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 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RUCO from Zulte, company number BE0434895342, closed financial year 2025 with a result of € 11.9 million after tax. For that financial year RUCO recorded revenue of € 2.2 million and equity of € 214.8 million. Compared with financial year 2024, the result moved from € 16 million to € 11.9 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 August 28, 2026.
€ 214.8 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11.9 million
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 697,289
▼ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 205 million.
People and assets in 2025
6.7
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 794,448
▲ 15% vs 2024
€ 118,600 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.
€ 15,030
▼ 29% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 75,530
▲ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 42 days on average.
€ 155,632
▼ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,634,167 | € 1,944,605 | € 1,864,112 | € 2,180,823 | ▲ 17% |
| Profit after taxes | € 16,586,896 | € 12,004,618 | € 16,020,793 | € 11,895,330 | ▼ 26% |
| Equity | € 173,212,080 | € 186,058,698 | € 202,921,491 | € 214,816,820 | ▲ 6% |
| Total debts | € 41,493,528 | € 42,433,117 | € 12,895,328 | € 11,778,513 | ▼ 9% |
| Cash | € 1,273,167 | € 542,636 | € 839,718 | € 697,289 | ▼ 17% |
| Retained profit | € 163,412,080 | € 176,258,698 | € 193,121,491 | € 205,016,820 | ▲ 6% |
| Balance sheet total | € 214,705,607 | € 228,491,816 | € 215,816,819 | € 226,595,333 | ▲ 5% |
| Employees (FTE) | 5.9 | 6.6 | 6.6 | 6.7 | ▲ 0.1 |
Key figures of RUCO, 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 RUCO?
What happened at RUCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harold Van Parys stepped down as director. NBB
- Emmanuel Van Parys stepped down as director. NBB
- Renaat Van Parys stepped down as director. NBB
- Christophe Van Parys stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 11.9 million (▼ 26% vs 2024). filed late Source: NBB ↗
- Harold Van Parys became a director. NBB
- Emmanuel Van Parys became a director. NBB
- Renaat Van Parys became a director. NBB
In short
From € 16.6 million profit in 2022 to € 11.9 million profit in 2025.
Paid € 2.9 million in corporate taxes since 2022.
Best year ever: 2022, with € 16.6 million profit.
Pays suppliers within 42 days on average.
Management
It owns 100% of SOBINCO, 100% of AIRPORT PROJECTS S.P., 100% of R.E. VAN PARYS and 49.7% of STA SOCIEDADE TRANSFORMADORA DE ALUMINOS itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Waregemstraat 72
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.895.342
- VAT number
- BE 0434.895.342
- Registered office
- Waregemstraat 72, 9870 Zulte
- Names & denominations
- RUCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 July 1988
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Markt- en opinieonderzoek
Overige adviesbureaus op het gebied van bedrijfsvoering en beheer
Holdings
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
+2