RUSH
ActiveSummary
The computed 12-month bankruptcy probability of RUSH is 2.7% (moderate). The 2025 annual accounts show equity of €40,230 and a net result of -€11,048. Equity has been shrinking by about 6.9% per year since 2022. Its solvency ranks better than 21% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-12-2020 Normal situation
- Activity
- Plumbing work NACE 43221and 3 others
- Establishment unit
- 2.310.147.149 3620 Lanaken, since 02-12-2020
- Financial year end
- 30 June
- Peppol
- Reachable since 30-10-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.7%
- Gross margin
- €12,649
- ▼ 74.3%
- Turnover
- ≈ €110,000
- estimated
- Loss
- €11,048
- Equity
- €40,230
- ▼ 21.5%
- Total assets
- €211,160
- ▲ 96.0%
Score breakdownraises riskLiquidity: current ratio 0.89, cash €0, halvedFounded in 2020Sector: Specialised construction activities (NACE 43)Loss of €11,048 (financial year 2025)Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 21% of them on solvency, 32% on liquidity, 17% on profitability and 17% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 25 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 21-01-2026 PDF all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €5,830, after a profit of €9,908 in 2024. It is the lowest result since 2022.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2022 | 30-06-2023 |
|---|---|---|
| Employees at the balance-sheet date | 2 | - |
| full-time | 2 | - |
| part-time | 0 | - |
| in full-time equivalents | 2 | - |
| Average over the year, in full-time equivalents | 1.2 | 1.2 |
| On a permanent contract | 2 | - |
| Joined | 2 | 0 |
| Left | 0 | 2 |
| Training hours | - | 3 |
Source: social balance sheet in the 2022 to 2023 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €69,486 | €9,062 | €66,350 | €115,494 |
| Financial fixed assets | €480 | - | - | - |
| Depreciation and write-downs of the year | €17,061 | €16,565 | €9,691 | €17,423 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €217 awarded · €167 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €0 | €167 |
| 2022 | 1 | €217 | €0 |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €13,999 | €0 | ▼ 100% |
| Remuneration, social security and pensions62 | €77,771 | €42,398 | €740 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,061 | €16,565 | €9,691 | €17,423 | ▲ 79.8% |
| Other operating charges640/8 | €2,046 | €9,161 | €28,975 | €1,056 | ▼ 96.4% |
| Gross operating margin9900 | €148,535 | €65,710 | €49,315 | €12,649 | ▼ 74.3% |
| Operating profit (loss)9901 | €51,658 | -€2,414 | €9,908 | -€5,830 | - |
| Financial income75/76B | €96 | €28 | €1 | €1 | ▼ 50.5% |
| Recurring financial income75 | €96 | €28 | €1 | €1 | ▼ 50.5% |
| Financial charges65/66B | €1,806 | €1,610 | €2,007 | €4,971 | ▲ 148% |
| Recurring financial charges65 | €1,806 | €1,610 | €2,007 | €4,971 | ▲ 148% |
| Profit (loss) for the period before taxes9903 | €49,947 | -€3,997 | €7,901 | -€10,801 | - |
| Income taxes67/77 | €10,170 | €0 | €2,404 | €248 | ▼ 89.7% |
| Profit (loss) for the period9904 | €39,778 | -€3,997 | €5,497 | -€11,048 | - |
| Profit (loss) for the period to be appropriated9905 | €39,778 | -€3,997 | €5,497 | -€11,048 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €138,729 | €90,031 | €107,744 | €211,160 | ▲ 96.0% |
| Fixed assets21/28 | €52,905 | €44,923 | €71,696 | €169,767 | ▲ 137% |
| Tangible fixed assets22/27 | €52,425 | €44,923 | €71,696 | €169,767 | ▲ 137% |
| Land and buildings22 | - | - | - | €114,128 | - |
| Plant, machinery and equipment23 | €7,157 | €6,065 | €3,727 | €2,026 | ▼ 45.6% |
| Furniture and vehicles24 | €13,298 | €15,175 | €10,664 | €8,689 | ▼ 18.5% |
| Leasing and similar rights25 | €31,971 | €23,683 | €57,305 | €44,924 | ▼ 21.6% |
| Financial fixed assets28 | €480 | €0 | - | - | - |
| Current assets29/58 | €85,824 | €45,109 | €36,048 | €41,393 | ▲ 14.8% |
| Stocks and contracts in progress3 | €35,189 | €0 | - | - | - |
| Stocks30/36 | €35,189 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €28,027 | €14,654 | €34,912 | €41,062 | ▲ 17.6% |
| Trade receivables40 | €18,254 | €14,082 | €33,514 | €19,940 | ▼ 40.5% |
| Other amounts receivable41 | €9,773 | €572 | €1,399 | €21,122 | ▲ 15× |
| Cash at bank and in hand54/58 | €21,562 | €0 | €1,033 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €1,045 | €30,455 | €102 | €331 | ▲ 224% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €138,729 | €90,031 | €107,744 | €211,160 | ▲ 96.0% |
| Equity10/15 | €49,778 | €45,781 | €51,278 | €40,230 | ▼ 21.5% |
| Contributions10/11 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | €39,778 | €35,781 | €41,278 | €30,230 | ▼ 26.8% |
| Amounts payable17/49 | €88,952 | €44,250 | €56,466 | €170,930 | ▲ 203% |
| Amounts payable after more than one year17 | €21,731 | €13,861 | €34,744 | €120,671 | ▲ 247% |
| Financial debts170/4 | €21,731 | €13,861 | €34,744 | €120,671 | ▲ 247% |
| Amounts payable within one year42/48 | €65,721 | €28,389 | €20,222 | €46,759 | ▲ 131% |
| Current portion of amounts payable after more than one year42 | €9,146 | €7,870 | €8,930 | €14,473 | ▲ 62.1% |
| Financial debts43 | - | €6,474 | €0 | €29,685 | - |
| Credit institutions430/8 | - | €6,474 | €0 | €29,685 | - |
| Trade debts44 | €32,509 | €7,994 | €1,554 | €2,284 | ▲ 47.0% |
| Suppliers440/4 | €32,509 | €7,994 | €1,554 | €2,284 | ▲ 47.0% |
| Taxes, remuneration and social security45 | €14,394 | €6,052 | €9,668 | €248 | ▼ 97.4% |
| Taxes450/3 | €10,170 | €3,398 | €9,668 | €248 | ▼ 97.4% |
| Remuneration and social security454/9 | €4,224 | €2,654 | €0 | - | - |
| Other amounts payable47/48 | €9,672 | €0 | €70 | €70 | = |
| Accrued charges and deferred income492/3 | €1,500 | €2,000 | €1,500 | €3,500 | ▲ 133% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,778 | -€3,997 | €5,497 | -€11,048 | - |
| + Depreciation and write-downs630 | €17,061 | €16,565 | €9,691 | €17,423 | ▲ 79.8% |
| Operating cash flow (approximation) | €56,838 | €12,568 | €15,189 | €6,374 | ▼ 58.0% |
| Investment in fixed assets (approximation) | - | -€8,582 | -€36,465 | -€115,494 | ▼ 217% |
| Change in cash | - | -€21,562 | €1,033 | -€1,033 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 1,548 companies had the same profile as RUSH has now. Two years later, 91.3% were still going and 4.3% had gone bankrupt.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RUSH itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,548 companies, not a prediction for RUSH. 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.
Board & ownership
Directors
Owners and capital
Owners
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Ulrike Hoho |
|
| Reeskens Simen |
|
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
1 other companyConnections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Deeds, filings and financial milestones
30-12
Gazette deed
Company renamed from REESKENS to RUSH“Loodgieterswerken in de ruimste zin; Reparatie,onderhoud en installatie van verwarmingsinstallaties…” (deed in Dutch)3 points ▸
- General meeting, 22-12-2025
- Name change, RUSH
- Power of attorney, DELTA Notarissen
- The deed holds 2 more points.
07-11
Gazette deed
Registered office moved within LanakenNew registered office: Heikantstraat 41 te 3620 Lanaken · Previous registered office: Kleine-Hofstraat 14 te 3620 Lanaken · Appointment: Ulrike Hoho (director)3 points ▸
- General meeting, 19-09-2022
- Director appointment, Ulrike Hoho
- Registered-office move, Heikantstraat 41 te 3620 Lanaken
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
112 activities
- Loodgieterswerken in de ruimste zin.
- Reparatie,onderhoud en installatie van verwarmingsinstallaties.
- Installatie van klimaatsystemen,koelsystemen en ventilatie.
- Installatie van sanitaire toestellen,waterleidingen,brandblusinstallaties en technische leidingsystemen.
- Installatie van gasleidingen en aansluitingen (met uitzondering van gasleidingen voor verwarmingssystemen).
- Isolatiewerken aan verwarmings- en koeltechnische leidingen.
- Algemene technische werkzaamheden,herstellingen en klusjesdienst.
- Algemene bouwwerken,renovaties en verbouwingen.
- Restauraties en afwerkingswerken (schilder-,vloer-,tegel- en pleisterwerken).
- Elektriciteitswerken.
- Sanitair- en HVAC-werken.
- Tuinaanleg en tuinonderhoud.
- Schrijnwerk,metaalconstructies en glaswerken.
- Interieurbouw.
- Plaatsing van keukens en badkamers.
- Installatie van zonnepanelen en andere energie-installaties.
- Uitvoeren van energie-audits en verstrekken van energieadvies.
- Exploitatie van schoonheidsinstituten en wellnessstudio’s.
- Esthetische behandelingen zonder geneeskunde.
- Manicure,pedicure en medische pedicure.
- Gelaats- en lichaamsverzorgingen.
- Massages en ontspanningstechnieken.
- Ontharing,inclusief laserontharing.
- Permanente make-up,make-up en visagie.
- Nagelstyling.
- Afslankbehandelingen,voedingsadvies en lifestylecoaching.
- Verkoop van cosmetica en verzorgingsproducten.
- Organisatie van opleidingen,workshops en bijscholingen.
- Groothandel en detailhandel in alle roerende goederen.
- Import en export van goederen.
- Exploitatie van webshops en e-commerceplatformen.
- Dropshipping en online marktplaatsen.
- Verkoop van cosmetica,kleding,accessoires en decoratie.
- Verkoop van elektronica.
- Verkoop van voedingswaren en dranken (waaronder wijnen).
- Handelsvertegenwoordiging en distributie.
- Administratieve diensten en secretariaatswerk.
- Callcenterdiensten.
- Boekhoudkundige ondersteuning (niet-gereglementeerde activiteiten).
- Facility management.
- Poets- en schoonmaakdiensten.
- Organisatie van evenementen.
- Catering en foodservices.
- Coaching en persoonlijke begeleiding.
- Verhuur van materialen,toestellen,machines en voertuigen.
- Exploitatie van een reclame- en communicatiebureau.
- Marketing- en communicatieadvies.
- Sociale media management.
- Contentcreatie.
- Grafisch ontwerp.
- Fotografie en videografie.
- Webdesign en webontwikkeling.
- Branding en merkadvies.
- Productie van drukwerk en promotiemateriaal.
- Ontwikkeling van software,apps en digitale platformen.
- IT-consultancy.
- Hosting- en clouddiensten.
- Onderhoud van IT-systemen.
- Data-analyse en AI-diensten.
- Verkoop van computers en IT-materiaal.
- Cybersecurityadvies.
- Exploitatie van restaurants,cafés,bars en horecazaken.
- Foodtrucks en catering.
- Exploitatie van hotels,B&B’s,vakantiehuizen en short-stay accommodaties.
- Organisatie van toeristische activiteiten en begeleide programma’s.
- Binnenlands transport.
- Internationaal transport.
- Koerierdiensten.
- Goederenopslag en magazijnactiviteiten.
- Logistieke dienstverlening en fulfillment.
- Handel en verhuur van motorvoertuigen.
- Exploitatie van sport- en fitnesscentra.
- Vastgoedbeheer voor derden.
- Bemiddeling bij verkoop of verhuur van goederen (voor zover geen beschermd beroep).
- Organisatie van opleidingen en academies.
- Consultancy inzake duurzaamheid en energie.
- Handel in grondstoffen.
- Verlenen van managementdiensten in de ruimste zin.
- Uitoefenen van bestuurdersmandaten.
- Strategisch en operationeel advies.
- Bedrijfsbegeleiding en coaching.
- Administratieve en HR-ondersteuning.
- Interim-management.
- Business development.
- Organisatieadvies en procesoptimalisatie.
- Projectmanagement.
- Financieel,marketing- en communicatieadvies.
- Public relations.
- Organisatie van opleidingen,trainingen en workshops.
- Opmaak van bedrijfsplannen.
- Consultancy in alle sectoren.
- Verwerving,beheer en verkoop van aandelen en deelnemingen.
- Participaties in Belgische en buitenlandse vennootschappen.
- Oprichting van of deelname in joint ventures en partnerships.
- Investeringen in start-ups,scale-ups,holdings en private equity (zonder publiek beroep op spaargelden).
- Beleggen in fondsen en financiële instrumenten.
- Verstrekken van leningen binnen de groep.
- Verstrekken van zekerheden en garanties.
- Treasury- en cashmanagementactiviteiten.
- Aankoop en verkoop van onroerend goed.
- Huur en verhuur,erfpacht,opstal en andere onroerende rechten.
- Vastgoedontwikkeling en bouwpromotie.
- Verbouwen,renoveren en restaureren.
- Projectontwikkeling.
- Exploitatie van woningen,studentenkamers,vakantieverblijven,B&B’s en short-stay accommodaties.
- Exploitatie van kantoren,handelspanden en industrieel vastgoed.
- Beheer van eigen of derde vastgoed.
- Property management.
- Handel in opbrengsteigendommen.
- Import en export van bouwmaterialen.
- Vastgoedadvies,studies,fotografie en promotie.
- Beheer van vastgoedvennootschappen.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0759.367.963
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73042D1220/00R000 | Flanders | 491 m² | 1 · 102 m² | 18.3 m · 3 |