RUWOMAT
ActiveRUWOMAT has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.91M and a net result of €889k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 76% of 4839 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76=
Solvency94▼-1
Growth55▼-1
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 4.43 against 5.78 in 2024; short-term debt: 16.2% and cash: 12.4% of total assets), and 30.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
69.4%
Return on assets
7.8%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-03-2026, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
55 d early
2024
35 d early
2023
40 d early
2022
46 d early
2021
52 d early
2020
78 d early
2019
70 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€11.31M▼ 7.5%
2024 · €12.23M
2023: €12.98M
2024: €12.23M
2023 → 2025
EBIT margin
10.3%▲ 0.5pp
2024 · 9.8%
2023: 13.0%
2024: 9.8%
2023 → 2025
Net result
€889k▼ 3.6%
2024 · €923k
2018: €486k
2019: €684k
2020: €828k
2021: €1.22M
2022: €1.35M
2023: €1.30M
2024: €923k
2018 → 2025
Working capital
€6.34M▼ 6.0%
2024 · €6.74M
2018: €3.78M
2019: €4.25M
2020: €4.73M
2021: €5.35M
2022: €6.64M
2023: €7.14M
2024: €6.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12.98M€12.23M▼ 5.8%€11.31M▼ 7.5%
Equity€6.10M-€7.45M▲ 22.1%€8.05M▲ 8.0%€8.07M▲ 0.3%€7.91M▼ 2.0%
Operating result€1.58M-€1.75M▲ 10.9%€1.69M▼ 3.3%€1.20M▼ 29.2%€1.17M▼ 2.6%
Net result€1.22M-€1.35M▲ 10.7%€1.30M▼ 4.0%€923k▼ 28.8%€889k▼ 3.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 3% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.40M
Fixed assets
€3.21M▼ 2.5%
Current assets
€8.19M▲ 0.4%
Equity and liabilities €11.40M
Equity
€7.91M▼ 2.0%
Debt
€3.49M▲ 3.4%
The debt ratio rises from 29.5% to 30.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.47M▼
2024 · €1.58M
Cash flow
€1.19M▼
2024 · €1.31M
Solvency
69.4%▼
2024 · 70.5%
Current ratio
4.43▼
2024 · 5.78
Quick ratio
1.70▼
2024 · 2.34
Debt / equity
0.44▲
2024 · 0.42
ROE
11.2%▼
2024 · 11.4%
ROA
7.8%▼
2024 · 8.1%
Interest coverage
19.98▼
2024 · 30.75
Debt
€3.49M▲
2024 · €3.38M
Debt ≤ 1 year
€1.85M▲
2024 · €1.41M
Debt > 1 year
€1.64M▼
2024 · €1.97M
Income taxes
€309k▼
2024 · €323k
Staff costs
€1.88M▲
2024 · €1.70M
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€11.45M€11.40M▼
Fixed assets21/28€3.29M€3.21M▼
Intangible fixed assets21€6k€1k▼
Tangible fixed assets22/27€3.28M€3.21M▼
Land and buildings22€2.79M€2.67M▼
Plant, machinery and equipment23€57k€33k▼
Furniture and vehicles24€443k€500k▲
Financial fixed assets28€3k€3k=
Other financial fixed assets284/8€3k€3k=
Shares284€3k€3k=
Current assets29/58€8.15M€8.19M▲
Stocks and contracts in progress3€4.86M€5.05M▲
Stocks30/36€4.86M€5.05M▲
Goods purchased for resale34€4.86M€5.05M▲
Amounts receivable within one year40/41€1.70M€1.72M▲
Trade receivables40€1.62M€1.62M▲
Other amounts receivable41€83k€102k▲
Cash at bank and in hand54/58€1.58M€1.41M▼
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€11.45M€11.40M▼
Equity10/15€8.07M€7.91M▼
Contributions10/11€25k€25k=
Reserves13€8.04M€7.88M▼
Tax-exempt reserves132€56k€56k=
Distributable reserves133€7.99M€7.83M▼
Amounts payable17/49€3.38M€3.49M▲
Amounts payable after more than one year17€1.97M€1.64M▼
Financial debts170/4€1.97M€1.64M▼
Credit institutions173€1.37M€1.14M▼
Other loans174€594k€507k▼
Amounts payable within one year42/48€1.41M€1.85M▲
Current portion of amounts payable after more than one year42€442k€444k▲
Trade debts44€555k€531k▼
Suppliers440/4€555k€531k▼
Advances received on contracts in progress46€32k€40k▲
Taxes, remuneration and social security45€381k€462k▲
Taxes450/3€78k€124k▲
Remuneration and social security454/9€302k€339k▲
Other amounts payable47/48-€370k
Income statement
Code20242025
Operating income70/76A€12.28M€11.42M▼
Turnover70€12.23M€11.31M▼
Other operating income74€25k€79k▲
Non-recurring operating income76A€24k€23k▼
Operating charges60/66A€11.08M€10.25M▼
Goods for resale, raw materials and consumables60€8.17M€7.15M▼
Purchases600/8€8.31M€7.34M▼
Change in stocks: decrease (increase)609€-136k€-190k▼
Services and other goods61€805k€890k▲
Remuneration, social security and pensions62€1.70M€1.88M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€385k€305k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-16k€-16k▼
Other operating charges640/8€37k€42k▲
Operating profit (loss)9901€1.20M€1.17M▼
Financial income75/76B€104k€109k▲
Recurring financial income75€104k€109k▲
Income from current assets751€9k€21k▲
Other financial income752/9€95k€87k▼
Financial charges65/66B€54k€76k▲
Recurring financial charges65€54k€76k▲
Debt charges650€51k€74k▲
Other financial charges652/9€3k€2k▼
Profit (loss) for the period before taxes9903€1.25M€1.20M▼
Income taxes67/77€323k€309k▼
Taxes670/3€323k€310k▼
Tax adjustments and reversals of tax provisions77-€1k
Profit (loss) for the period9904€923k€889k▼
Profit (loss) for the period to be appropriated9905€923k€889k▼
Appropriation of the result
Profit (loss) to be appropriated9906€923k€889k▼
Transfer from equity791/2€900k€1.05M▲
From reserves792€900k€1.05M▲
Transfer to equity691/2€923k€889k▼
To other reserves6921€923k€889k▼
Profit to be distributed694/7€900k€1.05M▲
Return on contributions (dividend)694€900k€1.05M▲
Social balance
Average headcount (FTE)908726.126.7▲
The notes to these accounts (49 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
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
21-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Highest result since 2018net €1.35M ▲10.7%
Operating result €1.75M, net result €1.35M, both a record.
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Equity above €5MEq €6.10M ▲25%
4 profitable years in a row build equity to €6.10M.
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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 2017
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.
09-01-2017
Resigned as Manager
Location & real-estate footprint
Registered office, Zulte · 4 establishment units since 1997
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.
Oudenaardestraat 1939870 ZulteGround area
5,630 m²
Building footprint
1,864 m²
Volume, LiDAR
7,184 m³
4 parcels, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
RUWOMAT
since 19972.080.292.385
RUWOMAT
since 20122.206.489.781
Ruwomat
since 20192.300.903.841
Ruwomat Garden
since 20262.386.760.818
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44035B0082/00X000 | Flanders | 2,933 m² | 1 · 1,258 m² | 9.9 m · 2 fl. |
| 44050B0489/00N000 | Flanders | 1,526 m² | 1 · 297 m² | 7.7 m · 2 fl. |
| 44050A0415/00W002 | Flanders | 1,056 m² | 1 · 227 m² | 7.3 m · 2 fl. |
| 44050B1219/00M004 | Flanders | 114 m² | 1 · 81 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 14,298 EUR awarded · 14,298 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 53 EUR | 53 EUR |
| 2024 | 1 | 3,412 EUR | 3,412 EUR |
| 2023 | 1 | 4,135 EUR | 4,135 EUR |
| 2022 | 1 | 6,698 EUR | 6,698 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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Of 1,804 companies in sector 46831 we hold annual accounts for 1,398. 584 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-11-1996
Fiscal year end30-09
Activities, NACEBEL
46831Wholesale of construction materials, general range
46841Wholesale trade
51532
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.