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RING STATION I

Active
Public limited companyfounded 2009active for 17 yearsTweestationsstraat 80, 1070 Anderlecht, Belgium10 active companies are registered at this addressKBO/BCE: BE 0809.038.101
Summary

RING STATION I has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37.7m and a net result of €18.9m, of which €25.1m non-recurring income. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 83% of 1,162 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
RING STATION IActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Other business support services
NACE 82990
3rd largest company by equity in Anderlecht, Administrative and support services sector1 site
Size
≈ €39.0mturnover 2025, estimated
Equity
€37.7m
Profit
€18.9m
Turnover estimated from the gross marginNet result +69,988%: other schema
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
RING STATION RIVER · 98.36%
  • HIJaneDirector · permanent representative Ingrid Haenen
  • HNNDManaging director · permanent representative Dimitri Haenen
  • HlJane BVDirector
2025 accounts 43 days early3 of 11 deeds summarised
Why 94raises riskLiquidity: current ratio 195.15, cash €1,913, halvedlowers riskFounded in 2009Size: total assets €44.1mFigures for financial year 2025 (filed 18-06-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 74% of its sector peers (NACE 82, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 85.4% of total assets
Liquidity 50-1
short-term debt 0.4% · cash 0.0%
Profitability 100+31
return on assets 43.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (51 companies, NACE 82, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: < 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: 0.1%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €3,500,000 on 30-day terms is acceptable
short-term debt: 0.4% and cash: 0% of total assets, and 14.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, large): better than 84% on solvency, 47% on liquidity, 98% on profitability and 69% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 195.15, cash €1,913, halved
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: total assets €44.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 18-06-2026)
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
43 days early
2024
35 days early
2023
19 days early
2022
48 days early
2021
48 days early
2020
86 days early
2019
84 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% 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 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Ingrid Haenen (director) and Dimitri…Appointments: HNND BV (director) and…
  3. Highest result from 2018 to 2025net €18.9m ▲69,988%

Key points

  • Positive: Result rose in 2025different schema filed ▲ 701× View
  • Caution: Board changedlatest change 01-04-2026 · 3 in office 2 joined · 3 left View
  • Positive: Among the best 5% on net resultsector median €48,922 · 1,163 companies €18.9m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by RING STATION RIVERultimately: Koninklijke Philips Electronics N.V. 98.36% View

By topic

Financials

Financial year
2025
Total assets
€44.1m
Profit
€18.9m
Solvency
85.4%
Total assets▲ 36.3%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
RING STATION RIVER · 98.36%
  • HIJaneDirector
  • HNNDManaging director
  • HlJane BVDirector
Go to Board & ownership

Timeline

Events
26
Since
2010
Next accounts
by 31-07-2027
  1. 31-12-2025Liquidity more than 20 times
  2. 17-11-2025Reappointments: Ingrid Haenen (director) and Dimitri Haenen…
  3. 26-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other business support servicesNACE 82990
Founded
13-01-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about RING STATION I

What is the company number of RING STATION I?
0809.038.101. In Belgium the VAT number is the company number with BE in front: BE 0809.038.101.
Where is RING STATION I based?
The registered office is at Tweestationsstraat 80, 1070 Anderlecht.Company details
What does RING STATION I do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of RING STATION I?
Public limited company (NV).
When was RING STATION I founded?
On 13-01-2009.
Is RING STATION I still active?
Yes, RING STATION I is an active enterprise in the KBO register.
What is the turnover of RING STATION I?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RING STATION I profitable?
In financial year 2025, RING STATION I made a profit of €18.9m.
Where can I find the annual accounts of RING STATION I?
RING STATION I filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RING STATION I due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?ROZENVELD · 18 companies How does this company compare with its sector?Sector benchmark

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