Financials
- Fiscal year
- 2025
- Total assets
- €210,258
- Loss
- -€11,102
- Solvency
- 94.5%
Total assets▼ 19.8%
Net result
20182025
Riluc
ActiveSummary
Riluc has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198,692 and a net result of -€11,102. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
General electrical installation work
NACE 43211NACE 45310
#9 oldest company in Harelbeke, Construction sector1 site
Size
€210,258total assets 2025
- Staff
- 0.7 FTE
- Equity
- €198,692
- Loss
- -€11,102
Turnover not published (abridged schema)
Structure
Accounts 88 d early1 of 2 deeds read
Why 95- Sector Specialised construction activities (NACE 43)- Loss of €11,102, the second in a row (FY 2025)+ Liquidity: current ratio 15.62, cash €160,695+ Equity €198,692 (94.5% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 94.5% of total assets
Liquidity
100+6
short-term debt 5.5% · cash 76.4%
Profitability
12+12
return on assets -5.3%
Bankruptcy probability, 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).
Last 15 months
08-2025: 0.2%highest value
09-2025: 0.2%● 0.0% vs 08-2025highest value
10-2025: 0.2%● 0.0% vs 09-2025highest value
11-2025: 0.2%● 0.0% vs 10-2025highest value
12-2025: 0.2%● 0.0% vs 11-2025highest value
01-2026: 0.2%▼ -13.8% vs 12-2025
02-2026: 0.2%● 0.0% vs 01-2026
03-2026: 0.2%● 0.0% vs 02-2026
04-2026: 0.2%● 0.0% vs 03-2026
05-2026: 0.2%● 0.0% vs 04-2026
06-2026: 0.1%▼ -54.5% vs 05-2026lowest value
07-2026: 0.1%● 0.0% vs 06-2026lowest value
08-2026: 0.1%● 0.0% vs 07-2026lowest value
09-2026: 0.1%● 0.0% vs 08-2026lowest value
10-2026: 0.1%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 15.62, cash €160,695 lowers the probability
- Sector Specialised construction activities (NACE 43) raises the probability
- Loss of €11,102, the second in a row (FY 2025) raises the probability
- Equity €198,692 (94.5% of total assets) lowers the probability
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 15.62 against 4.25 in 2024; short-term debt: 5.5% and cash: 76.4% of total assets), and 5.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 98%, profitability 12%, growth against the median 28%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11,102
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
88 d early
2024
93 d early
2023
100 d early
2022
110 d early
2021
5 d late
2020
4 d early
2019
9 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 29 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Resignation: Frederiek Vermote (director)State Gazette act
- Annual accounts filedfiscal year 2025 · abbreviated…
- Liquidity quadruplescurrent ratio 15.62
Key points
- Caution: Among the weakest 14% on net resultsector median €27,675 · 8,587 companies -€11,102 View
- Caution: 2 loss-making years in a rowloss fiscal year 2025 -€11,102 View
- A director leftlatest change 20-07-2026 · 0 in office 1 left View
- Positive: Always filed on timeaccounts within the deadline every year 4 years View
By topic
Timeline
- Events
- 17
- Since
- 2017
- Next accounts
- by 31-07-2027
- 17-08-2026Resignation: Frederiek Vermote (director)
- 04-05-2026Annual accounts filed
- 31-12-2025Liquidity quadruples
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General electrical installation workNACE 43211
- Founded
- 30-12-1983
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.