RUWO TECHNOLOGIES
ActiveThe computed 12-month bankruptcy probability of RUWO TECHNOLOGIES is 1.6% (moderate). The 2025 annual accounts show equity of €62k and a net result of €14k. Equity is growing by ~53% per year across the filed fiscal years. Its solvency ranks better than 74% of 1501 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
93
/ 100
Excellent▼ -1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▲+6
Growth78=
Stability94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 1.92 in 2024), and 39.8% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.2%
Return on assets
13.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
31 d late
2023
33 d early
2022
22 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€62k▲ 28.9%
2024 · €48k
2022: €7k
2023: €23k
2024: €48k
2022 → 2025
Total assets
€102k▲ 4.7%
2024 · €98k
2022: €50k
2023: €64k
2024: €98k
2022 → 2025
Net result
€14k▼ 44.0%
2024 · €25k
2022: €2k
2023: €16k
2024: €25k
2022 → 2025
Working capital
€61k▲ 33.1%
2024 · €46k
2022: €5k
2023: €21k
2024: €46k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€23k▲ 245%€48k▲ 107%€62k▲ 28.9%
Operating result€2k-€22k▲ 1,020%€33k▲ 50.4%€19k▼ 43.5%
Net result€2k-€16k▲ 871%€25k▲ 50.5%€14k▼ 44.0%
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 2025; 2025 is 44% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €102k
Fixed assets
€533▼ 71.6%
Current assets
€102k▲ 6.2%
Equity and liabilities €102k
Equity
€62k▲ 28.9%
Debt
€41k▼ 18.5%
The debt ratio falls from 51.1% to 39.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€20k▼
2024 · €35k
Cash flow
€15k▼
2024 · €26k
Solvency
60.2%▲
2024 · 48.9%
Current ratio
2.50▲
2024 · 1.92
Quick ratio
1.91▲
2024 · 1.47
Debt / equity
0.66▼
2024 · 1.05
ROE
22.4%▼
2024 · 51.7%
ROA
13.5%▼
2024 · 25.2%
Interest coverage
84.81▼
2024 · 207.58
Debt
€41k▼
2024 · €50k
Debt ≤ 1 year
€41k▼
2024 · €50k
Income taxes
€5k▼
2024 · €8k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€98k€102k▲
Fixed assets21/28€2k€533▼
Tangible fixed assets22/27€2k€533▼
Plant, machinery and equipment23€2k€533▼
Current assets29/58€96k€102k▲
Stocks and contracts in progress3€22k€24k▲
Stocks30/36€22k€24k▲
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€4k€4k▼
Other amounts receivable41€48€1k▲
Cash at bank and in hand54/58€69k€73k▲
Equity and liabilities
Total equity and liabilities10/49€98k€102k▲
Equity10/15€48k€62k▲
Contributions10/11€5k€5k=
Reserves13€43k€57k▲
Distributable reserves133€43k€57k▲
Amounts payable17/49€50k€41k▼
Amounts payable within one year42/48€50k€41k▼
Trade debts44€8k-
Suppliers440/4€8k-
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€38k€38k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€599€617▲
Gross operating margin9900€35k€21k▼
Operating profit (loss)9901€33k€19k▼
Financial charges65/66B€168€236▲
Recurring financial charges65€168€236▲
Profit (loss) for the period before taxes9903€33k€18k▼
Income taxes67/77€8k€5k▼
Profit (loss) for the period9904€25k€14k▼
Profit (loss) for the period to be appropriated9905€25k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€14k▼
Transfer to equity691/2€25k€14k▼
To the legal reserve6920-€14k
To other reserves6921€25k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Highest result since 2022net €25k ▲50.5%
Operating result €33k, net result €25k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Ninove · 1 establishment unit since 2021
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.
Rijstraat(Den) 1519400 NinoveGround area
1,006 m²
Building footprint
171 m²
Volume, LiDAR
737 m³
Parcel 41012C1808/00G000, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RUWO TECHNOLOGIES
since 20212.319.933.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012C1808/00G000 | Flanders | 1,006 m² | 1 · 171 m² | 6.2 m · 1 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.
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KETELAERE
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Of 977 companies in sector 77210 we hold annual accounts for 217. 169 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2021
Fiscal year end31-12
Activities, NACEBEL
77210Renting and leasing of sports and recreation goods
46496Wholesale trade
47639Retail sale of other sporting goods
47640Retail trade
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.