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RIC

Active
Private limited companyfounded 198640 yrs activePresident Kennedypark(Kor) 6, 8500 Kortrijk, BelgiumKBO/BCE: BE 0428.603.012
Summary

RIC has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €343,870. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 51% of 825 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
RICActiveChecked score 95/100
Risk analysis ReportCompare

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121Other technical testing and analysis NACE 71209NACE 74203
#3 company by staff growth in West Flanders, Architecture and engineering sector3 sites
Size
€14.6mturnover 2025
Staff
66.6 FTE
Equity
€5.3m
Profit
€343,870
Financial health
95 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Largest shareholder
CIMA Consultancy · 50%
Accounts filed 26 d late0 of 6 deeds read
Why 95- 3 establishment units+ Sector Architectural and engineering activities; technical testing and analysis (NACE 71)+ Founded in 1986+ Equity €5.3m (43.7% of total assets)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 64% of its sector peers (NACE 71, medium-sized)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 69+2
equity 43.7% of total assets
Liquidity 51+1
short-term debt 25.4% · cash 8.1%
Profitability 68-3
return on assets 2.8%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (162 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +7.6% vs 12-2024 02-2025: 0.1%▲ +11.0% vs 01-2025 03-2025: 0.2%▲ +7.1% vs 02-2025 04-2025: 0.2%▲ +11.3% vs 03-2025 05-2025: 0.3%▲ +69.6% vs 04-2025highest value 06-2025: 0.3%▼ -11.2% vs 05-2025 07-2025: 0.3%● 0.0% vs 06-2025 08-2025: 0.3%▲ +3.2% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%▼ -3.8% vs 10-2025 12-2025: 0.1%▼ -57.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +3.7% vs 01-2026 03-2026: 0.1%▲ +0.9% vs 02-2026 04-2026: 0.1%▲ +27.4% vs 03-2026 05-2026: 0.3%▲ +76.4% vs 04-2026 06-2026: 0.1%▼ -58.3% vs 05-2026lowest value 07-2026: 0.1%● 0.0% vs 06-2026lowest value 08-2026: 0.1%● 0.0% vs 07-2026lowest value 09-2026: 0.1%● 0.0% vs 08-2026lowest value 10-2026: 0.1%● 0.0% vs 09-2026lowest value
  • Sector Architectural and engineering activities; technical testing and analysis (NACE 71) lowers the probability
  • Founded in 1986 lowers the probability for this profile
  • Equity €5.3m (43.7% of total assets) lowers the probability
  • 3 establishment units raises the probability
Credit up to €500,000 at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.26 in 2024; short-term debt: 25.4% and cash: 8.1% of total assets), and 56.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 71, medium-sized). Better than this share of them on solvency 59%, liquidity 72%, profitability 61%, growth against the median 62%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Sector Architectural and engineering activities; technical testing and analysis (NACE 71)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Founded in 1986
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €5.3m (43.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 3 establishment units
In the bankruptcy model this factor raises the probability.
KBO · seat and establishments
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-05-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
1 d early
2023
1 d early
2022
2 d early
2021
on the day
2020
on the day
2019
7 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet €343,870 ▼27.7%
  3. Equity above €5mEq €5.3m ▲6.9%

Key points

  • Positive: Company by staff growth in West Flanders, Architecture…in the Checked rankings #3 View
  • Positive: 7 profitable years in a rowprofit 2025: €343,870 7 years View
  • Caution: Result fell in 2025from €475,396 to €343,870 ▼ 27.7% View
  • Flemish supportawarded 2022 - 2025 €305,086 View

By topic

Financials

Fiscal year
2025
Turnover
€14.6m
Profit
€343,870
Solvency
43.7%
Turnover▲ 8.9%
Net result
20242025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 30-04-2027
  1. 26-05-2026Annual accounts filed
  2. 30-09-2025Weakest financial year
  3. 30-09-2025Equity above €5m
Go to Timeline

Company details

Sites
3
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
05-03-1986
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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