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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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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
No Rules Great Scotch from Habay, company number BE0805911929, closed financial year 2025 with a result of € -13,480 after tax. For that financial year No Rules Great Scotch recorded a gross margin of € 17,969 and equity of € -23,294. Compared with financial year 2024, the result moved from € -14,814 to € -13,480. 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 July 28, 2026.
€ -23,294
▼ € 13,480 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,480
▲ 9 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,225
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,294.
Debts at end 2025
€ 395,931
▲ 11% vs 2024
€ 14,559 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 13,455 | € 17,969 | ▲ 34% |
| Profit after taxes | € -14,814 | € -13,480 | ▲ € 1,334 |
| Equity | € -9,814 | € -23,294 | ▼ € 13,480 |
| Total debts | € 436,194 | € 480,931 | ▲ 10% |
| Cash | € 8,195 | € 1,225 | ▼ 85% |
| Land & buildings | € 338,741 | € 328,716 | ▼ 3% |
| Retained profit | € -14,814 | € -28,294 | ▼ € 13,480 |
| Bank debt | € 356,429 | € 395,931 | ▲ 11% |
| Balance sheet total | € 426,380 | € 457,637 | ▲ 7% |
Key figures of No Rules Great Scotch, fiscal years 2024 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 No Rules Great Scotch?
What happened at No Rules Great Scotch in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,480. Source: NBB ↗
- New establishment in Habay. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,814 loss in 2024 to € 13,480 loss in 2025.
Establishments
Establishment units
Physical locations of this company
Rue du Vivier,H.-la-V. 66
6723 Habay
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
- 0805.911.929
- VAT number
- BE 0805.911.929
- Registered office
- Rue du Vivier,H.-la-V. 66, 6723 Habay
- Names & denominations
- No Rules Great Scotch · NRGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 September 2023
- Peppol
- Not registered
- Contact
- [email protected] +32499261099