Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RISTALO from Erpe-Mere, company number BE0774278546, closed financial year 2025 with a result of € -6,489 after tax. For that financial year RISTALO recorded a gross margin of € 18,696 and equity of € -26,085. Compared with financial year 2024, the result moved from € 1,002 to € -6,489. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ -26,085
▼ € 6,489 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,489
▼ still € 1,002 profit in 2024
Profit after tax over the fiscal year.
€ 4,064
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -31,085.
Debts at end 2025
€ 203,410
▼ 4% vs 2024
€ 99,515 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 30
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,357 | € 30,507 | € 19,848 | € 18,696 | ▼ 6% |
| Profit after taxes | € -37,315 | € 11,717 | € 1,002 | € -6,489 | ▼ € 7,490 |
| Equity | € -32,315 | € -20,597 | € -19,596 | € -26,085 | ▼ € 6,489 |
| Total debts | € 346,637 | € 341,967 | € 310,756 | € 300,616 | ▼ 3% |
| Cash | € 9,425 | € 24,593 | € 7,528 | € 4,064 | ▼ 46% |
| Land & buildings | € 303,920 | € 295,698 | € 282,496 | € 269,294 | ▼ 5% |
| Retained profit | € -37,315 | € -25,597 | € -24,596 | € -31,085 | ▼ € 6,489 |
| Bank debt | € 231,068 | € 221,994 | € 212,775 | € 203,410 | ▼ 4% |
| Balance sheet total | € 314,323 | € 321,369 | € 291,160 | € 274,531 | ▼ 6% |
Key figures of RISTALO, 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 RISTALO?
What happened at RISTALO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,489 (▼ € 7,490 vs 2024). filed late Source: NBB ↗
- New establishment in Erpe-Mere. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,315 loss in 2022 to € 6,489 loss in 2025.
Best year ever: 2023, with € 11,717 profit.
Management
The stake of AD LIBIDUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RISTALOBehind RISTALO is Ad Libidum BV. The shares are held by AD LIBIDUM (100%).
Directors
According to the 2025 annual accounts
Director · represented by Stef Schollaert
Also active at: IMTEK, Topaert, Kast Invest, Imtek Projectontwikkeling, Koninklijke Eendracht Aalst Lede
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Jeruzalemstraat 165
9420 Erpe-Mere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →KATINCO
€ -13,957 gross margin · 2025
IMTEK same network
€ -1,406 gross margin · 2025
Topaert same network
€ -199 gross margin · 2025
Kast Invest same network
€ -1,425 gross margin · 2025
Imtek Projectontwikkeling same network
€ -11,264 gross margin · 2025
+1 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
- 0774.278.546
- VAT number
- BE 0774.278.546
- Registered office
- Jeruzalemstraat 165, 9420 Erpe-Mere
- Names & denominations
- RISTALO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2021
- Peppol
- Active · Active since 13 Feb 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen