RIVE GAUCHE HUY
ActiveSummary
The computed 12-month bankruptcy probability of RIVE GAUCHE HUY is 5.9% (elevated). The 2024 annual accounts show equity of €171k and a net result of €48k. Equity is growing by ~24.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 18941 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71=
Solvency38▼-4
Growth52=
Track record94
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity short (current ratio 0.65 against 0.42 in 2023; short-term debt: 37% and cash: 3.3% of total assets), and 87% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
151 d late
2022
99 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€171k▲ 39.5%
2023 · €123k
2022: €111k
2023: €123k
2022 → 2024
Total assets
€1.32M▲ 80.4%
2023 · €731k
2022: €425k
2023: €731k
2022 → 2024
Net result
€48k▲ 304%
2023 · €12k
2022: €101k
2023: €12k
2022 → 2024
Working capital
€-169k▲ 8.6%
2023 · €-185k
2022: €-65k
2023: €-185k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€111k-€123k▲ 10.8%€171k▲ 39.5%
Operating result€104k-€61k▼ 40.9%€106k▲ 73.5%
Net result€101k-€12k▼ 88.1%€48k▲ 304%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 74% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.32M
Fixed assets
€999k ▲ 67.9%
Current assets
€320k ▲ 135%
Equity and liabilities €1.32M
Equity
€171k ▲ 39.5%
Debt
€1.15M ▲ 88.6%
Debt's share of the balance-sheet total rises from 83.2% to 87.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€205k▲
2023 · €149k
Cash flow
€147k▲
2023 · €100k
Current ratio
0.65▲
2023 · 0.42
Quick ratio
0.59▲
2023 · 0.39
Debt to equity
6.71▲
2023 · 4.96
ROE
28.3%▲
2023 · 9.8%
ROA
3.7%▲
2023 · 1.6%
Interest coverage
5.75▼
2023 · 5.98
Debt ≤ 1 year
€488k▲
2023 · €321k
Debt > 1 year
€659k▲
2023 · €287k
Income taxes
€22k▼
2023 · €24k
Staff costs
€264k▲
2023 · €178k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€731k€1.32M▲
Fixed assets21/28€595k€999k▲
Intangible fixed assets21€74k€66k▼
Tangible fixed assets22/27€520k€933k▲
Land and buildings22€343k€754k▲
Plant, machinery and equipment23€46k€63k▲
Furniture and vehicles24€124k€67k▼
Leasing and similar rights25-€42k
Other tangible fixed assets26€8k€7k▼
Current assets29/58€136k€320k▲
Stocks and contracts in progress3€11k€33k▲
Stocks30/36€11k€33k▲
Amounts receivable within one year40/41€9k€238k▲
Trade receivables40€1k€234k▲
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€114k€44k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€731k€1.32M▲
Equity10/15€123k€171k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€113k€161k▲
Amounts payable17/49€608k€1.15M▲
Amounts payable after more than one year17€287k€659k▲
Financial debts170/4€287k€659k▲
Amounts payable within one year42/48€321k€488k▲
Current portion of amounts payable after more than one year42€30k€56k▲
Trade debts44€217k€272k▲
Suppliers440/4€217k€272k▲
Taxes, remuneration and social security45€66k€151k▲
Taxes450/3€43k€67k▲
Remuneration and social security454/9€23k€84k▲
Other amounts payable47/48€7k€9k▲
Accrued charges and deferred income492/3-€68
Income statement
Code20232024
Remuneration, social security and pensions62€178k€264k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€99k▲
Other operating charges640/8€4k€27k▲
Non-recurring operating charges66A€363€3k▲
Gross operating margin9900€332k€499k▲
Operating profit (loss)9901€61k€106k▲
Financial income75/76B€55€37▼
Recurring financial income75€55€37▼
Financial charges65/66B€25k€36k▲
Recurring financial charges65€25k€36k▲
Profit (loss) for the period before taxes9903€36k€71k▲
Income taxes67/77€24k€22k▼
Profit (loss) for the period9904€12k€48k▲
Profit (loss) for the period to be appropriated9905€12k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€161k▲
Profit (loss) brought forward from the previous period14P€101k€113k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
30-03
State Gazette act
Resignation: Ardit LATIFI (director)Director discharge · Share transfer5 facts ▸
State Gazette act
Resignation: Ardit LATIFI (director)
Director discharge · Share transfer5 facts ▸
- General meeting, 02/03/2026
- Director resignation, Ardit LATIFI (director)
- Director discharge, Ardit LATIFI
- Share transfer, Ardit LATIFI → Kushtrim LATIFI
- Share transfer, Ardit LATIFI → Bekim LATIFI
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Equity above €150kEq €171k ▲39.5%
3 profitable years in a row build equity to €171k.
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 151 days late
2023
31-12
Financial
Weakest financial yearnet €12k ▼88.1%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
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.
02-03-2026
Resigned as Director
Location & real-estate footprint
Registered office, Huy · 2 establishment units since 2021
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.
Rue Neuve 244500 HuyGround area
594 m²
Building footprint
291 m²
Volume, LiDAR
35 m³
2 parcels, Wallonia · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
RIVE GAUCHE HUY
since 20212.324.728.823
La RI-GA
since 20242.366.889.773
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A1379/00K000 | Wallonia | 354 m² | 1 · 284 m² | - |
| 61004A0647/00T000 | Wallonia | 241 m² | 1 · 7 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 30-03-2026 ↗
- Ardit LATIFI to Kushtrim LATIFI 30 shares
- Ardit LATIFI to Bekim LATIFI 30 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesAmay2.366.889.773
Huy2.324.728.823
Similar companies · same sector, comparable size
DECA-D
BE 0459.423.375
Aalst · Eq €170,972
OP 'T HOF
BE 0726.982.732
Liedekerke · Eq €171,127
AJM
BE 0874.210.124
Middelkerke · Eq €171,138
FERTRI
BE 0442.958.121
Brussel · Eq €171,160
Brasserie de Bellevaux
BE 0646.985.941
Malmedy · Eq €171,482
Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.