RUSO
ActiveRUSO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554k and a net result of €-50k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 64% of 13159 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-23
Solvency71▼-11
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.02 against 1.33 in 2024; short-term debt: 24.5% and cash: 0.3% of total assets), and 53.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
26 d late
2023
75 d late
2022
70 d early
2021
34 d early
2020
5 d early
2019
31 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€554k▼ 8.3%
2024 · €604k
2018: €652k
2019: €649k
2020: €639k
2021: €619k
2022: €621k
2023: €599k
2024: €604k
2018 → 2025
Total assets
€1.20M▲ 14.2%
2024 · €1.05M
2018: €852k
2019: €820k
2020: €820k
2021: €908k
2022: €1.16M
2023: €1.09M
2024: €1.05M
2018 → 2025
Net result
€-50k
2024 · €5k
2018: €-25k
2019: €-4k
2020: €-9k
2021: €-21k
2022: €2k
2023: €-22k
2024: €5k
2018 → 2025
Working capital
€-289k
2024 · €18k
2018: €290k
2019: €293k
2020: €280k
2021: €188k
2022: €55k
2023: €12k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€619k-€621k▲ 0.4%€599k▼ 3.6%€604k▲ 0.9%€554k▼ 8.3%
Operating result€-18k-€8k€-6k€21k€-27k
Net result€-21k-€2k€-22k€5k€-50k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.20M
Fixed assets
€1.20M▲ 22.0%
Current assets
€6k▼ 91.1%
Equity and liabilities €1.20M
Equity
€554k▼ 8.3%
Debt
€648k▲ 44.5%
The debt ratio rises from 42.6% to 53.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▼
2024 · €61k
Cash flow
€18k▼
2024 · €45k
Solvency
46.1%▼
2024 · 57.4%
Current ratio
0.02▼
2024 · 1.33
Quick ratio
0.02▼
2024 · 1.33
Debt / equity
1.17▲
2024 · 0.74
ROE
-9.0%▼
2024 · 0.9%
ROA
-4.2%▼
2024 · 0.5%
Interest coverage
1.80▼
2024 · 3.87
Debt
€648k▲
2024 · €449k
Debt ≤ 1 year
€295k▲
2024 · €55k
Debt > 1 year
€353k▼
2024 · €394k
Income taxes
€219
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.05M€1.20M▲
Fixed assets21/28€980k€1.20M▲
Tangible fixed assets22/27€980k€1.20M▲
Land and buildings22€951k€1.18M▲
Furniture and vehicles24€29k€19k▼
Current assets29/58€73k€6k▼
Amounts receivable within one year40/41€52k€2k▼
Trade receivables40€27k€1k▼
Other amounts receivable41€25k€371▼
Cash at bank and in hand54/58€13k€4k▼
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.20M▲
Equity10/15€604k€554k▼
Contributions10/11€6k€6k=
Reserves13€37k€37k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14€561k€511k▼
Amounts payable17/49€449k€648k▲
Amounts payable after more than one year17€394k€353k▼
Financial debts170/4€394k€353k▼
Amounts payable within one year42/48€55k€295k▲
Current portion of amounts payable after more than one year42€39k€41k▲
Financial debts43-€237k
Credit institutions430/8-€237k
Trade debts44€1k€790▼
Suppliers440/4€1k€790▼
Taxes, remuneration and social security45-€219
Taxes450/3-€219
Other amounts payable47/48€15k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€68k▲
Other operating charges640/8€4k€10k▲
Gross operating margin9900€64k€52k▼
Operating profit (loss)9901€21k€-27k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€16k€23k▲
Recurring financial charges65€16k€23k▲
Profit (loss) for the period before taxes9903€5k€-50k▼
Income taxes67/77-€219
Profit (loss) for the period9904€5k€-50k▼
Profit (loss) for the period to be appropriated9905€5k€-50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€561k€511k▼
Profit (loss) brought forward from the previous period14P€556k€561k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Weakest financial yearnet €-50k ▼1050%
Net result drops to €-50k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 4 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zoutleeuw · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Groenstraat 2A3440 ZoutleeuwGround area
971 m²
Building footprint
176 m²
Volume, LiDAR
969 m³
Parcel 24017D0170/00W002, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RUSO
since 20142.231.938.920
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24017D0170/00W002 | Flanders | 971 m² | 1 · 176 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Nanel
BE 0604.991.671
Lokeren · Eq €553k
eat
BE 0455.216.446
Jette · Eq €556k
4 A D
BE 0433.573.370
Diksmuide · Eq €551k
MERTENS-MATHY
BE 0424.231.181
Theux · Eq €551k
MONTMARTRE
BE 0452.819.556
Geel · Eq €559k
Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 1,881 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-07-1992
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.