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RIETRANSCO

Active
Private limited companyfounded 20242 yrs activeStrijlandstraat 64A, 1755 Pajottegem, BelgiumKBO/BCE: BE 1013.414.824
Summary

The computed 12-month bankruptcy probability of RIETRANSCO is 2.3% (moderate). The 2025 annual accounts show equity of €22,249 and a net result of €10,415. Its solvency ranks better than 94% of 4579 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78
Track record82
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 8.12 against 4.63 in 2024; short-term debt: 10.9% and cash: 71.4% of total assets), and 10.9% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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 2025
Solvency, return and age of the figures
Solvency
89.1%
Return on assets
41.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
on the day
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 11 September 2024, RIETRANSCO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€22,249▲ 88.0%
2024 · €11,834
Total assets
€24,982▲ 65.5%
2024 · €15,096
Net result
€10,415▲ 32.9%
2024 · €7,834
Working capital
€19,449▲ 64.3%
2024 · €11,834
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€9,818-€15,428▲ 57.1%
Net result€7,834within the sector's middle half-€10,415within the sector's middle half▲ 32.9%
Equity€11,834below the sector's middle half-€22,249within the sector's middle half▲ 88.0%
Total assets€15,096below the sector's middle half-€24,982below the sector's middle half▲ 65.5%
Debt€3,262-€2,733▼ 16.2%
Working capital€11,834within the sector's middle half-€19,449within the sector's middle half▲ 64.3%
Solvency78.4%above the sector's middle half-89.1%above the sector's middle half▲ 10.7pp
Current ratio4.63above the sector's middle half-8.12above the sector's middle half▲ 3.49
Return on assets (ROA)51.9%above the sector's middle half-41.7%above the sector's middle half▼ 10.2pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2024: €9,818€9,818Net result 2024: €7,834€7,834Operating result 2025: €15,428€15,428Net result 2025: €10,415€10,41520242025€0€5,000€10,000€15,000Operating result 2024: €9,818€9,820Net result 2024: €7,834€7,830Operating result 2025: €15,428€15,400Net result 2025: €10,415€10,40020242025
The operating result rises in 2025; 2025 is 57% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,982
Fixed assets €2,800
Current assets €22,182
Equity and liabilities €24,982
Equity €22,249 ▲ 88.0%
Debt €2,733 ▼ 16.2%
Debt's share of the balance-sheet total falls from 21.6% to 10.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€16,128
Cash flow
€11,115
Debt to equity
0.12▼
2024 · 0.28
ROE
46.8%▼
2024 · 66.2%
Interest coverage
7.73
Debt ≤ 1 year
€2,733▼
2024 · €3,262
Income taxes
€2,927▲
2024 · €1,962
Staff costs
€2,725
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% 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
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€15,096€24,982▲
Fixed assets21/28-€2,800
Tangible fixed assets22/27-€2,800
Furniture and vehicles24-€2,800
Current assets29/58€15,096€22,182▲
Amounts receivable within one year40/41€5,210€3,865▼
Trade receivables40€4,775-
Other amounts receivable41€435€3,865▲
Cash at bank and in hand54/58€9,887€17,831▲
Deferred charges and accrued income490/1-€485
Equity and liabilities
Total equity and liabilities10/49€15,096€24,982▲
Equity10/15€11,834€22,249▲
Contributions10/11€4,000€4,000=
Reserves13€7,834€18,249▲
Distributable reserves133€7,834€18,249▲
Amounts payable17/49€3,262€2,733▼
Amounts payable within one year42/48€3,262€2,733▼
Trade debts44-€403
Suppliers440/4-€403
Taxes, remuneration and social security45€3,162€2,329▼
Taxes450/3€3,162€2,329▼
Other amounts payable47/48€100-
Income statement Code20242025
Remuneration, social security and pensions62-€2,725
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€700
Other operating charges640/8-€699
Gross operating margin9900€9,818€19,551▲
Operating profit (loss)9901€9,818€15,428▲
Financial charges65/66B€21€2,086▲
Recurring financial charges65€21€2,086▲
Profit (loss) for the period before taxes9903€9,796€13,341▲
Income taxes67/77€1,962€2,927▲
Profit (loss) for the period9904€7,834€10,415▲
Profit (loss) for the period to be appropriated9905€7,834€10,415▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,834€10,415▲
Transfer to equity691/2€7,834€10,415▲
To other reserves6921€7,834€10,415▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62-€2,725-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€700-
Other operating charges640/8-€699-
Gross operating margin9900€9,818€19,551▲ 99.1%
Operating profit (loss)9901€9,818€15,428▲ 57.1%
Financial charges65/66B€21€2,086▲ 9,718%
Recurring financial charges65€21€2,086▲ 9,718%
Profit (loss) for the period before taxes9903€9,796€13,341▲ 36.2%
Income taxes67/77€1,962€2,927▲ 49.2%
Profit (loss) for the period9904€7,834€10,415▲ 32.9%
Profit (loss) for the period to be appropriated9905€7,834€10,415▲ 32.9%
Line20242025Change
Assets
Total assets20/58€15,096€24,982▲ 65.5%
Fixed assets21/28-€2,800-
Tangible fixed assets22/27-€2,800-
Furniture and vehicles24-€2,800-
Current assets29/58€15,096€22,182▲ 46.9%
Amounts receivable within one year40/41€5,210€3,865▼ 25.8%
Trade receivables40€4,775--
Other amounts receivable41€435€3,865▲ 788%
Cash at bank and in hand54/58€9,887€17,831▲ 80.4%
Deferred charges and accrued income490/1-€485-
Equity and liabilities
Total equity and liabilities10/49€15,096€24,982▲ 65.5%
Equity10/15€11,834€22,249▲ 88.0%
Contributions10/11€4,000€4,000=
Reserves13€7,834€18,249▲ 133%
Distributable reserves133€7,834€18,249▲ 133%
Amounts payable17/49€3,262€2,733▼ 16.2%
Amounts payable within one year42/48€3,262€2,733▼ 16.2%
Trade debts44-€403-
Suppliers440/4-€403-
Taxes, remuneration and social security45€3,162€2,329▼ 26.3%
Taxes450/3€3,162€2,329▼ 26.3%
Other amounts payable47/48€100--
Line20242025Change
Profit (loss) for the period9904€7,834€10,415▲ 32.9%
+ Depreciation and write-downs630-€700-
Operating cash flow (approximation)€7,834€11,115▲ 41.9%
Change in cash-€7,944-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Pajottegem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
423 m²
Building footprint
179 m²
Volume, LiDAR
1,455 m³
Parcel 23024D0493/00C002, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RIETRANSCO
Strijlandstraat 64A, 1755 PajottegemSite preparation
since 20242.368.195.315
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23024D0493/00C002 Flanders 423 m² 1 · 179 m² 11.1 m · 3 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.

Similar companies · same sector, comparable size

Of 21,225 companies in sector 81300 we hold annual accounts for 4,369. 3,206 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
Founded11-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81300Landscape service activities
43120Site preparation
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013414824
Also 9925:BE1013414824
Registered 04-10-2024

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.