Riedinger Michel
ActiveRiedinger Michel has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €91k and a net result of €17k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 76% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
88
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability95▼-5
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.37 against 3.61 in 2023), and 18.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
7 d late
2022
4 d late
2021
9 d early
2020
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€91k▲ 23.5%
2023 · €74k
2020: €61k
2021: €89k
2022: €71k
2023: €74k
2020 → 2024
Total assets
€111k▲ 10.3%
2023 · €101k
2020: €86k
2021: €97k
2022: €134k
2023: €101k
2020 → 2024
Net result
€17k▼ 15.7%
2023 · €20k
2020: €51k
2021: €18k
2022: €464
2023: €20k
2020 → 2024
Working capital
€89k▲ 25.0%
2023 · €71k
2020: €60k
2021: €88k
2022: €71k
2023: €71k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€61k-€89k▲ 45.6%€71k▼ 19.8%€74k▲ 3.5%€91k▲ 23.5%
Operating result€70k-€23k▼ 67.9%€51k▲ 126%€58k▲ 14.1%€59k▲ 1.6%
Net result€51k-€18k▼ 65.1%€464▼ 97.4%€20k▲ 4,316%€17k▼ 15.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111k
Fixed assets
€2k▼ 25.7%
Current assets
€110k▲ 11.1%
Equity and liabilities €111k
Equity
€91k▲ 23.5%
Debt
€20k▼ 25.2%
The debt ratio falls from 27.0% to 18.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€61k▲
2023 · €60k
Cash flow
€19k▼
2023 · €22k
Solvency
81.7%▲
2023 · 73.0%
Current ratio
5.37▲
2023 · 3.61
Quick ratio
5.37▲
2023 · 3.61
Debt / equity
0.22▼
2023 · 0.37
ROE
19.0%▼
2023 · 27.8%
ROA
15.5%▼
2023 · 20.3%
Interest coverage
1.61▼
2023 · 1.84
Debt
€20k▼
2023 · €27k
Debt ≤ 1 year
€20k▼
2023 · €27k
Income taxes
€4k▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€101k€111k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€99k€110k▲
Amounts receivable within one year40/41€30k€13k▼
Trade receivables40€28k€13k▼
Other amounts receivable41€2k-
Current investments50/53-€50k
Cash at bank and in hand54/58€68k€46k▼
Deferred charges and accrued income490/1€3€591▲
Equity and liabilities
Total equity and liabilities10/49€101k€111k▲
Equity10/15€74k€91k▲
Contributions10/11€20k€20k=
Reserves13€51k€51k=
Distributable reserves133€51k€51k=
Profit (loss) carried forward14€3k€20k▲
Amounts payable17/49€27k€20k▼
Amounts payable within one year42/48€27k€20k▼
Trade debts44€1k€917▼
Suppliers440/4€1k€917▼
Taxes, remuneration and social security45€8k€8k▼
Taxes450/3€8k€8k▼
Other amounts payable47/48€18k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€462€387▼
Gross operating margin9900€60k€61k▲
Operating profit (loss)9901€58k€59k▲
Financial income75/76B€123€415▲
Recurring financial income75€123€415▲
Financial charges65/66B€32k€38k▲
Recurring financial charges65€32k€38k▲
Profit (loss) for the period before taxes9903€26k€22k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€20k€17k▼
Profit (loss) for the period to be appropriated9905€20k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€20k▼
Profit (loss) brought forward from the previous period14P€232€3k▲
Profit to be distributed694/7€18k-
Return on contributions (dividend)694€18k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
31-12
Financial
Weakest financial yearnet €464 ▼97.4%
Net result drops to €464, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 11.68
Current ratio from 3.36 to 11.68; short-term debt falls from €25k to €8k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudergem · 1 establishment unit since 2019
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.
Pauwenstraat 211160 OudergemGround area
105 m²
Building footprint
51 m²
Volume, LiDAR
488 m³
Parcel 21002A0142/00F003, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Riedinger Michel
since 20192.296.588.133
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0142/00F003 | Brussels | 105 m² | 1 · 51 m² | 11.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
254900COLOUDY0PU1R97
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 15,530 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2019
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.