LERUSTE
ActiveLERUSTE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €19k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
82
/ 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
Profitability77=
Solvency91▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.44 against 2.41 in 2024; short-term debt: 14.2% and cash: 31.5% of total assets), and 33.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
66.1%
Return on assets
6.5%
Age of the figures
9 mo
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
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
29 d early
2023
16 d early
2022
28 d early
2021
32 d early
2020
1 d early
2019
20 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
2024 · €0
2018: €399k
2021: €0
2022: €0
2023: €0
2024: €0
2018 → 2025
EBIT margin
3.9%
Net result
€19k▼ 15.2%
2024 · €22k
2018: €10k
2019: €5k
2020: €16k
2021: €19k
2022: €36k
2023: €36k
2024: €22k
2018 → 2025
Working capital
€141k▲ 21.5%
2024 · €116k
2018: €67k
2019: €54k
2020: €64k
2021: €67k
2022: €73k
2023: €103k
2024: €116k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0€0€0€0
Equity€108k-€130k▲ 20.5%€166k▲ 27.6%€172k▲ 3.8%€191k▲ 11.0%
Operating result€24k-€51k▲ 114%€53k▲ 2.5%€38k▼ 27.9%€31k▼ 19.3%
Net result€19k-€36k▲ 94.4%€36k▼ 1.3%€22k▼ 38.0%€19k▼ 15.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets
€107k▼ 15.3%
Current assets
€182k▼ 8.1%
Equity and liabilities €289k
Equity
€191k▲ 11.0%
Debt
€98k▼ 35.7%
The debt ratio falls from 46.9% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▼
2024 · €61k
Cash flow
€42k▼
2024 · €45k
Solvency
66.1%▲
2024 · 53.1%
Current ratio
4.44▲
2024 · 2.41
Quick ratio
4.40▲
2024 · 2.39
Debt / equity
0.51▼
2024 · 0.88
ROE
9.9%▼
2024 · 12.9%
ROA
6.5%▼
2024 · 6.9%
Interest coverage
8.45▲
2024 · 7.68
Debt
€98k▼
2024 · €152k
Debt ≤ 1 year
€41k▼
2024 · €82k
Debt > 1 year
€54k▼
2024 · €68k
Income taxes
€7k▼
2024 · €8k
Staff costs
€105k▼
2024 · €164k
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€324k€289k▼
Formation expenses20€0€0=
Fixed assets21/28€126k€107k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€126k€107k▼
Plant, machinery and equipment23€96k€85k▼
Furniture and vehicles24€30k€22k▼
Other tangible fixed assets26€0-
Current assets29/58€198k€182k▼
Amounts receivable after more than one year29-€27k
Trade receivables290-€27k
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€66k€53k▼
Trade receivables40€62k€31k▼
Other amounts receivable41€5k€22k▲
Cash at bank and in hand54/58€122k€91k▼
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€324k€289k▼
Equity10/15€172k€191k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€164k€183k▲
Amounts payable17/49€152k€98k▼
Amounts payable after more than one year17€68k€54k▼
Financial debts170/4€68k€54k▼
Amounts payable within one year42/48€82k€41k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€33k€17k▼
Suppliers440/4€33k€17k▼
Taxes, remuneration and social security45€17k€9k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€12k€7k▼
Other amounts payable47/48€18k€0▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Remuneration, social security and pensions62€164k€105k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€227k€160k▼
Operating profit (loss)9901€38k€31k▼
Financial income75/76B€179€2k▲
Recurring financial income75€179€2k▲
Financial charges65/66B€8k€6k▼
Recurring financial charges65€8k€6k▼
Non-recurring financial charges66B€0€0=
Profit (loss) for the period before taxes9903€30k€26k▼
Income taxes67/77€8k€7k▼
Profit (loss) for the period9904€22k€19k▼
Profit (loss) for the period to be appropriated9905€22k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€180k€183k▲
Profit (loss) brought forward from the previous period14P€158k€164k▲
Profit to be distributed694/7€16k-
Return on contributions (dividend)694€16k-
The notes to these accounts (8 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
19-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative4 facts ▸
- General meeting, 24/04/2026
- Director appointment, G-WALL (administrateur)
- Permanent representative, Gaëtan Leruste
- Director resignation, Gaëtan Leruste (administrateur)
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €166k ▲27.6%
6 profitable years in a row build equity to €166k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €36k ▲94.4%
Net result €36k, the highest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €108k ▲21%
4 profitable years in a row build equity to €108k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €5k ▼51.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
G-WALL
CurrentDirector · since 24-04-2026 · Private limited company · perm. rep.: Gaëtan Leruste
24-04-2026
G-WALL: Appointed as Director
23-04-2026
Gaëtan Leruste: Resigned as Director
Location & real-estate footprint
Registered office, Oreye · 1 establishment unit since 2011
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.
Rue St-Eloi 94360 OreyeGround area
2,780 m²
Building footprint
180 m²
Volume, LiDAR
1,125 m³
Parcel 64061A0241/00P000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ERIC LERUSTE SPRL
since 20112.195.482.756
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64061A0241/00P000 | Wallonia | 2,780 m² | 1 · 180 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 partyControl over this companysits on this company's board1
1 subsidiary · 1 location
controls
LERUSTEBE 0832.641.268
Recognitions · licences · registrations
Recognised contractor
4 categoriesLERUSTE SRL33710
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Halen · Eq €191k
Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 2,076 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2011
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.