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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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
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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
RUTLAND INVESTMENT from Vorst, company number BE0822539907, closed financial year 2025 with a result of € 7 million after tax. Compared with financial year 2024, the result moved from € -1.7 million to € 7 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 135.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7 million
▲ still € 1.7 million loss in 2024
Profit after tax over the fiscal year.
€ 3.8 million
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 562,303.
Debts at end 2025
€ 2.2 million
▼ 83% vs 2024
Loans from banks and other lenders, long and short.
€ 14,522
▲ € 13,929 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 7 days on average.
€ 3.2 million
▲ € 2.9 million vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -636,718 | - | - | - | |
| Profit after taxes | € -10,502,567 | € 3,810,356 | € -1,681,335 | € 6,974,477 | ▲ € 8.7 million |
| Equity | € 134,608,805 | € 130,419,161 | € 128,737,825 | € 135,712,303 | ▲ 5% |
| Total debts | € 64,778 | € 147,818 | € 13,912,478 | € 6,025,277 | ▼ 57% |
| Cash | € 8,806,392 | € 3,878,548 | € 3,501,924 | € 3,793,180 | ▲ 8% |
| Retained profit | € -8,541,195 | € -4,730,839 | € -6,412,175 | € 562,303 | ▲ € 7 million |
| Bank debt | € 53,691 | € 53,691 | € 13,175,607 | € 2,200,176 | ▼ 83% |
| Balance sheet total | € 134,673,583 | € 130,566,978 | € 142,650,304 | € 141,737,580 | ▼ 1% |
Key figures of RUTLAND INVESTMENT, 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 March 2027.
What happened to RUTLAND INVESTMENT?
What happened at RUTLAND INVESTMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7 million. Source: NBB ↗
- THIERRY HERMANS became a director. NBB
- Benoit HARANG became a director. NBB
- Marie HARANG épouse GRAF ZU ELTZ became a director. NBB
- New establishment in Vorst. KBO
- Start of the company according to the CBE. KBO
In short
From € 10.5 million loss in 2022 to € 7 million profit in 2025.
Paid € 4.8 million in corporate taxes since 2022.
Best year ever: 2025, with € 7 million profit.
Pays suppliers within 7 days on average.
A new publication or filing at RUTLAND INVESTMENT? We notify you, reason included.
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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
Behind RUTLAND INVESTMENT are THIERRY HERMANS, Benoit HARANG and Marie HARANG épouse GRAF ZU ELTZ. THIERRY HERMANS is also behind BELLO, BELCO BUSINESS CENTER AND FACILITIES, IMMO CONCORDE, CORPORATE FAMILY OFFICE BELGIUM and TROPICAL FOREST INVESTMENT.
Directors
According to the 2025 annual accounts
THIERRY HERMANS
Manager
Also active at: BELLO, BELCO BUSINESS CENTER AND FACILITIES, IMMO CONCORDE, CORPORATE FAMILY OFFICE BELGIUM, TROPICAL FOREST INVESTMENT, J.V. BELGIUM, KADI FINANCE
since 2023
Benoit HARANG
Manager
since 2023
Marie HARANG épouse GRAF ZU ELTZ
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Brugmannlaan 147
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →BELLO same network
€ -1,805 gross margin · 2025
BELCO BUSINESS CENTER AND FACILITIES same network
€ 593,562 gross margin · 2024
IMMO CONCORDE same network
€ 8,504 gross margin · 2025
RICHELLE SERVICES
€ 20,092 gross margin · 2025
CORPORATE FAMILY OFFICE INTERNATIONAL
€ -124 gross margin · 2025
+14 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0822.539.907
- VAT number
- BE 0822.539.907
- Registered office
- Brugmannlaan 147, 1190 Vorst
- Names & denominations
- RUTLAND INVESTMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 January 2010
- Peppol
- Not registered