Skip to content

Rideco

Active
Private limited companyfounded 2019active for 7 yearsVijverstraat 7, 1650 Beersel, BelgiumKBO/BCE: BE 0728.477.126
Summary

The computed 12-month bankruptcy probability of Rideco is 9.6% (elevated). The 2024 annual accounts show equity of €30,555 and a net result of €469. Equity is growing by about 87% per year across the filed financial years. Its solvency ranks better than 9% of 7,408 sector peers (NACE 43, financial year 2024). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€336,679turnover 2024
Equity
€30,555
Profit
€469
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
9.6%
Structure
2025 accounts not filed, 87 days past the deadline1 of 5 deeds summarised
Why 32raises risk1 financial year not filed after the legal deadline; last filed accounts filed 197 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 19-02-2026)Liquidity: current ratio 11.41Founded in 2019Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 37% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency 32-17
equity 6.7% of total assets
Liquidity 100+90
short-term debt 8.6%
Profitability 38-24
return on assets 0.1%
Bankruptcy probability, 12 months
9.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 15.6%highest value 12-2024: 15.6%● unchanged vs 11-2024highest value 01-2025: 12.9%▼ -2.7 percentage points vs 12-2024 02-2025: 12.9%● unchanged vs 01-2025 03-2025: 13.0%▲ +0.1 percentage points vs 02-2025 04-2025: 12.2%▼ -0.8 percentage points vs 03-2025 05-2025: 12.2%● unchanged vs 04-2025 06-2025: 12.0%▼ -0.2 percentage points vs 05-2025 07-2025: 12.0%● unchanged vs 06-2025 08-2025: 14.2%▲ +2.2 percentage points vs 07-2025 09-2025: 6.8%▼ -7.4 percentage points vs 08-2025lowest value 10-2025: 9.0%▲ +2.2 percentage points vs 09-2025 11-2025: 9.0%● unchanged vs 10-2025 12-2025: 10.2%▲ +1.2 percentage points vs 11-2025 01-2026: 13.0%▲ +2.8 percentage points vs 12-2025 02-2026: 13.0%● unchanged vs 01-2026 03-2026: 7.9%▼ -5.1 percentage points vs 02-2026 04-2026: 7.9%● unchanged vs 03-2026 05-2026: 7.9%● unchanged vs 04-2026 06-2026: 7.6%▼ -0.3 percentage points vs 05-2026 07-2026: 7.0%▼ -0.6 percentage points vs 06-2026 08-2026: 7.3%▲ +0.3 percentage points vs 07-2026 09-2026: 7.5%▲ +0.2 percentage points vs 08-2026 10-2026: 9.6%▲ +2.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 11.41, compared with 1.31 in 2023, above the usual 1.5; short-term debt: 8.6% of total assets), but 93.3% 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 43, micro): better than 12% on solvency, 98% on liquidity, 19% on profitability and 19% on growth.

The bankruptcy probability was computed on 25-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 197 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 19-02-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 11.41
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7408 sector peers (2024).
NBB · sector comparison
Position among 7408 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 197 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-02-2026, 197 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
197 days late
2023
370 days late
2022
487 days late
2021
320 days late
2020
39 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 217 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Capital & sharesShare transfer · Director in…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Among the weakest 9% on solvencysector median 43.4% · 7,408 companies 6.7% View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
  • Positive: 6 profitable years in a rowprofit 2024: €469 6 years View

By topic

Financials

Financial year
2024
Turnover
€336,679
Profit
€469
Solvency
6.7%
Turnover▼ 17.8%
Net result
20212024
Go to Financials

Timeline

Events
10
Since
2020
  1. 31-12-2024Weakest financial year
  2. 31-12-2024Liquidity more than 8 times
  3. 29-11-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
13-06-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Rideco

What is the company number of Rideco?
0728.477.126. In Belgium the VAT number is the company number with BE in front: BE 0728.477.126.
Where is Rideco based?
The registered office is at Vijverstraat 7, 1650 Beersel.Company details
What does Rideco do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Rideco?
Private limited company (BV).
When was Rideco founded?
On 13-06-2019.
Is Rideco still active?
Yes, Rideco is an active enterprise in the KBO register.
What is the turnover of Rideco?
€336,679 in financial year 2024, according to the filed annual accounts.Financials
Is Rideco profitable?
In financial year 2024, Rideco made a profit of €469.
Where can I find the annual accounts of Rideco?
Rideco filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

Companies related to Rideco

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.