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Ristorit

Active
Public limited companyfounded 198244 yrs activeRue de la Forge 10, 1470 Genappe, BelgiumKBO/BCE: BE 0422.585.349
Summary

Ristorit has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.2m and a net result of -€791,506. Equity is growing by ~5.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability44▼-25
Solvency63=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 0.96 in 2024; short-term debt: 3.8% and cash: 0.1% of total assets), and 62% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
38%
Return on assets
-1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
23 d early
2024
31 d early
2023
34 d early
2022
33 d early
2021
6 d early
2020
43 d early
2019
32 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 29 days before 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 30 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 February 1982, Ristorit was incorporated.1 Total assets went from EUR 32 million in 2018 to EUR 45 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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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
-€791,506
2024 · €569,533
Working capital
€364,773
2024 · -€81,953
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€729,478▼ 3.9%-€504,541▲ 30.8%€1.0m€1.1m▲ 2.4%-€248,209
Net result-€946,795▲ 7.3%-€805,162▲ 15.0%€620,871€569,533▼ 8.3%-€791,506
Equity€10.6m▼ 8.2%€9.8m▼ 7.6%€10.4m▲ 6.4%€18.0m▲ 73.2%€17.2m▼ 4.4%
Total assets€40.9m▲ 7.7%€39.7m▼ 3.0%€40.4m▲ 1.7%€47.1m▲ 16.8%€45.3m▼ 3.9%
Debt€30.3m▲ 14.7%€29.9m▼ 1.4%€29.9m▲ 0.2%€29.1m▼ 2.8%€28.1m▼ 3.6%
Working capital-€845,515-€2.2m▼ 166%-€2.1m▲ 8.2%-€81,953▲ 96.0%€364,773
Result per fiscal year
Operating resultNet result
-€1.0m€0€1.0mOperating result 2021: -€729,478-€729,478Net result 2021: -€946,795-€946,795Operating result 2022: -€504,541-€504,541Net result 2022: -€805,162-€805,162Operating result 2023: €1.0m€1.0mNet result 2023: €620,871€620,871Operating result 2024: €1.1m€1.1mNet result 2024: €569,533€569,533Operating result 2025: -€248,209-€248,209Net result 2025: -€791,506-€791,50620212022202320242025-€1m-€500,000€0€500,000€1mOperating result 2023: €1.0m€1mNet result 2023: €620,871€621,000Operating result 2024: €1.1m€1.1mNet result 2024: €569,533€570,000Operating result 2025: -€248,209-€248,000Net result 2025: -€791,506-€792,000202320242025
The operating result turns negative in 2025: a loss of €248,209 after €1.1m in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45.3m
Fixed assets €43.2m ▼ 4.2%
Current assets €2.1m ▲ 1.7%
Equity and liabilities €45.3m
Equity €17.2m ▼ 4.4%
Provisions €25,663 ▼ 6.1%
Debt €28.1m ▼ 3.6%
Debt's share of the balance-sheet total rises from 61.7% to 62.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.8m▼
2024 · €2.9m
Cash flow
€1.3m▼
2024 · €2.4m
Current ratio
1.21▲
2024 · 0.96
Debt to equity
1.63▲
2024 · 1.62
ROE
-4.6%▼
2024 · 3.2%
ROA
-1.7%▼
2024 · 1.2%
Interest coverage
3.33▼
2024 · 5.87
Debt ≤ 1 year
€1.7m▼
2024 · €2.2m
Debt > 1 year
€26.2m▼
2024 · €26.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 146 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 94% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a small loss
1.4% went bankrupt
4.1% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 146 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€47.1m€45.3m▼
Fixed assets21/28€45.1m€43.2m▼
Tangible fixed assets22/27€38.5m€36.7m▼
Land and buildings22€38.5m€36.7m▼
Financial fixed assets28€6.5m€6.5m=
Current assets29/58€2.1m€2.1m▲
Amounts receivable within one year40/41€2.0m€2.1m▲
Trade receivables40€107,066€232,323▲
Other amounts receivable41€1.9m€1.8m▼
Cash at bank and in hand54/58€93,390€37,716▼
Deferred charges and accrued income490/1€7,587€8,901▲
Equity and liabilities
Total equity and liabilities10/49€47.1m€45.3m▼
Equity10/15€18.0m€17.2m▼
Contributions10/11€3.0m€3.0m=
Capital10€3.0m€3.0m=
Issued capital100€3.0m€3.0m=
Revaluation surpluses12€21.7m€21.7m=
Reserves13€64,566€61,350▼
Non-distributable reserves130/1€11,512€11,512=
Legal reserve130€11,512€11,512=
Tax-exempt reserves132€53,053€49,838▼
Profit (loss) carried forward14-€6.8m-€7.6m▼
Investment grants15€89,498€79,960▼
Provisions and deferred taxes16€27,318€25,663▼
Deferred taxes168€27,318€25,663▼
Amounts payable17/49€29.1m€28.1m▼
Amounts payable after more than one year17€26.9m€26.2m▼
Financial debts170/4€24.1m€23.4m▼
Other amounts payable178/9€2.8m€2.8m▼
Amounts payable within one year42/48€2.2m€1.7m▼
Current portion of amounts payable after more than one year42€1.7m€1.3m▼
Financial debts43€125,128€124,062▼
Credit institutions430/8€125,128-
Other loans439-€124,062
Trade debts44€298,351€268,198▼
Suppliers440/4€298,351€268,198▼
Accrued charges and deferred income492/3€67,353€96,992▲
Income statement Code20242025
Non-recurring operating income76A€1.1m€44,981▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.9m€2.1m▲
Other operating charges640/8€166,042€172,129▲
Non-recurring operating charges66A-€1,435
Gross operating margin9900€3.1m€2.0m▼
Operating profit (loss)9901€1.1m-€248,209▼
Financial income75/76B€6,101€9,825▲
Recurring financial income75€6,101€9,825▲
Financial charges65/66B€500,029€554,777▲
Recurring financial charges65€500,029€554,777▲
Profit (loss) for the period before taxes9903€567,877-€793,161▼
Transfer from deferred taxes780€1,656€1,656=
Profit (loss) for the period9904€569,533-€791,506▼
Transfer from tax-exempt reserves789€3,215€3,215=
Profit (loss) for the period to be appropriated9905€572,748-€788,290▼
Appropriation of the result
Profit (loss) to be appropriated9906-€6.8m-€7.6m▼
Profit (loss) brought forward from the previous period14P-€7.4m-€6.8m▲

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€1.2m€1.1m€44,981▼ 95.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.0m€2.1m€1.9m€1.9m€2.1m▲ 11.7%
Other operating charges640/8€159,809€145,471€166,056€166,042€172,129▲ 3.7%
Non-recurring operating charges66A-€745--€1,435-
Gross operating margin9900€1.4m€1.8m€3.2m€3.1m€2.0m▼ 34.9%
Operating profit (loss)9901-€729,478-€504,541€1.0m€1.1m-€248,209▼ 123%
Financial income75/76B€387€125,398€616€6,101€9,825▲ 61.0%
Recurring financial income75€387€398€616€6,101€9,825▲ 61.0%
Non-recurring financial income76B-€125,000----
Financial charges65/66B€219,359€427,674€418,295€500,029€554,777▲ 10.9%
Recurring financial charges65€219,359€427,674€418,295€500,029€554,777▲ 10.9%
Profit (loss) for the period before taxes9903-€948,450-€806,818€619,215€567,877-€793,161▼ 240%
Transfer from deferred taxes780€1,656€1,656€1,656€1,656€1,656=
Profit (loss) for the period9904-€946,795-€805,162€620,871€569,533-€791,506▼ 239%
Transfer from tax-exempt reserves789€3,215€3,215€3,215€3,215€3,215=
Profit (loss) for the period to be appropriated9905-€943,579-€801,947€624,086€572,748-€788,290▼ 238%
Line20212022202320242025Change
Assets
Total assets20/58€40.9m€39.7m€40.4m€47.1m€45.3m▼ 3.9%
Fixed assets21/28€39.6m€39.2m€39.8m€45.1m€43.2m▼ 4.2%
Tangible fixed assets22/27€33.7m€33.3m€33.9m€38.5m€36.7m▼ 4.9%
Land and buildings22€33.7m€33.3m€33.9m€38.5m€36.7m▼ 4.9%
Financial fixed assets28€5.9m€5.9m€5.9m€6.5m€6.5m=
Current assets29/58€1.3m€465,955€530,930€2.1m€2.1m▲ 1.7%
Amounts receivable within one year40/41€1.1m€421,176€59,924€2.0m€2.1m▲ 4.6%
Trade receivables40€237,410€366,063€58,630€107,066€232,323▲ 117%
Other amounts receivable41€813,890€55,113€1,294€1.9m€1.8m▼ 1.9%
Cash at bank and in hand54/58€253,979€37,074€462,389€93,390€37,716▼ 59.6%
Deferred charges and accrued income490/1€6,402€7,705€8,618€7,587€8,901▲ 17.3%
Equity and liabilities
Total equity and liabilities10/49€40.9m€39.7m€40.4m€47.1m€45.3m▼ 3.9%
Equity10/15€10.6m€9.8m€10.4m€18.0m€17.2m▼ 4.4%
Contributions10/11€3.0m€3.0m€3.0m€3.0m€3.0m=
Capital10€3.0m€3.0m€3.0m€3.0m€3.0m=
Issued capital100€3.0m€3.0m€3.0m€3.0m€3.0m=
Revaluation surpluses12€14.7m€14.7m€14.7m€21.7m€21.7m=
Reserves13€74,212€70,996€67,781€64,566€61,350▼ 5.0%
Non-distributable reserves130/1€11,512€11,512€11,512€11,512€11,512=
Legal reserve130€11,512€11,512€11,512€11,512€11,512=
Tax-exempt reserves132€62,699€59,484€56,269€53,053€49,838▼ 6.1%
Profit (loss) carried forward14-€7.2m-€8.0m-€7.4m-€6.8m-€7.6m▼ 11.5%
Investment grants15---€89,498€79,960▼ 10.7%
Provisions and deferred taxes16€32,285€30,630€28,974€27,318€25,663▼ 6.1%
Deferred taxes168€32,285€30,630€28,974€27,318€25,663▼ 6.1%
Amounts payable17/49€30.3m€29.9m€29.9m€29.1m€28.1m▼ 3.6%
Amounts payable after more than one year17€28.1m€27.1m€27.3m€26.9m€26.2m▼ 2.4%
Financial debts170/4€26.1m€25.1m€25.3m€24.1m€23.4m▼ 2.6%
Other amounts payable178/9€2.0m€2.0m€2.0m€2.8m€2.8m▼ 1.1%
Amounts payable within one year42/48€2.2m€2.7m€2.6m€2.2m€1.7m▼ 19.1%
Current portion of amounts payable after more than one year42€1.2m€1.2m€1.3m€1.7m€1.3m▼ 22.0%
Financial debts43€75,753€100,883€131,285€125,128€124,062▼ 0.9%
Credit institutions430/8€75,753€100,883€131,285€125,128--
Other loans439----€124,062-
Trade debts44€835,607€1.3m€940,871€298,351€268,198▼ 10.1%
Suppliers440/4€835,607€1.3m€940,871€298,351€268,198▼ 10.1%
Taxes, remuneration and social security45€18,511€28,288----
Taxes450/3€18,511€28,288----
Other amounts payable47/48-€100,000€229,102---
Accrued charges and deferred income492/3€3,489€56,070€63,589€67,353€96,992▲ 44.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€946,795-€805,162€620,871€569,533-€791,506▼ 239%
+ Depreciation and write-downs630€2.0m€2.1m€1.9m€1.9m€2.1m▲ 11.7%
Operating cash flow (approximation)€1.1m€1.3m€2.6m€2.4m€1.3m▼ 46.7%
Investment in fixed assets (approximation)--€1.7m-€2.6m-€7.1m-€219,183▲ 96.9%
Change in cash--€216,905€425,315-€368,999-€55,674▲ 84.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
27-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €620,871
Net result €620,871 after 5 loss-making years.
31-12
Financial Equity above €10mEq €10.4m ▲6.4%
Equity rises from €9.8m to €10.4m.
28-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
18-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€1.0m
Net result drops to -€1.0m, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 7current ratio 1.15
Current ratio from 0.16 to 1.15; short-term debt falls from €6.7m to €1.6m.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
12-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
30-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
30-12
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 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Genappe · 2 establishment units since 1982
seat establishment All 2 establishment units on the map
Ground area
4,540 m²
Building footprint
890 m²
Volume, LiDAR
13,462 m³
3 parcels, Brussels, Flanders, Wallonia · tallest building 29.8 m, ±9 floors. Linked by address, not a title deed.
32 companies at this address See who is registered here
2 establishment units
LA CANTINA
Generaal Meiserplein 14, 1030 SchaarbeekNACE 5530101
since 19822.020.465.953
Kongostraat 7, 8300 Knokke-Heist
NACE 7020302
since 20002.020.466.052
3 parcels
Flanders 1 (33.3%) Wallonia 1 (33.3%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
25013E0183/00L000 Wallonia 3,842 m² 1 · 438 m² 9.9 m · 2 fl.
21904B0431/00N002 Brussels 513 m² 1 · 311 m² 29.8 m · 9 fl.
31013A0796/00A000 Flanders 184 m² 1 · 141 m² 22.2 m · 6 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group AXIAL INVEST 18 companies Group, risk and exposure

Owners and holdings

2 owners · 1 holding

Chain of control

  1. AXIAL INVEST 100%
  2. CONTINENTAL PROPERTIES 99.98%
  3. Ristorit

Highest known parent: AXIAL INVEST. The sources do not say who stands above it.

According to the 2025 annual accounts of Ristorit 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.

Company details

Identification
Legal formPublic limited company
Founded24-02-1982
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0422585349
Registered 04-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

General meetings

1 convocation
Extraordinary general meeting
on 31-12-2002 · at the registered office · published 19-04-2004
Agenda
1. Rapport conseil d’administration. 2. Appro- bation comptes annuels au 31.12.2003. 3. Affectation résultat. 4. Appro- bation des rémunérations administrateurs. 5. Décharge aux administra- teurs. 6. Mandats. 7. Divers. (72974) Reynco, naamloze vennootschap, Sparrenhofstraat 93, 9100 Sint-Niklaas H.R. Sint-Niklaas 55351 — BTW 437.332.022 Jaarvergadering op 03.05.2004, om 20 uur, op de zetel. — Dagorde : 1. Lezing van het verslag van de raad van bestuur. 2. Goedkeuring van de jaarrekeningen afgesloten per 31.12.2003. 3. Kwijting aan de raad van bestuur. 4. Ontslag en benoeming bestuurders. 5. Kwijting voor het voeren van de boekhouding, het opstellen van de jaarrekening. 6. Rondvraag. (72975) ...

Scores and ratios are computed by Checked and are not a credit decision.