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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Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
RIVVAS from Charleroi, company number BE0671701541, closed financial year 2025 with a result of € 44,127 after tax. For that financial year RIVVAS recorded a gross margin of € 494,935 and equity of € 135,026. Compared with financial year 2024, the result moved from € 82,961 to € 44,127. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 135,026
▲ 49% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,127
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 83,509
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -64,974.
People and assets in 2025
16.5
▲ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 363,705
▲ 1% vs 2024
€ 22,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,059
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 52,778
▼ 55% vs 2024
€ 16,667 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 271,342
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 81,285
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,338,325 | € 3,936,767 | - | - | |
| Gross margin | € 424,542 | € 653,665 | € 522,225 | € 494,935 | ▼ 5% |
| Profit after taxes | € 35,668 | € 303,027 | € 82,961 | € 44,127 | ▼ 47% |
| Equity | € -295,088 | € 7,938 | € 90,899 | € 135,026 | ▲ 49% |
| Total debts | € 827,191 | € 578,887 | € 567,335 | € 414,709 | ▼ 27% |
| Cash | € 19,230 | € 53,687 | € 115,551 | € 83,509 | ▼ 28% |
| Retained profit | € -495,088 | € -192,062 | € -109,101 | € -64,974 | ▲ € 44,127 |
| Bank debt | € 310,665 | € 184,095 | € 116,961 | € 52,778 | ▼ 55% |
| Balance sheet total | € 532,103 | € 586,825 | € 658,233 | € 549,735 | ▼ 16% |
| Employees (FTE) | 14.7 | 14.2 | 15.2 | 16.5 | ▲ 1.3 |
Key figures of RIVVAS, 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 October 2026.
What happened to RIVVAS?
What happened at RIVVAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 44,127 (▼ 47% vs 2024). Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
In short
From € 35,668 profit in 2022 to € 44,127 profit in 2025.
Best year ever: 2023, with € 303,027 profit.
On average € 30,000 of value added per employee in 2025.
Management
Behind RIVVAS is ABDULCERIM SALIHU. ABDULCERIM SALIHU is also behind BIGAL, LORIIK, ANAA and TOOBRO-INVEST.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Place Verte 20 box 6
6000 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →IMPEX
€ 58,918 gross margin · 2025
BL BIJOUX
€ 77,296 gross margin · 2025
FOX RIVE GAUCHE
€ 134,922 gross margin · 2025
BK RIVE
€ 504,974 gross margin · 2025
AK.SA.
€ -403 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0671.701.541
- VAT number
- BE 0671.701.541
- Registered office
- Place Verte 20 bus 6, 6000 Charleroi
- Names & denominations
- RIVVAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 February 2017
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte = 2500 m²)
Groothandel in groenten en fruit, muv consumptieaardappelen
Groothandel in consumptieaardappelen
Detailhandel in wijnen en geestrijke dranken
Detailhandel in groenten en fruit