Financials
Financial year 2025
RIF from Gent, company number BE0437878982, closed financial year 2025 with a result of € 25,284 after tax. For that financial year RIF recorded a gross margin of € 86,364 and equity of € 303,778. Compared with financial year 2024, the result moved from € 84,890 to € 25,284. The company is profitable. 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 June 18, 2026.
€ 303,778
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,284
▼ 70% vs 2024
Profit after tax over the fiscal year.
€ 215,732
▲ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 83,438 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 10,163
▼ 67% vs 2024
Loans from banks and other lenders, long and short.
€ 1,656
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,959
▼ 71% 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 | € 79,037 | € 94,599 | € 96,304 | € 86,364 | ▼ 10% |
| Profit after taxes | € 24,760 | € 81,248 | € 84,890 | € 25,284 | ▼ 70% |
| Equity | € 239,629 | € 320,876 | € 361,933 | € 303,778 | ▼ 16% |
| Total debts | € 283,381 | € 193,995 | € 163,413 | € 20,326 | ▼ 88% |
| Cash | € 21,022 | € 42,264 | € 129,815 | € 215,732 | ▲ 66% |
| Land & buildings | € 147,972 | € 126,219 | € 109,678 | € 103,770 | ▼ 5% |
| Retained profit | € 221,029 | € 302,276 | € 343,333 | € 285,178 | ▼ 17% |
| Dividend | € 130,886 | € 0 | € 43,834 | € 83,438 | ▲ 90% |
| Bank debt | € 76,184 | € 52,169 | € 30,379 | € 10,163 | ▼ 67% |
| Balance sheet total | € 523,010 | € 514,871 | € 525,346 | € 324,103 | ▼ 38% |
Key figures of RIF, 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 RIF?
What happened at RIF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,284 (▼ 70% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,760 profit in 2022 to € 25,284 profit in 2025.
Paid € 79,336 in corporate taxes since 2022.
Best year ever: 2024, with € 84,890 profit.
Paid out € 258,159 in dividends to the owners in total.
Management
Behind RIF are ELS VERZELE, FRANK VERZELE, MARIE ANNE VAN HAUTE and BEN VERZELE. It owns GRINST itself.
Directors
According to the 2025 annual accounts
ELS VERZELE
Manager
MARIE ANNE VAN HAUTE
Manager
BEN VERZELE
Manager
Establishments
Establishment units
Physical locations of this company
Stormvogelstraat 23
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.878.982
- VAT number
- BE 0437.878.982
- Registered office
- Stormvogelstraat 23, 9000 Gent
- Names & denominations
- RIF
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1989
- Peppol
- Active · Active since 27 Oct 2026
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