RODERCO
ActiveSummary
RODERCO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €849k and a net result of €-31k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+22
Solvency49=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.02 in 2024; short-term debt: 76% and cash: 0.9% of total assets), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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
24%
Return on assets
-0.9%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
31 d early
2023
33 d early
2022
28 d early
2021
30 d early
2020
4 d early
2019
36 d early
← 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-31k
2024 · €26k
2018: €-189k
2019: €376k
2020: €-102k
2021: €-98k
2022: €-92k
2023: €-99k
2024: €26k
2018 → 2025
Working capital
€-2.62M▲ 4.5%
2024 · €-2.74M
2018: €-3.67M
2019: €-2.83M
2020: €-2.81M
2021: €-2.78M
2022: €-2.75M
2023: €-2.76M
2024: €-2.74M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.04M-€952k▼ 8.8%€853k▼ 10.4%€879k▲ 3.1%€849k▼ 3.5%
Operating result€-77k-€-72k▲ 6.5%€-74k▼ 3.0%€-78k▼ 5.7%€-5k▲ 93.2%
Net result€-98k-€-92k▲ 6.4%€-99k▼ 7.5%€26k€-31k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €78k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.54M
Fixed assets
€3.47M ▼ 4.3%
Current assets
€76k ▲ 13.3%
Equity and liabilities €3.54M
Equity
€849k ▼ 3.5%
Debt
€2.69M ▼ 4.1%
Debt's share of the balance-sheet total falls from 76.2% to 76.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€161k▲
2024 · €88k
Cash flow
€136k▼
2024 · €193k
Current ratio
0.03▲
2024 · 0.02
Debt to equity
3.17▼
2024 · 3.19
ROE
-3.6%▼
2024 · 3.0%
ROA
-0.9%▼
2024 · 0.7%
Interest coverage
6.39▲
2024 · 3.15
Debt ≤ 1 year
€2.69M▼
2024 · €2.81M
Income taxes
€93▼
2024 · €103
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.69M€3.54M▼
Fixed assets21/28€3.62M€3.47M▼
Tangible fixed assets22/27€3.62M€3.47M▼
Land and buildings22€3.46M€3.33M▼
Plant, machinery and equipment23€134k€114k▼
Furniture and vehicles24€13k€7k▼
Other tangible fixed assets26€10k€10k=
Financial fixed assets28€372€372=
Current assets29/58€67k€76k▲
Amounts receivable within one year40/41€10k€29k▲
Trade receivables40€762€802▲
Other amounts receivable41€10k€28k▲
Cash at bank and in hand54/58€45k€31k▼
Deferred charges and accrued income490/1€13k€17k▲
Equity and liabilities
Total equity and liabilities10/49€3.69M€3.54M▼
Equity10/15€879k€849k▼
Contributions10/11€1.13M€1.13M=
Capital10€1.13M€1.13M=
Issued capital100€1.13M€1.13M=
Reserves13€2k€2k=
Non-distributable reserves130/1€310€310=
Legal reserve130€310€310=
Tax-exempt reserves132€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-249k€-280k▼
Provisions and deferred taxes16€0-
Deferred taxes168€0-
Amounts payable17/49€2.81M€2.69M▼
Amounts payable within one year42/48€2.81M€2.69M▼
Financial debts43€100k€0▼
Credit institutions430/8€100k€0▼
Trade debts44€8k€12k▲
Suppliers440/4€8k€12k▲
Taxes, remuneration and social security45€16k€41k▲
Taxes450/3€16k€40k▲
Remuneration and social security454/9€0€2k▲
Other amounts payable47/48€2.68M€2.64M▼
Accrued charges and deferred income492/3€950€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€166k€167k▲
Other operating charges640/8€33k€34k▲
Gross operating margin9900€121k€195k▲
Operating profit (loss)9901€-78k€-5k▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€28k€25k▼
Recurring financial charges65€28k€25k▼
Profit (loss) for the period before taxes9903€-106k€-31k▲
Transfer from deferred taxes780€132k€0▼
Income taxes67/77€103€93▼
Profit (loss) for the period9904€26k€-31k▼
Transfer from tax-exempt reserves789€257k€0▼
Profit (loss) for the period to be appropriated9905€283k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-249k€-280k▼
Profit (loss) brought forward from the previous period14P€-533k€-249k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 4 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €376k
Net result €376k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.24M ▲43.4%
Equity rises from €867k to €1.24M.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Koksijde · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Pannelaan(Kok) 408670 KoksijdeGround area
2,551 m²
Building footprint
158 m²
Volume, LiDAR
1,210 m³
Parcel 38343A0571/00A000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RODERCO SA
since 19882.039.906.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0571/00A000 | Flanders | 2,551 m² | 1 · 158 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 563 companies in sector 35150 we hold annual accounts for 230. 124 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.