Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RHODESGOED from Izegem, company number BE0562930986, closed financial year 2025 with a result of € 404,279 after tax. For that financial year RHODESGOED recorded a gross margin of € 1.8 million and equity of € 34,279. Compared with financial year 2024, the result moved from € 547,015 to € 404,279. The company is profitable. The buffer shrank hard: equity is 74 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 34,279
▼ 74% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 404,279
▼ 26% vs 2024
Profit after tax over the fiscal year.
€ 118,022
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 499,389 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
18.9
▲ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 15% vs 2024
€ 61,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,488
▲ € 55,287 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 45,183
▲ € 42,361 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,798
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,174,122 | € 1,298,758 | € 1,630,541 | € 1,796,282 | ▲ 10% |
| Profit after taxes | € 260,995 | € 306,080 | € 547,015 | € 404,279 | ▼ 26% |
| Equity | € 111,295 | € 117,375 | € 129,389 | € 34,279 | ▼ 74% |
| Total debts | € 454,443 | € 549,644 | € 704,313 | € 560,370 | ▼ 20% |
| Cash | € 331,592 | € 236,171 | € 183,053 | € 118,022 | ▼ 36% |
| Land & buildings | € 66,863 | € 49,176 | € 88,432 | € 107,893 | ▲ 22% |
| Retained profit | € 61,295 | € 67,375 | € 79,389 | € -15,721 | ▼ € 95,110 |
| Dividend | € 250,000 | € 300,000 | € 535,000 | € 499,389 | ▼ 7% |
| Bank debt | € 0 | € 63,622 | € 0 | € 0 | |
| Balance sheet total | € 565,738 | € 667,019 | € 833,702 | € 594,649 | ▼ 29% |
| Employees (FTE) | 15.7 | 15.6 | 17 | 18.9 | ▲ 1.9 |
Key figures of RHODESGOED, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to RHODESGOED?
What happened at RHODESGOED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 404,279 (▼ 26% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 260,995 profit in 2022 to € 404,279 profit in 2025.
Paid € 160,529 in corporate taxes since 2022.
Best year ever: 2024, with € 547,015 profit.
On average € 95,000 of value added per employee in 2025.
Management
Behind RHODESGOED is Paperassi BV.
Directors
According to the 2025 annual accounts
Director · represented by Wim Degezelle
Establishments
Establishment units
Physical locations of this company
Rhodesstraat 2
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0562.930.986
- VAT number
- BE 0562.930.986
- Registered office
- Rhodesstraat 2, 8870 Izegem
- Names & denominations
- RHODESGOED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 2014
- Peppol
- Active · Active since 8 Apr 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen