Skip to content

ROVETECH

Active
Private limited companyfounded 2007active for 19 yearsLarendries 59, 2890 Puurs-Sint-Amands, BelgiumKBO/BCE: BE 0887.776.167
Summary

ROVETECH has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,684 and a net result of €21,011. Equity is shrinking by about 5.1% per year across the filed financial years. Its solvency ranks better than 72% of 34,012 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€140,835total assets 2025
Equity
€94,684
Profit
€21,011
Turnover not published (micro format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts 22 days early0 of 1 deed read
Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.87, cash €55,365Founded in 2007Equity €94,684 (67.2% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 92-1
equity 67.2% of total assets
Liquidity 85-2
short-term debt 31.9% · cash 39.3%
Profitability 87+5
return on assets 14.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.87, compared with 2.79 in 2024; short-term debt: 31.9% and cash: 39.3% of total assets), and 32.8% of the assets are financed with debt.
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 (NACE 43, micro): better than 73% on solvency, 83% on liquidity, 72% on profitability and 73% on growth.

The bankruptcy probability was computed on 11-10-2026 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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.87, cash €55,365
NBB · annual accounts
lowers risk · Founded in 2007
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Equity €94,684 (67.2% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €94,684
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
35 days early
2023
55 days early
2022
38 days early
2021
27 days early
2020
31 days late
2019
121 days 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 4 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €21,011 ▲84.8%
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€94,684▲ 27.1%
2024 · €74,506
Total assets
€140,835▲ 28.9%
2024 · €109,295
Net result
€21,011▲ 84.8%
2024 · €11,368
Working capital
€39,176▼ 35.0%
2024 · €60,244
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 87% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€29,773 2025 Net result€21,011 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€15,683-€23,954▲ 52.7%€4,672▼ 80.5%€23,913▲ 412%€25,355▲ 6.0%€17,001▼ 32.9%€15,919▼ 6.4%€29,773▲ 87.0%
Net result€10,979-€17,194▲ 56.6%€3,034within the sector's middle half▼ 82.4%€17,578within the sector's middle half▲ 479%€18,086within the sector's middle half▲ 2.9%€11,791within the sector's middle half▼ 34.8%€11,368within the sector's middle half▼ 3.6%€21,011within the sector's middle half▲ 84.8%
Equity€205,099-€107,447▼ 47.6%€83,882within the sector's middle half▼ 21.9%€73,467within the sector's middle half▼ 12.4%€79,600within the sector's middle half▲ 8.3%€80,379within the sector's middle half▲ 1.0%€74,506within the sector's middle half▼ 7.3%€94,684within the sector's middle half▲ 27.1%
Total assets€221,701-€242,458▲ 9.4%€151,411within the sector's middle half▼ 37.6%€113,822within the sector's middle half▼ 24.8%€134,854within the sector's middle half▲ 18.5%€109,213within the sector's middle half▼ 19.0%€109,295within the sector's middle half▲ 0.1%€140,835within the sector's middle half▲ 28.9%
Debt€16,602-€135,012▲ 713%€67,529▼ 50.0%€40,355▼ 40.2%€55,254▲ 36.9%€28,834▼ 47.8%€34,789▲ 20.7%€46,151▲ 32.7%
Working capital€196,058-€105,736▼ 46.1%€51,899within the sector's middle half▼ 50.9%€47,025within the sector's middle half▼ 9.4%€48,919within the sector's middle half▲ 4.0%€58,376within the sector's middle half▲ 19.3%€60,244within the sector's middle half▲ 3.2%€39,176within the sector's middle half▼ 35.0%
Solvency92.5%-44.3%▼ 48.2pp55.4%within the sector's middle half▲ 11.1pp64.5%within the sector's middle half▲ 9.1pp59.0%within the sector's middle half▼ 5.5pp73.6%above the sector's middle half▲ 14.6pp68.2%within the sector's middle half▼ 5.4pp67.2%within the sector's middle half▼ 0.9pp
Current ratio12.81-1.78▼ 11.031.78within the sector's middle half=2.18within the sector's middle half▲ 0.401.90within the sector's middle half▼ 0.283.14within the sector's middle half▲ 1.232.79within the sector's middle half▼ 0.341.87within the sector's middle half▼ 0.92
Return on assets (ROA)5.0%-7.1%▲ 2.1pp2.0%within the sector's middle half▼ 5.1pp15.4%within the sector's middle half▲ 13.4pp13.4%within the sector's middle half▼ 2.0pp10.8%within the sector's middle half▼ 2.6pp10.4%within the sector's middle half▼ 0.4pp14.9%within the sector's middle half▲ 4.5pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140,835
Fixed assets €56,742 ▲ 267%
Current assets €84,093 ▼ 10.4%
Equity and liabilities €140,835
Equity €94,684 ▲ 27.1%
Debt €46,151 ▲ 32.7%
Debt's share of the balance-sheet total rises from 31.8% to 32.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,185▲
2024 · €27,511
Cash flow
€33,423▲
2024 · €22,961
Quick ratio
1.70▼
2024 · 2.46
Debt to equity
0.49▲
2024 · 0.47
ROE
22.2%▲
2024 · 15.3%
Interest coverage
32.52▲
2024 · 21.95
Debt ≤ 1 year
€44,916▲
2024 · €33,609
Income taxes
€8,195▲
2024 · €4,670
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 34,695 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€109,295€140,835▲
Fixed assets21/28€15,442€56,742▲
Tangible fixed assets22/27€15,442€56,742▲
Land and buildings22€428€342▼
Plant, machinery and equipment23€2,002€3,575▲
Furniture and vehicles24€13,013€52,825▲
Current assets29/58€93,853€84,093▼
Stocks and contracts in progress3€11,089€7,667▼
Stocks30/36€11,089€7,667▼
Amounts receivable within one year40/41€7,348€20,577▲
Trade receivables40€4,990€20,218▲
Other amounts receivable41€2,358€359▼
Cash at bank and in hand54/58€74,932€55,365▼
Deferred charges and accrued income490/1€483€483=
Equity and liabilities
Total equity and liabilities10/49€109,295€140,835▲
Equity10/15€74,506€94,684▲
Contributions10/11€14,880€14,880=
Reserves13€59,626€79,804▲
Distributable reserves133€59,626€79,804▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€34,789€46,151▲
Amounts payable within one year42/48€33,609€44,916▲
Trade debts44€1,317€1,300▼
Suppliers440/4€1,317€1,300▼
Taxes, remuneration and social security45€558€4,350▲
Taxes450/3€558€4,350▲
Other amounts payable47/48€31,733€39,267▲
Accrued charges and deferred income492/3€1,180€1,234▲
Income statement Code20242025
Non-recurring operating income76A-€12,500
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,592€12,412▲
Other operating charges640/8€1,081€858▼
Gross operating margin9900€28,592€43,043▲
Operating profit (loss)9901€15,919€29,773▲
Financial income75/76B€1,373€730▼
Recurring financial income75€1,373€730▼
Financial charges65/66B€1,253€1,297▲
Recurring financial charges65€1,253€1,297▲
Profit (loss) for the period before taxes9903€16,038€29,205▲
Income taxes67/77€4,670€8,195▲
Profit (loss) for the period9904€11,368€21,011▲
Profit (loss) for the period to be appropriated9905€11,368€21,011▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,368€21,011▲
Transfer from equity791/2€16,609€0▼
Transfer to equity691/2€10,736€20,178▲
To other reserves6921€10,736€20,178▲
Profit to be distributed694/7€17,241€833▼
Return on contributions (dividend)694€17,241€833▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€200€895€0-€12,500-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,234€7,171€3,173€7,288€10,140€10,615€11,592€12,412▲ 7.1%
Other operating charges640/8---€785€1,020€900€1,081€858▼ 20.6%
Gross operating margin9900€23,831€31,985€8,450€31,985€36,515€28,516€28,592€43,043▲ 50.5%
Operating profit (loss)9901€15,683€23,954€4,672€23,913€25,355€17,001€15,919€29,773▲ 87.0%
Financial income75/76B---€1,227€1,335€1,063€1,373€730▼ 46.8%
Recurring financial income75€659€780€649€1,227€1,335€1,063€1,373€730▼ 46.8%
Financial charges65/66B---€572€1,188€1,348€1,253€1,297▲ 3.5%
Recurring financial charges65€524€548€705€572€1,188€1,348€1,253€1,297▲ 3.5%
Profit (loss) for the period before taxes9903€15,817€24,186€4,615€24,568€25,502€16,717€16,038€29,205▲ 82.1%
Income taxes67/77€4,839€6,992€1,581€6,990€7,416€4,926€4,670€8,195▲ 75.5%
Profit (loss) for the period9904€10,979€17,194€3,034€17,578€18,086€11,791€11,368€21,011▲ 84.8%
Profit (loss) for the period to be appropriated9905€10,979€17,194€3,034€17,578€18,086€11,791€11,368€21,011▲ 84.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€221,701€242,458€151,411€113,822€134,854€109,213€109,295€140,835▲ 28.9%
Fixed assets21/28€9,042€1,870€33,226€26,941€31,801€23,501€15,442€56,742▲ 267%
Tangible fixed assets22/27€8,907€1,735€33,091€26,941€31,801€23,501€15,442€56,742▲ 267%
Land and buildings22---€827€670€513€428€342▼ 20.0%
Plant, machinery and equipment23---€1,475€1,142€2,798€2,002€3,575▲ 78.6%
Furniture and vehicles24---€24,639€29,990€20,190€13,013€52,825▲ 306%
Financial fixed assets28€135€135€135€0-----
Current assets29/58€212,660€240,588€118,185€86,881€103,053€85,712€93,853€84,093▼ 10.4%
Stocks and contracts in progress3€6,107€4,749€3,120€3,000€11,044€8,855€11,089€7,667▼ 30.9%
Stocks30/36---€3,000€11,044€8,855€11,089€7,667▼ 30.9%
Amounts receivable within one year40/41€15,073€7,810€25,884€10,607€24,562€22,451€7,348€20,577▲ 180%
Trade receivables40---€8,951€23,571€21,050€4,990€20,218▲ 305%
Other amounts receivable41---€1,657€992€1,402€2,358€359▼ 84.8%
Cash at bank and in hand54/58€190,664€224,629€88,107€73,068€66,930€53,016€74,932€55,365▼ 26.1%
Deferred charges and accrued income490/1---€206€517€1,389€483€483=
Equity and liabilities
Total equity and liabilities10/49€221,701€242,458€151,411€113,822€134,854€109,213€109,295€140,835▲ 28.9%
Equity10/15€205,099€107,447€83,882€73,467€79,600€80,379€74,506€94,684▲ 27.1%
Contributions10/11€104,325--€14,880€14,880€14,880€14,880€14,880=
Reserves13€100,775€92,567€69,002€58,587€64,720€65,499€59,626€79,804▲ 33.8%
Non-distributable reserves130/1---€0-----
Reserves not available under the articles1311---€0-----
Distributable reserves133---€58,587€64,720€65,499€59,626€79,804▲ 33.8%
Profit (loss) carried forward14---€0€0€0€0€0-
Amounts payable17/49€16,602€135,012€67,529€40,355€55,254€28,834€34,789€46,151▲ 32.7%
Amounts payable within one year42/48€16,602€134,852€66,286€39,855€54,133€27,336€33,609€44,916▲ 33.6%
Trade debts44€3,405€5,137€4,549€383€2,059€1,762€1,317€1,300▼ 1.3%
Suppliers440/4---€383€2,059€1,762€1,317€1,300▼ 1.3%
Taxes, remuneration and social security45---€1,136€3,039€593€558€4,350▲ 679%
Taxes450/3---€1,136€3,039€593€558€4,350▲ 679%
Remuneration and social security454/9---€0-----
Other amounts payable47/48---€38,336€49,035€24,981€31,733€39,267▲ 23.7%
Accrued charges and deferred income492/3---€499€1,121€1,498€1,180€1,234▲ 4.6%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€10,979€17,194€3,034€17,578€18,086€11,791€11,368€21,011▲ 84.8%
+ Depreciation and write-downs630€7,234€7,171€3,173€7,288€10,140€10,615€11,592€12,412▲ 7.1%
Operating cash flow (approximation)€18,212€24,365€6,208€24,866€28,226€22,406€22,961€33,423▲ 45.6%
Investment in fixed assets (approximation)-€0-€34,529-€1,003-€15,000-€2,314-€3,534-€53,712▼ 1,420%
Change in cash-€33,965-€136,522-€15,039-€6,138-€13,914€21,916-€19,567▼ 189%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Public contracts: not fully processed yet. The notices from October 2024 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

ROVETECH was incorporated on 27 February 2007.1 Total assets fell from €221,701 in 2018 to €140,835 in 2025.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Highest result from 2018 to 2025net €21,011 ▲84.8%
Operating result €29,773, net result €21,011, both a record.
26-06
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
06-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
23-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
04-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 31 days late
2020
31-12
Financial Weakest financial yearnet €3,034 ▼82.4%
Net result drops to €3,034, the lowest in the series; recovery starts the following year.
29-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 121 days late
2019
30-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 30 days late
2018
31-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
05-07
NBB filing Annual accounts filed
financial year 2016 · micro format
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 18 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded27-02-2007
Financial year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
25530Machining of metals
43221Plumbing work
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0887776167
Also 9925:BE0887776167
Registered 13-11-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 11 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0887.776.167

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Puurs-Sint-Amands · 1 establishment unit since 2007
registered office establishment The establishment unit on the map
Ground area
1,081 m²
Building footprint
160 m²
Building volume
1,194 m³
Parcel 12034A0796/00K000, Flanders · tallest building 10.7 m. Linked by address, not a title deed.
1 establishment unit
ROVETECH
Larendries 59, 2890 Puurs-Sint-AmandsInstallation of electric heating, air conditioning, cooling and ventilation
since 2007unit no. 2.160.612.444
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
12034A0796/00K000 Flanders 1,081 m² 1 · 160 m² 10.7 m · 3
How the parcels are linked
Good to know
The parcel matches the address exactly.