RUBRECHT
ActiveRUBRECHT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.06M and a net result of €70k. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-2
Solvency87▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 4.56 against 3.64 in 2024; short-term debt: 15.5% and cash: 7.9% of total assets), and 38.4% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
61.6%
Return on assets
4.1%
Age of the figures
9 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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
126 d early
2023
156 d early
2022
124 d early
2021
149 d early
2020
179 d early
2019
172 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.06M▲ 7.0%
2024 · €987k
2018: €449k
2019: €504k
2020: €598k
2021: €701k
2022: €822k
2023: €917k
2024: €987k
2018 → 2025
Total assets
€1.71M▼ 4.3%
2024 · €1.79M
2018: €927k
2019: €960k
2020: €1.14M
2021: €1.63M
2022: €1.70M
2023: €1.84M
2024: €1.79M
2018 → 2025
Net result
€70k▼ 32.9%
2024 · €104k
2018: €22k
2019: €55k
2020: €94k
2021: €104k
2022: €122k
2023: €97k
2024: €104k
2018 → 2025
Working capital
€949k▲ 3.0%
2024 · €922k
2018: €727k
2019: €742k
2020: €593k
2021: €747k
2022: €781k
2023: €833k
2024: €922k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€701k-€822k▲ 17.2%€917k▲ 11.7%€987k▲ 7.6%€1.06M▲ 7.0%
Operating result€136k-€177k▲ 30.5%€156k▼ 11.8%€168k▲ 7.8%€116k▼ 31.2%
Net result€104k-€122k▲ 17.1%€97k▼ 20.5%€104k▲ 7.1%€70k▼ 32.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€499k▼ 4.0%
Current assets
€1.22M▼ 4.4%
Equity and liabilities €1.71M
Equity
€1.06M▲ 7.0%
Debt
€659k▼ 18.1%
The debt ratio falls from 44.9% to 38.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€172k▼
2024 · €224k
Cash flow
€126k▼
2024 · €159k
Solvency
61.6%▲
2024 · 55.1%
Current ratio
4.56▲
2024 · 3.64
Quick ratio
0.61▲
2024 · 0.51
Debt / equity
0.62▼
2024 · 0.82
ROE
6.6%▼
2024 · 10.5%
ROA
4.1%▼
2024 · 5.8%
Interest coverage
9.15▼
2024 · 10.73
Debt
€659k▼
2024 · €805k
Debt ≤ 1 year
€267k▼
2024 · €349k
Debt > 1 year
€385k▼
2024 · €446k
Income taxes
€28k▼
2024 · €45k
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€1.79M€1.71M▼
Fixed assets21/28€520k€499k▼
Tangible fixed assets22/27€520k€499k▼
Land and buildings22€514k€493k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€2k€4k▲
Current assets29/58€1.27M€1.22M▼
Stocks and contracts in progress3€1.09M€1.05M▼
Stocks30/36€1.09M€1.05M▼
Amounts receivable within one year40/41€26k€18k▼
Trade receivables40€2k€5k▲
Other amounts receivable41€25k€12k▼
Cash at bank and in hand54/58€146k€135k▼
Deferred charges and accrued income490/1€5k€10k▲
Equity and liabilities
Total equity and liabilities10/49€1.79M€1.71M▼
Equity10/15€987k€1.06M▲
Contributions10/11€175k€175k=
Reserves13€810k€879k▲
Tax-exempt reserves132€56k€56k=
Distributable reserves133€753k€823k▲
Profit (loss) carried forward14€2k€2k=
Amounts payable17/49€805k€659k▼
Amounts payable after more than one year17€446k€385k▼
Financial debts170/4€446k€385k▼
Amounts payable within one year42/48€349k€267k▼
Current portion of amounts payable after more than one year42€71k€61k▼
Financial debts43€138k€135k▼
Credit institutions430/8€138k€135k▼
Trade debts44€99k€43k▼
Suppliers440/4€99k€43k▼
Taxes, remuneration and social security45€9k€21k▲
Taxes450/3€9k€21k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€32k€6k▼
Accrued charges and deferred income492/3€9k€7k▼
Income statement
Code20242025
Non-recurring operating income76A€0€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€56k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€226k€175k▼
Operating profit (loss)9901€168k€116k▼
Financial income75/76B€747€212▼
Recurring financial income75€747€212▼
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€148k€97k▼
Income taxes67/77€45k€28k▼
Profit (loss) for the period9904€104k€70k▼
Profit (loss) for the period to be appropriated9905€104k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€106k€72k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer from equity791/2€34k€0▼
Transfer to equity691/2€104k€70k▼
To other reserves6921€104k€70k▼
Profit to be distributed694/7€34k€0▼
Return on contributions (dividend)694€34k€0▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.06M ▲7%
8 profitable years in a row build equity to €1.06M.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
29-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €122k ▲17.1%
Operating result €177k, net result €122k, both a record.
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €500kEq €504k ▲12.2%
2 profitable years in a row build equity to €504k.
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · 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, De Haan · 1 establishment unit since 2002
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.
Driftweg 148420 De HaanGround area
596 m²
Building footprint
236 m²
Volume, LiDAR
1,562 m³
Parcel 35007A1614/00A000, Flanders · tallest building 14.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JUWELIER
since 20022.095.997.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35007A1614/00A000 | Flanders | 596 m² | 1 · 236 m² | 14.8 m · 2 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.
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Etablissements Paul DE WITTE
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FIDAURO
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Of 2,017 companies in sector 47770 we hold annual accounts for 898. 512 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2002
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
52484
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.