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RIOCLEAN

Active
Private limited companyfounded 1992active for 33 yearsSteenweg 213, 3570 Alken, BelgiumKBO/BCE: BE 0448.640.242
Summary

RIOCLEAN has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €428,705 and a net result of €75,436. Equity grew by about 2.7% per year on average since 2018. In 2025 it fell by 31.8%. Its solvency ranks better than 40% of 9,909 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 12-11-1992 Normal situation
Activity
Plumbing work NACE 43221and 1 other
Joint committee
121 Cleaning · annual accounts 2025
Establishment unit
2.059.663.059 3570 Alken, since 26-11-1992
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
Shareholders

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€752,052
▲ 5.6%
Turnover
≈ €2.0m
estimated
Profit
€75,436
▼ 42.3%
Equity
€428,705
▼ 31.8%
Total assets
€1.2m
▼ 15.6%
Employees on 31-12-2025
6
=
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskFounded in 1992Liquidity: current ratio 1.15, cash €273,440Size: 5.6 FTE, total assets €1.2mShow the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 61-9
equity 36.0% of total assets
Liquidity 66-15
short-term debt 30.0% · cash 23.0%
Profitability 77-3
return on assets 6.3%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.1% 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%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.2 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points 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 12-2025 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 05-2026lowest value 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.15 (2.02 in 2024), below the usual 1.5. Short-term debt is 30% and cash 23% of total assets. 64% of the assets are financed with debt and provisions.
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 43, micro). It does better than 38% of them on solvency, 65% on liquidity, 52% on profitability and 13% on growth.

The bankruptcy probability was computed on 04-11-2026 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 very low class on 30-06-2025, 0.1% 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).

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 · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.15, cash €273,440
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Size: 5.6 FTE, total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
11 days late
2023
12 days early
2022
32 days early
2021
2 days early
2020
23 days early
2019
9 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 16 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 20 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 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

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 16-06-2026 at the NBB all 33 filings

Turnover
≈ €2.0m
Estimated: probably between €1.6m and €2.5m
Total assets
€1.2m▼ 15.6%
2024 · €1.4m
Net result
€75,436▼ 42.3%
2024 · €130,631
Working capital
€52,417▼ 81.8%
2024 · €288,231
Multi-year overview
2018 to 2025, 8 financial years
Operating result
€111,087
▼ 37.2% 2025
20182025
Net result
€75,436
▼ 42.3% 2025
middle half of the sector
20182025
Equity
€428,705
▼ 31.8% 2025
middle half of the sector
20182025
Total assets
€1.2m
▼ 15.6% 2025
middle half of the sector
20182025
Debt
€762,047
▼ 2.6% 2025
20182025
Working capital
€52,417
▼ 81.8% 2025
middle half of the sector
20182025
Solvency
36.0%
▼ 8.5pp 2025
middle half of the sector
20182025
Current ratio
1.15
▼ 0.88 2025
middle half of the sector
20182025
Return on assets (ROA)
6.3%
▼ 2.9pp 2025
middle half of the sector
20182025
Staff (FTE)
5.6
▼ 3.4% 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.03m-€0.1m▲ 291%€0.03m▼ 72.1%€0.04m▲ 7.9%€0.06m▲ 67.8%€0.2m▲ 146%€0.2m▲ 15.3%€0.1m▼ 37.2%
Net result€0.02m-€0.1m▲ 336%€0.03mabove the sector's middle half▼ 72.1%€0.02mwithin the sector's middle half▼ 15.7%€0.04mwithin the sector's middle half▲ 78.7%€0.1mwithin the sector's middle half▲ 166%€0.1mwithin the sector's middle half▲ 15.3%€0.08mwithin the sector's middle half▼ 42.3%
Equity€0.4m-€0.5m▲ 28.1%€0.5mabove the sector's middle half▲ 6.2%€0.5mwithin the sector's middle half▲ 4.9%€0.5mwithin the sector's middle half▼ 2.5%€0.6mwithin the sector's middle half▲ 11.8%€0.6mwithin the sector's middle half▲ 13.7%€0.4mwithin the sector's middle half▼ 31.8%
Total assets€1.0m-€1.3m▲ 22.1%€1.2mabove the sector's middle half▼ 6.2%€1.1mwithin the sector's middle half▼ 11.5%€1.1mwithin the sector's middle half▲ 2.0%€1.1mwithin the sector's middle half▲ 3.3%€1.4mwithin the sector's middle half▲ 26.2%€1.2mwithin the sector's middle half▼ 15.6%
Debt€0.7m-€0.8m▲ 17.3%€0.7m▼ 12.8%€0.5m▼ 22.5%€0.6m▲ 6.9%€0.6m▼ 3.3%€0.8m▲ 39.3%€0.8m▼ 2.6%
Working capital€0.04m-€0.2m▲ 416%€0.2mabove the sector's middle half▼ 4.9%€0.2mwithin the sector's middle half▲ 22.3%€0.2mwithin the sector's middle half▼ 7.5%€0.2mwithin the sector's middle half▲ 18.4%€0.3mwithin the sector's middle half▲ 18.4%€0.05mwithin the sector's middle half▼ 81.8%
Solvency33.9%-35.6%▲ 1.7pp40.3%within the sector's middle half▲ 4.7pp47.7%within the sector's middle half▲ 7.5pp45.7%within the sector's middle half▼ 2.1pp49.4%within the sector's middle half▲ 3.8pp44.5%within the sector's middle half▼ 4.9pp36.0%within the sector's middle half▼ 8.5pp
Current ratio1.20-2.03▲ 0.841.96within the sector's middle half▼ 0.072.27within the sector's middle half▲ 0.311.76within the sector's middle half▼ 0.511.92within the sector's middle half▲ 0.162.02within the sector's middle half▲ 0.101.15within the sector's middle half▼ 0.88
Return on assets (ROA)2.2%-7.9%▲ 5.7pp2.4%within the sector's middle half▼ 5.6pp2.2%within the sector's middle half▼ 0.1pp3.9%within the sector's middle half▲ 1.7pp10.1%within the sector's middle half▲ 6.2pp9.3%within the sector's middle half▼ 0.9pp6.3%within the sector's middle half▼ 2.9pp
Staff (FTE)3.6-3.8▲ 5.6%4.5above the sector's middle half▲ 18.4%4.4within the sector's middle half▼ 2.2%4.9within the sector's middle half▲ 11.4%5.8within the sector's middle half▲ 18.4%5.8within the sector's middle half=5.6within the sector's middle half▼ 3.4%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 37% lower than in 2024 and the lowest since 2022.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €780,836 ▼ 7.2%
Current assets €409,916 ▼ 28.1%
Equity and liabilities €1.2m
Equity €428,705 ▼ 31.8%
Debt €762,047 ▼ 2.6%
Debt's share of the balance-sheet total rises from 55.5% to 64.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€302,366▼
2024 · €336,027
Cash flow
€266,715▼
2024 · €289,751
Debt to equity
1.78▲
2024 · 1.25
ROE
17.6%▼
2024 · 20.8%
Interest coverage
14.37▼
2024 · 21.40
Debt ≤ 1 year
€357,499▲
2024 · €281,506
Debt > 1 year
€404,549▼
2024 · €501,274
Income taxes
€24,425▼
2024 · €45,551
Staff costs
€399,410▲
2024 · €371,515
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date46666
full-time34555
part-time12111
in full-time equivalents3.85.25.85.85.5
Average over the year, in full-time equivalents4.44.95.85.85.6
On a permanent contract45666
Joined121--
Left201--

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

Securities and guarantees

on own assets and for others
Item20212022202320242025
Debts secured on the company's own assets€376,070€440,315€432,020€641,313€641,313
Mortgages, amount registered€50,000€50,000€50,000€50,000€50,000
Carrying value of the mortgaged assets€306,795€171,723€161,023€150,320€150,320
Pledge on the business€24,789€24,789€24,789€24,789€24,789

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

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€8,824€87,151€135,344€390,917€174,911
Depreciation and write-downs of the year€139,697€146,045€130,083€159,120€191,279

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

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €3,553 awarded · €3,553 paid
Year Entries AwardedPaid
2025 1 €149€149
2024 1 €237€237
2023 2 €2,905€2,905
2022 1 €262€262
Schemes
1 entry · €2,445 · €2,445 paid · Departement Mobiliteit en Openbare Werken
4 entries · €1,108 · €1,108 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.2m▼
Fixed assets21/28€0.8m€0.8m▼
Tangible fixed assets22/27€0.8m€0.8m▼
Land and buildings22€0.2m€0.2m▼
Plant, machinery and equipment23€0.09m€0.03m▼
Furniture and vehicles24€0.5m€0.6m▲
Financial fixed assets28€405€405=
Current assets29/58€0.6m€0.4m▼
Amounts receivable within one year40/41€0.1m€0.1m▼
Trade receivables40€0.1m€0.1m▼
Other amounts receivable41€0.02m€0.04m▲
Cash at bank and in hand54/58€0.4m€0.3m▼
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.2m▼
Equity10/15€0.6m€0.4m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.6m€0.4m▼
Tax-exempt reserves132€0.02m€0.02m=
Distributable reserves133€0.6m€0.4m▼
Profit (loss) carried forward14€0.03m-
Amounts payable17/49€0.8m€0.8m▼
Amounts payable after more than one year17€0.5m€0.4m▼
Financial debts170/4€0.5m€0.4m▼
Amounts payable within one year42/48€0.3m€0.4m▲
Current portion of amounts payable after more than one year42€0.1m€0.2m▲
Trade debts44€0.06m€0.1m▲
Suppliers440/4€0.06m€0.1m▲
Taxes, remuneration and social security45€0.03m€0.02m▼
Taxes450/3€0.009m€39▼
Remuneration and social security454/9€0.02m€0.02m▲
Other amounts payable47/48€0.05m€0.07m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.4m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▲
Other operating charges640/8€0.005m€0.005m▲
Non-recurring operating charges66A-€0.04m
Gross operating margin9900€0.7m€0.8m▲
Operating profit (loss)9901€0.2m€0.1m▼
Financial income75/76B€0.01m€0.01m▼
Recurring financial income75€0.01m€0.01m▼
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.2m€0.1m▼
Transfer from deferred taxes780€0.003m-
Income taxes67/77€0.05m€0.02m▼
Profit (loss) for the period9904€0.1m€0.08m▼
Transfer from tax-exempt reserves789€0.007m-
Profit (loss) for the period to be appropriated9905€0.1m€0.08m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.1m▼
Profit (loss) brought forward from the previous period14P€0.03m€0.03m=
Transfer from equity791/2-€0.2m
Transfer to equity691/2€0.08m€0.03m▼
To other reserves6921€0.08m€0.03m▼
Profit to be distributed694/7€0.06m€0.3m▲
Return on contributions (dividend)694€0.06m€0.3m▲
Social balance sheet
Average headcount (FTE)90875.85.6▼

The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-06-2026.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€10,879-----
Remuneration, social security and pensions62---€227,631€272,578€348,601€371,515€399,410▲ 7.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€130,959€144,931€168,698€139,697€146,045€130,083€159,120€191,279▲ 20.2%
Other operating charges640/8---€3,690€3,206€4,590€4,819€5,326▲ 10.5%
Non-recurring operating charges66A---€375-€800-€44,950-
Gross operating margin9900€326,481€465,001€436,153€408,616€484,285€637,507€712,361€752,052▲ 5.6%
Operating profit (loss)9901€31,619€123,760€34,493€37,222€62,456€153,433€176,907€111,087▼ 37.2%
Financial income75/76B---€6,258€2,225€10,030€11,508€9,820▼ 14.7%
Recurring financial income75€2,655€3,730€6,243€6,258€2,225€10,030€11,508€9,820▼ 14.7%
Financial charges65/66B---€8,804€7,592€8,837€15,701€21,046▲ 34.0%
Recurring financial charges65€13,806€12,507€10,695€8,804€7,592€8,837€15,701€21,046▲ 34.0%
Profit (loss) for the period before taxes9903€20,468€114,983€30,041€34,676€57,090€154,626€172,714€99,861▼ 42.2%
Transfer from deferred taxes780---€3,778€3,778€3,778€3,468--
Income taxes67/77-€950€759€5,555€14,633€18,308€45,092€45,551€24,425▼ 46.4%
Profit (loss) for the period9904€23,207€101,279€28,264€23,821€42,560€113,313€130,631€75,436▼ 42.3%
Transfer from tax-exempt reserves789---€14,220€14,220€14,220€6,732--
Profit (loss) for the period to be appropriated9905€26,802€48,605€54,985€38,041€56,780€127,533€137,363€75,436▼ 45.1%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.0m€1.3m€1.2m€1.1m€1.1m€1.1m€1.4m€1.2m▼ 15.6%
Fixed assets21/28€0.8m€0.9m€0.8m€0.7m€0.6m€0.6m€0.8m€0.8m▼ 7.2%
Tangible fixed assets22/27€0.8m€0.9m€0.8m€0.7m€0.6m€0.6m€0.8m€0.8m▼ 7.2%
Land and buildings22---€0.3m€0.3m€0.2m€0.2m€0.2m▼ 9.9%
Plant, machinery and equipment23---€0.04m€0.03m€0.05m€0.09m€0.03m▼ 66.2%
Furniture and vehicles24---€0.3m€0.3m€0.3m€0.5m€0.6m▲ 3.2%
Financial fixed assets28€405€405€405€405€405€405€405€405=
Current assets29/58€0.2m€0.4m€0.4m€0.4m€0.5m€0.5m€0.6m€0.4m▼ 28.1%
Amounts receivable within one year40/41€0.1m€0.1m€0.1m€0.09m€0.1m€0.2m€0.1m€0.1m▼ 5.2%
Trade receivables40---€0.09m€0.1m€0.1m€0.1m€0.1m▼ 22.7%
Other amounts receivable41---€0.004m€0.03m€0.03m€0.02m€0.04m▲ 118%
Current investments50/53-----€0.1m---
Cash at bank and in hand54/58€0.1m€0.3m€0.3m€0.3m€0.3m€0.3m€0.4m€0.3m▼ 35.8%
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.3m€1.2m€1.1m€1.1m€1.1m€1.4m€1.2m▼ 15.6%
Equity10/15€0.4m€0.5m€0.5m€0.5m€0.5m€0.6m€0.6m€0.4m▼ 31.8%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.3m€0.4m€0.4m€0.5m€0.5m€0.5m€0.6m€0.4m▼ 29.8%
Non-distributable reserves130/1---€0.003m€0.003m€0.003m---
Reserves not available under the articles1311---€0.003m€0.003m€0.003m---
Tax-exempt reserves132---€0.05m€0.04m€0.02m€0.02m€0.02m=
Distributable reserves133---€0.4m€0.4m€0.5m€0.6m€0.4m▼ 30.7%
Profit (loss) carried forward14€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m--
Provisions and deferred taxes16€0.006m€0.02m€0.01m€0.01m€0.007m€0.003m---
Deferred taxes168---€0.01m€0.007m€0.003m---
Amounts payable17/49€0.7m€0.8m€0.7m€0.5m€0.6m€0.6m€0.8m€0.8m▼ 2.6%
Amounts payable after more than one year17€0.5m€0.6m€0.5m€0.4m€0.3m€0.3m€0.5m€0.4m▼ 19.3%
Financial debts170/4---€0.4m€0.3m€0.3m€0.5m€0.4m▼ 19.3%
Amounts payable within one year42/48€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m€0.3m€0.4m▲ 27.0%
Current portion of amounts payable after more than one year42---€0.1m€0.1m€0.1m€0.1m€0.2m▲ 17.5%
Trade debts44€0.02m€0.04m€0.03m€0.02m€0.06m€0.05m€0.06m€0.1m▲ 57.7%
Suppliers440/4---€0.02m€0.06m€0.05m€0.06m€0.1m▲ 57.7%
Taxes, remuneration and social security45---€0.01m€0.02m€0.02m€0.03m€0.02m▼ 25.3%
Taxes450/3---€0.002m-€0.008m€0.009m€39▼ 99.6%
Remuneration and social security454/9---€0.01m€0.02m€0.01m€0.02m€0.02m▲ 3.6%
Other amounts payable47/48---€0.001m€0.06m€0.06m€0.05m€0.07m▲ 50.2%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€23,207€101,279€28,264€23,821€42,560€113,313€130,631€75,436▼ 42.3%
+ Depreciation and write-downs630€130,959€144,931€168,698€139,697€146,045€130,083€159,120€191,279▲ 20.2%
Operating cash flow (approximation)€154,166€246,210€196,962€163,518€188,605€243,395€289,751€266,715▼ 8.0%
Investment in fixed assets (approximation)--€223,436-€94,580€23,882-€87,151-€135,344-€389,842-€130,803▲ 66.4%
Change in cash-€152,488-€10,472€40,637€23,274-€76,254€174,394-€152,306-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Historical observation

In July 2024, 31,368 companies had the same profile as RIOCLEAN has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
93.5% was still going
5.9% stopped otherwise
0.5% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RIOCLEAN itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,446 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 31,368 companies, not a prediction for RIOCLEAN. 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.

Latest 10 of 33 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 16-06-2026 2026-00166959 PDF
31-12-2024 abbreviated format 11-08-2025 2025-00368373 PDF
31-12-2023 abbreviated format 19-07-2024 2024-00262195 PDF
31-12-2022 abbreviated format 29-06-2023 2023-00172160 PDF
31-12-2021 abbreviated format 29-07-2022 2022-20245185 PDF
31-12-2020 micro format 08-07-2021 2021-32600220 PDF
31-12-2019 micro format 22-07-2020 2020-32400235 PDF
31-12-2018 micro format 19-06-2019 2019-20100286 PDF
31-12-2017 micro format 20-06-2018 2018-20600592 PDF
31-12-2016 micro format 28-06-2017 2017-24000188 PDF

Show all 33 filings

Board & ownership

Directors

Directors
3 directors, last change in 2024

Board 3

RIOCLEAN PROJECTS
Director (not named in the articles) · since 01-07-2021 · earlier manager, until 29-02-2024 · term without a fixed end · Private limited company · permanent representative: ROUFFA Tibeau · listed in the 2025 annual accounts, filed on 16-06-2026
Current
ROUFFA Chris
Director (not named in the articles) · appointed by deed of 29-02-2024 · earlier manager, until 29-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 16-06-2026
Current
VANHEX-THOELEN Annemie
Director (not named in the articles) · appointed by deed of 29-02-2024 · earlier manager, until 29-02-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 16-06-2026
Current
Permanent representatives 1
ROUFFA Tibeau
Permanent representative · appointed by deed of 29-02-2024 · for RIOCLEAN PROJECTS
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 29-02-2024

Owners and capital

Shareholders

1 owner

Chain of control

  1. RIOCLEAN PROJECTS 100%
  2. RIOCLEAN

Owners 1

Owners through the years 2022 to 2024
Owners through the years
Name202220232024
RIOCLEAN PROJECTS 100%

Source: lists of holdings in the owners' accounts

Capital transactions

Capital over time
  1. 29-02-2024 Converted to unavailable equity

Mandate history

3 people, 3 in office
Show
  • Board
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
RIOCLEAN PROJECTS
  • Director, appointed by deed of 26-01-2022, until 29-02-2024
  • Director (not named in the articles), appointed by deed of 29-02-2024, still in office
ROUFFA Chris
  • Manager, until 29-02-2024
  • Director (not named in the articles), appointed by deed of 29-02-2024, still in office
VANHEX-THOELEN Annemie
  • Manager, until 29-02-2024
  • Director (not named in the articles), appointed by deed of 29-02-2024, still in office
See the board, name and registered office on a given date →

Network & group

Companies at the same address

1 other company

Connections & network

3 current directors
Depth

The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.

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

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
16-06
NBB filing Annual accounts 2025 filedNBB
abbreviated format · 45 days before the deadline
2025
11-08
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 11 days late
2024
31-12
Financial Highest result from 2018 to 2025net €130,631 ▲15.3%
The operating result of €176,907 and the net result of €130,631 are both a record.
19-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 12 days before the deadline
29-02
Gazette deed 3 directors appointed, 3 managers resigning
Changes of role: ROUFFA Chris, VANHEX-THOELEN Annemie and RIOCLEAN PROJECTS · Permanent representative: ROUFFA Tibeau · Legal-form conversion: from private limited company (pre-2019) to private limited company10 points ▸
  • Director resignation, ROUFFA Chris (manager)
  • Director resignation, VANHEX-THOELEN Annemie (manager)
  • Director resignation, RIOCLEAN PROJECTS (manager)
  • Director appointment, ROUFFA Chris (director (not named in the articles))
  • Director appointment, VANHEX-THOELEN Annemie (director (not named in the articles))
  • Director appointment, RIOCLEAN PROJECTS (director (not named in the articles))
  • Permanent representative, ROUFFA Tibeau
  • Registered office clause, Steenweg 213, 3570 Alken
  • General meeting, 18-01-2024
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

2023
31-12
Financial Equity above €500,000equity €552,638 ▲11.8%
With a profit in every financial year since 2018, equity grows to €552,638.
29-06
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 32 days before the deadline
2022
29-07
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 2 days before the deadline
26-01
Gazette deed Appointment: Rioclean Projects (director)
Permanent representative: ROUFFA Tibeau3 points ▸
  • General meeting, 01-07-2021
  • Director appointment, Rioclean Projects
  • Permanent representative, ROUFFA Tibeau

Open the deed in the Belgian Official Gazette

2021
31-12
Financial Equity above €500,000equity €506,766 ▲4.9%
With a profit in every financial year since 2018, equity grows to €506,766.
08-07
NBB filing Annual accounts 2020 filedPDF
micro format · 23 days before the deadline
2020
22-07
NBB filing Annual accounts 2019 filedPDF
micro format · 9 days before the deadline
Show earlier events
2019
19-06
NBB filing Annual accounts 2018 filedPDF
micro format · 42 days before the deadline
2018
20-06
NBB filing Annual accounts 2017 filedPDF
micro format · 41 days before the deadline
2017
28-06
NBB filing Annual accounts 2016 filedPDF
micro format · 33 days before the deadline
1992
04-12
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

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

History

On 12 November 1992, RIOCLEAN was incorporated.1 Total assets went from €1.0m in 2018 to €1.2m in 2025 and headcount from 3.6 to 5.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name RIOCLEAN in Dutch
Name in the Peppol Directory unknown
Enterprise number 0448.640.242
Legal form Private limited company
Status Active, normal situation
Founded 12-11-1992
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 29-02-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 29-02-2024 (in Dutch)

Registered office and establishments

Registered office Steenweg 213, 3570 Alken, Belgium
Establishment unit RIOCLEAN NV, Steenweg 213, 3570 Alken since 26-11-1992 · unit number 2.059.663.059 37000 Sewerage

Activities

NACEBEL 2025
VAT activities
43221 Plumbing work main activity
37000 Sewerage
Social security (RSZ) activities
37000 Sewerage main activity
Codes under NACEBEL 2008
VAT activities
43221 Plumbing main activity
37000 Sewerage
Social security (RSZ) activities
37000 Sewerage main activity
Codes under NACEBEL 2003
VAT activities
90010 main activity
Social security (RSZ) activities
90010 main activity
Joint committee 121 Cleaning annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Ontsmettings- en reinigingswerkzaamheden en industriële reinigingen; Het ontstoppen van rioleringen; Het ledigen van septische putten; Alle…”
7 activities
  1. Ontsmettings- en reinigingswerkzaamheden en industriële reinigingen.
  2. Het ontstoppen van rioleringen.
  3. Het ledigen van septische putten.
  4. Alle rioleringswerken waaronder het aanleggen,ontstoppen,herstellen,vervangen en verwijderen van rioleringen en afvoerleidingen.
  5. Cameraonderzoek.
  6. Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur-en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het produktief maken,van onroerende goederen of onroerende zakelijke rechten.
  7. Verhuring van mobilhomes en andere motorvoertuigen
deed of 29-02-2024 (in Dutch)

Invoicing and payment

VAT number BE 0448.640.242
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0448640242
Registered 21-10-2026

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 4 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0448.640.242

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
1,319 m²
Building footprint
222 m²
Building volume
1,265 m³
Cadastral parcel Region Area Buildings Height / floors
73001B0576/00L000 Flanders 1,319 m² 1 · 222 m² 9.3 m · 2