Roothoofd Projects
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 5 filings
Equity
-€2,489▼ 163%
2024 · -€948
Total assets
€14,902▼ 46.9%
2024 · €28,059
Net result
-€1,541
2024 · €1,491
Working capital
-€2,489▼ 163%
2024 · -€948
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
-€788
2025
20212025
Net result
-€1,541
2025
lowest quarter of the sector
20212025
Equity
-€2,489
▼ 163%
2025
lowest quarter of the sector
20212025
Total assets
€14,902
▼ 46.9%
2025
lowest quarter of the sector
20212025
Debt
€17,391
▼ 40.0%
2025
20212025
Working capital
-€2,489
▼ 163%
2025
lowest quarter of the sector
20212025
Solvency
-16.7%
▼ 13.3pp
2025
lowest quarter of the sector
20212025
Current ratio
0.86
▼ 0.11
2025
lowest quarter of the sector
20212025
Return on assets (ROA)
-10.3%
▼ 15.7pp
2025
lowest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€12,102-€15,115▲ 24.9%-€14,677€1,844-€788
Net result-€106within the sector's middle half-€10,438within the sector's middle half-€15,272below the sector's middle half€1,491within the sector's middle half-€1,541below the sector's middle half
Equity€2,394below the sector's middle half-€12,833below the sector's middle half▲ 436%-€2,439below the sector's middle half-€948below the sector's middle half▲ 61.1%-€2,489below the sector's middle half▼ 163%
Total assets€35,420below the sector's middle half-€39,365below the sector's middle half▲ 11.1%€11,674below the sector's middle half▼ 70.3%€28,059below the sector's middle half▲ 140%€14,902below the sector's middle half▼ 46.9%
Debt€33,026-€26,532▼ 19.7%€14,113▼ 46.8%€29,007▲ 106%€17,391▼ 40.0%
Working capital-€525below the sector's middle half-€8,691within the sector's middle half-€2,439below the sector's middle half-€948below the sector's middle half▲ 61.1%-€2,489below the sector's middle half▼ 163%
Solvency6.8%below the sector's middle half-32.6%within the sector's middle half▲ 25.8pp-20.9%below the sector's middle half▼ 53.5pp-3.4%below the sector's middle half▲ 17.5pp-16.7%below the sector's middle half▼ 13.3pp
Current ratio0.98below the sector's middle half-1.33within the sector's middle half▲ 0.350.83below the sector's middle half▼ 0.500.97below the sector's middle half▲ 0.140.86below the sector's middle half▼ 0.11
Return on assets (ROA)-0.3%below the sector's middle half-26.5%above the sector's middle half▲ 26.8pp-130.8%below the sector's middle half▼ 157.3pp5.3%within the sector's middle half▲ 136.1pp-10.3%below the sector's middle half▼ 15.7pp
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €788, after a profit of €1,844 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Debt ≤ 1 year
€17,391▼
2024 · €29,007
Income taxes
€433▲
2024 · €163
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €11,872 | - | - | - | - |
| Depreciation and write-downs of the year | €3,773 | €3,957 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,773 | €3,957 | - | - | - | - |
| Other operating charges640/8 | €1,550 | €2,103 | €1,302 | €169 | €651 | ▲ 285% |
| Operating charges capitalised as restructuring costs649 | - | - | - | €0 | - | - |
| Gross operating margin9900 | €17,425 | €21,176 | -€13,375 | €2,013 | -€137 | - |
| Operating profit (loss)9901 | €12,102 | €15,115 | -€14,677 | €1,844 | -€788 | - |
| Financial income75/76B | €48 | €1,183 | - | - | - | - |
| Recurring financial income75 | €48 | €1,183 | - | - | - | - |
| Financial charges65/66B | €9,379 | €312 | €454 | €189 | €320 | ▲ 69.5% |
| Recurring financial charges65 | €1,787 | €312 | €454 | €189 | €320 | ▲ 69.5% |
| Non-recurring financial charges66B | €7,592 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2,772 | €15,986 | -€15,131 | €1,655 | -€1,109 | - |
| Income taxes67/77 | €2,877 | €5,548 | €141 | €163 | €433 | ▲ 165% |
| Profit (loss) for the period9904 | -€106 | €10,438 | -€15,272 | €1,491 | -€1,541 | - |
| Profit (loss) for the period to be appropriated9905 | -€106 | €10,438 | -€15,272 | €1,491 | -€1,541 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,420 | €39,365 | €11,674 | €28,059 | €14,902 | ▼ 46.9% |
| Fixed assets21/28 | €8,099 | €4,142 | - | - | - | - |
| Tangible fixed assets22/27 | €8,099 | €4,142 | - | - | - | - |
| Furniture and vehicles24 | €8,099 | €4,142 | - | - | - | - |
| Current assets29/58 | €27,321 | €35,223 | €11,674 | €28,059 | €14,902 | ▼ 46.9% |
| Amounts receivable within one year40/41 | €24,997 | €25,986 | €2,194 | €27,948 | €10,455 | ▼ 62.6% |
| Trade receivables40 | €5,768 | €7,197 | - | €27,286 | - | - |
| Other amounts receivable41 | €19,229 | €18,789 | €2,194 | €662 | €10,455 | ▲ 16× |
| Cash at bank and in hand54/58 | €2,228 | €9,141 | €9,480 | €110 | €4,447 | ▲ 40× |
| Deferred charges and accrued income490/1 | €96 | €96 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,420 | €39,365 | €11,674 | €28,059 | €14,902 | ▼ 46.9% |
| Equity10/15 | €2,394 | €12,833 | -€2,439 | -€948 | -€2,489 | ▼ 163% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | €10,333 | €10,333 | €10,333 | €10,333 | = |
| Distributable reserves133 | - | €10,333 | €10,333 | €10,333 | €10,333 | = |
| Profit (loss) carried forward14 | -€106 | - | -€15,272 | -€13,780 | -€15,322 | ▼ 11.2% |
| Amounts payable17/49 | €33,026 | €26,532 | €14,113 | €29,007 | €17,391 | ▼ 40.0% |
| Amounts payable after more than one year17 | €5,179 | - | - | - | - | - |
| Financial debts170/4 | €5,179 | - | - | - | - | - |
| Amounts payable within one year42/48 | €27,847 | €26,532 | €14,113 | €29,007 | €17,391 | ▼ 40.0% |
| Current portion of amounts payable after more than one year42 | €5,095 | €5,089 | - | - | - | - |
| Trade debts44 | €12,806 | €6,718 | €4,149 | €150 | €4,747 | ▲ 32× |
| Suppliers440/4 | €12,806 | €6,718 | €4,149 | €150 | €4,747 | ▲ 32× |
| Advances received on contracts in progress46 | €769 | - | - | €28,226 | - | - |
| Taxes, remuneration and social security45 | €9,177 | €14,725 | €8,777 | €570 | €12,630 | ▲ 22× |
| Taxes450/3 | €9,177 | €14,725 | €8,777 | €570 | €12,630 | ▲ 22× |
| Other amounts payable47/48 | - | - | €1,187 | €60 | €14 | ▼ 76.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€106 | €10,438 | -€15,272 | €1,491 | -€1,541 | - |
| + Depreciation and write-downs630 | €3,773 | €3,957 | - | - | - | - |
| Operating cash flow (approximation) | €3,667 | €14,396 | -€15,272 | €1,491 | -€1,541 | - |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €6,913 | €339 | -€9,369 | €4,337 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as Roothoofd Projects has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
83.0%
was still going
8.4%
stopped otherwise
7.9%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Roothoofd Projects itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,008 companies, not a prediction for Roothoofd Projects. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00352723 | |
| 31-12-2024 | micro format | 11-08-2025 | 2025-00368261 | |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00454647 | |
| 31-12-2022 | micro format | 02-08-2023 | 2023-00306442 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20203580 |