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RICON

Active
Private limited companyfounded 199827 yrs activeLuikersteenweg 248, 3500 Hasselt, BelgiumKBO/BCE: BE 0464.278.721

RICON has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €430k and a net result of €243k. Equity is growing by ~28.4% per year across the filed fiscal years. Its solvency ranks better than 65% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
100 / 100
Excellent▲ +39 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+58
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 0.18 in 2024), and 42.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · 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
57.6%
Return on assets
32.5%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 d early
2024
66 d early
2023
35 d early
2022
28 d early
2021
30 d early
2020
44 d early
2019
39 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€430k▲ 129%
2024 · €188k
2018: €39k 2019: €83k 2020: €48k 2021: €92k 2022: €127k 2023: €129k 2024: €188k
2018 → 2025
Total assets
€747k▲ 29.4%
2024 · €577k
2018: €70k 2019: €146k 2020: €487k 2021: €488k 2022: €505k 2023: €511k 2024: €577k
2018 → 2025
Net result
€243k▲ 285%
2024 · €63k
2018: €6k 2019: €44k 2020: €-36k 2021: €44k 2022: €35k 2023: €2k 2024: €63k
2018 → 2025
Working capital
€157k
2024 · €-88k
2018: €36k 2019: €93k 2020: €-52k 2021: €-41k 2022: €-25k 2023: €-50k 2024: €-88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€92k-€127k▲ 38.6%€129k▲ 1.2%€188k▲ 45.8%€430k▲ 129%
Operating result€69k-€65k▼ 5.7%€14k▼ 77.7%€94k▲ 553%€269k▲ 185%
Net result€44k-€35k▼ 19.5%€2k▼ 95.6%€63k▲ 3,950%€243k▲ 285%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200k€300kOperating result 2021: €69k€69kNet result 2021: €44k€44kOperating result 2022: €65k€65kNet result 2022: €35k€35kOperating result 2023: €14k€14kNet result 2023: €2k€2kOperating result 2024: €94k€94kNet result 2024: €63k€63kOperating result 2025: €269k€269kNet result 2025: €243k€243k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 185% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €747k
Fixed assets €537k▼ 3.6%
Current assets €210k▲ 969%
Equity and liabilities €747k
Equity €430k▲ 129%
Debt €316k▼ 18.8%
The debt ratio falls from 67.5% to 42.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€310k
2024 · €114k
Cash flow
€284k
2024 · €82k
Solvency
57.6%
2024 · 32.5%
Current ratio
4.00
2024 · 0.18
Quick ratio
4.00
2024 · 0.18
Debt / equity
0.73
2024 · 2.07
ROE
56.4%
2024 · 33.6%
ROA
32.5%
2024 · 10.9%
Interest coverage
39.84
2024 · 13.99
Debt
€316k
2024 · €389k
Debt ≤ 1 year
€52k
2024 · €108k
Debt > 1 year
€264k
2024 · €281k
Income taxes
€24k
2024 · €23k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€577k€747k
Fixed assets21/28€557k€537k
Tangible fixed assets22/27€547k€537k
Land and buildings22€433k€421k
Furniture and vehicles24€114k€117k
Financial fixed assets28€10k€0
Current assets29/58€20k€210k
Amounts receivable after more than one year29-€111k
Other amounts receivable291-€111k
Amounts receivable within one year40/41€10k€12k
Trade receivables40€10k€11k
Other amounts receivable41€0€1k
Cash at bank and in hand54/58€9k€5k
Deferred charges and accrued income490/1€0€81k
Equity and liabilities
Total equity and liabilities10/49€577k€747k
Equity10/15€188k€430k
Contributions10/11€26k€26k=
Reserves13€162k€405k
Tax-exempt reserves132€5k€5k=
Distributable reserves133€157k€400k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€389k€316k
Amounts payable after more than one year17€281k€264k
Financial debts170/4€281k€264k
Amounts payable within one year42/48€108k€52k
Current portion of amounts payable after more than one year42€17k€17k
Financial debts43€61k€0
Credit institutions430/8€61k€0
Trade debts44€2k€8k
Suppliers440/4€2k€8k
Taxes, remuneration and social security45€18k€27k
Taxes450/3€18k€27k
Other amounts payable47/48€9k€0
Income statement Code20242025
Non-recurring operating income76A-€295k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€42k
Other operating charges640/8€1k€2k
Non-recurring operating charges66A€2k€0
Gross operating margin9900€117k€313k
Operating profit (loss)9901€94k€269k
Financial income75/76B€0€6k
Recurring financial income75€0€6k
Financial charges65/66B€8k€8k
Recurring financial charges65€8k€8k
Profit (loss) for the period before taxes9903€86k€267k
Income taxes67/77€23k€24k
Profit (loss) for the period9904€63k€243k
Profit (loss) for the period to be appropriated9905€63k€243k
Appropriation of the result
Profit (loss) to be appropriated9906€63k€243k
Transfer to equity691/2€59k€243k
To the legal reserve6920€59k€0
To other reserves6921-€243k
Profit to be distributed694/7€4k€0
Directors or managers695€4k€0

The notes to these accounts (18 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2018net €243k ▲285%
Operating result €269k, net result €243k, both a record.
31-12
Financial Liquidity times 22current ratio 4.00
Current ratio from 0.18 to 4.00; short-term debt falls from €108k to €52k.
31-12
Financial Equity above €200kEq €430k ▲129%
5 profitable years in a row build equity to €430k.
26-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €150kEq €188k ▲45.8%
4 profitable years in a row build equity to €188k.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Equity above €100kEq €127k ▲38.6%
2 profitable years in a row build equity to €127k.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €44k
Net result €44k after one loss-making year.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-36k ▼180%
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
08-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
07-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 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, Hasselt · 1 establishment unit since 2001
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.

Luikersteenweg 2483500 Hasselt
Ground area
4,019 m²
Building footprint
472 m²
Volume, LiDAR
1,299 m³
2 parcels, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Luikersteenweg 248D, 3500 Hasselt
NACE 4521102
since 20012.131.273.508
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71328D0854/00H002 Flanders 2,904 m² 1 · 181 m² 1.5 m
71328D0845/00A002 Flanders 1,115 m² 1 · 291 m² 10.0 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

6488KWE2W38I5V8B6598
live in the LEI register

Similar companies · same sector, comparable size

Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 9,706 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-10-1998
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.