Equity
€1.3m from €3.2m in 2017
Equity fell by 59% in 8 years.
ROC VASTGOED
Lifetime
13 annual accounts with figures on one time axisGross marginpeak €2.5m (2016)
€157,395▲ 127%
Resultlowest -€200,111 (2019)
€109,142▲ 283%
Equitypeak €3.2m (2017)
€1.3m▲ 8.9%
Debts
€326,261▲ 30.7%
Board3 names since 2017
3 directorsDésiré Stadsbader and 2 others
Owners5 names in the annual accounts
25%Bouw Georges Tanghe and 3 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025financial year
Gross margin from €69,339 to €157,395Result from €28,470 to €109,142Debts from €249,556 to €326,261Cash from €119,860 to €453,450
Key points
from the 2025 annual accountsResult
€109,142 ▲ 283%
The result rose in 2025 from €28,470 to €109,142.
Turnover
≈ €320,000 estimated
The accounts state no turnover.
Debts
€326,261 ▲ 30.7%
Debts rose by €76,704 in 2025.
Filings
13 annual accounts since 2013
The last five annual accounts were filed 12 to 43 days before the end of the period.
Position in the sector
80.4%
Higher solvency than 86% of companies in architecture and engineering. Sector median 41.4% · 891 companies.
Checked score
95
Excellent
Financially stronger than 63% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 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 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: 0.1%▲ +0.1 percentage points 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%▼ -0.1 percentage points 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 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 5.11, cash €453,450
Figures for financial year 2025 (filed on 18-06-2026)
Size: total assets €1.7m
Equity €1.3m (80.4% of total assets)
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 71, micro). It does better than 87% of them on solvency, 67% on liquidity, 43% on profitability and 55% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as ROC VASTGOED has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.1%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of ROC VASTGOED itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 17,811 companies, not a prediction for ROC VASTGOED. 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.
Credit verdict
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.11 (5.87 in 2024), above the usual 1.5. Short-term debt is 19.5% and cash 27.3% of total assets. 19.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.3m
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
13 days early
2023
12 days early
2022
19 days early
2021
19 days early
2020
22 days early
2019
23 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 22 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 12 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
DS
Désiré Stadsbader
Director, Valcke Dominique, since 28-06-2023
- Bouw Georges Tanghe 25%score 95equity €6.9m (2025) · 2025 annual accounts of Bouw Georges Tanghe
- Chapter George 25%score 82equity €14.6m (2025) · 2025 annual accounts of Chapter George
- D.S.R.T. 25%score 89equity €43.4m (2025) · 2025 annual accounts of D.S.R.T.
Recent changes
Environmental permit granted
Bouwen of herbouwen · Harelbeke
Environmental permit granted
Verbouwen / Wijzigen Infrastructuur · Harelbeke
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0502851364
3 directors appointed
D.S.R.T., Chapter George and DESIRE STADSBADER · Permanent representatives: Tanghe Rita, Valcke Stephanie and Valcke Dominique · General meeting of 15-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ROC VASTGOED Harelbeke | €1.7m | €157,395 | 80.4% | - |
| DELTA-PROJECT & MANAGEMENT Heusden-Zolder | €1.6m | €176,305 | 21.2% | - |
| STEVEN THEUNYNCK ARCHITECT Kortrijk | €1.8m | €125,426 | 52.5% | - |
| BLUELINK Kortrijk | €1.3m | €170,575 | -22.9% | - |
| KNK ENGINEERING Zedelgem | €1.2m | €170,813 | 96.9% | - |
| Mies Architectuur Zoersel | €1.5m | €151,537 | 65.5% | - |
| JIMMOG Nivelles | €1.6m | €118,882 | 2.8% | - |
These companies have the same main activity as ROC VASTGOED: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €1.2m and €1.8m, founded between 2009 and 2015.
Official details
Source: KBO- Status
- Active since 09-01-2013Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 6 November 2026.
- Activity
- Activities of building architectsNACE 71111and 1 other
- Establishment unit
- 2.218.066.5348530 Harelbeke, since 17-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- Total assets
- €1.7m▲ 12.6%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Companies linked to ROC VASTGOED
Shareholders
Insights on ROC VASTGOED
ROC VASTGOED has existed since 2013. The gross margin fell from €2.5m in 2016 to €120,256 in 2017.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ROC VASTGOED
- What is the company number of ROC VASTGOED?
- The company number of ROC VASTGOED is 0502.851.364. The VAT number is the same number with BE in front: BE 0502.851.364.
- Where is ROC VASTGOED based?
- The registered office is at Harpstraat 5, 8530 Harelbeke.Company details
- What does ROC VASTGOED do?
- According to the KBO register, the main activity is activities of building architects (NACE 71111).
- What is the legal form of ROC VASTGOED?
- ROC VASTGOED is a public limited company (NV).
- When was ROC VASTGOED founded?
- ROC VASTGOED was founded on 09-01-2013.
- Is ROC VASTGOED still active?
- Yes, ROC VASTGOED is an active enterprise in the KBO register.
- What is the turnover of ROC VASTGOED?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €157,395 and 53 comparable companies (NACE 711). It probably lies between €240,000 and €480,000. In financial year 2022 turnover was €2.0m.Financials
- Is ROC VASTGOED profitable?
- In financial year 2025, ROC VASTGOED made a profit of €109,142.
- Where can I find the annual accounts of ROC VASTGOED?
- ROC VASTGOED filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ROC VASTGOED due?
- ROC VASTGOED must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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