Equity
-€9,059
Debts exceed assets in financial year 2024.
RULE
Lifetime
6 annual accounts with figures on one time axispeak €6,057 (2022)
€1,897▲ €6,380
lowest -€12,084 (2018)
€1,897▲ €6,380
peak -€3,027 (2019)
-€9,059▲ €1,897
€31,862▲ 1.7%
Board1 name since 2017
1 director
Documentsfilings and deeds
31-08-202531 days late
2024micro format
Gross margin from -€4,483 to €1,897Back to profit: €1,897Equity from -€10,956 to -€9,059
Key points
from the 2024 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,180 companies had the same profile as RULE has now. Each dot stands for 6 companies, two years later.
88.8%
were still trading
5.8%
stopped another way
4.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,180 companies, not a prediction for RULE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
Director
- 20 sharesdeed of 09-05-2017
- 80 sharesdeed of 09-05-2017
Recent changes
Resignation: (manager)
Reappointment: (director) · General meeting of 27-12-2023 · Gazette deed
First establishment
Linnéstraat 63, Saint-Josse-ten-Noode
Incorporation
Founding capital of €18,600, 100 shares, €6,200 paid up · Founders: and · Appointment: (manager) · published on 09-05-2017 · Gazette deed
Official details
Source: KBO- Status
- Active since 05-05-2017Normal situation
- Activity
- “L'entreprise et l'exécution de travaux d’électricité,de plomberie,de chauffage,de maçonnerie,de peinture et de décoration” (deed in French)From the articles, 30 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.266.090.3431210 Saint-Josse-ten-Noode, since 20-05-2017
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on RULE
RULE files the micro format. That format states no turnover. The gross margin rose from -€7,483 in 2018 to €1,897 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about RULE
- What is the company number of RULE?
- The company number of RULE is 0675.466.824. The VAT number is the same number with BE in front: BE 0675.466.824.
- Where is RULE based?
- The registered office is at Linnéstraat 63, 1210 Saint-Josse-ten-Noode.Company details
- What is the legal form of RULE?
- RULE is a private limited company (BV).
- When was RULE founded?
- RULE was founded on 05-05-2017.
- Is RULE still active?
- Yes, RULE is an active enterprise in the KBO register.
- What is the turnover of RULE?
- The turnover in financial year 2024 is ≈ €14,000. This figure is estimated from the gross margin of €1,897 and 6,298 comparable companies of the same size. It probably lies between €6,600 and €35,000. It is a rough estimate.Financials
- Is RULE profitable?
- In financial year 2024, RULE made a profit of €1,897.
- Where can I find the annual accounts of RULE?
- RULE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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