RINALDO
ActiveThe computed 12-month bankruptcy probability of RINALDO is 2.0% (moderate). The 2025 annual accounts show equity of €28k and a net result of €2k. Equity is shrinking by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 27451 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▲+3
Solvency75▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 2.24 in 2024; short-term debt: 49.6% and cash: 21.8% of total assets), and 49.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
4.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €28k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 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
38 d late
2024
28 d late
2023
12 d late
2022
7 d late
2021
29 d late
2020
26 d late
← 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
Equity
€28k▲ 9.3%
2024 · €26k
2020: €39k
2021: €59k
2022: €27k
2023: €25k
2024: €26k
2020 → 2025
Total assets
€57k▲ 24.2%
2024 · €46k
2020: €67k
2021: €73k
2022: €50k
2023: €35k
2024: €46k
2020 → 2025
Net result
€2k▲ 213%
2024 · €777
2020: €34k
2021: €20k
2022: €-32k
2023: €-2k
2024: €777
2020 → 2025
Working capital
€27k▲ 11.3%
2024 · €24k
2020: €25k
2021: €46k
2022: €22k
2023: €22k
2024: €24k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€27k▼ 54.1%€25k▼ 6.0%€26k▲ 3.1%€28k▲ 9.3%
Operating result€28k-€-32k€-2k▲ 94.8%€966€3k▲ 163%
Net result€20k-€-32k€-2k▲ 94.4%€777€2k▲ 213%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 163% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€2k▼ 14.6%
Current assets
€55k▲ 26.0%
Equity and liabilities €57k
Equity
€28k▲ 9.3%
Debt
€28k▲ 44.2%
The debt ratio rises from 42.8% to 49.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3k▲
2024 · €2k
Cash flow
€3k▲
2024 · €2k
Solvency
50.4%▼
2024 · 57.2%
Current ratio
1.96▼
2024 · 2.24
Quick ratio
1.56▼
2024 · 1.65
Debt / equity
0.98▲
2024 · 0.75
ROE
8.5%▲
2024 · 3.0%
ROA
4.3%▲
2024 · 1.7%
Interest coverage
26.45▲
2024 · 10.51
Debt
€28k▲
2024 · €19k
Debt ≤ 1 year
€28k▲
2024 · €19k
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€46k€57k▲
Formation expenses20-€0
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24-€0
Other tangible fixed assets26€2k€2k▼
Current assets29/58€44k€55k▲
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€21k€29k▲
Trade receivables40€20k€29k▲
Other amounts receivable41€999-
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€46k€57k▲
Equity10/15€26k€28k▲
Contributions10/11€5k€5k=
Reserves13€54k€54k=
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€-32k€-30k▲
Amounts payable17/49€19k€28k▲
Amounts payable within one year42/48€19k€28k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€2k€10k▲
Taxes450/3€2k€10k▲
Other amounts payable47/48€14k€12k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€289▼
Other operating charges640/8€667€610▼
Gross operating margin9900€3k€3k▲
Operating profit (loss)9901€966€3k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€189€107▼
Recurring financial charges65€189€107▼
Profit (loss) for the period before taxes9903€777€2k▲
Profit (loss) for the period9904€777€2k▲
Profit (loss) for the period to be appropriated9905€777€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-30k▲
Profit (loss) brought forward from the previous period14P€-33k€-32k▲
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
Next filing, fiscal year 2026, expected by
2026
07-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 38 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €777
Net result €777 after 2 loss-making years.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €-32k ▼259%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.15
Current ratio from 1.90 to 4.15; short-term debt falls from €28k to €15k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 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, Lievegem · 1 establishment unit since 2019
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.
Bauwerwaan 509930 LievegemGround area
1,203 m²
Building footprint
193 m²
Volume, LiDAR
943 m³
Parcel 44080D1269/00B000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RINALDO
since 20192.296.340.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44080D1269/00B000 | Flanders | 1,203 m² | 1 · 193 m² | 7.9 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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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,899 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2019
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
33200Installation of industrial machinery and equipment
43350Other building finishing work
62020IT consultancy
62200Computer consultancy and computer facilities management
74201Photography, excluding press photography
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.