ECM RENOV
ActiveECM RENOV has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46k and a net result of €13k. Equity is growing by ~74.1% per year across the filed fiscal years. Its solvency ranks better than 67% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+8
Solvency79▲+30
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 1.14 in 2023; short-term debt: 29.8% and cash: 47.5% of total assets), and 46% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54%
Return on assets
15.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
6 d early
2022
28 d early
2021
41 d early
2020
4 d early
2019
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▲ 8.5%
2023 · €12k
2018: €-18k
2019: €537
2020: €-6k
2021: €25k
2022: €9k
2023: €12k
2018 → 2024
Working capital
€28k▲ 153%
2023 · €11k
2018: €-32k
2019: €-34k
2020: €-42k
2021: €-28k
2022: €-26k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-14k-€11k€21k▲ 81.6%€33k▲ 58.9%€46k▲ 40.2%
Operating result€-5k-€26k€10k▼ 61.3%€20k▲ 97.8%€20k▲ 2.1%
Net result€-6k-€25k€9k▼ 63.0%€12k▲ 31.0%€13k▲ 8.5%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€31k▼ 30.9%
Current assets
€53k▼ 42.1%
Equity and liabilities €85k
Equity
€46k▲ 40.2%
Debt
€39k▼ 62.8%
The debt ratio falls from 76.2% to 46.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▼
2023 · €38k
Cash flow
€30k▲
2023 · €30k
Solvency
54.0%▲
2023 · 23.8%
Current ratio
2.11▲
2023 · 1.14
Quick ratio
2.11▲
2023 · 1.08
Debt / equity
0.85▼
2023 · 3.21
ROE
28.7%▼
2023 · 37.1%
ROA
15.5%▲
2023 · 8.8%
Interest coverage
38.97▲
2023 · 15.99
Debt
€39k▼
2023 · €105k
Debt ≤ 1 year
€25k▼
2023 · €81k
Debt > 1 year
€14k▼
2023 · €24k
Income taxes
€7k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€137k€85k▼
Fixed assets21/28€45k€31k▼
Tangible fixed assets22/27€42k€28k▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€37k€25k▼
Financial fixed assets28€3k€3k=
Current assets29/58€92k€53k▼
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€6k€11k▲
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€77k€40k▼
Equity and liabilities
Total equity and liabilities10/49€137k€85k▼
Equity10/15€33k€46k▲
Contributions10/11€12k€12k=
Reserves13€14k€26k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€12k€24k▲
Profit (loss) carried forward14€6k€7k▲
Amounts payable17/49€105k€39k▼
Amounts payable after more than one year17€24k€14k▼
Financial debts170/4€24k€14k▼
Amounts payable within one year42/48€81k€25k▼
Current portion of amounts payable after more than one year42€11k€11k▼
Trade debts44€58k€2k▼
Suppliers440/4€58k€2k▼
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€22k€802▼
Gross operating margin9900€60k€38k▼
Operating profit (loss)9901€20k€20k▲
Financial income75/76B€58€606▲
Recurring financial income75€58€606▲
Financial charges65/66B€2k€962▼
Recurring financial charges65€2k€962▼
Profit (loss) for the period before taxes9903€17k€20k▲
Income taxes67/77€5k€7k▲
Profit (loss) for the period9904€12k€13k▲
Profit (loss) for the period to be appropriated9905€12k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€19k▲
Profit (loss) brought forward from the previous period14P€6k€6k▲
Transfer from equity791/2€0-
Transfer to equity691/2€12k€12k=
To other reserves6921€12k€12k=
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.47 to 1.14.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €537
Net result €537 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 22 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
01-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
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, Nivelles · 1 establishment unit since 2007
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.
Chaussée de Mons 5A1400 NivellesGround area
1,750 m²
Building footprint
515 m²
Volume, LiDAR
4,419 m³
2 parcels, Wallonia · tallest building 14.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ECM RENOV
since 20072.164.298.840
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25783E0330/00S000 | Wallonia | 1,520 m² | 1 · 465 m² | 14.3 m · 3 fl. |
| 25742B0570/00_000 | Wallonia | 230 m² | 1 · 50 m² | 9.7 m · 3 fl. |
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
BOUWONDERNEMING PETER LYSSENS
BE 0479.757.842
Beveren-Kruibeke-Zwijndrecht · Eq €46k
Studio McBeck
BE 0792.887.403
Sint-Genesius-Rode · Eq €46k
RENOVA ONE
BE 0543.949.076
Sint-Pieters-Leeuw · Eq €46k
Norbouw
BE 0597.794.766
Knokke-Heist · Eq €46k
LC-DECOR
BE 0781.885.722
Brakel · Eq €46k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-05-2007
Fiscal year end31-12
Activities, NACEBEL
01410Raising of dairy cattle
43990Other specialised construction activities
43999Specialised construction activities
43120Site preparation
43211General electrical installation work
43240Other construction installation
43299Specialised construction activities
45112
45250
45310
68110Buying and selling of own real estate
70120
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.