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GREEN RENO

Active
Private limited companyfounded 20233 yrs activeRue de Liège 146, 4800 Verviers, BelgiumKBO/BCE: BE 0801.898.505
Summary

The computed 12-month bankruptcy probability of GREEN RENO is 6.5% (elevated). The 2024 annual accounts show negative equity (-€8,208) and a net result of -€12,770. Its solvency ranks better than 5% of 36378 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency0▼-100
Growth55
Track record94
Bankruptcy probability, 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.6 against 1.67 in 2023; short-term debt: 146.9% and cash: 0% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
-46.9%
Return on assets
-73%
Age of the figures
21 mo
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€8,208
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-05-2026, 295 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
295 d late
2023
462 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 379 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 May 2023, GREEN RENO was incorporated as a Private limited company.1 MORAY Marc Paul has served as director of the company since 2026.2 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 05-06-2026
  3. 3National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Turnover
€55,453▲ 113%
2023 · €26,090
EBIT margin
-23.0%▼ 39.8pp
2023 · 16.9%
Net result
-€12,770
2023 · €3,562
Working capital
-€10,265
2023 · €1,005
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Turnover€26,090-€55,453▲ 113%
Operating result€4,405--€12,730
Net result€3,562within the sector's middle half--€12,770below the sector's middle half
EBIT margin16.9%--23.0%▼ 39.8pp
Equity€4,562below the sector's middle half--€8,208below the sector's middle half
Total assets€6,052below the sector's middle half-€17,485below the sector's middle half▲ 189%
Debt€1,490-€25,693▲ 1,625%
Working capital€1,005below the sector's middle half--€10,265below the sector's middle half
Solvency75.4%above the sector's middle half--46.9%below the sector's middle half▼ 122.3pp
Current ratio1.67within the sector's middle half-0.60below the sector's middle half▼ 1.07
Return on assets (ROA)58.9%above the sector's middle half--73.0%below the sector's middle half▼ 131.9pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0€5,000Operating result 2023: €4,405€4,405Net result 2023: €3,562€3,562Operating result 2024: -€12,730-€12,730Net result 2024: -€12,770-€12,77020232024-€15,000-€10,000-€5,000€0€5,000Operating result 2023: €4,405€4,410Net result 2023: €3,562€3,560Operating result 2024: -€12,730-€12,700Net result 2024: -€12,770-€12,80020232024
The operating result turns negative in 2024: a loss of €12,730 after €4,405 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17,485
Fixed assets €2,057 ▼ 42.2%
Current assets €15,428 ▲ 518%
Equity and liabilities
Equity-€8,208
Debt€25,693
Equity is negative: debt (€25,693) exceeds the balance-sheet total (€17,485).
Key figures and ratios
2024 value · change against 2023
EBITDA
-€11,230▼
2023 · €5,348
Cash flow
-€11,270▼
2023 · €4,505
Interest coverage
-53.65▼
2023 · 97.24
Debt ≤ 1 year
€25,693▲
2023 · €1,490
Staff costs
€46,782
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 39 lines
Balance sheet Code20232024
Assets
Total assets20/58€6,052€17,485▲
Fixed assets21/28€3,557€2,057▼
Tangible fixed assets22/27€3,557€2,057▼
Furniture and vehicles24€3,557€2,057▼
Current assets29/58€2,495€15,428▲
Amounts receivable within one year40/41€1,629€15,427▲
Trade receivables40€122€10,715▲
Other amounts receivable41€1,507€4,713▲
Cash at bank and in hand54/58€866€1▼
Equity and liabilities
Total equity and liabilities10/49€6,052€17,485▲
Equity10/15€4,562-€8,208▼
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€3,562-€9,208▼
Amounts payable17/49€1,490€25,693▲
Amounts payable within one year42/48€1,490€25,693▲
Current portion of amounts payable after more than one year42-€5,341
Trade debts44€559€2,550▲
Suppliers440/4€559€2,550▲
Taxes, remuneration and social security45€930€17,246▲
Taxes450/3€930€2,604▲
Remuneration and social security454/9-€14,641
Other amounts payable47/48-€556
Income statement Code20232024
Turnover70€26,090€55,453▲
Non-recurring operating income76A-€6,596
Goods, raw materials, services and sundry goods60/61€20,742€30,194▲
Remuneration, social security and pensions62-€46,782
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943€1,500▲
Gross operating margin9900€5,348€35,553▲
Operating profit (loss)9901€4,405-€12,730▼
Financial income75/76B€143€169▲
Recurring financial income75€143€169▲
Financial charges65/66B€55€209▲
Recurring financial charges65€55€209▲
Profit (loss) for the period before taxes9903€4,493-€12,770▼
Income taxes67/77€930-
Profit (loss) for the period9904€3,562-€12,770▼
Profit (loss) for the period to be appropriated9905€3,562-€12,770▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,562-€9,208▼
Profit (loss) brought forward from the previous period14P-€3,562

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Turnover70€26,090€55,453▲ 113%
Non-recurring operating income76A-€6,596-
Goods, raw materials, services and sundry goods60/61€20,742€30,194▲ 45.6%
Remuneration, social security and pensions62-€46,782-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€943€1,500▲ 59.1%
Gross operating margin9900€5,348€35,553▲ 565%
Operating profit (loss)9901€4,405-€12,730▼ 389%
Financial income75/76B€143€169▲ 18.4%
Recurring financial income75€143€169▲ 18.4%
Financial charges65/66B€55€209▲ 281%
Recurring financial charges65€55€209▲ 281%
Profit (loss) for the period before taxes9903€4,493-€12,770▼ 384%
Income taxes67/77€930--
Profit (loss) for the period9904€3,562-€12,770▼ 458%
Profit (loss) for the period to be appropriated9905€3,562-€12,770▼ 458%
Line20232024Change
Assets
Total assets20/58€6,052€17,485▲ 189%
Fixed assets21/28€3,557€2,057▼ 42.2%
Tangible fixed assets22/27€3,557€2,057▼ 42.2%
Furniture and vehicles24€3,557€2,057▼ 42.2%
Current assets29/58€2,495€15,428▲ 518%
Amounts receivable within one year40/41€1,629€15,427▲ 847%
Trade receivables40€122€10,715▲ 8,661%
Other amounts receivable41€1,507€4,713▲ 213%
Cash at bank and in hand54/58€866€1▼ 99.9%
Equity and liabilities
Total equity and liabilities10/49€6,052€17,485▲ 189%
Equity10/15€4,562-€8,208▼ 280%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€3,562-€9,208▼ 358%
Amounts payable17/49€1,490€25,693▲ 1,625%
Amounts payable within one year42/48€1,490€25,693▲ 1,625%
Current portion of amounts payable after more than one year42-€5,341-
Trade debts44€559€2,550▲ 356%
Suppliers440/4€559€2,550▲ 356%
Taxes, remuneration and social security45€930€17,246▲ 1,753%
Taxes450/3€930€2,604▲ 180%
Remuneration and social security454/9-€14,641-
Other amounts payable47/48-€556-
Line20232024Change
Profit (loss) for the period9904€3,562-€12,770▼ 458%
+ Depreciation and write-downs630€943€1,500▲ 59.1%
Operating cash flow (approximation)€4,505-€11,270▼ 350%
Investment in fixed assets (approximation)-€0-
Change in cash--€865-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
05-06
State Gazette act Resignation: MUPENZI Guy Robert (director)
Appointment: MORAY Marc Paul (director)3 facts ▸
  • General meeting, 12-01-2026
  • Director resignation, MUPENZI Guy Robert (director)
  • Director appointment, MORAY Marc Paul (director)
22-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 295 days late
2025
05-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 462 days late
State Gazette actNBB filing
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
MORAY Marc Paul
Director · since 12-01-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Verviers · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
349 m²
Building footprint
84 m²
Volume, LiDAR
1,216 m³
Parcel 63079D0399/00H009, Wallonia · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
GREEN RENO
Rue de Liège 146, 4800 VerviersSpecialised construction activities
since 20232.347.412.866
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079D0399/00H009 Wallonia 349 m² 1 · 84 m² 16.9 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

2 people since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
MORAY Marc Paul
  • Director, from 12-01-2026 to date
MUPENZI Guy Robert
  • Director, until 05-06-2026
See the board, name and seat on a given date →

Structure & network

Connections & network

1 current director
Depth

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 4,018 companies in this sector we hold annual accounts for 1,751. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded18-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
Contact
E-mail gmu.greenreno@gmail.com
Phone 0498822277
E-invoicing
Reachable via Peppol
Peppol ID 0208:0801898505
Also 9925:BE0801898505

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.