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 €199k and a net result of €-11k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 95% of 7777 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▲+12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k 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.
Credit advice for your own amount and term
Signals
Four 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 · 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
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 €-11k
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 →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€199k▼ 5.3%
2024 · €210k
2018: €188k
2019: €201k
2020: €200k
2021: €223k
2022: €263k
2023: €259k
2024: €210k
2018 → 2025
Total assets
€210k▼ 19.8%
2024 · €262k
2018: €312k
2019: €311k
2020: €319k
2021: €377k
2022: €415k
2023: €365k
2024: €262k
2018 → 2025
Net result
€-11k▲ 77.5%
2024 · €-49k
2018: €10k
2019: €12k
2020: €-1k
2021: €23k
2022: €40k
2023: €29
2024: €-49k
2018 → 2025
Working capital
€169k▼ 0.4%
2024 · €170k
2018: €101k
2019: €111k
2020: €124k
2021: €153k
2022: €212k
2023: €206k
2024: €170k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€223k-€263k▲ 17.8%€259k▼ 1.4%€210k▼ 19.0%€199k▼ 5.3%
Operating result€39k-€53k▲ 34.4%€3k▼ 94.4%€-46k€-13k▲ 71.2%
Net result€23k-€40k▲ 71.1%€29▼ 99.9%€-49k€-11k▲ 77.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €46k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210k
Fixed assets
€30k ▼ 26.0%
Current assets
€181k ▼ 18.6%
Equity and liabilities €210k
Equity
€199k ▼ 5.3%
Debt
€12k ▼ 77.9%
Debt's share of the balance-sheet total falls from 19.9% to 5.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2024 · €-36k
Cash flow
€-687▲
2024 · €-39k
Current ratio
15.62▲
2024 · 4.25
Quick ratio
14.83▲
2024 · 4.02
Debt to equity
0.06▼
2024 · 0.25
ROE
-5.6%▲
2024 · -23.5%
ROA
-5.3%▲
2024 · -18.8%
Interest coverage
-60.18▼
2024 · -9.29
Debt ≤ 1 year
€12k▼
2024 · €52k
Income taxes
€0▼
2024 · €220
Staff costs
€50k▼
2024 · €51k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€210k▼
Fixed assets21/28€40k€30k▼
Tangible fixed assets22/27€39k€29k▼
Land and buildings22€35k€25k▼
Plant, machinery and equipment23€526€235▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€545€545=
Current assets29/58€222k€181k▼
Stocks and contracts in progress3€12k€9k▼
Stocks30/36€12k€9k▼
Amounts receivable within one year40/41€12k€10k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€196k€161k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€262k€210k▼
Equity10/15€210k€199k▼
Contributions10/11€45k€45k=
Reserves13€188k€188k=
Distributable reserves133€188k€188k=
Profit (loss) carried forward14€-23k€-34k▼
Amounts payable17/49€52k€12k▼
Amounts payable within one year42/48€52k€12k▼
Trade debts44€975€187▼
Suppliers440/4€975€187▼
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€9k€8k▼
Other amounts payable47/48€37k€0▼
Income statement
Code20242025
Non-recurring operating income76A€7k€7k▼
Remuneration, social security and pensions62€51k€50k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k=
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€682€0▼
Gross operating margin9900€19k€50k▲
Operating profit (loss)9901€-46k€-13k▲
Financial income75/76B€990€2k▲
Recurring financial income75€990€2k▲
Financial charges65/66B€4k€48▼
Recurring financial charges65€4k€48▼
Profit (loss) for the period before taxes9903€-49k€-11k▲
Income taxes67/77€220€0▼
Profit (loss) for the period9904€-49k€-11k▲
Profit (loss) for the period to be appropriated9905€-49k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-49k€-34k▲
Profit (loss) brought forward from the previous period14P-€-23k
Transfer from equity791/2€26k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.70.7=
The notes to these accounts (12 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
17-08
State Gazette act
Resignation: Frederiek Vermote (director)2 facts ▸
State Gazette act
Resignation: Frederiek Vermote (director)
2 facts ▸
- General meeting, 20-07-2026
- Director resignation, Frederiek Vermote (director)
04-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 15.62
Current ratio from 4.25 to 15.62; short-term debt falls from €52k to €12k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-49k ▼169214%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
12-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €40k ▲71.1%
Operating result €53k, net result €40k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 5 days late
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
31-12
Financial
Equity above €200kEq €223k ▲11.6%
Equity rises from €200k to €223k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €201k ▲6.6%
2 profitable years in a row build equity to €201k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-07-2026
Resigned as Director
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1984
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.
Politieke Gevangenenstraat 428530 HarelbekeGround area
1,100 m²
Building footprint
244 m²
Volume, LiDAR
1,090 m³
Parcel 34322B0510/00G000, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Politieke Gevangenenstraat 42, 8530 Harelbeke
since 19842.023.809.087
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0510/00G000 | Flanders | 1,100 m² | 1 · 244 m² | 7.5 m · 1 fl. |
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.
Similar companies · same sector, comparable size
Elal Security
BE 0435.539.797
Wijnegem · Eq €198,711
DEMASS
BE 0842.345.822
Sint-Gillis-Waas · Eq €198,633
Verhaeghe - Gardin Elektriciteitswerken
BE 0544.444.667
Zuienkerke · Eq €198,834
EASY Energy Elec
BE 0789.797.952
Brussel · Eq €198,840
VAN WEZER ELEKTRICITEIT
BE 0886.765.486
Essen · Eq €198,521
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,279 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.