RING STATION II

Active

Public limited companyfounded 2001active for 24 yearsKeizershoek 350A, 2550 Kontich, Belgium11 active companies are registered at this addressKBO/BCE: BE 0476.303.454

Summary

RING STATION II has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €1.4m, of which €1.9m non-recurring income. Equity is shrinking by about 9.7% per year across the filed financial years. Its solvency ranks better than 13% of 2,435 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

RING STATION IIActiveChecked score 83/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990

Largest company by total assets in Kontich, Construction sector1 site

Size

€43.9mtotal assets 2025

Equity: €5.3m
Profit: €1.4m

Financial health

83 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Parent: VIRIX · 99.96%

HIJane BVDirector · permanent representative Ingrid Haenen
HNND BVManaging director · permanent representative Dimitri Haenen
ViRIX NVDirector · permanent representative Ria Poelmans

2025 accounts 44 days early2 of 9 deeds summarised

Why 83raises riskLiquidity: current ratio 0.46, cash €183,880, halvedSector: Specialised construction activities (NACE 43)Equity €5.3m (12.1% of total assets)lowers riskSize: total assets €43.9mShow the evidence

Checked score

Score 2025

83 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 23% of its sector peers (NACE 43, large)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 37+5

equity 12.1% of total assets

Liquidity 4-13

short-term debt 85.2% · cash 0.4%

Profitability 36+13

return on assets 3.2%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (35 companies, NACE 43, large)

Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.3%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 0.5%▲ +0.1 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.3%▼ -0.4 percentage points vs 09-2026

Credit of up to €440,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.46, compared with 0.21 in 2024, below 1; short-term debt: 85.2% and cash: 0.4% of total assets), and 87.9% 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 43, large): better than 6% on solvency, 3% on liquidity, 3% on profitability and 81% on growth.

The bankruptcy probability was computed on 25-10-2026 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

Seven signals.

lowers riskraises riskneutral

Size: total assets €43.9m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 0.46, cash €183,880, halved

NBB · annual accounts

Sector: Specialised construction activities (NACE 43)

KBO

Equity €5.3m (12.1% of total assets)

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2435 sector peers (2025).

NBB · sector comparison

Position among 2435 sector peers

Solvency

better than 13%

← weakest strongest →

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 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €5.3m

Latest accounts filed on time

The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 16-06-2026, 44 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

44 days early

2024

36 days early

2023

18 days early

2022

46 days early

2021

81 days early

2020

71 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 54 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today. The company usually files around 16 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today30-12-2026 year end30-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-06-2026 Annual accounts filedfinancial year 2025 · full…
05-05-2026 Resignations: Ingrid Haenen (director) and Dimitri…Appointments: HNND BV (director) and…
30-12-2025 Back to profitnet €1.4m

Key points

Positive: Back in profit in 2025after -€741,765 in 2024 €1.4m View
Positive: Largest company by total assets in Kontich, Construction sectorin the Checked rankings No. 1 View
Board changedlatest change 01-04-2026 · 3 in office 2 joined · 2 left View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
Controlled by VIRIXultimately: ROZENVELD 99.96% View

By topic

Financials

Financial year: 2025
Total assets: €43.9m
Profit: €1.4m
Solvency: 12.1%

Total assets▼ 25.6%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: VIRIX · 99.96%

HIJane BVDirector
HNND BVManaging director
ViRIX NVDirector

Go to Board & ownership

Network & group

Group: ROZENVELD
Connected companies: 17

Go to Network & group

Timeline

Events: 29
Since: 2003
Next accounts: by 30-07-2027

30-12-2025Equity above €5m
29-08-2025Appointment: Dimitri Haenen (managing director)
24-06-2025Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Other specialised construction activitiesNACE 43990
Founded: 13-12-2001
Year ends: 30-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about RING STATION II

What is the company number of RING STATION II?: 0476.303.454. In Belgium the VAT number is the company number with BE in front: BE 0476.303.454.
Where is RING STATION II based?: The registered office is at Keizershoek 350A, 2550 Kontich.Company details
What does RING STATION II do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of RING STATION II?: Public limited company (NV).
When was RING STATION II founded?: On 13-12-2001.
Is RING STATION II still active?: Yes, RING STATION II is an active enterprise in the KBO register.
What is the turnover of RING STATION II?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RING STATION II profitable?: In financial year 2025, RING STATION II made a profit of €1.4m.
Where can I find the annual accounts of RING STATION II?: RING STATION II filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RING STATION II due?: By 30-07-2027, for financial year 2026.Timeline