RITL
ActiveThe computed 12-month bankruptcy probability of RITL is 3.5% (moderate). The 2025 annual accounts show equity of €154k and a net result of €63k. Equity is growing by ~65.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 13159 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-2
Solvency72▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 2.33 in 2024; short-term debt: 16.7% and cash: 48.4% of total assets), but 53.1% of the assets are financed with debt.
Credit advice 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.9%
Return on assets
19%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 3 filingsDeviation from the deadline
2025
29 d late
2024
1 d early
2023
25 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€154k▲ 68.4%
2024 · €92k
2023: €35k
2024: €92k
2023 → 2025
Total assets
€329k▲ 21.3%
2024 · €272k
2023: €232k
2024: €272k
2023 → 2025
Net result
€63k▲ 10.1%
2024 · €57k
2023: €25k
2024: €57k
2023 → 2025
Working capital
€107k▲ 66.5%
2024 · €64k
2023: €7k
2024: €64k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€35k-€92k▲ 164%€154k▲ 68.4%
Operating result€42k-€87k▲ 106%€93k▲ 7.1%
Net result€25k-€57k▲ 131%€63k▲ 10.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 7% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€167k▲ 5.2%
Current assets
€162k▲ 44.1%
Equity and liabilities €329k
Equity
€154k▲ 68.4%
Debt
€175k▼ 2.7%
The debt ratio falls from 66.2% to 53.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109k▲
2024 · €100k
Cash flow
€79k▲
2024 · €71k
Solvency
46.9%▲
2024 · 33.8%
Current ratio
2.95▲
2024 · 2.33
Quick ratio
2.91▲
2024 · 2.29
Debt / equity
1.13▼
2024 · 1.96
ROE
40.6%▼
2024 · 62.1%
ROA
19.0%▼
2024 · 21.0%
Interest coverage
14.34▲
2024 · 12.34
Debt
€175k▼
2024 · €180k
Debt ≤ 1 year
€55k▲
2024 · €48k
Debt > 1 year
€119k▼
2024 · €132k
Income taxes
€23k▲
2024 · €21k
Staff costs
€46k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€272k€329k▲
Fixed assets21/28€159k€167k▲
Intangible fixed assets21€12k€10k▼
Tangible fixed assets22/27€147k€157k▲
Land and buildings22€130k€122k▼
Plant, machinery and equipment23€13k€29k▲
Furniture and vehicles24€5k€6k▲
Current assets29/58€113k€162k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€242€371▲
Trade receivables40€242€371▲
Cash at bank and in hand54/58€110k€159k▲
Deferred charges and accrued income490/1-€133
Equity and liabilities
Total equity and liabilities10/49€272k€329k▲
Equity10/15€92k€154k▲
Contributions10/11€10k€10k=
Reserves13€82k€144k▲
Distributable reserves133€82k€144k▲
Profit (loss) carried forward14€26€26=
Amounts payable17/49€180k€175k▼
Amounts payable after more than one year17€132k€119k▼
Financial debts170/4€132k€119k▼
Amounts payable within one year42/48€48k€55k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€28k€29k▲
Taxes450/3€26k€27k▲
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€3k€6k▲
Accrued charges and deferred income492/3-€434
Income statement
Code20242025
Remuneration, social security and pensions62€30k€46k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€132k€157k▲
Operating profit (loss)9901€87k€93k▲
Financial income75/76B€26€705▲
Recurring financial income75€26€705▲
Financial charges65/66B€8k€8k▼
Recurring financial charges65€8k€8k▼
Profit (loss) for the period before taxes9903€78k€86k▲
Income taxes67/77€21k€23k▲
Profit (loss) for the period9904€57k€63k▲
Profit (loss) for the period to be appropriated9905€57k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€57k€63k▲
Profit (loss) brought forward from the previous period14P€24€26▲
Transfer to equity691/2€57k€63k▲
To other reserves6921€57k€63k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial
Highest result since 2023net €63k ▲10.1%
Operating result €93k, net result €63k, both a record.
31-12
Financial
Equity above €150kEq €154k ▲68.4%
3 profitable years in a row build equity to €154k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 2.33
Current ratio from 1.13 to 2.33; short-term debt falls from €54k to €48k.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Niel · 1 establishment unit since 2022
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.
Jan De Borgerplein 92845 NielGround area
280 m²
Building footprint
153 m²
Volume, LiDAR
627 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Tina's Breakfast & Lunch
since 20222.338.899.632
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030C0351/00S000 | Flanders | 188 m² | 1 · 61 m² | 0.1 m |
| 11030A0464/00F000 | Flanders | 92 m² | 1 · 92 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNiel2.338.899.632
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Of 20,499 companies in sector 56111 we hold annual accounts for 11,455. 9,006 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2022
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.