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.
Financials
Financial year 2025
RIFRAR from Linkebeek, company number BE0428199570, closed financial year 2025 with a result of € -101,537 after tax. For that financial year RIFRAR recorded a gross margin of € -34,646 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € -60,605 to € -101,537. 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 July 8, 2026.
€ 1.2 million
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -101,537
▼ 68 % more loss than in 2024
Profit after tax over the fiscal year.
€ 284,594
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 423,666.
People and assets in 2025
€ 41,676
▲ € 39,943 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,582
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 | € -20,866 | € -6,146 | € -1,597 | € -34,646 | ▼ € 33,050 |
| Profit after taxes | € -80,334 | € -66,391 | € -60,605 | € -101,537 | ▼ € 40,932 |
| Equity | € 1,408,400 | € 1,342,008 | € 1,281,403 | € 1,179,866 | ▼ 8% |
| Total debts | € 51,787 | € 73,738 | € 133,081 | € 196,809 | ▲ 48% |
| Cash | € 337,002 | € 347,460 | € 393,602 | € 284,594 | ▼ 28% |
| Land & buildings | € 1,139,656 | € 1,084,743 | € 1,033,462 | € 982,182 | ▼ 5% |
| Retained profit | € 652,200 | € 585,808 | € 525,203 | € 423,666 | ▼ 19% |
| Balance sheet total | € 1,489,190 | € 1,439,623 | € 1,434,143 | € 1,392,115 | ▼ 3% |
Key figures of RIFRAR, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RIFRAR?
What happened at RIFRAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 101,537. Source: NBB ↗
- Frédéric Szechtman became a director. NBB
- New establishment in Linkebeek. KBO
- Rita Verschelden became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 80,334 loss in 2022 to € 101,537 loss in 2025.
Paid € 501 in corporate taxes since 2022.
Management
Behind RIFRAR are Frédéric Szechtman and Rita Verschelden.
Directors
According to the 2025 annual accounts
Frédéric Szechtman
Director
since 2000
Rita Verschelden
Director
since 1985
Establishments
Establishment units
Physical locations of this company
Vijversdreef 24
1630 Linkebeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0428.199.570
- VAT number
- BE 0428.199.570
- Registered office
- Vijversdreef 24, 1630 Linkebeek
- Names & denominations
- RIFRAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 1985
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
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