RENO CONSTRUCT SOLUTIONS
ActiveSummary
RENO CONSTRUCT SOLUTIONS has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42,357 and a net result of €4,538. Equity has been stable since 2019 (±2% per year). Its solvency ranks better than 79% of 17,145 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-02-2013 Normal situation
- Activity
- Development of residential building projects NACE 68121and 1 other
- Establishment unit
- 2.216.725.261 1150 Sint-Pieters-Woluwe, since 18-02-2013
- Financial year end
- 30 June
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €11,127
- ▲ 44.9%
- Turnover
- ≈ €46,000
- estimated
- Profit
- €4,538
- ▲ 313%
- Equity
- €42,357
- ▲ 12.0%
- Total assets
- €60,359
- ▲ 20.1%
Score breakdownraises riskSize: total assets €60,359lowers riskLiquidity: current ratio 3.20, cash €18,849Equity €42,357 (70.2% of total assets)Sector: Real estate activities (NACE 68)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 (NACE 68, micro). It does better than 78% of them on solvency, 84% on liquidity, 75% on profitability and 68% on growth.
The bankruptcy probability was computed on 02-11-2026 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
The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 28-01-2026 PDF all 12 filings
Every figure per financial year
The operating result for 2025 is 3.5 times that of 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €7,440 | €3,000 | €2,542 | - |
| Depreciation and write-downs of the year | €2,772 | €4,703 | €5,072 | €1,944 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3,574 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,724 | €2,724 | €2,405 | €2,772 | €4,703 | €5,072 | €1,944 | ▼ 61.7% |
| Other operating charges640/8 | - | - | - | €624 | €1,135 | €641 | €2,340 | ▲ 265% |
| Gross operating margin9900 | €29,851 | €40,482 | €7,264 | €4,662 | €10,153 | €7,677 | €11,127 | ▲ 44.9% |
| Operating profit (loss)9901 | €22,057 | €8,256 | €4,432 | -€2,308 | €4,315 | €1,964 | €6,843 | ▲ 248% |
| Financial income75/76B | - | - | - | €1 | €40 | €18 | €64 | ▲ 256% |
| Recurring financial income75 | - | - | €37 | €1 | €40 | €18 | €64 | ▲ 256% |
| Financial charges65/66B | - | - | - | €937 | €971 | €848 | €990 | ▲ 16.7% |
| Recurring financial charges65 | €1,215 | €174 | €661 | €752 | €791 | €727 | €677 | ▼ 6.9% |
| Non-recurring financial charges66B | - | - | - | €185 | €180 | €121 | €313 | ▲ 159% |
| Profit (loss) for the period before taxes9903 | €20,846 | €8,008 | €37 | -€3,244 | €3,384 | €1,134 | €5,917 | ▲ 422% |
| Income taxes67/77 | €5,821 | €1,306 | €1,069 | €833 | €2,205 | €36 | €1,379 | ▲ 38× |
| Profit (loss) for the period9904 | €15,025 | €6,702 | -€1,032 | -€4,077 | €1,179 | €1,098 | €4,538 | ▲ 313% |
| Profit (loss) for the period to be appropriated9905 | €15,025 | €6,702 | -€1,032 | -€4,077 | €1,179 | €1,098 | €4,538 | ▲ 313% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €160,119 | €48,915 | €75,566 | €64,431 | €101,212 | €50,244 | €60,359 | ▲ 20.1% |
| Fixed assets21/28 | €6,913 | €4,189 | €4,852 | €9,520 | €7,817 | €5,287 | €3,343 | ▼ 36.8% |
| Tangible fixed assets22/27 | €6,875 | €4,151 | €4,814 | €9,482 | €7,779 | €5,249 | €3,305 | ▼ 37.0% |
| Plant, machinery and equipment23 | - | - | - | €227 | €2,858 | €2,259 | €1,659 | ▼ 26.6% |
| Furniture and vehicles24 | - | - | - | €9,255 | €4,921 | €2,990 | €1,646 | ▼ 44.9% |
| Financial fixed assets28 | €38 | €38 | €38 | €38 | €38 | €38 | €38 | = |
| Current assets29/58 | €153,206 | €44,726 | €70,714 | €54,911 | €93,395 | €44,957 | €57,016 | ▲ 26.8% |
| Amounts receivable within one year40/41 | €113,013 | €15,459 | €59,459 | €49,725 | €43,846 | €14,420 | €30,331 | ▲ 110% |
| Trade receivables40 | - | - | - | €49,725 | €43,846 | €9,809 | €29,319 | ▲ 199% |
| Other amounts receivable41 | - | - | - | - | - | €4,611 | €1,012 | ▼ 78.1% |
| Cash at bank and in hand54/58 | €40,193 | €28,057 | €7,971 | €4,675 | €45,694 | €26,546 | €18,849 | ▼ 29.0% |
| Deferred charges and accrued income490/1 | - | - | - | €511 | €3,855 | €3,991 | €7,836 | ▲ 96.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €160,119 | €48,915 | €75,566 | €64,431 | €101,212 | €50,244 | €60,359 | ▲ 20.1% |
| Equity10/15 | €33,949 | €40,651 | €39,619 | €35,542 | €36,721 | €37,819 | €42,357 | ▲ 12.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €21,549 | €28,251 | €28,251 | €23,142 | €24,321 | €25,419 | €29,957 | ▲ 17.9% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €21,282 | €22,461 | €23,559 | €28,097 | ▲ 19.3% |
| Profit (loss) carried forward14 | - | - | -€1,032 | - | - | - | - | - |
| Amounts payable17/49 | €126,170 | €8,264 | €35,947 | €28,889 | €64,491 | €12,425 | €18,002 | ▲ 44.9% |
| Amounts payable within one year42/48 | €125,525 | €8,104 | €35,307 | €28,729 | €64,331 | €12,265 | €17,842 | ▲ 45.5% |
| Trade debts44 | €119,245 | - | €18,999 | €19,031 | €48,806 | €5,618 | €8,601 | ▲ 53.1% |
| Suppliers440/4 | - | - | - | €17,313 | €22,431 | €4,389 | €7,651 | ▲ 74.3% |
| Bills of exchange payable441 | - | - | - | €1,718 | €26,375 | €1,229 | €950 | ▼ 22.7% |
| Taxes, remuneration and social security45 | - | - | - | €7,520 | €15,525 | €6,647 | €5,646 | ▼ 15.1% |
| Taxes450/3 | - | - | - | €7,520 | €15,525 | €6,647 | €5,646 | ▼ 15.1% |
| Other amounts payable47/48 | - | - | - | €2,178 | - | - | €3,595 | - |
| Accrued charges and deferred income492/3 | - | - | - | €160 | €160 | €160 | €160 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,025 | €6,702 | -€1,032 | -€4,077 | €1,179 | €1,098 | €4,538 | ▲ 313% |
| + Depreciation and write-downs630 | €2,724 | €2,724 | €2,405 | €2,772 | €4,703 | €5,072 | €1,944 | ▼ 61.7% |
| Operating cash flow (approximation) | €17,749 | €9,426 | €1,373 | -€1,305 | €5,882 | €6,170 | €6,482 | ▲ 5.1% |
| Investment in fixed assets (approximation) | - | €0 | -€3,068 | -€7,440 | -€3,000 | -€2,542 | €0 | - |
| Change in cash | - | -€12,136 | -€20,086 | -€3,296 | €41,019 | -€19,148 | -€7,697 | ▲ 59.8% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as RENO CONSTRUCT SOLUTIONS has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of RENO CONSTRUCT SOLUTIONS itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,693 companies, not a prediction for RENO CONSTRUCT SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 28-01-2026 | 2026-00023211 | |
| 30-06-2024 | micro format | 28-01-2025 | 2025-00021998 | |
| 30-06-2023 | micro format | 30-01-2024 | 2024-00018782 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00015575 | |
| 30-06-2021 | micro format | 31-01-2022 | 2022-04000304 | |
| 30-06-2020 | micro format | 29-01-2021 | 2021-03500391 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-03900153 | |
| 30-06-2018 | micro format | 27-01-2019 | 2019-02700073 | |
| 30-06-2017 | micro format | 20-01-2018 | 2018-02000004 | |
| 30-06-2016 | full format | 15-01-2017 | 2017-01400482 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 08-12-2023 Converted to unavailable equity · €14,260
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MERGEN Sébastien |
|
Network & group
RENO CONSTRUCT SOLUTIONS shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of RENO CONSTRUCT SOLUTIONS. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
08-12
Gazette deed
Registered office moved within Woluwe-Saint-PierreChange of role: MERGEN Sébastien, from manager to director · Legal-form conversion · Capital conversion12 points ▸
- General meeting, 24-10-2023
- Registered-office move, 1150 Woluwe-Saint-Pierre,avenue du Polo 71
- Legal-form conversion, “société à responsabilité limité” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Other provision, “suppression du compte de capitaux propres statutairement indisponible crée en application de l’article 39,§2,deuxième alinéa de la loi du 23-03-2019, rendre c…” (deed in French)
- Amendment of the articles
- Share issue, “apports”, 1000 (deed in French)
- Director resignation, MERGEN Sébastien (manager)
- Director appointment, MERGEN Sébastien (director (not named in the articles))
- Director discharge, MERGEN Sébastien
- Other provision, “assurer dépôt au dossier société, coordination des statuts” (deed in French)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0504.968.835
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21683D0324/00A024 | Brussels | 443 m² | 1 · 134 m² | 12.2 m · 2 |