LE RUSTIC
ActiveSummary
LE RUSTIC has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,732 and a net result of €17,487. Equity is growing by about 30% per year across the filed financial years. Its solvency ranks better than 94% of 16,925 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
- Staff
- ≈ 0.2 FTE, estimated
- Equity
- €39,732
- Profit
- €17,487
Why 87raises riskSector: Food and beverage service activities (NACE 56)Size: total assets €45,866Last filed accounts filed 28 days late; 1 of the last 3 latelowers riskFounded in 2008Show the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 94% on solvency, 89% on liquidity, 93% on profitability and 87% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 68 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €17,487 ▲67.6%
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444309.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,445 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% | 0.9% |
| 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 74.5% 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 34,693 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | - | - | - | €4,119 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €900 | €625 | €1,657 | €1,804 | €2,193 | €2,860 | €1,712 | €1,400 | ▼ 18.2% |
| Other operating charges640/8 | - | - | - | €174 | €560 | €110 | €1,924 | €1,439 | ▼ 25.2% |
| Gross operating margin9900 | -€9,417 | -€8,218 | -€4,270 | -€6,337 | €6,019 | €10,531 | €14,192 | €24,646 | ▲ 73.7% |
| Operating profit (loss)9901 | -€10,665 | -€9,241 | -€5,938 | -€8,315 | €3,266 | €7,561 | €10,556 | €17,688 | ▲ 67.6% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - | - |
| Recurring financial income75 | €191 | - | €1 | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €536 | €227 | €177 | €124 | €201 | ▲ 62.1% |
| Recurring financial charges65 | €71 | €768 | €300 | €536 | €227 | €177 | €124 | €201 | ▲ 62.1% |
| Profit (loss) for the period before taxes9903 | -€10,545 | -€10,009 | -€6,237 | -€8,851 | €3,039 | €7,384 | €10,432 | €17,487 | ▲ 67.6% |
| Profit (loss) for the period9904 | -€10,545 | -€10,009 | -€6,237 | -€8,851 | €3,039 | €7,384 | €10,432 | €17,487 | ▲ 67.6% |
| Profit (loss) for the period to be appropriated9905 | -€10,545 | -€10,009 | -€6,237 | -€8,851 | €3,039 | €7,384 | €10,432 | €17,487 | ▲ 67.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €16,711 | €16,158 | €7,659 | €7,279 | €7,667 | €17,866 | €25,999 | €45,866 | ▲ 76.4% |
| Fixed assets21/28 | €8,689 | €8,064 | €6,408 | €5,552 | €5,348 | €3,488 | €1,776 | €375 | ▼ 78.9% |
| Intangible fixed assets21 | €2,500 | €1,875 | €1,250 | €1,426 | €485 | €169 | - | - | - |
| Tangible fixed assets22/27 | €6,189 | €6,189 | €5,158 | €4,126 | €4,863 | €3,319 | €1,776 | €375 | ▼ 78.9% |
| Furniture and vehicles24 | - | - | - | - | €1,768 | €1,256 | €744 | €375 | ▼ 49.6% |
| Other tangible fixed assets26 | - | - | - | €4,126 | €3,095 | €2,063 | €1,032 | - | - |
| Current assets29/58 | €8,022 | €8,094 | €1,251 | €1,727 | €2,319 | €14,378 | €24,223 | €45,491 | ▲ 87.8% |
| Stocks and contracts in progress3 | - | - | - | €450 | - | €3,146 | €3,753 | €2,351 | ▼ 37.4% |
| Stocks30/36 | - | - | - | €450 | - | €3,146 | €3,753 | €2,351 | ▼ 37.4% |
| Amounts receivable within one year40/41 | - | - | €593 | €912 | €1,952 | €6,410 | €7,810 | €29,011 | ▲ 271% |
| Trade receivables40 | - | - | - | €297 | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €616 | €1,952 | €6,410 | €7,810 | €29,011 | ▲ 271% |
| Cash at bank and in hand54/58 | €7,994 | €8,094 | €658 | €364 | €367 | €4,822 | €12,660 | €14,129 | ▲ 11.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €16,711 | €16,158 | €7,659 | €7,279 | €7,667 | €17,866 | €25,999 | €45,866 | ▲ 76.4% |
| Equity10/15 | -€54,513 | -€64,522 | -€70,759 | -€79,611 | €4,429 | €11,813 | €22,245 | €39,732 | ▲ 78.6% |
| Contributions10/11 | €13,467 | €13,467 | - | €13,467 | €13,467 | €13,467 | €13,467 | €13,467 | = |
| Profit (loss) carried forward14 | -€67,980 | -€77,989 | -€84,226 | -€93,077 | -€9,038 | -€1,654 | €8,778 | €26,265 | ▲ 199% |
| Amounts payable17/49 | €71,224 | €80,680 | €78,418 | €86,889 | €3,238 | €6,053 | €3,754 | €6,134 | ▲ 63.4% |
| Amounts payable within one year42/48 | €69,795 | €80,680 | €78,418 | €86,889 | €3,238 | €6,053 | €3,754 | €6,134 | ▲ 63.4% |
| Trade debts44 | €15,648 | €10,462 | €89 | €1,733 | €3,230 | €6,053 | €1,500 | €2,323 | ▲ 54.9% |
| Suppliers440/4 | - | - | - | €1,733 | €3,230 | €6,053 | €1,500 | €2,323 | ▲ 54.9% |
| Taxes, remuneration and social security45 | - | - | - | - | - | - | €2,254 | €3,811 | ▲ 69.1% |
| Taxes450/3 | - | - | - | - | - | - | €2,254 | €3,811 | ▲ 69.1% |
| Other amounts payable47/48 | - | - | - | €85,157 | €8 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,545 | -€10,009 | -€6,237 | -€8,851 | €3,039 | €7,384 | €10,432 | €17,487 | ▲ 67.6% |
| + Depreciation and write-downs630 | €900 | €625 | €1,657 | €1,804 | €2,193 | €2,860 | €1,712 | €1,400 | ▼ 18.2% |
| Operating cash flow (approximation) | -€9,645 | -€9,384 | -€4,581 | -€7,048 | €5,232 | €10,244 | €12,144 | €18,887 | ▲ 55.5% |
| Investment in fixed assets (approximation) | - | €0 | -€0 | -€948 | -€1,989 | -€1,000 | €0 | €1 | - |
| Change in cash | - | €100 | -€7,436 | -€294 | €3 | €4,455 | €7,838 | €1,469 | ▼ 81.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00444309 |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00475863 |
| 31-12-2023 | micro format | 30-09-2024 | 2024-00495196 |
| 31-12-2022 | micro format | 29-11-2023 | 2023-00520075 |
| 31-12-2021 | micro format | 03-08-2022 | 2022-20265431 |
| 31-12-2020 | micro format | 15-11-2021 | 2021-77300253 |
| 31-12-2019 | full format | 08-12-2020 | 2020-75500135 |
| 31-12-2018 | full format | 27-04-2020 | 2020-10900403 |
| 31-12-2017 | full format | 27-12-2018 | 2018-75900152 |
| 31-12-2016 | full format | 27-09-2017 | 2017-63500313 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAKBICH Mohamed |
|
| AMRAOUI Nourraddine |
|
| BOULAHRIR Rida |
|
| Moldovan Constantin |
|
Owners and capital
Capital and shareholders
- BOULAHRIR Rida to LAKBICH Mohamed 50 shares
- AMRAOUI Nourraddine to LAKBICH Mohamed 50 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-01-2024 Converted to unavailable equity · €13,467
- 11-01-2024 Converted to uncalled contributions · €5,133
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
11-01
Gazette deed
Amendment of the articles · Legal-form changeLegal-form conversion · Capital conversion · Capital8 facts ▸
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Capital conversion, “compte de capitaux propres apports non appelés” (deed in French)
- Other provision, “limitation du compte indisponible, solde disponible pour distribution” (deed in French)
- Amendment of the articles
- Capital
- Director in office, LAKBICH Mohamed (director)
- Power of attorney (2 times)
12-01
Gazette deed
Resignations: BOULAHRIR Rida (director) and AMRAOUI Nourraddine (director)Appointment: LAKBICH Mohamed (director) · Share transfer · Shareholding8 facts ▸
- General meeting, 31-12-2022
- Share transfer, BOULAHRIR Rida → LAKBICH Mohamed
- Share transfer, AMRAOUI Nourraddine → LAKBICH Mohamed
- Director resignation, BOULAHRIR Rida (director)
- Director resignation, AMRAOUI Nourraddine (director)
- Director appointment, LAKBICH Mohamed (director)
- Shareholding, “actions”, 100 (deed in French)
- Shareholding, “action”, 0 (deed in French) (2 times)
26-09
Gazette deed
Resignation: Moldovan Constantin (director)Appointments: Rida Boulahrir (director) and Nourraddine Amraoui (director) · Director discharge6 facts ▸
- General meeting, 14-09-2022
- Other provision, “unanimité, ratification cession des actions” (deed in French)
- Director resignation, Moldovan Constantin (director)
- Director discharge, Moldovan Constantin (director)
- Director appointment, Rida Boulahrir (director)
- Director appointment, Nourraddine Amraoui (director)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 3 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Food safety, FASFC
1 siteEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21306D0196/00X004 | Brussels | 206 m² | 1 · 134 m² | 11.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Toutes les activités commerciales et de fabrication d’articles de cadeaux,de décoration et de meubles en métal ou en bois ainsi que toutes…” (deed in French)
17 activities (deed in French)
- Toutes les activités commerciales et de fabrication d’articles de cadeaux,de décoration et de meubles en métal ou en bois ainsi que toutes les activités commerciales et de fabrication qui ne requièrent pas d’accès à la profession.
- Toutes activités généralement quelconques se rapportant au tourisme.
- Activités se rapportant au secteur Horeca:
- Livraison de plats chauds et froids et boissons à domicile;
- L'exploitation,la gestion,la prise à bail,la location,l'acquisition,la vente,la création,l'installation d'hôtels,motels,de tavernes,de brasseries,restaurants,débits de boissons,cafés,snacks-bars,sandwicheries,bars,brasseries,tea-rooms,salons de dégustation,saunas,dancings,night-club,
- Clubs privés,services traiteurs,organisateurs de banquets,friteries et tout autre établissement de restauration et toute autre activité qui s'y rapporte.
- L'achat et la vente,l'importation et l'exportation de tous produits alimentaires ainsi que de toutes boissons.
- Toutes opérations se rapportant directement ou indirectement au commerce en gros et en détail et à la fabrication du pain,chocolats,pralines,confiseries,et tous articles se rapportant à la boulangerie et à la pâtisserie,ainsi que le service traiteur.
- Toute activité relevant du secteur de l'hôtellerie,de la restauration et du débit de boissons,tels que notamment l'exploitation d'hôtels,restaurants,cafés,drugstores,snack-bar,night-club,cafétérias et autres établissements similaires;ainsi que le commerce sous toutes ses formes de produits de consommation et articles pour fumeur,et notamment de plats préparés à consommer sur place,à emporter ou à livrer à domicile,en ce corn ris notamment l'activité de traiteur.
- L'organisation de fêtes de toute nature,de banquets,de buffets et de salons,et la mise à disposition ainsi que la location de tous espaces et toutes salles.
- Brocantes
- Poissonnerie
- Boucherie
- Glacerie
- Commerce alimentaire
- Titre service
- Activités de ressources humaines:recrutement/placement de personnel.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- LE RUSTIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)“Fixe ou proportionnelle, frais de représentation voyages et déplacements indépendants” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, 9” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous cas de cessions entre vifs à titre onéreux ou gratuit volontaires ou forcées y compris exclusion et retrait en usufruit nue-propriété…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, organe qui procède à l’émission” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérant dans formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pour quelque cause et à quelque moment que ce soit, par le ou les administrateurs en fonction” (deed in French)