RUBEN M
ActiveRUBEN M has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €419k and a net result of €157k. Equity is growing by ~46.1% per year across the filed fiscal years. Its solvency ranks better than 86% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.43 against 4.52 in 2023), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.6%
Return on assets
29.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
142 d late
2022
70 d late
2021
83 d late
2020
62 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€419k▲ 52.9%
2023 · €274k
2018: €45k
2019: €60k
2020: €71k
2021: €95k
2022: €186k
2023: €274k
2018 → 2024
Total assets
€539k▲ 51.8%
2023 · €355k
2018: €87k
2019: €81k
2020: €119k
2021: €157k
2022: €287k
2023: €355k
2018 → 2024
Net result
€157k▲ 80.4%
2023 · €87k
2018: €13k
2019: €15k
2020: €10k
2021: €25k
2022: €91k
2023: €87k
2018 → 2024
Working capital
€413k▲ 57.2%
2023 · €263k
2018: €39k
2019: €56k
2020: €67k
2021: €143k
2022: €189k
2023: €263k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€71k-€95k▲ 35.2%€186k▲ 95.4%€274k▲ 46.8%€419k▲ 52.9%
Operating result€20k-€39k▲ 94.5%€138k▲ 252%€134k▼ 3.2%€238k▲ 77.8%
Net result€10k-€25k▲ 137%€91k▲ 266%€87k▼ 4.2%€157k▲ 80.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 78% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €539k
Fixed assets
€6k▼ 69.0%
Current assets
€533k▲ 58.2%
Equity and liabilities €539k
Equity
€419k▲ 52.9%
Debt
€121k▲ 48.0%
The debt ratio falls from 22.9% to 22.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€240k▲
2023 · €141k
Cash flow
€159k▲
2023 · €95k
Solvency
77.6%▲
2023 · 77.1%
Current ratio
4.43▼
2023 · 4.52
Quick ratio
4.38▼
2023 · 4.44
Debt / equity
0.29▼
2023 · 0.30
ROE
37.6%▲
2023 · 31.9%
ROA
29.2%▲
2023 · 24.6%
Interest coverage
245.60▲
2023 · 107.61
Debt
€121k▲
2023 · €81k
Debt ≤ 1 year
€121k▲
2023 · €75k
Income taxes
€81k▲
2023 · €45k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€355k€539k▲
Fixed assets21/28€18k€6k▼
Tangible fixed assets22/27€18k€6k▼
Land and buildings22€1k€861▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€12k€1k▼
Current assets29/58€337k€533k▲
Stocks and contracts in progress3€6k€6k=
Stocks30/36€6k€6k=
Amounts receivable within one year40/41€175k€215k▲
Trade receivables40€158k€208k▲
Other amounts receivable41€16k€7k▼
Cash at bank and in hand54/58€156k€313k▲
Deferred charges and accrued income490/1€720-
Equity and liabilities
Total equity and liabilities10/49€355k€539k▲
Equity10/15€274k€419k▲
Contributions10/11€19k€19k=
Reserves13€244k€388k▲
Distributable reserves133€244k€388k▲
Profit (loss) carried forward14€12k€12k=
Amounts payable17/49€81k€121k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€75k€121k▲
Current portion of amounts payable after more than one year42€18k€7k▼
Financial debts43€220-
Credit institutions430/8€220-
Trade debts44€18k€13k▼
Suppliers440/4€18k€13k▼
Taxes, remuneration and social security45€30k€92k▲
Taxes450/3€30k€92k▲
Other amounts payable47/48€8k€8k▲
Income statement
Code20232024
Non-recurring operating income76A€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€2k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€146k€243k▲
Operating profit (loss)9901€134k€238k▲
Financial income75/76B€52€1k▲
Recurring financial income75€52€11▼
Non-recurring financial income76B-€1k
Financial charges65/66B€1k€978▼
Recurring financial charges65€1k€978▼
Profit (loss) for the period before taxes9903€133k€239k▲
Income taxes67/77€45k€81k▲
Profit (loss) for the period9904€87k€157k▲
Profit (loss) for the period to be appropriated9905€87k€157k▲
Appropriation of the result
Profit (loss) to be appropriated9906€99k€169k▲
Profit (loss) brought forward from the previous period14P€12k€12k=
Transfer from equity791/2-€13k
Transfer to equity691/2€87k€157k▲
To other reserves6921€87k€157k▲
Profit to be distributed694/7-€13k
Return on contributions (dividend)694-€13k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2018net €157k ▲80.4%
Operating result €238k, net result €157k, both a record.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
2023
31-12
Financial
Equity above €200kEq €274k ▲46.8%
6 profitable years in a row build equity to €274k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Equity above €150kEq €186k ▲95.4%
5 profitable years in a row build equity to €186k.
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 83 days late
2021
31-12
Financial
Liquidity times 6current ratio 13.14
Current ratio from 2.39 to 13.14; short-term debt falls from €48k to €12k.
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
31-12
Financial
Weakest financial yearnet €10k ▼31.9%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 42 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 2012
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.
Steynstraat 1062660 AntwerpenGround area
459 m²
Building footprint
175 m²
Volume, LiDAR
1,404 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
RUBEN M
since 20122.212.919.693
Ruben M
since 20232.359.013.769
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0075/00K003 | Flanders | 276 m² | 1 · 69 m² | 8.8 m · 3 fl. |
| 11019B0115/00H006 | Flanders | 183 m² | 1 · 106 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,429 companies in sector 41003 we hold annual accounts for 1,047. 637 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2012
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.