KNB RENOVATION
ActiveKNB RENOVATION has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €202k and a net result of €7k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
61
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability18▼-5
Solvency71▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.88 in 2023), and 46.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
29 d late
2022
7 d early
2021
38 d early
2020
46 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€202k▲ 3.7%
2023 · €194k
2018: €140k
2019: €153k
2020: €160k
2021: €180k
2022: €185k
2023: €194k
2018 → 2024
Total assets
€378k▲ 8.5%
2023 · €349k
2018: €459k
2019: €455k
2020: €445k
2021: €433k
2022: €393k
2023: €349k
2018 → 2024
Net result
€7k▼ 20.2%
2023 · €9k
2018: €13k
2019: €12k
2020: €8k
2021: €19k
2022: €6k
2023: €9k
2018 → 2024
Working capital
€-17k▼ 94.3%
2023 · €-9k
2018: €3k
2019: €1k
2020: €-2k
2021: €5k
2022: €-9k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€160k-€180k▲ 12.0%€185k▲ 3.1%€194k▲ 4.9%€202k▲ 3.7%
Operating result€13k-€29k▲ 128%€10k▼ 65.8%€14k▲ 38.7%€12k▼ 11.0%
Net result€8k-€19k▲ 155%€6k▼ 70.8%€9k▲ 61.6%€7k▼ 20.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €378k
Fixed assets
€275k▼ 3.3%
Current assets
€104k▲ 60.6%
Equity and liabilities €378k
Equity
€202k▲ 3.7%
Debt
€177k▲ 14.4%
The debt ratio rises from 44.3% to 46.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€24k▼
2023 · €31k
Cash flow
€19k▼
2023 · €27k
Solvency
53.3%▼
2023 · 55.7%
Current ratio
0.86▼
2023 · 0.88
Quick ratio
0.86▼
2023 · 0.88
Debt / equity
0.88▲
2023 · 0.80
ROE
3.6%▼
2023 · 4.7%
ROA
1.9%▼
2023 · 2.6%
Interest coverage
9.99▼
2023 · 11.13
Debt
€177k▲
2023 · €155k
Debt ≤ 1 year
€121k▲
2023 · €73k
Debt > 1 year
€56k▼
2023 · €81k
Income taxes
€3k▲
2023 · €2k
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€349k€378k▲
Fixed assets21/28€284k€275k▼
Tangible fixed assets22/27€284k€274k▼
Land and buildings22€277k€268k▼
Plant, machinery and equipment23€1k€512▼
Furniture and vehicles24€5k€6k▲
Financial fixed assets28€492€492=
Current assets29/58€64k€104k▲
Amounts receivable within one year40/41€40k€74k▲
Trade receivables40€32k€68k▲
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€20k€29k▲
Deferred charges and accrued income490/1€4k€1k▼
Equity and liabilities
Total equity and liabilities10/49€349k€378k▲
Equity10/15€194k€202k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€18k€18k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€16k€16k=
Profit (loss) carried forward14€170k€177k▲
Amounts payable17/49€155k€177k▲
Amounts payable after more than one year17€81k€56k▼
Financial debts170/4€81k€56k▼
Amounts payable within one year42/48€73k€121k▲
Current portion of amounts payable after more than one year42€27k€25k▼
Trade debts44€7k€44k▲
Suppliers440/4€7k€44k▲
Advances received on contracts in progress46-€10k
Taxes, remuneration and social security45€4k€8k▲
Taxes450/3€15€5k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€35k€34k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€12k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€33k€26k▼
Operating profit (loss)9901€14k€12k▼
Financial income75/76B€304€139▼
Recurring financial income75€304€139▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€11k€10k▼
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€9k€7k▼
Profit (loss) for the period to be appropriated9905€9k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€170k€177k▲
Profit (loss) brought forward from the previous period14P€161k€170k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €202k ▲3.7%
7 profitable years in a row build equity to €202k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €6k ▼70.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €19k ▲155%
Operating result €29k, net result €19k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €153k ▲8.9%
2 profitable years in a row build equity to €153k.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
14-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 14 days late
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Drogenbos · 1 establishment unit since 2009
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.
Langestraat 1531620 DrogenbosGround area
458 m²
Building footprint
235 m²
Volume, LiDAR
1,541 m³
2 parcels, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KNB RENOVATION
since 20092.183.515.035
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0103/00W000 | Flanders | 282 m² | 1 · 133 m² | 11.8 m · 2 fl. |
| 22001B0102/00W002 | Flanders | 176 m² | 1 · 102 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
SVEN CORDEEL
BE 0839.703.561
Sint-Niklaas · Eq €196k
Schilderwerken Coninx
BE 0788.254.860
Malle · Eq €190k
MR COMPANY
BE 0713.913.664
Anderlecht · Eq €217k
NEYT DECOR
BE 0822.254.548
Wortegem-Petegem · Eq €183k
Koen Feys
BE 0681.597.224
Aalst · Eq €226k
Of 152 companies in sector 43342 we hold annual accounts for 66. 46 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2009
Fiscal year end31-12
Activities, NACEBEL
43342Specialised construction activities
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43240Other construction installation
43299Specialised construction activities
43333Wallpapering and laying of floor and wall coverings in other materials
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.