Rodeo
ActiveSummary
Rodeo has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €791,471 and a net result of €64,387. Equity is growing by ~4% per year across the filed fiscal years. Its solvency ranks better than 81% of 697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-4
Solvency90▼-8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity short (current ratio 0.64 against 0.83 in 2024; short-term debt: 32.5% and cash: 9.1% of total assets), and 35.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.7%
Return on assets
5.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
1 d early
2022
5 d early
2021
4 d early
2020
12 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 45% of the sector filed late.
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by equity in Berlare, Accommodation and food service sector#1 oldest company in Berlare, Accommodation and food service sector#2 company by total assets in Berlare, Accommodation and food service sector
Equity
€791,471▼ 0.9%
2024 · €798,805
Total assets
€1.2m▲ 11.3%
2024 · €1.1m
Net result
€64,387▼ 25.6%
2024 · €86,541
Working capital
-€141,708▼ 230%
2024 · -€42,920
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€62,363▼ 11.3%€43,303▼ 30.6%€109,278▲ 152%€131,269▲ 20.1%€102,395▼ 22.0%
Net result€41,051above the sector's middle half▼ 19.3%€27,689within the sector's middle half▼ 32.5%€75,984above the sector's middle half▲ 174%€86,541above the sector's middle half▲ 13.9%€64,387within the sector's middle half▼ 25.6%
Equity€707,231above the sector's middle half▲ 6.0%€734,121above the sector's middle half▲ 3.8%€713,097above the sector's middle half▼ 2.9%€798,805above the sector's middle half▲ 12.0%€791,471above the sector's middle half▼ 0.9%
Total assets€885,065above the sector's middle half▲ 5.7%€875,860within the sector's middle half▼ 1.0%€1.0mabove the sector's middle half▲ 19.1%€1.1mabove the sector's middle half▲ 5.4%€1.2mwithin the sector's middle half▲ 11.3%
Debt€177,833▲ 4.5%€141,739▼ 20.3%€330,050▲ 133%€300,431▼ 9.0%€431,751▲ 43.7%
Working capital-€6,959▲ 84.2%€12,781-€56,394-€42,920▲ 23.9%-€141,708▼ 230%
Solvency79.9%above the sector's middle half▲ 0.2pp83.8%above the sector's middle half▲ 3.9pp68.4%above the sector's middle half▼ 15.5pp72.7%above the sector's middle half▲ 4.3pp64.7%above the sector's middle half▼ 8.0pp
above
within
below
the middle half (P25 to P75) of NACE 55, Accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€967,431 ▲ 8.5%
Current assets
€255,791 ▲ 23.4%
Equity and liabilities €1.2m
Equity
€791,471 ▼ 0.9%
Debt
€431,751 ▲ 43.7%
Debt's share of the balance-sheet total rises from 27.3% to 35.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€157,118▼
2024 · €167,312
Cash flow
€119,109▼
2024 · €122,583
Current ratio
0.64▼
2024 · 0.83
Quick ratio
0.43▼
2024 · 0.62
Debt to equity
0.55▲
2024 · 0.38
ROE
8.1%▼
2024 · 10.8%
ROA
5.3%▼
2024 · 7.9%
Interest coverage
11.84▼
2024 · 25.17
Debt ≤ 1 year
€397,499▲
2024 · €250,154
Debt > 1 year
€34,068▼
2024 · €50,039
Income taxes
€25,719▼
2024 · €39,553
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,082 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €4,250 | €0 | €11,000 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,937 | €14,100 | €7,770 | €36,042 | €54,722 | ▲ 51.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €25,488 | - |
| Other operating charges640/8 | €16,395 | €17,233 | €19,185 | €20,945 | €20,069 | ▼ 4.2% |
| Non-recurring operating charges66A | - | €2,220 | €0 | - | - | - |
| Gross operating margin9900 | €91,695 | €76,856 | €136,233 | €188,257 | €202,675 | ▲ 7.7% |
| Operating profit (loss)9901 | €62,363 | €43,303 | €109,278 | €131,269 | €102,395 | ▼ 22.0% |
| Financial income75/76B | €69 | €5 | €805 | €1,472 | €984 | ▼ 33.2% |
| Recurring financial income75 | €69 | €5 | €805 | €1,472 | €984 | ▼ 33.2% |
| Financial charges65/66B | €1,380 | €673 | €848 | €6,646 | €13,273 | ▲ 99.7% |
| Recurring financial charges65 | €1,380 | €673 | €848 | €6,646 | €13,273 | ▲ 99.7% |
| Profit (loss) for the period before taxes9903 | €61,051 | €42,634 | €109,235 | €126,094 | €90,106 | ▼ 28.5% |
| Income taxes67/77 | €20,000 | €14,945 | €33,252 | €39,553 | €25,719 | ▼ 35.0% |
| Profit (loss) for the period9904 | €41,051 | €27,689 | €75,984 | €86,541 | €64,387 | ▼ 25.6% |
| Profit (loss) for the period to be appropriated9905 | €41,051 | €27,689 | €75,984 | €86,541 | €64,387 | ▼ 25.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €885,065 | €875,860 | €1.0m | €1.1m | €1.2m | ▲ 11.3% |
| Fixed assets21/28 | €720,820 | €725,759 | €837,341 | €892,002 | €967,431 | ▲ 8.5% |
| Tangible fixed assets22/27 | €720,820 | €725,759 | €837,341 | €892,002 | €967,431 | ▲ 8.5% |
| Land and buildings22 | €705,400 | €719,115 | €727,705 | €802,251 | €833,583 | ▲ 3.9% |
| Plant, machinery and equipment23 | €6,551 | €6,644 | €7,689 | €8,440 | €8,879 | ▲ 5.2% |
| Furniture and vehicles24 | €8,870 | €0 | €101,948 | €81,311 | €124,968 | ▲ 53.7% |
| Current assets29/58 | €164,245 | €150,101 | €205,806 | €207,234 | €255,791 | ▲ 23.4% |
| Stocks and contracts in progress3 | €17,897 | €10,216 | €41,569 | €52,974 | €83,154 | ▲ 57.0% |
| Stocks30/36 | €17,897 | €10,216 | €41,569 | €52,974 | €83,154 | ▲ 57.0% |
| Amounts receivable within one year40/41 | €39,965 | €43,474 | €85,479 | €62,914 | €54,424 | ▼ 13.5% |
| Trade receivables40 | €22,734 | €26,983 | €31,368 | €62,064 | €54,424 | ▼ 12.3% |
| Other amounts receivable41 | €17,232 | €16,491 | €54,111 | €850 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €100,272 | €90,863 | €71,540 | €87,925 | €110,751 | ▲ 26.0% |
| Deferred charges and accrued income490/1 | €6,110 | €5,549 | €7,219 | €3,422 | €7,462 | ▲ 118% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €885,065 | €875,860 | €1.0m | €1.1m | €1.2m | ▲ 11.3% |
| Equity10/15 | €707,231 | €734,121 | €713,097 | €798,805 | €791,471 | ▼ 0.9% |
| Contributions10/11 | €333,000 | €333,000 | €333,000 | €333,000 | €333,000 | = |
| Capital10 | €333,000 | €333,000 | €333,000 | €333,000 | €333,000 | = |
| Issued capital100 | €333,000 | €333,000 | €333,000 | €333,000 | €333,000 | = |
| Reserves13 | €244,984 | €272,673 | €258,715 | €345,255 | €338,754 | ▼ 1.9% |
| Non-distributable reserves130/1 | €33,300 | €33,300 | €33,300 | €33,300 | €33,300 | = |
| Legal reserve130 | €33,300 | €33,300 | €33,300 | €33,300 | €33,300 | = |
| Tax-exempt reserves132 | €8,305 | €8,305 | €8,305 | €8,305 | €8,305 | = |
| Distributable reserves133 | €203,379 | €231,068 | €217,109 | €303,650 | €297,149 | ▼ 2.1% |
| Profit (loss) carried forward14 | €129,247 | €128,447 | €121,382 | €120,549 | €119,716 | ▼ 0.7% |
| Amounts payable17/49 | €177,833 | €141,739 | €330,050 | €300,431 | €431,751 | ▲ 43.7% |
| Amounts payable after more than one year17 | €6,630 | €4,420 | €67,550 | €50,039 | €34,068 | ▼ 31.9% |
| Financial debts170/4 | €6,630 | €4,420 | €67,550 | €50,039 | €34,068 | ▼ 31.9% |
| Amounts payable within one year42/48 | €171,204 | €137,320 | €262,200 | €250,154 | €397,499 | ▲ 58.9% |
| Current portion of amounts payable after more than one year42 | €11,510 | €2,394 | €17,054 | €18,757 | €17,271 | ▼ 7.9% |
| Trade debts44 | €26,843 | €25,671 | €50,774 | €46,538 | €60,360 | ▲ 29.7% |
| Suppliers440/4 | €26,843 | €25,671 | €50,774 | €46,538 | €60,360 | ▲ 29.7% |
| Taxes, remuneration and social security45 | €21,583 | €12,714 | €8,623 | €24,152 | €6,602 | ▼ 72.7% |
| Taxes450/3 | €21,583 | €12,714 | €8,623 | €24,152 | €5,902 | ▼ 75.6% |
| Remuneration and social security454/9 | - | - | - | - | €700 | - |
| Other amounts payable47/48 | €111,268 | €96,540 | €185,749 | €160,707 | €313,266 | ▲ 94.9% |
| Accrued charges and deferred income492/3 | - | - | €300 | €238 | €184 | ▼ 22.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,051 | €27,689 | €75,984 | €86,541 | €64,387 | ▼ 25.6% |
| + Depreciation and write-downs630 | €12,937 | €14,100 | €7,770 | €36,042 | €54,722 | ▲ 51.8% |
| Operating cash flow (approximation) | €53,988 | €41,790 | €83,754 | €122,583 | €119,109 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€19,039 | -€119,353 | -€90,704 | -€130,150 | ▼ 43.5% |
| Change in cash | - | -€9,409 | -€19,323 | €16,385 | €22,827 | ▲ 39.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €86,541 ▲13.9%
Operating result €131,269, net result €86,541, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €20,006 ▼10.1%
Net result drops to €20,006, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Berlare · 3 establishment units since 2009
Ground area
4,611 m²
Building footprint
209 m²
Volume, LiDAR
1,424 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Verblijfpark Rodeo
since 20092.182.204.347
Rodeo
since 20182.282.376.148
Milou Beautique
since 20242.357.664.083
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42017B0365/00M000 | Flanders | 3,695 m² | - | - |
| 42017B0352/00E000 | Flanders | 915 m² | 1 · 209 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBerlare2.182.204.347
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Of 441 companies in sector 55300 we hold annual accounts for 292. 236 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-03-1973
Fiscal year end31-12
Activities, NACEBEL 2025
55300Accommodation
47120Other non-specialised retail sale
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47721Retail sale of footwear
47750Retail sale of cosmetics and toilet articles
47770Retail sale of watches and jewellery
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
96220Beauty care and other beauty treatments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0413033918
Registered
18-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.