DEVISSCHER RUBEN · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of DEVISSCHER RUBEN is 3.4% (moderate). The 2025 annual accounts show equity of €176k and a net result of €48k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 1080 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Signals

3 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 91% of 1080 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Growing equity

Equity grew over 2023-2025. Profits are largely retained rather than distributed.

View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 3 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-06-2025	31-01-2026	07-01-2026	24 d early	2026-00004536
30-06-2024	31-01-2025	27-12-2024	35 d early	2024-00628413
30-06-2023	31-01-2024	03-01-2024	28 d early	2024-00543225

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

3.4% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Young company +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€48k-29.0%

Working capital€126k+30.5%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 07-01-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~45.2%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	75.4%	25.9%	better than 91% of 1080 sector peers
Net result	€48k	€7k	better than 86% of 1081 sector peers
Equity	€176k	€23k	better than 92% of 1083 sector peers
Gross operating margin	€84k	€64k	better than 58% of 1077 sector peers
Total assets	€233k	€109k	better than 76% of 1080 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P91

Improving position over 2023-2025 · n=1080-5615

Net result P86

Stable position over 2023-2025 · n=1081-5603

Equity P92

Stable position over 2023-2025 · n=1083-5626

Gross operating margin P58

Stable position over 2023-2025 · n=1077-5589

Describes the position versus peers, not a forecast.

EBITDA

€84k

-22.4% 23-25

Net profit

€48k

-29.0% 23-25

Cash flow

€70k

-20.2% 23-25

Total assets

€233k

+17.3% 23-25

Equity

€176k

+37.5% 23-25

Working capital

€126k

+30.5% 23-25

Staff costs

€1k

- 23-25

Income taxes

€12k

-31.0% 23-25

Debt

€57k

-19.1% 23-25

Debt ≤ 1y

€45k

+3.2% 23-25

Debt > 1y

€12k

-53.7% 23-25

Current ratio

3.79

+18.2% 23-25

Quick ratio

3.50

+17.2% 23-25

Solvency

75.4%

+17.2% 23-25

Debt / equity

0.33

-41.1% 23-25

ROE

27.3%

-48.4% 23-25

ROA

20.6%

-39.5% 23-25

Interest coverage

40.67

-2.6% 23-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€84k
Net profit	€48k
Cash flow	€70k
Staff costs	-
Income taxes	€12k
Dividends	-
Total assets	€233k
Equity	€176k
Debt	€57k
of which ≤ 1y	€45k
of which > 1y	€12k
Working capital	€126k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	3.79
Quick ratio	3.50
Working capital ratio	54.3%
Solvency	75.4%
Debt / equity	0.33
Long-term debt ratio	0.07
Interest coverage	40.67
Gross margin	-
Net margin	-
ROA	20.6%
ROE	27.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €61k · 26.3% Current assets €172k · 73.7%

Equity & liabilities

Equity €176k · 75.4% Debt €57k · 24.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€233k
Fixed assets	21/28	€61k
Tangible fixed assets	22/27	€61k
Current assets	29/58	€172k
Stocks & contracts in progress	3	€13k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€156k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€233k
Equity	10/15	€176k
Contributions / capital	10/11	€1k
Reserves	13	€175k
Amounts payable	17/49	€57k
Amounts payable after one year	17	€12k
Amounts payable within one year	42/48	€45k
Trade debts payable within one year	44	€13k
Income statement
Gross operating margin	9900	€84k
Operating result	9901	€61k
Financial income	75	€631
Financial charges	65	€2k
Result before taxes	9903	€60k
Income taxes	67/77	€12k
Net result for the period	9904	€48k
Result to be appropriated	9905	€48k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

93 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

Flitser Ellie
Director
State Gazette act 23156897 (07-12-2023)

Current
15-11-2023 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden(56112)
Legal form	Private limited company(610)
Incorporation	25-02-2022
Status	Active
Postal code	8480

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

DEVISSCHER RUBEN

Engelstraat(ICH) 32, 8480 IchtegemEetgelegenheden met beperkte bediening

since 20222.328.286.050

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area314 m²

Buildings1

Building footprint196 m²

Volume (LiDAR)1,164 m³

Tallest building8.9 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
35006B0544/02L000	Flanders	314 m²	1 · 196 m²	8.9 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2023

07-12-2023 Flitser Ellie appointed as director Director changes

Flitser Ellie, Bestuurder

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93

Profitability 100

Solvency 100

Growth 52

Stability 94

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works