La Ruche
La Ruche has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €377k and a net result of €14k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 516 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
| Equity | €377k |
| Net result | €14k |
| Staff (FTE) | 11.3 |
| Better than sector | 42% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 35.3% | 44.0% | |
| Net result | €14k | €18k | |
| Equity | €377k | €812k | |
| Gross operating margin | €906k | €1.96M | |
| Staff costs | €880k | €2.16M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €16k | €22k | €13k | €58k | €17k |
| Net profit | €14k | €17k | €7k | €54k | €9k |
| Cash flow | €22k | €25k | €15k | €57k | €17k |
| Staff costs | €880k | €804k | €827k | €753k | €721k |
| Income taxes | €125 | - | €374 | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €1.07M | €888k | €690k | €653k | €529k |
| Equity | €377k | €366k | €349k | €336k | €281k |
| Debt | €691k | €522k | €341k | €317k | €248k |
| of which ≤ 1y | €382k | €374k | €335k | €196k | €181k |
| of which > 1y | - | - | - | - | - |
| Working capital | €633k | €477k | €310k | €433k | €322k |
| Employees (FTE) | 11.3 | 10.4 | 11.0 | 16.0 | 16.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 2.66 | 2.28 | 1.92 | 3.20 | 2.78 |
| Quick ratio | 2.66 | 2.28 | 1.92 | 3.20 | 2.78 |
| Working capital ratio | 59.3% | 53.7% | 44.9% | 66.3% | 60.9% |
| Solvency | 35.3% | 41.2% | 50.6% | 51.4% | 53.2% |
| Debt / equity | 1.83 | 1.43 | 0.98 | 0.94 | 0.88 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 118.76 | 207.78 | 142.77 | 73.61 | 152.09 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.3% | 1.9% | 0.9% | 8.3% | 1.7% |
| ROE | 3.6% | 4.6% | 1.9% | 16.2% | 3.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | 10d | 17d | 19d |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €1.07M | €888k | €690k | €653k | €529k |
| Fixed assets | 21/28 | €53k | €37k | €45k | €24k | €25k |
| Tangible fixed assets | 22/27 | €50k | €34k | €42k | €21k | €23k |
| Financial fixed assets | 28 | €3k | €3k | €3k | €3k | €3k |
| Current assets | 29/58 | €1.02M | €851k | €645k | €629k | €504k |
| Amounts receivable within one year | 40/41 | €122k | €111k | €87k | €86k | €91k |
| Investments | 50/53 | - | €300k | - | €542k | €413k |
| Cash & bank | 54/58 | €880k | €429k | €558k | - | - |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.07M | €888k | €690k | €653k | €529k |
| Equity | 10/15 | €377k | €366k | €349k | €336k | €281k |
| Accumulated profits (losses) | 14 | €373k | €359k | €342k | €336k | €281k |
| Amounts payable | 17/49 | €691k | €522k | €341k | €317k | €248k |
| Amounts payable within one year | 42/48 | €382k | €374k | €335k | €196k | €181k |
| Trade debts payable within one year | 44 | €16k | €17k | €4k | €6k | €6k |
| Income statement | ||||||
| Gross operating margin | 9900 | €906k | €837k | €842k | €812k | €740k |
| Operating result | 9901 | €7k | €14k | €5k | €55k | €9k |
| Financial income | 75 | €7k | €3k | €2k | €22 | - |
| Financial charges | 65 | €134 | €104 | €93 | €788 | €110 |
| Result before taxes | 9903 | €14k | €17k | €7k | €54k | €9k |
| Income taxes | 67/77 | €125 | - | €374 | - | - |
| Net result for the period | 9904 | €14k | €17k | €7k | €54k | €9k |
| Result to be appropriated | 9905 | €14k | €17k | €7k | €54k | €9k |
-
CARTUYVELS Jean-FrançoisVice présidentState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
-
CHARLIER NicolasDirectorState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
-
DEQUAEDirectorState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
-
JULIEN ValérieDirectorState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
-
MATHIEU CarolineDirectorState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
-
NOIRHOMME Anne-CatherineDirectorState Gazette act 25082039 (30-06-2025)Current30-06-2025 → present
Former directors (3)
-
Joëlte ÉNGLEBERTDirectorState Gazette act 25082039 (30-06-2025)Former- → 30-06-2025
-
LAMBERT FrancineDirectorState Gazette act 25082039 (30-06-2025)Former- → 30-06-2025
-
Noël CHARLIERDirectorState Gazette act 25082039 (30-06-2025)Former- → 30-06-2025
| NACE primary | Residential care activities(87991) |
| Legal form | Non-profit association(017) |
| Incorporation | 01-09-1976 |
| Status | Active |
| Postal code | 6687 |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
30-06-2025 6 directors appointed, 3 resigning
- DEQUAE, Bestuurder
- CARTUYVELS Jean-François, Vice président
- MATHIEU Caroline, Bestuurder
- NOIRHOMME Anne-Catherine, Bestuurder
- CHARLIER Nicolas, Bestuurder
- JULIEN Valérie, Bestuurder
- Noël CHARLIER, Bestuurder
- Joëlte ÉNGLEBERT, Bestuurder
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"act_meta": {
"language": "fr",
"pub_date": "2025-06-30",
"filing_date": "2025-05-13",
"act_kind_objet": "Objet de l\u0027acte:"
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"decisions": [
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"date": "2025-05-13",
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"kbo": "0416.520.473",
"name_full": "La Ruche",
"legal_form": "association sans but lucratif"
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}| Legal nameFR | La Ruche |