Lower net result than 88% of companies in specialised construction. Sector median €9,999 · 37,159 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Foreign entity”. Checked does not compute a bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. Without a bankruptcy probability, the company's Checked score rests on these figures.
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Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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The scores and ratios are Checked's own calculations, not a credit decision.
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Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0883555281
Registered office moved from Oudenaarde - Heurnestraat to Oudenaarde
New registered office: Broekstraat 90 bus 202, 9700 Oudenaarde · Previous registered office: 9700 OUDENAARDE - HEURNESTRAAT 52 B · General meeting of 30-09-2017 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as RUSTIEK LTD: demolition (NACE 43110). They are comparable in size and age: total assets between €11,500 and €30,200, founded between 1991 and 2013.
RUSTIEK LTD has the legal form “Foreign entity” in the KBO. Checked does not compute a bankruptcy probability for it. The annual accounts of RUSTIEK LTD for financial year 2025 show a net loss of 116% of total assets and of 63% of the equity at the start of that year.
The 2025 annual accounts show equity of €6,240 and a net result of -€10,700. Equity has been shrinking by about 33% per year since 2023. If that trend continues, it turns negative around financial year 2027.
Its solvency ranks better than 73% of 37,177 sector peers (NACE 43, financial year 2025). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.