RURAL
ActiveSummary
RURAL has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €12,465 and a net result of €13,832. Equity is shrinking by ~16.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 16% of 37 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability70▼-7
Solvency26▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.4 against 4.17 in 2025; short-term debt: 12.3% and cash: 3% of total assets), but 98.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
1.1%
Return on assets
1.3%
Age of the figures
6 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 37 sector peers (2026).
NBB · sector comparisonPosition among 37 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
37 d early
2025
22 d early
2024
1 d early
2023
on the day
2022
23 d early
2021
4 d early
2020
30 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 17 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 20 October (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2026, micro schema
Equity
€12,465
2025 · -€1,367
Total assets
€1.1m▲ 48.5%
2025 · €733,769
Net result
€13,832▼ 70.6%
2025 · €46,975
Working capital
€322,011▼ 5.3%
2025 · €339,856
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service 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
Line20222023202420252026
Operating result€13,007€17,278▲ 32.8%-€100,613€59,058€27,774▼ 53.0%
Net result€10,066within the sector's middle half€15,969within the sector's middle half▲ 58.6%-€107,524below the sector's middle half€46,975above the sector's middle half€13,832▼ 70.6%
Equity€43,214within the sector's middle half▲ 30.4%€59,183within the sector's middle half▲ 37.0%-€48,341below the sector's middle half-€1,367below the sector's middle half▲ 97.2%€12,465
Total assets€186,050within the sector's middle half▼ 49.7%€565,458within the sector's middle half▲ 204%€766,842above the sector's middle half▲ 35.6%€733,769within the sector's middle half▼ 4.3%€1.1m▲ 48.5%
Debt€142,837▼ 57.6%€506,275▲ 254%€815,183▲ 61.0%€735,135▼ 9.8%€1.1m▲ 46.6%
Working capital€128,759above the sector's middle half▼ 56.0%€79,423within the sector's middle half▼ 38.3%€355,065above the sector's middle half▲ 347%€339,856above the sector's middle half▼ 4.3%€322,011▼ 5.3%
Solvency23.2%within the sector's middle half▲ 14.3pp10.5%within the sector's middle half▼ 12.8pp-6.3%below the sector's middle half▼ 16.8pp-0.2%below the sector's middle half▲ 6.1pp1.1%▲ 1.3pp
Current ratio3.39above the sector's middle half▼ 1.711.23within the sector's middle half▼ 2.163.25above the sector's middle half▲ 2.024.17above the sector's middle half▲ 0.923.40▼ 0.77
Return on assets (ROA)5.4%within the sector's middle half▲ 13.0pp2.8%within the sector's middle half▼ 2.6pp-14.0%below the sector's middle half▼ 16.8pp6.4%within the sector's middle half▲ 20.4pp1.3%▼ 5.1pp
Staff (FTE)0.30.3=
above
within
below
the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2026; 2026 is 53% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.1m
Fixed assets
€633,527 ▲ 121%
Current assets
€456,384 ▲ 2.1%
Equity and liabilities €1.1m
Equity
€12,465
Debt
€1.1m
Debt finances 98.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€108,269▼
2025 · €114,950
Cash flow
€94,327▼
2025 · €102,867
Quick ratio
0.50▼
2025 · 1.24
Debt to equity
86.44
ROE
111.0%
Interest coverage
7.50▼
2025 · 9.51
Debt ≤ 1 year
€134,373▲
2025 · €107,178
Debt > 1 year
€943,072▲
2025 · €624,132
Staff costs
€12,743▼
2025 · €12,766
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,375 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 10 to 20 years old
- solvency under 10%
- a profit under 5% of the balance sheet
2.2%
went bankrupt
1.6%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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%.
| 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 1,375 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €12,500 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €12,766 | €12,743 | ▼ 0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,275 | €7,864 | €39,505 | €55,892 | €80,495 | ▲ 44.0% |
| Other operating charges640/8 | €73 | €448 | €604 | €1,460 | €2,511 | ▲ 71.9% |
| Non-recurring operating charges66A | - | €1,077 | - | €3,095 | - | - |
| Gross operating margin9900 | €14,355 | €26,666 | -€60,504 | €132,271 | €123,522 | ▼ 6.6% |
| Operating profit (loss)9901 | €13,007 | €17,278 | -€100,613 | €59,058 | €27,774 | ▼ 53.0% |
| Financial income75/76B | €756 | €16 | €33 | - | €490 | - |
| Recurring financial income75 | €756 | €16 | €33 | - | €490 | - |
| Financial charges65/66B | €8,697 | €1,324 | €6,944 | €12,083 | €14,432 | ▲ 19.4% |
| Recurring financial charges65 | €8,697 | €1,324 | €6,944 | €12,083 | €14,432 | ▲ 19.4% |
| Profit (loss) for the period before taxes9903 | €5,066 | €15,969 | -€107,524 | €46,975 | €13,832 | ▼ 70.6% |
| Income taxes67/77 | -€5,000 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €10,066 | €15,969 | -€107,524 | €46,975 | €13,832 | ▼ 70.6% |
| Profit (loss) for the period to be appropriated9905 | €10,066 | €15,969 | -€107,524 | €46,975 | €13,832 | ▼ 70.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €186,050 | €565,458 | €766,842 | €733,769 | €1.1m | ▲ 48.5% |
| Fixed assets21/28 | €3,480 | €140,932 | €253,766 | €286,734 | €633,527 | ▲ 121% |
| Intangible fixed assets21 | €1,077 | €15,061 | €9,596 | €8,602 | €4,668 | ▼ 45.7% |
| Tangible fixed assets22/27 | €2,403 | €125,872 | €244,170 | €278,132 | €628,359 | ▲ 126% |
| Land and buildings22 | - | - | €5,000 | €27,500 | €122,177 | ▲ 344% |
| Plant, machinery and equipment23 | - | €123,660 | €237,343 | €249,190 | €505,124 | ▲ 103% |
| Furniture and vehicles24 | €2,403 | €2,211 | €1,827 | €1,442 | €1,058 | ▼ 26.7% |
| Financial fixed assets28 | €0 | - | - | - | €500 | - |
| Current assets29/58 | €182,570 | €424,525 | €513,075 | €447,034 | €456,384 | ▲ 2.1% |
| Stocks and contracts in progress3 | €152,404 | €330,152 | €400,406 | €313,788 | €388,910 | ▲ 23.9% |
| Stocks30/36 | €152,404 | €330,152 | €400,406 | €313,788 | €388,910 | ▲ 23.9% |
| Amounts receivable within one year40/41 | - | €27,873 | €34,019 | €70,895 | €32,207 | ▼ 54.6% |
| Trade receivables40 | - | €21,885 | €26,630 | €70,172 | €26,581 | ▼ 62.1% |
| Other amounts receivable41 | - | €5,988 | €7,390 | €723 | €5,625 | ▲ 678% |
| Cash at bank and in hand54/58 | €30,165 | €66,026 | €75,389 | €58,106 | €32,213 | ▼ 44.6% |
| Deferred charges and accrued income490/1 | - | €475 | €3,261 | €4,246 | €3,054 | ▼ 28.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €186,050 | €565,458 | €766,842 | €733,769 | €1.1m | ▲ 48.5% |
| Equity10/15 | €43,214 | €59,183 | -€48,341 | -€1,367 | €12,465 | ▲ 1,012% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €42,530 | €42,530 | €42,530 | €42,530 | €42,530 | = |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Distributable reserves133 | €40,670 | €42,530 | €42,530 | €42,530 | €42,530 | = |
| Profit (loss) carried forward14 | -€17,916 | -€1,947 | -€109,471 | -€62,497 | -€48,665 | ▲ 22.1% |
| Amounts payable17/49 | €142,837 | €506,275 | €815,183 | €735,135 | €1.1m | ▲ 46.6% |
| Amounts payable after more than one year17 | €88,401 | €159,802 | €656,504 | €624,132 | €943,072 | ▲ 51.1% |
| Financial debts170/4 | €88,401 | €159,802 | €656,504 | €624,132 | €943,072 | ▲ 51.1% |
| Amounts payable within one year42/48 | €53,811 | €345,102 | €158,010 | €107,178 | €134,373 | ▲ 25.4% |
| Current portion of amounts payable after more than one year42 | €7,142 | €7,180 | €33,173 | €34,144 | €58,801 | ▲ 72.2% |
| Trade debts44 | €2,042 | €292,138 | €65,043 | €24,691 | €53,672 | ▲ 117% |
| Suppliers440/4 | €2,042 | €292,138 | €65,043 | €24,691 | €53,672 | ▲ 117% |
| Advances received on contracts in progress46 | - | - | - | €31,508 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,304 | €1,200 | ▼ 63.7% |
| Remuneration and social security454/9 | - | - | - | €3,304 | €1,200 | ▼ 63.7% |
| Other amounts payable47/48 | €44,627 | €45,784 | €59,795 | €13,532 | €20,700 | ▲ 53.0% |
| Accrued charges and deferred income492/3 | €624 | €1,371 | €668 | €3,825 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,066 | €15,969 | -€107,524 | €46,975 | €13,832 | ▼ 70.6% |
| + Depreciation and write-downs630 | €1,275 | €7,864 | €39,505 | €55,892 | €80,495 | ▲ 44.0% |
| Operating cash flow (approximation) | €11,341 | €23,833 | -€68,019 | €102,867 | €94,327 | ▼ 8.3% |
| Investment in fixed assets (approximation) | - | -€145,316 | -€152,339 | -€88,860 | -€427,287 | ▼ 381% |
| Change in cash | - | €35,861 | €9,363 | -€17,283 | -€25,893 | ▼ 49.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
24-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €46,975
Net result €46,975 after one loss-making year.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet -€107,524
Net result drops to -€107,524, the lowest in the series; recovery starts the following year.
31-03
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 1.23 to 3.25; short-term debt falls from €345,102 to €158,010.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
07-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €10,066
Net result €10,066 after one loss-making year.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €57,604
Net result €57,604 after one loss-making year.
Show earlier events
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity doublescurrent ratio 6.76
Current ratio from 3.29 to 6.76; short-term debt falls from €224,908 to €180,180.
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Geraardsbergen · 2 establishment units since 2014
Ground area
3,157 m²
Building footprint
1,291 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
Rural BV
since 20142.227.831.662
Rural BV
since 20232.341.994.526
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41079B0457/00B000 | Flanders | 2,078 m² | 1 · 189 m² | - |
| 41079B0237/00B000 | Flanders | 1,079 m² | 1 · 1,101 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 2 entries · 34,609 EUR awarded · 34,609 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 34,609 EUR | 34,609 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeraardsbergen2.341.994.526
Similar companies · same sector, comparable size
TYNESBORN
BE 1005.440.236
Heers · Eq €12,450
ELEVAGE DE LA BAILLE
BE 0736.377.775
Les Bons Villers · Eq €12,420
HAZEWIND
BE 0465.566.346
Lo-Reninge · Eq €12,529
V.T.H.
BE 0816.559.757
Philippeville · Eq €12,596
Coteaux des Avelines
BE 0700.355.935
Villers-la-Ville · Eq €12,332
Of 20,582 companies in sector 01500 we hold annual accounts for 1,149. 379 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
Founded06-02-2014
Fiscal year end31-03
Activities, NACEBEL 2025
01500Mixed farming
01410Raising of dairy cattle
68110Buying and selling of own real estate
70100Activities of head offices
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0545835232
Also
9925:BE0545835232
Registered
25-03-2026
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.