ROGER 1937

Active

Private limited companyfounded 20197 yrs activeLouizalaan 264, 1050 Elsene, BelgiumKBO/BCE: BE 0732.611.207

The computed 12-month bankruptcy probability of ROGER 1937 is 3.3% (moderate). The 2025 annual accounts show negative equity (€-10k) and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 4537 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

21 / 100

Critical▼ -12 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-100

Solvency37=

Growth58=

Stability100

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.66 against 0.66 in 2024), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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 2025

Solvency, return and age of the figures

Solvency

-4.6%

Return on assets

9.4%

Age of the figures

8 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 6 filings

Deviation from the deadline

2025

30 d late

2024

28 d late

2023

26 d late

2022

3 d early

2021

31 d late

2020

31 d late

← before the deadline after the deadline →

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 months

Position in the running window

12-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€-10k▲ 67.1%

2024 · €-30k

2020: €-868 2021: €5k 2022: €-7k 2023: €-22k 2024: €-30k

2020 → 2025

Total assets

€216k▼ 16.9%

2024 · €260k

2020: €190k 2021: €181k 2022: €162k 2023: €125k 2024: €260k

2020 → 2025

Net result

€20k

2024 · €-9k

2020: €-21k 2021: €6k 2022: €-12k 2023: €-15k 2024: €-9k

2020 → 2025

Working capital

€-32k▲ 31.9%

2024 · €-47k

2020: €13k 2021: €-2k 2022: €-16k 2023: €-23k 2024: €-47k

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€5k-€-7k€-22k▼ 214%€-30k▼ 39.3%€-10k▲ 67.1%

Operating result€4k-€-8k€-11k▼ 38.7%€-2k▲ 81.2%€26k

Net result€6k-€-12k€-15k▼ 20.3%€-9k▲ 42.4%€20k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €26k after a loss of €2k in 2024, the highest year so far.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €216k

70.8%

29.2%

Fixed assets €153k▼ 8.8%

Current assets €63k▼ 31.7%

Key figures and ratios

2025 value · change against 2024

EBITDA

€40k▲

2024 · €10k

Cash flow

€35k▲

2024 · €4k

Solvency

-4.6%▲

2024 · -11.6%

Current ratio

0.66▲

2024 · 0.66

Quick ratio

0.66▲

2024 · 0.66

Debt / equity

-22.77▼

2024 · -9.62

ROE

-204.0%▼

2024 · 28.2%

ROA

9.4%▲

2024 · -3.3%

Interest coverage

7.51▲

2024 · 1.56

Debt

€226k▼

2024 · €290k

Debt ≤ 1 year

€96k▼

2024 · €140k

Debt > 1 year

€131k▼

2024 · €150k

Staff costs

€346k▲

2024 · €223k

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€260k€216k▼

Fixed assets21/28€168k€153k▼

Intangible fixed assets21€48k€37k▼

Tangible fixed assets22/27€119k€116k▼

Land and buildings22€119k€115k▼

Plant, machinery and equipment23€167€20▼

Furniture and vehicles24€653€511▼

Current assets29/58€93k€63k▼

Amounts receivable within one year40/41€29k€26k▼

Trade receivables40€29k€26k▼

Current investments50/53€59k€2k▼

Cash at bank and in hand54/58-€35k

Deferred charges and accrued income490/1€4k€0▼

Equity and liabilities

Total equity and liabilities10/49€260k€216k▼

Equity10/15€-30k€-10k▲

Contributions10/11€20k€20k=

Profit (loss) carried forward14€-50k€-30k▲

Amounts payable17/49€290k€226k▼

Amounts payable after more than one year17€150k€131k▼

Financial debts170/4€150k€131k▼

Amounts payable within one year42/48€140k€96k▼

Current portion of amounts payable after more than one year42€22k€20k▼

Trade debts44€9k€8k▼

Suppliers440/4€9k€8k▼

Taxes, remuneration and social security45€59k€37k▼

Taxes450/3€34k€32k▼

Remuneration and social security454/9€24k€5k▼

Other amounts payable47/48€50k€30k▼

Income statement Code20242025

Remuneration, social security and pensions62€223k€346k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€15k▲

Other operating charges640/8€5k€8k▲

Gross operating margin9900€238k€394k▲

Operating profit (loss)9901€-2k€26k▲

Financial income75/76B€0€0▼

Recurring financial income75€0€0▼

Financial charges65/66B€7k€5k▼

Recurring financial charges65€7k€5k▼

Profit (loss) for the period before taxes9903€-9k€20k▲

Profit (loss) for the period9904€-9k€20k▲

Profit (loss) for the period to be appropriated9905€-9k€20k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-50k€-30k▲

Profit (loss) brought forward from the previous period14P€-42k€-50k▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 8Financial 2Filings 6

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 30 days late

2025

31-12

Financial Back to profitnet €20k

Net result €20k after 3 loss-making years.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

26-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 26 days late

2023

28-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Back to profitnet €6k

Net result €6k after one loss-making year.

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 director, no change since 2024

COPPENS Ludovic

Director (executive) · since 01-07-2024

Current

01-07-2024 Appointed as Director (executive)

Location & real-estate footprint

Registered office, Elsene · 2 establishment units since 2019

establishment All 2 establishment units on the map

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.

Louizalaan 2641050 Elsene

Ground area

1,057 m²

Building footprint

991 m²

Volume, LiDAR

1,213 m³

2 parcels, Brussels, Wallonia · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

ROGER 1937

Boulogne bosstraat 11, 7700 MouscronBeauty treatment

since 20192.294.797.294

ROGER 1937

Louizalaan 264, 1050 ElseneRetail sale of cosmetics and toilet articles

since 20252.371.317.428

2 parcels

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
54433E0618/00L006	Wallonia	918 m²	1 · 896 m²	-
21807G0148/00R002	Brussels	139 m²	1 · 96 m²	17.4 m · 4 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.

Similar companies · same sector, comparable size

Sint-Jans-Molenbeek · Eq €5k

Of 21,678 companies in sector 96210 we hold annual accounts for 2,807. 1,992 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded14-08-2019

Fiscal year end31-12

Activities, NACEBEL

96021Hairdressing

96210Hairdressing and barber services

47716Retail sale of clothing and accessories for women, men, children and babies (general range)

47750Retail sale of cosmetics and toilet articles

96022Beauty treatment

96220Beauty care and other beauty treatments

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.