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RODO CONSTRUCTION

Active
Private limited companyfounded 200026 yrs activeRue de Somtet 25, 5640 Mettet, BelgiumKBO/BCE: BE 0472.724.847
Summary

RODO CONSTRUCTION has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €150,441 and a net result of €15,772. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 3556 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74=
Solvency90▲+19
Growth73▲+15
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.32 against 2.08 in 2023; short-term debt: 35.1% and cash: 1.1% of total assets), and 35.1% of the assets are financed with debt.
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Show the recommended maximum : and 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 26 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-11-2025, 110 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
110 d late
2023
132 d late
2022
114 d late
2021
101 d late
2020
121 d late
2019
209 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 131 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

RODO CONSTRUCTION was incorporated on 11 September 2000.1 Revenue grew from EUR 203,532 in 2018 to EUR 338,749 in 2024 and headcount from 1.3 to 1.7 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€338,749▲ 109%
2023 · €162,412
EBIT margin
8.7%▲ 1.3pp
2023 · 7.4%
Net result
€15,772▲ 41.9%
2023 · €11,114
Working capital
€107,590▼ 14.2%
2023 · €125,374
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€394,107▲ 20.7%€369,991▼ 6.1%€296,186▼ 19.9%€162,412▼ 45.2%€338,749▲ 109%
Operating result€34,922▲ 137%€26,555▼ 24.0%€48,833▲ 83.9%€11,940▼ 75.5%€29,318▲ 146%
Net result€22,014within the sector's middle half▲ 98.1%€23,710within the sector's middle half▲ 7.7%€35,913within the sector's middle half▲ 51.5%€11,114within the sector's middle half▼ 69.1%€15,772within the sector's middle half▲ 41.9%
EBIT margin8.9%▲ 4.4pp7.2%▼ 1.7pp16.5%▲ 9.3pp7.4%▼ 9.1pp8.7%▲ 1.3pp
Equity€63,932within the sector's middle half▲ 52.5%€87,642within the sector's middle half▲ 37.1%€123,555within the sector's middle half▲ 41.0%€134,669within the sector's middle half▲ 9.0%€150,441within the sector's middle half▲ 11.7%
Total assets€265,776within the sector's middle half▲ 6.5%€279,598within the sector's middle half▲ 5.2%€213,741below the sector's middle half▼ 23.6%€294,338within the sector's middle half▲ 37.7%€231,861below the sector's middle half▼ 21.2%
Debt€201,844▼ 2.8%€191,956▼ 4.9%€90,186▼ 53.0%€159,669▲ 77.0%€81,420▼ 49.0%
Working capital€67,359within the sector's middle half▲ 224%€77,715within the sector's middle half▲ 15.4%€93,381within the sector's middle half▲ 20.2%€125,374within the sector's middle half▲ 34.3%€107,590within the sector's middle half▼ 14.2%
Solvency24.1%within the sector's middle half▲ 7.3pp31.3%within the sector's middle half▲ 7.3pp57.8%within the sector's middle half▲ 26.5pp45.8%within the sector's middle half▼ 12.1pp64.9%above the sector's middle half▲ 19.1pp
Current ratio1.49within the sector's middle half▲ 0.391.52within the sector's middle half▲ 0.032.21within the sector's middle half▲ 0.692.08within the sector's middle half▼ 0.122.32within the sector's middle half▲ 0.24
Return on assets (ROA)8.3%within the sector's middle half▲ 3.8pp8.5%within the sector's middle half▲ 0.2pp16.8%above the sector's middle half▲ 8.3pp3.8%within the sector's middle half▼ 13.0pp6.8%within the sector's middle half▲ 3.0pp
Staff (FTE)2below the sector's middle half▲ 25.0%2below the sector's middle half=1.1below the sector's middle half▼ 45.0%1.1below the sector's middle half=1.7below the sector's middle half▲ 54.5%
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000Operating result 2020: €34,922€34,922Net result 2020: €22,014€22,014Operating result 2021: €26,555€26,555Net result 2021: €23,710€23,710Operating result 2022: €48,833€48,833Net result 2022: €35,913€35,913Operating result 2023: €11,940€11,940Net result 2023: €11,114€11,114Operating result 2024: €29,318€29,318Net result 2024: €15,772€15,77220202021202220232024€0€20,000€40,000Operating result 2022: €48,833€48,800Net result 2022: €35,913€35,900Operating result 2023: €11,940€11,900Net result 2023: €11,114€11,100Operating result 2024: €29,318€29,300Net result 2024: €15,772€15,800202220232024
The operating result recovers in 2024; 2024 is 146% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €231,861
Fixed assets €42,851 ▼ 19.0%
Current assets €189,010 ▼ 21.7%
Equity and liabilities €231,861
Equity €150,441 ▲ 11.7%
Debt €81,420 ▼ 49.0%
Debt's share of the balance-sheet total falls from 54.2% to 35.1%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€39,992▲
2023 · €22,407
Cash flow
€26,446▲
2023 · €21,581
Debt to equity
0.54▼
2023 · 1.19
ROE
10.5%▲
2023 · 8.3%
Interest coverage
6.45▼
2023 · 14.17
Debt ≤ 1 year
€81,420▼
2023 · €116,061
Income taxes
€11,904▲
2023 · €4,780
Staff costs
€19,343▲
2023 · €11,227
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 31,371 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€294,338€231,861▼
Fixed assets21/28€52,903€42,851▼
Tangible fixed assets22/27€45,353€35,301▼
Plant, machinery and equipment23€21,361€17,961▼
Furniture and vehicles24€23,992€17,340▼
Financial fixed assets28€7,550€7,550=
Current assets29/58€241,435€189,010▼
Amounts receivable within one year40/41€238,566€186,165▼
Trade receivables40€136,794€46,652▼
Other amounts receivable41€101,772€139,513▲
Cash at bank and in hand54/58€2,482€2,458▼
Deferred charges and accrued income490/1€387€387=
Equity and liabilities
Total equity and liabilities10/49€294,338€231,861▼
Equity10/15€134,669€150,441▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€114,209€129,981▲
Amounts payable17/49€159,669€81,420▼
Amounts payable after more than one year17€18,608-
Financial debts170/4€18,608-
Amounts payable within one year42/48€116,061€81,420▼
Current portion of amounts payable after more than one year42€25,502€18,608▼
Trade debts44€40,500€36,110▼
Suppliers440/4€40,500€36,110▼
Advances received on contracts in progress46€4,039€1,700▼
Taxes, remuneration and social security45€46,020€25,002▼
Taxes450/3€45,111€21,638▼
Remuneration and social security454/9€909€3,364▲
Accrued charges and deferred income492/3€25,000-
Income statement Code20232024
Turnover70€162,412€338,749▲
Goods, raw materials, services and sundry goods60/61€119,023€272,385▲
Remuneration, social security and pensions62€11,227€19,343▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,467€10,674▲
Other operating charges640/8€9,755€7,029▼
Gross operating margin9900€43,389€66,364▲
Operating profit (loss)9901€11,940€29,318▲
Financial income75/76B€5,535€4,555▼
Recurring financial income75€5,535€4,555▼
Financial charges65/66B€1,581€6,197▲
Recurring financial charges65€1,581€6,197▲
Profit (loss) for the period before taxes9903€15,894€27,676▲
Income taxes67/77€4,780€11,904▲
Profit (loss) for the period9904€11,114€15,772▲
Profit (loss) for the period to be appropriated9905€11,114€15,772▲
Appropriation of the result
Profit (loss) to be appropriated9906€114,209€129,981▲
Profit (loss) brought forward from the previous period14P€103,095€114,209▲
Social balance
Average headcount (FTE)90871.11.7▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€394,107€369,991€296,186€162,412€338,749▲ 109%
Goods, raw materials, services and sundry goods60/61-€280,820€232,427€119,023€272,385▲ 129%
Remuneration, social security and pensions62-€52,728€11,990€11,227€19,343▲ 72.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,034€9,463€9,463€10,467€10,674▲ 2.0%
Other operating charges640/8-€425€1,473€9,755€7,029▼ 27.9%
Gross operating margin9900€114,231€89,171€71,759€43,389€66,364▲ 53.0%
Operating profit (loss)9901€34,922€26,555€48,833€11,940€29,318▲ 146%
Financial income75/76B-€8,875€4,543€5,535€4,555▼ 17.7%
Recurring financial income75€5,433€8,875€4,543€5,535€4,555▼ 17.7%
Financial charges65/66B-€3,015€5,185€1,581€6,197▲ 292%
Recurring financial charges65€8,409€3,015€5,185€1,581€6,197▲ 292%
Profit (loss) for the period before taxes9903€31,946€32,415€48,191€15,894€27,676▲ 74.1%
Income taxes67/77€9,932€8,705€12,278€4,780€11,904▲ 149%
Profit (loss) for the period9904€22,014€23,710€35,913€11,114€15,772▲ 41.9%
Profit (loss) for the period to be appropriated9905€22,014€23,710€35,913€11,114€15,772▲ 41.9%
Line20202021202220232024Change
Assets
Total assets20/58€265,776€279,598€213,741€294,338€231,861▼ 21.2%
Fixed assets21/28€61,797€52,334€42,871€52,903€42,851▼ 19.0%
Tangible fixed assets22/27€54,247€44,784€35,321€45,353€35,301▼ 22.2%
Plant, machinery and equipment23-€27,996€24,347€21,361€17,961▼ 15.9%
Furniture and vehicles24-€16,788€10,974€23,992€17,340▼ 27.7%
Financial fixed assets28€7,550€7,550€7,550€7,550€7,550=
Current assets29/58€203,979€227,264€170,870€241,435€189,010▼ 21.7%
Amounts receivable within one year40/41€186,186€207,415€164,492€238,566€186,165▼ 22.0%
Trade receivables40-€46,889€18,228€136,794€46,652▼ 65.9%
Other amounts receivable41-€160,526€146,264€101,772€139,513▲ 37.1%
Cash at bank and in hand54/58€14,324€16,732€6,077€2,482€2,458▼ 1.0%
Deferred charges and accrued income490/1-€3,117€301€387€387=
Equity and liabilities
Total equity and liabilities10/49€265,776€279,598€213,741€294,338€231,861▼ 21.2%
Equity10/15€63,932€87,642€123,555€134,669€150,441▲ 11.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€43,472€67,182€103,095€114,209€129,981▲ 13.8%
Amounts payable17/49€201,844€191,956€90,186€159,669€81,420▼ 49.0%
Amounts payable after more than one year17€36,631€25,164€12,697€18,608--
Financial debts170/4-€25,164€12,697€18,608--
Amounts payable within one year42/48€136,620€149,549€77,489€116,061€81,420▼ 29.8%
Current portion of amounts payable after more than one year42-€11,467€12,467€25,502€18,608▼ 27.0%
Financial debts43-€5,026€4,288---
Credit institutions430/8-€5,026€4,288---
Trade debts44€49,773€38,175€25,113€40,500€36,110▼ 10.8%
Suppliers440/4-€38,175€25,113€40,500€36,110▼ 10.8%
Advances received on contracts in progress46-€46,000€12,280€4,039€1,700▼ 57.9%
Taxes, remuneration and social security45-€48,881€23,341€46,020€25,002▼ 45.7%
Taxes450/3-€45,975€22,136€45,111€21,638▼ 52.0%
Remuneration and social security454/9-€2,906€1,205€909€3,364▲ 270%
Accrued charges and deferred income492/3-€17,243-€25,000--
Line20202021202220232024Change
Profit (loss) for the period9904€22,014€23,710€35,913€11,114€15,772▲ 41.9%
+ Depreciation and write-downs630€21,034€9,463€9,463€10,467€10,674▲ 2.0%
Operating cash flow (approximation)€43,048€33,173€45,376€21,581€26,446▲ 22.5%
Investment in fixed assets (approximation)-€0€0-€20,499-€622▲ 97.0%
Change in cash-€2,408-€10,655-€3,595-€24▲ 99.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
18-11
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 110 days late
2024
31-12
Financial Equity above €150,000Eq €150,441 ▲11.7%
7 profitable years in a row build equity to €150,441.
10-12
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 132 days late
2023
22-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 114 days late
2022
31-12
Financial Highest result since 2018net €35,913 ▲51.5%
Operating result €48,833, net result €35,913, both a record.
31-12
Financial Equity above €100,000Eq €123,555 ▲41%
5 profitable years in a row build equity to €123,555.
09-11
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 101 days late
2021
29-11
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 121 days late
25-02
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 209 days late
2019
09-10
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 70 days late
2018
11-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 42 days late
2017
10-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 102 days late
2016
03-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mettet · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
4,261 m²
Building footprint
536 m²
Volume, LiDAR
4,042 m³
2 parcels, Wallonia · tallest building 16.7 m, ±3 floors. Linked by address, not a title deed.
10 companies at this address See who is registered here
1 establishment unit
Rue de Somtet 27, 5640 Mettet
Manufacture of machinery and equipment not elsewhere classified
since 20002.131.650.224
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
92087K0191/00G000 Wallonia 2,291 m² 1 · 375 m² 16.7 m · 3 fl.
92087K0505/00L000 Wallonia 1,969 m² 1 · 161 m² 8.3 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.

Similar companies · same sector, comparable size

Of 15,518 companies in this sector we hold annual accounts for 7,427. 6,067 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded11-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities
41001General construction of residential buildings
43110Demolition
43310Plastering work
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0472724847
Also 9925:BE0472724847
Registered 03-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

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