GAENS R.N.W.
ActiveGAENS R.N.W. has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €-49. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency73▼-26
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.37 against 2.3 in 2024), and 57.4% 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2025Solvency, return and age of the figures
Solvency
42.6%
Return on assets
-0.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
1 d early
2023
55 d late
2022
23 d late
2021
61 d late
2020
55 d late
2019
249 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
Equity
€8k▼ 0.6%
2024 · €8k
2018: €4k
2019: €13k
2020: €2k
2021: €-991
2022: €770
2023: €6k
2024: €8k
2018 → 2025
Total assets
€18k▲ 45.5%
2024 · €13k
2018: €44k
2019: €37k
2020: €22k
2021: €17k
2022: €11k
2023: €19k
2024: €13k
2018 → 2025
Net result
€-49
2024 · €2k
2018: €5k
2019: €8k
2020: €-11k
2021: €-3k
2022: €2k
2023: €5k
2024: €2k
2018 → 2025
Working capital
€4k▼ 36.7%
2024 · €6k
2018: €-1k
2019: €8k
2020: €-3k
2021: €-5k
2022: €-5k
2023: €2k
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-991-€770€6k▲ 629%€8k▲ 39.1%€8k▼ 0.6%
Operating result€-3k-€3k€6k▲ 134%€4k▼ 39.6%€1k▼ 66.3%
Net result€-3k-€2k€5k▲ 175%€2k▼ 54.7%€-49
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 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €18k
Fixed assets
€4k▲ 134%
Current assets
€14k▲ 31.9%
Equity and liabilities €18k
Equity
€8k▼ 0.6%
Debt
€10k▲ 122%
The debt ratio rises from 37.7% to 57.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€3k▼
2024 · €5k
Cash flow
€1k▼
2024 · €4k
Solvency
42.6%▼
2024 · 62.3%
Current ratio
1.37▼
2024 · 2.30
Quick ratio
1.37▼
2024 · 2.30
Debt / equity
1.35▲
2024 · 0.60
ROE
-0.6%▼
2024 · 28.1%
ROA
-0.3%▼
2024 · 17.5%
Interest coverage
8.95▼
2024 · 16.61
Debt
€10k▲
2024 · €5k
Debt ≤ 1 year
€10k▲
2024 · €5k
Income taxes
€957▼
2024 · €1k
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€13k€18k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€4k▲
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€334€3k▲
Current assets29/58€11k€14k▲
Amounts receivable within one year40/41€8k€13k▲
Trade receivables40€4k€12k▲
Other amounts receivable41€3k€951▼
Cash at bank and in hand54/58€2k-
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€13k€18k▲
Equity10/15€8k€8k▼
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€-13k€-13k▼
Amounts payable17/49€5k€10k▲
Amounts payable within one year42/48€5k€10k▲
Financial debts43-€593
Credit institutions430/8-€593
Trade debts44€3k€7k▲
Suppliers440/4€3k€7k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48-€533
Accrued charges and deferred income492/3-€43
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€960▼
Gross operating margin9900€6k€4k▼
Operating profit (loss)9901€4k€1k▼
Financial income75/76B€143€2▼
Recurring financial income75€143€2▼
Financial charges65/66B€312€285▼
Recurring financial charges65€312€285▼
Profit (loss) for the period before taxes9903€3k€908▼
Income taxes67/77€1k€957▼
Profit (loss) for the period9904€2k€-49▼
Profit (loss) for the period to be appropriated9905€2k€-49▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-13k▼
Profit (loss) brought forward from the previous period14P€-15k€-13k▲
The notes to these accounts (5 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 1.17
Current ratio from 0.52 to 1.17.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 249 days late
2020
31-12
Financial
Weakest financial yearnet €-11k ▼224%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
2019
31-12
Financial
Highest result since 2018net €8k ▲60%
Operating result €9k, net result €8k, both a record.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Wellen · 1 establishment unit since 1995
Ground area
6,058 m²
Parcel 73098C0517/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
GAENS RNW
since 19952.071.686.705
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73098C0517/00E000 | Flanders | 6,058 m² | - | - |
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
PRO RENOVATION
BE 0776.391.067
Sint-Genesius-Rode · Eq €8k
CURRENTI
BE 0438.304.792
Saint-Nicolas · Eq €8k
ECOBUILDERS
BE 0895.581.402
Elsene · Eq €8k
GILLES CONSTRUCTIONS
BE 0700.376.622
Stoumont · Eq €8k
REMBAT
BE 0677.747.809
Lessines · Eq €8k
Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 8,168 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-03-1995
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
43331Floor and wall tiling
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.