Ruby Solution
Annual accounts 2025
micro format, filed on 16-07-2026, 15 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €110,000 and €180,000.
Balance sheet
balance sheet total €366,666 on 31-12-2025in euro
in euro
Position in the sector
13.5%
Higher than 17% of 22,039 companies in 2025.
0.78
Higher than 11% of 21,339 companies in 2025.
4.4%
Higher than 25% of 21,530 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
366,666 | 113,621 | 107,748 | 108,341 | 91,390 | 52,726 | 59,455 | 59,522 | 23,812 | |
21/28 |
291,789 | 35,847 | 38,942 | 50,662 | 46,357 | 33,656 | 31,189 | 34,204 | 2,385 | |
22/27 |
291,789 | 35,847 | 38,942 | 50,662 | 46,357 | 33,656 | 31,189 | 34,204 | 2,385 | |
22 |
255,779 | - | - | - | - | - | - | - | - | |
23 |
7,348 | 8,760 | 7,822 | 13,374 | 14,198 | 3,444 | 2,217 | 2,298 | 2,385 | |
24 |
17,738 | 12,101 | 14,432 | 16,763 | 8,796 | 3,103 | - | 3,656 | - | |
26 |
10,924 | 14,987 | 16,688 | 20,525 | 23,363 | 27,109 | 28,972 | 28,250 | - | |
29/58 |
74,877 | 77,774 | 68,806 | 57,679 | 45,033 | 19,070 | 28,266 | 25,317 | 21,427 | |
40/41 |
20,764 | 40,457 | 20,077 | 19,313 | 19,748 | 14,092 | 27,403 | 24,296 | 21,400 | |
40 |
20,764 | 38,117 | 20,077 | 16,916 | 18,287 | 12,282 | 26,136 | 23,144 | 21,400 | |
41 |
0 | 2,340 | 0 | 2,397 | 1,462 | 1,810 | 1,267 | 1,152 | - | |
54/58 |
52,472 | 32,243 | 44,862 | 33,908 | 21,402 | 4,094 | 2 | 182 | 28 | |
490/1 |
1,641 | 5,073 | 3,867 | 4,458 | 3,883 | 884 | 861 | 839 | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
366,666 | 113,621 | 107,748 | 108,341 | 91,390 | 52,726 | 59,455 | 59,522 | 23,812 | |
10/15 |
49,338 | 93,042 | 41,812 | 44,617 | 67,874 | 38,909 | 36,034 | 20,425 | 9,457 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
30,738 | 74,442 | 23,212 | 26,017 | 49,274 | 32,709 | 29,834 | 14,225 | 3,257 | |
130/1 |
- | - | - | - | - | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | - | - | 1,860 | - | - | - | |
133 |
30,738 | 74,442 | 23,212 | 26,017 | 49,274 | 30,849 | 27,974 | 12,365 | 1,397 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | - | |
17/49 |
317,328 | 20,579 | 65,937 | 63,724 | 23,516 | 13,816 | 23,421 | 39,096 | 14,355 | |
17 |
221,884 | 0 | 1,038 | 3,432 | 8,149 | - | 3,833 | 10,202 | - | |
170/4 |
221,884 | 0 | 1,038 | 3,432 | 8,149 | - | 3,833 | 10,202 | - | |
42/48 |
95,444 | 20,579 | 64,444 | 60,292 | 14,967 | 13,816 | 19,400 | 28,694 | 14,155 | |
42 |
8,289 | 1,019 | 2,394 | 3,253 | 888 | 4,288 | 7,248 | 7,203 | - | |
43 |
882 | 894 | 893 | - | - | - | - | - | - | |
430/8 |
882 | 894 | 893 | - | - | - | - | - | - | |
44 |
2,543 | 4,393 | 4,556 | 1,303 | 3,224 | 4,611 | 7,658 | 7,284 | 4,143 | |
440/4 |
2,543 | 4,393 | 4,556 | 1,303 | 3,224 | 4,611 | 7,658 | 7,284 | 4,143 | |
45 |
19,675 | 14,273 | 6,196 | 7,618 | 10,494 | 4,414 | 4,493 | 14,207 | 9,936 | |
450/3 |
14,628 | 14,273 | 6,196 | 7,618 | 10,494 | 4,414 | 2,385 | 12,028 | 7,942 | |
454/9 |
5,047 | - | - | - | - | - | 2,108 | 2,179 | 1,994 | |
47/48 |
64,055 | 0 | 50,406 | 48,118 | 362 | 502 | - | - | 76 | |
492/3 |
- | 0 | 454 | 0 | 400 | - | 189 | 200 | 200 | |
| Income statement | ||||||||||
76A |
- | - | 0 | 1,584 | 11,301 | - | 63 | - | - | |
9900 |
41,538 | 78,645 | 74,420 | 43,503 | 58,601 | 12,208 | 29,042 | 21,544 | 10,183 | |
630 |
13,572 | 11,599 | 11,720 | 10,526 | 8,192 | 6,522 | 6,279 | 5,876 | 1,348 | |
640/8 |
526 | 387 | 400 | 347 | 678 | 875 | 840 | 1,192 | 1,798 | |
9901 |
27,439 | 66,659 | 62,300 | 32,630 | 49,732 | 4,812 | 21,922 | 14,476 | 7,037 | |
75/76B |
41 | 71 | - | 0 | - | - | - | - | - | |
75 |
41 | 71 | - | - | - | - | - | - | - | |
76B |
- | - | - | 0 | - | - | - | - | - | |
65/66B |
5,053 | 359 | 584 | 284 | 626 | 243 | 423 | 538 | 75 | |
65 |
5,053 | 359 | 584 | 284 | 626 | 243 | 423 | 538 | 75 | |
9903 |
22,427 | 66,371 | 61,715 | 32,346 | 49,106 | 4,568 | 21,499 | 13,938 | 6,962 | |
67/77 |
6,130 | 15,141 | 14,521 | 7,603 | 9,541 | 1,693 | 5,890 | 2,970 | 3,705 | |
9904 |
16,297 | 51,230 | 47,194 | 24,743 | 39,565 | 2,875 | 15,609 | 10,968 | 3,257 | |
9905 |
16,297 | 51,230 | 47,194 | 24,743 | 39,565 | 2,875 | 15,609 | 10,968 | 3,257 | |
| Appropriation of the result | ||||||||||
9906 |
16,297 | 51,230 | 47,194 | 24,743 | 39,565 | 2,875 | 15,609 | 10,968 | 3,257 | |
791/2 |
43,703 | 0 | 2,806 | 23,257 | 23,000 | - | - | - | - | |
691/2 |
0 | 51,230 | - | 0 | 39,565 | 2,875 | 15,609 | 10,968 | 3,257 | |
6920 |
- | - | - | - | - | - | - | - | 1,860 | |
6921 |
0 | 51,230 | - | 0 | 39,565 | 2,875 | 15,609 | 10,968 | 1,397 | |
694/7 |
60,000 | 0 | 50,000 | 48,000 | 23,000 | - | - | - | - | |
694 |
60,000 | 0 | 50,000 | 48,000 | 23,000 | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 16-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 16-07-2026 | 2026-00299497 | |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00195030 | |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00147313 | |
| 31-12-2022 | micro format | 27-07-2023 | 2023-00300224 | |
| 31-12-2021 | micro format | 09-08-2022 | 2022-20277748 | |
| 31-12-2020 | micro format | 27-07-2021 | 2021-40700390 | |
| 31-12-2019 | micro format | 18-08-2020 | 2020-42200547 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-29300545 | |
| 31-12-2017 | micro format | 03-08-2018 | 2018-43300570 |
Subsidies and aid
Flemish government 2023 to 2025, 2 entries, €1,062 awarded, €844 paid
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €795 | €577 |
| 2023 | 1 | €267 | €267 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| 41,011 | 78,257 | 74,020 | 43,156 | 57,924 | 11,333 | 28,201 | 20,352 | 8,385 | ||
| 29,869 | 62,829 | 58,914 | 35,269 | 47,757 | 9,397 | 21,888 | 16,844 | 4,605 | ||
| 269,514 | 8,504 | 0 | 15,726 | 20,893 | 8,988 | 6,920 | 37,695 | 3,733 | ||
| 20,229 | -12,618 | 10,953 | 12,506 | 17,308 | 4,093 | -181 | 155 | - | ||
| -20,567 | 57,195 | 4,362 | -2,613 | 30,066 | 5,253 | 8,867 | -3,377 | 7,272 | ||
| 13.5% | 81.9% | 38.8% | 41.2% | 74.3% | 73.8% | 60.6% | 34.3% | 39.7% | ||
| 0.78 | 3.78 | 1.07 | 0.96 | 3.01 | 1.38 | 1.46 | 0.88 | 1.51 | ||
| 6.43 | 0.22 | 1.58 | 1.43 | 0.35 | 0.36 | 0.65 | 1.91 | 1.52 | ||
| 33.0% | 55.1% | 112.9% | 55.5% | 58.3% | 7.4% | 43.3% | 53.7% | 34.4% | ||
| 4.4% | 45.1% | 43.8% | 22.8% | 43.3% | 5.5% | 26.3% | 18.4% | 13.7% | ||
| 8.12 | over 100 | over 100 | over 100 | 92.57 | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €269,514 | €8,504 | - | €15,726 | €20,893 |
| €13,572 | €11,599 | €11,720 | €10,526 | €8,192 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Ruby Solution
The operating result for 2025 is 59% lower than in 2024 and the lowest since 2020.
Debt's share of the balance-sheet total rises from 18.1% to 86.5%. Equity is lower and debt is higher.