Result
€20,622 €20,622
Back in profit in 2025, after a loss of €32,638 in 2024.
RYBA
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1989peak €388,477 (2006)
€60,119▼ 15.3%
lowest -€46,095 (2017)
€20,622▲ €53,260
peak €225,347 (2006)
€175,075▲ 13.4%
€139,519▼ 30.7%
peak 13.3 FTE (2008)
-not published
Board3 names since 1988
2 directorsBaeck, Robert and 1 other
Owners
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €70,986 to €60,119Back to profit: €20,622Equity from €154,453 to €175,075Debts from €201,453 to €139,519
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Investments
€36,714 1.7 × depreciation
Green is investment, beige is depreciation.
Staff
1 FTE from 13.3 in 2008
Between 2008 and 2025, 92% of the full-time equivalents disappeared.
Filings
32 annual accounts since 1989
Eight of the last ten came late. The 2020 accounts came latest: 212 days after the end of the period.
Position in the sector
€175,075
More equity than 80% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
66
Healthy
Financially stronger than 44% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%lowest value
01-2025: 0.8%● unchanged vs 12-2024lowest value
02-2025: 0.8%● unchanged vs 01-2025lowest value
03-2025: 0.8%● unchanged vs 02-2025lowest value
04-2025: 0.9%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%● unchanged vs 04-2025
06-2025: 0.8%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%▲ +0.3 percentage points vs 06-2025
08-2025: 1.7%▲ +0.6 percentage points vs 07-2025
09-2025: 2.0%▲ +0.3 percentage points vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 2.0%● unchanged vs 10-2025
12-2025: 2.0%● unchanged vs 11-2025
01-2026: 2.0%● unchanged vs 12-2025
02-2026: 2.0%● unchanged vs 01-2026
03-2026: 2.0%● unchanged vs 02-2026
04-2026: 2.0%● unchanged vs 03-2026
05-2026: 2.0%● unchanged vs 04-2026
06-2026: 1.9%▼ -0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.2 percentage points vs 06-2026
08-2026: 2.7%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 1.0%▼ -1.7 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
11-2026: 1.0%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
Liquidity: current ratio 2.44, cash €2,929
lowers risk
Founded in 1988
Calculation
The band follows from the bankruptcy probability. 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 43, micro). It does better than 61% of them on solvency, 28% on liquidity, 27% on profitability and 60% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as RYBA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RYBA itself is higher: 1.0% within 12 months. It rests on far more data about RYBA than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for RYBA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.44 (1.66 in 2024), above the usual 1.5. Short-term debt is 29.6% and cash 0.9% of total assets. 44.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
58 days early
2022
27 days late
2021
11 days late
2020
212 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0433557732
1 director appointed, 2 reappointments
Reappointments: Baeck, Robert (director) and Baeck, Ryan (director) · Appointment: Baeck, Stefani (successor director) · “Installatie en onderhoud van centrale verwarming,klimaatregeling,warmtepompinstallaties,airconditioning en…” (deed in Dutch) · General meeting of 29-01-2024 · Gazette deed
New establishment in Schoten
RYBA SHOWROOM & INFOCENTRUM, Brechtsebaan 198
First establishment
Molenbaan 92, Schoten
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RYBA Schoten | €314,594 | €60,119 | 55.7% | - |
| ALGEMENE ONDERNEMINGEN HOOGSTOEL Hove | €298,450 | €60,317 | 94.4% | - |
| VERKINDEREN CV & SANITAIR Tielt | €322,529 | €57,346 | 32.3% | - |
| LES ENTREPRISES GOSSIAUX Etterbeek | €278,928 | €58,088 | 77.5% | - |
| THOELEN MAURICE Hasselt | €318,020 | €70,459 | 86.9% | - |
| DEGUISLAGE et FILS WINDOWSTORY Namur | €316,133 | €73,159 | 48.0% | - |
| LAMBERECHTS FRANK Antwerp | €337,676 | €74,200 | 42.4% | - |
These companies have the same main activity as RYBA: plumbing work (NACE 43221). They are comparable in size and age: total assets between €279,000 and €338,000, founded between 1989 and 1994.
Official details
Source: KBO- Status
- Active since 22-02-1988Normal situation
- Activity
- Plumbing workNACE 43221and 6 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment units
- 2.036.700.7832900 Schoten, since 01-04-1988
- 2.218.174.9172900 Schoten, since 15-03-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-09-2025
Insights on RYBA
RYBA files the micro format. That format states no turnover. The gross margin fell from €388,477 in 2006 to €60,119 in 2025.
The balance sheet grew most from 2017 to 2018 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RYBA
- What is the company number of RYBA?
- The company number of RYBA is 0433.557.732. The VAT number is the same number with BE in front: BE 0433.557.732.
- Where is RYBA based?
- The registered office is at Molenbaan 92, 2900 Schoten.Company details
- What does RYBA do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of RYBA?
- RYBA is a private limited company (BV).
- When was RYBA founded?
- RYBA was founded on 22-02-1988.
- Is RYBA still active?
- Yes, RYBA is an active enterprise in the KBO register.
- How many employees does RYBA have?
- RYBA had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does RYBA fall under?
- In its 2025 annual accounts, RYBA states joint committee 124 (Construction).
- What is the turnover of RYBA?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €60,119 and 105 comparable companies (NACE 432). It probably lies between €170,000 and €350,000.
- Is RYBA profitable?
- In financial year 2025, RYBA made a profit of €20,622.
- Where can I find the annual accounts of RYBA?
- RYBA filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RYBA due?
- RYBA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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