Skip to content

RODEL

Active
Private limited companyfounded 201610 yrs activeTenhovestraat 15, 8700 Tielt, BelgiumKBO/BCE: BE 0650.782.797
Summary

RODEL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▼-6
Solvency42▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 0.73 in 2024; short-term debt: 43.7% and cash: 2.2% of total assets), and 83.2% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
16.8%
Return on assets
3.7%
Age of the figures
9 mo
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €292k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 d late
2024
35 d early
2023
98 d early
2022
5 d early
2021
25 d late
2020
13 d early
2019
185 d late
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

RODEL was incorporated on 25 March 2016.1 Total assets rose from EUR 36,422 in 2018 to EUR 1.7 million in 2025 and headcount from 0.1 to 7.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Financials · fiscal year 2025, micro schema

Equity
€292k▲ 28.5%
2024 · €228k
Total assets
€1.74M▲ 59.0%
2024 · €1.09M
Net result
€65k▼ 27.7%
2024 · €90k
Working capital
€375k
2024 · €-167k
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€513€-9k€181k€125k▼ 31.0%€106k▼ 14.9%
Net result€369€-9k€134k€90k▼ 33.0%€65k▼ 27.7%
Equity€14k▲ 2.8%€4k▼ 69.7%€138k▲ 3,257%€228k▲ 65.0%€292k▲ 28.5%
Total assets€15k▼ 24.1%€9k▼ 37.5%€682k▲ 7,137%€1.09M▲ 60.4%€1.74M▲ 59.0%
Debt€1k▼ 77.5%€5k▲ 256%€544k▲ 10,140%€866k▲ 59.2%€1.45M▲ 67.0%
Working capital€-223▲ 96.6%€-2k▼ 1,018%€-135k▼ 5,326%€-167k▼ 23.9%€375k
Staff (FTE)8.67.3▼ 15.1%7.7▲ 5.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150k€200kOperating result 2021: €513€513Net result 2021: €369€369Operating result 2022: €-9k€-9kNet result 2022: €-9k€-9kOperating result 2023: €181k€181kNet result 2023: €134k€134kOperating result 2024: €125k€125kNet result 2024: €90k€90kOperating result 2025: €106k€106kNet result 2025: €65k€65k20212022202320242025€0€50k€100k€150k€200kOperating result 2023: €181k€181kNet result 2023: €134k€134kOperating result 2024: €125k€125kNet result 2024: €90k€90kOperating result 2025: €106k€106kNet result 2025: €65k€65k202320242025
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets €603k ▼ 5.5%
Current assets €1.14M ▲ 149%
Equity and liabilities €1.74M
Equity €292k ▲ 28.5%
Debt €1.45M ▲ 67.0%
Debt's share of the balance-sheet total rises from 79.2% to 83.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€293k▲
2024 · €263k
Cash flow
€252k▲
2024 · €228k
Current ratio
1.49▲
2024 · 0.73
Quick ratio
1.30▲
2024 · 0.51
Debt to equity
4.94▲
2024 · 3.80
ROE
22.2%▼
2024 · 39.4%
ROA
3.7%▼
2024 · 8.2%
Interest coverage
10.61▲
2024 · 9.93
Debt ≤ 1 year
€760k▲
2024 · €623k
Debt > 1 year
€686k▲
2024 · €243k
Income taxes
€17k▼
2024 · €20k
Staff costs
€447k▲
2024 · €402k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.09M€1.74M▲
Fixed assets21/28€638k€603k▼
Intangible fixed assets21€59k€41k▼
Tangible fixed assets22/27€579k€561k▼
Land and buildings22€45k€47k▲
Plant, machinery and equipment23€230k€298k▲
Furniture and vehicles24€304k€216k▼
Financial fixed assets28€306€956▲
Current assets29/58€456k€1.14M▲
Amounts receivable after more than one year29€200k-
Other amounts receivable291€200k-
Stocks and contracts in progress3€140k€145k▲
Stocks30/36€140k€145k▲
Amounts receivable within one year40/41€48k€934k▲
Trade receivables40€9k€621k▲
Other amounts receivable41€39k€313k▲
Cash at bank and in hand54/58€68k€38k▼
Deferred charges and accrued income490/1-€18k
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.74M▲
Equity10/15€228k€292k▲
Contributions10/11€6k€6k=
Reserves13€221k€286k▲
Distributable reserves133€221k€286k▲
Amounts payable17/49€866k€1.45M▲
Amounts payable after more than one year17€243k€686k▲
Financial debts170/4€243k€686k▲
Amounts payable within one year42/48€623k€760k▲
Current portion of amounts payable after more than one year42€170k€244k▲
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€269k€233k▼
Suppliers440/4€269k€233k▼
Taxes, remuneration and social security45€80k€76k▼
Taxes450/3€24k€38k▲
Remuneration and social security454/9€56k€38k▼
Other amounts payable47/48€4k€107k▲
Income statement Code20242025
Remuneration, social security and pensions62€402k€447k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€187k▲
Other operating charges640/8€21k€28k▲
Gross operating margin9900€685k€769k▲
Operating profit (loss)9901€125k€106k▼
Financial income75/76B€12k€4k▼
Recurring financial income75€12k€4k▼
Financial charges65/66B€26k€28k▲
Recurring financial charges65€26k€28k▲
Profit (loss) for the period before taxes9903€110k€82k▼
Income taxes67/77€20k€17k▼
Profit (loss) for the period9904€90k€65k▼
Profit (loss) for the period to be appropriated9905€90k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€65k▼
Transfer to equity691/2€90k€65k▼
To other reserves6921€90k€65k▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62--€319k€402k€447k▲ 11.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k€103k€139k€187k▲ 35.3%
Other operating charges640/8€2k€2k€14k€21k€28k▲ 37.7%
Gross operating margin9900€8k€-556€617k€685k€769k▲ 12.2%
Operating profit (loss)9901€513€-9k€181k€125k€106k▼ 14.9%
Financial income75/76B-€1€6k€12k€4k▼ 70.2%
Recurring financial income75-€1€6k€12k€4k▼ 70.2%
Financial charges65/66B€106€35€21k€26k€28k▲ 4.4%
Recurring financial charges65€106€35€21k€26k€28k▲ 4.4%
Profit (loss) for the period before taxes9903€406€-9k€166k€110k€82k▼ 25.5%
Income taxes67/77€37-€33k€20k€17k▼ 15.8%
Profit (loss) for the period9904€369€-9k€134k€90k€65k▼ 27.7%
Profit (loss) for the period to be appropriated9905€369€-9k€134k€90k€65k▼ 27.7%
Line20212022202320242025Change
Assets
Total assets20/58€15k€9k€682k€1.09M€1.74M▲ 59.0%
Fixed assets21/28€14k€7k€486k€638k€603k▼ 5.5%
Intangible fixed assets21--€77k€59k€41k▼ 30.5%
Tangible fixed assets22/27€14k€7k€408k€579k€561k▼ 3.1%
Land and buildings22--€50k€45k€47k▲ 2.8%
Plant, machinery and equipment23€14k€7k€104k€230k€298k▲ 29.8%
Furniture and vehicles24--€254k€304k€216k▼ 28.8%
Financial fixed assets28--€306€306€956▲ 212%
Current assets29/58€1k€3k€196k€456k€1.14M▲ 149%
Amounts receivable after more than one year29--€100k€200k--
Other amounts receivable291--€100k€200k--
Stocks and contracts in progress3--€40k€140k€145k▲ 3.2%
Stocks30/36--€40k€140k€145k▲ 3.2%
Amounts receivable within one year40/41€1k€2k€40k€48k€934k▲ 1,859%
Trade receivables40€844€844€8k€9k€621k▲ 6,896%
Other amounts receivable41€382€1k€31k€39k€313k▲ 707%
Cash at bank and in hand54/58€45€905€17k€68k€38k▼ 43.2%
Deferred charges and accrued income490/1----€18k-
Equity and liabilities
Total equity and liabilities10/49€15k€9k€682k€1.09M€1.74M▲ 59.0%
Equity10/15€14k€4k€138k€228k€292k▲ 28.5%
Contributions10/11€6k€6k€6k€6k€6k=
Capital10€6k€6k€6k---
Issued capital100€19k€19k€19k---
Uncalled capital101€12k€12k€12k---
Reserves13€7k€7k€132k€221k€286k▲ 29.3%
Non-distributable reserves130/1€2k€2k----
Legal reserve130€2k€2k----
Distributable reserves133€6k€6k€132k€221k€286k▲ 29.3%
Profit (loss) carried forward14-€-9k----
Amounts payable17/49€1k€5k€544k€866k€1.45M▲ 67.0%
Amounts payable after more than one year17--€212k€243k€686k▲ 182%
Financial debts170/4--€212k€243k€686k▲ 182%
Amounts payable within one year42/48€1k€5k€331k€623k€760k▲ 22.0%
Current portion of amounts payable after more than one year42--€50k€170k€244k▲ 43.3%
Financial debts43--€100k€100k€100k=
Credit institutions430/8--€100k€100k€100k=
Trade debts44€654€5k€128k€269k€233k▼ 13.4%
Suppliers440/4€654€5k€128k€269k€233k▼ 13.4%
Taxes, remuneration and social security45€610€621€53k€80k€76k▼ 4.2%
Taxes450/3€610€621€41k€24k€38k▲ 62.8%
Remuneration and social security454/9--€13k€56k€38k▼ 32.2%
Other amounts payable47/48€228--€4k€107k▲ 2,354%
Line20212022202320242025Change
Profit (loss) for the period9904€369€-9k€134k€90k€65k▼ 27.7%
+ Depreciation and write-downs630€6k€7k€103k€139k€187k▲ 35.3%
Operating cash flow (approximation)€6k€-2k€237k€228k€252k▲ 10.5%
Investment in fixed assets (approximation)-€0€-582k€-291k€-152k▲ 47.6%
Change in cash-€860€16k€51k€-29k▼ 157%

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

More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
26-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial Liquidity doublescurrent ratio 1.49
Current ratio from 0.73 to 1.49.
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Equity above €200kEq €228k ▲65%
2 profitable years in a row build equity to €228k.
24-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €134k
Net result €134k after one loss-making year.
31-12
Financial Equity above €100kEq €138k ▲3,257%
Equity rises from €4k to €138k.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial Back to profitnet €369
Net result €369 after one loss-making year.
18-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
01-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
Show earlier events
2020
31-12
Financial Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
28-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,302 m²
Building footprint
1,490 m²
Volume, LiDAR
7,837 m³
Parcel 37303H0093/00A000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
RODEL
Tenhovestraat 15, 8700 TieltManufacture of food products
since 20242.362.614.647
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37303H0093/00A000 Flanders 3,302 m² 1 · 1,490 m² 6.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 352 EUR awarded · 352 EUR paid
Year Entries awardedpaid
2025 1 176 EUR176 EUR
2024 1 0 EUR176 EUR
2023 1 176 EUR0 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 352 EUR · 352 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Tielt2.362.614.647
1 permission
Toelating · Ambulante vleeswinkel · since 26-08-2024

Similar companies · same sector, comparable size

Of 3,824 companies in sector 47210 we hold annual accounts for 965. 654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56120Mobile food service activities

Scores and ratios are computed by Checked and are not a credit decision.