RIPACO

Active

Private limited companyfounded 2012active for 13 yearsAlbert Sercustraat 35, 8800 Roeselare, BelgiumKBO/BCE: BE 0500.822.084

Summary

RIPACO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,219 and a net result of €13,908. Equity is shrinking by about 17% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 21% of 13,668 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow Report Compare

RIPACOActiveChecked score 85/100

Risk analysis Report Compare

Activity

Wholesale of other machinery and equipment

NACE 46649

1 site

Size

≈ €360,000turnover 2025, estimated

Equity: €12,219
Profit: €13,908

Turnover estimated from the gross margin

Financial health

85 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.3%

Structure

Els VansteenkisteDirector

2025 accounts 15 days early3 of 6 deeds summarised

Why 85raises riskEquity €12,219 (2.7% of total assets)Sector: Wholesale trade (NACE 46)lowers riskSize: total assets €460,857Founded in 2012Show the evidence

Checked score

Score 2025

85 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 41% of its sector peers (NACE 46, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 28+3

equity 2.7% of total assets

Liquidity 49-2

short-term debt 14.0% · cash 0.9%

Profitability 71+46

return on assets 3.0%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)

Last 24 months 11-2024: 1.4% 12-2024: 1.3%▼ -0.1 percentage points vs 11-2024 01-2025: 0.4%▼ -0.9 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.6%▲ +0.1 percentage points vs 12-2025 02-2026: 0.9%▲ +0.3 percentage points vs 01-2026 03-2026: 1.2%▲ +0.3 percentage points vs 02-2026 04-2026: 2.0%▲ +0.8 percentage points vs 03-2026 05-2026: 2.2%▲ +0.2 percentage points vs 04-2026 06-2026: 2.6%▲ +0.4 percentage points vs 05-2026 07-2026: 4.0%▲ +1.4 percentage points vs 06-2026highest value 08-2026: 0.3%▼ -3.7 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.34, compared with 0.62 in 2024, below 1; short-term debt: 14% and cash: 0.9% of total assets), and 97.3% of the assets are financed with debt and provisions.

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 46, micro): better than 18% on solvency, 48% on liquidity and 56% on profitability.

The bankruptcy probability was computed on 30-10-2026 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.

lowers riskraises riskneutral

Size: total assets €460,857

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 2012

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Equity €12,219 (2.7% of total assets)

NBB · annual accounts

Sector: Wholesale trade (NACE 46)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13668 sector peers (2025).

NBB · sector comparison

Position among 13668 sector peers

Solvency

better than 21%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

15 days early

2024

44 days early

2023

1 day early

2022

50 days early

2021

41 days early

2020

6 days early

2019

53 days 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 30 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

16-07-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €13,908
03-07-2025 Resignation: Els Vansteenkiste (manager)Appointment: Els Vansteenkiste (director) ·…

Key points

Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
One director decidessole director in office 1 View
Total assets 20256 financial years filed €460,857 View

By topic

Financials

Financial year: 2025
Total assets: €460,857
Profit: €13,908
Solvency: 2.7%

Total assets▼ 11.0%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member

Els VansteenkisteDirector

Go to Board & ownership

Timeline

Events: 19
Since: 2014

18-12-2024Annual accounts filed
30-06-2024Weakest financial year
30-01-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Wholesale of other machinery and equipmentNACE 46649
Founded: 14-11-2012
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 21

Annual meeting: Third Friday of June at 19:00
Purpose: “Het kopen en verkopen onder agentuur,groot- en kleinhandel van alle fantasie-,promotie- en…” (deed in Dutch)

Go to Articles of association

Key facts about RIPACO

What is the company number of RIPACO?: 0500.822.084. In Belgium the VAT number is the company number with BE in front: BE 0500.822.084.
Where is RIPACO based?: The registered office is at Albert Sercustraat 35, 8800 Roeselare.Company details
What does RIPACO do?: According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
What is the legal form of RIPACO?: Private limited company (BV).
When was RIPACO founded?: On 14-11-2012.
Is RIPACO still active?: Yes, RIPACO is an active enterprise in the KBO register.
What is the turnover of RIPACO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RIPACO profitable?: In financial year 2025, RIPACO made a profit of €13,908.
Where can I find the annual accounts of RIPACO?: RIPACO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.