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 2 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
R Finance from Flémalle, company number BE1004956424, closed financial year 2025 with a result of € 71,614 after tax. For that financial year R Finance recorded a gross margin of € -2,374 and equity of € 68,749. Compared with financial year 2024, the result moved from € 126,095 to € 71,614. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 68,749
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 71,614
▼ 43% vs 2024
Profit after tax over the fiscal year.
€ 402,075
▼ 79% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 71,300 paid out
100 % of the profit went to the shareholders, mostly to ROMA Participations (50 % of the shares). That is where the money ends up.
Debts at end 2025
€ 32 million
▲ 21% vs 2024
Loans from banks and other lenders, long and short.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -2,999 | € -2,374 | ▲ € 625 |
| Profit after taxes | € 126,095 | € 71,614 | ▼ 43% |
| Equity | € 68,435 | € 68,749 | |
| Total debts | € 26,789,432 | € 32,157,958 | ▲ 20% |
| Cash | € 1,947,910 | € 402,075 | ▼ 79% |
| Retained profit | € 6,435 | € 6,749 | ▲ 5% |
| Dividend | € 119,660 | € 71,300 | ▼ 40% |
| Bank debt | € 26,430,550 | € 31,966,399 | ▲ 21% |
| Balance sheet total | € 26,857,867 | € 32,226,708 | ▲ 20% |
Key figures of R Finance, fiscal years 2024 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 R Finance?
What happened at R Finance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Patrick RINALDI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 71,614 (▼ 43% vs 2024). Source: NBB ↗
- New establishment in Flémalle. KBO
- Patrick RINALDI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 126,095 profit in 2024 to € 71,614 profit in 2025.
Paid € 65,903 in corporate taxes since 2024.
Best year ever: 2024, with € 126,095 profit.
Paid out € 190,960 in dividends to the owners in total.
Management
The stake of ROMA Participations, ASC Participations comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
R FinanceThe shares are held by ROMA Participations (50%) and ASC Participations (50%).
Directors
According to the 2025 annual accounts
Patrick RINALDI
Director
since 2024 · until 2030
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Parc Industriel 4
4400 Flémalle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →Les Entreprises Yvo Rinaldi
€ 33 million revenue · 2025
Société de Promotion Immobilière Liégeoise
€ 125,852 gross margin · 2025
TECRIN
€ 223,142 gross margin · 2025
Association Momentanée Rinaldi - Gammaplan
COP ET PORTIER - RINALDI
+5 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
- 1004.956.424
- VAT number
- BE 1004.956.424
- Registered office
- Parc Industriel 4, 4400 Flémalle
- Names & denominations
- R Finance
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2024
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- [email protected]