Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RUBCO from Oudsbergen, company number BE0420070871, closed financial year 2025 with a result of € 2,616 after tax. For that financial year RUBCO recorded a gross margin of € 320,438 and equity of € 187,734. Compared with financial year 2024, the result moved from € -21,297 to € 2,616. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 26, 2026.
€ 187,734
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,616
▲ still € 21,297 loss in 2024
Profit after tax over the fiscal year.
€ 46,597
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 113,026.
People and assets in 2025
2.9
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 156,592
▼ 4% vs 2024
€ 54,000 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.
€ 9,498
▼ 49% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 760,633
▼ 9% vs 2024
€ 72,097 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 104,020
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,401
▲ 94% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 267,250 | € 255,352 | € 285,652 | € 320,438 | ▲ 12% |
| Profit after taxes | € -15,349 | € -32,290 | € -21,297 | € 2,616 | ▲ € 23,913 |
| Equity | € 238,911 | € 206,518 | € 185,118 | € 187,734 | ▲ 1% |
| Total debts | € 1,181,166 | € 1,252,833 | € 1,165,300 | € 1,100,506 | ▼ 6% |
| Cash | € 60,944 | € 57,897 | € 46,513 | € 46,597 | |
| Land & buildings | € 449,128 | € 413,801 | € 378,474 | € 343,147 | ▼ 9% |
| Retained profit | € 163,996 | € 131,706 | € 110,409 | € 113,026 | ▲ 2% |
| Bank debt | € 834,689 | € 888,216 | € 834,114 | € 760,633 | ▼ 9% |
| Balance sheet total | € 1,430,795 | € 1,470,068 | € 1,361,136 | € 1,298,959 | ▼ 5% |
| Employees (FTE) | 3.9 | 2.8 | 2.7 | 2.9 | ▲ 0.2 |
Key figures of RUBCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RUBCO?
What happened at RUBCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,616. filed late Source: NBB ↗
- Sigrid GERITS became a director. NBB
- Serge GERITS became a director. NBB
- Clement GERITS became a director. NBB
- New establishment in Oudsbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,349 loss in 2022 to € 2,616 profit in 2025.
Paid € 15,600 in corporate taxes since 2022.
Best year ever: 2025, with € 2,616 profit.
On average € 110,500 of value added per employee in 2025.
Management
The stake of SIRTITUDE, SERVIVO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RUBCOBehind RUBCO are Sigrid GERITS, Serge GERITS and Clement GERITS. The shares are held by SIRTITUDE (44.8%) and SERVIVO (44.8%).
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidslaan 1553
3660 Oudsbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0420.070.871
- VAT number
- BE 0420.070.871
- Registered office
- Nijverheidslaan 1553, 3660 Oudsbergen
- Names & denominations
- RUBCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 1980
- Peppol
- Active · Active since 17 Jun 2025
- Activities · NACE
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