RENDEC
ActiveRENDEC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-70k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 7684 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.12 against 8.06 in 2024), and 5.4% 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.
+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 →
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
94.6%
Return on assets
-90.1%
Age of the figures
8 mo
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 filingsDeviation from the deadline
2025
on the day
2024
25 d late
2023
30 d late
2022
32 d early
2021
71 d late
2020
59 d late
2019
32 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€74k▼ 48.8%
2024 · €144k
2018: €245k
2019: €151k
2020: €21k
2021: €58k
2022: €55k
2023: €95k
2024: €144k
2018 → 2025
Total assets
€78k▼ 50.7%
2024 · €158k
2018: €387k
2019: €363k
2020: €40k
2021: €64k
2022: €65k
2023: €117k
2024: €158k
2018 → 2025
Net result
€-70k
2024 · €49k
2018: €7k
2019: €-94k
2020: €-130k
2021: €37k
2022: €-3k
2023: €40k
2024: €49k
2018 → 2025
Working capital
€22k▼ 78.3%
2024 · €99k
2018: €-32k
2019: €-101k
2020: €27k
2021: €52k
2022: €45k
2023: €84k
2024: €99k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€55k▼ 5.6%€95k▲ 72.4%€144k▲ 52.3%€74k▼ 48.8%
Operating result€39k-€1k▼ 97.4%€40k▲ 3,831%€51k▲ 26.9%€-69k
Net result€37k-€-3k€40k€49k▲ 24.5%€-70k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €69k after €51k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €78k
Fixed assets
€52k▲ 16.8%
Current assets
€26k▼ 77.3%
Equity and liabilities €78k
Equity
€74k▼ 48.8%
Debt
€4k▼ 70.1%
The debt ratio falls from 8.9% to 5.4%: debt falls faster than equity shrinks.
Key figures and ratios
Solvency
94.6%▲
2024 · 91.1%
Current ratio
6.12▼
2024 · 8.06
Quick ratio
6.12▼
2024 · 8.06
Debt / equity
0.06▼
2024 · 0.10
ROE
-95.2%▼
2024 · 34.3%
ROA
-90.1%▼
2024 · 31.3%
Debt
€4k▼
2024 · €14k
Debt ≤ 1 year
€4k▼
2024 · €14k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€158k€78k▼
Fixed assets21/28€45k€52k▲
Tangible fixed assets22/27€45k€52k▲
Plant, machinery and equipment23€2k€9k▲
Furniture and vehicles24€43k€43k=
Financial fixed assets28€90€90=
Current assets29/58€113k€26k▼
Amounts receivable within one year40/41€60k€15k▼
Trade receivables40€54k€8k▼
Other amounts receivable41€6k€7k▲
Cash at bank and in hand54/58€53k€11k▼
Equity and liabilities
Total equity and liabilities10/49€158k€78k▼
Equity10/15€144k€74k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€227k€227k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€225k€225k=
Profit (loss) carried forward14€-102k€-172k▼
Amounts payable17/49€14k€4k▼
Amounts payable within one year42/48€14k€4k▼
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€560€560▲
Taxes450/3€560€560▲
Other amounts payable47/48-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€68k€-68k▼
Operating profit (loss)9901€51k€-69k▼
Financial income75/76B€40€99▲
Recurring financial income75€40€99▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€49k€-70k▼
Profit (loss) for the period9904€49k€-70k▼
Profit (loss) for the period to be appropriated9905€49k€-70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-172k▼
Profit (loss) brought forward from the previous period14P€-151k€-102k▲
The notes to these accounts (4 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Highest result since 2018net €49k ▲24.5%
Operating result €51k, net result €49k, both a record.
31-12
Financial
Equity above €100kEq €144k ▲52.3%
2 profitable years in a row build equity to €144k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 71 days late
2021
31-12
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Weakest financial yearnet €-130k
Net result drops to €-130k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 15current ratio 6.29
Current ratio from 0.41 to 6.29; short-term debt falls from €172k to €5k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Truiden · 1 establishment unit since 2016
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.
Bornstraat 253806 Sint-TruidenGround area
1,558 m²
Building footprint
143 m²
Volume, LiDAR
702 m³
Parcel 71058C0026/00S000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENDEC
since 20162.257.054.002
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71058C0026/00S000 | Flanders | 1,558 m² | 1 · 143 m² | 9.3 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
NST-Systems
BE 0799.945.340
Amel · Eq €74k
Kris Eletriek
BE 0894.100.369
Lebbeke · Eq €74k
TEBS
BE 0860.798.982
Sivry-Rance · Eq €74k
HACARDIAUX-ELECTRICITE
BE 0801.121.911
Estinnes · Eq €74k
DE JONGE PATRICK
BE 0567.853.935
Scherpenheuvel-Zichem · Eq €74k
Of 22,728 companies in sector 43211 we hold annual accounts for 10,270. 8,735 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2016
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.