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ROOTS

Active
Private limited companyfounded 20188 yrs activeHasseltsesteenweg 52, 3720 Hasselt, BelgiumKBO/BCE: BE 0689.864.097
Summary

The computed 12-month bankruptcy probability of ROOTS is 2.4% (moderate). The 2025 annual accounts show negative equity (-€48,031) and a net result of €446. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 13484 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability70▲+70
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.43 in 2024; short-term debt: 167% and cash: 2.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-67.5%
Return on assets
0.6%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 13484 sector peers (2025).
NBB · sector comparison
Position among 13484 sector peers
Solvency
better than 13%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filings
Deviation from the deadline
2025
30 d late
2024
61 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed 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
26-09-2026 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

ROOTS was incorporated on 7 February 2018.1 Total assets went from EUR 71,905 in 2018 to EUR 71,115 in 2025 and headcount from 1.4 full-time equivalents in 2018 to 0.3 in 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2021 and 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
-€48,031▲ 0.9%
2024 · -€48,478
Total assets
€71,115▼ 1.0%
2024 · €71,861
Net result
€446
2024 · -€27,453
Working capital
-€73,814▼ 16.8%
2024 · -€63,173
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€24,675-€15,922€9,500-€26,360€584
Net result€24,112-€16,711€9,270-€27,453€446
Equity-€13,584▲ 64.0%-€30,295▼ 123%-€21,025▲ 30.6%-€48,478▼ 131%-€48,031▲ 0.9%
Total assets€116,765▲ 83.1%€127,601▲ 9.3%€82,471▼ 35.4%€71,861▼ 12.9%€71,115▼ 1.0%
Debt€130,349▲ 28.5%€157,895▲ 21.1%€103,496▼ 34.5%€120,339▲ 16.3%€119,147▼ 1.0%
Working capital-€38,216▲ 28.0%-€41,725▼ 9.2%-€36,331▲ 12.9%-€63,173▼ 73.9%-€73,814▼ 16.8%
Staff (FTE)0.3▼ 76.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2021: €24,675€24,675Net result 2021: €24,112€24,112Operating result 2022: -€15,922-€15,922Net result 2022: -€16,711-€16,711Operating result 2023: €9,500€9,500Net result 2023: €9,270€9,270Operating result 2024: -€26,360-€26,360Net result 2024: -€27,453-€27,453Operating result 2025: €584€584Net result 2025: €446€44620212022202320242025-€30,000-€20,000-€10,000€0€10,000Operating result 2023: €9,500€9,500Net result 2023: €9,270€9,270Operating result 2024: -€26,360-€26,400Net result 2024: -€27,453-€27,500Operating result 2025: €584€584Net result 2025: €446€446202320242025
The operating result returns to profit in 2025: €584 after a loss of €26,360 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71,115
Fixed assets €26,161 ▲ 8.0%
Current assets €44,954 ▼ 5.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€9,925▲
2024 · -€18,601
Cash flow
€9,788▲
2024 · -€19,694
Solvency
-67.5%▼
2024 · -67.5%
Current ratio
0.38▼
2024 · 0.43
Quick ratio
0.32▼
2024 · 0.36
Debt to equity
-2.48▲
2024 · -2.48
ROA
0.6%▲
2024 · -38.2%
Interest coverage
59.32▲
2024 · -17.03
Debt ≤ 1 year
€118,767▲
2024 · €110,807
Debt > 1 year
€379▼
2024 · €9,532
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 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€71,861€71,115▼
Fixed assets21/28€24,227€26,161▲
Tangible fixed assets22/27€24,227€26,161▲
Plant, machinery and equipment23€17,195€18,613▲
Furniture and vehicles24€7,032€7,549▲
Current assets29/58€47,634€44,954▼
Stocks and contracts in progress3€7,501€7,501=
Stocks30/36€7,501€7,501=
Amounts receivable within one year40/41€19,463€34,814▲
Trade receivables40€15,869€33,650▲
Other amounts receivable41€3,595€1,164▼
Cash at bank and in hand54/58€19,552€1,725▼
Deferred charges and accrued income490/1€1,117€913▼
Equity and liabilities
Total equity and liabilities10/49€71,861€71,115▼
Equity10/15-€48,478-€48,031▲
Contributions10/11€12,800€12,800=
Profit (loss) carried forward14-€61,278-€60,831▲
Amounts payable17/49€120,339€119,147▼
Amounts payable after more than one year17€9,532€379▼
Financial debts170/4€9,532€379▼
Amounts payable within one year42/48€110,807€118,767▲
Current portion of amounts payable after more than one year42€5,164€7,148▲
Trade debts44€28,387€28,973▲
Suppliers440/4€28,387€28,973▲
Taxes, remuneration and social security45€3,419€11,331▲
Taxes450/3€3,419€11,331▲
Other amounts payable47/48€73,837€71,316▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,759€9,341▲
Other operating charges640/8€228€785▲
Gross operating margin9900-€18,373€10,710▲
Operating profit (loss)9901-€26,360€584▲
Financial income75/76B€0€30▲
Recurring financial income75€0€30▲
Financial charges65/66B€1,092€167▼
Recurring financial charges65€1,092€167▼
Profit (loss) for the period before taxes9903-€27,453€446▲
Profit (loss) for the period9904-€27,453€446▲
Profit (loss) for the period to be appropriated9905-€27,453€446▲
Appropriation of the result
Profit (loss) to be appropriated9906-€61,278-€60,831▲
Profit (loss) brought forward from the previous period14P-€33,825-€61,278▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€36,155€0----
Remuneration, social security and pensions62€3,047-€3,063€15---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,135€6,592€7,874€7,759€9,341▲ 20.4%
Other operating charges640/8€1,057€634€209€228€785▲ 244%
Non-recurring operating charges66A-€1,529----
Gross operating margin9900€34,914-€10,231€17,597-€18,373€10,710▲ 158%
Operating profit (loss)9901€24,675-€15,922€9,500-€26,360€584▲ 102%
Financial income75/76B€136€108€1€0€30▲ 147,500%
Recurring financial income75€136€108€1€0€30▲ 147,500%
Financial charges65/66B€698€897€232€1,092€167▼ 84.7%
Recurring financial charges65€698€897€232€1,092€167▼ 84.7%
Profit (loss) for the period before taxes9903€24,112-€16,711€9,270-€27,453€446▲ 102%
Profit (loss) for the period9904€24,112-€16,711€9,270-€27,453€446▲ 102%
Profit (loss) for the period to be appropriated9905€24,112-€16,711€9,270-€27,453€446▲ 102%
Line20212022202320242025Change
Assets
Total assets20/58€116,765€127,601€82,471€71,861€71,115▼ 1.0%
Formation expenses20€447€0----
Fixed assets21/28€33,849€39,860€31,986€24,227€26,161▲ 8.0%
Intangible fixed assets21€0-----
Tangible fixed assets22/27€33,849€39,860€31,986€24,227€26,161▲ 8.0%
Plant, machinery and equipment23€12,013€25,216€21,205€17,195€18,613▲ 8.2%
Furniture and vehicles24€21,836€14,644€10,781€7,032€7,549▲ 7.3%
Current assets29/58€82,469€87,741€50,484€47,634€44,954▼ 5.6%
Stocks and contracts in progress3€7,501€7,501€7,501€7,501€7,501=
Stocks30/36€7,501€7,501€7,501€7,501€7,501=
Amounts receivable within one year40/41€63,197€59,272€40,462€19,463€34,814▲ 78.9%
Trade receivables40€43,126€57,299€34,612€15,869€33,650▲ 112%
Other amounts receivable41€20,072€1,973€5,849€3,595€1,164▼ 67.6%
Cash at bank and in hand54/58€11,729€18,677-€19,552€1,725▼ 91.2%
Deferred charges and accrued income490/1€42€2,291€2,521€1,117€913▼ 18.2%
Equity and liabilities
Total equity and liabilities10/49€116,765€127,601€82,471€71,861€71,115▼ 1.0%
Equity10/15-€13,584-€30,295-€21,025-€48,478-€48,031▲ 0.9%
Contributions10/11€12,800€12,800€12,800€12,800€12,800=
Profit (loss) carried forward14-€26,384-€43,095-€33,825-€61,278-€60,831▲ 0.7%
Amounts payable17/49€130,349€157,895€103,496€120,339€119,147▼ 1.0%
Amounts payable after more than one year17€9,056€28,430€16,680€9,532€379▼ 96.0%
Financial debts170/4€9,056€28,430€16,680€9,532€379▼ 96.0%
Amounts payable within one year42/48€120,685€129,466€86,816€110,807€118,767▲ 7.2%
Current portion of amounts payable after more than one year42€8,164€9,684€7,076€5,164€7,148▲ 38.4%
Trade debts44€41,300€43,115€282€28,387€28,973▲ 2.1%
Suppliers440/4€41,300€43,115€282€28,387€28,973▲ 2.1%
Taxes, remuneration and social security45€29,166€45,652€3,419€3,419€11,331▲ 231%
Taxes450/3€1,019€4,505€3,419€3,419€11,331▲ 231%
Remuneration and social security454/9€28,147€41,147----
Other amounts payable47/48€42,055€31,015€76,038€73,837€71,316▼ 3.4%
Accrued charges and deferred income492/3€608€0----
Line20212022202320242025Change
Profit (loss) for the period9904€24,112-€16,711€9,270-€27,453€446▲ 102%
+ Depreciation and write-downs630€6,135€6,592€7,874€7,759€9,341▲ 20.4%
Operating cash flow (approximation)€30,247-€10,120€17,143-€19,694€9,788▲ 150%
Investment in fixed assets (approximation)--€12,602€0€0-€11,275-
Change in cash-€6,948---€17,827-

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
30-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial Back to profitnet €446
Net result €446 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Back to profitnet €9,270
Net result €9,270 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €24,112
Net result €24,112 after 3 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
24-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
1,897 m²
Building footprint
396 m²
Volume, LiDAR
2,310 m³
Parcel 73040E0526/00N000, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Roots
Hasseltsesteenweg 52, 3720 HasseltFood and beverage service activities
since 20182.273.527.669
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73040E0526/00N000 Flanders 1,897 m² 1 · 396 m² 11.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
81300Landscape service activities

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