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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 211,058.2 to 8.4.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Rhisninter from Ottignies-Louvain-la-Neuve, company number BE0833890588, closed financial year 2025 with a result of € -658,905 after tax. For that financial year Rhisninter recorded a gross margin of € -116,362 and equity of € -1.6 million. Compared with financial year 2024, the result moved from € -557,152 to € -658,905. 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 August 19, 2026.
€ -1.6 million
▼ € 658,905 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -658,905
▼ 18 % more loss than in 2024
Profit after tax over the fiscal year.
€ 133,009
▼ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
8.4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 269,029
▲ 6% vs 2024
€ 32,000 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.
€ 18,110
▼ 58% vs 2024
Of which on lease € 15,593.
Debts at end 2025
€ 36,280
▼ 34% vs 2024
€ 20,441 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2.1 million
▲ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,056
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 105,380 | € -45,236 | € -223,790 | € -116,362 | ▲ € 107,427 |
| Profit after taxes | € -142,330 | € -450,459 | € -557,152 | € -658,905 | ▼ € 101,753 |
| Equity | € 72,440 | € -378,019 | € -935,170 | € -1,594,075 | ▼ € 658,905 |
| Total debts | € 689,889 | € 2,653,979 | € 1,739,928 | € 2,366,119 | ▲ 36% |
| Cash | € 94,539 | € 1,494,722 | € 310,872 | € 133,009 | ▼ 57% |
| Land & buildings | € 1,632 | € 353 | - | - | |
| Retained profit | € -27,560 | € -478,019 | € -1,035,170 | € -1,694,075 | ▼ € 658,905 |
| Bank debt | € 145,664 | € 107,267 | € 55,352 | € 36,280 | ▼ 34% |
| Balance sheet total | € 762,329 | € 2,275,960 | € 804,758 | € 772,043 | ▼ 4% |
| Employees (FTE) | 5.9 | 211,058.2 | 8.7 | 8.4 | ▼ 0.3 |
Key figures of Rhisninter, 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 Rhisninter?
What happened at Rhisninter in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 658,905. filed late Source: NBB ↗
- New establishment in La Bruyère. KBO
- Start of the company according to the CBE. KBO
In short
From € 142,330 loss in 2022 to € 658,905 loss in 2025.
On average € 17,900 of value added per employee in 2022.
Management
The stake of AJD & Co comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RhisninterBehind Rhisninter are MARTIN STAELENS and CEDRIC DEGAVRE. The shares are held by AJD & Co (100%).
Directors
According to the 2025 annual accounts
MARTIN STAELENS
Director
Also active at: ITM ALIMENTAIRE BELGIUM, ALIWAR, INTERMADIS, JEREMIL, EMCA Distribution, AJD & Co, HANIMMO, WATEA +9 more
CEDRIC DEGAVRE
Director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue du Bosquet 4
1348 Ottignies-Louvain-la-Neuve
Rue Aux-Cailloux, Rhisnes 34
5080 La Bruyère
Active since 31 May 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →I.T.M. BELGIUM
€ 10.4 million revenue · 2025
ITM Management
€ 1.5 million gross margin · 2025
IMMO AVAL BELGIUM
€ 4.8 million revenue · 2025
ITM ALIMENTAIRE BELGIUM same network
€ 1.4 billion revenue · 2025
UNION DES MOUSQUETAIRES
+12 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
- 0833.890.588
- VAT number
- BE 0833.890.588
- Registered office
- Rue du Bosquet 4, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- Rhisninter
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 February 2011
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte = 2500 m²)
Overige niet-gespecialiseerde detailhandel
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Niet-gespecialiseerde groothandel
Niet-gespecialiseerde groothandel in niet-diepgevroren voedingsmiddelen, dranken en genotmiddelen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen niet overheersen (verkoopoppervlakte. = 2500 m²)