RUFLEX
ActiveSummary
RUFLEX has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204,578 and a net result of €1,969. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 43% of 17,080 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €204,578
- Profit
- €1,969
- Parent
- Handelsonderneming D.R. Romijn BV · 100%
- HANDELSONDERNEMING D.R. ROMIJNDirector
Why 92raises riskLiquidity: current ratio 0.50, cash €6,756, halvedlowers riskSize: total assets €990,056Figures for financial year 2025 (filed 23-07-2026)Founded in 1997Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 41% on solvency, 55% on liquidity, 34% on profitability and 49% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 44 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €8,102 ▲193%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has fallen two years in a row; 2025 is 15% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% | 0.9% |
| 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 74.5% 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 4,685 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €7,010 | €0 | - | - |
| Remuneration, social security and pensions62 | - | - | - | €176,746 | €225,775 | €174,025 | -€197 | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,305 | €38,859 | €42,212 | €41,744 | €39,442 | €31,155 | €33,474 | €35,419 | ▲ 5.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €84,500 | -€85,015 | -€1,183 | €0 | - |
| Other operating charges640/8 | - | - | - | €8,507 | €8,499 | €10,531 | €9,654 | €8,288 | ▼ 14.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €5,341 | €0 | - | - |
| Gross operating margin9900 | €360,303 | €297,548 | €209,039 | €265,096 | €244,476 | €178,489 | €79,412 | €75,703 | ▼ 4.7% |
| Operating profit (loss)9901 | €5,833 | -€3,497 | -€44,373 | €38,099 | -€113,740 | €42,450 | €37,665 | €31,996 | ▼ 15.1% |
| Financial income75/76B | - | - | - | €6 | €13 | €17 | €2,790 | €0 | ▼ 100% |
| Recurring financial income75 | €1,064 | €1,603 | €61 | €6 | €13 | €17 | €0 | €0 | - |
| Non-recurring financial income76B | - | - | - | - | - | - | €2,790 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €59,090 | €53,940 | €39,260 | €32,353 | €30,027 | ▼ 7.2% |
| Recurring financial charges65 | €52,472 | €58,219 | €56,863 | €59,090 | €53,940 | €39,260 | €32,353 | €30,027 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | -€45,574 | -€60,112 | -€101,175 | -€20,986 | -€167,667 | €3,207 | €8,102 | €1,969 | ▼ 75.7% |
| Income taxes67/77 | €369 | €327 | €367 | €410 | €432 | €440 | €0 | - | - |
| Profit (loss) for the period9904 | -€45,944 | -€60,439 | -€101,541 | -€21,395 | -€168,099 | €2,768 | €8,102 | €1,969 | ▼ 75.7% |
| Profit (loss) for the period to be appropriated9905 | -€45,944 | -€60,439 | -€101,541 | -€21,395 | -€168,099 | €2,768 | €8,102 | €1,969 | ▼ 75.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.6m | €1.5m | €1.4m | €1.5m | €1.4m | €1.0m | €1.0m | ▼ 3.4% |
| Fixed assets21/28 | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 2.4% |
| Tangible fixed assets22/27 | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 2.4% |
| Land and buildings22 | - | - | - | €1.0m | €1.0m | €1.0m | €1.0m | €0.9m | ▼ 2.0% |
| Plant, machinery and equipment23 | - | - | - | €0.01m | €0.005m | €0.001m | €0.001m | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | - | €0.009m | €0.006m | €0 | €0.009m | €0.005m | ▼ 42.3% |
| Current assets29/58 | €0.5m | €0.5m | €0.4m | €0.3m | €0.4m | €0.4m | €0.06m | €0.04m | ▼ 20.2% |
| Stocks and contracts in progress3 | €0.2m | €0.2m | €0.2m | €0.2m | €0.08m | €0 | - | - | - |
| Stocks30/36 | - | - | - | €0.2m | €0.08m | €0 | - | - | - |
| Amounts receivable within one year40/41 | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | €0.03m | €0.03m | ▲ 2.3% |
| Trade receivables40 | - | - | - | €0.2m | €0.3m | €0.4m | €0.02m | €0.03m | ▲ 23.9% |
| Other amounts receivable41 | - | - | - | - | €0.01m | €158 | €0.005m | €74 | ▼ 98.5% |
| Current investments50/53 | €93 | €93 | €93 | €93 | €93 | - | - | - | - |
| Cash at bank and in hand54/58 | €0.006m | €0.04m | €0.03m | €0.02m | €0.03m | €0.02m | €0.02m | €0.007m | ▼ 67.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.006m | €0.007m | €0.008m | ▲ 26.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.6m | €1.5m | €1.4m | €1.5m | €1.4m | €1.0m | €1.0m | ▼ 3.4% |
| Equity10/15 | -€0.03m | -€0.09m | -€0.2m | -€0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 1.0% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.05m | -€0.1m | -€0.2m | -€0.2m | -€0.4m | -€0.4m | -€0.4m | -€0.4m | ▲ 0.5% |
| Amounts payable17/49 | €1.6m | €1.7m | €1.7m | €1.6m | €1.3m | €1.2m | €0.8m | €0.8m | ▼ 4.5% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €1.0m | €1.0m | €0.6m | €0.8m | €0.7m | €0.7m | ▼ 6.6% |
| Financial debts170/4 | - | - | - | €1.0m | €0.6m | €0.8m | €0.7m | €0.7m | ▼ 6.6% |
| Amounts payable within one year42/48 | €0.5m | €0.6m | €0.6m | €0.6m | €0.7m | €0.4m | €0.08m | €0.09m | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | €0.05m | €0.05m | €0.05m | ▲ 3.8% |
| Financial debts43 | - | - | - | €0.3m | €0.3m | €0 | - | - | - |
| Credit institutions430/8 | - | - | - | €0.3m | €0.3m | €0 | - | - | - |
| Trade debts44 | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.008m | €0.008m | ▼ 0.5% |
| Suppliers440/4 | - | - | - | €0.3m | €0.3m | €0.3m | €0.008m | €0.008m | ▼ 0.5% |
| Taxes, remuneration and social security45 | - | - | - | €0.04m | €0.04m | €0.02m | €440 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €0.01m | €0.01m | €0.02m | €440 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.03m | €0.002m | €0 | - | - |
| Other amounts payable47/48 | - | - | - | - | €0.01m | €0.01m | €0.02m | €0.03m | ▲ 47.5% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | €0.002m | €0 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€45,944 | -€60,439 | -€101,541 | -€21,395 | -€168,099 | €2,768 | €8,102 | €1,969 | ▼ 75.7% |
| + Depreciation and write-downs630 | €41,305 | €38,859 | €42,212 | €41,744 | €39,442 | €31,155 | €33,474 | €35,419 | ▲ 5.8% |
| Operating cash flow (approximation) | -€4,639 | -€21,580 | -€59,329 | €20,349 | -€128,657 | €33,923 | €41,576 | €37,388 | ▼ 10.1% |
| Investment in fixed assets (approximation) | - | -€22,074 | -€4,279 | €0 | -€1,666 | €8,002 | -€10,905 | -€12,000 | ▼ 10.0% |
| Change in cash | - | €30,678 | -€10,956 | -€9,877 | €11,476 | -€4,251 | -€2,744 | -€13,708 | ▼ 400% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 29 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 23-07-2026 | 2026-00325611 |
| 31-12-2024 | micro format | 24-07-2025 | 2025-00309047 |
| 31-12-2023 | abbreviated format | 04-07-2024 | 2024-00211964 |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00244768 |
| 31-12-2021 | abbreviated format | 22-04-2022 | 2022-20007315 |
| 31-12-2020 | abbreviated format | 29-04-2021 | 2021-11600514 |
| 31-12-2019 | abbreviated format | 04-06-2020 | 2020-14900456 |
| 31-12-2018 | abbreviated format | 07-06-2019 | 2019-17300131 |
| 31-12-2017 | abbreviated format | 17-07-2018 | 2018-33300452 |
| 31-12-2016 | abbreviated format | 25-07-2017 | 2017-34600519 |
Similar companies · same sector, comparable size
Subsidies and aid
Flemish government
2022 · 1 entry · €112 awarded · €112 paidPublic contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HANDELSONDERNEMING D.R. ROMIJN |
|
Owners and capital
Owners
2 ownersChain of control
- J.T. Wondergem Beheer nvNL
- Handelsonderneming D.R. Romijn BVNL
- RUFLEX
Highest known parent: J.T. Wondergem Beheer nv (Netherlands). The sources do not say who stands above it.
Owners 2
- Handelsonderneming D.R. Romijn BVNLparentSourceown accounts 2023100%
- J.T. Wondergem Beheer nvNLconsolidating parentconsolidates
Stated earlier (1)
An older source named these owners; newer accounts no longer list them.
-
100%
According to the 2023 annual accounts of RUFLEX and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- HANDELSONDERNEMING D.R. ROMIJN (BE 0847.651.524)
- HANDELSONDERNEMING D.R. ROMIJN (BE 0847.651.524) all shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-01-2023 Converted to unavailable equity · €20,100
- 16-01-2023 Converted to unavailable equity · €2,010
- 16-01-2023 Capital increase of €575,000 · no new shares · in kind
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
16-01
Gazette deed
Resignation: HANDELSONDERNEMING D.R. ROMIJN (director)Appointment: HANDELSONDERNEMING D.R. ROMIJN (director) · Permanent representative: WONDERGEM Jan Thijs · Legal-form conversion16 facts ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap (BV)” (deed in Dutch)
- Amendment of the articles (2 times)
- Board meeting, 14-12-2022
- Capital, €20,100
- Capital conversion, “onbeschikbaar eigen vermogen” (deed in Dutch) (2 times)
- Reserve release, “onbeschikbaar vermogen beschikbaar stellen” (deed in Dutch)
- Board meeting, 01-12-2022
- Auditor report, 23-12-2022 (2 times)
- Other provision, “conclusies bedrijfsrevisor”, EUR (deed in Dutch)
- Capital
- Director resignation, HANDELSONDERNEMING D.R. ROMIJN (director)
- +4 further facts in this act
Show earlier events
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11012A0167/00X000 | Flanders | 7,208 m² | 1 · 5,562 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen en oordeelkundig uitbreiden van haar roerend en onroerend patrimonium, het beleggen of weder beleggen van alle beschikbare…” (deed in Dutch)
14 activities (deed in Dutch)
- Het aanleggen en oordeelkundig uitbreiden van haar roerend en onroerend patrimonium, het beleggen of weder beleggen van alle beschikbare middelen, zowel in roerende als onroerende goederen, onder welke vorm ook, onder andere door het participeren door middel van fusie, inschrijving, deelname of verkrijging van financiële instrumenten in alle bestaande of nog op te richten Belgische of buitenlandse vennootschappen, en het beheer van deze roerende en onroerende waarden.
- Zij mag alle roerende en onroerende goederen verwerven zelfs als deze noch rechtstreeks, noch onrechtstreeks verband houden met de bedrijfsactiviteiten van de vennootschap.
- Zij kan alle facetten van koop en verkoop, huur, leasing, bouw, verbouwing, restauratie, onderhoud en afbraak verrichten en alle handelingen die noodzakelijk zijn tot optimaliseren van het onroerend patrimonium in bezit, in huur of in leasing.
- Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen, overheden en andere instellingen, voornamelijk doch niet uitsluitend op het vlak van management, algemeen beheer, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis.
- De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen, bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die rechtstreeks of onrechtstreeks verband houden met de voorgaande.
- Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
- Ter uitvoering van haar opdrachten en voor het waarnemen van bestuurdersmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger, die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.
- Deze opsomming is verklarend en niet beperkend en dient verstaan te worden in de ruimste zin.
- De uitvoering van voormelde bedrijfsactiviteiten kan zowel in België als in het buitenland uitgevoerd worden en dit zowel in eigen naam als in naam en voor rekening van een andere persoon of als tussenpersoon.
- Daartoe kan de vennootschap samenwerken met, deelnemen in, of belangen nemen in andere ondernemingen, rechtstreeks of onrechtstreeks op gelijk welke wijze.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met voormelde bedrijfsactiviteiten of welke van aard zouden zijn de verwezenlijking ervan te vergemakkelijken.
- De vennootschap kan de functie of het mandaat van bestuurder, dagelijks bestuurder, zaakvoerder of vereffenaar van andere vennootschappen uitoefenen.
- De vennootschap mag, zowel in België als in het buitenland, alle zetels van uitbating en fabricatie, alle bijhuizen, agentschappen, handelskantoren of stapelplaatsen oprichten, aankopen of overdragen aan andere (natuurlijk of rechts-)personen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, vennootschap mag bij beslissing bestuursorgaan exploitatiezetels, administratieve zetels, filialen, agentschappen en depots…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, bezoldigd tenzij algemene vergadering anders beslist” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Aandelen op naam, 201” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Door de algemene vergadering, met in achtname van het geldend vennootschapsrecht en boekhoudrecht” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of May at 15:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Bestuursorgaan en in voorkomend geval de commissaris, bij wet bepaalde stukken samen met de oproepingsbrief toegezonden aan aandeelhouders…” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Ongeacht het aantal vertegenwoordigde aandelen, notulen opgesteld tijdens de vergadering” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing van de algemene vergadering, met inachtneming van de vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan te allen tijde en bij gewone meerderheid van stemmen één of meer vereffenaars benoemen of ontslaan, benoeming aan…” (deed in Dutch)