ROOT
ActiveSummary
ROOT has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €102,743 and a net result of €1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 74% of 1,098 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €102,743
- Profit
- €1.0m
Why 96lowers riskLiquidity: current ratio 6.03, cash €80,699, halvedSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €124,579Equity €102,743 (82.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 70, micro): better than 86% on solvency, 90% on liquidity, 84% on profitability and 6% on growth.
The bankruptcy probability was computed on 30-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 4 accounts on average 87 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Highest result from 2023 to 2026net €1.0m ▲237%
- Annual accounts filedfinancial year 2025 · micro…
Financials · financial year 2026, micro format
2023 to 2026, 4 financial years
The operating result has risen three years in a row; 2026 is nearly 3.4 times 2025 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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.
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.006m | €0.006m | €0.003m | ▼ 52.6% |
| Other operating charges640/8 | €65 | €0.001m | €414 | €0.001m | ▲ 98.1% |
| Gross operating margin9900 | €0.2m | €0.4m | €0.4m | €1.3m | ▲ 231% |
| Operating profit (loss)9901 | €0.2m | €0.3m | €0.4m | €1.3m | ▲ 235% |
| Financial income75/76B | - | - | €18 | €0.03m | ▲ 1,913× |
| Recurring financial income75 | - | - | €18 | €0.03m | ▲ 1,913× |
| Financial charges65/66B | €48 | €69 | €74 | €77 | ▲ 5.0% |
| Recurring financial charges65 | €48 | €69 | €74 | €77 | ▲ 5.0% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.3m | €0.4m | €1.4m | ▲ 244% |
| Income taxes67/77 | €0.05m | €0.08m | €0.09m | €0.3m | ▲ 266% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | €1.0m | ▲ 237% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.3m | €0.3m | €1.0m | ▲ 237% |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €180,735 | €562,610 | €841,223 | €124,579 | ▼ 85.2% |
| Fixed assets21/28 | €14,780 | €8,799 | €2,819 | €391 | ▼ 86.1% |
| Tangible fixed assets22/27 | €14,780 | €8,799 | €2,819 | €391 | ▼ 86.1% |
| Furniture and vehicles24 | €14,780 | €8,799 | €2,819 | €391 | ▼ 86.1% |
| Current assets29/58 | €165,955 | €553,811 | €838,404 | €124,188 | ▼ 85.2% |
| Amounts receivable after more than one year29 | - | €36,870 | €45,874 | €14,670 | ▼ 68.0% |
| Trade receivables290 | - | €36,870 | €45,874 | €14,670 | ▼ 68.0% |
| Amounts receivable within one year40/41 | €33,948 | €33,948 | €36,386 | €28,750 | ▼ 21.0% |
| Trade receivables40 | €33,948 | €33,948 | €36,386 | - | - |
| Other amounts receivable41 | - | - | - | €28,750 | - |
| Cash at bank and in hand54/58 | €131,188 | €482,781 | €756,053 | €80,699 | ▼ 89.3% |
| Deferred charges and accrued income490/1 | €820 | €212 | €91 | €69 | ▼ 24.6% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €180,735 | €562,610 | €841,223 | €124,579 | ▼ 85.2% |
| Equity10/15 | €167,772 | €434,691 | €734,999 | €102,743 | ▼ 86.0% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | - | - | - | €92,740 | - |
| Distributable reserves133 | - | - | - | €92,740 | - |
| Profit (loss) carried forward14 | €164,772 | €431,691 | €731,999 | €7,003 | ▼ 99.0% |
| Amounts payable17/49 | €12,962 | €127,919 | €106,224 | €21,837 | ▼ 79.4% |
| Amounts payable within one year42/48 | €12,962 | €127,919 | €106,224 | €20,587 | ▼ 80.6% |
| Trade debts44 | - | €36,870 | €961 | €322 | ▼ 66.4% |
| Suppliers440/4 | - | €36,870 | €961 | €322 | ▼ 66.4% |
| Taxes, remuneration and social security45 | €12,962 | €91,049 | €105,263 | €20,264 | ▼ 80.7% |
| Taxes450/3 | €9,778 | €91,049 | €105,263 | €15,718 | ▼ 85.1% |
| Remuneration and social security454/9 | €3,185 | - | - | €4,546 | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,250 | - |
| Line | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | €1.0m | ▲ 237% |
| + Depreciation and write-downs630 | €0.003m | €0.006m | €0.006m | €0.003m | ▼ 52.6% |
| Operating cash flow (approximation) | €0.2m | €0.3m | €0.3m | €1.0m | ▲ 232% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€405 | - |
| Change in cash | - | €0.4m | €0.3m | -€0.7m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 24-06-2026 | 2026-00191019 |
| 31-03-2025 | micro format | 06-06-2025 | 2025-00122585 |
| 31-03-2024 | micro format | 23-09-2024 | 2024-00469145 |
| 31-03-2023 | micro format | 28-09-2023 | 2023-00458692 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| VANPARYS Bram Willem |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
10-11
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 14-10-2022
- Registered-office move, Zavelstraat 14a 2870 Puurs-Sint-Amands
07-06
Gazette deed
IncorporationAppointment: VANPARYS Bram Willem (gewone bestuurder) · Founder · Power of attorney9 facts ▸
- Incorporation, 31-05-2022
- Founder, VANPARYS Bram Willem
- Power of attorney, TRUYENS Astrid Irene Frederik
- Founding capital
- Founding capital, €3,000
- Bank account, 3000, “vennootschap in oprichting” (deed in Dutch)
- Registered office clause, “2620 Hemiksem,Scheldeoever 22/B10” (deed in Dutch)
- Director appointment, VANPARYS Bram Willem (gewone bestuurder)
- Other provision, “verklaring artikel 2:8 § 4 Wetboek van vennootschappen en verenigingen, enige aandeelhouder in akte” (deed in Dutch)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 12008B0397/00L000 | Flanders | 869 m² | 1 · 128 m² | 2.5 m |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ROOT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “11. Vertegenwoordiging Iedere bestuurder vertegenwoordigt de vennootschap in en buiten rechte. Wanneer de vennootschap optreedt als…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer, alle handelingen nodig of dienstig tot verwezenlijking van voorwerp,tenzij waarvoor volgens wet algemene vergadering bevoegd is” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “In de statuten opgelegde regelingen gelden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “12. Gewone algemene vergadering Ieder jaar moet er een algemene vergadering worden gehouden op de zetel of op een andere in de…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Wijze van vereffening overeenkomstig wettelijke bepalingen, algemene vergadering” (deed in Dutch)