RIBBON
ActiveSummary
RIBBON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96k and a net result of €690. Equity is growing by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 36% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▼-3
Solvency64▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.77 in 2023; short-term debt: 57.5% and cash: 54.8% of total assets), but 61% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
39%
Return on assets
0.3%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
7 d early
2022
28 d early
2021
33 d early
2020
33 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€96k▼ 4.3%
2023 · €101k
2018: €36klowest in 7 years
2019: €41k▲ +12.7% vs 2018
2020: €57k▲ +40.3% vs 2019
2021: €82k▲ +44.7% vs 2020
2022: €95k▲ +14.7% vs 2021
2023: €101k▲ +6.4% vs 2022highest in 7 years
2024: €96k▼ -4.3% vs 2023
2018 → 2024
Total assets
€247k▲ 1.9%
2023 · €242k
2018: €101klowest in 7 years
2019: €134k▲ +32.4% vs 2018
2020: €147k▲ +10.2% vs 2019
2021: €179k▲ +21.9% vs 2020
2022: €202k▲ +12.6% vs 2021
2023: €242k▲ +19.9% vs 2022
2024: €247k▲ +1.9% vs 2023highest in 7 years
2018 → 2024
Net result
€690▼ 88.6%
2023 · €6k
2018: €19k
2019: €3k▼ -83.8% vs 2018
2020: €16k▲ +431% vs 2019
2021: €25k▲ +55.8% vs 2020highest in 7 years
2022: €12k▼ -52.5% vs 2021
2023: €6k▼ -49.9% vs 2022
2024: €690▼ -88.6% vs 2023lowest in 7 years
2018 → 2024
Working capital
€82k▼ 9.1%
2023 · €90k
2018: €16k
2019: €-495▼ -103% vs 2018lowest in 7 years
2020: €22k▲ +4637% vs 2019
2021: €50k▲ +123% vs 2020
2022: €48k▼ -3.5% vs 2021
2023: €90k▲ +87.0% vs 2022highest in 7 years
2024: €82k▼ -9.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€57k-€82k▲ 44.7%€95k▲ 14.7%€101k▲ 6.4%€96k▼ 4.3%
2020: €57klowest in 5 years
2021: €82k▲ +44.7% vs 2020
2022: €95k▲ +14.7% vs 2021
2023: €101k▲ +6.4% vs 2022highest in 5 years
2024: €96k▼ -4.3% vs 2023
Operating result€22k-€38k▲ 69.0%€17k▼ 55.4%€12k▼ 27.4%€5k▼ 61.6%
2020: €22k
2021: €38k▲ +69.0% vs 2020highest in 5 years
2022: €17k▼ -55.4% vs 2021
2023: €12k▼ -27.4% vs 2022
2024: €5k▼ -61.6% vs 2023lowest in 5 years
Net result€16k-€25k▲ 55.8%€12k▼ 52.5%€6k▼ 49.9%€690▼ 88.6%
2020: €16k
2021: €25k▲ +55.8% vs 2020highest in 5 years
2022: €12k▼ -52.5% vs 2021
2023: €6k▼ -49.9% vs 2022
2024: €690▼ -88.6% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 62% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets
€23k ▼ 35.3%
Current assets
€224k ▲ 8.3%
Equity and liabilities €247k
Equity
€96k ▼ 4.3%
Debt
€151k ▲ 6.4%
Debt's share of the balance-sheet total rises from 58.5% to 61.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€14k▼
2023 · €23k
Cash flow
€10k▼
2023 · €17k
Current ratio
1.58▼
2023 · 1.77
Debt to equity
1.57▲
2023 · 1.41
ROE
0.7%▼
2023 · 6.0%
ROA
0.3%▼
2023 · 2.5%
Interest coverage
13.76▼
2023 · 72.01
Debt ≤ 1 year
€142k▲
2023 · €117k
Debt > 1 year
€9k▼
2023 · €25k
Income taxes
€3k▼
2023 · €6k
Staff costs
€255k▼
2023 · €310k
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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €156k | €252k | €310k | €255k | ▼ 17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €10k | €11k | €9k | ▼ 16.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €2k | - | - | - |
| Other operating charges640/8 | - | €499 | €502 | €552 | €531 | ▼ 3.8% |
| Gross operating margin9900 | €119k | €202k | €281k | €334k | €270k | ▼ 19.3% |
| Operating profit (loss)9901 | €22k | €38k | €17k | €12k | €5k | ▼ 61.6% |
| Financial income75/76B | - | €21 | €458 | €52 | €122 | ▲ 136% |
| Recurring financial income75 | €2 | €21 | €458 | €52 | €122 | ▲ 136% |
| Financial charges65/66B | - | €903 | €174 | €323 | €1k | ▲ 213% |
| Recurring financial charges65 | €860 | €903 | €174 | €323 | €1k | ▲ 213% |
| Profit (loss) for the period before taxes9903 | €21k | €37k | €17k | €12k | €4k | ▼ 68.2% |
| Income taxes67/77 | €5k | €11k | €5k | €6k | €3k | ▼ 47.0% |
| Profit (loss) for the period9904 | €16k | €25k | €12k | €6k | €690 | ▼ 88.6% |
| Profit (loss) for the period to be appropriated9905 | €16k | €25k | €12k | €6k | €690 | ▼ 88.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147k | €179k | €202k | €242k | €247k | ▲ 1.9% |
| Fixed assets21/28 | €50k | €47k | €46k | €35k | €23k | ▼ 35.3% |
| Intangible fixed assets21 | €49k | €42k | €35k | €28k | €21k | ▼ 25.0% |
| Tangible fixed assets22/27 | €798 | €5k | €8k | €4k | €2k | ▼ 55.9% |
| Furniture and vehicles24 | - | €5k | €8k | €4k | €1k | ▼ 64.7% |
| Other tangible fixed assets26 | - | - | €550 | €550 | €550 | = |
| Financial fixed assets28 | - | €880 | €3k | €3k | €105 | ▼ 96.8% |
| Current assets29/58 | €98k | €132k | €156k | €207k | €224k | ▲ 8.3% |
| Amounts receivable within one year40/41 | €35k | €111k | €73k | €101k | €88k | ▼ 12.6% |
| Trade receivables40 | - | €111k | €71k | €99k | €88k | ▼ 11.5% |
| Other amounts receivable41 | - | €0 | €2k | €2k | €411 | ▼ 75.9% |
| Current investments50/53 | €61k | €19k | - | - | - | - |
| Cash at bank and in hand54/58 | - | - | €73k | €81k | €136k | ▲ 66.8% |
| Deferred charges and accrued income490/1 | - | €3k | €10k | €25k | €856 | ▼ 96.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147k | €179k | €202k | €242k | €247k | ▲ 1.9% |
| Equity10/15 | €57k | €82k | €95k | €101k | €96k | ▼ 4.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €17k | €30k | €30k | €30k | €25k | ▼ 16.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €28k | €28k | €30k | €25k | ▼ 16.5% |
| Profit (loss) carried forward14 | €22k | €34k | €46k | €52k | €52k | ▲ 1.3% |
| Amounts payable17/49 | €90k | €97k | €108k | €142k | €151k | ▲ 6.4% |
| Amounts payable after more than one year17 | €15k | €15k | - | €25k | €9k | ▼ 65.4% |
| Financial debts170/4 | - | €15k | - | €25k | €9k | ▼ 65.4% |
| Amounts payable within one year42/48 | €75k | €82k | €108k | €117k | €142k | ▲ 21.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €8k | - |
| Trade debts44 | €10k | €13k | €14k | €57k | €49k | ▼ 12.5% |
| Suppliers440/4 | - | €13k | €14k | €57k | €49k | ▼ 12.5% |
| Taxes, remuneration and social security45 | - | €37k | €63k | €51k | €78k | ▲ 54.1% |
| Taxes450/3 | - | €11k | €14k | €9k | €29k | ▲ 210% |
| Remuneration and social security454/9 | - | €26k | €48k | €41k | €49k | ▲ 18.6% |
| Other amounts payable47/48 | - | €32k | €31k | €9k | €6k | ▼ 36.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €25k | €12k | €6k | €690 | ▼ 88.6% |
| + Depreciation and write-downs630 | €8k | €8k | €10k | €11k | €9k | ▼ 16.9% |
| Operating cash flow (approximation) | €24k | €34k | €22k | €17k | €10k | ▼ 42.2% |
| Investment in fixed assets (approximation) | - | €-6k | €-9k | €-125 | €3k | ▲ 2,660% |
| Change in cash | - | - | - | €8k | €54k | ▲ 590% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €690 ▼88.6%
Net result drops to €690, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €101k ▲6.4%
6 profitable years in a row build equity to €101k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €25k ▲55.8%
Operating result €38k, net result €25k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Oudergem · 1 establishment unit since 2018
Ground area
208 m²
Building footprint
207 m²
Volume, LiDAR
2,178 m³
Parcel 21002A0170/00E004, Brussels · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
76
companies at this address
See who is registered here
1 establishment unit
RIBBON
since 20182.275.190.923
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0170/00E004 | Brussels | 208 m² | 1 · 207 m² | 14.9 m · 4 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 13,417 companies in sector 73300 we hold annual accounts for 6,896. 5,616 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
Founded17-04-2018
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
18130Pre-press and pre-media services
56210Event catering
70200Business and other management consultancy
82300Organisation of conventions and trade shows
Contact
E-mail
hello@ribbonagency.beOudergem
Phone
0475336903Oudergem
Scores and ratios are computed by Checked and are not a credit decision.