RIO CAFE
ActiveSummary
The computed 12-month bankruptcy probability of RIO CAFE is 8.8% (elevated). The 2024 annual accounts show negative equity (-€24,596) and a net result of -€18,048. Its solvency ranks better than 5% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 15 October 2026.
2023 to 2024, 2 financial years
The operating result stays negative: a loss of €17,554 in 2024 against €9,545 in 2023; the loss grows.
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 56, Food and beverage service 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 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.8% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 8.8% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% | 1.0% |
| 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 7,639 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 | Change |
|---|---|---|---|
| Other operating charges640/8 | €1,016 | €3,393 | ▲ 234% |
| Gross operating margin9900 | -€8,529 | -€14,162 | ▼ 66.0% |
| Operating profit (loss)9901 | -€9,545 | -€17,554 | ▼ 83.9% |
| Financial charges65/66B | €3 | €494 | ▲ 19,668% |
| Recurring financial charges65 | €3 | €494 | ▲ 19,668% |
| Profit (loss) for the period before taxes9903 | -€9,548 | -€18,048 | ▼ 89.0% |
| Profit (loss) for the period9904 | -€9,548 | -€18,048 | ▼ 89.0% |
| Profit (loss) for the period to be appropriated9905 | -€9,548 | -€18,048 | ▼ 89.0% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €534 | €9,570 | ▲ 1,692% |
| Current assets29/58 | €534 | €9,570 | ▲ 1,692% |
| Amounts receivable within one year40/41 | €531 | €9,569 | ▲ 1,701% |
| Trade receivables40 | €531 | €9,569 | ▲ 1,701% |
| Cash at bank and in hand54/58 | €3 | €0 | ▼ 92.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €534 | €9,570 | ▲ 1,692% |
| Equity10/15 | -€6,548 | -€24,596 | ▼ 276% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€9,548 | -€27,596 | ▼ 189% |
| Amounts payable17/49 | €7,081 | €34,166 | ▲ 382% |
| Amounts payable within one year42/48 | €7,081 | €34,166 | ▲ 382% |
| Trade debts44 | €2,876 | €13,094 | ▲ 355% |
| Suppliers440/4 | €2,876 | €13,094 | ▲ 355% |
| Taxes, remuneration and social security45 | €604 | €2,108 | ▲ 249% |
| Taxes450/3 | €604 | €2,108 | ▲ 249% |
| Other amounts payable47/48 | €3,602 | €18,964 | ▲ 426% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€9,548 | -€18,048 | ▼ 89.0% |
| Operating cash flow (approximation) | -€9,548 | -€18,048 | ▼ 89.0% |
| Change in cash | - | -€2 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 21-09-2025 | 2025-00502569 |
| 31-12-2023 | micro format | 21-09-2025 | 2025-00502567 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.