RENITECH
ActiveThe computed 12-month bankruptcy probability of RENITECH is 1.7% (moderate). The 2025 annual accounts show negative equity (€-26k) and a net result of €-27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 27787 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
22
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-65
Solvency3▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.31 in 2024; short-term debt: 69.8% and cash: 6.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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
-22.4%
Return on assets
-22.7%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-26k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
1 d early
2022
10 d late
2021
2 d late
2020
on the day
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-26k
2024 · €306
2019: €7k
2020: €-5k
2021: €-745
2022: €6k
2023: €5k
2024: €306
2019 → 2025
Total assets
€118k▼ 22.1%
2024 · €151k
2019: €152k
2020: €132k
2021: €123k
2022: €137k
2023: €138k
2024: €151k
2019 → 2025
Net result
€-27k▼ 454%
2024 · €-5k
2019: €325
2020: €-12k
2021: €4k
2022: €7k
2023: €-394
2024: €-5k
2019 → 2025
Working capital
€-72k▼ 36.3%
2024 · €-53k
2019: €-16k
2020: €-26k
2021: €-19k
2022: €-9k
2023: €-28k
2024: €-53k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-745-€6k€5k▼ 7.1%€306▼ 94.0%€-26k
Operating result€6k-€9k▲ 46.0%€3k▼ 71.7%€-2k€-25k▼ 937%
Net result€4k-€7k▲ 65.2%€-394€-5k▼ 1,125%€-27k▼ 454%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €25k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€108k▼ 15.4%
Current assets
€10k▼ 57.5%
Key figures and ratios
EBITDA
€-5k▼
2024 · €14k
Cash flow
€-7k▼
2024 · €11k
Solvency
-22.4%▼
2024 · 0.2%
Current ratio
0.12▼
2024 · 0.31
Quick ratio
0.12▼
2024 · 0.31
Debt / equity
-5.46
ROA
-22.7%▼
2024 · -3.2%
Interest coverage
-2.78▼
2024 · 6.05
Debt
€144k▼
2024 · €151k
Debt ≤ 1 year
€82k▲
2024 · €77k
Debt > 1 year
€62k▼
2024 · €74k
Income taxes
€215▲
2024 · €189
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€151k€118k▼
Fixed assets21/28€127k€108k▼
Tangible fixed assets22/27€127k€108k▼
Land and buildings22€73k€68k▼
Plant, machinery and equipment23€369€61▼
Furniture and vehicles24€54k€39k▼
Current assets29/58€24k€10k▼
Amounts receivable within one year40/41€13k€652▼
Trade receivables40€7k€551▼
Other amounts receivable41€6k€102▼
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€151k€118k▼
Equity10/15€306€-26k▼
Contributions10/11€6k€6k=
Reserves13€325€325=
Distributable reserves133€325€325=
Profit (loss) carried forward14€-6k€-33k▼
Amounts payable17/49€151k€144k▼
Amounts payable after more than one year17€74k€62k▼
Financial debts170/4€74k€62k▼
Amounts payable within one year42/48€77k€82k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€865€1k▲
Taxes450/3€865€1k▲
Other amounts payable47/48€61k€65k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€20k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€16k€-3k▼
Operating profit (loss)9901€-2k€-25k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-5k€-27k▼
Income taxes67/77€189€215▲
Profit (loss) for the period9904€-5k€-27k▼
Profit (loss) for the period to be appropriated9905€-5k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-33k▼
Profit (loss) brought forward from the previous period14P€-1k€-6k▼
The notes to these accounts (5 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
30-09
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
30-09
Financial
Highest result since 2019net €7k ▲65.2%
Operating result €9k, net result €7k, both a record.
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
30-09
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 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, Pajottegem · 1 establishment unit since 2018
Ground area
2,428 m²
Building footprint
379 m²
Volume, LiDAR
2,063 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENITECH
since 20182.276.436.283
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23070A0180/00M000 | Flanders | 2,004 m² | 1 · 109 m² | 8.4 m · 2 fl. |
| 23087C0611/00K000 | Flanders | 424 m² | 1 · 270 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Plombex
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Ronny Technics en Zoon
BE 0716.851.774
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NI CHAUD NI FROID
BE 0802.545.435
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Sani-Tronic
BE 1000.669.420
Rumst · Eq €209
ENTREPRISE PILATO
BE 0471.663.290
Anderlecht · Eq €467
Of 9,530 companies in sector 43222 we hold annual accounts for 5,662. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2018
Fiscal year end30-09
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
41003General construction of other non-residential buildings
43211General electrical installation work
43221Plumbing work
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.