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RYSZARD

Active
Private limited companyfounded 20214 yrs activeNokeredorpstraat(NOK) 49, 9771 Kruisem, BelgiumKBO/BCE: BE 0779.340.164
Summary

RYSZARD has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €69,343 and a net result of €18,314. Equity is growing by ~15.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 500 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability79▲+63
Solvency79▲+2
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.16 against 2.05 in 2023; short-term debt: 46% and cash: 18.9% of total assets), and 46% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer 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 2024
Solvency, return and age of the figures
Solvency
54%
Return on assets
14.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
8 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RYSZARD was incorporated on 24 December 2021 as a Private limited company.1 Total assets rose from EUR 66,595 in 2022 to EUR 128,401 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€69,343▲ 35.9%
2023 · €51,029
Total assets
€128,401▲ 31.0%
2023 · €98,019
Net result
€18,314
2023 · -€1,857
Working capital
€68,288▲ 38.9%
2023 · €49,173
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Operating result€53,815--€1,367€27,270
Net result€42,886above the sector's middle half--€1,857within the sector's middle half€18,314within the sector's middle half
Equity€52,886within the sector's middle half-€51,029within the sector's middle half▼ 3.5%€69,343within the sector's middle half▲ 35.9%
Total assets€66,595below the sector's middle half-€98,019below the sector's middle half▲ 47.2%€128,401within the sector's middle half▲ 31.0%
Debt€13,708-€46,990▲ 243%€59,058▲ 25.7%
Working capital€51,658within the sector's middle half-€49,173within the sector's middle half▼ 4.8%€68,288within the sector's middle half▲ 38.9%
Solvency79.4%above the sector's middle half-52.1%within the sector's middle half▼ 27.4pp54.0%within the sector's middle half▲ 1.9pp
Current ratio4.77above the sector's middle half-2.05within the sector's middle half▼ 2.722.16within the sector's middle half▲ 0.11
Return on assets (ROA)64.4%above the sector's middle half--1.9%within the sector's middle half▼ 66.3pp14.3%above the sector's middle half▲ 16.2pp
above within below the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000€60,000Operating result 2022: €53,815€53,815Net result 2022: €42,886€42,886Operating result 2023: -€1,367-€1,367Net result 2023: -€1,857-€1,857Operating result 2024: €27,270€27,270Net result 2024: €18,314€18,314202220232024-€20,000€0€20,000€40,000€60,000Operating result 2022: €53,815€53,800Net result 2022: €42,886€42,900Operating result 2023: -€1,367-€1,370Net result 2023: -€1,857-€1,860Operating result 2024: €27,270€27,300Net result 2024: €18,314€18,300202220232024
The operating result returns to profit in 2024: €27,270 after a loss of €1,367 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €128,401
Fixed assets €1,055 ▼ 43.1%
Current assets €127,346 ▲ 32.4%
Equity and liabilities €128,401
Equity €69,343 ▲ 35.9%
Debt €59,058 ▲ 25.7%
Debt's share of the balance-sheet total falls from 47.9% to 46.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€28,071▲
2023 · -€871
Cash flow
€19,115▲
2023 · -€1,361
Debt to equity
0.85▼
2023 · 0.92
ROE
26.4%▲
2023 · -3.6%
Interest coverage
5.06▲
2023 · -3.56
Debt ≤ 1 year
€59,058▲
2023 · €46,990
Income taxes
€5,406▲
2023 · €1,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€98,019€128,401▲
Fixed assets21/28€1,856€1,055▼
Tangible fixed assets22/27€1,856€1,055▼
Furniture and vehicles24€1,856€1,055▼
Current assets29/58€96,164€127,346▲
Amounts receivable within one year40/41€81,889€99,727▲
Trade receivables40€54,658€61,015▲
Other amounts receivable41€27,231€38,712▲
Cash at bank and in hand54/58€13,321€24,280▲
Deferred charges and accrued income490/1€954€3,340▲
Equity and liabilities
Total equity and liabilities10/49€98,019€128,401▲
Equity10/15€51,029€69,343▲
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14€41,029€59,343▲
Amounts payable17/49€46,990€59,058▲
Amounts payable within one year42/48€46,990€59,058▲
Trade debts44€44,640€34,194▼
Suppliers440/4€44,640€34,194▼
Advances received on contracts in progress46-€17,735
Taxes, remuneration and social security45€2,350€7,129▲
Taxes450/3€2,350€7,129▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€496€801▲
Other operating charges640/8€553€1,146▲
Gross operating margin9900-€318€29,217▲
Operating profit (loss)9901-€1,367€27,270▲
Financial income75/76B€954€1,994▲
Recurring financial income75€954€1,994▲
Financial charges65/66B€244€5,544▲
Recurring financial charges65€244€5,544▲
Profit (loss) for the period before taxes9903-€657€23,720▲
Income taxes67/77€1,200€5,406▲
Profit (loss) for the period9904-€1,857€18,314▲
Profit (loss) for the period to be appropriated9905-€1,857€18,314▲
Appropriation of the result
Profit (loss) to be appropriated9906€41,029€59,343▲
Profit (loss) brought forward from the previous period14P€42,886€41,029▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50€496€801▲ 61.4%
Other operating charges640/8€161€553€1,146▲ 107%
Gross operating margin9900€54,026-€318€29,217▲ 9,290%
Operating profit (loss)9901€53,815-€1,367€27,270▲ 2,095%
Financial income75/76B€303€954€1,994▲ 109%
Recurring financial income75€303€954€1,994▲ 109%
Financial charges65/66B€323€244€5,544▲ 2,169%
Recurring financial charges65€323€244€5,544▲ 2,169%
Profit (loss) for the period before taxes9903€53,795-€657€23,720▲ 3,709%
Income taxes67/77€10,908€1,200€5,406▲ 351%
Profit (loss) for the period9904€42,886-€1,857€18,314▲ 1,086%
Profit (loss) for the period to be appropriated9905€42,886-€1,857€18,314▲ 1,086%
Line202220232024Change
Assets
Total assets20/58€66,595€98,019€128,401▲ 31.0%
Fixed assets21/28€1,228€1,856€1,055▼ 43.1%
Tangible fixed assets22/27€1,228€1,856€1,055▼ 43.1%
Furniture and vehicles24€1,228€1,856€1,055▼ 43.1%
Current assets29/58€65,366€96,164€127,346▲ 32.4%
Amounts receivable within one year40/41€8,583€81,889€99,727▲ 21.8%
Trade receivables40-€54,658€61,015▲ 11.6%
Other amounts receivable41€8,583€27,231€38,712▲ 42.2%
Cash at bank and in hand54/58€56,493€13,321€24,280▲ 82.3%
Deferred charges and accrued income490/1€290€954€3,340▲ 250%
Equity and liabilities
Total equity and liabilities10/49€66,595€98,019€128,401▲ 31.0%
Equity10/15€52,886€51,029€69,343▲ 35.9%
Contributions10/11€10,000€10,000€10,000=
Profit (loss) carried forward14€42,886€41,029€59,343▲ 44.6%
Amounts payable17/49€13,708€46,990€59,058▲ 25.7%
Amounts payable within one year42/48€13,708€46,990€59,058▲ 25.7%
Trade debts44€2,800€44,640€34,194▼ 23.4%
Suppliers440/4€2,800€44,640€34,194▼ 23.4%
Advances received on contracts in progress46--€17,735-
Taxes, remuneration and social security45€10,908€2,350€7,129▲ 203%
Taxes450/3€10,908€2,350€7,129▲ 203%
Line202220232024Change
Profit (loss) for the period9904€42,886-€1,857€18,314▲ 1,086%
+ Depreciation and write-downs630€50€496€801▲ 61.4%
Operating cash flow (approximation)€42,936-€1,361€19,115▲ 1,504%
Investment in fixed assets (approximation)--€1,123€0▲ 100%
Change in cash--€43,171€10,959▲ 125%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Back to profitnet €18,314
Net result €18,314 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€1,857
Net result drops to -€1,857, the lowest in the series; recovery starts the following year.
08-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kruisem · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,565 m²
Building footprint
843 m²
Volume, LiDAR
4,719 m³
Parcel 45031A0277/00Y000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RYSZARD
Nokeredorpstraat(NOK) 49, 9771 KruisemCutting, shaping and finishing of stone
since 20212.326.737.218
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45031A0277/00Y000 Flanders 1,564 m² 1 · 843 m² 10.1 m · 1 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

254900V6FMFZYP2MYB79
live in the LEI register

Similar companies · same sector, comparable size

Of 737 companies in sector 23700 we hold annual accounts for 489. 379 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
Founded24-12-2021
Fiscal year end31-12
Activities, NACEBEL 2025
23700Cutting, shaping and finishing of stone
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779340164
Also 9925:BE0779340164
Registered 04-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.