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RINAREST

Active Private limited company (pre-2019)founded 2018active for 8 yearsRue de Roselies 27, 6250 Aiseau-PreslesKBO/BCE: BE 0694.874.544 #8 employer in Aiseau-Presles

Overview

Lifetime

7 annual accounts with figures on one time axis
peak €1.5m (2019)
€859,838▼ 20.5%
lowest -€138,066 (2022)
-€120,274▼ €144,911
peak €312,967 (2021)
€46,391▼ 72.2%
€608,999▼ 5.6%
peak 24.3 FTE (2023)
17.8 FTE▼ 19.8%
Board3 names since 2018
2 directorsRinaldi Florence and 1 other
Owners
Documentsfilings and deeds
18-05-202674 days before the deadline
2025financial year
Gross margin from €1.1m to €859,838Loss of €120,274Staff from 22.2 FTE to 17.8 FTEEquity from €166,665 to €46,391

Key points

from the 2025 annual accounts

Equity

€46,391 from €312,967 in 2021

Equity fell by 85% in 4 years.

Result

-€120,274 -€120,274
€24,6002024-€120,0002025

From profit to loss in 2025, after a profit of €24,637 in 2024.

Debts

€608,999 93% of the balance sheet
Financial debts 18%Suppliers 48%Taxes and wages 12%Other 22%

€244,617 of the debts are secured on the company's own assets. In 2022 that was €636,070.

Staff

17.8 FTE from 24.3 in 2023

Between 2023 and 2025, 27% of the full-time equivalents disappeared.

Filings

7 annual accounts since 2019
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 6 to 74 days before the end of the period.

Position in the sector

-€120,274

Lower net result than 90% of companies in food and beverage service. Sector median €9,699 · 964 companies.

Checked score

54
Fair
Financially stronger than 28% of small companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.9% across 1,614 companies (NACE 56, small).

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.6%▲ +0.1 percentage points vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.5%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▼ -0.6 percentage points vs 06-2025 08-2025: 0.9%● unchanged vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.8%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 0.8%● unchanged vs 01-2026lowest value 03-2026: 0.8%● unchanged vs 02-2026lowest value 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.7%▲ +0.8 percentage points vs 05-2026highest value 07-2026: 1.7%● unchanged vs 06-2026highest value 08-2026: 1.7%● unchanged vs 07-2026highest value 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026

Financial strength
Weak

32-14equity 7.1% of total assets
59-16short-term debt 76.1% · cash 48.4%
17-56return on assets -18.4%

Score breakdown

raises risk
Loss of €120,274 (financial year 2025)
Sector: Food and beverage service activities (NACE 56)
Equity €46,391 (7.1% of total assets)
lowers risk
Liquidity: current ratio 0.90, cash €317,010
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 22% of them on solvency, 68% on liquidity, 13% on profitability and 9% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 450 companies had the same profile as RINAREST has now. Each dot is one company, two years later.

87.1%
were still trading
5.3%
stopped another way
6.4%
went bankrupt
  • Small
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
  • without age

Another 1.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RINAREST itself: 1.7% within 12 months.

Test of the method

The method was tested on the 497,447 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 450 companies, not a prediction for RINAREST. 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

Credit of up to €2,500 on 30-day terms, only on tighter conditions

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is insufficient, with a current ratio of 0.9 (1.15 in 2024), below 1. Short-term debt is 76.1% and cash 48.4% of total assets. 92.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 0.90, cash €317,010
NBB · annual accounts
raises risk · Loss of €120,274 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €46,391 (7.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-05-2026, 74 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
74 days early
2024
39 days early
2023
6 days early
2022
70 days early
2021
12 days early
2020
36 days early
2019
3 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 34 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 June (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

RF
Rinaldi Florence
Director, since 18-04-2018
RM
Director, RINALDI Pietro, since 01-01-2021
  • RINALDI 24%score 84equity €514,283 (2025) · 2025 annual accounts of RINALDI
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0694874544
1 director appointed, 1 resignation Resignation: RINALDI Pietro · Appointment: RP MANAGEMENT · Permanent representative: RINALDI Pietro · General meeting of 01-02-2021 · Gazette deed
First establishment Rue de l'Essor 1, Sambreville
Incorporation published on 20-04-2018 · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
RINAREST Aiseau-Presles €655,390 €0.9m 7.1% 17.8
MDC4Life Overijse €625,733 €0.9m 62.0% 18.4
MRJKING Namur €588,510 €0.9m 55.7% 21.1
KV FOOD La Louvière €799,535 €0.9m -6.2% 20.3
CLEH Mons €522,484 €0.6m 44.7% 16.5
LA PLACE DES PYRAMIDES Mouscron €549,560 €1.1m 19.8% 22.8
GUR MOUSCRON Mouscron €778,771 €0.8m 10.5% 12.6

These companies have the same main activity as RINAREST: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €522,000 and €800,000, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 18-04-2018Normal situation
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Joint committee
302Hotels and catering · annual accounts 2025
Establishment unit
2.276.619.8905060 Sambreville, since 01-06-2018
Financial year end
31 December
Peppol
Reachable since 27-05-2025
Company details

Annual accounts 2025

€859,838▼ 20.5%
≈ €2.4mestimated
€120,274
€46,391▼ 72.2%
€655,390▼ 19.2%
17.8 FTE▼ 19.8%
Filing
Filed on 18-05-2026, 74 days before the end of the filing period
Financials

Insights on RINAREST

RINAREST has existed since 2018. The gross margin fell from €1.5m in 2019 to €859,838 in 2025.

Solvency fell in 2025 from 20.5% to 7.1% because of the loss.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 18-05-2026, 74 days before the deadline
€859,838
▼ 20.5%
-€99,255
▼ €137,886
-€120,274
▼ €144,911
-€48,999
▼ €108,237
7.1%
▼ 13.5 percentage points
0.90
▼ 0.25

The turnover shown is an estimate from the gross margin.

Turnover ≈ €2.4m. Estimated: probably between €2.0m and €2.7m.

Balance sheet

balance sheet total €655,390 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

7.1%

Higher than 28% of 963 companies in 2025.

0.90

Higher than 42% of 942 companies in 2025.

-18.4%

Higher than 13% of 946 companies in 2025.

RINAREST Middle half of the sector 80% of the sector Full accounts in food and beverage service (NACE 56)

Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half

Staff

€44,700

Staff costs divided by the average number of full-time equivalents.

-25 people

contracts started contracts ended

In 2025, 167 people joined and 192 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019
Balance sheet: assets
20/58 655,390811,6231.0m1.2m1.3m1.4m1.4m
20 5,90610,62815,35021,54832,17346,30270,926
21/28 199,711341,416480,861584,855724,430842,886967,866
22/27 199,711341,416480,861584,855724,430842,886967,866
22 166,757300,090433,410566,730700,050833,370966,690
23 28,32830,98631,3364,6954,8166,2831,176
24 4,62710,34016,11513,43019,5643,233-
29/58 449,773459,578549,758562,230565,020467,229361,963
3 24,25827,46930,15224,97231,66719,15524,686
30/36 24,25827,46930,15224,97231,66719,15524,686
40/41 92,374100,870156,21994,58493,27326,2227,777
40 -1,54562,468--13,2425,561
41 92,37499,32593,75194,58493,27312,9792,216
50/53 --100,000----
54/58 317,010330,811259,459427,821427,749404,521275,899
490/1 16,1314283,92914,85312,33117,33153,601
Balance sheet: equity and liabilities
10/49 655,390811,6231.0m1.2m1.3m1.4m1.4m
10/15 46,391166,665142,028174,901312,967221,14763,371
10/11 100,000100,000100,000100,000100,000100,000100,000
100 ------100,000
13 -66,66542,02874,901212,967--
133 -66,66542,02874,901212,967--
14 -53,609----121,147-36,629
17/49 608,999644,958903,941993,7311.0m1.1m1.3m
17 110,092244,617377,102507,576636,070762,239856,575
170/4 110,092244,617377,102507,576636,070762,239856,575
42/48 498,772400,341526,839482,756371,111371,330480,808
42 134,526132,484130,474128,494126,545125,000122,733
44 293,925162,782297,670249,118162,675170,270241,279
440/4 293,925162,782297,670249,118162,675170,270241,279
45 70,322105,07498,695105,14481,89176,06194,317
450/3 1,9568,5127,4655,71291356613,153
454/9 68,36696,56291,23099,43280,97975,49481,164
47/48 ------22,478
492/3 135--3,4001,4751,700-
Income statement
9900 859,8381.1m1.1m880,200964,859929,0631.5m
62 795,669876,981981,233839,520690,378595,8151.3m
630 156,462153,981154,636151,458154,908159,212279,305
640/8 6,96311,75511,65919,07614,1135,7449,839
9901 -99,25538,630-19,116-129,854105,460168,293-12,472
75/76B 7,4701,9148,7763,355563,4824,830
75 7,4701,9148,7763,355563,4824,830
65/66B 28,31315,78722,17911,17013,30913,59628,946
65 28,31315,78722,17911,17013,30913,59628,946
9903 -120,09824,757-32,519-137,66992,207158,179-36,588
67/77 17612035439738740341
9904 -120,27424,637-32,873-138,06691,820157,776-36,629
9905 -120,27424,637-32,873-138,06691,820157,776-36,629
Appropriation of the result
9906 -120,27424,637-32,873-138,066212,967121,147-36,629
14P ----121,147--
791/2 66,665-32,873138,066---
691/2 -24,637--212,967--
6921 -24,637--212,967--
Social balance sheet
9087 17.822.224.322.521.619.419.3
Hours worked1013 -38,10041,37638,23636,10830,96436,892
Document PDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 18-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 18-05-2026 2026-00112501 PDF
31-12-2024 full format 22-06-2025 2025-00161529 PDF
31-12-2023 full format 25-07-2024 2024-00280659 PDF
31-12-2022 full format 22-05-2023 2023-00095482 PDF
31-12-2021 full format 19-07-2022 2022-20209246 PDF
31-12-2020 full format 25-06-2021 2021-25300373 PDF
31-12-2019 full format 28-07-2020 2020-35500070 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019
57,206192,611135,51921,604260,368327,505266,832
36,188178,618121,76313,392246,728316,988242,676
10,0349,81544,4441,25722,3249,6081.2m
-13,80171,352-168,3627223,228128,622-
-48,99959,23822,91979,475193,90995,898-118,845
7.1%20.5%13.6%15.0%23.7%16.3%4.5%
0.901.151.041.161.521.260.75
0.851.080.991.111.441.210.70
13.133.876.365.683.225.1321.10
-259.3%14.8%-23.1%-78.9%29.3%71.3%-57.8%
-18.4%3.0%-3.1%-11.8%6.9%11.6%-2.6%
2.0212.206.111.9319.56--

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date-46474140
full-time-4464
part-time-42433536
in full-time equivalents--23.423.421.4
17.822.224.322.521.6
On a permanent contract2117242623
Joined167366287207202
Left192367281206196
Training hours-7272-592

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20252024202320222021
Debts secured on the company's own assets€244,617€377,102€507,576€636,070-
Debts guaranteed by Belgian public bodies----€762,614
€1.3m€1.3m€1.3m€1.3m€1.3m

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€10,034€9,815€44,444€1,257€22,324
€156,462€153,981€154,636€151,458€154,908

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

Insights on RINAREST

The operating result for 2025 is a loss of €99,255, after a profit of €38,630 in 2024. It is the lowest result since 2022.

Debt's share of the balance-sheet total rises from 79.5% to 92.9%. Equity and debt are lower.

Board & ownership

Board

2 directors, last change in 2021
Rinaldi Florence
Director
since 18-04-2018
listed in the 2025 annual accounts, filed on 18-05-2026
Director, permanent representative RINALDI Pietro
since 01-01-2021
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 18-05-2026
Permanent representatives 1
Permanent representative, for RP MANAGEMENT
appointed by deed of 17-06-2021

Office holders in the KBO →

Mandates through the years

3 names, the dashed line is today
Rinaldi Florence
Director
BoardEarlier
Mandates as a list
  • Rinaldi Florence
    • Director, from 18-04-2018 to date
  • RP MANAGEMENT
    • Director, from 18-04-2018 to date
  • RINALDI Pietro
    • Director, from 18-04-2018 to 17-06-2021

See the board, name and registered office on a given date →

Control

Shareholder
Equity €514,283
Loss €19,188 in 2025 (profit €97,316 in 2024)
Checked score 84
24%
This company
RINAREST
Equity €46,391
Loss €120,274 in 2025

Capital

Contribution
€100,000
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

No group

RINAREST has no parent and no holdings in its annual accounts.

Connections & network

2 current directors
Depth

The network lets you explore the ties of RINAREST.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

15 events since 2018

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFfull format · 74 days before the deadline
2025
Annual accounts 2024 filed PDFfull format · 39 days before the deadline
Registered in the Peppol Directory Reachable for e-invoices through 0208:0694874544
2024
Back to profit net €24,637 The net result is €24,637, after 2 loss-making years.
Annual accounts 2023 filed PDFfull format · 6 days before the deadline
2023
Annual accounts 2022 filed PDFfull format · 70 days before the deadline
2022
Weakest financial year net -€138,066 The net result drops to -€138,066, the lowest from 2019 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFfull format · 12 days before the deadline
2021
Annual accounts 2020 filed PDFfull format · 36 days before the deadline
1 director appointed, 1 resignationResignation: RINALDI Pietro · Appointment: RP MANAGEMENT · Permanent representative: RINALDI Pietro · General meeting of 01-02-20214 points ▸

Open the deed in the Belgian Official Gazette

2020
Back to profit net €157,776 The net result is €157,776, after one loss-making year.
Equity above €200,000 equity €221,147 ▲249% Equity rises from €63,371 to €221,147.
Annual accounts 2019 filed PDFfull format · 3 days before the deadline
2018
First establishment Rue de l'Essor 1, Sambreville
Incorporation PDFpublished on 20-04-2018

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

RINAREST was incorporated on 18 April 2018.1 Total assets fell from €1.4m in 2019 to €655,390 in 2025 and headcount from 19.3 to 17.8 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Identity

Enterprise number
0694.874.544
VAT number
BE 0694.874.544
Peppol ID
0208:0694874544
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
18-04-2018
Financial year
ends on 31 December
Peppol
Reachable since 27-05-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
RINAREST in French
Entity type
Legal entity

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Joint committees annual accounts 2025
JC 302 Hotels and catering
Codes under NACEBEL 2008
VAT activities
56102 Limited-service restaurants main activity
Social security (RSZ) activities
56102 Limited-service restaurants main activity

Registered office and establishments

1 establishment
Establishment Since Unit numberFASFC approval
Rue de Roselies 27 registered office 6250 Aiseau-Presles
Rue de l'Essor 1 5060 Sambreville 01-06-2018 2.276.619.890 Restaurant

Buildings and parcels at the addresses

Ground area
2.0 ha
Buildings
1,481 m²
Volume, LiDAR
9,980 m³
Tallest building
10.1 m
Buildings to scale, each on its own parcel
1,332 m², 8.4 m 149 m², 10.1 m 1,332 m², 8.4 m 149 m², 10.1 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92007A0521/00L0141.9 ha 1 · 1,332 m² 8.4 m · 2
52002A0015/00X002992 m² 1 · 149 m² 10.1 m · 3

Recognitions

Food safety, FASFC

1 site
Sambrevilleunit number 2.276.619.890
1 permission
Authorisation · Restaurant · since 26-06-2018

Source: FAVV-AFSCA, open data, updated on 02-11-2026