Riva Armada
ActiveSummary
Riva Armada has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€192,615) and a net result of -€431,944. Its solvency ranks better than 5% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
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Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,411 | €0 | ▼ 100% |
| Other operating charges640/8 | €951 | €2,598 | ▲ 173% |
| Gross operating margin9900 | -€17,701 | -€6,789 | ▲ 61.6% |
| Operating profit (loss)9901 | -€25,063 | -€9,387 | ▲ 62.5% |
| Financial income75/76B | €0 | - | - |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | €1,980 | €422,456 | ▲ 21,238% |
| Recurring financial charges65 | €1,980 | €1,834 | ▼ 7.4% |
| Non-recurring financial charges66B | - | €420,622 | - |
| Profit (loss) for the period before taxes9903 | -€27,042 | -€431,843 | ▼ 1,497% |
| Income taxes67/77 | €214 | €102 | ▼ 52.6% |
| Profit (loss) for the period9904 | -€27,257 | -€431,944 | ▼ 1,485% |
| Profit (loss) for the period to be appropriated9905 | -€27,257 | -€431,944 | ▼ 1,485% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €440,194 | €5,634 | ▼ 98.7% |
| Fixed assets21/28 | €426,623 | €1 | ▼ 100.0% |
| Tangible fixed assets22/27 | €6,000 | €0 | ▼ 100% |
| Furniture and vehicles24 | €6,000 | €0 | ▼ 100% |
| Financial fixed assets28 | €420,623 | €1 | ▼ 100.0% |
| Current assets29/58 | €13,571 | €5,633 | ▼ 58.5% |
| Amounts receivable within one year40/41 | €13,307 | €5,577 | ▼ 58.1% |
| Trade receivables40 | €2,035 | €4,000 | ▲ 96.5% |
| Other amounts receivable41 | €11,271 | €1,577 | ▼ 86.0% |
| Cash at bank and in hand54/58 | €0 | €56 | - |
| Deferred charges and accrued income490/1 | €264 | €0 | ▼ 100% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €440,194 | €5,634 | ▼ 98.7% |
| Equity10/15 | €239,330 | -€192,615 | ▼ 180% |
| Contributions10/11 | €2,000 | €2,000 | = |
| Reserves13 | €237,330 | €59,781 | ▼ 74.8% |
| Distributable reserves133 | €237,330 | €59,781 | ▼ 74.8% |
| Profit (loss) carried forward14 | - | -€254,395 | - |
| Amounts payable17/49 | €200,864 | €198,249 | ▼ 1.3% |
| Amounts payable after more than one year17 | €11,307 | €876 | ▼ 92.2% |
| Financial debts170/4 | €11,307 | €876 | ▼ 92.2% |
| Amounts payable within one year42/48 | €189,530 | €197,373 | ▲ 4.1% |
| Current portion of amounts payable after more than one year42 | €14,408 | €10,373 | ▼ 28.0% |
| Trade debts44 | €13,518 | €6,865 | ▼ 49.2% |
| Suppliers440/4 | €13,518 | €6,865 | ▼ 49.2% |
| Advances received on contracts in progress46 | - | €4,000 | - |
| Taxes, remuneration and social security45 | €6,104 | €197 | ▼ 96.8% |
| Taxes450/3 | €6,104 | €197 | ▼ 96.8% |
| Other amounts payable47/48 | €155,500 | €175,938 | ▲ 13.1% |
| Accrued charges and deferred income492/3 | €27 | €0 | ▼ 100% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€27,257 | -€431,944 | ▼ 1,485% |
| + Depreciation and write-downs630 | €6,411 | €0 | ▼ 100% |
| Operating cash flow (approximation) | -€20,845 | -€431,944 | ▼ 1,972% |
| Investment in fixed assets (approximation) | - | €426,622 | - |
| Change in cash | - | €56 | - |
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
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31336H0978/00_000 | Flanders | 238 m² | 1 · 95 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
100%
According to the annual accounts to 30-09-2025 of Riva Armada and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.