DE RO
ActiveSummary
DE RO has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507,789 and a net result of €1,659. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 67% of 1223 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-2
Solvency82=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.42 in 2024; short-term debt: 42.8% and cash: 9.3% of total assets), and 42.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57.2%
Return on assets
0.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
60 d late
2021
24 d late
2020
31 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 33 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€131,358▼ 12.5%
2024 · €150,064
EBIT margin
-0.4%▼ 10.2pp
2024 · 9.9%
Net result
€1,659▼ 91.5%
2024 · €19,467
Working capital
€151,292▼ 5.9%
2024 · €160,838
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€142,384▲ 17.0%€110,972▼ 22.1%€150,064€131,358▼ 12.5%
Operating result€8,627€42,788▲ 396%-€46,645€14,809-€461
Net result€9,908within the sector's middle half€42,326above the sector's middle half▲ 327%-€54,279below the sector's middle half€19,467within the sector's middle half€1,659below the sector's middle half▼ 91.5%
EBIT margin6.1%▲ 51.9pp38.6%▲ 32.5pp9.9%-0.4%▼ 10.2pp
Equity€498,616above the sector's middle half▲ 2.0%€540,942above the sector's middle half▲ 8.5%€486,663above the sector's middle half▼ 10.0%€506,130above the sector's middle half▲ 4.0%€507,789within the sector's middle half▲ 0.3%
Total assets€1.1mabove the sector's middle half▲ 8.3%€1.0mabove the sector's middle half▼ 8.0%€977,984above the sector's middle half▼ 4.8%€887,198above the sector's middle half▼ 9.3%€887,249within the sector's middle half=
Debt€617,997▲ 14.0%€486,050▼ 21.4%€491,321▲ 1.1%€381,068▼ 22.4%€379,460▼ 0.4%
Working capital€143,469above the sector's middle half▼ 48.5%€174,914above the sector's middle half▲ 21.9%€136,586above the sector's middle half▼ 21.9%€160,838above the sector's middle half▲ 17.8%€151,292within the sector's middle half▼ 5.9%
Solvency44.7%within the sector's middle half▼ 2.8pp52.7%within the sector's middle half▲ 8.0pp49.8%within the sector's middle half▼ 2.9pp57.0%within the sector's middle half▲ 7.3pp57.2%within the sector's middle half▲ 0.2pp
Current ratio1.26within the sector's middle half▼ 0.451.37within the sector's middle half▲ 0.121.28within the sector's middle half▼ 0.101.42within the sector's middle half▲ 0.141.40within the sector's middle half▼ 0.02
Return on assets (ROA)0.9%within the sector's middle half▲ 1.6pp4.1%within the sector's middle half▲ 3.2pp-5.6%below the sector's middle half▼ 9.7pp2.2%within the sector's middle half▲ 7.7pp0.2%below the sector's middle half▼ 2.0pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €461 after €14,809 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €887,249
Fixed assets
€356,497 ▲ 3.2%
Current assets
€530,752 ▼ 2.1%
Equity and liabilities €887,249
Equity
€507,789 ▲ 0.3%
Debt
€379,460 ▼ 0.4%
Debt's share of the balance-sheet total falls from 43.0% to 42.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37,189▼
2024 · €52,459
Cash flow
€39,309▼
2024 · €57,117
Debt to equity
0.75▼
2024 · 0.75
ROE
0.3%▼
2024 · 3.8%
Interest coverage
61.17▲
2024 · 53.20
Debt ≤ 1 year
€379,460▼
2024 · €381,068
Income taxes
-€2,183▼
2024 · €1,852
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €142,384 | €110,972 | - | €150,064 | €131,358 | ▼ 12.5% |
| Goods, raw materials, services and sundry goods60/61 | €94,486 | €55,245 | - | €122,416 | €87,633 | ▼ 28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,833 | €41,469 | €35,261 | €37,650 | €37,650 | = |
| Other operating charges640/8 | €7,825 | €5,248 | €7,454 | €3,113 | €6,758 | ▲ 117% |
| Non-recurring operating charges66A | €5,147 | - | - | - | - | - |
| Gross operating margin9900 | €61,432 | €89,505 | -€3,930 | €55,572 | €43,947 | ▼ 20.9% |
| Operating profit (loss)9901 | €8,627 | €42,788 | -€46,645 | €14,809 | -€461 | ▼ 103% |
| Financial income75/76B | €5,696 | €3,378 | €1,836 | €7,496 | €545 | ▼ 92.7% |
| Recurring financial income75 | €5,696 | €3,378 | €1,836 | €7,496 | €545 | ▼ 92.7% |
| Financial charges65/66B | €3,583 | €2,827 | €1,830 | €986 | €608 | ▼ 38.3% |
| Recurring financial charges65 | €3,583 | €2,827 | €1,830 | €986 | €608 | ▼ 38.3% |
| Profit (loss) for the period before taxes9903 | €10,740 | €43,339 | -€46,639 | €21,319 | -€524 | ▼ 102% |
| Income taxes67/77 | €832 | €1,013 | €7,640 | €1,852 | -€2,183 | ▼ 218% |
| Profit (loss) for the period9904 | €9,908 | €42,326 | -€54,279 | €19,467 | €1,659 | ▼ 91.5% |
| Profit (loss) for the period to be appropriated9905 | €9,908 | €42,326 | -€54,279 | €19,467 | €1,659 | ▼ 91.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.0m | €977,984 | €887,198 | €887,249 | = |
| Fixed assets21/28 | €411,017 | €385,338 | €350,077 | €345,292 | €356,497 | ▲ 3.2% |
| Tangible fixed assets22/27 | €410,017 | €384,338 | €349,077 | €344,292 | €355,497 | ▲ 3.3% |
| Land and buildings22 | €257,412 | €254,587 | €242,641 | €253,695 | €239,749 | ▼ 5.5% |
| Plant, machinery and equipment23 | €24,270 | €21,206 | €13,062 | €9,080 | €5,098 | ▼ 43.9% |
| Furniture and vehicles24 | €128,335 | €108,545 | €93,374 | €81,517 | €61,796 | ▼ 24.2% |
| Leasing and similar rights25 | - | - | - | - | €48,854 | - |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Current assets29/58 | €705,596 | €641,654 | €627,907 | €541,906 | €530,752 | ▼ 2.1% |
| Stocks and contracts in progress3 | - | - | €11,934 | - | - | - |
| Stocks30/36 | - | - | €11,934 | - | - | - |
| Amounts receivable within one year40/41 | €433,375 | €405,090 | €405,370 | €182,562 | €137,751 | ▼ 24.5% |
| Trade receivables40 | €373,123 | €350,582 | €349,804 | €157,902 | €112,712 | ▼ 28.6% |
| Other amounts receivable41 | €60,252 | €54,508 | €55,566 | €24,660 | €25,039 | ▲ 1.5% |
| Current investments50/53 | €252,141 | €224,545 | €209,091 | €279,630 | €310,776 | ▲ 11.1% |
| Cash at bank and in hand54/58 | €20,080 | €12,019 | €1,512 | €79,714 | €82,225 | ▲ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €977,984 | €887,198 | €887,249 | = |
| Equity10/15 | €498,616 | €540,942 | €486,663 | €506,130 | €507,789 | ▲ 0.3% |
| Contributions10/11 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Capital10 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Issued capital100 | €27,268 | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Revaluation surpluses12 | €5,330 | €5,330 | €5,330 | €5,330 | €5,330 | = |
| Reserves13 | €61,882 | €61,882 | €61,882 | €61,882 | €61,882 | = |
| Non-distributable reserves130/1 | €2,727 | €2,727 | €2,727 | €2,727 | €2,727 | = |
| Legal reserve130 | €2,727 | €2,727 | €2,727 | €2,727 | €2,727 | = |
| Tax-exempt reserves132 | €4,618 | €4,618 | €4,618 | €4,618 | €4,618 | = |
| Distributable reserves133 | €54,537 | €54,537 | €54,537 | €54,537 | €54,537 | = |
| Profit (loss) carried forward14 | €404,136 | €446,462 | €392,183 | €411,650 | €413,309 | ▲ 0.4% |
| Amounts payable17/49 | €617,997 | €486,050 | €491,321 | €381,068 | €379,460 | ▼ 0.4% |
| Amounts payable after more than one year17 | €55,870 | €19,310 | - | - | - | - |
| Financial debts170/4 | €55,870 | €19,310 | - | - | - | - |
| Amounts payable within one year42/48 | €562,127 | €466,740 | €491,321 | €381,068 | €379,460 | ▼ 0.4% |
| Current portion of amounts payable after more than one year42 | €72,383 | €36,001 | €19,182 | - | - | - |
| Trade debts44 | €78,711 | €3,510 | €23,182 | - | €13,590 | - |
| Suppliers440/4 | €78,711 | €3,510 | - | - | €13,590 | - |
| Bills of exchange payable441 | - | - | €23,182 | - | - | - |
| Other amounts payable47/48 | €411,033 | €427,229 | €448,957 | €381,068 | €365,870 | ▼ 4.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,908 | €42,326 | -€54,279 | €19,467 | €1,659 | ▼ 91.5% |
| + Depreciation and write-downs630 | €39,833 | €41,469 | €35,261 | €37,650 | €37,650 | = |
| Operating cash flow (approximation) | €49,741 | €83,795 | -€19,018 | €57,117 | €39,309 | ▼ 31.2% |
| Investment in fixed assets (approximation) | - | -€15,790 | €0 | -€32,865 | -€48,855 | ▼ 48.7% |
| Change in cash | - | -€8,061 | -€10,507 | €78,202 | €2,511 | ▼ 96.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €19,467
Net result €19,467 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €506,130 ▲4%
Equity rises from €486,663 to €506,130.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet -€54,279
Net result drops to -€54,279, the lowest in the series; recovery starts the following year.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €500,000Eq €540,942 ▲8.5%
2 profitable years in a row build equity to €540,942.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Back to profitnet €9,908
Net result €9,908 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
Show earlier events
2019
31-12
Financial
Equity above €500,000Eq €525,719 ▲9%
2 profitable years in a row build equity to €525,719.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Erquelinnes · 1 establishment unit since 1980
Ground area
5,370 m²
Building footprint
108 m²
Volume, LiDAR
696 m³
2 parcels, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Viviers 30, 6540 Lobbes
since 19802.018.053.821
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56044A0113/00H002 | Wallonia | 4,338 m² | - | - |
| 56074B0376/00K000 | Wallonia | 1,032 m² | 1 · 108 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLobbes2.018.053.821
Similar companies · same sector, comparable size
HARTEEL
BE 0428.948.648
Beveren-Kruibeke-Zwijndrecht · Eq €503,356
Gohy Medical
BE 0683.504.758
Ronse · Eq €499,712
ROAD SWEEPER RENTING
BE 0434.042.237
Meerhout · Eq €529,126
FALCO CLEANING SERVICES
BE 0759.940.164
Wichelen · Eq €538,289
FEROKILL
BE 0479.469.713
Willebroek · Eq €473,954
Of 1,706 companies in sector 81230 we hold annual accounts for 473. 291 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-09-1980
Fiscal year end31-12
Activities, NACEBEL 2025
81230Other cleaning activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
43120Site preparation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420989007
Also
9925:BE0420989007
Registered
17-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.