De Roeve Mechanical
ActiveDe Roeve Mechanical has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €365. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 10% of 482 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-7
Solvency33=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.04 in 2023; short-term debt: 89.6% and cash: 10.9% of total assets), and 92.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 482 sector peers (2024).
NBB · sector comparisonPosition among 482 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
92 d late
2022
92 d late
2021
67 d late
2020
62 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€81k▲ 0.5%
2023 · €80k
2018: €20k
2019: €21k
2020: €36k
2021: €61k
2022: €74k
2023: €80k
2018 → 2024
Total assets
€1.07M▲ 5.7%
2023 · €1.01M
2018: €407k
2019: €388k
2020: €594k
2021: €1.19M
2022: €1.23M
2023: €1.01M
2018 → 2024
Net result
€365▼ 94.7%
2023 · €7k
2018: €82
2019: €1k
2020: €14k
2021: €25k
2022: €13k
2023: €7k
2018 → 2024
Working capital
€-80k
2023 · €38k
2018: €20k
2019: €21k
2020: €32k
2021: €57k
2022: €48k
2023: €38k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€36k-€61k▲ 69.4%€74k▲ 21.3%€80k▲ 9.3%€81k▲ 0.5%
Operating result€19k-€26k▲ 34.6%€2k▼ 91.7%€12k▲ 447%€6k▼ 53.0%
Net result€14k-€25k▲ 73.7%€13k▼ 47.9%€7k▼ 47.1%€365▼ 94.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.07M
Fixed assets
€192k▲ 125%
Current assets
€880k▼ 5.2%
Equity and liabilities €1.07M
Equity
€81k▲ 0.5%
Debt
€991k▲ 6.2%
The debt ratio rises from 92.1% to 92.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€28k▼
2023 · €30k
Cash flow
€23k▼
2023 · €25k
Solvency
7.5%▼
2023 · 7.9%
Current ratio
0.92▼
2023 · 1.04
Quick ratio
0.92▼
2023 · 1.04
Debt / equity
12.26▲
2023 · 11.60
ROE
0.5%▼
2023 · 8.5%
ROA
0.0%▼
2023 · 0.7%
Interest coverage
5.30▼
2023 · 7.02
Debt
€991k▲
2023 · €933k
Debt ≤ 1 year
€960k▲
2023 · €891k
Debt > 1 year
€31k▼
2023 · €43k
Staff costs
€207k▼
2023 · €314k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.01M€1.07M▲
Fixed assets21/28€85k€192k▲
Intangible fixed assets21-€122k
Tangible fixed assets22/27€85k€70k▼
Plant, machinery and equipment23€82k€66k▼
Furniture and vehicles24€3k€4k▲
Current assets29/58€928k€880k▼
Amounts receivable within one year40/41€731k€651k▼
Trade receivables40€731k€650k▼
Other amounts receivable41-€160
Cash at bank and in hand54/58€197k€117k▼
Deferred charges and accrued income490/1€742€112k▲
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.07M▲
Equity10/15€80k€81k▲
Contributions10/11€20k€20k=
Reserves13€60k€61k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€59k€59k▲
Amounts payable17/49€933k€991k▲
Amounts payable after more than one year17€43k€31k▼
Financial debts170/4€43k€31k▼
Amounts payable within one year42/48€891k€960k▲
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€133k€82k▼
Suppliers440/4€132k€82k▼
Bills of exchange payable441€327-
Taxes, remuneration and social security45€92k€61k▼
Taxes450/3€56k€31k▼
Remuneration and social security454/9€36k€30k▼
Other amounts payable47/48€655k€805k▲
Income statement
Code20232024
Remuneration, social security and pensions62€314k€207k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€22k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€345k€237k▼
Operating profit (loss)9901€12k€6k▼
Financial income75/76B€53€74▲
Recurring financial income75€3€74▲
Non-recurring financial income76B€50-
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€8k€365▼
Income taxes67/77€693-
Profit (loss) for the period9904€7k€365▼
Profit (loss) for the period to be appropriated9905€7k€365▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€365▼
Transfer to equity691/2€7k€365▼
To other reserves6921€7k€365▼
Social balance
Average headcount (FTE)90875.24.6▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 35 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
2021
31-12
Financial
Highest result since 2018net €25k ▲73.7%
Operating result €26k, net result €25k, both a record.
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 70 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lokeren · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spieveldstraat 419160 LokerenGround area
475 m²
Building footprint
436 m²
Volume, LiDAR
2,756 m³
Parcel 46382B1343/00T000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Roeve Mechanical
since 20162.251.807.389
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B1343/00T000 | Flanders | 475 m² | 1 · 436 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 91,084 EUR awarded · 90,850 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 288 EUR | 0 EUR |
| 2023 | 2 | 443 EUR | 19,273 EUR |
| 2022 | 2 | 90,353 EUR | 71,577 EUR |
Schemes
Ontwikkelingsproject
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2016
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
28220Manufacture of machinery and equipment not elsewhere classified
28420Manufacture of machinery and equipment not elsewhere classified
28930Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.