ROTEC
ActiveSummary
ROTEC has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €64,557 and a net result of €176,391. Equity is shrinking by ~49% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 30% of 280 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2026
Axes · tick = 2025
Profitability100▲+69
Solvency36▲+36
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 0.19 in 2025; short-term debt: 40.9% and cash: 0.2% of total assets), but 88.7% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2026Solvency, return and age of the figures
Solvency
11.3%
Return on assets
30.8%
Age of the figures
7 mo
neutral · Latest accounts filed on time
The financial year that closed on 28-02-2026 was due by 30-09-2026 and was filed on 24-08-2026, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
37 d early
2025
4 d early
2024
11 d early
2023
19 d early
2022
2 d early
2021
34 d early
2020
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 28-02-2027 and is due by 30-09-2027. Nothing is late today. Usually files around 19 September (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today28-02-2027 close30-09-2027 deadline
History
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Financials · fiscal year 2026, abbreviated schema
Equity
€64,557
2025 · -€111,834
Total assets
€572,600▲ 59.3%
2025 · €359,497
Net result
€176,391
2025 · -€26,267
Working capital
€129,461
2025 · -€104,545
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20222023202420252026
Operating result-€15,133▼ 18.1%€17,653-€81,394-€14,234▲ 82.5%€232,577
Net result-€27,200below the sector's middle half▲ 5.6%€8,696within the sector's middle half-€89,755below the sector's middle half-€26,267below the sector's middle half▲ 70.7%€176,391
Equity-€4,508below the sector's middle half€4,189within the sector's middle half-€85,567below the sector's middle half-€111,834below the sector's middle half▼ 30.7%€64,557
Total assets€870,229above the sector's middle half▼ 12.8%€593,973above the sector's middle half▼ 31.7%€457,757above the sector's middle half▼ 22.9%€359,497above the sector's middle half▼ 21.5%€572,600▲ 59.3%
Debt€874,736▼ 10.3%€589,784▼ 32.6%€543,323▼ 7.9%€471,331▼ 13.3%€468,272▼ 0.6%
Working capital€252,345above the sector's middle half▼ 18.0%€104,025above the sector's middle half▼ 58.8%€14,089within the sector's middle half▼ 86.5%-€104,545below the sector's middle half€129,461
Solvency-0.5%below the sector's middle half▼ 2.8pp0.7%below the sector's middle half▲ 1.2pp-18.7%below the sector's middle half▼ 19.4pp-31.1%below the sector's middle half▼ 12.4pp11.3%▲ 42.4pp
Current ratio3.26above the sector's middle half▼ 0.302.07within the sector's middle half▼ 1.191.14within the sector's middle half▼ 0.920.19below the sector's middle half▼ 0.961.55▲ 1.37
Return on assets (ROA)-3.1%within the sector's middle half▼ 0.2pp1.5%within the sector's middle half▲ 4.6pp-19.6%below the sector's middle half▼ 21.1pp-7.3%below the sector's middle half▲ 12.3pp30.8%▲ 38.1pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2026: €232,577 after a loss of €14,234 in 2025, the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €572,600
Fixed assets
€208,898 ▼ 37.7%
Current assets
€363,702 ▲ 1,416%
Equity and liabilities €572,600
Equity
€64,557
Provisions
€39,771
Debt
€468,272
Debt finances 81.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€266,068▲
2025 · €29,579
Cash flow
€209,881▲
2025 · €17,545
Debt to equity
7.25
ROE
273.2%
Interest coverage
22.81▲
2025 · 2.53
Debt ≤ 1 year
€234,241▲
2025 · €128,537
Debt > 1 year
€234,031▼
2025 · €341,794
Income taxes
€6,269▲
2025 · €442
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,613 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 2,613 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
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €168,856 | €0 | - | €168,213 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €78,347 | €73,134 | €56,651 | €43,813 | €33,490 | ▼ 23.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €46,708 | €179,678 | €94,767 | €0 | - | - |
| Other operating charges640/8 | €39,223 | €20,684 | €23,437 | €41,294 | €24,385 | ▼ 40.9% |
| Non-recurring operating charges66A | - | €9,400 | - | - | - | - |
| Gross operating margin9900 | €149,145 | €300,549 | €93,461 | €70,873 | €290,453 | ▲ 310% |
| Operating profit (loss)9901 | -€15,133 | €17,653 | -€81,394 | -€14,234 | €232,577 | ▲ 1,734% |
| Financial income75/76B | €0 | €0 | €658 | €91 | €1,517 | ▲ 1,571% |
| Recurring financial income75 | €0 | €0 | €658 | €91 | €1,517 | ▲ 1,571% |
| Financial charges65/66B | €11,590 | €8,448 | €8,486 | €11,682 | €11,664 | ▼ 0.2% |
| Recurring financial charges65 | €11,590 | €8,448 | €8,486 | €11,682 | €11,664 | ▼ 0.2% |
| Non-recurring financial charges66B | - | - | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€26,722 | €9,205 | -€89,222 | -€25,825 | €222,430 | ▲ 961% |
| Transfer to deferred taxes680 | - | - | - | - | €39,771 | - |
| Income taxes67/77 | €477 | €508 | €534 | €442 | €6,269 | ▲ 1,318% |
| Profit (loss) for the period9904 | -€27,200 | €8,696 | -€89,755 | -€26,267 | €176,391 | ▲ 772% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €119,312 | - |
| Profit (loss) for the period to be appropriated9905 | -€27,200 | €8,696 | -€89,755 | -€26,267 | €57,079 | ▲ 317% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €870,229 | €593,973 | €457,757 | €359,497 | €572,600 | ▲ 59.3% |
| Fixed assets21/28 | €506,196 | €392,517 | €345,856 | €335,505 | €208,898 | ▼ 37.7% |
| Tangible fixed assets22/27 | €496,796 | €392,517 | €345,856 | €335,505 | €208,898 | ▼ 37.7% |
| Land and buildings22 | €493,278 | €390,696 | €345,172 | €335,035 | €208,820 | ▼ 37.7% |
| Plant, machinery and equipment23 | €1,984 | €1,054 | €684 | €470 | €78 | ▼ 83.5% |
| Furniture and vehicles24 | €1,533 | €767 | €0 | €0 | €0 | ▼ 100% |
| Financial fixed assets28 | €9,400 | - | - | - | - | - |
| Current assets29/58 | €364,033 | €201,456 | €111,901 | €23,992 | €363,702 | ▲ 1,416% |
| Stocks and contracts in progress3 | €140,087 | €140,087 | €0 | - | - | - |
| Stocks30/36 | €140,087 | €140,087 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €218,234 | €43,001 | €37,740 | €20,155 | €359,510 | ▲ 1,684% |
| Trade receivables40 | €217,410 | €37,962 | €37,740 | €3,500 | €4,500 | ▲ 28.6% |
| Other amounts receivable41 | €824 | €5,039 | €0 | €16,655 | €355,010 | ▲ 2,032% |
| Cash at bank and in hand54/58 | €2,542 | €14,555 | €71,469 | €1,093 | €887 | ▼ 18.8% |
| Deferred charges and accrued income490/1 | €3,170 | €3,812 | €2,691 | €2,744 | €3,305 | ▲ 20.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €870,229 | €593,973 | €457,757 | €359,497 | €572,600 | ▲ 59.3% |
| Equity10/15 | -€4,508 | €4,189 | -€85,567 | -€111,834 | €64,557 | ▲ 158% |
| Contributions10/11 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Capital10 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Issued capital100 | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Reserves13 | €597,613 | €597,613 | €597,613 | €597,613 | €774,004 | ▲ 29.5% |
| Non-distributable reserves130/1 | €17,500 | €17,500 | €17,500 | €17,500 | €17,500 | = |
| Legal reserve130 | €17,500 | €17,500 | €17,500 | €17,500 | €17,500 | = |
| Tax-exempt reserves132 | €10,952 | €10,952 | €10,952 | €10,952 | €130,264 | ▲ 1,089% |
| Distributable reserves133 | €569,161 | €569,161 | €569,161 | €569,161 | €626,240 | ▲ 10.0% |
| Profit (loss) carried forward14 | -€777,121 | -€768,424 | -€858,180 | -€884,447 | -€884,447 | = |
| Provisions and deferred taxes16 | - | - | - | - | €39,771 | - |
| Deferred taxes168 | - | - | - | - | €39,771 | - |
| Amounts payable17/49 | €874,736 | €589,784 | €543,323 | €471,331 | €468,272 | ▼ 0.6% |
| Amounts payable after more than one year17 | €760,049 | €489,354 | €445,512 | €341,794 | €234,031 | ▼ 31.5% |
| Financial debts170/4 | €368,739 | €293,805 | €393,402 | €314,880 | €234,031 | ▼ 25.7% |
| Other amounts payable178/9 | €391,310 | €195,548 | €52,110 | €26,914 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €111,688 | €97,430 | €97,812 | €128,537 | €234,241 | ▲ 82.2% |
| Current portion of amounts payable after more than one year42 | €92,253 | €74,934 | €76,246 | €78,522 | €80,849 | ▲ 3.0% |
| Financial debts43 | - | - | - | - | €100,000 | - |
| Credit institutions430/8 | - | - | - | - | €100,000 | - |
| Trade debts44 | €327 | €2,564 | €2,040 | €2,918 | €469 | ▼ 83.9% |
| Suppliers440/4 | €327 | €2,564 | €2,040 | €2,918 | €469 | ▼ 83.9% |
| Taxes, remuneration and social security45 | €1,107 | €933 | €525 | €17,097 | €22,924 | ▲ 34.1% |
| Taxes450/3 | €1,107 | €933 | €525 | €17,097 | €22,924 | ▲ 34.1% |
| Other amounts payable47/48 | €18,000 | €19,000 | €19,000 | €30,000 | €30,000 | = |
| Accrued charges and deferred income492/3 | €3,000 | €3,000 | €0 | €1,000 | €0 | ▼ 100% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€27,200 | €8,696 | -€89,755 | -€26,267 | €176,391 | ▲ 772% |
| + Depreciation and write-downs630 | €78,347 | €73,134 | €56,651 | €43,813 | €33,490 | ▼ 23.6% |
| Operating cash flow (approximation) | €51,148 | €81,831 | -€33,105 | €17,545 | €209,881 | ▲ 1,096% |
| Investment in fixed assets (approximation) | - | €40,544 | -€9,990 | -€33,462 | €93,117 | ▲ 378% |
| Change in cash | - | €12,014 | €56,914 | -€70,376 | -€206 | ▲ 99.7% |
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 2027, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema
28-02
Financial
Back to profitnet €176,391
Net result €176,391 after 2 loss-making years.
28-02
Financial
Liquidity times 8current ratio 1.55
Current ratio from 0.19 to 1.55.
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
29-02
Financial
Weakest financial yearnet -€89,755
Net result drops to -€89,755, the lowest in the series; recovery starts the following year.
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
28-02
Financial
Back to profitnet €8,696
Net result €8,696 after 4 loss-making years.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
28-02
Financial
Liquidity quadruplescurrent ratio 3.56
Current ratio from 0.90 to 3.56; short-term debt falls from €518,293 to €120,433.
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Heusden-Zolder · 3 establishment units since 1999
Ground area
2,544 m²
Building footprint
1,449 m²
Volume, LiDAR
8,078 m³
3 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
3 establishment units
RONNY OYEN
since 19992.090.061.869
Babypaleis
since 20032.135.925.053
XPLOSIV
since 20042.135.929.409
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0109/00X003 | Flanders | 1,079 m² | 1 · 238 m² | 10.8 m · 1 fl. |
| 71502B0039/00B000 | Flanders | 794 m² | 1 · 646 m² | 9.9 m · 3 fl. |
| 71502B0040/00B003 | Flanders | 671 m² | 1 · 566 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 28-02-2022 list no shareholders, and no other source names one.
Holdings 1
-
50.54%
According to the annual accounts to 28-02-2022 of ROTEC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Dual-learning approval
4 endedAanvuller (so)
Kassier (so)
Verkoper (so)
Winkelbediende (so)
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Company details
Identification
Legal formPublic limited company
Founded06-01-1999
Fiscal year end28-02
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47713Retail trade
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465107971
Also
9925:BE0465107971
Registered
13-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.