John Cockerill Renewables
ActiveJohn Cockerill Renewables has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-3.12M) and a net result of €-5.58M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 355 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-57
Solvency0▼-49
Growth22▼-13
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 1.13 in 2023; short-term debt: 93.9% and cash: 4.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-48.1%
Return on assets
-86%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-3.12M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
34 d early
2022
76 d early
2021
73 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€8.13M▼ 52.7%
2023 · €17.20M
2022: €26.89M
2023: €17.20M
2022 → 2024
EBIT margin
-45.9%▼ 44.8pp
2023 · -1.1%
2022: -1.4%
2023: -1.1%
2022 → 2024
Net result
€-5.58M▼ 2,747%
2023 · €-196k
2021: €-13k
2022: €-577k
2023: €-196k
2021 → 2024
Working capital
€-2.34M
2023 · €1.12M
2021: €49k
2022: €300k
2023: €1.12M
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€26.89M€17.20M▼ 36.0%€8.13M▼ 52.7%
Equity€49k-€3.48M▲ 6,993%€3.87M▲ 11.0%€-3.12M
Operating result€-13k-€-367k▼ 2,796%€-181k▲ 50.8%€-3.73M▼ 1,964%
Net result€-13k-€-577k▼ 4,364%€-196k▲ 66.0%€-5.58M▼ 2,747%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3.73M in 2024 against €181k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.49M
Fixed assets
€2.74M▼ 56.6%
Current assets
€3.75M▼ 60.8%
Key figures and ratios
EBITDA
€-2.41M▼
2023 · €773k
Cash flow
€-4.26M▼
2023 · €758k
Solvency
-48.1%▼
2023 · 24.4%
Current ratio
0.62▼
2023 · 1.13
Quick ratio
0.57▼
2023 · 0.86
Debt / equity
-1.95▼
2023 · 2.18
ROA
-86.0%▼
2023 · -1.2%
Interest coverage
-20.23▼
2023 · 10.84
Debt
€6.09M▼
2023 · €8.44M
Debt ≤ 1 year
€6.09M▼
2023 · €8.43M
Income taxes
€-29k▼
2023 · €29k
Staff costs
€4.20M▼
2023 · €5.08M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€15.87M€6.49M▼
Fixed assets21/28€6.31M€2.74M▼
Intangible fixed assets21€2.64M€415k▼
Tangible fixed assets22/27€3.68M€2.32M▼
Plant, machinery and equipment23€3.64M€2.30M▼
Furniture and vehicles24€41k€28k▼
Financial fixed assets28€1k-
Affiliated companies280/1€1-
Participating interests280€1-
Other financial fixed assets284/8€1k-
Amounts receivable and cash guarantees285/8€1k-
Current assets29/58€9.55M€3.75M▼
Stocks and contracts in progress3€2.35M€299k▼
Stocks30/36€243k-
Raw materials and consumables30/31€194k-
Goods purchased for resale34€49k-
Contracts in progress37€2.10M€299k▼
Amounts receivable within one year40/41€6.89M€3.02M▼
Trade receivables40€6.21M€2.91M▼
Other amounts receivable41€673k€112k▼
Cash at bank and in hand54/58€301k€314k▲
Deferred charges and accrued income490/1€21k€113k▲
Equity and liabilities
Total equity and liabilities10/49€15.87M€6.49M▼
Equity10/15€3.87M€-3.12M▼
Contributions10/11€2.76M€2.76M=
Capital10€2.76M€2.76M=
Issued capital100€2.76M€2.76M=
Profit (loss) carried forward14€-786k€-6.37M▼
Investment grants15€1.89M€483k▼
Provisions and deferred taxes16€3.56M€3.52M▼
Provisions for liabilities and charges160/5€3.56M€3.52M▼
Pensions and similar obligations160€187k€309k▲
Other liabilities and charges164/5€3.37M€3.21M▼
Amounts payable17/49€8.44M€6.09M▼
Amounts payable within one year42/48€8.43M€6.09M▼
Trade debts44€1.74M€2.57M▲
Suppliers440/4€1.74M€2.57M▲
Advances received on contracts in progress46€3.91M€2.26M▼
Taxes, remuneration and social security45€1.27M€918k▼
Taxes450/3€45k€17k▼
Remuneration and social security454/9€1.22M€902k▼
Other amounts payable47/48€1.51M€343k▼
Accrued charges and deferred income492/3€16k€5k▼
Income statement
Code20232024
Operating income70/76A€22.02M€14.72M▼
Turnover70€17.20M€8.13M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-697k€-1.80M▼
Own construction capitalised72€63k€504k▲
Other operating income74€1.27M€3.89M▲
Non-recurring operating income76A€4.18M€4.00M▼
Operating charges60/66A€22.20M€18.45M▼
Goods for resale, raw materials and consumables60€11.46M€4.54M▼
Purchases600/8€11.46M€4.54M▼
Services and other goods61€4.30M€3.51M▼
Remuneration, social security and pensions62€5.08M€4.20M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€954k€1.32M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€49k€973k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-488k€-41k▲
Other operating charges640/8€837k€860k▲
Non-recurring operating charges66A-€3.08M
Operating profit (loss)9901€-181k€-3.73M▼
Financial income75/76B€292k€1.63M▲
Recurring financial income75€292k€1.63M▲
Income from current assets751€38k€308k▲
Other financial income752/9€254k€1.32M▲
Financial charges65/66B€279k€3.51M▲
Recurring financial charges65€279k€3.51M▲
Debt charges650€71k€119k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651-€3.18M
Other financial charges652/9€208k€212k▲
Non-recurring financial charges66B-€1
Profit (loss) for the period before taxes9903€-167k€-5.61M▼
Income taxes67/77€29k€-29k▼
Taxes670/3€45k€8k▼
Tax adjustments and reversals of tax provisions77€16k€37k▲
Profit (loss) for the period9904€-196k€-5.58M▼
Profit (loss) for the period to be appropriated9905€-196k€-5.58M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-786k€-6.37M▼
Profit (loss) brought forward from the previous period14P€-590k€-786k▼
Social balance
Average headcount (FTE)908753.136.8▼
The notes to these accounts (65 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-5.58M
Net result drops to €-5.58M, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €2MEq €3.48M ▲6993%
Equity rises from €49k to €3.48M.
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Seraing · 1 establishment unit since 2021
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.
Rue Jean Potier 14100 Seraing1 establishment unit
John Cockerill Renewables
since 20212.316.034.059
Structure & network
Group per the LEI register
1 parent companyParent company:JOHN COCKERILL
Public money · subsidies and aid
European Union, budget
2022 to 2023 · 7 entries · 1,037,382 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2023 | 5 | 324,900 EUR |
| 2022 | 2 | 712,483 EUR |
Projects
101103388 - INDY - ENERGY INDEPENDENT AND EFFICIENT DEPLOYABLE MILITARY CAMPS
101072537 - TOPCSP - TOWARDS COMPETITIVE, RELIABLE, SAFE AND SUSTAINABLE CONCENTRATED SOLAR POWER (CSP) PLANTS
101122347 - POWDER2POWER - MW-SCALE FLUIDIZED PARTICLE-DRIVEN CSP PROTOTYPE DEMONSTRATION
101122347 - POWDER2POWER - MW-SCALE FLUIDIZED PARTICLE-DRIVEN CSP PROTOTYPE DEMONSTRATION
101137773 - REALIZE - RENEWABLE ENERGY ACTIONS LEVERAGING INNOVATION TOWARDS ZERO EMISSIONS IN EUROPE
Show 2 more projects
101137773 - REALIZE - RENEWABLE ENERGY ACTIONS LEVERAGING INNOVATION TOWARDS ZERO EMISSIONS IN EUROPE
101137773 - REALIZE - RENEWABLE ENERGY ACTIONS LEVERAGING INNOVATION TOWARDS ZERO EMISSIONS IN EUROPE
European research
4 projects · 261,093 EUR EU contributionProgrammes
h2020
HORIZON
Projects
COMPONENTS’ AND MATERIALS’ PERFORMANCE FOR ADVANCED SOLAR SUPERCITICAL CO2 POWERPLANTS
Towards Competitive, Reliable, Safe and Sustainable Concentrated Solar Power (CSP) Plants
RENEWABLE ENERGY ACTIONS LEVERAGING INNOVATION TOWARDS ZERO EMISSIONS IN EUROPE
MW-scale fluidized particle-driven CSP prototype demonstration
Towards Competitive, Reliable, Safe and Sustainable Concentrated Solar Power (CSP) Plants
Recognitions · licences · registrations
Legal Entity Identifier
875500VRNRTPN7XSMW96
Similar companies · same sector, comparable size
GREEN CITY WALLONIE 3
BE 0742.906.568
Saint-Ghislain · Eq €3.80M
Eranovum Emobility Belgium Projects I
BE 1026.608.408
Brussel · Eq €3.95M
Agro-energiek
BE 0893.465.911
Lievegem · Eq €3.76M
TOMW@TT
BE 0810.396.693
Sint-Gillis-Waas · Eq €3.49M
GREENGLASS
BE 0556.816.820
Rumst · Eq €4.30M
Of 563 companies in sector 35150 we hold annual accounts for 230. 93 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-03-2021
Fiscal year end31-12
Activities, NACEBEL
35150Electricity, gas, steam and air conditioning supply
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filings
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.