RYO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RYO CONSTRUCT is 4.2% (elevated). The 2025 annual accounts show equity of €12k and a net result of €-85. Equity is growing by ~39.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 7500 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability34▼-66
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 5.55 against 7.33 in 2024; short-term debt: 17.6% and cash: 27.7% of total assets), and 17.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
82.4%
Return on assets
-0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
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. 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
70 d early
2023
50 d late
2022
64 d early
2021
24 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, micro schema
Equity
€12k▼ 0.7%
2024 · €12k
2021: €4klowest in 5 years
2022: €5k▲ +41.2% vs 2021
2023: €7k▲ +39.4% vs 2022
2024: €12k▲ +76.0% vs 2023highest in 5 years
2025: €12k▼ -0.7% vs 2024
2021 → 2025
Total assets
€15k▲ 4.8%
2024 · €14k
2021: €7klowest in 5 years
2022: €9k▲ +21.6% vs 2021
2023: €8k▼ -5.3% vs 2022
2024: €14k▲ +66.9% vs 2023
2025: €15k▲ +4.8% vs 2024highest in 5 years
2021 → 2025
Net result
€-85
2024 · €5k
2021: €2k
2022: €1k▼ -28.5% vs 2021
2023: €2k▲ +35.3% vs 2022
2024: €5k▲ +169% vs 2023highest in 5 years
2025: €-85▼ -102% vs 2024lowest in 5 years
2021 → 2025
Working capital
€12k▲ 1.3%
2024 · €12k
2021: €4klowest in 5 years
2022: €5k▲ +41.2% vs 2021
2023: €7k▲ +39.4% vs 2022
2024: €12k▲ +67.6% vs 2023
2025: €12k▲ +1.3% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€5k▲ 41.2%€7k▲ 39.4%€12k▲ 76.0%€12k▼ 0.7%
2021: €4klowest in 5 years
2022: €5k▲ +41.2% vs 2021
2023: €7k▲ +39.4% vs 2022
2024: €12k▲ +76.0% vs 2023highest in 5 years
2025: €12k▼ -0.7% vs 2024
Operating result€3k-€2k▼ 25.5%€3k▲ 42.1%€7k▲ 157%€79▼ 98.9%
2021: €3k
2022: €2k▼ -25.5% vs 2021
2023: €3k▲ +42.1% vs 2022
2024: €7k▲ +157% vs 2023highest in 5 years
2025: €79▼ -98.9% vs 2024lowest in 5 years
Net result€2k-€1k▼ 28.5%€2k▲ 35.3%€5k▲ 169%€-85
2021: €2k
2022: €1k▼ -28.5% vs 2021
2023: €2k▲ +35.3% vs 2022
2024: €5k▲ +169% vs 2023highest in 5 years
2025: €-85▼ -102% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€341 ▼ 41.4%
Current assets
€14k ▲ 6.8%
Equity and liabilities €15k
Equity
€12k ▼ 0.7%
Debt
€3k ▲ 41.0%
Debt's share of the balance-sheet total rises from 13.1% to 17.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€320▼
2024 · €7k
Cash flow
€156▼
2024 · €5k
Current ratio
5.55▼
2024 · 7.33
Debt to equity
0.21▲
2024 · 0.15
ROE
-0.7%▼
2024 · 43.2%
ROA
-0.6%▼
2024 · 37.5%
Interest coverage
1.96▼
2024 · 39.91
Debt ≤ 1 year
€3k▲
2024 · €2k
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 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€14k€15k▲
Fixed assets21/28€582€341▼
Tangible fixed assets22/27€582€341▼
Furniture and vehicles24€582€341▼
Current assets29/58€14k€14k▲
Amounts receivable within one year40/41€9k€10k▲
Trade receivables40€5k€8k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€4k€4k▼
Deferred charges and accrued income490/1€400€85▼
Equity and liabilities
Total equity and liabilities10/49€14k€15k▲
Equity10/15€12k€12k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€11k€11k▼
Amounts payable17/49€2k€3k▲
Amounts payable within one year42/48€2k€3k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141€241▲
Other operating charges640/8€555€599▲
Gross operating margin9900€8k€919▼
Operating profit (loss)9901€7k€79▼
Financial charges65/66B€178€163▼
Recurring financial charges65€178€163▼
Profit (loss) for the period before taxes9903€7k€-85▼
Income taxes67/77€1k-
Profit (loss) for the period9904€5k€-85▼
Profit (loss) for the period to be appropriated9905€5k€-85▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k▼
Profit (loss) brought forward from the previous period14P€5k€11k▲
The notes to these accounts (4 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €141 | €241 | ▲ 71.0% |
| Other operating charges640/8 | €348 | €348 | €1k | €555 | €599 | ▲ 8.0% |
| Gross operating margin9900 | €3k | €2k | €4k | €8k | €919 | ▼ 88.0% |
| Operating profit (loss)9901 | €3k | €2k | €3k | €7k | €79 | ▼ 98.9% |
| Financial charges65/66B | €9 | €85 | €243 | €178 | €163 | ▼ 8.1% |
| Recurring financial charges65 | €9 | €85 | €243 | €178 | €163 | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €3k | €2k | €2k | €7k | €-85 | ▼ 101% |
| Income taxes67/77 | €509 | €364 | €492 | €1k | - | - |
| Profit (loss) for the period9904 | €2k | €1k | €2k | €5k | €-85 | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €2k | €1k | €2k | €5k | €-85 | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7k | €9k | €8k | €14k | €15k | ▲ 4.8% |
| Fixed assets21/28 | - | - | - | €582 | €341 | ▼ 41.4% |
| Tangible fixed assets22/27 | - | - | - | €582 | €341 | ▼ 41.4% |
| Furniture and vehicles24 | - | - | - | €582 | €341 | ▼ 41.4% |
| Current assets29/58 | €7k | €9k | €8k | €14k | €14k | ▲ 6.8% |
| Amounts receivable within one year40/41 | €6k | €5k | €2k | €9k | €10k | ▲ 15.7% |
| Trade receivables40 | €5k | €4k | €2k | €5k | €8k | ▲ 45.2% |
| Other amounts receivable41 | €903 | €1k | €215 | €3k | €2k | ▼ 32.0% |
| Cash at bank and in hand54/58 | €1k | €4k | €6k | €4k | €4k | ▼ 3.8% |
| Deferred charges and accrued income490/1 | - | - | €538 | €400 | €85 | ▼ 78.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7k | €9k | €8k | €14k | €15k | ▲ 4.8% |
| Equity10/15 | €4k | €5k | €7k | €12k | €12k | ▼ 0.7% |
| Contributions10/11 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €3k | €5k | €11k | €11k | ▼ 0.8% |
| Amounts payable17/49 | €4k | €4k | €1k | €2k | €3k | ▲ 41.0% |
| Amounts payable within one year42/48 | €4k | €4k | €1k | €2k | €3k | ▲ 41.0% |
| Trade debts44 | €612 | €13 | - | - | - | - |
| Suppliers440/4 | €612 | €13 | - | - | - | - |
| Taxes, remuneration and social security45 | €3k | €4k | €1k | €2k | €3k | ▲ 41.0% |
| Taxes450/3 | €509 | €4k | €1k | €2k | €3k | ▲ 41.0% |
| Remuneration and social security454/9 | €3k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €1k | €2k | €5k | €-85 | ▼ 102% |
| + Depreciation and write-downs630 | - | - | - | €141 | €241 | ▲ 71.0% |
| Operating cash flow (approximation) | €2k | €1k | €2k | €5k | €156 | ▼ 97.1% |
| Investment in fixed assets (approximation) | - | - | - | - | €0 | - |
| Change in cash | - | €3k | €2k | €-2k | €-163 | ▲ 89.9% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
10-08
State Gazette act
Appointment: Regivan Ribeiro Da Silva (director)Resignations: Bruno Mesyngier (director) and Lucian Ghinet (director) · Registered-office move5 facts ▸
State Gazette act
Appointment: Regivan Ribeiro Da Silva (director)
Resignations: Bruno Mesyngier (director) and Lucian Ghinet (director) · Registered-office move5 facts ▸
- General meeting, 04/08/2026
- Registered-office move, Avenue Kersbeek 203-2025, 1190 Forest
- Director appointment, Regivan Ribeiro Da Silva (director)
- Director resignation, Bruno Mesyngier (director)
- Director resignation, Lucian Ghinet (director)
2025
31-12
Financial
Weakest financial yearnet €-85
Net result drops to €-85, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €5k ▲169%
Operating result €7k, net result €5k, both a record.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 5.70
Current ratio from 2.27 to 5.70; short-term debt falls from €4k to €1k.
28-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
Regivan Ribeiro Da Silva
CurrentDirector · since 04-08-2026
04-08-2026
Regivan Ribeiro Da Silva: Appointed as Director
04-08-2026
GHINET Lucian: Resigned as Director
04-08-2026
MESYNGIER Bruno: Resigned as Director
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2020
Ground area
825 m²
Building footprint
162 m²
Volume, LiDAR
926 m³
Parcel 21384D0266/00M006, Brussels · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RYO CONSTRUCT
since 20202.312.988.853
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21384D0266/00M006 | Brussels | 825 m² | 1 · 162 m² | 7.2 m · 2 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.
Similar companies · same sector, comparable size
KMS TECHNICS
BE 0802.491.787
Vilvoorde · Eq €12,169
CV BUILD
BE 0799.499.437
Oudenaarde · Eq €12,177
STEBEMO
BE 0684.602.838
Houthalen-Helchteren · Eq €12,154
G&D BUILDING SOLUTIONS
BE 0747.746.571
Lummen · Eq €12,145
Atelier Xs
BE 0783.570.750
Liège · Eq €12,194
Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 10,001 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
41002Construction of residential and non-residential buildings
43110Demolition
43221Plumbing work
43230Insulation installation
43240Other construction installation
43310Plastering work
43320Joinery installation
43350Other building finishing work
43910Bricklaying and masonry work
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.