RUNLITE
ActiveRUNLITE has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-11k) and a net result of €-260k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 6% of 316 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-19
Solvency24▼-16
Growth33=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.09 against 0.88 in 2023; short-term debt: 37.9% and cash: 4.5% of total assets), but equity is negative.
Credit advice for your own amount and term
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 · 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 2024Solvency, return and age of the figures
Solvency
-0.6%
Return on assets
-15.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
29 d late
2022
132 d early
2021
101 d early
2020
101 d early
2019
92 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.92M▲ 7.9%
2022 · €1.78M
2018: €1.92M
2019: €1.62M
2020: €1.39M
2021: €1.47M
2022: €1.78M
2018 → 2023
EBIT margin
-5.5%▼ 8.4pp
2022 · 2.9%
2018: 2.6%
2019: 2.9%
2020: 2.7%
2021: 3.3%
2022: 2.9%
2018 → 2023
Net result
€-260k▼ 117%
2023 · €-120k
2018: €24k
2019: €21k
2020: €12k
2021: €21k
2022: €19k
2023: €-120k
2018 → 2024
Working capital
€694k
2023 · €-170k
2018: €-393k
2019: €-356k
2020: €-254k
2021: €-264k
2022: €-175k
2023: €-170k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.39M-€1.47M▲ 5.9%€1.78M▲ 20.7%€1.92M▲ 7.9%
Equity€331k-€351k▲ 6.2%€370k▲ 5.3%€250k▼ 32.4%€-11k
Operating result€38k-€48k▲ 27.0%€52k▲ 7.2%€-105k€-212k▼ 102%
Net result€12k-€21k▲ 77.9%€19k▼ 9.8%€-120k€-260k▼ 117%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €212k in 2024 against €105k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.68M
Fixed assets
€347k▼ 19.6%
Current assets
€1.33M▲ 10.3%
Key figures and ratios
EBITDA
€-120k▼
2023 · €10k
Cash flow
€-169k▼
2023 · €-5k
Solvency
-0.6%▼
2023 · 15.3%
Current ratio
2.09▲
2023 · 0.88
Quick ratio
0.57▲
2023 · 0.28
ROA
-15.5%▼
2023 · -7.3%
Interest coverage
-2.46▼
2023 · 0.94
Debt
€1.69M▲
2023 · €1.39M
Debt ≤ 1 year
€635k▼
2023 · €1.37M
Debt > 1 year
€1.04M
Income taxes
€319▼
2023 · €436
Staff costs
€572k▼
2023 · €633k
A ratio outside any meaningful range has been withheld (balance sheet total €1.68M, equity €-11k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.64M€1.68M▲
Fixed assets21/28€432k€347k▼
Tangible fixed assets22/27€432k€347k▼
Land and buildings22€255k€213k▼
Plant, machinery and equipment23€177k€134k▼
Furniture and vehicles24€366€0▼
Financial fixed assets28€370€370=
Other financial fixed assets284/8€370-
Amounts receivable and cash guarantees285/8€370-
Current assets29/58€1.20M€1.33M▲
Stocks and contracts in progress3€817k€965k▲
Stocks30/36€817k€965k▲
Raw materials and consumables30/31€400k-
Work in progress32€90k-
Finished goods33€312k-
Goods purchased for resale34€15k-
Amounts receivable within one year40/41€322k€264k▼
Trade receivables40€292k€216k▼
Other amounts receivable41€30k€48k▲
Cash at bank and in hand54/58€48k€76k▲
Deferred charges and accrued income490/1€18k€25k▲
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.68M▲
Equity10/15€250k€-11k▼
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€10k€10k=
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Profit (loss) carried forward14€140k€-121k▼
Amounts payable17/49€1.39M€1.69M▲
Amounts payable after more than one year17-€1.04M
Financial debts170/4-€1.04M
Amounts payable within one year42/48€1.37M€635k▼
Current portion of amounts payable after more than one year42-€59k
Trade debts44€135k€437k▲
Suppliers440/4€135k€437k▲
Taxes, remuneration and social security45€81k€29k▼
Taxes450/3€19k€0▼
Remuneration and social security454/9€62k€29k▼
Other amounts payable47/48€1.16M€109k▼
Accrued charges and deferred income492/3€13k€13k▲
Income statement
Code20232024
Operating income70/76A€1.99M-
Turnover70€1.92M-
Change in stocks of work in progress, finished goods and contracts in progress71€7k-
Other operating income74€62k-
Operating charges60/66A€2.09M-
Goods for resale, raw materials and consumables60€1.05M-
Purchases600/8€993k-
Change in stocks: decrease (increase)609€58k-
Services and other goods61€274k-
Remuneration, social security and pensions62€633k€572k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€114k€92k▼
Other operating charges640/8€18k€17k▼
Gross operating margin9900-€469k
Operating profit (loss)9901€-105k€-212k▼
Financial income75/76B€20€8▼
Recurring financial income75€20€8▼
Other financial income752/9€20-
Financial charges65/66B€15k€49k▲
Recurring financial charges65€15k€49k▲
Debt charges650€10k-
Other financial charges652/9€4k-
Profit (loss) for the period before taxes9903€-119k€-260k▼
Income taxes67/77€436€319▼
Taxes670/3€436-
Profit (loss) for the period9904€-120k€-260k▼
Profit (loss) for the period to be appropriated9905€-120k€-260k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€-121k▼
Profit (loss) brought forward from the previous period14P€260k€140k▼
Social balance
Average headcount (FTE)90878.28.8▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-260k
Net result drops to €-260k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.09
Current ratio from 0.88 to 2.09; short-term debt falls from €1.37M to €635k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are 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, Soumagne · 1 establishment unit since 1988
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.
Avenue de la Coopération 94630 SoumagneGround area
273 m²
Building footprint
45 m²
Volume, LiDAR
381 m³
Parcel 62099A0033/00S002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Avenue de la Coopération 9, 4630 Soumagne
since 19882.041.117.748
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62099A0033/00S002indicative | Wallonia | 273 m² | 1 · 44 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
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Of 346 companies in sector 28990 we hold annual accounts for 278. 197 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1987
Fiscal year end31-12
Activities, NACEBEL
20160Manufacture of chemicals and chemical products
28990Manufacture of machinery and equipment not elsewhere classified
29564
46460Wholesale of pharmaceutical and medical goods
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.