Rovapack
ActiveSummary
Rovapack has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €23k. Equity is growing by ~21% per year across the filed fiscal years. Its solvency ranks better than 38% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77=
Solvency52▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.23 in 2024; short-term debt: 65.7% and cash: 5.4% of total assets), and 73.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
26.6%
Return on assets
6.6%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
3 d early
2023
27 d late
2022
6 d early
2021
11 d early
2020
9 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▲ 16.0%
2024 · €79k
2018: €11klowest in 8 years
2019: €25k▲ +118% vs 2018
2020: €38k▲ +54.2% vs 2019
2021: €48k▲ +25.9% vs 2020
2022: €58k▲ +21.4% vs 2021
2023: €71k▲ +22.4% vs 2022
2024: €79k▲ +10.9% vs 2023
2025: €91k▲ +16.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€343k▼ 1.4%
2024 · €348k
2018: €179klowest in 8 years
2019: €188k▲ +4.8% vs 2018
2020: €198k▲ +5.3% vs 2019
2021: €340k▲ +72.3% vs 2020
2022: €325k▼ -4.5% vs 2021
2023: €341k▲ +4.8% vs 2022
2024: €348k▲ +2.0% vs 2023highest in 8 years
2025: €343k▼ -1.4% vs 2024
2018 → 2025
Net result
€23k▲ 2.0%
2024 · €22k
2018: €-4klowest in 8 years
2019: €13k▲ +448% vs 2018
2020: €13k▲ +0.3% vs 2019
2021: €10k▼ -26.4% vs 2020
2022: €10k▲ +4.1% vs 2021
2023: €13k▲ +27.1% vs 2022
2024: €22k▲ +70.9% vs 2023
2025: €23k▲ +2.0% vs 2024highest in 8 years
2018 → 2025
Working capital
€78k▲ 49.6%
2024 · €52k
2018: €-5klowest in 8 years
2019: €10k▲ +291% vs 2018
2020: €21k▲ +107% vs 2019
2021: €20k▼ -2.8% vs 2020
2022: €23k▲ +12.5% vs 2021
2023: €56k▲ +149% vs 2022
2024: €52k▼ -7.0% vs 2023
2025: €78k▲ +49.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€48k-€58k▲ 21.4%€71k▲ 22.4%€79k▲ 10.9%€91k▲ 16.0%
2021: €48klowest in 5 years
2022: €58k▲ +21.4% vs 2021
2023: €71k▲ +22.4% vs 2022
2024: €79k▲ +10.9% vs 2023
2025: €91k▲ +16.0% vs 2024highest in 5 years
Operating result€20k-€24k▲ 19.4%€29k▲ 17.7%€43k▲ 51.6%€44k▲ 2.5%
2021: €20klowest in 5 years
2022: €24k▲ +19.4% vs 2021
2023: €29k▲ +17.7% vs 2022
2024: €43k▲ +51.6% vs 2023
2025: €44k▲ +2.5% vs 2024highest in 5 years
Net result€10k-€10k▲ 4.1%€13k▲ 27.1%€22k▲ 70.9%€23k▲ 2.0%
2021: €10klowest in 5 years
2022: €10k▲ +4.1% vs 2021
2023: €13k▲ +27.1% vs 2022
2024: €22k▲ +70.9% vs 2023
2025: €23k▲ +2.0% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €343k
Fixed assets
€39k ▼ 41.2%
Current assets
€303k ▲ 8.1%
Equity and liabilities €343k
Equity
€91k ▲ 16.0%
Debt
€252k ▼ 6.5%
Debt's share of the balance-sheet total falls from 77.4% to 73.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€73k▲
2024 · €72k
Cash flow
€52k▲
2024 · €51k
Current ratio
1.35▲
2024 · 1.23
Quick ratio
0.56▼
2024 · 0.58
Debt to equity
2.76▼
2024 · 3.43
ROE
24.8%▼
2024 · 28.2%
ROA
6.6%▲
2024 · 6.4%
Interest coverage
7.01▼
2024 · 7.05
Debt ≤ 1 year
€225k▼
2024 · €228k
Debt > 1 year
€25k▼
2024 · €41k
Income taxes
€12k▲
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€348k€343k▼
Fixed assets21/28€67k€39k▼
Tangible fixed assets22/27€67k€39k▼
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€57k€31k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€281k€303k▲
Stocks and contracts in progress3€148k€178k▲
Stocks30/36€148k€178k▲
Amounts receivable within one year40/41€117k€107k▼
Trade receivables40€113k€101k▼
Other amounts receivable41€3k€5k▲
Current investments50/53€0-
Cash at bank and in hand54/58€16k€19k▲
Equity and liabilities
Total equity and liabilities10/49€348k€343k▼
Equity10/15€79k€91k▲
Contributions10/11€50k€50k=
Reserves13€52k€60k▲
Non-distributable reserves130/1€0-
Own shares acquired1312€0-
Distributable reserves133€52k€60k▲
Profit (loss) carried forward14€-24k€-19k▲
Amounts payable17/49€269k€252k▼
Amounts payable after more than one year17€41k€25k▼
Financial debts170/4€41k€25k▼
Amounts payable within one year42/48€228k€225k▼
Current portion of amounts payable after more than one year42€30k€25k▼
Financial debts43€31k€4k▼
Credit institutions430/8€31k€4k▼
Trade debts44€136k€147k▲
Suppliers440/4€136k€147k▲
Taxes, remuneration and social security45€12k€5k▼
Taxes450/3€8k€502▼
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€20k€46k▲
Accrued charges and deferred income492/3-€909
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k€0▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€78k€75k▼
Operating profit (loss)9901€43k€44k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€10k€10k▲
Recurring financial charges65€10k€10k▲
Profit (loss) for the period before taxes9903€34k€35k▲
Income taxes67/77€12k€12k▲
Profit (loss) for the period9904€22k€23k▲
Profit (loss) for the period to be appropriated9905€22k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-1k▲
Profit (loss) brought forward from the previous period14P€-29k€-24k▲
Transfer from equity791/2-€10k
Transfer to equity691/2€17k€18k▲
To other reserves6921€17k€18k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €15k | €20k | €28k | €29k | ▲ 2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €3k | €0 | ▼ 100% |
| Other operating charges640/8 | €3k | €2k | €2k | €3k | €2k | ▼ 35.0% |
| Gross operating margin9900 | €28k | €41k | €50k | €78k | €75k | ▼ 2.6% |
| Operating profit (loss)9901 | €20k | €24k | €29k | €43k | €44k | ▲ 2.5% |
| Financial income75/76B | €986 | €1k | €704 | €1k | €1k | ▲ 10.4% |
| Recurring financial income75 | €986 | €1k | €704 | €1k | €1k | ▲ 10.4% |
| Financial charges65/66B | €6k | €5k | €9k | €10k | €10k | ▲ 3.1% |
| Recurring financial charges65 | €6k | €5k | €9k | €10k | €10k | ▲ 3.1% |
| Profit (loss) for the period before taxes9903 | €16k | €20k | €20k | €34k | €35k | ▲ 2.6% |
| Income taxes67/77 | €6k | €10k | €7k | €12k | €12k | ▲ 3.7% |
| Profit (loss) for the period9904 | €10k | €10k | €13k | €22k | €23k | ▲ 2.0% |
| Profit (loss) for the period to be appropriated9905 | €10k | €10k | €13k | €22k | €23k | ▲ 2.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €340k | €325k | €341k | €348k | €343k | ▼ 1.4% |
| Fixed assets21/28 | €58k | €63k | €70k | €67k | €39k | ▼ 41.2% |
| Tangible fixed assets22/27 | €58k | €63k | €70k | €67k | €39k | ▼ 41.2% |
| Plant, machinery and equipment23 | €2k | €2k | €1k | €2k | €2k | ▲ 7.2% |
| Furniture and vehicles24 | €45k | €52k | €61k | €57k | €31k | ▼ 45.9% |
| Other tangible fixed assets26 | €11k | €9k | €8k | €8k | €6k | ▼ 18.6% |
| Current assets29/58 | €283k | €263k | €271k | €281k | €303k | ▲ 8.1% |
| Stocks and contracts in progress3 | €76k | €120k | €127k | €148k | €178k | ▲ 20.2% |
| Stocks30/36 | €76k | €120k | €127k | €148k | €178k | ▲ 20.2% |
| Amounts receivable within one year40/41 | €188k | €141k | €120k | €117k | €107k | ▼ 8.6% |
| Trade receivables40 | €184k | €137k | €113k | €113k | €101k | ▼ 10.3% |
| Other amounts receivable41 | €4k | €3k | €7k | €3k | €5k | ▲ 47.6% |
| Current investments50/53 | - | - | €14k | €0 | - | - |
| Cash at bank and in hand54/58 | €18k | €2k | €10k | €16k | €19k | ▲ 18.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €340k | €325k | €341k | €348k | €343k | ▼ 1.4% |
| Equity10/15 | €48k | €58k | €71k | €79k | €91k | ▲ 16.0% |
| Contributions10/11 | €50k | €50k | €50k | €50k | €50k | = |
| Reserves13 | €25k | €35k | €50k | €52k | €60k | ▲ 14.5% |
| Non-distributable reserves130/1 | - | - | €14k | €0 | - | - |
| Own shares acquired1312 | - | - | €14k | €0 | - | - |
| Distributable reserves133 | €25k | €35k | €35k | €52k | €60k | ▲ 14.5% |
| Profit (loss) carried forward14 | €-27k | €-27k | €-29k | €-24k | €-19k | ▲ 21.0% |
| Amounts payable17/49 | €293k | €267k | €270k | €269k | €252k | ▼ 6.5% |
| Amounts payable after more than one year17 | €30k | €27k | €55k | €41k | €25k | ▼ 37.6% |
| Financial debts170/4 | €30k | €27k | €55k | €41k | €25k | ▼ 37.6% |
| Amounts payable within one year42/48 | €263k | €240k | €215k | €228k | €225k | ▼ 1.3% |
| Current portion of amounts payable after more than one year42 | €14k | €20k | €26k | €30k | €25k | ▼ 15.8% |
| Financial debts43 | €37k | €36k | €42k | €31k | €4k | ▼ 88.5% |
| Credit institutions430/8 | €37k | €36k | €42k | €31k | €4k | ▼ 88.5% |
| Trade debts44 | €180k | €171k | €138k | €136k | €147k | ▲ 7.8% |
| Suppliers440/4 | €180k | €171k | €138k | €136k | €147k | ▲ 7.8% |
| Taxes, remuneration and social security45 | €17k | €10k | €9k | €12k | €5k | ▼ 62.5% |
| Taxes450/3 | €13k | €6k | €5k | €8k | €502 | ▼ 93.7% |
| Remuneration and social security454/9 | €4k | €4k | €4k | €4k | €4k | = |
| Other amounts payable47/48 | €15k | €4k | €275 | €20k | €46k | ▲ 126% |
| Accrued charges and deferred income492/3 | - | - | - | - | €909 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €10k | €13k | €22k | €23k | ▲ 2.0% |
| + Depreciation and write-downs630 | €5k | €15k | €20k | €28k | €29k | ▲ 2.4% |
| Operating cash flow (approximation) | €15k | €25k | €33k | €51k | €52k | ▲ 2.2% |
| Investment in fixed assets (approximation) | - | €-20k | €-27k | €-26k | €-1k | ▲ 94.7% |
| Change in cash | - | €-16k | €8k | €6k | €3k | ▼ 50.1% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €23k ▲2%
Operating result €44k, net result €23k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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, Lier · 1 establishment unit since 2012
Ground area
8,457 m²
Building footprint
3,167 m²
Volume, LiDAR
17,719 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rovapack
since 20122.208.995.450
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0524/00F003 | Flanders | 5,001 m² | 1 · 1,011 m² | 7.6 m · 2 fl. |
| 12392A0524/00D003 | Flanders | 3,455 m² | 1 · 2,157 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,778 EUR awarded · 2,778 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 1,218 EUR |
| 2022 | 1 | 2,778 EUR | 1,560 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,503 companies in sector 46649 we hold annual accounts for 1,755. 1,026 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
46649Wholesale of other machinery and equipment
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
Scores and ratios are computed by Checked and are not a credit decision.