RO CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of RO CONCEPT is 2.3% (moderate). For RO CONCEPT, at least two filing cycles of the annual accounts are missing. The 2024 annual accounts show equity of €102,765 and a net result of €14,992. Equity is growing by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 36380 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2024 · tick = 2023
Profitability58▼-5
Solvency46▼-2
Growth75▼-8
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.9%
Return on assets
3%
Age of the figures
32 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-01-2025, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-01-2025 close31-08-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-01-2024 was due by 31-08-2024 and was filed on 27-11-2024, 88 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
2026
not confirmed
2025
not filed
2024
88 d late
2023
41 d late
2022
58 d late
2021
58 d late
2020
183 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 86 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€523,599▼ 12.0%
2023 · €594,917
EBIT margin
4.4%▼ 0.7pp
2023 · 5.1%
Net result
€14,992▼ 32.7%
2023 · €22,280
Working capital
€88,970▲ 21.2%
2023 · €73,432
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Turnover€319,836▲ 4.0%€331,873▲ 3.8%€595,946▲ 79.6%€594,917▼ 0.2%€523,599▼ 12.0%
Operating result€8,046▼ 28.6%€9,746▲ 21.1%€21,407▲ 120%€30,461▲ 42.3%€23,058▼ 24.3%
Net result€4,614within the sector's middle half▼ 42.9%€8,826within the sector's middle half▲ 91.3%€15,395within the sector's middle half▲ 74.4%€22,280within the sector's middle half▲ 44.7%€14,992within the sector's middle half▼ 32.7%
EBIT margin2.5%▼ 1.1pp2.9%▲ 0.4pp3.6%▲ 0.7pp5.1%▲ 1.5pp4.4%▼ 0.7pp
Equity€41,273within the sector's middle half▲ 12.6%€50,099within the sector's middle half▲ 21.4%€65,494within the sector's middle half▲ 30.7%€89,473within the sector's middle half▲ 36.6%€102,765within the sector's middle half▲ 14.9%
Total assets€273,309within the sector's middle half▼ 10.4%€345,512above the sector's middle half▲ 26.4%€339,418above the sector's middle half▼ 1.8%€381,424above the sector's middle half▲ 12.4%€492,804above the sector's middle half▲ 29.2%
Debt€232,036▼ 13.5%€295,414▲ 27.3%€273,925▼ 7.3%€291,951▲ 6.6%€390,038▲ 33.6%
Working capital€59,824▲ 18.6%€42,310▼ 29.3%€53,817▲ 27.2%€73,432▲ 36.4%€88,970▲ 21.2%
Solvency15.1%below the sector's middle half▲ 3.1pp14.5%below the sector's middle half▼ 0.6pp19.3%below the sector's middle half▲ 4.8pp23.5%within the sector's middle half▲ 4.2pp20.9%below the sector's middle half▼ 2.6pp
Staff (FTE)0.5
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 24% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €492,804
Fixed assets
€45,522 ▲ 63.1%
Current assets
€447,281 ▲ 26.5%
Equity and liabilities €492,804
Equity
€102,765 ▲ 14.9%
Debt
€390,038 ▲ 33.6%
Debt's share of the balance-sheet total rises from 76.5% to 79.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37,314▼
2023 · €42,195
Cash flow
€29,248▼
2023 · €34,014
Current ratio
1.25▼
2023 · 1.26
Quick ratio
0.90▲
2023 · 0.89
Debt to equity
3.80▲
2023 · 3.26
ROE
14.6%▼
2023 · 24.9%
ROA
3.0%▼
2023 · 5.8%
Interest coverage
4.88▼
2023 · 5.24
Debt ≤ 1 year
€358,311▲
2023 · €280,080
Debt > 1 year
€31,727▲
2023 · €11,870
Income taxes
€4,953▼
2023 · €6,299
Staff costs
€622▼
2023 · €7,950
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €319,836 | €331,873 | €595,946 | €594,917 | €523,599 | ▼ 12.0% |
| Goods, raw materials, services and sundry goods60/61 | - | - | €31,867 | €542,781 | €484,211 | ▼ 10.8% |
| Remuneration, social security and pensions62 | - | - | - | €7,950 | €622 | ▼ 92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,873 | €6,314 | €8,869 | €11,734 | €14,256 | ▲ 21.5% |
| Other operating charges640/8 | - | - | €1,591 | €1,308 | €1,452 | ▲ 11.0% |
| Non-recurring operating charges66A | - | - | - | €683 | - | - |
| Gross operating margin9900 | €17,090 | €16,318 | €31,867 | €52,137 | €39,388 | ▼ 24.5% |
| Operating profit (loss)9901 | €8,046 | €9,746 | €21,407 | €30,461 | €23,058 | ▼ 24.3% |
| Financial income75/76B | - | - | €4,414 | €6,168 | €4,535 | ▼ 26.5% |
| Recurring financial income75 | €5,236 | €6,806 | €4,414 | €5,485 | €4,535 | ▼ 17.3% |
| Non-recurring financial income76B | - | - | €0 | €683 | - | - |
| Financial charges65/66B | - | - | €6,476 | €8,051 | €7,648 | ▼ 5.0% |
| Recurring financial charges65 | €6,759 | €6,249 | €6,476 | €8,051 | €7,648 | ▼ 5.0% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | €6,523 | €10,304 | €19,346 | €28,578 | €19,945 | ▼ 30.2% |
| Income taxes67/77 | €1,909 | €1,478 | €3,951 | €6,299 | €4,953 | ▼ 21.4% |
| Profit (loss) for the period9904 | €4,614 | €8,826 | €15,395 | €22,280 | €14,992 | ▼ 32.7% |
| Profit (loss) for the period to be appropriated9905 | €4,614 | €8,826 | €15,395 | €22,280 | €14,992 | ▼ 32.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €273,309 | €345,512 | €339,418 | €381,424 | €492,804 | ▲ 29.2% |
| Fixed assets21/28 | €11,104 | €33,481 | €27,861 | €27,912 | €45,522 | ▲ 63.1% |
| Tangible fixed assets22/27 | €11,104 | €33,481 | €27,861 | €27,912 | €45,522 | ▲ 63.1% |
| Plant, machinery and equipment23 | - | - | €3,401 | €4,163 | €2,774 | ▼ 33.4% |
| Furniture and vehicles24 | - | - | €24,461 | €23,749 | €13,538 | ▼ 43.0% |
| Leasing and similar rights25 | - | - | €0 | - | €29,210 | - |
| Current assets29/58 | €262,205 | €312,031 | €311,557 | €353,512 | €447,281 | ▲ 26.5% |
| Amounts receivable after more than one year29 | - | - | - | - | €15,000 | - |
| Other amounts receivable291 | - | - | - | - | €15,000 | - |
| Stocks and contracts in progress3 | €76,453 | €96,648 | €105,667 | €105,325 | €124,860 | ▲ 18.5% |
| Stocks30/36 | - | - | €105,667 | €105,325 | €124,860 | ▲ 18.5% |
| Amounts receivable within one year40/41 | €165,385 | €196,223 | €180,580 | €215,792 | €290,544 | ▲ 34.6% |
| Trade receivables40 | - | - | €97,733 | €121,290 | €203,225 | ▲ 67.6% |
| Other amounts receivable41 | - | - | €82,847 | €94,502 | €87,320 | ▼ 7.6% |
| Cash at bank and in hand54/58 | €20,367 | €19,161 | €25,310 | €23,844 | €16,878 | ▼ 29.2% |
| Deferred charges and accrued income490/1 | - | - | - | €8,551 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €273,309 | €345,512 | €339,418 | €381,424 | €492,804 | ▲ 29.2% |
| Equity10/15 | €41,273 | €50,099 | €65,494 | €89,473 | €102,765 | ▲ 14.9% |
| Contributions10/11 | - | - | €6,200 | €6,200 | €8,060 | ▲ 30.0% |
| Revaluation surpluses12 | - | - | - | €1,700 | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Profit (loss) carried forward14 | €33,213 | €42,039 | €57,434 | €79,713 | €94,705 | ▲ 18.8% |
| Amounts payable17/49 | €232,036 | €295,414 | €273,925 | €291,951 | €390,038 | ▲ 33.6% |
| Amounts payable after more than one year17 | €29,655 | €25,692 | €16,185 | €11,870 | €31,727 | ▲ 167% |
| Financial debts170/4 | - | - | €16,185 | €11,870 | €31,727 | ▲ 167% |
| Amounts payable within one year42/48 | €202,381 | €269,721 | €257,739 | €280,080 | €358,311 | ▲ 27.9% |
| Current portion of amounts payable after more than one year42 | - | - | €9,846 | €9,687 | €6,920 | ▼ 28.6% |
| Financial debts43 | - | - | €1,880 | €34,689 | €46,841 | ▲ 35.0% |
| Credit institutions430/8 | - | - | €1,880 | €34,689 | €46,841 | ▲ 35.0% |
| Trade debts44 | €102,555 | €143,192 | €170,537 | €132,923 | €223,641 | ▲ 68.2% |
| Suppliers440/4 | - | - | €81,753 | €94,290 | €80,304 | ▼ 14.8% |
| Bills of exchange payable441 | - | - | €88,784 | €38,633 | €143,337 | ▲ 271% |
| Advances received on contracts in progress46 | - | - | €500 | €500 | €500 | = |
| Taxes, remuneration and social security45 | - | - | €24,209 | €30,652 | €10,211 | ▼ 66.7% |
| Taxes450/3 | - | - | €2,571 | €5,249 | €10,211 | ▲ 94.5% |
| Remuneration and social security454/9 | - | - | €21,638 | €25,403 | - | - |
| Other amounts payable47/48 | - | - | €50,768 | €71,628 | €70,198 | ▼ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,614 | €8,826 | €15,395 | €22,280 | €14,992 | ▼ 32.7% |
| + Depreciation and write-downs630 | €6,873 | €6,314 | €8,869 | €11,734 | €14,256 | ▲ 21.5% |
| Operating cash flow (approximation) | €11,487 | €15,140 | €24,264 | €34,014 | €29,248 | ▼ 14.0% |
| Investment in fixed assets (approximation) | - | -€28,691 | -€3,249 | -€11,785 | -€31,866 | ▼ 170% |
| Change in cash | - | -€1,206 | €6,149 | -€1,466 | -€6,966 | ▼ 375% |
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
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
31-01
Financial
Equity above €100,000Eq €102,765 ▲14.9%
6 profitable years in a row build equity to €102,765.
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
31-01
Financial
Highest result since 2019net €22,280 ▲44.7%
Operating result €30,461, net result €22,280, both a record.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 183 days late
2020
31-01
Financial
Weakest financial yearnet €4,614 ▼42.9%
Net result drops to €4,614, the lowest in the series; recovery starts the following year.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2015
28-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Etterbeek · 1 establishment unit since 2011
Ground area
187 m²
Building footprint
189 m²
Volume, LiDAR
2,423 m³
Parcel 21362B0036/00T008, Brussels · tallest building 18.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Ro Concept
since 20112.199.149.455
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0036/00T008 | Brussels | 187 m² | 1 · 189 m² | 18.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,423. 6,231 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
Founded19-04-2011
Fiscal year end31-01
Activities, NACEBEL 2025
43990Other specialised construction activities
47559Retail sale of other household articles
49410Freight transport by road
81230Other cleaning activities
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0835627977
Registered
07-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.