ROLF · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ROLF is 0.1% (very low). The 2025 annual accounts show equity of €907k and a net result of €6k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 95% of 1943 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

2 signals · with evidence

Strong solvency vs sector

Solvency is in the sector's strongest quartile: better than 95% of 1943 peers (2025). A comfortable equity buffer.

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 23-09-2025, 38 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-03-2025	31-10-2025	23-09-2025	38 d early	2025-00500002
31-03-2024	31-10-2024	23-09-2024	38 d early	2024-00468298
31-03-2023	31-10-2023	28-09-2023	33 d early	2023-00457591
31-03-2022	31-10-2022	20-09-2022	41 d early	2022-20431955
31-03-2021	31-10-2021	24-09-2021	37 d early	2021-68400425
31-03-2020	31-10-2020	21-09-2020	40 d early	2020-54200478
31-03-2019	31-10-2019	23-09-2019	38 d early	2019-65200123
31-03-2018	31-10-2018	18-09-2018	43 d early	2018-63400349
31-03-2017	31-10-2017	22-09-2017	39 d early	2017-62100214
31-03-2016	31-10-2016	19-09-2016	42 d early	2016-60400029

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2003, 23 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.1% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€6k-86.1%

Working capital€2k-84.2%

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 23-09-2025 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~13%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 69, Legal & accounting · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	99.1%	53.8%	better than 95% of 1943 sector peers
Net result	€6k	€43k	better than 10% of 1943 sector peers
Equity	€907k	€56k	better than 95% of 1944 sector peers
Gross operating margin	€129k	€68k	better than 78% of 1942 sector peers
Total assets	€916k	€133k	better than 95% of 1943 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P95

Improving position over 2020-2025 · n=558-4818

Net result P10

Weakening position over 2020-2025 · n=558-4815

Equity P95

Stable position over 2020-2025 · n=559-4818

Gross operating margin P78

Stable position over 2020-2025 · n=557-4813

Describes the position versus peers, not a forecast.

EBITDA

€118k

-30.0% 19-25

Net profit

€6k

-86.1% 19-25

Cash flow

€110k

-22.0% 19-25

Total assets

€916k

-15.3% 19-25

Equity

€907k

-8.9% 19-25

Working capital

€2k

-84.2% 19-25

Income taxes

€6k

-73.2% 19-25

Dividends

€94k

- 19-25

Debt

€8k

-90.0% 19-25

Debt ≤ 1y

€6k

-93.1% 19-25

Debt > 1y

€75k

-55.2% 19-25

Current ratio

1.34

+16.8% 19-25

Quick ratio

1.34

+16.8% 19-25

Solvency

99.1%

+7.6% 19-25

Debt / equity

0.01

-89.1% 19-25

ROE

0.6%

-84.7% 19-25

ROA

0.6%

-83.6% 19-25

Interest coverage

39.86

+64.2% 19-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	micro
Revenue	-
EBITDA	€118k
Net profit	€6k
Cash flow	€110k
Staff costs	-
Income taxes	€6k
Dividends	€94k
Total assets	€916k
Equity	€907k
Debt	€8k
of which ≤ 1y	€6k
of which > 1y	-
Working capital	€2k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	1.34
Quick ratio	1.34
Working capital ratio	0.2%
Solvency	99.1%
Debt / equity	0.01
Long-term debt ratio	-
Interest coverage	39.86
Gross margin	-
Net margin	-
ROA	0.6%
ROE	0.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €908k · 99.2% Current assets €8k · 0.9%

Equity & liabilities

Equity €907k · 99.1% Debt €8k · 0.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€916k
Fixed assets	21/28	€908k
Tangible fixed assets	22/27	€908k
Financial fixed assets	28	€5
Current assets	29/58	€8k
Amounts receivable within one year	40/41	€1k
Cash & bank	54/58	€7k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€916k
Equity	10/15	€907k
Contributions / capital	10/11	€19k
Reserves	13	€681k
Accumulated profits (losses)	14	€208k
Amounts payable	17/49	€8k
Amounts payable within one year	42/48	€6k
Trade debts payable within one year	44	€469
Income statement
Gross operating margin	9900	€129k
Operating result	9901	€14k
Financial income	75	€288
Financial charges	65	€3k
Result before taxes	9903	€11k
Income taxes	67/77	€6k
Net result for the period	9904	€6k
Result to be appropriated	9905	€12k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

78 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Parcels1

Ground area757 m²

Buildings1

Building footprint213 m²

Volume (LiDAR)905 m³

Tallest building8.9 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41012C1651/00L000	Flanders	757 m²	1 · 213 m²	8.8 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 2 years ago

2023

28-12-2023 Board composition published Director changes·Ruth VERCRUYSSE

Notary: Ruth VERCRUYSSE · GentFirm: DE PAEPE, VERHOEVE & VERCRUYSSE, geassocieerde notarissen

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

64 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 78

Profitability 3

Solvency 85

Growth 52

Stability 100

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