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ROMAR-CONSTRUCT

Active
Private limited companyfounded 20224 yrs activeBergensesteenweg 421/13, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0790.395.095
Summary

The computed 12-month bankruptcy probability of ROMAR-CONSTRUCT is 2.6% (moderate). The 2025 annual accounts show equity of €13,853 and a net result of €840. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 7900 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability72▼-8
Solvency64▼-34
Growth68▼-17
Track record94
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 3.42 in 2024; short-term debt: 60.8% and cash: 20.1% of total assets), but 60.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 4 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 27-03-2026, 27 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 · 3 filings
Deviation from the deadline
2025
27 d late
2024
4 d late
2023
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close27-09-2026 today28-02-2027 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

ROMAR-CONSTRUCT was incorporated on 2 September 2022 as a Private limited company.1 Total assets rose from EUR 9,405 in 2023 to EUR 35,300 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€207,635▲ 247%
2023 · €59,863
EBIT margin
5.2%▼ 7.9pp
2023 · 13.1%
Net result
€840▼ 87.9%
2024 · €6,928
Working capital
€11,282▼ 2.0%
2024 · €11,516
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Turnover€59,863-€207,635▲ 247%
Operating result€7,833-€10,756▲ 37.3%€3,518▼ 67.3%
Net result€5,585below the sector's middle half-€6,928within the sector's middle half▲ 24.1%€840below the sector's middle half▼ 87.9%
EBIT margin13.1%-5.2%▼ 7.9pp
Equity€6,085below the sector's middle half-€13,013below the sector's middle half▲ 114%€13,853below the sector's middle half▲ 6.5%
Total assets€9,405below the sector's middle half-€17,773below the sector's middle half▲ 89.0%€35,300below the sector's middle half▲ 98.6%
Debt€3,320-€4,760▲ 43.4%€21,446▲ 351%
Working capital€6,085-€11,516▲ 89.3%€11,282▼ 2.0%
Solvency64.7%above the sector's middle half-73.2%above the sector's middle half▲ 8.5pp39.2%within the sector's middle half▼ 34.0pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2024 Turnover +247% on 2023. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000Operating result 2023: €7,833€7,833Net result 2023: €5,585€5,585Operating result 2024: €10,756€10,756Net result 2024: €6,928€6,928Operating result 2025: €3,518€3,518Net result 2025: €840€840202320242025€0€5,000€10,000Operating result 2023: €7,833€7,830Net result 2023: €5,585€5,580Operating result 2024: €10,756€10,800Net result 2024: €6,928€6,930Operating result 2025: €3,518€3,520Net result 2025: €840€840202320242025
The operating result falls in 2025; 2025 is 67% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35,300
Fixed assets €2,571 ▲ 71.7%
Current assets €32,728 ▲ 101%
Equity and liabilities €35,300
Equity €13,853 ▲ 6.5%
Debt €21,446 ▲ 351%
Debt's share of the balance-sheet total rises from 26.8% to 60.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4,717▼
2024 · €10,916
Cash flow
€2,039▼
2024 · €7,089
Current ratio
1.53▼
2024 · 3.42
Debt to equity
1.55▲
2024 · 0.37
ROE
6.1%▼
2024 · 53.2%
ROA
2.4%▼
2024 · 39.0%
Interest coverage
16.25▼
2024 · 59.24
Debt ≤ 1 year
€21,446▲
2024 · €4,760
Income taxes
€2,388▼
2024 · €3,644
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,548 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
1.8% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% 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 2,548 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€17,773€35,300▲
Fixed assets21/28€1,497€2,571▲
Tangible fixed assets22/27€1,497€2,571▲
Plant, machinery and equipment23-€1,251
Furniture and vehicles24€1,497€1,320▼
Current assets29/58€16,275€32,728▲
Amounts receivable within one year40/41€8,609€25,616▲
Trade receivables40€998€13,330▲
Other amounts receivable41€7,611€12,286▲
Cash at bank and in hand54/58€7,666€7,112▼
Equity and liabilities
Total equity and liabilities10/49€17,773€35,300▲
Equity10/15€13,013€13,853▲
Contributions10/11€500€500=
Profit (loss) carried forward14€12,513€13,353▲
Amounts payable17/49€4,760€21,446▲
Amounts payable within one year42/48€4,760€21,446▲
Trade debts44€1,653€9,796▲
Suppliers440/4€1,160€2,774▲
Bills of exchange payable441€493€7,022▲
Taxes, remuneration and social security45€307€2,570▲
Taxes450/3€307€2,570▲
Other amounts payable47/48€2,800€9,080▲
Income statement Code20242025
Turnover70€207,635-
Goods, raw materials, services and sundry goods60/61€196,039-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€160€1,199▲
Other operating charges640/8€679€613▼
Gross operating margin9900€11,595€5,330▼
Operating profit (loss)9901€10,756€3,518▼
Financial charges65/66B€184€290▲
Recurring financial charges65€184€290▲
Profit (loss) for the period before taxes9903€10,572€3,228▼
Income taxes67/77€3,644€2,388▼
Profit (loss) for the period9904€6,928€840▼
Profit (loss) for the period to be appropriated9905€6,928€840▼
Appropriation of the result
Profit (loss) to be appropriated9906€12,513€13,353▲
Profit (loss) brought forward from the previous period14P€5,585€12,513▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Turnover70€59,863€207,635--
Goods, raw materials, services and sundry goods60/61€51,757€196,039--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€160€1,199▲ 649%
Other operating charges640/8€273€679€613▼ 9.7%
Gross operating margin9900€8,106€11,595€5,330▼ 54.0%
Operating profit (loss)9901€7,833€10,756€3,518▼ 67.3%
Financial charges65/66B€720€184€290▲ 57.5%
Recurring financial charges65€720€184€290▲ 57.5%
Profit (loss) for the period before taxes9903€7,113€10,572€3,228▼ 69.5%
Income taxes67/77€1,529€3,644€2,388▼ 34.5%
Profit (loss) for the period9904€5,585€6,928€840▼ 87.9%
Profit (loss) for the period to be appropriated9905€5,585€6,928€840▼ 87.9%
Line202320242025Change
Assets
Total assets20/58€9,405€17,773€35,300▲ 98.6%
Fixed assets21/28-€1,497€2,571▲ 71.7%
Tangible fixed assets22/27-€1,497€2,571▲ 71.7%
Plant, machinery and equipment23--€1,251-
Furniture and vehicles24-€1,497€1,320▼ 11.8%
Current assets29/58€9,405€16,275€32,728▲ 101%
Amounts receivable within one year40/41€6,509€8,609€25,616▲ 198%
Trade receivables40€6,098€998€13,330▲ 1,236%
Other amounts receivable41€411€7,611€12,286▲ 61.4%
Cash at bank and in hand54/58€2,895€7,666€7,112▼ 7.2%
Equity and liabilities
Total equity and liabilities10/49€9,405€17,773€35,300▲ 98.6%
Equity10/15€6,085€13,013€13,853▲ 6.5%
Contributions10/11€500€500€500=
Profit (loss) carried forward14€5,585€12,513€13,353▲ 6.7%
Amounts payable17/49€3,320€4,760€21,446▲ 351%
Amounts payable within one year42/48€3,320€4,760€21,446▲ 351%
Trade debts44€1,469€1,653€9,796▲ 493%
Suppliers440/4€1,469€1,160€2,774▲ 139%
Bills of exchange payable441-€493€7,022▲ 1,325%
Taxes, remuneration and social security45€1,851€307€2,570▲ 738%
Taxes450/3€1,529€307€2,570▲ 738%
Remuneration and social security454/9€323---
Other amounts payable47/48-€2,800€9,080▲ 224%
Line202320242025Change
Profit (loss) for the period9904€5,585€6,928€840▼ 87.9%
+ Depreciation and write-downs630-€160€1,199▲ 649%
Operating cash flow (approximation)€5,585€7,089€2,039▼ 71.2%
Investment in fixed assets (approximation)---€2,273-
Change in cash-€4,771-€554▼ 112%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
27-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-07
Financial Weakest financial yearnet €840 ▼87.9%
Net result drops to €840, the lowest in the series.
04-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-07
Financial Highest result since 2023net €6,928 ▲24.1%
Operating result €10,756, net result €6,928, both a record.
09-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
8,860 m²
Building footprint
1,721 m²
Volume, LiDAR
2,329 m³
2 parcels, Brussels, Flanders · tallest building 12.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ROMAR-CONSTRUCT
Generaal de Ceunincklaan 11, 1020 BrusselManufacture of metal structures and parts of structures
since 20222.337.037.034
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23582E0505/00E000 Flanders 8,312 m² 1 · 1,330 m² -
21818A0003/00E046 Brussels 548 m² 1 · 391 m² 12.9 m · 1 fl.
Linked by address, not proof of ownership
Good to know
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

Of 15,521 companies in sector 43990 we hold annual accounts for 7,420. 4,674 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded02-09-2022
Fiscal year end31-07
Activities, NACEBEL 2025
43990Other specialised construction activities
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0790395095
Also 9925:BE0790395095

Register as of 27 September 2026 · Peppol Directory

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