RITSA
InactiveRITSA was declared bankrupt on 19-05-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-02-2026, published in the Belgian State Gazette on 16-02-2026.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 26-11-2021, 118 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
118 d late
2019
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, micro schema
Turnover
€850
EBIT margin
41.2%
Net result
€350▼ 89.4%
2019 · €3k
2018: €-5k
2019: €3k
2018 → 2020
Working capital
€25k▲ 1.4%
2019 · €25k
2018: €20k
2019: €25k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€850
Equity€10k-€14k▲ 32.4%€14k▲ 2.6%
Operating result€-5k-€3k€350▼ 89.8%
Net result€-5k-€3k€350▼ 89.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 90% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €59k
Fixed assets
€33k=
Current assets
€26k▲ 0.2%
Equity and liabilities €59k
Equity
€14k▲ 2.6%
Debt
€46k▼ 0.6%
The debt ratio falls from 77.2% to 76.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
23.4%▲
2019 · 22.8%
Current ratio
51.80▲
2019 · 32.86
Quick ratio
39.30▲
2019 · 24.94
Debt / equity
3.25▼
2019 · 3.33
ROE
2.5%▼
2019 · 24.4%
ROA
0.6%▼
2019 · 5.6%
Debt
€46k▼
2019 · €46k
Debt ≤ 1 year
€500▼
2019 · €786
Debt > 1 year
€45k=
2019 · €45k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€59k€59k▲
Fixed assets21/28€33k€33k=
Intangible fixed assets21€33k€33k=
Tangible fixed assets22/27€966€966=
Current assets29/58€26k€26k▲
Stocks and contracts in progress3€6k€6k▲
Cash at bank and in hand54/58€20k€20k▲
Equity and liabilities
Total equity and liabilities10/49€59k€59k▲
Equity10/15€14k€14k▲
Contributions10/11€19k€19k=
Reserves13€91€91▲
Profit (loss) carried forward14€-5k€-5k▲
Amounts payable17/49€46k€46k▼
Amounts payable after more than one year17€45k€45k=
Amounts payable within one year42/48€786€500▼
Trade debts44€607€500▼
Income statement
Code20192020
Turnover70-€850
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Gross operating margin9900€24k€350▼
Operating profit (loss)9901€3k€350▼
Recurring financial charges65€111-
Profit (loss) for the period before taxes9903€3k€350▼
Profit (loss) for the period9904€3k€350▼
Profit (loss) for the period to be appropriated9905€3k€350▼
Timeline · acts, filings and financial milestones
2026
16-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RITSA BVBA CONSCIENCESTRAAT 64, 2018 ANTWERPEN 1 · event 10-02-2026
2022
30-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · RITSA BVBA CONSCIENCE- STRAAT 64, 2018 ANTWERPEN 1 · event 19-05-2022
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 118 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 32.86
Current ratio from 6.39 to 32.86; short-term debt falls from €4k to €786.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
22-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS DEBAENE KONINKLIJKE LAAN 60,
2600 BERCHEM (ANTWERPEN) |
19-05-2022 → present |
| Curator | ERIK GREEVE KONINKLIJKELAAN 60, 2600 BERCHEM
(ANTWERPEN) |
19-05-2022 → present |