RIFAGA
InactiveRIFAGA was declared bankrupt on 18-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 07-01-2025, published in the Belgian State Gazette on 10-01-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 15-11-2022, 107 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
107 d late
2019
84 d late
2018
450 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€3k▲ 221%
2019 · €906
2018: €1k
2019: €906
2018 → 2021
Total assets
€17k▲ 30.5%
2019 · €13k
2018: €17k
2019: €13k
2018 → 2021
Net result
€6k
2019 · €-100
2018: €14k
2019: €-100
2018 → 2021
Working capital
€2k
2019 · €-1k
2018: €3k
2019: €-1k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192021Trend
Equity€1k-€906▼ 9.9%€3k▲ 221%
Operating result€14k-€281▼ 98.0%€7k▲ 2,371%
Net result€14k-€-100€6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €7k in 2021, compared with €281 in 2019. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2021 in colour, 2019 as the grey bar beneath
Assets €17k
Fixed assets
€916▼ 60.1%
Current assets
€16k▲ 49.6%
Equity and liabilities €17k
Equity
€3k▲ 221%
Debt
€14k▲ 16.5%
The debt ratio falls from 93.1% to 83.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€8k▲
2019 · €555
Cash flow
€7k▲
2019 · €175
Solvency
16.9%▲
2019 · 6.9%
Current ratio
1.14▲
2019 · 0.89
Quick ratio
1.14▲
2019 · 0.89
Debt / equity
4.93
ROE
210.4%
ROA
35.5%▲
2019 · -0.8%
Interest coverage
90.95
Debt
€14k▲
2019 · €12k
Debt ≤ 1 year
€14k▲
2019 · €12k
Income taxes
€729▲
2019 · €111
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 · 2021 against 2019
Balance sheet
Code20192021
Assets
Total assets20/58€13k€17k▲
Fixed assets21/28€2k€916▼
Tangible fixed assets22/27€2k€916▼
Plant, machinery and equipment23-€313
Furniture and vehicles24-€603
Current assets29/58€11k€16k▲
Amounts receivable within one year40/41€759-
Cash at bank and in hand54/58€10k€16k▲
Deferred charges and accrued income490/1-€113
Equity and liabilities
Total equity and liabilities10/49€13k€17k▲
Equity10/15€906€3k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€340€340=
Non-distributable reserves130/1-€340
Legal reserve130-€340
Profit (loss) carried forward14€-18k€-16k▲
Amounts payable17/49€12k€14k▲
Amounts payable within one year42/48€12k€14k▲
Trade debts44€5k€5k▼
Suppliers440/4-€5k
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48-€2k
Income statement
Code20192021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275€690▲
Other operating charges640/8-€398
Gross operating margin9900€1k€8k▲
Operating profit (loss)9901€281€7k▲
Recurring financial income75€9-
Financial charges65/66B-€84
Recurring financial charges65€279€84▼
Profit (loss) for the period before taxes9903€11€7k▲
Income taxes67/77€111€729▲
Profit (loss) for the period9904€-100€6k▲
Profit (loss) for the period to be appropriated9905€-100€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-16k
Profit (loss) brought forward from the previous period14P-€-22k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RIFAGA BV BREDABAAN 485, 2170 MERKSEM (ANTWERPEN) · event 07-01-2025
2024
24-01
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RIFAGA BV BREDABAAN 485, 2170 MERKSEM (ANTWERPEN) · event 18-01-2024
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 450 days late
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 815 days late
2019
31-12
Financial
Weakest financial yearnet €-100 ▼101%
Net result drops to €-100, the lowest in the series.
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
18-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
04-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
18-06
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | VALèRE VEREECKE COCKERILLKAAI 18,
2000 ANTWERPEN 1 |
18-01-2024 → present |