De Ruyte
ActiveSummary
De Ruyte has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €682,257 and a net result of €47,758. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 81% of 10645 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+60
Solvency95▲+14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.78 in 2024; short-term debt: 24.8% and cash: 4.2% of total assets), and 30.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.6%
Return on assets
4.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
11 d early
2023
28 d early
2022
25 d early
2021
4 d early
2020
11 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 16 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€682,257▲ 7.5%
2024 · €634,499
Total assets
€980,203▼ 13.0%
2024 · €1.1m
Net result
€47,758
2024 · -€49,900
Working capital
€415,695▼ 15.2%
2024 · €490,117
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€0.01m▲ 45.1%€0.04m-€0.07m-€0.04m▲ 44.6%€0.05m
Net result-€0.01mbelow the sector's middle half▲ 47.5%€0.04mwithin the sector's middle half-€0.08mbelow the sector's middle half-€0.05mbelow the sector's middle half▲ 37.6%€0.05mwithin the sector's middle half
Equity€0.7mabove the sector's middle half▼ 1.8%€0.8mabove the sector's middle half▲ 5.5%€0.7mwithin the sector's middle half▼ 10.5%€0.6mwithin the sector's middle half▼ 7.3%€0.7mabove the sector's middle half▲ 7.5%
Total assets€1.2mwithin the sector's middle half▼ 0.6%€1.3mwithin the sector's middle half▲ 4.9%€1.2mwithin the sector's middle half▼ 10.8%€1.1mwithin the sector's middle half▼ 2.5%€1.0mwithin the sector's middle half▼ 13.0%
Debt€0.4m▲ 1.6%€0.4m▲ 5.3%€0.4m▼ 14.0%€0.4m▲ 5.9%€0.3m▼ 23.1%
Working capital€0.8mabove the sector's middle half▼ 3.3%€0.6mabove the sector's middle half▼ 17.4%€0.6mabove the sector's middle half▼ 12.8%€0.5mwithin the sector's middle half▼ 11.7%€0.4mabove the sector's middle half▼ 15.2%
Solvency58.8%within the sector's middle half▼ 0.7pp59.1%within the sector's middle half▲ 0.3pp59.3%within the sector's middle half▲ 0.2pp56.3%within the sector's middle half▼ 2.9pp69.6%above the sector's middle half▲ 13.3pp
Current ratio4.28above the sector's middle half▼ 0.823.99above the sector's middle half▼ 0.293.76above the sector's middle half▼ 0.232.78within the sector's middle half▼ 0.982.71within the sector's middle half▼ 0.07
Return on assets (ROA)-1.1%below the sector's middle half▲ 1.0pp3.1%within the sector's middle half▲ 4.1pp-6.9%below the sector's middle half▼ 10.0pp-4.4%below the sector's middle half▲ 2.5pp4.9%within the sector's middle half▲ 9.3pp
Staff (FTE)4.9within the sector's middle half=6.1within the sector's middle half▲ 24.5%5.9within the sector's middle half▼ 3.3%4.7within the sector's middle half▼ 20.3%5.5within the sector's middle half▲ 17.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €54,066 after a loss of €39,653 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €980,203
Fixed assets
€320,935 ▼ 11.0%
Current assets
€659,268 ▼ 13.9%
Equity and liabilities €980,203
Equity
€682,257 ▲ 7.5%
Provisions
€0 ▼ 100%
Debt
€297,946 ▼ 23.1%
Debt's share of the balance-sheet total falls from 34.4% to 30.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€95,913▲
2024 · €3,156
Cash flow
€89,605▲
2024 · -€7,092
Quick ratio
0.26▲
2024 · 0.16
Debt to equity
0.44▼
2024 · 0.61
ROE
7.0%▲
2024 · -7.9%
Interest coverage
8.09▲
2024 · 0.18
Debt ≤ 1 year
€243,573▼
2024 · €275,662
Debt > 1 year
€52,484▼
2024 · €107,559
Income taxes
€140▲
2024 · €134
Staff costs
€163,046▼
2024 · €163,990
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €520 | - |
| Remuneration, social security and pensions62 | - | €205,722 | €206,121 | €163,990 | €163,046 | ▼ 0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,761 | €32,626 | €46,317 | €42,808 | €41,847 | ▼ 2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€38,511 | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | -€101,250 | - |
| Other operating charges640/8 | - | €3,685 | €4,553 | €4,219 | €4,487 | ▲ 6.4% |
| Gross operating margin9900 | €187,828 | €283,540 | €146,905 | €171,364 | €162,196 | ▼ 5.4% |
| Operating profit (loss)9901 | -€9,512 | €41,506 | -€71,575 | -€39,653 | €54,066 | ▲ 236% |
| Financial income75/76B | - | €12,570 | €8,623 | €7,487 | €2,662 | ▼ 64.4% |
| Recurring financial income75 | €10,903 | €12,570 | €8,623 | €7,487 | €2,662 | ▼ 64.4% |
| Financial charges65/66B | - | €14,425 | €17,080 | €17,790 | €11,863 | ▼ 33.3% |
| Recurring financial charges65 | €14,849 | €14,425 | €17,080 | €17,790 | €11,863 | ▼ 33.3% |
| Profit (loss) for the period before taxes9903 | -€13,459 | €39,651 | -€80,032 | -€49,955 | €44,865 | ▲ 190% |
| Transfer from deferred taxes780 | - | €190 | €190 | €190 | €3,033 | ▲ 1,500% |
| Income taxes67/77 | €45 | €111 | €118 | €134 | €140 | ▲ 4.3% |
| Profit (loss) for the period9904 | -€13,314 | €39,729 | -€79,960 | -€49,900 | €47,758 | ▲ 196% |
| Transfer from tax-exempt reserves789 | - | €442 | €442 | €442 | €7,077 | ▲ 1,500% |
| Profit (loss) for the period to be appropriated9905 | -€12,871 | €40,172 | -€79,517 | -€49,458 | €54,835 | ▲ 211% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.3m | €1.2m | €1.1m | €1.0m | ▼ 13.0% |
| Fixed assets21/28 | €0.2m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 11.0% |
| Intangible fixed assets21 | €0.001m | €0.001m | €0.001m | €319 | €67 | ▼ 79.0% |
| Tangible fixed assets22/27 | €0.2m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 10.9% |
| Land and buildings22 | - | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 6.2% |
| Plant, machinery and equipment23 | - | €0.001m | €0.001m | €425 | €0.002m | ▲ 468% |
| Furniture and vehicles24 | - | €0.009m | €0.006m | €0.009m | €0.007m | ▼ 17.2% |
| Other tangible fixed assets26 | - | €0.3m | €0.2m | €0.2m | €0.2m | ▼ 15.5% |
| Financial fixed assets28 | €125 | €125 | €125 | €125 | €125 | = |
| Current assets29/58 | €1.0m | €0.8m | €0.8m | €0.8m | €0.7m | ▼ 13.9% |
| Stocks and contracts in progress3 | €0.8m | €0.8m | €0.7m | €0.7m | €0.6m | ▼ 17.4% |
| Stocks30/36 | - | €0.8m | €0.7m | €0.7m | €0.6m | ▼ 17.4% |
| Amounts receivable within one year40/41 | €0.05m | €0.03m | €0.02m | €0.007m | €0.02m | ▲ 119% |
| Trade receivables40 | - | €0.007m | €0.006m | €0.007m | €0.02m | ▲ 119% |
| Other amounts receivable41 | - | €0.02m | €0.01m | €0 | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.05m | €0.008m | €0.03m | €0.04m | ▲ 20.1% |
| Deferred charges and accrued income490/1 | - | €0.009m | €0.004m | €0.004m | €0.008m | ▲ 101% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.3m | €1.2m | €1.1m | €1.0m | ▼ 13.0% |
| Equity10/15 | €0.7m | €0.8m | €0.7m | €0.6m | €0.7m | ▲ 7.5% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 1.6% |
| Non-distributable reserves130/1 | - | €0.002m | €0.002m | €0 | - | - |
| Reserves not available under the articles1311 | - | €0.002m | €0.002m | €0 | - | - |
| Tax-exempt reserves132 | - | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 35.0% |
| Distributable reserves133 | - | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | ▲ 29.8% |
| Provisions and deferred taxes16 | €0.1m | €0.1m | €0.1m | €0.1m | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | €0.1m | €0.1m | €0.1m | €0 | ▼ 100% |
| Pensions and similar obligations160 | - | €0.1m | €0.1m | €0.1m | €0 | ▼ 100% |
| Deferred taxes168 | - | €0.003m | €0.003m | €0.003m | €0 | ▼ 100% |
| Amounts payable17/49 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | ▼ 23.1% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.1m | €0.05m | ▼ 51.2% |
| Financial debts170/4 | - | €0.2m | €0.2m | €0.1m | €0.05m | ▼ 51.2% |
| Amounts payable within one year42/48 | €0.2m | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | - | €0.05m | €0.05m | €0.05m | €0.06m | ▲ 4.0% |
| Financial debts43 | - | €0.02m | €0.02m | €0 | - | - |
| Credit institutions430/8 | - | €0.02m | €0.02m | €0 | - | - |
| Trade debts44 | €0.1m | €0.1m | €0.07m | €0.1m | €0.08m | ▼ 27.6% |
| Suppliers440/4 | - | €0.1m | €0.07m | €0.1m | €0.08m | ▼ 27.6% |
| Taxes, remuneration and social security45 | - | €0.04m | €0.05m | €0.05m | €0.05m | ▲ 3.2% |
| Taxes450/3 | - | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.2% |
| Remuneration and social security454/9 | - | €0.02m | €0.03m | €0.03m | €0.03m | ▲ 5.1% |
| Other amounts payable47/48 | - | €0.005m | €0.02m | €0.06m | €0.05m | ▼ 6.6% |
| Accrued charges and deferred income492/3 | - | €0.001m | €0.004m | €0.004m | €0.002m | ▼ 55.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,314 | €39,729 | -€79,960 | -€49,900 | €47,758 | ▲ 196% |
| + Depreciation and write-downs630 | €22,761 | €32,626 | €46,317 | €42,808 | €41,847 | ▼ 2.2% |
| Operating cash flow (approximation) | €9,448 | €72,356 | -€33,643 | -€7,092 | €89,605 | ▲ 1,364% |
| Investment in fixed assets (approximation) | - | -€250,407 | €0 | -€4,800 | -€2,356 | ▲ 50.9% |
| Change in cash | - | -€106,851 | -€38,130 | €25,485 | €6,808 | ▼ 73.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €47,758
Net result €47,758 after 2 loss-making years.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Weakest financial yearnet -€79,960
Net result drops to -€79,960, the lowest in the series; recovery starts the following year.
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €39,729
Net result €39,729 after 3 loss-making years.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
20-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette act processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 1982
Ground area
956 m²
Building footprint
712 m²
Volume, LiDAR
3,985 m³
2 parcels, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
SCHOE DE RUYTE
since 1982unit no. 2.020.671.534
DE RUYTE KIDS
since 2010unit no. 2.301.201.373
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002C0617/00C000 | Flanders | 660 m² | 1 · 618 m² | 11.6 m · 1 fl. |
| 46002C0415/00H000 | Flanders | 296 m² | 1 · 94 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2024 · 1 entry · €338 awarded · €338 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €338 | €338 |
Similar companies · same sector, comparable size
JACKY MERTENS
BE 0426.683.796
Leuven · Eq €673,892
HUYSECOM
BE 0429.007.145
Etterbeek · Eq €667,064
PROMENADE
BE 0882.325.460
Ukkel · Eq €666,955
SCHOENEN JANSSENS
BE 0871.209.953
Aarschot · Eq €665,607
FERRAGAMO BELGIQUE
BE 0456.836.841
Brussel · Eq €699,597
Of 1,035 companies in this sector we hold annual accounts for 583. 351 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded15-06-1982
Fiscal year end30-06
Activities, NACEBEL 2025
47721Retail sale of footwear
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422784101
Also
0208:422784101
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.