RODEO 5
InactiveFinancials · financial year 2025, micro format
Equity
-€31,443
2024 · €63,765
Total assets
€95,993▼ 46.5%
2024 · €179,510
Net result
-€95,208▼ 15.0%
2024 · -€82,806
Working capital
-€42,024
2024 · €31,391
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €80,245 in 2025 against €79,772 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€80,245
2025
Net result-€95,208
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€95,993
2025
Equity-€31,443
2025
Debt€120,636
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€42,024
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€4,192--€2,784▲ 33.6%-€1,999▲ 28.2%-€1,515▲ 24.2%-€71,821▼ 4,640%-€82,058▼ 14.3%-€79,772▲ 2.8%-€80,245▼ 0.6%
Net result-€24,884--€26,816▼ 7.8%-€2,394▲ 91.1%-€6,458▼ 170%€251,212-€124,939-€82,806▲ 33.7%-€95,208▼ 15.0%
Equity€55,968-€29,152▼ 47.9%€26,758▼ 8.2%€20,299▼ 24.1%€271,511▲ 13×€146,572▼ 46.0%€63,765▼ 56.5%-€31,443
Total assets€74,671-€47,483▼ 36.4%€44,989▼ 5.3%€38,231▼ 15.0%€303,892▲ 695%€180,530▼ 40.6%€179,510▼ 0.6%€95,993▼ 46.5%
Debt€18,704-€18,331▼ 2.0%€18,231▼ 0.5%€17,931▼ 1.6%€32,381▲ 80.6%€33,958▲ 4.9%€115,744▲ 241%€120,636▲ 4.2%
Working capital-€4,827--€7,960▼ 64.9%-€10,355▼ 30.1%-€12,211▼ 17.9%€205,924€103,692▼ 49.6%€31,391▼ 69.7%-€42,024
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,993
Fixed assets
€17,381 ▼ 46.3%
Current assets
€78,612 ▼ 46.6%
Equity and liabilities
Equity-€31,443
Debt€120,636
Equity is negative: debt (€120,636) exceeds the balance-sheet total (€95,993).
Key figures and ratios
EBITDA
-€80,137▼
2024 · -€79,247
Cash flow
-€95,101▼
2024 · -€82,281
Solvency
-32.8%▼
2024 · 35.5%
Current ratio
0.65▼
2024 · 1.27
ROA
-99.2%▼
2024 · -46.1%
Interest coverage
-224.15▼
2024 · -120.30
Debt ≤ 1 year
€120,636▲
2024 · €115,744
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €751 | €525 | €525 | €108 | ▼ 79.5% |
| Other operating charges640/8 | - | - | - | €348 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | - | €7,061 | - | - | €6,800 | - |
| Gross operating margin9900 | -€3,834 | -€2,436 | -€1,652 | -€1,168 | -€63,661 | -€81,148 | -€78,859 | -€72,937 | ▲ 7.5% |
| Operating profit (loss)9901 | -€4,192 | -€2,784 | -€1,999 | -€1,515 | -€71,821 | -€82,058 | -€79,772 | -€80,245 | ▼ 0.6% |
| Financial income75/76B | - | - | - | €23 | €345,302 | €0 | €7,604 | €280 | ▼ 96.3% |
| Recurring financial income75 | €26 | €12 | - | €23 | €35 | €0 | €7,604 | €280 | ▼ 96.3% |
| Non-recurring financial income76B | - | - | - | - | €345,267 | - | - | - | - |
| Financial charges65/66B | - | - | - | €4,966 | €670 | €42,882 | €10,638 | €15,244 | ▲ 43.3% |
| Recurring financial charges65 | €375 | €360 | €395 | €364 | €670 | €636 | €659 | €358 | ▼ 45.7% |
| Non-recurring financial charges66B | - | - | - | €4,603 | - | €42,246 | €9,979 | €14,886 | ▲ 49.2% |
| Profit (loss) for the period before taxes9903 | -€24,884 | -€26,813 | -€2,394 | -€6,458 | €272,812 | -€124,939 | -€82,806 | -€95,208 | ▼ 15.0% |
| Income taxes67/77 | - | €2 | - | - | €21,600 | - | - | - | - |
| Profit (loss) for the period9904 | -€24,884 | -€26,816 | -€2,394 | -€6,458 | €251,212 | -€124,939 | -€82,806 | -€95,208 | ▼ 15.0% |
| Profit (loss) for the period to be appropriated9905 | -€24,884 | -€26,816 | -€2,394 | -€6,458 | €251,212 | -€124,939 | -€82,806 | -€95,208 | ▼ 15.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €74,671 | €47,483 | €44,989 | €38,231 | €303,892 | €180,530 | €179,510 | €95,993 | ▼ 46.5% |
| Fixed assets21/28 | €60,794 | €37,112 | €37,112 | €32,510 | €65,586 | €42,879 | €32,375 | €17,381 | ▼ 46.3% |
| Tangible fixed assets22/27 | - | - | - | - | €1,158 | €633 | €108 | - | - |
| Furniture and vehicles24 | - | - | - | - | €1,158 | €633 | €108 | - | - |
| Financial fixed assets28 | €60,794 | €37,112 | €37,112 | €32,510 | €64,428 | €42,246 | €32,267 | €17,381 | ▼ 46.1% |
| Current assets29/58 | €13,877 | €10,371 | €7,877 | €5,721 | €238,306 | €137,651 | €147,135 | €78,612 | ▼ 46.6% |
| Amounts receivable within one year40/41 | €2 | - | - | - | €26,237 | €26,237 | €2,266 | €84 | ▼ 96.3% |
| Other amounts receivable41 | - | - | - | - | €26,237 | €26,237 | €2,266 | €84 | ▼ 96.3% |
| Current investments50/53 | - | - | - | - | - | - | €100,000 | - | - |
| Cash at bank and in hand54/58 | €13,875 | €10,371 | €7,877 | €5,721 | €212,068 | €111,414 | €44,578 | €78,528 | ▲ 76.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €291 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €74,671 | €47,483 | €44,989 | €38,231 | €303,892 | €180,530 | €179,510 | €95,993 | ▼ 46.5% |
| Equity10/15 | €55,968 | €29,152 | €26,758 | €20,299 | €271,511 | €146,572 | €63,765 | -€31,443 | - |
| Contributions10/11 | €49,579 | €49,579 | - | €49,579 | €49,579 | €49,579 | €49,579 | €49,579 | = |
| Reserves13 | €4,958 | €4,958 | €4,958 | €4,958 | €220,958 | €220,958 | €216,000 | €216,000 | = |
| Non-distributable reserves130/1 | - | - | - | €4,958 | €4,958 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €4,958 | €4,958 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | €216,000 | €220,958 | €216,000 | €216,000 | = |
| Profit (loss) carried forward14 | €1,431 | -€25,385 | -€27,779 | -€34,237 | €974 | -€123,965 | -€201,813 | -€297,022 | ▼ 47.2% |
| Provisions and deferred taxes16 | - | - | - | - | - | - | - | €6,800 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | - | - | - | €6,800 | - |
| Other liabilities and charges164/5 | - | - | - | - | - | - | - | €6,800 | - |
| Amounts payable17/49 | €18,704 | €18,331 | €18,231 | €17,931 | €32,381 | €33,958 | €115,744 | €120,636 | ▲ 4.2% |
| Amounts payable within one year42/48 | €18,704 | €18,331 | €18,231 | €17,931 | €32,381 | €33,958 | €115,744 | €120,636 | ▲ 4.2% |
| Trade debts44 | - | - | - | - | €1,801 | €1,233 | - | - | - |
| Suppliers440/4 | - | - | - | - | €1,801 | €1,233 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €26,729 | €26,200 | €4,550 | €5,325 | ▲ 17.0% |
| Taxes450/3 | - | - | - | - | €26,729 | €26,200 | €4,550 | €5,325 | ▲ 17.0% |
| Other amounts payable47/48 | - | - | - | €17,931 | €3,851 | €6,526 | €111,194 | €115,311 | ▲ 3.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€24,884 | -€26,816 | -€2,394 | -€6,458 | €251,212 | -€124,939 | -€82,806 | -€95,208 | ▼ 15.0% |
| + Depreciation and write-downs630 | - | - | - | - | €751 | €525 | €525 | €108 | ▼ 79.5% |
| Operating cash flow (approximation) | -€24,884 | -€26,816 | -€2,394 | -€6,458 | €251,962 | -€124,414 | -€82,281 | -€95,101 | ▼ 15.6% |
| Investment in fixed assets (approximation) | - | €23,682 | €0 | €4,603 | -€33,827 | €22,182 | €9,979 | €14,886 | ▲ 49.2% |
| Change in cash | - | -€3,504 | -€2,494 | -€2,156 | €206,347 | -€100,655 | -€66,836 | €33,950 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-03-2026 | 2026-00068343 |
| 31-12-2024 | micro format | 23-05-2025 | 2025-00115004 |
| 31-12-2023 | micro format | 22-05-2024 | 2024-00093055 |
| 31-12-2022 | micro format | 10-05-2023 | 2023-00084448 |
| 31-12-2021 | micro format | 19-05-2022 | 2022-20029987 |
| 31-12-2020 | micro format | 30-06-2021 | 2021-28500580 |
| 31-12-2019 | micro format | 29-05-2020 | 2020-13600473 |
| 31-12-2018 | micro format | 01-07-2019 | 2019-26000311 |
| 31-12-2017 | micro format | 19-06-2018 | 2018-19900004 |
| 31-12-2016 | micro format | 31-05-2017 | 2017-14100326 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.