Equity
€145,815 ▲ 5.7%
RYSA paid out €110,000 in dividends. That is 93% of the 2025 profit.
RYSA
Lifetime
7 annual accounts with figures on one time axispeak €208,711 (2025)
€208,711▲ 11.8%
peak €123,043 (2022)
€117,879▲ 37.9%
peak €163,949 (2021)
€145,815▲ 5.7%
€432,814▼ 6.2%
peak 2 FTE (2023)
2 FTEunchanged
Board1 name since 2019
1 directorVAFIDIS Alexis
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Result from €85,509 to €117,879Dividend €110,000Cash from €57,161 to €92,958
Key points
from the 2025 annual accountsChecked score
91
Excellent
Financially stronger than 41% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.4%▼ -0.1 percentage points vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.6%▲ +0.1 percentage points vs 04-2025
06-2025: 0.7%▲ +0.1 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025highest value
08-2025: 0.4%▼ -0.3 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.2%▼ -0.2 percentage points vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.2 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Figures for financial year 2025 (filed on 01-08-2026)
Size: 2 FTE, total assets €578,629
Liquidity: current ratio 1.17, cash €92,958
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 70, micro). It does better than 27% of them on solvency, 54% on liquidity, 29% on profitability and 52% on growth.
The bankruptcy probability was computed on 09-11-2026 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 very low class on 30-06-2025, 0.1% 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, 6,713 companies had the same profile as RYSA has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RYSA itself is lower: 0.1% within 12 months. It rests on far more data about RYSA than the profile alone.
Test of the method
The method was tested on the 497,447 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 6,713 companies, not a prediction for RYSA. 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
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.17 (0.78 in 2024), below the usual 1.5. Short-term debt is 22% and cash 16.1% of total assets. 74.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
2 days early
2023
2 days early
2022
3 days early
2021
4 days early
2020
2 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 29 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- VAFIDIS Alexis 100 sharesdeed of 05-01-2024
Shares in 1 company, IDIS SPRL
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0723887046
Registered-office move
VAFIDIS Alexis holds 100 shares · Director in office: VAFIDIS Alexis · General meeting of 16-10-2023 · Gazette deed
Registered office moved from Mortroux to Dalhem
New registered office: Rue Fernand Henrotaux 52B à 4607 Dalhem · Previous registered office: CHAUSSEE DES WALLONS 5/A7 4607 MORTROUX · General meeting of 13-11-2020 · Gazette deed
Incorporation
Founder: VAFIDIS Alexis · Founding capital of €18,600, 18,600 shares · Appointment: VAFIDIS Alexis (manager) · published on 03-04-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RYSA Dalhem | €578,629 | €208,711 | 25.2% | 2 |
| ANITOM Sint-Truiden | €567,775 | €219,231 | 3.5% | 1.7 |
| F.F.M. Rumst | €699,528 | €205,783 | 49.9% | 1.8 |
| ADVEX Etterbeek | €475,935 | €215,285 | 14.1% | 1.8 |
| OSSIA BELGIUM Brussels | €701,550 | €192,738 | 7.3% | 1.8 |
| BLUESUN CONSUMER BRANDS Mechelen | €488,076 | €232,397 | 9.4% | 1.8 |
| JEALEX Esneux | €639,146 | €221,189 | 7.1% | 2.3 |
These companies have the same main activity as RYSA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €476,000 and €702,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 01-04-2019Normal situation
- Activity
- Business and other management consultancyNACE 70200and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.287.467.7574607 Dalhem, since 01-04-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 17-11-2025
Annual accounts 2025
- ≈ €330,000estimated
- €578,629▼ 3.5%
- Employeeson 31-12-2025
- 2=
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on RYSA
RYSA files the abbreviated format. That format states no turnover. The gross margin rose from €49,209 in 2019 to €208,711 in 2025.
The balance sheet grew most from 2021 to 2023 through fixed assets.
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 RYSA
- What is the company number of RYSA?
- The company number of RYSA is 0723.887.046. The VAT number is the same number with BE in front: BE 0723.887.046.
- Where is RYSA based?
- The registered office is at Rue Henri Francotte 40, 4607 Dalhem.Company details
- What does RYSA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of RYSA?
- RYSA is a private limited company (pre-2019) (BVBA).
- When was RYSA founded?
- RYSA was founded on 01-04-2019.
- Is RYSA still active?
- Yes, RYSA is an active enterprise in the KBO register.
- How many employees does RYSA have?
- RYSA had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does RYSA fall under?
- In its 2025 annual accounts, RYSA states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of RYSA?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €208,711 and 93 comparable companies (NACE 70200). It probably lies between €270,000 and €440,000.
- Is RYSA profitable?
- In financial year 2025, RYSA made a profit of €117,879.
- Where can I find the annual accounts of RYSA?
- RYSA filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RYSA due?
- RYSA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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