Rengin
Open bankruptcyA bankruptcy procedure is open for Rengin according to publications in the Belgian State Gazette; curator: KOEN VANDER STUYFT. The 2022 annual accounts show negative equity (€-65k) and a net result of €3k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, micro schema
Equity
€-65k▲ 4.4%
2021 · €-68k
2018: €-34k
2019: €-69k
2021: €-68k
2018 → 2022
Total assets
€12k▼ 17.9%
2021 · €14k
2018: €48k
2019: €38k
2021: €14k
2018 → 2022
Net result
€3k▲ 2,302%
2021 · €123
2018: €-42k
2019: €-36k
2021: €123
2018 → 2022
Working capital
€-34k▼ 2.7%
2021 · €-33k
2018: €-31k
2019: €-56k
2021: €-33k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€-34k-€-69k▼ 106%€-68k▲ 2.6%€-65k▲ 4.4%
Operating result€-37k-€-31k▲ 17.4%€6k€10k▲ 67.4%
Net result€-42k-€-36k▲ 13.9%€123€3k▲ 2,302%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2022 is 67% above 2021 and is the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €12k
Fixed assets
€7k▼ 42.5%
Current assets
€5k▲ 96.6%
Key figures and ratios
EBITDA
€18k▲
2021 · €17k
Cash flow
€10k▼
2021 · €11k
Solvency
-544.5%▼
2021 · -467.4%
Current ratio
0.13▲
2021 · 0.07
Quick ratio
0.10▲
2021 · 0.04
Debt / equity
-1.18▲
2021 · -1.21
ROE
-4.6%▼
2021 · -0.2%
ROA
24.9%▲
2021 · 0.9%
Interest coverage
45.29▲
2021 · 3.13
Debt
€77k▼
2021 · €82k
Debt ≤ 1 year
€39k▲
2021 · €35k
Debt > 1 year
€38k▼
2021 · €47k
Income taxes
€7k▲
2021 · €735
Staff costs
€7k▲
2021 · €2k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€14k€12k▼
Formation expenses20€0-
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€9k€4k▼
Furniture and vehicles24€306€1k▲
Current assets29/58€3k€5k▲
Stocks and contracts in progress3€1k€1k=
Stocks30/36€1k€1k=
Amounts receivable within one year40/41€49€3k▲
Other amounts receivable41€49€3k▲
Cash at bank and in hand54/58€1k€988▼
Deferred charges and accrued income490/1€50-
Equity and liabilities
Total equity and liabilities10/49€14k€12k▼
Equity10/15€-68k€-65k▲
Contributions10/11€6k€6k=
Reserves13€79€79=
Non-distributable reserves130/1€79€79=
Reserves not available under the articles1311€79€79=
Profit (loss) carried forward14€-74k€-71k▲
Amounts payable17/49€82k€77k▼
Amounts payable after more than one year17€47k€38k▼
Financial debts170/4€47k€38k▼
Amounts payable within one year42/48€35k€39k▲
Current portion of amounts payable after more than one year42€9k€5k▼
Trade debts44€7k€364▼
Suppliers440/4€7k€364▼
Taxes, remuneration and social security45€12k€12k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9€2k€679▼
Other amounts payable47/48€7k€21k▲
Income statement
Code20212022
Remuneration, social security and pensions62€2k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€21k€26k▲
Operating profit (loss)9901€6k€10k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€5k€391▼
Recurring financial charges65€5k€391▼
Profit (loss) for the period before taxes9903€858€10k▲
Income taxes67/77€735€7k▲
Profit (loss) for the period9904€123€3k▲
Profit (loss) for the period to be appropriated9905€123€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-74k€-71k▲
Profit (loss) brought forward from the previous period14P€-74k€-74k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · RENGIN BV GROTE MARKT 25, 9060 ZELZATE · event 24-06-2025
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
31-12
Financial
Highest result since 2018net €3k ▲2302%
Operating result €10k, net result €3k, both a record.
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
31-12
Financial
Back to profitnet €123
Net result €123 after 2 loss-making years.
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 516 days late
2019
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 122 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Zelzate · 1 establishment unit since 2019
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.
Grote Markt 259060 ZelzateGround area
1,191 m²
Building footprint
645 m²
Volume, LiDAR
10,385 m³
2 parcels, Flanders · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Derin
since 20192.294.556.279
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43302B0665/00F000indicative | Flanders | 612 m² | 1 · 143 m² | 13.8 m · 3 fl. |
| 43018A0520/00S000 | Flanders | 579 m² | 1 · 502 m² | 21.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | KOEN VANDER STUYFT KERKKOUTER 14,
9700 OUDENAARDE |
24-06-2025 → present |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 179 EUR awarded · 179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 179 EUR | 179 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZelzate2.294.556.279
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Of 4,202 companies in sector 10712 we hold annual accounts for 1,853. 789 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-03-2017
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.