MUREX RENO
ActiveThe computed 12-month bankruptcy probability of MUREX RENO is 2.0% (moderate). The 2025 annual accounts show equity of €26k and a net result of €-18k. Equity is growing by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 27711 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-88
Solvency51▲+4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.86 against 1.18 in 2024; short-term debt: 31.2% and cash: 6.4% of total assets), but 73.8% 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+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 →
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 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
-17.8%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
90 d late
2023
60 d late
2022
42 d late
2021
61 d late
2020
92 d late
2019
74 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-18k
2024 · €31k
2018: €3k
2019: €20k
2020: €4k
2021: €8k
2022: €5k
2023: €12k
2024: €31k
2018 → 2025
Working capital
€57k▲ 96.9%
2024 · €29k
2018: €15k
2019: €20k
2020: €24k
2021: €58k
2022: €46k
2023: €15k
2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€19k▼ 11.6%€19k▼ 1.4%€44k▲ 135%€26k▼ 40.5%
Operating result€11k-€7k▼ 34.6%€16k▲ 109%€47k▲ 198%€-16k
Net result€8k-€5k▼ 37.3%€12k▲ 145%€31k▲ 164%€-18k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €16k after €47k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99k
Fixed assets
€11k▼ 25.8%
Current assets
€88k▼ 52.9%
Equity and liabilities €99k
Equity
€26k▼ 40.5%
Debt
€73k▼ 53.8%
The debt ratio falls from 78.4% to 73.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €51k
Cash flow
€-14k▼
2024 · €35k
Solvency
26.2%▲
2024 · 21.6%
Current ratio
2.86▲
2024 · 1.18
Quick ratio
2.86▲
2024 · 1.18
Debt / equity
2.82▼
2024 · 3.63
ROE
-68.0%▼
2024 · 71.2%
ROA
-17.8%▼
2024 · 15.4%
Interest coverage
-40.30▼
2024 · 254.06
Debt
€73k▼
2024 · €158k
Debt ≤ 1 year
€31k▼
2024 · €158k
Debt > 1 year
€42k
Income taxes
€1k▼
2024 · €17k
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€202k€99k▼
Fixed assets21/28€14k€11k▼
Tangible fixed assets22/27€14k€11k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€12k€9k▼
Current assets29/58€187k€88k▼
Amounts receivable after more than one year29€13k-
Trade receivables290€13k-
Amounts receivable within one year40/41€142k€82k▼
Trade receivables40€142k€74k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€33k€6k▼
Equity and liabilities
Total equity and liabilities10/49€202k€99k▼
Equity10/15€44k€26k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€35k€18k▼
Amounts payable17/49€158k€73k▼
Amounts payable after more than one year17-€42k
Financial debts170/4-€42k
Amounts payable within one year42/48€158k€31k▼
Trade debts44€137k€30k▼
Suppliers440/4€137k€30k▼
Taxes, remuneration and social security45€15k€1k▼
Taxes450/3€15k€1k▼
Other amounts payable47/48€6k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€3k€448▼
Gross operating margin9900€53k€-12k▼
Operating profit (loss)9901€47k€-16k▼
Financial income75/76B€1k-
Recurring financial income75€1k-
Financial charges65/66B€199€312▲
Recurring financial charges65€199€312▲
Profit (loss) for the period before taxes9903€48k€-17k▼
Income taxes67/77€17k€1k▼
Profit (loss) for the period9904€31k€-18k▼
Profit (loss) for the period to be appropriated9905€31k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€18k▼
Profit (loss) brought forward from the previous period14P€10k€35k▲
Profit to be distributed694/7€6k-
Directors or managers695€6k-
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-18k ▼157%
Net result drops to €-18k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.86
Current ratio from 1.18 to 2.86; short-term debt falls from €158k to €31k.
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 90 days late
2024
31-12
Financial
Highest result since 2018net €31k ▲164%
Operating result €47k, net result €31k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 42 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
13-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 74 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 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, Sint-Agatha-Berchem · 1 establishment unit since 2012
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.
Jean Baptiste Vandendrieschstr. 241082 Sint-Agatha-BerchemGround area
254 m²
Building footprint
185 m²
Volume, LiDAR
1,507 m³
2 parcels, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Morex Reno
since 20122.217.558.075
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0033/00W004 | Brussels | 146 m² | 1 · 104 m² | 12.0 m · 3 fl. |
| 21003A0136/00B002 | Brussels | 108 m² | 1 · 81 m² | 10.8 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
MESSINA Concept
BE 0785.628.635
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OTOSAN
BE 0801.113.397
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DG RENOVATIONS
BE 0896.592.477
Fléron · Eq €26k
Block Stéphane
BE 0762.610.733
Maldegem · Eq €26k
LUXURY RENOVATIONS
BE 0802.846.729
Brussel · Eq €26k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,535 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-06-2012
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
43223Specialised construction activities
43350Other building finishing work
43993Specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.