Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Green is investment, beige is depreciation.
Ten of the last ten came late. The 2023 accounts came latest: 161 days after the end of the period.
Less equity than 95% of companies in specialised construction. Sector median €57,715 · 35,131 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 8% of them on solvency, 3% on liquidity, 11% on profitability and 1% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,216 companies had the same profile as ROTA CONSTRUCT has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ROTA CONSTRUCT itself: 1.3% within 12 months.
The method was tested on the 497,447 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 1,216 companies, not a prediction for ROTA CONSTRUCT. 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.
Liquidity is insufficient, with a current ratio of 0.96 (1.05 in 2024), below 1. Short-term debt is 102% and cash 1.6% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 51 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| ROTA CONSTRUCT Brussels | €171,451 | -10.5% | -2.0% | - |
| AMDA Kortenberg | - | - | 56.2% | - |
| NEW WORLD PROJECTS Antwerp | - | - | 34.9% | - |
| H.P.Z Zulte | - | - | 42.8% | - |
| THE HOME MAKERS Brussels | - | - | 22.1% | - |
| WIN MASTER Evere | €512,165 | -0.6% | 48.9% | - |
| FACEA CONCEPT Orp-Jauche | - | - | 1.5% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ROTA CONSTRUCT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €264,000 and €1.5m, founded between 2002 and 2015.
ROTA CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €18,424 in 2011 to €13,743 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 9% of 35,119 companies in 2025.
Higher than 19% of 34,493 companies in 2025.
Higher than 18% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
669,426 | 111,395 | 128,112 | 138,130 | 150,626 | 180,490 | 183,847 | 145,199 | 151,145 | 105,905 | 121,646 | 48,110 | 38,869 | 77,483 | 60,941 | |
21/28 |
16,837 | 2,615 | 6,267 | 10,074 | 26,687 | 37,914 | 43,946 | 41,389 | 51,784 | 11,150 | 12,402 | 5,833 | 15,750 | 27,417 | 15,750 | |
21 |
668 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
16,118 | 2,565 | 6,217 | 10,024 | 26,637 | 37,864 | 43,896 | 41,339 | 51,734 | 11,100 | 12,402 | 5,833 | 15,750 | 27,417 | 15,750 | |
24 |
16,118 | 2,565 | 6,217 | 10,024 | 26,637 | 37,864 | 43,896 | 41,339 | 51,734 | 11,100 | 12,402 | 5,833 | 15,750 | 27,417 | 15,750 | |
28 |
50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | 50 | - | - | - | - | - | |
29/58 |
652,590 | 108,781 | 121,844 | 128,056 | 123,940 | 142,576 | 139,901 | 103,810 | 99,362 | 94,755 | 109,244 | 42,276 | 23,119 | 50,066 | 45,191 | |
40/41 |
642,037 | 106,695 | 118,965 | 117,298 | 123,940 | 141,130 | 134,670 | 101,466 | 99,005 | 92,421 | 107,478 | 38,976 | 7,461 | 42,994 | 43,014 | |
40 |
591,382 | 61,607 | 75,513 | 89,548 | 79,986 | 109,123 | 82,434 | 70,151 | 70,556 | 65,936 | 70,376 | 37,500 | 7,461 | 39,049 | 40,199 | |
41 |
50,655 | 45,088 | 43,453 | 27,751 | 43,954 | 32,007 | 52,237 | 31,315 | 28,449 | 26,485 | 37,102 | 1,476 | - | 3,945 | 2,815 | |
54/58 |
10,553 | 2,086 | 2,879 | 10,758 | - | 1,447 | 5,231 | 2,345 | 356 | 2,334 | 1,761 | 3,296 | 15,654 | 7,068 | 2,172 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | 5 | 5 | 5 | 5 | 5 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
669,426 | 111,395 | 128,112 | 138,130 | 150,626 | 180,490 | 183,847 | 145,199 | 151,145 | 105,905 | 121,646 | 48,110 | 38,869 | 77,483 | 60,941 | |
10/15 |
-13,234 | 8,261 | 46,267 | 32,732 | 8,920 | 55,098 | 64,766 | 67,360 | 96,501 | 44,141 | 17,961 | -15,678 | -9,518 | -11,243 | 16,011 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | 6,200 | 6,200 | 6,200 | 6,200 | - | - | - | - | - | - | - | - | - | - | |
100 |
- | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,800 | |
130/1 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
130 |
- | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,800 | |
133 |
1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
-21,294 | 201 | 38,207 | 24,672 | 860 | 47,038 | 56,706 | 59,300 | 88,441 | 36,081 | 9,901 | -23,738 | -17,578 | -19,303 | 8,011 | |
17/49 |
682,660 | 103,134 | 81,845 | 105,398 | 141,707 | 125,391 | 119,081 | 77,839 | 54,644 | 61,764 | 103,685 | 63,788 | 48,387 | 88,726 | 44,929 | |
17 |
- | - | - | - | - | - | - | - | - | 7,000 | 2,065 | 23,725 | 20,054 | 33,745 | 20,095 | |
170/4 |
- | - | - | - | - | - | - | - | - | 7,000 | 2,065 | 2,065 | 20,054 | 33,745 | 20,095 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | 21,661 | - | - | - | |
42/48 |
682,660 | 103,134 | 81,845 | 105,398 | 137,513 | 122,040 | 104,552 | 74,497 | 54,644 | 54,764 | 101,620 | 40,062 | 28,334 | 54,981 | 24,834 | |
42 |
- | 3,419 | 3,419 | - | - | - | - | - | - | - | - | 4,955 | 13,691 | 13,691 | - | |
43 |
37,719 | 34,150 | 22,700 | 40,000 | 58,376 | 34,640 | 45,000 | 53,000 | - | - | - | - | - | - | - | |
430/8 |
37,719 | 34,150 | 22,700 | 40,000 | 58,376 | 34,640 | 45,000 | 53,000 | - | - | - | - | - | - | - | |
44 |
572,014 | 13,771 | 10,924 | 4,822 | 18,453 | 36,819 | 26,180 | 19,413 | 53,317 | 39,263 | 58,509 | 15,465 | - | 27,789 | 16,954 | |
440/4 |
572,014 | 13,771 | 10,924 | 4,822 | 18,453 | 36,819 | 26,180 | 19,413 | 53,317 | 39,263 | 58,509 | 15,465 | - | 27,789 | 16,954 | |
46 |
65,402 | 44,803 | 44,803 | 46,803 | 45,803 | 50,581 | - | - | - | - | - | - | - | - | - | |
45 |
7,525 | 6,992 | - | 13,773 | 14,880 | - | 33,372 | 2,084 | - | 3,088 | 3,088 | 1,280 | 1,142 | - | - | |
450/3 |
- | - | - | 13,773 | - | - | 28,296 | - | - | 3,088 | 3,088 | 1,280 | 1,142 | - | - | |
454/9 |
7,525 | 6,992 | - | - | 14,880 | - | 5,077 | 2,084 | - | - | - | - | - | - | - | |
47/48 |
- | - | - | - | - | - | - | - | 1,326 | 12,413 | 40,024 | 18,363 | 13,500 | 13,500 | 7,880 | |
492/3 |
- | - | - | - | 4,194 | 3,351 | 14,529 | 3,342 | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||
70 |
171,451 | - | - | - | - | - | - | - | - | - | - | - | - | - | 275,794 | |
9900 |
13,743 | 42,869 | 128,191 | 144,452 | 346,327 | 308,527 | 258,768 | 243,375 | 573,712 | 239,372 | 196,171 | 6,466 | 22,312 | -4,960 | 18,424 | |
60/61 |
157,708 | - | - | - | - | - | - | - | - | - | - | - | - | - | 257,369 | |
62 |
10,979 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
630 |
3,617 | 3,653 | 3,806 | 8,060 | 11,895 | 11,360 | 15,241 | 13,145 | 3,725 | 5,003 | 10,320 | 9,917 | 11,667 | 11,667 | 7,583 | |
640/8 |
17,094 | 73,275 | 108,072 | 109,342 | 378,450 | 305,196 | 246,120 | 259,372 | 517,627 | 208,189 | 151,951 | 1,868 | 7,373 | 8,923 | 730 | |
9901 |
-17,946 | -34,058 | 16,313 | 27,050 | -44,019 | -8,029 | -2,593 | -29,142 | 52,361 | 26,180 | 33,900 | -5,319 | 3,273 | -25,550 | 10,111 | |
75/76B |
- | - | - | - | - | - | - | - | - | - | - | 5 | - | 1 | - | |
75 |
- | - | - | - | - | - | - | - | - | - | - | 5 | - | 1 | - | |
65/66B |
3,549 | 3,948 | 2,778 | 3,238 | 2,160 | 1,639 | - | - | - | - | 261 | 846 | 1,548 | 1,766 | 300 | |
65 |
3,549 | 3,948 | 2,778 | 3,238 | 2,160 | 1,639 | - | - | - | - | 261 | 846 | 1,548 | 1,766 | 300 | |
9903 |
-21,495 | -38,006 | 13,535 | 23,813 | -46,179 | -9,668 | -2,593 | -29,142 | 52,361 | 26,180 | 33,639 | -6,160 | 1,725 | -27,314 | 9,811 | |
9904 |
-21,495 | -38,006 | 13,535 | 23,813 | -46,179 | -9,668 | -2,593 | -29,142 | 52,361 | 26,180 | 33,639 | -6,160 | 1,725 | -27,314 | 9,811 | |
9905 |
-21,495 | -38,006 | 13,535 | 23,813 | -46,179 | -9,668 | -2,593 | -29,142 | 52,361 | 26,180 | 33,639 | -6,160 | 1,725 | -27,314 | 9,811 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-21,294 | 201 | 38,207 | 24,672 | 860 | 47,038 | 56,706 | 59,300 | 88,441 | 36,081 | 9,901 | -23,738 | -17,578 | -19,303 | 9,811 | |
14P |
201 | 38,207 | 24,672 | 860 | 47,038 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,800 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,800 | |
| Document | ||||||||||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-08-2026.
2025 annual accounts filed 24 days after the deadline. Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00430431.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00430431 | |
| 31-12-2024 | full format | 01-08-2025 | 2025-00368108 | |
| 31-12-2023 | full format | 08-01-2025 | 2025-00004619 | |
| 31-12-2022 | full format | 25-09-2023 | 2023-00456189 | |
| 31-12-2021 | full format | 29-08-2022 | 2022-20380026 | |
| 31-12-2020 | full format | 30-08-2021 | 2021-56000023 | |
| 31-12-2019 | full format | 22-09-2020 | 2020-54700160 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-49000153 | |
| 31-12-2017 | full format | 07-08-2018 | 2018-43900074 | |
| 31-12-2016 | full format | 29-08-2017 | 2017-53200362 | |
| 31-12-2015 | full format | 20-09-2016 | 2016-60200007 | |
| 31-12-2014 | full format | 23-10-2015 | 2015-65500205 | |
| 31-12-2013 | full format | 30-11-2014 | 2014-68500127 | |
| 31-12-2012 | full format | 31-12-2013 | 2013-70700175 | |
| 31-12-2011 | full format | 15-10-2012 | 2012-61100148 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -14,329 | -30,405 | 20,119 | 35,110 | -32,123 | 3,331 | 12,648 | -15,997 | 56,086 | 31,183 | 44,220 | 4,597 | 14,939 | -13,883 | 17,695 | ||
| -17,878 | -34,353 | 17,341 | 31,872 | -34,284 | 1,692 | 12,648 | -15,997 | 56,086 | 31,183 | 43,959 | 3,757 | 13,391 | -15,648 | 17,395 | ||
| 18,507 | 0 | 0 | -8,553 | 668 | 41,176 | 17,799 | 2,750 | 48,136 | 3,752 | 22,722 | 0 | 0 | 23,333 | 23,333 | ||
| 8,467 | -793 | -7,879 | - | - | -3,784 | 2,886 | 1,988 | -1,977 | 573 | -1,535 | -12,358 | 8,586 | 4,896 | - | ||
| -30,070 | 5,647 | 39,999 | 22,659 | -13,573 | 20,536 | 35,349 | 29,313 | 44,718 | 39,991 | 7,624 | 2,214 | -5,214 | -4,915 | 20,357 | ||
| -10.5% | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.7% | ||
| -2.0% | 7.4% | 36.1% | 23.7% | 5.9% | 30.5% | 35.2% | 46.4% | 63.8% | 41.7% | 14.8% | -32.6% | -24.5% | -14.5% | 26.3% | ||
| 0.96 | 1.05 | 1.49 | 1.21 | 0.90 | 1.17 | 1.34 | 1.39 | 1.82 | 1.73 | 1.08 | 1.06 | 0.82 | 0.91 | 1.82 | ||
| - | 12.48 | 1.77 | 3.22 | 15.89 | 2.28 | 1.84 | 1.16 | 0.57 | 1.40 | 5.77 | - | - | - | 2.81 | ||
| - | -460.1% | 29.3% | 72.7% | -517.7% | -17.5% | -4.0% | -43.3% | 54.3% | 59.3% | 187.3% | - | - | - | 61.3% | ||
| -3.2% | -34.1% | 10.6% | 17.2% | -30.7% | -5.4% | -1.4% | -20.1% | 34.6% | 24.7% | 27.7% | -12.8% | 4.4% | -35.3% | 16.1% | ||
| -4.04 | -7.70 | 7.24 | 10.84 | -14.87 | - | - | - | - | - | - | - | - | - | - | ||
| 1259 days | - | - | - | - | - | - | - | - | - | - | - | - | - | 53 days | ||
| 1324 days | - | - | - | - | - | - | - | - | - | - | - | - | - | 24 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,839 | - | - | - | €668 |
| Intangible fixed assets | €668 | - | - | - | - |
| €3,617 | €3,653 | €3,806 | €8,060 | €11,895 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €17,946, smaller than the loss of €34,058 in 2024.
Equity is negative. Debt (€682,660) exceeds the balance-sheet total (€669,426).
Première résolution : En application du Code des Sociétés et des Associations, l’assemblée générale décide d’adapter les statuts aux dispositions dudit code, de conserver la forme légale de la société à responsabilité limitée (en abrégé SRL) et de modifier ou confirmer les pouvoirs de représentations afin de permettre à un administrateur de représenter seul la société. Vote : Mise aux voix, cette résolution est adoptée à l'unanimité.
ROTA CONSTRUCT has no parent and no holdings in its annual accounts. ANGELOV Yuliyan is the only director. ROTA CONSTRUCT shares no director with another company.
| Marczuk, Adam (sole trader)
establishment since 21-01-2014 |
founded in 2014 0544.689.246 |
| Vereniging van mede-eigenaars van de residentie Schijfstraat 42, te Brussel
registered office since 09-08-2006 |
founded in 2006 0884.865.474 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Schijfstraat 42 registered office 1020 Brussels 41001 General construction of residential buildings | 04-11-2010 | 2.198.176.089 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21818A0003/00Z046 | 456 m² | 1 · 238 m² | 16.4 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0830.868.841
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