More equity than 94% of companies in financial services. Sector median €124,057 · 9,778 companies.
Financial institution: outside the modelBankruptcy probability: sector outside the model
Checked score
Outside the general model
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 6 June (5 of the last 5 accounts filed within 30 days either side of that date).
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0880437326
Demerger: WIRECO splits off to WIRECO
Company renamed from WIRECO to ROOTS · Registered office moved from Woluwe-Saint-Pierre to Hasselt · New registered office: Gemeentebosstraat 33, 3511 Hasselt · General meeting of 28-06-2024 · Gazette deed
Demerger proposal: WIRECO splits off to WIRECO
Name change: ROOTS · Wim Smeets holds all the shares · General meeting of 18-01-2024 · Gazette deed
1 director appointed, 1 resignation
Resignation: Wim Smeets · Appointment: Alhegelu BV · Permanent representative: Wim Smeets · General meeting of 31-05-2023 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as ROOTS: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €3.5m and €4.3m, founded between 2004 and 2008.
The company number of ROOTS is 0880.437.326. The VAT number is the same number with BE in front: BE 0880.437.326.
Where is ROOTS based?
The registered office is at Gemeentebosstraat 33, 3511 Hasselt.Company details
What does ROOTS do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of ROOTS?
ROOTS is a private limited company (BV).
When was ROOTS founded?
ROOTS was founded on 03-04-2006.
Is ROOTS still active?
Yes, ROOTS is an active enterprise in the KBO register.
What is the turnover of ROOTS?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €218,005 and 32 comparable companies (NACE 64210). It probably lies between €290,000 and €420,000.Financials
Is ROOTS profitable?
In financial year 2025, ROOTS made a profit of €104,592.
Where can I find the annual accounts of ROOTS?
ROOTS filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROOTS due?
ROOTS must file the annual accounts for financial year 2026 by 30-06-2027.Timeline