Active BE 0427.258.769Private limited company

RYDESTATE

Leemstraat 106 ·9080 Lochristi, Belgium· 41 yrs active

Sector: Overige zakelijke dienstverlening, neg (82990)

Conclusion Checked

The computed 12-month bankruptcy probability of RYDESTATE is 0.3% (very low). The 2023 annual accounts show equity of €2.32M and a net result of €-39k. Equity is growing by ~20.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 2576 sector peers (fiscal year 2023). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€2.32M
Net result	€-39k
Better than sector	39%
Active	41 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

61 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 71

Profitability 0

Solvency 84

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.3% Very low

0%0,5%1,5%4%10%≥25%

Long track record −Lower-failure-rate sector −Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1985, 41 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

71 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 13-12-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~20.2%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2023 · NACE 82 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	38.5%	51.1%	better than 39% of 2576 sector peers
Net result	€-39k	€16k	better than 5% of 2572 sector peers
Equity	€2.32M	€34k	better than 95% of 2577 sector peers
Gross operating margin	€38k	€34k	better than 53% of 2570 sector peers
Total assets	€6.03M	€85k	better than 95% of 2578 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€29k

-76.6% 19-23

Net profit

€-39k

+59.0% 19-23

Cash flow

€41k

-62.4% 19-23

Total assets

€6.03M

+9.8% 19-23

Equity

€2.32M

-1.6% 19-23

Working capital

€3.66M

+13.1% 19-23

Income taxes

€2k

+1772.5% 19-23

Dividends

€2k

- 19-23

Debt

€3.13M

+23.2% 19-23

Debt ≤ 1y

€157k

-35.8% 19-23

Debt > 1y

€2.97M

+29.6% 19-23

Current ratio

24.26

+70.7% 19-23

Quick ratio

18.77

+52.8% 19-23

Solvency

38.5%

-10.4% 19-23

Debt / equity

1.35

+25.2% 19-23

ROE

-1.7%

+58.3% 19-23

ROA

-0.6%

+62.6% 19-23

Interest coverage

70.48

+2522.5% 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€29k
Net profit	€-39k
Cash flow	€41k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€6.03M
Equity	€2.32M
Debt	€3.13M
of which ≤ 1y	€157k
of which > 1y	€2.97M
Working capital	€3.66M
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	24.26
Quick ratio	18.77
Working capital ratio	60.7%
Solvency	38.5%
Debt / equity	1.35
Long-term debt ratio	1.28
Interest coverage	70.48
Gross margin	-
Net margin	-
ROA	-0.6%
ROE	-1.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €2.21M · 36.7% Current assets €3.82M · 63.3%

Equity & liabilities

Equity €2.32M · 38.5% Provisions €578k · 9.6% Debt €3.13M · 51.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€6.03M
Fixed assets	21/28	€2.21M
Tangible fixed assets	22/27	€2.21M
Current assets	29/58	€3.82M
Stocks & contracts in progress	3	€865k
Amounts receivable within one year	40/41	€290k
Cash & bank	54/58	€202k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€6.03M
Equity	10/15	€2.32M
Contributions / capital	10/11	€62k
Reserves	13	€2.25M
Accumulated profits (losses)	14	€12k
Provisions & deferred taxes	16	€578k
Amounts payable	17/49	€3.13M
Amounts payable after one year	17	€2.97M
Amounts payable within one year	42/48	€157k
Trade debts payable within one year	44	€98k
Income statement
Gross operating margin	9900	€38k
Operating result	9901	€-51k
Financial charges	65	€415
Result before taxes	9903	€-51k
Income taxes	67/77	€2k
Net result for the period	9904	€-39k
Result to be appropriated	9905	€5k

You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Overige zakelijke dienstverlening, neg(82990)
Legal form	Private limited company(610)
Incorporation	24-05-1985
Status	Active
Postal code	9080

Establishment units 1 location

TRANSPORT COCQUYT

Brusselsesteenweg 689, 9050 GentVerhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

since 19852.120.832.348

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44076F0320/00H000	Flanders	2,213 m²	1 · 262 m²	0.1 m
44362B0195/00X000	Flanders	743 m²	1 · 178 m²	9.7 m · 3 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

13-12-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

13-12-2024

NBB filing Annual accounts filed

fiscal year 2022 · micro

19-01-2024

State Gazette act Capital & shares

Alex De Wulf

2022

28-02-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

2021

29-01-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

07-01-2020

NBB filing Annual accounts filed

fiscal year 2019 · micro

2019

04-01-2019

NBB filing Annual accounts filed

fiscal year 2018 · micro

2018

12-01-2018

NBB filing Annual accounts filed

fiscal year 2017 · micro

2017

03-01-2017

NBB filing Annual accounts filed

fiscal year 2016 · verkort

2015

28-12-2015

NBB filing Annual accounts filed

fiscal year 2015 · verkort

Belgisch Staatsblad, acts 1 acts

Capital history · 1

19-01-2024

Capital change

All acts · 1 updated 2 years ago

2024

19-01-2024 Capital increase of €76,005 Capital & shares·Alex De Wulf

Notary: Alex De Wulf · Gent

Original publication ↗

Technical details

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    "firm_city": null,
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  "act_meta": {
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  "decision": {
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  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0427.258.769",
    "name_full": "TRANSPORT COCQUYT",
    "legal_form": "Besloten Vennootschap",
    "is_foreign_registered": false
  },
  "publication_proxy": {
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  },
  "co_filed_documents": [
    "Een uitgifte van de akte statutenwijziging dd. 20 december 2023",
    "Geco\u00F6rdineerde Statuten"
  ],
  "shareholders_after": [],
  "share_classes_after": []
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen68201Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201

Primary activity highlighted.

Names & trade names

Legal nameNL

RYDESTATE

Registered office

Leemstraat 106

9080 Lochristi, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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