RIPA CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of RIPA CONSTRUCT is 1.5% (moderate). The 2025 annual accounts show equity of €294k and a net result of €-415. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 7719 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-7
Solvency73=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.79 against 1.78 in 2024; short-term debt: 52.1% and cash: 1.8% of total assets), but 52.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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 · 10 filingsDeviation from the deadline
2025
19 d late
2024
28 d late
2023
2 d early
2022
on the day
2021
on the day
2020
1 d late
2019
17 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-415
2024 · €145k
2019: €22k
2020: €35k
2021: €64k
2022: €131k
2023: €74k
2024: €145k
2019 → 2025
Working capital
€253k▼ 5.9%
2024 · €268k
2019: €13k
2020: €250k
2021: €205k
2022: €225k
2023: €175k
2024: €268k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€153k▲ 66.7%€176k▲ 15.4%€321k▲ 82.6%€294k▼ 8.4%
Operating result€167k-€252k▲ 50.9%€202k▼ 19.7%€434k▲ 115%€5k▼ 98.7%
Net result€64k-€131k▲ 104%€74k▼ 43.5%€145k▲ 96.9%€-415
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €615k
Fixed assets
€42k▼ 21.5%
Current assets
€573k▼ 6.5%
Equity and liabilities €615k
Equity
€294k▼ 8.4%
Debt
€320k▼ 7.0%
The debt ratio rises from 51.7% to 52.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €453k
Cash flow
€17k▼
2024 · €164k
Solvency
47.9%▼
2024 · 48.3%
Current ratio
1.79▲
2024 · 1.78
Quick ratio
1.79▲
2024 · 1.78
Debt / equity
1.09▲
2024 · 1.07
ROE
-0.1%▼
2024 · 45.2%
ROA
-0.1%▼
2024 · 21.8%
Interest coverage
4.24▲
2024 · 1.83
Debt
€320k▼
2024 · €344k
Debt ≤ 1 year
€320k▼
2024 · €344k
Income taxes
€500▼
2024 · €54k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€666k€615k▼
Fixed assets21/28€53k€42k▼
Tangible fixed assets22/27€33k€21k▼
Plant, machinery and equipment23€8k-
Furniture and vehicles24€25k€21k▼
Financial fixed assets28€20k€20k=
Current assets29/58€613k€573k▼
Amounts receivable within one year40/41€555k€557k▲
Trade receivables40€203k€163k▼
Other amounts receivable41€352k€394k▲
Current investments50/53€5k€5k▲
Cash at bank and in hand54/58€49k€11k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€666k€615k▼
Equity10/15€321k€294k▼
Contributions10/11€8k€8k=
Reserves13€123k€96k▼
Distributable reserves133€123k€96k▼
Profit (loss) carried forward14€190k€190k▼
Amounts payable17/49€344k€320k▼
Amounts payable within one year42/48€344k€320k▼
Current portion of amounts payable after more than one year42€38k€39k▲
Financial debts43-€47k
Credit institutions430/8-€47k
Trade debts44€267k€168k▼
Suppliers440/4€267k€168k▼
Taxes, remuneration and social security45€35k€37k▲
Taxes450/3€35k€37k▲
Other amounts payable47/48€5k€30k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€26k€515▼
Gross operating margin9900€479k€23k▼
Operating profit (loss)9901€434k€5k▼
Financial income75/76B€13k-
Recurring financial income75€13k-
Financial charges65/66B€247k€5k▼
Recurring financial charges65€247k€5k▼
Profit (loss) for the period before taxes9903€200k€85▼
Income taxes67/77€54k€500▼
Profit (loss) for the period9904€145k€-415▼
Profit (loss) for the period to be appropriated9905€145k€-415▼
Appropriation of the result
Profit (loss) to be appropriated9906€190k€190k▼
Profit (loss) brought forward from the previous period14P€45k€190k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Weakest financial yearnet €-415 ▼100%
Net result drops to €-415, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Highest result since 2019net €145k ▲96.9%
Operating result €434k, net result €145k, both a record.
31-12
Financial
Equity above €200kEq €321k ▲82.6%
6 profitable years in a row build equity to €321k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Equity above €150kEq €153k ▲66.7%
4 profitable years in a row build equity to €153k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 1 day late
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Anderlecht · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dokter Lemoinelaan 111070 AnderlechtGround area
986 m²
Building footprint
480 m²
Volume, LiDAR
17,524 m³
2 parcels, Brussels · tallest building 52.2 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
Ripa Construct
since 20082.168.301.772
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0298/00G000 | Brussels | 797 m² | 1 · 333 m² | 52.2 m · 16 fl. |
| 21562A0353/00H013 | Brussels | 190 m² | 1 · 147 m² | 18.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CHAPEWERKEN SMEETS
BE 0862.035.238
Lanaken · Eq €294k
CONSTRUART
BE 0821.390.852
Kraainem · Eq €295k
LIFT SERVICE
BE 0812.679.955
Brecht · Eq €294k
VINCENT LADEUZE
BE 0829.314.762
Soignies · Eq €293k
Vanneste Construct
BE 0842.395.906
Menen · Eq €293k
Of 15,536 companies in sector 43990 we hold annual accounts for 7,420. 5,413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-2007
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
45250
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.