RIKA-BOIS
ActiveRIKA-BOIS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €199k and a net result of €8k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 58% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability19▼-11
Solvency96▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 3.33 against 4.76 in 2023), and 48.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
70 d late
2022
73 d late
2021
31 d early
2020
320 d late
2019
888 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€199k▲ 4.0%
2023 · €192k
2019: €111k
2020: €129k
2021: €143k
2022: €180k
2023: €192k
2019 → 2024
Total assets
€389k▲ 18.3%
2023 · €329k
2019: €136k
2020: €161k
2021: €180k
2022: €304k
2023: €329k
2019 → 2024
Net result
€8k▼ 34.8%
2023 · €12k
2019: €13k
2020: €18k
2021: €14k
2022: €37k
2023: €12k
2019 → 2024
Working capital
€119k▼ 14.9%
2023 · €140k
2019: €113k
2020: €130k
2021: €137k
2022: €144k
2023: €140k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€129k-€143k▲ 10.5%€180k▲ 25.9%€192k▲ 6.5%€199k▲ 4.0%
Operating result€25k-€24k▼ 4.5%€42k▲ 72.9%€19k▼ 53.6%€14k▼ 26.0%
Net result€18k-€14k▼ 25.7%€37k▲ 172%€12k▼ 68.6%€8k▼ 34.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 26% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €389k
Fixed assets
€218k▲ 44.3%
Current assets
€170k▼ 4.0%
Equity and liabilities €389k
Equity
€199k▲ 4.0%
Debt
€189k▲ 38.3%
The debt ratio rises from 41.7% to 48.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€39k=
2023 · €39k
Cash flow
€32k▲
2023 · €31k
Solvency
51.3%▼
2023 · 58.3%
Current ratio
3.33▼
2023 · 4.76
Quick ratio
3.33▼
2023 · 4.76
Debt / equity
0.95▲
2023 · 0.71
ROE
3.8%▼
2023 · 6.1%
ROA
2.0%▼
2023 · 3.5%
Interest coverage
5.80▼
2023 · 6.83
Debt
€189k▲
2023 · €137k
Debt ≤ 1 year
€51k▲
2023 · €37k
Debt > 1 year
€138k▲
2023 · €97k
Income taxes
€67▼
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€329k€389k▲
Fixed assets21/28€151k€218k▲
Tangible fixed assets22/27€151k€218k▲
Plant, machinery and equipment23€10k€94k▲
Leasing and similar rights25€141k€125k▼
Current assets29/58€177k€170k▼
Amounts receivable within one year40/41€177k€170k▼
Trade receivables40€9k€10k▲
Other amounts receivable41€167k€160k▼
Cash at bank and in hand54/58€296€230▼
Deferred charges and accrued income490/1€409€311▼
Equity and liabilities
Total equity and liabilities10/49€329k€389k▲
Equity10/15€192k€199k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Issued capital100€2k€2k=
Reserves13€248€248=
Non-distributable reserves130/1€248€248=
Legal reserve130€248€248=
Profit (loss) carried forward14€189k€197k▲
Amounts payable17/49€137k€189k▲
Amounts payable after more than one year17€97k€138k▲
Financial debts170/4€97k€138k▲
Amounts payable within one year42/48€37k€51k▲
Current portion of amounts payable after more than one year42€21k€39k▲
Trade debts44€942€4k▲
Suppliers440/4€942€4k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€11k€6k▼
Accrued charges and deferred income492/3€3k€323▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€25k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€40k€40k=
Operating profit (loss)9901€19k€14k▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€14k€8k▼
Income taxes67/77€2k€67▼
Profit (loss) for the period9904€12k€8k▼
Profit (loss) for the period to be appropriated9905€12k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189k€197k▲
Profit (loss) brought forward from the previous period14P€177k€189k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet €8k ▼34.8%
Net result drops to €8k, the lowest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 70 days late
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 73 days late
05-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 888 days late
2022
31-12
Financial
Highest result since 2019net €37k ▲172%
Operating result €42k, net result €37k, both a record.
31-12
Financial
Equity above €150kEq €180k ▲25.9%
4 profitable years in a row build equity to €180k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 320 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sankt Vith · 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.
Hinderhausen 614784 Sankt Vith1 establishment unit
Hinderhausen 61, 4784 Sankt Vith
since 19882.039.768.458
Similar companies · same sector, comparable size
THIERRY MORTIER
BE 0840.735.919
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HARJO
BE 0820.611.090
Heusden-Zolder · Eq €199k
PROMAC
BE 0447.289.071
Lochristi · Eq €198k
FAIRAMA
BE 0456.957.793
Tournai · Eq €203k
SEPULCHRE-DE BELLEFROID
BE 0422.336.614
Rixensart · Eq €204k
Of 858 companies in sector 46832 we hold annual accounts for 587. 396 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded27-04-1988
Fiscal year end31-12
Activities, NACEBEL
46832Wholesale of timber
02012
02200Logging
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filings
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.