Rice Paper

Active

Private limited companyfounded 20242 yrs activeIJzerenleen 7, 2800 Mechelen, BelgiumKBO/BCE: BE 1006.177.040

Summary

The computed 12-month bankruptcy probability of Rice Paper is 3.5% (moderate). The 2025 annual accounts show equity of €33k and a net result of €29k. Its solvency ranks better than 77% of 13305 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

74 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+32

Solvency88▲+55

Growth78

Track record82

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €2k at 30 days acceptable

Liquidity ample (current ratio 1.85 against 1.48 in 2024; short-term debt: 37.4% and cash: 62% of total assets), and 37.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

62.6%

Return on assets

53.6%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

60 d early

2024

30 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€33k▲ 593%

2024 · €5k

2024: €5k

2024 → 2025

Total assets

€54k▼ 12.8%

2024 · €61k

2024: €61k

2024 → 2025

Net result

€29k

2024 · €-165

2024: €-165

2024 → 2025

Working capital

€17k▲ 22.2%

2024 · €14k

2024: €14k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€5k-€33k▲ 593%

Operating result€37-€36k▲ 98,499%

Net result€-165-€29k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 98,499% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €54k

30.9%

69.1%

Fixed assets €17k ▼ 10.3%

Current assets €37k ▼ 13.9%

Equity and liabilities €54k

62.6%

37.4%

Equity €33k ▲ 593%

Debt €20k ▼ 64.6%

Debt's share of the balance-sheet total falls from 92.1% to 37.4%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€39k▲

2024 · €3k

Cash flow

€32k▲

2024 · €2k

Current ratio

1.85▲

2024 · 1.48

Quick ratio

1.78▲

2024 · 1.43

Debt to equity

0.60▼

2024 · 11.69

ROE

85.6%▲

2024 · -3.4%

ROA

53.6%▲

2024 · -0.3%

Interest coverage

225.36▲

2024 · 12.77

Debt ≤ 1 year

€20k▼

2024 · €29k

Debt > 1 year

€0▼

2024 · €10k

Income taxes

€7k▲

2024 · €4

Staff costs

€16k▲

2024 · €8k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Balance sheet Code20242025

Assets

Total assets20/58€61k€54k▼

Fixed assets21/28€18k€17k▼

Tangible fixed assets22/27€11k€10k▼

Plant, machinery and equipment23€11k€9k▼

Furniture and vehicles24€566€347▼

Financial fixed assets28€7k€7k=

Current assets29/58€43k€37k▼

Stocks and contracts in progress3€1k€1k▼

Stocks30/36€1k€1k▼

Amounts receivable within one year40/41€25k€2k▼

Trade receivables40€23k€911▼

Other amounts receivable41€2k€1k▼

Cash at bank and in hand54/58€16k€33k▲

Deferred charges and accrued income490/1€120€422▲

Equity and liabilities

Total equity and liabilities10/49€61k€54k▼

Equity10/15€5k€33k▲

Contributions10/11€5k€5k=

Reserves13-€28k

Distributable reserves133-€28k

Profit (loss) carried forward14€-165€0▲

Amounts payable17/49€57k€20k▼

Amounts payable after more than one year17€10k€0▼

Financial debts170/4€10k€0▼

Amounts payable within one year42/48€29k€20k▼

Trade debts44€3k€5k▲

Suppliers440/4€3k€5k▲

Advances received on contracts in progress46€4k€0▼

Taxes, remuneration and social security45€4k€14k▲

Taxes450/3€499€9k▲

Remuneration and social security454/9€4k€5k▲

Other amounts payable47/48€18k€732▼

Accrued charges and deferred income492/3€17k€0▼

Income statement Code20242025

Remuneration, social security and pensions62€8k€16k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲

Other operating charges640/8€4k€5k▲

Gross operating margin9900€15k€61k▲

Operating profit (loss)9901€37€36k▲

Financial income75/76B€1€8▲

Recurring financial income75€1€8▲

Financial charges65/66B€199€175▼

Recurring financial charges65€199€175▼

Profit (loss) for the period before taxes9903€-161€36k▲

Income taxes67/77€4€7k▲

Profit (loss) for the period9904€-165€29k▲

Profit (loss) for the period to be appropriated9905€-165€29k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-165€28k▲

Profit (loss) brought forward from the previous period14P-€-165

Transfer to equity691/2-€28k

To other reserves6921-€28k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 3Financial 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

01-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Back to profitnet €29k

Net result €29k after one loss-making year.

01-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Mechelen · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

IJzerenleen 72800 Mechelen

Ground area

57 m²

Building footprint

57 m²

Volume, LiDAR

623 m³

Parcel 12025D0065/00B000, Flanders · tallest building 17.7 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

Rice Paper

IJzerenleen 7, 2800 MechelenManufacture of food products

since 20242.356.133.859

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12025D0065/00B000	Flanders	57 m²	1 · 57 m²	17.7 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Mechelen2.356.133.859

1 permission

Toelating · Eetgelegenheid · since 12-03-2024

Similar companies · same sector, comparable size

Sint-Pieters-Leeuw · Eq €33,515

MIC MAC ATLAS

BE 0883.951.892

Antwerpen · Eq €33,520

NATALE

BE 0869.628.952

Antwerpen · Eq €33,461

Of 21,888 companies in sector 56112 we hold annual accounts for 9,780. 8,435 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-02-2024

Fiscal year end31-12

Activities, NACEBEL 2025

56112Limited-service restaurants, excluding mobile food services

56210Event catering

10850Manufacture of food products

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.