Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
RIVECO from Wingene, company number BE0722962972, closed financial year 2024 with a result of € 44,799 after tax. For that financial year RIVECO recorded a gross margin of € 178,906 and equity of € 415,885. Compared with financial year 2023, the result moved from € 81,007 to € 44,799. 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 September 30, 2025.
€ 415,885
▲ 12% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 44,799
▼ 45% vs 2023
Profit after tax over the fiscal year.
€ 82,833
▲ 110% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 397,285.
People and assets in 2024
€ 58,518
▼ 24% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 140,000
Loans from banks and other lenders, long and short.
€ 1,077
▼ 35% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 103,560
▼ 38% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 252,924 | € 111,148 | € 261,164 | € 178,906 | ▼ 31% |
| Profit after taxes | € 155,242 | € 55,874 | € 81,007 | € 44,799 | ▼ 45% |
| Equity | € 234,205 | € 290,079 | € 371,086 | € 415,885 | ▲ 12% |
| Total debts | € 811,408 | € 987,313 | € 1,679,154 | € 1,595,349 | ▼ 5% |
| Cash | € 156,930 | € 20,917 | € 39,493 | € 82,833 | ▲ 110% |
| Land & buildings | € 684,010 | € 668,680 | € 653,350 | € 637,865 | ▼ 2% |
| Retained profit | € 215,605 | € 271,479 | € 352,486 | € 397,285 | ▲ 13% |
| Bank debt | € 140,000 | € 140,000 | € 140,000 | € 140,000 | |
| Balance sheet total | € 1,045,613 | € 1,277,392 | € 2,050,241 | € 2,011,234 | ▼ 2% |
Key figures of RIVECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to RIVECO?
What happened at RIVECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 44,799 (▼ 45% vs 2023). filed late Source: NBB ↗
- New establishment in Wingene. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,242 profit in 2021 to € 44,799 profit in 2024.
Paid € 270,346 in corporate taxes since 2021.
Best year ever: 2021, with € 155,242 profit.
A new publication or filing at RIVECO? We notify you, reason included.
Follow RIVECODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind RIVECO is Rik Vervisch. Rik Vervisch is also behind INSULO and Volleybal Sport Vereniging.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Tivolistraat 12
8755 Wingene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0722.962.972
- VAT number
- BE 0722.962.972
- Registered office
- Tivolistraat 12, 8755 Wingene
- Names & denominations
- RIVECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 March 2019
- Peppol
- Active · Active since 9 Sept 2025
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Overige zakelijke dienstverlening, neg
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen