ONTZORG-renovatie
ActiveSummary
ONTZORG-renovatie has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €51k and a net result of €47k. Equity is growing by ~27.6% per year across the filed fiscal years. Its solvency ranks better than 8% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-4
Solvency30▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 0.89 in 2023; short-term debt: 60.7% and cash: 5.4% of total assets), and 95% 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 7445 sector peers (2024).
NBB · sector comparisonPosition among 7445 sector peers
Solvency
better than 8%
← weakest
strongest →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
155 d early
2022
145 d early
2021
131 d early
2020
47 d early
2019
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€51k▲ 4.9%
2023 · €49k
2018: €-10k
2019: €-9k
2020: €19k
2021: €42k
2022: €47k
2023: €49k
2018 → 2024
Total assets
€1.03M▲ 79.6%
2023 · €572k
2018: €2k
2019: €255
2020: €274k
2021: €789k
2022: €860k
2023: €572k
2018 → 2024
Net result
€47k▲ 2.2%
2023 · €46k
2018: €-1k
2019: €195
2020: €43k
2021: €23k
2022: €18k
2023: €46k
2018 → 2024
Working capital
€306k
2023 · €-55k
2018: €-10k
2019: €-9k
2020: €19k
2021: €11k
2022: €-69k
2023: €-55k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€19k-€42k▲ 117%€47k▲ 12.2%€49k▲ 2.9%€51k▲ 4.9%
Operating result€43k-€32k▼ 26.2%€28k▼ 11.7%€58k▲ 105%€58k▲ 1.1%
Net result€43k-€23k▼ 47.4%€18k▼ 22.3%€46k▲ 163%€47k▲ 2.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 1% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.03M
Fixed assets
€98k ▼ 14.8%
Current assets
€930k ▲ 103%
Equity and liabilities €1.03M
Equity
€51k ▲ 4.9%
Debt
€976k ▲ 86.5%
Debt's share of the balance-sheet total rises from 91.5% to 95.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▼
2023 · €76k
Cash flow
€64k▼
2023 · €65k
Current ratio
1.49▲
2023 · 0.89
Debt to equity
19.15▲
2023 · 10.77
ROE
92.9%▼
2023 · 95.4%
ROA
4.6%▼
2023 · 8.1%
Interest coverage
7.95▲
2023 · 7.52
Debt ≤ 1 year
€623k▲
2023 · €512k
Debt > 1 year
€6k▼
2023 · €11k
Income taxes
€2k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet
Code20232024
Assets
Total assets20/58€572k€1.03M▲
Fixed assets21/28€115k€98k▼
Intangible fixed assets21€98k€87k▼
Tangible fixed assets22/27€17k€11k▼
Furniture and vehicles24€17k€11k▼
Current assets29/58€457k€930k▲
Amounts receivable after more than one year29-€15k
Trade receivables290-€15k
Amounts receivable within one year40/41€124k€859k▲
Trade receivables40€118k€829k▲
Other amounts receivable41€6k€30k▲
Cash at bank and in hand54/58€333k€55k▼
Equity and liabilities
Total equity and liabilities10/49€572k€1.03M▲
Equity10/15€49k€51k▲
Contributions10/11€19k€19k=
Reserves13€30k€32k▲
Distributable reserves133€30k€32k▲
Amounts payable17/49€524k€976k▲
Amounts payable after more than one year17€11k€6k▼
Financial debts170/4€11k€6k▼
Amounts payable within one year42/48€512k€623k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43€150k€150k=
Credit institutions430/8€150k€150k=
Trade debts44€305k€354k▲
Suppliers440/4€305k€354k▲
Taxes, remuneration and social security45€1k€18k▲
Taxes450/3€1k€18k▲
Other amounts payable47/48€51k€96k▲
Accrued charges and deferred income492/3-€347k
Income statement
Code20232024
Remuneration, social security and pensions62€-39-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€80k€77k▼
Operating profit (loss)9901€58k€58k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€10k€9k▼
Recurring financial charges65€10k€9k▼
Profit (loss) for the period before taxes9903€48k€49k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€46k€47k▲
Profit (loss) for the period to be appropriated9905€46k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€47k▲
Transfer to equity691/2€1k€2k▲
To other reserves6921€1k€2k▲
Profit to be distributed694/7€45k€45k=
Directors or managers695€45k€45k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €47k ▲2.2%
Operating result €58k, net result €47k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 41current ratio 1.08
Current ratio from 0.03 to 1.08.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €195
Net result €195 after one loss-making year.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 86 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, Heist-op-den-Berg · 1 establishment unit since 2007
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.
Industriepark zn2220 Heist-op-den-BergGround area
1.3 ha
Building footprint
1.2 ha
Volume, LiDAR
118,147 m³
Parcel 12014K0411/00K000, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ORAA
since 20072.165.844.704
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12014K0411/00K000indicative | Flanders | 1.3 ha | 1 · 1.2 ha | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel 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
NCheffert
BE 1011.673.574
Hamois · Eq €50,995
VSA Chauffage
BE 0820.714.624
Villers-la-Ville · Eq €50,949
HASTIR POELERIE
BE 0799.804.095
Florennes · Eq €51,021
PORRETTA
BE 0786.586.361
Fléron · Eq €51,044
TORDEURS - GREENGY
BE 0476.788.355
Montigny-le-Tilleul · Eq €50,891
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 4,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-10-2007
Fiscal year end31-12
Trade name EN
ORAA
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43221Plumbing work
47552Retail sale of lighting equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0495/38 67 69