MB RENOV
ActiveThe computed 12-month bankruptcy probability of MB RENOV is 2.4% (moderate). The 2024 annual accounts show equity of €18k and a net result of €29k. Equity is shrinking by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency54▲+21
Growth32=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.28 against 1.05 in 2023; short-term debt: 71.2% and cash: 18.1% of total assets), and 71.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 →
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
28.8%
Return on assets
47.5%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-12-2025, 139 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
139 d late
2023
103 d late
2022
114 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€242k
EBIT margin
15.5%
Net result
€29k
2023 · €-17k
2022: €33k
2023: €-17k
2022 → 2024
Working capital
€12k▲ 457%
2023 · €2k
2022: €19k
2023: €2k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€242k-
Equity€21k-€4k▼ 83.1%€18k▲ 401%
Operating result€38k-€-17k€33k
Net result€33k-€-17k€29k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €33k after a loss of €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61k
Fixed assets
€5k▲ 304%
Current assets
€56k▲ 25.2%
Equity and liabilities €61k
Equity
€18k▲ 401%
Debt
€44k▲ 2.6%
The debt ratio falls from 92.3% to 71.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k
Cash flow
€29k
Solvency
28.8%▲
2023 · 7.7%
Current ratio
1.28▲
2023 · 1.05
Quick ratio
1.28▲
2023 · 1.05
Debt / equity
2.47▼
2023 · 12.06
ROE
165.0%▲
2023 · -492.8%
ROA
47.5%▲
2023 · -37.7%
Interest coverage
150.44
Debt
€44k▲
2023 · €43k
Debt ≤ 1 year
€44k▲
2023 · €43k
Income taxes
€4k
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€46k€61k▲
Fixed assets21/28€1k€5k▲
Tangible fixed assets22/27-€4k
Furniture and vehicles24-€4k
Financial fixed assets28€1k€1k=
Current assets29/58€45k€56k▲
Amounts receivable within one year40/41€35k€45k▲
Trade receivables40€34k€35k▲
Other amounts receivable41€2k€10k▲
Cash at bank and in hand54/58€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€46k€61k▲
Equity10/15€4k€18k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-974€13k▲
Amounts payable17/49€43k€44k▲
Amounts payable within one year42/48€43k€44k▲
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€13k€5k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9€6k-
Other amounts payable47/48€20k€36k▲
Income statement
Code20232024
Remuneration, social security and pensions62€52-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€213
Other operating charges640/8€307€409▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€-15k€33k▲
Operating profit (loss)9901€-17k€33k▲
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€201€220▲
Recurring financial charges65€201€220▲
Profit (loss) for the period before taxes9903€-17k€33k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-17k€29k▲
Profit (loss) for the period to be appropriated9905€-17k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-974€28k▲
Profit (loss) brought forward from the previous period14P€16k€-974▼
Profit to be distributed694/7-€15k
Directors or managers695-€15k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 139 days late
2024
31-12
Financial
Back to profitnet €29k
Net result €29k after one loss-making year.
11-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 103 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼152%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
22-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 114 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vilvoorde · 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.
Olmstraat 2571800 VilvoordeGround area
146 m²
Building footprint
58 m²
Volume, LiDAR
410 m³
Parcel 23643G0430/00G005, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MB RENOV
since 20212.323.152.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643G0430/00G005 | Flanders | 146 m² | 1 · 58 m² | 10.1 m · 3 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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 11,207 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:morad-bxl@live.be