RISETRONICS
ActiveSummary
The computed 12-month bankruptcy probability of RISETRONICS is 1.8% (moderate). The 2025 annual accounts show equity of €74k and a net result of €-19k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 56% of 195 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability1▼-62
Solvency80▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.21 in 2024; short-term debt: 44.5% and cash: 35.9% of total assets), and 44.5% of the assets are financed with debt.
Credit check 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 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more 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
55.5%
Return on assets
-14.4%
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 €-19k
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 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
31 d early
2023
38 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
19 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 20.6%
2024 · €93k
2018: €64k
2019: €34k▼ -47.3% vs 2018lowest in 8 years
2020: €45k▲ +31.3% vs 2019
2021: €58k▲ +30.8% vs 2020
2022: €69k▲ +17.9% vs 2021
2023: €102k▲ +48.8% vs 2022highest in 8 years
2024: €93k▼ -9.2% vs 2023
2025: €74k▼ -20.6% vs 2024
2018 → 2025
Total assets
€133k▼ 30.4%
2024 · €191k
2018: €175k
2019: €129k▼ -26.7% vs 2018
2020: €124k▼ -3.8% vs 2019lowest in 8 years
2021: €144k▲ +16.6% vs 2020
2022: €178k▲ +23.6% vs 2021
2023: €238k▲ +33.2% vs 2022highest in 8 years
2024: €191k▼ -19.6% vs 2023
2025: €133k▼ -30.4% vs 2024
2018 → 2025
Net result
€-19k▼ 103%
2024 · €-9k
2018: €4k
2019: €-30k▼ -840% vs 2018lowest in 8 years
2020: €11k▲ +135% vs 2019
2021: €14k▲ +29.3% vs 2020
2022: €10k▼ -24.0% vs 2021
2023: €40k▲ +289% vs 2022highest in 8 years
2024: €-9k▼ -123% vs 2023
2025: €-19k▼ -103% vs 2024
2018 → 2025
Working capital
€13k▼ 34.9%
2024 · €20k
2018: €-8k
2019: €-26k▼ -220% vs 2018lowest in 8 years
2020: €-5k▲ +81.2% vs 2019
2021: €-7k▼ -33.1% vs 2020
2022: €-22k▼ -233% vs 2021
2023: €23k▲ +204% vs 2022highest in 8 years
2024: €20k▼ -10.3% vs 2023
2025: €13k▼ -34.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€69k▲ 17.9%€102k▲ 48.8%€93k▼ 9.2%€74k▼ 20.6%
2021: €58klowest in 5 years
2022: €69k▲ +17.9% vs 2021
2023: €102k▲ +48.8% vs 2022highest in 5 years
2024: €93k▼ -9.2% vs 2023
2025: €74k▼ -20.6% vs 2024
Operating result€18k-€13k▼ 26.8%€61k▲ 357%€-9k€-19k▼ 105%
2021: €18k
2022: €13k▼ -26.8% vs 2021
2023: €61k▲ +357% vs 2022highest in 5 years
2024: €-9k▼ -115% vs 2023
2025: €-19k▼ -105% vs 2024lowest in 5 years
Net result€14k-€10k▼ 24.0%€40k▲ 289%€-9k€-19k▼ 103%
2021: €14k
2022: €10k▼ -24.0% vs 2021
2023: €40k▲ +289% vs 2022highest in 5 years
2024: €-9k▼ -123% vs 2023
2025: €-19k▼ -103% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €133k
Fixed assets
€60k ▼ 16.5%
Current assets
€72k ▼ 38.9%
Equity and liabilities €133k
Equity
€74k ▼ 20.6%
Debt
€59k ▼ 39.8%
Debt's share of the balance-sheet total falls from 51.4% to 44.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €2k
Cash flow
€-7k▼
2024 · €2k
Current ratio
1.22▲
2024 · 1.21
Debt to equity
0.80▼
2024 · 1.06
ROE
-25.9%▼
2024 · -10.1%
ROA
-14.4%▼
2024 · -4.9%
Interest coverage
-21.82▼
2024 · 13.31
Debt ≤ 1 year
€59k▼
2024 · €98k
Income taxes
€141▲
2024 · €128
Staff costs
€6k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€191k€133k▼
Fixed assets21/28€72k€60k▼
Intangible fixed assets21€779€619▼
Tangible fixed assets22/27€72k€60k▼
Land and buildings22€27k€22k▼
Plant, machinery and equipment23€41k€34k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€119k€72k▼
Amounts receivable within one year40/41€38k€24k▼
Trade receivables40€33k€23k▼
Other amounts receivable41€5k€703▼
Cash at bank and in hand54/58€79k€48k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€191k€133k▼
Equity10/15€93k€74k▼
Contributions10/11€44k€44k=
Outside capital11€44k€44k=
Other1109/19€44k€44k=
Reserves13€49k€33k▼
Non-distributable reserves130/1€33k€33k=
Reserves not available under the articles1311€33k€33k=
Distributable reserves133€16k-
Profit (loss) carried forward14-€-3k
Amounts payable17/49€98k€59k▼
Amounts payable within one year42/48€98k€59k▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€38k€11k▼
Taxes450/3€27k€11k▼
Remuneration and social security454/9€11k-
Other amounts payable47/48€54k€46k▼
Income statement
Code20242025
Remuneration, social security and pensions62€52k€6k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A-€312
Gross operating margin9900€56k€4k▼
Operating profit (loss)9901€-9k€-19k▼
Financial income75/76B€5€28▲
Recurring financial income75€5€28▲
Financial charges65/66B€170€307▲
Recurring financial charges65€170€307▲
Profit (loss) for the period before taxes9903€-9k€-19k▼
Income taxes67/77€128€141▲
Profit (loss) for the period9904€-9k€-19k▼
Profit (loss) for the period to be appropriated9905€-9k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-19k▼
Profit (loss) brought forward from the previous period14P€129-
Transfer from equity791/2€9k€16k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €1k | - | - | - | - | - |
| Remuneration, social security and pensions62 | €54k | €47k | €50k | €52k | €6k | ▼ 88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €10k | €11k | €11k | €12k | ▲ 5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3k | - |
| Other operating charges640/8 | €1k | €1k | €1k | €2k | €1k | ▼ 16.7% |
| Non-recurring operating charges66A | €1k | - | - | - | €312 | - |
| Gross operating margin9900 | €85k | €71k | €123k | €56k | €4k | ▼ 92.3% |
| Operating profit (loss)9901 | €18k | €13k | €61k | €-9k | €-19k | ▼ 105% |
| Financial income75/76B | €23 | - | €1 | €5 | €28 | ▲ 457% |
| Recurring financial income75 | €23 | - | €1 | €5 | €28 | ▲ 457% |
| Financial charges65/66B | €380 | €172 | €177 | €170 | €307 | ▲ 80.5% |
| Recurring financial charges65 | €380 | €172 | €177 | €170 | €307 | ▲ 80.5% |
| Profit (loss) for the period before taxes9903 | €18k | €13k | €61k | €-9k | €-19k | ▼ 105% |
| Income taxes67/77 | €4k | €3k | €20k | €128 | €141 | ▲ 10.1% |
| Profit (loss) for the period9904 | €14k | €10k | €40k | €-9k | €-19k | ▼ 103% |
| Profit (loss) for the period to be appropriated9905 | €14k | €10k | €40k | €-9k | €-19k | ▼ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €144k | €178k | €238k | €191k | €133k | ▼ 30.4% |
| Fixed assets21/28 | €65k | €91k | €79k | €72k | €60k | ▼ 16.5% |
| Intangible fixed assets21 | - | - | - | €779 | €619 | ▼ 20.6% |
| Tangible fixed assets22/27 | €65k | €91k | €79k | €72k | €60k | ▼ 16.5% |
| Land and buildings22 | €39k | €35k | €31k | €27k | €22k | ▼ 15.5% |
| Plant, machinery and equipment23 | €24k | €53k | €47k | €41k | €34k | ▼ 15.4% |
| Furniture and vehicles24 | €2k | €3k | €2k | €4k | €3k | ▼ 31.6% |
| Current assets29/58 | €79k | €88k | €158k | €119k | €72k | ▼ 38.9% |
| Amounts receivable within one year40/41 | €44k | €50k | €101k | €38k | €24k | ▼ 38.1% |
| Trade receivables40 | €44k | €49k | €100k | €33k | €23k | ▼ 30.9% |
| Other amounts receivable41 | - | €579 | €243 | €5k | €703 | ▼ 85.8% |
| Cash at bank and in hand54/58 | €35k | €36k | €56k | €79k | €48k | ▼ 39.3% |
| Deferred charges and accrued income490/1 | €507 | €3k | €1k | €2k | €1k | ▼ 41.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €144k | €178k | €238k | €191k | €133k | ▼ 30.4% |
| Equity10/15 | €58k | €69k | €102k | €93k | €74k | ▼ 20.6% |
| Contributions10/11 | €40k | €40k | €44k | €44k | €44k | = |
| Outside capital11 | €40k | €40k | €44k | €44k | €44k | = |
| Other1109/19 | €40k | €40k | €44k | €44k | €44k | = |
| Reserves13 | €4k | €28k | €58k | €49k | €33k | ▼ 32.3% |
| Non-distributable reserves130/1 | €4k | €12k | €33k | €33k | €33k | = |
| Reserves not available under the articles1311 | €4k | €12k | €33k | €33k | €33k | = |
| Distributable reserves133 | - | €16k | €25k | €16k | - | - |
| Profit (loss) carried forward14 | €14k | €654 | €129 | - | €-3k | - |
| Amounts payable17/49 | €86k | €110k | €135k | €98k | €59k | ▼ 39.8% |
| Amounts payable within one year42/48 | €86k | €110k | €135k | €98k | €59k | ▼ 39.8% |
| Trade debts44 | €6k | €11k | €10k | €6k | €2k | ▼ 68.0% |
| Suppliers440/4 | €6k | €11k | €10k | €6k | €2k | ▼ 68.0% |
| Taxes, remuneration and social security45 | €21k | €14k | €46k | €38k | €11k | ▼ 70.8% |
| Taxes450/3 | €15k | €4k | €35k | €27k | €11k | ▼ 59.5% |
| Remuneration and social security454/9 | €6k | €10k | €10k | €11k | - | - |
| Other amounts payable47/48 | €59k | €85k | €80k | €54k | €46k | ▼ 14.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €10k | €40k | €-9k | €-19k | ▼ 103% |
| + Depreciation and write-downs630 | €10k | €10k | €11k | €11k | €12k | ▲ 5.4% |
| Operating cash flow (approximation) | €24k | €20k | €52k | €2k | €-7k | ▼ 461% |
| Investment in fixed assets (approximation) | - | €-35k | €0 | €-4k | €0 | ▲ 100% |
| Change in cash | - | €185 | €21k | €22k | €-31k | ▼ 239% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €40k ▲289%
Operating result €61k, net result €40k, both a record.
31-12
Financial
Equity above €100kEq €102k ▲48.8%
4 profitable years in a row build equity to €102k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Vorst · 1 establishment unit since 2006
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.
Brits Tweede Legerlaan 391190 Vorst1 establishment unit
RISETRONICS
since 20062.153.137.011
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Of 142 companies in sector 27900 we hold annual accounts for 103. 56 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
27900Manufacture of electrical equipment
Contact
Phone
02/346.36.05Vorst
Fax
02/346.29.18Vorst
Scores and ratios are computed by Checked and are not a credit decision.