RITS
The computed 12-month bankruptcy probability of RITS is 0.6% (low). The 2024 annual accounts show equity of €198k and a net result of €9k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 229 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €198k |
| Net result | €9k |
| Staff (FTE) | 3.1 |
| Better than sector | 50% |
Strong profile, led by stability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 46.9% | 46.9% | |
| Net result | €9k | €5k | |
| Equity | €198k | €25k | |
| Gross operating margin | €225k | €17k | |
| Staff costs | €162k | €35k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €54k |
| Net profit | €9k |
| Cash flow | €32k |
| Staff costs | €162k |
| Income taxes | €13k |
| Dividends | €20k |
| Total assets | €423k |
| Equity | €198k |
| Debt | €225k |
| of which ≤ 1y | €137k |
| of which > 1y | €87k |
| Working capital | €128k |
| Employees (FTE) | 3.1 |
| 2024 | |
|---|---|
| Current ratio | 1.93 |
| Quick ratio | 1.93 |
| Working capital ratio | 30.3% |
| Solvency | 46.9% |
| Debt / equity | 1.13 |
| Long-term debt ratio | 0.44 |
| Interest coverage | 6.56 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.2% |
| ROE | 4.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €423k |
| Fixed assets | 21/28 | €158k |
| Tangible fixed assets | 22/27 | €156k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €266k |
| Amounts receivable within one year | 40/41 | €70k |
| Cash & bank | 54/58 | €185k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €423k |
| Equity | 10/15 | €198k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €71k |
| Accumulated profits (losses) | 14 | €121k |
| Amounts payable | 17/49 | €225k |
| Amounts payable after one year | 17 | €87k |
| Amounts payable within one year | 42/48 | €137k |
| Trade debts payable within one year | 44 | €28k |
| Income statement | ||
| Gross operating margin | 9900 | €225k |
| Operating result | 9901 | €31k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €23k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €9k |
| Result to be appropriated | 9905 | €9k |
| NACE primary | 58190 |
| Legal form | Private limited company(610) |
| Incorporation | 24-05-2007 |
| Status | Active |
| Postal code | 6900 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 83040A1387/00R000 | Wallonia | 2,336 m² | 1 · 78 m² | - |
| 91030A0610/00L000 | Wallonia | 606 m² | 1 · 101 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
21-06-2024 TODARO Fabian resigns as director
- TODARO Fabian, Bestuurder
Technical details
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"events": [
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"kind": "director_out",
"role": "administrateur",
"person": {
"rrn": null,
"name": "TODARO Fabian",
"address": null,
"birth_date": null,
"profession": null,
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2024-06-26",
"evidence_quote": "La d\u00E9mission de Monsieur TODARO Fabian au poste d\u0027administrateur de la soci\u00E9t\u00E9 RITS SRL avec prise d\u0027effet au 26 juin 2024. L\u0027assembl\u00E9e g\u00E9n\u00E9rale donne d\u00E9charge \u00E0 l\u0027administrateur.",
"decharge_status": "granted",
"mandate_duration": {
"kind": "until_date",
"value": "2024-06-26"
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "future"
}
],
"notary": {
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"is_associated": false
},
"act_meta": {
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"pub_date": null,
"filing_date": "2024-06-03",
"act_kind_objet": "D\u00E9mission d\u0027administrateur"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-06-03",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0889.685.087",
"name_full": "RITS SRL",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "RITSINAS Nicolas",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | RITS |