VAN RIET
ActiveSummary
VAN RIET has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€539,977) and a net result of -€86,940. Equity is shrinking by ~52.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.36 in 2024; cash: 40.8% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Return on assets
-220.9%
Age of the figures
12 mo
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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021232425
2018 to 2025 · latest year -€539,977
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-05-2026, 1 day 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 · 9 filingsDeviation from the deadline
2025
1 d late
2024
2 d early
2023
57 d late
2021
74 d early
2020
11 d late
2019
68 d late
2018
33 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 1 May (3 of the last 3 filed years within 57 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€86,940▲ 24.4%
2024 · -€115,000
Working capital
-€539,977▲ 15.9%
2024 · -€642,198
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20202021202320242025
Operating result€61,928▲ 140%€153,364▲ 148%-€511,562--€102,484▲ 80.0%-€66,114▲ 35.5%
Net result€44,422within the sector's middle half▲ 163%€114,749within the sector's middle half▲ 158%-€521,296below the sector's middle half--€115,000below the sector's middle half▲ 77.9%-€86,940below the sector's middle half▲ 24.4%
Equity€68,511below the sector's middle half▼ 68.9%€183,260within the sector's middle half▲ 167%-€338,037below the sector's middle half--€453,037below the sector's middle half▼ 34.0%-€539,977below the sector's middle half▼ 19.2%
Total assets€857,261within the sector's middle half▲ 2.5%€695,901within the sector's middle half▼ 18.8%€828,101below the sector's middle half-€551,819below the sector's middle half▼ 33.4%€39,354below the sector's middle half▼ 92.9%
Debt€788,750▲ 27.9%€512,642▼ 35.0%€1.2m-€1.0m▼ 13.8%€579,331▼ 42.3%
Working capital-€8,399below the sector's middle half€96,224within the sector's middle half-€514,499below the sector's middle half--€642,198below the sector's middle half▼ 24.8%-€539,977below the sector's middle half▲ 15.9%
Solvency8.0%below the sector's middle half▼ 18.3pp26.3%within the sector's middle half▲ 18.3pp-40.8%below the sector's middle half--82.1%below the sector's middle half▼ 41.3pp
Current ratio0.99below the sector's middle half▼ 0.251.20within the sector's middle half▲ 0.210.55below the sector's middle half-0.36below the sector's middle half▼ 0.200.07below the sector's middle half▼ 0.29
Return on assets (ROA)5.2%within the sector's middle half▲ 3.2pp16.5%above the sector's middle half▲ 11.3pp-63.0%below the sector's middle half--20.8%below the sector's middle half▲ 42.1pp-220.9%below the sector's middle half▼ 200.1pp
Staff (FTE)2.7within the sector's middle half▼ 15.6%3.3within the sector's middle half▲ 22.2%7.7within the sector's middle half-7.7above the sector's middle half=0below the sector's middle half▼ 100%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2024 Net result +78% on 2023. The previous fiscal year ran 21 months, this one 12. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €66,114 in 2025 against €102,484 in 2024; the loss shrinks.
Key figures and ratios
Debt to equity
-1.07▲
2024 · -2.22
Debt ≤ 1 year
€579,331▼
2024 · €1.0m
Staff costs
€81,277▼
2024 · €326,665
A ratio outside any meaningful range has been withheld (balance sheet total €39,354, equity -€539,977).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 6,622 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
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €17,881 | €8,091 | - | - | - |
| Remuneration, social security and pensions62 | - | €135,084 | €459,492 | €326,665 | €81,277 | ▼ 75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28,706 | €37,239 | €25,244 | €26,754 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€18,990 | €229,665 | €95,209 | -€89,925 | ▼ 194% |
| Other operating charges640/8 | - | €85,650 | €10,691 | €17,608 | €17,246 | ▼ 2.1% |
| Non-recurring operating charges66A | - | - | €11,772 | - | - | - |
| Gross operating margin9900 | €253,997 | €392,347 | €225,303 | €363,751 | -€57,516 | ▼ 116% |
| Operating profit (loss)9901 | €61,928 | €153,364 | -€511,562 | -€102,484 | -€66,114 | ▲ 35.5% |
| Financial income75/76B | - | €1,867 | €2,891 | €3,854 | €3,031 | ▼ 21.3% |
| Recurring financial income75 | €6,392 | €1,867 | €2,891 | €3,854 | €3,031 | ▼ 21.3% |
| Financial charges65/66B | - | €4,634 | €12,695 | €16,370 | €23,858 | ▲ 45.7% |
| Recurring financial charges65 | €2,578 | €4,634 | €12,695 | €16,370 | €23,858 | ▲ 45.7% |
| Profit (loss) for the period before taxes9903 | €65,741 | €150,597 | -€521,365 | -€115,000 | -€86,940 | ▲ 24.4% |
| Income taxes67/77 | €21,319 | €35,848 | -€69 | - | - | - |
| Profit (loss) for the period9904 | €44,422 | €114,749 | -€521,296 | -€115,000 | -€86,940 | ▲ 24.4% |
| Profit (loss) for the period to be appropriated9905 | €44,422 | €114,749 | -€521,296 | -€115,000 | -€86,940 | ▲ 24.4% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €857,261 | €695,901 | €828,101 | €551,819 | €39,354 | ▼ 92.9% |
| Fixed assets21/28 | €76,910 | €116,780 | €189,897 | €193,134 | - | - |
| Tangible fixed assets22/27 | €61,634 | €101,490 | €174,607 | €177,926 | - | - |
| Plant, machinery and equipment23 | - | €15,428 | €171,986 | €150,015 | - | - |
| Furniture and vehicles24 | - | €86,062 | €2,621 | €27,912 | - | - |
| Financial fixed assets28 | €15,276 | €15,290 | €15,290 | €15,207 | - | - |
| Current assets29/58 | €780,351 | €579,121 | €638,205 | €358,685 | €39,354 | ▼ 89.0% |
| Stocks and contracts in progress3 | - | - | €53,152 | - | - | - |
| Stocks30/36 | - | - | €53,152 | - | - | - |
| Amounts receivable within one year40/41 | €455,200 | €304,020 | €522,180 | €357,296 | €20,131 | ▼ 94.4% |
| Trade receivables40 | - | €241,266 | €455,128 | €309,622 | €19,622 | ▼ 93.7% |
| Other amounts receivable41 | - | €62,754 | €67,052 | €47,674 | €509 | ▼ 98.9% |
| Cash at bank and in hand54/58 | €115,641 | €266,632 | €62,873 | €1,390 | €16,046 | ▲ 1,055% |
| Deferred charges and accrued income490/1 | - | €8,469 | - | - | €3,177 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €857,261 | €695,901 | €828,101 | €551,819 | €39,354 | ▼ 92.9% |
| Equity10/15 | €68,511 | €183,260 | -€338,037 | -€453,037 | -€539,977 | ▼ 19.2% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €6,511 | €121,260 | €6,200 | €6,200 | €6,200 | = |
| Non-distributable reserves130/1 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | €115,060 | - | - | - | - |
| Profit (loss) carried forward14 | -€1,536 | - | -€406,237 | -€521,237 | -€608,177 | ▼ 16.7% |
| Amounts payable17/49 | €788,750 | €512,642 | €1.2m | €1.0m | €579,331 | ▼ 42.3% |
| Amounts payable after more than one year17 | - | €29,745 | €13,434 | €3,973 | - | - |
| Financial debts170/4 | - | €29,745 | €13,434 | €3,973 | - | - |
| Amounts payable within one year42/48 | €788,750 | €482,897 | €1.2m | €1.0m | €579,331 | ▼ 42.1% |
| Current portion of amounts payable after more than one year42 | - | €9,181 | €9,358 | €9,461 | €3,984 | ▼ 57.9% |
| Trade debts44 | €321,034 | €341,922 | €811,544 | €89,242 | €31,946 | ▼ 64.2% |
| Suppliers440/4 | - | €341,922 | €811,544 | €89,242 | €31,946 | ▼ 64.2% |
| Taxes, remuneration and social security45 | - | €93,073 | €56,988 | €14,541 | €81,277 | ▲ 459% |
| Taxes450/3 | - | €63,923 | - | - | - | - |
| Remuneration and social security454/9 | - | €29,149 | €56,988 | €14,541 | €81,277 | ▲ 459% |
| Other amounts payable47/48 | - | €38,722 | €274,814 | €887,639 | €462,125 | ▼ 47.9% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,422 | €114,749 | -€521,296 | -€115,000 | -€86,940 | ▲ 24.4% |
| + Depreciation and write-downs630 | €28,706 | €37,239 | €25,244 | €26,754 | - | - |
| Operating cash flow (approximation) | €73,128 | €151,988 | -€496,052 | -€88,247 | -€86,940 | ▲ 1.5% |
| Investment in fixed assets (approximation) | - | -€77,109 | - | -€29,990 | - | - |
| Change in cash | - | €150,992 | - | -€61,483 | €14,657 | ▲ 124% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
State Gazette act
Reappointment: Conscius bedrijfsrevisoren (statutory auditor)Permanent representative: Edwin Maes3 facts ▸
State Gazette act
Reappointment: Conscius bedrijfsrevisoren (statutory auditor)
Permanent representative: Edwin Maes3 facts ▸
- General meeting, 05-06-2026
- Auditor reappointment, Conscius bedrijfsrevisoren (statutory auditor)
- Permanent representative, Edwin Maes (permanent representative)
01-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 1 day late
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 57 days late
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
30-09
Financial
Weakest financial yearnet -€521,296
Net result drops to -€521,296, the lowest in the series; recovery starts the following year.
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €114,749 ▲158%
Operating result €153,364, net result €114,749, both a record.
31-12
Financial
Equity above €150,000Eq €183,260 ▲167%
4 profitable years in a row build equity to €183,260.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 11 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
Statutory auditor 1
CONSCIUS BEDRIJFSREVISOREN
CurrentStatutory auditor · since 15-07-2026 · perm. rep.: Edwin Maes
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2003
Ground area
1.1 ha
Building footprint
171 m²
Volume, LiDAR
1,283 m³
Parcel 12422D0476/00K002, Flanders · tallest building 8.6 m, ±3 floors. Linked by address, not a title deed.
20
companies at this address
See who is registered here
1 establishment unit
Hoveniersstraat 15, 2860 Sint-Katelijne-Waver
since 20032.131.920.438
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0476/00K002 | Flanders | 1.1 ha | 1 · 171 m² | 8.6 m · 3 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.
Mandate history
1 person since 2026, 1 in office
- Statutory auditor
| Name | Functions and periods |
|---|---|
| CONSCIUS BEDRIJFSREVISOREN |
|
Structure & network
Part of the group
DE WITTE-DE BLICK
24 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
- DE WITTE-DE BLICK
- VAN RIET
Highest known parent: DE WITTE-DE BLICK. The sources do not say who stands above it.
Owners 2
-
100%
- RUKAparentSourceaccounts RUKA 202596.77%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 957 companies in sector 46319 we hold annual accounts for 610. 418 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-01-2003
Fiscal year end30-09
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478983921
Registered
16-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.