RUVAL UNION
InactiveRUVAL UNION was declared bankrupt on 02-12-2024 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 23-09-2025, published in the Belgian State Gazette on 08-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 29-09-2024, 60 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
60 d late
2022
426 d late
2021
78 d late
2020
5 d early
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Turnover
€52k▼ 69.1%
2022 · €170k
2018: €433k
2019: €429k
2020: €289k
2021: €272k
2022: €170k
2018 → 2023
EBIT margin
2.1%▼ 0.7pp
2022 · 2.8%
2018: 3.3%
2019: 2.1%
2020: -1.1%
2021: -1.1%
2022: 2.8%
2018 → 2023
Net result
€975▼ 39.2%
2022 · €2k
2018: €5k
2019: €2k
2020: €-11k
2021: €-9k
2022: €2k
2018 → 2023
Working capital
€-4k
2022 · €11k
2018: €9k
2019: €6k
2020: €-1k
2021: €-5k
2022: €11k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€429k-€289k▼ 32.8%€272k▼ 5.8%€170k▼ 37.5%€52k▼ 69.1%
Equity€16k-€5k▼ 68.4%€-4k€-3k▲ 37.8%€-2k▲ 37.0%
Operating result€9k-€-3k€-3k▲ 3.7%€5k€1k▼ 76.5%
Net result€2k-€-11k€-9k▲ 15.0%€2k€975▼ 39.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 76% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €7k
Fixed assets
€2k ▼ 29.7%
Current assets
€5k ▼ 73.9%
Key figures and ratios
EBITDA
€2k▼
2022 · €21k
Cash flow
€2k▼
2022 · €18k
Solvency
-25.3%▼
2022 · -12.8%
Current ratio
0.57▼
2022 · 2.54
Debt to equity
-4.95▲
2022 · -8.80
ROA
14.9%▲
2022 · 7.8%
Interest coverage
12.94▲
2022 · 6.49
Debt
€8k▼
2022 · €23k
Debt ≤ 1 year
€8k▲
2022 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 46 lines
Balance sheet
Code20222023
Assets
Total assets20/58€21k€7k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€2k€943▼
Plant, machinery and equipment23€705€339▼
Furniture and vehicles24€1k€605▼
Leasing and similar rights25€0-
Financial fixed assets28€958€958=
Current assets29/58€18k€5k▼
Amounts receivable within one year40/41€18k€4k▼
Trade receivables40€17k-
Other amounts receivable41€636€4k▲
Cash at bank and in hand54/58€22€648▲
Equity and liabilities
Total equity and liabilities10/49€21k€7k▼
Equity10/15€-3k€-2k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-11k€-10k▲
Amounts payable17/49€23k€8k▼
Amounts payable after more than one year17€16k-
Financial debts170/4€16k-
Amounts payable within one year42/48€7k€8k▲
Financial debts43€7-
Credit institutions430/8€7-
Trade debts44€698-
Suppliers440/4€698-
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€4k€8k▲
Other amounts payable47/48€3k-
Income statement
Code20222023
Turnover70€170k€52k▼
Goods, raw materials, services and sundry goods60/61€149k€78k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€805▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€26k€4k▼
Operating profit (loss)9901€5k€1k▼
Financial income75/76B€21-
Recurring financial income75€21-
Financial charges65/66B€3k€149▼
Recurring financial charges65€3k€149▼
Non-recurring financial charges66B€7-
Profit (loss) for the period before taxes9903€2k€975▼
Profit (loss) for the period9904€2k€975▼
Profit (loss) for the period to be appropriated9905€2k€975▼
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-10k▲
Profit (loss) brought forward from the previous period14P€-12k€-11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · SRL RUVAL UNION RUE LE LORRAIN 110, 1080 MOLENBEEK-SAINT-JEAN. déclarée le 2 décembre 2024 · event 23-09-2025
2024
16-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL RUVAL UNION RUE LE LORRAIN 110, 1080 MOLENBEEK-SAINT-JEAN · event 02-12-2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 426 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.54
Current ratio from 0.97 to 2.54; short-term debt falls from €176k to €7k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 78 days late
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-11k ▼583%
Net result drops to €-11k, the lowest in the series.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOPHIE HUART CHAUSSEE DE WATERLOO 880,
1000 BRUXELLES |
02-12-2024 → 23-09-2025 |