Rue Blanche
ActiveSummary
The computed 12-month bankruptcy probability of Rue Blanche is 2.5% (moderate). The 2026 annual accounts show equity of €700,872 and a net result of -€16,965. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 207 sector peers (fiscal year 2026). The company has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2026
Axes · tick = 2025
Profitability35▲+4
Solvency68▲+3
Growth58=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 2.25 against 2.41 in 2025; short-term debt: 40.3% and cash: 13.3% of total assets), but 56.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026Net result per financial year
19212223242526
2019 to 2026 · latest year -€16,965
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 06-07-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
56 d early
2025
38 d early
2024
44 d early
2023
49 d early
2022
41 d early
2021
45 d early
2019
46 d early
← 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 46 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 19 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-01-2027 close31-08-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€16,965▲ 44.8%
2025 · -€30,714
Working capital
€816,257▼ 13.9%
2025 · €948,441
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€57,567▲ 85.7%€172,155€193,038▲ 12.1%€25,658▼ 86.7%€20,941▼ 18.4%
Net result-€60,583below the sector's middle half▲ 85.8%€115,147above the sector's middle half€136,523above the sector's middle half▲ 18.6%-€30,714below the sector's middle half-€16,965▲ 44.8%
Equity€496,881within the sector's middle half▼ 10.9%€612,028above the sector's middle half▲ 23.2%€748,551above the sector's middle half▲ 22.3%€717,837within the sector's middle half▼ 4.1%€700,872▼ 2.4%
Total assets€1.6mwithin the sector's middle half▲ 13.3%€1.8mabove the sector's middle half▲ 8.6%€2.1mabove the sector's middle half▲ 18.5%€1.8mwithin the sector's middle half▼ 15.5%€1.6m▼ 9.8%
Debt€1.2m▲ 28.4%€1.2m▲ 2.3%€1.4m▲ 16.5%€1.1m▼ 21.7%€914,918▼ 14.8%
Working capital€1.2mabove the sector's middle half▲ 14.5%€1.2mabove the sector's middle half▲ 4.3%€1.2mabove the sector's middle half▼ 1.7%€948,441above the sector's middle half▼ 22.0%€816,257▼ 13.9%
Solvency30.1%within the sector's middle half▼ 8.2pp34.2%within the sector's middle half▲ 4.1pp35.3%within the sector's middle half▲ 1.1pp40.1%within the sector's middle half▲ 4.8pp43.4%▲ 3.3pp
Current ratio4.78above the sector's middle half▲ 0.023.81above the sector's middle half▼ 0.972.67within the sector's middle half▼ 1.142.41within the sector's middle half▼ 0.262.25▼ 0.15
Return on assets (ROA)-3.7%below the sector's middle half▲ 25.8pp6.4%within the sector's middle half▲ 10.1pp6.4%within the sector's middle half=-1.7%below the sector's middle half▼ 8.2pp-1.0%▲ 0.7pp
Staff (FTE)20.1above the sector's middle half▼ 6.1%23▲ 14.4%17.6within the sector's middle half16.7▼ 5.1%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result +86% on 2021. The previous fiscal year ran 18 months, this one 12.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 18% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.6m
Fixed assets
€148,936 ▼ 12.2%
Current assets
€1.5m ▼ 9.6%
Equity and liabilities €1.6m
Equity
€700,872 ▼ 2.4%
Debt
€914,918 ▼ 14.8%
Debt's share of the balance-sheet total falls from 59.9% to 56.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€76,285▼
2025 · €96,664
Cash flow
€38,379▼
2025 · €40,292
Quick ratio
0.49▼
2025 · 0.99
Debt to equity
1.31▼
2025 · 1.50
ROE
-2.4%▲
2025 · -4.3%
Interest coverage
2.08▲
2025 · 1.73
Debt ≤ 1 year
€650,597▼
2025 · €673,524
Debt > 1 year
€160,472▼
2025 · €258,960
Income taxes
€690▼
2025 · €770
Staff costs
€1.1m▲
2025 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 8,612 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 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €889,625 | €1.0m | €1.1m | €1.1m | €1.1m | ▲ 1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,552 | €49,225 | €70,432 | €71,006 | €55,344 | ▼ 22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€8,128 | -€46,176 | -€32,302 | -€46,693 | €13,339 | ▲ 129% |
| Other operating charges640/8 | €4,500 | €10,658 | €3,400 | €4,712 | €3,849 | ▼ 18.3% |
| Non-recurring operating charges66A | - | - | €1,467 | - | - | - |
| Gross operating margin9900 | €884,982 | €1.2m | €1.3m | €1.2m | €1.2m | ▲ 5.0% |
| Operating profit (loss)9901 | -€57,567 | €172,155 | €193,038 | €25,658 | €20,941 | ▼ 18.4% |
| Financial income75/76B | €53,574 | - | €600 | €290 | €115 | ▼ 60.3% |
| Recurring financial income75 | €53,574 | - | €600 | €290 | €115 | ▼ 60.3% |
| Financial charges65/66B | €55,610 | €57,008 | €56,205 | €55,892 | €37,331 | ▼ 33.2% |
| Recurring financial charges65 | €55,610 | €57,008 | €56,205 | €55,892 | €36,623 | ▼ 34.5% |
| Non-recurring financial charges66B | - | - | - | - | €708 | - |
| Profit (loss) for the period before taxes9903 | -€59,603 | €115,147 | €137,433 | -€29,944 | -€16,275 | ▲ 45.6% |
| Income taxes67/77 | €980 | - | €910 | €770 | €690 | ▼ 10.4% |
| Profit (loss) for the period9904 | -€60,583 | €115,147 | €136,523 | -€30,714 | -€16,965 | ▲ 44.8% |
| Profit (loss) for the period to be appropriated9905 | -€60,583 | €115,147 | €136,523 | -€30,714 | -€16,965 | ▲ 44.8% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.8m | €2.1m | €1.8m | €1.6m | ▼ 9.8% |
| Fixed assets21/28 | €147,998 | €112,251 | €178,224 | €169,710 | €148,936 | ▼ 12.2% |
| Intangible fixed assets21 | €1,944 | €1,389 | €4,886 | €2,559 | €510 | ▼ 80.1% |
| Tangible fixed assets22/27 | €143,917 | €109,725 | €172,201 | €166,014 | €147,289 | ▼ 11.3% |
| Plant, machinery and equipment23 | €231 | €75 | €8,602 | €7,827 | €6,476 | ▼ 17.3% |
| Furniture and vehicles24 | €10,762 | €7,027 | €2,018 | €8,843 | €14,711 | ▲ 66.4% |
| Leasing and similar rights25 | €26,475 | €17,650 | €47,124 | €48,672 | €30,121 | ▼ 38.1% |
| Other tangible fixed assets26 | €106,449 | €84,973 | €114,457 | €100,672 | €95,981 | ▼ 4.7% |
| Financial fixed assets28 | €2,137 | €1,137 | €1,137 | €1,137 | €1,137 | = |
| Current assets29/58 | €1.5m | €1.7m | €1.9m | €1.6m | €1.5m | ▼ 9.6% |
| Stocks and contracts in progress3 | €896,220 | €922,237 | €1.1m | €956,322 | €1.1m | ▲ 20.1% |
| Stocks30/36 | €638,988 | €577,794 | €673,195 | €695,235 | €669,585 | ▼ 3.7% |
| Contracts in progress37 | €257,232 | €344,443 | €414,729 | €261,087 | €478,972 | ▲ 83.5% |
| Amounts receivable within one year40/41 | €31,517 | €30,782 | €34,777 | €44,420 | €23,316 | ▼ 47.5% |
| Trade receivables40 | €18,418 | €10,377 | €15,463 | €24,586 | €3,068 | ▼ 87.5% |
| Other amounts receivable41 | €13,099 | €20,405 | €19,314 | €19,834 | €20,248 | ▲ 2.1% |
| Cash at bank and in hand54/58 | €525,158 | €687,190 | €776,712 | €551,806 | €214,952 | ▼ 61.0% |
| Deferred charges and accrued income490/1 | €47,193 | €37,045 | €42,889 | €69,417 | €80,029 | ▲ 15.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.8m | €2.1m | €1.8m | €1.6m | ▼ 9.8% |
| Equity10/15 | €496,881 | €612,028 | €748,551 | €717,837 | €700,872 | ▼ 2.4% |
| Contributions10/11 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Capital10 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Issued capital100 | €250,000 | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Non-distributable reserves130/1 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Legal reserve130 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | €221,881 | €337,028 | €473,551 | €442,837 | €425,872 | ▼ 3.8% |
| Amounts payable17/49 | €1.2m | €1.2m | €1.4m | €1.1m | €914,918 | ▼ 14.8% |
| Amounts payable after more than one year17 | €795,998 | €661,549 | €536,318 | €258,960 | €160,472 | ▼ 38.0% |
| Financial debts170/4 | €795,998 | €661,549 | €536,318 | €258,960 | €160,472 | ▼ 38.0% |
| Amounts payable within one year42/48 | €313,908 | €440,243 | €726,771 | €673,524 | €650,597 | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | €8,722 | €80,449 | €308,404 | €240,470 | €12,080 | ▼ 95.0% |
| Financial debts43 | €31,500 | €54,000 | €54,000 | €132,629 | €314,736 | ▲ 137% |
| Credit institutions430/8 | - | - | - | - | €120,000 | - |
| Other loans439 | €31,500 | €54,000 | €54,000 | €132,629 | €194,736 | ▲ 46.8% |
| Trade debts44 | €91,430 | €102,518 | €140,546 | €95,929 | €118,514 | ▲ 23.5% |
| Suppliers440/4 | €91,430 | €102,518 | €140,546 | €95,929 | €118,514 | ▲ 23.5% |
| Taxes, remuneration and social security45 | €182,256 | €203,276 | €223,821 | €204,496 | €205,267 | ▲ 0.4% |
| Taxes450/3 | €75,489 | €84,875 | €102,015 | €87,840 | €92,143 | ▲ 4.9% |
| Remuneration and social security454/9 | €106,767 | €118,401 | €121,806 | €116,656 | €113,124 | ▼ 3.0% |
| Accrued charges and deferred income492/3 | €41,299 | €75,685 | €108,886 | €141,354 | €103,849 | ▼ 26.5% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€60,583 | €115,147 | €136,523 | -€30,714 | -€16,965 | ▲ 44.8% |
| + Depreciation and write-downs630 | €56,552 | €49,225 | €70,432 | €71,006 | €55,344 | ▼ 22.1% |
| Operating cash flow (approximation) | -€4,031 | €164,372 | €206,955 | €40,292 | €38,379 | ▼ 4.7% |
| Investment in fixed assets (approximation) | - | -€13,478 | -€136,405 | -€62,492 | -€34,570 | ▲ 44.7% |
| Change in cash | - | €162,032 | €89,522 | -€224,906 | -€336,854 | ▼ 49.8% |
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 2027, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2026 · full schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
Financial
Highest result since 2019net €136,523 ▲18.6%
Operating result €193,038, net result €136,523, both a record.
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
Financial
Back to profitnet €115,147
Net result €115,147 after 3 loss-making years.
31-01
Financial
Equity above €500,000Eq €612,028 ▲23.2%
Equity rises from €496,881 to €612,028.
2022
21-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
17-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-01
Financial
Weakest financial yearnet -€428,028
Net result drops to -€428,028, the lowest in the series; recovery starts the following year.
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 10 establishment units since 1987
Ground area
3,722 m²
Building footprint
2,440 m²
Volume, LiDAR
27,634 m³
10 parcels, Brussels, Flanders · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
10 establishment units
Tollaan 97, 1932 Zaventem
since 19872.031.069.043
RUE BLANCHE
since 19922.031.069.637
RUE BLANCHE
since 19962.031.069.934
RUE BLANCHE
since 19962.031.069.340
RUE BLANCHE
since 19982.031.070.330
RUE BLANCHE
since 20002.031.069.736
Show 4 more locations
RUE BLANCHE
since 20052.232.913.274
RUE BLANCHE
since 20152.248.283.420
Rue Blanche
since 20162.257.734.287
Rue Blanche
since 20162.257.734.188
10 parcels
Flanders
7
(70%)
Brussels
3
(30%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078C0003/00X000 | Flanders | 1,496 m² | 1 · 578 m² | 9.3 m · 3 fl. |
| 21013B0005/00P021 | Brussels | 582 m² | 1 · 583 m² | 21.6 m · 3 fl. |
| 11803C1068/00G000 | Flanders | 325 m² | 1 · 325 m² | 17.1 m · 4 fl. |
| 21612C0223/00K000 | Brussels | 298 m² | 1 · 178 m² | 15.6 m · 3 fl. |
| 24502B0105/00S000 | Flanders | 277 m² | 1 · 107 m² | 18.2 m · 5 fl. |
| 31332E0082/00_000 | Flanders | 232 m² | 1 · 232 m² | 23.2 m · 7 fl. |
| 11324D0720/00H002 | Flanders | 164 m² | 1 · 111 m² | 14.9 m · 3 fl. |
| 44804D1745/00E000 | Flanders | 154 m² | 1 · 150 m² | 22.6 m · 6 fl. |
| 31803C1199/00A000 | Flanders | 117 m² | 1 · 115 m² | 11.3 m · 3 fl. |
| 21811M0742/00W000 | Brussels | 77 m² | 1 · 62 m² | 22.6 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
10 of 10 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
2 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Legal Entity Identifier
549300ZTI3855WHQZ752
Similar companies · same sector, comparable size
FERRAGAMO BELGIQUE
BE 0456.836.841
Brussel · Eq €699,597
BV MANAGEMENT
BE 0840.945.062
Péruwelz · Eq €698,686
PAULUS
BE 0451.037.825
Huy · Eq €705,273
Coach Stores Belgium
BE 0563.371.743
Sint-Joost-ten-Node · Eq €706,520
BONAIRE
BE 0438.849.675
Keerbergen · Eq €694,309
Of 6,488 companies in this sector we hold annual accounts for 2,442. 1,301 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded27-11-1986
Fiscal year end31-01
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47713Retail trade
Contact
Website
www.rueblanche.com
E-mail
info@rueblanche.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0429980313
Also
9925:BE0429980313
Registered
27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.