ROLU
ActiveSummary
ROLU has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,122 and a net result of €20,891. Equity has been growing by about 5.3% per year since 2018. Its solvency ranks better than 59% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-07-2002 Normal situation
- Activity
- Wholesale of beverages, general range NACE 46349and 1 other
- Establishment unit
- 2.114.371.455 9255 Buggenhout, since 03-09-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Board and ownership
- JANSSENS Ronny André AlbertDirector
- VAN dEN BERGHE Luc Louis MariaDirector
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €30,990
- ▲ 732%
- Turnover
- ≈ €240,000
- estimated
- Profit
- €20,891
- ▲ 87.8%
- Equity
- €221,122
- ▲ 10.4%
- Total assets
- €429,452
- ▲ 4.7%
Score breakdownlowers riskLiquidity: current ratio 2.04, cash €185,567Founded in 2002Equity €221,122 (51.5% of total assets)Size: total assets €429,452Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 59% of them on solvency, 80% on liquidity, 38% on profitability and 65% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 12 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 23 filings
Every figure per financial year
The operating result for 2025 is 8.3 times that of 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,776 | €4,690 | €4,690 | €2,690 | €2,690 | €2,690 | - | - | - |
| Other operating charges640/8 | - | - | - | €240 | - | - | - | - | - |
| Gross operating margin9900 | €52,411 | €19,174 | -€10,679 | €29,991 | €9,891 | -€5,563 | €3,724 | €30,990 | ▲ 732% |
| Operating profit (loss)9901 | €48,375 | €14,218 | -€15,608 | €27,061 | €7,201 | -€8,253 | €3,724 | €30,990 | ▲ 732% |
| Financial income75/76B | - | - | - | €3,251 | €3,045 | €21,127 | €14,244 | €1,225 | ▼ 91.4% |
| Recurring financial income75 | €8,351 | €5,861 | €6,128 | €3,251 | €3,045 | €21,127 | €14,244 | €1,225 | ▼ 91.4% |
| Financial charges65/66B | - | - | - | €2,143 | €538 | €375 | €439 | €2,466 | ▲ 462% |
| Recurring financial charges65 | €9,574 | €474 | €6,499 | €2,143 | €538 | €375 | €439 | €2,466 | ▲ 462% |
| Profit (loss) for the period before taxes9903 | €47,153 | €19,605 | -€15,979 | €28,169 | €9,708 | €12,499 | €17,529 | €29,749 | ▲ 69.7% |
| Income taxes67/77 | €16,700 | €5,581 | €2,062 | €4,090 | €2,673 | €2,800 | €6,406 | €8,858 | ▲ 38.3% |
| Profit (loss) for the period9904 | €30,453 | €14,025 | -€18,041 | €24,079 | €7,035 | €9,699 | €11,123 | €20,891 | ▲ 87.8% |
| Profit (loss) for the period to be appropriated9905 | €30,453 | €14,025 | -€18,041 | €24,079 | €7,035 | €9,699 | €11,123 | €20,891 | ▲ 87.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €375,948 | €375,809 | €349,985 | €379,158 | €385,798 | €388,976 | €409,984 | €429,452 | ▲ 4.7% |
| Fixed assets21/28 | €8,535 | €17,295 | €12,605 | €9,915 | €7,225 | €4,535 | €4,535 | €4,535 | = |
| Tangible fixed assets22/27 | €4,000 | €12,760 | €8,070 | €5,380 | €2,690 | - | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €5,380 | €2,690 | - | - | - | - |
| Financial fixed assets28 | €4,535 | €4,535 | €4,535 | €4,535 | €4,535 | €4,535 | €4,535 | €4,535 | = |
| Current assets29/58 | €367,413 | €358,514 | €337,380 | €369,243 | €378,573 | €384,441 | €405,449 | €424,917 | ▲ 4.8% |
| Stocks and contracts in progress3 | €123,669 | €168,323 | €152,786 | €132,471 | €155,209 | €136,700 | €181,539 | €218,737 | ▲ 20.5% |
| Stocks30/36 | - | - | - | €132,471 | €155,209 | €136,700 | €181,539 | €218,737 | ▲ 20.5% |
| Amounts receivable within one year40/41 | €41,343 | €29,246 | €23,100 | €29,909 | €32,214 | €33,540 | €16,992 | €17,054 | ▲ 0.4% |
| Trade receivables40 | - | - | - | €26,409 | €28,678 | €18,280 | €16,992 | €17,054 | ▲ 0.4% |
| Other amounts receivable41 | - | - | - | €3,500 | €3,536 | €15,260 | - | - | - |
| Current investments50/53 | €114,314 | €42,216 | €92,615 | €42,216 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €88,087 | €118,729 | €68,880 | €164,648 | €191,150 | €212,158 | €204,771 | €185,567 | ▼ 9.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €2,043 | €2,147 | €3,559 | ▲ 65.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €375,948 | €375,809 | €349,985 | €379,158 | €385,798 | €388,976 | €409,984 | €429,452 | ▲ 4.7% |
| Equity10/15 | €152,311 | €166,336 | €148,295 | €172,374 | €179,409 | €189,108 | €200,231 | €221,122 | ▲ 10.4% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €132,311 | €146,336 | €146,336 | €152,374 | €159,409 | €169,108 | €180,231 | €201,122 | ▲ 11.6% |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | €150,374 | €157,409 | €169,108 | €180,231 | €201,122 | ▲ 11.6% |
| Profit (loss) carried forward14 | - | - | -€18,041 | - | - | - | - | - | - |
| Amounts payable17/49 | €223,637 | €209,473 | €201,690 | €206,784 | €206,389 | €199,868 | €209,753 | €208,330 | ▼ 0.7% |
| Amounts payable within one year42/48 | €223,637 | €208,247 | €201,690 | €206,784 | €206,389 | €199,868 | €209,753 | €208,330 | ▼ 0.7% |
| Trade debts44 | €6,782 | €365 | €2,127 | €731 | - | - | €1,283 | €45 | ▼ 96.5% |
| Suppliers440/4 | - | - | - | €731 | - | - | €1,283 | €45 | ▼ 96.5% |
| Taxes, remuneration and social security45 | - | - | - | €7,491 | €7,746 | €1,000 | €14,183 | €14,001 | ▼ 1.3% |
| Taxes450/3 | - | - | - | €6,491 | €6,746 | - | €13,183 | €13,001 | ▼ 1.4% |
| Remuneration and social security454/9 | - | - | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Other amounts payable47/48 | - | - | - | €198,563 | €198,643 | €198,868 | €194,287 | €194,284 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,453 | €14,025 | -€18,041 | €24,079 | €7,035 | €9,699 | €11,123 | €20,891 | ▲ 87.8% |
| + Depreciation and write-downs630 | €3,776 | €4,690 | €4,690 | €2,690 | €2,690 | €2,690 | - | - | - |
| Operating cash flow (approximation) | €34,228 | €18,715 | -€13,351 | €26,769 | €9,725 | €12,389 | €11,123 | €20,891 | ▲ 87.8% |
| Investment in fixed assets (approximation) | - | -€13,450 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €30,642 | -€49,849 | €95,768 | €26,502 | €21,008 | -€7,387 | -€19,204 | ▼ 160% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as ROLU has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ROLU itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,041 companies, not a prediction for ROLU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 23 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-07-2026 | 2026-00266810 | |
| 31-12-2024 | abbreviated format | 14-07-2025 | 2025-00263862 | |
| 31-12-2023 | abbreviated format | 27-08-2024 | 2024-00374857 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00179197 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20080684 | |
| 31-12-2020 | micro format | 31-07-2021 | 2021-45300190 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-37000314 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-28300180 | |
| 31-12-2017 | micro format | 20-07-2018 | 2018-35900027 | |
| 31-12-2016 | abbreviated format | 14-08-2017 | 2017-43600312 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 14-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| JANSSENS Ronny André Albert |
|
| VAN dEN BERGHE Luc Louis Maria |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Niet-statutaire bestuurders herroepbaar ad nutum bij besluit van de algemene vergadering, eerstvolgende algemene vergadering moet mandaat…”
Articles of association, deed of 14-12-2023 (in Dutch)
Network & group
Connections & network
3 connected companiesTimeline
Acts, filings and financial milestones
14-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignations: VAN dEN BERGHE Luc (manager) and JANSSENS Ronny (manager) · Reappointments: VAN dEN BERGHE Luc (director) and JANSSENS Ronny (director) · Legal-form conversion14 points ▸
- General meeting, 13-11-2023
- Other provision, “inschrijving en statutenhistoriek, rechtspersonen-register te Gent (afdeling Dendermonde)” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen en beschikbaar maken voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, VAN dEN BERGHE Luc (manager (not named in the articles))
- Director resignation, JANSSENS Ronny (manager (not named in the articles))
- Director reappointment, VAN dEN BERGHE Luc (director (not named in the articles))
- Director reappointment, JANSSENS Ronny (director (not named in the articles))
- Other provision, “uitoefening voorbije mandaat, kwijting ontslagnemende zaakvoerders” (deed in Dutch)
- The act holds 2 more points.
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
6 activities
- De groot- en kleinhandel, de import en export, de aan- en verkoop, het handel drijven, de vertegenwoordiging, het bemiddelen, het deskundig onderzoek, het onderwijzen, de uitgave en publicatie van wetenschappelijke en andere werken, de promotie, het inrichten van vergaderingen en seminaries, de publiciteit, het marktonderzoek, dit alles in verband met wijnen, geestrijke en andere dranken
- De aankoop, verkoop, import, export, productie, distributie, commercialisering, het fabriceren, het ontwerpen, de herstelling, de algemene vertegenwoordiging van lederwaren, alsmede het verlenen van alle mogelijke diensten die betrekking hebben op voormelde activiteiten
- Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- Borg stellen tot waarborg van eigen verbintenissen en van verbintenissen van derden, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
- Optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of verenigingen
- Alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42004B0081/00Z000 | Flanders | 1,675 m² | 1 · 375 m² | 6.3 m · 1 |
| 42004A0150/00Y000 | Flanders | 516 m² | 1 · 150 m² | 8.8 m · 2 |