ROELS
ActiveSummary
ROELS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability73▼-24
Solvency63▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.22 in 2023; short-term debt: 49.2% and cash: 21.3% of total assets), and 62.4% 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+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
37.6%
Return on assets
3.1%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €81k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
81 d late
2023
92 d late
2022
152 d late
2021
153 d late
2020
222 d late
2019
129 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2024, micro schema
Equity
€81k▲ 9.0%
2023 · €75k
Total assets
€216k▼ 9.8%
2023 · €240k
Net result
€7k▼ 87.6%
2023 · €54k
Working capital
€29k▲ 19.2%
2023 · €24k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-56k€22k€70k▲ 218%€92k▲ 31.6%€14k▼ 84.6%
Net result€-62k▼ 4,464%€15k€65k▲ 335%€54k▼ 16.4%€7k▼ 87.6%
Equity€-59k€-44k▲ 25.2%€21k€75k▲ 263%€81k▲ 9.0%
Total assets€220k▼ 15.5%€213k▼ 3.5%€225k▲ 6.0%€240k▲ 6.3%€216k▼ 9.8%
Debt€279k▲ 8.3%€257k▼ 8.1%€205k▼ 20.2%€165k▼ 19.4%€135k▼ 18.2%
Working capital€-119k▼ 30.4%€-99k▲ 16.8%€-16k▲ 83.9%€24k€29k▲ 19.2%
Staff (FTE)0.1▼ 50.0%0.2▲ 100%0.2=0.2=0.7▲ 250%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 85% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €216k
Fixed assets
€81k ▼ 21.8%
Current assets
€136k ▼ 0.7%
Equity and liabilities €216k
Equity
€81k ▲ 9.0%
Debt
€135k ▼ 18.2%
Debt's share of the balance-sheet total falls from 68.9% to 62.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2023 · €121k
Cash flow
€29k▼
2023 · €83k
Current ratio
1.27▲
2023 · 1.22
Debt to equity
1.66▼
2023 · 2.21
ROE
8.3%▼
2023 · 72.4%
ROA
3.1%▼
2023 · 22.5%
Interest coverage
14.95▼
2023 · 27.05
Debt ≤ 1 year
€106k▼
2023 · €112k
Debt > 1 year
€29k▼
2023 · €53k
Income taxes
€5k▼
2023 · €34k
Staff costs
€30k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2k | - |
| Remuneration, social security and pensions62 | - | €3k | €3k | €3k | €30k | ▲ 878% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €48k | €40k | €40k | €29k | €23k | ▼ 22.2% |
| Other operating charges640/8 | - | €7k | €6k | €5k | €6k | ▲ 14.9% |
| Gross operating margin9900 | €184 | €73k | €120k | €130k | €73k | ▼ 43.8% |
| Operating profit (loss)9901 | €-56k | €22k | €70k | €92k | €14k | ▼ 84.6% |
| Financial income75/76B | - | €0 | - | - | €220 | - |
| Recurring financial income75 | €296 | €0 | - | - | €220 | - |
| Financial charges65/66B | - | €7k | €4k | €4k | €2k | ▼ 45.2% |
| Recurring financial charges65 | €6k | €7k | €4k | €4k | €2k | ▼ 45.2% |
| Profit (loss) for the period before taxes9903 | €-61k | €15k | €66k | €88k | €12k | ▼ 86.3% |
| Income taxes67/77 | €849 | €601 | €1k | €34k | €5k | ▼ 84.4% |
| Profit (loss) for the period9904 | €-62k | €15k | €65k | €54k | €7k | ▼ 87.6% |
| Profit (loss) for the period to be appropriated9905 | €-62k | €15k | €65k | €54k | €7k | ▼ 87.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €220k | €213k | €225k | €240k | €216k | ▼ 9.8% |
| Fixed assets21/28 | €203k | €168k | €128k | €103k | €81k | ▼ 21.8% |
| Intangible fixed assets21 | €75k | €60k | €45k | €30k | €15k | ▼ 50.0% |
| Tangible fixed assets22/27 | €124k | €104k | €79k | €69k | €61k | ▼ 10.9% |
| Land and buildings22 | - | €70k | €65k | €59k | €53k | ▼ 10.0% |
| Plant, machinery and equipment23 | - | €15k | €10k | €7k | €6k | ▼ 19.9% |
| Furniture and vehicles24 | - | €18k | €4k | €3k | €3k | ▼ 5.9% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €17k | €44k | €97k | €136k | €136k | ▼ 0.7% |
| Amounts receivable within one year40/41 | €15k | €8k | €686 | €29k | €86k | ▲ 203% |
| Trade receivables40 | - | €8k | €686 | €29k | €68k | ▲ 139% |
| Other amounts receivable41 | - | €644 | - | - | €18k | - |
| Cash at bank and in hand54/58 | €1k | €34k | €94k | €96k | €46k | ▼ 52.0% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €12k | €3k | ▼ 75.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €220k | €213k | €225k | €240k | €216k | ▼ 9.8% |
| Equity10/15 | €-59k | €-44k | €21k | €75k | €81k | ▲ 9.0% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | - | €50k | €57k | ▲ 13.0% |
| Distributable reserves133 | - | - | - | €50k | €57k | ▲ 13.0% |
| Profit (loss) carried forward14 | €-78k | €-63k | €2k | €6k | €6k | ▲ 3.5% |
| Amounts payable17/49 | €279k | €257k | €205k | €165k | €135k | ▼ 18.2% |
| Amounts payable after more than one year17 | €143k | €113k | €92k | €53k | €29k | ▼ 46.2% |
| Financial debts170/4 | - | €113k | €92k | €53k | €29k | ▼ 46.2% |
| Amounts payable within one year42/48 | €136k | €143k | €113k | €112k | €106k | ▼ 5.0% |
| Current portion of amounts payable after more than one year42 | - | €29k | €14k | €14k | €19k | ▲ 30.5% |
| Trade debts44 | €8k | €15k | €11k | €11k | €7k | ▼ 37.7% |
| Suppliers440/4 | - | €15k | €11k | €11k | €7k | ▼ 37.7% |
| Taxes, remuneration and social security45 | - | €7k | €15k | €42k | €44k | ▲ 4.0% |
| Taxes450/3 | - | €5k | €15k | €42k | €38k | ▼ 9.8% |
| Remuneration and social security454/9 | - | €2k | €313 | €189 | €6k | ▲ 3,087% |
| Other amounts payable47/48 | - | €92k | €73k | €44k | €37k | ▼ 16.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-62k | €15k | €65k | €54k | €7k | ▼ 87.6% |
| + Depreciation and write-downs630 | €48k | €40k | €40k | €29k | €23k | ▼ 22.2% |
| Operating cash flow (approximation) | €-14k | €55k | €105k | €83k | €29k | ▼ 64.8% |
| Investment in fixed assets (approximation) | - | €-5k | €0 | €-4k | €0 | ▲ 100% |
| Change in cash | - | €33k | €60k | €2k | €-50k | ▼ 2,973% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
31-12
Financial
Highest result since 2018net €65k ▲335%
Net result €65k, the highest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 222 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
2020
31-12
Financial
Weakest financial yearnet €-62k
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 129 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 140 days late
2017
08-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 100 days late
2016
31-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Malle · 1 establishment unit since 2001
Ground area
5,267 m²
Building footprint
927 m²
Volume, LiDAR
30 m³
Parcel 11049A0792/00A000, Flanders · tallest building 3.4 m. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Antwerpsesteenweg 338A, 2390 Malle
since 20012.116.468.734
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049A0792/00A000 | Flanders | 5,267 m² | 1 · 927 m² | 3.4 m |
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.
Similar companies · same sector, comparable size
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Jaspers
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JET RIDE
BE 0426.975.984
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Rogiers & Co
BE 0834.447.448
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SHOWLAND
BE 1004.508.937
Ichtegem · Eq €83,127
Of 1,034 companies in sector 93291 we hold annual accounts for 161. 138 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
93291Operation of fairground attractions
47210Retail sale of fruit and vegetables
Contact
Phone
032332110Malle
Scores and ratios are computed by Checked and are not a credit decision.