ROGECO
ActiveROGECO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.61M and a net result of €484k. Equity is growing by ~61% per year across the filed fiscal years. Its solvency ranks better than 73% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-2
Solvency89▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 2.17 in 2024; short-term debt: 27.8% and cash: 27.2% of total assets), and 35.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
64.2%
Return on assets
19.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
5 d early
2022
121 d late
2021
78 d late
2020
40 d late
2019
40 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.61M▲ 43.1%
2024 · €1.12M
2018: €53k
2019: €72k
2020: €196k
2021: €323k
2022: €500k
2023: €692k
2024: €1.12M
2018 → 2025
Total assets
€2.50M▲ 24.0%
2024 · €2.02M
2018: €336k
2019: €526k
2020: €586k
2021: €774k
2022: €937k
2023: €1.52M
2024: €2.02M
2018 → 2025
Net result
€484k▲ 12.2%
2024 · €431k
2018: €21k
2019: €19k
2020: €124k
2021: €127k
2022: €177k
2023: €193k
2024: €431k
2018 → 2025
Working capital
€1.15M▲ 51.5%
2024 · €758k
2018: €-110k
2019: €52k
2020: €204k
2021: €339k
2022: €499k
2023: €473k
2024: €758k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€323k-€500k▲ 54.7%€692k▲ 38.5%€1.12M▲ 62.3%€1.61M▲ 43.1%
Operating result€178k-€267k▲ 50.3%€321k▲ 20.3%€668k▲ 108%€745k▲ 11.5%
Net result€127k-€177k▲ 39.2%€193k▲ 9.0%€431k▲ 124%€484k▲ 12.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.50M
Fixed assets
€659k▲ 7.5%
Current assets
€1.84M▲ 31.2%
Equity and liabilities €2.50M
Equity
€1.61M▲ 43.1%
Debt
€897k▲ 0.1%
The debt ratio falls from 44.4% to 35.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€796k▲
2024 · €722k
Cash flow
€535k▲
2024 · €485k
Solvency
64.2%▲
2024 · 55.6%
Current ratio
2.65▲
2024 · 2.17
Quick ratio
2.65▲
2024 · 2.17
Debt / equity
0.56▼
2024 · 0.80
ROE
30.1%▼
2024 · 38.4%
ROA
19.3%▼
2024 · 21.4%
Interest coverage
142.20▲
2024 · 35.80
Debt
€897k▲
2024 · €896k
Debt ≤ 1 year
€697k▲
2024 · €648k
Debt > 1 year
€200k▼
2024 · €248k
Income taxes
€260k▼
2024 · €267k
Staff costs
€137k▲
2024 · €136k
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€2.02M€2.50M▲
Fixed assets21/28€613k€659k▲
Tangible fixed assets22/27€610k€656k▲
Land and buildings22€464k€456k▼
Plant, machinery and equipment23€28k€97k▲
Furniture and vehicles24€118k€103k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.41M€1.84M▲
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€643k€1.11M▲
Trade receivables40€346k€1.10M▲
Other amounts receivable41€297k€10k▼
Cash at bank and in hand54/58€713k€681k▼
Equity and liabilities
Total equity and liabilities10/49€2.02M€2.50M▲
Equity10/15€1.12M€1.61M▲
Contributions10/11€7k€7k=
Reserves13€1.12M€1.60M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€1.11M€1.60M▲
Amounts payable17/49€896k€897k▲
Amounts payable after more than one year17€248k€200k▼
Financial debts170/4€248k€200k▼
Amounts payable within one year42/48€648k€697k▲
Current portion of amounts payable after more than one year42€141k€41k▼
Financial debts43-€125k
Credit institutions430/8-€125k
Trade debts44€326k€428k▲
Suppliers440/4€326k€428k▲
Taxes, remuneration and social security45€181k€103k▼
Taxes450/3€176k€103k▼
Remuneration and social security454/9€5k-
Other amounts payable47/48€616-
Accrued charges and deferred income492/3-€224
Income statement
Code20242025
Remuneration, social security and pensions62€136k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€51k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€71k-
Other operating charges640/8€31k€46k▲
Gross operating margin9900€960k€980k▲
Operating profit (loss)9901€668k€745k▲
Financial income75/76B€50k€4k▼
Recurring financial income75€50k€4k▼
Financial charges65/66B€20k€6k▼
Recurring financial charges65€20k€6k▼
Profit (loss) for the period before taxes9903€699k€743k▲
Income taxes67/77€267k€260k▼
Profit (loss) for the period9904€431k€484k▲
Profit (loss) for the period to be appropriated9905€431k€484k▲
Appropriation of the result
Profit (loss) to be appropriated9906€431k€484k▲
Transfer to equity691/2€431k€484k▲
To other reserves6921€431k€484k▲
Social balance
Average headcount (FTE)90872.53.9▲
The notes to these accounts (8 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €484k ▲12.2%
Operating result €745k, net result €484k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €1MEq €1.12M ▲62.3%
7 profitable years in a row build equity to €1.12M.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €692k ▲38.5%
6 profitable years in a row build equity to €692k.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 121 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-12
Financial
Equity above €200kEq €323k ▲64.7%
4 profitable years in a row build equity to €323k.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Equity above €150kEq €196k ▲172%
3 profitable years in a row build equity to €196k.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
31-12
Financial
Weakest financial yearnet €19k ▼11%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.60 to 1.23; short-term debt falls from €274k to €221k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kruisem · 1 establishment unit since 2016
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.
Karreweg(KRU) 1379770 KruisemGround area
2,923 m²
Building footprint
286 m²
Volume, LiDAR
1,150 m³
Parcel 45017C0058/00E000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ROGECO
since 20162.262.182.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017C0058/00E000 | Flanders | 2,923 m² | 1 · 286 m² | 7.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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 2025 · 4 entries · 3,769 EUR awarded · 3,769 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 48 EUR | 48 EUR |
| 2023 | 1 | 216 EUR | 216 EUR |
| 2022 | 2 | 3,505 EUR | 3,505 EUR |
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,454 companies in sector 43120 we hold annual accounts for 3,232. 1,366 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-08-2016
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
81300Landscape service activities
01110Growing of cereals (except rice), leguminous crops and oil seeds
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.