RIVER MINDS
Dissolution or liquidationSummary
The KBO register records for RIVER MINDS the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2014 annual accounts show negative equity (-€11,679) and a net result of -€52,941.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2014 was due by 31-07-2015 and was filed on 12-08-2015, 12 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2014, full schema
Turnover
€268,712▼ 8.0%
2012 · €292,126
EBIT margin
-17.5%▼ 18.0pp
2012 · 0.5%
Net result
-€52,941▼ 224%
2013 · -€16,315
Working capital
-€61,653▲ 40.1%
2013 · -€102,986
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2011201220132014
Turnover€292,126€268,712
Operating result€12,304-€1,421▼ 88.5%€1,185▼ 16.6%-€47,066
Net result€2,561--€15,760-€16,315▼ 3.5%-€52,941▼ 224%
EBIT margin0.5%-17.5%
Equity€42,561-€26,802▼ 37.0%€10,487▼ 60.9%-€11,679
Total assets€367,998-€350,683▼ 4.7%€292,715▼ 16.5%€260,523▼ 11.0%
Debt€325,437-€323,881▼ 0.5%€282,228▼ 12.9%€272,202▼ 3.6%
Working capital-€69,089--€86,187▼ 24.7%-€102,986▼ 19.5%-€61,653▲ 40.1%
Staff (FTE)1-1=1=1.4▲ 40.0%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2014: a loss of €47,066 after €1,185 in 2013, the lowest result in the available series.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Assets €260,523
Fixed assets
€244,437 ▼ 14.1%
Current assets
€16,086 ▲ 99.9%
Key figures and ratios
EBITDA
€3,396▼
2013 · €50,928
Cash flow
-€2,479▼
2013 · €33,427
Solvency
-4.5%▼
2013 · 3.6%
Current ratio
0.21▲
2013 · 0.07
Quick ratio
0.20▲
2013 · 0.07
Debt to equity
-15.88▼
2013 · 15.55
ROA
-20.3%▼
2013 · -5.6%
Debt ≤ 1 year
€77,739▼
2013 · €111,033
Debt > 1 year
€185,474▲
2013 · €163,087
Income taxes
€210▲
2013 · -€6
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|
| Turnover70 | - | €292,126 | - | €268,712 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,093 | €48,095 | €49,742 | €50,463 | ▲ 1.4% |
| Gross operating margin9900 | €46,658 | €129,123 | €143,954 | €53,515 | ▼ 62.8% |
| Operating profit (loss)9901 | €12,304 | €1,421 | €1,185 | -€47,066 | ▼ 4,071% |
| Recurring financial income75 | €29 | €470 | €22 | €3,293 | ▲ 14,627% |
| Recurring financial charges65 | €8,788 | €17,545 | €17,529 | €8,958 | ▼ 48.9% |
| Profit (loss) for the period before taxes9903 | €3,545 | -€15,751 | -€16,322 | -€52,731 | ▼ 223% |
| Income taxes67/77 | €984 | €9 | -€6 | €210 | ▲ 3,346% |
| Profit (loss) for the period9904 | €2,561 | -€15,760 | -€16,315 | -€52,941 | ▼ 224% |
| Profit (loss) for the period to be appropriated9905 | €2,561 | -€15,760 | -€16,315 | -€52,941 | ▼ 224% |
| Line | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €367,998 | €350,683 | €292,715 | €260,523 | ▼ 11.0% |
| Formation expenses20 | €942 | €845 | €748 | - | - |
| Fixed assets21/28 | €362,936 | €328,601 | €284,668 | €244,437 | ▼ 14.1% |
| Intangible fixed assets21 | €33,203 | €29,768 | €26,333 | €32,549 | ▲ 23.6% |
| Tangible fixed assets22/27 | €328,791 | €297,988 | €257,355 | €211,425 | ▼ 17.8% |
| Financial fixed assets28 | - | - | €232 | €464 | ▲ 100% |
| Current assets29/58 | €5,062 | €22,081 | €8,047 | €16,086 | ▲ 99.9% |
| Stocks and contracts in progress3 | - | - | €590 | €590 | = |
| Amounts receivable within one year40/41 | €1,629 | €8,236 | €4,121 | €5,618 | ▲ 36.3% |
| Cash at bank and in hand54/58 | €3,396 | €1,139 | €941 | €4,352 | ▲ 363% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €367,998 | €350,683 | €292,715 | €260,523 | ▼ 11.0% |
| Equity10/15 | €42,561 | €26,802 | €10,487 | -€11,679 | ▼ 211% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | €177 | €177 | €177 | €177 | = |
| Profit (loss) carried forward14 | €2,384 | -€13,376 | -€29,691 | -€51,856 | ▼ 74.7% |
| Amounts payable17/49 | €325,437 | €323,881 | €282,228 | €272,202 | ▼ 3.6% |
| Amounts payable after more than one year17 | €248,657 | €214,085 | €163,087 | €185,474 | ▲ 13.7% |
| Amounts payable within one year42/48 | €74,151 | €108,269 | €111,033 | €77,739 | ▼ 30.0% |
| Trade debts44 | - | €16,272 | €14,840 | €17,762 | ▲ 19.7% |
| Line | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,561 | -€15,760 | -€16,315 | -€52,941 | ▼ 224% |
| + Depreciation and write-downs630 | €15,093 | €48,095 | €49,742 | €50,463 | ▲ 1.4% |
| Operating cash flow (approximation) | €17,654 | €32,336 | €33,427 | -€2,479 | ▼ 107% |
| Investment in fixed assets (approximation) | - | -€13,761 | -€5,809 | -€10,232 | ▼ 76.1% |
| Change in cash | - | -€2,257 | -€198 | €3,411 | ▲ 1,823% |
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
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 12 days late
2014
31-12
Financial
Weakest financial yearnet -€52,941
Net result drops to -€52,941, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 26 days late
2013
22-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 22 days late
2012
31-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Neupré · 1 establishment unit since 2010
Ground area
1,278 m²
Building footprint
498 m²
Volume, LiDAR
3,483 m³
Parcel 61044B0114/00A000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RIVER MINDS
since 20102.195.571.937
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61044B0114/00A000indicative | Wallonia | 1,278 m² | 1 · 498 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2010
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.