Riels
ActiveSummary
Riels has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €48k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+16
Solvency100▲+17
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 6.26 against 2.72 in 2024; short-term debt: 15.3% and cash: 85.5% of total assets), and 20.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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
79.8%
Return on assets
22.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-02-2026, 66 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
66 d early
2024
55 d early
2023
69 d early
2022
68 d early
2021
71 d early
2020
66 d early
2019
63 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€171k▲ 37.4%
2024 · €125k
2018: €61k
2019: €71k
2020: €78k
2021: €84k
2022: €95k
2023: €105k
2024: €125k
2018 → 2025
Total assets
€215k▼ 0.3%
2024 · €216k
2018: €175k
2019: €143k
2020: €144k
2021: €163k
2022: €201k
2023: €206k
2024: €216k
2018 → 2025
Net result
€48k▲ 128%
2024 · €21k
2018: €85k
2019: €10k
2020: €7k
2021: €7k
2022: €11k
2023: €12k
2024: €21k
2018 → 2025
Working capital
€173k▲ 54.6%
2024 · €112k
2018: €51k
2019: €59k
2020: €73k
2021: €88k
2022: €95k
2023: €86k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€95k▲ 12.8%€105k▲ 10.7%€125k▲ 18.6%€171k▲ 37.4%
Operating result€-22k-€16k€17k▲ 6.6%€34k▲ 98.0%€69k▲ 106%
Net result€7k-€11k▲ 62.3%€12k▲ 9.2%€21k▲ 80.7%€48k▲ 128%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €215k
Fixed assets
€9k ▼ 75.7%
Current assets
€205k ▲ 16.3%
Equity and liabilities €215k
Equity
€171k ▲ 37.4%
Debt
€44k ▼ 52.1%
Debt's share of the balance-sheet total falls from 42.1% to 20.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €54k
Cash flow
€62k▲
2024 · €42k
Current ratio
6.26▲
2024 · 2.72
Debt to equity
0.25▼
2024 · 0.73
ROE
28.2%▲
2024 · 17.0%
ROA
22.5%▲
2024 · 9.8%
Interest coverage
38.58▲
2024 · 17.59
Debt ≤ 1 year
€33k▼
2024 · €65k
Debt > 1 year
€11k▼
2024 · €26k
Income taxes
€20k▲
2024 · €10k
Staff costs
€47k▼
2024 · €75k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€216k€215k▼
Fixed assets21/28€39k€9k▼
Tangible fixed assets22/27€39k€9k▼
Plant, machinery and equipment23€11k-
Furniture and vehicles24€23k€9k▼
Other tangible fixed assets26€5k-
Current assets29/58€177k€205k▲
Amounts receivable within one year40/41€750€1k▲
Trade receivables40€698€906▲
Other amounts receivable41€52€269▲
Current investments50/53€20k€20k▲
Cash at bank and in hand54/58€155k€184k▲
Deferred charges and accrued income490/1€546€148▼
Equity and liabilities
Total equity and liabilities10/49€216k€215k▼
Equity10/15€125k€171k▲
Contributions10/11€6k€6k=
Reserves13€119k€165k▲
Distributable reserves133€119k€165k▲
Amounts payable17/49€91k€44k▼
Amounts payable after more than one year17€26k€11k▼
Financial debts170/4€26k€11k▼
Amounts payable within one year42/48€65k€33k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€14k€644▼
Suppliers440/4€14k€644▼
Taxes, remuneration and social security45€31k€13k▼
Taxes450/3€21k€10k▼
Remuneration and social security454/9€10k€3k▼
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Remuneration, social security and pensions62€75k€47k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€14k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€133k€133k=
Operating profit (loss)9901€34k€69k▲
Financial income75/76B€666€1k▲
Recurring financial income75€666€1k▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€31k€68k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€21k€48k▲
Profit (loss) for the period to be appropriated9905€21k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€48k▲
Transfer to equity691/2€20k€47k▲
To other reserves6921€20k€47k▲
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (7 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
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 6.26
Current ratio from 2.72 to 6.26; short-term debt falls from €65k to €33k.
30-09
Financial
Equity above €150kEq €171k ▲37.4%
8 profitable years in a row build equity to €171k.
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €100kEq €105k ▲10.7%
6 profitable years in a row build equity to €105k.
21-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €7k ▼4.7%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
23-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dendermonde · 1 establishment unit since 2017
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.
Hoeksken (STG) 669200 DendermondeGround area
1,361 m²
Building footprint
242 m²
Volume, LiDAR
995 m³
Parcel 42021A0587/02C000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
't Oud Gemeentehuis
since 20172.260.511.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0587/02C000 | Flanders | 1,361 m² | 1 · 242 m² | 6.6 m · 1 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
CW & YY
BE 0793.457.327
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PALAIS DE CHINE CHEN-XU
BE 0780.793.580
Stavelot · Eq €171,343
Hula
BE 0505.803.827
Kortrijk · Eq €171,563
De Demoors
BE 0644.804.530
Nieuwpoort · Eq €171,277
UW ZUSTER
BE 0795.417.717
Hasselt · Eq €171,606
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,848 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2017
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:els.balette@telenet.be
Phone:053 43 44 50