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ROOT KOUTER

Judicial reorganisation
Public limited companyfounded 200421 yrs activeAvenue Georges Lemaitre 26, 6041 Charleroi, BelgiumKBO/BCE: BE 0870.878.173
Summary

The file of ROOT KOUTER contains 5 judicial reorganisation notices, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €2.2m and a net result of -€19,485. Equity is growing by ~5.6% per year across the filed fiscal years.

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Hainaut
Opened
16 April 2021
Track
Reorganisation by collective agreement
Docket number
20210094
Moratorium until
23 December 2022 (passed; an extension would be in a later judgment)
Delegated judge
Guy Pierson
Official Gazette
23-04-2021 (pdf) ↗search the document for 2021/115092

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Checked score

Score 2025
44 / 100
Weak
An ongoing judicial reorganisation from the Belgian State Gazette caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36=
Solvency95▼-2
Growth52=
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity ample (current ratio 2.12 against 1.96 in 2024; short-term debt: 20.6% and cash: 0% of total assets), and 29.9% 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

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX WER). The company is restructuring.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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 · 10 filings
Deviation from the deadline
2025
21 d late
2024
134 d late
2023
30 d early
2022
24 d late
2021
4 d early
2020
61 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 34 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

ROOT KOUTER was incorporated on 29 December 2004.1 Total assets rose from EUR 2.5 million in 2018 to EUR 3.2 million in 2025.2 A judicial reorganisation was opened on 18 November 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025
  3. 3Belgian State Gazette, 25-11-2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€19,485▼ 1.7%
2024 · -€19,161
Working capital
€739,860▲ 10.8%
2024 · €667,479
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€17,592-€432,693▼ 2,360%€306,851-€13,755-€13,501▲ 1.9%
Net result-€44,376-€415,320▼ 836%€302,270-€19,161-€19,485▼ 1.7%
Equity€2.4m▼ 1.8%€2.0m▼ 17.4%€2.3m▲ 15.3%€2.3m▼ 0.8%€2.2m▼ 0.9%
Total assets€3.3m▲ 6.1%€3.0m▼ 9.9%€3.1m▲ 5.7%€3.2m▲ 1.1%€3.2m▲ 1.2%
Debt€889,498▲ 35.4%€980,147▲ 10.2%€845,470▼ 13.7%€898,477▲ 6.3%€955,721▲ 6.4%
Working capital€560,819▼ 8.8%€225,067▼ 59.9%€593,724▲ 164%€667,479▲ 12.4%€739,860▲ 10.8%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
-€600,000-€400,000-€200,000€0€200,000€400,000Operating result 2021: -€17,592-€17,592Net result 2021: -€44,376-€44,376Operating result 2022: -€432,693-€432,693Net result 2022: -€415,320-€415,320Operating result 2023: €306,851€306,851Net result 2023: €302,270€302,270Operating result 2024: -€13,755-€13,755Net result 2024: -€19,161-€19,161Operating result 2025: -€13,501-€13,501Net result 2025: -€19,485-€19,48520212022202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: €306,851€307,000Net result 2023: €302,270€302,000Operating result 2024: -€13,755-€13,800Net result 2024: -€19,161-€19,200Operating result 2025: -€13,501-€13,500Net result 2025: -€19,485-€19,500202320242025
The operating result stays negative: a loss of €13,501 in 2025 against €13,755 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets €1.8m =
Current assets €1.4m ▲ 2.8%
Equity and liabilities €3.2m
Equity €2.2m ▼ 0.9%
Debt €955,721 ▲ 6.4%
Debt's share of the balance-sheet total rises from 28.4% to 29.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.12▲
2024 · 1.96
Quick ratio
0.75▲
2024 · 0.71
Debt to equity
0.43▲
2024 · 0.40
ROE
-0.9%▼
2024 · -0.8%
ROA
-0.6%▼
2024 · -0.6%
Debt ≤ 1 year
€659,302▼
2024 · €693,924
Debt > 1 year
€296,419▲
2024 · €204,553
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.2m€3.2m▲
Fixed assets21/28€1.8m€1.8m=
Financial fixed assets28€1.8m€1.8m=
Current assets29/58€1.4m€1.4m▲
Amounts receivable after more than one year29€236,707€495,398▲
Other amounts receivable291€236,707€495,398▲
Stocks and contracts in progress3€865,859€903,634▲
Contracts in progress37€865,859€903,634▲
Amounts receivable within one year40/41€258,343€0▼
Trade receivables40€0-
Other amounts receivable41€258,343€0▼
Cash at bank and in hand54/58€495€130▼
Equity and liabilities
Total equity and liabilities10/49€3.2m€3.2m▲
Equity10/15€2.3m€2.2m▼
Contributions10/11€400,000€400,000=
Capital10€400,000€400,000=
Issued capital100€400,000€400,000=
Reserves13€344,063€344,063=
Non-distributable reserves130/1€40,000€40,000=
Legal reserve130€40,000€40,000=
Tax-exempt reserves132€304,063€304,063=
Profit (loss) carried forward14€1.5m€1.5m▼
Amounts payable17/49€898,477€955,721▲
Amounts payable after more than one year17€204,553€296,419▲
Financial debts170/4€204,397€296,334▲
Trade debts175€156€85▼
Amounts payable within one year42/48€693,924€659,302▼
Trade debts44€2,166€51,677▲
Suppliers440/4€2,166€51,677▲
Advances received on contracts in progress46€376,200€376,200=
Taxes, remuneration and social security45€315,558€231,425▼
Taxes450/3€315,558€231,425▼
Income statement Code20242025
Other operating charges640/8€968€998▲
Non-recurring operating charges66A€4,216€3,795▼
Gross operating margin9900-€8,572-€8,707▼
Operating profit (loss)9901-€13,755-€13,501▲
Financial charges65/66B€5,406€5,985▲
Recurring financial charges65€5,406€5,985▲
Profit (loss) for the period before taxes9903-€19,161-€19,485▼
Profit (loss) for the period9904-€19,161-€19,485▼
Profit (loss) for the period to be appropriated9905-€19,161-€19,485▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.5m€1.5m▼
Profit (loss) brought forward from the previous period14P€1.5m€1.5m▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€250€337,084---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€413,139----
Other operating charges640/8--€960€968€998▲ 3.2%
Non-recurring operating charges66A€13,322€80,573€12,808€4,216€3,795▼ 10.0%
Gross operating margin9900-€4,270€61,019€320,619-€8,572-€8,707▼ 1.6%
Operating profit (loss)9901-€17,592-€432,693€306,851-€13,755-€13,501▲ 1.9%
Financial income75/76B€18,204€17,760----
Recurring financial income75€18,204€17,760----
Financial charges65/66B€596€387€4,576€5,406€5,985▲ 10.7%
Recurring financial charges65€596€387€4,576€5,406€5,985▲ 10.7%
Profit (loss) for the period before taxes9903€16-€415,320€302,274-€19,161-€19,485▼ 1.7%
Income taxes67/77€44,392-€4---
Profit (loss) for the period9904-€44,376-€415,320€302,270-€19,161-€19,485▼ 1.7%
Transfer to tax-exempt reserves689-€250€303,813---
Profit (loss) for the period to be appropriated9905-€44,376-€415,570-€1,543-€19,161-€19,485▼ 1.7%
Line20212022202320242025Change
Assets
Total assets20/58€3.3m€3.0m€3.1m€3.2m€3.2m▲ 1.2%
Fixed assets21/28€1.8m€1.8m€1.8m€1.8m€1.8m=
Financial fixed assets28€1.8m€1.8m€1.8m€1.8m€1.8m=
Current assets29/58€1.5m€1.2m€1.3m€1.4m€1.4m▲ 2.8%
Amounts receivable after more than one year29-€236,707€236,707€236,707€495,398▲ 109%
Trade receivables290--€0---
Other amounts receivable291-€236,707€236,707€236,707€495,398▲ 109%
Stocks and contracts in progress3€857,388€857,504€862,207€865,859€903,634▲ 4.4%
Contracts in progress37€857,388€857,504€862,207€865,859€903,634▲ 4.4%
Amounts receivable within one year40/41€591,767€65,313€226,611€258,343€0▼ 100%
Trade receivables40--€0€0--
Other amounts receivable41€591,767€65,313€226,611€258,343€0▼ 100%
Cash at bank and in hand54/58€1,162€440€2,033€495€130▼ 73.8%
Equity and liabilities
Total equity and liabilities10/49€3.3m€3.0m€3.1m€3.2m€3.2m▲ 1.2%
Equity10/15€2.4m€2.0m€2.3m€2.3m€2.2m▼ 0.9%
Contributions10/11€400,000€400,000€400,000€400,000€400,000=
Capital10€400,000€400,000€400,000€400,000€400,000=
Issued capital100€400,000€400,000€400,000€400,000€400,000=
Reserves13€40,000€40,250€344,063€344,063€344,063=
Non-distributable reserves130/1€40,000€40,000€40,000€40,000€40,000=
Legal reserve130€40,000€40,000€40,000€40,000€40,000=
Tax-exempt reserves132-€250€304,063€304,063€304,063=
Profit (loss) carried forward14€2.0m€1.5m€1.5m€1.5m€1.5m▼ 1.3%
Amounts payable17/49€889,498€980,147€845,470€898,477€955,721▲ 6.4%
Amounts payable after more than one year17-€45,250€111,637€204,553€296,419▲ 44.9%
Financial debts170/4-€45,250€111,637€204,397€296,334▲ 45.0%
Trade debts175---€156€85▼ 45.5%
Amounts payable within one year42/48€889,498€934,897€733,833€693,924€659,302▼ 5.0%
Financial debts43€615€731----
Credit institutions430/8€615€731----
Trade debts44€14,017€40,608€11,976€2,166€51,677▲ 2,285%
Suppliers440/4€14,017€40,608€11,976€2,166€51,677▲ 2,285%
Advances received on contracts in progress46€173,700€173,700€343,200€376,200€376,200=
Taxes, remuneration and social security45€701,166€719,858€378,658€315,558€231,425▼ 26.7%
Taxes450/3€701,166€719,858€378,658€315,558€231,425▼ 26.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€44,376-€415,320€302,270-€19,161-€19,485▼ 1.7%
Operating cash flow (approximation)-€44,376-€415,320€302,270-€19,161-€19,485▼ 1.7%
Investment in fixed assets (approximation)-€34,319€0€0€0-
Change in cash--€722€1,592-€1,538-€365▲ 76.2%

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 31-07-2027
2026
21-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 21 days late
27-07
State Gazette act Permanent representative: Gilles Meyfroidt
2 facts ▸
  • General meeting, 29-05-2026
  • Permanent representative, Gilles Meyfroidt (permanent representative)
2025
12-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 134 days late
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €302,270
Net result €302,270 after 2 loss-making years.
31-12
Financial Equity above €2mEq €2.3m ▲15.3%
Equity rises from €2.0m to €2.3m.
24-08
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
31-12
Financial Weakest financial yearnet -€415,320
Net result drops to -€415,320, the lowest in the series; recovery starts the following year.
23-09
Judicial reorganisation Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 15-09-2022
27-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
19-05
Judicial reorganisation Extension
Tribunal de l’entreprise du Hainaut · collective agreement · event 12-05-2022
2021
25-11
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 18-11-2021
Show earlier events
27-10
Judicial reorganisation Extension
Tribunal de l’entreprise du Hainaut · amicable agreement · event 15-10-2021
30-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 61 days late
23-04
Judicial reorganisation Opening
Tribunal de l’entreprise du Hainaut · amicable agreement · event 16-04-2021
2020
31-12
Financial Highest result since 2018net €2.1m ▲31,202%
Operating result €2.7m, net result €2.1m, both a record.
31-12
Financial Liquidity triplescurrent ratio 1.94
Current ratio from 0.65 to 1.94; short-term debt falls from €3.7m to €656,774.
31-12
Financial Equity above €2mEq €2.4m ▲645%
2 profitable years in a row build equity to €2.4m.
31-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial Back to profitnet €6,739
Net result €6,739 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 14 acts read
About the unread acts

Of the 14 Belgian State Gazette acts we know for this company, 1 has been read. The other 13 have not 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.

Directors · office · real estate

Directors
14 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
9,651 m²
Building footprint
3,255 m²
Volume, LiDAR
113,311 m³
2 parcels, Brussels, Wallonia · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
31 companies at this address See who is registered here
1 establishment unit
ROOT Kouter
Sint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-NodeNACE 7012001
since 20062.155.574.085
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
52028B0322/00N000 Wallonia 6,489 m² 1 · 999 m² 11.0 m · 2 fl.
21014A0112/00K002 Brussels 3,162 m² 1 · 2,256 m² 79.3 m · 19 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.

Structure & network

Part of the group Immo - Sambre 28 companies Group, risk and exposure

Owners and holdings

2 owners

Chain of control

  1. Immo - Sambre 99.99%
  2. MPT KOUTER 99.98%
  3. ROOT KOUTER

Highest known parent: Immo - Sambre. The sources do not say who stands above it.

Owners 2

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of ROOT KOUTER and those 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 current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded29-12-2004
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0870878173
Registered 05-03-2026

Register as of 28 September 2026 · Peppol Directory

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