Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RIOVA from Gent, company number BE0425194154, closed financial year 2025 with a result of € -99,022 after tax. For that financial year RIOVA recorded a gross margin of € 76,832 and equity of € 835,264. Compared with financial year 2024, the result moved from € -9,922 to € -99,022. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 5, 2026.
€ 835,264
▼ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -99,022
▼ 898 % more loss than in 2024
Profit after tax over the fiscal year.
€ 6,949
▲ € 5,892 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 760,896.
People and assets in 2025
€ 1,781
▲ 60% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 65,795
▲ 229% vs 2024
€ 33,487 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 293,309
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 114,104
▲ 108% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -32,308 | € 44,550 | € 53,210 | € 76,832 | ▲ 44% |
| Profit after taxes | € -60,765 | € 57,002 | € -9,922 | € -99,022 | ▼ € 89,100 |
| Equity | € 887,205 | € 944,207 | € 934,286 | € 835,264 | ▼ 11% |
| Total debts | € 353,749 | € 129,536 | € 255,623 | € 664,747 | ▲ 160% |
| Cash | € 33,382 | € 2,251 | € 1,057 | € 6,949 | ▲ € 5,892 |
| Land & buildings | € 635,776 | € 618,240 | € 602,630 | € 584,894 | ▼ 3% |
| Retained profit | € 812,837 | € 869,839 | € 859,918 | € 760,896 | ▼ 12% |
| Bank debt | € 0 | € 0 | € 19,986 | € 65,795 | ▲ 229% |
| Balance sheet total | € 1,240,954 | € 1,073,743 | € 1,189,909 | € 1,500,011 | ▲ 26% |
Key figures of RIOVA, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to RIOVA?
What happened at RIOVA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 99,022. filed late Source: NBB ↗
- New establishment in Laarne. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 60,765 loss in 2022 to € 99,022 loss in 2025.
Paid € 192,897 in corporate taxes since 2022.
Best year ever: 2023, with € 57,002 profit.
Management
Behind RIOVA are Guillaume Temmerman and Wesley Temmerman.
Directors
According to the 2025 annual accounts
Guillaume Temmerman
Managing director
Wesley Temmerman
Director
Establishments
Establishment units
Physical locations of this company
Antwerpsesteenweg 852
9040 Gent
Heirweg 13
9270 Laarne
Active since 1 January 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.194.154
- VAT number
- BE 0425.194.154
- Registered office
- Antwerpsesteenweg 852, 9040 Gent
- Names & denominations
- RIOVA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 1983
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in afval en schroot, neg
Groothandel in afval en schroot, n.e.g.
Groothandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)