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RITA MANAGEMENT

Active
Private limited company (pre-2019)founded 20187 yrs activeKBO/BCE: BE 0716.660.249
Summary

For RITA MANAGEMENT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €30,546 and a net result of €3,619. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 17% of 4429 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability70▲+62
Solvency37▲+7
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2023
Solvency, return and age of the figures
Solvency
11.8%
Return on assets
1.4%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 23-10-2024, 84 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
84 d late
2022
41 d early
2021
47 d early
2020
90 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 35 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
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

RITA MANAGEMENT was incorporated on 19 December 2018.1 Total assets fell from EUR 624,470 in 2019 to EUR 259,954 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2023

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Financials · fiscal year 2023, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,619
2022 · -€42,067
Working capital
€29,202▲ 16.2%
2022 · €25,135
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€29,351-€72,421▲ 147%€3,415▼ 95.3%-€37,714€12,598
Net result€1,027-€52,521▲ 5,012%-€3,154-€42,067▼ 1,234%€3,619
Equity€19,627-€72,148▲ 268%€68,995▼ 4.4%€26,927▼ 61.0%€30,546▲ 13.4%
Total assets€624,470-€741,920▲ 18.8%€454,342▼ 38.8%€511,664▲ 12.6%€259,954▼ 49.2%
Debt€604,843-€669,772▲ 10.7%€385,347▼ 42.5%€484,737▲ 25.8%€229,408▼ 52.7%
Working capital€19,627-€72,148▲ 268%€68,995▼ 4.4%€25,135▼ 63.6%€29,202▲ 16.2%
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000Operating result 2019: €29,351€29,351Net result 2019: €1,027€1,027Operating result 2020: €72,421€72,421Net result 2020: €52,521€52,521Operating result 2021: €3,415€3,415Net result 2021: -€3,154-€3,154Operating result 2022: -€37,714-€37,714Net result 2022: -€42,067-€42,067Operating result 2023: €12,598€12,598Net result 2023: €3,619€3,61920192020202120222023-€60,000-€40,000-€20,000€0€20,000Operating result 2021: €3,415€3,410Net result 2021: -€3,154-€3,150Operating result 2022: -€37,714-€37,700Net result 2022: -€42,067-€42,100Operating result 2023: €12,598€12,600Net result 2023: €3,619€3,620202120222023
The operating result returns to profit in 2023: €12,598 after a loss of €37,714 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €259,954
Fixed assets €1,344 ▼ 25.0%
Current assets €258,610 ▼ 49.3%
Equity and liabilities €259,954
Equity €30,546 ▲ 13.4%
Debt €229,408 ▼ 52.7%
Debt's share of the balance-sheet total falls from 94.7% to 88.2%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€13,046▲
2022 · -€37,266
Cash flow
€4,067▲
2022 · -€41,619
Current ratio
1.13▲
2022 · 1.05
Debt to equity
7.51▼
2022 · 18.00
ROE
11.8%▲
2022 · -156.2%
ROA
1.4%▲
2022 · -8.2%
Interest coverage
40.86▲
2022 · -167.56
Debt ≤ 1 year
€229,408▼
2022 · €484,737
Income taxes
€8,660▲
2022 · €4,131
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 33 lines
Balance sheet Code20222023
Assets
Total assets20/58€511,664€259,954▼
Fixed assets21/28€1,792€1,344▼
Tangible fixed assets22/27€1,792€1,344▼
Furniture and vehicles24€1,792€1,344▼
Current assets29/58€509,872€258,610▼
Amounts receivable within one year40/41€79,257€254,549▲
Trade receivables40€70,000€245,000▲
Other amounts receivable41€9,257€9,549▲
Cash at bank and in hand54/58€19,186€4,061▼
Deferred charges and accrued income490/1€411,430-
Equity and liabilities
Total equity and liabilities10/49€511,664€259,954▼
Equity10/15€26,927€30,546▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€8,327€11,946▲
Amounts payable17/49€484,737€229,408▼
Amounts payable within one year42/48€484,737€229,408▼
Trade debts44€6,381€2,481▼
Suppliers440/4€6,381€2,481▼
Taxes, remuneration and social security45€58,040€157,212▲
Taxes450/3€46,040€54,788▲
Remuneration and social security454/9€12,000€102,424▲
Other amounts payable47/48€420,316€69,715▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€448€448=
Gross operating margin9900-€37,266€13,046▲
Operating profit (loss)9901-€37,714€12,598▲
Financial charges65/66B€222€319▲
Recurring financial charges65€222€319▲
Profit (loss) for the period before taxes9903-€37,936€12,279▲
Income taxes67/77€4,131€8,660▲
Profit (loss) for the period9904-€42,067€3,619▲
Profit (loss) for the period to be appropriated9905-€42,067€3,619▲
Appropriation of the result
Profit (loss) to be appropriated9906€8,327€11,946▲
Profit (loss) brought forward from the previous period14P€50,395€8,327▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630---€448€448=
Other operating charges640/8--€3,605---
Gross operating margin9900€29,351€72,421€7,020-€37,266€13,046▲ 135%
Operating profit (loss)9901€29,351€72,421€3,415-€37,714€12,598▲ 133%
Recurring financial income75-€100----
Financial charges65/66B--€868€222€319▲ 43.6%
Recurring financial charges65€123-€868€222€319▲ 43.6%
Profit (loss) for the period before taxes9903€29,227€72,521€2,546-€37,936€12,279▲ 132%
Income taxes67/77€28,200€20,000€5,700€4,131€8,660▲ 110%
Profit (loss) for the period9904€1,027€52,521-€3,154-€42,067€3,619▲ 109%
Profit (loss) for the period to be appropriated9905€1,027€52,521-€3,154-€42,067€3,619▲ 109%
Line20192020202120222023Change
Assets
Total assets20/58€624,470€741,920€454,342€511,664€259,954▼ 49.2%
Fixed assets21/28---€1,792€1,344▼ 25.0%
Tangible fixed assets22/27---€1,792€1,344▼ 25.0%
Furniture and vehicles24---€1,792€1,344▼ 25.0%
Current assets29/58€624,470€741,920€454,342€509,872€258,610▼ 49.3%
Amounts receivable within one year40/41€530,447€74,522€26,224€79,257€254,549▲ 221%
Trade receivables40--€19,400€70,000€245,000▲ 250%
Other amounts receivable41--€6,824€9,257€9,549▲ 3.2%
Cash at bank and in hand54/58€94,023€255,968€16,688€19,186€4,061▼ 78.8%
Deferred charges and accrued income490/1--€411,430€411,430--
Equity and liabilities
Total equity and liabilities10/49€624,470€741,920€454,342€511,664€259,954▼ 49.2%
Equity10/15€19,627€72,148€68,995€26,927€30,546▲ 13.4%
Contributions10/11€18,600-€18,600€18,600€18,600=
Profit (loss) carried forward14€1,027€53,548€50,395€8,327€11,946▲ 43.5%
Amounts payable17/49€604,843€669,772€385,347€484,737€229,408▼ 52.7%
Amounts payable within one year42/48€604,843€669,772€385,347€484,737€229,408▼ 52.7%
Trade debts44€147,081-€1,649€6,381€2,481▼ 61.1%
Suppliers440/4--€1,649€6,381€2,481▼ 61.1%
Taxes, remuneration and social security45--€68,805€58,040€157,212▲ 171%
Taxes450/3--€60,603€46,040€54,788▲ 19.0%
Remuneration and social security454/9--€8,202€12,000€102,424▲ 754%
Other amounts payable47/48--€314,893€420,316€69,715▼ 83.4%
Line20192020202120222023Change
Profit (loss) for the period9904€1,027€52,521-€3,154-€42,067€3,619▲ 109%
+ Depreciation and write-downs630---€448€448=
Operating cash flow (approximation)€1,027€52,521-€3,154-€41,619€4,067▲ 110%
Investment in fixed assets (approximation)----€0-
Change in cash-€161,945-€239,280€2,498-€15,124▼ 706%

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

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Timeline · acts, filings and financial milestones

2024
23-10
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 84 days late
2023
31-12
Financial Back to profitnet €3,619
Net result €3,619 after 2 loss-making years.
20-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet -€42,067
Net result drops to -€42,067, the lowest in the series; recovery starts the following year.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial Highest result since 2019net €52,521 ▲5,012%
Operating result €72,421, net result €52,521, both a record.
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Brussel · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
564 companies at this address See who is registered here
1 establishment unit
Establishment
Activities of head offices; management consultancy activities
since 20182.285.500.934
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0131/00T000 Brussels 5,672 m² 1 · 3,878 m² 45.8 m · 8 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 34,511 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 (pre-2019)
Founded19-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0716660249
Also 9925:BE0716660249
Registered 13-04-2026

Register as of 27 September 2026 · Peppol Directory

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