Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ROYALE UNION SAINT-GILLOISE from Vorst, company number BE0417144936, closed financial year 2025 with a result of € 1.8 million after tax. For that financial year ROYALE UNION SAINT-GILLOISE recorded revenue of € 15 million and equity of € 22.1 million. Compared with financial year 2023, the result moved from € 3.9 million to € 1.8 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ 22.1 million
▲ € 17.6 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▼ 54% vs 2023
Profit after tax over the fiscal year.
€ 1.3 million
▼ 22% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -14.8 million.
People and assets in 2025
89.9
▲ 23.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 22.2 million
▲ 2% vs 2023
€ 246,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 69,247
▼ 56% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.2 million
▲ 3% vs 2023
Loans from banks and other lenders, long and short.
€ 8 million
▲ 210% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 153 days on average.
€ 2.5 million
▼ 48% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|
| Revenue | € 8,596,581 | € 13,148,437 | € 15,029,834 | ▲ 14% |
| Profit after taxes | € -4,066,338 | € 3,901,844 | € 1,803,374 | ▼ 54% |
| Equity | € -8,318,359 | € 4,583,485 | € 22,147,052 | ▲ € 17.6 million |
| Total debts | € 20,344,109 | € 14,073,637 | € 32,792,275 | ▲ 133% |
| Cash | € 436,686 | € 1,644,755 | € 1,275,320 | ▼ 22% |
| Land & buildings | € 3,712 | € 823,523 | € 724,721 | ▼ 12% |
| Retained profit | € -36,244,522 | € -32,342,679 | € -14,779,112 | ▲ € 17.6 million |
| Bank debt | € 15,547,845 | € 3,070,000 | € 3,154,000 | ▲ 3% |
| Balance sheet total | € 12,025,750 | € 18,657,122 | € 54,939,328 | ▲ 194% |
| Employees (FTE) | 51.8 | 66.4 | 89.9 | ▲ 23.5 |
Key figures of ROYALE UNION SAINT-GILLOISE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ROYALE UNION SAINT-GILLOISE?
What happened at ROYALE UNION SAINT-GILLOISE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Martine KLUTZ stepped down as director. NBB
- Daniel SPREUTELS stepped down as director. NBB
- Rudolf KERPEN stepped down as director. NBB
- Alex MUZIO stepped down as director. NBB
- Philippe BORMANS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.8 million (▼ 54% vs 2023). Source: NBB ↗
- New establishment in Zaventem. KBO
- Rudolf KERPEN became a director. NBB
In short
From € 4.1 million loss in 2022 to € 1.8 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2023, with € 3.9 million profit.
Pays suppliers within 153 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Langford Holdings Ltd (99.4%).
Directors
According to the 2025 annual accounts
Martine KLUTZ
Director
since 2022 · until 2025
Daniel SPREUTELS
Director
since 2019 · until 2025
Rudolf KERPEN
Director
since 2024 · until 2025
Alex MUZIO
Director
since 2021 · until 2025
Philippe BORMANS
Director
since 2020 · until 2025
Shareholders
Langford Holdings Ltd
99.4%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Brusselse Steenweg 223
1190 Vorst
Quinkenstraat 4
1930 Zaventem
Active since 21 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
OVH, FR
DNS
Cloudflare DNS
Domain
Domain
rusg.brussels
Registered
2016-11-08
Registrar
Key-Systems GmbH
Expires
2026-11-08
Website info
Features
Security
Network
Details
- Company number
- 0417.144.936
- VAT number
- BE 0417.144.936
- Registered office
- Brusselse Steenweg 223, 1190 Vorst
- Names & denominations
- ROYALE UNION SAINT-GILLOISE · R.U.S.G.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 December 1976
- Peppol
- Active · Active since 15 Sept 2025
- Contact
- rusg.brussels [email protected] 025440316
- Activities · NACE
Activiteiten van voetbalclubs
Activiteiten van sportclubs en -bonden
Beheer en exploitatie van sportcentra
Exploitatie van sportaccommodaties