PAUL RENS
ActivePAUL RENS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €7k. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+31
Solvency49▲+6
Growth63▲+11
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.21 in 2024; short-term debt: 75.1% and cash: 10.2% of total assets), and 75.7% 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 →
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
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
24.3%
Return on assets
5.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €31k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
29 d late
2023
31 d late
2022
on the day
2021
31 d late
2020
on the day
2019
61 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€350k▼ 11.8%
2024 · €397k
2018: €341k
2019: €333k
2020: €370k
2021: €483k
2022: €352k
2023: €304k
2024: €397k
2018 → 2025
EBIT margin
3.4%▲ 2.9pp
2024 · 0.5%
2018: -1.0%
2019: -0.5%
2020: -9.4%
2021: 0.3%
2022: 0.5%
2023: 7.3%
2024: 0.5%
2018 → 2025
Net result
€7k
2024 · €-691
2018: €-3k
2019: €-2k
2020: €-12k
2021: €-2k
2022: €-2k
2023: €13k
2024: €-691
2018 → 2025
Working capital
€30k▲ 30.6%
2024 · €23k
2018: €21k
2019: €24k
2020: €13k
2021: €11k
2022: €10k
2023: €27k
2024: €23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€483k-€352k▼ 27.2%€304k▼ 13.5%€397k▲ 30.5%€350k▼ 11.8%
Equity€13k-€11k▼ 14.4%€25k▲ 116%€24k▼ 2.8%€31k▲ 28.7%
Operating result€1k-€2k▲ 29.2%€22k▲ 1,081%€2k▼ 91.7%€12k▲ 534%
Net result€-2k-€-2k▲ 19.1%€13k€-691€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 534% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127k
Fixed assets
€2k▼ 3.9%
Current assets
€125k▼ 4.6%
Equity and liabilities €127k
Equity
€31k▲ 28.7%
Debt
€96k▼ 12.0%
The debt ratio falls from 82.0% to 75.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€12k▲
2024 · €3k
Cash flow
€7k▲
2024 · €774
Solvency
24.3%▲
2024 · 18.0%
Current ratio
1.31▲
2024 · 1.21
Quick ratio
1.31▲
2024 · 1.21
Debt / equity
3.11▼
2024 · 4.54
ROE
22.3%▲
2024 · -2.9%
ROA
5.4%▲
2024 · -0.5%
Interest coverage
7.46▲
2024 · 1.93
Debt
€96k▼
2024 · €109k
Debt ≤ 1 year
€96k▼
2024 · €109k
Income taxes
€3k▲
2024 · €862
Staff costs
€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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€133k€127k▼
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Financial fixed assets28€366€366=
Current assets29/58€132k€125k▼
Amounts receivable within one year40/41€122k€110k▼
Trade receivables40€75k€64k▼
Other amounts receivable41€47k€46k▼
Cash at bank and in hand54/58€9k€13k▲
Deferred charges and accrued income490/1€52€2k▲
Equity and liabilities
Total equity and liabilities10/49€133k€127k▼
Equity10/15€24k€31k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€4k€11k▲
Amounts payable17/49€109k€96k▼
Amounts payable within one year42/48€109k€96k▼
Financial debts43€10k€23k▲
Credit institutions430/8€10k€23k▲
Trade debts44€60k€48k▼
Suppliers440/4€60k€48k▼
Advances received on contracts in progress46€5k-
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€2k-
Other amounts payable47/48€25k€19k▼
Accrued charges and deferred income492/3€750€750=
Income statement
Code20242025
Turnover70€397k€350k▼
Goods, raw materials, services and sundry goods60/61€387k€338k▼
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€77▼
Other operating charges640/8€7k€2k▼
Gross operating margin9900€10k€16k▲
Operating profit (loss)9901€2k€12k▲
Financial income75/76B€38€109▲
Recurring financial income75€38€109▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€171€10k▲
Income taxes67/77€862€3k▲
Profit (loss) for the period9904€-691€7k▲
Profit (loss) for the period to be appropriated9905€-691€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4k€11k▲
Profit (loss) brought forward from the previous period14P€5k€4k▼
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after 5 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Aartselaar · 1 establishment unit since 2010
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.
Buerstedelei 392630 AartselaarGround area
805 m²
Building footprint
170 m²
Volume, LiDAR
884 m³
Parcel 11372A0153/00Y002, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Buerstedelei 39, 2630 Aartselaar
since 20102.187.943.381
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372A0153/00Y002 | Flanders | 805 m² | 1 · 170 m² | 9.9 m · 1 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.
Similar companies · same sector, comparable size
SEPPE VERLINDEN
BE 0657.942.189
Nijlen · Eq €31k
BOUSAN
BE 0842.470.338
Diksmuide · Eq €31k
TPLT
BE 0717.894.624
Tournai · Eq €31k
K-THERM
BE 0721.782.443
Sankt Vith · Eq €31k
A. Jacobs
BE 0757.479.136
Leuven · Eq €31k
Of 7,039 companies in sector 43221 we hold annual accounts for 3,469. 2,746 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-02-2010
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.