Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RULE 11 from Gent, company number BE0673549885, closed financial year 2025 with a result of € -4,605 after tax. For that financial year RULE 11 recorded revenue of € 10,934 and equity of € -14,532. Compared with financial year 2024, the result moved from € 25,334 to € -4,605. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 24, 2025.
€ -14,532
▼ € 4,605 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,605
▼ still € 25,334 profit in 2024
Profit after tax over the fiscal year.
€ 6,830
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -20,732.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 474
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,050 | € 57,317 | € 10,934 | ▼ 81% |
| Gross margin | € -135 | € -1,211 | € 27,128 | € -3,298 | ▼ € 30,427 |
| Profit after taxes | € -3,528 | € -2,970 | € 25,334 | € -4,605 | ▼ € 29,939 |
| Equity | € -32,292 | € -35,261 | € -9,927 | € -14,532 | ▼ € 4,605 |
| Total debts | € 43,332 | € 44,655 | € 25,542 | € 24,591 | ▼ 4% |
| Cash | € 9,456 | € 6,750 | € 8,981 | € 6,830 | ▼ 24% |
| Retained profit | € -38,492 | € -41,461 | € -16,127 | € -20,732 | ▼ € 4,605 |
| Balance sheet total | € 11,041 | € 9,394 | € 15,614 | € 10,059 | ▼ 36% |
Key figures of RULE 11, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to RULE 11?
What happened at RULE 11 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,605 (▼ € 29,939 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,528 loss in 2022 to € 4,605 loss in 2025.
Best year ever: 2024, with € 25,334 profit.
Establishments
Establishment units
Physical locations of this company
Eendrachtstraat 29
9000 Gent
Sint-Baafsplein 10
9000 Gent
Active since 27 March 2017
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
- 0673.549.885
- VAT number
- BE 0673.549.885
- Registered office
- Eendrachtstraat 29, 9000 Gent
- Names & denominations
- RULE 11
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 March 2017
- Peppol
- Active · Active since 11 Oct 2025
- Activities · NACE
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