Roppa
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 7 filings
Every figure per financial year
The operating result for 2025 is a loss of €13,139, larger than the loss of €12,788 in 2024.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,081 | €41,232 | €39,437 | €400 | €400 | €400 | €400 | = |
| Other operating charges640/8 | - | - | - | - | - | €387 | - | - |
| Gross operating margin9900 | -€92,469 | -€49,589 | -€17,861 | -€15,390 | -€13,143 | -€12,000 | -€12,738 | ▼ 6.2% |
| Operating profit (loss)9901 | -€160,796 | -€105,685 | -€57,645 | -€15,790 | -€13,544 | -€12,788 | -€13,139 | ▼ 2.7% |
| Financial income75/76B | - | - | - | €8,083 | - | - | - | - |
| Recurring financial income75 | €6,423 | €10,343 | €8,083 | €8,083 | - | - | - | - |
| Financial charges65/66B | - | - | - | €78 | €80 | €46 | €43 | ▼ 7.9% |
| Recurring financial charges65 | €206 | €108 | €61 | €78 | €80 | €46 | €43 | ▼ 7.9% |
| Profit (loss) for the period before taxes9903 | -€154,579 | -€95,450 | -€49,623 | -€7,785 | -€13,624 | -€12,834 | -€13,181 | ▼ 2.7% |
| Income taxes67/77 | €0 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | -€151,293 | -€92,867 | -€49,623 | -€7,785 | -€13,624 | -€12,834 | -€13,181 | ▼ 2.7% |
| Profit (loss) for the period to be appropriated9905 | -€151,293 | -€92,867 | -€49,623 | -€7,785 | -€13,624 | -€12,834 | -€13,181 | ▼ 2.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €133,027 | €53,673 | €7,792 | €3,922 | €2,298 | €1,373 | €945 | ▼ 31.2% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €73,268 | €41,786 | €2,349 | €1,949 | €1,548 | €747 | €347 | ▼ 53.6% |
| Intangible fixed assets21 | €66,135 | €37,188 | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €7,133 | €4,598 | €2,349 | €1,949 | €1,548 | €747 | €347 | ▼ 53.6% |
| Other tangible fixed assets26 | - | - | - | €1,949 | €1,548 | €747 | €347 | ▼ 53.6% |
| Financial fixed assets28 | €0 | - | - | - | - | - | - | - |
| Current assets29/58 | €59,759 | €11,887 | €5,443 | €1,974 | €750 | €626 | €598 | ▼ 4.4% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €12,436 | €442 | €487 | €597 | €597 | €597 | €597 | = |
| Other amounts receivable41 | - | - | - | €597 | €597 | €597 | €597 | = |
| Current investments50/53 | €0 | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €45,752 | €10,134 | €3,473 | €1,376 | €153 | €28 | €1 | ▼ 97.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €133,027 | €53,673 | €7,792 | €3,922 | €2,298 | €1,373 | €945 | ▼ 31.2% |
| Equity10/15 | €111,469 | €16,069 | -€38,668 | -€51,567 | -€65,191 | -€90,504 | -€103,685 | ▼ 14.6% |
| Contributions10/11 | €250,000 | €250,000 | - | €250,000 | €250,000 | €250,000 | €250,000 | = |
| Reserves13 | €0 | - | - | - | - | - | - | - |
| Profit (loss) carried forward14 | -€151,293 | -€244,160 | -€293,783 | -€301,567 | -€315,191 | -€340,504 | -€353,685 | ▼ 3.9% |
| Provisions and deferred taxes16 | €6,571 | €5,938 | €2,969 | - | - | - | - | - |
| Amounts payable17/49 | €14,986 | €31,666 | €43,491 | €55,489 | €67,489 | €91,877 | €104,630 | ▲ 13.9% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €14,986 | €31,666 | €43,491 | €55,489 | €67,489 | €91,877 | €104,630 | ▲ 13.9% |
| Trade debts44 | €404 | €116 | - | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €55,489 | €67,489 | €91,877 | €104,630 | ▲ 13.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€151,293 | -€92,867 | -€49,623 | -€7,785 | -€13,624 | -€12,834 | -€13,181 | ▼ 2.7% |
| + Depreciation and write-downs630 | €43,081 | €41,232 | €39,437 | €400 | €400 | €400 | €400 | = |
| Operating cash flow (approximation) | -€108,212 | -€51,635 | -€10,186 | -€7,384 | -€13,224 | -€12,434 | -€12,781 | ▼ 2.8% |
| Investment in fixed assets (approximation) | - | -€9,750 | €0 | €0 | €0 | - | €0 | - |
| Change in cash | - | -€35,619 | -€6,661 | -€2,096 | -€1,224 | - | -€28 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,008 companies had the same profile as Roppa has now. Two years later, 83.0% were still going and 7.9% had gone bankrupt.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Roppa itself: 2.3% within 12 months.
Test of the method
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 6,008 companies, not a prediction for Roppa. 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.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-06-2026 | 2026-00227020 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00342286 | |
| 31-12-2022 | abbreviated format | 01-09-2023 | 2023-00419619 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20390137 | |
| 31-12-2020 | abbreviated format | 27-08-2021 | 2021-56800392 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-43000248 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58700576 |