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RODU CONSULT

Active
Private limited companyfounded 2024active for 2 yearsWalenstraat 31, 3500 Hasselt, BelgiumKBO/BCE: BE 1005.103.409

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 06-07-2026 at the NBB all 2 filings

Equity
-€24,072
2024 · €1,007
Total assets
€10,653▼ 40.7%
2024 · €17,957
Net result
-€25,078▼ 738%
2024 · -€2,993
Working capital
-€24,990
2024 · €1,007
Multi-year overview
2024 to 2025, 2 financial years
Operating result
-€19,536
2025
20242025
Net result
-€25,078
▼ 738% 2025
lowest quarter of the sector
20242025
Equity
-€24,072
2025
lowest quarter of the sector
20242025
Total assets
€10,653
▼ 40.7% 2025
lowest quarter of the sector
20242025
Debt
€34,725
▲ 105% 2025
20242025
Working capital
-€24,990
2025
lowest quarter of the sector
20242025
Solvency
-226.0%
▼ 231.6pp 2025
lowest quarter of the sector
20242025
Current ratio
0.28
▼ 0.78 2025
lowest quarter of the sector
20242025
Return on assets (ROA)
-235.4%
▼ 218.7pp 2025
lowest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€2,826--€19,536
Net result-€2,993below the sector's middle half--€25,078below the sector's middle half▼ 738%
Equity€1,007below the sector's middle half--€24,072below the sector's middle half
Total assets€17,957below the sector's middle half-€10,653below the sector's middle half▼ 40.7%
Debt€16,950-€34,725▲ 105%
Working capital€1,007below the sector's middle half--€24,990below the sector's middle half
Solvency5.6%below the sector's middle half--226.0%below the sector's middle half▼ 231.6pp
Current ratio1.06below the sector's middle half-0.28below the sector's middle half▼ 0.78
Return on assets (ROA)-16.7%below the sector's middle half--235.4%below the sector's middle half▼ 218.7pp
above within below The sector band is the middle half of the companies in Advertising, market research and public relations activities (NACE 73). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €19,536, after a profit of €2,826 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them.

Balance-sheet composition
Assets €10,653
Fixed assets €918
Current assets €9,735
Equity and liabilities
Equity-€24,072
Debt€34,725
Equity is negative. Debt (€34,725) exceeds the balance-sheet total (€10,653).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€19,223
Cash flow
-€24,766
Interest coverage
-3.05
Debt ≤ 1 year
€34,725▲
2024 · €16,950
Income taxes
€0▼
2024 · €2,670
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets-€1,231
Depreciation and write-downs of the year-€312

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €1,864 awarded · €1,864 paid
Year Entries AwardedPaid
2025 1 €984€1,179
2024 1 €880€685
Schemes
2 entries · €1,864 · €1,864 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,957€10,653▼
Fixed assets21/28-€918
Tangible fixed assets22/27-€918
Plant, machinery and equipment23-€918
Current assets29/58€17,957€9,735▼
Amounts receivable within one year40/41€6,356€27▼
Trade receivables40€6,356€0▼
Other amounts receivable41-€27
Cash at bank and in hand54/58€3,191€3,711▲
Deferred charges and accrued income490/1€8,410€5,997▼
Equity and liabilities
Total equity and liabilities10/49€17,957€10,653▼
Equity10/15€1,007-€24,072▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€2,993-€28,072▼
Amounts payable17/49€16,950€34,725▲
Amounts payable within one year42/48€16,950€34,725▲
Trade debts44€4,588€4,023▼
Suppliers440/4€4,588€4,023▼
Taxes, remuneration and social security45€5,610€5,956▲
Taxes450/3€5,610€5,956▲
Other amounts payable47/48€6,753€24,746▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€312
Other operating charges640/8€437€677▲
Gross operating margin9900€3,263-€18,547▼
Operating profit (loss)9901€2,826-€19,536▼
Financial income75/76B€3€764▲
Recurring financial income75€3€764▲
Financial charges65/66B€3,151€6,307▲
Recurring financial charges65€3,151€6,307▲
Profit (loss) for the period before taxes9903-€323-€25,078▼
Income taxes67/77€2,670€0▼
Profit (loss) for the period9904-€2,993-€25,078▼
Profit (loss) for the period to be appropriated9905-€2,993-€25,078▼
Appropriation of the result
Profit (loss) to be appropriated9906-€2,993-€28,072▼
Profit (loss) brought forward from the previous period14P--€2,993

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 06-07-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€312-
Other operating charges640/8€437€677▲ 54.7%
Gross operating margin9900€3,263-€18,547-
Operating profit (loss)9901€2,826-€19,536-
Financial income75/76B€3€764▲ 283×
Recurring financial income75€3€764▲ 283×
Financial charges65/66B€3,151€6,307▲ 100%
Recurring financial charges65€3,151€6,307▲ 100%
Profit (loss) for the period before taxes9903-€323-€25,078▼ 7,659%
Income taxes67/77€2,670€0▼ 100%
Profit (loss) for the period9904-€2,993-€25,078▼ 738%
Profit (loss) for the period to be appropriated9905-€2,993-€25,078▼ 738%
Line20242025Change
Assets
Total assets20/58€17,957€10,653▼ 40.7%
Fixed assets21/28-€918-
Tangible fixed assets22/27-€918-
Plant, machinery and equipment23-€918-
Current assets29/58€17,957€9,735▼ 45.8%
Amounts receivable within one year40/41€6,356€27▼ 99.6%
Trade receivables40€6,356€0▼ 100%
Other amounts receivable41-€27-
Cash at bank and in hand54/58€3,191€3,711▲ 16.3%
Deferred charges and accrued income490/1€8,410€5,997▼ 28.7%
Equity and liabilities
Total equity and liabilities10/49€17,957€10,653▼ 40.7%
Equity10/15€1,007-€24,072-
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€2,993-€28,072▼ 838%
Amounts payable17/49€16,950€34,725▲ 105%
Amounts payable within one year42/48€16,950€34,725▲ 105%
Trade debts44€4,588€4,023▼ 12.3%
Suppliers440/4€4,588€4,023▼ 12.3%
Taxes, remuneration and social security45€5,610€5,956▲ 6.2%
Taxes450/3€5,610€5,956▲ 6.2%
Other amounts payable47/48€6,753€24,746▲ 266%
Line20242025Change
Profit (loss) for the period9904-€2,993-€25,078▼ 738%
+ Depreciation and write-downs630-€312-
Operating cash flow (approximation)-€2,993-€24,766▼ 727%
Change in cash-€521-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as RODU CONSULT has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
84.8% was still going
5.6% stopped otherwise
8.8% went bankrupt

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of RODU CONSULT itself is lower: 0.8% within 12 months. It rests on far more data about RODU CONSULT than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,639 companies, not a prediction for RODU CONSULT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 06-07-2026 2026-00266298 PDF
31-12-2024 micro format 04-07-2025 2025-00237380 PDF

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