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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Titanium Ruth Belgium Holdco from Elsene, company number BE0711908140, closed financial year 2025 with a result of € -1.1 million after tax. For that financial year Titanium Ruth Belgium Holdco recorded a gross margin of € -46,389 and equity of € 32.5 million. Compared with financial year 2024, the result moved from € 442,546 to € -1.1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 32.5 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ still € 442,546 profit in 2024
Profit after tax over the fiscal year.
€ 76,579
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
Debts at end 2025
€ 25.9 million
Loans from banks and other lenders, long and short.
€ 14,167
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -49,567 | € -49,220 | € -47,565 | € -46,389 | ▲ € 1,175 |
| Profit after taxes | € 104,454 | € 218,614 | € 442,546 | € -1,085,966 | ▼ € 1.5 million |
| Equity | € 32,876,295 | € 33,094,909 | € 33,537,455 | € 32,451,489 | ▼ 3% |
| Total debts | € 27,294,025 | € 26,458,206 | € 25,962,033 | € 26,995,721 | ▲ 4% |
| Cash | € 144,496 | € 186,381 | € 132,754 | € 76,579 | ▼ 42% |
| Retained profit | € -2,010,905 | € -1,792,291 | € -1,349,745 | € -2,435,711 | ▼ € 1.1 million |
| Bank debt | € 25,943,781 | € 25,943,781 | € 25,943,781 | € 25,943,781 | |
| Balance sheet total | € 60,170,320 | € 59,553,115 | € 59,499,488 | € 59,447,210 |
Key figures of Titanium Ruth Belgium Holdco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Titanium Ruth Belgium Holdco?
What happened at Titanium Ruth Belgium Holdco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IQ EQ Holdings (Belgium) stepped down as director. NBB
- N-BEL stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.1 million (▼ € 1.5 million vs 2024). filed late Source: NBB ↗
- Philip Anthony REDDING stepped down as director. NBB
- IQ EQ Holdings (Belgium) became a director. NBB
- N-BEL became a director. NBB
- Philip Anthony REDDING became a director. NBB
- New establishment in Leuven. KBO
In short
From € 104,454 profit in 2022 to € 1.1 million loss in 2025.
Best year ever: 2024, with € 442,546 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of PANTON KORTENBERG VASTGOED, 100% of RUMST LOGISTICS III, 99% of RUMST LOGISTICS II, 10% of RUMST LOGISTICS and 10% of PAKOBO itself.
Directors
According to the 2025 annual accounts
Philip Anthony REDDING
Director
Also active at: PANTON KORTENBERG VASTGOED, PAKOBO, LCP NIVELLES DC, RUMST LOGISTICS, RUMST LOGISTICS III
since 2022 · until 2025
Director · represented by Laurent DASSONVILLE
Also active at: PANTON KORTENBERG VASTGOED, Wipro CRM Services, PAKOBO, WESLO, Butler Industries Benelux, LAMIBEL, LCP NIVELLES DC, Square du Champ de Mars +13 more
since 2024 · until 2030
Director · represented by Abdelilah AÏT-AHMAD
Also active at: PANTON KORTENBERG VASTGOED, PAKOBO, LAMIBEL, BELLECOM, LCP NIVELLES DC, Square du Champ de Mars, Ravenstein 36, Place Sainte-Gudule 19 +5 more
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Louizalaan 65 box 1
1050 Elsene
Bondgenotenlaan 109
3000 Leuven
Active since 19 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.908.140
- VAT number
- BE 0711.908.140
- Registered office
- Louizalaan 65 bus 1, 1050 Elsene
- Names & denominations
- Titanium Ruth Belgium Holdco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2018
- Peppol
- Not registered