WAYS-RUART

Active

Public limited companyfounded 1994active for 32 yearsRuart 1, 1474 Genappe, BelgiumKBO/BCE: BE 0452.244.187

Summary

For WAYS-RUART, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €4.4m and a net result of -€71,360. Equity is growing by about 6.6% per year across the filed financial years. Its solvency ranks better than 95% of 407 sector peers (NACE 02, financial year 2024). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

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WAYS-RUARTActive

Risk analysis Report Compare

Activity

Forestry and logging

NACE 02100Property management for co-owned buildings (syndics) NACE 68321

Largest company by equity in Genappe, Agriculture, forestry and fishing sector1 site

Size

≈ €340,000turnover 2024, estimated

Staff: 1 FTE
Equity: €4.4m
Loss: -€71,360

Turnover estimated from the gross marginEquity +66%: capital increase

Financial health

Bankruptcy probabilitywithin 12 months: 1.0%

2024 figures too old to score

Structure

Cornet de Ways-Ruart ArthurDirector
Cornet de Ways-Ruart PaulManaging director
Haulot TatianaDirector

2025 accounts not filed, 183 days past the deadline3 of 12 deeds summarised

Signalsraises riskFigures for financial year 2024 (filed 25-04-2025)Liquidity: current ratio 1.44, cash €10,135, halvedAnnual accounts not filedlowers riskSector: Forestry and logging (NACE 02)Equity €4.4m (99.0% of total assets)neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Strong

Solvency 100=

equity 99.0% of total assets

Liquidity 50-1

short-term debt 1.0% · cash 0.2%

Profitability 67+56

return on assets -1.6%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (99 companies, NACE 02, small)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%▲ +0.2 percentage points vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.4 percentage points vs 09-2026highest value

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 25-04-2025)

NBB · annual accounts

Liquidity: current ratio 1.44, cash €10,135, halved

NBB · annual accounts

Sector: Forestry and logging (NACE 02)

KBO

Equity €4.4m (99.0% of total assets)

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 183 days later.

NBB · 10 filings

Position against the passed deadline

30-09-2025 year end30-04-2026 deadline30-10-2026 today

Latest accounts filed on time

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 23-04-2025, 7 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

7 days early

2023

97 days early

2022

16 days early

2021

9 days late

2020

53 days early

2019

91 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 43 days before the deadline; the sector median (NACE 02) for financial year 2024 is 6 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

20-11-2025 Appointment: Cornet de Ways-Ruart Paul (managing…Gazette deed
23-04-2025 Annual accounts filedfinancial year 2024 · micro…
30-09-2024 Liquidity more than 5 timescurrent ratio 1.44

Key points

Risk: 2025 accounts not fileddeadline was 30-04-2026 183 days past the deadline View
Risk: 6 loss-making years in a rowloss financial year 2024 -€71,360 View
Caution: Among the weakest 7% on net resultsector median €4,778 · 407 companies -€71,360 View
Positive: Equity rose in 2024capital increase ▲ 66.0% View

By topic

Financials

Financial year: 2024
Total assets: €4.4m
Loss: -€71,360
Solvency: 99.0%

Total assets▲ 50.8%

Net result

20192024

Go to Financials

Board & ownership

Board: 3 members

Cornet de Ways-Ruart ArthurDirector
Cornet de Ways-Ruart PaulManaging director
Haulot TatianaDirector

Go to Board & ownership

Timeline

Events: 37
Since: 1995

03-07-2024Capital & shares
23-02-2024Reappointments: Cornet de Ways-Ruart Paul, Haulot Tatiana…
24-01-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Forestry and loggingNACE 02100
Founded: 28-02-1994
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 2

Purpose: “Toutes opérations généralement quelconques, commerciales, industrielles ou financières…” (deed in French)

Go to Articles of association

Key facts about WAYS-RUART

What is the company number of WAYS-RUART?: 0452.244.187. In Belgium the VAT number is the company number with BE in front: BE 0452.244.187.
Where is WAYS-RUART based?: The registered office is at Ruart 1, 1474 Genappe.Company details
What does WAYS-RUART do?: According to the KBO register, the main activity is forestry and logging (NACE 02100).
What is the legal form of WAYS-RUART?: Public limited company (NV).
When was WAYS-RUART founded?: On 28-02-1994.
Is WAYS-RUART still active?: Yes, WAYS-RUART is an active enterprise in the KBO register.
How many employees does WAYS-RUART have?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of WAYS-RUART?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is WAYS-RUART profitable?: In financial year 2024, WAYS-RUART made a loss of €71,360.
Where can I find the annual accounts of WAYS-RUART?: WAYS-RUART filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.