RenCo Koksijde
ActiveSummary
The computed 12-month bankruptcy probability of RenCo Koksijde is 1.9% (moderate). The 2025 annual accounts show negative equity (-€201,230) and a net result of -€73,100. Equity has been shrinking by about 35% per year since 2023. Its solvency ranks better than 12% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 24-02-2022 Normal situation
- Registered office
- 11 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Development of residential building projects NACE 68121and 2 others
- Establishment unit
- 2.328.351.871 8650 Houthulst, since 24-02-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 05-12-2025
Board and ownership
- GISA VASTGOEDDirector · since 23-02-2022 · permanent representative LIPPENS Gino
- GISA VASTGOED66.7%· score 942025 annual accounts of GISA VASTGOED
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
- Gross margin
- -€34,382
- Loss
- €73,100
- ▲ 365%
- Equity
- -€201,230
- ▼ 57.1%
- Total assets
- €1.6m
- ▲ 9.1%
- Negative equity on 31-12-2025
Score breakdownraises riskLiquidity: current ratio 0.89, cash €1,926, halved1 change of registered office in 24 monthslowers riskSector: Real estate activities (NACE 68)Size: total assets €1.6mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 12% of them on solvency, 2% on liquidity, 15% on profitability and 11% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 3 accounts on average 27 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€201,230 View
- Risk: 3 loss-making years in a rowloss in financial year 2025 -€73,100 View
- Caution: Result fell in 2025from -€15,706 to -€73,100 ▼ 365% View
- Caution: Lower net result than 95% of companies in real estatesector median €6,030 · 17,139 companies -€73,100 View
Recent changes
- · Gazette deed Registered office moved from Kortrijk to HouthulstNew seat: Stokstraat 19, 8650 Houthulst (Klerken) · Previous seat: Engelse Wandeling (Kor) 2F bus 4, 8500 Kortrijk, België
- · Gazette deed Resignation: TORVAN BV (director)Permanent representative: Wouter TORNEY
- · Gazette deed Appointment: TORVAN BV (director)Permanent representative: Wouter Torney
Comparable companies
These companies have the same main activity as RenCo Koksijde: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 2021 and 2022.
| Company | Total assets | Gross margin |
|---|---|---|
| RenCo Koksijde Houthulst | €1.6m | -€0.03m |
| MOONA REAL ESTATE Brugge | €1.7m | -€0.005m |
| Frelu Brugge | €1.6m | -€0.008m |
| LPI DEVELOPMENT Ieper | €1.6m | -€0.4m |
| SLPT Waregem | €1.9m | -€0.02m |
| Coast Development Zwevegem | €1.7m | -€0.003m |
| NORTH DEVELOPMENT Knokke-Heist | €1.4m | -€0.002m |
Key facts about RenCo Koksijde
- What is the company number of RenCo Koksijde?
- The company number of RenCo Koksijde is 0782.568.284. The VAT number is the same number with BE in front: BE 0782.568.284.
- Where is RenCo Koksijde based?
- The registered office is at Stokstraat 19, 8650 Houthulst.Company details
- What does RenCo Koksijde do?
- According to the KBO register, the main activity is development of residential building projects (NACE 68121).
- What is the legal form of RenCo Koksijde?
- The legal form of RenCo Koksijde is Private limited company (BV).
- When was RenCo Koksijde founded?
- RenCo Koksijde was founded on 24-02-2022.
- Is RenCo Koksijde still active?
- Yes, RenCo Koksijde is an active enterprise in the KBO register.
- What is the turnover of RenCo Koksijde?
- The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
- Is RenCo Koksijde profitable?
- In financial year 2025, RenCo Koksijde made a loss of €73,100.
- Where can I find the annual accounts of RenCo Koksijde?
- RenCo Koksijde filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RenCo Koksijde due?
- RenCo Koksijde must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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