ROTACOL
ActiveROTACOL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.65M and a net result of €243k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 95% of 79 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 4.89 against 4.26 in 2023; short-term debt: 20.2% and cash: 13.7% of total assets), and 20.2% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Sector 17
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
79.8%
Return on assets
11.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
27 d early
2022
25 d early
2021
18 d early
2020
46 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€243k▼ 15.0%
2023 · €286k
2018: €297k
2019: €267k
2020: €264k
2021: €263k
2022: €214k
2023: €286k
2018 → 2024
Working capital
€1.62M▲ 1.3%
2023 · €1.60M
2018: €1.82M
2019: €1.77M
2020: €1.75M
2021: €1.54M
2022: €1.56M
2023: €1.60M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.79M-€1.61M▼ 10.4%€1.62M▲ 0.9%€1.66M▲ 2.2%€1.65M▼ 0.4%
Operating result€335k-€337k▲ 0.7%€391k▲ 15.9%€308k▼ 21.2%€278k▼ 9.6%
Net result€264k-€263k▼ 0.4%€214k▼ 18.5%€286k▲ 33.3%€243k▼ 15.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 10% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.07M
Fixed assets
€31k▼ 47.9%
Current assets
€2.03M▼ 2.5%
Equity and liabilities €2.07M
Equity
€1.65M▼ 0.4%
Debt
€416k▼ 15.1%
The debt ratio falls from 22.8% to 20.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€296k▼
2023 · €324k
Cash flow
€260k▼
2023 · €302k
Solvency
79.8%▲
2023 · 77.2%
Current ratio
4.89▲
2023 · 4.26
Quick ratio
3.59▲
2023 · 2.87
Debt / equity
0.25▼
2023 · 0.30
ROE
14.7%▼
2023 · 17.3%
ROA
11.8%▼
2023 · 13.3%
Interest coverage
-11.02▼
2023 · -7.52
Debt
€416k▼
2023 · €490k
Debt ≤ 1 year
€416k▼
2023 · €490k
Income taxes
€71k▼
2023 · €86k
Staff costs
€309k▼
2023 · €346k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.15M€2.07M▼
Fixed assets21/28€60k€31k▼
Tangible fixed assets22/27€46k€31k▼
Land and buildings22€25k€24k▼
Plant, machinery and equipment23€460€1k▲
Furniture and vehicles24€21k€6k▼
Financial fixed assets28€13k€500▼
Current assets29/58€2.09M€2.03M▼
Stocks and contracts in progress3€679k€540k▼
Stocks30/36€679k€540k▼
Amounts receivable within one year40/41€318k€341k▲
Trade receivables40€278k€288k▲
Other amounts receivable41€40k€53k▲
Current investments50/53€738k€867k▲
Cash at bank and in hand54/58€348k€283k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€2.15M€2.07M▼
Equity10/15€1.66M€1.65M▼
Contributions10/11€255k€255k=
Capital10€255k€255k=
Issued capital100€255k€255k=
Reserves13€1.40M€1.39M▼
Non-distributable reserves130/1€26k€26k=
Legal reserve130€26k€26k=
Tax-exempt reserves132€30k€30k=
Distributable reserves133€1.35M€1.34M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€490k€416k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€490k€416k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€102k€71k▼
Suppliers440/4€102k€71k▼
Taxes, remuneration and social security45€88k€95k▲
Taxes450/3€55k€63k▲
Remuneration and social security454/9€33k€33k▼
Other amounts payable47/48€301k€250k▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€346k€309k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€8k€9k▲
Gross operating margin9900€678k€614k▼
Operating profit (loss)9901€308k€278k▼
Financial income75/76B€21k€8k▼
Recurring financial income75€21k€8k▼
Financial charges65/66B€-43k€-27k▲
Recurring financial charges65€-43k€-27k▲
Profit (loss) for the period before taxes9903€372k€313k▼
Income taxes67/77€86k€71k▼
Profit (loss) for the period9904€286k€243k▼
Profit (loss) for the period to be appropriated9905€286k€243k▼
Appropriation of the result
Profit (loss) to be appropriated9906€286k€243k▼
Transfer from equity791/2-€7k
Transfer to equity691/2€36k€0▼
To other reserves6921€36k€0▼
Profit to be distributed694/7€250k€250k=
Return on contributions (dividend)694€250k€250k=
Social balance
Average headcount (FTE)90877.17.1=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €214k ▼18.5%
Net result drops to €214k, the lowest in the series; recovery starts the following year.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Andenne · 1 establishment unit since 1993
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.
Rue de Leuze 379A5300 AndenneGround area
7,370 m²
Building footprint
859 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de Leuze 379, 5300 Andenne
since 19932.063.187.525
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92130B0290/00P006 | Wallonia | 4,032 m² | 1 · 69 m² | - |
| 92130B0290/00M005 | Wallonia | 3,338 m² | 1 · 790 m² | - |
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
Mavane
BE 0402.681.147
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SAC O2
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Deinze · Eq €1.73M
BRANGS EN HEINRICH
BE 0444.551.988
Dison · Eq €1.73M
Belgian Paper Convertors
BE 0451.618.934
Sint-Katelijne-Waver · Eq €1.87M
packaging4professionals
BE 0629.886.722
Charleroi · Eq €1.33M
Of 125 companies in sector 17120 we hold annual accounts for 92. 54 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-08-1993
Fiscal year end31-12
Activities, NACEBEL
17120Manufacture of paper and paper products
21121
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.