RUBICON PARTNERS
ActiveSummary
RUBICON PARTNERS has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €302k and a net result of €99k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
99
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 18.27 against 47.8 in 2023; short-term debt: 5.5% and cash: 90.4% of total assets), and 5.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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
94.5%
Return on assets
30.9%
Age of the figures
21 mo
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
35 d early
2021
33 d early
2020
40 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€302k▲ 1.4%
2023 · €298k
2018: €204k
2019: €165k
2020: €109k
2021: €140k
2022: €211k
2023: €298k
2018 → 2024
Total assets
€319k▲ 5.0%
2023 · €304k
2018: €226k
2019: €174k
2020: €111k
2021: €149k
2022: €224k
2023: €304k
2018 → 2024
Net result
€99k▲ 13.8%
2023 · €87k
2018: €17k
2019: €-39k
2020: €-37k
2021: €87k
2022: €72k
2023: €87k
2018 → 2024
Working capital
€301k▲ 2.2%
2023 · €295k
2018: €201k
2019: €162k
2020: €104k
2021: €137k
2022: €204k
2023: €295k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€109k-€140k▲ 28.7%€211k▲ 50.6%€298k▲ 41.1%€302k▲ 1.4%
Operating result€-36k-€97k€102k▲ 4.5%€123k▲ 21.4%€137k▲ 11.2%
Net result€-37k-€87k€72k▼ 17.8%€87k▲ 20.8%€99k▲ 13.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 11% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €319k
Fixed assets
€478 ▼ 83.2%
Current assets
€319k ▲ 5.8%
Equity and liabilities €319k
Equity
€302k ▲ 1.4%
Debt
€17k ▲ 169%
Debt's share of the balance-sheet total rises from 2.1% to 5.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€140k▲
2023 · €128k
Cash flow
€101k▲
2023 · €91k
Current ratio
18.27▼
2023 · 47.80
Debt to equity
0.06▲
2023 · 0.02
ROE
32.7%▲
2023 · 29.1%
ROA
30.9%▲
2023 · 28.5%
Interest coverage
1713.89▲
2023 · 803.98
Debt ≤ 1 year
€17k▲
2023 · €6k
Income taxes
€43k▲
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€304k€319k▲
Fixed assets21/28€3k€478▼
Tangible fixed assets22/27€3k€478▼
Furniture and vehicles24€3k€478▼
Other tangible fixed assets26€67-
Current assets29/58€301k€319k▲
Amounts receivable within one year40/41€31k€30k▼
Trade receivables40€20k€30k▲
Other amounts receivable41€11k-
Cash at bank and in hand54/58€271k€289k▲
Equity and liabilities
Total equity and liabilities10/49€304k€319k▲
Equity10/15€298k€302k▲
Contributions10/11€19k€19k=
Reserves13€279k€283k▲
Distributable reserves133€279k€283k▲
Amounts payable17/49€6k€17k▲
Amounts payable within one year42/48€6k€17k▲
Trade debts44€6k€3k▼
Suppliers440/4€2k€3k▲
Bills of exchange payable441€4k-
Taxes, remuneration and social security45-€12k
Taxes450/3-€12k
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3€190-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€129k€142k▲
Operating profit (loss)9901€123k€137k▲
Financial income75/76B€620€4k▲
Recurring financial income75€620€4k▲
Financial charges65/66B€159€81▼
Recurring financial charges65€159€81▼
Profit (loss) for the period before taxes9903€124k€142k▲
Income taxes67/77€37k€43k▲
Profit (loss) for the period9904€87k€99k▲
Profit (loss) for the period to be appropriated9905€87k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€99k▲
Transfer from equity791/2-€94k
Transfer to equity691/2€87k€99k▲
To other reserves6921€87k€99k▲
Profit to be distributed694/7-€94k
Return on contributions (dividend)694-€94k
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
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €99k ▲13.8%
Operating result €137k, net result €99k, both a record.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 47.80
Current ratio from 17.15 to 47.80; short-term debt falls from €13k to €6k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €211k ▲50.6%
2 profitable years in a row build equity to €211k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €87k
Net result €87k after 2 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 51.72
Current ratio from 19.23 to 51.72; short-term debt falls from €9k to €2k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-39k ▼333%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
Show earlier events
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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 · 1 establishment unit since 1996
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.
Leopold De Vriesstraat 262600 AntwerpenGround area
288 m²
Building footprint
108 m²
Volume, LiDAR
1,012 m³
Parcel 11303C0241/00A003, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leopold De Vriesstraat 26, 2600 Antwerpen
since 19962.079.561.818
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0241/00A003 | Flanders | 288 m² | 1 · 108 m² | 10.8 m · 3 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
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DELVAUX CONSEILS
BE 0459.832.260
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JUJACO
BE 1005.928.206
Heusden-Zolder · Eq €305k
A. QUATAERT
BE 0461.578.656
Hoeilaart · Eq €299k
Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 842 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-12-1996
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.