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 63 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RIVER ZAC from Hamoir, company number BE0732621895, closed financial year 2025 with a result of € -2,894 after tax. For that financial year RIVER ZAC recorded a gross margin of € 28,670 and equity of € 63,510. Compared with financial year 2024, the result moved from € 2,952 to € -2,894. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 63,510
▲ € 54,606 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,894
▼ still € 2,952 profit in 2024
Profit after tax over the fiscal year.
€ 2,779
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3,510.
Debts at end 2025
€ 230,288
▼ 9% vs 2024
€ 24,709 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 11,647
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 41,820 | € 29,947 | € 33,241 | € 28,670 | ▼ 14% |
| Profit after taxes | € 9,982 | € 2,468 | € 2,952 | € -2,894 | ▼ € 5,846 |
| Equity | € 3,485 | € 5,953 | € 8,904 | € 63,510 | ▲ € 54,606 |
| Total debts | € 335,644 | € 312,151 | € 294,120 | € 301,150 | ▲ 2% |
| Cash | € 3,163 | € 2,315 | € 8,561 | € 2,779 | ▼ 68% |
| Land & buildings | € 332,822 | € 313,299 | € 293,775 | € 274,349 | ▼ 7% |
| Retained profit | € 985 | € 3,453 | € 6,404 | € 3,510 | ▼ 45% |
| Bank debt | € 296,750 | € 274,912 | € 252,759 | € 230,288 | ▼ 9% |
| Balance sheet total | € 339,129 | € 318,104 | € 303,024 | € 364,660 | ▲ 20% |
Key figures of RIVER ZAC, 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 RIVER ZAC?
What happened at RIVER ZAC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,895 (▼ € 5,846 vs 2024). filed late Source: NBB ↗
- CONCEPTIONS IMMOBILIERES SILVESTRE SRL became a director. NBB
- JACADIT SRL became a director. NBB
- New establishment in Hamoir. KBO
- P&CO Management SARL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,982 profit in 2022 to € 2,895 loss in 2025.
Paid € 1,851 in corporate taxes since 2022.
Best year ever: 2022, with € 9,982 profit.
Management
Behind RIVER ZAC are CONCEPTIONS IMMOBILIERES SILVESTRE SRL, JACADIT SRL and P&CO Management SARL. The shares are held by CONCEPTIONS IMMOBILIERES SILVESTRE, Samuel POTTY, JACADIT and Virginie BREUGELMANS.
Directors
According to the 2025 annual accounts
CONCEPTIONS IMMOBILIERES SILVESTRE SRL
Director · represented by Laurent Silvestre
Also active at: TESIBAT
since 2026
since 2026
P&CO Management SARL
Managing director · represented by POTTY Samuel
Also active at: LENS CAR, P&CO Development, KAR3S, P&CO INVEST, P&CO IMMO4
since 2019
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de l'Ourthe 23
4180 Hamoir
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0732.621.895
- VAT number
- BE 0732.621.895
- Registered office
- Avenue de l'Ourthe 23, 4180 Hamoir
- Names & denominations
- RIVER ZAC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 2019
- Peppol
- Active · Active since 1 Dec 2025
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