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 46 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RUVAR from Pittem, company number BE0458103284, closed financial year 2025 with a result of € -94,433 after tax. For that financial year RUVAR recorded a gross margin of € 149,466 and equity of € 136,456. Compared with financial year 2024, the result moved from € 34,728 to € -94,433. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 136,456
▼ 41% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -94,433
▼ still € 34,728 profit in 2024
Profit after tax over the fiscal year.
€ 30,780
▲ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 117,856.
People and assets in 2025
2
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 143,029
▲ 72% vs 2024
€ 71,500 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.
€ 325,751
▲ € 283,912 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 423,233
▲ 134% vs 2024
€ 94,265 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 94,272
▼ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,831
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 258,627 | € 128,620 | € 193,418 | € 149,466 | ▼ 23% |
| Profit after taxes | € 88,775 | € -112,485 | € 34,728 | € -94,433 | ▼ € 129,161 |
| Equity | € 308,647 | € 196,161 | € 230,889 | € 136,456 | ▼ 41% |
| Total debts | € 525,799 | € 446,777 | € 363,406 | € 568,615 | ▲ 56% |
| Cash | € 463 | € 15,693 | € 22,610 | € 30,780 | ▲ 36% |
| Retained profit | € 290,047 | € 177,561 | € 212,289 | € 117,856 | ▼ 44% |
| Bank debt | € 308,095 | € 226,613 | € 180,547 | € 423,233 | ▲ 134% |
| Balance sheet total | € 834,446 | € 642,939 | € 594,295 | € 705,071 | ▲ 19% |
| Employees (FTE) | 2 | 1.9 | 1.3 | 2 | ▲ 0.7 |
Key figures of RUVAR, 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 RUVAR?
What happened at RUVAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 94,433 (▼ € 129,161 vs 2024). filed late Source: NBB ↗
- New establishment in Pittem. KBO
- Start of the company according to the CBE. KBO
In short
From € 88,775 profit in 2022 to € 94,433 loss in 2025.
Paid € 7,774 in corporate taxes since 2022.
Best year ever: 2022, with € 88,775 profit.
On average € 74,700 of value added per employee in 2025.
Management
Behind RUVAR are Eveline Verstraete and Henk Ally.
Directors
According to the 2025 annual accounts
Eveline Verstraete
Director
Henk Ally
Director
Establishments
Establishment units
Physical locations of this company
Vijfstraat 14 BIS
8740 Pittem
Vijfstraat 14 box bis
8740 Pittem
Active since 2 September 1996
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.103.284
- VAT number
- BE 0458.103.284
- Registered office
- Vijfstraat 14 BIS, 8740 Pittem
- Names & denominations
- RUVAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1996
- Peppol
- Active · Active since 1 Sept 2025
- Activities · NACE
Goederenvervoer over de weg
Ondersteunende activiteiten in verband met de veeteelt
Gemengd bedrijf
Gemengd landbouwbedrijf