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RUNS

Active
Private limited companyfounded 200916 yrs activeMolenbinnenweg 4, 8810 Lichtervelde, BelgiumKBO/BCE: BE 0821.824.283
Summary

RUNS has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €212,963 and a net result of €59,977. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 36% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability86=
Solvency74▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity tight (current ratio 1.47 against 0.88 in 2023; short-term debt: 25.9% and cash: 24.1% of total assets), and 51.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
44 d early
2023
48 d early
2022
48 d early
2021
45 d early
2020
47 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 16 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 December 2009, RUNS was incorporated.1 Total assets went from EUR 132,330 in 2018 to EUR 437,898 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€212,963▲ 31.8%
2023 · €161,608
Total assets
€437,898▲ 16.9%
2023 · €374,652
Net result
€59,977▲ 15.8%
2023 · €51,779
Working capital
€53,501
2023 · -€11,118
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€20,183▲ 46.4%€51,673▲ 156%€42,281▼ 18.2%€73,980▲ 75.0%€90,852▲ 22.8%
Net result€14,736within the sector's middle half▲ 70.9%€35,470within the sector's middle half▲ 141%€31,001within the sector's middle half▼ 12.6%€51,779above the sector's middle half▲ 67.0%€59,977above the sector's middle half▲ 15.8%
Equity€86,306within the sector's middle half▲ 20.6%€109,841within the sector's middle half▲ 27.3%€117,393within the sector's middle half▲ 6.9%€161,608above the sector's middle half▲ 37.7%€212,963above the sector's middle half▲ 31.8%
Total assets€134,828within the sector's middle half▲ 2.4%€326,392above the sector's middle half▲ 142%€354,575above the sector's middle half▲ 8.6%€374,652above the sector's middle half▲ 5.7%€437,898above the sector's middle half▲ 16.9%
Debt€48,523▼ 19.3%€216,551▲ 346%€237,183▲ 9.5%€213,045▼ 10.2%€224,934▲ 5.6%
Working capital€70,160within the sector's middle half▲ 67.8%€9,555below the sector's middle half▼ 86.4%-€39,640below the sector's middle half-€11,118below the sector's middle half▲ 72.0%€53,501within the sector's middle half
Solvency64.0%within the sector's middle half▲ 9.7pp33.7%within the sector's middle half▼ 30.4pp33.1%within the sector's middle half▼ 0.5pp43.1%within the sector's middle half▲ 10.0pp48.6%within the sector's middle half▲ 5.5pp
Current ratio3.77within the sector's middle half▲ 1.081.14below the sector's middle half▼ 2.630.63below the sector's middle half▼ 0.510.88below the sector's middle half▲ 0.251.47within the sector's middle half▲ 0.59
Return on assets (ROA)10.9%within the sector's middle half▲ 4.4pp10.9%within the sector's middle half▼ 0.1pp8.7%within the sector's middle half▼ 2.1pp13.8%within the sector's middle half▲ 5.1pp13.7%within the sector's middle half▼ 0.1pp
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25,000€50,000€75,000€100,000Operating result 2020: €20,183€20,183Net result 2020: €14,736€14,736Operating result 2021: €51,673€51,673Net result 2021: €35,470€35,470Operating result 2022: €42,281€42,281Net result 2022: €31,001€31,001Operating result 2023: €73,980€73,980Net result 2023: €51,779€51,779Operating result 2024: €90,852€90,852Net result 2024: €59,977€59,97720202021202220232024€0€25,000€50,000€75,000€100,000Operating result 2022: €42,281€42,300Net result 2022: €31,001€31,000Operating result 2023: €73,980€74,000Net result 2023: €51,779€51,800Operating result 2024: €90,852€90,900Net result 2024: €59,977€60,000202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €437,898
Fixed assets €270,982 ▼ 7.8%
Current assets €166,915 ▲ 107%
Equity and liabilities €437,898
Equity €212,963 ▲ 31.8%
Debt €224,934 ▲ 5.6%
Debt's share of the balance-sheet total falls from 56.9% to 51.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€136,673▲
2023 · €111,823
Cash flow
€105,798▲
2023 · €89,623
Quick ratio
1.22▲
2023 · 0.70
Debt to equity
1.06▼
2023 · 1.32
ROE
28.2%▼
2023 · 32.0%
Interest coverage
19.60▼
2023 · 67.54
Debt ≤ 1 year
€113,415▲
2023 · €91,884
Debt > 1 year
€111,520▼
2023 · €121,099
Income taxes
€23,938▲
2023 · €20,636
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
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% 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 34,696 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet Code20232024
Assets
Total assets20/58€374,652€437,898▲
Fixed assets21/28€293,886€270,982▼
Tangible fixed assets22/27€293,886€270,982▼
Land and buildings22€163,655€170,814▲
Plant, machinery and equipment23€96,190€75,989▼
Furniture and vehicles24€34,041€24,180▼
Current assets29/58€80,767€166,915▲
Stocks and contracts in progress3€16,238€28,970▲
Stocks30/36€16,238€28,970▲
Amounts receivable within one year40/41€28,628€30,116▲
Trade receivables40€28,628€29,734▲
Other amounts receivable41€0€382▲
Cash at bank and in hand54/58€33,673€105,700▲
Deferred charges and accrued income490/1€2,227€2,130▼
Equity and liabilities
Total equity and liabilities10/49€374,652€437,898▲
Equity10/15€161,608€212,963▲
Contributions10/11€20,000€20,000=
Reserves13€141,608€192,963▲
Distributable reserves133€141,608€192,963▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€213,045€224,934▲
Amounts payable after more than one year17€121,099€111,520▼
Financial debts170/4€121,099€111,520▼
Amounts payable within one year42/48€91,884€113,415▲
Current portion of amounts payable after more than one year42€9,478€9,580▲
Trade debts44€837€87▼
Suppliers440/4€837€87▼
Taxes, remuneration and social security45€10,833€6,927▼
Taxes450/3€10,833€6,927▼
Other amounts payable47/48€70,737€96,821▲
Accrued charges and deferred income492/3€61€0▼
Income statement Code20232024
Non-recurring operating income76A€661€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,844€45,821▲
Other operating charges640/8€1,330€1,401▲
Gross operating margin9900€113,153€138,074▲
Operating profit (loss)9901€73,980€90,852▲
Financial income75/76B€91€36▼
Recurring financial income75€91€36▼
Financial charges65/66B€1,656€6,973▲
Recurring financial charges65€1,656€6,973▲
Profit (loss) for the period before taxes9903€72,415€83,914▲
Income taxes67/77€20,636€23,938▲
Profit (loss) for the period9904€51,779€59,977▲
Profit (loss) for the period to be appropriated9905€51,779€59,977▲
Appropriation of the result
Profit (loss) to be appropriated9906€51,779€59,977▲
Transfer from equity791/2€7,564€8,621▲
Transfer to equity691/2€51,779€59,977▲
To other reserves6921€51,779€59,977▲
Profit to be distributed694/7€7,564€8,621▲
Return on contributions (dividend)694€7,564€8,621▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€15,837€542€661€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,252€29,440€40,525€37,844€45,821▲ 21.1%
Other operating charges640/8-€494€1,850€1,330€1,401▲ 5.4%
Gross operating margin9900€48,762€81,606€84,655€113,153€138,074▲ 22.0%
Operating profit (loss)9901€20,183€51,673€42,281€73,980€90,852▲ 22.8%
Financial income75/76B-€42€21€91€36▼ 60.3%
Recurring financial income75€28€42€21€91€36▼ 60.3%
Financial charges65/66B-€1,688€1,906€1,656€6,973▲ 321%
Recurring financial charges65€612€1,688€1,906€1,656€6,973▲ 321%
Profit (loss) for the period before taxes9903€19,599€50,028€40,396€72,415€83,914▲ 15.9%
Income taxes67/77€4,862€14,558€9,395€20,636€23,938▲ 16.0%
Profit (loss) for the period9904€14,736€35,470€31,001€51,779€59,977▲ 15.8%
Profit (loss) for the period to be appropriated9905€14,736€35,470€31,001€51,779€59,977▲ 15.8%
Line20202021202220232024Change
Assets
Total assets20/58€134,828€326,392€354,575€374,652€437,898▲ 16.9%
Fixed assets21/28€39,317€249,121€287,610€293,886€270,982▼ 7.8%
Tangible fixed assets22/27€39,317€249,121€287,610€293,886€270,982▼ 7.8%
Land and buildings22-€177,274€168,259€163,655€170,814▲ 4.4%
Plant, machinery and equipment23-€21,299€75,449€96,190€75,989▼ 21.0%
Furniture and vehicles24-€48,008€43,902€34,041€24,180▼ 29.0%
Other tangible fixed assets26-€2,540€0---
Current assets29/58€95,512€77,271€66,966€80,767€166,915▲ 107%
Stocks and contracts in progress3€2,719€5,145€10,651€16,238€28,970▲ 78.4%
Stocks30/36-€5,145€10,651€16,238€28,970▲ 78.4%
Amounts receivable within one year40/41€22,417€19,286€35,309€28,628€30,116▲ 5.2%
Trade receivables40-€19,235€27,158€28,628€29,734▲ 3.9%
Other amounts receivable41-€52€8,150€0€382-
Cash at bank and in hand54/58€70,375€52,181€20,380€33,673€105,700▲ 214%
Deferred charges and accrued income490/1-€659€625€2,227€2,130▼ 4.3%
Equity and liabilities
Total equity and liabilities10/49€134,828€326,392€354,575€374,652€437,898▲ 16.9%
Equity10/15€86,306€109,841€117,393€161,608€212,963▲ 31.8%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€66,306€89,841€97,393€141,608€192,963▲ 36.3%
Non-distributable reserves130/1-€2,000€0---
Reserves not available under the articles1311-€2,000€0---
Distributable reserves133-€87,841€97,393€141,608€192,963▲ 36.3%
Profit (loss) carried forward14--€0€0€0-
Amounts payable17/49€48,523€216,551€237,183€213,045€224,934▲ 5.6%
Amounts payable after more than one year17€23,171€148,835€130,577€121,099€111,520▼ 7.9%
Financial debts170/4-€148,835€130,577€121,099€111,520▼ 7.9%
Amounts payable within one year42/48€25,352€67,716€106,606€91,884€113,415▲ 23.4%
Current portion of amounts payable after more than one year42-€22,474€18,258€9,478€9,580▲ 1.1%
Trade debts44€2,044€340€235€837€87▼ 89.6%
Suppliers440/4-€340€235€837€87▼ 89.6%
Taxes, remuneration and social security45-€18,310€3,845€10,833€6,927▼ 36.1%
Taxes450/3-€18,310€3,845€10,833€6,927▼ 36.1%
Other amounts payable47/48-€26,592€84,268€70,737€96,821▲ 36.9%
Accrued charges and deferred income492/3---€61€0▼ 100%
Line20202021202220232024Change
Profit (loss) for the period9904€14,736€35,470€31,001€51,779€59,977▲ 15.8%
+ Depreciation and write-downs630€28,252€29,440€40,525€37,844€45,821▲ 21.1%
Operating cash flow (approximation)€42,988€64,909€71,526€89,623€105,798▲ 18.0%
Investment in fixed assets (approximation)--€239,244-€79,014-€44,120-€22,918▲ 48.1%
Change in cash--€18,195-€31,800€13,293€72,026▲ 442%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €59,977 ▲15.8%
Operating result €90,852, net result €59,977, both a record.
31-12
Financial Equity above €200,000Eq €212,963 ▲31.8%
7 profitable years in a row build equity to €212,963.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €150,000Eq €161,608 ▲37.7%
6 profitable years in a row build equity to €161,608.
13-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100,000Eq €109,841 ▲27.3%
4 profitable years in a row build equity to €109,841.
14-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Lichtervelde · 2 establishment units since 2010
seat establishment All 2 establishment units on the map
Ground area
3,064 m²
Building footprint
439 m²
Volume, LiDAR
908 m³
3 parcels, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Runs
Gavervijver 11, 8820 TorhoutWholesale trade
since 20102.185.007.449
Runs
Hoogstraat 20, 8810 LichterveldeWholesale trade
since 20212.324.485.333
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31522B0102/00S003 Flanders 2,130 m² 1 · 139 m² 10.1 m · 1 fl.
36011B0718/00C000 Flanders 547 m² 1 · 137 m² 5.5 m · 1 fl.
36011F0140/00G000 Flanders 387 m² 1 · 163 m² 0.3 m
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Lichtervelde2.324.485.333
1 permission
Detailhandel LM>3 maand · since 13-01-2025

Similar companies · same sector, comparable size

Of 16,915 companies in sector 62100 we hold annual accounts for 8,786. 6,532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID 0208:0821824283
Registered 24-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.