Financials
- Fiscal year
- 2025
- Turnover
- €182,074
- Profit
- €6,262
- Solvency
- 14.5%
Turnover▲ 303%
Net result
20242025
RUZGAR
ActiveSummary
The computed 12-month bankruptcy probability of RUZGAR is 3.4% (moderate). The 2025 annual accounts show equity of €11,600 and a net result of €6,262. Its solvency ranks better than 17% of 30651 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Site preparation
NACE 43120
1 site
Size
€182,074turnover 2025
- Equity
- €11,600
- Profit
- €6,262
Structure
Accounts 143 d early0 of 1 deed read
Why 49- Founded in 2024- Size: turnover €182,074, total assets €79,840- Sector Specialised construction activities (NACE 43)- Equity €11,600 (14.5% of total assets)Show the evidence
Checked score
Score 2025
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 38% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
40-30
equity 14.5% of total assets
Liquidity
10-16
short-term debt 85.5% · cash 5.8%
Profitability
66-24
return on assets 7.8%
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 23 months
04-2025: 1.5%lowest value
05-2025: 1.5%▲ +1.9% vs 04-2025
06-2025: 1.5%▲ +1.0% vs 05-2025
07-2025: 1.9%▲ +21.9% vs 06-2025
08-2025: 1.9%● 0.0% vs 07-2025
09-2025: 1.9%▲ +2.7% vs 08-2025
10-2025: 2.1%▲ +6.6% vs 09-2025
11-2025: 2.1%▼ -0.1% vs 10-2025
12-2025: 2.0%▼ -1.8% vs 11-2025
01-2026: 2.0%▲ +1.3% vs 12-2025
02-2026: 2.1%▲ +3.5% vs 01-2026
03-2026: 2.2%▲ +5.4% vs 02-2026
04-2026: 3.5%▲ +58.0% vs 03-2026highest value
05-2026: 3.5%● 0.0% vs 04-2026highest value
06-2026: 3.5%● 0.0% vs 05-2026highest value
07-2026: 3.5%● 0.0% vs 06-2026highest value
08-2026: 3.5%● 0.0% vs 07-2026highest value
09-2026: 3.5%● 0.0% vs 08-2026highest value
10-2026: 3.4%▼ -3.5% vs 09-2026
- Founded in 2024 raises the probability for this profile
- Size: turnover €182,074, total assets €79,840 raises the probability for this profile
- Sector Specialised construction activities (NACE 43) raises the probability
- Equity €11,600 (14.5% of total assets) raises the probability
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.75 against 1.58 in 2024; short-term debt: 85.5% and cash: 5.8% of total assets), and 85.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 17%, liquidity 6%, profitability 32%, growth against the median 96%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 30651 sector peers (2025).
NBB · sector comparisonPosition among 30651 sector peers
Solvency
better than 17%
← weakest
strongest →
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 10-03-2026, 143 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
143 d early
2024
141 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 142 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
03-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
- Next accounts
- by 31-07-2027
- 10-03-2026Annual accounts filed
- 12-03-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Site preparationNACE 43120
- Founded
- 13-03-2024
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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