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Complete company report
Generated 06-09-2026
Active BE 0791.489.910Private limited company

Ruben Projects

Sint-Jansberg 5 ·3680 Maaseik, Belgium· 3 yrs active
Sector: Development of residential building projects (68121)
Conclusion Checked

Ruben Projects has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-38k) and a net result of €-28k. Its solvency ranks better than 15% of 13655 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €-38k
Net result €-28k
Better than sector 15%
Active 3 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health45Profitability100Solvency67Growth58Stability94
73 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 45
Profitability 100
Solvency 67
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
1.1% Low
0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2025 · computed
45 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
negative equity or figures too weak
Score history
40 2024
45 2025
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 2.12 (≥ 1.5) +10
Quick ratio Quick ratio 0.43 (< 0.6) -5
Equity Negative equity -25
Profitability ROE 74% (≥ 10%) +10
Profit trend Net profit up YoY +5
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 13-01-2026 with the NBB · fiscal year 2025 · micro schema
€-60k€-40k€-20k€0Operating result 2024: €-36k€-36kNet result 2024: €-60k€-60kOperating result 2025: €-3k€-3kNet result 2025: €-28k€-28k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -5.3% 29.8%
better than 15% of 13655 sector peers
Net result €-28k €6k
better than 13% of 13656 sector peers
Equity €-38k €78k
better than 12% of 13671 sector peers
Gross operating margin €-3k €41k
better than 14% of 13639 sector peers
Total assets €707k €416k
better than 65% of 13659 sector peers
Net profit
€-28k
+53.1% 24-25
Total assets
€707k
-4.3% 24-25
Equity
€-38k
-291.5% 24-25
Working capital
€373k
-4.5% 24-25
Debt
€744k
-0.5% 24-25
Debt ≤ 1y
€334k
-4.1% 24-25
Debt > 1y
€411k
+2.6% 24-25
Current ratio
2.12
-0.2% 24-25
Quick ratio
0.43
-14.7% 24-25
Solvency
-5.3%
-309.2% 24-25
Debt / equity
-19.82
+74.6% 24-25
ROE
74.5%
-88.0% 24-25
ROA
-4.0%
+51.0% 24-25
Figures by fiscal year and ratios
Fiscal year20252024
Depositmicro schemamicro schema
Revenue--
EBITDA--
Net profit€-28k€-60k
Cash flow--
Staff costs--
Income taxes--
Dividends--
Total assets€707k€739k
Equity€-38k€-10k
Debt€744k€748k
of which ≤ 1y€334k€348k
of which > 1y€411k€400k
Working capital€373k€390k
Employees (FTE)--
Ratios (computed)
20252024
Current ratio2.122.12
Quick ratio0.430.50
Working capital ratio52.8%52.9%
Solvency-5.3%-1.3%
Debt / equity-19.82-78.00
Long-term debt ratio-10.93-41.70
Interest coverage--
Gross margin--
Net margin--
ROA-4.0%-8.1%
ROE74.5%621.3%
EBITDA margin--
Days sales outstanding--
Days payable outstanding--
Inventory turnover--
Days inventory (DSI)--
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code20252024
Balance sheet, Assets
TOTAL ASSETS 20/58€707k€739k
Current assets 29/58€707k€739k
Stocks & contracts in progress 3€564k€564k
Amounts receivable within one year 40/41€47€15k
Cash & bank 54/58€349€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€707k€739k
Equity 10/15€-38k€-10k
Contributions / capital 10/11€50k€50k
Accumulated profits (losses) 14€-88k€-60k
Amounts payable 17/49€744k€748k
Amounts payable after one year 17€411k€400k
Amounts payable within one year 42/48€334k€348k
Trade debts payable within one year 44-€14k
Income statement
Gross operating margin 9900€-3k€-35k
Operating result 9901€-3k€-36k
Financial charges 65€25k€24k
Result before taxes 9903€-28k€-60k
Net result for the period 9904€-28k€-60k
Result to be appropriated 9905€-28k€-60k
Legal Structure
NACE primary Development of residential building projects(68121)
Legal form Private limited company(610)
Incorporation28-09-2022
StatusActive
Postal code3680
Establishment units 1 location
Ruben Projects
Sint-Jansberg 5, 3680 MaaseikConstruction of residential and non-residential buildings
since 20222.337.772.551
Real-estate footprint Source: CBE × cadastre
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72021A1432/00R000 Flanders 3,866 m² 1 · 815 m² 9.5 m · 1 fl.
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.
Updates 2 events
Next filing, fiscal year 2026, expected by 31-01-2027
2026
13-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
NBB filing
Belgian State Gazette reading coverage 0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount
Company registry (CBE) Crossroads Bank
Activities
Development of residential building projects68121Property management for co-owned buildings (syndics)68321
Names & trade names
Legal nameNL Ruben Projects
Similar companies Same sector and region · no size comparison possible · 7,108 of 9,643 with filed accounts
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COMFORT HOUSES BE 0863.711.655 · Maaseik
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative

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