RIDING RIGHT
ActiveSummary
RIDING RIGHT has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33,725 and a net result of €30,725. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
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Signals
This company filed its last 2 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,544 |
| Other operating charges640/8 | €201 |
| Gross operating margin9900 | €40,473 |
| Operating profit (loss)9901 | €38,728 |
| Financial income75/76B | €11 |
| Recurring financial income75 | €11 |
| Financial charges65/66B | €36 |
| Recurring financial charges65 | €36 |
| Profit (loss) for the period before taxes9903 | €38,704 |
| Income taxes67/77 | €7,979 |
| Profit (loss) for the period9904 | €30,725 |
| Profit (loss) for the period to be appropriated9905 | €30,725 |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €43,895 | |
| Formation expenses20 | €762 | |
| Fixed assets21/28 | €5,193 | |
| Tangible fixed assets22/27 | €5,193 | |
| Furniture and vehicles24 | €5,193 | |
| Current assets29/58 | €37,940 | |
| Amounts receivable within one year40/41 | €50 | |
| Other amounts receivable41 | €50 | |
| Cash at bank and in hand54/58 | €28,318 | |
| Deferred charges and accrued income490/1 | €9,573 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €43,895 | |
| Equity10/15 | €33,725 | |
| Contributions10/11 | €3,000 | |
| Profit (loss) carried forward14 | €30,725 | |
| Amounts payable17/49 | €10,171 | |
| Amounts payable within one year42/48 | €10,105 | |
| Trade debts44 | €2,075 | |
| Suppliers440/4 | €2,075 | |
| Taxes, remuneration and social security45 | €7,979 | |
| Taxes450/3 | €7,979 | |
| Other amounts payable47/48 | €50 | |
| Accrued charges and deferred income492/3 | €66 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €30,725 |
| + Depreciation and write-downs630 | €1,544 |
| Operating cash flow (approximation) | €32,268 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44011A0321/00N002 | Flanders | 611 m² | 1 · 183 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,129 EUR awarded · 1,129 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 606 EUR | 606 EUR |
| 2024 | 1 | 523 EUR | 523 EUR |
Similar companies · same sector, comparable size
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.