Riwayah
The computed 12-month bankruptcy probability of Riwayah is 1.9% (average). The 2024 annual accounts show equity of €96k and a net result of €41k. Equity is growing by ~88.3% per year across the filed fiscal years. Its solvency ranks better than 87% of 1229 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €96k |
| Net result | €41k |
| Staff (FTE) | 3.9 |
| Better than sector | 87% |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil–Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 62.9% | 18.9% | |
| Net result | €41k | €4k | |
| Equity | €96k | €14k | |
| Gross operating margin | €96k | €24k | |
| Staff costs | €33k | €32k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €61k |
| Net profit | €41k |
| Cash flow | €49k |
| Staff costs | €33k |
| Income taxes | €12k |
| Dividends | — |
| Total assets | €152k |
| Equity | €96k |
| Debt | €56k |
| of which ≤ 1y | €33k |
| of which > 1y | — |
| Working capital | €83k |
| Employees (FTE) | 3.9 |
| 2024 | |
|---|---|
| Current ratio | 3.50 |
| Quick ratio | 3.50 |
| Working capital ratio | 54.5% |
| Solvency | 62.9% |
| Debt / equity | 0.59 |
| Long-term debt ratio | — |
| Interest coverage | 316.91 |
| Gross margin | — |
| Net margin | — |
| ROA | 27.0% |
| ROE | 43.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €152k |
| Fixed assets | 21/28 | €36k |
| Tangible fixed assets | 22/27 | €36k |
| Current assets | 29/58 | €116k |
| Amounts receivable within one year | 40/41 | €46k |
| Cash & bank | 54/58 | €70k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €152k |
| Equity | 10/15 | €96k |
| Contributions / capital | 10/11 | €8k |
| Accumulated profits (losses) | 14 | €88k |
| Amounts payable | 17/49 | €56k |
| Amounts payable within one year | 42/48 | €33k |
| Trade debts payable within one year | 44 | €16k |
| Income statement | ||
| Gross operating margin | 9900 | €96k |
| Operating result | 9901 | €53k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €193 |
| Result before taxes | 9903 | €53k |
| Income taxes | 67/77 | €12k |
| Net result for the period | 9904 | €41k |
| Result to be appropriated | 9905 | €41k |
| NACE primary | Retail trade(47559) |
| Legal form | Private limited company(610) |
| Incorporation | 21-03-2022 |
| Status | Active |
| Postal code | 2140 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11006A0477/00E000 | Flanders | 200 m² | 1 · 200 m² | 17.0 m · 3 fl. |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-04-2023 1 director appointed, 1 resigning
- Arbi Adil — Bestuurder
- Arbi Abdelilah — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
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},
"reason": "end_of_term",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": false,
"effective_date": "2022-12-31",
"evidence_quote": "De heer Arbi Abdelilah te ontslaan als bestuurder vanaf 31 december 2022.",
"decharge_status": "granted",
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{
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"effective_date": "2023-01-01",
"evidence_quote": "De vergadering beslist met eenparigheid van stemmen om de heer Arbi Adil als bestuurder te benoemen vanaf 01 januari 2023.",
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],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Luik",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2023-04-13",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "bijzondere_algemene_vergadering",
"date": "2023-01-13",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0783.614.203",
"name_full": "Riwayah",
"legal_form": "BV"
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": "Arbi Adil",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Riwayah |
| Trade nameNL | Hadiet Shop |