RUSSO
ActiveRUSSO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €7k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 81% of 4554 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▲+97
Solvency94▼-6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 5.24 in 2024), and 32% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68%
Return on assets
13.1%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d late
2022
1 d early
2021
9 d late
2020
5 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▼ 13.8%
2024 · €40k
2019: €24k
2020: €21k
2021: €42k
2022: €43k
2023: €43k
2024: €40k
2019 → 2025
Total assets
€51k▲ 11.0%
2024 · €46k
2019: €37k
2020: €46k
2021: €73k
2022: €62k
2023: €61k
2024: €46k
2019 → 2025
Net result
€7k
2024 · €-3k
2019: €-13k
2020: €-2k
2021: €20k
2022: €986
2023: €6k
2024: €-3k
2019 → 2025
Working capital
€12k▼ 52.4%
2024 · €24k
2019: €12k
2020: €10k
2021: €20k
2022: €22k
2023: €25k
2024: €24k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€43k▲ 2.4%€43k=€40k▼ 6.1%€35k▼ 13.8%
Operating result€23k-€2k▼ 93.4%€7k▲ 352%€-2k€10k
Net result€20k-€986▼ 95.2%€6k▲ 549%€-3k€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€23k▲ 45.3%
Current assets
€28k▼ 7.1%
Equity and liabilities €51k
Equity
€35k▼ 13.8%
Debt
€16k▲ 185%
The debt ratio rises from 12.5% to 32.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€15k▲
2024 · €3k
Cash flow
€12k▲
2024 · €3k
Solvency
68.0%▼
2024 · 87.5%
Current ratio
1.71▼
2024 · 5.24
Quick ratio
1.71▼
2024 · 5.24
Debt / equity
0.47▲
2024 · 0.14
ROE
19.3%▲
2024 · -6.5%
ROA
13.1%▲
2024 · -5.7%
Interest coverage
54.95▲
2024 · 11.11
Debt
€16k▲
2024 · €6k
Debt ≤ 1 year
€16k▲
2024 · €6k
Income taxes
€3k▲
2024 · €324
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€46k€51k▲
Fixed assets21/28€16k€23k▲
Tangible fixed assets22/27€16k€23k▲
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€7k€9k▲
Other tangible fixed assets26€8k€12k▲
Financial fixed assets28€50€50=
Current assets29/58€30k€28k▼
Amounts receivable within one year40/41€15k€10k▼
Trade receivables40€12k€5k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€14k€16k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€46k€51k▲
Equity10/15€40k€35k▼
Contributions10/11€12k€12k=
Reserves13€22k€22k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€6k-
Amounts payable17/49€6k€16k▲
Amounts payable within one year42/48€6k€16k▲
Current portion of amounts payable after more than one year42€2k€2k▼
Trade debts44€985€1k▲
Suppliers440/4€985€1k▲
Taxes, remuneration and social security45-€364
Taxes450/3-€364
Other amounts payable47/48€2k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€5k€17k▲
Operating profit (loss)9901€-2k€10k▲
Financial income75/76B€0€154▲
Recurring financial income75€0€154▲
Financial charges65/66B€287€280▼
Recurring financial charges65€287€280▼
Profit (loss) for the period before taxes9903€-2k€10k▲
Income taxes67/77€324€3k▲
Profit (loss) for the period9904€-3k€7k▲
Profit (loss) for the period to be appropriated9905€-3k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€12k▲
Profit (loss) brought forward from the previous period14P€8k€6k▼
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (8 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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 5.24
Current ratio from 2.36 to 5.24; short-term debt falls from €18k to €6k.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-06
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
06-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-02-2026
Resigned as Manager
Location & real-estate footprint
Registered office, Fleurus · 1 establishment unit since 2016
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.
Chaussée de Charleroi(FL) 2336220 FleurusGround area
183 m²
Building footprint
54 m²
Volume, LiDAR
528 m³
Parcel 52021D0701/00G000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FEMINA FORME
since 20162.258.070.918
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52021D0701/00G000 | Wallonia | 183 m² | 1 · 54 m² | 11.2 m · 3 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.
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Of 6,690 companies in sector 96230 we hold annual accounts for 616. 472 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-1997
Fiscal year end30-06
Activities, NACEBEL
93040
96040Personal service activities
96230Day spas, saunas and steam baths
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.