Equity
Rootputte has made a profit without a break since 2020.
Rootputte has made a profit without a break since 2020.
6 years of growth in a row. Turnover 2025: €275,389.
€1.5m of the debts are secured on the company's own assets. In 2021 that was €2.2m.
Rootputte pays its suppliers 270 days earlier than in 2024. Customers pay 31 days earlier.
The last five annual accounts were filed 12 to 23 days before the end of the period.
Board changed. Latest change 21-10-2026 · 3 in office.
The dashed line is the sector median: 0.1% across 6,996 companies (NACE 68, small).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 68, small). It does better than 34% of them on solvency, 48% on liquidity, 65% on profitability and 61% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 2,372 companies had the same profile as Rootputte has now. Each dot stands for 6 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Rootputte itself is lower: 0.2% within 12 months. It rests on far more data about Rootputte than the profile alone.
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 2,372 companies, not a prediction for Rootputte. 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.
Liquidity is insufficient, with a current ratio of 0.17 (0.18 in 2024), below 1. Short-term debt is 16.5% and cash 1.8% of total assets. 85.6% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| Rootputte Merelbeke-Melle | €275,389 | 63.7% | 14.4% | - |
| E.D.P. IMMO Sprimont | €333,189 | 55.5% | 16.9% | - |
| Autonoom Gemeentebedrijf Kaprijke Kaprijke | €317,530 | 12.3% | 2.9% | - |
| JDC GROUP Waterloo | €237,448 | 57.3% | -1.9% | - |
| Dego Rental Hoogstraten | €225,319 | 70.5% | 24.7% | - |
| IMMO HEIDELBERG Zedelgem | €228,654 | 57.7% | 5.3% | - |
| Servaas Invest Wemmel | €203,566 | 60.8% | 22.4% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as Rootputte: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.1m and €3.3m, founded between 2015 and 2020.
Rootputte has existed since 2018. The present size dates from 2020. Turnover rose that year from €118,800 to €238,777.
Turnover has grown every year since.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 28% of 5,803 companies in 2025.
Higher than 14% of 5,554 companies in 2025.
Higher than 65% of 5,777 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||
Total assets20/58 |
2.7m | 2.8m | 2.9m | 3.1m | 3.1m | 3.3m | 3.4m | |
Fixed assets21/28 |
2.6m | 2.7m | 2.8m | 2.9m | 3.1m | 3.2m | 3.3m | |
Tangible fixed assets22/27 |
2.6m | 2.7m | 2.8m | 2.9m | 3.1m | 3.2m | 3.3m | |
Land and buildings22 |
2.6m | 2.7m | 2.8m | 2.9m | 3.1m | 3.2m | 3.3m | |
Companies linked by participating interests282/3 |
- | - | - | - | - | 0 | - | |
Current assets29/58 |
75,740 | 81,159 | 102,759 | 108,371 | 83,790 | 99,763 | 102,688 | |
Stocks and contracts in progress3 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Amounts receivable within one year40/41 |
26,267 | 50,989 | 29,198 | 59,368 | 54,663 | 38,094 | 39,103 | |
Trade receivables40 |
0 | 22,722 | 0 | 21,840 | 17,134 | 1,897 | 3,616 | |
Other amounts receivable41 |
26,267 | 28,267 | 29,198 | 37,529 | 37,529 | 36,197 | 35,487 | |
Cash at bank and in hand54/58 |
49,474 | 30,171 | 73,561 | 49,002 | 29,126 | 61,669 | 63,585 | |
| Balance sheet: equity and liabilities | ||||||||
Total equity and liabilities10/49 |
2.7m | 2.8m | 2.9m | 3.1m | 3.1m | 3.3m | 3.4m | |
Equity10/15 |
388,205 | 318,577 | 264,784 | 209,915 | 155,107 | 96,489 | 25,080 | |
Contributions10/11 |
130,600 | 130,600 | 130,600 | 130,600 | 130,600 | 130,600 | 130,600 | |
Issued capital100 |
- | - | - | - | - | - | 130,600 | |
Profit (loss) carried forward14 |
257,605 | 187,977 | 134,184 | 79,315 | 24,507 | -34,111 | -105,520 | |
Amounts payable17/49 |
2.3m | 2.5m | 2.7m | 2.8m | 3.0m | 3.2m | 3.3m | |
Amounts payable after more than one year17 |
1.8m | 2.0m | 2.2m | 2.4m | 2.6m | 2.7m | 2.9m | |
Financial debts170/4 |
1.8m | 2.0m | 2.2m | 2.4m | 2.6m | 2.7m | 2.9m | |
Credit institutions173 |
1.3m | 1.5m | 1.7m | 1.9m | 2.0m | 2.2m | 2.4m | |
Other loans174 |
522,400 | 522,400 | 522,400 | 522,400 | 522,400 | 522,400 | 522,400 | |
Amounts payable within one year42/48 |
444,669 | 443,126 | 441,513 | 445,775 | 418,106 | 425,360 | 439,854 | |
Current portion of amounts payable after more than one year42 |
185,831 | 182,591 | 179,408 | 176,280 | 173,207 | 170,188 | 181,289 | |
Trade debts44 |
0 | 12,662 | 12,662 | 12,662 | 12,662 | 13,817 | 15,031 | |
Suppliers440/4 |
0 | 12,662 | 12,662 | 12,662 | 12,662 | 13,817 | 15,031 | |
Taxes, remuneration and social security45 |
3,209 | 0 | 19,974 | 19,952 | - | - | - | |
Taxes450/3 |
3,209 | 0 | 19,974 | 19,952 | - | - | - | |
Other amounts payable47/48 |
255,629 | 247,873 | 229,469 | 236,882 | 232,237 | 241,355 | 243,534 | |
Accrued charges and deferred income492/3 |
36,307 | 34,949 | 37,247 | 21,941 | 11,441 | 13,455 | 25,059 | |
| Income statement | ||||||||
Operating income70/76A |
300,736 | 283,202 | 277,452 | 263,750 | 251,076 | 249,586 | 119,446 | |
Turnover70 |
275,389 | 269,990 | 264,696 | 251,984 | 240,924 | 238,777 | 118,800 | |
Other operating income74 |
12,685 | 13,212 | 12,756 | 11,765 | 10,153 | - | - | |
Non-recurring operating income76A |
12,662 | - | - | - | - | - | - | |
Operating charges60/66A |
125,253 | 126,324 | 125,800 | 124,318 | 122,692 | 123,625 | 140,158 | |
Services and other goods61 |
15,999 | 17,112 | 16,596 | 15,245 | 13,633 | 14,800 | 14,460 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
107,884 | 107,884 | 107,884 | 107,884 | 107,884 | 107,884 | 124,114 | |
Other operating charges640/8 |
1,371 | 1,328 | 1,320 | 1,189 | 1,176 | 941 | 1,584 | |
Operating profit (loss)9901 |
175,483 | 156,878 | 151,652 | 139,432 | 128,384 | 125,961 | -20,712 | |
Financial income75/76B |
- | - | - | - | 0 | 710 | 889 | |
Recurring financial income75 |
- | - | - | - | 0 | 710 | 889 | |
Income from current assets751 |
- | - | - | - | 0 | 710 | 889 | |
Other financial income752/9 |
- | - | - | - | - | 0 | 0 | |
Financial charges65/66B |
82,647 | 85,153 | 76,810 | 64,672 | 61,597 | 55,261 | 85,697 | |
Recurring financial charges65 |
82,647 | 85,153 | 76,810 | 64,672 | 61,597 | 55,261 | 85,697 | |
Debt charges650 |
82,509 | 85,012 | 76,666 | 64,533 | 61,532 | 55,241 | 85,661 | |
Other financial charges652/9 |
138 | 141 | 144 | 140 | 66 | 20 | 36 | |
Profit (loss) for the period before taxes9903 |
92,836 | 71,725 | 74,842 | 74,760 | 66,787 | 71,410 | -105,520 | |
Income taxes67/77 |
23,209 | 17,931 | 19,974 | 19,952 | 8,169 | - | - | |
Taxes670/3 |
23,209 | 17,931 | 19,974 | 19,952 | 8,169 | - | - | |
Profit (loss) for the period9904 |
69,627 | 53,793 | 54,869 | 54,808 | 58,618 | 71,410 | -105,520 | |
Profit (loss) for the period to be appropriated9905 |
69,627 | 53,793 | 54,869 | 54,808 | 58,618 | 71,410 | -105,520 | |
| Appropriation of the result | ||||||||
Profit (loss) to be appropriated9906 |
257,605 | 187,977 | 134,184 | 79,315 | 24,507 | -34,111 | -105,520 | |
Profit (loss) brought forward from the previous period14P |
187,977 | 134,184 | 79,315 | 24,507 | -34,111 | - | - | |
| Social balance sheet | ||||||||
Hours worked1013 |
- | - | - | - | - | 0 | 0 | |
| Document | ||||||||
The notes to these accounts have 37 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 09-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-07-2026 | 2026-00287090 | |
| 31-12-2024 | full format | 16-07-2025 | 2025-00280415 | |
| 31-12-2023 | full format | 08-07-2024 | 2024-00228203 | |
| 31-12-2022 | full format | 19-07-2023 | 2023-00280773 | |
| 31-12-2021 | full format | 19-07-2022 | 2022-20213185 | |
| 31-12-2020 | full format | 28-07-2021 | 2021-41400077 | |
| 31-12-2019 | full format | 10-07-2020 | 2020-29400400 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| EBITDA | 283,367 | 264,761 | 259,536 | 247,316 | 236,268 | 233,845 | 103,401 | |
| Cash flow | 177,511 | 161,677 | 162,753 | 162,692 | 166,502 | 179,293 | 18,594 | |
| Investment in fixed assets (approximation) | 0 | 0 | 0 | 0 | 0 | 0 | 3.4m | |
| Change in cash | 19,303 | -43,390 | 24,559 | 19,876 | -32,543 | -1,916 | - | |
| Working capital | -368,928 | -361,966 | -338,754 | -337,405 | -334,316 | -325,597 | -337,166 | |
| EBIT margin | 63.7% | 58.1% | 57.3% | 55.3% | 53.3% | 52.8% | -17.4% | |
| Solvency | 14.4% | 11.3% | 9.0% | 6.9% | 4.9% | 3.0% | 0.7% | |
| Current ratio | 0.17 | 0.18 | 0.23 | 0.24 | 0.20 | 0.23 | 0.23 | |
| Debt to equity | 5.96 | 7.83 | 10.11 | 13.56 | 19.24 | 32.82 | - | |
| ROE | 17.9% | 16.9% | 20.7% | 26.1% | 37.8% | 74.0% | -420.7% | |
| ROA | 2.6% | 1.9% | 1.9% | 1.8% | 1.9% | 2.2% | -3.1% | |
| Interest coverage | 3.43 | 3.11 | 3.39 | 3.83 | 3.84 | 4.23 | 1.21 | |
| Customer credit | 0 days | 31 days | 0 days | 32 days | 26 days | 3 days | 11 days | |
| Supplier credit | 0 days | 270 days | 278 days | 303 days | 339 days | 341 days | 379 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Total €275,389
Source: 2025 accounts, page 16, filing 2026-00287090
Source: 2020 accounts, page 12, filing 2021-41400077
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €1.5m | €1.7m | €1.9m | €2.0m | €2.2m |
| Mortgages, amount registered | €2.6m | €2.6m | €2.6m | €2.6m | €2.6m |
| Carrying value of the mortgaged assets | €2.6m | €2.7m | €2.8m | €2.9m | €3.1m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
The operating result for 2025 is 12% higher than in 2024 and the highest since 2019. It is the sixth rise in a row.
Debt's share of the balance-sheet total falls from 88.7% to 85.6%. Equity is higher and debt is lower.
Rootputte has no parent and no holdings in its annual accounts.
| Randstad Belgium
establishment since 09-01-2000 · founded in 1965 · group RANDSTAD GROUP BELGIUM |
20,826 FTE (2025) 0402.725.291 |
| RANDSTAD GROUP BELGIUM
establishment since 28-04-2006 · founded in 2005 |
1,909 FTE (2025) 0874.753.819 |
| IPCOM
registered office since 13-07-2010 · founded in 2010 · group Green Leaf Topco |
turnover €9.4m (2025) 0827.868.868 |
| Green Leaf Bidco
registered office since 12-10-2022 · founded in 2022 · group Green Leaf Topco |
total assets €422.5m (2025) 0789.556.244 |
| Green Leaf Topco
registered office since 10-08-2022 · founded in 2022 |
total assets €346.2m (2025) 0789.532.983 |
| Green Leaf Midco 1
registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco |
total assets €344.8m (2025) 0789.542.386 |
| Green Leaf Midco 2
registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco |
total assets €344.7m (2025) 0789.544.960 |
| Green Leaf Midco 3
registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco |
total assets €344.7m (2025) 0789.547.336 |
| Green Leaf Midco 4
registered office since 10-08-2022 · founded in 2022 · group Green Leaf Topco |
total assets €344.6m (2025) 0789.552.878 |
| Isolstar Holding
registered office since 28-11-2017 · founded in 2017 · group Green Leaf Topco |
total assets €240.1m (2025) 0685.428.328 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Brusselsesteenweg 94 registered office 9090 Merelbeke-Melle 64200 Holdings | 07-06-2018 | 2.279.121.205 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44402A0544/00B000 | 3,190 m² | 1 · 1,166 m² | 10.4 m |
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