Skip to content

RO-JEANS

Active
Public limited companyfounded 1983active for 43 yearsPlaats 22, 8890 Moorslede, BelgiumKBO/BCE: BE 0424.000.658
Summary

The computed 12-month bankruptcy probability of RO-JEANS is 5.8% (elevated). The 2024 annual accounts show equity of €130,115 and a net result of -€41,153. Equity is shrinking by about 7.5% per year across the filed financial years. Its solvency ranks better than 50% of 9,658 sector peers (NACE 47, financial year 2024). The company has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of household textiles and bedding
NACE 47512Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
#7 oldest company in Moorslede, Wholesale and retail trade sector2 sites
Size
€335,485total assets 2024
Staff
1.1 FTE
Equity
€130,115
Loss
-€41,153
Turnover not published (abbreviated format)
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.8%
Structure
Parent
Birgini Company
Accounts 132 days overdue1 of 4 deeds read
Why 35raises riskFigures for financial year 2024 (filed 04-07-2025)1 financial year not filed after the legal deadline; latest accounts 33 days late; 1 of the last 3 lateLiquidity: current ratio 1.45, cash €758, halvedlowers riskFounded in 1983Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 26% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Weak
Solvency 64-1
equity 38.8% of total assets
Liquidity 19-2
short-term debt 60.1% · cash 0.2%
Profitability 3+1
return on assets -12.3%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,188 companies, NACE 47, micro)
Last 24 months 11-2024: 1.7% 12-2024: 1.7%● unchanged vs 11-2024 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.8%▲ +0.1 percentage points vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.7%▼ -0.1 percentage points vs 03-2025 05-2025: 1.9%▲ +0.2 percentage points vs 04-2025 06-2025: 2.5%▲ +0.6 percentage points vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 1.7%▼ -0.9 percentage points vs 07-2025 09-2025: 1.7%● unchanged vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.6%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 2.4%▲ +0.8 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.8%▲ +0.4 percentage points vs 07-2026 09-2026: 2.9%▲ +0.1 percentage points vs 08-2026 10-2026: 5.8%▲ +2.9 percentage points vs 09-2026highest value
Credit of up to €4,500 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.45, compared with 1.53 in 2023; short-term debt: 60.1% and cash: 0.2% of total assets), and 61.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 54% on solvency, 17% on liquidity, 14% on profitability and 18% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Seven signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 04-07-2025)
NBB · annual accounts
lowers risk · Founded in 1983
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 33 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.45, cash €758, halved
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€41,153
raises risk · Annual accounts not filed
The financial year that closed on 31-10-2025 was due at the National Bank by 31-05-2026. Nothing is on record, 132 days later.
NBB · 10 filings
Position against the passed deadline
31-10-2025 year end31-05-2026 deadline10-10-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-10-2024 was due by 31-05-2025 and was filed on 03-07-2025, 33 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
33 days late
2023
1 day early
2022
5 days early
2021
on the day
2020
99 days late
2019
473 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 100 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Reappointments: Roland Vanacker (non-statutory director) and…Approval
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 5 loss-making years in a rowloss financial year 2024 -€41,153 View
  • Risk: Accounts not fileddeadline was 31-05-2026 132 days late View
  • Caution: Among the weakest 10% on net resultsector median €44,109 · 9,659 companies -€41,153 View
  • Controlled by Birgini Company parent View

By topic

Financials

Financial year
2024
Total assets
€335,485
Loss
-€41,153
Solvency
38.8%
Total assets▼ 20.8%
Net result
20182024
Go to Financials

Board & ownership

Board
2 members
Parent
Birgini Company
  • Els VanasscheDirector
  • Roland VanackerManaging director
Go to Board & ownership

Timeline

Events
45
Since
1984
  1. 31-10-2023Weakest financial year
  2. 26-05-2023Annual accounts filed
  3. 31-05-2022Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of household textiles and beddingNACE 47512
Founded
04-05-1983
Year ends
31-10
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.