What does Rubaco Development do?

Rubaco Development is registered with the CBE as active in: Ontwikkeling van residentiële bouwprojecten. Private Limited, started on 8 June 1989, 1 establishment.

What is the address of Rubaco Development?

The registered office of Rubaco Development is located at Duwijckstraat 17, 2500 Lier.

Is Rubaco Development still active?

Yes. According to the CBE (29 October 2026) Rubaco Development is active, legal situation “Normale toestand”, started on 8 June 1989.

Is Rubaco Development registered on Peppol?

Yes, Rubaco Development is registered on the Peppol network with ID 0208:0437562050.

What is the enterprise number of Rubaco Development?

The enterprise number of Rubaco Development is BE0437562050.

When was Rubaco Development founded?

Rubaco Development was founded on 8 June 1989.

Who owns Rubaco Development?

The shares are held by Fimaco Consultancy (50%).

Is Rubaco Development a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 June 1989; 4 annual accounts filed, latest fiscal year 2024.

How much profit did Rubaco Development make in 2024?

Rubaco Development recorded a loss after taxes of € 15,294 in financial year 2024.

What is the revenue of Rubaco Development?

As a small company, Rubaco Development is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 16,982.

Rubaco Development (Private Limited) - Lier

Dossier Rubaco Development, printed on 29 October 2026 from databakkes.be/en/0437562050/rubaco-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 32 % of short-term debt in 2024; threshold 65 %.
Busy address KBO

53 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2024

Rubaco Development from Lier, company number BE0437562050, closed financial year 2024 with a result of € -15,294 after tax. For that financial year Rubaco Development recorded a gross margin of € 16,982 and equity of € 297,277. Compared with financial year 2023, the result moved from € 47,977 to € -15,294. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.

What it is worth Healthy

€ 297,277

▼ 5% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -15,294

▼ still € 47,977 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 323,287

▲ € 306,459 vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 278,685.

People and assets in 2024

Wage cost

€ 7,880

▲ 223% vs 2023

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 18,817

▼ 28% vs 2023

Of which on lease € 16,963.

Debts at end 2024

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1 million

▲ 4% vs 2023

€ 67,348 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 171,044

▼ 2% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 23,426

▲ 3% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 230,742 Gross margin 2021: € 230,742 First fiscal year in the series	€ 160,586 Gross margin 2022: € 160,586 ▼ 30% vs 2021 (€ 230,742) Unfavourable step	€ 77,781 Gross margin 2023: € 77,781 ▼ 52% vs 2022 (€ 160,586) Unfavourable step	€ 16,982 Gross margin 2024: € 16,982 ▼ 78% vs 2023 (€ 77,781) Unfavourable step	▼ 78%
Profit after taxes	€ 172,223 Profit after taxes 2021: € 172,223 First fiscal year in the series	€ 108,335 Profit after taxes 2022: € 108,335 ▼ 37% vs 2021 (€ 172,223) Unfavourable step	€ 47,977 Profit after taxes 2023: € 47,977 ▼ 56% vs 2022 (€ 108,335) Unfavourable step	€ -15,294 Profit after taxes 2024: € -15,294 ▼ € 63,271 vs 2023 (€ 47,977) Unfavourable step	▼ € 63,271
Equity	€ 156,260 Equity 2021: € 156,260 First fiscal year in the series	€ 264,595 Equity 2022: € 264,595 ▲ 69% vs 2021 (€ 156,260) Favourable step	€ 312,572 Equity 2023: € 312,572 ▲ 18% vs 2022 (€ 264,595) Favourable step	€ 297,277 Equity 2024: € 297,277 ▼ 5% vs 2023 (€ 312,572) Unfavourable step	▼ 5%
Total debts	€ 496,106 Total debts 2021: € 496,106 First fiscal year in the series	€ 1,644,970 Total debts 2022: € 1,644,970 ▲ 232% vs 2021 (€ 496,106) Unfavourable step	€ 1,284,909 Total debts 2023: € 1,284,909 ▼ 22% vs 2022 (€ 1,644,970) Favourable step	€ 1,874,662 Total debts 2024: € 1,874,662 ▲ 46% vs 2023 (€ 1,284,909) Unfavourable step	▲ 46%
Cash	€ 66,200 Cash 2021: € 66,200 First fiscal year in the series	€ 21,658 Cash 2022: € 21,658 ▼ 67% vs 2021 (€ 66,200) Unfavourable step	€ 16,828 Cash 2023: € 16,828 ▼ 22% vs 2022 (€ 21,658) Unfavourable step	€ 323,287 Cash 2024: € 323,287 ▲ € 306,459 vs 2023 (€ 16,828) Favourable step	▲ € 306,459
Retained profit	€ 137,668 Retained profit 2021: € 137,668 First fiscal year in the series	€ 246,003 Retained profit 2022: € 246,003 ▲ 79% vs 2021 (€ 137,668) Favourable step	€ 293,980 Retained profit 2023: € 293,980 ▲ 20% vs 2022 (€ 246,003) Favourable step	€ 278,685 Retained profit 2024: € 278,685 ▼ 5% vs 2023 (€ 293,980) Unfavourable step	▼ 5%
Bank debt	€ 242,333 Bank debt 2021: € 242,333 First fiscal year in the series	€ 1,263,925 Bank debt 2022: € 1,263,925 ▲ € 1 million vs 2021 (€ 242,333) Unfavourable step	€ 973,782 Bank debt 2023: € 973,782 ▼ 23% vs 2022 (€ 1,263,925) Favourable step	€ 1,008,509 Bank debt 2024: € 1,008,509 ▲ 4% vs 2023 (€ 973,782) Unfavourable step	▲ 4%
Balance sheet total	€ 652,366 Balance sheet total 2021: € 652,366 First fiscal year in the series	€ 1,909,565 Balance sheet total 2022: € 1,909,565 ▲ 193% vs 2021 (€ 652,366) Unchanged	€ 1,597,481 Balance sheet total 2023: € 1,597,481 ▼ 16% vs 2022 (€ 1,909,565) Unchanged	€ 2,171,939 Balance sheet total 2024: € 2,171,939 ▲ 36% vs 2023 (€ 1,597,481) Unchanged	▲ 36%

Key figures of Rubaco Development, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to Rubaco Development?

What happened at Rubaco Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 8, 2025 New annual accounts for financial year 2024: loss of € 15,294 (▼ € 63,271 vs 2023). filed late Source: NBB ↗
Jun 20, 1989 New establishment in Lier. KBO
Jun 8, 1989 Start of the company according to the CBE. KBO

In short

From € 172,223 profit in 2021 to € 15,294 loss in 2024.

Paid € 94,503 in corporate taxes since 2021.

Best year ever: 2021, with € 172,223 profit.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Duwijckstraat 17

2500 Lier

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0437.562.050

VAT number

BE 0437.562.050

Registered office

Duwijckstraat 17, 2500 Lier

Names & denominations

Rubaco Development

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

8 June 1989

Peppol

Active · Active since 18 Dec 2025

Activities · NACE

Ontwikkeling van residentiële bouwprojecten

Handel in eigen onroerend goed

View on CBE Public ↗ Annual accounts (NBB) ↗