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 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RUNICO from Lichtervelde, company number BE0438785438, closed financial year 2025 with a result of € 553,946 after tax. For that financial year RUNICO recorded a gross margin of € 2.9 million and equity of € 412,167. Compared with financial year 2024, the result moved from € 725,719 to € 553,946. The company is profitable. 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 April 20, 2026.
€ 412,167
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 553,946
▼ 24% vs 2024
Profit after tax over the fiscal year.
€ 416,481
▲ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 538,000 paid out
97 % of the profit went to the shareholders, mostly to LT-INVEST (50 % of the shares). That is where the money ends up.
People and assets in 2025
35.9
▲ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.8 million
▲ 10% vs 2024
€ 48,800 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.
€ 45,532
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.2 million
▼ 6% vs 2024
€ 136,343 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 967,670
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 351,406
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,919,105 | € 2,554,021 | € 2,570,102 | € 2,863,462 | ▲ 11% |
| Profit after taxes | € 392,551 | € 751,869 | € 725,719 | € 553,946 | ▼ 24% |
| Equity | € 340,633 | € 356,502 | € 396,221 | € 412,167 | ▲ 4% |
| Total debts | € 1,265,179 | € 1,464,598 | € 3,281,376 | € 3,089,819 | ▼ 6% |
| Cash | € 931,403 | € 622,262 | € 277,643 | € 416,481 | ▲ 50% |
| Land & buildings | € 4,469 | € 1,219 | € 0 | - | |
| Retained profit | € 315,633 | € 331,502 | € 371,221 | € 387,167 | ▲ 4% |
| Dividend | € 603,067 | € 736,000 | € 686,000 | € 538,000 | ▼ 22% |
| Bank debt | € 113,584 | € 85,584 | € 1,307,584 | € 1,226,799 | ▼ 6% |
| Balance sheet total | € 1,605,812 | € 1,821,101 | € 3,677,597 | € 3,501,986 | ▼ 5% |
| Employees (FTE) | 33.6 | 33.7 | 34.2 | 35.9 | ▲ 1.7 |
Key figures of RUNICO, 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 May 2027.
What happened to RUNICO?
What happened at RUNICO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 553,946 (▼ 24% vs 2024). Source: NBB ↗
- LIVECO INVEST BV became a director. NBB
- LT-INVEST BV became a director. NBB
- New establishment in Lichtervelde. KBO
- Start of the company according to the CBE. KBO
In short
From € 392,551 profit in 2022 to € 553,946 profit in 2025.
Paid € 715,013 in corporate taxes since 2022.
Best year ever: 2023, with € 751,869 profit.
On average € 79,800 of value added per employee in 2025.
Management
The stake of LT-INVEST, Liveco Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
RUNICOBehind RUNICO are LIVECO INVEST BV and LT-INVEST BV. The shares are held by LT-INVEST (50%) and Liveco Invest (50%).
Directors
According to the 2025 annual accounts
since 2019
Director · represented by DEZEURE LIEN
Also active at: DEN BOONAKKER, KAASBOERDERIJ DE MOERENAAR, SPAR V, LICHTIM
since 2019
Shareholders
50%
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Statiestraat 69
8810 Lichtervelde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0438.785.438
- VAT number
- BE 0438.785.438
- Registered office
- Statiestraat 69, 8810 Lichtervelde
- Names & denominations
- RUNICO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1989
- Peppol
- Active · Active since 2 May 2024
- Activities · NACE
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