Rover
ActiveSummary
The computed 12-month bankruptcy probability of Rover is 1.8% (moderate). The 2025 annual accounts show negative equity (-€17,047) and a net result of -€7,782. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 28184 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-2
Solvency0▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.79 in 2024; short-term debt: 143.9% and cash: 0.7% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-43.9%
Return on assets
-20%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€17,047
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
30 d early
2023
29 d early
2022
116 d early
2021
41 d early
2020
31 d late
2019
69 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 19 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€17,047▼ 84.0%
2024 · -€9,265
Total assets
€38,814▼ 24.3%
2024 · €51,243
Net result
-€7,782▼ 12.9%
2024 · -€6,894
Working capital
-€17,047▼ 34.4%
2024 · -€12,684
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6,173▲ 1,819%€10,915▲ 76.8%-€15,968-€4,259▲ 73.3%-€7,360▼ 72.8%
Net result€3,882within the sector's middle half▲ 5,275%€5,833within the sector's middle half▲ 50.3%-€16,512below the sector's middle half-€6,894below the sector's middle half▲ 58.3%-€7,782below the sector's middle half▼ 12.9%
Equity€8,307below the sector's middle half▲ 87.7%€14,140below the sector's middle half▲ 70.2%-€2,372below the sector's middle half-€9,265below the sector's middle half▼ 291%-€17,047below the sector's middle half▼ 84.0%
Total assets€45,144below the sector's middle half▲ 41.6%€31,588below the sector's middle half▼ 30.0%€21,192below the sector's middle half▼ 32.9%€51,243below the sector's middle half▲ 142%€38,814below the sector's middle half▼ 24.3%
Debt€36,837▲ 34.1%€17,448▼ 52.6%€23,564▲ 35.1%€60,508▲ 157%€55,861▼ 7.7%
Working capital€8,307▲ 87.7%€14,488▲ 74.4%-€7,048-€12,684▼ 80.0%-€17,047▼ 34.4%
Solvency18.4%below the sector's middle half▲ 4.5pp44.8%within the sector's middle half▲ 26.4pp-11.2%below the sector's middle half▼ 56.0pp-18.1%below the sector's middle half▼ 6.9pp-43.9%below the sector's middle half▼ 25.8pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
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 €7,360 in 2025 against €4,259 in 2024; the loss grows.
Key figures and ratios
EBITDA
-€7,360▼
2024 · -€3,051
Cash flow
-€7,782▼
2024 · -€5,686
Current ratio
0.69▼
2024 · 0.79
Quick ratio
0.18▼
2024 · 0.31
Debt to equity
-3.28▲
2024 · -6.53
ROA
-20.0%▼
2024 · -13.5%
Interest coverage
-17.47▼
2024 · -1.16
Debt ≤ 1 year
€55,861▼
2024 · €60,111
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,058 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% | 1.6% |
| 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 74% 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 6,035 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €53,975 | €25,630 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,016 | €1,208 | €0 | ▼ 100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €8,025 | €0 | - | - |
| Other operating charges640/8 | €1,135 | €439 | €348 | €50 | €66 | ▲ 32.4% |
| Non-recurring operating charges66A | €0 | - | - | - | €3,816 | - |
| Gross operating margin9900 | €61,283 | €36,984 | -€6,579 | -€3,002 | -€3,479 | ▼ 15.9% |
| Operating profit (loss)9901 | €6,173 | €10,915 | -€15,968 | -€4,259 | -€7,360 | ▼ 72.8% |
| Financial income75/76B | €194 | €155 | €0 | - | - | - |
| Recurring financial income75 | €194 | €155 | €0 | - | - | - |
| Financial charges65/66B | €669 | €846 | €528 | €2,634 | €421 | ▼ 84.0% |
| Recurring financial charges65 | €669 | €846 | €528 | €2,634 | €421 | ▼ 84.0% |
| Profit (loss) for the period before taxes9903 | €5,698 | €10,224 | -€16,496 | -€6,894 | -€7,782 | ▼ 12.9% |
| Income taxes67/77 | €1,816 | €4,391 | €16 | €0 | - | - |
| Profit (loss) for the period9904 | €3,882 | €5,833 | -€16,512 | -€6,894 | -€7,782 | ▼ 12.9% |
| Profit (loss) for the period to be appropriated9905 | €3,882 | €5,833 | -€16,512 | -€6,894 | -€7,782 | ▼ 12.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,144 | €31,588 | €21,192 | €51,243 | €38,814 | ▼ 24.3% |
| Fixed assets21/28 | - | - | €5,024 | €3,816 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | - | - | €5,024 | €3,816 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €5,024 | €3,816 | €0 | ▼ 100% |
| Current assets29/58 | €45,144 | €31,588 | €16,168 | €47,427 | €38,814 | ▼ 18.2% |
| Stocks and contracts in progress3 | - | - | - | €28,800 | €28,800 | = |
| Stocks30/36 | - | - | - | €28,800 | €28,800 | = |
| Amounts receivable within one year40/41 | €43,789 | €29,147 | €15,762 | €17,918 | €9,542 | ▼ 46.7% |
| Trade receivables40 | €8,411 | €13,931 | €0 | - | - | - |
| Other amounts receivable41 | €35,378 | €15,217 | €15,762 | €17,918 | €9,542 | ▼ 46.7% |
| Cash at bank and in hand54/58 | €12 | €2,441 | €407 | €708 | €287 | ▼ 59.5% |
| Deferred charges and accrued income490/1 | €1,343 | €0 | - | - | €185 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,144 | €31,588 | €21,192 | €51,243 | €38,814 | ▼ 24.3% |
| Equity10/15 | €8,307 | €14,140 | -€2,372 | -€9,265 | -€17,047 | ▼ 84.0% |
| Contributions10/11 | €1 | €1 | €1 | €1 | €1 | = |
| Reserves13 | €8,306 | €8,306 | €8,306 | €8,306 | €8,306 | = |
| Non-distributable reserves130/1 | €8,306 | €8,306 | €0 | - | - | - |
| Reserves not available under the articles1311 | €8,306 | €8,306 | €0 | - | - | - |
| Distributable reserves133 | €0 | - | €8,306 | €8,306 | €8,306 | = |
| Profit (loss) carried forward14 | - | €5,833 | -€10,679 | -€17,572 | -€25,354 | ▼ 44.3% |
| Amounts payable17/49 | €36,837 | €17,448 | €23,564 | €60,508 | €55,861 | ▼ 7.7% |
| Amounts payable within one year42/48 | €36,837 | €17,100 | €23,217 | €60,111 | €55,861 | ▼ 7.1% |
| Trade debts44 | €16,724 | €8,002 | €0 | €34,848 | €29,875 | ▼ 14.3% |
| Suppliers440/4 | €16,724 | €8,002 | €0 | €34,848 | €29,875 | ▼ 14.3% |
| Taxes, remuneration and social security45 | €20,113 | €6,207 | €3,962 | €0 | - | - |
| Taxes450/3 | €7,285 | €6,207 | €3,962 | €0 | - | - |
| Remuneration and social security454/9 | €12,828 | €0 | - | - | - | - |
| Other amounts payable47/48 | - | €2,891 | €19,254 | €25,263 | €25,986 | ▲ 2.9% |
| Accrued charges and deferred income492/3 | - | €348 | €348 | €397 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,882 | €5,833 | -€16,512 | -€6,894 | -€7,782 | ▼ 12.9% |
| + Depreciation and write-downs630 | - | - | €1,016 | €1,208 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €3,882 | €5,833 | -€15,496 | -€5,686 | -€7,782 | ▼ 36.9% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €3,816 | - |
| Change in cash | - | €2,429 | -€2,034 | €302 | -€422 | ▼ 240% |
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€16,512
Net result drops to -€16,512, the lowest in the series; recovery starts the following year.
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Back to profitnet €7,341
Net result €7,341 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
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.
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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, Oostende · 1 establishment unit since 2018
Ground area
1,916 m²
Building footprint
1,743 m²
Volume, LiDAR
7,050 m³
2 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
STK Technieken
since 20182.281.116.633
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35382B0032/00F007 | Flanders | 1,455 m² | 1 · 1,591 m² | 8.6 m · 1 fl. |
| 24054C0185/00T000 | Flanders | 460 m² | 1 · 152 m² | 9.7 m · 3 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.
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Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 3,040 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
Founded19-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0690739176
Also
9925:BE0690739176
Registered
19-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.