Active BE 0862.591.702Private limited company (pre-2019)

Rootmaestro

Wapenaarteinde 4 ·9112 Sint-Niklaas, Belgium· 22 yrs active

Sector: Renting and leasing of other machinery, equipment and tangible goods (77399)

Conclusion Checked

Rootmaestro has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €30k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 426 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 1.3% (low).

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€30k
Net result	€-22k
Better than sector	77%
Active	22 yrs

Financial profile 5 of 5 axes measured · computed by Checked

68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 62

Profitability 0

Solvency 98

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.3% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 2004, 22 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 Flags0 events

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 FY 2023 · computed

62 / 100 Healthy

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Financial overview19 NBB filings

Annual accounts filed on 31-05-2024 with the NBB · fiscal year 2023 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 77, Rental and leasing activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	52.5%	21.8%	better than 77% of 426 sector peers
Net result	€-22k	€2k	better than 15% of 423 sector peers
Equity	€30k	€22k	better than 55% of 426 sector peers
Gross operating margin	€-21k	€21k	better than 8% of 423 sector peers
Total assets	€56k	€116k	better than 31% of 426 sector peers

EBITDA

€40k

+170.4% 18-23

Net profit

€-22k

- 18-23

Cash flow

€40k

+246.3% 18-23

Total assets

€56k

-43.3% 18-23

Equity

€30k

-54.9% 18-23

Working capital

€34k

-56.1% 18-23

Income taxes

€3k

+343.0% 18-23

Debt

€22k

-24.6% 18-23

Debt ≤ 1y

€22k

-0.2% 18-23

Current ratio

2.55

-43.6% 18-23

Quick ratio

2.55

-43.6% 18-23

Solvency

52.5%

-20.4% 18-23

Debt / equity

0.74

+67.1% 18-23

ROE

-73.8%

- 18-23

ROA

-38.7%

- 18-23

Interest coverage

223.30

+171.5% 18-23

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro schema
Revenue	-
EBITDA	-
Net profit	€-22k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€56k
Equity	€30k
Debt	€22k
of which ≤ 1y	€22k
of which > 1y	-
Working capital	€34k
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	2.55
Quick ratio	2.55
Working capital ratio	59.8%
Solvency	52.5%
Debt / equity	0.74
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-38.7%
ROE	-73.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Balance-sheet composition 2023

Assets

Fixed assets €862 · 1.5% Current assets €56k · 98.5%

Equity & liabilities

Equity €30k · 52.5% Provisions €5k · 8.9% Debt €22k · 38.7%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€56k
Fixed assets	21/28	€862
Tangible fixed assets	22/27	€62
Financial fixed assets	28	€800
Current assets	29/58	€56k
Amounts receivable within one year	40/41	€7k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€56k
Equity	10/15	€30k
Contributions / capital	10/11	€6k
Reserves	13	€7k
Accumulated profits (losses)	14	€16k
Provisions & deferred taxes	16	€5k
Amounts payable	17/49	€22k
Amounts payable within one year	42/48	€22k
Trade debts payable within one year	44	€6k
Income statement
Gross operating margin	9900	€-21k
Operating result	9901	€-22k
Financial charges	65	€231
Result before taxes	9903	€-22k
Net result for the period	9904	€-22k
Result to be appropriated	9905	€-22k

Legal Structure

NACE primary	Renting and leasing of other machinery, equipment and tangible goods(77399)
Legal form	Private limited company (pre-2019)(015)
Incorporation	12-01-2004
Status	Active
Postal code	9112

Establishment units 1 location

ROOTMAESTRO

Wapenaarteinde 4, 9112 Sint-NiklaasNACE 29246

since 20042.137.860.501

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
46019C0159/00B002	Flanders	1,552 m²	1 · 238 m²	9.2 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

All 13Financial 3Filings 10

2024

31-05

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-05

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

2022

30-09

Financial Highest result since 2018net €40k ▲248%

Operating result €40k, net result €40k, both a record.

31-05

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

30-04

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

30-09

Financial Back to profitnet €844

Net result €844 after 2 loss-making years.

30-09

Financial Liquidity times 8current ratio 49.15

Current ratio from 6.00 to 49.15; short-term debt falls from €27k to €2k.

29-05

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 29 days late

2019

29-04

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

31-05

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 31 days late

2017

17-03

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

29-04

NBB filing Annual accounts filed

fiscal year 2015 · abbreviated schema

2015

22-04

NBB filing Annual accounts filed

fiscal year 2014 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

71340Renting and leasing of other machinery, equipment and tangible goods7739974700Other building cleaning and industrial cleaning81220

Names & trade names

Legal nameNL

Rootmaestro

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