R.N.K.
ActiveSummary
The computed 12-month bankruptcy probability of R.N.K. is 3.5% (moderate). The 2025 annual accounts show negative equity (€-28k) and a net result of €-43k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-32
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.58 against 0.96 in 2024; short-term debt: 116.3% and cash: 13.7% of total assets), and equity is negative.
Credit check 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 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
-50.7%
Return on assets
-76.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-28k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
17 d early
2023
30 d late
2022
30 d late
2021
29 d early
2020
26 d early
← 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
€-28k
2024 · €5k
2020: €4k
2021: €3k
2022: €-23k
2023: €-22k
2024: €5k
2020 → 2025
Total assets
€56k▼ 11.8%
2024 · €64k
2020: €24k
2021: €25k
2022: €50k
2023: €33k
2024: €64k
2020 → 2025
Net result
€-43k
2024 · €27k
2020: €-2k
2021: €-2k
2022: €-26k
2023: €519
2024: €27k
2020 → 2025
Working capital
€-27k▼ 1,069%
2024 · €-2k
2020: €1k
2021: €-173
2022: €-27k
2023: €-24k
2024: €-2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€-23k€-22k▲ 2.3%€5k€-28k
Operating result€152-€-25k€3k€33k▲ 1,018%€-37k
Net result€-2k-€-26k▼ 1,603%€519€27k▲ 5,124%€-43k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €37k after €33k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56k
Fixed assets
€18k ▲ 162%
Current assets
€38k ▼ 33.3%
Key figures and ratios
EBITDA
€-33k▼
2024 · €34k
Cash flow
€-39k▼
2024 · €28k
Solvency
-50.7%▼
2024 · 7.3%
Current ratio
0.58▼
2024 · 0.96
Debt to equity
-2.97▼
2024 · 12.71
ROA
-76.9%▼
2024 · 42.6%
Interest coverage
-5.07▼
2024 · 13.08
Debt
€85k▲
2024 · €59k
Debt ≤ 1 year
€65k▲
2024 · €59k
Debt > 1 year
€19k
Income taxes
€60▼
2024 · €4k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€64k€56k▼
Fixed assets21/28€7k€18k▲
Tangible fixed assets22/27€6k€18k▲
Plant, machinery and equipment23€6k€1k▼
Furniture and vehicles24€213€3k▲
Leasing and similar rights25-€14k
Financial fixed assets28€1k€0▼
Current assets29/58€57k€38k▼
Stocks and contracts in progress3€13k€0▼
Contracts in progress37€13k€0▼
Amounts receivable within one year40/41€14k€29k▲
Trade receivables40€0€25k▲
Other amounts receivable41€14k€4k▼
Cash at bank and in hand54/58€27k€8k▼
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€64k€56k▼
Equity10/15€5k€-28k▼
Contributions10/11€6k€16k▲
Profit (loss) carried forward14€-2k€-45k▼
Amounts payable17/49€59k€85k▲
Amounts payable after more than one year17-€19k
Financial debts170/4-€19k
Amounts payable within one year42/48€59k€65k▲
Current portion of amounts payable after more than one year42€0€7k▲
Financial debts43€25k€25k▲
Credit institutions430/8€25k€25k▲
Trade debts44€22k€26k▲
Suppliers440/4€22k€26k▲
Taxes, remuneration and social security45€3k€216▼
Taxes450/3€280€216▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€9k€6k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€614€4k▲
Other operating charges640/8€5k€4k▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€41k€-28k▼
Operating profit (loss)9901€33k€-37k▼
Financial income75/76B€1€188▲
Recurring financial income75€1€188▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€31k€-43k▼
Income taxes67/77€4k€60▼
Profit (loss) for the period9904€27k€-43k▼
Profit (loss) for the period to be appropriated9905€27k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-45k▼
Profit (loss) brought forward from the previous period14P€-29k€-2k▲
The notes to these accounts (15 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-43k ▼259%
Net result drops to €-43k, the lowest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €27k ▲5124%
Operating result €33k, net result €27k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €519
Net result €519 after 3 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ninove · 1 establishment unit since 2019
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.
Hazeleerstraat(Oke) 669400 NinoveGround area
4,823 m²
Building footprint
2,248 m²
Volume, LiDAR
12,691 m³
Parcel 41049A0609/00S000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
R.N.K.
since 20192.283.608.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41049A0609/00S000 | Flanders | 4,823 m² | 1 · 2,248 m² | 9.7 m · 2 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
SJW Projects
BE 0742.621.607
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H & O CONCEPTS
BE 0843.390.848
Tielt-Winge · Eq €4,628
LA PARQUETERIE DE BEAURIEUX
BE 0876.946.811
Court-Saint-Etienne · Eq €4,628
KRISMARTIN
BE 0894.209.049
Seraing · Eq €4,597
CLD CONCEPT
BE 0884.800.148
Braine-le-Comte · Eq €4,591
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 2,917 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
Founded07-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
41001General construction of residential buildings
43230Insulation installation
43310Plastering work
43350Other building finishing work
43910Bricklaying and masonry work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.