RUBICON ADVICE

Active

Private limited companyfounded 20179 yrs activeKoninginnenlaan 24, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0674.765.850

RUBICON ADVICE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-38k) and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

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Checked score

Score 2024

57 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability75▲+75

Solvency0=

Growth58▲+26

Track record100

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.59 against 0.61 in 2023; short-term debt: 130.3% and cash: 32.4% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

-30.3%

Return on assets

5.3%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 37968 sector peers (2024).

NBB · sector comparison

Position among 37968 sector peers

Solvency

better than 6%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 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 · 7 filings

Deviation from the deadline

2025

not confirmed

2024

68 d late

2023

30 d late

2022

31 d late

2021

34 d early

2020

on the day

2019

27 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-38k▲ 14.8%

2023 · €-45k

2018: €-3k 2019: €-23k 2020: €-41k 2021: €19k 2022: €-20k 2023: €-45k

2018 → 2024

Total assets

€126k▲ 23.9%

2023 · €101k

2018: €44k 2019: €56k 2020: €72k 2021: €186k 2022: €131k 2023: €101k

2018 → 2024

Net result

€7k

2023 · €-25k

2018: €-22k 2019: €-20k 2020: €-18k 2021: €60k 2022: €-38k 2023: €-25k

2018 → 2024

Working capital

€-67k▼ 18.9%

2023 · €-57k

2018: €-13k 2019: €-33k 2020: €-54k 2021: €9k 2022: €-26k 2023: €-57k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€-41k-€19k€-20k€-45k▼ 126%€-38k▲ 14.8%

Operating result€-5k-€96k€-23k€-13k▲ 42.4%€30k

Net result€-18k-€60k€-38k€-25k▲ 35.2%€7k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €30k after a loss of €13k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €126k

23.3%

76.7%

Fixed assets €29k▲ 146%

Current assets €96k▲ 7.7%

Key figures and ratios

2024 value · change against 2023

EBITDA

€36k▲

2023 · €-9k

Cash flow

€13k▲

2023 · €-20k

Solvency

-30.3%▲

2023 · -44.1%

Current ratio

0.59▼

2023 · 0.61

Quick ratio

0.59▼

2023 · 0.61

Debt / equity

-4.30▼

2023 · -3.27

ROA

5.3%▲

2023 · -24.6%

Interest coverage

17.48▲

2023 · -3.64

Debt

€164k▲

2023 · €146k

Debt ≤ 1 year

€164k▲

2023 · €146k

Income taxes

€22k▲

2023 · €9k

Staff costs

€46k▲

2023 · €39k

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€101k€126k▲

Fixed assets21/28€12k€29k▲

Tangible fixed assets22/27€12k€29k▲

Furniture and vehicles24€12k€18k▲

Other tangible fixed assets26-€11k

Current assets29/58€89k€96k▲

Amounts receivable within one year40/41€82k€49k▼

Trade receivables40€82k€49k▼

Other amounts receivable41€28€28=

Cash at bank and in hand54/58€4k€41k▲

Deferred charges and accrued income490/1€3k€7k▲

Equity and liabilities

Total equity and liabilities10/49€101k€126k▲

Equity10/15€-45k€-38k▲

Contributions10/11€19k€19k=

Profit (loss) carried forward14€-63k€-57k▲

Amounts payable17/49€146k€164k▲

Amounts payable within one year42/48€146k€164k▲

Trade debts44€64k€81k▲

Suppliers440/4€64k€81k▲

Taxes, remuneration and social security45€29k€40k▲

Taxes450/3€22k€32k▲

Remuneration and social security454/9€7k€8k▲

Other amounts payable47/48€53k€42k▼

Income statement Code20232024

Remuneration, social security and pensions62€39k€46k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲

Other operating charges640/8€3k€5k▲

Gross operating margin9900€33k€87k▲

Operating profit (loss)9901€-13k€30k▲

Financial charges65/66B€2k€2k▼

Recurring financial charges65€2k€2k▼

Profit (loss) for the period before taxes9903€-16k€28k▲

Income taxes67/77€9k€22k▲

Profit (loss) for the period9904€-25k€7k▲

Profit (loss) for the period to be appropriated9905€-25k€7k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-63k€-57k▲

Profit (loss) brought forward from the previous period14P€-38k€-63k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 11Financial 4Filings 7

2025

07-10

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 68 days late

2024

31-12

Financial Back to profitnet €7k

Net result €7k after 2 loss-making years.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

31-12

Financial Weakest financial yearnet €-38k ▼164%

Net result drops to €-38k, the lowest in the series; recovery starts the following year.

27-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Back to profitnet €60k

Net result €60k after 3 loss-making years.

31-12

Financial Liquidity doublescurrent ratio 1.05

Current ratio from 0.52 to 1.05.

31-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

27-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 27 days late

2019

27-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 27 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Knokke-Heist · 1 establishment unit since 2017

establishment The establishment unit on the map

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.

Koninginnenlaan 248300 Knokke-Heist

Ground area

308 m²

Building footprint

308 m²

Volume, LiDAR

4,633 m³

Parcel 31334B0291/00A000, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

RUBICON ADVICE

Koninginnenlaan 24, 8300 Knokke-HeistBusiness consulting

since 20172.264.988.602

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31334B0291/00A000	Flanders	308 m²	1 · 308 m²	23.8 m · 6 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

Chaudfontaine · Eq €19k

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 29,781 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded24-04-2017

Fiscal year end31-12

Activities, NACEBEL

46180Agents specialised in the wholesale of other particular products

70200Business and other management consultancy

70220Business consulting

64200Holdings

64210Activities of holding companies

Sources

Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.