Starting capital
€3,000 100 shares
RIVE
Lifetime
1 annual account with figurespeak €93,958 (2025)
€93,958
peak €50,164 (2025)
€50,164
peak €53,164 (2025)
€53,164
€10,147
Board1 name since 2024
1 directorARGOUB Imed
Documentsfilings and deeds
09-10-202670 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsAt the same address
210 companies
Position in the sector
84.0%
Higher solvency than 93% of companies in food and beverage service. Sector median 29.5% · 17,158 companies.
2025 accounts filed 70 days after the deadline
Checked score
55
Fair
Financially stronger than 94% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 3.9%
01-2026: 3.9%● unchanged vs 12-2025
02-2026: 4.1%▲ +0.2 percentage points vs 01-2026
03-2026: 4.4%▲ +0.3 percentage points vs 02-2026
04-2026: 4.6%▲ +0.2 percentage points vs 03-2026
05-2026: 8.9%▲ +4.3 percentage points vs 04-2026
06-2026: 8.9%● unchanged vs 05-2026
07-2026: 9.6%▲ +0.7 percentage points vs 06-2026highest value
08-2026: 9.6%● unchanged vs 07-2026
09-2026: 9.3%▼ -0.3 percentage points vs 08-2026
10-2026: 2.6%▼ -6.7 percentage points vs 09-2026lowest value
11-2026: 2.6%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €93,958, total assets €63,311
Founded in 2024
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 6.24, cash €40,652
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 96% on liquidity and 93% on profitability.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as RIVE has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of RIVE itself is higher: 2.6% within 12 months. It rests on far more data about RIVE than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for RIVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.24, above the usual 1.5. Short-term debt is 16% and cash 64.2% of total assets. 16% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 70 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-10-2026, 70 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
70 days late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Recent changes
Address struck
effective 03-02-2026 · KBO administration
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016647496
Incorporation
Founding capital of €3,000, 100 shares · Founder: ARGOUB Imed · Appointment: ARGOUB Imed (director) · published on 28-11-2024 · Gazette deed
First establishment
Rue du Commerce 3, Charleroi
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RIVE | €93,958 | 53.5% | 84.0% | - |
| IB ALPHA Sint-Gillis (bij-Brussel) | €219,517 | 12.6% | 16.2% | - |
| Titi Snack Kortenberg | - | - | 18.7% | - |
| F&R INVEST Uccle | - | - | 41.8% | - |
| Snack ’n Beetje Merelbeke-Melle | - | - | 55.7% | - |
| Rasso Brussels | - | - | 41.8% | - |
| Snack Référence Charleroi | - | - | 32.9% | - |
Grey: the largest companies of the sector (food and beverage service (NACE 56)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as RIVE: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €56,900 and €65,900, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 26-11-2024Normal situation
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.366.837.1176000 Charleroi, since 26-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 18-01-2026
Insights on RIVE
The computed 12-month bankruptcy probability of RIVE is 2.6% (moderate). The 2025 annual accounts show equity of €53,164 and a net result of €50,164.
Its solvency ranks better than 93% of 17,158 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RIVE
- What is the company number of RIVE?
- The company number of RIVE is 1016.647.496. The VAT number is the same number with BE in front: BE 1016.647.496.
- What does RIVE do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of RIVE?
- RIVE is a private limited company (BV).
- When was RIVE founded?
- RIVE was founded on 26-11-2024.
- Is RIVE still active?
- Yes, RIVE is an active enterprise in the KBO register.Company details
- What is the turnover of RIVE?
- The turnover of RIVE was €93,958 in financial year 2025, according to the filed annual accounts.Financials
- Is RIVE profitable?
- In financial year 2025, RIVE made a profit of €50,164.
- Where can I find the annual accounts of RIVE?
- RIVE filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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