VAN DEN RUBBENS TECHNICS
ActiveSummary
VAN DEN RUBBENS TECHNICS has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €465k and a net result of €146k. Equity is growing by ~35.4% per year across the filed fiscal years. Its solvency ranks better than 54% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▼-4
Solvency72▲+14
Growth79▲+16
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.48 in 2023; short-term debt: 53.3% and cash: 2.2% of total assets), but 53.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 26-06-2025, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
4 d early
2023
2 d early
2022
10 d late
2021
on the day
2020
1 d late
2019
50 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€1.92M▲ 100%
2022 · €960k
2019: €956k
2020: €819k
2021: €1.04M
2022: €960k
2019 → 2024
EBIT margin
10.4%▲ 1.7pp
2022 · 8.7%
2019: 2.7%
2020: 17.8%
2021: 24.2%
2022: 8.7%
2019 → 2024
Net result
€146k▲ 11.6%
2023 · €131k
2019: €12k
2020: €120k
2021: €201k
2022: €87k
2023: €131k
2019 → 2024
Working capital
€432k▲ 21.7%
2023 · €355k
2019: €10k
2020: €82k
2021: €236k
2022: €276k
2023: €355k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€819k-€1.04M▲ 26.7%€960k▼ 7.5%€1.92M
Equity€88k-€239k▲ 171%€278k▲ 16.0%€369k▲ 33.0%€465k▲ 26.0%
Operating result€146k-€251k▲ 72.3%€83k▼ 66.9%€174k▲ 110%€199k▲ 14.5%
Net result€120k-€201k▲ 67.0%€87k▼ 56.5%€131k▲ 49.9%€146k▲ 11.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €997k
Fixed assets
€33k ▲ 134%
Current assets
€964k ▼ 12.3%
Equity and liabilities €997k
Equity
€465k ▲ 26.0%
Debt
€532k ▼ 28.5%
Debt's share of the balance-sheet total falls from 66.8% to 53.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€208k▲
2023 · €176k
Cash flow
€155k▲
2023 · €133k
Current ratio
1.81▲
2023 · 1.48
Debt to equity
1.14▼
2023 · 2.01
ROE
31.4%▼
2023 · 35.4%
ROA
14.7%▲
2023 · 11.8%
Interest coverage
15.40▼
2023 · 17.54
Debt ≤ 1 year
€532k▼
2023 · €744k
Income taxes
€40k▲
2023 · €33k
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 · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.11M€997k▼
Fixed assets21/28€14k€33k▲
Tangible fixed assets22/27€14k€32k▲
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24-€23k
Leasing and similar rights25€3k-
Financial fixed assets28-€1k
Current assets29/58€1.10M€964k▼
Amounts receivable within one year40/41€1.09M€942k▼
Trade receivables40€792k€578k▼
Other amounts receivable41€296k€364k▲
Cash at bank and in hand54/58€11k€22k▲
Equity and liabilities
Total equity and liabilities10/49€1.11M€997k▼
Equity10/15€369k€465k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€349k€445k▲
Amounts payable17/49€744k€532k▼
Amounts payable within one year42/48€744k€532k▼
Trade debts44€656k€418k▼
Suppliers440/4€656k€418k▼
Taxes, remuneration and social security45€37k€62k▲
Taxes450/3€36k€61k▲
Remuneration and social security454/9€552€1k▲
Other amounts payable47/48€51k€51k=
Income statement
Code20232024
Turnover70-€1.92M
Goods, raw materials, services and sundry goods60/61-€1.71M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€107€250▲
Gross operating margin9900€176k€208k▲
Operating profit (loss)9901€174k€199k▲
Financial income75/76B€68€190▲
Recurring financial income75€68€190▲
Financial charges65/66B€10k€14k▲
Recurring financial charges65€10k€14k▲
Profit (loss) for the period before taxes9903€164k€186k▲
Income taxes67/77€33k€40k▲
Profit (loss) for the period9904€131k€146k▲
Profit (loss) for the period to be appropriated9905€131k€146k▲
Appropriation of the result
Profit (loss) to be appropriated9906€399k€495k▲
Profit (loss) brought forward from the previous period14P€268k€349k▲
Profit to be distributed694/7€50k€50k=
Directors or managers695€50k€50k=
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
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-11
Financial
Highest result since 2019net €201k ▲67%
Operating result €251k, net result €201k, both a record.
30-11
Financial
Equity above €200kEq €239k ▲171%
3 profitable years in a row build equity to €239k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 50 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, Ternat · 1 establishment unit since 2018
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.
Assesteenweg 2261742 TernatGround area
835 m²
Building footprint
141 m²
Volume, LiDAR
952 m³
Parcel 23071C0935/00A002, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
VAN DEN RUBBENS TECHNICS
since 20182.275.198.544
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0935/00A002 | Flanders | 835 m² | 1 · 141 m² | 11.4 m · 3 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.
Similar companies · same sector, comparable size
AARSCHOTS DAKWERKBEDRIJF
BE 0898.993.228
Aarschot · Eq €465,163
LACROIX PATRICK
BE 0824.169.804
Wortegem-Petegem · Eq €465,150
HURO
BE 0433.670.766
Staden · Eq €465,515
BELGA TOITURE
BE 0838.031.302
Braine-l'Alleud · Eq €465,600
STROOBANTS Gert
BE 0861.558.156
Herent · Eq €465,657
Of 11,135 companies in sector 43910 we hold annual accounts for 5,488. 3,679 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-04-2018
Fiscal year end30-11
Activities, NACEBEL 2025
43310Plastering work
43910Bricklaying and masonry work
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.