ACTIVE

RIFORCE

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Financial year 2025 · closed on 30/09/2025

Net result

49 k €

-69.4% YoY

Gross margin

292,6 k €

-28.8% YoY

Equity

287,2 k €

+20.5% YoY

Workforce

2,0 ETP

0.0% YoY

What does RIFORCE do?

RIFORCE is a Private company with limited liability incorporated in 2006. Its main activity is: Cutting, shaping and finishing of stone. Its registered office is in Avelgem. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.654.594

Incorporation

28/02/2006

Legal form

Private company with limited liability

Registered office

Burchthof 8
8580 Avelgem · FlandreSee on map

Contributed capital

45 000,00 €

Latest accounts

30/09/2025

Average workforce

2,0 ETP

Activities (NACE)

23700Cutting, shaping and finishing of stone· main 23700Cutting, shaping and finishing of stone 26700Manufacture of optical instruments and photographic equipment 46731Wholesale of wood, construction materials and sanitary equipment 46831Wholesale trade, except of motor vehicles and motorcycles 46620Wholesale of machine tools+8

Joint committees (3)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2020		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	292,6 k €	-28.8%	411,1 k €	+12.3%	366 k €	-12.2%	416,9 k €	+34.2%	310,7 k €	-11.8%	352,3 k €	+48.6%	237,1 k €	+0.7%	235,6 k €	+30.8%	180,1 k €	-11.2%	202,7 k €	-50.6%	410,4 k €	-8.7%	449,5 k €	+67.6%	268,1 k €	+500%	44,7 k €	-35.5%	69,3 k €	-40.5%	116,5 k €	+514%	-28,1 k €
EBITDA	87,8 k €	-58.7%	212,6 k €	+19.2%	178,4 k €	-13.9%	207,1 k €	+242%	60,5 k €	-22.1%	77,7 k €	+346%	-31,5 k €	-249%	21,1 k €	-49.8%	42 k €	-44.2%	75,3 k €	+405%	14,9 k €	-70.8%	51,2 k €	-32.7%	76,1 k €	+74.4%	43,7 k €	-33.3%	65,5 k €	-6.2%	69,8 k €	+172%	-96,4 k €
Operating result	73 k €	-63.4%	199,7 k €	+16.6%	171,2 k €	-16.2%	204,3 k €	+290%	52,4 k €	-23.7%	68,7 k €	+266%	-41,3 k €	-504%	10,2 k €	-64.1%	28,5 k €	-51.2%	58,4 k €	+268%	-34,8 k €	-271%	20,4 k €	-19.7%	25,4 k €	-8.4%	27,7 k €	-34.5%	42,3 k €	-9.3%	46,6 k €	+137%	-127,6 k €
Net result	49 k €	-69.4%	159,9 k €	+13.9%	140,3 k €	-13.1%	161,4 k €	+491%	27,3 k €	-39.9%	45,4 k €	+193%	-49 k €	-13398%	368,6 €	-98.4%	22,7 k €	+228%	6,9 k €	+111%	-64,3 k €	-337%	-14,7 k €	-258%	9,3 k €	-63.1%	25,3 k €	-29.1%	35,7 k €	-1.8%	36,4 k €	+127%	-132,5 k €
Balance sheet
Equity	287,2 k €	+20.5%	238,3 k €	+50.4%	158,4 k €	+61.5%	98,1 k €	+1697%	-6,1 k €	+81.6%	-33,4 k €	+57.6%	-78,8 k €	-164%	-29,8 k €	+1.2%	-30,2 k €	+42.9%	-52,9 k €	+11.6%	-59,8 k €	-1420%	4,5 k €	-76.5%	19,3 k €	+94.2%	9,9 k €	+164%	-15,4 k €	+69.9%	-51,1 k €	+41.6%	-87,5 k €
Total assets	975,3 k €	+35.1%	721,7 k €	-8.7%	790,9 k €	+35.2%	585 k €	+16.6%	501,8 k €	-22.7%	648,9 k €	+47.4%	440,2 k €	-18.4%	539,3 k €	+28.6%	419,3 k €	-5.9%	445,8 k €	-18.7%	548,4 k €	-20.6%	690,5 k €	+9.1%	632,8 k €	+818%	68,9 k €	-23.5%	90 k €	-47.9%	172,9 k €	+26.8%	136,4 k €
Cash	300,2 k €	+75.7%	170,9 k €	+14.1%	149,7 k €	+46.6%	102,2 k €	+726%	12,4 k €	-79.5%	60,3 k €	+353%	13,3 k €	-74.8%	52,9 k €	+94.5%	27,2 k €	-52.8%	57,6 k €	+24.5%	46,3 k €	+51.1%	30,6 k €	+197%	10,3 k €		–		5,4 k €	-76.7%	23,2 k €	+78.4%	13 k €
Debts	687,7 k €	+42.3%	483,2 k €	-23.6%	632,2 k €	+29.9%	486,6 k €	-4.2%	507,9 k €	-25.6%	682,3 k €	+31.4%	519,1 k €	-8.8%	569,1 k €	+26.6%	449,5 k €	-9.8%	498,4 k €	-18.1%	608,2 k €	-11.3%	685,9 k €	+11.8%	613,5 k €	+951%	58,4 k €	-44.2%	104,7 k €	-53.2%	223,7 k €	-0.1%	223,9 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-53.5%	4,3 ETP	-2.3%	4,4 ETP	-2.2%	4,5 ETP	+45.2%	3,1 ETP	+72.2%	1,8 ETP	-10.0%	2,0 ETP	-31.0%	2,9 ETP	-52.5%	6,1 ETP	+64.9%	3,7 ETP		–		1,0 ETP	-50.0%	2,0 ETP	0.0%	2,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 9 ended

Active mandates

LP BV

Director · since 20 janvier 2022

Represented by Leendert Luiting

Active

Ended mandates

Director · since 20 janvier 2022

Represented by Leendert Paul Luiting

Ended

Mario Debonnez

Director · since 17 mars 2020

Ended

Corry Catteeuw

Manager · since 09 décembre 2010

Ended

Lieven Rigolle

Manager · since 01 mai 2007

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/06/2026	24/04/2025	28/05/2024	07/04/2023	28/03/2022	28/04/2021
General meeting	28/03/2026	29/03/2025	30/03/2024	25/03/2023	26/03/2022	27/03/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	28/03/2026	01/06/2026	Dutch	PDF
Abridged model	30/09/2024	29/03/2025	24/04/2025	Dutch	PDF
Abridged model	30/09/2023	30/03/2024	28/05/2024	Dutch	PDF
Abridged model	30/09/2022	25/03/2023	07/04/2023	Dutch	PDF
Abridged model	30/09/2021	26/03/2022	28/03/2022	Dutch	PDF
Abridged model	30/09/2020	27/03/2021	28/04/2021	Dutch	PDF
Abridged model	30/09/2019	28/03/2020	30/04/2020	Dutch	PDF
Abridged model	30/09/2018	30/03/2019	29/04/2019	Dutch	PDF
Abridged model	30/09/2017	31/03/2018	26/04/2018	Dutch	PDF
Abridged model	30/09/2016	25/03/2017	29/03/2017	Dutch	PDF
Abridged model	30/09/2015	25/03/2016	31/03/2016	Dutch	PDF
Abridged model	30/09/2014	28/03/2015	30/04/2015	Dutch	PDF
Abridged model	31/12/2012	04/05/2013	17/07/2013	Dutch	PDF
Abridged model	31/12/2011	05/05/2012	31/07/2012	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	04/01/2011	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	07/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	31/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	08/02/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/09/2025 · 1 active · 9 ended

Active mandates

LP BV

Director · since 20 janvier 2022

Represented by Leendert Luiting

Active

Ended mandates

Director · since 20 janvier 2022

Represented by Leendert Paul Luiting

Ended

Mario Debonnez

Director · since 17 mars 2020

Ended

Corry Catteeuw

Manager · since 09 décembre 2010

Ended

Lieven Rigolle

Manager · since 01 mai 2007

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office31/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates02/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/10/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates01/04/2020
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/09/2015
MAATSCHAPPELIJKE ZETEL
PDF
Other03/01/2014
BOEKJAAR
PDF
Mandates18/07/2011
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates27/12/2010
MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202549 k €↓
2024
Annual accounts 2024159,9 k €↑
2023
Annual accounts 2023140,3 k €↓
2022
Annual accounts 2022161,4 k €↑
2020
Annual accounts 202027,3 k €↓
2019
Annual accounts 201945,4 k €↑
2018
Annual accounts 2018-49 k €↓
2017
Annual accounts 2017368,6 €↓
2016
Annual accounts 201622,7 k €↑
2015
Annual accounts 20156,9 k €↑
2014
Annual accounts 2014-64,3 k €↓
2012
Annual accounts 2012-14,7 k €↓
2011
Annual accounts 20119,3 k €↓
2010
Annual accounts 201025,3 k €↓
2009
Annual accounts 200935,7 k €↓
2008
Annual accounts 200836,4 k €↑
2007
Annual accounts 2007-132,5 k €
28/02/2006
IncorporationPrivate company with limited liability

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RIFORCE

Overview

What does RIFORCE do?

Trend over 17 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline