RUCAR
ActiveSummary
RUCAR has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €429,139 and a net result of €1,582. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 69% of 1672 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▲+61
Solvency89▲+1
Growth22=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.27 against 0.13 in 2024; short-term debt: 35.8% and cash: 6.4% of total assets), and 35.8% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
64.2%
Return on assets
0.2%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
3 d early
2023
12 d early
2022
on the day
2021
26 d late
2020
9 d late
2019
53 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€101,271▼ 12.9%
2023 · €116,321
EBIT margin
-35.3%▼ 6.5pp
2023 · -28.7%
Net result
€1,582
2024 · -€32,802
Working capital
-€174,184▲ 18.4%
2024 · -€213,377
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€162,217▲ 45.9%€151,435▼ 6.6%€116,321▼ 23.2%€101,271▼ 12.9%
Operating result€19,594▲ 156%-€3,869-€33,403▼ 763%-€35,698▼ 6.9%€4,294
Net result€16,239within the sector's middle half-€5,832below the sector's middle half-€33,561below the sector's middle half▼ 475%-€32,802below the sector's middle half▲ 2.3%€1,582within the sector's middle half
EBIT margin12.1%▲ 5.2pp-2.6%▼ 14.6pp-28.7%▼ 26.2pp-35.3%▼ 6.5pp
Equity€509,751within the sector's middle half▲ 3.3%€503,919above the sector's middle half▼ 1.1%€460,358above the sector's middle half▼ 8.6%€427,557above the sector's middle half▼ 7.1%€429,139within the sector's middle half▲ 0.4%
Total assets€861,779within the sector's middle half▼ 1.3%€795,546above the sector's middle half▼ 7.7%€722,301above the sector's middle half▼ 9.2%€674,676above the sector's middle half▼ 6.6%€668,961within the sector's middle half▼ 0.8%
Debt€338,735▼ 6.5%€282,147▼ 16.7%€256,277▼ 9.2%€245,266▼ 4.3%€239,822▼ 2.2%
Working capital-€164,089below the sector's middle half▲ 7.6%-€134,335below the sector's middle half▲ 18.1%-€206,777below the sector's middle half▼ 53.9%-€213,377below the sector's middle half▼ 3.2%-€174,184below the sector's middle half▲ 18.4%
Solvency59.2%within the sector's middle half▲ 2.6pp63.3%within the sector's middle half▲ 4.2pp63.7%within the sector's middle half▲ 0.4pp63.4%within the sector's middle half▼ 0.4pp64.2%within the sector's middle half▲ 0.8pp
Current ratio0.41below the sector's middle half▲ 0.080.39below the sector's middle half▼ 0.020.19below the sector's middle half▼ 0.200.13below the sector's middle half▼ 0.060.27below the sector's middle half▲ 0.14
Return on assets (ROA)1.9%within the sector's middle half▲ 2.3pp-0.7%below the sector's middle half▼ 2.6pp-4.6%below the sector's middle half▼ 3.9pp-4.9%below the sector's middle half▼ 0.2pp0.2%within the sector's middle half▲ 5.1pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
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 returns to profit in 2025: €4,294 after a loss of €35,698 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €668,961
Fixed assets
€603,323 ▼ 6.1%
Current assets
€65,638 ▲ 106%
Equity and liabilities €668,961
Equity
€429,139 ▲ 0.4%
Provisions
€0 ▼ 100%
Debt
€239,822 ▼ 2.2%
Debt's share of the balance-sheet total falls from 36.4% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43,757▲
2024 · -€5,684
Cash flow
€41,046▲
2024 · -€2,787
Quick ratio
0.25▲
2024 · 0.10
Debt to equity
0.56▼
2024 · 0.57
ROE
0.4%▲
2024 · -7.7%
Interest coverage
60.39▲
2024 · -6.20
Debt ≤ 1 year
€239,822▼
2024 · €245,266
Income taxes
€3,840
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €162,217 | €151,435 | €116,321 | €101,271 | - | - |
| Goods, raw materials, services and sundry goods60/61 | €99,805 | €111,005 | €113,340 | €103,956 | €96,115 | ▼ 7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,915 | €39,484 | €35,440 | €30,014 | €39,463 | ▲ 31.5% |
| Other operating charges640/8 | €2,903 | €4,815 | €944 | €2,999 | €3,466 | ▲ 15.6% |
| Gross operating margin9900 | €62,412 | €40,430 | €2,981 | -€2,685 | €47,223 | ▲ 1,859% |
| Operating profit (loss)9901 | €19,594 | -€3,869 | -€33,403 | -€35,698 | €4,294 | ▲ 112% |
| Financial income75/76B | €12,035 | - | €0 | - | - | - |
| Recurring financial income75 | €12,035 | - | €0 | - | - | - |
| Non-recurring financial income76B | €12,035 | - | - | - | - | - |
| Financial charges65/66B | €9,704 | €3,596 | €1,680 | €917 | €725 | ▼ 21.0% |
| Recurring financial charges65 | €9,704 | €3,596 | €1,680 | €917 | €725 | ▼ 21.0% |
| Profit (loss) for the period before taxes9903 | €21,925 | -€7,465 | -€35,083 | -€36,615 | €3,569 | ▲ 110% |
| Transfer from deferred taxes780 | €3,813 | €3,813 | €3,813 | €3,813 | €1,853 | ▼ 51.4% |
| Income taxes67/77 | €9,499 | €2,180 | €2,292 | - | €3,840 | - |
| Profit (loss) for the period9904 | €16,239 | -€5,832 | -€33,561 | -€32,802 | €1,582 | ▲ 105% |
| Transfer from tax-exempt reserves789 | €7,405 | €7,406 | €7,406 | €7,406 | €3,598 | ▼ 51.4% |
| Profit (loss) for the period to be appropriated9905 | €23,644 | €1,574 | -€26,155 | -€25,396 | €5,181 | ▲ 120% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €861,779 | €795,546 | €722,301 | €674,676 | €668,961 | ▼ 0.8% |
| Fixed assets21/28 | €747,641 | €708,241 | €672,801 | €642,787 | €603,323 | ▼ 6.1% |
| Tangible fixed assets22/27 | €425,379 | €385,979 | €350,539 | €320,525 | €281,062 | ▼ 12.3% |
| Land and buildings22 | €349,252 | €314,950 | €284,936 | €254,921 | €224,907 | ▼ 11.8% |
| Plant, machinery and equipment23 | €9,888 | €9,672 | €7,823 | €7,823 | - | - |
| Furniture and vehicles24 | €66,239 | €61,357 | €57,781 | €57,781 | €56,155 | ▼ 2.8% |
| Financial fixed assets28 | €322,262 | €322,262 | €322,262 | €322,262 | €322,262 | = |
| Current assets29/58 | €114,138 | €87,305 | €49,500 | €31,889 | €65,638 | ▲ 106% |
| Stocks and contracts in progress3 | - | €3,125 | €6,375 | €6,197 | €5,835 | ▼ 5.8% |
| Stocks30/36 | - | €3,125 | €6,375 | €6,197 | €5,835 | ▼ 5.8% |
| Amounts receivable within one year40/41 | €45,081 | €29,122 | €24,891 | €18,796 | €16,826 | ▼ 10.5% |
| Trade receivables40 | €31,568 | €18,947 | €11,858 | €7,527 | €5,662 | ▼ 24.8% |
| Other amounts receivable41 | €13,513 | €10,175 | €13,033 | €11,268 | €11,163 | ▼ 0.9% |
| Cash at bank and in hand54/58 | €50,785 | €36,785 | €18,234 | €6,897 | €42,977 | ▲ 523% |
| Deferred charges and accrued income490/1 | €18,272 | €18,273 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €861,779 | €795,546 | €722,301 | €674,676 | €668,961 | ▼ 0.8% |
| Equity10/15 | €509,751 | €503,919 | €460,358 | €427,557 | €429,139 | ▲ 0.4% |
| Contributions10/11 | €54,537 | €54,537 | €54,537 | €54,537 | €54,537 | = |
| Capital10 | - | - | - | - | €54,537 | - |
| Issued capital100 | - | - | - | - | €54,537 | - |
| Outside capital11 | €54,537 | €54,537 | €54,537 | - | - | - |
| Share premium1100/10 | €54,537 | €54,537 | €54,537 | - | - | - |
| Reserves13 | €31,269 | €23,864 | €16,458 | €9,052 | €5,454 | ▼ 39.7% |
| Non-distributable reserves130/1 | €5,454 | €5,454 | €5,454 | - | €5,454 | - |
| Legal reserve130 | - | - | €5,454 | - | €5,454 | - |
| Other1319 | €5,454 | €5,454 | - | - | - | - |
| Tax-exempt reserves132 | €25,815 | €18,410 | €11,004 | €3,598 | - | - |
| Distributable reserves133 | - | - | - | €5,454 | - | - |
| Profit (loss) carried forward14 | €423,945 | €425,518 | €389,364 | €363,968 | €369,148 | ▲ 1.4% |
| Provisions and deferred taxes16 | €13,293 | €9,480 | €5,666 | €1,853 | - | - |
| Deferred taxes168 | €13,293 | €9,480 | €5,666 | €1,853 | - | - |
| Amounts payable17/49 | €338,735 | €282,147 | €256,277 | €245,266 | €239,822 | ▼ 2.2% |
| Amounts payable after more than one year17 | €60,508 | €60,507 | - | - | - | - |
| Financial debts170/4 | €60,508 | €60,507 | - | - | - | - |
| Amounts payable within one year42/48 | €278,227 | €221,640 | €256,277 | €245,266 | €239,822 | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | €51,370 | - | €27,467 | €13,274 | €10,000 | ▼ 24.7% |
| Financial debts43 | - | €8,355 | - | - | - | - |
| Credit institutions430/8 | - | €8,355 | - | - | - | - |
| Trade debts44 | €4,664 | €4,622 | €10,384 | €7,105 | €9,386 | ▲ 32.1% |
| Suppliers440/4 | €4,664 | €4,622 | €10,384 | €7,105 | €9,386 | ▲ 32.1% |
| Taxes, remuneration and social security45 | €24,780 | €9,014 | €2,000 | €4,210 | €53 | ▼ 98.7% |
| Taxes450/3 | €15,449 | €9,014 | €2,000 | - | €53 | - |
| Remuneration and social security454/9 | €9,331 | - | - | €4,210 | - | - |
| Other amounts payable47/48 | €197,413 | €199,649 | €216,427 | €220,677 | €220,384 | ▼ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,239 | -€5,832 | -€33,561 | -€32,802 | €1,582 | ▲ 105% |
| + Depreciation and write-downs630 | €39,915 | €39,484 | €35,440 | €30,014 | €39,463 | ▲ 31.5% |
| Operating cash flow (approximation) | €56,154 | €33,652 | €1,879 | -€2,787 | €41,046 | ▲ 1,573% |
| Investment in fixed assets (approximation) | - | -€84 | -€0 | €0 | €0 | - |
| Change in cash | - | -€14,000 | -€18,551 | -€11,337 | €36,080 | ▲ 418% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €1,582
Net result €1,582 after 3 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 26 days late
2021
31-12
Financial
Back to profitnet €16,239
Net result €16,239 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €509,751 ▲3.3%
Equity rises from €493,512 to €509,751.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet -€38,494
Net result drops to -€38,494, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Mechelen · 1 establishment unit since 1987
Ground area
184 m²
Building footprint
184 m²
Volume, LiDAR
1,460 m³
Parcel 12409D0114/00G000, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RUCAR BVBA
since 19872.030.387.865
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12409D0114/00G000 | Flanders | 184 m² | 1 · 184 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 9,864 companies in sector 73110 we hold annual accounts for 3,758. 2,287 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-12-1986
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0430079786
Also
9925:BE0430079786
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.