Turnover
≈ €12,000 estimated
The micro format states no turnover.
RYO CONSTRUCT
Lifetime
5 annual accounts with figures on one time axispeak €7,639 (2024)
€919▼ 88.0%
lowest -€85 (2025)
-€85▼ €5,376
peak €12,254 (2024)
€12,169▼ 0.7%
€2,599▲ 41.0%
Board3 names since 2020
2 directorsGHINET Lucian and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €7,639 to €919Loss of €85Debts from €1,843 to €2,599
Key points
from the 2025 annual accountsFilings
5 annual accounts 3 late
The 2023 accounts came latest: 50 days after the end of the period.
Position in the sector
€12,169
Less equity than 81% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
Checked score
39
Weak
Financially stronger than 57% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.3% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024lowest value
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 1.1%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%● unchanged vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.0%▼ -0.1 percentage points vs 02-2026
04-2026: 1.0%● unchanged vs 03-2026
05-2026: 2.0%▲ +1.0 percentage point vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.1%▲ +0.1 percentage points vs 06-2026
08-2026: 2.7%▲ +0.6 percentage points vs 07-2026
09-2026: 5.2%▲ +2.5 percentage points vs 08-2026
10-2026: 5.2%● unchanged vs 09-2026
11-2026: 5.3%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2020
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
lowers risk
Liquidity: current ratio 5.55, cash €4,085
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 83% on liquidity, 21% on profitability and 34% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,440 companies had the same profile as RYO CONSTRUCT has now. Each dot stands for 9 companies, two years later.
90.1%
were still trading
7.4%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RYO CONSTRUCT itself is higher: 5.3% within 12 months. It rests on far more data about RYO CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,440 companies, not a prediction for RYO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is ample, with a current ratio of 5.55 (7.33 in 2024), above the usual 1.5. Short-term debt is 17.6% and cash 27.7% of total assets. 17.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
31 days late
2024
70 days early
2023
50 days late
2022
64 days early
2021
24 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 6 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 August (4 of the last 5 accounts filed within 88 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MESYNGIER Bruno founderdeed of 22-12-2020
- GHINET Lucian founderdeed of 22-12-2020
Recent changes
Registered office moved from Etterbeek to Forest
New registered office: Avenue Kersbeek 203-2025, 1190 Forest · Previous registered office: 36 Avenue Hansen-Soulie B-1040 Etterbeek · Appointment: Regivan Ribeiro Da Silva (director) · General meeting of 04-08-2026 · Gazette deed
Registered office moved within Etterbeek
New registered office: 36 Avenue Hansen-Soulie B-1040 Etterbeek · Previous registered office: AVENUE DE LA CHASSE 133/135 B-1040 ETTERBEEK · General meeting of 18-03-2026 · Gazette deed
Incorporation
Founders: MESYNGIER Bruno and GHINET Lucian · 100 shares · Appointments: MESYNGIER Bruno (director) and GHINET Lucian (director) · published on 22-12-2020 · Gazette deed
First establishment
Kersbeeklaan 203-205, Forest
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RYO CONSTRUCT Forest | €14,769 | €919 | 82.4% | - |
| RESACH Jette | €13,767 | €88 | 63.4% | - |
| KORUJABUILD Asse | €15,013 | -€15,555 | -18.2% | - |
| PVVL Bilzen-Hoeselt | €13,925 | €386 | 24.7% | - |
| C’ CURA NBC Hastière | €15,191 | -€3,315 | 92.3% | - |
| RM GROUP Antwerp | €15,343 | €601 | 83.1% | - |
| HAYDA CONSULT Bertrix | €16,658 | -€6,883 | 51.1% | - |
These companies have the same main activity as RYO CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €13,800 and €16,700, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 18-12-2020Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 5 others
- Establishment unit
- 2.312.988.8531190 Forest, since 18-12-2020
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on RYO CONSTRUCT
RYO CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €2,903 in 2021 to €919 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RYO CONSTRUCT
- What is the company number of RYO CONSTRUCT?
- The company number of RYO CONSTRUCT is 0760.301.044. The VAT number is the same number with BE in front: BE 0760.301.044.
- Where is RYO CONSTRUCT based?
- The registered office is at Kersbeeklaan 203-2025, 1190 Forest.Company details
- What does RYO CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of RYO CONSTRUCT?
- RYO CONSTRUCT is a private limited company (BV).
- When was RYO CONSTRUCT founded?
- RYO CONSTRUCT was founded on 18-12-2020.
- Is RYO CONSTRUCT still active?
- Yes, RYO CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of RYO CONSTRUCT?
- The turnover in financial year 2025 is ≈ €12,000. This figure is estimated from the gross margin of €919 and 201 comparable companies (NACE 43990). It probably lies between €6,700 and €23,000. It is a rough estimate.Financials
- Is RYO CONSTRUCT profitable?
- In financial year 2025, RYO CONSTRUCT made a loss of €85.
- Where can I find the annual accounts of RYO CONSTRUCT?
- RYO CONSTRUCT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RYO CONSTRUCT due?
- RYO CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.