A.R. RENOVATIE
ActiveThe file of A.R. RENOVATIE contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.8% (moderate). The 2025 annual accounts show equity of €277k and a net result of €98k. Equity is growing by ~101.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 7689 sector peers (fiscal year 2025).
Checked score
Score 2025
86
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency72▲+17
Growth78=
Stability85
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days only on tighter terms
Liquidity ample (current ratio 1.56 against 1.35 in 2024), but 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2025Solvency, return and age of the figures
Solvency
38.6%
Return on assets
13.7%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
141 d late
2023
41 d late
2022
120 d late
2021
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€277k▲ 21.0%
2024 · €229k
2021: €23k
2022: €51k
2023: €119k
2024: €229k
2021 → 2025
Total assets
€716k▼ 6.8%
2024 · €768k
2021: €64k
2022: €101k
2023: €281k
2024: €768k
2021 → 2025
Net result
€98k▼ 53.3%
2024 · €210k
2021: €20k
2022: €28k
2023: €68k
2024: €210k
2021 → 2025
Working capital
€245k▲ 32.7%
2024 · €185k
2021: €22k
2022: €53k
2023: €89k
2024: €185k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€51k▲ 122%€119k▲ 134%€229k▲ 92.0%€277k▲ 21.0%
Operating result€25k-€35k▲ 40.0%€89k▲ 152%€253k▲ 185%€123k▼ 51.3%
Net result€20k-€28k▲ 40.7%€68k▲ 144%€210k▲ 207%€98k▼ 53.3%
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 falls in 2025; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €716k
Fixed assets
€32k▼ 49.7%
Current assets
€684k▼ 3.0%
Equity and liabilities €716k
Equity
€277k▲ 21.0%
Debt
€439k▼ 18.6%
The debt ratio falls from 70.2% to 61.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€127k▼
2024 · €293k
Cash flow
€102k▼
2024 · €250k
Solvency
38.6%▲
2024 · 29.8%
Current ratio
1.56▲
2024 · 1.35
Quick ratio
1.56▲
2024 · 1.35
Debt / equity
1.59▼
2024 · 2.36
ROE
35.4%▼
2024 · 91.6%
ROA
13.7%▼
2024 · 27.3%
Interest coverage
52.02▲
2024 · 34.34
Debt
€439k▼
2024 · €539k
Debt ≤ 1 year
€439k▼
2024 · €521k
Debt > 1 year
€0▼
2024 · €19k
Income taxes
€23k▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€768k€716k▼
Fixed assets21/28€63k€32k▼
Tangible fixed assets22/27€63k€32k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€63k€32k▼
Current assets29/58€705k€684k▼
Amounts receivable after more than one year29€200k€200k=
Other amounts receivable291€200k€200k=
Amounts receivable within one year40/41€417k€350k▼
Trade receivables40€393k€314k▼
Other amounts receivable41€25k€35k▲
Cash at bank and in hand54/58€87k€133k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€768k€716k▼
Equity10/15€229k€277k▲
Contributions10/11€3k€3k=
Reserves13€226k€274k▲
Distributable reserves133€226k€274k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€539k€439k▼
Amounts payable after more than one year17€19k€0▼
Financial debts170/4€19k€0▼
Amounts payable within one year42/48€521k€439k▼
Current portion of amounts payable after more than one year42€15k€19k▲
Trade debts44€279k€130k▼
Suppliers440/4€279k€130k▼
Taxes, remuneration and social security45€35k€64k▲
Taxes450/3€35k€64k▲
Other amounts payable47/48€191k€226k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€4k▼
Other operating charges640/8€6k€2k▼
Non-recurring operating charges66A-€12k
Gross operating margin9900€299k€141k▼
Operating profit (loss)9901€253k€123k▼
Financial income75/76B€760€837▲
Recurring financial income75€760€837▲
Financial charges65/66B€9k€2k▼
Recurring financial charges65€9k€2k▼
Profit (loss) for the period before taxes9903€245k€121k▼
Income taxes67/77€35k€23k▼
Profit (loss) for the period9904€210k€98k▼
Profit (loss) for the period to be appropriated9905€210k€98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€210k€98k▼
Transfer to equity691/2€110k€48k▼
To other reserves6921€110k€48k▼
Profit to be distributed694/7€100k€50k▼
Directors or managers695€100k€50k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
19-03
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Gent, afdeling Oudenaarde · van vereffening van : A.R. RENOVATIE BV- met adres Westerring 27L, 9700 Oudenaarde
18-03
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Gent, afdeling Oudenaarde · van: A.R. RENOVATIE BV- WESTERRING 27L, 9700 OUDENAARDE
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 141 days late
2024
31-12
Financial
Highest result since 2021net €210k ▲207%
Operating result €253k, net result €210k, both a record.
31-12
Financial
Equity above €200kEq €229k ▲92%
4 profitable years in a row build equity to €229k.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 41 days late
31-03
Financial
Equity above €100kEq €119k ▲134%
3 profitable years in a row build equity to €119k.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 120 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oudenaarde · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Westerring 27L9700 OudenaardeGround area
9,739 m²
Building footprint
7,295 m²
Volume, LiDAR
59,333 m³
Parcel 45502B0639/00L004, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
A.R. RENOVATIE
since 20202.301.013.709
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45502B0639/00L004 | Flanders | 9,739 m² | 1 · 7,294 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SOEVEREIN
BE 0762.521.354
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Keukens Robbelin
BE 0458.803.466
Ichtegem · Eq €277k
KEMAQUA
BE 0899.704.197
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BUL - CONSTRUCT
BE 0892.617.358
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UNIKPOOLS
BE 0642.569.966
Gembloux · Eq €276k
Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 5,450 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2020
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43320Joinery installation
43341Painting of buildings
43410Roofing work
43994Specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.