Equity
€62,852 ▲ 24.2%
RIGA has made a profit without a break since 2020.
RIGA
Lifetime
9 annual accounts with figures on one time axispeak €60,317 (2025)
€60,317▲ 35.1%
lowest -€5,512 (2018)
€12,258▲ 107×
peak €62,852 (2025)
€62,852▲ 24.2%
€99,902▼ 17.9%
Board3 names since 2017
2 directorsVerpillat Alain and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Gross margin from €44,646 to €60,317Result from €115 to €12,258Equity from €50,593 to €62,852Debts from €121,712 to €99,902Cash from €23,601 to €10,597
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 55% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.5%▼ -0.1 percentage points vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025lowest value
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.9%▲ +0.3 percentage points vs 07-2025
09-2025: 1.1%▲ +0.2 percentage points vs 08-2025
10-2025: 0.6%▼ -0.5 percentage points vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 1.1%▲ +0.5 percentage points vs 07-2026
09-2026: 1.3%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 1.0%▼ -0.3 percentage points vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 61 days late; 2 of the last 3 accounts late
Size: total assets €162,754
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2012
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 54% of them on solvency, 23% on liquidity, 68% on profitability and 76% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as RIGA has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of RIGA itself is higher: 1.0% within 12 months. It rests on far more data about RIGA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for RIGA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.27 (0.26 in 2024), below 1. Short-term debt is 61.4% and cash 6.5% of total assets. 61.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
61 days late
2024
36 days late
2023
29 days late
2022
42 days late
2021
52 days late
2020
25 days late
2019
83 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 47 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0845523462
Change of role: VERPILLAT Alain Muriel Michel, from manager to director
Director discharge: VERPILLAT Alain Muriel Michel · Gazette deed
Company renamed from ALINO VESPUCCI to RIGA
Capital increase of €18,450 to €18,600 · Capital from €150 to €18,600 · Contribution: Verpillat Alain · Gazette deed
Merger: ALINO VESPUCCI takes over RIGA
Resignation: VOS Gisèle (manager) · The company holds all the shares of RIGA · Director discharge: VOS Gisèle · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RIGA Antwerp | €162,754 | €60,317 | 38.6% | - |
| ALPHA BAGS & TRAVEL Roosdaal | €157,060 | €46,211 | 31.9% | - |
| Dartblue Antwerp | €163,935 | €45,436 | 46.2% | - |
| ZIOZIO Herselt | €128,711 | €64,232 | 69.5% | - |
| DesignFredDéco Manage | €180,978 | €48,800 | 58.5% | - |
| TOPS FASHION Bilzen-Hoeselt | €119,418 | €63,429 | 36.6% | - |
| Boa Bay Antwerp | €200,828 | €51,059 | 45.1% | - |
These companies have the same main activity as RIGA: retail trade (NACE 47722). They are comparable in size and age: total assets between €119,000 and €201,000, founded between 2009 and 2015.
Official details
Source: KBO- Status
- Active since 04-04-2012Normal situation
- Registered office
- 25 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Retail tradeNACE 47722
- Establishment unit
- 2.209.900.3222000 Antwerp, since 04-04-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Insights on RIGA
RIGA files the micro format. That format states no turnover. The gross margin rose from €18,816 in 2017 to €60,317 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RIGA
- What is the company number of RIGA?
- The company number of RIGA is 0845.523.462. The VAT number is the same number with BE in front: BE 0845.523.462.
- Where is RIGA based?
- The registered office is at Huidevettersstraat 38-40, 2000 Antwerp.Company details
- What does RIGA do?
- According to the KBO register, the main activity is retail trade (NACE 47722).
- What is the legal form of RIGA?
- RIGA is a private limited company (BV).
- When was RIGA founded?
- RIGA was founded on 04-04-2012.
- Is RIGA still active?
- Yes, RIGA is an active enterprise in the KBO register.
- How many employees does RIGA have?
- RIGA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RIGA?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €60,317 and 45 comparable companies (NACE 477). It probably lies between €160,000 and €390,000.
- Is RIGA profitable?
- In financial year 2025, RIGA made a profit of €12,258.
- Where can I find the annual accounts of RIGA?
- RIGA filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RIGA due?
- RIGA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.