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Rope System

Active Private limited companyfounded 2004active for 21 yearsHerbefays, Durnal 54, 5530 YvoirKBO/BCE: BE 0870.130.679 #7 company by equity in Yvoir, Construction sector

Lifetime

11 annual accounts with figures on one time axis, 12 filings since 2005
peak €91,638 (2016)
€39,894 
peak €63,765 (2014)
€32,654 
peak €340,021 (2024)
€340,021 
€29,877 
Board1 name since 2021
1 director
Documentsfilings and deeds
24-02-2026208 days late
2024micro format
Amendment of the articles · Legal-form change · Resignations… 06-02No annual accounts filed for 2022 and 2023

Key points

from the 2024 annual accounts

Equity

€340,021

Rope System has made a profit in every financial year since 2008.

Filings

12 annual accounts 104 days past the deadline
AprilJune31 JulyOctober2005201020152020

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

91.9%

Higher solvency than 95% of companies in specialised construction. Sector median 46.6% · 36,050 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as Rope System has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 31,356 companies, not a prediction for Rope System. 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.

Credit verdict

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Signals

Board and ownership

Director
  • 186 sharesdeed of 06-02-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0870130679
Amendment of the articles · Legal-form change · Resignations & appointments Reappointment: (director) · holds 186 shares · General meeting of 30-01-2024 · Gazette deed
Registered office moved to Yvoir New registered office: Herbefays 54 à 5530 Yvoir · Gazette deed
Incorporation published on 03-12-2004 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
Rope System Yvoir €369,898 €39,894 91.9% -
Entreprise générale du Bâtiment Alain MOREAUX Andenne €445,055 €43,755 82.2% -
WALL STYLE CREATION Kraainem €350,996 €40,413 13.4% -
JANI CONSTRUKT Rotselaar €417,801 €40,020 84.1% -
VAN DE KREEKE SPECIALE TECHNIEKEN Genk €312,615 €40,654 39.9% 8
DEMET Antwerp €379,606 €47,866 59.8% -
BATI-ZYGI Forest €445,202 €39,688 52.4% -

These companies have the same main activity as Rope System: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €313,000 and €445,000, founded between 2003 and 2006.

Official details

Source: KBO
Status
Active since 23-11-2004Normal situation
Activity
Other specialised construction activitiesNACE 43990and 3 others
Establishment unit
2.144.017.1305530 Yvoir, since 15-11-2004
Financial year end
31 December
Peppol
Reachable since 30-12-2025
Company details

Annual accounts 2024

≈ €340,000estimated
€369,898
Filing
Filed on 24-02-2026
Financials

Insights on Rope System

Rope System files the micro format. That format states no turnover. The gross margin fell from €46,369 in 2008 to €39,894 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Rope System

What is the company number of Rope System?
The company number of Rope System is 0870.130.679. The VAT number is the same number with BE in front: BE 0870.130.679.
Where is Rope System based?
The registered office is at Herbefays, Durnal 54, 5530 Yvoir.Company details
What does Rope System do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of Rope System?
Rope System is a private limited company (BV).
When was Rope System founded?
Rope System was founded on 23-11-2004.
Is Rope System still active?
Yes, Rope System is an active enterprise in the KBO register.
What is the turnover of Rope System?
The turnover in financial year 2024 is ≈ €340,000. This figure is estimated from the gross margin of €39,894 and 94 comparable companies (NACE 43990). It probably lies between €230,000 and €610,000.Financials
Is Rope System profitable?
In financial year 2024, Rope System made a profit of €32,654.
Where can I find the annual accounts of Rope System?
Rope System filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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