ACTIVE

ROVECO (SA)

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Financial year 2025 · closed on 31/03/2025

Net result

243,7 k €

-32.5% YoY

Gross margin

1,2 M €

-4.4% YoY

Equity

3,2 M €

+0.8% YoY

Workforce

18,4 ETP

+0.5% YoY

What does ROVECO do?

ROVECO is a Public limited company incorporated in 1976. Its main activity is: Manufacture of other outerwear. Its registered office is in Ronse. It employs on average 18,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.893.834

Incorporation

15/03/1976

Legal form

Public limited company

Registered office

Avenue du Bonnet Rouge 151
9600 Ronse · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/03/2025

Average workforce

18,4 ETP

Activities (NACE)

14130Manufacture of other outerwear· main 14210Manufacture of articles of fur 18221Reproduction of recorded media

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	1,2 M €	-4.4%	1,2 M €	+22.3%	1 M €		–		1,6 M €	+11.8%	1,4 M €		–		–		–		1,7 M €	-6.5%	1,9 M €	-6.9%	2 M €	+38.5%	1,4 M €	+12.9%	1,3 M €	-4.6%	1,3 M €	+0.6%	1,3 M €	+8.0%	1,2 M €
EBITDA	383,9 k €	-21.8%	490,9 k €	+99.1%	246,6 k €	-2.7%	253,4 k €	-45.1%	461,8 k €	+48.4%	311,3 k €	+69.8%	183,3 k €	-30.0%	262 k €	+4.1%	251,7 k €	-46.0%	466,5 k €	-21.1%	591,4 k €	-29.0%	833 k €	+166%	312,9 k €	+101%	155,3 k €	-41.2%	263,9 k €	-32.7%	392 k €	+11.3%	352,3 k €
Operating result	348,6 k €	-25.0%	464,8 k €	+114%	217,6 k €	+2.4%	212,5 k €	-48.9%	416,3 k €	+56.0%	267 k €	+71.6%	155,6 k €	-34.7%	238,3 k €	+4.5%	227,9 k €	-47.9%	437,5 k €	-21.2%	555,4 k €	-30.7%	801,1 k €	+176%	290,5 k €	+122%	130,7 k €	-43.0%	229,3 k €	-37.4%	366,2 k €	+11.9%	327,2 k €
Net result	243,7 k €	-32.5%	361,1 k €	+242%	105,5 k €	+6.7%	98,9 k €	-55.2%	221 k €	+126%	97,9 k €	-15.0%	115,2 k €	-12.2%	131,2 k €	-17.2%	158,4 k €	-46.3%	294,9 k €	-27.4%	406,5 k €	-26.2%	550,6 k €	+139%	230,7 k €	+42.6%	161,8 k €	-19.1%	200 k €	-25.7%	269,2 k €	+13.4%	237,3 k €
Balance sheet
Equity	3,2 M €	+0.8%	3,2 M €	+8.9%	3 M €	-10.4%	3,3 M €	+13.9%	2,9 M €	+8.2%	2,7 M €	+3.8%	2,6 M €	-1.3%	2,6 M €	+0.4%	2,6 M €	+6.5%	2,5 M €	+4.6%	2,3 M €	+3.4%	2,3 M €	+32.1%	1,7 M €	+9.3%	1,6 M €	+11.5%	1,4 M €	-6.6%	1,5 M €	+21.7%	1,2 M €
Total assets	4,4 M €	-1.6%	4,5 M €	+8.7%	4,1 M €	-4.5%	4,3 M €	-10.9%	4,8 M €	+8.6%	4,5 M €	+8.5%	4,1 M €	-1.2%	4,2 M €	+1.8%	4,1 M €	+5.1%	3,9 M €	-4.2%	4,1 M €	+13.2%	3,6 M €	+32.5%	2,7 M €	+17.3%	2,3 M €	-3.0%	2,4 M €	-5.0%	2,5 M €	+10.7%	2,3 M €
Cash	1 M €	-64.6%	3 M €	+25.6%	2,4 M €	+31.1%	1,8 M €	+45.6%	1,2 M €	-3.9%	1,3 M €	+3.5%	1,2 M €	+180%	442,3 k €	+20.4%	367,4 k €	-56.7%	848,3 k €	+107%	409,6 k €	-14.5%	479,1 k €	-53.8%	1 M €	+2.8%	1 M €	+36.0%	742,8 k €	+209%	240,5 k €	-22.5%	310,4 k €
Debts	1,1 M €	-9.3%	1,2 M €	+7.3%	1,1 M €	+14.4%	976,4 k €	-48.4%	1,9 M €	+9.5%	1,7 M €	+15.1%	1,5 M €	+0.8%	1,5 M €	+4.8%	1,4 M €	+2.5%	1,4 M €	-17.1%	1,7 M €	+31.7%	1,3 M €	+34.4%	945,8 k €	+36.6%	692,5 k €	-26.4%	940,8 k €	-3.1%	971,4 k €	-3.0%	1 M €
Other
Workforce	18,4 ETP	+0.5%	18,3 ETP	-6.6%	19,6 ETP	-10.5%	21,9 ETP	-28.4%	30,6 ETP	-8.4%	33,4 ETP	-3.5%	34,6 ETP	0.0%	34,6 ETP	-9.9%	38,4 ETP	+0.3%	38,3 ETP	-0.5%	38,5 ETP	+5.2%	36,6 ETP	-1.6%	37,2 ETP	-2.9%	38,3 ETP	-1.3%	38,8 ETP	+11.2%	34,9 ETP	+2.3%	34,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 16 ended

Active mandates

ROELBAUW

Managing director · since 09 septembre 2023 · until 08 septembre 2029 · 0748.656.985

Represented by Filip ROELS

Active

Véronique Bauwens

Director · since 09 septembre 2023 · until 08 septembre 2029

Active

Victor Roels

Director · since 09 septembre 2023 · until 08 septembre 2029

Active

Ended mandates

ROELBAUW

Managing director · since 18 mars 2021 · until 30 septembre 2023 · 0748.656.985

Represented by Filip ROELS

Ended

Filip Roels

Managing director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Raphaël Roels

Director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Véronique Bauwens

Director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Full model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/09/2025	20/09/2024	12/09/2023	13/09/2022	21/09/2021	15/09/2020
General meeting	13/09/2025	14/09/2024	09/09/2023	10/09/2022	11/09/2021	12/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	13/09/2025	16/09/2025	Dutch	PDF
Abridged model	31/03/2024	14/09/2024	20/09/2024	Dutch	PDF
Abridged model	31/03/2023	09/09/2023	12/09/2023	Dutch	PDF
Full model	31/03/2022	10/09/2022	13/09/2022	Dutch	PDF
Abridged model	31/03/2021	11/09/2021	21/09/2021	Dutch	PDF
Abridged model	31/03/2020	12/09/2020	15/09/2020	Dutch	PDF
Abridged model	31/03/2019	14/09/2019	17/09/2019	Dutch	PDF
Abridged model	31/03/2018	08/09/2018	10/09/2018	Dutch	PDF
Full model	31/03/2017	09/09/2017	14/09/2017	Dutch	PDF
Full model	31/03/2016	11/10/2016	26/10/2016	Dutch	PDF
Full modelCorrection	31/03/2015	12/09/2015	12/10/2015	Dutch	PDF
Full model	31/03/2015	12/09/2015	05/10/2015	Dutch	PDF
Abridged model	31/03/2014	13/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	14/09/2013	16/09/2013	Dutch	PDF
Abridged model	31/03/2012	08/09/2012	11/09/2012	Dutch	PDF
Abridged model	31/03/2011	10/09/2011	14/09/2011	Dutch	PDF
Abridged model	31/03/2010	11/09/2010	13/09/2010	Dutch	PDF
Abridged model	31/03/2009	12/09/2009	29/09/2009	Dutch	PDF
Abridged model	31/03/2008	13/09/2008	15/09/2008	Dutch	PDF
Abridged model	31/03/2007	08/09/2007	10/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 3 active · 16 ended

Active mandates

ROELBAUW

Managing director · since 09 septembre 2023 · until 08 septembre 2029 · 0748.656.985

Represented by Filip ROELS

Active

Véronique Bauwens

Director · since 09 septembre 2023 · until 08 septembre 2029

Active

Victor Roels

Director · since 09 septembre 2023 · until 08 septembre 2029

Active

Ended mandates

ROELBAUW

Managing director · since 18 mars 2021 · until 30 septembre 2023 · 0748.656.985

Represented by Filip ROELS

Ended

Filip Roels

Managing director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Raphaël Roels

Director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Véronique Bauwens

Director · since 09 septembre 2017 · until 30 septembre 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares15/04/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/10/2011
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025243,7 k €↓
2024
Annual accounts 2024361,1 k €↑
2023
Annual accounts 2023105,5 k €↑
2022
Annual accounts 202298,9 k €↓
2019
Annual accounts 2019221 k €↑
2018
Annual accounts 201897,9 k €↓
2017
Annual accounts 2017115,2 k €↓
2016
Annual accounts 2016131,2 k €↓
2015
Annual accounts 2015158,4 k €↓
2014
Annual accounts 2014294,9 k €↓
2013
Annual accounts 2013406,5 k €↓
2012
Annual accounts 2012550,6 k €↑
2011
Annual accounts 2011230,7 k €↑
2010
Annual accounts 2010161,8 k €↓
2009
Annual accounts 2009200 k €↓
2008
Annual accounts 2008269,2 k €↑
2007
Annual accounts 2007237,3 k €
15/03/1976
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ROVECO (SA)

Overview

What does ROVECO do?

Trend over 17 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline