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ROBITS

Active
Private limited companyfounded 2023active for 3 yearsSchaapsdreef(Kor) 10, 8500 Kortrijk, BelgiumKBO/BCE: BE 0801.992.535
Summary

The computed 12-month bankruptcy probability of ROBITS is 6.2% (elevated). The 2024 annual accounts show negative equity (-€470,590) and a net result of -€720,590. Its solvency ranks better than 5% of 8,979 sector peers (NACE 46, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, abbreviated format

Equity
-€470,590
Total assets
€1.1m
Net result
-€720,590
Working capital
-€797,212

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €1.1m
Fixed assets €876,336
Current assets €270,031
Equity and liabilities
Equity-€470,590
Debt€1.6m
Equity is negative: debt (€1.6m) exceeds the balance-sheet total (€1.1m).
Key figures and ratios
2024 value
EBITDA
-€569,590
Cash flow
-€599,947
Solvency
-41.0%
Current ratio
0.25
Quick ratio
0.20
ROA
-62.8%
Interest coverage
-16.47
Debt
€1.6m
Debt ≤ 1 year
€1.1m
Debt > 1 year
€551,203
Staff costs
€58,193
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 44 lines
Balance sheet Code2024
Assets
Total assets20/58€1.1m
Formation expenses20€0.001m
Fixed assets21/28€0.9m
Intangible fixed assets21€0.03m
Tangible fixed assets22/27€0.8m
Plant, machinery and equipment23€0.1m
Furniture and vehicles24€0.008m
Leasing and similar rights25€0.7m
Other tangible fixed assets26€0.02m
Financial fixed assets28€0.01m
Current assets29/58€0.3m
Stocks and contracts in progress3€0.06m
Stocks30/36€0.06m
Amounts receivable within one year40/41€0.06m
Trade receivables40€0.02m
Other amounts receivable41€0.03m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15-€0.5m
Contributions10/11€0.3m
Profit (loss) carried forward14-€0.7m
Amounts payable17/49€1.6m
Amounts payable after more than one year17€0.6m
Financial debts170/4€0.6m
Amounts payable within one year42/48€1.1m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.2m
Suppliers440/4€0.2m
Other amounts payable47/48€0.8m
Income statement Code2024
Remuneration, social security and pensions62€0.06m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m
Other operating charges640/8€0.001m
Gross operating margin9900-€0.5m
Operating profit (loss)9901-€0.7m
Financial income75/76B€0.004m
Recurring financial income75€0.004m
Financial charges65/66B€0.03m
Recurring financial charges65€0.03m
Profit (loss) for the period before taxes9903-€0.7m
Profit (loss) for the period9904-€0.7m
Profit (loss) for the period to be appropriated9905-€0.7m
Appropriation of the result
Profit (loss) to be appropriated9906-€0.7m
Social balance sheet
Average headcount (FTE)90870.7

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€58,193
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120,644
Other operating charges640/8€1,152
Gross operating margin9900-€510,245
Operating profit (loss)9901-€690,233
Financial income75/76B€4,231
Recurring financial income75€4,231
Financial charges65/66B€34,588
Recurring financial charges65€34,588
Profit (loss) for the period before taxes9903-€720,590
Profit (loss) for the period9904-€720,590
Profit (loss) for the period to be appropriated9905-€720,590
Line2024
Assets
Total assets20/58€1.1m
Formation expenses20€0.001m
Fixed assets21/28€0.9m
Intangible fixed assets21€0.03m
Tangible fixed assets22/27€0.8m
Plant, machinery and equipment23€0.1m
Furniture and vehicles24€0.008m
Leasing and similar rights25€0.7m
Other tangible fixed assets26€0.02m
Financial fixed assets28€0.01m
Current assets29/58€0.3m
Stocks and contracts in progress3€0.06m
Stocks30/36€0.06m
Amounts receivable within one year40/41€0.06m
Trade receivables40€0.02m
Other amounts receivable41€0.03m
Cash at bank and in hand54/58€0.1m
Deferred charges and accrued income490/1€0.01m
Equity and liabilities
Total equity and liabilities10/49€1.1m
Equity10/15-€0.5m
Contributions10/11€0.3m
Profit (loss) carried forward14-€0.7m
Amounts payable17/49€1.6m
Amounts payable after more than one year17€0.6m
Financial debts170/4€0.6m
Amounts payable within one year42/48€1.1m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.2m
Suppliers440/4€0.2m
Other amounts payable47/48€0.8m
Line2024
Profit (loss) for the period9904-€720,590
+ Depreciation and write-downs630€120,644
Operating cash flow (approximation)-€599,947

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 abbreviated format 18-07-2025 2025-00306835

Similar companies · same sector, comparable size

Of the 6,000 active companies whose main activity is agents in non-specialised wholesale trade (NACE 46190), figures are known for 2,555. 278 are within a factor 10 of this headcount. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2025 · 4 entries · €485,330 awarded · €276,086 paid
Year Entries AwardedPaid
2025 2 €347,244€166,086
2024 1 €0€55,000
2023 1 €138,086€55,000
Schemes
4 entries · €485,330 · €276,086 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.