RITTAL
ActiveRITTAL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.89M and a net result of €4.45M. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 61% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+2
Solvency77▼-3
Growth62▼-1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.12 in 2023; short-term debt: 45.4% and cash: 0.5% of total assets), and 47.8% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
52.2%
Return on assets
29.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
34 d early
2022
39 d early
2021
27 d early
2020
23 d early
2019
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€44.75M▲ 0.2%
2023 · €44.67M
2018: €33.36M
2019: €38.14M
2020: €33.24M
2021: €37.11M
2022: €39.79M
2023: €44.67M
2018 → 2024
EBIT margin
12.7%▲ 1.3pp
2023 · 11.4%
2018: 9.2%
2019: 10.4%
2020: 10.1%
2021: 10.5%
2022: 10.5%
2023: 11.4%
2018 → 2024
Net result
€4.45M▲ 13.5%
2023 · €3.92M
2018: €2.10M
2019: €2.81M
2020: €2.57M
2021: €3.02M
2022: €3.21M
2023: €3.92M
2018 → 2024
Working capital
€6.93M▲ 1.3%
2023 · €6.84M
2018: €7.21M
2019: €7.17M
2020: €7.23M
2021: €7.12M
2022: €6.84M
2023: €6.84M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€33.24M-€37.11M▲ 11.6%€39.79M▲ 7.2%€44.67M▲ 12.3%€44.75M▲ 0.2%
Equity€7.89M-€7.89M=€7.89M=€7.89M=€7.89M=
Operating result€3.37M-€3.88M▲ 15.1%€4.19M▲ 8.1%€5.10M▲ 21.6%€5.69M▲ 11.6%
Net result€2.57M-€3.02M▲ 17.5%€3.21M▲ 6.4%€3.92M▲ 22.0%€4.45M▲ 13.5%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €15.11M
Fixed assets
€1.32M▼ 4.6%
Current assets
€13.79M▲ 6.3%
Equity and liabilities €15.11M
Equity
€7.89M=
Provisions
€298k▲ 3.2%
Debt
€6.93M▲ 12.1%
The debt ratio rises from 43.1% to 45.8%. Debt is higher.
Key figures and ratios
EBITDA
€5.83M▲
2023 · €5.25M
Cash flow
€4.59M▲
2023 · €4.07M
Solvency
52.2%▼
2023 · 54.9%
Current ratio
2.01▼
2023 · 2.12
Quick ratio
1.66▲
2023 · 1.57
Debt / equity
0.88▲
2023 · 0.78
ROE
56.4%▲
2023 · 49.7%
ROA
29.4%▲
2023 · 27.3%
Interest coverage
186.26▼
2023 · 208.46
Debt
€6.93M▲
2023 · €6.18M
Debt ≤ 1 year
€6.86M▲
2023 · €6.13M
Income taxes
€1.49M▲
2023 · €1.31M
Staff costs
€5.26M▲
2023 · €5.24M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€14.35M€15.11M▲
Fixed assets21/28€1.38M€1.32M▼
Intangible fixed assets21€13k€7k▼
Tangible fixed assets22/27€1.12M€1.06M▼
Land and buildings22€481k€498k▲
Plant, machinery and equipment23€472k€430k▼
Furniture and vehicles24€167k€134k▼
Financial fixed assets28€250k€250k▲
Companies linked by participating interests282/3€250k€250k=
Participating interests282€250k€250k=
Other financial fixed assets284/8-€600
Amounts receivable and cash guarantees285/8-€600
Current assets29/58€12.97M€13.79M▲
Stocks and contracts in progress3€3.32M€2.38M▼
Stocks30/36€3.32M€2.38M▼
Raw materials and consumables30/31€2k€2k▼
Finished goods33€348k€140k▼
Goods purchased for resale34€2.97M€2.24M▼
Amounts receivable within one year40/41€9.54M€11.28M▲
Trade receivables40€7.36M€5.50M▼
Other amounts receivable41€2.19M€5.78M▲
Cash at bank and in hand54/58€43k€70k▲
Deferred charges and accrued income490/1€61k€61k▼
Equity and liabilities
Total equity and liabilities10/49€14.35M€15.11M▲
Equity10/15€7.89M€7.89M=
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€7.76M€7.76M=
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Tax-exempt reserves132€58k€58k=
Distributable reserves133€7.69M€7.69M=
Provisions and deferred taxes16€288k€298k▲
Provisions for liabilities and charges160/5€288k€298k▲
Major repairs and maintenance162€123k€123k=
Other liabilities and charges164/5€166k€175k▲
Amounts payable17/49€6.18M€6.93M▲
Amounts payable within one year42/48€6.13M€6.86M▲
Trade debts44€837k€880k▲
Suppliers440/4€837k€880k▲
Advances received on contracts in progress46€123k€32k▼
Taxes, remuneration and social security45€1.26M€1.51M▲
Taxes450/3€427k€801k▲
Remuneration and social security454/9€829k€705k▼
Other amounts payable47/48€3.92M€4.45M▲
Accrued charges and deferred income492/3€47k€66k▲
Income statement
Code20232024
Operating income70/76A€44.89M€45.07M▲
Turnover70€44.67M€44.75M▲
Other operating income74€213k€320k▲
Non-recurring operating income76A€8k-
Operating charges60/66A€39.79M€39.38M▼
Goods for resale, raw materials and consumables60€32.20M€31.56M▼
Purchases600/8€31.88M€30.62M▼
Change in stocks: decrease (increase)609€326k€938k▲
Services and other goods61€2.16M€2.42M▲
Remuneration, social security and pensions62€5.24M€5.26M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€154k€142k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-19k€-56k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-21k€9k▲
Other operating charges640/8€72k€32k▼
Non-recurring operating charges66A€452€44▼
Operating profit (loss)9901€5.10M€5.69M▲
Financial income75/76B€232k€358k▲
Recurring financial income75€232k€358k▲
Income from financial fixed assets750€193k€235k▲
Income from current assets751€35k€119k▲
Other financial income752/9€4k€4k▼
Financial charges65/66B€109k€110k▲
Recurring financial charges65€109k€110k▲
Debt charges650€25k€31k▲
Other financial charges652/9€84k€79k▼
Profit (loss) for the period before taxes9903€5.22M€5.94M▲
Income taxes67/77€1.31M€1.49M▲
Taxes670/3€1.31M€1.49M▲
Profit (loss) for the period9904€3.92M€4.45M▲
Profit (loss) for the period to be appropriated9905€3.92M€4.45M▲
Appropriation of the result
Profit (loss) to be appropriated9906€3.92M€4.45M▲
Profit to be distributed694/7€3.92M€4.45M▲
Return on contributions (dividend)694€3.92M€4.45M▲
Social balance
Average headcount (FTE)908755.554.8▼
The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-08
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment2 facts ▸
- General meeting, 15/06/2026
- Auditor appointment, Figurad Bedrijfsrevisoren (commissaris)
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €4.45M ▲13.5%
Operating result €5.69M, net result €4.45M, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 55 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lokeren · 1 establishment unit since 2003
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.
Stokkelaar 89160 LokerenGround area
1.5 ha
Building footprint
4,773 m²
Volume, LiDAR
55,652 m³
Parcel 46382B1278/00C000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RITTAL
since 20032.124.866.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1278/00C000 | Flanders | 1.5 ha | 1 · 4,773 m² | 14.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| FIGURAD BEDRIJFSREVISORENCurrent Statutory auditor | 17-08-2026 → present |
Public money · subsidies and aid
Flemish government
2022 to 2023 · 4 entries · 5,368 EUR awarded · 5,368 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 2 | -6,592 EUR | 3,408 EUR |
| 2022 | 2 | 11,960 EUR | 1,960 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Legal Entity Identifier
875500GR4H1D1ALHNC21
Similar companies · same sector, comparable size
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PIERRE DUC
BE 0460.726.640
Liège · Eq €7.30M
ELECTRO DEPOT BELGIUM
BE 0549.949.715
Anderlecht · Eq €7.26M
BSH HOME APPLIANCES
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Anderlecht · Eq €8.81M
Of 977 companies in sector 46431 we hold annual accounts for 705. 213 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-03-1988
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.