Ets Philippe ROUSSEAU
ActiveEts Philippe ROUSSEAU has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €809k and a net result of €16k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-3
Solvency90▲+6
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.7 against 2.36 in 2024; short-term debt: 22.6% and cash: 10.4% of total assets), and 34.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
65.1%
Return on assets
1.3%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
31 d early
2023
37 d early
2022
31 d early
2021
38 d early
2020
31 d early
2019
28 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 61.3%
2024 · €42k
2018: €55k
2019: €57k
2020: €25k
2021: €55k
2022: €129k
2023: €56k
2024: €42k
2018 → 2025
Working capital
€479k▲ 4.3%
2024 · €459k
2018: €773k
2019: €601k
2020: €574k
2021: €352k
2022: €427k
2023: €434k
2024: €459k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€565k-€694k▲ 22.9%€750k▲ 8.0%€792k▲ 5.6%€809k▲ 2.1%
Operating result€79k-€162k▲ 106%€66k▼ 59.5%€69k▲ 4.4%€32k▼ 52.7%
Net result€55k-€129k▲ 134%€56k▼ 56.9%€42k▼ 24.1%€16k▼ 61.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.24M
Fixed assets
€482k▼ 12.4%
Current assets
€761k▼ 4.4%
Equity and liabilities €1.24M
Equity
€809k▲ 2.1%
Debt
€434k▼ 21.6%
The debt ratio falls from 41.1% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▼
2024 · €160k
Cash flow
€121k▼
2024 · €134k
Solvency
65.1%▲
2024 · 58.9%
Current ratio
2.70▲
2024 · 2.36
Quick ratio
2.60▲
2024 · 2.34
Debt / equity
0.54▼
2024 · 0.70
ROE
2.0%▼
2024 · 5.3%
ROA
1.3%▼
2024 · 3.1%
Interest coverage
17.93▼
2024 · 21.58
Debt
€434k▼
2024 · €554k
Debt ≤ 1 year
€281k▼
2024 · €337k
Debt > 1 year
€153k▼
2024 · €217k
Income taxes
€13k▼
2024 · €21k
Staff costs
€505k▲
2024 · €486k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.35M€1.24M▼
Fixed assets21/28€550k€482k▼
Tangible fixed assets22/27€550k€482k▼
Land and buildings22€280k€264k▼
Plant, machinery and equipment23€121k€100k▼
Furniture and vehicles24€79k€69k▼
Leasing and similar rights25€71k€50k▼
Financial fixed assets28€135€135=
Current assets29/58€796k€761k▼
Stocks and contracts in progress3€9k€30k▲
Stocks30/36€9k€30k▲
Amounts receivable within one year40/41€234k€321k▲
Trade receivables40€214k€321k▲
Other amounts receivable41€21k-
Current investments50/53€350k€278k▼
Cash at bank and in hand54/58€189k€129k▼
Deferred charges and accrued income490/1€13k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.35M€1.24M▼
Equity10/15€792k€809k▲
Contributions10/11€19k€19k=
Reserves13€53k€69k▲
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€42k€58k▲
Profit (loss) carried forward14€721k€721k=
Amounts payable17/49€554k€434k▼
Amounts payable after more than one year17€217k€153k▼
Financial debts170/4€216k€151k▼
Other amounts payable178/9€2k€2k=
Amounts payable within one year42/48€337k€281k▼
Current portion of amounts payable after more than one year42€67k€67k▲
Trade debts44€160k€98k▼
Suppliers440/4€160k€98k▼
Taxes, remuneration and social security45€87k€95k▲
Taxes450/3€20k€26k▲
Remuneration and social security454/9€67k€68k▲
Other amounts payable47/48€22k€21k▼
Income statement
Code20242025
Remuneration, social security and pensions62€486k€505k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€104k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-6k-
Other operating charges640/8€15k€25k▲
Gross operating margin9900€655k€667k▲
Operating profit (loss)9901€69k€32k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€63k€30k▼
Income taxes67/77€21k€13k▼
Profit (loss) for the period9904€42k€16k▼
Profit (loss) for the period to be appropriated9905€42k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€763k€737k▼
Profit (loss) brought forward from the previous period14P€721k€721k=
Transfer to equity691/2€42k€16k▼
To other reserves6921€42k€16k▼
Social balance
Average headcount (FTE)90879.69.5▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €16k ▼61.3%
Net result drops to €16k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €129k ▲134%
Operating result €162k, net result €129k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Somme-Leuze · 1 establishment unit since 2008
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.
Rue Grande Fagne, Sinsin 45377 Somme-LeuzeGround area
3,222 m²
Building footprint
271 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ets Philippe ROUSSEAU sprl
since 20082.174.137.709
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91119B0138/00P000 | Wallonia | 1,975 m² | 1 · 271 m² | - |
| 91119B0342/00A000 | Wallonia | 1,247 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 5,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2008
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43990Other specialised construction activities
43995Specialised construction activities
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43332Laying of wooden floor and wall coverings
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:philippe-rousseau@live.be
Phone:0479/21.29.08