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Rocket Lab

Active Private limited companyfounded 2013active for 13 yearsMorgenlandstraat 112, 1040 EtterbeekKBO/BCE: BE 0525.702.287

Lifetime

13 annual accounts with figures on one time axis
peak €24,962 (2022)
-€4,923▼ €7,743
lowest -€16,973 (2017)
-€5,845▼ €8,217
peak €1,008 (2022)
-€19,128▼ €5,845
€21,967▲ 30.9%
Board3 names since 2017
1 directorMARDAGA Anouk
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from €2,820 to -€4,923Loss of €5,845Equity from -€13,283 to -€19,128Debts from €16,787 to €21,967Cash from €492 to €219

Key points

from the 2025 annual accounts

Equity

-€19,128
202020212022202320242025

Debts exceed assets in financial year 2025.

Filings

13 annual accounts since 2013
AprilJune31 JulyOctober201520202025

Eight of the last ten came late. The 2024 accounts came latest: 31 days after the end of the period.

Position in the sector

-673.8%

Lower solvency than 95% of companies in wholesale trade. Sector median 40.4% · 13,805 companies.

Turnover not published (micro format)

Checked score

53
Fair
Financially stronger than 9% of micro companies in wholesale trade (NACE 46)
Probability in this band: 1.5% to 4.2%

Negative equity caps the score at 59.

Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.2% 01-2025: 1.0%▼ -0.2 percentage points vs 12-2024 02-2025: 1.1%▲ +0.1 percentage points vs 01-2025 03-2025: 1.0%▼ -0.1 percentage points vs 02-2025 04-2025: 1.1%▲ +0.1 percentage points vs 03-2025 05-2025: 1.0%▼ -0.1 percentage points vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.2 percentage points vs 07-2025 09-2025: 1.4%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -0.9 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.0%▲ +0.4 percentage points vs 07-2026 09-2026: 1.2%▲ +0.2 percentage points vs 08-2026 10-2026: 1.2%● unchanged vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026

Financial strength
Weak

0=equity -673.8% of total assets
10-8short-term debt 773.8% · cash 7.7%
0-100return on assets -205.9%

Score breakdown

raises risk
Capped at 59: negative equity
Loss of €5,845 (financial year 2025)
Negative equity -€19,128
lowers risk
Size: total assets €2,839
Founded in 2013
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 6% of them on solvency, 11% on liquidity, 6% on profitability and 11% on growth.

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 low class on 30-06-2025, 0.8% 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, 6,907 companies had the same profile as Rocket Lab has now. Each dot stands for 18 companies, two years later.

85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Rocket Lab itself: 1.2% 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.

The companies in ten equal groups, from the lowest to the 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% 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 6,907 companies, not a prediction for Rocket Lab. 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

No credit on open account

The balance sheet total is too small for a liquidity verdict. Equity is negative.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
lowers risk · Size: total assets €2,839
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €5,845 (financial year 2025)
NBB · annual accounts
raises risk · Negative equity -€19,128
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€19,128
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 days late
2024
31 days late
2023
29 days late
2022
7 days late
2021
22 days late
2020
13 days late
2019
6 days late
← 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 18 days after 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 22 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

MA
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0525702287
Change of role: MARDAGA Anouk, from manager to sole director “50.100 Le transport maritime et côtier de passagers; 50.200 Le transport maritime et côtier de fret; 50.300 Le…” (deed in French) · General meeting of 09-03-2020 · Gazette deed
Resignation: Candice Dubois (manager) General meeting of 28-02-2018 · Gazette deed
New manager Candice Dubois appointed, Kirstetter Manuel resigned · General meeting of 27-09-2017 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
Rocket Lab Etterbeek €2,839 -€4,923 -673.8% -
Carluco Antwerp €2,376 -€22,039 -3592.3% -
LONGITUDE NORD-SUD Visé €3,531 -€5,474 -626.7% -
QOR GROUP Uccle €3,150 -€1,092 60.8% -
Etablissement TALSiOS La Louvière €2,230 -€517 -1433.7% -
DEBOLS Verviers €2,710 -€2,514 -3450.9% -
BWN BELGIUM Beersel €4,536 -€11,658 -1032.2% -

These companies have the same main activity as Rocket Lab: agents in non-specialised wholesale trade (NACE 46190). They are comparable in size and age: total assets between €2,230 and €4,540, founded between 2012 and 2017.

Official details

Source: KBO
Status
Active since 03-04-2013Normal situation
Registered office
10 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 10 November 2026.
Activity
Agents in non-specialised wholesale tradeNACE 46190and 4 others
Establishment unit
2.217.966.6631040 Etterbeek, since 03-04-2013
Financial year end
31 December
Peppol
Reachable since 09-03-2026
Company details

Annual accounts 2025

€2,839▼ 19.0%
Filing
Filed on 18-08-2026
Financials

Insights on Rocket Lab

Rocket Lab files the micro format. That format states no turnover. The gross margin rose from -€7,599 in 2013 to -€4,923 in 2025.

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 Rocket Lab

What is the company number of Rocket Lab?
The company number of Rocket Lab is 0525.702.287. The VAT number is the same number with BE in front: BE 0525.702.287.
Where is Rocket Lab based?
The registered office is at Morgenlandstraat 112, 1040 Etterbeek.Company details
What does Rocket Lab do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of Rocket Lab?
Rocket Lab is a private limited company (BV).
When was Rocket Lab founded?
Rocket Lab was founded on 03-04-2013.
Is Rocket Lab still active?
Yes, Rocket Lab is an active enterprise in the KBO register.
What is the turnover of Rocket Lab?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it. In financial year 2023 turnover was €43,573.Financials
Is Rocket Lab profitable?
In financial year 2025, Rocket Lab made a loss of €5,845.
Where can I find the annual accounts of Rocket Lab?
Rocket Lab filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Rocket Lab due?
Rocket Lab must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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