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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RIVERROAD from Zelzate, company number BE0841043151, closed financial year 2025 with a result of € -118,580 after tax. For that financial year RIVERROAD recorded a gross margin of € 52,156 and equity of € 135,613. Compared with financial year 2024, the result moved from € 4,374 to € -118,580. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 30, 2026.
€ 135,613
▼ 47% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -118,580
▼ still € 4,374 profit in 2024
Profit after tax over the fiscal year.
€ 48,093
▲ € 46,319 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 115,613.
People and assets in 2025
€ 65,512
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.5 million
▲ 25% vs 2024
€ 32,260 is repaid this year. At this pace the long-term loan is gone in ≈ 77 years.
€ 121,349
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,823
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 52,322 | € 62,484 | € 77,538 | € 52,156 | ▼ 33% |
| Profit after taxes | € 2,001 | € 5,274 | € 4,374 | € -118,580 | ▼ € 122,954 |
| Equity | € 244,544 | € 249,818 | € 254,193 | € 135,613 | ▼ 47% |
| Total debts | € 1,229,041 | € 2,196,272 | € 3,462,205 | € 3,990,908 | ▲ 15% |
| Cash | € 104,640 | € 27,591 | € 1,773 | € 48,093 | ▲ € 46,319 |
| Land & buildings | - | - | - | € 2,704,232 | |
| Retained profit | € 224,544 | € 229,818 | € 234,193 | € 115,613 | ▼ 51% |
| Bank debt | € 0 | € 0 | € 2,000,000 | € 2,500,000 | ▲ 25% |
| Balance sheet total | € 1,473,585 | € 2,446,090 | € 3,716,398 | € 4,126,521 | ▲ 11% |
Key figures of RIVERROAD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to RIVERROAD?
What happened at RIVERROAD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 118,580 (▼ € 122,954 vs 2024). Source: NBB ↗
- Tjorven Rommel stepped down as director. NBB
- Tjorven Rommel became a director. NBB
- New establishment in Zelzate. KBO
- Geert Verbiest became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,001 profit in 2022 to € 118,580 loss in 2025.
Paid € 10,172 in corporate taxes since 2022.
Best year ever: 2023, with € 5,274 profit.
Management
Behind RIVERROAD is Geert Verbiest. Geert Verbiest is also behind O MY KOT and BATOKA.
Establishments
Establishment units
Physical locations of this company
Triphonstraat 3A
9060 Zelzate
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0841.043.151
- VAT number
- BE 0841.043.151
- Registered office
- Triphonstraat 3A, 9060 Zelzate
- Names & denominations
- RIVERROAD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2011
- Peppol
- Active · Active since 28 Apr 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Sanitaire werkzaamheden
Overige werkzaamheden in verband met de afwerking van gebouwen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Algemene bouw van andere niet-residentiële gebouwen