Bankrupt · Opening faillissement (CBE)

Rietveld Ferricon

BE0894287441

Rechtspersoon Private limited company 1 establishment

Rietveld Ferricon is a construction company in Lommel. Private Limited, started on 18 December 2007, 1 establishment.

Maatheide 110, 3920 Lommel

Behind the company: Cornelis Jan Rietveld.

Start date

18 December 2007

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 1 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 62 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Rietveld Ferricon from Lommel, company number BE0894287441, closed financial year 2023 with a result of € -135,588 after tax. For that financial year Rietveld Ferricon recorded a gross margin of € 355,632 and equity of € -119,806. Compared with financial year 2022, the result moved from € -69,185 to € -135,588. 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 July 12, 2024.

What it is worth Caution

€ -119,806

▼ € 135,588 vs 2022

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

Loss Caution

€ -135,588

▼ 96 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 19,260

▼ 44% vs 2022

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 € -178,406.

People and assets in 2023

Full-time equivalents

7.9

▲ 2.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 384,559

▲ 30% vs 2022

€ 48,700 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.

Vehicles and equipment

€ 6,694

▼ 60% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 9 years to go

€ 375,294

▲ 115% vs 2022

€ 32,665 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 228,040

▲ 30% vs 2022

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

Taxes and wages

€ 54,784

▲ 29% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 406,132 € 278,462 € 355,632 ▲ 28%
Profit after taxes € 12,969 € -69,185 € -135,588 ▼ € 66,403
Equity € 78,767 € 15,783 € -119,806 ▼ € 135,588
Total debts € 528,124 € 557,580 € 686,685 ▲ 23%
Cash € 39,780 € 34,608 € 19,260 ▼ 44%
Land & buildings € 65,898 € 55,119 € 47,980 ▼ 13%
Retained profit € 26,367 € -42,817 € -178,406 ▼ € 135,588
Bank debt € 193,450 € 174,187 € 375,294 ▲ 115%
Balance sheet total € 606,891 € 573,362 € 566,879 ▼ 1%
Employees (FTE) 6.5 5.7 7.9 ▲ 2.2

Key figures of Rietveld Ferricon, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.

What happened to Rietveld Ferricon?

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

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

  • New annual accounts for financial year 2023: loss of € 135,588. Source: NBB ↗
  • Cornelis Jan Rietveld became a director. NBB
  • Start of the company according to the CBE. KBO
  • New establishment in Lommel. KBO

In short

From € 12,969 profit in 2021 to € 135,588 loss in 2023.

Paid € 1,667 in corporate taxes since 2021.

Best year ever: 2021, with € 12,969 profit.

On average € 45,000 of value added per employee in 2023.

Management

Cornelis Jan Rietveld
Rietveld Ferricon

Behind Rietveld Ferricon is Cornelis Jan Rietveld. Cornelis Jan Rietveld is also behind RIET-CO Real Estate and MANDECON.

See the full network in the app

Directors

According to the 2023 annual accounts

Cornelis Jan Rietveld

Administrator-manager

Also active at: RIET-CO Real Estate, MANDECON

since 2007

Establishments

Establishment units

Physical locations of this company

Registered office

Maatheide 110

3920 Lommel

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
0894.287.441
VAT number
BE 0894.287.441
Registered office
Maatheide 110, 3920 Lommel
Names & denominations
Rietveld Ferricon
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
18 December 2007
Peppol
Not registered
Activities · NACE

Algemene bouw van andere niet-residentiële gebouwen

Vervaardiging van metalen constructiewerken en delen daarvan

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Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.

Frequently asked questions

What does Rietveld Ferricon do?
Rietveld Ferricon is a construction company in Lommel. Private Limited, started on 18 December 2007, 1 establishment.
What is the address of Rietveld Ferricon?
The registered office of Rietveld Ferricon is located at Maatheide 110, 3920 Lommel.
Is Rietveld Ferricon still active?
No. The CBE lists Rietveld Ferricon 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 Rietveld Ferricon registered on Peppol?
No, Rietveld Ferricon is currently not registered on the Peppol network.
What is the enterprise number of Rietveld Ferricon?
The enterprise number of Rietveld Ferricon is BE0894287441.
When was Rietveld Ferricon founded?
Rietveld Ferricon was founded on 18 December 2007.