ROELS
ActiveROELS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €809k and a net result of €54k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 23% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-18
Solvency47▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.07 in 2024; short-term debt: 60.4% and cash: 10.8% of total assets), and 78.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.7%
Return on assets
1.4%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 7744 sector peers (2025).
NBB · sector comparisonPosition among 7744 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €809k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
44 d early
2023
20 d early
2022
31 d early
2021
12 d late
2020
75 d early
2019
47 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€809k▲ 7.1%
2024 · €755k
2018: €743k
2019: €858k
2020: €982k
2021: €1.14M
2022: €1.17M
2023: €678k
2024: €755k
2018 → 2025
Total assets
€3.74M▼ 12.1%
2024 · €4.25M
2018: €2.85M
2019: €2.78M
2020: €3.71M
2021: €4.65M
2022: €4.57M
2023: €4.66M
2024: €4.25M
2018 → 2025
Net result
€54k▼ 30.1%
2024 · €77k
2018: €113k
2019: €115k
2020: €124k
2021: €161k
2022: €31k
2023: €-259k
2024: €77k
2018 → 2025
Working capital
€278k▲ 37.9%
2024 · €202k
2018: €753k
2019: €849k
2020: €944k
2021: €982k
2022: €624k
2023: €96k
2024: €202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.17M▲ 2.7%€678k▼ 42.2%€755k▲ 11.4%€809k▲ 7.1%
Operating result€261k-€21k▼ 91.9%€-233k€132k€131k▼ 0.7%
Net result€161k-€31k▼ 80.8%€-259k€77k€54k▼ 30.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.74M
Fixed assets
€1.20M▼ 9.3%
Current assets
€2.54M▼ 13.4%
Equity and liabilities €3.74M
Equity
€809k▲ 7.1%
Debt
€2.93M▼ 16.2%
The debt ratio falls from 82.2% to 78.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€302k▼
2024 · €326k
Cash flow
€225k▼
2024 · €271k
Solvency
21.7%▲
2024 · 17.8%
Current ratio
1.12▲
2024 · 1.07
Quick ratio
1.07▲
2024 · 1.02
Debt / equity
3.62▼
2024 · 4.63
ROE
6.7%▼
2024 · 10.2%
ROA
1.4%▼
2024 · 1.8%
Interest coverage
3.91▼
2024 · 5.97
Debt
€2.93M▼
2024 · €3.50M
Debt ≤ 1 year
€2.26M▼
2024 · €2.72M
Debt > 1 year
€665k▼
2024 · €771k
Income taxes
€6k▲
2024 · €708
Staff costs
€589k▲
2024 · €490k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.25M€3.74M▼
Fixed assets21/28€1.32M€1.20M▼
Intangible fixed assets21€15k€9k▼
Tangible fixed assets22/27€1.21M€1.09M▼
Land and buildings22€699k€650k▼
Plant, machinery and equipment23€368k€334k▼
Furniture and vehicles24€51k€40k▼
Leasing and similar rights25€55k€39k▼
Other tangible fixed assets26€38k€32k▼
Financial fixed assets28€98k€98k▲
Current assets29/58€2.93M€2.54M▼
Stocks and contracts in progress3€136k€123k▼
Stocks30/36€136k€123k▼
Amounts receivable within one year40/41€2.47M€1.99M▼
Trade receivables40€2.28M€1.68M▼
Other amounts receivable41€189k€314k▲
Cash at bank and in hand54/58€281k€404k▲
Deferred charges and accrued income490/1€42k€19k▼
Equity and liabilities
Total equity and liabilities10/49€4.25M€3.74M▼
Equity10/15€755k€809k▲
Contributions10/11€31k€31k=
Reserves13€724k€778k▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€705k€759k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€3.50M€2.93M▼
Amounts payable after more than one year17€771k€665k▼
Financial debts170/4€771k€665k▼
Amounts payable within one year42/48€2.72M€2.26M▼
Current portion of amounts payable after more than one year42€160k€154k▼
Financial debts43€800k€700k▼
Credit institutions430/8€800k€700k▼
Trade debts44€1.33M€1.19M▼
Suppliers440/4€1.33M€1.19M▼
Advances received on contracts in progress46€285k€41k▼
Taxes, remuneration and social security45€55k€103k▲
Taxes450/3€8k€18k▲
Remuneration and social security454/9€47k€85k▲
Other amounts payable47/48€97k€68k▼
Accrued charges and deferred income492/3€21€5k▲
Income statement
Code20242025
Non-recurring operating income76A€7k€9k▲
Remuneration, social security and pensions62€490k€589k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€194k€171k▼
Other operating charges640/8€21k€9k▼
Non-recurring operating charges66A€6k€831▼
Gross operating margin9900€842k€901k▲
Operating profit (loss)9901€132k€131k▼
Financial income75/76B€673€7k▲
Recurring financial income75€673€7k▲
Financial charges65/66B€55k€77k▲
Recurring financial charges65€55k€77k▲
Profit (loss) for the period before taxes9903€78k€60k▼
Income taxes67/77€708€6k▲
Profit (loss) for the period9904€77k€54k▼
Profit (loss) for the period to be appropriated9905€77k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€158k€54k▼
Profit (loss) brought forward from the previous period14P€81k€0▼
Transfer from equity791/2€0-
Transfer to equity691/2€158k€54k▼
To other reserves6921€158k€54k▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90879.59.0▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €77k
Net result €77k after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-259k ▼939%
Net result drops to €-259k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
31-12
Financial
Highest result since 2018net €161k ▲29.7%
Operating result €261k, net result €161k, both a record.
31-12
Financial
Equity above €1MEq €1.14M ▲16.4%
4 profitable years in a row build equity to €1.14M.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 47 days late
2019
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ternat · 1 establishment unit since 2008
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Molenstraat 21740 TernatGround area
414 m²
Building footprint
269 m²
Volume, LiDAR
2,024 m³
2 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ROELS
since 20082.171.925.020
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086E0352/00A002 | Flanders | 271 m² | 1 · 126 m² | 10.2 m · 3 fl. |
| 23086E0352/00B002 | Flanders | 143 m² | 1 · 143 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 9,529 EUR awarded · 9,529 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 512 EUR |
| 2023 | 3 | 9,217 EUR | 8,705 EUR |
| 2022 | 1 | 312 EUR | 312 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
4 categoriesROELS BV33372
Dual-learning approval
2 live approvals · 6 endedMetselaar (vwo)
Ruwbouw duaal (so)
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 1,866 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2008
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43221Plumbing work
25999Manufacture of fabricated metal products, except machinery and equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
43410Roofing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.