Rinav
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Rinav is 5.3% (elevated). The 2025 annual accounts show equity of €7,794 and a net result of €9,840. Equity is growing by about 240% per year across the filed financial years. Its solvency ranks better than 17% of 34,855 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 24-06-2026
- Format
- micro format
- Reference
- 2026-00191938
2023 to 2025, 3 financial years
The operating result is €13,702 in 2025, compared with -€2,046 in 2023. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 5.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,448 | - |
| Other operating charges640/8 | €150 | - | €1,493 | - |
| Gross operating margin9900 | -€1,896 | - | €16,642 | - |
| Operating profit (loss)9901 | -€2,046 | - | €13,702 | - |
| Financial income75/76B | - | - | €2 | - |
| Recurring financial income75 | - | - | €2 | - |
| Financial charges65/66B | - | - | €762 | - |
| Recurring financial charges65 | - | - | €762 | - |
| Profit (loss) for the period before taxes9903 | -€2,046 | - | €12,941 | - |
| Income taxes67/77 | - | - | €3,101 | - |
| Profit (loss) for the period9904 | -€2,046 | - | €9,840 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,046 | - | €9,840 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €328 | €328 | €55,019 | ▲ 168× |
| Fixed assets21/28 | - | - | €16,660 | - |
| Tangible fixed assets22/27 | - | - | €15,491 | - |
| Furniture and vehicles24 | - | - | €15,491 | - |
| Financial fixed assets28 | - | - | €1,169 | - |
| Current assets29/58 | €328 | €328 | €38,358 | ▲ 117× |
| Amounts receivable within one year40/41 | €328 | €328 | €38,357 | ▲ 117× |
| Trade receivables40 | - | - | €33,782 | - |
| Other amounts receivable41 | €328 | €328 | €4,575 | ▲ 14× |
| Cash at bank and in hand54/58 | - | - | €1 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €328 | €328 | €55,019 | ▲ 168× |
| Equity10/15 | -€2,046 | -€2,046 | €7,794 | - |
| Contributions10/11 | - | €0 | €0 | - |
| Reserves13 | - | - | €7,794 | - |
| Distributable reserves133 | - | - | €7,794 | - |
| Profit (loss) carried forward14 | -€2,046 | -€2,046 | - | - |
| Amounts payable17/49 | €2,374 | €2,374 | €47,224 | ▲ 20× |
| Amounts payable after more than one year17 | - | - | €4,498 | - |
| Financial debts170/4 | - | - | €4,498 | - |
| Amounts payable within one year42/48 | €2,374 | €2,374 | €42,726 | ▲ 18× |
| Current portion of amounts payable after more than one year42 | - | - | €7,802 | - |
| Trade debts44 | - | - | €1,635 | - |
| Suppliers440/4 | - | - | €1,635 | - |
| Taxes, remuneration and social security45 | - | - | €3,101 | - |
| Taxes450/3 | - | - | €3,101 | - |
| Other amounts payable47/48 | €2,374 | €2,374 | €30,189 | ▲ 13× |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,046 | - | €9,840 | - |
| + Depreciation and write-downs630 | - | - | €1,448 | - |
| Operating cash flow (approximation) | -€2,046 | - | €11,288 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.