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RheaVita

Active
Private limited companyfounded 2018active for 8 yearsPoortakkerstraat 9B-9C, 9051 Gent, BelgiumKBO/BCE: BE 0695.884.829
Summary

RheaVita has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.9m and a net result of -€1.6m. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 89% of 9,615 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222Manufacture of machinery and equipment not elsewhere classified NACE 28990
1 site
Size
€322,343turnover 2025
Staff
4.4 FTE
Equity
€6.9m
Loss
-€1.6m
Equity +63%: capital increase
Financial health
86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Largest shareholder
Participatiemaatschappij Vlaanderen · 21.84%
Board
5 members
Accounts filed 5 days late
Why 86raises riskLoss of €1.6m, the second in a row (financial year 2025)lowers riskLiquidity: current ratio 4.42, cash €2.7mFigures for financial year 2025 (filed 05-08-2026)Equity €6.9m (82.6% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100+3
equity 82.6% of total assets
Liquidity 90+14
short-term debt 9.3% · cash 32.0%
Profitability 0=
return on assets -19.1%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,541 companies, NACE 43, micro)
Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.2%▲ +0.1 percentage points vs 04-2025 06-2025: 1.4%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 0.8%▼ -0.6 percentage points vs 06-2025 08-2025: 0.8%● unchanged vs 07-2025 09-2025: 0.8%● unchanged vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.7%▼ -0.1 percentage points vs 01-2026 03-2026: 0.8%▲ +0.1 percentage points vs 02-2026 04-2026: 0.9%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.4 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 0.3%▼ -0.7 percentage points vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity ample (current ratio 4.42, compared with 3.33 in 2024; short-term debt: 9.3% and cash: 32% of total assets), and 17.4% of the assets are financed with debt.
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 43, micro): better than 90% on solvency, 87% on liquidity, 4% on profitability and 46% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €1.6m, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.42, cash €2.7m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 05-08-2026)
NBB · annual accounts
lowers risk · Equity €6.9m (82.6% of total assets)
NBB · annual accounts
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filings
Deviation from the deadline
2025
5 days late
2024
56 days early
2023
56 days early
2022
46 days early
2021
100 days late
2020
15 days early
2019
28 days 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 14 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 15 June (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Resignation: Mobio Consult BV (director)Permanent representatives: Kjell Mortier and…
  3. Equity above €5mequity €6.9m ▲63.1%

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2025 -€1.6m View
  • Caution: Among the weakest 5% on net resultsector median €27,560 · 9,608 companies -€1.6m View
  • Caution: Turnover fell in 2025from €672,227 to €322,343 ▼ 52.0% View
  • Board changedlatest change 14-01-2026 · 5 in office 1 joined · 1 left View
  • EU supportawarded 2023 - 2024 €180,001 View

By topic

Financials

Financial year
2025
Turnover
€322,343
Loss
-€1.6m
Solvency
82.6%
Turnover▼ 52.0%
Net result
20192025
Go to Financials

Board & ownership

Board
5 members
Largest shareholder
Participatiemaatschappij Vlaanderen · 21.84%
  • PARTICIPATIEMAATSCHAPPIJ VLAANDERENDirector
  • BAM Consult bvDirector
  • THOMAS DE BEER CONSULTING BVDirector
  • QBIC VENTURE PARTNERS IIIDirector
  • Novalis II General Partner BVDirector
Go to Board & ownership

Timeline

Events
29
Since
2018
Next accounts
by 31-07-2027
  1. 10-06-2025Resignations: OMNIAFLUENS B.V., THOMAS DE BEER CONSULTING…
  2. 05-06-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
14-05-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
A. de ontwikkeling, productie, verkoop, service en exploitatie van producten, processen en…
Go to Articles of association

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