Result
€666,593 €666,593
Back in profit in 2025, after a loss of €411,126 in 2024.
Rubix
Lifetime
20 annual accounts with figures on one time axis, 43 filings since 1983peak €32.6m (2025)
€32.6m▲ 3.8%
lowest -€1.5m (2009)
€666,593▲ €1.1m
peak €16.7m (2022)
€16.3m▲ 4.3%
€47.5m▼ 1.9%
peak 77.5 FTE (2008)
63.2 FTE▲ 1.0%
Board4 names since 2019
2 directorsPaul Van der Rest and 1 other
Owners4 names in the annual accounts
consolidatesRubix Limited
Documentsfilings and deeds
29-05-202663 days before the deadline
2025financial year
Back to profit: €666,593Reappointments: Willem Frederik Baan (managing director) and… 07-07Registered office moved within Antwerp 23-01
Key points
from the 2025 annual accountsGrowth
5 years
5 years of growth in a row. Turnover 2025: €32.6m.
Debts
€47.5m 74% of the balance sheet
Financial debts 84%Suppliers 3%Taxes and wages 3%Other 11%
Of this, €8.7m falls due within a year.
Staff
67 employees on 31-12-2025
In 2025, 9 people joined and 9 left. On top of that, 1.2 agency workers worked there on average.
Payment terms
20 days to suppliers
Rubix pays its suppliers 17 days earlier than in 2024. Customers pay 1 day earlier.
Position in the sector
€16.3m
More equity than 90% of companies in wholesale trade. Sector median €1.6m · 6,122 companies.
Standalone figures, without subsidiaries
Checked score
70
Healthy
Financially stronger than 44% of medium-sized companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 746 companies (NACE 46, medium-sized).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.7%▲ +0.3 percentage points vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.7%▼ -0.2 percentage points vs 05-2025
07-2025: 0.7%● unchanged vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.8%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%▲ +0.1 percentage points vs 04-2026highest value
06-2026: 0.6%▼ -0.3 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.68, cash €734,700
1 change of registered office in 24 months
Equity €16.3m (25.5% of total assets)
lowers risk
Figures for financial year 2025 (filed on 29-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized). It does better than 31% of them on solvency, 69% on liquidity, 23% on profitability and 53% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €1,100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.68 (0.78 in 2024), below 1. Short-term debt is 13.6% and cash 1.2% of total assets. 74.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
63 days early
2024
69 days early
2023
43 days early
2022
5 days early
2021
23 days early
2020
90 days late
2019
143 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Rubix Limited consolidatesannual accounts 2025
Shares in 1 company, Produits pour le Commerce et l'Industrie
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0424123689
Reappointments: Willem Frederik Baan (managing director) and Paul Van der Rest (managing director)
General meeting of 19-05-2025 · Gazette deed
Registered office moved within Antwerp
New registered office: Kruisweg 9-11 2040 Antwerpen · Previous registered office: Luithagen-Haven 2A 2030 Antwerpen · Board meeting of 10-12-2024 · Gazette deed
Reappointment: PwC Bedriijfrevisoren BV (statutory auditor)
Permanent representative: Anke Verrijssen · General meeting of 24-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Rubix Antwerp | €32.6m | 9.2% | 25.5% | 63.2 |
| FABORY CENTRES BELGIUM Antwerp | €32.2m | 4.2% | 72.6% | 64.1 |
| JONGERIUS TECHNOLOGY Kapellen | €28.5m | 7.3% | 35.2% | 40.6 |
| DELTRIAN INTERNATIONAL Fleurus | €24.5m | -4.2% | 17.1% | 70.7 |
| SEW-EURODRIVE Leuven | €46.4m | 7.6% | 58.9% | 74.3 |
| MABO LIFTING Lier | €22.6m | 15.2% | 13.6% | 44.9 |
| Everllence Belgium Antwerp | €62.4m | 5.7% | 67.7% | 65 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Rubix: wholesale of other machinery and equipment (NACE 46649). They are comparable in size and age: total assets between €23m and €100m, founded between 1968 and 1990.
Official details
Source: KBO- Status
- Active since 17-06-1983Normal situation
- Activity
- Wholesale of other machinery and equipmentNACE 46649and 1 other
- Joint committee
- 149.04Metal trade · annual accounts 2022
- Establishment units
- 2.022.546.9012040 Antwerp, since 01-07-1983
- 2.022.547.0979041 Ghent, since 31-08-1994and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 13-11-2025
Annual accounts 2025
- €63.8m▼ 0.4%
- Employeeson 31-12-2025
- 67=
- Filing
- Filed on 29-05-2026, 63 days before the end of the filing period
Insights on Rubix
Rubix has existed since 1983. Turnover grew from €10.4m in 2006 to €32.6m in 2025 and staff from 33.6 to 63.2 full-time equivalents.
Turnover has grown every year since 2020.
In July 2025, the Official Gazette published the appointment of Paul Van der Rest as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Rubix
- What is the company number of Rubix?
- The company number of Rubix is 0424.123.689. The VAT number is the same number with BE in front: BE 0424.123.689.
- Where is Rubix based?
- The registered office is at Kruisweg 9-11, 2040 Antwerp.Company details
- What does Rubix do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of Rubix?
- Rubix is a public limited company (NV).
- When was Rubix founded?
- Rubix was founded on 17-06-1983.
- Is Rubix still active?
- Yes, Rubix is an active enterprise in the KBO register.
- How many employees does Rubix have?
- Rubix had an average of 63.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Rubix fall under?
- In its 2022 annual accounts, Rubix states joint committee 149.04 (Metal trade).
- What is the turnover of Rubix?
- The turnover of Rubix was €32.6m in financial year 2025, according to the filed annual accounts.
- Is Rubix profitable?
- In financial year 2025, Rubix made a profit of €666,593.
- Where can I find the annual accounts of Rubix?
- Rubix filed 44 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Rubix due?
- Rubix must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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