RIORIM
ActiveSummary
RIORIM has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€436,768) and a net result of -€46,321. Equity is shrinking by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 4613 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▲+7
Solvency11▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.05 in 2024; short-term debt: 36.1% and cash: 0.9% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-14.4%
Return on assets
-1.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€436,768
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
3 d early
2023
on the day
2022
on the day
2021
on the day
2020
11 d early
2019
31 d 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 2 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 31 July (4 of the last 5 filed years within 30 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
-€46,321▲ 48.6%
2024 · -€90,200
Working capital
-€1.1m▼ 14.0%
2024 · -€927,280
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€27,530€72,495-€87,869-€20,835▲ 76.3%€27,206
Net result-€61,303below the sector's middle half▲ 55.2%€34,133within the sector's middle half-€135,205below the sector's middle half-€90,200below the sector's middle half▲ 33.3%-€46,321below the sector's middle half▲ 48.6%
Equity-€199,175below the sector's middle half▼ 44.5%-€165,042below the sector's middle half▲ 17.1%-€300,247below the sector's middle half▼ 81.9%-€390,447below the sector's middle half▼ 30.0%-€436,768below the sector's middle half▼ 11.9%
Total assets€2.6mwithin the sector's middle half▲ 1,066%€2.6mwithin the sector's middle half▲ 0.2%€2.9mwithin the sector's middle half▲ 10.7%€3.1mwithin the sector's middle half▲ 6.8%€3.0mwithin the sector's middle half▼ 2.6%
Debt€2.8m▲ 679%€2.8m▼ 1.0%€3.2m▲ 14.9%€3.5m▲ 9.0%€3.5m▼ 1.0%
Working capital-€469,117below the sector's middle half▼ 711%-€532,682below the sector's middle half▼ 13.5%-€1.1mbelow the sector's middle half▼ 112%-€927,280below the sector's middle half▲ 17.9%-€1.1mbelow the sector's middle half▼ 14.0%
Solvency-7.6%below the sector's middle half▲ 53.5pp-6.3%below the sector's middle half▲ 1.3pp-10.3%below the sector's middle half▼ 4.0pp-12.5%below the sector's middle half▼ 2.2pp-14.4%below the sector's middle half▼ 1.9pp
Current ratio0.19below the sector's middle half▼ 0.470.19below the sector's middle half=0.02below the sector's middle half▼ 0.170.05below the sector's middle half▲ 0.030.03below the sector's middle half▼ 0.02
Return on assets (ROA)-2.3%below the sector's middle half▲ 58.2pp1.3%within the sector's middle half▲ 3.6pp-4.6%below the sector's middle half▼ 5.9pp-2.9%below the sector's middle half▲ 1.7pp-1.5%below the sector's middle half▲ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27,206 after a loss of €20,835 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.0m
Fixed assets
€3.0m ▼ 2.3%
Current assets
€38,153 ▼ 21.6%
Key figures and ratios
EBITDA
€103,044▲
2024 · €57,540
Cash flow
€29,517▲
2024 · -€11,825
Debt to equity
-7.95▲
2024 · -8.99
Interest coverage
1.40▲
2024 · 0.83
Debt ≤ 1 year
€1.1m▲
2024 · €975,935
Debt > 1 year
€2.4m▼
2024 · €2.5m
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,246 | €10,489 | €30,976 | €78,375 | €75,838 | ▼ 3.2% |
| Other operating charges640/8 | €12,368 | €19,479 | €19,090 | €17,716 | €18,012 | ▲ 1.7% |
| Non-recurring operating charges66A | - | - | €100,159 | - | - | - |
| Gross operating margin9900 | -€4,916 | €102,463 | €62,356 | €75,256 | €121,056 | ▲ 60.9% |
| Operating profit (loss)9901 | -€27,530 | €72,495 | -€87,869 | -€20,835 | €27,206 | ▲ 231% |
| Financial income75/76B | - | - | - | €12 | €32 | ▲ 167% |
| Recurring financial income75 | - | - | - | €12 | €32 | ▲ 167% |
| Financial charges65/66B | €33,773 | €38,362 | €47,336 | €69,377 | €73,559 | ▲ 6.0% |
| Recurring financial charges65 | €33,773 | €38,362 | €47,336 | €69,377 | €73,559 | ▲ 6.0% |
| Profit (loss) for the period before taxes9903 | -€61,303 | €34,133 | -€135,205 | -€90,200 | -€46,321 | ▲ 48.6% |
| Profit (loss) for the period9904 | -€61,303 | €34,133 | -€135,205 | -€90,200 | -€46,321 | ▲ 48.6% |
| Profit (loss) for the period to be appropriated9905 | -€61,303 | €34,133 | -€135,205 | -€90,200 | -€46,321 | ▲ 48.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.6m | €2.9m | €3.1m | €3.0m | ▼ 2.6% |
| Fixed assets21/28 | €2.5m | €2.5m | €2.9m | €3.1m | €3.0m | ▼ 2.3% |
| Tangible fixed assets22/27 | €110,382 | €99,893 | €487,973 | €655,681 | €584,177 | ▼ 10.9% |
| Land and buildings22 | €105,645 | €95,655 | €85,665 | €75,675 | €74,368 | ▼ 1.7% |
| Plant, machinery and equipment23 | €4,737 | €4,238 | €402,308 | €580,006 | €509,809 | ▼ 12.1% |
| Financial fixed assets28 | €2.4m | €2.4m | €2.4m | €2.4m | €2.4m | = |
| Current assets29/58 | €106,949 | €122,011 | €17,240 | €48,655 | €38,153 | ▼ 21.6% |
| Amounts receivable within one year40/41 | €103,870 | €108,368 | €8,584 | €8,638 | €8,647 | ▲ 0.1% |
| Trade receivables40 | - | €4,498 | €4,874 | €4,924 | €4,924 | = |
| Other amounts receivable41 | €103,870 | €103,870 | €3,710 | €3,714 | €3,723 | ▲ 0.2% |
| Cash at bank and in hand54/58 | €2,792 | €12,711 | €6,890 | €38,865 | €28,347 | ▼ 27.1% |
| Deferred charges and accrued income490/1 | €287 | €932 | €1,766 | €1,152 | €1,159 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.6m | €2.9m | €3.1m | €3.0m | ▼ 2.6% |
| Equity10/15 | -€199,175 | -€165,042 | -€300,247 | -€390,447 | -€436,768 | ▼ 11.9% |
| Contributions10/11 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Capital10 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Issued capital100 | €404,066 | €404,066 | €404,066 | €404,066 | €404,066 | = |
| Reserves13 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Non-distributable reserves130/1 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Legal reserve130 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€613,241 | -€579,108 | -€714,313 | -€804,513 | -€850,834 | ▼ 5.8% |
| Amounts payable17/49 | €2.8m | €2.8m | €3.2m | €3.5m | €3.5m | ▼ 1.0% |
| Amounts payable after more than one year17 | €2.3m | €2.1m | €2.1m | €2.5m | €2.4m | ▼ 6.1% |
| Financial debts170/4 | €2.3m | €2.1m | €2.0m | €2.5m | €2.4m | ▼ 5.6% |
| Other amounts payable178/9 | - | - | €36,000 | €36,000 | €20,000 | ▼ 44.4% |
| Amounts payable within one year42/48 | €576,066 | €654,693 | €1.1m | €975,935 | €1.1m | ▲ 12.2% |
| Current portion of amounts payable after more than one year42 | €106,750 | €108,188 | €109,566 | €137,213 | €139,773 | ▲ 1.9% |
| Financial debts43 | €13,594 | €24,282 | €465,805 | - | - | - |
| Credit institutions430/8 | €13,594 | €24,282 | €465,805 | - | - | - |
| Trade debts44 | €677 | €19,224 | €8,374 | €6,066 | €20,642 | ▲ 240% |
| Suppliers440/4 | €677 | €19,224 | €8,374 | €6,066 | €20,642 | ▲ 240% |
| Other amounts payable47/48 | €455,045 | €502,999 | €563,028 | €832,656 | €934,641 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | - | - | - | €968 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€61,303 | €34,133 | -€135,205 | -€90,200 | -€46,321 | ▲ 48.6% |
| + Depreciation and write-downs630 | €10,246 | €10,489 | €30,976 | €78,375 | €75,838 | ▼ 3.2% |
| Operating cash flow (approximation) | -€51,057 | €44,622 | -€104,229 | -€11,825 | €29,517 | ▲ 350% |
| Investment in fixed assets (approximation) | - | €0 | -€419,056 | -€246,083 | -€4,334 | ▲ 98.2% |
| Change in cash | - | €9,919 | -€5,821 | €31,975 | -€10,518 | ▼ 133% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €34,133
Net result €34,133 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€136,698
Net result drops to -€136,698, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €58,721
Net result €58,721 after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Elsene · 1 establishment unit since 1991
Ground area
1,271 m²
Building footprint
1,110 m²
Volume, LiDAR
10,453 m³
2 parcels, Brussels · tallest building 29.7 m, ±6 floors. Linked by address, not a title deed.
35
companies at this address
See who is registered here
1 establishment unit
RIORIM
since 19912.053.009.453
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464E0001/00A024 | Brussels | 808 m² | 1 · 647 m² | 13.8 m · 2 fl. |
| 21009A0402/00M000 | Brussels | 463 m² | 1 · 463 m² | 29.7 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
- HOLDING ALTO
- D.L.S.A.
- RIORIM
Highest known parent: HOLDING ALTO. The sources do not say who stands above it.
Owners 2
- D.L.S.A.parent99.69%
-
0.3%
Holdings 1
-
35.65%
According to the 2025 annual accounts of RIORIM 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.
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Of 9,145 companies in sector 68201 we hold annual accounts for 6,776. 5,054 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-05-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0444227534
Registered
23-12-2025
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.