ROPACA
ActiveSummary
ROPACA has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €555,634. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, micro format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€555,634▲ 17.0%
2024 · €474,768
Working capital
€4.8m▲ 1.2%
2024 · €4.8m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €9,748 in 2025 against €7,712 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€14.2m
2025
Equity€5.3m
2025
Debt€8.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€4.8m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m--€0.03m▼ 42.1%-€0.01m▲ 55.4%-€0.01m▲ 9.5%-€0.01m▼ 6.7%-€0.002m▲ 82.1%-€0.008m▼ 287%-€0.01m▼ 26.4%
Net result€0.4m-€0.4m▲ 0.5%€0.4m▼ 10.9%€0.6m▲ 58.3%€0.7m▲ 9.1%€0.4m▼ 35.9%€0.5m▲ 11.5%€0.6m▲ 17.0%
Equity€1.8m-€2.2m▲ 24.1%€2.6m▲ 17.3%€3.2m▲ 23.3%€3.9m▲ 20.6%€4.3m▲ 11.0%€4.8m▲ 11.0%€5.3m▲ 11.6%
Total assets€10.7m-€11.1m▲ 4.1%€11.5m▲ 3.5%€12.1m▲ 5.3%€12.8m▲ 5.5%€13.2m▲ 3.3%€13.7m▲ 3.6%€14.2m▲ 4.1%
Debt€8.9m-€8.9m=€8.9m=€8.9m=€8.9m=€8.9m▼ 0.1%€8.9m=€8.9m=
Working capital€1.8m-€2.2m▲ 24.1%€2.6m▲ 17.3%€3.2m▲ 23.3%€3.9m▲ 20.6%€4.3m▲ 11.0%€4.8m▲ 11.0%€4.8m▲ 1.2%
Why a figure moved sharply
- 2021 Net result +58% on 2020. The accounts now follow the micro format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14.2m
Fixed assets
€9.4m ▲ 5.6%
Current assets
€4.8m ▲ 1.2%
Equity and liabilities €14.2m
Equity
€5.3m ▲ 11.6%
Debt
€8.9m =
Debt's share of the balance-sheet total falls from 65.0% to 62.4%. Equity is higher.
Key figures and ratios
Debt to equity
1.66▼
2024 · 1.86
ROE
10.4%▲
2024 · 9.9%
ROA
3.9%▲
2024 · 3.5%
Debt ≤ 1 year
€56▼
2024 · €783
Debt > 1 year
€8.9m=
2024 · €8.9m
A ratio outside any meaningful range has been withheld (balance sheet total €14.2m, equity €5.3m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €50 | €0 | - | - | - | - |
| Gross operating margin9900 | -€17,700 | -€24,619 | -€11,537 | -€10,391 | -€11,143 | -€1,993 | -€7,712 | -€9,748 | ▼ 26.4% |
| Operating profit (loss)9901 | -€18,199 | -€25,856 | -€11,537 | -€10,441 | -€11,143 | -€1,993 | -€7,712 | -€9,748 | ▼ 26.4% |
| Financial income75/76B | - | - | - | €621,054 | €693,975 | €527,396 | €615,511 | €746,398 | ▲ 21.3% |
| Recurring financial income75 | €527,319 | €538,660 | €396,752 | €621,054 | €693,975 | €527,396 | €615,511 | €746,398 | ▲ 21.3% |
| Financial charges65/66B | - | - | - | €1,161 | €18,244 | €99,482 | €133,030 | €181,016 | ▲ 36.1% |
| Recurring financial charges65 | €274 | €581 | €255 | €1,161 | €18,244 | €99,482 | €133,030 | €181,016 | ▲ 36.1% |
| Profit (loss) for the period before taxes9903 | €508,847 | €512,222 | €384,960 | €609,452 | €664,589 | €425,921 | €474,768 | €555,634 | ▲ 17.0% |
| Income taxes67/77 | €79,098 | €80,291 | €0 | €150 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €429,748 | €431,931 | €384,960 | €609,302 | €664,589 | €425,921 | €474,768 | €555,634 | ▲ 17.0% |
| Profit (loss) for the period to be appropriated9905 | €429,748 | €431,931 | €384,960 | €609,302 | €664,589 | €425,921 | €474,768 | €555,634 | ▲ 17.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €10.7m | €11.1m | €11.5m | €12.1m | €12.8m | €13.2m | €13.7m | €14.2m | ▲ 4.1% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €9.4m | ▲ 5.6% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0 | - | - | - | - | - | - | - | - |
| Financial fixed assets28 | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €9.4m | ▲ 5.6% |
| Current assets29/58 | €1.8m | €2.2m | €2.6m | €3.2m | €3.9m | €4.3m | €4.8m | €4.8m | ▲ 1.2% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0 | €150 | €314 | €155 | €0.002m | €0.01m | €0.03m | €0.03m | ▲ 1.3% |
| Other amounts receivable41 | - | - | - | €155 | €0.002m | €0.01m | €0.03m | €0.03m | ▲ 1.3% |
| Current investments50/53 | €0 | - | €0.2m | €0 | €1.5m | €3.9m | €4.5m | €4.5m | ▼ 0.7% |
| Cash at bank and in hand54/58 | €1.8m | €2.2m | €2.4m | €3.2m | €2.4m | €0.4m | €0.2m | €0.3m | ▲ 39.2% |
| Deferred charges and accrued income490/1 | - | - | - | €393 | €0 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €10.7m | €11.1m | €11.5m | €12.1m | €12.8m | €13.2m | €13.7m | €14.2m | ▲ 4.1% |
| Equity10/15 | €1.8m | €2.2m | €2.6m | €3.2m | €3.9m | €4.3m | €4.8m | €5.3m | ▲ 11.6% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | €1.8m | €2.2m | €2.6m | €3.2m | €3.9m | €4.3m | €4.8m | €5.3m | ▲ 11.7% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - | - | - | - |
| Amounts payable17/49 | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | = |
| Amounts payable after more than one year17 | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | = |
| Financial debts170/4 | - | - | - | €8.9m | €8.9m | €8.9m | €8.9m | €8.9m | = |
| Amounts payable within one year42/48 | €77 | €0.001m | €0.005m | €0.005m | €0.006m | €0.001m | €0.001m | €56 | ▼ 92.9% |
| Trade debts44 | €72 | €0.001m | €0.005m | €0.004m | €0.005m | €0 | - | - | - |
| Suppliers440/4 | - | - | - | €0.004m | €0.005m | €0 | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | €56 | ▼ 92.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.4m | €0.4m | €0.6m | €0.7m | €0.4m | €0.5m | €0.6m | ▲ 17.0% |
| + Depreciation and write-downs630 | €0 | - | - | - | - | - | - | - | - |
| Operating cash flow (approximation) | €0.4m | €0.4m | €0.4m | €0.6m | €0.7m | €0.4m | €0.5m | €0.6m | ▲ 17.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | -€0.5m | - |
| Change in cash | - | €0.4m | €0.1m | €0.9m | -€0.8m | -€2.0m | -€0.2m | €0.09m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00238335 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00144914 |
| 31-12-2023 | micro format | 29-05-2024 | 2024-00099208 |
| 31-12-2022 | micro format | 11-07-2023 | 2023-00222926 |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20147078 |
| 31-12-2020 | full format | 01-07-2021 | 2021-29400326 |
| 31-12-2019 | full format | 18-08-2020 | 2020-42200207 |
| 31-12-2019 | abbreviated format | 30-06-2020 | 2020-25800551 |
| 31-12-2018 | full format | 30-07-2019 | 2019-42700071 |
| 31-12-2017 | full format | 29-08-2018 | 2018-57900596 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.