RIFORCE
ActiveSummary
RIFORCE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €287k and a net result of €49k. Equity is growing by ~60.1% per year across the filed fiscal years. Its solvency ranks better than 35% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-21
Solvency54▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.38 in 2024; short-term debt: 70.5% and cash: 30.8% of total assets), and 70.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
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
29.5%
Return on assets
5%
Age of the figures
12 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-06-2026, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
32 d late
2024
6 d early
2023
28 d late
2022
23 d early
2021
33 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€287k▲ 20.5%
2024 · €238k
2018: €-79k
2019: €-33k
2020: €-6k
2021: €17k
2022: €98k
2023: €158k
2024: €238k
2018 → 2025
Total assets
€975k▲ 35.1%
2024 · €722k
2018: €440k
2019: €649k
2020: €502k
2021: €473k
2022: €585k
2023: €791k
2024: €722k
2018 → 2025
Net result
€49k▼ 69.4%
2024 · €160k
2018: €-49k
2019: €45k
2020: €27k
2021: €23k
2022: €161k
2023: €140k
2024: €160k
2018 → 2025
Working capital
€234k▲ 27.4%
2024 · €184k
2018: €-53k
2019: €-5k
2020: €-26k
2021: €-11k
2022: €69k
2023: €109k
2024: €184k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€98k▲ 488%€158k▲ 61.5%€238k▲ 50.4%€287k▲ 20.5%
Operating result€47k-€204k▲ 333%€171k▼ 16.2%€200k▲ 16.6%€73k▼ 63.4%
Net result€23k-€161k▲ 607%€140k▼ 13.1%€160k▲ 13.9%€49k▼ 69.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 63% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €975k
Fixed assets
€53k ▼ 2.6%
Current assets
€922k ▲ 38.2%
Equity and liabilities €975k
Equity
€287k ▲ 20.5%
Debt
€688k ▲ 42.3%
Debt's share of the balance-sheet total rises from 67.0% to 70.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▼
2024 · €209k
Cash flow
€61k▼
2024 · €169k
Current ratio
1.34▼
2024 · 1.38
Quick ratio
1.22▲
2024 · 1.16
Debt to equity
2.40▲
2024 · 2.03
ROE
17.0%▼
2024 · 67.1%
ROA
5.0%▼
2024 · 22.1%
Interest coverage
15.22▼
2024 · 29.17
Debt ≤ 1 year
€688k▲
2024 · €483k
Income taxes
€19k▼
2024 · €33k
Staff costs
€200k▲
2024 · €194k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€722k€975k▲
Fixed assets21/28€54k€53k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€51k€49k▼
Plant, machinery and equipment23€12k€11k▼
Furniture and vehicles24€27k€28k▲
Other tangible fixed assets26€11k€10k▼
Financial fixed assets28€0€1k▲
Current assets29/58€667k€922k▲
Amounts receivable after more than one year29-€4k
Other amounts receivable291-€4k
Stocks and contracts in progress3€105k€84k▼
Stocks30/36€105k€84k▼
Amounts receivable within one year40/41€381k€525k▲
Trade receivables40€373k€504k▲
Other amounts receivable41€8k€22k▲
Cash at bank and in hand54/58€171k€300k▲
Deferred charges and accrued income490/1€10k€9k▼
Equity and liabilities
Total equity and liabilities10/49€722k€975k▲
Equity10/15€238k€287k▲
Contributions10/11€45k€45k=
Reserves13€193k€242k▲
Tax-exempt reserves132€26€26=
Distributable reserves133€193k€242k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€483k€688k▲
Amounts payable within one year42/48€483k€688k▲
Financial debts43€203k€276k▲
Credit institutions430/8€203k€276k▲
Trade debts44€111k€199k▲
Suppliers440/4€111k€199k▲
Taxes, remuneration and social security45€56k€100k▲
Taxes450/3€19k€51k▲
Remuneration and social security454/9€37k€48k▲
Other amounts payable47/48€114k€113k▼
Accrued charges and deferred income492/3€290€299▲
Income statement
Code20242025
Remuneration, social security and pensions62€194k€200k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€3k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€411k€293k▼
Operating profit (loss)9901€200k€73k▼
Financial income75/76B€112€534▲
Recurring financial income75€112€534▲
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€193k€68k▼
Income taxes67/77€33k€19k▼
Profit (loss) for the period9904€160k€49k▼
Profit (loss) for the period to be appropriated9905€160k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€160k€49k▼
Transfer to equity691/2€80k€49k▼
To other reserves6921€80k€49k▼
Profit to be distributed694/7€80k€0▼
Directors or managers695€80k€0▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (21 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 32 days late
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €200kEq €238k ▲50.4%
6 profitable years in a row build equity to €238k.
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
30-09
Financial
Equity above €150kEq €158k ▲61.5%
5 profitable years in a row build equity to €158k.
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €161k ▲607%
Operating result €204k, net result €161k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-03
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.
Directors · office · real estate
Directors
9 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, Avelgem · 1 establishment unit since 2006
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.
Burchthof 88580 AvelgemGround area
352 m²
Building footprint
94 m²
Volume, LiDAR
574 m³
Parcel 34003A0761/00H000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20062.152.151.074
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A0761/00H000 | Flanders | 352 m² | 1 · 94 m² | 8.9 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
Jean Marie LATOUR
BE 0455.061.147
Liège · Eq €285,814
JAFI - DUYM
BE 0456.777.552
Zulte · Eq €289,009
MARBRERIE VAN DEN BOGAERT
BE 0651.760.915
Marche-en-Famenne · Eq €285,252
BeLuxStone
BE 0659.989.483
Neufchâteau · Eq €289,238
IMMO ITTERVALLEI
BE 0430.742.455
Bree · Eq €291,068
Of 738 companies in sector 23700 we hold annual accounts for 490. 419 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-02-2006
Fiscal year end30-09
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
46831Wholesale of construction materials, general range
46620Wholesale of machine tools
47521Retail sale of hardware, building materials, paint and glass (general range)
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.