RIX
ActiveSummary
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).
Overview
- Equity
- €5,387
- Loss
- -€9,124
- Christel AlaertsDirector
- Stefan CasteelsDirector
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearSector: Land transport and transport via pipelines (NACE 49)Loss of €9,124 (financial year 2025)lowers riskFounded in 2001Liquidity: current ratio 1.79, cash €21,270Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 18% on solvency, 77% on liquidity, 14% on profitability and 10% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 22 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Resignation: Stefan Casteels (statutory director)Appointments: Stefan Casteels (director) and…
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.
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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
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).
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| 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.
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 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Stefan Casteels |
|
| Christel Alaerts |
|
Owners and capital
Capital and shareholders
- 19-11-2024 Capital stated in the deed · 1,860 shares
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
19-11
Gazette deed
Resignation: Stefan Casteels (statutory director)Appointments: Stefan Casteels (director) and Christel Alaerts (bestuurder opvolger) · Capital conversion · Reserve release10 facts ▸
- General meeting, 18-10-2024
- Other provision, “toepasselijkheid Wetboek van vennootschappen en verenigingen, artikel 39.§1.lid 1 en artikel 39.§2.lid 1 wet 23-03-2019” (deed in Dutch)
- Other provision, “besloten vennootschap” (deed in Dutch)
- Capital conversion, EUR, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “integrale overboeking naar beschikbare eigen vermogensrekeningen”, EUR (deed in Dutch)
- Director resignation, Stefan Casteels (statutory director)
- Director appointment, Stefan Casteels (director (not named in the articles))
- Director appointment, Christel Alaerts (bestuurder opvolger)
- Amendment of the articles
- Capital
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12002C0469/00N000 | Flanders | 490 m² | 1 · 89 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vervoer van goederen langs de weg; Goederenbehandeling; Opslag, bevrachting en distributie; Tussenpersoon in de handel; Verpakken en…” (deed in Dutch)
16 activities (deed in Dutch)
- Vervoer van goederen langs de weg
- Goederenbehandeling
- Opslag, bevrachting en distributie
- Tussenpersoon in de handel
- Verpakken en etiketteren van diverse goederen
- Import en export, alsmede groot- en kleinhandel in diverse goederen
- Verhuur en transportmiddelen
- Verlenen van advies, begeleiding en management op boekhoudkundig, financieel, sociaal, juridisch, handels, fiscaal en bedrijfseconomisch gebied
- Onderneming onroerende goederen
- Verhuur van onroerende goederen
- Expediteur – commissionair
- Slopen en verbouwen van gebouwen
- Binnenhuisinrichting
- Uitbating van rustoorden, serviceflats en zorghuizen voor mensen met een mentale en/of fysieke beperking
- Deelnemen aan bestuur, directie en controle van vennootschappen en ondernemingen
- Uitbating in de breedste zin van drank- en eetgelegenheden
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- RIX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan bepaalt adres zetel” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. - Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bestuursbevoegdheden aan hem…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Bestuurder(s), indien mandaat bezoldigd” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager,helft ten laste koper(s),naar evenredigheid verworven aantal bij meer kopers, elke overdracht onder levenden,ten…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of September at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, kan op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed