RODESCO
ActiveSummary
RODESCO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €881,029 and a net result of €8,711. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 95% of 451 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2026
Axes · tick = 2025
Profitability70▲+53
Solvency100=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 32.89 against 5.97 in 2025; short-term debt: 0.2% and cash: 0.1% of total assets), and 0.2% of the assets are financed with debt.
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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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2026Solvency, return and age of the figures
Solvency
99.8%
Return on assets
1%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-05-2026, 156 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
156 d early
2025
104 d early
2024
3 d early
2023
8 d early
2022
4 d early
2021
5 d early
2020
25 d late
← 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 36 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 23 October (4 of the last 5 filed years within 96 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-03-2027 close31-10-2027 deadline
History
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Financials · fiscal year 2026, micro schema
Equity
€881,029▲ 1.0%
2025 · €872,318
Total assets
€882,948▲ 0.3%
2025 · €880,578
Net result
€8,711
2025 · -€14,222
Working capital
€61,220▲ 49.1%
2025 · €41,062
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20222023202420252026
Operating result€6,857▼ 18.5%€4,772▼ 30.4%-€149,699-€20,840▲ 86.1%€9,298
Net result€113,988within the sector's middle half▲ 3,082%€263,114above the sector's middle half▲ 131%-€149,540below the sector's middle half-€14,222below the sector's middle half▲ 90.5%€8,711
Equity€1.1mwithin the sector's middle half▲ 11.6%€1.4mwithin the sector's middle half▲ 24.1%€886,540within the sector's middle half▼ 34.6%€872,318above the sector's middle half▼ 1.6%€881,029▲ 1.0%
Total assets€1.2mwithin the sector's middle half▲ 14.1%€1.4mwithin the sector's middle half▲ 21.0%€975,371within the sector's middle half▼ 31.9%€880,578above the sector's middle half▼ 9.7%€882,948▲ 0.3%
Debt€90,813▲ 56.3%€76,287▼ 16.0%€88,831▲ 16.4%€8,260▼ 90.7%€1,920▼ 76.8%
Working capital€297,845within the sector's middle half▲ 62.0%€560,959above the sector's middle half▲ 88.3%€22,632within the sector's middle half▼ 96.0%€41,062within the sector's middle half▲ 81.4%€61,220▲ 49.1%
Solvency92.3%above the sector's middle half▼ 2.1pp94.7%above the sector's middle half▲ 2.3pp90.9%above the sector's middle half▼ 3.8pp99.1%above the sector's middle half▲ 8.2pp99.8%▲ 0.7pp
Current ratio4.28above the sector's middle half▲ 0.128.35above the sector's middle half▲ 4.071.25within the sector's middle half▼ 7.105.97above the sector's middle half▲ 4.7232.89▲ 26.92
Return on assets (ROA)9.6%within the sector's middle half▲ 9.3pp18.4%above the sector's middle half▲ 8.7pp-15.3%below the sector's middle half▼ 33.7pp-1.6%below the sector's middle half▲ 13.7pp1.0%▲ 2.6pp
Staff (FTE)0.6within the sector's middle half=0.6within the sector's middle half=0.6within the sector's middle half=0.2▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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.
Why a figure moved sharply
- 2025 Net result +90% on 2024. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €9,298 after a loss of €20,840 in 2025, the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €882,948
Fixed assets
€819,809 ▼ 1.4%
Current assets
€63,139 ▲ 28.0%
Equity and liabilities €882,948
Equity
€881,029 ▲ 1.0%
Debt
€1,920 ▼ 76.8%
Debt's share of the balance-sheet total falls from 0.9% to 0.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,745▲
2025 · -€9,393
Cash flow
€20,157▲
2025 · -€2,775
Debt to equity
0.00▼
2025 · 0.01
ROE
1.0%▲
2025 · -1.6%
Interest coverage
50.87▲
2025 · -33.23
Debt ≤ 1 year
€1,920▼
2025 · €8,260
Income taxes
€180▲
2025 · €142
Staff costs
-€32▼
2025 · €6,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €13,575 | €0 | - | - |
| Remuneration, social security and pensions62 | €33,678 | €34,212 | €40,368 | €6,986 | -€32 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €695 | €11,447 | €11,447 | = |
| Other operating charges640/8 | €2,440 | €2,477 | €2,450 | €1,169 | €1,276 | ▲ 9.2% |
| Gross operating margin9900 | €42,975 | €41,461 | -€106,186 | -€1,238 | €21,990 | ▲ 1,876% |
| Operating profit (loss)9901 | €6,857 | €4,772 | -€149,699 | -€20,840 | €9,298 | ▲ 145% |
| Financial income75/76B | €123,435 | €263,120 | €4,316 | €7,043 | €0 | ▼ 100% |
| Recurring financial income75 | €123,435 | €263,120 | €4,316 | €484 | €0 | ▼ 100% |
| Non-recurring financial income76B | - | - | - | €6,558 | €0 | ▼ 100% |
| Financial charges65/66B | €2,842 | €3,378 | €3,389 | €283 | €408 | ▲ 44.2% |
| Recurring financial charges65 | €2,842 | €3,378 | €3,389 | €283 | €408 | ▲ 44.2% |
| Profit (loss) for the period before taxes9903 | €127,450 | €264,514 | -€148,772 | -€14,080 | €8,891 | ▲ 163% |
| Income taxes67/77 | €13,462 | €1,400 | €768 | €142 | €180 | ▲ 27.1% |
| Profit (loss) for the period9904 | €113,988 | €263,114 | -€149,540 | -€14,222 | €8,711 | ▲ 161% |
| Profit (loss) for the period to be appropriated9905 | €113,988 | €263,114 | -€149,540 | -€14,222 | €8,711 | ▲ 161% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.4m | €975,371 | €880,578 | €882,948 | ▲ 0.3% |
| Fixed assets21/28 | €795,121 | €795,121 | €863,907 | €831,256 | €819,809 | ▼ 1.4% |
| Tangible fixed assets22/27 | - | - | €56,539 | €45,092 | €33,646 | ▼ 25.4% |
| Plant, machinery and equipment23 | - | - | €9,220 | €7,320 | €5,420 | ▼ 26.0% |
| Furniture and vehicles24 | - | - | €47,319 | €37,773 | €28,226 | ▼ 25.3% |
| Financial fixed assets28 | €795,121 | €795,121 | €807,368 | €786,163 | €786,163 | = |
| Current assets29/58 | €388,658 | €637,246 | €111,464 | €49,323 | €63,139 | ▲ 28.0% |
| Amounts receivable within one year40/41 | €75,519 | €22,427 | €9,549 | €39,611 | €61,818 | ▲ 56.1% |
| Trade receivables40 | €19,917 | €20,078 | €149 | €23,559 | €59,970 | ▲ 155% |
| Other amounts receivable41 | €55,602 | €2,349 | €9,400 | €16,052 | €1,848 | ▼ 88.5% |
| Cash at bank and in hand54/58 | €309,271 | €610,798 | €77,007 | €8,853 | €1,321 | ▼ 85.1% |
| Deferred charges and accrued income490/1 | €3,868 | €4,021 | €24,908 | €858 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.4m | €975,371 | €880,578 | €882,948 | ▲ 0.3% |
| Equity10/15 | €1.1m | €1.4m | €886,540 | €872,318 | €881,029 | ▲ 1.0% |
| Contributions10/11 | €545,500 | €545,500 | €225,500 | €225,500 | €225,500 | = |
| Capital10 | €545,500 | €545,500 | €225,500 | €225,500 | €225,500 | = |
| Issued capital100 | €545,500 | €545,500 | €225,500 | €225,500 | €225,500 | = |
| Reserves13 | €519,526 | €532,726 | €532,726 | €532,726 | €532,726 | = |
| Non-distributable reserves130/1 | €19,310 | €32,510 | €22,550 | €22,550 | €22,550 | = |
| Legal reserve130 | €19,310 | €32,510 | €22,550 | €22,550 | €22,550 | = |
| Distributable reserves133 | €500,216 | €500,216 | €510,176 | €510,176 | €510,176 | = |
| Profit (loss) carried forward14 | €27,940 | €277,854 | €128,314 | €114,093 | €122,803 | ▲ 7.6% |
| Amounts payable17/49 | €90,813 | €76,287 | €88,831 | €8,260 | €1,920 | ▼ 76.8% |
| Amounts payable within one year42/48 | €90,813 | €76,287 | €88,831 | €8,260 | €1,920 | ▼ 76.8% |
| Trade debts44 | €8,669 | €1,471 | €79,006 | €698 | €39 | ▼ 94.4% |
| Suppliers440/4 | €8,669 | €1,471 | €79,006 | €698 | €39 | ▼ 94.4% |
| Taxes, remuneration and social security45 | €27,660 | €12,461 | €9,826 | €304 | €181 | ▼ 40.6% |
| Taxes450/3 | €21,349 | €6,206 | €247 | €304 | €181 | ▼ 40.6% |
| Remuneration and social security454/9 | €6,311 | €6,255 | €9,579 | €0 | - | - |
| Other amounts payable47/48 | €54,484 | €62,355 | €0 | €7,258 | €1,700 | ▼ 76.6% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,988 | €263,114 | -€149,540 | -€14,222 | €8,711 | ▲ 161% |
| + Depreciation and write-downs630 | - | - | €695 | €11,447 | €11,447 | = |
| Operating cash flow (approximation) | €113,988 | €263,114 | -€148,845 | -€2,775 | €20,157 | ▲ 826% |
| Investment in fixed assets (approximation) | - | €0 | -€69,481 | €21,205 | €0 | ▼ 100% |
| Change in cash | - | €301,528 | -€533,792 | -€68,153 | -€7,532 | ▲ 88.9% |
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 2027, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Back to profitnet €8,711
Net result €8,711 after 2 loss-making years.
31-03
Financial
Liquidity times 6current ratio 32.89
Current ratio from 5.97 to 32.89; short-term debt falls from €8,260 to €1,920.
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity times 5current ratio 5.97
Current ratio from 1.25 to 5.97; short-term debt falls from €88,831 to €8,260.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€149,540
Net result drops to -€149,540, the lowest in the series; recovery starts the following year.
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Highest result since 2019net €263,114 ▲131%
Net result €263,114, the highest in the series.
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €1mEq €1.1m ▲11.6%
4 profitable years in a row build equity to €1.1m.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Wevelgem · 1 establishment unit since 1991
Ground area
5,000 m²
Building footprint
2,282 m²
Volume, LiDAR
11,245 m³
Parcel 34041C0788/00E000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RODESCO
since 19912.054.466.730
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0788/00E000 | Flanders | 5,000 m² | 1 · 2,282 m² | 6.8 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.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- VARES
- RODESCO
Highest known parent: VARES. The sources do not say who stands above it.
Owners 1
- VARESparentSourceaccounts VARES 2025100%
Holdings 1
-
100%
According to the annual accounts to 31-03-2026 of RODESCO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 5,711 companies in sector 70100 we hold annual accounts for 3,519. 1,972 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
Founded18-09-1991
Fiscal year end31-03
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445115479
Also
9925:BE0445115479
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.