RIVERSTAR
ActiveSummary
RIVERSTAR has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €456,251 and a net result of €67,876. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 1532 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability87▲+16
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 40.64 against 8.13 in 2024; short-term debt: 1.9% and cash: 62.2% of total assets), and 1.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.1%
Return on assets
14.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
21 d early
2023
13 d early
2022
20 d early
2021
45 d early
2020
31 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€456,251▲ 17.5%
2024 · €388,375
Total assets
€464,921▲ 8.6%
2024 · €427,971
Net result
€67,876▲ 733%
2024 · €8,149
Working capital
€343,716▲ 21.8%
2024 · €282,293
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€32,089€84,358▲ 163%€140,644▲ 66.7%€14,360▼ 89.8%€82,926▲ 477%
Net result€28,970within the sector's middle half€56,122above the sector's middle half▲ 93.7%€94,959above the sector's middle half▲ 69.2%€8,149within the sector's middle half▼ 91.4%€67,876above the sector's middle half▲ 733%
Equity€229,144within the sector's middle half▲ 14.5%€285,266above the sector's middle half▲ 24.5%€380,226above the sector's middle half▲ 33.3%€388,375above the sector's middle half▲ 2.1%€456,251above the sector's middle half▲ 17.5%
Total assets€245,394below the sector's middle half▲ 16.2%€304,923within the sector's middle half▲ 24.3%€398,061within the sector's middle half▲ 30.5%€427,971within the sector's middle half▲ 7.5%€464,921within the sector's middle half▲ 8.6%
Debt€16,250▲ 48.7%€19,657▲ 21.0%€17,835▼ 9.3%€39,596▲ 122%€8,670▼ 78.1%
Working capital€76,414▲ 74.8%€161,997▲ 112%€275,950▲ 70.3%€282,293▲ 2.3%€343,716▲ 21.8%
Solvency93.4%above the sector's middle half▼ 1.4pp93.6%above the sector's middle half▲ 0.2pp95.5%above the sector's middle half▲ 2.0pp90.7%above the sector's middle half▼ 4.8pp98.1%above the sector's middle half▲ 7.4pp
above
within
below
the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 477% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €464,921
Fixed assets
€112,535 ▲ 6.1%
Current assets
€352,386 ▲ 9.5%
Equity and liabilities €464,921
Equity
€456,251 ▲ 17.5%
Debt
€8,670 ▼ 78.1%
Debt's share of the balance-sheet total falls from 9.3% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85,269▲
2024 · €45,360
Cash flow
€70,219▲
2024 · €39,149
Current ratio
40.64▲
2024 · 8.13
Debt to equity
0.02▼
2024 · 0.10
ROE
14.9%▲
2024 · 2.1%
ROA
14.6%▲
2024 · 1.9%
Interest coverage
1079.35▲
2024 · 687.27
Debt ≤ 1 year
€8,670▼
2024 · €39,596
Income taxes
€14,971▲
2024 · €6,145
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 17,792 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €12,825 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,898 | €33,819 | €31,297 | €31,000 | €2,343 | ▼ 92.4% |
| Other operating charges640/8 | €4,526 | €4,930 | €4,699 | €4,085 | €2,257 | ▼ 44.7% |
| Gross operating margin9900 | €66,513 | €123,107 | €176,640 | €49,445 | €87,526 | ▲ 77.0% |
| Operating profit (loss)9901 | €32,089 | €84,358 | €140,644 | €14,360 | €82,926 | ▲ 477% |
| Financial income75/76B | €6 | €4 | €3 | - | - | - |
| Recurring financial income75 | €6 | €4 | €3 | - | - | - |
| Financial charges65/66B | €67 | €128 | €79 | €66 | €79 | ▲ 19.7% |
| Recurring financial charges65 | €67 | €128 | €79 | €66 | €79 | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | €32,028 | €84,234 | €140,568 | €14,294 | €82,847 | ▲ 480% |
| Income taxes67/77 | €3,058 | €28,112 | €45,609 | €6,145 | €14,971 | ▲ 144% |
| Profit (loss) for the period9904 | €28,970 | €56,122 | €94,959 | €8,149 | €67,876 | ▲ 733% |
| Profit (loss) for the period to be appropriated9905 | €28,970 | €56,122 | €94,959 | €8,149 | €67,876 | ▲ 733% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €245,394 | €304,923 | €398,061 | €427,971 | €464,921 | ▲ 8.6% |
| Fixed assets21/28 | €152,730 | €123,269 | €104,276 | €106,082 | €112,535 | ▲ 6.1% |
| Tangible fixed assets22/27 | €152,730 | €123,269 | €104,276 | €90,022 | €96,475 | ▲ 7.2% |
| Land and buildings22 | €563 | €3,067 | €5,306 | €17,271 | €12,720 | ▼ 26.4% |
| Plant, machinery and equipment23 | €13,642 | €10,437 | €5,522 | €14,256 | €16,422 | ▲ 15.2% |
| Furniture and vehicles24 | €138,525 | €109,765 | €93,448 | €58,495 | €67,333 | ▲ 15.1% |
| Financial fixed assets28 | - | - | - | €16,060 | €16,060 | = |
| Current assets29/58 | €92,664 | €181,654 | €293,785 | €321,889 | €352,386 | ▲ 9.5% |
| Amounts receivable within one year40/41 | €13,875 | €9,003 | €13,865 | €43,301 | €63,293 | ▲ 46.2% |
| Trade receivables40 | €13,076 | €8,588 | €11,899 | €13,964 | €31,918 | ▲ 129% |
| Other amounts receivable41 | €799 | €415 | €1,966 | €29,337 | €31,375 | ▲ 6.9% |
| Cash at bank and in hand54/58 | €77,151 | €171,013 | €278,282 | €276,950 | €289,093 | ▲ 4.4% |
| Deferred charges and accrued income490/1 | €1,638 | €1,638 | €1,638 | €1,638 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €245,394 | €304,923 | €398,061 | €427,971 | €464,921 | ▲ 8.6% |
| Equity10/15 | €229,144 | €285,266 | €380,226 | €388,375 | €456,251 | ▲ 17.5% |
| Contributions10/11 | €121,149 | €121,149 | €121,149 | €121,149 | €121,149 | = |
| Outside capital11 | €121,149 | - | - | - | - | - |
| Share premium1100/10 | €121,149 | - | - | - | - | - |
| Reserves13 | €107,995 | €164,117 | €259,077 | €267,226 | €335,102 | ▲ 25.4% |
| Distributable reserves133 | €107,995 | €164,117 | €259,077 | €267,226 | €335,102 | ▲ 25.4% |
| Amounts payable17/49 | €16,250 | €19,657 | €17,835 | €39,596 | €8,670 | ▼ 78.1% |
| Amounts payable within one year42/48 | €16,250 | €19,657 | €17,835 | €39,596 | €8,670 | ▼ 78.1% |
| Current portion of amounts payable after more than one year42 | €10,977 | - | - | - | - | - |
| Trade debts44 | €995 | €2,005 | €502 | €310 | €692 | ▲ 123% |
| Suppliers440/4 | €995 | €2,005 | €502 | €310 | €692 | ▲ 123% |
| Taxes, remuneration and social security45 | €3,218 | €17,652 | €17,333 | €39,286 | €7,978 | ▼ 79.7% |
| Taxes450/3 | €3,218 | €17,652 | €17,333 | €17,286 | €7,978 | ▼ 53.8% |
| Remuneration and social security454/9 | - | - | - | €22,000 | - | - |
| Other amounts payable47/48 | €1,060 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,970 | €56,122 | €94,959 | €8,149 | €67,876 | ▲ 733% |
| + Depreciation and write-downs630 | €29,898 | €33,819 | €31,297 | €31,000 | €2,343 | ▼ 92.4% |
| Operating cash flow (approximation) | €58,868 | €89,941 | €126,256 | €39,149 | €70,219 | ▲ 79.4% |
| Investment in fixed assets (approximation) | - | -€4,358 | -€12,304 | -€32,806 | -€8,796 | ▲ 73.2% |
| Change in cash | - | €93,862 | €107,269 | -€1,332 | €12,143 | ▲ 1,012% |
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 5current ratio 40.64
Current ratio from 8.13 to 40.64; short-term debt falls from €39,596 to €8,670.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €94,959 ▲69.2%
Operating result €140,644, net result €94,959, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €28,970
Net result €28,970 after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€35,689
Net result drops to -€35,689, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 5.28
Current ratio from 1.45 to 5.28; short-term debt falls from €140,639 to €10,211.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 1 day late
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Diest · 1 establishment unit since 2007
Ground area
148 m²
Building footprint
148 m²
Volume, LiDAR
727 m³
Parcel 24046A0008/02C000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RIVERSTAR
since 20072.162.684.284
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046A0008/02C000 | Flanders | 147 m² | 1 · 148 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDiest2.162.684.284
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Of 976 companies in sector 77210 we hold annual accounts for 217. 124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
77210Renting and leasing of sports and recreation goods
93299Other amusement and recreation activities
Contact
Phone
03/7221310Diest
E-invoicing
Reachable via Peppol
Peppol ID
0208:0886452514
Also
9925:BE0886452514
Registered
23-09-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.