ROGABA
ActiveSummary
ROGABA has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €285,849 and a net result of €39,509, of which €19,808 non-recurring income. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 54% of 2,436 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- €285,849
- Profit
- €39,509
- Holdings
- 4
Why 89raises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.18, cash €14,258lowers riskSize: total assets €631,120Figures for financial year 2025 (filed 29-05-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 49% on solvency, 31% on liquidity, 52% on profitability and 63% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 7 accounts on average 22 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2023 · full…
Financials · financial year 2025, full format
2025 annual accounts filed late (29 days) Filed on 29 May 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00126214.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result recovers in 2025; 2025 is 39% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 96.5% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 17,811 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | €19,808 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,718 | €7,875 | €9,553 | €10,159 | €14,444 | €16,559 | €17,680 | ▲ 6.8% |
| Other operating charges640/8 | - | - | - | €5,935 | €5,643 | €3,435 | €3,760 | ▲ 9.5% |
| Gross operating margin9900 | €83,614 | €33,368 | €53,070 | €81,828 | €93,352 | €66,434 | €86,072 | ▲ 29.6% |
| Operating profit (loss)9901 | €72,231 | €23,058 | €42,119 | €65,734 | €73,265 | €46,440 | €64,633 | ▲ 39.2% |
| Financial income75/76B | - | - | - | €352 | €233 | €238 | €518 | ▲ 118% |
| Recurring financial income75 | €61 | €590 | €470 | €352 | €233 | €238 | €518 | ▲ 118% |
| Financial charges65/66B | - | - | - | €8,370 | €9,386 | €7,887 | €8,758 | ▲ 11.0% |
| Recurring financial charges65 | €7,653 | €5,778 | €7,635 | €8,370 | €9,386 | €7,887 | €8,758 | ▲ 11.0% |
| Profit (loss) for the period before taxes9903 | €64,640 | €17,871 | €34,955 | €57,716 | €64,113 | €38,791 | €56,393 | ▲ 45.4% |
| Income taxes67/77 | €12,703 | €49,249 | -€4,491 | €8,958 | €14,828 | €16,549 | €16,884 | ▲ 2.0% |
| Profit (loss) for the period9904 | €51,937 | -€31,378 | €39,445 | €48,758 | €49,285 | €22,241 | €39,509 | ▲ 77.6% |
| Profit (loss) for the period to be appropriated9905 | €51,937 | -€31,378 | €39,445 | €48,758 | €49,285 | €22,241 | €39,509 | ▲ 77.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €482,875 | €428,066 | €511,641 | €490,597 | €554,946 | €548,392 | €631,120 | ▲ 15.1% |
| Fixed assets21/28 | €402,017 | €401,058 | €403,521 | €444,905 | €460,895 | €458,512 | €426,612 | ▼ 7.0% |
| Tangible fixed assets22/27 | €170,857 | €169,148 | €171,611 | €211,275 | €227,265 | €224,882 | €193,702 | ▼ 13.9% |
| Land and buildings22 | - | - | - | €149,972 | €144,523 | €139,074 | €120,126 | ▼ 13.6% |
| Plant, machinery and equipment23 | - | - | - | €58,522 | €80,763 | €80,143 | €69,739 | ▼ 13.0% |
| Furniture and vehicles24 | - | - | - | €2,781 | €1,979 | €5,665 | €3,838 | ▼ 32.3% |
| Financial fixed assets28 | €231,160 | €231,910 | €231,910 | €233,630 | €233,630 | €233,630 | €232,910 | ▼ 0.3% |
| Current assets29/58 | €80,858 | €27,007 | €108,121 | €45,691 | €94,052 | €89,880 | €204,508 | ▲ 128% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €22,000 | - |
| Other amounts receivable291 | - | - | - | - | - | - | €22,000 | - |
| Amounts receivable within one year40/41 | €51,112 | €24,052 | €77,213 | €28,740 | €78,480 | €74,726 | €69,250 | ▼ 7.3% |
| Trade receivables40 | - | - | - | €10,520 | €62,924 | €59,358 | €42,094 | ▼ 29.1% |
| Other amounts receivable41 | - | - | - | €18,220 | €15,556 | €15,368 | €27,156 | ▲ 76.7% |
| Current investments50/53 | - | - | - | - | - | - | €99,000 | - |
| Cash at bank and in hand54/58 | €14,612 | €2,956 | €30,908 | €16,951 | €15,571 | €15,154 | €14,258 | ▼ 5.9% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €482,875 | €428,066 | €511,641 | €490,597 | €554,946 | €548,392 | €631,120 | ▲ 15.1% |
| Equity10/15 | €118,822 | €87,443 | €126,889 | €175,647 | €224,932 | €247,173 | €285,849 | ▲ 15.6% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Contributions outside capital11 | - | - | - | €6,200 | €6,200 | €6,200 | - | - |
| Share premium1100/10 | - | - | - | €6,200 | €6,200 | €6,200 | - | - |
| Reserves13 | €1,860 | €8,060 | €1,860 | €1,860 | €1,860 | €1,860 | €120,860 | ▲ 65× |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €99,000 | ▲ 53× |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | - |
| Own shares acquired1312 | - | - | - | - | - | - | €99,000 | - |
| Distributable reserves133 | - | - | - | - | - | - | €21,860 | - |
| Profit (loss) carried forward14 | €110,762 | €79,383 | €118,829 | €167,587 | €216,872 | €239,113 | €158,789 | ▼ 33.6% |
| Amounts payable17/49 | €364,053 | €340,622 | €384,753 | €314,950 | €330,014 | €301,219 | €345,271 | ▲ 14.6% |
| Amounts payable after more than one year17 | €178,185 | €182,412 | €168,098 | €238,458 | €214,932 | €193,871 | €172,207 | ▼ 11.2% |
| Financial debts170/4 | - | - | - | €238,458 | €214,932 | €193,871 | €172,207 | ▼ 11.2% |
| Amounts payable within one year42/48 | €185,868 | €158,211 | €216,655 | €76,492 | €115,083 | €107,348 | €173,064 | ▲ 61.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €26,995 | €26,182 | €23,622 | €24,090 | ▲ 2.0% |
| Financial debts43 | - | - | - | - | - | - | €12,000 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €12,000 | - |
| Trade debts44 | €11,640 | €4,848 | €82,975 | €2,269 | €28,562 | €67,636 | €49,053 | ▼ 27.5% |
| Suppliers440/4 | - | - | - | €2,269 | €28,562 | €67,636 | €49,053 | ▼ 27.5% |
| Taxes, remuneration and social security45 | - | - | - | €546 | €546 | €546 | €6,609 | ▲ 12× |
| Taxes450/3 | - | - | - | €546 | €546 | €546 | €6,609 | ▲ 12× |
| Other amounts payable47/48 | - | - | - | €46,683 | €59,794 | €15,545 | €81,313 | ▲ 423% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51,937 | -€31,378 | €39,445 | €48,758 | €49,285 | €22,241 | €39,509 | ▲ 77.6% |
| + Depreciation and write-downs630 | €7,718 | €7,875 | €9,553 | €10,159 | €14,444 | €16,559 | €17,680 | ▲ 6.8% |
| Operating cash flow (approximation) | €59,655 | -€23,504 | €48,998 | €58,917 | €63,729 | €38,800 | €57,189 | ▲ 47.4% |
| Investment in fixed assets (approximation) | - | -€6,917 | -€12,015 | -€51,544 | -€30,433 | -€14,176 | €14,220 | - |
| Change in cash | - | -€11,656 | €27,952 | -€13,957 | -€1,380 | -€417 | -€896 | ▼ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | full format | 29-05-2026 | 2026-00126214 |
| 30-09-2024 | full format | 29-04-2025 | 2025-00080467 |
| 30-09-2023 | full format | 28-03-2024 | 2024-00056051 |
| 30-09-2022 | full format | 28-03-2023 | 2023-00049338 |
| 30-09-2021 | full format | 22-03-2022 | 2022-08300598 |
| 30-09-2020 | full format | 24-03-2021 | 2021-08900156 |
| 30-09-2019 | full format | 20-03-2020 | 2020-07100422 |
| 30-09-2018 | full format | 12-04-2019 | 2019-09900062 |
| 30-09-2017 | full format | 20-04-2018 | 2018-10200410 |
| 30-09-2016 | full format | 22-03-2017 | 2017-07500123 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CAILLEAUX Barbara,Danielle,Francine |
|
| ROTSAERT Gabriel, Laurent, Yann |
|
Owners and capital
Capital and shareholders
- ROTSAERT Gabriel,Laurent,Yann 99 shares
- CAILLEAUX Barbara,Danielle,Francine 1 share
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 26-04-2023 Capital stated in the deed · 100 shares
Group and network
Holdings and subsidiaries
4 holdingsHoldings 4
Source for every holding own accounts 30-09-2025
- BRANCATO-ROTSAERT SCIFR50%
- Equity -€18,149Result €2,91233.33%
- ROCAGABA SCIFR58 shares
- ROTSAERT BRANCATO SASFR60 shares
According to the annual accounts to 30-09-2025 of ROGABA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
26-04
Gazette deed
Legal-form change · Resignations & appointmentsResignation: ROTSAERT Gabriel,Laurent,Yann (manager) · Reappointment: ROTSAERT Gabriel,Laurent,Yann (director) · Appointment: CAILLEAUX Barbara,Danielle,Francine (director)24 facts ▸
- Incorporation, 21-11-2011
- General meeting, 18-04-2023
- Other provision, “président,secrétaire et scrutateur, bureau de l'assemblée” (deed in French)
- Shareholding, 99, “registre des actions nominatives” (deed in French)
- Shareholding, 1, “registre des actions nominatives” (deed in French)
- Capital (2 times)
- Other provision, “représentation des actions” (deed in French)
- Other provision, “ordre du jour point 1, adapter statuts aux dispositions du Code des sociétés et des associations” (deed in French)
- Other provision, “ordre du jour point 2, supprimer compte de capitaux propres statutairement indisponible et mettre à disposition pour distributions futures” (deed in French)
- Other provision, “ordre du jour point 3, adoption nouveaux statuts en concordance avec Code des sociétés et des associations,sans modification objet” (deed in French)
- Other provision, “ordre du jour point 4, démission et renouvellement du gérant comme administrateur et nomination nouvel administrateur” (deed in French)
- Other provision, “ordre du jour points 5-7, confirmation du siège social” (deed in French)
- +12 further facts in this act
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0841.290.106
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 57078D0565/00S000 | Wallonia | 215 m² | 1 · 41 m² | 6.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en soustraitance,la…” (deed in French)
18 activities (deed in French)
- L’étude et la réalisation de tous travaux de construction,publics et privés,en qualité d’entrepreneur général ou en soustraitance,la conception et la construction de tous bâtiments et édifices,l’étude et la réalisation de décorations tant intérieures qu’extérieures
- Toutes opérations se rapportant directement ou indirectement à l’entretien,la rénovation,les travaux de réparations,d’embellissements,de renouvellement et de modernisation,et la maintenance de tous les types d’ouvrages d’art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs des travaux publics et privés et du bâtiment et notamment en matière de plomberie,chauffage,énergies renouvelables,…
- La prestation de conseils et d’assistance tant au point de vue technique qu’administratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur des biens immobiliers et notamment en matière de plomberie,chauffage,énergies renouvelables,…
- L’acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l’achat,la vente,la location,la division et le lotissement de tous immeubles
- L’achat,la vente,la location,l’importation,l’exportation de tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d’entretien,de maintenance,de réparation et de renouvellement des ouvrages d’art et bâtiments
- La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre,de tous marchés de travaux publics ou privés ou de fourniture et faire toutes opérations se rattachant à ces objets
- Les prestations de services aux entreprises en toutes matières,notamment administratives,comptables,logistiques et de gestion courantes
- Le conseil en développement commercial et en stratégie commerciale
- La prise de participation directe ou indirecte dans toutes sociétés ou entreprises commerciales,industrielles,financières,mobilières et immobilières
- Le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
- L’achat,l’administration,la vente de toutes valeurs mobilières et immobilières,de tous droits sociaux et d’une manière plus générale toutes opérations de gestion du portefeuille ainsi constitué
- La constitution et la gestion d'un patrimoine immobilier et la location-financement de biens immeubles aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagements pris par des tiers qui auraient la jouissance de ces biens immobiliers
- L’achat en vue de la revente de biens immeubles en qualité de marchands de biens
- La constitution et la gestion d'un patrimoine immobilier et la location-financement de biens immeubles ou de droit réels immobiliers aux tiers,l'acquisition par l'achat ou autrement,la vente,l'échange,la construction,la transformation,l'amélioration,l'équipement,l'aménagement,l'embellissement,l'entretien,la location,la prise en location,le lotissement,la prospection et l'exploitation de biens immobiliers,ainsi que toutes opérations qui,directement ou indirectement sont en relation avec cet objet et qui sont de nature à favoriser l'accroissement et le rapport d'un patrimoine immobilier,de même que se porter caution pour la bonne fin d'engagement pris par des tiers qui auraient la jouissance de ces biens immobiliers
- Généralement toutes opérations commerciales,industrielles,mobilières,immobilières ou financières se rattachant directement ou indirectement à son objet social
- S’intéresser par voie d’apport,de fusion,de souscription,d’intervention financière ou par tout autre mode,dans toutes sociétés ou entreprises,en Belgique ou à l’étranger,ayant en tout ou en partie,un objet similaire ou connexe au sien ou susceptible d’en favoriser l’extension et le développement
- Prêter à toutes sociétés et se porter caution pour elles,même hypothécairement
- Exercer les fonctions d’administrateur ou de liquidateur dans d’autres sociétés
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ROGABA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, par simple décision organe d'administration,sièges administratifs,agences,ateliers,dépôts et succursales,Belgique et…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Ils peuvent aussi, agissant conjointement, déléguer de pouvoirs spéciaux à tous mandataires, associés ou non, qui n’engageront la société…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, organe d’administration” (deed in French)“Forment collège délibère valablement lorsque majorité membres présente décisions à majorité voix, peuvent conformément au code des sociétés…” (deed in French)“Fixe ou proportionnelle, portée aux frais généraux indépendamment frais représentation voyages déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Frais procédure et expertise pour moitié cédant pour moitié acquéreurs proportionnellement si plusieurs, tous cas cessions entre vifs à…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, courrier électronique, ou courrier ordinaire même jour pour personnes sans adresse…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pour quelque cause et à quelque moment, faculté de désigner un ou plusieurs liquidateurs et de déterminer pouvoirs et émoluments” (deed in French)