RUST SERVICES
ActiveSummary
RUST SERVICES has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,290 and a net result of €16,790. Its solvency ranks better than 68% of 1,679 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
- Equity
- €19,290
- Profit
- €16,790
- BURTON Morgan Eric YolandeDirector
- Océane DEVLEMINCKDirector
Why 67raises riskFounded in 2025Size: total assets €31,016lowers riskLiquidity: current ratio 1.27, cash €4,189Equity €19,290 (62.2% of total assets)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 33, micro): better than 69% on solvency, 46% on liquidity and 90% on profitability.
The bankruptcy probability was computed on 24-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointments: BURTON Morgan Eric Yolande…
Financials · financial year 2025, micro format
2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00499888.
Turnover and EBIT margin not published: the micro format does not require them.
Peer companies
Historical observationOf the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 11,280 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €513 |
| Gross operating margin9900 | €21,740 |
| Operating profit (loss)9901 | €21,227 |
| Financial charges65/66B | €79 |
| Recurring financial charges65 | €79 |
| Profit (loss) for the period before taxes9903 | €21,148 |
| Income taxes67/77 | €4,357 |
| Profit (loss) for the period9904 | €16,790 |
| Profit (loss) for the period to be appropriated9905 | €16,790 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €31,016 | |
| Fixed assets21/28 | €17,301 | |
| Tangible fixed assets22/27 | €16,101 | |
| Plant, machinery and equipment23 | €9,686 | |
| Furniture and vehicles24 | €6,415 | |
| Financial fixed assets28 | €1,200 | |
| Current assets29/58 | €13,715 | |
| Amounts receivable within one year40/41 | €9,526 | |
| Trade receivables40 | €9,277 | |
| Other amounts receivable41 | €249 | |
| Cash at bank and in hand54/58 | €4,189 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €31,016 | |
| Equity10/15 | €19,290 | |
| Contributions10/11 | €2,500 | |
| Profit (loss) carried forward14 | €16,790 | |
| Amounts payable17/49 | €11,726 | |
| Amounts payable within one year42/48 | €10,766 | |
| Trade debts44 | €650 | |
| Suppliers440/4 | €650 | |
| Taxes, remuneration and social security45 | €4,629 | |
| Taxes450/3 | €4,629 | |
| Other amounts payable47/48 | €5,487 | |
| Accrued charges and deferred income492/3 | €960 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €16,790 |
| + Depreciation and write-downs630 | €513 |
| Operating cash flow (approximation) | €17,303 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00499888 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BURTON Morgan Eric Yolande |
|
| Océane DEVLEMINCK |
|
Owners and capital
Capital and shareholders
- BURTON Morgan Eric Yolande €2,500
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 26-06-2025 Incorporation · €2,500
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
26-06
Gazette deed
IncorporationAppointments: BURTON Morgan Eric Yolande (director) and Océane DEVLEMINCK (administrateur suppléante) · Founder · Registered office clause13 facts ▸
- Founder, BURTON Morgan Eric Yolande
- Incorporation, 24-06-2025
- Registered office clause, “Région bruxelloise, sera établi” (deed in French)
- Founding capital, €2,500
- Bank account, “Société en formation”, 2500 (deed in French)
- Other provision, “plan financier et suffisance de l'apport, dûment avisé de la responsabilité de fondateur” (deed in French)
- Share issue, “même classe”, 100 (deed in French)
- Registered office clause, “1080 Bruxelles, rue de la Colonne, 1a” (deed in French)
- Other provision, “information interdictions légales, notaire attiré attention comparant” (deed in French)
- Other provision, “absence interdiction, non frappé mesure interdiction temporaire ou définitive” (deed in French)
- Director appointment, BURTON Morgan Eric Yolande (director)
- Director appointment, Océane DEVLEMINCK (administrateur suppléante)
- +1 further fact in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1024.649.107
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92322E0474/00D000 | Wallonia | 1.9 ha | 1 · 3,220 m² | 8.7 m · 2 |
| 21522B0621/00K000 | Brussels | 93 m² | 1 · 86 m² | 17.3 m · 5 |
How the parcels are linked
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- RUST SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-capitale, pour autant que ce déplacement n’entraine pas de modification du régime linguistique” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “[…] POUVOIRS L’administration peut accomplir tous les actes nécessaires ou utiles à l'accomplissement de l'objet de la Société, sauf ceux…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- “Les administrateurs” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale dissoudre conditions loi, sollicite s’il y a lieu président tribunal compétent” (deed in French)