Van Rul David
ActiveSummary
Van Rul David has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €-30k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
45
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-75
Solvency53▼-9
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.52 against 1.34 in 2023; short-term debt: 24.2% and cash: 5.6% of total assets), and 71.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
28.1%
Return on assets
-17%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
19 d early
2022
26 d early
2021
24 d early
2020
25 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€49k▼ 37.7%
2023 · €78k
2018: €49k
2019: €55k
2020: €73k
2021: €70k
2022: €68k
2023: €78k
2018 → 2024
Total assets
€173k▼ 17.7%
2023 · €210k
2018: €248k
2019: €222k
2020: €235k
2021: €214k
2022: €223k
2023: €210k
2018 → 2024
Net result
€-30k
2023 · €10k
2018: €-13k
2019: €5k
2020: €18k
2021: €-2k
2022: €-2k
2023: €10k
2018 → 2024
Working capital
€-20k
2023 · €14k
2018: €473
2019: €-6k
2020: €15k
2021: €16k
2022: €2k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€73k-€70k▼ 3.1%€68k▼ 2.7%€78k▲ 14.3%€49k▼ 37.7%
Operating result€22k-€742▼ 96.7%€853▲ 15.0%€14k▲ 1,599%€-27k
Net result€18k-€-2k€-2k▲ 15.8%€10k€-30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27k after €14k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€152k ▼ 3.1%
Current assets
€22k ▼ 59.9%
Equity and liabilities €173k
Equity
€49k ▼ 37.7%
Debt
€125k ▼ 5.8%
Debt's share of the balance-sheet total rises from 62.9% to 71.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-9k▼
2023 · €32k
Cash flow
€-12k▼
2023 · €27k
Current ratio
0.52▼
2023 · 1.34
Quick ratio
0.45▼
2023 · 1.24
Debt to equity
2.56▲
2023 · 1.69
ROE
-60.6%▼
2023 · 12.5%
ROA
-17.0%▼
2023 · 4.6%
Interest coverage
-3.82▼
2023 · 12.02
Debt ≤ 1 year
€42k▲
2023 · €40k
Debt > 1 year
€83k▼
2023 · €92k
Staff costs
€147▼
2023 · €798
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 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€210k€173k▼
Fixed assets21/28€157k€152k▼
Tangible fixed assets22/27€157k€152k▼
Land and buildings22€134k€125k▼
Plant, machinery and equipment23€16k€13k▼
Furniture and vehicles24€6k€14k▲
Financial fixed assets28€30€30=
Current assets29/58€54k€22k▼
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€17k€4k▼
Trade receivables40€12k-
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€27k€10k▼
Deferred charges and accrued income490/1€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€210k€173k▼
Equity10/15€78k€49k▼
Contributions10/11€13k€13k=
Reserves13€65k€65k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14-€-30k
Amounts payable17/49€132k€125k▼
Amounts payable after more than one year17€92k€83k▼
Financial debts170/4€92k€83k▼
Amounts payable within one year42/48€40k€42k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€17k€7k▼
Suppliers440/4€17k€7k▼
Taxes, remuneration and social security45€2k-
Taxes450/3€755-
Remuneration and social security454/9€2k-
Other amounts payable47/48€12k€26k▲
Income statement
Code20232024
Remuneration, social security and pensions62€798€147▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€36k€-6k▼
Operating profit (loss)9901€14k€-27k▼
Financial income75/76B€13€9▼
Recurring financial income75€13€9▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Non-recurring financial charges66B€409-
Profit (loss) for the period before taxes9903€11k€-30k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€10k€-30k▼
Profit (loss) for the period to be appropriated9905€10k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-30k▼
Profit (loss) brought forward from the previous period14P€-2k-
Transfer to equity691/2€8k-
To other reserves6921€8k-
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
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-30k ▼402%
Net result drops to €-30k, the lowest in the series.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €18k ▲245%
Operating result €22k, net result €18k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
Registered office, Hechtel-Eksel · 1 establishment unit since 2010
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.
Lommelsebaan 993940 Hechtel-EkselGround area
1,514 m²
Building footprint
169 m²
Volume, LiDAR
945 m³
Parcel 72013D0089/00B002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Van Rul David
since 20102.185.871.343
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013D0089/00B002 | Flanders | 1,514 m² | 1 · 169 m² | 8.9 m · 2 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
BEY CONCEPT
BE 0633.989.921
Heusden-Zolder · Eq €48,680
Muys Infra
BE 0818.380.189
Puurs-Sint-Amands · Eq €48,664
JC INTERIEUR
BE 0558.991.402
Tongeren-Borgloon · Eq €48,681
MB Wood Concept
BE 0784.308.544
Beveren-Kruibeke-Zwijndrecht · Eq €48,662
GNV CONCEPT
BE 0790.748.354
Schaarbeek · Eq €48,685
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,381 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
Founded01-02-2010
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43230Insulation installation
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.