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 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Rhino Boulder Gym from Gent, company number BE0738477727, closed financial year 2025 with a result of € 2.9 million after tax. For that financial year Rhino Boulder Gym recorded a gross margin of € 795,813 and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 1.2 million to € 2.9 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 6.2 million
▲ 78% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.9 million
▲ 135% vs 2024
Profit after tax over the fiscal year.
€ 95,765
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
5 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
6.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 332,475
▲ 27% vs 2024
€ 50,400 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.
€ 11,081
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.3 million
▼ 47% vs 2024
€ 1.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 118,849
▲ 124% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 56,600
▲ 104% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 671,608 | € 1,100,161 | € 976,145 | € 795,813 | ▼ 18% |
| Profit after taxes | € 840,017 | € 1,184,264 | € 1,216,745 | € 2,855,022 | ▲ 135% |
| Equity | € 1,076,762 | € 2,261,027 | € 3,477,771 | € 6,182,793 | ▲ 78% |
| Total debts | € 8,224,979 | € 7,226,804 | € 6,367,575 | € 3,585,815 | ▼ 44% |
| Cash | € 95,113 | € 64,092 | € 90,360 | € 95,765 | ▲ 6% |
| Land & buildings | € 1,513,692 | € 1,423,101 | € 1,352,667 | € 1,265,240 | ▼ 6% |
| Retained profit | € 981,762 | € 2,166,027 | € 3,382,771 | € 6,087,793 | ▲ 80% |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Bank debt | € 8,072,808 | € 7,102,813 | € 6,237,564 | € 3,324,030 | ▼ 47% |
| Balance sheet total | € 9,301,741 | € 9,487,831 | € 9,845,346 | € 9,768,608 | ▼ 1% |
| Employees (FTE) | 2.4 | 5.1 | 6.4 | 6.6 | ▲ 0.2 |
Key figures of Rhino Boulder Gym, 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 Rhino Boulder Gym?
What happened at Rhino Boulder Gym in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2.9 million (▲ 135% vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Funlife Ventures BV became a director. NBB
- Forino Climbing Partners BV became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 840,017 profit in 2022 to € 2.9 million profit in 2025.
Paid € 326,034 in corporate taxes since 2022.
Best year ever: 2025, with € 2.9 million profit.
On average € 120,600 of value added per employee in 2025.
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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 Rhino Boulder Gym are Funlife Ventures BV and Forino Climbing Partners BV. It owns 100% of Bleau itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Van Hecke Jan
since 2025
since 2025
Establishments
Establishment units
Physical locations of this company
Kaarderijstraat 69
9000 Gent
Brusselsesteenweg 602 box 5A
9050 Gent
Active since 31 October 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0738.477.727
- VAT number
- BE 0738.477.727
- Registered office
- Kaarderijstraat 69, 9000 Gent
- Names & denominations
- Rhino Boulder Gym
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 November 2019
- Peppol
- Active · Active since 19 Aug 2025
- Activities · NACE
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