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Ricover

Active
Private limited companyfounded 1990active for 36 yearsSteenstraat 4, 8680 Koekelare, BelgiumKBO/BCE: BE 0441.163.720
Summary

Ricover has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,411 and a net result of -€8,122. Equity is shrinking by about 11% per year across the filed financial years. Its solvency ranks better than 53% of 3,632 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Growing of vegetables, melons, roots and tubers
NACE 01130
1 site
Size
€142,713total assets 2025
Equity
€50,411
Loss
-€8,122
Turnover not published (micro format)
Financial health
89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • STELLANSODirector · permanent representative Andy Verhaeghe
Accounts 72 days early1 of 3 deeds read
Why 89raises riskLiquidity: current ratio 0.08, cash €1,472lowers riskSize: total assets €142,713Founded in 1990Sector: Crop and animal production, hunting and related service activities (NACE 01)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 28% of its sector peers (NACE 01, micro)
Financial strength · tick = 2024
Average
Solvency 60-2
equity 35.3% of total assets
Liquidity 17-1
short-term debt 64.7% · cash 1.0%
Profitability 62+2
return on assets -5.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (5,682 companies, NACE 01, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 0.1%▼ -0.4 percentage points vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 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: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.08, compared with 0.09 in 2024; short-term debt: 64.7% and cash: 1% of total assets), and 64.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 01, micro): better than 50% on solvency, 14% on liquidity, 31% on profitability and 18% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €142,713
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Liquidity: current ratio 0.08, cash €1,472
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€8,122
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-02-2026, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 days early
2024
50 days early
2023
74 days early
2022
17 days late
2021
31 days late
2020
27 days late
2019
2 days early
← 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 18 days before the deadline; the sector median (NACE 01) for financial year 2024 is 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 11 March (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end12-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations: Rik Cools (director) and Lies…Appointment: Stellanso BV (director) ·…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2025 -€8,122 View
  • Caution: Board changedlatest change 29-05-2026 · 1 in office 1 joined · 2 left View
  • Active since 1990founded 06-08-1990 36 years View

By topic

Financials

Financial year
2025
Total assets
€142,713
Loss
-€8,122
Solvency
35.3%
Total assets▼ 8.6%
Net result
20192025
Go to Financials

Timeline

Events
37
Since
1992
Next accounts
by 30-04-2027
  1. 16-02-2024Annual accounts filed
  2. 17-05-2023Annual accounts filed
  3. 30-09-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Growing of vegetables, melons, roots and tubersNACE 01130
Founded
06-08-1990
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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