RIONEL
ActiveSummary
RIONEL has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €775,823 and a net result of -€25,560. Equity is growing by ~5.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability15▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 53.24 against 59.13 in 2024; short-term debt: 0.7% and cash: 1.5% of total assets), and 0.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.3%
Return on assets
-3.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€25,560
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
26 d late
2023
34 d late
2022
31 d late
2021
19 d early
2020
33 d early
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 26 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€25,560▲ 9.1%
2024 · -€28,120
Working capital
€274,527▼ 6.3%
2024 · €293,135
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€24,770▼ 1.6%-€23,310▲ 5.9%-€21,361▲ 8.4%-€27,577▼ 29.1%-€25,000▲ 9.3%
Net result-€25,041▼ 1.8%€331,686-€21,928-€28,120▼ 28.2%-€25,560▲ 9.1%
Equity€519,746▼ 4.6%€851,431▲ 63.8%€829,503▼ 2.6%€801,383▼ 3.4%€775,823▼ 3.2%
Total assets€553,189▼ 4.3%€858,978▲ 55.3%€835,043▼ 2.8%€806,425▼ 3.4%€781,078▼ 3.1%
Debt€33,443▲ 1.1%€7,547▼ 77.4%€5,540▼ 26.6%€5,043▼ 9.0%€5,255▲ 4.2%
Working capital-€13,732€325,405€310,928▼ 4.4%€293,135▼ 5.7%€274,527▼ 6.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25,000 in 2025 against €27,577 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €781,078
Fixed assets
€501,296 ▼ 1.4%
Current assets
€279,782 ▼ 6.2%
Equity and liabilities €781,078
Equity
€775,823 ▼ 3.2%
Debt
€5,255 ▲ 4.2%
Debt's share of the balance-sheet total stays at 0.7%.
Key figures and ratios
EBITDA
-€18,420▼
2024 · -€17,250
Cash flow
-€18,980▼
2024 · -€17,793
Current ratio
53.24▼
2024 · 59.13
Debt to equity
0.01▲
2024 · 0.01
ROE
-3.3%▲
2024 · -3.5%
ROA
-3.3%▲
2024 · -3.5%
Interest coverage
-32.90▼
2024 · -31.75
Debt ≤ 1 year
€5,255▲
2024 · €5,043
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | €24,770 | €23,310 | €21,361 | €27,577 | €25,000 | ▼ 9.3% |
| Services and other goods61 | €13,451 | €12,099 | €9,654 | €12,613 | €14,143 | ▲ 12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,451 | €7,451 | €7,451 | €10,327 | €6,580 | ▼ 36.3% |
| Other operating charges640/8 | €3,868 | €3,759 | €4,255 | €4,636 | €4,277 | ▼ 7.7% |
| Operating profit (loss)9901 | -€24,770 | -€23,310 | -€21,361 | -€27,577 | -€25,000 | ▲ 9.3% |
| Financial income75/76B | - | €355,340 | - | €0 | - | - |
| Recurring financial income75 | - | €355,340 | - | €0 | - | - |
| Income from financial fixed assets750 | - | €355,340 | - | €0 | - | - |
| Financial charges65/66B | €271 | €344 | €568 | €543 | €560 | ▲ 3.0% |
| Recurring financial charges65 | €271 | €344 | €568 | €543 | €560 | ▲ 3.0% |
| Other financial charges652/9 | €271 | €344 | €568 | €543 | €560 | ▲ 3.0% |
| Profit (loss) for the period before taxes9903 | -€25,041 | €331,686 | -€21,928 | -€28,120 | -€25,560 | ▲ 9.1% |
| Profit (loss) for the period9904 | -€25,041 | €331,686 | -€21,928 | -€28,120 | -€25,560 | ▲ 9.1% |
| Profit (loss) for the period to be appropriated9905 | -€25,041 | €331,686 | -€21,928 | -€28,120 | -€25,560 | ▲ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €553,189 | €858,978 | €835,043 | €806,425 | €781,078 | ▼ 3.1% |
| Fixed assets21/28 | €533,478 | €526,026 | €518,575 | €508,248 | €501,296 | ▼ 1.4% |
| Tangible fixed assets22/27 | €114,827 | €107,375 | €99,924 | €89,597 | €83,017 | ▼ 7.3% |
| Land and buildings22 | €111,728 | €104,277 | €96,825 | €89,597 | €83,017 | ▼ 7.3% |
| Furniture and vehicles24 | €3,099 | €3,099 | €3,099 | €0 | €0 | - |
| Financial fixed assets28 | €418,651 | €418,651 | €418,651 | €418,651 | €418,279 | ▼ 0.1% |
| Affiliated companies280/1 | €418,279 | €418,279 | €418,279 | €418,279 | €418,279 | = |
| Participating interests280 | €418,279 | €418,279 | €418,279 | €418,279 | €418,279 | = |
| Other financial fixed assets284/8 | €372 | €372 | €372 | €372 | - | - |
| Amounts receivable and cash guarantees285/8 | €372 | €372 | €372 | €372 | - | - |
| Current assets29/58 | €19,711 | €332,952 | €316,468 | €298,178 | €279,782 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €240 | €318,227 | €298,227 | €278,227 | €268,227 | ▼ 3.6% |
| Trade receivables40 | €240 | - | - | - | - | - |
| Other amounts receivable41 | - | €318,227 | €298,227 | €278,227 | €268,227 | ▼ 3.6% |
| Cash at bank and in hand54/58 | €19,471 | €13,092 | €18,241 | €19,951 | €11,555 | ▼ 42.1% |
| Deferred charges and accrued income490/1 | - | €1,633 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €553,189 | €858,978 | €835,043 | €806,425 | €781,078 | ▼ 3.1% |
| Equity10/15 | €519,746 | €851,431 | €829,503 | €801,383 | €775,823 | ▼ 3.2% |
| Contributions10/11 | €382,200 | €382,200 | €382,200 | €382,200 | €382,200 | = |
| Capital10 | €382,200 | €382,200 | €382,200 | €382,200 | €382,200 | = |
| Issued capital100 | €382,200 | €382,200 | €382,200 | €382,200 | €382,200 | = |
| Reserves13 | €137,546 | €469,231 | €447,303 | €419,183 | €393,623 | ▼ 6.1% |
| Non-distributable reserves130/1 | €38,220 | €38,220 | €38,220 | €38,220 | €38,220 | = |
| Legal reserve130 | €38,220 | €38,220 | €38,220 | €38,220 | €38,220 | = |
| Distributable reserves133 | €99,326 | €431,011 | €409,083 | €380,963 | €355,403 | ▼ 6.7% |
| Amounts payable17/49 | €33,443 | €7,547 | €5,540 | €5,043 | €5,255 | ▲ 4.2% |
| Amounts payable within one year42/48 | €33,443 | €7,547 | €5,540 | €5,043 | €5,255 | ▲ 4.2% |
| Trade debts44 | €875 | €2,656 | €649 | €152 | €364 | ▲ 140% |
| Suppliers440/4 | €875 | €2,656 | €649 | €152 | €364 | ▲ 140% |
| Other amounts payable47/48 | €32,567 | €4,891 | €4,891 | €4,891 | €4,891 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€25,041 | €331,686 | -€21,928 | -€28,120 | -€25,560 | ▲ 9.1% |
| + Depreciation and write-downs630 | €7,451 | €7,451 | €7,451 | €10,327 | €6,580 | ▼ 36.3% |
| Operating cash flow (approximation) | -€17,589 | €339,137 | -€14,477 | -€17,793 | -€18,980 | ▼ 6.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €372 | - |
| Change in cash | - | -€6,379 | €5,149 | €1,710 | -€8,396 | ▼ 591% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet -€28,120
Net result drops to -€28,120, the lowest in the series; recovery starts the following year.
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 34 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Back to profitnet €331,686
Net result €331,686 after 4 loss-making years.
31-12
Financial
Liquidity times 75current ratio 44.12
Current ratio from 0.59 to 44.12; short-term debt falls from €33,443 to €7,547.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 19 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Eeklo · 1 establishment unit since 1991
Ground area
3,358 m²
Building footprint
306 m²
Volume, LiDAR
1,661 m³
Parcel 43005A0751/00P002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Zeelaan 17, 9900 Eeklo
since 19912.053.435.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43005A0751/00P002 | Flanders | 3,358 m² | 1 · 306 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 2 holdingsOwners 1
- Sourceaccounts ATRI 202550%
Holdings 2
-
33.33%
- Equity €3.2mResult €307,84117.94%
According to the 2025 annual accounts of RIONEL and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded14-06-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444463205
Also
9925:BE0444463205
Registered
20-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.