RODEL
ActiveSummary
RODEL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €65k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-6
Solvency42▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 0.73 in 2024; short-term debt: 43.7% and cash: 2.2% of total assets), and 83.2% 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% 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
16.8%
Return on assets
3.7%
Age of the figures
9 mo
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €292k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
35 d early
2023
98 d early
2022
5 d early
2021
25 d late
2020
13 d early
2019
185 d late
← 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
€292k▲ 28.5%
2024 · €228k
2018: €9k
2019: €26k▲ +183% vs 2018
2020: €13k▼ -50.1% vs 2019
2021: €14k▲ +2.8% vs 2020
2022: €4k▼ -69.7% vs 2021lowest in 8 years
2023: €138k▲ +3257% vs 2022
2024: €228k▲ +65.0% vs 2023
2025: €292k▲ +28.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.74M▲ 59.0%
2024 · €1.09M
2018: €36k
2019: €38k▲ +5.3% vs 2018
2020: €20k▼ -48.3% vs 2019
2021: €15k▼ -24.1% vs 2020
2022: €9k▼ -37.5% vs 2021lowest in 8 years
2023: €682k▲ +7137% vs 2022
2024: €1.09M▲ +60.4% vs 2023
2025: €1.74M▲ +59.0% vs 2024highest in 8 years
2018 → 2025
Net result
€65k▼ 27.7%
2024 · €90k
2018: €-2k
2019: €17k▲ +893% vs 2018
2020: €-13k▼ -178% vs 2019lowest in 8 years
2021: €369▲ +103% vs 2020
2022: €-9k▼ -2664% vs 2021
2023: €134k▲ +1514% vs 2022highest in 8 years
2024: €90k▼ -33.0% vs 2023
2025: €65k▼ -27.7% vs 2024
2018 → 2025
Working capital
€375k
2024 · €-167k
2018: €-8k
2019: €-5k▲ +36.1% vs 2018
2020: €-7k▼ -35.1% vs 2019
2021: €-223▲ +96.6% vs 2020
2022: €-2k▼ -1018% vs 2021
2023: €-135k▼ -5326% vs 2022
2024: €-167k▼ -23.9% vs 2023lowest in 8 years
2025: €375k▲ +324% 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€14k-€4k▼ 69.7%€138k▲ 3,257%€228k▲ 65.0%€292k▲ 28.5%
2021: €14k
2022: €4k▼ -69.7% vs 2021lowest in 5 years
2023: €138k▲ +3257% vs 2022
2024: €228k▲ +65.0% vs 2023
2025: €292k▲ +28.5% vs 2024highest in 5 years
Operating result€513-€-9k€181k€125k▼ 31.0%€106k▼ 14.9%
2021: €513
2022: €-9k▼ -1940% vs 2021lowest in 5 years
2023: €181k▲ +2014% vs 2022highest in 5 years
2024: €125k▼ -31.0% vs 2023
2025: €106k▼ -14.9% vs 2024
Net result€369-€-9k€134k€90k▼ 33.0%€65k▼ 27.7%
2021: €369
2022: €-9k▼ -2664% vs 2021lowest in 5 years
2023: €134k▲ +1514% vs 2022highest in 5 years
2024: €90k▼ -33.0% vs 2023
2025: €65k▼ -27.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.74M
Fixed assets
€603k ▼ 5.5%
Current assets
€1.14M ▲ 149%
Equity and liabilities €1.74M
Equity
€292k ▲ 28.5%
Debt
€1.45M ▲ 67.0%
Debt's share of the balance-sheet total rises from 79.2% to 83.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€293k▲
2024 · €263k
Cash flow
€252k▲
2024 · €228k
Current ratio
1.49▲
2024 · 0.73
Quick ratio
1.30▲
2024 · 0.51
Debt to equity
4.94▲
2024 · 3.80
ROE
22.2%▼
2024 · 39.4%
ROA
3.7%▼
2024 · 8.2%
Interest coverage
10.61▲
2024 · 9.93
Debt ≤ 1 year
€760k▲
2024 · €623k
Debt > 1 year
€686k▲
2024 · €243k
Income taxes
€17k▼
2024 · €20k
Staff costs
€447k▲
2024 · €402k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€1.74M▲
Fixed assets21/28€638k€603k▼
Intangible fixed assets21€59k€41k▼
Tangible fixed assets22/27€579k€561k▼
Land and buildings22€45k€47k▲
Plant, machinery and equipment23€230k€298k▲
Furniture and vehicles24€304k€216k▼
Financial fixed assets28€306€956▲
Current assets29/58€456k€1.14M▲
Amounts receivable after more than one year29€200k-
Other amounts receivable291€200k-
Stocks and contracts in progress3€140k€145k▲
Stocks30/36€140k€145k▲
Amounts receivable within one year40/41€48k€934k▲
Trade receivables40€9k€621k▲
Other amounts receivable41€39k€313k▲
Cash at bank and in hand54/58€68k€38k▼
Deferred charges and accrued income490/1-€18k
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.74M▲
Equity10/15€228k€292k▲
Contributions10/11€6k€6k=
Reserves13€221k€286k▲
Distributable reserves133€221k€286k▲
Amounts payable17/49€866k€1.45M▲
Amounts payable after more than one year17€243k€686k▲
Financial debts170/4€243k€686k▲
Amounts payable within one year42/48€623k€760k▲
Current portion of amounts payable after more than one year42€170k€244k▲
Financial debts43€100k€100k=
Credit institutions430/8€100k€100k=
Trade debts44€269k€233k▼
Suppliers440/4€269k€233k▼
Taxes, remuneration and social security45€80k€76k▼
Taxes450/3€24k€38k▲
Remuneration and social security454/9€56k€38k▼
Other amounts payable47/48€4k€107k▲
Income statement
Code20242025
Remuneration, social security and pensions62€402k€447k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€139k€187k▲
Other operating charges640/8€21k€28k▲
Gross operating margin9900€685k€769k▲
Operating profit (loss)9901€125k€106k▼
Financial income75/76B€12k€4k▼
Recurring financial income75€12k€4k▼
Financial charges65/66B€26k€28k▲
Recurring financial charges65€26k€28k▲
Profit (loss) for the period before taxes9903€110k€82k▼
Income taxes67/77€20k€17k▼
Profit (loss) for the period9904€90k€65k▼
Profit (loss) for the period to be appropriated9905€90k€65k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€65k▼
Transfer to equity691/2€90k€65k▼
To other reserves6921€90k€65k▼
The notes to these accounts (12 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €319k | €402k | €447k | ▲ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €7k | €103k | €139k | €187k | ▲ 35.3% |
| Other operating charges640/8 | €2k | €2k | €14k | €21k | €28k | ▲ 37.7% |
| Gross operating margin9900 | €8k | €-556 | €617k | €685k | €769k | ▲ 12.2% |
| Operating profit (loss)9901 | €513 | €-9k | €181k | €125k | €106k | ▼ 14.9% |
| Financial income75/76B | - | €1 | €6k | €12k | €4k | ▼ 70.2% |
| Recurring financial income75 | - | €1 | €6k | €12k | €4k | ▼ 70.2% |
| Financial charges65/66B | €106 | €35 | €21k | €26k | €28k | ▲ 4.4% |
| Recurring financial charges65 | €106 | €35 | €21k | €26k | €28k | ▲ 4.4% |
| Profit (loss) for the period before taxes9903 | €406 | €-9k | €166k | €110k | €82k | ▼ 25.5% |
| Income taxes67/77 | €37 | - | €33k | €20k | €17k | ▼ 15.8% |
| Profit (loss) for the period9904 | €369 | €-9k | €134k | €90k | €65k | ▼ 27.7% |
| Profit (loss) for the period to be appropriated9905 | €369 | €-9k | €134k | €90k | €65k | ▼ 27.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €15k | €9k | €682k | €1.09M | €1.74M | ▲ 59.0% |
| Fixed assets21/28 | €14k | €7k | €486k | €638k | €603k | ▼ 5.5% |
| Intangible fixed assets21 | - | - | €77k | €59k | €41k | ▼ 30.5% |
| Tangible fixed assets22/27 | €14k | €7k | €408k | €579k | €561k | ▼ 3.1% |
| Land and buildings22 | - | - | €50k | €45k | €47k | ▲ 2.8% |
| Plant, machinery and equipment23 | €14k | €7k | €104k | €230k | €298k | ▲ 29.8% |
| Furniture and vehicles24 | - | - | €254k | €304k | €216k | ▼ 28.8% |
| Financial fixed assets28 | - | - | €306 | €306 | €956 | ▲ 212% |
| Current assets29/58 | €1k | €3k | €196k | €456k | €1.14M | ▲ 149% |
| Amounts receivable after more than one year29 | - | - | €100k | €200k | - | - |
| Other amounts receivable291 | - | - | €100k | €200k | - | - |
| Stocks and contracts in progress3 | - | - | €40k | €140k | €145k | ▲ 3.2% |
| Stocks30/36 | - | - | €40k | €140k | €145k | ▲ 3.2% |
| Amounts receivable within one year40/41 | €1k | €2k | €40k | €48k | €934k | ▲ 1,859% |
| Trade receivables40 | €844 | €844 | €8k | €9k | €621k | ▲ 6,896% |
| Other amounts receivable41 | €382 | €1k | €31k | €39k | €313k | ▲ 707% |
| Cash at bank and in hand54/58 | €45 | €905 | €17k | €68k | €38k | ▼ 43.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €18k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €15k | €9k | €682k | €1.09M | €1.74M | ▲ 59.0% |
| Equity10/15 | €14k | €4k | €138k | €228k | €292k | ▲ 28.5% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | €6k | €6k | €6k | - | - | - |
| Issued capital100 | €19k | €19k | €19k | - | - | - |
| Uncalled capital101 | €12k | €12k | €12k | - | - | - |
| Reserves13 | €7k | €7k | €132k | €221k | €286k | ▲ 29.3% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €6k | €6k | €132k | €221k | €286k | ▲ 29.3% |
| Profit (loss) carried forward14 | - | €-9k | - | - | - | - |
| Amounts payable17/49 | €1k | €5k | €544k | €866k | €1.45M | ▲ 67.0% |
| Amounts payable after more than one year17 | - | - | €212k | €243k | €686k | ▲ 182% |
| Financial debts170/4 | - | - | €212k | €243k | €686k | ▲ 182% |
| Amounts payable within one year42/48 | €1k | €5k | €331k | €623k | €760k | ▲ 22.0% |
| Current portion of amounts payable after more than one year42 | - | - | €50k | €170k | €244k | ▲ 43.3% |
| Financial debts43 | - | - | €100k | €100k | €100k | = |
| Credit institutions430/8 | - | - | €100k | €100k | €100k | = |
| Trade debts44 | €654 | €5k | €128k | €269k | €233k | ▼ 13.4% |
| Suppliers440/4 | €654 | €5k | €128k | €269k | €233k | ▼ 13.4% |
| Taxes, remuneration and social security45 | €610 | €621 | €53k | €80k | €76k | ▼ 4.2% |
| Taxes450/3 | €610 | €621 | €41k | €24k | €38k | ▲ 62.8% |
| Remuneration and social security454/9 | - | - | €13k | €56k | €38k | ▼ 32.2% |
| Other amounts payable47/48 | €228 | - | - | €4k | €107k | ▲ 2,354% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €369 | €-9k | €134k | €90k | €65k | ▼ 27.7% |
| + Depreciation and write-downs630 | €6k | €7k | €103k | €139k | €187k | ▲ 35.3% |
| Operating cash flow (approximation) | €6k | €-2k | €237k | €228k | €252k | ▲ 10.5% |
| Investment in fixed assets (approximation) | - | €0 | €-582k | €-291k | €-152k | ▲ 47.6% |
| Change in cash | - | €860 | €16k | €51k | €-29k | ▼ 157% |
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 1.49
Current ratio from 0.73 to 1.49.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €228k ▲65%
2 profitable years in a row build equity to €228k.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €134k
Net result €134k after one loss-making year.
31-12
Financial
Equity above €100kEq €138k ▲3,257%
Equity rises from €4k to €138k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €369
Net result €369 after one loss-making year.
18-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 185 days late
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 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, Tielt · 1 establishment unit since 2024
Ground area
3,302 m²
Building footprint
1,490 m²
Volume, LiDAR
7,837 m³
Parcel 37303H0093/00A000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
RODEL
since 20242.362.614.647
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303H0093/00A000 | Flanders | 3,302 m² | 1 · 1,490 m² | 6.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
2023 to 2025 · 3 entries · 352 EUR awarded · 352 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 0 EUR | 176 EUR |
| 2023 | 1 | 176 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.362.614.647
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Of 3,826 companies in sector 47210 we hold annual accounts for 965. 654 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
Founded25-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
56120Mobile food service activities
Scores and ratios are computed by Checked and are not a credit decision.