BRUSSELS RENOV
ActiveSummary
BRUSSELS RENOV has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €42k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+32
Solvency100▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 6.7 against 4.31 in 2024; short-term debt: 14.5% and cash: 19.4% of total assets), and 16.2% of the assets are financed with debt.
Credit advice 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 43
Relative position
BE, all sectors
reference
Sector 43
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 · 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
83.8%
Return on assets
20.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
64 d late
2022
28 d late
2021
31 d early
2020
12 d early
2019
62 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€42k
2024 · €-11k
2019: €17k
2020: €427
2021: €49k
2022: €28k
2023: €20k
2024: €-11k
2019 → 2025
Working capital
€170k▲ 21.8%
2024 · €139k
2019: €56k
2020: €60k
2021: €112k
2022: €130k
2023: €141k
2024: €139k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115k-€130k▲ 13.2%€141k▲ 8.4%€130k▼ 7.7%€172k▲ 32.5%
Operating result€52k-€31k▼ 40.9%€30k▼ 1.5%€6k▼ 80.2%€54k▲ 794%
Net result€49k-€28k▼ 42.6%€20k▼ 28.7%€-11k€42k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 794% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€6k ▼ 21.2%
Current assets
€199k ▲ 10.0%
Equity and liabilities €205k
Equity
€172k ▲ 32.5%
Debt
€33k ▼ 43.7%
Debt's share of the balance-sheet total falls from 31.2% to 16.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▲
2024 · €10k
Cash flow
€46k▲
2024 · €-7k
Current ratio
6.70▲
2024 · 4.31
Debt to equity
0.19▼
2024 · 0.45
ROE
24.5%▲
2024 · -8.3%
ROA
20.6%▲
2024 · -5.7%
Interest coverage
93.88▲
2024 · 13.74
Debt ≤ 1 year
€30k▼
2024 · €42k
Debt > 1 year
€3k▼
2024 · €8k
Income taxes
€17k▲
2024 · €16k
Staff costs
€18k▼
2024 · €21k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€189k€205k▲
Fixed assets21/28€8k€6k▼
Tangible fixed assets22/27€8k€6k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€181k€199k▲
Amounts receivable within one year40/41€149k€160k▲
Trade receivables40€28k€59k▲
Other amounts receivable41€121k€101k▼
Cash at bank and in hand54/58€33k€40k▲
Equity and liabilities
Total equity and liabilities10/49€189k€205k▲
Equity10/15€130k€172k▲
Contributions10/11€19k€20k▲
Outside capital11€19k-
Other1109/19€19k-
Reserves13€2k-
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Profit (loss) carried forward14€110k€152k▲
Amounts payable17/49€59k€33k▼
Amounts payable after more than one year17€8k€3k▼
Financial debts170/4€8k€3k▼
Amounts payable within one year42/48€42k€30k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€24k-
Suppliers440/4€24k-
Taxes, remuneration and social security45€5k€25k▲
Taxes450/3€5k€23k▲
Remuneration and social security454/9€326€2k▲
Other amounts payable47/48€9k€400▼
Accrued charges and deferred income492/3€9k-
Income statement
Code20242025
Remuneration, social security and pensions62€21k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€247€198▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€31k€78k▲
Operating profit (loss)9901€6k€54k▲
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€705€616▼
Recurring financial charges65€705€616▼
Profit (loss) for the period before taxes9903€5k€59k▲
Income taxes67/77€16k€17k▲
Profit (loss) for the period9904€-11k€42k▲
Profit (loss) for the period to be appropriated9905€-11k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€152k▲
Profit (loss) brought forward from the previous period14P€120k€110k▼
The notes to these accounts (8 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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-03
Financial
Equity above €150kEq €172k ▲32.5%
Equity rises from €130k to €172k.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-11k ▼154%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
31-03
Financial
Liquidity quadruplescurrent ratio 16.84
Current ratio from 4.25 to 16.84; short-term debt falls from €35k to €8k.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial
Highest result since 2019net €49k ▲11310%
Net result €49k, the highest in the series.
31-03
Financial
Equity above €100kEq €115k ▲73.8%
3 profitable years in a row build equity to €115k.
2020
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
18-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Elsene · 1 establishment unit since 2008
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.
Boondaalse Steenweg 2831050 ElseneGround area
600 m²
Building footprint
111 m²
Volume, LiDAR
1,371 m³
Parcel 21443C0249/00A015, Brussels · tallest building 16.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BRUSSELS RENOV
since 20082.167.625.346
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21443C0249/00A015 | Brussels | 600 m² | 1 · 111 m² | 16.7 m · 4 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
CUAly PROJECTS
BE 0781.633.324
Oostende · Eq €172,246
JT-PROJECTS
BE 1005.253.758
Pajottegem · Eq €172,250
TOITURES BERNARD
BE 0836.251.351
Nivelles · Eq €172,294
HAPPY
BE 0465.304.149
Erpe-Mere · Eq €172,305
ARDELEC SERVICES
BE 0713.598.316
Ganshoren · Eq €171,865
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,973 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
Founded15-11-2007
Fiscal year end31-03
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.