RIWIN
ActiveSummary
RIWIN has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €407,268 and a net result of €4,639. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 89% of 5,596 sector peers (NACE 81, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Financials · financial year 2025, micro format
Equity
€407,268▲ 1.2%
2024 · €402,630
Total assets
€506,365▲ 5.2%
2024 · €481,393
Net result
€4,639
2024 · -€2,126
Working capital
€32,561▲ 2,926%
2024 · €1,076
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €5,289 after a loss of €1,973 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€5,289
2025
Net result€4,639
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€506,365
2025
Equity€407,268
2025
Debt€99,096
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€32,561
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.9%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency80.4%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio71.20
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€28,371-€24,239▼ 14.6%-€9,937-€6,765▲ 31.9%€843-€1,938-€1,973▼ 1.8%€5,289
Net result€17,391-€16,273▼ 6.4%-€10,019below the sector's middle half-€6,954below the sector's middle half▲ 30.6%-€227below the sector's middle half▲ 96.7%€69,996above the sector's middle half-€2,126below the sector's middle half€4,639within the sector's middle half
Equity€335,687-€351,960▲ 4.8%€341,941within the sector's middle half▼ 2.8%€334,987above the sector's middle half▼ 2.0%€334,760above the sector's middle half▼ 0.1%€404,756above the sector's middle half▲ 20.9%€402,630above the sector's middle half▼ 0.5%€407,268above the sector's middle half▲ 1.2%
Total assets€487,143-€481,052▼ 1.3%€488,261within the sector's middle half▲ 1.5%€473,885above the sector's middle half▼ 2.9%€474,183above the sector's middle half▲ 0.1%€473,624above the sector's middle half▼ 0.1%€481,393above the sector's middle half▲ 1.6%€506,365above the sector's middle half▲ 5.2%
Debt€151,456-€129,092▼ 14.8%€146,320▲ 13.3%€138,898▼ 5.1%€139,423▲ 0.4%€68,868▼ 50.6%€78,763▲ 14.4%€99,096▲ 25.8%
Working capital-€70,348--€39,358▲ 44.1%-€51,702below the sector's middle half▼ 31.4%-€59,180below the sector's middle half▼ 14.5%€603within the sector's middle half-€10,051below the sector's middle half€1,076within the sector's middle half€32,561within the sector's middle half▲ 2,926%
Solvency68.9%-73.2%▲ 4.3pp70.0%above the sector's middle half▼ 3.1pp70.7%above the sector's middle half▲ 0.7pp70.6%above the sector's middle half▼ 0.1pp85.5%above the sector's middle half▲ 14.9pp83.6%above the sector's middle half▼ 1.8pp80.4%above the sector's middle half▼ 3.2pp
Current ratio0.14-0.14=0.22below the sector's middle half▲ 0.080.01below the sector's middle half▼ 0.213.52above the sector's middle half▲ 3.510.03below the sector's middle half▼ 3.501.15within the sector's middle half▲ 1.1371.20above the sector's middle half▲ 70.04
Return on assets (ROA)3.6%-3.4%▼ 0.2pp-2.1%below the sector's middle half▼ 5.4pp-1.5%below the sector's middle half▲ 0.6pp0.0%below the sector's middle half▲ 1.4pp14.8%within the sector's middle half▲ 14.8pp-0.4%below the sector's middle half▼ 15.2pp0.9%within the sector's middle half▲ 1.4pp
above
within
below
the middle half of NACE 81, Services to buildings and landscape activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506,365
Fixed assets
€473,340 =
Current assets
€33,025 ▲ 310%
Equity and liabilities €506,365
Equity
€407,268 ▲ 1.2%
Debt
€99,096 ▲ 25.8%
Debt's share of the balance-sheet total rises from 16.4% to 19.6%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.24▲
2024 · 0.20
ROE
1.1%▲
2024 · -0.5%
Debt ≤ 1 year
€464▼
2024 · €6,977
Debt > 1 year
€98,633▲
2024 · €71,786
Income taxes
€464
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,156 | €1,026 | €678 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €507 | €557 | €569 | €520 | ▼ 8.7% |
| Non-recurring operating charges66A | - | - | - | €678 | - | - | - | - | - |
| Gross operating margin9900 | €29,623 | €25,773 | -€8,992 | -€6,087 | €1,350 | -€1,381 | -€1,404 | €5,809 | - |
| Operating profit (loss)9901 | €28,371 | €24,239 | -€9,937 | -€6,765 | €843 | -€1,938 | -€1,973 | €5,289 | - |
| Financial income75/76B | - | - | - | - | €1,523 | €79,101 | - | - | - |
| Recurring financial income75 | €2 | €0 | €0 | - | €1,523 | €79,101 | - | - | - |
| Financial charges65/66B | - | - | - | €188 | €246 | €190 | €153 | €187 | ▲ 21.6% |
| Recurring financial charges65 | €1,392 | €336 | €165 | €188 | €246 | €190 | €153 | €187 | ▲ 21.6% |
| Profit (loss) for the period before taxes9903 | €26,981 | €23,904 | -€10,102 | -€6,954 | €2,120 | €76,973 | -€2,126 | €5,102 | - |
| Income taxes67/77 | €9,590 | €7,630 | -€82 | - | €2,347 | €6,977 | - | €464 | - |
| Profit (loss) for the period9904 | €17,391 | €16,273 | -€10,019 | -€6,954 | -€227 | €69,996 | -€2,126 | €4,639 | - |
| Profit (loss) for the period to be appropriated9905 | €17,391 | €16,273 | -€10,019 | -€6,954 | -€227 | €69,996 | -€2,126 | €4,639 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €487,143 | €481,052 | €488,261 | €473,885 | €474,183 | €473,624 | €481,393 | €506,365 | ▲ 5.2% |
| Fixed assets21/28 | €475,722 | €474,696 | €474,018 | €473,340 | €473,340 | €473,340 | €473,340 | €473,340 | = |
| Tangible fixed assets22/27 | €2,382 | €1,356 | €678 | - | - | - | - | - | - |
| Financial fixed assets28 | €473,340 | €473,340 | €473,340 | €473,340 | €473,340 | €473,340 | €473,340 | €473,340 | = |
| Current assets29/58 | €11,421 | €6,356 | €14,243 | €545 | €843 | €284 | €8,053 | €33,025 | ▲ 310% |
| Amounts receivable within one year40/41 | €5,474 | €5,639 | €13,511 | €434 | €838 | - | €7,698 | €32,510 | ▲ 322% |
| Other amounts receivable41 | - | - | - | €434 | €838 | - | €7,698 | €32,510 | ▲ 322% |
| Cash at bank and in hand54/58 | €5,828 | €717 | €732 | €111 | €4 | €284 | €355 | €515 | ▲ 45.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €487,143 | €481,052 | €488,261 | €473,885 | €474,183 | €473,624 | €481,393 | €506,365 | ▲ 5.2% |
| Equity10/15 | €335,687 | €351,960 | €341,941 | €334,987 | €334,760 | €404,756 | €402,630 | €407,268 | ▲ 1.2% |
| Contributions10/11 | €192,200 | €192,200 | - | €192,200 | €192,200 | €192,200 | €192,200 | €192,200 | = |
| Contributions outside capital11 | - | - | - | €192,200 | - | - | - | - | - |
| Other1109/19 | - | - | - | €192,200 | - | - | - | - | - |
| Reserves13 | €143,487 | €159,760 | €149,741 | €142,787 | €142,787 | €212,556 | €210,430 | €215,068 | ▲ 2.2% |
| Distributable reserves133 | - | - | - | €142,787 | €142,787 | €212,556 | €210,430 | €215,068 | ▲ 2.2% |
| Profit (loss) carried forward14 | - | - | - | - | -€227 | - | - | - | - |
| Amounts payable17/49 | €151,456 | €129,092 | €146,320 | €138,898 | €139,423 | €68,868 | €78,763 | €99,096 | ▲ 25.8% |
| Amounts payable after more than one year17 | €69,688 | €83,378 | €80,375 | €79,173 | €139,184 | €58,533 | €71,786 | €98,633 | ▲ 37.4% |
| Financial debts170/4 | - | - | - | €79,173 | €139,184 | €58,533 | €71,786 | €98,633 | ▲ 37.4% |
| Amounts payable within one year42/48 | €81,769 | €45,715 | €65,945 | €59,725 | €239 | €10,336 | €6,977 | €464 | ▼ 93.4% |
| Trade debts44 | €62,734 | €27,884 | €36,714 | €32,963 | €239 | €131 | - | - | - |
| Suppliers440/4 | - | - | - | €32,963 | €239 | €131 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €25,668 | - | €6,977 | €6,977 | €464 | ▼ 93.4% |
| Taxes450/3 | - | - | - | - | - | €6,977 | €6,977 | €464 | ▼ 93.4% |
| Remuneration and social security454/9 | - | - | - | €25,668 | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €1,094 | - | €3,228 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17,391 | €16,273 | -€10,019 | -€6,954 | -€227 | €69,996 | -€2,126 | €4,639 | - |
| + Depreciation and write-downs630 | €1,156 | €1,026 | €678 | - | - | - | - | - | - |
| Operating cash flow (approximation) | €18,547 | €17,299 | -€9,341 | -€6,954 | -€227 | €69,996 | -€2,126 | €4,639 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €678 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€5,110 | €14 | -€620 | -€107 | €280 | €70 | €160 | ▲ 128% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 19-06-2026 | 2026-00176003 |
| 31-12-2024 | micro format | 23-06-2025 | 2025-00162667 |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00147684 |
| 31-12-2022 | micro format | 05-07-2023 | 2023-00203494 |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20079658 |
| 31-12-2020 | abbreviated format | 31-07-2021 | 2021-45300446 |
| 31-12-2019 | abbreviated format | 30-09-2020 | 2020-57600370 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-57700467 |
| 31-12-2017 | abbreviated format | 16-04-2019 | 2019-10100150 |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-53400182 |
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Of the 6,863 active companies whose main activity is other building cleaning and industrial cleaning (NACE 81220), figures are known for 2,393. 1,483 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.