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RICE POTATO

Active
Private limited companyfounded 20188 yrs activeGroenstraat 23, 3001 Leuven, BelgiumKBO/BCE: BE 0689.848.360

RICE POTATO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €6k. Equity is growing by ~26.7% per year across the filed fiscal years. Its solvency ranks better than 43% of 1410 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
72 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▼-4
Solvency60▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 0.96 in 2023; short-term debt: 21.4% and cash: 22.2% of total assets), and 65.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 2024
Solvency, return and age of the figures
Solvency
34.9%
Return on assets
2.9%
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 01-07-2025, 30 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
33 d early
2022
11 d early
2021
31 d early
2020
5 d early
2019
4 d early
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€73k▲ 9.2%
2023 · €67k
2019: €18k 2020: €14k 2021: €38k 2022: €55k 2023: €67k
2019 → 2024
Total assets
€210k▼ 4.5%
2023 · €220k
2019: €96k 2020: €233k 2021: €259k 2022: €247k 2023: €220k
2019 → 2024
Net result
€6k▼ 49.9%
2023 · €12k
2019: €12k 2020: €-4k 2021: €23k 2022: €17k 2023: €12k
2019 → 2024
Working capital
€19k
2023 · €-3k
2019: €13k 2020: €-54k 2021: €-43k 2022: €-20k 2023: €-3k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€14k-€38k▲ 165%€55k▲ 45.7%€67k▲ 22.4%€73k▲ 9.2%
Operating result€-191-€37k€29k▼ 21.2%€22k▼ 24.4%€14k▼ 35.0%
Net result€-4k-€23k€17k▼ 26.5%€12k▼ 28.6%€6k▼ 49.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2020: €-191€-191Net result 2020: €-4k€-4kOperating result 2021: €37k€37kNet result 2021: €23k€23kOperating result 2022: €29k€29kNet result 2022: €17k€17kOperating result 2023: €22k€22kNet result 2023: €12k€12kOperating result 2024: €14k€14kNet result 2024: €6k€6k20202021202220232024
The operating result has fallen three years in a row; 2024 is 35% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets €146k▼ 6.1%
Current assets €64k▼ 0.8%
Equity and liabilities €210k
Equity €73k▲ 9.2%
Debt €137k▼ 10.5%
The debt ratio falls from 69.5% to 65.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€26k
2023 · €35k
Cash flow
€18k
2023 · €26k
Solvency
34.9%
2023 · 30.5%
Current ratio
1.42
2023 · 0.96
Quick ratio
1.42
2023 · 0.96
Debt / equity
1.87
2023 · 2.28
ROE
8.4%
2023 · 18.3%
ROA
2.9%
2023 · 5.6%
Interest coverage
7.17
2023 · 12.39
Debt
€137k
2023 · €153k
Debt ≤ 1 year
€45k
2023 · €68k
Debt > 1 year
€92k
2023 · €85k
Income taxes
€4k
2023 · €7k
Staff costs
€6k
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€220k€210k
Fixed assets21/28€156k€146k
Intangible fixed assets21€84k€79k
Tangible fixed assets22/27€71k€67k
Furniture and vehicles24€1k€3k
Other tangible fixed assets26€70k€64k
Current assets29/58€65k€64k
Amounts receivable within one year40/41€23k€15k
Trade receivables40€23k€11k
Other amounts receivable41-€5k
Cash at bank and in hand54/58€41k€47k
Deferred charges and accrued income490/1€170€2k
Equity and liabilities
Total equity and liabilities10/49€220k€210k
Equity10/15€67k€73k
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€54k€60k
Distributable reserves133€54k€60k
Profit (loss) carried forward14€7k€7k=
Amounts payable17/49€153k€137k
Amounts payable after more than one year17€85k€92k
Financial debts170/4€85k€92k
Amounts payable within one year42/48€68k€45k
Current portion of amounts payable after more than one year42€35k€22k
Trade debts44€2k€6k
Suppliers440/4€2k€6k
Taxes, remuneration and social security45€14k€9k
Taxes450/3€10k€5k
Remuneration and social security454/9€4k€4k
Other amounts payable47/48€16k€8k
Income statement Code20232024
Remuneration, social security and pensions62€5k€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k
Other operating charges640/8€477€461
Gross operating margin9900€41k€33k
Operating profit (loss)9901€22k€14k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€19k€11k
Income taxes67/77€7k€4k
Profit (loss) for the period9904€12k€6k
Profit (loss) for the period to be appropriated9905€12k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€14k
Profit (loss) brought forward from the previous period14P€7k€7k=
Transfer to equity691/2€12k€6k
To other reserves6921€12k€6k

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

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €23k
Net result €23k after one loss-making year.
26-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-4k ▼131%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
27-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Leuven · 1 establishment unit since 2018
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.

Groenstraat 233001 Leuven
Ground area
252 m²
Building footprint
99 m²
Volume, LiDAR
881 m³
Parcel 24433E0296/00K000, Flanders · tallest building 11.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RICE POTATO
Groenstraat 23, 3001 LeuvenManufacture of other builders' carpentry and joinery
since 20182.272.815.512
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24433E0296/00K000 Flanders 252 m² 1 · 99 m² 11.4 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.

Similar companies · same sector, comparable size

Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 3,043 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-02-2018
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
18130Pre-press and pre-media services
59113Video and film production, excluding cinema and television films
90201Performing arts by independent artists
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.