RUNA SHOE
ActiveRUNA SHOE has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-7k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 19% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency19▼-3
Growth58=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.1 against 1.13 in 2024), and 90.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 47
Relative position
BE, all sectors
reference
Sector 47
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.2%
Return on assets
-2.8%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€7k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 10230 sector peers (2025).
NBB · sector comparisonPosition among 10230 sector peers
Solvency
better than 19%
← weakest
strongest →
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 09-03-2026, 144 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
144 d early
2024
94 d early
2023
56 d early
2022
46 d early
2021
59 d early
2020
51 d early
2019
57 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€22k▼ 23.6%
2024 · €28k
2018: €43k
2019: €35k
2020: €43k
2021: €43k
2022: €35k
2023: €33k
2024: €28k
2018 → 2025
Total assets
€235k▲ 1.3%
2024 · €232k
2018: €325k
2019: €302k
2020: €301k
2021: €291k
2022: €265k
2023: €247k
2024: €232k
2018 → 2025
Net result
€-7k▼ 49.5%
2024 · €-4k
2018: €-7k
2019: €-8k
2020: €8k
2021: €-148
2022: €-8k
2023: €-2k
2024: €-4k
2018 → 2025
Working capital
€21k▼ 21.3%
2024 · €27k
2018: €42k
2019: €34k
2020: €43k
2021: €39k
2022: €32k
2023: €31k
2024: €27k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€35k▼ 18.5%€33k▼ 6.5%€28k▼ 13.6%€22k▼ 23.6%
Operating result€152-€-8k€-1k▲ 81.9%€-5k▼ 225%€-5k▼ 20.6%
Net result€-148-€-8k▼ 5,247%€-2k▲ 71.5%€-4k▼ 97.1%€-7k▼ 49.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €5k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€345▼ 72.5%
Current assets
€235k▲ 1.7%
Equity and liabilities €235k
Equity
€22k▼ 23.6%
Debt
€214k▲ 4.8%
The debt ratio rises from 87.8% to 90.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2024 · €-4k
Cash flow
€-6k▼
2024 · €-4k
Solvency
9.2%▼
2024 · 12.2%
Current ratio
1.10▼
2024 · 1.13
Quick ratio
0.01▲
2024 · 0.00
Debt / equity
9.88▲
2024 · 7.21
ROE
-30.8%▼
2024 · -15.8%
ROA
-2.8%▼
2024 · -1.9%
Interest coverage
-3.63▲
2024 · -5.43
Debt
€214k▲
2024 · €204k
Debt ≤ 1 year
€214k▲
2024 · €204k
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€232k€235k▲
Fixed assets21/28€1k€345▼
Tangible fixed assets22/27€1k€345▼
Land and buildings22€116-
Plant, machinery and equipment23€1k€345▼
Current assets29/58€231k€235k▲
Stocks and contracts in progress3€230k€233k▲
Stocks30/36€230k€233k▲
Cash at bank and in hand54/58€647€2k▲
Deferred charges and accrued income490/1€352€357▲
Equity and liabilities
Total equity and liabilities10/49€232k€235k▲
Equity10/15€28k€22k▼
Contributions10/11€19k€19k=
Reserves13€14k€3k▼
Distributable reserves133€14k€3k▼
Profit (loss) carried forward14€-4k-
Amounts payable17/49€204k€214k▲
Amounts payable within one year42/48€204k€214k▲
Financial debts43€2k€7k▲
Credit institutions430/8€2k€7k▲
Trade debts44€10k€15k▲
Suppliers440/4€10k€15k▲
Taxes, remuneration and social security45€10k€10k▼
Taxes450/3€10k€10k▼
Other amounts payable47/48€182k€181k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€910€910=
Other operating charges640/8€505€520▲
Gross operating margin9900€-3k€-4k▼
Operating profit (loss)9901€-5k€-5k▼
Financial income75/76B€709€18▼
Recurring financial income75€709€18▼
Financial charges65/66B€663€1k▲
Recurring financial charges65€663€1k▲
Profit (loss) for the period before taxes9903€-4k€-7k▼
Profit (loss) for the period9904€-4k€-7k▼
Profit (loss) for the period to be appropriated9905€-4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-11k▼
Profit (loss) brought forward from the previous period14P-€-4k
Transfer from equity791/2-€11k
The notes to these accounts (6 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
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
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, Kasterlee · 1 establishment unit since 2002
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.
Gierlebaan 282460 KasterleeGround area
834 m²
Building footprint
296 m²
Volume, LiDAR
1,332 m³
Parcel 13038C0263/00L004, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RUNA SHOE
since 20022.096.075.275
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038C0263/00L004 | Flanders | 834 m² | 1 · 296 m² | 10.4 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
Xvix
BE 0770.655.496
Liedekerke · Eq €22k
Huis H. Colson
BE 0414.066.472
Bilzen-Hoeselt · Eq €22k
The Ultimate Group
BE 0801.234.450
Antwerpen · Eq €22k
JAM.S SHOES
BE 0726.955.018
Schaarbeek · Eq €21k
Belgium Coast Events
BE 0430.664.459
Brugge · Eq €22k
Of 1,030 companies in sector 47721 we hold annual accounts for 583. 345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-05-2002
Fiscal year end31-12
Activities, NACEBEL
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.