Van Rompaye
ActiveFinancials · financial year 2025, full format
Annual accounts 2025 filed on 07-07-2026 at the NBB all 49 filings
Turnover
€2.1m▼ 52.1%
2024 · €4.3m
EBIT margin
20.4%▲ 54.0pp
2024 · -33.6%
Net result
€374,616
2024 · -€1.4m
Working capital
-€691,645▲ 39.1%
2024 · -€1.1m
In the rankings
#2 oldest company in Edegem#10 employer in Edegem
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
€2.1m
▼ 52.1%
2025
20182025
Operating result
€419,698
2025
20182025
Net result
€374,616
2025
highest quarter of the sector
20182025
EBIT margin
20.4%
▲ 54.0pp
2025
20182025
Equity
-€692,254
▲ 35.1%
2025
lowest quarter of the sector
20182025
Total assets
€114,582
▼ 91.4%
2025
lowest quarter of the sector
20182025
Debt
€806,836
▼ 66.4%
2025
20182025
Working capital
-€691,645
▲ 39.1%
2025
lowest quarter of the sector
20182025
Solvency
-604.2%
▼ 524.4pp
2025
lowest quarter of the sector
20182025
Current ratio
0.05
▼ 0.27
2025
lowest quarter of the sector
20182025
Return on assets (ROA)
326.9%
▲ 435.2pp
2025
highest quarter of the sector
20182025
Staff (FTE)
25.4
▼ 57.1%
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€4.0m-€4.1m▲ 3.3%€4.3m▲ 4.5%€4.3m▲ 0.3%€4.5m▲ 5.1%€4.5m▼ 0.3%€4.3m▼ 5.0%€2.1m▼ 52.1%
Operating result€0.3m-€0.2m▼ 27.3%-€0.06m€0.02m-€0.4m-€0.9m▼ 147%-€1.4m▼ 59.4%€0.4m
Net result€0.2m-€0.1m▼ 29.4%-€0.07mbelow the sector's middle half-€138below the sector's middle half▲ 99.8%-€0.4mbelow the sector's middle half▼ 262,356%-€0.9mbelow the sector's middle half▼ 135%-€1.4mbelow the sector's middle half▼ 69.4%€0.4mabove the sector's middle half
EBIT margin8.0%-5.6%▼ 2.4pp-1.4%▼ 7.0pp0.4%▲ 1.8pp-8.1%▼ 8.5pp-20.0%▼ 11.9pp-33.6%▼ 13.6pp20.4%▲ 54.0pp
Equity€1.5m-€1.7m▲ 9.9%€1.6mabove the sector's middle half▼ 4.0%€1.6mabove the sector's middle half=€1.2mwithin the sector's middle half▼ 22.7%€0.4mwithin the sector's middle half▼ 69.2%-€1.1mbelow the sector's middle half-€0.7mbelow the sector's middle half▲ 35.1%
Total assets€2.8m-€2.2m▼ 20.8%€2.6mwithin the sector's middle half▲ 15.2%€2.7mwithin the sector's middle half▲ 3.2%€2.3mwithin the sector's middle half▼ 14.1%€1.5mwithin the sector's middle half▼ 33.1%€1.3mwithin the sector's middle half▼ 12.5%€0.1mbelow the sector's middle half▼ 91.4%
Debt€1.3m-€0.6m▼ 56.5%€1.0m▲ 71.7%€1.1m▲ 8.4%€1.0m▼ 1.1%€1.1m▲ 9.6%€2.4m▲ 110%€0.8m▼ 66.4%
Working capital€0.4m-€0.8m▲ 86.7%€1.0mabove the sector's middle half▲ 17.1%€1.2mabove the sector's middle half▲ 25.3%€1.1mabove the sector's middle half▼ 10.1%€0.5mwithin the sector's middle half▼ 51.2%-€1.1mbelow the sector's middle half-€0.7mbelow the sector's middle half▲ 39.1%
Solvency53.8%-74.6%▲ 20.8pp62.1%above the sector's middle half▼ 12.5pp60.2%above the sector's middle half▼ 1.9pp54.2%within the sector's middle half▼ 6.0pp25.0%within the sector's middle half▼ 29.2pp-79.8%below the sector's middle half▼ 104.7pp-604.2%below the sector's middle half▼ 524.4pp
Current ratio1.34-2.49▲ 1.152.67above the sector's middle half▲ 0.192.63above the sector's middle half▼ 0.042.47above the sector's middle half▼ 0.161.69within the sector's middle half▼ 0.780.32below the sector's middle half▼ 1.370.05below the sector's middle half▼ 0.27
Return on assets (ROA)7.5%-6.7%▼ 0.8pp-2.6%below the sector's middle half▼ 9.3pp0.0%below the sector's middle half▲ 2.6pp-15.9%below the sector's middle half▼ 15.9pp-56.0%below the sector's middle half▼ 40.1pp-108.3%below the sector's middle half▼ 52.3pp326.9%above the sector's middle half▲ 435.2pp
Staff (FTE)46.1-53.8▲ 16.7%55.7above the sector's middle half▲ 3.5%54.7above the sector's middle half▼ 1.8%56.3above the sector's middle half▲ 2.9%56.1above the sector's middle half▼ 0.4%59.2above the sector's middle half▲ 5.5%25.4within the sector's middle half▼ 57.1%
above
within
below
The sector band is the middle half of the companies in Land transport and transport via pipelines (NACE 49). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €419,698, after a loss of €1.4m in 2024. It is the highest result since 2021.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114,582
Fixed assets
€78,339 ▼ 90.2%
Current assets
€36,243 ▼ 93.3%
Equity and liabilities
Equity-€692,254
Debt€806,836
Equity is negative. Debt (€806,836) exceeds the balance-sheet total (€114,582).
Key figures and ratios
EBITDA
€469,792▲
2024 · -€1.3m
Cash flow
€424,710▲
2024 · -€1.3m
Interest coverage
11.06▲
2024 · -62.13
Debt ≤ 1 year
€727,888▼
2024 · €1.7m
Debt > 1 year
€36,728▼
2024 · €548,703
Income taxes
€609▼
2024 · €1,197
Customer credit
5 days▼
2024 · 35 days
Supplier credit
20 days▼
2024 · 83 days
Staff costs
€1.5m▼
2024 · €3.9m
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 57 | 60 | 58 | 58 | - |
| full-time | 49 | 52 | 50 | 53 | - |
| part-time | 8 | 8 | 8 | 5 | - |
| in full-time equivalents | 54.7 | 56.5 | 55 | 56.8 | - |
| Average over the year, in full-time equivalents | 54.7 | 56.3 | 56.1 | 59.2 | 25.4 |
| On a permanent contract | 57 | 60 | 58 | 57 | - |
| Joined | 7 | 26 | 21 | 141 | 45 |
| Left | 7 | 23 | 23 | 141 | 103 |
| Agency workers, average number | 1 | 0.5 | 0.9 | 0.3 | - |
| Training hours | 183 | 612 | 1,424 | 283 | 61 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Pledge on other assets, amount secured | - | - | - | - | €65,933 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,162 | €16,425 | €10,345 | €732,628 | €271,042 |
| Depreciation and write-downs of the year | €336,465 | €267,303 | €234,399 | €169,992 | €50,094 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Auditor
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Fee for the audit | €5,000 | €5,360 | €6,659 | €6,349 | €4,000 |
Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | €4.3m | €4.5m | - | €4.7m | €4.8m | €5.0m | €4.9m | €3.4m | ▼ 31.0% |
| Turnover70 | €4.0m | €4.1m | €4.3m | €4.3m | €4.5m | €4.5m | €4.3m | €2.1m | ▼ 52.1% |
| Other operating income74 | €0.4m | €0.4m | - | €0.4m | €0.3m | €0.4m | €0.4m | €0.3m | ▼ 30.5% |
| Non-recurring operating income76A | - | €0.001m | - | €0.008m | - | €0.08m | €0.2m | €1.1m | ▲ 373% |
| Operating charges60/66A | €4.0m | €4.3m | - | €4.7m | €5.2m | €5.9m | €6.4m | €3.0m | ▼ 53.3% |
| Goods for resale, raw materials and consumables60 | €0.7m | €0.6m | - | €0.9m | €0.9m | €0.9m | €0.8m | €0.5m | ▼ 30.0% |
| Purchases600/8 | €0.7m | €0.6m | - | €0.9m | €0.9m | €0.9m | €0.8m | €0.5m | ▼ 39.2% |
| Change in stocks: decrease (increase)609 | €370 | -€0.01m | - | €0.04m | -€0.008m | -€0.01m | -€0.02m | €0.06m | - |
| Services and other goods61 | €0.7m | €0.7m | - | €0.6m | €0.7m | €0.9m | €0.8m | €0.6m | ▼ 23.0% |
| Remuneration, social security and pensions62 | €2.3m | €2.6m | - | €2.8m | €3.1m | €3.2m | €3.9m | €1.5m | ▼ 60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.05m | ▼ 70.5% |
| Other operating charges640/8 | €0.02m | €0.02m | - | €0.02m | €0.3m | €0.7m | €0.8m | €0.3m | ▼ 67.3% |
| Non-recurring operating charges66A | - | - | - | - | €30 | - | - | - | - |
| Operating profit (loss)9901 | €0.3m | €0.2m | -€0.06m | €0.02m | -€0.4m | -€0.9m | -€1.4m | €0.4m | - |
| Financial income75/76B | €0.001m | €0.001m | - | €0.002m | €0.01m | €0.06m | €0.02m | €0.003m | ▼ 84.2% |
| Recurring financial income75 | €0.001m | €0.001m | €0.001m | €0.002m | €0.01m | €0.06m | €0.02m | €0.003m | ▼ 84.2% |
| Income from current assets751 | €0.001m | €0.001m | - | €0.002m | €0.002m | €0.03m | €0.005m | - | - |
| Other financial income752/9 | - | - | - | €1 | €0.009m | €0.02m | €0.01m | €0.003m | ▼ 78.2% |
| Financial charges65/66B | €0.007m | €0.006m | - | €0.01m | €0.008m | €0.007m | €0.03m | €0.05m | ▲ 79.9% |
| Recurring financial charges65 | €0.007m | €0.006m | €0.008m | €0.01m | €0.008m | €0.007m | €0.03m | €0.05m | ▲ 79.9% |
| Debt charges650 | €0.001m | €171 | €0.002m | €0.002m | €0.002m | €0.002m | €0.02m | €0.04m | ▲ 108% |
| Other financial charges652/9 | €0.006m | €0.006m | - | €0.007m | €0.006m | €0.006m | €0.006m | €0.005m | ▼ 14.9% |
| Profit (loss) for the period before taxes9903 | €0.3m | €0.2m | -€0.07m | €0.01m | -€0.4m | -€0.9m | -€1.4m | €0.4m | - |
| Income taxes67/77 | €0.1m | €0.08m | €449 | €0.01m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 49.1% |
| Taxes670/3 | €0.1m | €0.08m | - | €0.01m | €0.001m | €0.001m | €0.001m | €0.001m | ▼ 49.1% |
| Tax adjustments and reversals of tax provisions77 | €11 | €149 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €0.2m | €0.1m | -€0.07m | -€138 | -€0.4m | -€0.9m | -€1.4m | €0.4m | - |
| Transfer to tax-exempt reserves689 | - | €0.001m | - | - | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.1m | -€0.07m | -€138 | -€0.4m | -€0.9m | -€1.4m | €0.4m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.8m | €2.2m | €2.6m | €2.7m | €2.3m | €1.5m | €1.3m | €0.1m | ▼ 91.4% |
| Fixed assets21/28 | €1.1m | €0.9m | €1.0m | €0.7m | €0.5m | €0.2m | €0.8m | €0.08m | ▼ 90.2% |
| Intangible fixed assets21 | €0.004m | €0.003m | €396 | €30 | - | - | - | - | - |
| Tangible fixed assets22/27 | €1.1m | €0.9m | €1.0m | €0.7m | €0.5m | €0.2m | €0.8m | €0.08m | ▼ 90.5% |
| Plant, machinery and equipment23 | €0.01m | €0.01m | - | €0.009m | €0.02m | €0.01m | €0.02m | €0.02m | ▲ 10.0% |
| Furniture and vehicles24 | €0.9m | €0.6m | - | €0.3m | €0.1m | €0.007m | €0.1m | €0.004m | ▼ 96.9% |
| Leasing and similar rights25 | - | - | - | €0.3m | €0.2m | €0.1m | €0.6m | - | - |
| Other tangible fixed assets26 | €0.2m | €0.2m | - | €0.1m | €0.1m | €0.1m | €0.08m | €0.05m | ▼ 33.5% |
| Financial fixed assets28 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Other financial fixed assets284/8 | €0.003m | €0.003m | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Amounts receivable and cash guarantees285/8 | €0.003m | €0.003m | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Current assets29/58 | €1.7m | €1.4m | €1.5m | €1.9m | €1.8m | €1.3m | €0.5m | €0.04m | ▼ 93.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | €444 | - | - |
| Other amounts receivable291 | - | - | - | - | - | - | €444 | - | - |
| Stocks and contracts in progress3 | €0.06m | €0.07m | €0.07m | €0.02m | €0.03m | €0.04m | €0.06m | - | - |
| Stocks30/36 | €0.06m | €0.07m | - | €0.02m | €0.03m | €0.04m | €0.06m | - | - |
| Raw materials and consumables30/31 | €0.06m | €0.07m | - | €0.02m | €0.03m | €0.04m | €0.06m | - | - |
| Amounts receivable within one year40/41 | €1.7m | €1.3m | €1.5m | €1.9m | €1.8m | €1.2m | €0.5m | €0.03m | ▼ 94.5% |
| Trade receivables40 | €0.4m | €0.4m | - | €0.4m | €0.5m | €0.4m | €0.4m | €0.03m | ▼ 93.7% |
| Other amounts receivable41 | €1.3m | €0.9m | - | €1.5m | €1.3m | €0.9m | €0.06m | - | - |
| Cash at bank and in hand54/58 | €0.001m | €0.005m | €189 | €0.001m | €0.001m | €0.001m | €0.001m | €0.002m | ▲ 24.4% |
| Deferred charges and accrued income490/1 | €0.009m | €0.009m | - | €0.07m | €0.03m | €0.04m | €0.01m | €0.009m | ▼ 27.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.8m | €2.2m | €2.6m | €2.7m | €2.3m | €1.5m | €1.3m | €0.1m | ▼ 91.4% |
| Equity10/15 | €1.5m | €1.7m | €1.6m | €1.6m | €1.2m | €0.4m | -€1.1m | -€0.7m | ▲ 35.1% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Issued capital100 | €0.2m | €0.2m | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €1.4m | €1.5m | €1.4m | €1.4m | €1.1m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Legal reserve130 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves not available under the articles1311 | - | - | - | - | - | - | €88 | €88 | = |
| Own shares acquired1312 | - | - | - | €88 | €88 | €88 | - | - | - |
| Tax-exempt reserves132 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | €1.3m | €1.4m | - | €1.4m | €1.1m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | €0.003m | €0.05m | €0.006m | €0.006m | €0.002m | €0.007m | -€1.4m | -€1.1m | ▲ 26.0% |
| Amounts payable17/49 | €1.3m | €0.6m | €1.0m | €1.1m | €1.0m | €1.1m | €2.4m | €0.8m | ▼ 66.4% |
| Amounts payable after more than one year17 | - | - | €0.4m | €0.3m | €0.2m | €0.2m | €0.5m | €0.04m | ▼ 93.3% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.2m | €0.5m | €0.04m | ▼ 93.3% |
| Leasing and similar obligations172 | - | - | - | €0.3m | €0.2m | €0.2m | €0.5m | €0.04m | ▼ 93.3% |
| Amounts payable within one year42/48 | €1.3m | €0.6m | €0.6m | €0.7m | €0.7m | €0.8m | €1.7m | €0.7m | ▼ 56.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.06m | €0.06m | €0.06m | €0.1m | €0.03m | ▼ 76.3% |
| Trade debts44 | €0.7m | €0.09m | €0.06m | €0.2m | €0.05m | €0.1m | €0.2m | €0.03m | ▼ 83.5% |
| Suppliers440/4 | €0.7m | €0.09m | - | €0.2m | €0.05m | €0.1m | €0.2m | €0.03m | ▼ 83.5% |
| Taxes, remuneration and social security45 | €0.5m | €0.5m | - | €0.5m | €0.6m | €0.6m | €0.8m | €0.2m | ▼ 79.1% |
| Taxes450/3 | €0.07m | €0.1m | - | €0.06m | €0.08m | €0.06m | €0.06m | €0.04m | ▼ 37.2% |
| Remuneration and social security454/9 | €0.4m | €0.4m | - | €0.4m | €0.5m | €0.6m | €0.7m | €0.1m | ▼ 82.4% |
| Other amounts payable47/48 | €0.08m | - | - | - | - | - | €0.6m | €0.5m | ▼ 12.5% |
| Accrued charges and deferred income492/3 | €0.01m | €0.02m | - | €0.01m | €0.06m | €0.2m | €0.2m | €0.04m | ▼ 76.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.1m | -€0.07m | -€138 | -€0.4m | -€0.9m | -€1.4m | €0.4m | - |
| + Depreciation and write-downs630 | €0.3m | €0.3m | €0.4m | €0.3m | €0.3m | €0.2m | €0.2m | €0.05m | ▼ 70.5% |
| Operating cash flow (approximation) | €0.5m | €0.4m | €0.3m | €0.3m | -€0.1m | -€0.6m | -€1.3m | €0.4m | - |
| Investment in fixed assets (approximation) | - | -€0.04m | -€0.5m | -€0.01m | -€0.02m | -€0.009m | -€0.7m | €0.7m | - |
| Change in cash | - | €0.004m | -€0.004m | €0.001m | -€235 | €106 | -€8 | €301 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 317 companies had the same profile as Van Rompaye has now. Two years later, 91.8% were still going and 1.6% had gone bankrupt.
- Small
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
91.8%
was still going
4.1%
stopped otherwise
1.6%
went bankrupt
Another 2.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Van Rompaye itself is higher: 2.9% within 12 months. It rests on far more data about Van Rompaye than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 317 companies, not a prediction for Van Rompaye. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 07-07-2026 | 2026-00270263 | |
| 31-12-2024 | full format | 07-07-2025 | 2025-00250275 | |
| 31-12-2023 | full format | 11-06-2024 | 2024-00130920 | |
| 31-12-2022 | full format | 15-06-2023 | 2023-00132664 | |
| 31-12-2021 | full format | 21-06-2022 | 2022-20082042 | |
| 31-12-2020 | full format | 08-07-2021 | 2021-33200437 | |
| 31-12-2019 | full format | 25-06-2020 | 2020-21100086 | |
| 31-12-2018 | full format | 22-08-2019 | 2019-49000100 | |
| 31-12-2017 | full format | 26-06-2018 | 2018-24200001 | |
| 31-12-2016 | full format | 30-06-2017 | 2017-27500505 |