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ROEFS

Active
Public limited companyfounded 2002active for 24 yearsBoerinnestraat 26, 2030 Antwerpen, BelgiumKBO/BCE: BE 0477.780.032
Summary

ROEFS has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.8m and a net result of €1.9m. Equity is growing by about 23% per year across the filed financial years. Its solvency ranks better than 38% of 40 sector peers (NACE 37, financial year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Sewerage
NACE 37000Other building cleaning and industrial cleaning NACE 81220
#1 company by staff growth in Belgium, Water and waste sector4 sites
Size
€37.6mturnover 2024
Staff
100.4 FTE
Equity
€8.8m
Profit
€1.9m
Financial health
66 Healthy Checked score 2024
Bankruptcy probabilitywithin 12 months
1.0%
Structure
Parent
Roefs Group · 100%
Accounts 70 days overdue0 of 12 deeds read
Why 66raises riskFigures for financial year 2024 (filed 13-10-2025)Liquidity: current ratio 1.48, cash €849,7151 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 latelowers riskFounded in 2002Show the evidence

Checked score

Score 2024
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 47% of its sector peers (NACE 37)
Financial strength · tick = 2023
Average
Solvency 59-5
equity 33.7% of total assets
Liquidity 24-2
short-term debt 58.5% · cash 3.3%
Profitability 70+8
return on assets 7.3%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (9 companies, NACE 37, medium-sized)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.2%▼ -0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.6%▲ +0.1 percentage points vs 08-2025 10-2025: 0.8%▲ +0.2 percentage points vs 09-2025 11-2025: 0.4%▼ -0.4 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.3%▼ -0.1 percentage points vs 03-2026 05-2026: 0.4%▲ +0.1 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%▲ +0.1 percentage points vs 08-2026 10-2026: 1.0%▲ +0.3 percentage points vs 09-2026highest value
Credit of up to €550,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.48, compared with 1.51 in 2023; short-term debt: 58.5% and cash: 3.3% of total assets), and 66.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 37): better than 46% on solvency, 14% on liquidity, 37% on profitability and 90% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for financial year 2024 (filed 13-10-2025)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.48, cash €849,715
NBB · annual accounts
lowers risk · Founded in 2002
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 71 days late; 1 of the last 3 late
NBB · filings
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
71 days late
2023
1 day early
2022
3 days early
2021
31 days late
2020
25 days early
2019
30 days early
← 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 7 days after the deadline; the sector median (NACE 37) for financial year 2024 is 6 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Annual accounts filedfinancial year 2023 · full…
  3. Annual accounts filedfinancial year 2022 · full…

Key points

  • Positive: Result rose in 2024from €669,257 to €1.9m ▲ 185% View
  • Positive: Company by staff growth in Belgium, Water and…in the Checked rankings #1 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Controlled by Roefs Groupultimately: ONDERNEMINGEN JANSEN 100% View
  • Positive: 7 profitable years in a rowprofit 2024: €1.9m 7 years View

By topic

Financials

Financial year
2024
Turnover
€37.6m
Profit
€1.9m
Solvency
33.7%
Turnover▲ 26.9%
Net result
20212024
Go to Financials

Timeline

Events
25
Since
2004
  1. 31-12-2022Highest result from 2018 to 2024
  2. 31-12-2022Equity above €5m
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
4
Legal form
Public limited company
Activity
SewerageNACE 37000
Founded
13-06-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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