VERGEYNST RUBY
ActiveSummary
VERGEYNST RUBY has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65,885 and a net result of €2,028. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 92% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▲+3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 6.21 against 3.13 in 2024; short-term debt: 13.4% and cash: 1.8% of total assets), and 13.4% of the assets are financed with debt.
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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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
86.6%
Return on assets
2.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
35 d late
2024
43 d early
2023
15 d early
2022
25 d late
2021
19 d late
2020
48 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€65,885▲ 3.2%
2024 · €63,858
Total assets
€76,084▼ 10.1%
2024 · €84,675
Net result
€2,028
2024 · -€154
Working capital
€53,153▲ 22.2%
2024 · €43,487
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,184-€361€18,489€950▼ 94.9%€4,113▲ 333%
Net result€8,920€4▼ 100.0%€11,879▲ 299,886%-€154€2,028
Equity€52,128▲ 20.6%€52,132=€64,012▲ 22.8%€63,858▼ 0.2%€65,885▲ 3.2%
Total assets€59,415▲ 1.8%€56,756▼ 4.5%€83,168▲ 46.5%€84,675▲ 1.8%€76,084▼ 10.1%
Debt€7,287▼ 52.0%€4,624▼ 36.5%€19,156▲ 314%€20,817▲ 8.7%€10,199▼ 51.0%
Working capital€47,128▲ 23.3%€47,132=€51,820▲ 9.9%€43,487▼ 16.1%€53,153▲ 22.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 333% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76,084
Fixed assets
€12,733 ▼ 38.7%
Current assets
€63,351 ▼ 0.9%
Equity and liabilities €76,084
Equity
€65,885 ▲ 3.2%
Debt
€10,199 ▼ 51.0%
Debt's share of the balance-sheet total falls from 24.6% to 13.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12,135▲
2024 · €7,633
Cash flow
€10,050▲
2024 · €6,529
Current ratio
6.21▲
2024 · 3.13
Quick ratio
6.18▲
2024 · 3.11
Debt to equity
0.15▼
2024 · 0.33
ROE
3.1%▲
2024 · -0.2%
ROA
2.7%▲
2024 · -0.2%
Interest coverage
32.65▲
2024 · 11.37
Debt ≤ 1 year
€10,199▼
2024 · €20,433
Income taxes
€1,717▲
2024 · €434
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €150 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €5,771 | €6,683 | €8,022 | ▲ 20.0% |
| Other operating charges640/8 | €477 | €372 | €232 | €553 | €692 | ▲ 25.1% |
| Gross operating margin9900 | €11,661 | €11 | €24,492 | €8,186 | €12,827 | ▲ 56.7% |
| Operating profit (loss)9901 | €11,184 | -€361 | €18,489 | €950 | €4,113 | ▲ 333% |
| Financial income75/76B | €1,059 | €1,153 | €532 | €1 | €3 | ▲ 275% |
| Recurring financial income75 | €18 | €13 | €13 | €1 | €3 | ▲ 275% |
| Non-recurring financial income76B | €1,041 | €1,140 | €518 | - | - | - |
| Financial charges65/66B | €103 | €363 | €744 | €671 | €372 | ▼ 44.6% |
| Recurring financial charges65 | €103 | €106 | €744 | €671 | €372 | ▼ 44.6% |
| Non-recurring financial charges66B | - | €257 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €12,140 | €429 | €18,277 | €279 | €3,745 | ▲ 1,240% |
| Income taxes67/77 | €3,220 | €425 | €6,397 | €434 | €1,717 | ▲ 296% |
| Profit (loss) for the period9904 | €8,920 | €4 | €11,879 | -€154 | €2,028 | ▲ 1,415% |
| Profit (loss) for the period to be appropriated9905 | €8,920 | €4 | €11,879 | -€154 | €2,028 | ▲ 1,415% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €59,415 | €56,756 | €83,168 | €84,675 | €76,084 | ▼ 10.1% |
| Fixed assets21/28 | €5,000 | €5,000 | €17,080 | €20,755 | €12,733 | ▼ 38.7% |
| Tangible fixed assets22/27 | - | - | €12,080 | €15,755 | €7,733 | ▼ 50.9% |
| Plant, machinery and equipment23 | - | - | €1,086 | €3,009 | €1,960 | ▼ 34.9% |
| Furniture and vehicles24 | - | - | €10,993 | €12,746 | €5,773 | ▼ 54.7% |
| Financial fixed assets28 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Current assets29/58 | €54,415 | €51,756 | €66,088 | €63,920 | €63,351 | ▼ 0.9% |
| Amounts receivable after more than one year29 | - | - | €22,000 | €22,000 | €22,000 | = |
| Other amounts receivable291 | - | - | €22,000 | €22,000 | €22,000 | = |
| Stocks and contracts in progress3 | €1,334 | €334 | €334 | €334 | €334 | = |
| Stocks30/36 | €1,334 | €334 | €334 | €334 | €334 | = |
| Amounts receivable within one year40/41 | €45,451 | €39,975 | €37,697 | €36,985 | €35,351 | ▼ 4.4% |
| Trade receivables40 | €24,219 | €16,021 | €29,433 | €29,433 | €29,433 | = |
| Other amounts receivable41 | €21,232 | €23,953 | €8,264 | €7,552 | €5,919 | ▼ 21.6% |
| Cash at bank and in hand54/58 | €3,386 | €7,917 | €1,763 | €307 | €1,371 | ▲ 347% |
| Deferred charges and accrued income490/1 | €4,244 | €3,530 | €4,294 | €4,294 | €4,294 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €59,415 | €56,756 | €83,168 | €84,675 | €76,084 | ▼ 10.1% |
| Equity10/15 | €52,128 | €52,132 | €64,012 | €63,858 | €65,885 | ▲ 3.2% |
| Contributions10/11 | €17,353 | €17,353 | €17,353 | €17,353 | €17,353 | = |
| Outside capital11 | €17,353 | €17,353 | €17,353 | €17,353 | €17,353 | = |
| Other1109/19 | €17,353 | €17,353 | €17,353 | €17,353 | €17,353 | = |
| Reserves13 | €34,776 | €34,780 | €46,659 | €46,505 | €48,533 | ▲ 4.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | €32,916 | €32,920 | €46,659 | €46,505 | €48,533 | ▲ 4.4% |
| Amounts payable17/49 | €7,287 | €4,624 | €19,156 | €20,817 | €10,199 | ▼ 51.0% |
| Amounts payable after more than one year17 | - | - | €4,888 | €384 | - | - |
| Financial debts170/4 | - | - | €4,888 | €384 | - | - |
| Amounts payable within one year42/48 | €7,287 | €4,624 | €14,269 | €20,433 | €10,199 | ▼ 50.1% |
| Current portion of amounts payable after more than one year42 | - | - | €4,315 | €10,009 | €384 | ▼ 96.2% |
| Trade debts44 | €3,745 | €809 | €2,961 | €3,354 | €5,342 | ▲ 59.3% |
| Suppliers440/4 | €3,745 | €809 | €2,961 | €3,354 | €5,342 | ▲ 59.3% |
| Taxes, remuneration and social security45 | €3,542 | €3,814 | €6,992 | €7,001 | €2,270 | ▼ 67.6% |
| Taxes450/3 | €3,542 | €3,814 | €6,992 | €7,001 | €2,270 | ▼ 67.6% |
| Other amounts payable47/48 | - | - | - | €69 | €2,202 | ▲ 3,087% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,920 | €4 | €11,879 | -€154 | €2,028 | ▲ 1,415% |
| + Depreciation and write-downs630 | - | - | €5,771 | €6,683 | €8,022 | ▲ 20.0% |
| Operating cash flow (approximation) | €8,920 | €4 | €17,651 | €6,529 | €10,050 | ▲ 53.9% |
| Investment in fixed assets (approximation) | - | €0 | -€17,851 | -€10,358 | €0 | ▲ 100% |
| Change in cash | - | €4,531 | -€6,154 | -€1,457 | €1,065 | ▲ 173% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 35 days late
2025
31-12
Financial
Back to profitnet €2,028
Net result €2,028 after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
31-12
Financial
Back to profitnet €8,920
Net result €8,920 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 7.47
Current ratio from 3.52 to 7.47; short-term debt falls from €15,168 to €7,287.
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 48 days late
2020
31-12
Financial
Weakest financial yearnet -€2,613
Net result drops to -€2,613, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Evergem · 1 establishment unit since 2002
Ground area
1,247 m²
Building footprint
169 m²
Volume, LiDAR
892 m³
Parcel 44302E0942/00H000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Schoonstraat 195, 9940 Evergem
since 20022.113.767.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0942/00H000 | Flanders | 1,247 m² | 1 · 169 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 6,203 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-1998
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0462990007
Also
9925:BE0462990007
Registered
03-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.