E&M-RENOVATION
ActiveSummary
The computed 12-month bankruptcy probability of E&M-RENOVATION is 1.7% (moderate). The 2025 annual accounts show equity of €182k and a net result of €-3k. Equity is growing by ~18.1% per year across the filed fiscal years. Its solvency ranks better than 66% of 27786 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-32
Solvency86▼-3
Growth46▼-17
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 3.32 in 2024; short-term debt: 33% and cash: 71.6% of total assets), and 38.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
71 d late
2023
125 d late
2022
105 d late
2021
470 d late
2020
835 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€103k▼ 8.6%
2020 · €113k
2018: €103k
2020: €113k
2018 → 2021
EBIT margin
6.9%▲ 8.3pp
2020 · -1.3%
2018: 3.9%
2020: -1.3%
2018 → 2021
Net result
€-3k
2024 · €82k
2018: €3k
2019: €4k
2020: €2k
2021: €5k
2022: €7k
2023: €48k
2024: €82k
2018 → 2025
Working capital
€167k▲ 0.5%
2024 · €166k
2018: €50k
2019: €58k
2020: €60k
2021: €66k
2022: €69k
2023: €73k
2024: €166k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€103k-
Equity€67k-€74k▲ 10.3%€103k▲ 38.9%€185k▲ 79.5%€182k▼ 1.6%
Operating result€7k-€9k▲ 21.6%€54k▲ 521%€117k▲ 115%€16k▼ 85.9%
Net result€5k-€7k▲ 43.3%€48k▲ 598%€82k▲ 69.7%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €297k
Fixed assets
€32k ▼ 37.1%
Current assets
€266k ▲ 11.5%
Equity and liabilities €297k
Equity
€182k ▼ 1.6%
Debt
€115k ▲ 11.1%
Debt's share of the balance-sheet total rises from 35.9% to 38.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€36k▼
2024 · €137k
Cash flow
€17k▼
2024 · €102k
Current ratio
2.71▼
2024 · 3.32
Debt to equity
0.63▲
2024 · 0.56
ROE
-1.6%▼
2024 · 44.3%
ROA
-1.0%▼
2024 · 28.4%
Interest coverage
14.56▼
2024 · 98.07
Debt ≤ 1 year
€98k▲
2024 · €72k
Debt > 1 year
€17k▼
2024 · €32k
Income taxes
€17k▼
2024 · €33k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€289k€297k▲
Fixed assets21/28€51k€32k▼
Tangible fixed assets22/27€51k€32k▼
Furniture and vehicles24€51k€32k▼
Financial fixed assets28€45€45=
Current assets29/58€238k€266k▲
Amounts receivable within one year40/41€26k€53k▲
Trade receivables40-€46k
Other amounts receivable41€26k€7k▼
Cash at bank and in hand54/58€207k€213k▲
Deferred charges and accrued income490/1€6k-
Equity and liabilities
Total equity and liabilities10/49€289k€297k▲
Equity10/15€185k€182k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€165k€162k▼
Amounts payable17/49€104k€115k▲
Amounts payable after more than one year17€32k€17k▼
Financial debts170/4€32k€17k▼
Amounts payable within one year42/48€72k€98k▲
Current portion of amounts payable after more than one year42-€8k
Trade debts44€259€619▲
Suppliers440/4€259€619▲
Taxes, remuneration and social security45€33k€36k▲
Taxes450/3€33k€36k▲
Other amounts payable47/48€38k€53k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€3k€10k▲
Gross operating margin9900€139k€46k▼
Operating profit (loss)9901€117k€16k▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€115k€14k▼
Income taxes67/77€33k€17k▼
Profit (loss) for the period9904€82k€-3k▼
Profit (loss) for the period to be appropriated9905€82k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€165k€162k▼
Profit (loss) brought forward from the previous period14P€83k€165k▲
The notes to these accounts (7 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 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼104%
Net result drops to €-3k, the lowest in the series.
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Highest result since 2018net €82k ▲69.7%
Operating result €117k, net result €82k, both a record.
31-12
Financial
Equity above €150kEq €185k ▲79.5%
7 profitable years in a row build equity to €185k.
03-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 125 days late
2023
31-12
Financial
Equity above €100kEq €103k ▲38.9%
6 profitable years in a row build equity to €103k.
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 105 days late
13-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 470 days late
13-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 835 days late
2022
31-12
Financial
Liquidity times 7current ratio 31.36
Current ratio from 4.37 to 31.36; short-term debt falls from €20k to €2k.
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
Show earlier events
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial 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, Sint-Agatha-Berchem · 1 establishment unit since 2012
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.
Groot-Bijgaardenstraat 3221082 Sint-Agatha-BerchemGround area
132 m²
Building footprint
87 m²
Volume, LiDAR
555 m³
Parcel 21003A0091/00X000, Brussels · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
E&M-RENOVATION
since 20122.214.103.093
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0091/00X000 | Brussels | 132 m² | 1 · 87 m² | 10.7 m · 2 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
PROXICHAUF
BE 0441.822.924
Charleroi · Eq €181,999
CSDI
BE 0692.600.388
Anderlecht · Eq €182,723
BILLENS
BE 0434.476.856
Ternat · Eq €182,922
AQUA-ZINC
BE 0433.947.316
Kraainem · Eq €183,089
ELTO GROUP
BE 0642.786.831
Evergem · Eq €183,432
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,303 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
Founded17-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
43230Insulation installation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.