M-Renov
ActiveThe computed 12-month bankruptcy probability of M-Renov is 2.2% (moderate). The 2025 annual accounts show equity of €33k and a net result of €10k. Equity is growing by ~41.1% per year across the filed fiscal years. Its solvency ranks better than 51% of 7452 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-2
Solvency70▲+9
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 3.27 against 7.41 in 2024; short-term debt: 22.9% and cash: 7.5% of total assets), but 55.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
44.8%
Return on assets
13.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
6 d late
2024
32 d early
2023
39 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 41.9%
2024 · €23k
2023: €14k
2024: €23k
2023 → 2025
Total assets
€74k▲ 14.1%
2024 · €64k
2023: €28k
2024: €64k
2023 → 2025
Net result
€10k▲ 4.3%
2024 · €9k
2023: €13k
2024: €9k
2023 → 2025
Working capital
€38k▼ 9.5%
2024 · €42k
2023: €11k
2024: €42k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€23k▲ 67.3%€33k▲ 41.9%
Operating result€13k-€10k▼ 19.9%€10k▼ 2.3%
Net result€13k-€9k▼ 26.3%€10k▲ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€19k▲ 18.3%
Current assets
€55k▲ 12.8%
Equity and liabilities €74k
Equity
€33k▲ 41.9%
Debt
€41k▼ 1.5%
The debt ratio falls from 64.0% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2024 · €19k
Cash flow
€24k▲
2024 · €18k
Solvency
44.8%▲
2024 · 36.0%
Current ratio
3.27▼
2024 · 7.41
Quick ratio
3.27▼
2024 · 6.38
Debt / equity
1.23▼
2024 · 1.78
ROE
29.6%▼
2024 · 40.2%
ROA
13.2%▼
2024 · 14.5%
Interest coverage
58.64▲
2024 · 18.63
Debt
€41k▼
2024 · €41k
Debt ≤ 1 year
€17k▲
2024 · €7k
Debt > 1 year
€24k▲
2024 · €13k
Income taxes
€1k
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€64k€74k▲
Fixed assets21/28€16k€19k▲
Tangible fixed assets22/27€16k€19k▲
Furniture and vehicles24€16k€19k▲
Current assets29/58€49k€55k▲
Stocks and contracts in progress3€7k-
Stocks30/36€7k-
Amounts receivable within one year40/41€31k€50k▲
Trade receivables40€28k€47k▲
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€11k€6k▼
Equity and liabilities
Total equity and liabilities10/49€64k€74k▲
Equity10/15€23k€33k▲
Contributions10/11€1k€1k=
Reserves13€121€121=
Non-distributable reserves130/1€121€121=
Reserves not available under the articles1311€121€121=
Profit (loss) carried forward14€22k€32k▲
Amounts payable17/49€41k€41k▼
Amounts payable after more than one year17€13k€24k▲
Financial debts170/4€13k€24k▲
Amounts payable within one year42/48€7k€17k▲
Advances received on contracts in progress46-€16k
Other amounts payable47/48€7k€854▼
Accrued charges and deferred income492/3€21k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€14k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€21k€27k▲
Operating profit (loss)9901€10k€10k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€1k€420▼
Recurring financial charges65€1k€420▼
Profit (loss) for the period before taxes9903€9k€11k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€9k€10k▲
Profit (loss) for the period to be appropriated9905€9k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€32k▲
Profit (loss) brought forward from the previous period14P€13k€22k▲
The notes to these accounts (8 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €9k ▼26.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 7.41
Current ratio from 1.88 to 7.41; short-term debt falls from €13k to €7k.
08-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Zaventem · 1 establishment unit since 2023
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.
Leuvensesteenweg 2461932 ZaventemGround area
601 m²
Building footprint
309 m²
Volume, LiDAR
2,507 m³
2 parcels, Brussels, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M-RENOV
since 20232.341.580.790
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078A0472/00L000 | Flanders | 461 m² | 1 · 192 m² | 10.8 m · 3 fl. |
| 21816C0085/00D011 | Brussels | 140 m² | 1 · 117 m² | 15.4 m · 3 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
RENOKRIS
BE 0748.670.645
Sint-Pieters-Leeuw · Eq €33k
Lars Vandewiele
BE 0757.741.927
Zottegem · Eq €33k
RPMJ
BE 0733.533.497
Dilbeek · Eq €33k
ERSA PRO BUILDING
BE 0792.433.580
Zaventem · Eq €33k
D&B DEMOLITION
BE 1015.308.304
Zaventem · Eq €33k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,560 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43410Roofing work
43990Other specialised construction activities
43992Specialised construction activities
43999Specialised construction activities
81210General cleaning of buildings
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.