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RIX

Active
Private limited companyfounded 2001active for 25 yearsSmidstraat 305, 2590 Berlaar, BelgiumKBO/BCE: BE 0474.470.847
Summary

The annual accounts of RIX for financial year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €5,387 and a net result of -€9,124. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 5,826 sector peers (NACE 49, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.2% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (24 days) Filed on 24 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00571112.

Equity
€5,387▼ 62.9%
2024 · €14,511
Total assets
€103,731▲ 226%
2024 · €31,852
Net result
-€9,124
2024 · €18,153
Working capital
€14,285▲ 178%
2024 · €5,138
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €9,038 after €18,226 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€9,038 2025 Net result-€9,124 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: 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
Line2019202020212022202320242025
Operating result-€6,362--€6,067▲ 4.6%€16,840€448▼ 97.3%-€13,359€18,226-€9,038
Net result-€6,376--€6,127below the sector's middle half▲ 3.9%€16,830within the sector's middle half€400within the sector's middle half▼ 97.6%-€13,406below the sector's middle half€18,153within the sector's middle half-€9,124below the sector's middle half
Equity-€1,338--€7,466below the sector's middle half▼ 458%€9,364below the sector's middle half€9,764below the sector's middle half▲ 4.3%-€3,642below the sector's middle half€14,511within the sector's middle half€5,387below the sector's middle half▼ 62.9%
Total assets€59,394-€50,560within the sector's middle half▼ 14.9%€67,420within the sector's middle half▲ 33.3%€57,652within the sector's middle half▼ 14.5%€43,862within the sector's middle half▼ 23.9%€31,852below the sector's middle half▼ 27.4%€103,731within the sector's middle half▲ 226%
Debt€60,732-€58,026▼ 4.5%€58,056▲ 0.1%€47,888▼ 17.5%€47,504▼ 0.8%€17,342▼ 63.5%€98,344▲ 467%
Working capital€2,815-€1,773within the sector's middle half▼ 37.0%€8,616within the sector's middle half▲ 386%€9,106within the sector's middle half▲ 5.7%€5,036within the sector's middle half▼ 44.7%€5,138within the sector's middle half▲ 2.0%€14,285within the sector's middle half▲ 178%
Solvency-2.3%--14.8%below the sector's middle half▼ 12.5pp13.9%below the sector's middle half▲ 28.7pp16.9%within the sector's middle half▲ 3.0pp-8.3%below the sector's middle half▼ 25.2pp45.6%within the sector's middle half▲ 53.9pp5.2%below the sector's middle half▼ 40.4pp
Current ratio15.04-9.57above the sector's middle half▼ 5.4717.76above the sector's middle half▲ 8.2035.21above the sector's middle half▲ 17.4411.46above the sector's middle half▼ 23.7517.08above the sector's middle half▲ 5.631.79within the sector's middle half▼ 15.29
Return on assets (ROA)-10.7%--12.1%below the sector's middle half▼ 1.4pp25.0%above the sector's middle half▲ 37.1pp0.7%within the sector's middle half▼ 24.3pp-30.6%below the sector's middle half▼ 31.3pp57.0%above the sector's middle half▲ 87.6pp-8.8%below the sector's middle half▼ 65.8pp
above within below the middle half of NACE 49, Land transport and transport via pipelines: 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 micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103,731
Fixed assets €71,323 ▲ 170%
Current assets €32,408 ▲ 494%
Equity and liabilities €103,731
Equity €5,387 ▼ 62.9%
Debt €98,344 ▲ 467%
Debt's share of the balance-sheet total rises from 54.4% to 94.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,502▼
2024 · €30,175
Cash flow
-€7,587▼
2024 · €30,101
Debt to equity
18.26▲
2024 · 1.20
ROE
-169.4%▼
2024 · 125.1%
Interest coverage
-84.81▼
2024 · over 100
Debt ≤ 1 year
€18,123▲
2024 · €319
Debt > 1 year
€80,221▲
2024 · €17,022
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 92.8% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss
2.3% went bankrupt
4.5% stopped otherwise
92.8% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 974 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€31,852€103,731▲
Fixed assets21/28€26,395€71,323▲
Tangible fixed assets22/27€26,376€71,303▲
Plant, machinery and equipment23€844-
Furniture and vehicles24€25,532€71,303▲
Financial fixed assets28€20€20=
Current assets29/58€5,457€32,408▲
Amounts receivable within one year40/41€1,971€11,138▲
Trade receivables40€1,432€292▼
Other amounts receivable41€539€10,846▲
Cash at bank and in hand54/58€3,486€21,270▲
Equity and liabilities
Total equity and liabilities10/49€31,852€103,731▲
Equity10/15€14,511€5,387▼
Contributions10/11€18,600€18,600=
Reserves13€16,791€16,791=
Non-distributable reserves130/1€1,860-
Reserves not available under the articles1311€1,860-
Tax-exempt reserves132€9,000€9,000=
Distributable reserves133€5,931€7,791▲
Profit (loss) carried forward14-€20,880-€30,004▼
Amounts payable17/49€17,342€98,344▲
Amounts payable after more than one year17€17,022€80,221▲
Financial debts170/4€17,022€80,221▲
Amounts payable within one year42/48€319€18,123▲
Trade debts44€319€18,123▲
Suppliers440/4€319€18,123▲
Income statement Code20242025
Non-recurring operating income76A-€6,503
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,949€1,536▼
Other operating charges640/8€978€853▼
Non-recurring operating charges66A-€8,897
Gross operating margin9900€31,153€2,248▼
Operating profit (loss)9901€18,226-€9,038▼
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€74€88▲
Recurring financial charges65€74€88▲
Profit (loss) for the period before taxes9903€18,153-€9,124▼
Profit (loss) for the period9904€18,153-€9,124▼
Profit (loss) for the period to be appropriated9905€18,153-€9,124▼
Appropriation of the result
Profit (loss) to be appropriated9906-€20,880-€30,004▼
Profit (loss) brought forward from the previous period14P-€39,033-€20,880▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Non-recurring operating income76A------€6,503-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,562€8,373€10,122€10,010€9,936€11,949€1,536▼ 87.1%
Other operating charges640/8---€847€1,478€978€853▼ 12.8%
Non-recurring operating charges66A------€8,897-
Gross operating margin9900€5,895€3,005€27,867€11,305-€1,945€31,153€2,248▼ 92.8%
Operating profit (loss)9901-€6,362-€6,067€16,840€448-€13,359€18,226-€9,038-
Financial income75/76B---€1€2-€3-
Recurring financial income75--€6€1€2-€3-
Financial charges65/66B---€50€49€74€88▲ 19.8%
Recurring financial charges65€14€60€16€50€49€74€88▲ 19.8%
Profit (loss) for the period before taxes9903-€6,376-€6,127€16,830€400-€13,406€18,153-€9,124-
Profit (loss) for the period9904-€6,376-€6,127€16,830€400-€13,406€18,153-€9,124-
Profit (loss) for the period to be appropriated9905-€6,376-€6,127€16,830€400-€13,406€18,153-€9,124-
Line2019202020212022202320242025Change
Assets
Total assets20/58€59,394€50,560€67,420€57,652€43,862€31,852€103,731▲ 226%
Fixed assets21/28€56,379€48,580€58,290€48,280€38,344€26,395€71,323▲ 170%
Tangible fixed assets22/27€56,359€48,561€58,270€48,260€38,324€26,376€71,303▲ 170%
Plant, machinery and equipment23---€1,616€1,230€844--
Furniture and vehicles24---€46,644€37,094€25,532€71,303▲ 179%
Financial fixed assets28€20€20€20€20€20€20€20=
Current assets29/58€3,015€1,979€9,130€9,372€5,518€5,457€32,408▲ 494%
Amounts receivable within one year40/41€569€1,129€5,262€3,248€420€1,971€11,138▲ 465%
Trade receivables40----€393€1,432€292▼ 79.6%
Other amounts receivable41---€3,248€27€539€10,846▲ 20×
Cash at bank and in hand54/58€2,446€850€3,868€6,124€5,098€3,486€21,270▲ 510%
Equity and liabilities
Total equity and liabilities10/49€59,394€50,560€67,420€57,652€43,862€31,852€103,731▲ 226%
Equity10/15-€1,338-€7,466€9,364€9,764-€3,642€14,511€5,387▼ 62.9%
Contributions10/11€18,600€18,600-€18,600€18,600€18,600€18,600=
Reserves13€16,791€16,791€16,791€16,791€16,791€16,791€16,791=
Non-distributable reserves130/1---€1,860€1,860€1,860--
Reserves not available under the articles1311---€1,860€1,860€1,860--
Tax-exempt reserves132---€9,000€9,000€9,000€9,000=
Distributable reserves133---€5,931€5,931€5,931€7,791▲ 31.4%
Profit (loss) carried forward14-€36,729-€42,856-€26,027-€25,627-€39,033-€20,880-€30,004▼ 43.7%
Amounts payable17/49€60,732€58,026€58,056€47,888€47,504€17,342€98,344▲ 467%
Amounts payable after more than one year17€60,532€57,819€57,542€47,622€47,022€17,022€80,221▲ 371%
Financial debts170/4---€47,622€47,022€17,022€80,221▲ 371%
Amounts payable within one year42/48€201€207€514€266€482€319€18,123▲ 57×
Trade debts44€201€207€514€266€482€319€18,123▲ 57×
Suppliers440/4---€266€482€319€18,123▲ 57×
Line2019202020212022202320242025Change
Profit (loss) for the period9904-€6,376-€6,127€16,830€400-€13,406€18,153-€9,124-
+ Depreciation and write-downs630€11,562€8,373€10,122€10,010€9,936€11,949€1,536▼ 87.1%
Operating cash flow (approximation)€5,186€2,246€26,951€10,410-€3,470€30,101-€7,587-
Investment in fixed assets (approximation)--€575-€19,831€0€0€0-€46,464-
Change in cash--€1,596€3,018€2,256-€1,026-€1,612€17,784-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 24 filings with the National Bank
Financial year Type Filed Reference
31-03-2025 micro format 24-11-2025 2025-00571112
31-03-2024 micro format 27-11-2024 2024-00606898
31-03-2023 micro format 30-11-2023 2023-00521708
31-03-2022 micro format 29-11-2022 2022-20528693
31-03-2021 micro format 29-11-2021 2021-79200096
31-03-2020 micro format 18-12-2020 2020-76500197
31-03-2019 micro format 30-09-2019 2019-66500180
31-03-2018 micro format 10-10-2018 2018-68900599
31-03-2017 micro format 13-09-2017 2017-60600104
31-03-2016 abbreviated format 31-10-2016 2016-66600365

Show all 24 filings

Similar companies · same sector, comparable size

Of the 12,348 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,230. 2,905 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.