ROVAN
ActiveSummary
The annual accounts of ROVAN for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €179,907 and a net result of -€185,421. Equity is shrinking by ~13% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
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Signals
This company filed its last 7 accounts on average 35 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 820 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 820 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,212 | €32,593 | €33,598 | €34,990 | €98,510 | ▲ 182% |
| Other operating charges640/8 | €3,093 | €2,797 | €2,517 | €2,994 | €3,319 | ▲ 10.9% |
| Gross operating margin9900 | €24,504 | -€269 | -€18,989 | -€7,901 | €48,655 | ▲ 716% |
| Operating profit (loss)9901 | -€10,802 | -€35,659 | -€55,104 | -€45,886 | -€53,174 | ▼ 15.9% |
| Financial income75/76B | - | €18 | €9 | €75 | €4 | ▼ 95.3% |
| Recurring financial income75 | - | €18 | €9 | €75 | €4 | ▼ 95.3% |
| Financial charges65/66B | €7,787 | €16,106 | €52,693 | €96,512 | €132,073 | ▲ 36.8% |
| Recurring financial charges65 | €7,787 | €16,106 | €52,693 | €96,512 | €132,073 | ▲ 36.8% |
| Profit (loss) for the period before taxes9903 | -€18,588 | -€51,747 | -€107,788 | -€142,322 | -€185,244 | ▼ 30.2% |
| Income taxes67/77 | €96 | €149 | €164 | €174 | €177 | ▲ 1.6% |
| Profit (loss) for the period9904 | -€18,684 | -€51,896 | -€107,953 | -€142,497 | -€185,421 | ▼ 30.1% |
| Profit (loss) for the period to be appropriated9905 | -€18,684 | -€51,896 | -€107,953 | -€142,497 | -€185,421 | ▼ 30.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €824,435 | €1.7m | €2.3m | €3.4m | €3.8m | ▲ 14.4% |
| Fixed assets21/28 | €718,154 | €1.3m | €1.9m | €3.3m | €3.7m | ▲ 12.3% |
| Tangible fixed assets22/27 | €718,154 | €1.3m | €1.9m | €3.3m | €3.7m | ▲ 12.3% |
| Land and buildings22 | €668,043 | €643,175 | €610,219 | €577,264 | €3.7m | ▲ 544% |
| Furniture and vehicles24 | €311 | €201 | €3,446 | €1,411 | €0 | ▼ 100% |
| Assets under construction and advance payments27 | €49,800 | €693,120 | €1.2m | €2.7m | €0 | ▼ 100% |
| Current assets29/58 | €106,281 | €384,465 | €428,899 | €40,186 | €113,358 | ▲ 182% |
| Stocks and contracts in progress3 | - | €214,440 | €396,362 | €0 | - | - |
| Stocks30/36 | - | €214,440 | €396,362 | €0 | - | - |
| Amounts receivable within one year40/41 | €1,731 | €1,753 | - | - | - | - |
| Trade receivables40 | €1,711 | €1,753 | - | - | - | - |
| Other amounts receivable41 | €20 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €102,906 | €163,918 | €30,372 | €35,396 | €109,638 | ▲ 210% |
| Deferred charges and accrued income490/1 | €1,644 | €4,354 | €2,165 | €4,790 | €3,720 | ▼ 22.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €824,435 | €1.7m | €2.3m | €3.4m | €3.8m | ▲ 14.4% |
| Equity10/15 | €667,674 | €615,778 | €507,825 | €365,329 | €179,907 | ▼ 50.8% |
| Contributions10/11 | €765,000 | €765,000 | €765,000 | €765,000 | €765,000 | = |
| Profit (loss) carried forward14 | -€97,326 | -€149,222 | -€257,175 | -€399,671 | -€585,093 | ▼ 46.4% |
| Amounts payable17/49 | €156,761 | €1.1m | €1.8m | €3.0m | €3.7m | ▲ 22.3% |
| Amounts payable after more than one year17 | €150,000 | €425,000 | €450,000 | €1.7m | €2.9m | ▲ 64.3% |
| Financial debts170/4 | - | - | - | €1.2m | €1.2m | ▼ 5.3% |
| Other amounts payable178/9 | €150,000 | €425,000 | €450,000 | €525,000 | €1.7m | ▲ 226% |
| Amounts payable within one year42/48 | €6,761 | €680,183 | €1.3m | €1.2m | €770,701 | ▼ 37.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €49,013 | €585,408 | ▲ 1,094% |
| Financial debts43 | - | €657,679 | €1.3m | €1.1m | €0 | ▼ 100% |
| Credit institutions430/8 | - | €657,679 | €1.3m | €1.1m | €0 | ▼ 100% |
| Trade debts44 | €521 | €9,754 | €11,687 | €19,412 | €93,802 | ▲ 383% |
| Suppliers440/4 | €521 | €9,754 | €11,687 | €19,412 | €93,802 | ▲ 383% |
| Taxes, remuneration and social security45 | €2,360 | €4,426 | €7,488 | €9,316 | €16,961 | ▲ 82.1% |
| Taxes450/3 | €2,360 | €4,426 | €7,488 | €9,316 | €16,961 | ▲ 82.1% |
| Other amounts payable47/48 | €3,880 | €8,324 | €23,872 | €43,266 | €74,531 | ▲ 72.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | €10,836 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,684 | -€51,896 | -€107,953 | -€142,497 | -€185,421 | ▼ 30.1% |
| + Depreciation and write-downs630 | €32,212 | €32,593 | €33,598 | €34,990 | €98,510 | ▲ 182% |
| Operating cash flow (approximation) | €13,528 | -€19,304 | -€74,355 | -€107,506 | -€86,911 | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | -€650,934 | -€549,653 | -€1.5m | -€506,885 | ▲ 66.0% |
| Change in cash | - | €61,012 | -€133,546 | €5,024 | €74,242 | ▲ 1,378% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23080B0062/00S000 | Flanders | 3,079 m² | - | - |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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