IMMO - RENO
ActiveIMMO - RENO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €40k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 94% of 9095 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▲+10
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 8.14 against 24.01 in 2024), and 4.7% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
95.3%
Return on assets
3.6%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-03-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
29 d early
2023
41 d early
2022
39 d early
2021
43 d early
2020
10 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.07M▲ 3.9%
2024 · €1.03M
2018: €971k
2019: €972k
2020: €974k
2021: €976k
2022: €977k
2023: €1.01M
2024: €1.03M
2018 → 2025
Total assets
€1.13M▲ 7.6%
2024 · €1.05M
2018: €1.07M
2019: €977k
2020: €1.03M
2021: €976k
2022: €978k
2023: €1.02M
2024: €1.05M
2018 → 2025
Net result
€40k▲ 111%
2024 · €19k
2018: €7k
2019: €1k
2020: €2k
2021: €2k
2022: €791
2023: €36k
2024: €19k
2018 → 2025
Working capital
€379k▲ 20.8%
2024 · €313k
2018: €-56k
2019: €35k
2020: €126k
2021: €219k
2022: €309k
2023: €383k
2024: €313k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€976k-€977k▲ 0.1%€1.01M▲ 3.7%€1.03M▲ 1.9%€1.07M▲ 3.9%
Operating result€2k-€855▼ 63.0%€45k▲ 5,217%€26k▼ 42.8%€54k▲ 108%
Net result€2k-€791▼ 64.9%€36k▲ 4,484%€19k▼ 47.6%€40k▲ 111%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 108% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€694k▼ 3.5%
Current assets
€432k▲ 32.0%
Equity and liabilities €1.13M
Equity
€1.07M▲ 3.9%
Debt
€53k▲ 289%
The debt ratio rises from 1.3% to 4.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€79k▲
2024 · €50k
Cash flow
€65k▲
2024 · €43k
Solvency
95.3%▼
2024 · 98.7%
Current ratio
8.14▼
2024 · 24.01
Quick ratio
8.14▼
2024 · 24.01
Debt / equity
0.05▲
2024 · 0.01
ROE
3.7%▲
2024 · 1.8%
ROA
3.6%▲
2024 · 1.8%
Interest coverage
1003.02▲
2024 · 741.25
Debt
€53k▲
2024 · €14k
Debt ≤ 1 year
€53k▲
2024 · €14k
Income taxes
€14k▲
2024 · €7k
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€1.05M€1.13M▲
Fixed assets21/28€719k€694k▼
Tangible fixed assets22/27€719k€694k▼
Land and buildings22€719k€694k▼
Current assets29/58€327k€432k▲
Amounts receivable within one year40/41€240k€387k▲
Trade receivables40€0€147k▲
Other amounts receivable41€240k€240k=
Cash at bank and in hand54/58€87k€44k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€1.13M▲
Equity10/15€1.03M€1.07M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€50k€50k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Profit (loss) carried forward14€482k€522k▲
Amounts payable17/49€14k€53k▲
Amounts payable within one year42/48€14k€53k▲
Trade debts44€7k€46k▲
Suppliers440/4€7k€46k▲
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€62k€64k▲
Gross operating margin9900€112k€143k▲
Operating profit (loss)9901€26k€54k▲
Financial charges65/66B€67€79▲
Recurring financial charges65€67€79▲
Profit (loss) for the period before taxes9903€26k€54k▲
Income taxes67/77€7k€14k▲
Profit (loss) for the period9904€19k€40k▲
Profit (loss) for the period to be appropriated9905€19k€40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€482k€522k▲
Profit (loss) brought forward from the previous period14P€463k€482k▲
The notes to these accounts (3 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
07-08
State Gazette act
Resignations & appointmentsBoard meeting · General meeting · Director reappointment9 facts ▸
State Gazette act
Resignations & appointments
Board meeting · General meeting · Director reappointment9 facts ▸
- Board meeting, 02/03/2026
- General meeting, 02/03/2026
- Director reappointment, NV Twinvest (Gedelegeerd bestuurder)
- Director reappointment, Frederik Verfaillie (Gedelegeerd bestuurder)
- Director reappointment, NV Twinvest (Bestuurder)
- Director reappointment, Frederik Verfaillie (Bestuurder)
- Director reappointment, Ilse Sintobin (Bestuurder)
- Director reappointment, Pieter Sintobin (Bestuurder)
- Permanent representative, Johan Sintobin
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €40k ▲111%
Operating result €54k, net result €40k, both a record.
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €1MEq €1.01M ▲3.7%
6 profitable years in a row build equity to €1.01M.
22-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €791 ▼64.9%
Net result drops to €791, the lowest in the series; recovery starts the following year.
18-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Liquidity times 571current ratio 1969.97
Current ratio from 3.45 to 1969.97; short-term debt falls from €52k to €111.
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity times 18current ratio 7.80
Current ratio from 0.42 to 7.80; short-term debt falls from €98k to €5k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
10-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26101650). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Frederik Verfaillie
CurrentManaging director · since 02-03-2026
Ilse Sintobin
CurrentDirector · since 02-03-2026
NV Twinvest
CurrentDirector · since 02-03-2026 · Legal entity · perm. rep.: Johan Sintobin
Pieter Sintobin
CurrentDirector · since 02-03-2026
02-03-2026
Frederik Verfaillie: Mandate renewed as Managing director
02-03-2026
Frederik Verfaillie: Mandate renewed as Director
02-03-2026
Ilse Sintobin: Mandate renewed as Director
02-03-2026
NV Twinvest: Mandate renewed as Director
02-03-2026
NV Twinvest: Mandate renewed as Managing director
02-03-2026
Pieter Sintobin: Mandate renewed as Director
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2003
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.
Ambachtenstraat 68870 IzegemGround area
1.6 ha
Building footprint
1.3 ha
Volume, LiDAR
66,564 m³
Parcel 36494D0706/00E000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ambachtenstraat 6, 8870 Izegem
since 20032.126.663.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0706/00E000 | Flanders | 1.6 ha | 1 · 1.3 ha | 12.5 m · 2 fl. |
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
SINT NIKOLAAS
BE 0425.195.738
Veurne · Eq €1.07M
Ampargile
BE 0690.873.491
Beveren-Kruibeke-Zwijndrecht · Eq €1.07M
SPARROW CONSTRUCT
BE 0471.587.175
Knokke-Heist · Eq €1.07M
IMMO RAYEZ
BE 0448.651.922
Waterloo · Eq €1.07M
BEWICO BEHEER
BE 0437.101.202
Wingene · Eq €1.07M
Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 4,052 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-12-2002
Fiscal year end30-09
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
31002Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.