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RIGGI-RIGGI

Active
Private limited companyfounded 2018active for 8 yearsKlapscheutstraat 72, 1741 Ternat, BelgiumKBO/BCE: BE 0692.808.345

Financials · financial year 2025, micro format

2025 annual accounts filed 30 days after the deadline Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00455043.

Annual accounts 2025 filed on 30-08-2026 at the NBB all 8 filings

Equity
-€4,569▼ 37.8%
2024 · -€3,316
Total assets
€50,274▲ 80×
2024 · €628
Net result
-€1,253▼ 1,770%
2024 · -€67
Working capital
-€4,569▼ 37.8%
2024 · -€3,316
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€1,217
▼ 2,943% 2025
20182025
Net result
-€1,253
▼ 1,770% 2025
middle half of the sector
20182025
Equity
-€4,569
▼ 37.8% 2025
lowest quarter of the sector
20182025
Total assets
€50,274
▲ 80× 2025
lowest quarter of the sector
20182025
Debt
€54,843
▲ 14× 2025
20182025
Working capital
-€4,569
▼ 37.8% 2025
middle half of the sector
20182025
Solvency
-9.1%
2025
lowest quarter of the sector
20182025
Current ratio
0.92
2025
middle half of the sector
20182025
Return on assets (ROA)
-2.5%
2025
lowest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€635--€3,568▼ 462%-€1,405▲ 60.6%-€1,683▼ 19.8%-€1,716▼ 2.0%-€240▲ 86.0%-€40▲ 83.3%-€1,217▼ 2,943%
Net result-€657--€3,604▼ 449%-€1,441within the sector's middle half▲ 60.0%-€1,719within the sector's middle half▼ 19.3%-€1,752within the sector's middle half▼ 1.9%-€276within the sector's middle half▲ 84.2%-€67within the sector's middle half▲ 75.7%-€1,253within the sector's middle half▼ 1,770%
Equity€5,543-€1,939▼ 65.0%€498below the sector's middle half▼ 74.3%-€1,221below the sector's middle half-€2,973below the sector's middle half▼ 144%-€3,249below the sector's middle half▼ 9.3%-€3,316below the sector's middle half▼ 2.1%-€4,569below the sector's middle half▼ 37.8%
Total assets€7,178-€3,645▼ 49.2%€4,807below the sector's middle half▲ 31.9%€4,531below the sector's middle half▼ 5.7%€4,255below the sector's middle half▼ 6.1%€236below the sector's middle half▼ 94.5%€628below the sector's middle half▲ 166%€50,274below the sector's middle half▲ 80×
Debt€1,635-€1,706▲ 4.4%€4,308▲ 153%€5,752▲ 33.5%€7,228▲ 25.7%€3,485▼ 51.8%€3,944▲ 13.2%€54,843▲ 14×
Working capital€4,543-€1,179▼ 74.0%-€262within the sector's middle half-€1,741within the sector's middle half▼ 565%-€3,253within the sector's middle half▼ 86.9%-€3,289within the sector's middle half▼ 1.1%-€3,316within the sector's middle half▼ 0.8%-€4,569within the sector's middle half▼ 37.8%
Solvency77.2%--9.1%below the sector's middle half
Current ratio3.78-0.92within the sector's middle half
Return on assets (ROA)-9.2%--2.5%below the sector's middle half
above within below The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €1,217, larger than the loss of €40 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them.

Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€54,843▲
2024 · €3,944
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets---€40-
Depreciation and write-downs of the year€240€240€240€40-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€628€50,274▲
Current assets29/58€628€50,274▲
Amounts receivable within one year40/41-€50,000
Trade receivables40-€50,000
Cash at bank and in hand54/58€628€274▼
Equity and liabilities
Total equity and liabilities10/49€628€50,274▲
Equity10/15-€3,316-€4,569▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€9,516-€10,769▼
Amounts payable17/49€3,944€54,843▲
Amounts payable within one year42/48€3,944€54,843▲
Trade debts44-€400
Suppliers440/4-€400
Other amounts payable47/48€3,944€54,444▲
Income statement Code20242025
Non-recurring operating income76A-€640
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40-
Other operating charges640/8-€450
Gross operating margin9900--€768
Operating profit (loss)9901-€40-€1,217▼
Financial charges65/66B€27€36▲
Recurring financial charges65€27€36▲
Profit (loss) for the period before taxes9903-€67-€1,253▼
Profit (loss) for the period9904-€67-€1,253▼
Profit (loss) for the period to be appropriated9905-€67-€1,253▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,516-€10,769▼
Profit (loss) brought forward from the previous period14P-€9,449-€9,516▼

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-08-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€640-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200€240-€240€240€240€40--
Other operating charges640/8-------€450-
Gross operating margin9900-€87-€2,980-€1,405-€1,443-€1,476---€768-
Operating profit (loss)9901-€635-€3,568-€1,405-€1,683-€1,716-€240-€40-€1,217▼ 2,943%
Financial charges65/66B---€36€36€36€27€36▲ 33.3%
Recurring financial charges65€23€36€36€36€36€36€27€36▲ 33.3%
Profit (loss) for the period before taxes9903-€657-€3,604-€1,441-€1,719-€1,752-€276-€67-€1,253▼ 1,770%
Profit (loss) for the period9904-€657-€3,604-€1,441-€1,719-€1,752-€276-€67-€1,253▼ 1,770%
Profit (loss) for the period to be appropriated9905-€657-€3,604-€1,441-€1,719-€1,752-€276-€67-€1,253▼ 1,770%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€7,178€3,645€4,807€4,531€4,255€236€628€50,274▲ 80×
Formation expenses20€1,000€760€760€520€280€40---
Current assets29/58€6,178€2,885€4,047€4,011€3,975€196€628€50,274▲ 80×
Amounts receivable within one year40/41€2,256-€3,743€3,743€3,743--€50,000-
Trade receivables40-------€50,000-
Other amounts receivable41---€3,743€3,743----
Cash at bank and in hand54/58€3,921€2,885€304€268€232€196€628€274▼ 56.3%
Equity and liabilities
Total equity and liabilities10/49€7,178€3,645€4,807€4,531€4,255€236€628€50,274▲ 80×
Equity10/15€5,543€1,939€498-€1,221-€2,973-€3,249-€3,316-€4,569▼ 37.8%
Contributions10/11€6,200€6,200-€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€657-€4,261-€5,702-€7,421-€9,173-€9,449-€9,516-€10,769▼ 13.2%
Amounts payable17/49€1,635€1,706€4,308€5,752€7,228€3,485€3,944€54,843▲ 14×
Amounts payable within one year42/48€1,635€1,706€4,308€5,752€7,228€3,485€3,944€54,843▲ 14×
Trade debts44-€1-----€400-
Suppliers440/4-------€400-
Other amounts payable47/48---€5,752€7,228€3,485€3,944€54,444▲ 14×
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€657-€3,604-€1,441-€1,719-€1,752-€276-€67-€1,253▼ 1,770%
+ Depreciation and write-downs630€200€240-€240€240€240€40--
Operating cash flow (approximation)-€457-€3,364-€1,441-€1,479-€1,512-€36-€27-€1,253▼ 4,542%
Change in cash--€1,036-€2,581-€36-€36-€36€432-€354-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,564 companies had the same profile as RIGGI-RIGGI has now. Two years later, 88.9% were still going and 5.1% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
88.9% was still going
5.4% stopped otherwise
5.1% went bankrupt

Another 0.6% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of RIGGI-RIGGI itself is lower: 1.0% within 12 months. It rests on far more data about RIGGI-RIGGI than the profile alone.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,564 companies, not a prediction for RIGGI-RIGGI. 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.

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-08-2026 2026-00455043 PDF
31-12-2024 micro format 30-08-2025 2025-00484312 PDF
31-12-2023 micro format 04-12-2024 2024-00609676 PDF
31-12-2022 micro format 30-05-2023 2023-00103071 PDF
31-12-2021 micro format 02-06-2022 2022-20046299 PDF
31-12-2020 micro format 07-06-2021 2021-18200517 PDF
31-12-2019 micro format 13-07-2020 2020-29400393 PDF
31-12-2018 micro format 28-05-2019 2019-14800596 PDF

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