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RION Construct

Active
Private limited companyfounded 20232 years activeMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 1002.131.645
Summary

The computed 12-month bankruptcy probability of RION Construct is 5.5% (elevated). The 2024 annual accounts show equity of €4,005 and a net result of €4,005. Its solvency ranks better than 24% of 9,988 sector peers (NACE 41, fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€24,054total assets 2024
Equity
€4,005
Profit
€4,005
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.5%
Structure
Accounts filed 47 days late1 of 2 deeds read
Why 37- 1 financial year not filed after the legal deadline; latest accounts 47 days late; 1 of the last 3 late- Founded in 2023- Figures for FY 2024 (filed 16-09-2025)- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 41% of its sector peers (NACE 41, micro)
Financial strength
Average
Solvency 42
equity 16.6% of total assets
Liquidity 44
short-term debt 83.4% · cash 31.9%
Profitability 79
return on assets 16.6%
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,362 companies)
Last 24 months 12-2024: 3.6%lowest value 01-2025: 3.7%▲ +0.1 percentage points vs 12-2024 02-2025: 3.8%▲ +0.1 percentage points vs 01-2025 03-2025: 4.2%▲ +0.4 percentage points vs 02-2025 04-2025: 4.2%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.4 percentage points vs 04-2025 06-2025: 5.0%▲ +0.4 percentage points vs 05-2025 07-2025: 5.0%● unchanged vs 06-2025 08-2025: 4.8%▼ -0.2 percentage points vs 07-2025 09-2025: 4.8%● unchanged vs 08-2025 10-2025: 3.6%▼ -1.2 percentage points vs 09-2025 11-2025: 3.7%▲ +0.1 percentage points vs 10-2025 12-2025: 3.8%▲ +0.1 percentage points vs 11-2025 01-2026: 3.7%▼ -0.1 percentage points vs 12-2025 02-2026: 3.7%● unchanged vs 01-2026 03-2026: 3.8%▲ +0.1 percentage points vs 02-2026 04-2026: 3.9%▲ +0.1 percentage points vs 03-2026 05-2026: 3.9%● unchanged vs 04-2026 06-2026: 3.8%▼ -0.1 percentage points vs 05-2026 07-2026: 3.9%▲ +0.1 percentage points vs 06-2026 08-2026: 4.6%▲ +0.7 percentage points vs 07-2026 09-2026: 4.9%▲ +0.3 percentage points vs 08-2026 10-2026: 5.5%▲ +0.6 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.15; short-term debt: 83.4% and cash: 31.9% of total assets), and 83.4% of the assets are financed with debt.
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 41, micro): better than 23% on solvency, 42% on liquidity and 59% on profitability.

The bankruptcy probability was computed on 07-10-2026 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

Six signals.
+raises risk○neutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 47 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Figures for FY 2024 (filed 16-09-2025)
NBB · annual accounts
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9988 sector peers (2024).
NBB · sector comparison
Position among 9988 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
47 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 47 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. General meeting · Registered-office moveState Gazette act
  2. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: Among the weakest 16% on equitysector median €45,154 · 10,002 companies €4,005 View
  • Total assets 2024first fiscal year filed €24,054 View
  • Active since 2023founded 09-11-2023 2 years View

By topic

Financials

Fiscal year
2024
Total assets
€24,054
Profit
€4,005
Solvency
16.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
09-11-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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