ROVANDE
ActiveROVANDE has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €410k and a net result of €-17k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 61% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67=
Solvency69▼-21
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.38 in 2024; short-term debt: 25.6% and cash: 1.5% of total assets), and 56.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-17k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
4 d early
2023
7 d early
2022
11 d early
2021
3 d early
2020
13 d early
2019
56 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€410k▼ 3.9%
2024 · €427k
2019: €36k
2020: €30k
2021: €451k
2022: €443k
2023: €435k
2024: €427k
2019 → 2025
Total assets
€941k▲ 43.5%
2024 · €656k
2019: €277k
2020: €250k
2021: €795k
2022: €777k
2023: €669k
2024: €656k
2019 → 2025
Net result
€-17k▼ 118%
2024 · €-8k
2019: €30k
2020: €-7k
2021: €421k
2022: €-8k
2023: €-8k
2024: €-8k
2019 → 2025
Working capital
€-221k▼ 263%
2024 · €-61k
2019: €-211k
2020: €-199k
2021: €-73k
2022: €-84k
2023: €-73k
2024: €-61k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€451k-€443k▼ 1.8%€435k▼ 1.9%€427k▼ 1.8%€410k▼ 3.9%
Operating result€557k-€-11k€-11k▼ 1.2%€-10k▲ 7.8%€-19k▼ 91.8%
Net result€421k-€-8k€-8k▼ 1.0%€-8k▲ 7.6%€-17k▼ 118%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €941k
Fixed assets
€921k▲ 48.9%
Current assets
€20k▼ 45.7%
Equity and liabilities €941k
Equity
€410k▼ 3.9%
Provisions
€127k▼ 2.5%
Debt
€404k▲ 308%
The debt ratio rises from 15.1% to 43.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €13k
Cash flow
€15k▲
2024 · €15k
Solvency
43.6%▼
2024 · 65.1%
Current ratio
0.08▼
2024 · 0.38
Quick ratio
0.08▼
2024 · 0.38
Debt / equity
0.99▲
2024 · 0.23
ROE
-4.1%▼
2024 · -1.8%
ROA
-1.8%▼
2024 · -1.2%
Interest coverage
13.30▼
2024 · 38.47
Debt
€404k▲
2024 · €99k
Debt ≤ 1 year
€241k▲
2024 · €98k
Debt > 1 year
€163k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€656k€941k▲
Fixed assets21/28€618k€921k▲
Tangible fixed assets22/27€618k€921k▲
Land and buildings22€618k€921k▲
Current assets29/58€37k€20k▼
Amounts receivable within one year40/41€4k€5k▲
Trade receivables40€3k€3k=
Other amounts receivable41€439€1k▲
Current investments50/53€2€2▼
Cash at bank and in hand54/58€33k€14k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€656k€941k▲
Equity10/15€427k€410k▼
Contributions10/11€19k€19k=
Reserves13€391k€381k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€389k€380k▼
Profit (loss) carried forward14€17k€10k▼
Provisions and deferred taxes16€130k€127k▼
Deferred taxes168€130k€127k▼
Amounts payable17/49€99k€404k▲
Amounts payable after more than one year17-€163k
Financial debts170/4-€163k
Amounts payable within one year42/48€98k€241k▲
Current portion of amounts payable after more than one year42-€16k
Trade debts44-€85
Suppliers440/4-€85
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€98k€224k▲
Accrued charges and deferred income492/3€1k€194▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€32k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€15k€15k▲
Operating profit (loss)9901€-10k€-19k▼
Financial charges65/66B€329€954▲
Recurring financial charges65€329€954▲
Profit (loss) for the period before taxes9903€-10k€-20k▼
Transfer from deferred taxes780€3k€3k▲
Income taxes67/77€561-
Profit (loss) for the period9904€-8k€-17k▼
Transfer from tax-exempt reserves789€9k€10k▲
Profit (loss) for the period to be appropriated9905€2k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€10k▼
Profit (loss) brought forward from the previous period14P€15k€17k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €421k
Net result €421k after one loss-making year.
30-06
Financial
Equity above €200kEq €451k ▲1411%
Equity rises from €30k to €451k.
18-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
06-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Genesius-Rode · 1 establishment unit since 1992
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.
Dreef 18 A1640 Sint-Genesius-RodeGround area
1,353 m²
Building footprint
285 m²
Volume, LiDAR
1,925 m³
2 parcels, Flanders, Wallonia · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Ontario 3, 1410 Waterloo
since 19922.046.613.886
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762G0688/00D000 | Wallonia | 1,046 m² | 1 · 189 m² | 7.9 m · 2 fl. |
| 22004C0847/00R002 | Flanders | 307 m² | 1 · 96 m² | 12.8 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
Société immobilière et commerciale Sorial
BE 0406.512.350
Sint-Lambrechts-Woluwe · Eq €410k
Cirque Central
BE 0690.767.088
Lievegem · Eq €409k
Neurinvest
BE 0774.568.457
Ninove · Eq €409k
GREEN AVENUE ESTATES
BE 0770.678.361
Ingelmunster · Eq €409k
PATICO
BE 0756.946.230
Herentals · Eq €408k
Of 3,765 companies in sector 68321 we hold annual accounts for 1,390. 936 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-1989
Fiscal year end30-06
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.