Financials
- Fiscal year
- 2025
- Total assets
- €45,331
- Loss
- -€20,015
- Solvency
- 47.7%
RICNEW
ActiveSummary
The computed 12-month bankruptcy probability of RICNEW is 2.2% (moderate). The 2025 annual accounts show equity of €21,608 and a net result of -€20,015. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 30651 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Joinery installation
NACE 43320NACE 45422
#4 oldest company in Esneux, Construction sector1 site
Size
€45,331total assets 2025
- Equity
- €21,608
- Loss
- -€20,015
Turnover not published (abridged schema)
Structure
Accounts filed 31 d late0 of 3 deeds read
Why 52- Loss of €20,015, the second in a row (FY 2025)- Sector Specialised construction activities (NACE 43)- Latest accounts 31 days late; 2 of the last 3 late+ Liquidity: current ratio 1.70, cash €13,563Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency
73-27
equity 47.7% of total assets
Liquidity
61+5
short-term debt 52.3% · cash 29.9%
Profitability
0-4
return on assets -44.2%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 4.3%
11-2025: 4.4%▲ +2.4% vs 10-2025
12-2025: 5.6%▲ +25.7% vs 11-2025
01-2026: 9.8%▲ +75.9% vs 12-2025
02-2026: 9.8%● 0.0% vs 01-2026
03-2026: 9.8%● +0.0% vs 02-2026
04-2026: 9.1%▼ -6.6% vs 03-2026
05-2026: 9.1%● 0.0% vs 04-2026
06-2026: 9.1%● 0.0% vs 05-2026
07-2026: 9.1%● 0.0% vs 06-2026
08-2026: 12.2%▲ +33.7% vs 07-2026highest value
09-2026: 2.2%▼ -81.9% vs 08-2026lowest value
10-2026: 2.2%● 0.0% vs 09-2026lowest value
- Loss of €20,015, the second in a row (FY 2025) raises the probability
- Sector Specialised construction activities (NACE 43) raises the probability
- Latest accounts 31 days late; 2 of the last 3 late raises the probability
- Liquidity: current ratio 1.70, cash €13,563 lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 10.65 in 2023; short-term debt: 52.3% and cash: 29.9% of total assets), but 52.3% 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 43, micro). Better than this share of them on solvency 51%, liquidity 59%, profitability 4%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2023
29 d late
2022
32 d late
2021
29 d late
2020
25 d late
2019
26 d late
2018
30 d late
← 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 29 days after the deadline; the sector median for financial year 2023 is 1 day before the deadline, and 44% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
UBO non-compliance
Checked, nothing found (1)
neutral · 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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- UBO non-complianceevent 08-09-2025
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 19-09-2025UBO non-compliance
- 29-08-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid
- Activity
- Joinery installationNACE 43320
- Founded
- 10-11-1989
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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