Skip to content

ROJA

Active
Private limited companyfounded 198739 yrs activeChaussée Brunehault(CAR) 413, 7141 Morlanwelz, BelgiumKBO/BCE: BE 0430.805.803
Summary

ROJA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €372,320 and a net result of €67,018. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78▼-7
Solvency66▲+6
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 1.86 against 2.63 in 2024; short-term debt: 11.8% and cash: 1% of total assets), but 59.2% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.8%
Return on assets
7.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €372,320
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 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d early
2022
5 d early
2021
on the day
2020
25 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 2 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

ROJA was incorporated on 28 March 1987.1 Total assets rose from EUR 688,923 in 2018 to EUR 913,124 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€67,018▼ 41.6%
2024 · €114,670
Working capital
€92,215▼ 49.9%
2024 · €184,022
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
Line20212022202320242025
Operating result€64,316▼ 7.1%€91,369▲ 42.1%€162,749▲ 78.1%€156,861▼ 3.6%€98,469▼ 37.2%
Net result€66,926▼ 7.0%€56,014▼ 16.3%€110,325▲ 97.0%€114,670▲ 3.9%€67,018▼ 41.6%
Equity€24,294▼ 96.7%€80,308▲ 231%€190,632▲ 137%€305,302▲ 60.2%€372,320▲ 22.0%
Total assets€995,389▲ 7.8%€1.1m▲ 6.3%€627,908▼ 40.7%€870,342▲ 38.6%€913,124▲ 4.9%
Debt€971,096▲ 423%€978,106▲ 0.7%€437,276▼ 55.3%€565,040▲ 29.2%€540,804▼ 4.3%
Working capital-€95,653€192,930-€25,578€184,022€92,215▼ 49.9%
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2021: €64,316€64,316Net result 2021: €66,926€66,926Operating result 2022: €91,369€91,369Net result 2022: €56,014€56,014Operating result 2023: €162,749€162,749Net result 2023: €110,325€110,325Operating result 2024: €156,861€156,861Net result 2024: €114,670€114,670Operating result 2025: €98,469€98,469Net result 2025: €67,018€67,01820212022202320242025€0€50,000€100,000€150,000Operating result 2023: €162,749€163,000Net result 2023: €110,325€110,000Operating result 2024: €156,861€157,000Net result 2024: €114,670€115,000Operating result 2025: €98,469€98,500Net result 2025: €67,018€67,000202320242025
The operating result has fallen two years in a row; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €913,124
Fixed assets €713,568 ▲ 24.4%
Current assets €199,556 ▼ 32.8%
Equity and liabilities €913,124
Equity €372,320 ▲ 22.0%
Debt €540,804 ▼ 4.3%
Debt's share of the balance-sheet total falls from 64.9% to 59.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€120,327▼
2024 · €176,656
Cash flow
€88,876▼
2024 · €134,465
Current ratio
1.86▼
2024 · 2.63
Debt to equity
1.45▼
2024 · 1.85
ROE
18.0%▼
2024 · 37.6%
ROA
7.3%▼
2024 · 13.2%
Interest coverage
13.20▼
2024 · 44.52
Debt ≤ 1 year
€107,340▼
2024 · €112,846
Debt > 1 year
€424,024▼
2024 · €428,764
Income taxes
€22,339▼
2024 · €38,223
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,082 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€870,342€913,124▲
Fixed assets21/28€573,474€713,568▲
Tangible fixed assets22/27€573,474€551,616▼
Land and buildings22€573,474€551,616▼
Financial fixed assets28-€161,953
Current assets29/58€296,868€199,556▼
Amounts receivable within one year40/41€11,052€187,582▲
Trade receivables40€2,118€25,105▲
Other amounts receivable41€8,935€162,477▲
Cash at bank and in hand54/58€285,816€9,056▼
Deferred charges and accrued income490/1-€2,918
Equity and liabilities
Total equity and liabilities10/49€870,342€913,124▲
Equity10/15€305,302€372,320▲
Contributions10/11€18,592€18,592=
Reserves13€286,710€353,728▲
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Distributable reserves133€284,851€351,869▲
Amounts payable17/49€565,040€540,804▼
Amounts payable after more than one year17€428,764€424,024▼
Financial debts170/4€281,027€309,042▲
Other amounts payable178/9€147,737€114,982▼
Amounts payable within one year42/48€112,846€107,340▼
Current portion of amounts payable after more than one year42€12,263€88,969▲
Financial debts43€41,647-
Credit institutions430/8€41,647-
Trade debts44€18,775€18,372▼
Suppliers440/4€18,775€18,372▼
Taxes, remuneration and social security45€40,161-
Taxes450/3€40,161-
Accrued charges and deferred income492/3€23,430€9,440▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,795€21,858▲
Other operating charges640/8€23,789€20,077▼
Gross operating margin9900€200,445€140,404▼
Operating profit (loss)9901€156,861€98,469▼
Financial charges65/66B€3,968€9,112▲
Recurring financial charges65€3,968€9,112▲
Profit (loss) for the period before taxes9903€152,893€89,357▼
Income taxes67/77€38,223€22,339▼
Profit (loss) for the period9904€114,670€67,018▼
Profit (loss) for the period to be appropriated9905€114,670€67,018▼
Appropriation of the result
Profit (loss) to be appropriated9906€114,670€67,018▼
Transfer to equity691/2€114,670€67,018▼
To other reserves6921€114,670€67,018▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€79,087€19,787€19,795€21,858▲ 10.4%
Other operating charges640/8€13,662€19,096€21,168€23,789€20,077▼ 15.6%
Gross operating margin9900€77,978€189,553€203,705€200,445€140,404▼ 30.0%
Operating profit (loss)9901€64,316€91,369€162,749€156,861€98,469▼ 37.2%
Financial income75/76B€27,201€126----
Recurring financial income75€27,201€126----
Financial charges65/66B€229€14,838€12,264€3,968€9,112▲ 130%
Recurring financial charges65€229€14,838€12,264€3,968€9,112▲ 130%
Profit (loss) for the period before taxes9903€91,289€76,657€150,486€152,893€89,357▼ 41.6%
Income taxes67/77€24,363€20,644€40,161€38,223€22,339▼ 41.6%
Profit (loss) for the period9904€66,926€56,014€110,325€114,670€67,018▼ 41.6%
Profit (loss) for the period to be appropriated9905€66,926€56,014€110,325€114,670€67,018▼ 41.6%
Line20212022202320242025Change
Assets
Total assets20/58€995,389€1.1m€627,908€870,342€913,124▲ 4.9%
Fixed assets21/28€123,947€572,661€552,874€573,474€713,568▲ 24.4%
Tangible fixed assets22/27€123,947€572,661€552,874€573,474€551,616▼ 3.8%
Land and buildings22€123,947€572,661€552,874€573,474€551,616▼ 3.8%
Financial fixed assets28----€161,953-
Current assets29/58€871,443€485,752€75,034€296,868€199,556▼ 32.8%
Amounts receivable within one year40/41€686,411€329,107€55,575€11,052€187,582▲ 1,597%
Trade receivables40€1,929-€81€2,118€25,105▲ 1,086%
Other amounts receivable41€684,481€329,107€55,494€8,935€162,477▲ 1,719%
Cash at bank and in hand54/58€182,607€102,147€15,738€285,816€9,056▼ 96.8%
Deferred charges and accrued income490/1€2,425€54,498€3,722-€2,918-
Equity and liabilities
Total equity and liabilities10/49€995,389€1.1m€627,908€870,342€913,124▲ 4.9%
Equity10/15€24,294€80,308€190,632€305,302€372,320▲ 22.0%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€5,702€61,716€172,040€286,710€353,728▲ 23.4%
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859€1,859€1,859€1,859=
Distributable reserves133€3,843€59,856€170,181€284,851€351,869▲ 23.5%
Amounts payable17/49€971,096€978,106€437,276€565,040€540,804▼ 4.3%
Amounts payable after more than one year17-€675,844€322,674€428,764€424,024▼ 1.1%
Financial debts170/4-€363,909€322,674€281,027€309,042▲ 10.0%
Other amounts payable178/9-€311,934-€147,737€114,982▼ 22.2%
Amounts payable within one year42/48€967,096€292,822€100,612€112,846€107,340▼ 4.9%
Current portion of amounts payable after more than one year42---€12,263€88,969▲ 626%
Financial debts43-€40,828€41,236€41,647--
Credit institutions430/8-€40,828€41,236€41,647--
Trade debts44€2,425€7,795€19,216€18,775€18,372▼ 2.1%
Suppliers440/4€2,425€7,795€19,216€18,775€18,372▼ 2.1%
Taxes, remuneration and social security45€28,262€44,821€40,161€40,161--
Taxes450/3€28,262€44,821€40,161€40,161--
Other amounts payable47/48€936,409€199,378----
Accrued charges and deferred income492/3€4,000€9,440€13,990€23,430€9,440▼ 59.7%
Line20212022202320242025Change
Profit (loss) for the period9904€66,926€56,014€110,325€114,670€67,018▼ 41.6%
+ Depreciation and write-downs630-€79,087€19,787€19,795€21,858▲ 10.4%
Operating cash flow (approximation)€66,926€135,101€130,112€134,465€88,876▼ 33.9%
Investment in fixed assets (approximation)--€527,802€0-€40,395-€161,953▼ 301%
Change in cash--€80,459-€86,410€270,078-€276,760▼ 202%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €114,670 ▲3.9%
Net result €114,670, the highest in the series.
31-12
Financial Liquidity quadruplescurrent ratio 2.63
Current ratio from 0.75 to 2.63.
31-12
Financial Equity above €200,000Eq €305,302 ▲60.2%
7 profitable years in a row build equity to €305,302.
29-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €150,000Eq €190,632 ▲137%
6 profitable years in a row build equity to €190,632.
26-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Morlanwelz · 3 establishment units since 2024
seat establishment approximate All 3 establishment units on the map
Ground area
3,866 m²
Building footprint
1,893 m²
Volume, LiDAR
11,568 m³
3 parcels, Wallonia · tallest building 18.1 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
ROJA
Chaussée Brunehault(MSA) 413, 7141 MorlanwelzHoldings
since 20242.365.362.321
ROJA
Rue du Spirou 1, 6061 CharleroiHoldings
since 20242.365.362.420
ROJA
Rue Jules Destrée 75, 7390 QuaregnonHoldings
since 20242.365.362.519
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56015A0833/00N000 Wallonia 2,022 m² 1 · 1,019 m² 18.1 m · 2 fl.
52412A0149/00E002 Wallonia 1,644 m² 1 · 874 m² 9.5 m · 2 fl.
53065B0732/00H000indicative Wallonia 200 m² - -
Linked by address, not proof of ownership
Good to know
2 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. 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 fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0430805803
Also 9925:BE0430805803
Registered 03-09-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.