RYSAL
Open bankruptcyA bankruptcy procedure is open for RYSAL according to publications in the Belgian State Gazette; curator: Dirk DE MAESENEER.
Summary
The 2024 annual accounts show negative equity (€-134k) and a net result of €79k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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
not confirmed
2024
78 d late
2023
187 d late
2022
60 d late
2021
82 d late
2020
125 d late
2019
75 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-134k▲ 37.1%
2023 · €-214k
2018: €13k
2019: €20k
2020: €2k
2021: €-8k
2022: €-204k
2023: €-214k
2018 → 2024
Total assets
€330k▼ 9.2%
2023 · €363k
2018: €36k
2019: €30k
2020: €214k
2021: €244k
2022: €223k
2023: €363k
2018 → 2024
Net result
€79k
2023 · €-9k
2018: €6k
2019: €8k
2020: €-18k
2021: €-10k
2022: €-196k
2023: €-9k
2018 → 2024
Working capital
€-216k▲ 31.1%
2023 · €-313k
2018: €12k
2019: €18k
2020: €-9k
2021: €-25k
2022: €-253k
2023: €-313k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€-8k€-204k▼ 2,479%€-214k▼ 4.5%€-134k▲ 37.1%
Operating result€-10k-€-4k▲ 63.3%€-193k▼ 5,037%€-1k▲ 99.3%€135k
Net result€-18k-€-10k▲ 42.6%€-196k▼ 1,817%€-9k▲ 95.3%€79k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €135k after a loss of €1k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €330k
Fixed assets
€82k ▼ 18.2%
Current assets
€248k ▼ 5.8%
Key figures and ratios
EBITDA
€146k▲
2023 · €22k
Cash flow
€90k▲
2023 · €14k
Solvency
-40.8%▲
2023 · -58.8%
Current ratio
0.53▲
2023 · 0.46
Debt to equity
-3.45▼
2023 · -2.70
ROA
24.0%▲
2023 · -2.6%
Interest coverage
14.32▲
2023 · 2.72
Debt
€464k▼
2023 · €577k
Debt ≤ 1 year
€464k▼
2023 · €577k
Staff costs
€346k▼
2023 · €466k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€363k€330k▼
Fixed assets21/28€100k€82k▼
Tangible fixed assets22/27€58k€36k▼
Land and buildings22€20k€32k▲
Plant, machinery and equipment23€122-
Furniture and vehicles24€6k€4k▼
Leasing and similar rights25€32k€268▼
Financial fixed assets28€42k€46k▲
Current assets29/58€263k€248k▼
Amounts receivable within one year40/41€78k€136k▲
Trade receivables40€77k€125k▲
Other amounts receivable41€729€11k▲
Current investments50/53€93k€55k▼
Cash at bank and in hand54/58€74k€49k▼
Deferred charges and accrued income490/1€19k€8k▼
Equity and liabilities
Total equity and liabilities10/49€363k€330k▼
Equity10/15€-214k€-134k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-234k€-155k▲
Amounts payable17/49€577k€464k▼
Amounts payable within one year42/48€577k€464k▼
Current portion of amounts payable after more than one year42€43k€0▼
Financial debts43€141€126▼
Credit institutions430/8€141€126▼
Trade debts44€52k€45k▼
Suppliers440/4€52k€45k▼
Taxes, remuneration and social security45€350k€302k▼
Taxes450/3€165k€154k▼
Remuneration and social security454/9€185k€148k▼
Other amounts payable47/48€131k€117k▼
Income statement
Code20232024
Non-recurring operating income76A-€10k
Remuneration, social security and pensions62€466k€346k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€11k▼
Other operating charges640/8€33k€20k▼
Non-recurring operating charges66A€978€23k▲
Gross operating margin9900€522k€535k▲
Operating profit (loss)9901€-1k€135k▲
Financial income75/76B€200€374▲
Recurring financial income75€200€374▲
Financial charges65/66B€8k€56k▲
Recurring financial charges65€8k€10k▲
Non-recurring financial charges66B-€46k
Profit (loss) for the period before taxes9903€-9k€79k▲
Profit (loss) for the period9904€-9k€79k▲
Profit (loss) for the period to be appropriated9905€-9k€79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-234k€-155k▲
Profit (loss) brought forward from the previous period14P€-224k€-234k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
24-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · RYSAL BV LEUVENSE- STEENWEG 246/1, 1932 SINT-STEVENS-WOLUWE · event 16-09-2025
03-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 187 days late
2024
31-12
Financial
Back to profitnet €79k
Net result €79k after 4 loss-making years.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-196k
Net result drops to €-196k, the lowest in the series.
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 82 days late
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 125 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Zaventem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvensesteenweg 2461932 ZaventemGround area
755 m²
Building footprint
316 m²
Volume, LiDAR
2,361 m³
2 parcels, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RYSAL
since 20112.200.922.179
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 23078C0091/00E002 | Flanders | 294 m² | 1 · 124 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
16-09-2025 → present |
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.