Equity
€508,422 ▲ 22.3%
RIVECO has made a profit without a break since 2020.
RIVECO
Lifetime
7 annual accounts with figures on one time axispeak €261,164 (2023)
€180,924▲ 1.1%
lowest -€82,504 (2019)
€92,537▲ 107%
peak €508,422 (2025)
€508,422▲ 22.3%
€1.5m▼ 5.4%
Board2 names since 2019
2 directorsVERVISCH Rik Michel and 1 other
Documentsfilings and deeds
30-09-202661 days late
2025micro format
Result from €44,799 to €92,537Equity from €415,885 to €508,422
Key points
from the 2025 annual accountsTurnover
≈ €310,000 estimated
The accounts state no turnover.
Debts
€1.5m 75% of the balance sheet
Financial debts 9%Suppliers 0%Taxes and wages 4%Other 86%
Of this, €1.4m falls due within a year.
Filings
7 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Starting capital
€18,600 100 shares
Position in the sector
€508,422
More equity than 89% of companies in head offices and management consultancy. Sector median €78,242 · 39,408 companies.
Checked score
90
Excellent
Financially stronger than 37% of small companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 4,522 companies (NACE 70, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.3%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.7%▲ +0.2 percentage points vs 08-2025
10-2025: 1.0%▲ +0.3 percentage points vs 09-2025highest value
11-2025: 0.1%▼ -0.9 percentage points vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.5%▲ +0.1 percentage points vs 08-2026
10-2026: 0.1%▼ -0.4 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
lowers risk
Size: total assets €2.0m
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 01-10-2026)
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 70, small). It does better than 25% of them on solvency, 9% on liquidity, 36% on profitability and 77% on growth.
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 very low class on 30-06-2025, 0.1% 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, 2,372 companies had the same profile as RIVECO has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RIVECO itself is lower: 0.1% within 12 months. It rests on far more data about RIVECO than the profile alone.
Test of the method
The method was tested on the 497,448 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 2,372 companies, not a prediction for RIVECO. 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 €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.07 (0.06 in 2024), below 1. Short-term debt is 67.9% and cash 4.5% of total assets. 74.8% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 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 · 7 filingsDeviation from the deadline
2025
61 days late
2024
61 days late
2023
61 days late
2022
89 days late
2021
78 days late
2020
79 days late
2019
75 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 72 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VERVISCH Rik Michel founderdeed of 22-03-2019
- VANLUCHENE Kathy Rachel Maria founderdeed of 22-03-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0722962972
Change of role: Rik VERVISCH, from manager to director
General meeting of 23-01-2024 · Gazette deed
Incorporation
Founding capital of €18,600, 100 shares · Founders: VERVISCH Rik Michel and VANLUCHENE Kathy Rachel Maria · Appointment: VERVISCH Rik Michel (manager) · published on 22-03-2019 · Gazette deed
First establishment
Tivolistraat 12, Wingene
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RIVECO Wingene | €2.0m | €180,924 | 25.2% | - |
| Liveco Invest Houthulst | €2.0m | €145,558 | 20.0% | - |
| JRD MANAGEMENT Ham-sur-Heure-Nalinnes | €2.1m | €180,704 | 12.5% | - |
| TTH INVEST Houffalize | €2.0m | €184,984 | 14.0% | - |
| CLINT MANAGEMENT Overijse | €1.9m | €189,680 | 11.5% | - |
| SOHEPA Aartselaar | €2.0m | €199,237 | 6.6% | - |
| Anchor 119 Brussels | €2.1m | €174,429 | 4.8% | - |
These companies have the same main activity as RIVECO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.9m and €2.1m, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 20-03-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 4 others
- Establishment unit
- 2.287.570.1038755 Wingene, since 20-03-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 09-09-2025
Insights on RIVECO
RIVECO files the micro format. That format states no turnover. The gross margin rose from €25,126 in 2019 to €180,924 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
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 RIVECO
- What is the company number of RIVECO?
- The company number of RIVECO is 0722.962.972. The VAT number is the same number with BE in front: BE 0722.962.972.
- Where is RIVECO based?
- The registered office is at Tivolistraat 12, 8755 Wingene.Company details
- What does RIVECO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of RIVECO?
- RIVECO is a private limited company (BV).
- When was RIVECO founded?
- RIVECO was founded on 20-03-2019.
- Is RIVECO still active?
- Yes, RIVECO is an active enterprise in the KBO register.
- What is the turnover of RIVECO?
- The turnover in financial year 2025 is ≈ €310,000. This figure is estimated from the gross margin of €180,924 and 109 comparable companies (NACE 70200). It probably lies between €260,000 and €370,000.Financials
- Is RIVECO profitable?
- In financial year 2025, RIVECO made a profit of €92,537.
- Where can I find the annual accounts of RIVECO?
- RIVECO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RIVECO due?
- RIVECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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