Active BE 0413.102.709Private limited company (pre-2019)

ROOSELAER TECHNICS

Ferdinand Uylenbroeckstraat 2 ·1600 Sint-Pieters-Leeuw, Belgium· 53 yrs active

Sector: Algemene elektrotechnische installatiewerken (43211)

Conclusion Checked

The KBO register records legal situation 050 for ROOSELAER TECHNICS (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show equity of €145k and a net result of €-234k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€145k
Net result	€-234k
Staff (FTE)	4.7
Better than sector	38%

Financial profile 5 of 5 axes measured · computed by Checked

16 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 0

Solvency 46

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

10 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· 1 judicial reorganisation (+10)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Administrative Flags0 events

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.

Health barometer FY 2021 · computed

0 / 100 Critical

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.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 22-09-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	27.1%	36.3%	better than 38% of 3658 sector peers
Net result	€-234k	€11k	better than 5% of 3650 sector peers
Equity	€145k	€26k	better than 90% of 3663 sector peers
Gross operating margin	€105k	€31k	better than 83% of 3650 sector peers
Staff costs	€228k	€26k	higher than 95% of 1334 sector peers

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

EBITDA

€-129k

- 18-21

Net profit

€-234k

-130.7% 18-21

Cash flow

€-215k

-163.8% 18-21

Total assets

€535k

-27.0% 18-21

Equity

€145k

-61.7% 18-21

Working capital

€84k

-73.0% 18-21

Employees (FTE)

5

+2.2% 18-21

Staff costs

€228k

- 18-21

Show 10 other metrics

Debt

€390k

+10.0% 18-21

Debt ≤ 1y

€387k

+14.5% 18-21

Debt > 1y

€3k

-79.9% 18-21

Current ratio

1.22

-36.7% 18-21

Quick ratio

0.85

-41.9% 18-21

Solvency

27.1%

-47.5% 18-21

Debt / equity

2.69

+5888.7% 18-21

ROE

-161.2%

-502.7% 18-21

ROA

-43.7%

-216.1% 18-21

Interest coverage

-11.63

- 18-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€-129k
Net profit	€-234k
Cash flow	€-215k
Staff costs	€228k
Income taxes	-
Dividends	-
Total assets	€535k
Equity	€145k
Debt	€390k
of which ≤ 1y	€387k
of which > 1y	€3k
Working capital	€84k
Employees (FTE)	4.7

Ratios (computed)

	2021
Current ratio	1.22
Quick ratio	0.85
Working capital ratio	15.8%
Solvency	27.1%
Debt / equity	2.69
Long-term debt ratio	0.02
Interest coverage	-11.63
Gross margin	-
Net margin	-
ROA	-43.7%
ROE	-161.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €64k · 11.9% Current assets €471k · 88.1%

Equity & liabilities

Equity €145k · 27.1% Debt €390k · 72.9%

Full annual accounts (24 line items)

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

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€535k
Fixed assets	21/28	€64k
Tangible fixed assets	22/27	€55k
Financial fixed assets	28	€9k
Current assets	29/58	€471k
Stocks & contracts in progress	3	€144k
Amounts receivable within one year	40/41	€207k
Cash & bank	54/58	€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€535k
Equity	10/15	€145k
Contributions / capital	10/11	€456k
Reserves	13	€24k
Accumulated profits (losses)	14	€-335k
Amounts payable	17/49	€390k
Amounts payable after one year	17	€3k
Amounts payable within one year	42/48	€387k
Trade debts payable within one year	44	€56k
Income statement
Gross operating margin	9900	€105k
Operating result	9901	€-147k
Financial income	75	€29
Financial charges	65	€11k
Result before taxes	9903	€-234k
Net result for the period	9904	€-234k
Result to be appropriated	9905	€-234k

This table shows the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Algemene elektrotechnische installatiewerken(43211)
Legal form	Private limited company (pre-2019)(015)
Incorporation	01-01-1973
Status	Active
Postal code	1600
First BS signal	25-01-2023
Latest BS signal	25-01-2023

Establishment units 1 location

Rooselaer Technics

Ferdinand Uylenbroeckstraat 2, 1600 Sint-Pieters-Leeuwde aanleg van leidingen voor het vervoer en de distributie van elektrische energie

since 19732.008.805.662

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.
23583G0002/00A002	Flanders	2,064 m²	1 · 1,092 m²	10.3 m · 2 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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

25-01-2023

Judicial reorganisation Opening

ondernemingsrechtbank Brussel · collectif · event 18-01-2023

2022

22-09-2022