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RICARDO & CIE

Active
Private limited companyfounded 2017active for 9 yearsRue de Marchienne(GOZ) 71, 6534 Thuin, BelgiumKBO/BCE: BE 0682.824.966
Summary

RICARDO & CIE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83,584 and a net result of €509. Equity has been growing by about 8.8% per year since 2018. Its solvency ranks better than 86% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 12-10-2017 Normal situation
Activity
Other retail sale of food NACE 47279and 1 other
Establishment unit
2.269.268.181 6534 Thuin, since 12-10-2017
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Board
  • MANNA RicardoDirector · since 31-10-2017

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€60,172
▲ 15.6%
Turnover
≈ €460,000
estimated
Profit
€509
Equity
€83,584
▲ 0.6%
Total assets
€108,629
▲ 0.8%
Staff
≈ 1.3 FTE
estimated
  • 2025 accounts filed 4 days after the deadline
Filed on 04-08-2026
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskLiquidity: current ratio 4.20, cash €52,693Equity €83,584 (76.9% of total assets)Figures for financial year 2025 (filed on 12-08-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 64% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 76.9% of total assets
Liquidity 92=
short-term debt 23.1% · cash 48.5%
Profitability 37+3
return on assets 0.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.1% 01-2025: < 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 0.1%▲ +0.1 percentage points 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: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged 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 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.2 (4.19 in 2024), above the usual 1.5. Short-term debt is 23.1% and cash 48.5% of total assets. 23.1% of the assets are financed with debt and provisions.
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, 92% on liquidity, 28% on profitability and 41% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 4.20, cash €52,693
NBB · annual accounts
lowers risk · Equity €83,584 (76.9% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Figures for financial year 2025 (filed on 12-08-2026)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filings
Deviation from the deadline
2025
4 days late
2024
65 days early
2023
42 days early
2022
69 days early
2021
52 days early
2020
31 days early
2019
40 days late
← 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 31 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 85% of companies in retail tradesector median 33.2% · 22,726 companies 76.9% View

Recent changes

  1. · Gazette deed Resignation: Ricardo (manager)Reappointment: Ricardo (director)
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as RICARDO & CIE: other retail sale of food (NACE 47279). They are comparable in size and age: total assets between €101,000 and €127,000, founded between 2015 and 2019.

CompanyTotal assetsGross margin
RICARDO & CIE Thuin€108,629€60,172
TAYAB TRADE Chapelle-lez-Herlaimont€114,264€44,900
ALOM Zemst€125,856€58,791
MARECONVERSION Waterloo€100,917€70,688
AKSIR Mouscron€115,725€52,366
DELISANA Beringen€116,619€81,141
GEZONDIGD Hasselt€126,582€67,765
Full comparison

Key facts about RICARDO & CIE

What is the company number of RICARDO & CIE?
The company number of RICARDO & CIE is 0682.824.966. The VAT number is the same number with BE in front: BE 0682.824.966.
Where is RICARDO & CIE based?
The registered office is at Rue de Marchienne(GOZ) 71, 6534 Thuin.Company details
What does RICARDO & CIE do?
According to the KBO register, the main activity is other retail sale of food (NACE 47279).
What is the legal form of RICARDO & CIE?
The legal form of RICARDO & CIE is Private limited company (BV).
When was RICARDO & CIE founded?
RICARDO & CIE was founded on 12-10-2017.
Is RICARDO & CIE still active?
Yes, RICARDO & CIE is an active enterprise in the KBO register.
What is the turnover of RICARDO & CIE?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €60,172 and 45 comparable companies (NACE 472). It probably lies between €260,000 and €610,000.Financials
Is RICARDO & CIE profitable?
In financial year 2025, RICARDO & CIE made a profit of €509.
Where can I find the annual accounts of RICARDO & CIE?
RICARDO & CIE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RICARDO & CIE due?
RICARDO & CIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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