Turnover
≈ €1.2m estimated
The micro format states no turnover.
Roca
Overview
Lifetime
1 annual account with figurespeak €1.2m (2025)
€1.2m
peak €723,661 (2025)
€723,661
peak €724,661 (2025)
€724,661
€1.7m
Board1 name since 2024
1 directorROGERS Michael
Documentsfilings and deeds
24-09-202655 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsDebts
€1.7m 70% of the balance sheet
Financial debts 82%Suppliers 1%Taxes and wages 14%Other 3%
Of this, €313,321 falls due within a year.
Position in the sector
€723,661
Higher net result than 95% of companies in real estate. Sector median €5,994 · 17,181 companies.
2025 accounts filed 55 days after the deadline
Checked score
95
Excellent
Financially stronger than 80% of small companies in real estate (NACE 68)
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 6,995 companies (NACE 68, small).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2025: 0.7%
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.8%▲ +0.1 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%▲ +0.1 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 0.9%▼ -0.1 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.9 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 55 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €2.4m
Sector: Real estate activities (NACE 68)
Figures for financial year 2025 (filed on 24-09-2026)
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 68, small). It does better than 50% of them on solvency, 92% on liquidity and 99% on profitability.
The bankruptcy probability was computed on 09-11-2026 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, 1,602 companies had the same profile as Roca has now. Each dot stands for 5 companies, two years later.
96.4%
were still trading
0.9%
stopped another way
2.3%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Roca itself is lower: 0.1% within 12 months. It rests on far more data about Roca than the profile alone.
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 1,602 companies, not a prediction for Roca. 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 €65,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is tight, with a current ratio of 1.16, below the usual 1.5. Short-term debt is 12.9% and cash 14.9% of total assets. 70.2% of the assets are financed with debt and provisions.
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
Six signals.
lowers riskraises risk
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
raises risk · 2025 accounts filed 55 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 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 · 1 filingDeviation from the deadline
2025
55 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- ROGERS Michael founderdeed of 16-10-2024
- CASIER Catherine founderdeed of 16-10-2024
Recent changes
Incorporation
Founding capital of €1,000, 100 shares · Founders: ROGERS Michael and CASIER Catherine · Appointment: ROGERS Michael (director) · published on 16-10-2024 · Gazette deed
First establishment
Prinses Lydialaan 36, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Roca Leuven | €2.4m | €1.2m | 29.8% | - |
| Emax Invest Dilbeek | €1.9m | €0.8m | 31.6% | - |
| APM IMMO Esneux | €3.6m | €1.0m | 69.2% | - |
| AZURE REAL ESTATE Saint-Josse-ten-Noode | €1.3m | €1.2m | 66.2% | - |
| M&S ASSOCIES Tournai | €4.3m | €1.1m | 24.7% | - |
| StayC Ghent | €1.5m | €0.8m | 47.5% | 10.7 |
| BRIXFIN Kruisem | €2.7m | €1.5m | 32.0% | 0 |
These companies have the same main activity as Roca: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.3m and €4.3m, founded between 2021 and 2025.
Official details
Source: KBO- Status
- Active since 14-10-2024Normal situation
- Activity
- Renting and operating of own or leased residential real estate, excluding social housingNACE 68201and 5 others
- Establishment unit
- 2.368.771.9693001 Leuven, since 14-10-2024
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on Roca
Roca has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €724,661 and a net result of €723,661.
Its solvency ranks better than 51% of 17,190 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 24-09-2026, 55 days late€1.2m
€968,486
€723,661
€50,290
29.8%
1.16
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.2m. Estimated: probably between €1.2m and €1.4m.
Balance sheet
balance sheet total €2.4m on 31-12-2025What the company ownsHow it is paid for
Position in the sector
29.8%
Higher than 51% of 17,190 companies in 2025.
1.16
Higher than 51% of 16,487 companies in 2025.
29.8%
Higher than 91% of 16,866 companies in 2025.
Roca
Middle half of the sector
80% of the sector
Micro accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
2.4m | |
21/28 |
2.1m | |
22/27 |
2.1m | |
22 |
2.0m | |
23 |
1,034 | |
24 |
39,723 | |
29/58 |
363,611 | |
40/41 |
2,840 | |
41 |
2,840 | |
54/58 |
360,772 | |
| Balance sheet: equity and liabilities | ||
10/49 |
2.4m | |
10/15 |
724,661 | |
10/11 |
1,000 | |
13 |
723,661 | |
133 |
723,661 | |
17/49 |
1.7m | |
17 |
1.4m | |
170/4 |
1.4m | |
42/48 |
313,321 | |
42 |
51,218 | |
44 |
24,381 | |
440/4 |
24,381 | |
45 |
236,632 | |
450/3 |
236,632 | |
47/48 |
1,090 | |
| Income statement | ||
9900 |
1.2m | |
630 |
25,440 | |
640/8 |
240,053 | |
9901 |
968,486 | |
75/76B |
4,279 | |
75 |
4,279 | |
65/66B |
11,188 | |
65 |
11,188 | |
9903 |
961,577 | |
67/77 |
237,916 | |
9904 |
723,661 | |
9905 |
723,661 | |
| Appropriation of the result | ||
9906 |
723,661 | |
691/2 |
723,661 | |
6921 |
723,661 | |
| Document | ||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-09-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 55 days after the deadline. Filed on 24 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520943.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-09-2026 | 2026-00520943 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 993,926 | ||
| 749,102 | ||
| 2.1m | ||
| 50,290 | ||
| 29.8% | ||
| 1.16 | ||
| 2.35 | ||
| 99.9% | ||
| 29.8% | ||
| 88.84 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €2.1m |
| Intangible fixed assets | €1,332 |
| €25,440 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Roca
Debt's share of the balance-sheet total is 70.2%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
appointed by deed of 16-10-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 24-09-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 16-10-2024
Mandates through the years
1 name, the dashed line is todayROGERS Michael
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- ROGERS Michael
- Director (not named in the articles), appointed by deed of 16-10-2024, still in office
Control
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €7,247 in 2025
- Source
- deed of 16-10-2024
Articles of association
deed of 16-10-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00
Founders
At incorporation
deed of 16-10-2024 ↗
- ROGERS Michael founder
- CASIER Catherine founder
Network & group
No group
Roca has no parent and no holdings in its annual accounts. ROGERS Michael is the only director. Roca shares no director with another company.
Timeline
Timeline
3 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 55 days late
2024
IncorporationFounding capital of €1,000, 100 shares · Founders: ROGERS Michael and CASIER Catherine · Appointment: ROGERS Michael (director) · published on 16-10-20245 points ▸
- Founder, ROGERS Michael
- Founder, CASIER Catherine
- Founding capital, €1,000, 100 shares
- Board rule, 1
- Director appointment, ROGERS Michael (director (not named in the articles))
- The deed holds 2 more points.
First establishment Prinses Lydialaan 36, Leuven
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1015.035.318
- VAT number
- BE 1015.035.318
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 14-10-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Monday of June at 20:00deed of 16-10-2024 (in Dutch)
- Peppol
- Not found in the Peppol Directory
- Name
- Roca in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 16-10-2024 (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.
- “Prinses Lydialaan 36, 3001 Leuven (Heverlee)”deed of 16-10-2024 (in Dutch)
Activities
NACEBEL 202568201
Renting and operating of own or leased residential real estate, excluding social housing main activity
Codes under NACEBEL 2008
62020
IT consultancy
63990
Computing infrastructure, data processing, hosting and other information service activities
70100
Activities of head offices
70210
Activities of head offices; management consultancy activities
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Consultancy, in de meest ruime zin (business en general consulting); Alle mogelijke activiteiten die verband houden met het verlenen van…”deed of 16-10-2024 (in Dutch)
16 activities
- Consultancy, in de meest ruime zin (business en general consulting);
- Alle mogelijke activiteiten die verband houden met het verlenen van consultancy, verlenen van administratieve diensten, opleiding, technische expertise en bijstand in diverse uiteenlopende vakgebieden, voor allerlei cliënteel;
- Het organiseren van congressen, beurzen, workshops en allerlei evenementen, het spreken op zulke evenementen, het geven van opleidingen, in verschillende uiteenlopende vakgebieden;
- Het ondersteunen van de verspreiding van informatie omtrent diverse nieuwe ontwikkelingen en producten in uiteenlopende categorieën;
- Het geven van advies en verstrekken van diensten (begeleiden, beheer en implementatie) met betrekking tot de organisatie, bedrijfsprocessen en het beheer van bedrijven en ondernemingen, de vertegenwoordiging en het optreden als commercieel tussenpersoon;
- Het verlenen van bijstand, advies en leiding aan bedrijven, privépersonen en instellingen, voornamelijk doch niet uitsluitend op het vlak van management, marketing, productie en ontwikkeling, processing en het besturen van vennootschappen, dit alles in de meest ruime betekenis;
- Alle mogelijke advies- en/of dienstenfuncties
- Het ontwikkelen en commercialiseren, alsook het geven van trainingen in verband met alle vormen van communicatietechnieken en softwaretoepassingen;
- De vennootschap mag alle onderzoekswerkzaamheden ondernemen in verband met producten en procedés, alsook patenten, brevetten en merken verwerven, uitbaten en verkopen;
- Inrichting van private of schriftelijke cursussen voor algemene, beroepstechnische of wetenschappelijke vorming;
- De organisatie van evenementen, beurzen, congressen, conferenties, lezingen, en andere manifestaties, inbegrepen de verhuur van alle roerende en onroerende goederen en uitrusting die hiermee verband houden,
- Invoer, uitvoer, doorvoer, aankoop, verkoop, verhuur, distributie, ontvangst, expeditie, opslag, vervoer, bewaring, in- en uitklaring, makelarij, vertegenwoordiging, promotie, voorlegging, behandeling, verwerking, productie, verzorging, klein- en groothandel van handelsgoederen, producten en diensten;
- Tussenpersoon in de handel; alle mogelijke vertegenwoordigingen;
- Het participeren in, managen, structureren, opzetten, beheren en vereffenen van bedrijven, al dan niet met een verschillend voorwerp;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen, alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals meer erfpacht- en opstalrechten en de huurfinanciering van onroerende goederen aan derden, het aankopen en verkopen zowel in volle eigendom, vruchtgebruik als blote eigendom, ruilen, doen bouwen, doen verbouwen, onderhouden, verhuren, huren, verkavelen, prospecteren, promotie en uitbaten aan onroerende goederen, de aan- en verkoop, huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen;
- Aankopen en verkopen van aandelen en het aankopen en verkopen van ondernemingen;
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Prinses Lydialaan 36 registered office 3001 Leuven 63920 Other information service activities | 14-10-2024 | 2.368.771.969 |
Buildings and parcels at the address
- Ground area
- 150 m²
- Buildings
- 214 m²
- Volume, LiDAR
- 1,290 m³
- Tallest building
- 10.3 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24432H0056/00M008 | 150 m² | 1 · 214 m² | 10.3 m · 2 |