ROOFLIGHT PROJECT
ActiveSummary
The computed 12-month bankruptcy probability of ROOFLIGHT PROJECT is 2.3% (moderate). The 2024 annual accounts show equity of €232,892 and a net result of €136,329. Equity is growing by ~33.7% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Joinery installation
NACE 43320Other construction installation NACE 43240NACE 43299
1 site
How big
€436,988total assets 2024
- Staff
- 1.5 FTE
- Equity
- €232,892
- Profit
- €136,329
Turnover not published (abridged schema)
Who decides
- Largest shareholder
- M360 · 50%
Accounts 39 d early0 of 2 deeds read
Why 76- Limited track record- Higher-failure-rate sector- Higher-failure-rate regionLatest accounts filed on timeShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+56
Solvency78▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 2.92 against 1.51 in 2023; short-term debt: 33.2% and cash: 60.1% of total assets), and 46.7% 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
Four 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 dateAge against the risk zone
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
39 d early
2024
50 d early
2023
47 d early
2022
53 d early
2021
55 d early
2020
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 50 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2020net €136,329 ▲4,694%
Financials
Fiscal year 2024Total assets €436,988Profit €136,329Solvency 53.3%Liquidity 2.92
Total assets
€436,988▼ 11.1%
2020 - 2024
Net result
€136,329▲ 4,694%
2020 - 2024
Equity
€232,892▲ 109%
2020 - 2024
Staff (FTE)
1.5▲ 50.0%
2020 - 2024
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: 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. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€8,983-€91,151€26,724▼ 70.7%€8,132▼ 69.6%€189,555▲ 2,231%
Net result-€12,984below the sector's middle half-€66,462above the sector's middle half€16,241within the sector's middle half▼ 75.6%€2,844within the sector's middle half▼ 82.5%€136,329above the sector's middle half▲ 4,694%
Equity€47,016within the sector's middle half-€113,478within the sector's middle half▲ 141%€129,719above the sector's middle half▲ 14.3%€111,563within the sector's middle half▼ 14.0%€232,892above the sector's middle half▲ 109%
Total assets€450,998above the sector's middle half-€425,449above the sector's middle half▼ 5.7%€392,270above the sector's middle half▼ 7.8%€491,790above the sector's middle half▲ 25.4%€436,988above the sector's middle half▼ 11.1%
Debt€403,982-€311,971▼ 22.8%€262,551▼ 15.8%€380,227▲ 44.8%€181,596▼ 52.2%
Working capital€174,797above the sector's middle half-€222,220above the sector's middle half▲ 27.1%€210,346above the sector's middle half▼ 5.3%€161,129above the sector's middle half▼ 23.4%€278,965above the sector's middle half▲ 73.1%
Solvency10.4%below the sector's middle half-26.7%within the sector's middle half▲ 16.2pp33.1%within the sector's middle half▲ 6.4pp22.7%below the sector's middle half▼ 10.4pp53.3%within the sector's middle half▲ 30.6pp
Current ratio1.69within the sector's middle half-2.17within the sector's middle half▲ 0.482.24within the sector's middle half▲ 0.071.51within the sector's middle half▼ 0.732.92within the sector's middle half▲ 1.42
Return on assets (ROA)-2.9%below the sector's middle half-15.6%within the sector's middle half▲ 18.5pp4.1%within the sector's middle half▼ 11.5pp0.6%within the sector's middle half▼ 3.6pp31.2%above the sector's middle half▲ 30.6pp
Staff (FTE)0.6below the sector's middle half-1.1▲ 83.3%1▼ 9.1%1=1.5▲ 50.0%
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 micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2,231% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €436,988
Fixed assets
€12,950 ▼ 0.4%
Current assets
€424,038 ▼ 11.4%
Equity and liabilities €436,988
Equity
€232,892 ▲ 109%
Provisions
€22,500
Debt
€181,596 ▼ 52.2%
Debt's share of the balance-sheet total falls from 77.3% to 41.6%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€194,824▲
2023 · €13,290
Cash flow
€141,598▲
2023 · €8,002
Quick ratio
2.72▲
2023 · 1.20
Debt to equity
0.78▼
2023 · 3.41
ROE
58.5%▲
2023 · 2.5%
Interest coverage
28.13▲
2023 · 2.98
Debt ≤ 1 year
€145,073▼
2023 · €317,654
Debt > 1 year
€36,523▼
2023 · €62,573
Income taxes
€47,053▲
2023 · €1,196
Staff costs
€83,033▲
2023 · €46,478
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.3% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 26,975 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €33,102 | €43,271 | €46,478 | €83,033 | ▲ 78.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,484 | €7,879 | €7,945 | €5,158 | €5,269 | ▲ 2.2% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €22,500 | - |
| Other operating charges640/8 | - | €562 | €740 | €591 | €594 | ▲ 0.5% |
| Gross operating margin9900 | €16,777 | €132,694 | €78,680 | €60,359 | €300,951 | ▲ 399% |
| Operating profit (loss)9901 | -€8,983 | €91,151 | €26,724 | €8,132 | €189,555 | ▲ 2,231% |
| Financial income75/76B | - | €426 | €71 | €371 | €752 | ▲ 103% |
| Recurring financial income75 | €2 | €426 | €71 | €371 | €752 | ▲ 103% |
| Financial charges65/66B | - | €7,615 | €5,410 | €4,463 | €6,925 | ▲ 55.2% |
| Recurring financial charges65 | €4,003 | €7,615 | €5,410 | €4,463 | €6,925 | ▲ 55.2% |
| Profit (loss) for the period before taxes9903 | -€12,984 | €83,962 | €21,385 | €4,040 | €183,382 | ▲ 4,439% |
| Income taxes67/77 | - | €17,500 | €5,144 | €1,196 | €47,053 | ▲ 3,834% |
| Profit (loss) for the period9904 | -€12,984 | €66,462 | €16,241 | €2,844 | €136,329 | ▲ 4,694% |
| Profit (loss) for the period to be appropriated9905 | -€12,984 | €66,462 | €16,241 | €2,844 | €136,329 | ▲ 4,694% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €450,998 | €425,449 | €392,270 | €491,790 | €436,988 | ▼ 11.1% |
| Fixed assets21/28 | €21,255 | €13,376 | €12,065 | €13,007 | €12,950 | ▼ 0.4% |
| Intangible fixed assets21 | €10,200 | €7,650 | €5,100 | €2,550 | - | - |
| Tangible fixed assets22/27 | €11,055 | €5,726 | €6,965 | €4,357 | €5,913 | ▲ 35.7% |
| Plant, machinery and equipment23 | - | - | - | - | €3,768 | - |
| Furniture and vehicles24 | - | €5,726 | €6,965 | €4,357 | €2,145 | ▼ 50.8% |
| Financial fixed assets28 | - | - | - | €6,100 | €7,037 | ▲ 15.4% |
| Current assets29/58 | €429,743 | €412,073 | €380,205 | €478,783 | €424,038 | ▼ 11.4% |
| Stocks and contracts in progress3 | €25,244 | €53,534 | €52,919 | €98,300 | €29,019 | ▼ 70.5% |
| Stocks30/36 | - | €53,534 | €52,919 | €98,300 | €29,019 | ▼ 70.5% |
| Amounts receivable within one year40/41 | €264,771 | €188,795 | €217,181 | €275,422 | €128,776 | ▼ 53.2% |
| Trade receivables40 | - | €144,204 | €184,201 | €220,497 | €97,206 | ▼ 55.9% |
| Other amounts receivable41 | - | €44,591 | €32,980 | €54,925 | €31,570 | ▼ 42.5% |
| Current investments50/53 | - | €39,999 | €39,998 | €39,998 | - | - |
| Cash at bank and in hand54/58 | €134,124 | €125,400 | €65,720 | €57,796 | €262,612 | ▲ 354% |
| Deferred charges and accrued income490/1 | - | €4,345 | €4,387 | €7,267 | €3,631 | ▼ 50.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €450,998 | €425,449 | €392,270 | €491,790 | €436,988 | ▼ 11.1% |
| Equity10/15 | €47,016 | €113,478 | €129,719 | €111,563 | €232,892 | ▲ 109% |
| Contributions10/11 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Profit (loss) carried forward14 | -€12,984 | €53,478 | €69,719 | €51,563 | €172,892 | ▲ 235% |
| Provisions and deferred taxes16 | - | - | - | - | €22,500 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €22,500 | - |
| Other liabilities and charges164/5 | - | - | - | - | €22,500 | - |
| Amounts payable17/49 | €403,982 | €311,971 | €262,551 | €380,227 | €181,596 | ▼ 52.2% |
| Amounts payable after more than one year17 | €149,036 | €122,118 | €92,692 | €62,573 | €36,523 | ▼ 41.6% |
| Financial debts170/4 | - | €122,118 | €92,692 | €62,573 | €36,523 | ▼ 41.6% |
| Amounts payable within one year42/48 | €254,946 | €189,853 | €169,859 | €317,654 | €145,073 | ▼ 54.3% |
| Current portion of amounts payable after more than one year42 | - | €28,749 | €29,426 | €35,202 | €31,139 | ▼ 11.5% |
| Trade debts44 | €50,047 | €103,280 | €75,779 | €73,262 | €62,609 | ▼ 14.5% |
| Suppliers440/4 | - | €103,280 | €75,779 | €73,262 | €62,609 | ▼ 14.5% |
| Advances received on contracts in progress46 | - | €34,839 | €32,804 | €172,474 | €9,474 | ▼ 94.5% |
| Taxes, remuneration and social security45 | - | €22,965 | €31,850 | €15,716 | €25,742 | ▲ 63.8% |
| Taxes450/3 | - | €19,183 | €24,933 | €7,723 | €8,925 | ▲ 15.6% |
| Remuneration and social security454/9 | - | €3,782 | €6,917 | €7,993 | €16,817 | ▲ 110% |
| Other amounts payable47/48 | - | €20 | - | €21,000 | €16,109 | ▼ 23.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€12,984 | €66,462 | €16,241 | €2,844 | €136,329 | ▲ 4,694% |
| + Depreciation and write-downs630 | €7,484 | €7,879 | €7,945 | €5,158 | €5,269 | ▲ 2.2% |
| Operating cash flow (approximation) | -€5,500 | €74,341 | €24,186 | €8,002 | €141,598 | ▲ 1,670% |
| Investment in fixed assets (approximation) | - | €0 | -€6,634 | -€6,100 | -€5,212 | ▲ 14.6% |
| Change in cash | - | -€8,724 | -€59,680 | -€7,924 | €204,816 | ▲ 2,685% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
KUSTERS GENT
BE 0810.594.158
Lievegem · Eq €232,839
VITRERIE J. CAMPAGNOLO
BE 0893.257.261
Oupeye · Eq €232,955
MENUISERIE ISO
BE 0647.912.686
Saint-Ghislain · Eq €232,803
P.O.F.
BE 0476.504.184
Heist-op-den-Berg · Eq €232,790
GARAGEPOORTEN VLOEMANS
BE 0897.369.269
Lille · Eq €233,007
Of 20,030 companies in this sector we hold annual accounts for 9,139. 7,229 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
3 ownersOwners 3
- Sourceaccounts M360 202550%
-
33.33%
-
33.33%
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 directors read yet: 0 of 2 Gazette acts processed.
Timeline
10 eventsLatest 22-06-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €136,329 ▲4,694%
Operating result €189,555, net result €136,329, both a record.
31-12
Financial
Equity above €200,000Eq €232,892 ▲109%
4 profitable years in a row build equity to €232,892.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €66,462
Net result €66,462 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €113,478 ▲141%
Equity rises from €47,016 to €113,478.
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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.
Support & recognitions
1 register with a recognition
Registered contractor
15
categories
Recognitions · licences · registrations
Recognised contractor
15 categoriesROOFLIGHT PROJECT SRLapproval no. 40810
Company details
Private limited company · founded 14-01-2020Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43320Joinery installation
41001General construction of residential buildings
43212Electrical installation work in industrial facilities
43222Installation of electric heating, air conditioning, cooling and ventilation
43421Specialised construction activities
43422Screed work
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0741542927
Also
9925:BE0741542927
Registered
27-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Nivelles · 1 establishment unit since 2020
Ground area
4,842 m²
Building footprint
2,423 m²
Volume, LiDAR
14,623 m³
Parcel 25782C0642/00C000, Wallonia · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
ROOFLIGHT PROJECT
since 2020unit no. 2.298.281.673
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0642/00C000 | Wallonia | 4,842 m² | 1 · 2,423 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.