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RENDECO

Active
Private limited company (pre-2019)founded 2009active for 17 yearsNotaxlaan 14, 9070 Destelbergen, BelgiumKBO/BCE: BE 0817.619.631
Summary

RENDECO has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €864,315 and a net result of €63,778. Equity has been growing by about 9.7% per year since 2019. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 06-08-2009 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.180.388.566 9070 Destelbergen, since 06-08-2009
Financial year end
30 September
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • Decolvenaere AnthonyDirector · since 06-08-2009
  • Van Renterghem JoséDirector · since 06-08-2009

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€231,505
▼ 11.1%
Turnover
≈ €590,000
estimated
Profit
€63,778
▼ 40.4%
Equity
€864,315
▲ 8.0%
Total assets
€3.7m
▲ 12.9%
Score breakdownraises riskLiquidity: current ratio 2.50, cash €60,163, halvedNo main activity registeredlowers riskSize: total assets €3.7mFigures for financial year 2025 (filed on 17-03-2026)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 38% of small companies without a NACE code
Financial strength · tick: 2024
Weak
Solvency 49-1
equity 23.6% of total assets
Liquidity 36-13
short-term debt 36.0% · cash 1.6%
Profitability 35-9
return on assets 1.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: 0.1%▲ +0.1 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025lowest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 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%▲ +0.1 percentage points vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.5 (4.49 in 2024), above the usual 1.5. Short-term debt is 36% and cash 1.6% of total assets. However, 76.4% of the assets are financed with debt and provisions.
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 (no NACE code, small). It does better than 30% of them on solvency, 23% on liquidity, 26% on profitability and 73% on growth.

The bankruptcy probability was computed on 04-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €3.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.50, cash €60,163, halved
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 17-03-2026)
NBB · annual accounts
raises risk · No main activity registered
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-03-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
51 days early
2023
75 days early
2022
48 days early
2021
78 days early
2020
39 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 48 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 10 March (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end05-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €63,778 7 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Key facts about RENDECO

What is the company number of RENDECO?
The company number of RENDECO is 0817.619.631. The VAT number is the same number with BE in front: BE 0817.619.631.
Where is RENDECO based?
The registered office is at Notaxlaan 14, 9070 Destelbergen.Company details
What is the legal form of RENDECO?
The legal form of RENDECO is Private limited company (pre-2019) (BVBA).
When was RENDECO founded?
RENDECO was founded on 06-08-2009.
Is RENDECO still active?
Yes, RENDECO is an active enterprise in the KBO register.
What is the turnover of RENDECO?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €231,505 and 1,648 comparable companies of the same size. It probably lies between €360,000 and €1.1m. It is a rough estimate.Financials
Is RENDECO profitable?
In financial year 2025, RENDECO made a profit of €63,778.
Where can I find the annual accounts of RENDECO?
RENDECO filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENDECO due?
RENDECO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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