RUTTEN
ActiveRUTTEN has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €292k and a net result of €4k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 86.66 against 77.81 in 2023; short-term debt: 1.1% and cash: 60.9% of total assets), and 1.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
59 d late
2022
67 d late
2021
31 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€292k▲ 1.3%
2023 · €288k
2018: €250k
2019: €203k
2020: €282k
2021: €282k
2022: €287k
2023: €288k
2018 → 2024
Total assets
€296k▲ 1.2%
2023 · €292k
2018: €272k
2019: €291k
2020: €421k
2021: €375k
2022: €337k
2023: €292k
2018 → 2024
Net result
€4k▲ 325%
2023 · €896
2018: €15k
2019: €3k
2020: €189k
2021: €155
2022: €5k
2023: €896
2018 → 2024
Working capital
€291k▲ 1.5%
2023 · €287k
2018: €149k
2019: €95k
2020: €284k
2021: €279k
2022: €285k
2023: €287k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€282k-€282k▲ 0.1%€287k▲ 1.8%€288k▲ 0.3%€292k▲ 1.3%
Operating result€279k-€2k▼ 99.1%€10k▲ 286%€10k▲ 2.0%€9k▼ 12.1%
Net result€189k-€155▼ 99.9%€5k▲ 3,140%€896▼ 82.2%€4k▲ 325%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €296k
Fixed assets
€1k▼ 32.5%
Current assets
€294k▲ 1.4%
Equity and liabilities €296k
Equity
€292k▲ 1.3%
Debt
€3k▼ 8.9%
The debt ratio falls from 1.3% to 1.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2023 · €15k
Cash flow
€4k▼
2023 · €6k
Solvency
98.9%▲
2023 · 98.7%
Current ratio
86.66▲
2023 · 77.81
Quick ratio
86.66▲
2023 · 77.81
Debt / equity
0.01▼
2023 · 0.01
ROE
1.3%▲
2023 · 0.3%
ROA
1.3%▲
2023 · 0.3%
Interest coverage
2.42▲
2023 · 2.05
Debt
€3k▼
2023 · €4k
Debt ≤ 1 year
€3k▼
2023 · €4k
Income taxes
€5k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€292k€296k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€290k€294k▲
Amounts receivable within one year40/41€42k€113k▲
Trade receivables40€3k€6k▲
Other amounts receivable41€39k€107k▲
Current investments50/53€11k-
Cash at bank and in hand54/58€236k€180k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€292k€296k▲
Equity10/15€288k€292k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€220k€224k▲
Non-distributable reserves130/1€10k€10k=
Legal reserve130€10k€10k=
Distributable reserves133€210k€214k▲
Profit (loss) carried forward14€6k€6k▲
Amounts payable17/49€4k€3k▼
Amounts payable within one year42/48€4k€3k▼
Trade debts44€635€476▼
Suppliers440/4€635€476▼
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€590▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€16k€10k▼
Operating profit (loss)9901€10k€9k▼
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€6k€9k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€896€4k▲
Profit (loss) for the period to be appropriated9905€896€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€10k▲
Profit (loss) brought forward from the previous period14P€6k€6k▲
Transfer to equity691/2-€4k
To other reserves6921-€4k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
28-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 59 days late
2023
31-12
Financial
Liquidity times 11current ratio 77.81
Current ratio from 7.28 to 77.81; short-term debt falls from €45k to €4k.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €155 ▼99.9%
Net result drops to €155, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €189k ▲7228%
Operating result €279k, net result €189k, both a record.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
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 2012
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.
07-12-2012
Guy Rutten: Resigned as Director
07-12-2012
Guy Rutten: Resigned as Managing director
07-12-2012
Jacques Berthet: Resigned as Director
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 1980
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.
Opaallaan 671030 SchaarbeekGround area
202 m²
Building footprint
69 m²
Volume, LiDAR
824 m³
Parcel 21905C0089/00X016, Brussels · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Opaallaan 67, 1030 Schaarbeek
since 19802.018.717.478
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0089/00X016 | Brussels | 202 m² | 1 · 69 m² | 18.5 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
875500V51CTSZY0V8H49
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Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 1,838 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-01-1980
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:cberthet@coserti.be
Phone:0476 41 75 38