Le Rucher
ActiveLe Rucher has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9.04M and a net result of €34k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 40% of 615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-12
Solvency77▼-2
Growth39=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.76 in 2023; short-term debt: 34.1% and cash: 24.8% of total assets), and 47.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52.5%
Return on assets
0.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
29 d early
2022
7 d late
2021
40 d early
2020
46 d early
2019
63 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€4.29M▼ 8.5%
2023 · €4.69M
2018: €6.43M
2019: €6.04M
2020: €5.26M
2021: €5.70M
2022: €5.63M
2023: €4.69M
2018 → 2024
EBIT margin
-1.8%▼ 4.9pp
2023 · 3.1%
2018: 15.3%
2019: 10.8%
2020: 2.4%
2021: 2.1%
2022: 0.4%
2023: 3.1%
2018 → 2024
Net result
€34k▼ 76.4%
2023 · €145k
2018: €898k
2019: €568k
2020: €74k
2021: €67k
2022: €-16k
2023: €145k
2018 → 2024
Working capital
€3.71M▼ 2.1%
2023 · €3.79M
2018: €4.09M
2019: €4.13M
2020: €4.32M
2021: €4.23M
2022: €4.01M
2023: €3.79M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€5.26M-€5.70M▲ 8.4%€5.63M▼ 1.2%€4.69M▼ 16.7%€4.29M▼ 8.5%
Equity€9.04M-€9.05M▲ 0.1%€8.98M▼ 0.8%€9.06M▲ 1.0%€9.04M▼ 0.3%
Operating result€129k-€118k▼ 8.0%€21k▼ 82.3%€144k▲ 586%€-78k
Net result€74k-€67k▼ 9.6%€-16k€145k€34k▼ 76.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €78k after €144k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.23M
Fixed assets
€7.64M▼ 5.0%
Current assets
€9.59M▲ 9.1%
Equity and liabilities €17.23M
Equity
€9.04M▼ 0.3%
Provisions
€736k▲ 3.0%
Debt
€7.45M▲ 5.7%
The debt ratio rises from 41.9% to 43.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€349k▼
2023 · €598k
Cash flow
€461k▼
2023 · €599k
Solvency
52.5%▼
2023 · 53.8%
Current ratio
1.63▼
2023 · 1.76
Quick ratio
1.62▼
2023 · 1.74
Debt / equity
0.82▲
2023 · 0.78
ROE
0.4%▼
2023 · 1.6%
ROA
0.2%▼
2023 · 0.9%
Interest coverage
5.02▼
2023 · 7.10
Debt
€7.45M▲
2023 · €7.05M
Debt ≤ 1 year
€5.88M▲
2023 · €5.00M
Debt > 1 year
€1.55M▼
2023 · €2.01M
Income taxes
€40k▲
2023 · €921
Staff costs
€7.46M▼
2023 · €7.57M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€16.83M€17.23M▲
Fixed assets21/28€8.04M€7.64M▼
Intangible fixed assets21€1k-
Tangible fixed assets22/27€8.04M€7.64M▼
Land and buildings22€7.16M€6.88M▼
Plant, machinery and equipment23€849k€731k▼
Furniture and vehicles24€37k€29k▼
Financial fixed assets28€2k€2k=
Other financial fixed assets284/8€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€8.79M€9.59M▲
Stocks and contracts in progress3€76k€44k▼
Stocks30/36€76k€44k▼
Raw materials and consumables30/31€76k€44k▼
Amounts receivable within one year40/41€1.41M€715k▼
Trade receivables40€943k€618k▼
Other amounts receivable41€465k€97k▼
Current investments50/53€3.60M€4.50M▲
Cash at bank and in hand54/58€3.60M€4.27M▲
Deferred charges and accrued income490/1€102k€55k▼
Equity and liabilities
Total equity and liabilities10/49€16.83M€17.23M▲
Equity10/15€9.06M€9.04M▼
Reserves13€900k€900k=
Profit (loss) carried forward14€7.10M€7.14M▲
Investment grants15€1.06M€1.00M▼
Provisions and deferred taxes16€715k€736k▲
Provisions for liabilities and charges160/5€715k€736k▲
Major repairs and maintenance162€671k€592k▼
Other liabilities and charges164/5€44k€144k▲
Amounts payable17/49€7.05M€7.45M▲
Amounts payable after more than one year17€2.01M€1.55M▼
Financial debts170/4€2.01M€1.55M▼
Credit institutions173€2.01M€1.55M▼
Amounts payable within one year42/48€5.00M€5.88M▲
Current portion of amounts payable after more than one year42€482k€461k▼
Trade debts44€304k€279k▼
Suppliers440/4€304k€279k▼
Taxes, remuneration and social security45€1.76M€1.07M▼
Taxes450/3€51k€126k▲
Remuneration and social security454/9€1.71M€946k▼
Accrued charges and deferred income492/3€48k€30k▼
Income statement
Code20232024
Operating income70/76A€10.02M€9.49M▼
Turnover70€4.69M€4.29M▼
Own construction capitalised72-€5k
Other operating income74€219k€81k▼
Non-recurring operating income76A€2k€2k▲
Operating charges60/66A€9.87M€9.57M▼
Goods for resale, raw materials and consumables60€593k€255k▼
Purchases600/8€598k€223k▼
Change in stocks: decrease (increase)609€-6k€32k▲
Services and other goods61€1.40M€1.32M▼
Remuneration, social security and pensions62€7.57M€7.46M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€454k€427k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€31k€40k▲
Other operating charges640/8€30k€35k▲
Non-recurring operating charges66A-€1k
Operating profit (loss)9901€144k€-78k▼
Financial income75/76B€87k€224k▲
Recurring financial income75€87k€224k▲
Income from current assets751€28k€166k▲
Other financial income752/9€59k€59k▼
Financial charges65/66B€85k€72k▼
Recurring financial charges65€85k€72k▼
Debt charges650€84k€69k▼
Other financial charges652/9€889€2k▲
Profit (loss) for the period before taxes9903€146k€74k▼
Income taxes67/77€921€40k▲
Taxes670/3€921€40k▲
Profit (loss) for the period9904€145k€34k▼
Profit (loss) for the period to be appropriated9905€145k€34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7.10M€7.14M▲
Profit (loss) brought forward from the previous period14P€6.96M€7.10M▲
Social balance
Average headcount (FTE)9087268.1254.8▼
The notes to these accounts (68 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €145k
Net result €145k after one loss-making year.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 7 days late
2022
31-12
Financial
Weakest financial yearnet €-16k ▼123%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
06-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
22 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, Leuze-en-Hainaut · 1 establishment unit since 2003
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.
Zone industrielle de l'Europe(L) 17900 Leuze-en-HainautGround area
4.5 ha
Building footprint
2.2 ha
Parcel 57048B0169/00W000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Le Rucher
since 20032.155.221.422
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57048B0169/00W000 | Wallonia | 4.5 ha | 1 · 2.2 ha | - |
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 siteLeuze-en-Hainaut2.155.221.422
Legal Entity Identifier
984500K5B6837D5EMD71
Similar companies · same sector, comparable size
Village n°1 Entreprises
BE 0411.648.501
Braine-le-Château · Eq €9.03M
Kiemkracht
BE 0454.343.743
Hamme (Vl.) · Eq €9.21M
VAL DU GEER
BE 0407.841.646
Bassenge · Eq €9.46M
Les Hautes Ardennes, Aide aux Personnes handicapées
BE 0407.574.994
Vielsalm · Eq €8.49M
ASBL ATELIERS DE TERTRE
BE 0407.799.084
Saint-Ghislain · Eq €9.64M
Of 284 companies in sector 88993 we hold annual accounts for 246. 185 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded04-09-2003
Fiscal year end31-12
Activities, NACEBEL
85322
88993Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.