RUBON
ActiveRUBON has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €28k and a net result of €227k. Equity is shrinking by ~25.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 27% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+30
Solvency4▼-29
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.34 against 0.11 in 2024), and 94.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 2025Solvency, return and age of the figures
Solvency
5.8%
Return on assets
47%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
32 d early
2023
29 d late
2022
30 d early
2021
31 d late
2020
28 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€28k
2024 · €-199k
2018: €-38k
2019: €-61k
2020: €-71k
2021: €-104k
2022: €-120k
2023: €-172k
2024: €-199k
2018 → 2025
Total assets
€483k▲ 106%
2024 · €234k
2018: €273k
2019: €268k
2020: €263k
2021: €257k
2022: €248k
2023: €242k
2024: €234k
2018 → 2025
Net result
€227k
2024 · €-28k
2018: €-6k
2019: €-23k
2020: €-11k
2021: €-32k
2022: €-17k
2023: €-51k
2024: €-28k
2018 → 2025
Working capital
€-299k▼ 2,039%
2024 · €-14k
2018: €-12k
2019: €-8k
2020: €-7k
2021: €-7k
2022: €-10k
2023: €-7k
2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-104k-€-120k▼ 16.0%€-172k▼ 42.8%€-199k▼ 16.2%€28k
Operating result€-32k-€-16k▲ 49.2%€-41k▼ 156%€-27k▲ 33.7%€231k
Net result€-32k-€-17k▲ 48.6%€-51k▼ 210%€-28k▲ 46.1%€227k
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 2025: €231k after a loss of €27k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483k
Fixed assets
€332k▲ 42.7%
Current assets
€151k▲ 8,747%
Equity and liabilities €483k
Equity
€28k
Debt
€455k
Debt finances 94.2% of the balance-sheet total.
Key figures and ratios
Solvency
5.8%▲
2024 · -85.0%
Current ratio
0.34▲
2024 · 0.11
Quick ratio
0.34▲
2024 · 0.11
Debt / equity
16.34▲
2024 · -2.18
ROE
815.1%▲
2024 · 13.9%
ROA
47.0%▲
2024 · -11.8%
Debt
€455k▲
2024 · €434k
Debt ≤ 1 year
€450k▲
2024 · €16k
Income taxes
€4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€234k€483k▲
Fixed assets21/28€233k€332k▲
Tangible fixed assets22/27€233k€332k▲
Land and buildings22€233k€332k▲
Current assets29/58€2k€151k▲
Cash at bank and in hand54/58€948€777▼
Deferred charges and accrued income490/1€761€150k▲
Equity and liabilities
Total equity and liabilities10/49€234k€483k▲
Equity10/15€-199k€28k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-218k€9k▲
Amounts payable17/49€434k€455k▲
Amounts payable after more than one year17€418k-
Financial debts170/4€646-
Other amounts payable178/9€417k-
Amounts payable within one year42/48€16k€450k▲
Current portion of amounts payable after more than one year42€8k€646▼
Trade debts44€8k€2k▼
Suppliers440/4€8k€2k▼
Taxes, remuneration and social security45-€4k
Taxes450/3-€4k
Other amounts payable47/48-€444k
Accrued charges and deferred income492/3€62€5k▲
Income statement
Code20242025
Non-recurring operating income76A-€99k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Other operating charges640/8€2k€7k▲
Gross operating margin9900€-18k€238k▲
Operating profit (loss)9901€-27k€231k▲
Financial charges65/66B€265€181▼
Recurring financial charges65€265€181▼
Profit (loss) for the period before taxes9903€-28k€231k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-28k€227k▲
Profit (loss) for the period to be appropriated9905€-28k€227k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-218k€9k▲
Profit (loss) brought forward from the previous period14P€-190k€-218k▼
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
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €227k
Net result €227k after 7 loss-making years.
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
04-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 126 days late
02-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 489 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 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, Hasselt · 1 establishment unit since 2007
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.
Luikersteenweg 2273500 HasseltGround area
2,754 m²
Building footprint
478 m²
Volume, LiDAR
3,112 m³
2 parcels, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
G. Gezellelaan 8, 3550 Heusden-Zolder
since 20072.168.040.565
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0479/00S002 | Flanders | 2,009 m² | 1 · 323 m² | 9.7 m · 2 fl. |
| 71025A1204/00A002 | Flanders | 746 m² | 1 · 155 m² | 11.8 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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Alivonne
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PROUDMOORE
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Of 9,635 companies in sector 68121 we hold annual accounts for 7,328. 4,389 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2007
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:011/22.07.50