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VAN RIE IGNACE

Active
Private limited companyfounded 200124 yrs activeSpeyestraat 79, 9990 Maldegem, BelgiumKBO/BCE: BE 0476.142.514

VAN RIE IGNACE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €971k and a net result of €116k. Equity is growing by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 44% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
51 / 100
Fair▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+46
Solvency24▲+8
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.04 against 0.02 in 2023), and 75.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
24.1%
Return on assets
2.9%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-02-2025, 156 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
156 d early
2023
30 d late
2022
29 d late
2021
17 d late
2020
32 d early
2019
32 d early
← before the deadline after the deadline →
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

Financials · fiscal year 2024, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€116k▲ 346%
2023 · €26k
2018: €96k 2019: €46k 2020: €10k 2021: €252k 2022: €62k 2023: €26k
2018 → 2024
Working capital
€-358k▲ 46.9%
2023 · €-674k
2018: €1.03M 2019: €476k 2020: €298k 2021: €-268k 2022: €-320k 2023: €-674k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€666k-€821k▲ 23.3%€882k▲ 7.5%€908k▲ 3.0%€971k▲ 6.9%
Operating result€100k-€389k▲ 290%€111k▼ 71.5%€111k▼ 0.2%€247k▲ 123%
Net result€10k-€252k▲ 2,417%€62k▼ 75.6%€26k▼ 57.6%€116k▲ 346%
Result per fiscal year
Operating resultNet result
€0€100k€200k€300k€400kOperating result 2020: €100k€100kNet result 2020: €10k€10kOperating result 2021: €389k€389kNet result 2021: €252k€252kOperating result 2022: €111k€111kNet result 2022: €62k€62kOperating result 2023: €111k€111kNet result 2023: €26k€26kOperating result 2024: €247k€247kNet result 2024: €116k€116k20202021202220232024
The operating result recovers in 2024; 2024 is 123% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.03M
Fixed assets €4.02M▼ 7.1%
Current assets €17k▼ 2.5%
Equity and liabilities €4.03M
Equity €971k▲ 6.9%
Provisions €13k▼ 13.2%
Debt €3.05M▼ 10.8%
The debt ratio falls from 78.7% to 75.6%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€451k
2023 · €277k
Cash flow
€320k
2023 · €193k
Solvency
24.1%
2023 · 20.9%
Current ratio
0.04
2023 · 0.02
Quick ratio
0.04
2023 · 0.02
Debt / equity
3.14
2023 · 3.76
ROE
12.0%
2023 · 2.9%
ROA
2.9%
2023 · 0.6%
Interest coverage
3.66
2023 · 4.11
Debt
€3.05M
2023 · €3.42M
Debt ≤ 1 year
€374k
2023 · €691k
Debt > 1 year
€2.68M
2023 · €2.73M
Income taxes
€10k
2023 · €19k
Staff costs
€1k
2023 · €3k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€4.34M€4.03M
Fixed assets21/28€4.32M€4.02M
Tangible fixed assets22/27€4.32M€4.02M
Land and buildings22€4.32M€4.02M
Current assets29/58€17k€17k
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€443€0
Trade receivables40€0-
Other amounts receivable41€443€0
Cash at bank and in hand54/58€11k€14k
Deferred charges and accrued income490/1€5k€3k
Equity and liabilities
Total equity and liabilities10/49€4.34M€4.03M
Equity10/15€908k€971k
Contributions10/11€12k€12k=
Reserves13€134k€74k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€79k€72k
Distributable reserves133€55k€2k
Profit (loss) carried forward14€762k€885k
Provisions and deferred taxes16€15k€13k
Deferred taxes168€15k€13k
Amounts payable17/49€3.42M€3.05M
Amounts payable after more than one year17€2.73M€2.68M
Financial debts170/4€2.73M€2.68M
Amounts payable within one year42/48€691k€374k
Current portion of amounts payable after more than one year42€243k€232k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Taxes, remuneration and social security45€3k€7k
Taxes450/3€3k€7k
Other amounts payable47/48€443k€131k
Accrued charges and deferred income492/3€0-
Income statement Code20232024
Non-recurring operating income76A-€28k
Remuneration, social security and pensions62€3k€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€167k€204k
Other operating charges640/8€29k€46k
Gross operating margin9900€309k€498k
Operating profit (loss)9901€111k€247k
Financial income75/76B€19€0
Recurring financial income75€19€0
Financial charges65/66B€68k€123k
Recurring financial charges65€68k€123k
Profit (loss) for the period before taxes9903€43k€124k
Transfer from deferred taxes780€2k€2k=
Income taxes67/77€19k€10k
Profit (loss) for the period9904€26k€116k
Transfer from tax-exempt reserves789€7k€7k=
Profit (loss) for the period to be appropriated9905€33k€123k
Appropriation of the result
Profit (loss) to be appropriated9906€762k€885k
Profit (loss) brought forward from the previous period14P€728k€762k
Transfer from equity791/2-€53k
Profit to be distributed694/7-€53k
Return on contributions (dividend)694-€53k
Social balance
Average headcount (FTE)90870.0-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
25-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 17 days late
2021
31-12
Financial Highest result since 2018net €252k ▲2417%
Operating result €389k, net result €252k, both a record.
29-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €10k ▼78.3%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Maldegem · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Speyestraat 799990 Maldegem
Ground area
1,301 m²
Building footprint
228 m²
Volume, LiDAR
1,134 m³
Parcel 43502D0031/00D000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Speyestraat 79, 9990 Maldegem
NACE 7020101
since 20022.101.735.325
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43502D0031/00D000 Flanders 1,301 m² 1 · 227 m² 8.9 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 9,093 companies in sector 68201 we hold annual accounts for 6,724. 4,819 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded14-11-2001
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers

Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:van.rie.ignace@telenet.be
Enterprise