ROVAN
ActiveSummary
The annual accounts of ROVAN for financial 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 about 13% per year across the filed financial years. The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €179,907
- Loss
- -€185,421
- ROBBERECHTS Eric Emiel AngèleDirector
- ROBERRECHTS LucDirector
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthslowers riskSize: total assets €3.8mFigures for financial year 2025 (filed 02-07-2026)No main activity registeredShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 16% on solvency, 36% on liquidity, 6% on profitability and 6% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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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.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet -€185,421
- Registered officeRegistered-office move
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €53,174 in 2025 against €45,886 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 819 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94.7% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a small loss
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 819 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,448 | €31,947 | €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 | €9,289 | €18,507 | €24,504 | -€269 | -€18,989 | -€7,901 | €48,655 | - |
| Operating profit (loss)9901 | -€47,540 | -€15,486 | -€10,802 | -€35,659 | -€55,104 | -€45,886 | -€53,174 | ▼ 15.9% |
| Financial income75/76B | - | - | - | €18 | €9 | €75 | €4 | ▼ 95.3% |
| Recurring financial income75 | - | €1 | - | €18 | €9 | €75 | €4 | ▼ 95.3% |
| Financial charges65/66B | - | - | €7,787 | €16,106 | €52,693 | €96,512 | €132,073 | ▲ 36.8% |
| Recurring financial charges65 | €7,524 | €7,838 | €7,787 | €16,106 | €52,693 | €96,512 | €132,073 | ▲ 36.8% |
| Profit (loss) for the period before taxes9903 | -€55,064 | -€23,323 | -€18,588 | -€51,747 | -€107,788 | -€142,322 | -€185,244 | ▼ 30.2% |
| Income taxes67/77 | €145 | €110 | €96 | €149 | €164 | €174 | €177 | ▲ 1.6% |
| Profit (loss) for the period9904 | -€55,209 | -€23,433 | -€18,684 | -€51,896 | -€107,953 | -€142,497 | -€185,421 | ▼ 30.1% |
| Profit (loss) for the period to be appropriated9905 | -€55,209 | -€23,433 | -€18,684 | -€51,896 | -€107,953 | -€142,497 | -€185,421 | ▼ 30.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.9m | €0.8m | €0.8m | €1.7m | €2.3m | €3.4m | €3.8m | ▲ 14.4% |
| Fixed assets21/28 | €0.7m | €0.8m | €0.7m | €1.3m | €1.9m | €3.3m | €3.7m | ▲ 12.3% |
| Tangible fixed assets22/27 | €0.7m | €0.8m | €0.7m | €1.3m | €1.9m | €3.3m | €3.7m | ▲ 12.3% |
| Land and buildings22 | - | - | €0.7m | €0.6m | €0.6m | €0.6m | €3.7m | ▲ 544% |
| Furniture and vehicles24 | - | - | €311 | €201 | €0.003m | €0.001m | €0 | ▼ 100% |
| Assets under construction and advance payments27 | - | - | €0.05m | €0.7m | €1.2m | €2.7m | €0 | ▼ 100% |
| Current assets29/58 | €0.2m | €0.09m | €0.1m | €0.4m | €0.4m | €0.04m | €0.1m | ▲ 182% |
| Stocks and contracts in progress3 | - | - | - | €0.2m | €0.4m | €0 | - | - |
| Stocks30/36 | - | - | - | €0.2m | €0.4m | €0 | - | - |
| Amounts receivable within one year40/41 | €53 | €53 | €0.002m | €0.002m | - | - | - | - |
| Trade receivables40 | - | - | €0.002m | €0.002m | - | - | - | - |
| Other amounts receivable41 | - | - | €20 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.09m | €0.1m | €0.2m | €0.03m | €0.04m | €0.1m | ▲ 210% |
| Deferred charges and accrued income490/1 | - | - | €0.002m | €0.004m | €0.002m | €0.005m | €0.004m | ▼ 22.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.9m | €0.8m | €0.8m | €1.7m | €2.3m | €3.4m | €3.8m | ▲ 14.4% |
| Equity10/15 | €0.7m | €0.7m | €0.7m | €0.6m | €0.5m | €0.4m | €0.2m | ▼ 50.8% |
| Contributions10/11 | €0.8m | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Profit (loss) carried forward14 | -€0.06m | -€0.08m | -€0.1m | -€0.1m | -€0.3m | -€0.4m | -€0.6m | ▼ 46.4% |
| Amounts payable17/49 | €0.2m | €0.2m | €0.2m | €1.1m | €1.8m | €3.0m | €3.7m | ▲ 22.3% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.4m | €0.5m | €1.7m | €2.9m | ▲ 64.3% |
| Financial debts170/4 | - | - | - | - | - | €1.2m | €1.2m | ▼ 5.3% |
| Other amounts payable178/9 | - | - | €0.2m | €0.4m | €0.5m | €0.5m | €1.7m | ▲ 226% |
| Amounts payable within one year42/48 | €0.03m | €0.008m | €0.007m | €0.7m | €1.3m | €1.2m | €0.8m | ▼ 37.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €0.05m | €0.6m | ▲ 12× |
| Financial debts43 | - | - | - | €0.7m | €1.3m | €1.1m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.7m | €1.3m | €1.1m | €0 | ▼ 100% |
| Trade debts44 | €0.02m | €0.001m | €0.001m | €0.01m | €0.01m | €0.02m | €0.09m | ▲ 383% |
| Suppliers440/4 | - | - | €0.001m | €0.01m | €0.01m | €0.02m | €0.09m | ▲ 383% |
| Taxes, remuneration and social security45 | - | - | €0.002m | €0.004m | €0.007m | €0.009m | €0.02m | ▲ 82.1% |
| Taxes450/3 | - | - | €0.002m | €0.004m | €0.007m | €0.009m | €0.02m | ▲ 82.1% |
| Other amounts payable47/48 | - | - | €0.004m | €0.008m | €0.02m | €0.04m | €0.07m | ▲ 72.3% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €0.01m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.06m | -€0.02m | -€0.02m | -€0.05m | -€0.1m | -€0.1m | -€0.2m | ▼ 30.1% |
| + Depreciation and write-downs630 | €0.05m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.1m | ▲ 182% |
| Operating cash flow (approximation) | -€0.003m | €0.009m | €0.01m | -€0.02m | -€0.07m | -€0.1m | -€0.09m | ▲ 19.2% |
| Investment in fixed assets (approximation) | - | -€0.06m | -€329 | -€0.7m | -€0.5m | -€1.5m | -€0.5m | ▲ 66.0% |
| Change in cash | - | -€0.07m | €0.01m | €0.06m | -€0.1m | €0.005m | €0.07m | ▲ 15× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 02-07-2026 | 2026-00252416 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00216455 |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00142174 |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00108909 |
| 31-12-2021 | micro format | 08-06-2022 | 2022-20050759 |
| 31-12-2020 | micro format | 06-07-2021 | 2021-31800540 |
| 31-12-2019 | micro format | 23-07-2020 | 2020-34600385 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| ROBBERECHTS Eric Emiel Angèle |
|
| ROBERRECHTS Luc |
|
Owners and capital
Capital and shareholders
- ROBBERECHTS Luc Emiel Maria 255 shares
- ROBBERECHTS Eric Emiel Angèle 255 shares
- ROBBERECHTS Ilse Louise Jean 255 shares
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 27-10-2022 Converted to unavailable equity · €765,000
Group and network
Connections & network
1 connected companyThe connected companies are in the list below.
History
Acts, filings and financial milestones
14-08
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 31-07-2025
- Registered-office move, St.-Niklaasstraat 20,1840 Londerzeel
27-10
Gazette deed
Resignations: ROBBERECHTS Eric Emiel Angèle (manager) and ROBERRECHTS Luc (manager)Appointments: ROBBERECHTS Eric Emiel Angèle (director) and ROBERRECHTS Luc (director) · Shareholding · Capital12 facts ▸
- General meeting, 17-10-2022
- Shareholding, 17-10-2022, 255 (3 times)
- Capital (2 times)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Capital, €765,000
- Director resignation, ROBBERECHTS Eric Emiel Angèle (manager (not named in the articles))
- Director resignation, ROBERRECHTS Luc (manager (not named in the articles))
- Director appointment, ROBBERECHTS Eric Emiel Angèle (director (not named in the articles))
- Director appointment, ROBERRECHTS Luc (director (not named in the articles))
- Other provision, “kwijting ontslagnemende bestuurder, volgende jaarvergadering” (deed in Dutch)
About the unread acts
Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23080B0062/00S000 | Flanders | 3,079 m² | - | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het kopen en verkopen,huren en verhuren,doen bouwen en doen verbouwen van alle mogelijk onroerende goederen,zowel bebouwd als onbebouwd,met…” (deed in Dutch)
5 activities (deed in Dutch)
- Het kopen en verkopen,huren en verhuren,doen bouwen en doen verbouwen van alle mogelijk onroerende goederen,zowel bebouwd als onbebouwd,met inbegrip van het aangaan gelijk welk soort van leasing-,opstal- en erfpachtcontracten.
- Het ter beschikking stellen aan andere vennootschappen en ondernemingen onder gelijk welke vorm en onder meer de vorm van verkoop,verhuur,opstal,vruchtgebruik en leasing,van alle bedrijfsmiddelen,met inbegrip van bebouwde en onbebouwde onroerende goederen.
- Het uitvoeren van deelopdrachten en managementfuncties ten behoeve van andere vennootschappen,verenigingen en ondernemingen,met inbegrip van het uitoefenen van de functie van bestuurder of vereffenaar van andere vennootschappen,en dit zowel voor eigen rekening als voor rekening van derden.
- Het beheren doch uitsluitend voor eigen rekening van roerende goederen in het algemeen en van portefeuilles in het bijzonder.
- Alle industriële,commerciële en financiële verrichtingen zowel betreffende roerende als onroerende goederen,die rechtstreeks of onrechtstreeks met het bovenstaande verband houden of de verwezenlijking ervan kunnen bevorderen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ROVAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 11. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, met of zonder beperking van duur” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s),naar evenredigheid aantal bij meerdere kopers, elke overdracht onder levenden,ten bezwarende en kosteloze…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Overblijvende aandelen eerst aan andere aandeelhouders die recht volledig uitoefenden tot plaatsing volledig of geen gebruik meer, 15” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen andere…” (deed in Dutch)