Equity
-€44,237
Debts exceed assets in financial year 2025.
AD-RENOBAD
Lifetime
16 annual accounts with figures on one time axispeak €116,939 (2015)
€106,448▲ 970%
lowest -€65,363 (2017)
€97,703▲ €113,132
peak €40,389 (2016)
-€44,237▲ €97,703
€68,347▼ 79.1%
peak 1 FTE (2010)
0 FTE
Board4 names since 2020
2 directorsEngelen Daniel and 1 other
Owners
Documentsfilings and deeds
07-07-202624 days before the deadline
2025abbreviated format
Gross margin from €9,946 to €106,448Back to profit: €97,703Equity from -€141,940 to -€44,237Debts from €327,597 to €68,347Cash from €397 to €10,701
Key points
from the 2025 annual accountsResult
€97,703 €97,703
Back in profit in 2025, after a loss of €15,429 in 2024.
Debts
€68,347 283% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 99%
Of this, €362 falls due within a year.
Liquidity
66.60 was 0.88 in 2024
Short-term debts fell from €15,032 to €362.
Filings
16 annual accounts since 2010
The 2016 accounts came 30 days late. The other nine of the last ten were filed on time.
Position in the sector
-183.5%
Lower solvency than 95% of companies in retail trade. Sector median 36.6% · 12,856 companies.
Checked score
57
Fair
Financially stronger than 72% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%
01-2025: 1.7%● unchanged vs 12-2024
02-2025: 1.7%● unchanged vs 01-2025
03-2025: 1.7%● unchanged vs 02-2025
04-2025: 1.7%● unchanged vs 03-2025
05-2025: 1.6%▼ -0.1 percentage points vs 04-2025
06-2025: 1.6%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.8%▲ +0.1 percentage points vs 07-2025
09-2025: 1.8%● unchanged vs 08-2025
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.9%▲ +0.1 percentage points vs 01-2026highest value
03-2026: 1.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%● unchanged vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 0.3%▼ -1.4 percentage points vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€44,237
lowers risk
Founded in 2008
Size: total assets €24,110
Liquidity: current ratio 66.60, cash €10,701
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 6% of them on solvency, 99% on liquidity, 96% on profitability and 89% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as AD-RENOBAD has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AD-RENOBAD itself is lower: 0.3% within 12 months. It rests on far more data about AD-RENOBAD than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for AD-RENOBAD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 66.6 (0.88 in 2024), above the usual 1.5. Short-term debt is 1.5% and cash 44.4% of total assets. However, equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 12856 sector peers (2025).
NBB · sector comparisonPosition among 12856 sector peers
Solvency
better than 5%
← weakest
strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 days early
2024
7 days early
2023
23 days early
2022
20 days early
2021
20 days early
2020
44 days early
2019
35 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899367469
Change of role: ENGELEN DaniëlMariaAugust, from manager to director
Appointment: VOS AnneKris (director) · “Klusjesdienst; Behang en schilderwerken; Schrijnwerkerij en gyprocwerken; De vervaardiging van meubels en…” (deed in Dutch) · General meeting of 20-08-2020 · Gazette deed
Incorporation
published on 30-07-2008 · Gazette deed
First establishment
St.-Waldetrudisstraat 128, Herentals
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AD-RENOBAD Herentals | €24,110 | €106,448 | -183.5% | 0 |
| Project-XXL Heist-op-den-Berg | €50,665 | €123,435 | 39.4% | - |
| KeyCoTex Wavre | €9,454 | €120,195 | -1463.8% | - |
| FABIANI Woluwe-Saint-Pierre | €43,206 | €31,786 | 26.3% | 1 |
| Veromax Antwerp | €74,608 | €26,577 | 72.3% | - |
| Iconique Ypres | €46,782 | €15,751 | -794.7% | - |
| LA BOITE A CAT Etterbeek | €83,387 | €170,666 | 13.8% | - |
These companies have the same main activity as AD-RENOBAD: retail trade (NACE 47715). They are comparable in size and age: total assets between €9,450 and €83,400, founded between 1983 and 2017.
Official details
Source: KBO- Status
- Active since 14-07-2008Normal situation
- Activity
- Retail tradeNACE 47715and 7 others
- Establishment unit
- 2.172.301.4392200 Herentals, since 14-07-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 06-11-2025
Annual accounts 2025
- ≈ €500,000estimated
- €24,110▼ 87.0%
- Filing
- Filed on 07-07-2026, 24 days before the end of the filing period
Insights on AD-RENOBAD
AD-RENOBAD files the abbreviated format. That format states no turnover. The gross margin rose from €56,122 in 2010 to €106,448 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AD-RENOBAD
- What is the company number of AD-RENOBAD?
- The company number of AD-RENOBAD is 0899.367.469. The VAT number is the same number with BE in front: BE 0899.367.469.
- Where is AD-RENOBAD based?
- The registered office is at Rietbroek 39, 2200 Herentals.Company details
- What does AD-RENOBAD do?
- According to the KBO register, the main activity is retail trade (NACE 47715).
- What is the legal form of AD-RENOBAD?
- AD-RENOBAD is a private limited company (BV).
- When was AD-RENOBAD founded?
- AD-RENOBAD was founded on 14-07-2008.
- Is AD-RENOBAD still active?
- Yes, AD-RENOBAD is an active enterprise in the KBO register.
- What is the turnover of AD-RENOBAD?
- The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €106,448 and 51 comparable companies (NACE 477). It probably lies between €330,000 and €960,000.Financials
- Is AD-RENOBAD profitable?
- In financial year 2025, AD-RENOBAD made a profit of €97,703.
- Where can I find the annual accounts of AD-RENOBAD?
- AD-RENOBAD filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AD-RENOBAD due?
- AD-RENOBAD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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