van Rhay
Activevan Rhay has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €8k. Equity is shrinking by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 77% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+69
Solvency92▲+2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.26 against 1.84 in 2024; short-term debt: 23.8% and cash: 10.8% of total assets), and 33% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67%
Return on assets
7.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
2 d early
2021
on the day
2017
35 d early
2016
62 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▲ 11.8%
2024 · €66k
2021: €95k
2022: €85k
2023: €74k
2024: €66k
2021 → 2025
Total assets
€111k▲ 8.8%
2024 · €102k
2021: €135k
2022: €128k
2023: €112k
2024: €102k
2021 → 2025
Net result
€8k
2024 · €-8k
2021: €13k
2022: €-10k
2023: €-10k
2024: €-8k
2021 → 2025
Working capital
€33k▲ 61.2%
2024 · €20k
2021: €22k
2022: €21k
2023: €20k
2024: €20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€95k-€85k▼ 10.9%€74k▼ 12.4%€66k▼ 10.5%€74k▲ 11.8%
Operating result€14k-€-11k€-11k▼ 2.6%€-9k▲ 19.6%€7k
Net result€13k-€-10k€-10k▼ 0.8%€-8k▲ 25.9%€8k
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 2025: €7k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €111k
Fixed assets
€51k▼ 9.7%
Current assets
€59k▲ 32.4%
Equity and liabilities €111k
Equity
€74k▲ 11.8%
Provisions
€10k▼ 7.5%
Debt
€26k▲ 8.1%
The debt ratio falls from 23.9% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €-37
Cash flow
€13k▲
2024 · €1k
Solvency
67.0%▲
2024 · 65.3%
Current ratio
2.26▲
2024 · 1.84
Quick ratio
2.12▲
2024 · 1.70
Debt / equity
0.35▼
2024 · 0.37
ROE
10.6%▲
2024 · -11.7%
ROA
7.1%▲
2024 · -7.6%
Interest coverage
271.63▲
2024 · -9.41
Debt
€26k▲
2024 · €24k
Debt ≤ 1 year
€26k▲
2024 · €24k
Income taxes
€2k▲
2024 · €618
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€102k€111k▲
Formation expenses20-€0
Fixed assets21/28€57k€51k▼
Tangible fixed assets22/27€56k€51k▼
Land and buildings22€56k€51k▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€222€0▼
Financial fixed assets28€572€572=
Current assets29/58€45k€59k▲
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€26k€36k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€25k€34k▲
Cash at bank and in hand54/58€11k€12k▲
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€102k€111k▲
Equity10/15€66k€74k▲
Contributions10/11€27k€27k=
Capital10€27k€27k=
Issued capital100€27k€27k=
Reserves13€20k€28k▲
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Tax-exempt reserves132€17k€15k▼
Distributable reserves133-€9k
Profit (loss) carried forward14€19k€19k=
Provisions and deferred taxes16€11k€10k▼
Provisions for liabilities and charges160/5€8k€8k=
Major repairs and maintenance162€8k€8k=
Deferred taxes168€3k€3k▼
Amounts payable17/49€24k€26k▲
Amounts payable within one year42/48€24k€26k▲
Financial debts43€570€570=
Credit institutions430/8€570€570=
Trade debts44€10k€11k▲
Suppliers440/4€10k€11k▲
Advances received on contracts in progress46-€0
Taxes, remuneration and social security45€6k€8k▲
Taxes450/3€6k€8k▲
Other amounts payable47/48€7k€7k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€6k▼
Other operating charges640/8€2k€12k▲
Gross operating margin9900€2k€24k▲
Operating profit (loss)9901€-9k€7k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€4€46▲
Recurring financial charges65€4€46▲
Profit (loss) for the period before taxes9903€-8k€9k▲
Transfer from deferred taxes780€827€827=
Income taxes67/77€618€2k▲
Profit (loss) for the period9904€-8k€8k▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-6k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€29k▲
Profit (loss) brought forward from the previous period14P€26k€19k▼
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
23-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
24-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
20-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Holsbeek · 2 establishment units since 1989
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.
Horststraat 53220 HolsbeekGround area
2,586 m²
Building footprint
385 m²
Volume, LiDAR
3,537 m³
2 parcels, Flanders · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
VAN RHAY CVBA
since 19892.041.682.031
VAN RHAY
since 19972.041.682.130
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24103B0140/00D000 | Flanders | 2,461 m² | 1 · 252 m² | 7.3 m · 2 fl. |
| 24062A0551/00E002 | Flanders | 125 m² | 1 · 132 m² | 20.9 m · 6 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.
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LIETAR - DE CLERCQ
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TIETENBIZZ
BE 1002.033.754
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COLDEBA
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Of 519 companies in sector 47714 we hold annual accounts for 263. 232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-1988
Fiscal year end30-06
Activities, NACEBEL
47714Retail trade
52425
46412Wholesale of household textiles and bedding
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47820Market retail: textiles, clothing, footwear
51410
52622
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.