RE-NIBO
ActiveRE-NIBO has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €71k and a net result of €7k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 9984 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
89
/ 100
Excellent▲ +43 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability53▲+34
Solvency79▲+33
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 0.78 in 2023), and 53.3% of the assets are financed with debt.
Credit advice 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2024Solvency, return and age of the figures
Solvency
46.7%
Return on assets
4.9%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 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
not confirmed
2024
28 d late
2023
13 d late
2022
30 d late
2021
22 d late
2020
20 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€71k▲ 11.8%
2023 · €63k
2018: €38k
2019: €38k
2020: €40k
2021: €51k
2022: €61k
2023: €63k
2018 → 2024
Total assets
€152k▼ 21.9%
2023 · €194k
2018: €84k
2019: €51k
2020: €56k
2021: €81k
2022: €224k
2023: €194k
2018 → 2024
Net result
€7k▲ 207%
2023 · €2k
2018: €5k
2019: €50
2020: €2k
2021: €11k
2022: €10k
2023: €2k
2018 → 2024
Working capital
€15k
2023 · €-13k
2018: €31k
2019: €30k
2020: €13k
2021: €14k
2022: €-19k
2023: €-13k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€40k-€51k▲ 27.8%€61k▲ 20.0%€63k▲ 4.0%€71k▲ 11.8%
Operating result€4k-€14k▲ 266%€12k▼ 12.9%€8k▼ 35.9%€14k▲ 81.7%
Net result€2k-€11k▲ 392%€10k▼ 7.9%€2k▼ 76.1%€7k▲ 207%
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 2024; 2024 is 82% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €152k
Fixed assets
€101k▼ 32.6%
Current assets
€50k▲ 14.8%
Equity and liabilities €152k
Equity
€71k▲ 11.8%
Debt
€81k▼ 38.2%
The debt ratio falls from 67.4% to 53.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€67k▲
2023 · €56k
Cash flow
€60k▲
2023 · €51k
Solvency
46.7%▲
2023 · 32.6%
Current ratio
1.42▲
2023 · 0.78
Quick ratio
1.42▲
2023 · 0.44
Debt / equity
1.14▼
2023 · 2.06
ROE
10.5%▲
2023 · 3.8%
ROA
4.9%▲
2023 · 1.3%
Interest coverage
18.80▲
2023 · 12.66
Debt
€81k▼
2023 · €131k
Debt ≤ 1 year
€36k▼
2023 · €57k
Debt > 1 year
€45k▼
2023 · €74k
Income taxes
€3k▲
2023 · €736
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€194k€152k▼
Fixed assets21/28€150k€101k▼
Tangible fixed assets22/27€150k€101k▼
Plant, machinery and equipment23€122k€80k▼
Furniture and vehicles24€28k€21k▼
Current assets29/58€44k€50k▲
Stocks and contracts in progress3€19k€0▼
Contracts in progress37€19k€0▼
Amounts receivable within one year40/41€3k€20k▲
Trade receivables40€2k€14k▲
Other amounts receivable41€786€6k▲
Cash at bank and in hand54/58€19k€29k▲
Deferred charges and accrued income490/1€3k€844▼
Equity and liabilities
Total equity and liabilities10/49€194k€152k▼
Equity10/15€63k€71k▲
Contributions10/11€30k€30k=
Reserves13€27k€34k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€27k€34k▲
Profit (loss) carried forward14€7k€7k▲
Amounts payable17/49€131k€81k▼
Amounts payable after more than one year17€74k€45k▼
Financial debts170/4€74k€45k▼
Amounts payable within one year42/48€57k€36k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€29k€4k▼
Suppliers440/4€29k€4k▼
Taxes, remuneration and social security45€0€3k▲
Taxes450/3-€3k
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Income statement
Code20232024
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€53k▲
Other operating charges640/8€2k€1k▼
Non-recurring operating charges66A€703€1k▲
Gross operating margin9900€58k€69k▲
Operating profit (loss)9901€8k€14k▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€3k€10k▲
Income taxes67/77€736€3k▲
Profit (loss) for the period9904€2k€7k▲
Profit (loss) for the period to be appropriated9905€2k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€14k▲
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer to equity691/2€2k€7k▲
To other reserves6921€2k€7k▲
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
2026
07-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Mandate compensation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Mandate compensation3 facts ▸
- General meeting, 22/06/2026
- Director appointment, Eline Van Looveren (niet-statutaire bestuurder)
- Mandate compensation, Eline Van Looveren
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Highest result since 2018net €11k ▲392%
Net result €11k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Weakest financial yearnet €50 ▼99%
Net result drops to €50, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
Eline Van Looveren
CurrentNon-statutory director · since 01-07-2026
01-07-2026
Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Wuustwezel · 1 establishment unit since 1998
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.
Bredabaan (Centrum) 1402990 WuustwezelGround area
2,438 m²
Building footprint
150 m²
Volume, LiDAR
879 m³
Parcel 11053C0066/00B002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bredabaan (Centrum) 140, 2990 Wuustwezel
since 19982.089.567.268
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11053C0066/00B002 | Flanders | 2,438 m² | 1 · 150 m² | 8.4 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
KEIRSBILCK PETER
BE 0869.622.717
Nazareth-De Pinte · Eq €71k
DESIMPELAERE CONSTRUCT
BE 0446.856.432
Brugge · Eq €71k
MN ELEKTRO
BE 0743.388.204
Harelbeke · Eq €71k
RENOVATION DR
BE 0652.880.670
Braine-l'Alleud · Eq €71k
ARNDT Eric
BE 0462.587.753
Hamois · Eq €71k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,859. 13,087 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-1998
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
42220Construction of utility projects for electricity and telecommunications
43120Site preparation
45112
45215
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.