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Rush Hour

Active
Private limited companyfounded 2024active for 1 yearRozenstraat 4, 1000 Brussels, BelgiumKBO/BCE: BE 1016.502.986

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488326.

Annual accounts 2025 filed on 31-08-2026 at the NBB all 2 filings

Equity
€27,059▼ 9.8%
2024 · €29,996
Total assets
€308,160▲ 927%
2024 · €29,996
Net result
-€2,937▼ 73,324%
2024 · -€4
Working capital
€67,059
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€1,329
2025
20242025
Net result
-€2,937
▼ 73,324% 2025
middle half of the sector
20242025
Equity
€27,059
▼ 9.8% 2025
middle half of the sector
20242025
Total assets
€308,160
▲ 927% 2025
middle half of the sector
20242025
Debt
€281,101
2025
20242025
Working capital
€67,059
2025
middle half of the sector
20242025
Solvency
8.8%
▼ 91.2pp 2025
middle half of the sector
20242025
Current ratio
1.28
2025
middle half of the sector
20242025
Return on assets (ROA)
-1.0%
▼ 0.9pp 2025
middle half of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€0--€1,329
Net result-€4within the sector's middle half--€2,937within the sector's middle half▼ 73,324%
Equity€29,996below the sector's middle half-€27,059within the sector's middle half▼ 9.8%
Total assets€29,996below the sector's middle half-€308,160within the sector's middle half▲ 927%
Debt€281,101
Working capital€67,059within the sector's middle half
Solvency100.0%above the sector's middle half-8.8%within the sector's middle half▼ 91.2pp
Current ratio1.28within the sector's middle half
Return on assets (ROA)0.0%within the sector's middle half--1.0%within the sector's middle half▼ 0.9pp
above within below The sector band is the middle half of the companies in Motion picture, video and television programme production, sound recording and music publishing activities (NACE 59). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €1,329, after a result of zero in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them.

Balance-sheet composition
Equity and liabilities €308,160
Equity €27,059
Debt €281,101
Debt's share of the balance-sheet total is 91.2%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
10.39
ROE
-10.9%▼
2024 · 0.0%
Debt ≤ 1 year
€241,101
Income taxes
€1,443
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,996€308,160▲
Current assets29/58€29,996€308,160▲
Amounts receivable within one year40/41-€234,265
Trade receivables40-€234,091
Other amounts receivable41-€174
Cash at bank and in hand54/58€29,996€73,895▲
Equity and liabilities
Total equity and liabilities10/49€29,996€308,160▲
Equity10/15€29,996€27,059▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€4-€2,941▼
Amounts payable17/49-€281,101
Amounts payable within one year42/48-€241,101
Trade debts44-€205,762
Suppliers440/4-€205,762
Taxes, remuneration and social security45-€21,709
Taxes450/3-€21,709
Other amounts payable47/48-€13,630
Accrued charges and deferred income492/3-€40,000
Income statement Code20242025
Other operating charges640/8-€808
Gross operating margin9900€0-€521▼
Operating profit (loss)9901€0-€1,329▼
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€4€179▲
Recurring financial charges65€4€179▲
Profit (loss) for the period before taxes9903-€4-€1,494▼
Income taxes67/77-€1,443
Profit (loss) for the period9904-€4-€2,937▼
Profit (loss) for the period to be appropriated9905-€4-€2,937▼
Appropriation of the result
Profit (loss) to be appropriated9906-€4-€2,941▼
Profit (loss) brought forward from the previous period14P--€4

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 31-08-2026.

Line20242025Change
Other operating charges640/8-€808-
Gross operating margin9900€0-€521-
Operating profit (loss)9901€0-€1,329-
Financial income75/76B-€15-
Recurring financial income75-€15-
Financial charges65/66B€4€179▲ 45×
Recurring financial charges65€4€179▲ 45×
Profit (loss) for the period before taxes9903-€4-€1,494▼ 37,238%
Income taxes67/77-€1,443-
Profit (loss) for the period9904-€4-€2,937▼ 73,324%
Profit (loss) for the period to be appropriated9905-€4-€2,937▼ 73,324%
Line20242025Change
Assets
Total assets20/58€29,996€308,160▲ 927%
Current assets29/58€29,996€308,160▲ 927%
Amounts receivable within one year40/41-€234,265-
Trade receivables40-€234,091-
Other amounts receivable41-€174-
Cash at bank and in hand54/58€29,996€73,895▲ 146%
Equity and liabilities
Total equity and liabilities10/49€29,996€308,160▲ 927%
Equity10/15€29,996€27,059▼ 9.8%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€4-€2,941▼ 73,424%
Amounts payable17/49-€281,101-
Amounts payable within one year42/48-€241,101-
Trade debts44-€205,762-
Suppliers440/4-€205,762-
Taxes, remuneration and social security45-€21,709-
Taxes450/3-€21,709-
Other amounts payable47/48-€13,630-
Accrued charges and deferred income492/3-€40,000-
Line20242025Change
Profit (loss) for the period9904-€4-€2,937▼ 73,324%
Operating cash flow (approximation)-€4-€2,937▼ 73,324%
Change in cash-€43,899-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 280 companies had the same profile as Rush Hour has now. Two years later, 95.7% were still going and 1.1% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
95.7% was still going
3.2% stopped otherwise
1.1% went bankrupt

That fits the bankruptcy probability of Rush Hour itself: 0.6% 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.

The companies in ten equal groups, from the lowest to the 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% 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 280 companies, not a prediction for Rush Hour. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 31-08-2026 2026-00488326 PDF
31-12-2024 abbreviated format 17-07-2025 2025-00280837 PDF

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