ROUSSEL-BASTIN
ActiveThe annual accounts of ROUSSEL-BASTIN for fiscal year 2024 show a net loss of 86% of the equity at the start of that year. The 2024 annual accounts show equity of €1k and a net result of €-7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 7446 sector peers (fiscal year 2024). The company has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability5▼-78
Solvency32▼-33
Growth49▼-1
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.56 against 0.68 in 2023; short-term debt: 93.4% and cash: 25.3% of total assets), and 93.4% 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
6.6%
Return on assets
-42%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7446 sector peers (2024).
NBB · sector comparisonPosition among 7446 sector peers
Solvency
better than 9%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-08-2026, 370 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
370 d late
2023
92 d late
2022
57 d late
2021
69 d late
2020
61 d late
2019
76 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€180k▼ 2.6%
2023 · €185k
2018: €153k
2019: €147k
2020: €142k
2021: €149k
2022: €180k
2023: €185k
2018 → 2024
EBIT margin
-3.7%▼ 8.9pp
2023 · 5.2%
2018: 8.0%
2019: -0.1%
2020: 4.4%
2021: -3.9%
2022: 0.4%
2023: 5.2%
2018 → 2024
Net result
€-7k
2023 · €9k
2018: €11k
2019: €-916
2020: €6k
2021: €-6k
2022: €199
2023: €9k
2018 → 2024
Working capital
€-6k▼ 77.7%
2023 · €-4k
2018: €-4k
2019: €-6k
2020: €-5k
2021: €-11k
2022: €-11k
2023: €-4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€142k-€149k▲ 5.6%€180k▲ 20.5%€185k▲ 2.5%€180k▼ 2.6%
Equity€4k-€-2k€-2k▲ 11.0%€8k€1k▼ 86.5%
Operating result€6k-€-6k€741€10k▲ 1,193%€-7k
Net result€6k-€-6k€199€9k▲ 4,571%€-7k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €10k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16k
Fixed assets
€8k▼ 33.8%
Current assets
€8k▲ 5.8%
Equity and liabilities €16k
Equity
€1k▼ 86.5%
Debt
€15k▲ 28.5%
The debt ratio rises from 60.0% to 93.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €13k
Cash flow
€-3k▼
2023 · €13k
Solvency
6.6%▼
2023 · 40.0%
Current ratio
0.56▼
2023 · 0.68
Quick ratio
0.56▼
2023 · 0.68
Debt / equity
14.23▲
2023 · 1.50
ROE
-639.4%▼
2023 · 120.9%
ROA
-42.0%▼
2023 · 48.4%
Interest coverage
-4.64▼
2023 · 15.66
Debt
€15k▲
2023 · €12k
Debt ≤ 1 year
€15k▲
2023 · €12k
Staff costs
€82k▲
2023 · €50k
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€19k€16k▼
Fixed assets21/28€11k€8k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€8k€8k▲
Amounts receivable within one year40/41€4k€4k▼
Trade receivables40€1k€3k▲
Other amounts receivable41€3k€1k▼
Cash at bank and in hand54/58€3k€4k▲
Deferred charges and accrued income490/1€194€196▲
Equity and liabilities
Total equity and liabilities10/49€19k€16k▼
Equity10/15€8k€1k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-13k€-19k▼
Amounts payable17/49€12k€15k▲
Amounts payable within one year42/48€12k€15k▲
Trade debts44€882€5k▲
Suppliers440/4€882€5k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€2k€57▼
Remuneration and social security454/9€1k€2k▲
Other amounts payable47/48€8k€8k=
Income statement
Code20232024
Turnover70€185k€180k▼
Goods, raw materials, services and sundry goods60/61€121k€99k▼
Remuneration, social security and pensions62€50k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€64k€81k▲
Operating profit (loss)9901€10k€-7k▼
Financial income75/76B€916€612▼
Recurring financial income75€916€612▼
Financial charges65/66B€987€610▼
Recurring financial charges65€817€609▼
Non-recurring financial charges66B€170€0▼
Profit (loss) for the period before taxes9903€10k€-7k▼
Income taxes67/77€213-
Profit (loss) for the period9904€9k€-7k▼
Profit (loss) for the period to be appropriated9905€9k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-19k▼
Profit (loss) brought forward from the previous period14P€-22k€-13k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 370 days late
2024
31-12
Financial
Weakest financial yearnet €-7k ▼172%
Net result drops to €-7k, the lowest in the series.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Back to profitnet €199
Net result €199 after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 69 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
15-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 76 days late
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 44 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
06-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 37 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Thuin · 1 establishment unit since 1974
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 Reumont(THL) 16536 ThuinGround area
2,408 m²
Building footprint
198 m²
Volume, LiDAR
1,489 m³
2 parcels, Wallonia · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Bois de Lobbes 290, 6060 Charleroi
since 19742.037.753.333
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56077A0074/00H000 | Wallonia | 1,977 m² | 1 · 169 m² | 10.5 m · 3 fl. |
| 52342A0181/00W002 | Wallonia | 431 m² | 1 · 29 m² | 8.9 m · 3 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
ABS DUCHEYNE
BE 0506.951.296
Lier · Eq €1k
SMITH-MORRA
BE 0801.390.244
Gent · Eq €1k
DAKWERKEN BART HEYLEN
BE 0808.704.440
Westerlo · Eq €1k
Van Thielen Dakwerken
BE 1011.156.803
Nijlen · Eq €1k
TESP WATERPROOF
BE 0782.321.133
Balen · Eq €954
Of 8,563 companies in sector 43410 we hold annual accounts for 4,355. 363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-1974
Fiscal year end31-12
Activities, NACEBEL
43410Roofing work
45220
43221Plumbing work
43320Joinery installation
45332
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.