Checked.be
Active
BE 0657.952.483Private limited company
Roofside
Voie de Meuniers(VER) 31 ·4537 Verlaine, Belgium· 10 yrs active
Sector: General electrical installation work
(43211)
Conclusion
Roofside has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €586k. Equity is shrinking by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 49% of 4735 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €1.05M |
| Net result | €586k |
| Staff (FTE) | 2 |
| Better than sector | 49% |
Financial profile
88
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
100
Solvency
90
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2016, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€100k
estimate, not credit advice
Score history
93
2022
93
2023
86
2024
94
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 3.17 (≥ 1.5)
+10
Quick ratio
Quick ratio 2.88 (≥ 1.0)
+5
Leverage
Debt/equity 1.23 (< 2.0)
+3
Profitability
ROE 56% (≥ 10%)
+10
Interest coverage
Interest coverage 38.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-04-2026 with the NBB · fiscal year 2025 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Net result: growth of ~9.8%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 44.9% | 45.7% | |
| Net result | €586k | €116k | |
| Equity | €1.05M | €1.64M | |
| Gross operating margin | €975k | €354k | |
| Staff costs | €130k | €781k |
€843k
+14.8%
22-25
€586k
+27.7%
22-25
€678k
+22.8%
22-25
€2.35M
+28.4%
22-25
€1.05M
+63.1%
22-25
€1.35M
+254.1%
22-25
2
+81.8%
22-25
€130k
+113.1%
22-25
€191k
-10.5%
22-25
€178k
-88.2%
22-25
€1.29M
+9.5%
22-25
€622k
-47.1%
22-25
€650k
-
22-25
3.17
+139.6%
22-25
2.88
+132.8%
22-25
44.9%
+27.0%
22-25
1.23
-32.9%
22-25
55.6%
-21.7%
22-25
24.9%
-0.6%
22-25
38.04
-33.4%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | micro schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €843k | €735k | €583k | €653k |
| Net profit | €586k | €459k | €408k | €476k |
| Cash flow | €678k | €552k | €491k | €527k |
| Staff costs | €130k | €61k | €52k | €45k |
| Income taxes | €191k | €214k | €121k | €149k |
| Dividends | €178k | €1.50M | - | - |
| Total assets | €2.35M | €1.83M | €1.92M | €1.90M |
| Equity | €1.05M | €646k | €1.69M | €1.28M |
| Debt | €1.29M | €1.18M | €233k | €621k |
| of which ≤ 1y | €622k | €1.18M | €229k | €618k |
| of which > 1y | €650k | - | - | - |
| Working capital | €1.35M | €382k | €1.35M | €1.04M |
| Employees (FTE) | 2.0 | 1.1 | 1.0 | 0.9 |
Note: these years are not on the same basis. The filed schemas differ (full schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 3.17 | 1.32 | 6.89 | 2.68 |
| Quick ratio | 2.88 | 1.24 | 6.14 | 2.40 |
| Working capital ratio | 57.6% | 20.9% | 70.1% | 54.6% |
| Solvency | 44.9% | 35.3% | 87.9% | 67.3% |
| Debt / equity | 1.23 | 1.83 | 0.14 | 0.49 |
| Long-term debt ratio | 0.62 | - | - | - |
| Interest coverage | 38.04 | 57.16 | 217.27 | 222.65 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 24.9% | 25.1% | 21.2% | 25.1% |
| ROE | 55.6% | 71.0% | 24.2% | 37.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (26 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.35M | €1.83M | €1.92M | €1.90M |
| Fixed assets | 21/28 | €373k | €270k | €346k | €246k |
| Tangible fixed assets | 22/27 | €373k | €269k | €344k | €246k |
| Financial fixed assets | 28 | €0 | €860 | €2k | €60 |
| Current assets | 29/58 | €1.98M | €1.56M | €1.57M | €1.65M |
| Stocks & contracts in progress | 3 | €182k | €102k | €170k | €169k |
| Amounts receivable within one year | 40/41 | €477k | €593k | €311k | €540k |
| Investments | 50/53 | €900k | €250k | €469k | €469k |
| Cash & bank | 54/58 | €353k | €605k | €616k | €473k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.35M | €1.83M | €1.92M | €1.90M |
| Equity | 10/15 | €1.05M | €646k | €1.69M | €1.28M |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €661k | €532k | €171k | €171k |
| Accumulated profits (losses) | 14 | €375k | €96k | €1.50M | €1.09M |
| Amounts payable | 17/49 | €1.29M | €1.18M | €233k | €621k |
| Amounts payable after one year | 17 | €650k | - | - | - |
| Amounts payable within one year | 42/48 | €622k | €1.18M | €229k | €618k |
| Trade debts payable within one year | 44 | €24k | €5k | €131k | €276k |
| Income statement | |||||
| Gross operating margin | 9900 | €975k | €797k | €637k | €698k |
| Operating result | 9901 | €751k | €641k | €500k | €603k |
| Financial income | 75 | €48k | €44k | €31k | €26k |
| Financial charges | 65 | €22k | €13k | €3k | €3k |
| Result before taxes | 9903 | €777k | €672k | €529k | €626k |
| Income taxes | 67/77 | €191k | €214k | €121k | €149k |
| Net result for the period | 9904 | €586k | €459k | €408k | €476k |
| Result to be appropriated | 9905 | €375k | €459k | €408k | €476k |
Legal Structure
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 04-07-2016 |
| Status | Active |
| Postal code | 4537 |
Establishment units
Roofside
since 20162.254.421.540
Updates
Next filing, fiscal year 2026, expected by
2026
24-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-09
Financial
Highest result since 2022net €586k ▲27.7%
Operating result €751k, net result €586k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 3.17
Current ratio from 1.32 to 3.17; short-term debt falls from €1.18M to €622k.
30-09
Financial
Equity above €1MEq €1.05M ▲63.1%
4 profitable years in a row build equity to €1.05M.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 58 days late
2023
08-12
State Gazette act
Director changes
Marie-Eve HEPTIA
30-09
Financial
Weakest financial yearnet €408k ▼14.4%
Net result drops to €408k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 6.89
Current ratio from 2.68 to 6.89; short-term debt falls from €618k to €229k.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
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.
Belgisch Staatsblad, acts
All acts · 1
updated 2 years ago
2023
08-12-2023 Change in the board of directors
Notary:
Marie-Eve HEPTIA · Esneux
Technical details
{
"events": [],
"notary": {
"name": "Marie-Eve HEPTIA",
"firm_city": null,
"firm_name": null,
"office_city": "Esneux",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-08",
"filing_date": "2023-12-06",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2023-12-06",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0657.952.483",
"name_full": "ROOFSIDE",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Marie-Eve HEPTIA",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"exp\u00E9dition conforme de l\u2019acte modificatif",
"statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
General electrical installation work43211Wholesale of construction materials, general range46831Mixed farming01500Logging02200Buying and selling of own real estate68110Business and other management consultancy70200Business consulting70220
Names & trade names
| Legal nameFR | Roofside |
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