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ROVOS

Active
Private limited companyfounded 198541 yrs activeFrère-Orbanstraat 10, 8400 Oostende, BelgiumKBO/BCE: BE 0427.201.361
Summary

ROVOS has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €350,310 and a net result of -€33,597. Equity is growing by ~9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability10▼-90
Solvency98=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.72 in 2024; short-term debt: 12.6% and cash: 28.3% of total assets), and 26.7% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 41 years 0 50 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
59 d late
2024
43 d late
2023
56 d early
2022
57 d late
2021
69 d early
2020
44 d early
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 12 September (4 of the last 5 filed years within 98 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 March 1985, ROVOS was incorporated.1 Total assets went from EUR 112,827 in 2018 to EUR 477,753 in 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€350,310▼ 6.5%
2024 · €374,852
Total assets
€477,753▼ 7.0%
2024 · €513,869
Net result
-€33,597
2024 · €199,528
Working capital
€96,563▼ 15.5%
2024 · €114,234
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€13,526▼ 321%-€9,419▲ 30.4%-€46,137▼ 390%€273,054-€33,135
Net result-€13,539▼ 324%-€9,453▲ 30.2%-€46,184▼ 389%€199,528-€33,597
Equity€230,961▼ 5.5%€221,508▼ 4.1%€175,324▼ 20.8%€374,852▲ 114%€350,310▼ 6.5%
Total assets€299,506▲ 22.5%€289,244▼ 3.4%€240,763▼ 16.8%€513,869▲ 113%€477,753▼ 7.0%
Debt€68,545€67,736▼ 1.2%€65,439▼ 3.4%€66,306▲ 1.3%€64,179▼ 3.2%
Working capital-€60,273-€58,188▲ 3.5%€174,285€114,234▼ 34.5%€96,563▼ 15.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2021: -€13,526-€13,526Net result 2021: -€13,539-€13,539Operating result 2022: -€9,419-€9,419Net result 2022: -€9,453-€9,453Operating result 2023: -€46,137-€46,137Net result 2023: -€46,184-€46,184Operating result 2024: €273,054€273,054Net result 2024: €199,528€199,528Operating result 2025: -€33,135-€33,135Net result 2025: -€33,597-€33,59720212022202320242025-€100,000€0€100,000€200,000€300,000Operating result 2023: -€46,137-€46,100Net result 2023: -€46,184-€46,200Operating result 2024: €273,054€273,000Net result 2024: €199,528€200,000Operating result 2025: -€33,135-€33,100Net result 2025: -€33,597-€33,600202320242025
The operating result turns negative in 2025: a loss of €33,135 after €273,054 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €477,753
Fixed assets €321,207 ▼ 3.6%
Current assets €156,546 ▼ 13.3%
Equity and liabilities €477,753
Equity €350,310 ▼ 6.5%
Provisions €63,264 ▼ 13.0%
Debt €64,179 ▼ 3.2%
Debt's share of the balance-sheet total rises from 12.9% to 13.4%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€17,820▼
2024 · €279,614
Cash flow
-€18,282▼
2024 · €206,088
Current ratio
2.61▼
2024 · 2.72
Debt to equity
0.18▲
2024 · 0.18
ROE
-9.6%▼
2024 · 53.2%
ROA
-7.0%▼
2024 · 38.8%
Interest coverage
-4.20▼
2024 · 53.49
Debt ≤ 1 year
€59,983▼
2024 · €66,306
Income taxes
-€551▼
2024 · €1,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,340 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 8,611 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 · 52 lines
Balance sheet Code20242025
Assets
Total assets20/58€513,869€477,753▼
Fixed assets21/28€333,329€321,207▼
Tangible fixed assets22/27€332,289€320,167▼
Land and buildings22€332,289€320,167▼
Financial fixed assets28€1,040€1,040=
Current assets29/58€180,541€156,546▼
Amounts receivable within one year40/41-€1,131
Other amounts receivable41-€1,131
Current investments50/53€120,000€20,000▼
Cash at bank and in hand54/58€60,541€135,415▲
Equity and liabilities
Total equity and liabilities10/49€513,869€477,753▼
Equity10/15€374,852€350,310▼
Contributions10/11€123,104€123,104=
Capital10€123,104-
Issued capital100€123,104-
Outside capital11-€123,104
Other1109/19-€123,104
Reserves13€240,443€212,101▼
Non-distributable reserves130/1€22,310-
Legal reserve130€22,310-
Tax-exempt reserves132€218,133€189,791▼
Distributable reserves133-€22,310
Profit (loss) carried forward14€11,305€15,104▲
Provisions and deferred taxes16€72,711€63,264▼
Deferred taxes168€72,711€63,264▼
Amounts payable17/49€66,306€64,179▼
Amounts payable within one year42/48€66,306€59,983▼
Trade debts44€194-
Suppliers440/4€194-
Taxes, remuneration and social security45€551-
Taxes450/3€551-
Other amounts payable47/48€65,562€59,983▼
Accrued charges and deferred income492/3-€4,196
Income statement Code20242025
Non-recurring operating income76A€299,158-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,560€15,315▲
Other operating charges640/8€1,823€2,033▲
Gross operating margin9900€281,438-€15,787▼
Operating profit (loss)9901€273,054-€33,135▼
Financial income75/76B€6,228€3,770▼
Recurring financial income75€6,228€3,770▼
Financial charges65/66B€5,228€4,242▼
Recurring financial charges65€5,228€4,242▼
Profit (loss) for the period before taxes9903€274,055-€33,607▼
Transfer from deferred taxes780€1,901€781▼
Transfer to deferred taxes680€74,612€1,322▼
Income taxes67/77€1,816-€551▼
Profit (loss) for the period9904€199,528-€33,597▼
Transfer from tax-exempt reserves789€5,704€2,344▼
Transfer to tax-exempt reserves689€223,837€3,966▼
Profit (loss) for the period to be appropriated9905-€18,605-€35,218▼
Appropriation of the result
Profit (loss) to be appropriated9906€11,305€15,104▲
Profit (loss) brought forward from the previous period14P€29,909€50,323▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€299,158--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,538€11,538-€6,560€15,315▲ 133%
Other operating charges640/8€2,884€2,757€3,251€1,823€2,033▲ 11.5%
Non-recurring operating charges66A--€29,338---
Gross operating margin9900€896€4,875-€13,548€281,438-€15,787▼ 106%
Operating profit (loss)9901-€13,526-€9,419-€46,137€273,054-€33,135▼ 112%
Financial income75/76B---€6,228€3,770▼ 39.5%
Recurring financial income75---€6,228€3,770▼ 39.5%
Financial charges65/66B€13€34€47€5,228€4,242▼ 18.8%
Recurring financial charges65€13€34€47€5,228€4,242▼ 18.8%
Profit (loss) for the period before taxes9903-€13,539-€9,453-€46,184€274,055-€33,607▼ 112%
Transfer from deferred taxes780---€1,901€781▼ 58.9%
Transfer to deferred taxes680---€74,612€1,322▼ 98.2%
Income taxes67/77---€1,816-€551▼ 130%
Profit (loss) for the period9904-€13,539-€9,453-€46,184€199,528-€33,597▼ 117%
Transfer from tax-exempt reserves789---€5,704€2,344▼ 58.9%
Transfer to tax-exempt reserves689---€223,837€3,966▼ 98.2%
Profit (loss) for the period to be appropriated9905-€13,539-€9,453-€46,184-€18,605-€35,218▼ 89.3%
Line20212022202320242025Change
Assets
Total assets20/58€299,506€289,244€240,763€513,869€477,753▼ 7.0%
Fixed assets21/28€291,234€279,697€1,040€333,329€321,207▼ 3.6%
Tangible fixed assets22/27€290,195€278,657-€332,289€320,167▼ 3.6%
Land and buildings22€290,195€278,657-€332,289€320,167▼ 3.6%
Financial fixed assets28€1,040€1,040€1,040€1,040€1,040=
Current assets29/58€8,272€9,548€239,724€180,541€156,546▼ 13.3%
Amounts receivable within one year40/41€919---€1,131-
Other amounts receivable41€919---€1,131-
Current investments50/53--€200,000€120,000€20,000▼ 83.3%
Cash at bank and in hand54/58€7,352€9,548€39,724€60,541€135,415▲ 124%
Equity and liabilities
Total equity and liabilities10/49€299,506€289,244€240,763€513,869€477,753▼ 7.0%
Equity10/15€230,961€221,508€175,324€374,852€350,310▼ 6.5%
Contributions10/11€123,104€123,104€123,104€123,104€123,104=
Capital10€123,104€123,104€123,104€123,104--
Issued capital100€123,104€123,104€123,104€123,104--
Outside capital11----€123,104-
Other1109/19----€123,104-
Reserves13€22,310€22,310€22,310€240,443€212,101▼ 11.8%
Non-distributable reserves130/1€22,310€22,310€22,310€22,310--
Legal reserve130€22,310€22,310€22,310€22,310--
Tax-exempt reserves132---€218,133€189,791▼ 13.0%
Distributable reserves133----€22,310-
Profit (loss) carried forward14€85,547€76,094€29,909€11,305€15,104▲ 33.6%
Provisions and deferred taxes16---€72,711€63,264▼ 13.0%
Deferred taxes168---€72,711€63,264▼ 13.0%
Amounts payable17/49€68,545€67,736€65,439€66,306€64,179▼ 3.2%
Amounts payable within one year42/48€68,545€67,736€65,439€66,306€59,983▼ 9.5%
Trade debts44--€849€194--
Suppliers440/4--€849€194--
Taxes, remuneration and social security45---€551--
Taxes450/3---€551--
Other amounts payable47/48€68,545€67,736€64,591€65,562€59,983▼ 8.5%
Accrued charges and deferred income492/3----€4,196-
Line20212022202320242025Change
Profit (loss) for the period9904-€13,539-€9,453-€46,184€199,528-€33,597▼ 117%
+ Depreciation and write-downs630€11,538€11,538-€6,560€15,315▲ 133%
Operating cash flow (approximation)-€2,001€2,085-€46,184€206,088-€18,282▼ 109%
Investment in fixed assets (approximation)-€0€278,657-€338,849-€3,193▲ 99.1%
Change in cash-€2,195€30,176€20,817€74,874▲ 260%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 59 days late
2025
12-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial Back to profitnet €199,528
Net result €199,528 after 4 loss-making years.
31-12
Financial Equity above €200,000Eq €374,852 ▲114%
Equity rises from €175,324 to €374,852.
05-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet -€46,184
Net result drops to -€46,184, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 26current ratio 3.66
Current ratio from 0.14 to 3.66; short-term debt falls from €67,736 to €65,439.
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
23-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial Back to profitnet €135,468
Net result €135,468 after one loss-making year.
Show earlier events
31-12
Financial Equity above €200,000Eq €247,691 ▲121%
Equity rises from €112,223 to €247,691.
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 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
7 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 1985
seat establishment The establishment unit on the map
Ground area
179 m²
Building footprint
199 m²
Volume, LiDAR
2,864 m³
2 parcels, Flanders · tallest building 30.6 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Albert I-Promenade 2, 8400 Oostende
Insurance, reinsurance and pension funding, except compulsory social security
since 19852.027.355.725
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35383C0342/00R018 Flanders 111 m² 1 · 131 m² 15.1 m · 3 fl.
35013A0569/00Z006 Flanders 68 m² 1 · 68 m² 30.6 m · 9 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-1985
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card 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 30 September 2026 · Peppol Directory

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