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Generated 20-07-2026
Active BE 1001.464.721Private limited company

RENEWABLE HEATING CONCEPTS

Kuifeendstraat 49 ·8400 Oostende, Belgium· 2 yrs active
Sector: Specialised construction (43222)
Conclusion Checked

The computed 12-month bankruptcy probability of RENEWABLE HEATING CONCEPTS is 3.9% (moderate). The 2024 annual accounts show negative equity (€-3k) and a net result of €-6k. Its solvency ranks better than 9% of 11056 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-3k
Net result €-6k
Staff (FTE) 0.6
Better than sector 9%
Snowflake analysis 5 axes · computed by Checked
Health58Profitability100Solvency65Growth50Stability67
68 / 100

Strong profile, led by profitability.

Health 58
Profitability 100
Solvency 65
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
3.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
58 / 100 Fair
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 26-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -1.7% 40.9%
better than 9% of 11056 sector peers
Net result €-6k €11k
better than 13% of 11038 sector peers
Equity €-3k €34k
better than 8% of 11059 sector peers
Gross operating margin €54k €35k
better than 65% of 11029 sector peers
Staff costs €17k €25k
higher than 45% of 4023 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€35k
Net profit€-6k
Cash flow€33k
Staff costs€17k
Income taxes-
Dividends-
Total assets€170k
Equity€-3k
Debt€173k
of which ≤ 1y€30k
of which > 1y€143k
Working capital€28k
Employees (FTE)0.6
Ratios (computed)
2024
Current ratio1.93
Quick ratio1.93
Working capital ratio16.4%
Solvency-1.7%
Debt / equity-60.16
Long-term debt ratio-49.74
Interest coverage18.59
Gross margin-
Net margin-
ROA-3.4%
ROE204.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€170k
Fixed assets 21/28€113k
Intangible fixed assets 21€56k
Tangible fixed assets 22/27€56k
Current assets 29/58€58k
Amounts receivable within one year 40/41€56k
Cash & bank 54/58€767
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€170k
Equity 10/15€-3k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€-6k
Amounts payable 17/49€173k
Amounts payable after one year 17€143k
Amounts payable within one year 42/48€30k
Trade debts payable within one year 44€739
Income statement
Gross operating margin 9900€54k
Operating result 9901€-4k
Financial income 75€74
Financial charges 65€2k
Result before taxes 9903€-6k
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43222)
Legal form Private limited company(610)
Incorporation20-10-2023
StatusActive
Postal code8400
Establishment units 1 location
RENEWABLE HEATING CONCEPTS
Kuifeendstraat 49, 8400 OostendeReparatie en onderhoud van producten van metaal
since 20232.351.661.268
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35020B0538/00T000 Flanders 193 m² 1 · 78 m² 0.1 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-09-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221
Primary activity highlighted.
Names & trade names
Legal nameNL RENEWABLE HEATING CONCEPTS
AbbreviationNL RHC
Registered office
Kuifeendstraat 49
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative