EL RENOVATION
ActiveThe computed 12-month bankruptcy probability of EL RENOVATION is 3.3% (moderate). The 2025 annual accounts show equity of €18k and a net result of €2k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 41% of 7321 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
69
/ 100
Healthy▲ +19 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+12
Solvency55▲+32
Growth72▼-13
Stability100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.95 against 0.88 in 2024), and 64.2% 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 41
Relative position
BE, all sectors
reference
Sector 41
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
35.8%
Return on assets
3.8%
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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
18 d late
2023
66 d late
2022
115 d late
2021
73 d late
2020
88 d late
← 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, micro schema
Turnover
€107k▼ 50.4%
2024 · €216k
2020: €73k
2021: €121k
2022: €98k
2023: €82k
2024: €216k
2020 → 2025
EBIT margin
4.8%▲ 2.4pp
2024 · 2.4%
2020: 2.8%
2021: 2.3%
2022: -21.1%
2023: 33.6%
2024: 2.4%
2020 → 2025
Net result
€2k▼ 0.8%
2024 · €2k
2020: €2k
2021: €11k
2022: €-21k
2023: €20k
2024: €2k
2020 → 2025
Working capital
€-2k▲ 75.9%
2024 · €-7k
2020: €6k
2021: €2k
2022: €-8k
2023: €-11k
2024: €-7k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€121k-€98k▼ 18.9%€82k▼ 16.2%€216k▲ 162%€107k▼ 50.4%
Equity€15k-€-6k€14k€16k▲ 13.5%€18k▲ 11.8%
Operating result€3k-€-21k€28k€5k▼ 81.3%€5k▼ 1.2%
Net result€11k-€-21k€20k€2k▼ 90.3%€2k▼ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€20k▼ 34.8%
Current assets
€31k▼ 36.6%
Equity and liabilities €51k
Equity
€18k▲ 11.8%
Debt
€33k▼ 48.2%
The debt ratio falls from 79.5% to 64.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€16k▼
2024 · €16k
Cash flow
€13k▲
2024 · €12k
Solvency
35.8%▲
2024 · 20.5%
Current ratio
0.95▲
2024 · 0.88
Quick ratio
0.95▲
2024 · 0.88
Debt / equity
1.79▼
2024 · 3.87
ROE
10.5%▼
2024 · 11.9%
ROA
3.8%▲
2024 · 2.4%
Interest coverage
15.04▲
2024 · 10.93
Debt
€33k▼
2024 · €63k
Debt ≤ 1 year
€33k▼
2024 · €56k
Income taxes
€2k▲
2024 · €2k
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€80k€51k▼
Fixed assets21/28€30k€20k▼
Tangible fixed assets22/27€30k€20k▼
Furniture and vehicles24€12k€8k▼
Leasing and similar rights25€19k€12k▼
Current assets29/58€49k€31k▼
Amounts receivable within one year40/41€43k€28k▼
Trade receivables40€40k€20k▼
Other amounts receivable41€3k€8k▲
Cash at bank and in hand54/58€6k€3k▼
Equity and liabilities
Total equity and liabilities10/49€80k€51k▼
Equity10/15€16k€18k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€13k€15k▲
Amounts payable17/49€63k€33k▼
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€56k€33k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€927€2k▲
Suppliers440/4€927€2k▲
Taxes, remuneration and social security45€45k€24k▼
Taxes450/3€5k€4k▼
Remuneration and social security454/9€40k€20k▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Turnover70€216k€107k▼
Goods, raw materials, services and sundry goods60/61€200k€91k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€720€175▼
Gross operating margin9900€16k€16k▼
Operating profit (loss)9901€5k€5k▼
Financial income75/76B-€120
Recurring financial income75-€120
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€4k€4k▲
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€13k€15k▲
Profit (loss) brought forward from the previous period14P€11k€13k▲
The notes to these accounts (4 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
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 66 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 115 days late
2022
31-12
Financial
Weakest financial yearnet €-21k ▼298%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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-Jans-Molenbeek · 1 establishment unit since 2019
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.
Kolomstraat 11080 Sint-Jans-MolenbeekGround area
182 m²
Building footprint
170 m²
Volume, LiDAR
2,357 m³
2 parcels, Brussels · tallest building 17.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
EL RENOVATION
since 20192.303.843.931
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21522B0621/00K000 | Brussels | 93 m² | 1 · 86 m² | 17.3 m · 5 fl. |
| 21904B0435/00Z002 | Brussels | 89 m² | 1 · 84 m² | 14.8 m · 5 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
ESSERS PROJECTS
BE 1013.260.515
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BF Constructions
BE 0474.474.708
Wemmel · Eq €18k
OMBOUW
BE 0795.797.007
Mol · Eq €18k
RMS CONSTRUCT
BE 0800.403.814
Vilvoorde · Eq €18k
Algemene Bouwonderneming Cuypers Kristof
BE 0662.450.612
Haacht · Eq €18k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 11,165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2019
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.