RESPIRO
ActiveRESPIRO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €951k and a net result of €318k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 69% of 879 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+5
Solvency80▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.14 in 2024; short-term debt: 15.7% and cash: 26.1% of total assets), and 44.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
55.4%
Return on assets
18.5%
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
84 d late
2023
44 d late
2022
21 d late
2021
26 d early
2020
13 d late
2019
56 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€951k▲ 29.8%
2024 · €733k
2018: €347k
2019: €461k
2020: €481k
2021: €443k
2022: €490k
2023: €632k
2024: €733k
2018 → 2025
Total assets
€1.72M▲ 21.5%
2024 · €1.41M
2018: €536k
2019: €890k
2020: €829k
2021: €787k
2022: €844k
2023: €1.25M
2024: €1.41M
2018 → 2025
Net result
€318k▲ 56.9%
2024 · €203k
2018: €56k
2019: €115k
2020: €20k
2021: €-38k
2022: €47k
2023: €142k
2024: €203k
2018 → 2025
Working capital
€297k▼ 6.1%
2024 · €316k
2018: €236k
2019: €316k
2020: €318k
2021: €361k
2022: €459k
2023: €489k
2024: €316k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€443k-€490k▲ 10.5%€632k▲ 29.1%€733k▲ 15.9%€951k▲ 29.8%
Operating result€-35k-€49k€177k▲ 261%€273k▲ 54.2%€420k▲ 54.0%
Net result€-38k-€47k€142k▲ 206%€203k▲ 42.4%€318k▲ 56.9%
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 has risen four years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.72M
Fixed assets
€1.15M▲ 40.3%
Current assets
€566k▼ 4.5%
Equity and liabilities €1.72M
Equity
€951k▲ 29.8%
Debt
€767k▲ 12.7%
The debt ratio falls from 48.2% to 44.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€550k▲
2024 · €378k
Cash flow
€448k▲
2024 · €308k
Solvency
55.4%▲
2024 · 51.8%
Current ratio
2.10▼
2024 · 2.14
Quick ratio
2.07▼
2024 · 2.12
Debt / equity
0.81▼
2024 · 0.93
ROE
33.4%▲
2024 · 27.7%
ROA
18.5%▲
2024 · 14.3%
Interest coverage
43.45▲
2024 · 28.18
Debt
€767k▲
2024 · €681k
Debt ≤ 1 year
€269k▼
2024 · €277k
Debt > 1 year
€197k▼
2024 · €200k
Income taxes
€96k▲
2024 · €69k
Staff costs
€397k▲
2024 · €345k
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€1.41M€1.72M▲
Fixed assets21/28€821k€1.15M▲
Intangible fixed assets21€5k€4k▼
Tangible fixed assets22/27€816k€879k▲
Land and buildings22€269k€244k▼
Plant, machinery and equipment23€365k€389k▲
Furniture and vehicles24€62k€49k▼
Other tangible fixed assets26€120k€198k▲
Financial fixed assets28-€270k
Current assets29/58€593k€566k▼
Stocks and contracts in progress3€7k€10k▲
Stocks30/36€7k€10k▲
Amounts receivable within one year40/41€32k€56k▲
Trade receivables40€2k-
Other amounts receivable41€29k€56k▲
Current investments50/53€48k€48k=
Cash at bank and in hand54/58€503k€449k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.41M€1.72M▲
Equity10/15€733k€951k▲
Contributions10/11€300k€300k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€403k€621k▲
Amounts payable17/49€681k€767k▲
Amounts payable after more than one year17€200k€197k▼
Financial debts170/4€200k€197k▼
Amounts payable within one year42/48€277k€269k▼
Current portion of amounts payable after more than one year42€84k€95k▲
Trade debts44€28k€26k▼
Suppliers440/4€28k€26k▼
Taxes, remuneration and social security45€62k€49k▼
Taxes450/3€9k-
Remuneration and social security454/9€53k€49k▼
Other amounts payable47/48€102k€100k▼
Accrued charges and deferred income492/3€204k€301k▲
Income statement
Code20242025
Remuneration, social security and pensions62€345k€397k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€105k€130k▲
Other operating charges640/8€6k€16k▲
Gross operating margin9900€729k€963k▲
Operating profit (loss)9901€273k€420k▲
Financial income75/76B€13k€6k▼
Recurring financial income75€13k€6k▼
Financial charges65/66B€13k€13k▼
Recurring financial charges65€13k€13k▼
Profit (loss) for the period before taxes9903€272k€414k▲
Income taxes67/77€69k€96k▲
Profit (loss) for the period9904€203k€318k▲
Profit (loss) for the period to be appropriated9905€203k€318k▲
Appropriation of the result
Profit (loss) to be appropriated9906€505k€721k▲
Profit (loss) brought forward from the previous period14P€302k€403k▲
Profit to be distributed694/7€102k€100k▼
Return on contributions (dividend)694€102k€100k▼
Social balance
Average headcount (FTE)90878.09.2▲
The notes to these accounts (13 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €318k ▲56.9%
Operating result €420k, net result €318k, both a record.
23-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 84 days late
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
31-12
Financial
Equity above €500kEq €632k ▲29.1%
2 profitable years in a row build equity to €632k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-38k ▼292%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 13 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Rotselaar · 1 establishment unit since 2007
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.
Aarschotsesteenweg 333110 RotselaarGround area
230 m²
Building footprint
230 m²
Volume, LiDAR
1,440 m³
Parcel 24094C0777/00Z003, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20072.162.585.405
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094C0777/00Z003 | Flanders | 230 m² | 1 · 230 m² | 7.1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteRotselaar2.162.585.405
Similar companies · same sector, comparable size
O2XYGEN
BE 0477.153.094
Nazareth-De Pinte · Eq €951k
EVRESCO
BE 0844.713.315
Leuven · Eq €958k
S2 INVEST
BE 0675.780.291
Houthalen-Helchteren · Eq €944k
BODY FIT
BE 0880.414.461
Poperinge · Eq €1.01M
Innovas
BE 0836.592.831
Schoten · Eq €894k
Of 1,516 companies in sector 93130 we hold annual accounts for 687. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2007
Fiscal year end31-12
Activities, NACEBEL
93130Fitness centres
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 entriesWebsite:www.respiro.be
E-mail:erik@respiro.be