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RIG SYSTEM

Open bankruptcy
Public limited companyfounded 2006Faubourg de Soignies 66/B, 1400 Nivelles, BelgiumKBO/BCE: BE 0879.451.587

A bankruptcy procedure is open for RIG SYSTEM according to publications in the Belgian Official Gazette; trustee: Maître Cools-Doumont.

Summary

The 2025 annual accounts show equity of €185,985 and a net result of -€66.

RIG SYSTEMOpen bankruptcy

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (16 days) Filed on 16 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402363.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€66▲ 85.4%
2024 · -€451
Working capital
€185,985=
2024 · €186,051
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 6 financial years

The operating result stays negative: a loss of €66 in 2025 against €451 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€66 2025 Net result-€66 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201820212022202320242025
Operating result€2,847--€1,988--€451-€66▲ 85.4%
Net result€2,643--€2,452below the sector's middle half--€451below the sector's middle half-€66below the sector's middle half▲ 85.4%
Equity€193,684-€186,502within the sector's middle half-€186,502above the sector's middle half=€186,502above the sector's middle half=€186,051above the sector's middle half▼ 0.2%€185,985within the sector's middle half=
Total assets€253,725-€273,224within the sector's middle half-€250,000within the sector's middle half▼ 8.5%€250,000within the sector's middle half=€250,000within the sector's middle half=€250,000within the sector's middle half=
Debt€60,041-€86,722-€63,498▼ 26.8%€63,498=€63,949▲ 0.7%€64,015▲ 0.1%
Working capital€193,684-€186,502within the sector's middle half-€186,502above the sector's middle half=€186,502above the sector's middle half=€186,051above the sector's middle half▼ 0.2%€185,985within the sector's middle half=
Solvency76.3%-68.3%above the sector's middle half-74.6%within the sector's middle half▲ 6.3pp74.6%within the sector's middle half=74.4%within the sector's middle half▼ 0.2pp74.4%above the sector's middle half=
Current ratio4.23-3.15above the sector's middle half-3.94within the sector's middle half▲ 0.793.94within the sector's middle half=3.91within the sector's middle half▼ 0.033.91above the sector's middle half=
Return on assets (ROA)1.0%--0.9%below the sector's middle half--0.2%below the sector's middle half0.0%below the sector's middle half▲ 0.2pp
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €250,000
Equity €185,985 =
Debt €64,015 ▲ 0.1%
Debt's share of the balance-sheet total stays at 25.6%.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.00=
2024 · 0.00
Debt to equity
0.34▲
2024 · 0.34
ROE
0.0%▲
2024 · -0.2%
Debt ≤ 1 year
€64,015▲
2024 · €63,949
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 20 lines
Balance sheet Code20242025
Assets
Total assets20/58€250,000€250,000=
Current assets29/58€250,000€250,000=
Stocks and contracts in progress3€250,000€250,000=
Stocks30/36€250,000€250,000=
Equity and liabilities
Total equity and liabilities10/49€250,000€250,000=
Equity10/15€186,051€185,985=
Contributions10/11€296,320€296,320=
Capital10€296,320€296,320=
Issued capital100€296,320€296,320=
Profit (loss) carried forward14-€110,269-€110,335▼
Amounts payable17/49€63,949€64,015▲
Amounts payable within one year42/48€63,949€64,015▲
Other amounts payable47/48€63,949€64,015▲
Income statement Code20242025
Gross operating margin9900-€451-€66▲
Operating profit (loss)9901-€451-€66▲
Profit (loss) for the period before taxes9903-€451-€66▲
Profit (loss) for the period9904-€451-€66▲
Profit (loss) for the period to be appropriated9905-€451-€66▲
Appropriation of the result
Profit (loss) to be appropriated9906-€110,269-€110,335▼
Profit (loss) brought forward from the previous period14P-€109,818-€110,269▼
Line201820212022202320242025Change
Gross operating margin9900€3,795-€1,988---€451-€66▲ 85.4%
Operating profit (loss)9901€2,847-€1,988---€451-€66▲ 85.4%
Financial charges65/66B-€464-----
Recurring financial charges65€204€464-----
Profit (loss) for the period before taxes9903€2,643-€2,452---€451-€66▲ 85.4%
Profit (loss) for the period9904€2,643-€2,452---€451-€66▲ 85.4%
Profit (loss) for the period to be appropriated9905€2,643-€2,452---€451-€66▲ 85.4%
Line201820212022202320242025Change
Assets
Total assets20/58€253,725€273,224€250,000€250,000€250,000€250,000=
Fixed assets21/28-€0-----
Intangible fixed assets21€0------
Tangible fixed assets22/27-€0-----
Current assets29/58€253,725€273,224€250,000€250,000€250,000€250,000=
Stocks and contracts in progress3€250,000€250,000€250,000€250,000€250,000€250,000=
Stocks30/36-€250,000€250,000€250,000€250,000€250,000=
Amounts receivable within one year40/41€3,701€23,200-----
Other amounts receivable41-€23,200-----
Cash at bank and in hand54/58€24€24-----
Equity and liabilities
Total equity and liabilities10/49€253,725€273,224€250,000€250,000€250,000€250,000=
Equity10/15€193,684€186,502€186,502€186,502€186,051€185,985=
Contributions10/11€296,320€296,320€296,320€296,320€296,320€296,320=
Capital10-€296,320-€296,320€296,320€296,320=
Issued capital100-€296,320-€296,320€296,320€296,320=
Profit (loss) carried forward14-€102,636-€109,818-€109,818-€109,818-€110,269-€110,335▼ 0.1%
Amounts payable17/49€60,041€86,722€63,498€63,498€63,949€64,015▲ 0.1%
Amounts payable within one year42/48€60,041€86,722€63,498€63,498€63,949€64,015▲ 0.1%
Trade debts44-€2,474-----
Suppliers440/4-€2,474-----
Other amounts payable47/48-€84,248€63,498€63,498€63,949€64,015▲ 0.1%
Line201820212022202320242025Change
Profit (loss) for the period9904€2,643-€2,452---€451-€66▲ 85.4%
Operating cash flow (approximation)€2,643-€2,452---€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.

Download as CSV

Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 16-08-2026 2026-00402363
31-12-2024 micro format 26-08-2025 2025-00460568
31-12-2023 micro format 19-12-2024 2024-00622171
31-12-2022 micro format 19-12-2024 2024-00621794
31-12-2021 full format 19-09-2022 2022-20435663
31-12-2018 full format 12-12-2019 2019-76300463
31-12-2017 full format 02-04-2019 2019-09400249
31-12-2016 full format 11-02-2020 2020-05000114
31-12-2015 full format 11-02-2020 2020-05000068
31-12-2014 full format 25-09-2015 2015-60700186

Show all 18 filings

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