Robaco
ActiveSummary
Robaco has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €27,792. Equity has been growing by about 8.3% per year since 2018. Its solvency ranks better than 89% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Wholesale of machine tools NACE 46620and 1 other
- Joint committee
- 149.04 Paritair Subcomité voor de metaalhandel · annual accounts 2022
- Establishment unit
- 2.000.800.885 8793 Waregem, since 01-02-1966
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
Board
- Bruno VermoteDirector
- Julie VermoteDirector
- PAROBADirector · permanent representative BAERT Christine
Shareholders
- PAROBA100%· score 972025 annual accounts of PAROBA
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts 2025
- Gross margin
- €726,024
- ▲ 10.1%
- Turnover
- ≈ €3.7m
- estimated
- Profit
- €27,792
- ▲ 583%
- Equity
- €1.1m
- ▲ 2.5%
- Total assets
- €1.3m
- ▲ 4.1%
- Employees on 31-12-2025
- 10
- =
Score breakdownraises riskSize: 8.3 FTE, total assets €1.3mlowers riskFounded in 1968Liquidity: current ratio 8.04, cash €149,913Equity €1.1m (86.9% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 86.9% of total assets
Liquidity
64=
short-term debt 10.8% · cash 11.4%
Profitability
39+9
return on assets 2.1%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026highest value
07-2026: 0.1%● unchanged vs 06-2026highest value
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.04 (7.86 in 2024), above the usual 1.5. Short-term debt is 10.8% and cash 11.4% of total assets. 13.1% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 70% on liquidity, 32% on profitability and 49% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
92 days early
2024
92 days early
2023
90 days early
2022
48 days early
2021
47 days early
2020
81 days early
2019
127 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 82 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 May (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-04-2026 PDF all 49 filings
Turnover
≈ €3.7m
Estimated: probably between €2.3m and €6.3m
Total assets
€1.3m▲ 4.1%
2024 · €1.3m
Net result
€27,792▲ 583%
2024 · €4,069
Working capital
€1.0m▲ 1.9%
2024 · €982,625
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€42,669
▲ 202%
2025
20182025
Net result
€27,792
▲ 583%
2025
middle half of the sector
20182025
Equity
€1.1m
▲ 2.5%
2025
highest quarter of the sector
20182025
Total assets
€1.3m
▲ 4.1%
2025
middle half of the sector
20182025
Debt
€173,042
▲ 16.5%
2025
20182025
Working capital
€1.0m
▲ 1.9%
2025
highest quarter of the sector
20182025
Solvency
86.9%
▼ 1.4pp
2025
highest quarter of the sector
20182025
Current ratio
8.04
▲ 0.18
2025
highest quarter of the sector
20182025
Return on assets (ROA)
2.1%
▲ 1.8pp
2025
middle half of the sector
20182025
Staff (FTE)
8.3
▼ 13.5%
2025
highest quarter of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.02m▲ 23.1%€0.06m▲ 152%€0.3m▲ 332%€0.3m▲ 1.7%€0.04m▼ 85.0%€0.01m▼ 63.4%€0.04m▲ 202%
Net result€0.01m-€0.02m▲ 83.2%€0.04mwithin the sector's middle half▲ 58.4%€0.2mabove the sector's middle half▲ 385%€0.2mwithin the sector's middle half▼ 1.2%€0.02mwithin the sector's middle half▼ 87.6%€0.004mwithin the sector's middle half▼ 82.6%€0.03mwithin the sector's middle half▲ 583%
Equity€0.6m-€0.7m▲ 3.9%€0.7mwithin the sector's middle half▲ 5.9%€0.9mwithin the sector's middle half▲ 26.9%€1.1mwithin the sector's middle half▲ 21.0%€1.1mwithin the sector's middle half▲ 2.1%€1.1mwithin the sector's middle half▲ 0.4%€1.1mabove the sector's middle half▲ 2.5%
Total assets€1.1m-€1.0m▼ 6.4%€1.0mwithin the sector's middle half▼ 3.2%€1.2mwithin the sector's middle half▲ 26.1%€1.3mwithin the sector's middle half▲ 9.9%€1.3mwithin the sector's middle half▼ 3.5%€1.3mwithin the sector's middle half▼ 0.5%€1.3mwithin the sector's middle half▲ 4.1%
Debt€0.4m-€0.3m▼ 22.7%€0.2m▼ 22.8%€0.3m▲ 23.6%€0.2m▼ 23.5%€0.2m▼ 30.3%€0.1m▼ 6.9%€0.2m▲ 16.5%
Working capital€0.4m-€0.5m▲ 22.0%€0.6mwithin the sector's middle half▲ 19.1%€0.8mabove the sector's middle half▲ 28.3%€1.0mabove the sector's middle half▲ 17.5%€1.0mabove the sector's middle half▲ 3.6%€1.0mabove the sector's middle half▼ 2.8%€1.0mabove the sector's middle half▲ 1.9%
Solvency61.4%-68.1%▲ 6.7pp74.6%above the sector's middle half▲ 6.4pp75.1%above the sector's middle half▲ 0.5pp82.7%above the sector's middle half▲ 7.6pp87.5%above the sector's middle half▲ 4.8pp88.3%above the sector's middle half▲ 0.8pp86.9%above the sector's middle half▼ 1.4pp
Current ratio2.23-2.90▲ 0.663.85above the sector's middle half▲ 0.953.84above the sector's middle half▼ 0.015.26above the sector's middle half▲ 1.437.34above the sector's middle half▲ 2.087.86above the sector's middle half▲ 0.528.04above the sector's middle half▲ 0.18
Return on assets (ROA)1.3%-2.5%▲ 1.2pp4.1%within the sector's middle half▲ 1.6pp15.9%above the sector's middle half▲ 11.8pp14.3%above the sector's middle half▼ 1.6pp1.8%within the sector's middle half▼ 12.5pp0.3%within the sector's middle half▼ 1.5pp2.1%within the sector's middle half▲ 1.8pp
Staff (FTE)12-11.8▼ 1.7%10.6above the sector's middle half▼ 10.2%11above the sector's middle half▲ 3.8%11above the sector's middle half=10.3above the sector's middle half▼ 6.4%9.6above the sector's middle half▼ 6.8%8.3above the sector's middle half▼ 13.5%
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is over 3 times that of 2024. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€175,863 ▲ 24.7%
Current assets
€1.1m ▲ 1.6%
Equity and liabilities €1.3m
Equity
€1.1m ▲ 2.5%
Debt
€173,042 ▲ 16.5%
Debt's share of the balance-sheet total rises from 11.7% to 13.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€90,328▲
2024 · €51,664
Cash flow
€75,452▲
2024 · €41,593
Quick ratio
2.62▼
2024 · 2.74
Debt to equity
0.15▲
2024 · 0.13
ROE
2.4%▲
2024 · 0.4%
Interest coverage
2.12▲
2024 · 1.33
Debt ≤ 1 year
€142,247▼
2024 · €143,190
Debt > 1 year
€30,795▲
2024 · €5,206
Income taxes
€15,471▲
2024 · €13,595
Staff costs
€579,891▼
2024 · €598,719
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 14 | 14 | 11 | 10 | 10 |
| full-time | 6 | 8 | 6 | 5 | 3 |
| part-time | 8 | 6 | 5 | 5 | 7 |
| in full-time equivalents | 11.3 | 11.8 | 9.3 | 8.5 | 8.2 |
| Average over the year, in full-time equivalents | 11 | 11 | 10.3 | 9.6 | 8.3 |
| On a permanent contract | 14 | 14 | 11 | 10 | 10 |
| Joined | - | 1 | 1 | 1 | - |
| Left | - | 1 | 4 | 2 | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €31,996 | €64,504 | €29,488 | €75,106 | €82,447 |
| Depreciation and write-downs of the year | €31,637 | €27,053 | €33,102 | €37,524 | €47,660 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2023 · 2 entries · €3,038 awarded · €3,038 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 1 | €0 | €3,038 |
| 2022 | 1 | €3,038 | €0 |
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.7m | €0.7m | €0.7m | €0.6m | €0.6m | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | €0.09m | €0.03m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €0.03m | €0.006m | €412 | €0.001m | €0.05m | ▲ 40× |
| Other operating charges640/8 | - | - | - | €0.009m | €0.008m | €0.008m | €0.008m | €0.008m | ▲ 0.2% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.006m | €468 | - | - |
| Gross operating margin9900 | €0.8m | €0.8m | €0.7m | €1.0m | €1.0m | €0.8m | €0.7m | €0.7m | ▲ 10.1% |
| Operating profit (loss)9901 | €0.02m | €0.02m | €0.06m | €0.3m | €0.3m | €0.04m | €0.01m | €0.04m | ▲ 202% |
| Financial income75/76B | - | - | - | €0.07m | €0.07m | €0.05m | €0.04m | €0.04m | ▲ 2.2% |
| Recurring financial income75 | €0.04m | €0.05m | €0.05m | €0.07m | €0.07m | €0.05m | €0.04m | €0.04m | ▲ 2.2% |
| Non-recurring financial income76B | - | - | - | €291 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | ▲ 9.9% |
| Recurring financial charges65 | €0.04m | €0.04m | €0.04m | €0.05m | €0.05m | €0.04m | €0.04m | €0.04m | ▲ 9.9% |
| Profit (loss) for the period before taxes9903 | €0.01m | €0.04m | €0.06m | €0.3m | €0.3m | €0.05m | €0.02m | €0.04m | ▲ 145% |
| Income taxes67/77 | €339 | €0.01m | €0.02m | €0.08m | €0.09m | €0.03m | €0.01m | €0.02m | ▲ 13.8% |
| Profit (loss) for the period9904 | €0.01m | €0.02m | €0.04m | €0.2m | €0.2m | €0.02m | €0.004m | €0.03m | ▲ 583% |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.02m | €0.04m | €0.2m | €0.2m | €0.02m | €0.004m | €0.03m | ▲ 583% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.1m | €1.0m | €1.0m | €1.2m | €1.3m | €1.3m | €1.3m | €1.3m | ▲ 4.1% |
| Formation expenses20 | €0.07m | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.2m | €0.2m | €0.08m | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 24.7% |
| Intangible fixed assets21 | €0.04m | €0.05m | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.08m | €0.08m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 24.7% |
| Plant, machinery and equipment23 | - | - | - | €0.08m | €0.05m | €0.05m | €0.07m | €0.09m | ▲ 26.2% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.06m | €0.06m | €0.06m | €0.08m | ▲ 30.0% |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.009m | €0.006m | ▼ 26.6% |
| Current assets29/58 | €0.8m | €0.8m | €0.9m | €1.1m | €1.2m | €1.2m | €1.1m | €1.1m | ▲ 1.6% |
| Stocks and contracts in progress3 | €0.5m | €0.4m | €0.5m | €0.6m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 5.1% |
| Stocks30/36 | - | - | - | €0.6m | €0.8m | €0.7m | €0.7m | €0.8m | ▲ 5.1% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 4.6% |
| Trade receivables40 | - | - | - | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 4.0% |
| Other amounts receivable41 | - | - | - | €0.002m | - | - | €0.001m | - | - |
| Cash at bank and in hand54/58 | €0.02m | €0.04m | €0.1m | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 2.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.02m | €0.01m | ▼ 29.2% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.1m | €1.0m | €1.0m | €1.2m | €1.3m | €1.3m | €1.3m | €1.3m | ▲ 4.1% |
| Equity10/15 | €0.6m | €0.7m | €0.7m | €0.9m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 2.5% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Capital10 | - | - | - | €0.7m | €0.7m | €0.7m | - | - | - |
| Issued capital100 | - | - | - | €0.7m | €0.7m | €0.7m | - | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | - | €0.7m | - |
| Other1109/19 | - | - | - | - | - | - | - | €0.7m | - |
| Reserves13 | €0.1m | €0.1m | €0.1m | €0.2m | €0.3m | €0.4m | €0.4m | €0.4m | ▲ 7.4% |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.07m | €0.07m | - | - | - |
| Legal reserve130 | - | - | - | €0.07m | €0.07m | €0.07m | - | - | - |
| Distributable reserves133 | - | - | - | €0.08m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 7.4% |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.2m | - | - | - | - | - | - |
| Amounts payable17/49 | €0.4m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | ▲ 16.5% |
| Amounts payable after more than one year17 | €0.04m | €0.03m | €0.01m | €0.007m | - | - | €0.005m | €0.03m | ▲ 492% |
| Financial debts170/4 | - | - | - | €0.007m | - | - | €0.005m | €0.03m | ▲ 492% |
| Amounts payable within one year42/48 | €0.4m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 0.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.008m | €0.007m | - | €0.003m | €0.01m | ▲ 234% |
| Financial debts43 | - | - | - | €0.1m | - | - | €0.01m | - | - |
| Credit institutions430/8 | - | - | - | €0.1m | - | - | €0.01m | - | - |
| Trade debts44 | €0.07m | €0.08m | €0.02m | €0.03m | €0.09m | €0.05m | €0.05m | €0.03m | ▼ 50.1% |
| Suppliers440/4 | - | - | - | €0.03m | €0.09m | €0.05m | €0.05m | €0.03m | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | €0.07m | €0.1m | ▲ 45.0% |
| Taxes450/3 | - | - | - | €0.05m | €0.04m | €0.06m | €0.02m | €0.05m | ▲ 126% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.09m | €0.06m | €0.05m | €0.05m | ▲ 9.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €85 | €158 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,608 | €24,930 | €39,496 | €191,391 | €189,178 | €23,417 | €4,069 | €27,792 | ▲ 583% |
| + Depreciation and write-downs630 | €100,013 | €96,468 | €91,691 | €31,637 | €27,053 | €33,102 | €37,524 | €47,660 | ▲ 27.0% |
| Operating cash flow (approximation) | €113,620 | €121,398 | €131,187 | €223,027 | €216,231 | €56,519 | €41,593 | €75,452 | ▲ 81.4% |
| Investment in fixed assets (approximation) | - | -€71,247 | -€14,719 | -€31,996 | -€64,504 | -€21,584 | -€75,106 | -€82,447 | ▼ 9.8% |
| Change in cash | - | €23,725 | €77,398 | €40,507 | -€62,578 | €88,537 | -€31,853 | -€3,737 | ▲ 88.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as Robaco has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Robaco itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for Robaco. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-04-2026 | 2026-00101011 | |
| 31-12-2024 | abbreviated format | 30-04-2025 | 2025-00088749 | |
| 31-12-2023 | abbreviated format | 02-05-2024 | 2024-00081284 | |
| 31-12-2022 | abbreviated format | 13-06-2023 | 2023-00136646 | |
| 31-12-2021 | abbreviated format | 14-06-2022 | 2022-20061371 | |
| 31-12-2020 | abbreviated format | 11-05-2021 | 2021-13600522 | |
| 31-12-2019 | abbreviated format | 26-03-2020 | 2020-07500245 | |
| 31-12-2018 | abbreviated format | 13-06-2019 | 2019-17300316 | |
| 31-12-2017 | abbreviated format | 30-03-2018 | 2018-08100490 | |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36600334 |
Board & ownership
Directors
Directors
3 directors, last change in 2024
Board 3
Bruno Vermote
Current
Director (not named in the articles) · in office according to the act of 18-01-2024 · listed in the 2025 annual accounts, filed on 30-04-2026
Julie Vermote
Current
Director (not named in the articles) · in office according to the act of 18-01-2024 · listed in the 2025 annual accounts, filed on 30-04-2026
PAROBA
Current
Director (not named in the articles) · in office according to the act of 18-01-2024 · Legal entity · permanent representative: BAERT Christine · listed in the 2025 annual accounts, filed on 30-04-2026
Permanent representatives 1
BAERT Christine
Current
Permanent representative · in office according to the act of 18-01-2024 · for PAROBA
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 23 - Vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de vennootschap…”
deed of 27-02-2024Owners and capital
Shareholders
1 ownerChain of control
- PAROBA
- Robaco
Owners 1
- PAROBAparentSourceaccounts PAROBA 2025Equity €2.0m Profit of €12,400 in 2025 (profit of €7,540 in 2024) Checked score 97100%
Capital transactions
Capital over time
- 23-04-2024 Converted to unavailable equity · €818,400
Mandate history
4 people, 3 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Bruno Vermote |
|
| Julie Vermote |
|
| PAROBA |
|
| Christine Baert |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “6000, gelijk aandeel in winst”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Indien meer dan één vereffenaar benoemd of aangewezen vormen zij college dat beraadslaagt en besluit overeenkomstig artikel 2:41 WVV onder…”
Articles of association, deed of 27-02-2024 (in Dutch)
Network & group
Companies at the same address
1 other companyConnections & network
3 current directorsThe network starts from the directors of Robaco. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
30-04
abbreviated format · 92 days before the deadline
2025
30-04
abbreviated format · 92 days before the deadline
2024
31-12
Financial
Weakest financial yearnet €4,069 ▼82.6%
The net result drops to €4,069, the lowest from 2018 to 2025. It recovers the following year.
02-05
abbreviated format · 90 days before the deadline
23-04
Gazette deed
MiscellaneousCapital conversion · Power of attorney4 points ▸
Gazette deed
Miscellaneous
Capital conversion · Power of attorney4 points ▸
- General meeting, 17-04-2024
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “beschikbaar eigen vermogen” (deed in Dutch)
- Power of attorney
27-02
Gazette deed
3 directors appointed, 4 directors resigning, 3 reappointedResignations: BAERT Christine, PAROBA and 2 others · Reappointments: PAROBA, VERMOTE Bruno and VERMOTE Julie · Permanent representative: BAERT Christine26 points ▸
Gazette deed
3 directors appointed, 4 directors resigning, 3 reappointed
Resignations: BAERT Christine, PAROBA and 2 others · Reappointments: PAROBA, VERMOTE Bruno and VERMOTE Julie · Permanent representative: BAERT Christine26 points ▸
- General meeting, 08-02-2024
- Director resignation, BAERT Christine (director)
- Director reappointment, PAROBA (director)
- Director reappointment, VERMOTE Bruno (director)
- Director reappointment, VERMOTE Julie (director)
- Permanent representative, BAERT Christine
- General meeting, 23-10-2023
- Approval, “eenparigheid van stemmen, omzetting naar besloten vennootschap” (deed in Dutch)
- Net-asset statement, 31-12-2023
- Auditor report, EUR, “gemeenschappelijke IBR-IBA norm inzake opdracht beroepsbeoefenaar bij omzetting rechtsvorm” (deed in Dutch)
- Approval, “eenparigheid van stemmen, verslag bedrijfsrevisor” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- The act holds 14 more points.
18-01
Gazette deed
1 director resigning, 3 reappointedResignation: Christine Baert (director) · Reappointments: Paroba NV, Bruno Vermote and Julie Vermote · Permanent representative: Christine Baert7 points ▸
Gazette deed
1 director resigning, 3 reappointed
Resignation: Christine Baert (director) · Reappointments: Paroba NV, Bruno Vermote and Julie Vermote · Permanent representative: Christine Baert7 points ▸
- General meeting, 23-10-2023
- Director resignation, Christine Baert (director)
- Director reappointment, Paroba NV (director)
- Permanent representative, Christine Baert
- Director reappointment, Bruno Vermote (director)
- Director reappointment, Julie Vermote (director)
- Director discharge, Christine Baert
2023
13-06
abbreviated format · 48 days before the deadline
2022
31-12
Financial
Equity above €1mequity €1.1m ▲21%
With a profit in every financial year since 2018, equity grows to €1.1m.
14-06
abbreviated format · 47 days before the deadline
2021
31-12
Financial
Highest result from 2018 to 2025net €191,391 ▲385%
The net result of €191,391 is the highest of those years.
11-05
abbreviated format · 81 days before the deadline
Show earlier events
2020
26-03
abbreviated format · 127 days before the deadline
2019
13-06
abbreviated format · 48 days before the deadline
2018
30-03
abbreviated format · 123 days before the deadline
2017
28-07
abbreviated format · 3 days before the deadline
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Robaco in Dutch
Enterprise number
0405.446.439
Legal form
Private limited company
Status
Active, normale toestand
Founded
01-01-1968
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 27-02-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland…”
deed of 27-02-2024 (in Dutch)Registered office and establishments
Registered office
Gentseweg 432, 8793 Waregem, Belgium
Establishment unit
Gentseweg 432, 8793 Waregem since 01-02-1966 · unit number 2.000.800.885
Activities
NACEBEL 2025VAT activities
46620
Wholesale of machine tools main activity
95290
Repair and maintenance of other personal and household goods
Social security (RSZ) activities
46620
Wholesale of machine tools main activity
Codes under NACEBEL 2008
VAT activities
46620
Wholesale of machine tools main activity
95290
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Social security (RSZ) activities
46620
Wholesale of machine tools main activity
Codes under NACEBEL 2003
VAT activities
51810
main activity
52740
Social security (RSZ) activities
51810
main activity
Joint committee
149.04 Paritair Subcomité voor de metaalhandel annual accounts 2022
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 27-02-2024 (in Dutch)
“Aankoop,verkoop,handel,vertegenwoordiging,alsook- alle handelingen in verband met onderhoud,herstellen en fabriceren van…”
Text of the purpose
“Aankoop,verkoop,handel,vertegenwoordiging,alsook- alle handelingen in verband met onderhoud,herstellen en fabriceren van machines,gereedschap en toebehoren,inzonderheid lijm voor houtbewerking,materieel voor aannemers en allerlei onderdelen ervan;”
Invoicing and payment
VAT number
BE 0405.446.439
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of April at 18:00
deed of 27-02-2024 (in Dutch)Environmental permits
1 application in Flanders since 2024 · 1 granted
Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande gebouwen
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
823 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34035B0265/00D000 | Flanders | 823 m² | - | - |