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RUBICON LC

Active
Private limited companyfounded 2010active for 15 yearsVoie du Jointy(VER) 5, 4537 Verlaine, BelgiumKBO/BCE: BE 0831.285.842
Summary

The computed 12-month bankruptcy probability of RUBICON LC is 2.2% (moderate). The 2024 annual accounts show negative equity (-€46,933) and a net result of €7,129. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 20% of 6,104 sector peers (NACE 96, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Day spas, saunas and steam baths
NACE 96230Beauty care and other beauty treatments NACE 96220
1 site
Size
€112,026total assets 2024
Equity
-€46,933
Profit
€7,129
Financial health
52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts 72 days overdue0 of 5 deeds read
Why 52raises riskFigures for financial year 2024 (filed 11-07-2025)1 financial year not filed after the legal deadline; 2 of the last 3 latelowers riskFounded in 2010Size: total assets €112,026Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 96, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -41.9% of total assets
Liquidity 11-1
short-term debt 76.6% · cash 2.4%
Profitability 77-5
return on assets 6.4%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,596 companies, NACE 96, micro)
Last 24 months 11-2024: 1.5% 12-2024: 1.5%● unchanged vs 11-2024 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.4%▼ -0.1 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▼ -0.2 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.1%▼ -0.1 percentage points vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026lowest value 08-2026: 1.5%▲ +0.5 percentage points vs 07-2026 09-2026: 1.7%▲ +0.2 percentage points vs 08-2026 10-2026: 2.2%▲ +0.5 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.17, compared with 0.17 in 2023; short-term debt: 76.6% and cash: 2.4% of total assets), and equity is negative.
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 96, micro): better than 11% on solvency, 11% on liquidity, 61% on profitability and 61% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 11-07-2025)
NBB · annual accounts
lowers risk · Founded in 2010
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €112,026
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; 2 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 6104 sector peers (2024).
NBB · sector comparison
Position among 6104 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 days early
2023
57 days late
2022
36 days late
2021
87 days late
2020
26 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 36 days after the deadline; the sector median (NACE 96) for financial year 2024 is on the deadline day, and 48% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Back to profitnet €13,291

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€46,933 View
  • Caution: Among the weakest 9% on equitysector median €14,431 · 6,115 companies -€46,933 View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View

By topic

Financials

Financial year
2024
Total assets
€112,026
Profit
€7,129
Solvency
-41.9%
Go to Financials

Timeline

Events
17
Since
2012
  1. 05-09-2023Annual accounts filed
  2. 26-10-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Day spas, saunas and steam bathsNACE 96230
Founded
23-11-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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