RITIKA
Open bankruptcyA bankruptcy procedure is open for RITIKA according to publications in the Belgian State Gazette; curator: NICOLAS VAN DER BORGHT.
Summary
The 2019 annual accounts show negative equity (€-3k) and a net result of €9k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2019, micro schema
Turnover
€120k▲ 13.3%
2018 · €106k
2018: €106k
2019: €120k▲ +13.3% vs 2018
2018 → 2019
EBIT margin
9.8%▲ 6.9pp
2018 · 2.9%
2018: 2.9%
2019: 9.8%▲ +243% vs 2018
2018 → 2019
Net result
€9k
2018 · €-3k
2018: €-3k
2019: €9k▲ +449% vs 2018
2018 → 2019
Working capital
€-5k▲ 68.9%
2018 · €-17k
2018: €-17k
2019: €-5k▲ +68.9% vs 2018
2018 → 2019
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019Trend
Turnover€106k-€120k▲ 13.3%
2018: €106k
2019: €120k▲ +13.3% vs 2018
Equity€-12k-€-3k▲ 75.7%
2018: €-12k
2019: €-3k▲ +75.7% vs 2018
Operating result€3k-€12k▲ 288%
2018: €3k
2019: €12k▲ +288% vs 2018
Net result€-3k-€9k
2018: €-3k
2019: €9k▲ +449% vs 2018
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 288% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €50k
Fixed assets
€19k ▼ 23.3%
Current assets
€30k ▲ 438%
Key figures and ratios
EBITDA
€18k▲
2018 · €9k
Cash flow
€15k▲
2018 · €3k
Solvency
-6.0%▲
2018 · -39.6%
Current ratio
0.85▲
2018 · 0.25
Debt to equity
-4.78▼
2018 · -1.61
ROA
18.6%▲
2018 · -8.6%
Debt
€53k▲
2018 · €43k
Debt ≤ 1 year
€36k▲
2018 · €22k
Debt > 1 year
€14k▼
2018 · €20k
Income taxes
€2k▲
2018 · €386
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 · 2019 against 2018 · 25 lines
Balance sheet
Code20182019
Assets
Total assets20/58€31k€50k▲
Fixed assets21/28€25k€19k▼
Tangible fixed assets22/27€24k€18k▼
Financial fixed assets28€2k€2k=
Current assets29/58€6k€30k▲
Amounts receivable within one year40/41-€4k
Cash at bank and in hand54/58€5k€26k▲
Equity and liabilities
Total equity and liabilities10/49€31k€50k▲
Equity10/15€-12k€-3k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-18k€-9k▲
Amounts payable17/49€43k€53k▲
Amounts payable after more than one year17€20k€14k▼
Amounts payable within one year42/48€22k€36k▲
Trade debts44€5k€334▼
Income statement
Code20182019
Turnover70€106k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Gross operating margin9900€33k€47k▲
Operating profit (loss)9901€3k€12k▲
Recurring financial income75€186€2▼
Recurring financial charges65€5k€474▼
Profit (loss) for the period before taxes9903€-2k€11k▲
Income taxes67/77€386€2k▲
Profit (loss) for the period9904€-3k€9k▲
Profit (loss) for the period to be appropriated9905€-3k€9k▲
Accounts by statement
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €106k | €120k | ▲ 13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €6k | = |
| Gross operating margin9900 | €33k | €47k | ▲ 43.1% |
| Operating profit (loss)9901 | €3k | €12k | ▲ 288% |
| Recurring financial income75 | €186 | €2 | ▼ 98.9% |
| Recurring financial charges65 | €5k | €474 | ▼ 91.4% |
| Profit (loss) for the period before taxes9903 | €-2k | €11k | ▲ 598% |
| Income taxes67/77 | €386 | €2k | ▲ 427% |
| Profit (loss) for the period9904 | €-3k | €9k | ▲ 449% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €9k | ▲ 449% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €31k | €50k | ▲ 60.9% |
| Fixed assets21/28 | €25k | €19k | ▼ 23.3% |
| Tangible fixed assets22/27 | €24k | €18k | ▼ 25.0% |
| Financial fixed assets28 | €2k | €2k | = |
| Current assets29/58 | €6k | €30k | ▲ 438% |
| Amounts receivable within one year40/41 | - | €4k | - |
| Cash at bank and in hand54/58 | €5k | €26k | ▲ 406% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €31k | €50k | ▲ 60.9% |
| Equity10/15 | €-12k | €-3k | ▲ 75.7% |
| Contributions10/11 | €6k | €6k | = |
| Profit (loss) carried forward14 | €-18k | €-9k | ▲ 50.3% |
| Amounts payable17/49 | €43k | €53k | ▲ 22.1% |
| Amounts payable after more than one year17 | €20k | €14k | ▼ 27.9% |
| Amounts payable within one year42/48 | €22k | €36k | ▲ 59.5% |
| Trade debts44 | €5k | €334 | ▼ 93.0% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €9k | ▲ 449% |
| + Depreciation and write-downs630 | €6k | €6k | = |
| Operating cash flow (approximation) | €3k | €15k | ▲ 367% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €21k | - |
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
2022
29-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 21-11-2022
2021
05-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 492 days late
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 858 days late
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1222 days late
2019
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2017
09-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 50 days late
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
30-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 30 days late
2012
14-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 14 days late
2011
29-07
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
SignalFinancial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Etterbeek · 1 establishment unit since 2007
Ground area
1,459 m²
Building footprint
218 m²
Volume, LiDAR
1,544 m³
2 parcels, Brussels, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ritika
since 20072.255.017.990
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23081A0080/00V003 | Flanders | 1,383 m² | 1 · 154 m² | 6.5 m · 1 fl. |
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICOLAS VAN DER BORGHT AVENUE DE FRE 229,
1180 FR BRUXELLES 18 |
21-11-2022 → present |
Similar companies · same sector and region
BLUE EAGLE DILBEEK
BE 0872.938.038
Etterbeek
BM & Co
BE 0770.741.115
Etterbeek
CAR WISH WASH & CIE
BE 0472.781.265
Etterbeek
CESI 4
BE 0811.467.851
Etterbeek
MIKE'S HAND WASH
BE 0470.742.681
Etterbeek
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 3,208 companies in sector 95316 we hold annual accounts for 751. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded29-11-2007
Fiscal year end31-12
Activities, NACEBEL 2025
95316Washing and cleaning of motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.