AB RENOV
ActiveSummary
AB RENOV has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €138k and a net result of €11k. Equity is shrinking by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 46% of 1077 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-3
Solvency64▲+4
Growth22=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 0.91 in 2023; short-term debt: 21% and cash: 5.8% of total assets), and 61.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €138k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-08-2025, 8 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
8 d late
2023
28 d early
2022
37 d early
2021
27 d early
2020
25 d early
2019
94 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Turnover
€311k▼ 26.6%
2020 · €424k
2018: €498k
2019: €470k
2020: €424k
2018 → 2021
EBIT margin
-24.2%▼ 23.9pp
2020 · -0.3%
2018: 13.5%
2019: 11.0%
2020: -0.3%
2018 → 2021
Net result
€11k▲ 41.7%
2023 · €7k
2018: €42k
2019: €36k
2020: €-11k
2021: €-79k
2022: €-2k
2023: €7k
2018 → 2024
Working capital
€2k
2023 · €-9k
2018: €-31k
2019: €2k
2020: €57k
2021: €-8k
2022: €-24k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€424k-€311k▼ 26.6%
Equity€209k-€128k▼ 38.8%€124k▼ 2.8%€130k▲ 4.4%€138k▲ 6.6%
Operating result€-1k-€-75k▼ 5,945%€6k€15k▲ 148%€19k▲ 27.9%
Net result€-11k-€-79k▼ 652%€-2k▲ 98.0%€7k€11k▲ 41.7%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 28% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €357k
Fixed assets
€280k ▲ 0.1%
Current assets
€77k ▼ 13.8%
Equity and liabilities €357k
Equity
€138k ▲ 6.6%
Debt
€218k ▼ 8.6%
Debt's share of the balance-sheet total falls from 64.8% to 61.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€53k▼
2023 · €61k
Cash flow
€45k▼
2023 · €54k
Current ratio
1.03▲
2023 · 0.91
Quick ratio
0.62▼
2023 · 0.69
Debt to equity
1.58▼
2023 · 1.84
ROE
7.6%▲
2023 · 5.7%
ROA
3.0%▲
2023 · 2.0%
Interest coverage
5.49▼
2023 · 7.06
Debt ≤ 1 year
€75k▼
2023 · €99k
Debt > 1 year
€143k▲
2023 · €140k
Income taxes
€520▲
2023 · €514
Staff costs
€192k▼
2023 · €222k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€369k€357k▼
Fixed assets21/28€279k€280k▲
Tangible fixed assets22/27€279k€279k▲
Land and buildings22€261k€238k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24-€28k
Financial fixed assets28€422€422=
Current assets29/58€90k€77k▼
Stocks and contracts in progress3€22k€31k▲
Stocks30/36€22k€31k▲
Amounts receivable within one year40/41€35k€24k▼
Trade receivables40€35k€16k▼
Other amounts receivable41-€9k
Cash at bank and in hand54/58€26k€21k▼
Deferred charges and accrued income490/1€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€369k€357k▼
Equity10/15€130k€138k▲
Contributions10/11€60k€60k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€36k€46k▲
Investment grants15€28k€26k▼
Amounts payable17/49€239k€218k▼
Amounts payable after more than one year17€140k€143k▲
Financial debts170/4€140k€143k▲
Amounts payable within one year42/48€99k€75k▼
Current portion of amounts payable after more than one year42€75k€61k▼
Trade debts44€6k€269▼
Suppliers440/4€6k€269▼
Taxes, remuneration and social security45€9k€14k▲
Taxes450/3€5k-
Remuneration and social security454/9€5k€14k▲
Other amounts payable47/48€8k€0▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€195k€180k▼
Remuneration, social security and pensions62€222k€192k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€34k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€286k€250k▼
Operating profit (loss)9901€15k€19k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€8k€11k▲
Income taxes67/77€514€520▲
Profit (loss) for the period9904€7k€11k▲
Profit (loss) for the period to be appropriated9905€7k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€7k€46k▲
Profit (loss) brought forward from the previous period14P-€36k
Shareholders' contribution to the loss794€28k-
Social balance
Average headcount (FTE)90874.03.0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 8 days late
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 8 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-79k
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 94 days late
2019
31-12
Financial
Equity above €200kEq €202k ▲19.1%
2 profitable years in a row build equity to €202k.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bassenge · 1 establishment unit since 2011
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.
Thier du Moulin 14690 BassengeGround area
3,971 m²
Building footprint
424 m²
Volume, LiDAR
1,184 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AB RENOV
since 20112.194.053.094
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62086A0587/00A000 | Wallonia | 2,992 m² | 1 · 222 m² | 9.1 m · 2 fl. |
| 62086A0607/00R000 | Wallonia | 979 m² | 1 · 203 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ALL WORKS SCHOONMAAKBEDRIJF
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NET CLEAN SERVICES
BE 0830.873.294
Sint-Genesius-Rode · Eq €138,360
ECCO CLEAN
BE 0793.893.530
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ALLO BRUSSELS CLEAN
BE 0827.646.362
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DA GROUP
BE 0754.683.160
Vilvoorde · Eq €139,275
Of 7,356 companies in sector 81210 we hold annual accounts for 2,735. 2,059 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0475/75.18.66