RO TECHNICS INSTALL
Open bankruptcyA bankruptcy procedure is open for RO TECHNICS INSTALL according to publications in the Belgian State Gazette; curator: STEVEN DE RAEVE.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €156,063 and a net result of -€49,347.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Dendermonde division
- Declared bankrupt
- 13 January 2025
- Supervising judge
- Harry Cornelis
- Official Gazette
- 17-01-2025 (pdf) ↗search the document for 2025/101723
Deadlines
- Provisional date payments stopped
- 13 July 2024Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 1 February 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 February 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 21 February 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 13 January 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Steven De RaeveNoordlaan 28, 9200 Dender- Mondeinfo@advocaatderaeve.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-10-2022 was due by 31-05-2023 and was filed on 26-06-2023, 26 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
26 d late
2021
12 d early
2020
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 3 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Electrical installation work in industrial facilities sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
€615,646▼ 25.6%
2021 · €827,973
EBIT margin
-6.4%▼ 33.0pp
2021 · 26.6%
Net result
-€49,347
2021 · €159,678
Working capital
€152,312▼ 23.1%
2021 · €197,960
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
Line202020212022
Turnover€532,736-€827,973▲ 55.4%€615,646▼ 25.6%
Operating result€56,518-€220,187▲ 290%-€39,229
Net result€41,733above the sector's middle half-€159,678above the sector's middle half▲ 283%-€49,347below the sector's middle half
EBIT margin10.6%-26.6%▲ 16.0pp-6.4%▼ 33.0pp
Equity€45,733within the sector's middle half-€205,410within the sector's middle half▲ 349%€156,063above the sector's middle half▼ 24.0%
Total assets€284,217within the sector's middle half-€429,743within the sector's middle half▲ 51.2%€360,121above the sector's middle half▼ 16.2%
Debt€238,485-€224,332▼ 5.9%€204,058▼ 9.0%
Working capital€40,447within the sector's middle half-€197,960within the sector's middle half▲ 389%€152,312above the sector's middle half▼ 23.1%
Solvency16.1%below the sector's middle half-47.8%within the sector's middle half▲ 31.7pp43.3%within the sector's middle half▼ 4.5pp
Current ratio1.17within the sector's middle half-1.88within the sector's middle half▲ 0.711.75within the sector's middle half▼ 0.14
Return on assets (ROA)14.7%within the sector's middle half-37.2%above the sector's middle half▲ 22.5pp-13.7%below the sector's middle half▼ 50.9pp
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 abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2021 Turnover +55%, Net result +283% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €39,229 after €220,187 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €360,121
Fixed assets
€3,750 ▼ 49.7%
Current assets
€356,371 ▼ 15.6%
Equity and liabilities €360,121
Equity
€156,063 ▼ 24.0%
Debt
€204,058 ▼ 9.0%
Debt's share of the balance-sheet total rises from 52.2% to 56.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€35,529▼
2021 · €225,422
Cash flow
-€45,647▼
2021 · €164,913
Debt to equity
1.31▲
2021 · 1.09
ROE
-31.6%▼
2021 · 77.7%
Interest coverage
-3.51▼
2021 · 95.06
Debt ≤ 1 year
€204,058▼
2021 · €224,332
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €532,736 | €827,973 | €615,646 | ▼ 25.6% |
| Goods, raw materials, services and sundry goods60/61 | - | €604,463 | €652,671 | ▲ 8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,286 | €5,236 | €3,700 | ▼ 29.3% |
| Other operating charges640/8 | - | €3,196 | €4,081 | ▲ 27.7% |
| Gross operating margin9900 | €61,236 | €228,618 | -€31,448 | ▼ 114% |
| Operating profit (loss)9901 | €56,518 | €220,187 | -€39,229 | ▼ 118% |
| Financial charges65/66B | - | €2,371 | €10,118 | ▲ 327% |
| Recurring financial charges65 | €1,440 | €2,371 | €10,118 | ▲ 327% |
| Profit (loss) for the period before taxes9903 | €55,079 | €217,815 | -€49,347 | ▼ 123% |
| Income taxes67/77 | €13,346 | €58,138 | - | - |
| Profit (loss) for the period9904 | €41,733 | €159,678 | -€49,347 | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €41,733 | €159,678 | -€49,347 | ▼ 131% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €284,217 | €429,743 | €360,121 | ▼ 16.2% |
| Fixed assets21/28 | €5,286 | €7,450 | €3,750 | ▼ 49.7% |
| Tangible fixed assets22/27 | €3,286 | €5,450 | €1,750 | ▼ 67.9% |
| Plant, machinery and equipment23 | - | €4,851 | €1,511 | ▼ 68.9% |
| Furniture and vehicles24 | - | €599 | €240 | ▼ 60.0% |
| Financial fixed assets28 | €2,000 | €2,000 | €2,000 | = |
| Current assets29/58 | €278,932 | €422,292 | €356,371 | ▼ 15.6% |
| Amounts receivable after more than one year29 | - | €67,166 | €44,166 | ▼ 34.2% |
| Other amounts receivable291 | - | €67,166 | €44,166 | ▼ 34.2% |
| Amounts receivable within one year40/41 | €278,368 | €349,310 | €296,397 | ▼ 15.1% |
| Trade receivables40 | - | €334,636 | €281,157 | ▼ 16.0% |
| Other amounts receivable41 | - | €14,674 | €15,239 | ▲ 3.9% |
| Cash at bank and in hand54/58 | €564 | €484 | €12,253 | ▲ 2,434% |
| Deferred charges and accrued income490/1 | - | €5,333 | €3,555 | ▼ 33.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €284,217 | €429,743 | €360,121 | ▼ 16.2% |
| Equity10/15 | €45,733 | €205,410 | €156,063 | ▼ 24.0% |
| Contributions10/11 | - | €4,000 | €4,000 | = |
| Reserves13 | €20,000 | €120,000 | €120,000 | = |
| Distributable reserves133 | - | €120,000 | €120,000 | = |
| Profit (loss) carried forward14 | €21,733 | €81,410 | €32,063 | ▼ 60.6% |
| Amounts payable17/49 | €238,485 | €224,332 | €204,058 | ▼ 9.0% |
| Amounts payable within one year42/48 | €238,485 | €224,332 | €204,058 | ▼ 9.0% |
| Financial debts43 | - | - | €2,092 | - |
| Other loans439 | - | - | €2,092 | - |
| Trade debts44 | €129,939 | €166,422 | €170,726 | ▲ 2.6% |
| Suppliers440/4 | - | €4,668 | €958 | ▼ 79.5% |
| Bills of exchange payable441 | - | €161,753 | €169,769 | ▲ 5.0% |
| Taxes, remuneration and social security45 | - | €57,911 | €31,239 | ▼ 46.1% |
| Taxes450/3 | - | €57,911 | €31,239 | ▼ 46.1% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,733 | €159,678 | -€49,347 | ▼ 131% |
| + Depreciation and write-downs630 | €3,286 | €5,236 | €3,700 | ▼ 29.3% |
| Operating cash flow (approximation) | €45,018 | €164,913 | -€45,647 | ▼ 128% |
| Investment in fixed assets (approximation) | - | -€7,400 | €0 | ▲ 100% |
| Change in cash | - | -€81 | €11,770 | ▲ 14,697% |
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
2025
17-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 13-01-2025
2024
12-01
KBO administration
Address struck
event 07-11-2023
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
31-10
Financial
Weakest financial yearnet -€49,347
Net result drops to -€49,347, the lowest in the series.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
Financial
Highest result since 2020net €159,678 ▲283%
Operating result €220,187, net result €159,678, both a record.
31-10
Financial
Equity above €200,000Eq €205,410 ▲349%
2 profitable years in a row build equity to €205,410.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Dendermonde · 1 establishment unit since 2019
Ground area
253 m²
Building footprint
79 m²
Volume, LiDAR
596 m³
Parcel 42021C0078/00P004, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RO TECHNICS INSTALL
since 20192.295.467.980
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021C0078/00P004 | Flanders | 252 m² | 1 · 79 m² | 9.7 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN DE RAEVE NOORDLAAN 28, 9200 DENDER-
MONDE |
13-01-2025 → present |
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Of 1,123 companies in sector 43212 we hold annual accounts for 421. 342 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
Founded29-10-2019
Fiscal year end31-10
Activities, NACEBEL 2025
43212Electrical installation work in industrial facilities
43211General electrical installation work
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.