ROSARIO CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of ROSARIO CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €32k and a net result of €-22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 25% of 7692 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
33
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-92
Solvency49▼-8
Growth35▼-50
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.32 against 1.46 in 2024; short-term debt: 75.9% and cash: 0% of total assets), and 75.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
24.1%
Return on assets
-16.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 10 filingsDeviation from the deadline
2025
35 d late
2024
2 d early
2023
250 d late
2022
27 d early
2021
61 d late
2020
326 d late
2019
81 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2k▼ 98.8%
2024 · €148k
2022: €11k
2023: €327k
2024: €148k
2022 → 2025
EBIT margin
-1255.7%▼ 1277.1pp
2024 · 21.5%
2022: -11.9%
2023: 49.5%
2024: 21.5%
2022 → 2025
Net result
€-22k
2024 · €24k
2018: €200
2019: €10k
2020: €-17k
2021: €-30k
2022: €-2k
2023: €131k
2024: €24k
2018 → 2025
Working capital
€32k▼ 32.8%
2024 · €47k
2018: €-68k
2019: €-60k
2020: €-82k
2021: €-109k
2022: €-107k
2023: €24k
2024: €47k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11k€327k▲ 2,817%€148k▼ 54.6%€2k▼ 98.8%
Equity€-105k-€-106k▼ 1.5%€24k€48k▲ 97.9%€32k▼ 33.2%
Operating result€-30k-€-1k▲ 95.6%€162k€32k▼ 80.3%€-22k
Net result€-30k-€-2k▲ 94.9%€131k€24k▼ 82.0%€-22k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €22k after €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132k
Fixed assets
€6▼ 97.3%
Current assets
€132k▼ 12.4%
Equity and liabilities €132k
Equity
€32k▼ 33.2%
Debt
€100k▼ 3.0%
The debt ratio rises from 68.4% to 75.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-22k▼
2024 · €32k
Cash flow
€-22k▼
2024 · €24k
Solvency
24.1%▼
2024 · 31.6%
Current ratio
1.32▼
2024 · 1.46
Quick ratio
0.99▼
2024 · 1.14
Debt / equity
3.15▲
2024 · 2.17
ROE
-69.7%▼
2024 · 49.5%
ROA
-16.8%▼
2024 · 15.6%
Interest coverage
-117.63▼
2024 · 234.25
Debt
€100k▼
2024 · €103k
Debt ≤ 1 year
€100k▼
2024 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€151k€132k▼
Fixed assets21/28€237€6▼
Tangible fixed assets22/27€237€6▼
Plant, machinery and equipment23€237€6▼
Current assets29/58€150k€132k▼
Amounts receivable after more than one year29-€616
Other amounts receivable291-€616
Stocks and contracts in progress3€33k€33k=
Stocks30/36€33k€33k=
Amounts receivable within one year40/41€117k€98k▼
Trade receivables40€19k€19k=
Other amounts receivable41€98k€79k▼
Cash at bank and in hand54/58€78€40▼
Equity and liabilities
Total equity and liabilities10/49€151k€132k▼
Equity10/15€48k€32k▼
Contributions10/11€8k€8k=
Outside capital11€8k€8k=
Other1109/19€8k€8k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€37k€21k▼
Amounts payable17/49€103k€100k▼
Amounts payable within one year42/48€103k€100k▼
Trade debts44€118-
Suppliers440/4€118-
Taxes, remuneration and social security45€78k€75k▼
Taxes450/3€78k€75k▼
Other amounts payable47/48€25k€25k=
Income statement
Code20242025
Turnover70€148k€2k▼
Goods, raw materials, services and sundry goods60/61€116k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€230€230=
Gross operating margin9900€32k€-22k▼
Operating profit (loss)9901€32k€-22k▼
Financial charges65/66B€137€185▲
Recurring financial charges65€137€185▲
Profit (loss) for the period before taxes9903€32k€-22k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€24k€-22k▼
Profit (loss) for the period to be appropriated9905€24k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€37k€21k▼
Profit (loss) brought forward from the previous period14P€14k€44k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 35 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
07-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 250 days late
2023
31-12
Financial
Back to profitnet €131k
Net result €131k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.24
Current ratio from 0.32 to 1.24; short-term debt falls from €158k to €98k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 326 days late
2021
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 587 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 180 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 388 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Adolphe Maxlaan 561000 BrusselGround area
363 m²
Building footprint
345 m²
Volume, LiDAR
6,050 m³
2 parcels, Brussels · tallest building 28.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
ROSARIO CONTRUCT
since 20042.138.804.270
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0416/00K000 | Brussels | 186 m² | 1 · 153 m² | 28.4 m · 7 fl. |
| 21802B0144/00W002 | Brussels | 177 m² | 1 · 192 m² | 23.6 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FØMAR
BE 1019.187.809
Leuven · Eq €32k
HDW
BE 0897.581.283
Zedelgem · Eq €32k
NANO
BE 0799.134.696
Schoten · Eq €32k
HOBIN
BE 0879.280.749
Tienen · Eq €32k
NUMIBAL BELGIUM
BE 0641.804.953
Beersel · Eq €32k
Of 15,542 companies in sector 43990 we hold annual accounts for 7,421. 5,731 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-08-2004
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:rosariocontruct@skynet.be
Phone:+32(0)2 2459791
Fax:+32(0)2 2459791