ACTIVE

RULS

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Financial year 2025 · closed on 31/12/2025

Net result

16 k €

+71.8% YoY

Revenue

233,1 k €

+8.3% YoY

Equity

302,5 k €

-4.1% YoY

What does RULS do?

RULS is a Private limited company incorporated in 2004. Its main activity is: Wholesale of textiles. Its registered office is in Liège.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0863.288.518

Incorporation

09/02/2004

Legal form

Private limited company

Registered office

Bld de Douai 16
4020 Liège · WallonieSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

46412Wholesale of textiles· main 46412Wholesale of textiles 51410Air transport 46494Wholesale of other household goods 46494Wholesale of other household goods 47714Retail sale of clothing in specialised stores+3

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	233,1 k €	+8.3%	215,3 k €	-0.8%	217 k €	-10.2%	241,6 k €	+3.9%	232,5 k €	+1.7%	228,6 k €	-17.1%	275,7 k €	+3.7%	265,9 k €	-4.7%	279 k €	+0.3%	278,2 k €	-16.6%	333,5 k €	+18.5%	281,4 k €	+20.3%	233,9 k €	+10.1%	212,6 k €	+13.0%	188,1 k €	-13.4%	217,3 k €	+13.0%	192,2 k €	-1.4%	195 k €	-8.4%	213 k €	+91.4%	111,3 k €
EBITDA	24,1 k €	+65.8%	14,5 k €	+768%	1,7 k €	-94.0%	27,8 k €	-15.2%	32,8 k €	-4.4%	34,3 k €	-30.7%	49,5 k €	+70.5%	29 k €	-40.2%	48,6 k €	+18.4%	41 k €	-37.2%	65,3 k €	+20.1%	54,3 k €	+90.5%	28,5 k €	-2.6%	29,3 k €	+15.6%	25,3 k €	+38.2%	18,3 k €	-41.6%	31,4 k €	+35.3%	23,2 k €	-15.8%	27,6 k €	+211%	8,9 k €
Operating result	20,7 k €	+80.3%	11,5 k €	+831%	-1,6 k €	-106%	26 k €	-18.5%	31,9 k €	-6.0%	34 k €	-31.2%	49,4 k €	+229%	15 k €	-56.3%	34,4 k €	+28.2%	26,8 k €	-47.6%	51,2 k €	+27.8%	40 k €	+44.0%	27,8 k €	+52.1%	18,3 k €	+27.0%	14,4 k €	+94.6%	7,4 k €	-63.8%	20,4 k €	-8.6%	22,4 k €	-9.4%	24,7 k €	+312%	6 k €
Net result	16 k €	+71.8%	9,3 k €	+56158%	16,6 €	-99.9%	18,1 k €	-21.0%	23 k €	+0.2%	22,9 k €	-23.4%	29,9 k €	+173%	11 k €	-52.5%	23,1 k €	+26.2%	18,3 k €	-45.0%	33,2 k €	+21.5%	27,3 k €	+34.7%	20,3 k €	+41.2%	14,4 k €	+30.8%	11 k €	+159%	4,2 k €	-54.5%	9,3 k €	-44.1%	16,7 k €	+9.6%	15,2 k €	+277%	4 k €
Balance sheet
Equity	302,5 k €	-4.1%	315,5 k €	+3.0%	306,2 k €	+0.0%	306,1 k €	+6.3%	288 k €	+8.7%	265 k €	+9.5%	242,1 k €	+14.1%	212,2 k €	+5.4%	201,2 k €	+12.9%	178,2 k €	+11.4%	159,9 k €	+26.2%	126,7 k €	+27.5%	99,3 k €	+25.7%	79 k €	+22.2%	64,7 k €	+20.5%	53,7 k €	+8.6%	49,4 k €	+23.3%	40,1 k €	+71.6%	23,4 k €	+188%	8,1 k €
Total assets	348,1 k €	+0.4%	346,8 k €	+0.9%	343,9 k €	-0.3%	345 k €	+3.5%	333,2 k €	+6.6%	312,7 k €	+11.7%	280 k €	+10.0%	254,6 k €	-3.0%	262,4 k €	+10.1%	238,3 k €	-1.5%	241,9 k €	+1.3%	238,7 k €	+74.8%	136,6 k €	+23.3%	110,8 k €	+4.2%	106,3 k €	+6.8%	99,5 k €	-1.6%	101,1 k €	+78.6%	56,6 k €	-1.4%	57,4 k €	+120%	26,2 k €
Cash	29,4 k €	+49.8%	19,6 k €	-23.2%	25,5 k €	+45.5%	17,5 k €	+2.2%	17,2 k €	-76.3%	72,4 k €	-9.5%	80 k €	+5.6%	75,8 k €	+1.1%	74,9 k €	+29.6%	57,8 k €	+6.3%	54,4 k €	-10.6%	60,9 k €	+57.2%	38,7 k €	+112%	18,3 k €	+22.3%	15 k €	+249%	4,3 k €	-89.0%	39 k €	+5.0%	37,1 k €	+5.1%	35,3 k €	+256%	9,9 k €
Debts	45,6 k €	+45.3%	31,3 k €	-16.8%	37,7 k €	-2.9%	38,8 k €	-14.2%	45,2 k €	-5.2%	47,7 k €	+25.9%	37,9 k €	-10.6%	42,4 k €	-30.7%	61,2 k €	+1.8%	60,1 k €	-26.7%	82 k €	-26.8%	112,1 k €	+201%	37,2 k €	+17.3%	31,7 k €	-23.8%	41,7 k €	-9.1%	45,9 k €	-11.3%	51,7 k €	+212%	16,5 k €	-51.4%	34,1 k €	+88.8%	18,1 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

STEVE RULEAU

Manager · since 04 février 2004

Active

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2026	06/08/2025	26/07/2024	24/08/2023	30/08/2022	08/07/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	04/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	26/06/2026	French	PDF
Abridged model	31/12/2024	06/06/2025	06/08/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	26/07/2024	French	PDF
Abridged model	31/12/2022	02/06/2023	24/08/2023	French	PDF
Abridged model	31/12/2021	03/06/2022	30/08/2022	French	PDF
Abridged model	31/12/2020	04/06/2021	08/07/2021	French	PDF
Abridged model	31/12/2019	05/06/2020	11/08/2020	French	PDF
Abridged model	31/12/2018	07/06/2019	10/07/2019	French	PDF
Abridged model	31/12/2017	01/06/2018	09/08/2018	French	PDF
Abridged model	31/12/2016	02/06/2017	21/08/2017	French	PDF
Abridged model	31/12/2015	03/06/2016	26/08/2016	French	PDF
Abridged model	31/12/2014	05/06/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	06/06/2014	29/07/2014	French	PDF
Abridged model	31/12/2012	07/06/2013	24/06/2013	French	PDF
Abridged model	31/12/2011	01/06/2012	10/08/2012	French	PDF
Abridged model	31/12/2010	03/06/2011	05/07/2011	French	PDF
Abridged model	31/12/2009	04/06/2010	29/06/2010	French	PDF
Abridged model	31/12/2008	05/06/2009	26/06/2009	French	PDF
Abridged model	31/12/2007	06/06/2008	24/06/2008	French	PDF
Abridged model	31/12/2006	01/06/2007	19/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

STEVE RULEAU

Manager · since 04 février 2004

Active

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/09/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DIVERS - DEMISSIONS, NOMINATIONS
PDF
Mandates07/04/2005
DEMISSIONS, NOMINATIONS
PDF
Other16/02/2004
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202516 k €↑
2024
Annual accounts 20249,3 k €↑
2023
Annual accounts 202316,6 €↓
2022
Annual accounts 202218,1 k €↓
2021
Annual accounts 202123 k €↑
2020
Annual accounts 202022,9 k €↓
2019
Annual accounts 201929,9 k €↑
2018
Annual accounts 201811 k €↓
2017
Annual accounts 201723,1 k €↑
2016
Annual accounts 201618,3 k €↓
2015
Annual accounts 201533,2 k €↑
2014
Annual accounts 201427,3 k €↑
2013
Annual accounts 201320,3 k €↑
2012
Annual accounts 201214,4 k €↑
2011
Annual accounts 201111 k €↑
2010
Annual accounts 20104,2 k €↓
2009
Annual accounts 20099,3 k €↓
2008
Annual accounts 200816,7 k €↑
2007
Annual accounts 200715,2 k €↑
2006
Annual accounts 20064 k €
09/02/2004
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RULS

Overview

What does RULS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline