RuFeRo
ActiveRuFeRo has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163k and a net result of €44k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 27358 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+73
Solvency100▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.05 against 2.38 in 2024), and 28% 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 43
Relative position
BE, all sectors
reference
Sector 43
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
72%
Return on assets
19.7%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
1 d early
2022
on the day
2021
on the day
2020
51 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€163k▲ 37.5%
2024 · €118k
2019: €66k
2020: €82k
2021: €94k
2022: €97k
2023: €112k
2024: €118k
2019 → 2025
Total assets
€226k▲ 4.4%
2024 · €216k
2019: €180k
2020: €173k
2021: €222k
2022: €231k
2023: €238k
2024: €216k
2019 → 2025
Net result
€44k▲ 598%
2024 · €6k
2019: €9k
2020: €16k
2021: €23k
2022: €15k
2023: €27k
2024: €6k
2019 → 2025
Working capital
€169k▲ 40.7%
2024 · €120k
2019: €71k
2020: €81k
2021: €88k
2022: €88k
2023: €117k
2024: €120k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€97k▲ 3.3%€112k▲ 15.9%€118k▲ 5.7%€163k▲ 37.5%
Operating result€26k-€18k▼ 32.2%€33k▲ 83.7%€4k▼ 88.2%€56k▲ 1,352%
Net result€23k-€15k▼ 35.9%€27k▲ 86.5%€6k▼ 76.7%€44k▲ 598%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,352% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€1k▼ 84.6%
Current assets
€224k▲ 8.5%
Equity and liabilities €226k
Equity
€163k▲ 37.5%
Debt
€63k▼ 35.6%
The debt ratio falls from 45.3% to 28.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€62k▲
2024 · €11k
Cash flow
€50k▲
2024 · €13k
Solvency
72.0%▲
2024 · 54.7%
Current ratio
4.05▲
2024 · 2.38
Quick ratio
4.05▲
2024 · 2.38
Debt / equity
0.39▼
2024 · 0.83
ROE
27.3%▲
2024 · 5.4%
ROA
19.7%▲
2024 · 2.9%
Interest coverage
50.44▲
2024 · 5.33
Debt
€63k▼
2024 · €98k
Debt ≤ 1 year
€55k▼
2024 · €87k
Debt > 1 year
€8k▼
2024 · €11k
Income taxes
€21k▲
2024 · €3k
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€216k€226k▲
Fixed assets21/28€9k€1k▼
Tangible fixed assets22/27€9k€1k▼
Plant, machinery and equipment23€1k€446▼
Furniture and vehicles24€3k€129▼
Leasing and similar rights25€5k€879▼
Current assets29/58€207k€224k▲
Amounts receivable within one year40/41€200k€214k▲
Trade receivables40€57k€32k▼
Other amounts receivable41€142k€182k▲
Deferred charges and accrued income490/1€7k€11k▲
Equity and liabilities
Total equity and liabilities10/49€216k€226k▲
Equity10/15€118k€163k▲
Contributions10/11€19k€19k=
Reserves13€52k€97k▲
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Distributable reserves133€50k€95k▲
Profit (loss) carried forward14€47k€47k=
Amounts payable17/49€98k€63k▼
Amounts payable after more than one year17€11k€8k▼
Financial debts170/4€11k€8k▼
Amounts payable within one year42/48€87k€55k▼
Current portion of amounts payable after more than one year42€10k€4k▼
Financial debts43€482€919▲
Credit institutions430/8€482€919▲
Trade debts44€54k€23k▼
Suppliers440/4€54k€23k▼
Taxes, remuneration and social security45€23k€28k▲
Taxes450/3€23k€28k▲
Income statement
Code20242025
Non-recurring operating income76A€1k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€189€961▲
Gross operating margin9900€13k€65k▲
Operating profit (loss)9901€4k€56k▲
Financial income75/76B€7k€10k▲
Recurring financial income75€7k€10k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€9k€65k▲
Income taxes67/77€3k€21k▲
Profit (loss) for the period9904€6k€44k▲
Profit (loss) for the period to be appropriated9905€6k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€92k▲
Profit (loss) brought forward from the previous period14P€41k€47k▲
Transfer to equity691/2-€44k
To other reserves6921-€44k
The notes to these accounts (10 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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €44k ▲598%
Operating result €56k, net result €44k, both a record.
31-03
Financial
Equity above €150kEq €163k ▲37.5%
7 profitable years in a row build equity to €163k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €6k ▼76.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €100kEq €112k ▲15.9%
5 profitable years in a row build equity to €112k.
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
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
1 act for this company is 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, Wevelgem · 1 establishment unit since 2013
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.
Grote Ieperstraat 218560 WevelgemGround area
410 m²
Building footprint
120 m²
Volume, LiDAR
529 m³
Parcel 34012C0580/00B006, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rinnovation
since 20132.217.064.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0580/00B006 | Flanders | 410 m² | 1 · 120 m² | 8.5 m · 1 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.
Similar companies · same sector, comparable size
DB MUTE
BE 0873.201.720
Etterbeek · Eq €163k
EERCO
BE 0427.835.227
Namur · Eq €163k
NU-ISOLEREN.BE
BE 0726.774.181
Hamme (Vl.) · Eq €163k
TECHNIFROID
BE 0874.084.222
Jemeppe-sur-Sambre · Eq €163k
THERMO SPRAY SOLUTIONS
BE 0721.571.914
Tournai · Eq €162k
Of 4,244 companies in sector 43230 we hold annual accounts for 1,230. 1,004 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2012
Fiscal year end31-03
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.