RIG SYSTEM
ActiveSummary
RIG SYSTEM has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186k and a net result of €-66. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 81% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability37=
Solvency99=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.91 against 3.91 in 2024; short-term debt: 25.6% of total assets), and 25.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-08-2026, 16 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
16 d late
2024
26 d late
2023
141 d late
2022
507 d late
2021
50 d late
2018
134 d late
2017
245 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-66▲ 85.4%
2024 · €-451
2018: €3khighest value
2021: €-2klowest value
2024: €-451
2025: €-66▲ +85.4% vs 2024
2018 → 2025
Working capital
€186k=
2024 · €186k
2018: €194khighest value
2021: €187k
2022: €187k● -0.0% vs 2021
2023: €187k● 0.0% vs 2022
2024: €186k▼ -0.2% vs 2023
2025: €186k● -0.0% vs 2024lowest value
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€187k-€187k=€187k=€186k▼ 0.2%€186k=
2021: €187khighest in 5 years
2022: €187k● -0.0% vs 2021
2023: €187k● 0.0% vs 2022
2024: €186k▼ -0.2% vs 2023
2025: €186k● -0.0% vs 2024lowest in 5 years
Operating result€-2k-€-451€-66▲ 85.4%
2021: €-2klowest value
2024: €-451
2025: €-66▲ +85.4% vs 2024highest value
Net result€-2k-€-451€-66▲ 85.4%
2021: €-2klowest value
2024: €-451
2025: €-66▲ +85.4% vs 2024highest value
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66 in 2025 against €451 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €250k
Equity
€186k =
Debt
€64k ▲ 0.1%
Debt's share of the balance-sheet total stays at 25.6%.
Key figures and ratios
Current ratio
3.91▼
2024 · 3.91
Quick ratio
0.00=
2024 · 0.00
Debt to equity
0.34▲
2024 · 0.34
ROE
0.0%▲
2024 · -0.2%
ROA
0.0%▲
2024 · -0.2%
Debt ≤ 1 year
€64k▲
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Operating profit (loss)9901 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Financial charges65/66B | €464 | - | - | - | - | - |
| Recurring financial charges65 | €464 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Profit (loss) for the period9904 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Profit (loss) for the period to be appropriated9905 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273k | €250k | €250k | €250k | €250k | = |
| Fixed assets21/28 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - |
| Current assets29/58 | €273k | €250k | €250k | €250k | €250k | = |
| Stocks and contracts in progress3 | €250k | €250k | €250k | €250k | €250k | = |
| Stocks30/36 | €250k | €250k | €250k | €250k | €250k | = |
| Amounts receivable within one year40/41 | €23k | - | - | - | - | - |
| Other amounts receivable41 | €23k | - | - | - | - | - |
| Cash at bank and in hand54/58 | €24 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273k | €250k | €250k | €250k | €250k | = |
| Equity10/15 | €187k | €187k | €187k | €186k | €186k | = |
| Contributions10/11 | €296k | €296k | €296k | €296k | €296k | = |
| Capital10 | €296k | - | €296k | €296k | €296k | = |
| Issued capital100 | €296k | - | €296k | €296k | €296k | = |
| Profit (loss) carried forward14 | €-110k | €-110k | €-110k | €-110k | €-110k | ▼ 0.1% |
| Amounts payable17/49 | €87k | €63k | €63k | €64k | €64k | ▲ 0.1% |
| Amounts payable within one year42/48 | €87k | €63k | €63k | €64k | €64k | ▲ 0.1% |
| Trade debts44 | €2k | - | - | - | - | - |
| Suppliers440/4 | €2k | - | - | - | - | - |
| Other amounts payable47/48 | €84k | €63k | €63k | €64k | €64k | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
| Operating cash flow (approximation) | €-2k | - | - | €-451 | €-66 | ▲ 85.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 16 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 141 days late
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 507 days late
2022
19-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 50 days late
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
2020
11-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 925 days late
11-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 1290 days late
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 134 days late
02-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 245 days late
2015
25-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Nivelles · 1 establishment unit since 2006
Ground area
138 m²
Building footprint
132 m²
Volume, LiDAR
1,247 m³
Parcel 25783E0069/00T003, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rig System
since 20062.152.018.442
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0069/00T003 | Wallonia | 138 m² | 1 · 132 m² | 10.6 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.
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 5,179 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71111Activities of building architects
71112Activities of interior architects
71113Urban planning and landscape architecture
Scores and ratios are computed by Checked and are not a credit decision.