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RIGA TERMINALS

Active
Public limited companyfounded 1947active for 79 yearsLuithagen-Haven 9, 2030 Antwerpen, Belgium33 active companies are registered at this addressKBO/BCE: BE 0404.752.888
Summary

RIGA TERMINALS has been active since 1947 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15,966 and a net result of €209,148. Equity is shrinking by about 41% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 10% of 857 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Risk analysisFollow ReportCompare
RIGA TERMINALSActiveChecked score 67/100
Risk analysis ReportCompare

Overview

Activity
Warehousing and support activities for transportation
NACE 52241Logistics services NACE 52250
1 site
Size
€2.0mtotal assets 2025
Staff
25.7 FTE
Equity
€15,966
Profit
€209,148
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
Seaport Terminals Belgium · 100%
Auditor: Ernst & Young BedrijfsrevisorenAccounts 18 days early1 of 16 deeds read
Why 67raises riskEquity €15,966 (0.8% of total assets)Sector: Warehousing and support activities for transportation (NACE 52)Liquidity: current ratio 2.86lowers riskProfit of €209,148 (financial year 2025)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 69% of its sector peers (NACE 52, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 26+12
equity 0.8% of total assets
Liquidity 72+4
short-term debt 32.3%
Profitability 82+75
return on assets 10.4%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (598 companies, NACE 52, small)
Last 24 months 11-2024: 3.8% 12-2024: 3.8%● unchanged vs 11-2024 01-2025: 3.8%● unchanged vs 12-2024 02-2025: 3.8%● unchanged vs 01-2025 03-2025: 3.8%● unchanged vs 02-2025 04-2025: 3.8%● unchanged vs 03-2025 05-2025: 3.8%● unchanged vs 04-2025 06-2025: 3.8%● unchanged vs 05-2025 07-2025: 4.0%▲ +0.2 percentage points vs 06-2025 08-2025: 5.3%▲ +1.3 percentage points vs 07-2025 09-2025: 5.3%● unchanged vs 08-2025 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.3%● unchanged vs 11-2025 01-2026: 5.3%● unchanged vs 12-2025 02-2026: 5.4%▲ +0.1 percentage points vs 01-2026 03-2026: 5.4%● unchanged vs 02-2026 04-2026: 5.4%● unchanged vs 03-2026 05-2026: 5.4%● unchanged vs 04-2026 06-2026: 5.4%● unchanged vs 05-2026 07-2026: 5.4%● unchanged vs 06-2026highest value 08-2026: 1.1%▼ -4.3 percentage points vs 07-2026lowest value 09-2026: 1.1%● unchanged vs 08-2026lowest value 10-2026: 1.1%● unchanged vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.86, compared with 2.58 in 2024, above the usual 1.5; short-term debt: 32.3% of total assets), but 99.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, small): better than 11% on solvency, 89% on liquidity, 81% on profitability and 94% on growth.

The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €15,966 (0.8% of total assets)
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
raises risk · Liquidity: current ratio 2.86
NBB · annual accounts
lowers risk · Profit of €209,148 (financial year 2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 857 sector peers (2025).
NBB · sector comparison
Position among 857 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
24 days early
2023
1 day early
2022
22 days late
2021
2 days late
2020
18 days late
2019
12 days late
← 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 2 days after the deadline; the sector median (NACE 52) for financial year 2024 is 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointment: Ernst & Young Bedrijfsrevisoren (statutory…Permanent representative: Ronald Van den…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Back to profitnet €209,148

Key points

  • Positive: Back in profit in 2025after -€171,443 in 2024 €209,148 View
  • Caution: Among the weakest 10% on solvencysector median 38.0% · 857 companies 0.8% View
  • Controlled by Seaport Terminals Belgiumultimately: Katoen Natie Group SA 100% View
  • Active since 1947founded 28-05-1947 79 years View

By topic

Financials

Financial year
2025
Total assets
€2.0m
Profit
€209,148
Solvency
0.8%
Turnover▲ 8.5%
Net result
20182021
Go to Financials

Board & ownership

Parent
Seaport Terminals Belgium · 100%
Auditor
Ernst & Young Bedrijfsrevisoren
Go to Board & ownership

Timeline

Events
52
Since
1978
Next accounts
by 31-07-2027
  1. 07-07-2025Annual accounts filed
  2. 30-07-2024Annual accounts filed
  3. 22-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Warehousing and support activities for transportationNACE 52241
Founded
28-05-1947
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about RIGA TERMINALS

What is the company number of RIGA TERMINALS?
0404.752.888. In Belgium the VAT number is the company number with BE in front: BE 0404.752.888.
Where is RIGA TERMINALS based?
The registered office is at Luithagen-Haven 9, 2030 Antwerpen.Company details
What does RIGA TERMINALS do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52241).
What is the legal form of RIGA TERMINALS?
Public limited company (NV).
When was RIGA TERMINALS founded?
On 28-05-1947.
Is RIGA TERMINALS still active?
Yes, RIGA TERMINALS is an active enterprise in the KBO register.
How many employees does RIGA TERMINALS have?
On average 25.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RIGA TERMINALS?
€6.1m in financial year 2021, according to the filed annual accounts.
Is RIGA TERMINALS profitable?
In financial year 2025, RIGA TERMINALS made a profit of €209,148.
Where can I find the annual accounts of RIGA TERMINALS?
RIGA TERMINALS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RIGA TERMINALS due?
By 31-07-2027, for financial year 2026.Timeline

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