RUAMEL
ActiveSummary
RUAMEL has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €194,737 and a net result of €423. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 95% of 360 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €194,737
- Profit
- €423
Why 96raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 86.74, cash €186,594Equity €194,737 (98.8% of total assets)Founded in 2009Show the evidence
Checked score
Fewer than 1 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 47, micro): better than 92% on solvency, 99% on liquidity, 49% on profitability and 40% on growth.
The bankruptcy probability was computed on 11-10-2026 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 25 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Registered officeRegistered-office move · Director in…
- Weakest financial yearnet €423 ▼98.1%
Financials · financial year 2026, micro format
2026 annual accounts filed late (27 days) Filed on 28 August 2026, deadline 1 August 2026 (7 months after the close on 1 January 2026, Companies Code art. 3:10). Source: NBB, 2026-00498274.
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
The operating result falls in 2026; 2026 is 97% below 2025 and is the lowest 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 47, Retail trade: 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 10,905 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,468 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% | 1.0% |
| 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% 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 10,905 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €384 | €620 | €620 | €236 | ▼ 61.9% |
| Other operating charges640/8 | - | - | - | €348 | €388 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €10,310 | €4,631 | €6,891 | €31,937 | €44,506 | €14,225 | €35,354 | €1,639 | ▼ 95.4% |
| Operating profit (loss)9901 | €9,963 | €4,284 | €6,543 | €31,589 | €43,734 | €13,221 | €34,347 | €1,004 | ▼ 97.1% |
| Financial income75/76B | - | - | - | €602 | €438 | €193 | €155 | €77 | ▼ 50.7% |
| Recurring financial income75 | €384 | €839 | €1,047 | €602 | €438 | €193 | €155 | €77 | ▼ 50.7% |
| Financial charges65/66B | - | - | - | €45 | €51 | €46 | €117 | €134 | ▲ 14.4% |
| Recurring financial charges65 | €42 | €39 | €43 | €45 | €51 | €46 | €117 | €134 | ▲ 14.4% |
| Profit (loss) for the period before taxes9903 | €10,305 | €5,083 | €7,547 | €32,146 | €44,121 | €13,368 | €34,386 | €946 | ▼ 97.2% |
| Income taxes67/77 | €2,294 | €1,246 | €1,594 | €8,670 | €14,202 | €3,810 | €11,810 | €524 | ▼ 95.6% |
| Profit (loss) for the period9904 | €8,011 | €3,837 | €5,953 | €23,476 | €29,919 | €9,558 | €22,576 | €423 | ▼ 98.1% |
| Profit (loss) for the period to be appropriated9905 | €8,011 | €3,837 | €5,953 | €23,476 | €29,919 | €9,558 | €22,576 | €423 | ▼ 98.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €102,011 | €108,518 | €115,874 | €148,337 | €170,259 | €177,820 | €207,471 | €197,008 | ▼ 5.0% |
| Fixed assets21/28 | - | - | - | - | €1,475 | €856 | €236 | - | - |
| Tangible fixed assets22/27 | - | - | - | - | €1,475 | €856 | €236 | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,475 | €856 | €236 | - | - |
| Current assets29/58 | €102,011 | €108,518 | €115,874 | €148,337 | €168,783 | €176,964 | €207,235 | €197,008 | ▼ 4.9% |
| Amounts receivable within one year40/41 | €18,470 | €25,297 | €17,800 | €38,648 | €33,523 | €18,062 | €18,413 | €10,296 | ▼ 44.1% |
| Trade receivables40 | - | - | - | €29,948 | €29,522 | €8,590 | €8,892 | €8,161 | ▼ 8.2% |
| Other amounts receivable41 | - | - | - | €8,700 | €4,002 | €9,472 | €9,521 | €2,135 | ▼ 77.6% |
| Cash at bank and in hand54/58 | €83,541 | €83,105 | €98,006 | €109,606 | €134,934 | €158,741 | €188,777 | €186,594 | ▼ 1.2% |
| Deferred charges and accrued income490/1 | - | - | - | €83 | €325 | €161 | €45 | €118 | ▲ 162% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €102,011 | €108,518 | €115,874 | €148,337 | €170,259 | €177,820 | €207,471 | €197,008 | ▼ 5.0% |
| Equity10/15 | €98,995 | €102,832 | €108,785 | €132,261 | €162,180 | €171,738 | €194,314 | €194,737 | ▲ 0.2% |
| Contributions10/11 | €12,400 | €12,400 | - | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | - | - | €12,400 | - | - | - | - |
| Issued capital100 | - | - | - | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | - | - | - | €6,200 | - | - | - | - |
| Contributions outside capital11 | - | - | - | €12,400 | - | - | - | - | - |
| Other1109/19 | - | - | - | €12,400 | - | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €31,779 | €41,337 | €63,913 | €64,335 | ▲ 0.7% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | - | - | - | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €29,919 | €41,337 | €63,913 | €64,335 | ▲ 0.7% |
| Profit (loss) carried forward14 | €84,735 | €88,572 | €94,525 | €118,001 | €118,001 | €118,001 | €118,001 | €118,001 | = |
| Amounts payable17/49 | €3,016 | €5,686 | €7,089 | €16,076 | €8,078 | €6,082 | €13,157 | €2,271 | ▼ 82.7% |
| Amounts payable within one year42/48 | €3,016 | €4,051 | €7,089 | €16,076 | €8,078 | €6,082 | €13,157 | €2,271 | ▼ 82.7% |
| Financial debts43 | - | - | - | - | - | - | - | €63 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €63 | - |
| Trade debts44 | €665 | €1,700 | €4,120 | €3,338 | €779 | €4,241 | €1,295 | €794 | ▼ 38.7% |
| Suppliers440/4 | - | - | - | €3,338 | €779 | €4,241 | €1,295 | €794 | ▼ 38.7% |
| Taxes, remuneration and social security45 | - | - | - | €12,738 | €7,300 | €1,841 | €11,862 | €1,414 | ▼ 88.1% |
| Taxes450/3 | - | - | - | €12,738 | €7,300 | €1,841 | €11,862 | €1,414 | ▼ 88.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,011 | €3,837 | €5,953 | €23,476 | €29,919 | €9,558 | €22,576 | €423 | ▼ 98.1% |
| + Depreciation and write-downs630 | - | - | - | - | €384 | €620 | €620 | €236 | ▼ 61.9% |
| Operating cash flow (approximation) | €8,011 | €3,837 | €5,953 | €23,476 | €30,303 | €10,178 | €23,196 | €659 | ▼ 97.2% |
| Investment in fixed assets (approximation) | - | - | - | - | - | €0 | €0 | - | - |
| Change in cash | - | -€436 | €14,901 | €11,599 | €25,329 | €23,807 | €30,036 | -€2,184 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: not fully processed yet. The notices from February 2026 to September 2026 are still being read.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
01-06
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Board meeting, 11-05-2026
- Registered-office move, Mechelseweg 171A te 1880 Kapelle-op-den-Bos
- Director in office, Anthony van der Neut (director)
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 11 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23039A0155/00K000 | Flanders | 830 m² | 1 · 264 m² | 9.9 m · 3 |
| 21903B0499/00F002 | Brussels | 119 m² | 1 · 86 m² | 17.1 m · 5 |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 01-06-2026
Read from the deeds: 1 provision, deed of 01-06-2026