Riga De Wolf - Matthys
ActiveRiga De Wolf - Matthys has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227k and a net result of €-1k. Equity is shrinking by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 18040 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+52
Solvency100=
Growth52▲+14
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 18.31 against 1.19 in 2024; short-term debt: 0.6% and cash: 5.9% of total assets), and 3% of the assets are financed with debt.
Credit advice 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
8 d early
2023
7 d early
2022
2 d early
2021
13 d early
2020
11 d early
2019
on the day
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€80k▲ 472%
2024 · €14k
2018: €67k
2019: €96k
2020: €85k
2021: €88k
2022: €92k
2023: €79k
2024: €14k
2018 → 2025
EBIT margin
-4.6%▲ 552.3pp
2024 · -556.9%
2018: -71.7%
2019: -15.8%
2020: -35.2%
2021: -7.3%
2022: -17.9%
2023: -44.6%
2024: -556.9%
2018 → 2025
Net result
€-1k
2024 · €9k
2018: €-41k
2019: €-9k
2020: €-24k
2021: €1k
2022: €-9k
2023: €-28k
2024: €9k
2018 → 2025
Working capital
€26k▲ 861%
2024 · €3k
2018: €46k
2019: €64k
2020: €71k
2021: €89k
2022: €110k
2023: €89k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€88k-€92k▲ 3.6%€79k▼ 13.5%€14k▼ 82.4%€80k▲ 472%
Equity€256k-€247k▼ 3.4%€219k▼ 11.5%€228k▲ 4.3%€227k▼ 0.6%
Operating result€-6k-€-16k▼ 154%€-35k▼ 115%€-78k▼ 120%€-4k▲ 95.3%
Net result€1k-€-9k€-28k▼ 232%€9k€-1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €78k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€206k▼ 14.6%
Current assets
€28k▲ 63.9%
Equity and liabilities €234k
Equity
€227k▼ 0.6%
Provisions
€0▼ 100%
Debt
€7k▼ 75.0%
The debt ratio falls from 10.8% to 3.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€32k▲
2024 · €-45k
Cash flow
€34k▼
2024 · €42k
Solvency
97.0%▲
2024 · 88.3%
Current ratio
18.31▲
2024 · 1.19
Quick ratio
18.31▲
2024 · 1.19
Debt / equity
0.03▼
2024 · 0.12
ROE
-0.6%▼
2024 · 4.1%
ROA
-0.6%▼
2024 · 3.6%
Debt
€7k▼
2024 · €28k
Debt ≤ 1 year
€2k▼
2024 · €14k
Debt > 1 year
€5k▼
2024 · €14k
Staff costs
€400▲
2024 · €387
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€258k€234k▼
Fixed assets21/28€241k€206k▼
Tangible fixed assets22/27€241k€206k▼
Land and buildings22€80k€80k=
Furniture and vehicles24€25k€9k▼
Other tangible fixed assets26€136k€116k▼
Financial fixed assets28€250€250=
Current assets29/58€17k€28k▲
Amounts receivable after more than one year29€2k-
Other amounts receivable291€2k-
Amounts receivable within one year40/41€6k€10k▲
Trade receivables40-€3k
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€5k€14k▲
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€258k€234k▼
Equity10/15€228k€227k▼
Contributions10/11€403k€403k=
Capital10€403k-
Issued capital100€403k-
Reserves13€23k€18k▼
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k-
Reserves not available under the articles1311-€3k
Tax-exempt reserves132€6k-
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-198k€-194k▲
Provisions and deferred taxes16€2k-
Deferred taxes168€2k-
Amounts payable17/49€28k€7k▼
Amounts payable after more than one year17€14k€5k▼
Other amounts payable178/9€14k€5k▼
Amounts payable within one year42/48€14k€2k▼
Trade debts44€2k€2k▼
Suppliers440/4€903€111▼
Bills of exchange payable441€1k€1k▲
Other amounts payable47/48€12k-
Income statement
Code20242025
Turnover70€14k€80k▲
Goods, raw materials, services and sundry goods60/61€47k€51k▲
Remuneration, social security and pensions62€387€400▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€35k▲
Other operating charges640/8€11k€11k▼
Gross operating margin9900€-33k€43k▲
Operating profit (loss)9901€-78k€-4k▲
Financial income75/76B€81k-
Recurring financial income75€719-
Non-recurring financial income76B€80k-
Financial charges65/66B€45-
Recurring financial charges65€45-
Profit (loss) for the period before taxes9903€3k€-4k▼
Transfer from deferred taxes780€6k€2k▼
Profit (loss) for the period9904€9k€-1k▼
Transfer from tax-exempt reserves789€12k€6k▼
Profit (loss) for the period to be appropriated9905€22k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-198k€-194k▲
Profit (loss) brought forward from the previous period14P€-220k€-198k▲
The notes to these accounts (7 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 15current ratio 18.31
Current ratio from 1.19 to 18.31; short-term debt falls from €14k to €2k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 83.85
Current ratio from 33.20 to 83.85; short-term debt falls from €2k to €854.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 33.20
Current ratio from 6.27 to 33.20; short-term debt falls from €9k to €2k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 20 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Meise · 1 establishment unit since 1988
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.
Legerbosstraat 121860 MeiseGround area
756 m²
Building footprint
112 m²
Volume, LiDAR
549 m³
Parcel 23050F0193/00Z004, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Legerbosstraat 12, 1860 Meise
since 19882.040.277.115
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050F0193/00Z004 | Flanders | 756 m² | 1 · 112 m² | 7.3 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.
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DENIWOL
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H.G.N.
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,327 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1988
Fiscal year end31-12
Abbreviation NL
Riga
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.