Equity
€353,210 from €1.2m in 2023
Equity fell by 70% in 2 years.
RIKOR
Lifetime
10 annual accounts with figures on one time axispeak €1.3m (2023)
€1.1m▲ 38.3%
lowest -€17,134 (2020)
€772,318▲ 33.8%
peak €1.2m (2023)
€353,210▼ 69.4%
€3.0m▲ 79.2%
Board3 names since 2015
3 directors and 2 others
Documentsfilings and deeds
24-03-2026129 days before the deadline
2025abbreviated format
Gross margin from €814,383 to €1.1mResult from €577,179 to €772,318Dividend €1.6mEquity from €1.2m to €353,210Debts from €1.7m to €3.0mInvestments €782,443
Key points
from the 2025 annual accountsTurnover
≈ €4.7m estimated
The accounts state no turnover.
Debts
€3.0m 90% of the balance sheet
Financial debts 23%Suppliers 20%Taxes and wages 8%Other 49%
Of this, €2.3m falls due within a year.
Investments
€622,443 7.4 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 76846.6% higher than in 2024.
Filings
10 annual accounts since 2016
The last five annual accounts were filed 50 to 147 days before the end of the period.
Position in the sector
€772,318
Higher net result than 95% of companies in wholesale trade. Sector median €38,102 · 10,735 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,609 companies had the same profile as RIKOR has now. Each dot stands for 7 companies, two years later.
96.8%
were still trading
2.1%
stopped another way
1.0%
went bankrupt
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,609 companies, not a prediction for RIKOR. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 01-07-2015
Director, since 01-04-2021
Director, since 01-04-2021
- founderdeed of 02-07-2015
Recent changes
Environmental permit granted
Nieuwbouw of aanleggen · Kortrijk
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0632886495
Changes of role: (statutory director) and (director)
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 14-10-2022 · Gazette deed
Appointment: (director)
General meeting of 01-04-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RIKOR Kortrijk | €3.4m | €1.1m | 10.5% | - |
| Kras Belgium Rijkevorsel | €4.6m | €1.0m | 86.3% | 7.8 |
| Selo Belgium Bornem | €4.2m | €1.3m | 41.3% | 4.1 |
| CARTONNERIES DE WALLONIE Courcelles | €3.9m | €2.5m | 80.3% | 25.6 |
| HORSE'S LINE Fleurus | €2.6m | €0.5m | 47.8% | 5.6 |
| PRADO Mouscron | €2.1m | €0.6m | 96.5% | 2.3 |
| Toly Belgium Ottignies-Louvain-la-Neuve | €2.7m | €0.6m | 17.7% | 4.2 |
These companies have the same main activity as RIKOR: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €2.1m and €4.6m, founded between 2011 and 2015.
Official details
Source: KBO- Status
- Active since 30-06-2015Normal situation
- Activity
- Wholesale tradeNACE 46869and 1 other
- Establishment unit
- 2.243.393.0368510 Kortrijk, since 01-07-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 21-08-2024
Annual accounts 2025
- €3.4m▲ 18.8%
- Filing
- Filed on 24-03-2026, 129 days before the end of the filing period
Insights on RIKOR
RIKOR files the abbreviated format. That format states no turnover. The gross margin rose from €57,100 in 2016 to €1.1m 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 RIKOR
- What is the company number of RIKOR?
- The company number of RIKOR is 0632.886.495. The VAT number is the same number with BE in front: BE 0632.886.495.
- Where is RIKOR based?
- The registered office is at Pestelstraat 1, 8510 Kortrijk.Company details
- What does RIKOR do?
- According to the KBO register, the main activity is wholesale trade (NACE 46869).
- What is the legal form of RIKOR?
- RIKOR is a private limited company (BV).
- When was RIKOR founded?
- RIKOR was founded on 30-06-2015.
- Is RIKOR still active?
- Yes, RIKOR is an active enterprise in the KBO register.
- What is the turnover of RIKOR?
- The turnover in financial year 2025 is ≈ €4.7m. This figure is estimated from the gross margin of €1.1m and 97 comparable companies (NACE 46). It probably lies between €2.8m and €7.9m.Financials
- Is RIKOR profitable?
- In financial year 2025, RIKOR made a profit of €772,318.
- Where can I find the annual accounts of RIKOR?
- RIKOR filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RIKOR due?
- RIKOR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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