.0%
lowest -€19,379 (2015)
€3,437▼ 30.4%
peak €68,935 (2025)
€68,935▲ 5.2%
€6,670▼ 93.8%
Board2 names since 2023
1 directorBASALTIN ISMAIL
Documentsfilings and deeds
19-12-202543 days before the deadline
2025micro format
Gross margin from €7,959 to €5,489Result from €4,938 to €3,437Debts from €108,113 to €6,670
Key points
from the 2025 annual accountsTurnover
≈ €37,000 estimated
The micro format states no turnover.
Investments
€2,486 8.0 × depreciation
Green is investment, beige is depreciation.
Liquidity
11.01 was 1.61 in 2024
Short-term debts fell from €108,113 to €6,670.
Filings
15 annual accounts since 2011
The 2017 accounts came 89 days late. The other nine of the last ten were filed on time.
Position in the sector
91.2%
Higher solvency than 95% of companies in retail trade. Sector median 33.1% · 22,917 companies.
Checked score
97
Excellent
Financially stronger than 76% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.2%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.1%▼ -0.1 percentage points vs 11-2025
01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: total assets €75,605
lowers risk
Liquidity: current ratio 11.01, cash €42,929
Equity €68,935 (91.2% of total assets)
Founded in 2009
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 99% on liquidity, 60% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as RIBAS has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of RIBAS itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for RIBAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 11.01 (1.61 in 2024), above the usual 1.5. Short-term debt is 8.8% and cash 56.8% of total assets. 8.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
37 days early
2023
47 days early
2022
22 days early
2021
3 days early
2020
23 days early
2019
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 26 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0821747970
Company renamed from DOGAN R. to RIBAS
Resignation: BASALTIN Ismayil (director) · Reappointment: BASALTIN Ismayil (director) · Permanent representative: BASALTIN Ismayil · General meeting of 23-10-2023 · Gazette deed
First establishment
PHONEBASE, Koolmijnlaan 108, Heusden-Zolder
Incorporation
published on 28-12-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RIBAS Heusden-Zolder | €75,605 | €5,489 | 91.2% | - |
| SD-Ict Tongeren-Borgloon | €56,048 | €3,558 | 53.8% | - |
| VTEK SYSTEMS Kortenberg | €94,376 | €4,347 | 34.3% | - |
| PC2DAY KALMTHOUT Kalmthout | €63,483 | €4,839 | 27.9% | - |
| IBL Lochristi | €72,563 | €8,053 | 23.7% | - |
| PROXI-NAT Yvoir | €113,631 | €6,316 | 70.5% | - |
| ATLAS COMMUNICATION Sint-Gillis (bij-Brussel) | €54,513 | €4,176 | 92.1% | - |
These companies have the same main activity as RIBAS: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €54,500 and €114,000, founded between 2007 and 2012.
Official details
Source: KBO- Status
- Active since 23-12-2009Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400
- Establishment unit
- 2.183.939.5583550 Heusden-Zolder, since 01-01-2010
- Financial year end
- 30 June
- Peppol
- Reachable since 12-12-2024
Annual accounts to 30-06-2025
- €75,605▼ 56.5%
- Filing
- Filed on 19-12-2025, 43 days before the end of the filing period
Insights on RIBAS
RIBAS files the micro format. That format states no turnover. The gross margin fell from €12,606 in 2011 to €5,489 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RIBAS
- What is the company number of RIBAS?
- The company number of RIBAS is 0821.747.970. The VAT number is the same number with BE in front: BE 0821.747.970.
- Where is RIBAS based?
- The registered office is at Koolmijnlaan 108, 3550 Heusden-Zolder.Company details
- What does RIBAS do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of RIBAS?
- RIBAS is a private limited company (BV).
- When was RIBAS founded?
- RIBAS was founded on 23-12-2009.
- Is RIBAS still active?
- Yes, RIBAS is an active enterprise in the KBO register.
- What is the turnover of RIBAS?
- The turnover in financial year 2025 is ≈ €37,000. This figure is estimated from the gross margin of €5,489 and 37 comparable companies (NACE 47400). It probably lies between €22,000 and €67,000. It is a rough estimate.Financials
- Is RIBAS profitable?
- In financial year 2025, RIBAS made a profit of €3,437.
- Where can I find the annual accounts of RIBAS?
- RIBAS filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RIBAS due?
- RIBAS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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