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RITECH SOLUTIONS

Active
Private limited companyfounded 20233 yrs activeDe Boeckstraat (August) 35, 1800 Vilvoorde, BelgiumKBO/BCE: BE 0803.510.782
Summary

RITECH SOLUTIONS has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €100,844 and a net result of €98,844. Its solvency ranks better than 90% of 11613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes
Profitability100
Solvency100
Growth-
Track record79
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 7.21; short-term debt: 10.3% and cash: 42.4% of total assets), and 10.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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

On 3 July 2023, RITECH SOLUTIONS was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€100,844
Total assets
€112,391
Net result
€98,844
Working capital
€71,704

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €112,391
Fixed assets €29,140
Current assets €83,250
Equity and liabilities €112,391
Equity €100,844
Debt €11,546
Debt finances 10.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€135,222
Cash flow
€107,306
Current ratio
7.21
Debt to equity
0.11
ROE
98.0%
ROA
87.9%
Interest coverage
1616.71
Debt ≤ 1 year
€11,546
Income taxes
€27,932
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 33 lines
Balance sheet Code2024
Assets
Total assets20/58€112,391
Fixed assets21/28€29,140
Tangible fixed assets22/27€29,140
Furniture and vehicles24€29,140
Current assets29/58€83,250
Amounts receivable within one year40/41€34,344
Trade receivables40€14,266
Other amounts receivable41€20,078
Cash at bank and in hand54/58€47,696
Deferred charges and accrued income490/1€1,211
Equity and liabilities
Total equity and liabilities10/49€112,391
Equity10/15€100,844
Contributions10/11€2,000
Profit (loss) carried forward14€98,844
Amounts payable17/49€11,546
Amounts payable within one year42/48€11,546
Trade debts44€1,467
Suppliers440/4€1,467
Taxes, remuneration and social security45€10,079
Taxes450/3€10,079
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,462
Other operating charges640/8€370
Gross operating margin9900€135,592
Operating profit (loss)9901€126,760
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903€126,776
Income taxes67/77€27,932
Profit (loss) for the period9904€98,844
Profit (loss) for the period to be appropriated9905€98,844
Appropriation of the result
Profit (loss) to be appropriated9906€98,844

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,462
Other operating charges640/8€370
Gross operating margin9900€135,592
Operating profit (loss)9901€126,760
Financial income75/76B€100
Recurring financial income75€100
Financial charges65/66B€84
Recurring financial charges65€84
Profit (loss) for the period before taxes9903€126,776
Income taxes67/77€27,932
Profit (loss) for the period9904€98,844
Profit (loss) for the period to be appropriated9905€98,844
Line2024
Assets
Total assets20/58€112,391
Fixed assets21/28€29,140
Tangible fixed assets22/27€29,140
Furniture and vehicles24€29,140
Current assets29/58€83,250
Amounts receivable within one year40/41€34,344
Trade receivables40€14,266
Other amounts receivable41€20,078
Cash at bank and in hand54/58€47,696
Deferred charges and accrued income490/1€1,211
Equity and liabilities
Total equity and liabilities10/49€112,391
Equity10/15€100,844
Contributions10/11€2,000
Profit (loss) carried forward14€98,844
Amounts payable17/49€11,546
Amounts payable within one year42/48€11,546
Trade debts44€1,467
Suppliers440/4€1,467
Taxes, remuneration and social security45€10,079
Taxes450/3€10,079
Line2024
Profit (loss) for the period9904€98,844
+ Depreciation and write-downs630€8,462
Operating cash flow (approximation)€107,306

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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Vilvoorde · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
98 m²
Building footprint
62 m²
Volume, LiDAR
471 m³
Parcel 23643G0473/00L003, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RITECH SOLUTIONS
De Boeckstraat (August) 35, 1800 VilvoordeEngineering and related technical consultancy, excluding land surveyors
since 20232.347.233.516
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23643G0473/00L003 Flanders 98 m² 1 · 62 m² 9.0 m · 3 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 11,577 companies in sector 71121 we hold annual accounts for 6,563. 5,227 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
Founded03-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
74999Other professional, scientific and technical activities
82990Other business support services

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