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RENDEC

Active
Private limited companyfounded 2016active for 10 yearsBornstraat 25, 3806 Sint-Truiden, BelgiumKBO/BCE: BE 0662.811.490
Summary

The annual accounts of RENDEC for financial year 2025 show a net loss of 90% of total assets. The 2025 annual accounts show equity of €73,729 and a net result of -€70,185. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 9,816 sector peers (NACE 43, financial year 2025). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow ReportCompare
RENDECActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€77,939total assets 2025
Equity
€73,729
Loss
-€70,185
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
2025 accounts on time1 of 3 deeds summarised
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €70,185 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskEquity €73,729 (94.6% of total assets)Liquidity: current ratio 6.12, cash €10,545, halvedShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 100=
equity 94.6% of total assets
Liquidity 67-25
short-term debt 5.4% · cash 13.5%
Profitability 0-100
return on assets -90.1%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,644 companies, NACE 43, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.1%▼ -0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.7 percentage points vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026highest value
Credit of up to €4,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.12, compared with 8.06 in 2024, above the usual 1.5; short-term debt: 5.4% and cash: 13.5% of total assets), and 5.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 90% on solvency, 65% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €70,185 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €73,729 (94.6% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.12, cash €10,545, halved
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
on the day
2024
25 days late
2023
30 days late
2022
32 days early
2021
71 days late
2020
59 days late
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2025net €49,411 ▲24.5%

Key points

  • Caution: From profit to loss in 2025after €49,411 in 2024 -€70,185 View
  • Caution: Among the weakest 5% on net resultsector median €26,992 · 9,808 companies -€70,185 View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Total assets
€77,939
Loss
-€70,185
Solvency
94.6%
Total assets▼ 50.7%
Net result
20182025
Go to Financials

Timeline

Events
16
Since
2018
Next accounts
by 31-07-2027
  1. 31-12-2024Equity above €100,000
  2. 30-08-2024Annual accounts filed
  3. 03-01-2024Resignation: DECLERCQ Sven (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
21-09-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
9
Who signs
Each director alone
Annual meeting
Second Saturday of June at 18:00
Purpose
“Vervaardiging van metalen constructiewerken of gebinten voor de bouw; Onderneming voor het…” (deed in Dutch)
Go to Articles of association

Key facts about RENDEC

What is the company number of RENDEC?
0662.811.490. In Belgium the VAT number is the company number with BE in front: BE 0662.811.490.
Where is RENDEC based?
The registered office is at Bornstraat 25, 3806 Sint-Truiden.Company details
What does RENDEC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of RENDEC?
Private limited company (BV).
When was RENDEC founded?
On 21-09-2016.
Is RENDEC still active?
Yes, RENDEC is an active enterprise in the KBO register.
What is the turnover of RENDEC?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RENDEC profitable?
In financial year 2025, RENDEC made a loss of €70,185.
Where can I find the annual accounts of RENDEC?
RENDEC filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENDEC due?
By 31-07-2027, for financial year 2026.Timeline

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