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RUSSO

Active
Public limited companyfounded 1994active for 32 yearsTaxandriastraat 33-35, 2170 Antwerpen, BelgiumKBO/BCE: BE 0453.001.480
Summary

RUSSO has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €1.4m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 821 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Coating of metals
NACE 25510
1 site
Size
€2.6mtotal assets 2025
Staff
6.8 FTE
Equity
€1.9m
Profit
€1.4m
Net result +208%: other schema
Financial health
99 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Parent
Buijsse International
Accounts filed 25 days late2 of 15 deeds read
Why 99raises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 3.54, cash €665,938Size: total assets €2.6mFigures for financial year 2025 (filed 25-08-2026)Show the evidence

Checked score

Score 2025
99 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 92% of its sector peers (NACE 25, small)
Financial strength · tick = 2024
Strong
Solvency 98+29
equity 73.1% of total assets
Liquidity 71+2
short-term debt 26.0% · cash 25.2%
Profitability 100=
return on assets 52.4%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (746 companies, NACE 25, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.7 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 1.0%▲ +0.8 percentage points vs 11-2025highest value 01-2026: 0.2%▼ -0.8 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: < 0.1%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.54, compared with 1.77 in 2024; short-term debt: 26% and cash: 25.2% of total assets), and 26.9% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, small): better than 85% on solvency, 86% on liquidity, 99% on profitability and 99% on growth.

The bankruptcy probability was computed on 09-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 3.54, cash €665,938
NBB · annual accounts
lowers risk · Size: total assets €2.6m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 25-08-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1920212122232425
2019 to 2025 · latest year €1.9m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
16 days early
2023
26 days late
2022
3 days early
2021
3 days early
2021
2 days early
2020
29 days 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 on the deadline day; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: Gianna Russo BV (director) and…Appointments: Eddy Russo comm V…
  3. Highest result from 2019 to 2025net €1.4m ▲208%

Key points

  • Positive: Result rose in 2025different schema filed ▲ 208% View
  • Positive: Among the best 11% on net resultsector median €80,604 · 821 companies €1.4m View
  • Controlled by Buijsse International parent View
  • New directorslatest change 28-01-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Profit
€1.4m
Solvency
73.1%
Total assets▲ 114%
Net result
20192025
Go to Financials

Board & ownership

Board
2 members
Parent
Buijsse International
  • EDDY RUSSOManaging director
  • GIANNA RUSSOManaging director
Go to Board & ownership

Timeline

Events
38
Since
1996
Next accounts
by 31-07-2027
  1. 31-12-2025Equity above €1m
  2. 10-11-2025Registered office · Resignations & appointments
  3. 15-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Coating of metalsNACE 25510
Founded
28-06-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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