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Renka Styling

Active
Private limited companyfounded 2001active for 25 yearsWoeringenstraat 11A, 2560 Nijlen, BelgiumKBO/BCE: BE 0474.396.019
Summary

Renka Styling has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425,798 and a net result of €58,118. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 69% of 5,574 sector peers (NACE 96, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00439229.

Equity
€425,798▲ 15.8%
2024 · €367,680
Total assets
€821,933▲ 84.1%
2024 · €446,459
Net result
€58,118▼ 24.6%
2024 · €77,082
Working capital
€263,753▲ 5.9%
2024 · €249,013
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 12% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€95,929 2025 Net result€58,118 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€2,992-€24,302▲ 712%€17,447▼ 28.2%€56,420▲ 223%€45,316▼ 19.7%€96,330▲ 113%€109,132▲ 13.3%€95,929▼ 12.1%
Net result-€456-€15,161€12,587above the sector's middle half▼ 17.0%€37,838above the sector's middle half▲ 201%€29,762above the sector's middle half▼ 21.3%€63,499above the sector's middle half▲ 113%€77,082above the sector's middle half▲ 21.4%€58,118above the sector's middle half▼ 24.6%
Equity€193,799-€206,699▲ 6.7%€177,336above the sector's middle half▼ 14.2%€207,337above the sector's middle half▲ 16.9%€227,099above the sector's middle half▲ 9.5%€290,598above the sector's middle half▲ 28.0%€367,680above the sector's middle half▲ 26.5%€425,798above the sector's middle half▲ 15.8%
Total assets€244,144-€254,785▲ 4.4%€256,798above the sector's middle half▲ 0.8%€263,320above the sector's middle half▲ 2.5%€311,900above the sector's middle half▲ 18.4%€351,842above the sector's middle half▲ 12.8%€446,459above the sector's middle half▲ 26.9%€821,933above the sector's middle half▲ 84.1%
Debt€50,345-€48,085▼ 4.5%€79,462▲ 65.3%€55,982▼ 29.5%€84,802▲ 51.5%€61,244▼ 27.8%€78,779▲ 28.6%€396,135▲ 403%
Working capital€54,736-€84,781▲ 54.9%€71,610above the sector's middle half▼ 15.5%€113,387above the sector's middle half▲ 58.3%€145,446above the sector's middle half▲ 28.3%€222,187above the sector's middle half▲ 52.8%€249,013above the sector's middle half▲ 12.1%€263,753above the sector's middle half▲ 5.9%
Solvency79.4%-81.1%▲ 1.7pp69.1%above the sector's middle half▼ 12.1pp78.7%above the sector's middle half▲ 9.7pp72.8%above the sector's middle half▼ 5.9pp82.6%above the sector's middle half▲ 9.8pp82.4%above the sector's middle half▼ 0.2pp51.8%within the sector's middle half▼ 30.6pp
Current ratio3.83-4.21▲ 0.382.07within the sector's middle half▼ 2.153.14above the sector's middle half▲ 1.082.72above the sector's middle half▼ 0.434.63above the sector's middle half▲ 1.914.16above the sector's middle half▼ 0.473.88above the sector's middle half▼ 0.28
Return on assets (ROA)-0.2%-6.0%▲ 6.1pp4.9%within the sector's middle half▼ 1.0pp14.4%within the sector's middle half▲ 9.5pp9.5%within the sector's middle half▼ 4.8pp18.0%above the sector's middle half▲ 8.5pp17.3%above the sector's middle half▼ 0.8pp7.1%within the sector's middle half▼ 10.2pp
Staff (FTE)2.8-3.1▲ 10.7%3.3within the sector's middle half▲ 6.5%3.7▲ 12.1%4.2▲ 13.5%4.8▲ 14.3%3.7▼ 22.9%
above within below the middle half of NACE 96, Personal service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €821,933
Fixed assets €466,751 ▲ 293%
Current assets €355,182 ▲ 8.4%
Equity and liabilities €821,933
Equity €425,798 ▲ 15.8%
Debt €396,135 ▲ 403%
Debt's share of the balance-sheet total rises from 17.6% to 48.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€150,412▲
2024 · €137,660
Cash flow
€112,601▲
2024 · €105,610
Quick ratio
3.41▼
2024 · 3.73
Debt to equity
0.93▲
2024 · 0.21
ROE
13.6%▼
2024 · 21.0%
Interest coverage
19.86▼
2024 · 88.99
Debt ≤ 1 year
€91,429▲
2024 · €78,779
Debt > 1 year
€304,706
Income taxes
€31,535▲
2024 · €31,433
Staff costs
€245,746▲
2024 · €185,360
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€446,459€821,933▲
Fixed assets21/28€118,667€466,751▲
Tangible fixed assets22/27€118,667€466,751▲
Land and buildings22€60,749€420,755▲
Plant, machinery and equipment23€22,990€21,985▼
Furniture and vehicles24€34,928€24,011▼
Current assets29/58€327,792€355,182▲
Stocks and contracts in progress3€33,864€43,535▲
Stocks30/36€33,864€43,535▲
Amounts receivable within one year40/41€11,900€42,918▲
Trade receivables40€103€1,678▲
Other amounts receivable41€11,797€41,240▲
Cash at bank and in hand54/58€278,971€268,728▼
Deferred charges and accrued income490/1€3,057€0▼
Equity and liabilities
Total equity and liabilities10/49€446,459€821,933▲
Equity10/15€367,680€425,798▲
Contributions10/11€24,400€24,400=
Reserves13€343,280€401,398▲
Distributable reserves133€343,280€401,398▲
Amounts payable17/49€78,779€396,135▲
Amounts payable after more than one year17-€304,706
Financial debts170/4-€304,706
Amounts payable within one year42/48€78,779€91,429▲
Current portion of amounts payable after more than one year42-€19,221
Trade debts44€19,023€13,463▼
Suppliers440/4€19,023€13,463▼
Advances received on contracts in progress46€22,023€22,023=
Taxes, remuneration and social security45€37,181€35,701▼
Taxes450/3€20,877€7,054▼
Remuneration and social security454/9€16,304€28,647▲
Other amounts payable47/48€552€1,020▲
Income statement Code20242025
Non-recurring operating income76A€8,250€0▼
Remuneration, social security and pensions62€185,360€245,746▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,528€54,483▲
Other operating charges640/8€2,338€2,847▲
Non-recurring operating charges66A-€8,099
Gross operating margin9900€325,357€407,104▲
Operating profit (loss)9901€109,132€95,929▼
Financial income75/76B€930€1,297▲
Recurring financial income75€930€1,297▲
Financial charges65/66B€1,547€7,574▲
Recurring financial charges65€1,547€7,574▲
Profit (loss) for the period before taxes9903€108,515€89,653▼
Income taxes67/77€31,433€31,535▲
Profit (loss) for the period9904€77,082€58,118▼
Profit (loss) for the period to be appropriated9905€77,082€58,118▼
Appropriation of the result
Profit (loss) to be appropriated9906€77,082€58,118▼
Transfer to equity691/2€77,082€58,118▼
To other reserves6921€77,082€58,118▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€16,385€8,250€0▼ 100%
Remuneration, social security and pensions62---€120,463€177,874€178,345€185,360€245,746▲ 32.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,856€27,059€26,058€25,618€18,731€19,132€28,528€54,483▲ 91.0%
Other operating charges640/8---€1,894€1,876€2,124€2,338€2,847▲ 21.8%
Non-recurring operating charges66A----€2,828€0-€8,099-
Gross operating margin9900€141,147€177,939€136,768€204,395€246,625€295,931€325,357€407,104▲ 25.1%
Operating profit (loss)9901€2,992€24,302€17,447€56,420€45,316€96,330€109,132€95,929▼ 12.1%
Financial income75/76B---€0€166€813€930€1,297▲ 39.4%
Recurring financial income75€2€91€205€0€166€813€930€1,297▲ 39.4%
Financial charges65/66B---€1,222€591€310€1,547€7,574▲ 390%
Recurring financial charges65€2,552€1,973€1,513€1,222€591€310€1,547€7,574▲ 390%
Profit (loss) for the period before taxes9903€442€22,420€16,138€55,199€44,891€96,833€108,515€89,653▼ 17.4%
Income taxes67/77€898€7,259€3,551€17,361€15,130€33,334€31,433€31,535▲ 0.3%
Profit (loss) for the period9904-€456€15,161€12,587€37,838€29,762€63,499€77,082€58,118▼ 24.6%
Profit (loss) for the period to be appropriated9905-€456€15,161€12,587€37,838€29,762€63,499€77,082€58,118▼ 24.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€244,144€254,785€256,798€263,320€311,900€351,842€446,459€821,933▲ 84.1%
Fixed assets21/28€170,062€143,619€118,126€97,050€81,793€68,411€118,667€466,751▲ 293%
Intangible fixed assets21€357--------
Tangible fixed assets22/27€169,705€143,619€118,126€97,050€81,793€68,411€118,667€466,751▲ 293%
Land and buildings22---€92,396€72,495€60,743€60,749€420,755▲ 593%
Plant, machinery and equipment23---€973€6,406€5,564€22,990€21,985▼ 4.4%
Furniture and vehicles24---€3,681€2,892€2,104€34,928€24,011▼ 31.3%
Current assets29/58€74,081€111,166€138,672€166,269€230,108€283,431€327,792€355,182▲ 8.4%
Stocks and contracts in progress3€10,863€17,050€23,980€16,048€26,827€24,309€33,864€43,535▲ 28.6%
Stocks30/36---€16,048€26,827€24,309€33,864€43,535▲ 28.6%
Amounts receivable within one year40/41€10,138€5,760€7,989€3,479€3,674€16,444€11,900€42,918▲ 261%
Trade receivables40----€235€14,368€103€1,678▲ 1,522%
Other amounts receivable41---€3,479€3,439€2,077€11,797€41,240▲ 250%
Cash at bank and in hand54/58€52,517€85,787€101,341€145,883€194,786€239,837€278,971€268,728▼ 3.7%
Deferred charges and accrued income490/1---€859€4,821€2,841€3,057€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€244,144€254,785€256,798€263,320€311,900€351,842€446,459€821,933▲ 84.1%
Equity10/15€193,799€206,699€177,336€207,337€227,099€290,598€367,680€425,798▲ 15.8%
Contributions10/11€24,400€24,400-€24,400€24,400€24,400€24,400€24,400=
Reserves13€169,399€182,299€152,936€182,937€202,699€266,198€343,280€401,398▲ 16.9%
Non-distributable reserves130/1---€2,440€2,440€0---
Reserves not available under the articles1311---€2,440€2,440€0---
Distributable reserves133---€180,497€200,259€266,198€343,280€401,398▲ 16.9%
Profit (loss) carried forward14-----€0---
Amounts payable17/49€50,345€48,085€79,462€55,982€84,802€61,244€78,779€396,135▲ 403%
Amounts payable after more than one year17€31,000€21,700€12,400€3,100---€304,706-
Financial debts170/4---€3,100---€304,706-
Amounts payable within one year42/48€19,345€26,385€67,062€52,882€84,662€61,244€78,779€91,429▲ 16.1%
Current portion of amounts payable after more than one year42---€9,300€3,100€0-€19,221-
Trade debts44€2,997€3,817€4,016€7,385€6,542€4,932€19,023€13,463▼ 29.2%
Suppliers440/4---€7,385€6,542€4,932€19,023€13,463▼ 29.2%
Advances received on contracts in progress46---€1,660€619€80€22,023€22,023=
Taxes, remuneration and social security45---€25,632€59,141€56,233€37,181€35,701▼ 4.0%
Taxes450/3---€16,096€29,173€36,661€20,877€7,054▼ 66.2%
Remuneration and social security454/9---€9,536€29,968€19,572€16,304€28,647▲ 75.7%
Other amounts payable47/48---€8,906€15,259€0€552€1,020▲ 84.9%
Accrued charges and deferred income492/3----€140€0---
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€456€15,161€12,587€37,838€29,762€63,499€77,082€58,118▼ 24.6%
+ Depreciation and write-downs630€26,856€27,059€26,058€25,618€18,731€19,132€28,528€54,483▲ 91.0%
Operating cash flow (approximation)€26,400€42,220€38,645€63,456€48,492€82,631€105,610€112,601▲ 6.6%
Investment in fixed assets (approximation)--€616-€565-€4,543-€3,473-€5,750-€78,784-€402,567▼ 411%
Change in cash-€33,270€15,554€44,542€48,903€45,051€39,134-€10,243-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 25 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00439229
31-12-2024 micro format 29-08-2025 2025-00434859
31-12-2023 micro format 31-07-2024 2024-00308378
31-12-2022 micro format 25-07-2023 2023-00282791
31-12-2021 micro format 06-07-2022 2022-20155210
31-12-2020 micro format 29-07-2021 2021-41600439
31-12-2019 micro format 02-07-2020 2020-25900376
31-12-2018 micro format 02-07-2019 2019-27900156
31-12-2017 micro format 10-07-2018 2018-31500160
31-12-2016 micro format 29-06-2017 2017-22700276

Show all 25 filings

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Subsidies and aid

Flemish government

2022 · 1 entry · €43 awarded · €43 paid
Schemes
1 entry · €43 · €43 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.