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Rustam

Active Private limited companyfounded 2012active for 14 yearsLeuvensebaan 71, 3110 RotselaarKBO/BCE: BE 0846.676.574
Rustam
Financial year 2025
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Annual accounts 2025

micro format, filed on 30-06-2026, 31 days before the deadline
€220,165
▲ 7.3%
€84,050
▼ 31.8%
€41,522
▼ 51.5%
-€155,932
▼ €202,690
54.8%
▼ 10.7 percentage points
0.08
▼ 2.72

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €410,000. Estimated: probably between €310,000 and €810,000.

Balance sheet

balance sheet total €1.5m on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

54.8%

Higher than 51% of 8,617 companies in 2025.

0.08

Lower than 95% of 8,293 companies in 2025.

2.7%

Higher than 33% of 8,402 companies in 2025.

Rustam Middle half of the sector 80% of the sector Micro accounts in advertising and market research (NACE 73)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend2025202420232022202120202019201820172016201520142013
Balance sheet: assets
20/58 1.5m1.2m961,684966,6341.2m1.0m920,091818,031703,389740,759632,422574,355523,791
21/28 1.5m1.1m956,514956,1771.1m904,231914,883815,301701,070740,667617,196543,065500,680
22/27 1.5m1.1m956,434956,0971.1m904,151914,802815,220700,989740,586617,116542,984500,600
22 1.5m1.1m951,035948,581872,731901,881912,386810,303693,573730,669610,699535,465491,836
23 ---0228,289--------
24 1,4423,4205,3987,5169,852853-1,5003,0004,500-102347
26 ---04171,4172,4173,4174,4175,4176,4177,4178,417
28 81818181818181818181818181
29/58 12,89972,7835,16910,45640,919119,4685,2082,7302,3199315,22631,29123,110
40/41 063,491-034,125114,781-2,234--10,8903,175247
40 063,491--0114,781----10,8903,175-
41 ---034,125--2,234----247
54/58 8,8506,7202,9736,9144,3264,1604,8431452,267934,33628,11622,863
490/1 4,0482,5712,1963,5422,46952736435152----
Balance sheet: equity and liabilities
10/49 1.5m1.2m961,684966,6341.2m1.0m920,091818,031703,389740,759632,422574,355523,791
10/15 830,336788,813703,226604,693500,445400,919302,167230,036163,254149,905144,193141,125135,762
10/11 143,600143,600143,600143,600143,600143,600143,600143,600131,200131,200131,200131,200131,200
100 ------143,600143,600143,600143,600143,600143,600143,600
101 --------12,40012,40012,40012,40012,400
13 686,736645,213559,626461,093356,845257,319158,56786,43632,05418,70512,9939,9254,562
130/1 --04,3944,3944,394-------
130 ------4,3944,3941,603935650496228
1311 --04,3944,3944,394-------
133 686,736645,213559,626456,699352,451252,925154,17482,04230,45217,77012,3439,4294,333
17/49 684,802415,571258,458361,940651,843622,781617,923587,995540,135590,854488,229433,230388,029
17 515,874389,546229,835224,503490,295468,628432,649413,458376,412417,222384,691409,871349,488
170/4 --0166,244181,200195,854210,210224,263238,232250,566262,521274,084222,082
178/9 515,874389,546229,83558,258309,094272,775222,439189,195138,180166,656122,170135,787127,406
42/48 168,83126,02528,623132,992153,281147,219179,505165,424158,266167,22197,50115,38430,901
42 --0104,956114,653124,356134,053143,781152,33411,95411,56311,2308,526
44 139,6011,25911,1487,08425,91071937,71114,823303152,06878,32457515,930
440/4 139,6011,25911,1487,08425,91071937,71114,823303152,06878,32457515,930
45 29,23024,76617,47519,40311,16720,5945,6235,3805,6293,1997,6143,5786,445
450/3 29,23024,76617,47519,40311,16720,5945,6235,3805,6293,1995,8141,7784,645
454/9 ----------1,8001,8001,800
47/48 --01,5501,5501,5502,1181,440-----
492/3 98-04,4458,2686,9335,7699,1135,4576,4106,0387,9757,640
Income statement
76A -062011,711---------
9900 220,165205,116182,737198,427180,913176,541149,926140,14776,60772,52456,51949,77750,040
630 45,33133,86932,31338,28932,42729,80730,79345,74739,59645,88026,56722,61632,690
640/8 90,78448,03310,94615,5523,3834,85815,2134,7472,3281,7299,6054,4761,927
9901 84,050123,214139,478144,585145,103141,877103,92089,65334,68224,91520,34722,68515,423
75/76B 00-00-54-12314131,040
75 00-00-54-12314131,040
65/66B 32,04115,25914,14512,22518,15716,73215,51619,06616,39317,73917,09716,91811,902
65 32,04115,25914,14512,22518,15716,73215,51619,06616,39317,73917,09716,91811,902
9903 52,009107,955125,332132,360126,946125,14488,45870,58718,3017,1793,2645,7794,562
67/77 10,48622,36826,80028,11127,42026,39315,51414,7664,9521,467196415-
9904 41,52285,58798,533104,24899,52698,75272,94355,82113,3495,7123,0675,3644,562
9905 41,52285,58798,533104,24899,52698,75272,94355,82113,3495,7123,0675,3644,562
Appropriation of the result
9906 41,52285,58798,533104,24899,52698,75272,94355,82113,3495,7123,0675,3644,562
791/2 -------640-----
691/2 41,52285,58798,533104,24899,52698,75272,13155,02113,3495,7123,0675,3644,562
6920 -------2,791667286153268228
6921 41,52285,58798,533104,24899,52698,75272,13152,23012,6825,4272,9145,0964,333
694/7 ------8121,440-----
694 ------8121,440-----
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The notes to these accounts have 11 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 30-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00232235 PDF
31-12-2024 micro format 24-06-2025 2025-00168468 PDF
31-12-2023 micro format 12-07-2024 2024-00240308 PDF
31-12-2022 micro format 12-07-2023 2023-00231250 PDF
31-12-2021 micro format 29-06-2022 2022-20111190 PDF
31-12-2020 micro format 21-06-2021 2021-22400077 PDF
31-12-2019 abbreviated format 31-08-2020 2020-47800469 PDF
31-12-2018 abbreviated format 28-06-2019 2019-23900473 PDF
31-12-2017 abbreviated format 12-07-2018 2018-32000353 PDF
31-12-2016 abbreviated format 04-07-2017 2017-27300076 PDF
31-12-2015 abbreviated format 24-06-2016 2016-21800177 PDF
31-12-2014 abbreviated format 29-06-2015 2015-23800185 PDF
31-12-2013 abbreviated format 01-07-2014 2014-23700195 PDF

Subsidies and aid

Flemish government 2025, 1 entry, €1,791 awarded, €1,791 paid

Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
€1,791

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend2025202420232022202120202019201820172016201520142013
129,381157,083171,790182,874177,530171,684134,712135,40074,27970,79446,91445,30148,113
86,853119,457130,845142,538131,953128,559103,736101,56852,94551,59229,63427,98037,251
415,968208,95732,650111,386239,56519,156130,375159,9780169,350135,09965,000533,370
2,1303,747-3,9402,588166-6834,699-2,1222,174-4,244-23,7805,253-
-155,93246,758-23,453-122,536-112,361-27,751-174,298-162,694-155,947-167,129-82,27515,907-7,791
54.8%65.5%73.1%62.6%43.4%39.2%32.8%28.1%23.2%20.2%22.8%24.6%25.9%
0.082.800.180.080.270.810.030.020.010.000.162.030.75
0.820.530.370.601.301.552.042.563.313.943.393.072.86
5.0%10.9%14.0%17.2%19.9%24.6%24.1%24.3%8.2%3.8%2.1%3.8%3.4%
2.7%7.1%10.2%10.8%8.6%9.6%7.9%6.8%1.9%0.8%0.5%0.9%0.9%
4.0410.2912.1414.969.78--------

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
Item20252024202320222021
Tangible fixed assets€415,968€208,957€32,650€111,386€239,565
Financial fixed assets€0----
€45,331€33,869€32,313€38,289€32,427

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on Rustam

The operating result for 2025 is 32% lower than in 2024 and the lowest since 2017. It is the fourth fall in a row.

Debt's share of the balance-sheet total rises from 34.5% to 45.2%. Equity and debt are higher.

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