RIEPA
ActiveRIEPA has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €-3k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency54▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 1.37 in 2024), and 70.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.5%
Return on assets
-0.9%
Age of the figures
14 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€3k
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
1 d early
2022
55 d early
2021
3 d early
2020
2 d early
2019
1 d early
← before the deadline
after the deadline →
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 close06-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▼ 2.8%
2024 · €116k
2021: €-4k
2022: €73k
2023: €123k
2024: €116k
2021 → 2025
Total assets
€383k▼ 1.4%
2024 · €388k
2021: €545k
2022: €404k
2023: €444k
2024: €388k
2021 → 2025
Net result
€-3k▲ 52.7%
2024 · €-7k
2021: €-214k
2022: €77k
2023: €50k
2024: €-7k
2021 → 2025
Working capital
€96k▼ 3.0%
2024 · €99k
2021: €-37k
2022: €48k
2023: €103k
2024: €99k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-4k-€73k€123k▲ 69.1%€116k▼ 5.6%€113k▼ 2.8%
Operating result€-14k-€77k€45k▼ 41.4%€-13k€-8k▲ 32.9%
Net result€-214k-€77k€50k▼ 34.2%€-7k€-3k▲ 52.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €13k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383k
Fixed assets
€17k▼ 1.5%
Current assets
€366k▼ 1.4%
Equity and liabilities €383k
Equity
€113k▼ 2.8%
Debt
€270k▼ 0.7%
The debt ratio rises from 70.0% to 70.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-9k
Cash flow
€-267▲
2024 · €-3k
Solvency
29.5%▼
2024 · 30.0%
Current ratio
1.36▼
2024 · 1.37
Quick ratio
0.65▼
2024 · 0.67
Debt / equity
2.39▲
2024 · 2.34
ROE
-2.9%▲
2024 · -6.0%
ROA
-0.9%▲
2024 · -1.8%
Interest coverage
-6.87▲
2024 · -11.09
Debt
€270k▼
2024 · €272k
Debt ≤ 1 year
€270k▼
2024 · €272k
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 · 2025 against 2024
Balance sheet
Code20242025
Total assets
20/58€388k€383k▼
Fixed assets
21/28€17k€17k▼
Tangible fixed assets
22/27€17k€16k▼
Financial fixed assets
28€600€600=
Current assets
29/58€371k€366k▼
Stocks & contracts in progress
3€190k€190k=
Amounts receivable within one year
40/41€176k€174k▼
Cash & bank
54/58€4k€897▼
Total equity & liabilities
10/49€388k€383k▼
Equity
10/15€116k€113k▼
Contributions / capital
10/11€210k€210k=
Accumulated profits (losses)
14€-94k€-97k▼
Amounts payable
17/49€272k€270k▼
Amounts payable within one year
42/48€272k€270k▼
Trade debts payable within one year
44€683€349▼
Income statement
Code20242025
Gross operating margin
9900€-7k€-3k▲
Operating result
9901€-13k€-8k▲
Financial income
75€6k€6k▼
Financial charges
65€797€784▼
Result before taxes
9903€-7k€-3k▲
Net result for the period
9904€-7k€-3k▲
Result to be appropriated
9905€-7k€-3k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-02
State Gazette act
Director changes
v3.2
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
16-01
State Gazette act
Director changes
v3.2
2023
30-06
Financial
Equity above €100kEq €123k ▲69.1%
2 profitable years in a row build equity to €123k.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
04-01
State Gazette act
Registered-office change
v3.2
2018
10-07
State Gazette act
Registered-office change
v3.2
05-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2013
14-11
State Gazette act
Statutes amendment
v3.2
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
5 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 5 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 directors, last change in 2026
Patrick Vanhooren
CurrentDirector · since 02-01-2026
Rita Verlinde
CurrentDirector · since 02-01-2026
02-01-2026
Patrick Vanhooren: Appointed as Director
02-01-2026
Rita Verlinde: Appointed as Director
02-01-2026
Stijn Vanhooren: Resigned as Director
16-01-2024
Stijn Vanhooren: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
1 of this company's 6 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 2005
Ground area
895 m²
Building footprint
200 m²
Volume, LiDAR
970 m³
Parcel 34323D1431/00T002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RIEPA
since 20052.149.005.207
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34323D1431/00T002 | Flanders | 895 m² | 1 · 200 m² | 8.4 m · 2 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
Brussels hub1
BE 0606.980.765
Elsene · Eq €113k
H3 Invest
BE 0634.997.236
Turnhout · Eq €113k
TEN YARDS
BE 0460.312.609
Kortrijk · Eq €113k
C.J-Y IMMO
BE 0674.900.462
Mettet · Eq €113k
Service 2001
BE 0434.936.617
Schaarbeek · Eq €113k
Of 11,969 companies in sector 68203 we hold annual accounts for 5,808. 3,767 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-08-2005
Fiscal year end30-06
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 5 actsNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-08-2026. Scores and ratios are computed by Checked and are not a credit decision.