Bankrupt · Opening faillissement (CBE)

RIBCO

BE0848610537

Rechtspersoon Private limited company 1 establishment

RIBCO is a caterer in Gent. Private Limited, started on 28 August 2012, 1 establishment.

Overpoortstraat 63, 9000 Gent

Behind the company: Yasin Emre Sipahi.

Start date

28 August 2012

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 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

RIBCO from Gent, company number BE0848610537, closed financial year 2024 with a result of € -23,314 after tax. For that financial year RIBCO recorded a gross margin of € 113,319 and equity of € -34,250. Compared with financial year 2023, the result moved from € -14,702 to € -23,314. 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 March 28, 2025.

What it is worth Caution

€ -34,250

▼ € 23,314 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -23,314

▼ 59 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 7,906

▼ 55% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -52,850.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 133,303

▲ 11% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2024

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 13,125

▼ 48% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 7,450

▼ 64% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
202220232024Change 2023 → 2024
Gross margin € 98,895 € 108,372 € 113,319 ▲ 5%
Profit after taxes € -19,738 € -14,702 € -23,314 ▼ € 8,612
Equity € 3,765 € -10,936 € -34,250 ▼ € 23,314
Total debts € 52,383 € 97,859 € 81,824 ▼ 16%
Cash € 10,491 € 17,651 € 7,906 ▼ 55%
Land & buildings € 1,835 € 1,351 € 868 ▼ 36%
Retained profit € -14,835 € -29,536 € -52,850 ▼ € 23,314
Bank debt € 0 € 2,144 € 0 ▼ 100%
Balance sheet total € 56,148 € 86,923 € 47,574 ▼ 45%
Employees (FTE) - 3.5 -

Key figures of RIBCO, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.

What happened to RIBCO?

What happened at RIBCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

RIBCO is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 23,314. Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 19,738 loss in 2022 to € 23,314 loss in 2024.

On average € 31,000 of value added per employee in 2023.

Management

The stake of Pizza Pimps comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

RIBCO

Behind RIBCO is Yasin Emre Sipahi. The shares are held by Pizza Pimps (100%).

Directors

According to the 2024 annual accounts

Yasin Emre Sipahi

Director

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Overpoortstraat 63

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0848.610.537
VAT number
BE 0848.610.537
Registered office
Overpoortstraat 63, 9000 Gent
Names & denominations
RIBCO
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
28 August 2012
Peppol
Not registered
Activities · NACE

Catering van evenementen

Frequently asked questions

What does RIBCO do?
RIBCO is a caterer in Gent. Private Limited, started on 28 August 2012, 1 establishment.
What is the address of RIBCO?
The registered office of RIBCO is located at Overpoortstraat 63, 9000 Gent.
Is RIBCO still active?
No. The CBE lists RIBCO with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is RIBCO registered on Peppol?
No, RIBCO is currently not registered on the Peppol network.
What is the enterprise number of RIBCO?
The enterprise number of RIBCO is BE0848610537.
When was RIBCO founded?
RIBCO was founded on 28 August 2012.