DEVISSCHER RUBEN
ActiveThe computed 12-month bankruptcy probability of DEVISSCHER RUBEN is 3.4% (moderate). The 2025 annual accounts show equity of €176k and a net result of €48k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 13159 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency100▲+11
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.79 against 3.21 in 2024; short-term debt: 19.4% and cash: 66.7% of total assets), and 24.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
75.4%
Return on assets
20.6%
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 07-01-2026, 24 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
24 d early
2024
35 d early
2023
28 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€176k▲ 37.5%
2024 · €128k
2023: €60k
2024: €128k
2023 → 2025
Total assets
€233k▲ 17.3%
2024 · €199k
2023: €146k
2024: €199k
2023 → 2025
Net result
€48k▼ 29.0%
2024 · €68k
2023: €59k
2024: €68k
2023 → 2025
Working capital
€126k▲ 30.5%
2024 · €97k
2023: €23k
2024: €97k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€60k-€128k▲ 112%€176k▲ 37.5%
Operating result€72k-€87k▲ 20.4%€61k▼ 29.8%
Net result€59k-€68k▲ 14.0%€48k▼ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€61k▲ 6.1%
Current assets
€172k▲ 22.0%
Equity and liabilities €233k
Equity
€176k▲ 37.5%
Debt
€57k▼ 19.1%
The debt ratio falls from 35.6% to 24.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▼
2024 · €108k
Cash flow
€70k▼
2024 · €88k
Solvency
75.4%▲
2024 · 64.4%
Current ratio
3.79▲
2024 · 3.21
Quick ratio
3.50▲
2024 · 2.99
Debt / equity
0.33▼
2024 · 0.55
ROE
27.3%▼
2024 · 52.9%
ROA
20.6%▼
2024 · 34.0%
Interest coverage
40.67▼
2024 · 41.77
Debt
€57k▼
2024 · €71k
Debt ≤ 1 year
€45k▲
2024 · €44k
Debt > 1 year
€12k▼
2024 · €26k
Income taxes
€12k▼
2024 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€199k€233k▲
Fixed assets21/28€58k€61k▲
Tangible fixed assets22/27€58k€61k▲
Plant, machinery and equipment23€53k€60k▲
Furniture and vehicles24€4k€1k▼
Current assets29/58€141k€172k▲
Stocks and contracts in progress3€10k€13k▲
Stocks30/36€10k€13k▲
Amounts receivable within one year40/41€460€3k▲
Trade receivables40€424€455▲
Other amounts receivable41€36€3k▲
Cash at bank and in hand54/58€131k€156k▲
Equity and liabilities
Total equity and liabilities10/49€199k€233k▲
Equity10/15€128k€176k▲
Contributions10/11€1k€1k=
Reserves13€127k€175k▲
Distributable reserves133€127k€175k▲
Amounts payable17/49€71k€57k▼
Amounts payable after more than one year17€26k€12k▼
Financial debts170/4€26k€12k▼
Amounts payable within one year42/48€44k€45k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€5k€13k▲
Suppliers440/4€5k€13k▲
Taxes, remuneration and social security45€20k€12k▼
Taxes450/3€18k€12k▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20242025
Non-recurring operating income76A-€71
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€790€606▼
Gross operating margin9900€110k€84k▼
Operating profit (loss)9901€87k€61k▼
Financial income75/76B€180€631▲
Recurring financial income75€180€631▲
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€85k€60k▼
Income taxes67/77€17k€12k▼
Profit (loss) for the period9904€68k€48k▼
Profit (loss) for the period to be appropriated9905€68k€48k▼
Appropriation of the result
Profit (loss) to be appropriated9906€68k€48k▼
Transfer to equity691/2€68k€48k▼
To other reserves6921€68k€48k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €48k ▼29%
Net result drops to €48k, the lowest in the series.
30-06
Financial
Equity above €150kEq €176k ▲37.5%
3 profitable years in a row build equity to €176k.
2024
27-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2023net €68k ▲14%
Operating result €87k, net result €68k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 3.21
Current ratio from 1.51 to 3.21; short-term debt falls from €45k to €44k.
30-06
Financial
Equity above €100kEq €128k ▲112%
2 profitable years in a row build equity to €128k.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ichtegem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Engelstraat(ICH) 328480 IchtegemGround area
314 m²
Building footprint
196 m²
Volume, LiDAR
1,164 m³
Parcel 35006B0544/02L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DEVISSCHER RUBEN
since 20222.328.286.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006B0544/02L000 | Flanders | 314 m² | 1 · 196 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteIchtegem2.328.286.050
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BE 0548.772.055
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BE 0563.874.361
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FRIET SEBIET
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BULDUK
BE 0890.370.423
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M.M.S.S.
BE 0825.106.744
Blankenberge · Eq €176k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 6,973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2022
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.