Summary
RYDOO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €7.1m and a net result of -€1.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 2413 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2413 sector peers (2025).
NBB · sector comparisonPosition among 2413 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
31 d early
2023
42 d early
2022
32 d early
2021
125 d late
2020
358 d late
2019
68 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#4 employer in Mechelen, Finance and insurance sector
Equity
€7.1m▼ 16.8%
2024 · €8.6m
Net result
-€1.4m▼ 255%
2024 · -€406,978
Total assets
€25.7m▲ 6.4%
2024 · €24.1m
Solvency
27.8%▼ 7.8pp
2024 · 35.5%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€8.9m▼ 3.7%€13.5m▲ 51.4%€14.3m▲ 5.9%€17.5m▲ 22.5%€20.4m▲ 16.7%
Operating result-€4.1m▼ 0.3%-€4.8m▼ 17.8%-€2.5m▲ 48.8%-€475,818▲ 80.7%-€1.1m▼ 128%
Net result-€4.2mbelow the sector's middle half▼ 6.9%-€4.9mbelow the sector's middle half▼ 16.6%-€1.9mbelow the sector's middle half▲ 60.6%-€406,978below the sector's middle half▲ 78.8%-€1.4mbelow the sector's middle half▼ 255%
Equity€4.6mwithin the sector's middle half€10.9mwithin the sector's middle half▲ 137%€9.0mwithin the sector's middle half▼ 17.6%€8.6mwithin the sector's middle half▼ 4.5%€7.1mwithin the sector's middle half▼ 16.8%
Total assets€11.6mwithin the sector's middle half▲ 44.2%€19.5mwithin the sector's middle half▲ 68.4%€21.8mwithin the sector's middle half▲ 12.2%€24.1mwithin the sector's middle half▲ 10.7%€25.7mwithin the sector's middle half▲ 6.4%
Debt€6.9m▼ 63.3%€8.5m▲ 23.0%€12.8m▲ 50.1%€15.6m▲ 21.3%€18.6m▲ 19.3%
Working capital€2.0m€2.6m▲ 30.4%€2.6m▲ 2.3%€4.0m▲ 51.8%€4.0m▼ 0.5%
Solvency39.9%within the sector's middle half▲ 176.4pp56.1%within the sector's middle half▲ 16.2pp41.2%within the sector's middle half▼ 14.9pp35.5%within the sector's middle half▼ 5.7pp27.8%below the sector's middle half▼ 7.8pp
Staff (FTE)65.4above the sector's middle half▼ 13.6%59.3above the sector's middle half▼ 9.3%57above the sector's middle half▼ 3.9%48.8above the sector's middle half▼ 14.4%42.1above the sector's middle half▼ 13.7%
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result +61% on 2022. The previous fiscal year ran 16 months, this one 12.
- 2022 Turnover +51% on 2021. This fiscal year ran 16 months, the previous one 12.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.1m in 2025 against €475,818 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.7m
Fixed assets
€12.5m ▼ 4.8%
Current assets
€13.2m ▲ 19.7%
Equity and liabilities €25.7m
Equity
€7.1m ▼ 16.8%
Debt
€18.6m ▲ 19.3%
Debt's share of the balance-sheet total rises from 64.5% to 72.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-20.3%▼
2024 · -4.7%
ROA
-5.6%▼
2024 · -1.7%
Debt ≤ 1 year
€9.2m▲
2024 · €7.0m
Income taxes
€174,536▲
2024 · -€85,532
Staff costs
€5.1m▼
2024 · €5.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €11.6m | €18.0m | €18.9m | €20.7m | €23.2m | ▲ 12.3% |
| Turnover70 | €8.9m | €13.5m | €14.3m | €17.5m | €20.4m | ▲ 16.7% |
| Own construction capitalised72 | €2.6m | €3.1m | €2.5m | €2.2m | €2.3m | ▲ 4.3% |
| Other operating income74 | €101,373 | €1.4m | €2.1m | €987,103 | €358,178 | ▼ 63.7% |
| Non-recurring operating income76A | - | €28,162 | €2,900 | - | €161,410 | - |
| Operating charges60/66A | €15.7m | €22.8m | €21.3m | €21.1m | €24.3m | ▲ 14.9% |
| Goods for resale, raw materials and consumables60 | €3.1m | €4.0m | €1.2m | €1.3m | €1.7m | ▲ 35.4% |
| Purchases600/8 | €3.1m | €4.0m | €1.2m | €1.3m | €1.7m | ▲ 35.4% |
| Services and other goods61 | €5.6m | €10.1m | €11.8m | €11.5m | €14.3m | ▲ 24.5% |
| Remuneration, social security and pensions62 | €5.4m | €6.4m | €5.8m | €5.5m | €5.1m | ▼ 6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.4m | €2.2m | €2.4m | €2.7m | €3.0m | ▲ 11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€8,441 | - | €30,910 | €96,904 | €11,048 | ▼ 88.6% |
| Other operating charges640/8 | €169,704 | €90,728 | €101,382 | €42,232 | €44,821 | ▲ 6.1% |
| Non-recurring operating charges66A | - | €15,332 | - | €6,312 | €1,126 | ▼ 82.2% |
| Operating profit (loss)9901 | -€4.1m | -€4.8m | -€2.5m | -€475,818 | -€1.1m | ▼ 128% |
| Financial income75/76B | €12,163 | €69,749 | €47,029 | €87,240 | €17 | ▼ 100.0% |
| Recurring financial income75 | €12,163 | €69,749 | €47,029 | €87,240 | €17 | ▼ 100.0% |
| Income from financial fixed assets750 | - | €31,185 | - | - | - | - |
| Other financial income752/9 | €12,163 | €38,564 | €47,029 | €87,240 | €17 | ▼ 100.0% |
| Financial charges65/66B | €106,009 | €132,576 | €118,237 | €103,933 | €184,423 | ▲ 77.4% |
| Recurring financial charges65 | €106,009 | €132,576 | €118,237 | €103,933 | €184,423 | ▲ 77.4% |
| Debt charges650 | €70,287 | €32,273 | €21,456 | €28,588 | €24,892 | ▼ 12.9% |
| Other financial charges652/9 | €35,722 | €100,303 | €96,782 | €75,345 | €159,531 | ▲ 112% |
| Profit (loss) for the period before taxes9903 | -€4.2m | -€4.9m | -€2.5m | -€492,510 | -€1.3m | ▼ 158% |
| Income taxes67/77 | - | - | -€612,128 | -€85,532 | €174,536 | ▲ 304% |
| Taxes670/3 | - | - | - | - | €245,161 | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €612,128 | €85,532 | €70,625 | ▼ 17.4% |
| Profit (loss) for the period9904 | -€4.2m | -€4.9m | -€1.9m | -€406,978 | -€1.4m | ▼ 255% |
| Profit (loss) for the period to be appropriated9905 | -€4.2m | -€4.9m | -€1.9m | -€406,978 | -€1.4m | ▼ 255% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11.6m | €19.5m | €21.8m | €24.1m | €25.7m | ▲ 6.4% |
| Fixed assets21/28 | €7.0m | €14.0m | €13.6m | €13.1m | €12.5m | ▼ 4.8% |
| Intangible fixed assets21 | €6.2m | €12.3m | €12.5m | €12.0m | €11.3m | ▼ 5.9% |
| Tangible fixed assets22/27 | €142,051 | €112,259 | €70,513 | €66,714 | €142,017 | ▲ 113% |
| Plant, machinery and equipment23 | €10,888 | €1,906 | - | - | - | - |
| Furniture and vehicles24 | €131,162 | €110,352 | €70,513 | €66,714 | €142,017 | ▲ 113% |
| Financial fixed assets28 | €653,473 | €1.5m | €1.1m | €1.1m | €1.1m | ▲ 0.3% |
| Affiliated companies280/1 | €646,108 | €1.5m | €1.0m | €1.0m | €1.0m | = |
| Participating interests280 | €646,108 | €1.0m | €1.0m | €1.0m | €1.0m | = |
| Amounts receivable281 | - | €500,000 | - | - | - | - |
| Other financial fixed assets284/8 | €7,364 | €7,812 | €6,837 | €18,880 | €21,904 | ▲ 16.0% |
| Amounts receivable and cash guarantees285/8 | €7,364 | €7,812 | €6,837 | €18,880 | €21,904 | ▲ 16.0% |
| Current assets29/58 | €4.6m | €5.5m | €8.2m | €11.0m | €13.2m | ▲ 19.7% |
| Amounts receivable within one year40/41 | €2.2m | €2.7m | €6.5m | €8.2m | €8.9m | ▲ 8.6% |
| Trade receivables40 | €2.0m | €2.7m | €5.7m | €7.3m | €8.2m | ▲ 12.3% |
| Other amounts receivable41 | €281,866 | €35,398 | €769,757 | €908,891 | €714,947 | ▼ 21.3% |
| Cash at bank and in hand54/58 | €1.9m | €2.3m | €734,111 | €2.1m | €2.7m | ▲ 27.2% |
| Deferred charges and accrued income490/1 | €445,472 | €485,405 | €1.0m | €712,707 | €1.6m | ▲ 125% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11.6m | €19.5m | €21.8m | €24.1m | €25.7m | ▲ 6.4% |
| Equity10/15 | €4.6m | €10.9m | €9.0m | €8.6m | €7.1m | ▼ 16.8% |
| Contributions10/11 | €27.9m | €39.1m | €39.1m | €39.1m | €39.1m | = |
| Capital10 | €27.9m | €39.1m | €39.1m | €39.1m | €39.1m | = |
| Issued capital100 | €27.9m | €39.1m | €39.1m | €39.1m | €39.1m | = |
| Uncalled capital101 | €8,200 | - | - | - | - | - |
| Reserves13 | €803 | - | - | - | - | - |
| Non-distributable reserves130/1 | €803 | - | - | - | - | - |
| Legal reserve130 | €803 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€23.3m | -€28.2m | -€30.1m | -€30.5m | -€31.9m | ▼ 4.7% |
| Amounts payable17/49 | €6.9m | €8.5m | €12.8m | €15.6m | €18.6m | ▲ 19.3% |
| Amounts payable within one year42/48 | €2.6m | €2.9m | €5.6m | €7.0m | €9.2m | ▲ 31.2% |
| Trade debts44 | €1.4m | €2.2m | €4.8m | €2.5m | €4.5m | ▲ 79.0% |
| Suppliers440/4 | €1.2m | €2.2m | €4.8m | €2.5m | €4.5m | ▲ 79.0% |
| Bills of exchange payable441 | €169,211 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €1.2m | €713,694 | €830,048 | €728,364 | €938,260 | ▲ 28.8% |
| Taxes450/3 | €210,265 | - | €36,071 | €54,233 | €103,018 | ▲ 90.0% |
| Remuneration and social security454/9 | €1.0m | €713,694 | €793,977 | €674,131 | €835,242 | ▲ 23.9% |
| Other amounts payable47/48 | €7 | - | - | €3.8m | €3.8m | = |
| Accrued charges and deferred income492/3 | €4.4m | €5.6m | €7.2m | €8.5m | €9.3m | ▲ 9.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4.2m | -€4.9m | -€1.9m | -€406,978 | -€1.4m | ▼ 255% |
| + Depreciation and write-downs630 | €1.4m | €2.2m | €2.4m | €2.7m | €3.0m | ▲ 11.8% |
| Operating cash flow (approximation) | -€2.7m | -€2.7m | €452,072 | €2.3m | €1.6m | ▼ 31.0% |
| Investment in fixed assets (approximation) | - | -€9.2m | -€2.0m | -€2.2m | -€2.4m | ▼ 7.6% |
| Change in cash | - | €399,557 | -€1.5m | €1.4m | €575,710 | ▼ 58.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€4.9m
Net result drops to -€4.9m, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €10mEq €10.9m ▲137%
Equity rises from €4.6m to €10.9m.
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 125 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 358 days late
2021
31-08
Financial
Liquidity times 11current ratio 1.76
Current ratio from 0.16 to 1.76; short-term debt falls from €15.2m to €2.6m.
31-08
Financial
Equity above €2mEq €4.6m
Equity rises from -€10.9m to €4.6m.
2020
23-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 33 acts read
About the unread acts
We know of 33 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
33 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, Mechelen · 1 establishment unit since 2011
Ground area
2,600 m²
Building footprint
631 m²
Volume, LiDAR
10,251 m³
Parcel 12403D0078/00A006, Flanders · tallest building 19.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RYDOO
since 20112.200.343.347
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0078/00A006 | Flanders | 2,600 m² | 1 · 631 m² | 19.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 6 holdingsChain of control
- Rydoo Mobility and Expense LTD BOGB
- RYDOO
Highest known parent: Rydoo Mobility and Expense LTD BO (United Kingdom). The sources do not say who stands above it.
Owners 1
- Rydoo Mobility and Expense LTD BOGBparentSourceown accounts 2025100%
Holdings 6
- Rydoo Brasil Software servicos de gestao de despezas LTDABRsubsidiarySourceown accounts 2025Equity -BRL 633,897Result BRL 8,631100%
-
100%
-
100%
-
100%
-
100%
-
100%
According to the 2025 annual accounts of RYDOO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 19,846 EUR awarded · 19,846 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 720 EUR |
| 2024 | 2 | 3,553 EUR | 2,833 EUR |
| 2023 | 2 | 11,564 EUR | 11,564 EUR |
| 2022 | 1 | 4,729 EUR | 4,729 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
5493001TX43JAUD58M26
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Identification & contact
Identification
Legal formPublic limited company
Founded12-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
64190Financial service activities, except insurance and pension funding
66199Other activities auxiliary to financial services, excluding insurance and pension funding
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835424277
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.