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 ~28.3% per year across the filed fiscal years. Its solvency ranks better than 50% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▲+1
Solvency55=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.37 in 2024; short-term debt: 70.4% and cash: 0.2% of total assets), 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
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 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 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▼ 2.8%
2024 · €116k
2019: €16k
2020: €10k
2021: €-4k
2022: €73k
2023: €123k
2024: €116k
2019 → 2025
Total assets
€383k▼ 1.4%
2024 · €388k
2019: €573k
2020: €550k
2021: €545k
2022: €404k
2023: €444k
2024: €388k
2019 → 2025
Net result
€-3k▲ 52.7%
2024 · €-7k
2019: €-31k
2020: €-6k
2021: €-14k
2022: €77k
2023: €50k
2024: €-7k
2019 → 2025
Working capital
€96k▼ 3.0%
2024 · €99k
2019: €-46k
2020: €-40k
2021: €-37k
2022: €48k
2023: €103k
2024: €99k
2019 → 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€-14k-€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 and debt are lower.
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
Assets
Total assets20/58€388k€383k▼
Fixed assets21/28€17k€17k▼
Tangible fixed assets22/27€17k€16k▼
Land and buildings22€17k€16k▼
Furniture and vehicles24€0-
Financial fixed assets28€600€600=
Current assets29/58€371k€366k▼
Stocks and contracts in progress3€190k€190k=
Stocks30/36€190k€190k=
Amounts receivable within one year40/41€176k€174k▼
Trade receivables40€0-
Other amounts receivable41€176k€174k▼
Cash at bank and in hand54/58€4k€897▼
Deferred charges and accrued income490/1€480€1k▲
Equity and liabilities
Total equity and liabilities10/49€388k€383k▼
Equity10/15€116k€113k▼
Contributions10/11€210k€210k=
Profit (loss) carried forward14€-94k€-97k▼
Amounts payable17/49€272k€270k▼
Amounts payable within one year42/48€272k€270k▼
Trade debts44€683€349▼
Suppliers440/4€683€349▼
Taxes, remuneration and social security45€0€40▲
Taxes450/3€0€40▲
Other amounts payable47/48€271k€269k▼
Accrued charges and deferred income492/3€241€248▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-7k€-3k▲
Operating profit (loss)9901€-13k€-8k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€797€784▼
Recurring financial charges65€797€784▼
Profit (loss) for the period before taxes9903€-7k€-3k▲
Profit (loss) for the period9904€-7k€-3k▲
Profit (loss) for the period to be appropriated9905€-7k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-94k€-97k▼
Profit (loss) brought forward from the previous period14P€-87k€-94k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
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
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 3 loss-making years.
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
2018
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
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
02-01-2026
Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 6 Belgian State Gazette acts have 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.
Similar companies · same sector, comparable size
Brussels hub1
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SOCONAVI
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H3 Invest
BE 0634.997.236
Turnhout · Eq €113k
TEN YARDS
BE 0460.312.609
Kortrijk · Eq €113k
Service 2001
BE 0434.936.617
Schaarbeek · Eq €113k
Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,875 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 EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.