Ruslan Construct
Annual accounts 2025
micro format, filed on 06-11-2026, 98 days lateMoney flows
of every €100 of turnover, €0.87 remains as profit in 2025Balance sheet
balance sheet total €557,559 on 31-12-2025in euro
in euro
Position in the sector
39.4%
Higher than 46% of 10,159 companies in 2025.
2.25
Higher than 63% of 9,870 companies in 2025.
1.5%
Higher than 33% of 9,958 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
557,559 | 763,918 | 348,373 | 156,319 | 102,176 | 27,152 | |
21/28 |
200 | 1,937 | 14,327 | 27,350 | 34,785 | 1,467 | |
22/27 |
- | 1,737 | 14,127 | 27,150 | 34,585 | 1,267 | |
24 |
- | - | - | 633 | 633 | 1,267 | |
25 |
- | 1,737 | 14,127 | 26,517 | 33,951 | - | |
28 |
200 | 200 | 200 | 200 | 200 | 200 | |
29/58 |
557,359 | 761,981 | 334,046 | 128,969 | 67,391 | 25,685 | |
29 |
14,500 | - | - | - | - | - | |
291 |
14,500 | - | - | - | - | - | |
3 |
9,583 | - | - | - | - | - | |
30/36 |
9,583 | - | - | - | - | - | |
40/41 |
524,922 | 644,283 | 331,760 | 122,087 | 67,205 | 25,239 | |
40 |
459,426 | 488,714 | 173,509 | 50,963 | 11,077 | 17,944 | |
41 |
65,496 | 155,569 | 158,251 | 71,124 | 56,128 | 7,295 | |
54/58 |
8,354 | 18,798 | 2,286 | 6,881 | 23 | 447 | |
490/1 |
- | 98,900 | - | - | 162 | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
557,559 | 763,918 | 348,373 | 156,319 | 102,176 | 27,152 | |
10/15 |
219,642 | 211,415 | 205,807 | 87,354 | 36,737 | 7,725 | |
10/11 |
50 | 50 | 50 | 50 | 50 | 50 | |
11 |
- | - | - | - | - | 50 | |
1109/19 |
- | - | - | - | - | 50 | |
14 |
219,592 | 211,365 | 205,757 | 87,304 | 36,687 | 7,675 | |
17/49 |
337,917 | 552,503 | 142,565 | 68,965 | 65,439 | 19,426 | |
17 |
90,220 | 31,569 | 13,346 | 20,117 | 26,888 | - | |
170/4 |
90,220 | 31,569 | 13,346 | 20,117 | 26,888 | - | |
42/48 |
247,697 | 520,934 | 129,219 | 48,848 | 38,550 | 19,426 | |
42 |
46,439 | 13,414 | 5,208 | 5,251 | 5,612 | - | |
43 |
- | 9,123 | - | - | - | - | |
430/8 |
- | 9,123 | - | - | - | - | |
44 |
196,817 | 466,494 | 96,549 | 3,978 | 4,731 | 5,975 | |
440/4 |
13,422 | 107,880 | 96,549 | 3,978 | 4,731 | 5,975 | |
441 |
183,396 | 358,613 | - | - | - | - | |
45 |
4,441 | 4,903 | 462 | 12,619 | 1,208 | 552 | |
450/3 |
4,441 | 4,903 | 462 | 12,619 | 1,208 | 552 | |
47/48 |
- | 27,000 | 27,000 | 27,000 | 27,000 | 12,899 | |
| Income statement | |||||||
70 |
946,067 | 878,820 | - | 595,911 | 174,977 | - | |
76A |
- | - | 750,497 | - | - | - | |
9900 |
50,072 | 29,719 | 136,692 | 74,041 | 52,769 | 19,505 | |
60/61 |
895,995 | 849,101 | 613,805 | 529,305 | 122,208 | - | |
62 |
1,435 | 2,003 | 1,837 | 2,767 | - | - | |
630 |
1,737 | 12,390 | 13,023 | 7,435 | 3,855 | 633 | |
631/4 |
- | - | - | 7,435 | - | - | |
640/8 |
1,133 | 1,135 | 5,332 | 5,661 | 2,251 | 982 | |
9901 |
45,766 | 14,192 | 116,500 | 50,744 | 46,664 | 17,890 | |
75/76B |
- | - | 3,434 | 1,018 | 40 | - | |
75 |
- | - | 3,434 | 1,018 | 40 | - | |
65/66B |
5,927 | 2,643 | 503 | 1,146 | 692 | 215 | |
65 |
5,927 | 2,643 | 503 | 1,146 | 692 | 215 | |
9903 |
39,839 | 11,549 | 119,430 | 50,617 | 46,012 | 17,675 | |
67/77 |
31,612 | 5,941 | 976 | - | - | - | |
9904 |
8,227 | 5,608 | 118,454 | 50,617 | 46,012 | 17,675 | |
9905 |
8,227 | 5,608 | 118,454 | 50,617 | 46,012 | 17,675 | |
| Appropriation of the result | |||||||
9906 |
219,592 | 211,365 | 205,757 | 87,304 | 53,687 | 17,675 | |
14P |
211,365 | 205,757 | 87,304 | 36,687 | 7,675 | - | |
694/7 |
- | - | - | - | 17,000 | 10,000 | |
695 |
- | - | - | - | 17,000 | 10,000 | |
| Document | |||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 06-11-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 98 days after the deadline. Filed on 6 November 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00603020.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 06-11-2026 | 2026-00603020 | |
| 31-12-2024 | micro format | 16-10-2025 | 2025-00543766 | |
| 31-12-2023 | micro format | 30-04-2025 | 2025-00084593 | |
| 31-12-2022 | micro format | 26-12-2023 | 2023-00539033 | |
| 31-12-2021 | micro format | 22-09-2022 | 2022-20434713 | |
| 31-12-2020 | micro format | 12-06-2021 | 2021-19500272 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 47,504 | 26,581 | 129,523 | 58,179 | 50,518 | 18,523 | ||
| 9,964 | 17,998 | 131,477 | 58,051 | 49,866 | 18,309 | ||
| 0 | 0 | 0 | 0 | 37,173 | 2,100 | ||
| -10,444 | 16,512 | -4,596 | 6,858 | -423 | - | ||
| 309,662 | 241,047 | 204,826 | 80,121 | 28,841 | 6,259 | ||
| 4.8% | 1.6% | - | 8.5% | 26.7% | - | ||
| 39.4% | 27.7% | 59.1% | 55.9% | 36.0% | 28.5% | ||
| 2.25 | 1.46 | 2.59 | 2.64 | 1.75 | 1.32 | ||
| 2.21 | 1.46 | 2.59 | 2.64 | 1.75 | 1.32 | ||
| 1.54 | 2.61 | 0.69 | 0.79 | 1.78 | 2.51 | ||
| 3.7% | 2.7% | 57.6% | 57.9% | 125.2% | 228.8% | ||
| 1.5% | 0.7% | 34.0% | 32.4% | 45.0% | 65.1% | ||
| 8.01 | 10.06 | over 100 | 50.77 | 72.96 | - | ||
| 177 days | 203 days | - | 31 days | 23 days | - | ||
| 80 days | 201 days | 57 days | 3 days | 14 days | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €37,173 |
| €1,737 | €12,390 | €13,023 | €7,435 | €3,855 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on Ruslan Construct
The operating result for 2025 is over 3.2 times that of 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total falls from 72.3% to 60.6%. Equity is higher and debt is lower.
- 2024 Net result -95% on 2023. The 2023 profit included a one-off income of €750,497.