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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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 25 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
Riverthree from Esneux, company number BE0783719022, closed financial year 2026 with a result of € -1,610 after tax. For that financial year Riverthree recorded a gross margin of € 486,647 and equity of € -8,459. Compared with financial year 2025, the result moved from € 5,325 to € -1,610. 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 October 20, 2026.
€ -8,459
▼ € 1,610 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,610
▼ still € 5,325 profit in 2025
Profit after tax over the fiscal year.
€ 49,079
▲ 89% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -26,459.
People and assets in 2026
€ 428,184
▲ 21% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 612
▲ € 503 vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 74,075
▼ 2% vs 2025
€ 43,198 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 109,219
▲ 8% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 87,531
▲ 14% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 265,548 | € 404,450 | € 417,144 | € 486,647 | ▲ 17% |
| Profit after taxes | € -39,994 | € 9,821 | € 5,325 | € -1,610 | ▼ € 6,936 |
| Equity | € -21,994 | € -12,174 | € -6,849 | € -8,459 | ▼ € 1,610 |
| Total debts | € 350,856 | € 319,569 | € 270,301 | € 282,675 | ▲ 5% |
| Cash | € 14,130 | € 13,472 | € 25,972 | € 49,079 | ▲ 89% |
| Retained profit | € -39,994 | € -30,174 | € -24,849 | € -26,459 | ▼ € 1,610 |
| Bank debt | € 91,227 | € 90,388 | € 75,405 | € 74,075 | ▼ 2% |
| Balance sheet total | € 328,862 | € 307,396 | € 263,453 | € 274,216 | ▲ 4% |
| Employees (FTE) | - | 17.8 | 12 | - |
Key figures of Riverthree, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Riverthree?
What happened at Riverthree in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: loss of € 1,610 (▼ € 6,936 vs 2025). Source: NBB ↗
- New establishment in Herve. KBO
- New establishment in Esneux. KBO
- François DEMOULIN became a director. NBB
- Joël RADEMAKER became a director. NBB
- Vincent DAMOISEAU became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,994 loss in 2023 to € 1,610 loss in 2026.
Paid € 147 in corporate taxes since 2023.
Best year ever: 2024, with € 9,821 profit.
On average € 34,800 of value added per employee in 2025.
Management
Behind Riverthree are François DEMOULIN, Joël RADEMAKER and Vincent DAMOISEAU. Joël RADEMAKER is also behind TRAITEUR HERMAN-COMPTOIR GOURMAND, LES COURS TRAITEUR, O'boeuf, LES COURS AIRPORT and D-FACTO. Vincent DAMOISEAU is also behind 3 R.
Directors
According to the 2026 annual accounts
François DEMOULIN
Director
since 2022
Joël RADEMAKER
Director
Also active at: TRAITEUR HERMAN-COMPTOIR GOURMAND, LES COURS TRAITEUR, O'boeuf, LES COURS AIRPORT, D-FACTO
since 2022
since 2022
Establishments
Establishment units
Physical locations of this company
Place du Roi Albert 4
4130 Esneux
Rue de Chesseroux 26
4651 Herve
Active since 12 April 2022
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
- 0783.719.022
- VAT number
- BE 0783.719.022
- Registered office
- Place du Roi Albert 4, 4130 Esneux
- Names & denominations
- Riverthree
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 2022
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
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