Rydes Style
ActiveRydes Style has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €-12k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 95% of 82 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-51
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
short-term debt: 0.1% and cash: 20.4% of total assets, and 0.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 24
Relative position
BE, all sectors
reference
Sector 24
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
99.7%
Return on assets
-4.4%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-12k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
34 d early
2023
40 d early
2022
13 d early
2021
11 d early
2020
20 d late
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▼ 4.2%
2024 · €294k
2019: €527k
2020: €544k
2021: €542k
2022: €550k
2023: €577k
2024: €294k
2019 → 2025
Total assets
€283k▼ 5.3%
2024 · €298k
2019: €547k
2020: €564k
2021: €557k
2022: €566k
2023: €586k
2024: €298k
2019 → 2025
Net result
€-12k▼ 1.3%
2024 · €-12k
2019: €14k
2020: €17k
2021: €-2k
2022: €9k
2023: €26k
2024: €-12k
2019 → 2025
Working capital
€251k▲ 1.2%
2024 · €248k
2019: €372k
2020: €413k
2021: €434k
2022: €470k
2023: €515k
2024: €248k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€542k-€550k▲ 1.6%€577k▲ 4.8%€294k▼ 49.0%€282k▼ 4.2%
Operating result€10k-€13k▲ 27.4%€39k▲ 204%€-15k€-16k▼ 9.4%
Net result€-2k-€9k€26k▲ 205%€-12k€-12k▼ 1.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €15k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€31k▼ 32.1%
Current assets
€252k▼ 0.4%
Equity and liabilities €283k
Equity
€282k▼ 4.2%
Debt
€803▼ 80.8%
The debt ratio falls from 1.4% to 0.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-638▼
2024 · €1k
Cash flow
€3k▼
2024 · €4k
Solvency
99.7%▲
2024 · 98.6%
Debt / equity
0.00▼
2024 · 0.01
ROE
-4.4%▼
2024 · -4.1%
ROA
-4.4%▼
2024 · -4.1%
Interest coverage
-8.13▼
2024 · 49.52
Debt
€803▼
2024 · €4k
Debt ≤ 1 year
€199▼
2024 · €4k
Income taxes
€215▲
2024 · €210
A ratio outside any meaningful range has been withheld (balance sheet total €283k, equity €282k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€298k€283k▼
Fixed assets21/28€46k€31k▼
Tangible fixed assets22/27€46k€31k▼
Land and buildings22€44k€29k▼
Plant, machinery and equipment23€384€0▼
Furniture and vehicles24€2k€2k▲
Current assets29/58€252k€252k▼
Stocks and contracts in progress3€30k€24k▼
Stocks30/36€30k€24k▼
Amounts receivable within one year40/41€5k€2k▼
Trade receivables40€2k€433▼
Other amounts receivable41€3k€1k▼
Current investments50/53€150k€165k▲
Cash at bank and in hand54/58€65k€58k▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€298k€283k▼
Equity10/15€294k€282k▼
Contributions10/11€24k€24k=
Reserves13€277k€277k=
Distributable reserves133€277k€277k=
Profit (loss) carried forward14€-6k€-19k▼
Amounts payable17/49€4k€803▼
Amounts payable within one year42/48€4k€199▼
Trade debts44€4k€102▼
Suppliers440/4€4k€102▼
Taxes, remuneration and social security45€62€98▲
Taxes450/3€62€98▲
Accrued charges and deferred income492/3€122€604▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€-15k€-16k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€28€79▲
Recurring financial charges65€28€79▲
Profit (loss) for the period before taxes9903€-12k€-12k▼
Income taxes67/77€210€215▲
Profit (loss) for the period9904€-12k€-12k▼
Profit (loss) for the period to be appropriated9905€-12k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-19k▼
Profit (loss) brought forward from the previous period14P€6k€-6k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
31-03
Financial
Liquidity times 20current ratio 1261.17
Current ratio from 62.26 to 1261.17; short-term debt falls from €4k to €199.
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
21-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €26k ▲205%
Operating result €39k, net result €26k, both a record.
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 1951
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gistelse Steenweg 4558200 BruggeGround area
819 m²
Building footprint
748 m²
Volume, LiDAR
4,667 m³
Parcel 31027D0217/00R000, Flanders · tallest building 17.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gistelse Steenweg 455, 8200 Brugge
since 19512.003.425.528
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0217/00R000 | Flanders | 819 m² | 1 · 748 m² | 17.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FERRODUR
BE 0427.508.593
Halle · Eq €282k
ENCOM
BE 0447.650.050
Lebbeke · Eq €285k
R.E.M.A. HERSTAL
BE 0812.702.424
Herstal · Eq €250k
ENGELS PAUL
BE 0416.209.776
Beveren-Kruibeke-Zwijndrecht · Eq €244k
CLAUS - RAMENCENTER
BE 0446.167.930
Londerzeel · Eq €334k
Of 191 companies in sector 24100 we hold annual accounts for 134. 80 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1968
Fiscal year end31-03
Activities, NACEBEL
24100Manufacture of basic metals
25110Manufacture of metal structures and parts of structures
28110
43222Installation of electric heating, air conditioning, cooling and ventilation
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.