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Le Rucher

Active
Non-profit associationfounded 2003active for 23 yearsZone industrielle de l'Europe(L) 1, 7900 Leuze-en-Hainaut, BelgiumKBO/BCE: BE 0860.345.458
Summary

Le Rucher has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.8m and a net result of -€193,735. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 42% of 487 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-09-2003 Normal situation
Activity
Social work activities without accommodation NACE 88993
Joint committee
327 Paritair Comité voor de beschutte werkplaatsen, de sociale werkplaatsen en de maatwerkbedrijven · annual accounts 2025
Establishment unit
2.155.221.422 7900 Leuze-en-Hainaut, since 01-09-2003
Financial year end
31 December
Peppol
Reachable since 24-12-2025

Board and ownership

Board
and 6 others
Auditor
BRAYE Gauthier

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€3.7m
▼ 12.6%
Operating revenue
€8.9m
▼ 5.9%
Deficit
€193,735
Equity
€8.8m
▼ 2.8%
Total assets
€18.5m
▲ 7.1%
Employees on 31-12-2025
246
▼ 5.0%
Score breakdownraises riskLoss of €193,735 (financial year 2025)lowers riskLegal form: non-profit associationLiquidity: current ratio 1.42, cash €6.8mEquity €8.8m (47.6% of total assets)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 37% of medium-sized companies in social work without accommodation (NACE 88)
Financial strength · tick: 2024
Average
Solvency 73-4
equity 47.6% of total assets
Liquidity 76+10
short-term debt 42.3% · cash 37.0%
Profitability 33-25
return on assets -1.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (218 companies, NACE 88, medium-sized)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €370,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.63 in 2024), below the usual 1.5. Short-term debt is 42.3% and cash 37% of total assets. 52.4% of the assets are financed with debt and provisions.
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 88, medium-sized). It does better than 35% of them on solvency, 74% on liquidity, 20% on profitability and 18% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Liquidity: current ratio 1.42, cash €6.8m
NBB · annual accounts
raises risk · Loss of €193,735 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €8.8m (47.6% of total assets)
NBB · annual accounts
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
24 days early
2023
29 days early
2022
7 days late
2021
40 days early
2020
46 days early
2019
63 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 16 days before the deadline. In the sector (NACE 88), the median for financial year 2024 was 24 days before the deadline, and 25% 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 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €34,160 in 2024 -€193,735 View
  • Caution: Lower net result than 92% of companies in social work without accommodationsector median €50,446 · 487 companies -€193,735 View

Recent changes

  1. · Gazette deed Resignation: Claudie Vanmaercke (director)
  2. · Gazette deed Resignations & appointments
  3. · Gazette deed Appointment: CUVELIER René (administrateur de l'organe d'administration)
All 22 events

Comparable companies

These companies have the same main activity as Le Rucher: social work activities without accommodation (NACE 88993). They are comparable in size and age: total assets between €8.7m and €17m, founded between 1991 and 1999.

CompanyTotal assetsTurnover
Le Rucher Leuze-en-Hainaut€18.5m€3.7m
DEN AZALEE Sint-Niklaas€17.3m€4.7m
Les Erables Tournai€15.8m€4.6m
RESET Genk€12.2m€6.1m
OPNIEUW & CO Antwerpen€11.5m€6.5m
Kringwinkel Zuid-Oost-Vlaanderen Geraardsbergen€8.7m€3.9m
Groep Talent Herentals€10.3m€6.2m
Full comparison

Key facts about Le Rucher

What is the company number of Le Rucher?
The company number of Le Rucher is 0860.345.458. The VAT number is the same number with BE in front: BE 0860.345.458.
Where is Le Rucher based?
The registered office is at Zone industrielle de l'Europe(L) 1, 7900 Leuze-en-Hainaut.Company details
What does Le Rucher do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88993).
What is the legal form of Le Rucher?
The legal form of Le Rucher is Non-profit association (VZW).
When was Le Rucher founded?
Le Rucher was founded on 04-09-2003.
Is Le Rucher still active?
Yes, Le Rucher is an active enterprise in the KBO register.
How many employees does Le Rucher have?
Le Rucher had an average of 245.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Le Rucher fall under?
In its 2025 annual accounts, Le Rucher states joint committee 327 (Paritair Comité voor de beschutte werkplaatsen, de sociale werkplaatsen en de maatwerkbedrijven).
What is the turnover of Le Rucher?
The turnover of Le Rucher was €3.7m in financial year 2025, according to the filed annual accounts.
Is Le Rucher profitable?
In financial year 2025, Le Rucher made a loss of €193,735.
Where can I find the annual accounts of Le Rucher?
Le Rucher filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Le Rucher due?
Le Rucher must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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