RIIFO EU
The computed 12-month bankruptcy probability of RIIFO EU is 2.4% (moderate). The 2024 annual accounts show negative equity (€-814k) and a net result of €-625k. Equity is shrinking by ~168.3% per year across the filed fiscal years. Its solvency ranks better than 11% of 969 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-814k |
| Net result | €-625k |
| Staff (FTE) | 2 |
| Better than sector | 11% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -20.9% | 27.3% | |
| Net result | €-625k | €23k | |
| Equity | €-814k | €170k | |
| Gross operating margin | €-392k | €174k | |
| Staff costs | €92k | €166k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-497k |
| Net profit | €-625k |
| Cash flow | €-624k |
| Staff costs | €92k |
| Income taxes | €-52 |
| Dividends | - |
| Total assets | €3.90M |
| Equity | €-814k |
| Debt | €4.71M |
| of which ≤ 1y | €4.68M |
| of which > 1y | - |
| Working capital | €-786k |
| Employees (FTE) | 2.0 |
| 2024 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.24 |
| Working capital ratio | -20.2% |
| Solvency | -20.9% |
| Debt / equity | -5.79 |
| Long-term debt ratio | - |
| Interest coverage | -2.52 |
| Gross margin | - |
| Net margin | - |
| ROA | -16.0% |
| ROE | 76.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.90M |
| Fixed assets | 21/28 | €8k |
| Tangible fixed assets | 22/27 | €943 |
| Financial fixed assets | 28 | €7k |
| Current assets | 29/58 | €3.89M |
| Stocks & contracts in progress | 3 | €2.77M |
| Amounts receivable within one year | 40/41 | €540k |
| Cash & bank | 54/58 | €579k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.90M |
| Equity | 10/15 | €-814k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-824k |
| Amounts payable | 17/49 | €4.71M |
| Amounts payable within one year | 42/48 | €4.68M |
| Trade debts payable within one year | 44 | €3.61M |
| Income statement | ||
| Gross operating margin | 9900 | €-392k |
| Operating result | 9901 | €-497k |
| Financial income | 75 | €70k |
| Financial charges | 65 | €198k |
| Result before taxes | 9903 | €-625k |
| Income taxes | 67/77 | €-52 |
| Net result for the period | 9904 | €-625k |
| Result to be appropriated | 9905 | €-625k |
-
Current01-03-2025 → present
Former directors (1)
-
Former- → 01-03-2025
| NACE primary | Groothandel in installatiemateriaal voor loodgieterswerk en verwarming(46842) |
| Legal form | Private limited company(610) |
| Incorporation | 24-01-2022 |
| Status | Active |
| Postal code | 2500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0300/00C000 | Flanders | 5.6 ha | 1 · 2.3 ha | 20.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
17-11-2025 1 director appointed, 1 resigning
- Lei Huang, Bestuurder
- Jiajia Cheng, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jiajia Cheng",
"address": null,
"birth_date": null
},
"effective_date": "2025-03-01",
"evidence_quote": "De enige aandeelhouder neemt hierbij kennis van het ontslag van de heer Jiajia Cheng, als bestuurder van de Vennootschap met ingang van 1 maart 2025."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Lei Huang",
"address": null,
"birth_date": null
},
"effective_date": "2025-03-01",
"evidence_quote": "De enige aandeelhouder bevestigd zijn besluit om de heer Lei Huang, woonplaats kiezend op de zetel van de Vennootschap, te benoemen als nieuwe bestuurder van de Vennootschap met ingang van 1 maart 2025, voor onbepaalde duur."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0780.828.125",
"name_full": "RIIFO EU",
"legal_form": "BV"
}
}13-01-2023 Registered office moved from BRUSSEL to Lier
- Havenlaan 86C, 1000 BRUSSEL → Duwijckstraat 17, 2500 Lier
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Lier",
"region": null,
"street": "Duwijckstraat",
"country": "BE",
"postcode": "2500",
"box_number": null,
"street_number": "17"
},
"old_address": {
"city": "BRUSSEL",
"region": null,
"street": "Havenlaan",
"country": "BE",
"postcode": "1000",
"box_number": "204",
"street_number": "86C"
},
"effective_date": "2023-01-01",
"evidence_quote": "De raad van bestuur van RIIFO EU BV met ondernemingsnummer 0780.828.126 heeft in een naar behoren bijeengeroepen vergadering op 1 december 2022 besloten om de maatschappelijke zetel van de vennootschap verplaatsen naar het volgende adres, en dit met ingang vanaf 1 januari 2023: te Duwijckstraat 17 2500 Lier Belgi\u00EB"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0780.828.125",
"name_full": "RIIFO EU",
"legal_form": "BV"
}
}26-01-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1000 Brussel, Havenlaan 86C bus 204",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0775.371.676",
"name": "RIIFO GROUP INTERNATIONAL HOLDINGS LIMITED"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": "0775.371.676",
"holder_org_name": "RIIFO GROUP INTERNATIONAL HOLDINGS LIMITED",
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 10000,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0780.828.125",
"name_full": "RIIFO EU",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-01-20",
"post_incorporation_mandates": []
}| Legal nameNL | RIIFO EU |