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ROADWORX TECHNIX

Active
Private limited company (pre-2019)founded 1998active for 28 yearsFrans Birontlaan 8, 2600 Antwerpen, BelgiumKBO/BCE: BE 0462.684.258
Summary

The computed 12-month bankruptcy probability of ROADWORX TECHNIX is 1.8% (moderate). The 2024 annual accounts show negative equity (-€215,474) and a net result of -€29,688. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 9% of 1,265 sector peers (NACE 95, financial year 2025). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes)
NACE 95311
1 site
Size
€21,823turnover 2024
Equity
-€215,474
Loss
-€29,688
Financial health
54 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Accounts 76 days overdue0 of 2 deeds read
Why 54raises riskLatest accounts 73 days late; 3 of the last 3 lateNegative equity -€193,391Liquidity: current ratio 16.50, cash €2,260, halvedlowers riskFounded in 1998Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 43% of its sector peers (NACE 95, micro)
Financial strength · tick = 2023
Weak
Solvency 1-4
equity -24.2% of total assets
Liquidity 51+49
short-term debt 1.8% · cash 0.7%
Profitability 69-11
return on assets -3.3%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,116 companies, NACE 95, micro)
Last 24 months 11-2024: 1.2% 12-2024: 1.2%● unchanged vs 11-2024 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.3%▲ +0.1 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.1%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.3 percentage points vs 07-2025 09-2025: 1.7%▲ +0.2 percentage points vs 08-2025 10-2025: 1.5%▼ -0.2 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.6%▲ +0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.5%▼ -0.1 percentage points vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.4%▼ -0.2 percentage points vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 1.8%▲ +0.4 percentage points vs 07-2026 09-2026: 2.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 1.8%▼ -0.2 percentage points vs 09-2026
No credit on open account
Liquidity ample (current ratio 15.77, compared with 0.12 in 2023, above the usual 1.5; short-term debt: 1.8% and cash: 0.7% of total assets), but equity is negative.
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 95, micro): better than 12% on solvency, 49% on liquidity, 65% on profitability and 45% on growth.

The bankruptcy probability was computed on 14-10-2026 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).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Latest accounts 73 days late; 3 of the last 3 late
NBB · filings
raises risk · Negative equity -€193,391
NBB · annual accounts
raises risk · Liquidity: current ratio 16.50, cash €2,260, halved
NBB · annual accounts
lowers risk · Founded in 1998
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€215,474
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
61 days late
2022
70 days late
2021
80 days late
2020
94 days late
2019
91 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 76 days after the deadline; the sector median (NACE 95) 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. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Liquidity more than 131 timescurrent ratio 15.77
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€215,474 View
  • Caution: Turnover fell in 2024from €94,816 to €21,823 ▼ 77.0% View
  • Caution: Among the weakest 5% on equitysector median €273,808 · 1,266 companies -€193,391 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View

By topic

Financials

Financial year
2024
Turnover
€21,823
Loss
-€29,688
Solvency
-24.2%
Turnover▼ 77.0%
Net result
20232024
Go to Financials

Timeline

Events
29
Since
1999
  1. 31-12-2023Back to profit
  2. 09-10-2023Annual accounts filed
  3. 19-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General maintenance and repair of cars and light…NACE 95311
Founded
13-02-1998
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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