PRENOVATIE
ActiveSummary
PRENOVATIE has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €-851. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 22% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-3
Solvency45▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.99 in 2024; short-term debt: 66.9% of total assets), and 80.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · 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
19.8%
Return on assets
-0.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
26 d late
2023
16 d late
2022
49 d early
2021
24 d early
2020
53 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 3.6%
2024 · €24k
2018: €9k
2019: €-3k
2020: €18k
2021: €18k
2022: €20k
2023: €21k
2024: €24k
2018 → 2025
Total assets
€115k▼ 7.0%
2024 · €124k
2018: €268k
2019: €192k
2020: €209k
2021: €157k
2022: €132k
2023: €124k
2024: €124k
2018 → 2025
Net result
€-851
2024 · €3k
2018: €45
2019: €-12k
2020: €9k
2021: €-97
2022: €2k
2023: €859
2024: €3k
2018 → 2025
Working capital
€5k
2024 · €-911
2018: €41k
2019: €-19k
2020: €9k
2021: €4k
2022: €4k
2023: €3k
2024: €-911
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€20k▲ 13.0%€21k▲ 4.3%€24k▲ 12.2%€23k▼ 3.6%
Operating result€5k-€4k▼ 6.0%€2k▼ 48.9%€4k▲ 79.1%€659▼ 83.1%
Net result€-97-€2k€859▼ 63.0%€3k▲ 200%€-851
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€34k ▼ 26.4%
Current assets
€82k ▲ 4.3%
Equity and liabilities €115k
Equity
€23k ▼ 3.6%
Debt
€92k ▼ 7.8%
Debt's share of the balance-sheet total falls from 80.9% to 80.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2024 · €13k
Cash flow
€11k▼
2024 · €12k
Current ratio
1.06▲
2024 · 0.99
Debt to equity
4.05▼
2024 · 4.24
ROE
-3.7%▼
2024 · 10.9%
ROA
-0.7%▼
2024 · 2.1%
Interest coverage
8.45▼
2024 · 9.94
Debt ≤ 1 year
€77k▼
2024 · €79k
Debt > 1 year
€15k▼
2024 · €21k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€124k€115k▼
Fixed assets21/28€46k€34k▼
Tangible fixed assets22/27€46k€34k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€42k€32k▼
Current assets29/58€78k€82k▲
Amounts receivable within one year40/41€78k€81k▲
Trade receivables40€71k€73k▲
Other amounts receivable41€7k€9k▲
Deferred charges and accrued income490/1€74€89▲
Equity and liabilities
Total equity and liabilities10/49€124k€115k▼
Equity10/15€24k€23k▼
Contributions10/11€19k€19k=
Reserves13€155€155=
Non-distributable reserves130/1€155€155=
Reserves not available under the articles1311€155€155=
Profit (loss) carried forward14€5k€4k▼
Amounts payable17/49€100k€92k▼
Amounts payable after more than one year17€21k€15k▼
Financial debts170/4€21k€15k▼
Amounts payable within one year42/48€79k€77k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€4k€2k▼
Credit institutions430/8€4k€2k▼
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€216-
Taxes450/3€216-
Other amounts payable47/48€64k€65k▲
Accrued charges and deferred income492/3€7€74▲
Income statement
Code20242025
Non-recurring operating income76A€22k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Other operating charges640/8€373€2k▲
Gross operating margin9900€14k€14k▲
Operating profit (loss)9901€4k€659▼
Financial income75/76B€15-
Recurring financial income75€15-
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€3k€-851▼
Profit (loss) for the period9904€3k€-851▼
Profit (loss) for the period to be appropriated9905€3k€-851▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€4k▼
Profit (loss) brought forward from the previous period14P€2k€5k▲
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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
04-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 15/07/2026
- Registered-office move, Boterstraat 6, 9300 Aalst
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Weakest financial yearnet €-12k ▼27703%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 1 establishment unit since 2011
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.
Boterstraat 69300 AalstGround area
217 m²
Building footprint
217 m²
Volume, LiDAR
1,481 m³
Parcel 41002A1078/00C000, Flanders · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Boterstraat 6, 9300 Aalst
since 20112.199.545.670
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002A1078/00C000 | Flanders | 217 m² | 1 · 217 m² | 16.3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 405 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
MEMO CONSTRUCT
BE 1006.345.997
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EL-B Bouw
BE 0755.879.329
Aartselaar · Eq €22,863
Halfweg
BE 0839.922.010
Lokeren · Eq €22,620
CUBITO
BE 0837.811.863
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PHOEBUS
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Ukkel · Eq €22,600
Of 4,097 companies in sector 43240 we hold annual accounts for 1,632. 1,160 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 (pre-2019)
Founded26-04-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.