RYHO TECHNOLOGY
ActiveSummary
RYHO TECHNOLOGY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €-12k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability53▼-37
Solvency100▲+11
Growth47▼-24
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.53 against 2.46 in 2024; short-term debt: 11.9% and cash: 3.4% of total assets), and 12.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
50 d late
2023
63 d late
2022
53 d late
2021
102 d late
2020
88 d late
2019
104 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€344k▼ 31.6%
2024 · €503k
2018: €322k
2019: €269k▼ -16.5% vs 2018lowest in 8 years
2020: €271k▲ +0.9% vs 2019
2021: €356k▲ +31.3% vs 2020
2022: €409k▲ +14.9% vs 2021
2023: €448k▲ +9.5% vs 2022
2024: €503k▲ +12.4% vs 2023highest in 8 years
2025: €344k▼ -31.6% vs 2024
2018 → 2025
EBIT margin
-2.5%▼ 16.5pp
2024 · 14.0%
2018: 0.3%
2019: 16.6%▲ +5616% vs 2018highest in 8 years
2020: 15.8%▼ -4.6% vs 2019
2021: 14.3%▼ -9.5% vs 2020
2022: 8.2%▼ -42.6% vs 2021
2023: 10.5%▲ +27.1% vs 2022
2024: 14.0%▲ +34.3% vs 2023
2025: -2.5%▼ -118% vs 2024lowest in 8 years
2018 → 2025
Net result
€-12k
2024 · €47k
2018: €-2k
2019: €33k▲ +2182% vs 2018
2020: €32k▼ -3.2% vs 2019
2021: €37k▲ +16.4% vs 2020
2022: €22k▼ -40.6% vs 2021
2023: €26k▲ +16.3% vs 2022
2024: €47k▲ +84.0% vs 2023highest in 8 years
2025: €-12k▼ -126% vs 2024lowest in 8 years
2018 → 2025
Working capital
€129k▼ 12.8%
2024 · €148k
2018: €133k
2019: €154k▲ +15.3% vs 2018highest in 8 years
2020: €87k▼ -43.2% vs 2019
2021: €65k▼ -25.7% vs 2020lowest in 8 years
2022: €79k▲ +21.1% vs 2021
2023: €93k▲ +18.1% vs 2022
2024: €148k▲ +59.1% vs 2023
2025: €129k▼ -12.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€356k-€409k▲ 14.9%€448k▲ 9.5%€503k▲ 12.4%€344k▼ 31.6%
2021: €356k
2022: €409k▲ +14.9% vs 2021
2023: €448k▲ +9.5% vs 2022
2024: €503k▲ +12.4% vs 2023highest in 5 years
2025: €344k▼ -31.6% vs 2024lowest in 5 years
Equity€89k-€111k▲ 24.8%€136k▲ 23.1%€183k▲ 34.5%€171k▼ 6.7%
2021: €89klowest in 5 years
2022: €111k▲ +24.8% vs 2021
2023: €136k▲ +23.1% vs 2022
2024: €183k▲ +34.5% vs 2023highest in 5 years
2025: €171k▼ -6.7% vs 2024
Operating result€51k-€34k▼ 34.0%€47k▲ 39.2%€71k▲ 51.0%€-8k
2021: €51k
2022: €34k▼ -34.0% vs 2021
2023: €47k▲ +39.2% vs 2022
2024: €71k▲ +51.0% vs 2023highest in 5 years
2025: €-8k▼ -112% vs 2024lowest in 5 years
Net result€37k-€22k▼ 40.6%€26k▲ 16.3%€47k▲ 84.0%€-12k
2021: €37k
2022: €22k▼ -40.6% vs 2021
2023: €26k▲ +16.3% vs 2022
2024: €47k▲ +84.0% vs 2023highest in 5 years
2025: €-12k▼ -126% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €71k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196k
Fixed assets
€44k ▲ 17.3%
Current assets
€152k ▼ 38.9%
Equity and liabilities €196k
Equity
€171k ▼ 6.7%
Debt
€25k ▼ 76.0%
Debt's share of the balance-sheet total falls from 35.9% to 12.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€15k▼
2024 · €89k
Cash flow
€12k▼
2024 · €65k
Current ratio
6.53▲
2024 · 2.46
Debt to equity
0.14▼
2024 · 0.56
ROE
-7.1%▼
2024 · 25.7%
ROA
-6.2%▼
2024 · 16.4%
Interest coverage
13.03▼
2024 · 46.57
Debt ≤ 1 year
€23k▼
2024 · €101k
Income taxes
€3k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€286k€196k▼
Fixed assets21/28€37k€44k▲
Tangible fixed assets22/27€19k€26k▲
Furniture and vehicles24€15k€23k▲
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€18k€18k=
Current assets29/58€249k€152k▼
Amounts receivable within one year40/41€190k€145k▼
Trade receivables40€81k€40k▼
Other amounts receivable41€109k€104k▼
Cash at bank and in hand54/58€56k€7k▼
Deferred charges and accrued income490/1€2k€750▼
Equity and liabilities
Total equity and liabilities10/49€286k€196k▼
Equity10/15€183k€171k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€75k€75k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€10k€10k=
Other1319€15k€15k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€47k€35k▼
Amounts payable17/49€103k€25k▼
Amounts payable within one year42/48€101k€23k▼
Current portion of amounts payable after more than one year42€10k-
Trade debts44€38k€12k▼
Suppliers440/4€38k€12k▼
Taxes, remuneration and social security45€53k€11k▼
Taxes450/3€53k€11k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Turnover70€503k€344k▼
Non-recurring operating income76A-€826
Goods, raw materials, services and sundry goods60/61€413k€322k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€24k▲
Other operating charges640/8€2k€8k▲
Gross operating margin9900€90k€23k▼
Operating profit (loss)9901€71k€-8k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€69k€-10k▼
Income taxes67/77€22k€3k▼
Profit (loss) for the period9904€47k€-12k▼
Profit (loss) for the period to be appropriated9905€47k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€87k€35k▼
Profit (loss) brought forward from the previous period14P€40k€47k▲
Transfer to equity691/2€40k-
To other reserves6921€40k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €356k | €409k | €448k | €503k | €344k | ▼ 31.6% |
| Non-recurring operating income76A | - | - | - | - | €826 | - |
| Goods, raw materials, services and sundry goods60/61 | €298k | €358k | €377k | €413k | €322k | ▼ 22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €13k | €23k | €18k | €24k | ▲ 33.9% |
| Other operating charges640/8 | €610 | €4k | €2k | €2k | €8k | ▲ 339% |
| Gross operating margin9900 | €58k | €51k | €71k | €90k | €23k | ▼ 74.3% |
| Operating profit (loss)9901 | €51k | €34k | €47k | €71k | €-8k | ▼ 112% |
| Financial income75/76B | - | €1 | €1k | - | - | - |
| Recurring financial income75 | - | €1 | €1k | - | - | - |
| Non-recurring financial income76B | - | - | €1k | - | - | - |
| Financial charges65/66B | €628 | €2k | €3k | €2k | €1k | ▼ 37.9% |
| Recurring financial charges65 | €628 | €2k | €3k | €2k | €1k | ▼ 37.9% |
| Profit (loss) for the period before taxes9903 | €50k | €31k | €45k | €69k | €-10k | ▼ 114% |
| Income taxes67/77 | €13k | €9k | €19k | €22k | €3k | ▼ 88.2% |
| Profit (loss) for the period9904 | €37k | €22k | €26k | €47k | €-12k | ▼ 126% |
| Profit (loss) for the period to be appropriated9905 | €37k | €22k | €26k | €47k | €-12k | ▼ 126% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €234k | €216k | €221k | €286k | €196k | ▼ 31.6% |
| Fixed assets21/28 | €24k | €57k | €55k | €37k | €44k | ▲ 17.3% |
| Tangible fixed assets22/27 | €24k | €57k | €37k | €19k | €26k | ▲ 33.3% |
| Furniture and vehicles24 | €18k | €50k | €31k | €15k | €23k | ▲ 54.3% |
| Other tangible fixed assets26 | €5k | €7k | €6k | €4k | €3k | ▼ 39.7% |
| Financial fixed assets28 | - | - | €18k | €18k | €18k | = |
| Current assets29/58 | €210k | €159k | €166k | €249k | €152k | ▼ 38.9% |
| Amounts receivable within one year40/41 | €194k | €122k | €144k | €190k | €145k | ▼ 24.0% |
| Trade receivables40 | €87k | €33k | €40k | €81k | €40k | ▼ 50.4% |
| Other amounts receivable41 | €107k | €89k | €104k | €109k | €104k | ▼ 4.3% |
| Cash at bank and in hand54/58 | €14k | €36k | €21k | €56k | €7k | ▼ 88.3% |
| Deferred charges and accrued income490/1 | €750 | €750 | €750 | €2k | €750 | ▼ 66.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €234k | €216k | €221k | €286k | €196k | ▼ 31.6% |
| Equity10/15 | €89k | €111k | €136k | €183k | €171k | ▼ 6.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €25k | €25k | €35k | €75k | €75k | = |
| Non-distributable reserves130/1 | €25k | €25k | €25k | €25k | €25k | = |
| Legal reserve130 | €10k | €10k | €10k | €10k | €10k | = |
| Other1319 | €15k | €15k | €15k | €15k | €15k | = |
| Distributable reserves133 | - | - | €10k | €50k | €50k | = |
| Profit (loss) carried forward14 | €2k | €24k | €40k | €47k | €35k | ▼ 26.1% |
| Amounts payable17/49 | €145k | €105k | €85k | €103k | €25k | ▼ 76.0% |
| Amounts payable after more than one year17 | - | €21k | €10k | - | - | - |
| Financial debts170/4 | - | €21k | €10k | - | - | - |
| Amounts payable within one year42/48 | €145k | €80k | €73k | €101k | €23k | ▼ 77.0% |
| Current portion of amounts payable after more than one year42 | - | €10k | €11k | €10k | - | - |
| Financial debts43 | €16k | €16k | - | - | - | - |
| Credit institutions430/8 | €16k | €16k | - | - | - | - |
| Trade debts44 | €31k | €24k | €23k | €38k | €12k | ▼ 67.9% |
| Suppliers440/4 | €31k | €24k | €23k | €38k | €12k | ▼ 67.9% |
| Advances received on contracts in progress46 | - | €240 | - | - | - | - |
| Taxes, remuneration and social security45 | €62k | €30k | €40k | €53k | €11k | ▼ 79.2% |
| Taxes450/3 | €62k | €30k | €40k | €53k | €11k | ▼ 79.2% |
| Other amounts payable47/48 | €35k | - | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €4k | €2k | €2k | €1k | ▼ 13.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37k | €22k | €26k | €47k | €-12k | ▼ 126% |
| + Depreciation and write-downs630 | €7k | €13k | €23k | €18k | €24k | ▲ 33.9% |
| Operating cash flow (approximation) | €44k | €35k | €48k | €65k | €12k | ▼ 82.1% |
| Investment in fixed assets (approximation) | - | €-46k | €-21k | €0 | €-30k | - |
| Change in cash | - | €22k | €-15k | €35k | €-50k | ▼ 241% |
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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 46 days late
2025
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.53
Current ratio from 2.46 to 6.53; short-term debt falls from €101k to €23k.
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 50 days late
2024
31-12
Financial
Highest result since 2018net €47k ▲84%
Operating result €71k, net result €47k, both a record.
31-12
Financial
Equity above €150kEq €183k ▲34.5%
6 profitable years in a row build equity to €183k.
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Equity above €100kEq €111k ▲24.8%
4 profitable years in a row build equity to €111k.
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 102 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
Show earlier events
2019
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 6.46
Current ratio from 3.11 to 6.46; short-term debt falls from €63k to €28k.
31-12
Financial
Equity above €150kEq €170k ▲24%
Equity rises from €137k to €170k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Sint-Agatha-Berchem · 1 establishment unit since 2016
Ground area
360 m²
Building footprint
70 m²
Volume, LiDAR
605 m³
Parcel 21003A0042/00G003, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RYHO TECHNOLOGY
since 20162.270.976.470
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0042/00G003 | Brussels | 360 m² | 1 · 70 m² | 13.5 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
6994006S6FE9OLJN1M47
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,780 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded14-06-2016
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.