Private limited company · founded 1976 · 50 yrs activeScharestraat 28, 8020 Oostkamp, BelgiumKBO/BCE: BE 0416.327.661
Summary
RUVA has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €260,358 and a net result of €8,574. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 93% of 1764 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability82▲+1
Solvency100=
Growth63▼-2
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.1%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 8.92 against 4.01 in 2024; short-term debt: 5.1% and cash: 2.2% of total assets), and 9.9% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
○
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 April (5 of the last 5 filed years within 30 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 3 September 1976, RUVA was incorporated.1Of the 2 current board members, DANAGRO has served longest, since 2026.2Revenue went from EUR 153,000 in 2018 to EUR 156,000 in 2025.3
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
Net result€5,293within the sector's middle half▼ 40.6%€11,071within the sector's middle half▲ 109%€6,060below the sector's middle half▼ 45.3%€5,043below the sector's middle half▼ 16.8%€8,574within the sector's middle half▲ 70.0%
EBIT margin5.4%▼ 4.0pp9.5%▲ 4.1pp4.3%7.2%▲ 2.9pp
Equity€229,610within the sector's middle half▲ 2.4%€240,681within the sector's middle half▲ 4.8%€246,741within the sector's middle half▲ 2.5%€251,784below the sector's middle half▲ 2.0%€260,358within the sector's middle half▲ 3.4%
Total assets€363,061below the sector's middle half▼ 3.3%€315,649below the sector's middle half▼ 13.1%€267,006below the sector's middle half▼ 15.4%€284,894below the sector's middle half▲ 6.7%€289,037below the sector's middle half▲ 1.5%
Working capital-€113,059within the sector's middle half▲ 5.3%-€49,106within the sector's middle half▲ 56.6%€16,986within the sector's middle half€67,644within the sector's middle half▲ 298%€117,804within the sector's middle half▲ 74.2%
Solvency63.2%above the sector's middle half▲ 3.5pp76.2%above the sector's middle half▲ 13.0pp92.4%above the sector's middle half▲ 16.2pp88.4%above the sector's middle half▼ 4.0pp90.1%above the sector's middle half▲ 1.7pp
Current ratio0.10below the sector's middle half▼ 0.040.28below the sector's middle half▲ 0.182.18within the sector's middle half▲ 1.904.01above the sector's middle half▲ 1.838.92above the sector's middle half▲ 4.91
Return on assets (ROA)1.5%within the sector's middle half▼ 0.9pp3.5%within the sector's middle half▲ 2.0pp2.3%within the sector's middle half▼ 1.2pp1.8%within the sector's middle half▼ 0.5pp3.0%within the sector's middle half▲ 1.2pp
abovewithinbelowthe middle half (P25 to P75) of NACE 01, Crop and animal production, hunting and related service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289,037
54.1%
45.9%
Fixed assets€156,363 ▼ 19.7%
Current assets€132,674 ▲ 47.2%
Equity and liabilities €289,037
90.1%
10%
Equity€260,358 ▲ 3.4%
Debt€28,679 ▼ 13.4%
Debt's share of the balance-sheet total falls from 11.6% to 9.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€52,647▼
2024 · €62,232
Cash flow
€50,066▼
2024 · €60,051
Debt to equity
0.11▼
2024 · 0.13
ROE
3.3%▲
2024 · 2.0%
Interest coverage
1887.65▲
2024 · 801.55
Debt ≤ 1 year
€14,870▼
2024 · €22,458
Income taxes
€3,968▲
2024 · €2,689
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 17,039 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
Micro
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
0.5%went bankrupt
4.9%stopped otherwise
94%still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to highest expected share.
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%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.9%
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% 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 17,039 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.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 41 lines
Balance sheetCode20242025
Assets
Total assets20/58€284,894€289,037▲
Fixed assets21/28€194,792€156,363▼
Tangible fixed assets22/27€194,792€156,363▼
Land and buildings22€84,656€73,090▼
Plant, machinery and equipment23€110,136€83,274▼
Current assets29/58€90,101€132,674▲
Amounts receivable within one year40/41€87,918€124,271▲
Trade receivables40€14,840€2,120▼
Other amounts receivable41€73,078€122,151▲
Cash at bank and in hand54/58€95€6,250▲
Deferred charges and accrued income490/1€2,088€2,153▲
Equity and liabilities
Total equity and liabilities10/49€284,894€289,037▲
Equity10/15€251,784€260,358▲
Contributions10/11€25,000€25,000=
Reserves13€26,454€26,454=
Tax-exempt reserves132€23,954€23,954=
Distributable reserves133€2,500€2,500=
Profit (loss) carried forward14€200,330€208,904▲
Amounts payable17/49€33,110€28,679▼
Amounts payable within one year42/48€22,458€14,870▼
Trade debts44€19,313€10,814▼
Suppliers440/4€19,313€10,814▼
Taxes, remuneration and social security45€3,145€4,056▲
Taxes450/3€3,145€4,056▲
Accrued charges and deferred income492/3€10,652€13,809▲
Income statementCode20242025
Turnover70€168,000€156,000▼
Goods, raw materials, services and sundry goods60/61€93,808€91,382▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55,008€41,492▼
Other operating charges640/8€11,960€11,971▲
Gross operating margin9900€74,192€64,618▼
Operating profit (loss)9901€7,224€11,155▲
Financial income75/76B€586€1,415▲
Recurring financial income75€586€1,415▲
Financial charges65/66B€78€28▼
Recurring financial charges65€78€28▼
Profit (loss) for the period before taxes9903€7,732€12,542▲
Income taxes67/77€2,689€3,968▲
Profit (loss) for the period9904€5,043€8,574▲
Profit (loss) for the period to be appropriated9905€5,043€8,574▲
Appropriation of the result
Profit (loss) to be appropriated9906€200,330€208,904▲
Profit (loss) brought forward from the previous period14P€195,287€200,330▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Turnover70
€180,000
€180,000
-
€168,000
€156,000
▼ 7.1%
Goods, raw materials, services and sundry goods60/61
€98,888
€87,018
-
€93,808
€91,382
▼ 2.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€61,537
€65,120
€65,755
€55,008
€41,492
▼ 24.6%
Other operating charges640/8
€9,868
€10,762
€11,300
€11,960
€11,971
▲ 0.1%
Gross operating margin9900
€81,112
€92,982
€86,405
€74,192
€64,618
▼ 12.9%
Operating profit (loss)9901
€9,707
€17,101
€9,350
€7,224
€11,155
▲ 54.4%
Financial income75/76B
-
-
€28
€586
€1,415
▲ 142%
Recurring financial income75
-
-
€28
€586
€1,415
▲ 142%
Financial charges65/66B
€1,626
€1,215
€332
€78
€28
▼ 64.1%
Recurring financial charges65
€1,626
€1,215
€332
€78
€28
▼ 64.1%
Profit (loss) for the period before taxes9903
€8,081
€15,885
€9,047
€7,732
€12,542
▲ 62.2%
Income taxes67/77
€2,788
€4,814
€2,987
€2,689
€3,968
▲ 47.5%
Profit (loss) for the period9904
€5,293
€11,071
€6,060
€5,043
€8,574
▲ 70.0%
Profit (loss) for the period to be appropriated9905
€5,293
€11,071
€6,060
€5,043
€8,574
▲ 70.0%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€363,061
€315,649
€267,006
€284,894
€289,037
▲ 1.5%
Fixed assets21/28
€350,264
€296,336
€235,597
€194,792
€156,363
▼ 19.7%
Tangible fixed assets22/27
€350,264
€296,336
€235,597
€194,792
€156,363
▼ 19.7%
Land and buildings22
€122,438
€109,727
€97,015
€84,656
€73,090
▼ 13.7%
Plant, machinery and equipment23
€227,826
€186,609
€138,581
€110,136
€83,274
▼ 24.4%
Current assets29/58
€12,796
€19,313
€31,410
€90,101
€132,674
▲ 47.2%
Amounts receivable within one year40/41
€10,070
€16,296
€28,857
€87,918
€124,271
▲ 41.3%
Trade receivables40
€10,070
€15,900
€14,840
€14,840
€2,120
▼ 85.7%
Other amounts receivable41
-
€396
€14,017
€73,078
€122,151
▲ 67.2%
Cash at bank and in hand54/58
€939
€1,186
€547
€95
€6,250
▲ 6,450%
Deferred charges and accrued income490/1
€1,787
€1,831
€2,006
€2,088
€2,153
▲ 3.1%
Equity and liabilities
Total equity and liabilities10/49
€363,061
€315,649
€267,006
€284,894
€289,037
▲ 1.5%
Equity10/15
€229,610
€240,681
€246,741
€251,784
€260,358
▲ 3.4%
Contributions10/11
€25,000
€25,000
€25,000
€25,000
€25,000
=
Reserves13
€26,454
€26,454
€26,454
€26,454
€26,454
=
Non-distributable reserves130/1
€2,500
€2,500
-
-
-
-
Reserves not available under the articles1311
€2,500
€2,500
-
-
-
-
Tax-exempt reserves132
€23,954
€23,954
€23,954
€23,954
€23,954
=
Distributable reserves133
-
-
€2,500
€2,500
€2,500
=
Profit (loss) carried forward14
€178,156
€189,227
€195,287
€200,330
€208,904
▲ 4.3%
Amounts payable17/49
€133,450
€74,967
€20,265
€33,110
€28,679
▼ 13.4%
Amounts payable within one year42/48
€125,855
€68,419
€14,424
€22,458
€14,870
▼ 33.8%
Trade debts44
€17,908
€21,543
€10,454
€19,313
€10,814
▼ 44.0%
Suppliers440/4
€17,908
€21,543
€10,454
€19,313
€10,814
▼ 44.0%
Taxes, remuneration and social security45
€2,839
€4,814
€3,970
€3,145
€4,056
▲ 29.0%
Taxes450/3
€2,839
€4,814
€3,970
€3,145
€4,056
▲ 29.0%
Other amounts payable47/48
€105,107
€42,062
-
-
-
-
Accrued charges and deferred income492/3
€7,595
€6,548
€5,841
€10,652
€13,809
▲ 29.6%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€5,293
€11,071
€6,060
€5,043
€8,574
▲ 70.0%
+ Depreciation and write-downs630
€61,537
€65,120
€65,755
€55,008
€41,492
▼ 24.6%
Operating cash flow (approximation)
€66,830
€76,191
€71,815
€60,051
€50,066
▼ 16.6%
Investment in fixed assets (approximation)
-
-€11,192
-€5,016
-€14,204
-€3,063
▲ 78.4%
Change in cash
-
€246
-€639
-€451
€6,154
▲ 1,463%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
30-04-2027
2026
27-04
NBB filingAnnual accounts filed
fiscal year 2025 · abbreviated schema
19-03
State Gazette actResignation: Stefaan Lambrecht (director)
Appointments: Joris Brams (director) and Danagro (director) · Permanent representatives: Joris Brams and Stefaan Lambrecht8 facts ▸
General meeting, 02/02/2026
Board meeting, 02/02/2026
Director resignation, Stefaan Lambrecht (director)
Director appointment, Joris Brams (director)
Director appointment, Danagro (director)
Permanent representative, Joris Brams
Permanent representative, Stefaan Lambrecht
Director appointment, Joris Brams (managing director)
2025
30-09
FinancialLiquidity doublescurrent ratio 8.92
Current ratio from 4.01 to 8.92; short-term debt falls from €22,458 to €14,870.
29-04
NBB filingAnnual accounts filed
fiscal year 2024 · abbreviated schema
2024
22-04
NBB filingAnnual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
FinancialLiquidity times 8current ratio 2.18
Current ratio from 0.28 to 2.18; short-term debt falls from €68,419 to €14,424.
20-04
NBB filingAnnual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
FinancialHighest result since 2018net €11,071 ▲109%
Net result €11,071, the highest in the series.
19-05
NBB filingAnnual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
29-04
NBB filingAnnual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-04
NBB filingAnnual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-04
NBB filingAnnual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filingAnnual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
27-03
NBB filingAnnual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
2 directors, 1 in day-to-day management, last change in 2026
Managing director · since 02-02-2026 · Private limited company
Current
Permanent representatives 1
LS
Stefaan Lambrecht
Permanent representative · since 02-02-2026 · for DANAGRO
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
15 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 903 companies in sector 01461 we hold annual accounts for 295. 259 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company
Founded03-09-1976
Fiscal year end30-09
Activities, NACEBEL 2025
01461Pig breeding farms
E-invoicing
Reachable via Peppol
Peppol ID0208:0416327661
Also9925:BE0416327661
Registered10-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.