RIELO
ActiveSummary
RIELO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.44M and a net result of €194k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+7
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 15.89 against 8.29 in 2024; short-term debt: 4.5% and cash: 15.6% of total assets), and 17.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
82.8%
Return on assets
11.1%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d late
2023
10 d late
2022
5 d early
2021
6 d early
2020
4 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.44M▲ 15.5%
2024 · €1.25M
2019: €1.48Mhighest in 7 years
2020: €982k▼ -33.7% vs 2019lowest in 7 years
2021: €1.07M▲ +9.0% vs 2020
2022: €1.08M▲ +1.2% vs 2021
2023: €1.16M▲ +6.9% vs 2022
2024: €1.25M▲ +7.6% vs 2023
2025: €1.44M▲ +15.5% vs 2024
2019 → 2025
Total assets
€1.74M▲ 7.7%
2024 · €1.61M
2019: €2.14Mhighest in 7 years
2020: €1.50M▼ -30.0% vs 2019
2021: €1.43M▼ -4.8% vs 2020lowest in 7 years
2022: €1.60M▲ +12.1% vs 2021
2023: €1.59M▼ -0.7% vs 2022
2024: €1.61M▲ +1.4% vs 2023
2025: €1.74M▲ +7.7% vs 2024
2019 → 2025
Net result
€194k▲ 118%
2024 · €89k
2019: €148k
2020: €950k▲ +544% vs 2019highest in 7 years
2021: €91k▼ -90.5% vs 2020
2022: €13k▼ -85.3% vs 2021lowest in 7 years
2023: €75k▲ +465% vs 2022
2024: €89k▲ +18.0% vs 2023
2025: €194k▲ +118% vs 2024
2019 → 2025
Working capital
€1.16M▲ 18.2%
2024 · €984k
2019: €-28klowest in 7 years
2020: €1.09M▲ +4028% vs 2019
2021: €1.03M▼ -5.7% vs 2020
2022: €956k▼ -7.4% vs 2021
2023: €963k▲ +0.7% vs 2022
2024: €984k▲ +2.2% vs 2023
2025: €1.16M▲ +18.2% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€1.08M▲ 1.2%€1.16M▲ 6.9%€1.25M▲ 7.6%€1.44M▲ 15.5%
2021: €1.07Mlowest in 5 years
2022: €1.08M▲ +1.2% vs 2021
2023: €1.16M▲ +6.9% vs 2022
2024: €1.25M▲ +7.6% vs 2023
2025: €1.44M▲ +15.5% vs 2024highest in 5 years
Operating result€111k-€38k▼ 66.0%€109k▲ 190%€122k▲ 12.0%€127k▲ 3.6%
2021: €111k
2022: €38k▼ -66.0% vs 2021lowest in 5 years
2023: €109k▲ +190% vs 2022
2024: €122k▲ +12.0% vs 2023
2025: €127k▲ +3.6% vs 2024highest in 5 years
Net result€91k-€13k▼ 85.3%€75k▲ 465%€89k▲ 18.0%€194k▲ 118%
2021: €91k
2022: €13k▼ -85.3% vs 2021lowest in 5 years
2023: €75k▲ +465% vs 2022
2024: €89k▲ +18.0% vs 2023
2025: €194k▲ +118% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€497k ▲ 0.5%
Current assets
€1.24M ▲ 10.9%
Equity and liabilities €1.74M
Equity
€1.44M ▲ 15.5%
Debt
€298k ▼ 18.7%
Debt's share of the balance-sheet total falls from 22.8% to 17.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€149k▲
2024 · €143k
Cash flow
€216k▲
2024 · €109k
Current ratio
15.89▲
2024 · 8.29
Quick ratio
15.88▲
2024 · 8.29
Debt to equity
0.21▼
2024 · 0.29
ROE
13.5%▲
2024 · 7.1%
ROA
11.1%▲
2024 · 5.5%
Interest coverage
14.01▲
2024 · 12.94
Debt ≤ 1 year
€78k▼
2024 · €135k
Debt > 1 year
€219k▼
2024 · €231k
Income taxes
€59k▲
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.61M€1.74M▲
Fixed assets21/28€495k€497k▲
Tangible fixed assets22/27€450k€453k▲
Land and buildings22€428k€428k=
Furniture and vehicles24€10k€6k▼
Other tangible fixed assets26€12k€18k▲
Financial fixed assets28€44k€44k=
Current assets29/58€1.12M€1.24M▲
Stocks and contracts in progress3-€461
Stocks30/36-€461
Amounts receivable within one year40/41€303k€398k▲
Trade receivables40€83k€84k▲
Other amounts receivable41€220k€315k▲
Current investments50/53€459k€567k▲
Cash at bank and in hand54/58€351k€270k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.61M€1.74M▲
Equity10/15€1.25M€1.44M▲
Reserves13€1.25M€1.44M▲
Tax-exempt reserves132€17k€17k=
Distributable reserves133€1.23M€1.42M▲
Amounts payable17/49€367k€298k▼
Amounts payable after more than one year17€231k€219k▼
Financial debts170/4€231k€219k▼
Amounts payable within one year42/48€135k€78k▼
Current portion of amounts payable after more than one year42€87k€17k▼
Trade debts44€6k€11k▲
Suppliers440/4€6k€11k▲
Taxes, remuneration and social security45€41k€49k▲
Taxes450/3€38k€46k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€800€800=
Accrued charges and deferred income492/3€900€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€23k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€145k€153k▲
Operating profit (loss)9901€122k€127k▲
Financial income75/76B€18k€136k▲
Recurring financial income75€18k€136k▲
Financial charges65/66B€11k€11k▼
Recurring financial charges65€11k€11k▼
Profit (loss) for the period before taxes9903€129k€252k▲
Income taxes67/77€40k€59k▲
Profit (loss) for the period9904€89k€194k▲
Profit (loss) for the period to be appropriated9905€89k€194k▲
Appropriation of the result
Profit (loss) to be appropriated9906€89k€194k▲
Transfer to equity691/2€88k€193k▲
To other reserves6921€88k€193k▲
Profit to be distributed694/7€800€800=
Directors or managers695€800€800=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €21k | €20k | €20k | €23k | ▲ 10.6% |
| Other operating charges640/8 | - | €30k | €2k | €2k | €4k | ▲ 77.5% |
| Gross operating margin9900 | €129k | €89k | €131k | €145k | €153k | ▲ 5.6% |
| Operating profit (loss)9901 | €111k | €38k | €109k | €122k | €127k | ▲ 3.6% |
| Financial income75/76B | - | €6k | €10k | €18k | €136k | ▲ 676% |
| Recurring financial income75 | €11k | €6k | €10k | €18k | €136k | ▲ 676% |
| Financial charges65/66B | - | €11k | €11k | €11k | €11k | ▼ 3.4% |
| Recurring financial charges65 | €3k | €11k | €11k | €11k | €11k | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €118k | €32k | €108k | €129k | €252k | ▲ 95.9% |
| Income taxes67/77 | €28k | €19k | €32k | €40k | €59k | ▲ 47.0% |
| Profit (loss) for the period9904 | €91k | €13k | €75k | €89k | €194k | ▲ 118% |
| Transfer from tax-exempt reserves789 | - | €16k | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €91k | €29k | €75k | €89k | €194k | ▲ 118% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.43M | €1.60M | €1.59M | €1.61M | €1.74M | ▲ 7.7% |
| Fixed assets21/28 | €257k | €526k | €510k | €495k | €497k | ▲ 0.5% |
| Tangible fixed assets22/27 | €213k | €482k | €465k | €450k | €453k | ▲ 0.5% |
| Land and buildings22 | - | €458k | €442k | €428k | €428k | = |
| Furniture and vehicles24 | - | €9k | €9k | €10k | €6k | ▼ 40.6% |
| Other tangible fixed assets26 | - | €16k | €14k | €12k | €18k | ▲ 53.8% |
| Financial fixed assets28 | €44k | €44k | €44k | €44k | €44k | = |
| Current assets29/58 | €1.17M | €1.08M | €1.08M | €1.12M | €1.24M | ▲ 10.9% |
| Stocks and contracts in progress3 | - | - | - | - | €461 | - |
| Stocks30/36 | - | - | - | - | €461 | - |
| Amounts receivable within one year40/41 | €190k | €298k | €230k | €303k | €398k | ▲ 31.6% |
| Trade receivables40 | - | €78k | €22k | €83k | €84k | ▲ 0.9% |
| Other amounts receivable41 | - | €220k | €208k | €220k | €315k | ▲ 43.3% |
| Current investments50/53 | €310k | €523k | €517k | €459k | €567k | ▲ 23.6% |
| Cash at bank and in hand54/58 | €669k | €250k | €329k | €351k | €270k | ▼ 23.0% |
| Deferred charges and accrued income490/1 | - | €5k | €6k | €6k | €4k | ▼ 31.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.43M | €1.60M | €1.59M | €1.61M | €1.74M | ▲ 7.7% |
| Equity10/15 | €1.07M | €1.08M | €1.16M | €1.25M | €1.44M | ▲ 15.5% |
| Reserves13 | €1.07M | €1.08M | €1.16M | €1.25M | €1.44M | ▲ 15.5% |
| Tax-exempt reserves132 | - | €17k | €17k | €17k | €17k | = |
| Distributable reserves133 | - | €1.07M | €1.14M | €1.23M | €1.42M | ▲ 15.7% |
| Amounts payable17/49 | €358k | €519k | €434k | €367k | €298k | ▼ 18.7% |
| Amounts payable after more than one year17 | €217k | €397k | €313k | €231k | €219k | ▼ 5.3% |
| Financial debts170/4 | - | €397k | €313k | €231k | €219k | ▼ 5.3% |
| Amounts payable within one year42/48 | €140k | €120k | €119k | €135k | €78k | ▼ 42.2% |
| Current portion of amounts payable after more than one year42 | - | €92k | €84k | €87k | €17k | ▼ 80.3% |
| Trade debts44 | €7k | €9k | €11k | €6k | €11k | ▲ 82.7% |
| Suppliers440/4 | - | €9k | €11k | €6k | €11k | ▲ 82.7% |
| Taxes, remuneration and social security45 | - | €19k | €24k | €41k | €49k | ▲ 19.8% |
| Taxes450/3 | - | €17k | €22k | €38k | €46k | ▲ 21.2% |
| Remuneration and social security454/9 | - | €2k | €2k | €3k | €3k | = |
| Other amounts payable47/48 | - | €800 | €800 | €800 | €800 | = |
| Accrued charges and deferred income492/3 | - | €2k | €900 | €900 | €1k | ▲ 33.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €91k | €13k | €75k | €89k | €194k | ▲ 118% |
| + Depreciation and write-downs630 | €15k | €21k | €20k | €20k | €23k | ▲ 10.6% |
| Operating cash flow (approximation) | €105k | €35k | €95k | €109k | €216k | ▲ 97.8% |
| Investment in fixed assets (approximation) | - | €-291k | €-3k | €-5k | €-25k | ▼ 378% |
| Change in cash | - | €-418k | €78k | €23k | €-81k | ▼ 458% |
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
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 4 days late
2024
10-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 10 days late
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Weakest financial yearnet €13k ▼85.3%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €1MEq €1.07M ▲9%
3 profitable years in a row build equity to €1.07M.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €950k ▲544%
Net result €950k, the highest in the series.
30-06
Financial
Liquidity times 8current ratio 6.87
Current ratio from 0.87 to 6.87; short-term debt falls from €217k to €186k.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2014
Ground area
789 m²
Building footprint
188 m²
Volume, LiDAR
980 m³
Parcel 46019B0994/00D000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RIELO
since 20142.239.737.819
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46019B0994/00D000 | Flanders | 789 m² | 1 · 188 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 23,825 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-12-2014
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.