Reno-Levin
ActiveSummary
The computed 12-month bankruptcy probability of Reno-Levin is 2.3% (moderate). The 2024 annual accounts show equity of €95k and a net result of €45k. Equity is growing by ~30.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 7446 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+86
Solvency100=
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 11.52 against 7.28 in 2023; short-term debt: 8.4% and cash: 47.3% of total assets), and 8.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
5 d early
2022
45 d early
2021
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€95k▲ 88.9%
2023 · €50k
2021: €41k
2022: €53k
2023: €50k
2021 → 2024
Total assets
€104k▲ 79.2%
2023 · €58k
2021: €53k
2022: €70k
2023: €58k
2021 → 2024
Net result
€45k
2023 · €-2k
2021: €39k
2022: €12k
2023: €-2k
2021 → 2024
Working capital
€92k▲ 92.9%
2023 · €48k
2021: €38k
2022: €49k
2023: €48k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€41k-€53k▲ 28.1%€50k▼ 4.3%€95k▲ 88.9%
Operating result€48k-€14k▼ 71.2%€-2k€56k
Net result€39k-€12k▼ 70.5%€-2k€45k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €56k after a loss of €2k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €104k
Fixed assets
€3k ▲ 17.5%
Current assets
€101k ▲ 82.2%
Equity and liabilities €104k
Equity
€95k ▲ 88.9%
Debt
€9k ▲ 15.2%
The debt ratio falls from 13.1% to 8.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k▲
2023 · €-1k
Cash flow
€46k▲
2023 · €-1k
Current ratio
11.52▲
2023 · 7.28
Quick ratio
11.42▲
2023 · 7.17
Debt / equity
0.09▼
2023 · 0.15
ROE
47.1%▲
2023 · -4.5%
ROA
43.1%▲
2023 · -3.9%
Interest coverage
52.24▲
2023 · -0.88
Debt ≤ 1 year
€9k▲
2023 · €8k
Income taxes
€13k▲
2023 · €333
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 · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€58k€104k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€55k€101k▲
Stocks and contracts in progress3€860€860=
Stocks30/36€860€860=
Amounts receivable within one year40/41€38k€50k▲
Trade receivables40€2k€6k▲
Other amounts receivable41€36k€44k▲
Cash at bank and in hand54/58€16k€49k▲
Deferred charges and accrued income490/1€105€678▲
Equity and liabilities
Total equity and liabilities10/49€58k€104k▲
Equity10/15€50k€95k▲
Contributions10/11€2k€2k=
Reserves13€48k€93k▲
Distributable reserves133€48k€93k▲
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€4k€141▼
Remuneration and social security454/9€2k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€726€2k▲
Non-recurring operating charges66A-€211
Gross operating margin9900€-518€60k▲
Operating profit (loss)9901€-2k€56k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-2k€57k▲
Income taxes67/77€333€13k▲
Profit (loss) for the period9904€-2k€45k▲
Profit (loss) for the period to be appropriated9905€-2k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€45k▲
Transfer from equity791/2€2k-
Transfer to equity691/2-€45k
To other reserves6921-€45k
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
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-2k ▼120%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Retie · 1 establishment unit since 2021
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.
Geenend 502470 RetieGround area
718 m²
Building footprint
152 m²
Volume, LiDAR
754 m³
Parcel 13036H0696/00F000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Reno-Levin
since 20212.317.157.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036H0696/00F000 | Flanders | 718 m² | 1 · 151 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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LUTEC
BE 0861.366.631
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ELEC 3
BE 0540.863.189
Verlaine · Eq €95k
EDKL
BE 0466.823.782
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NIVABU
BE 0801.844.758
Londerzeel · Eq €95k
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2021
Fiscal year end31-12
Trade name EN
Hydro Block
Activities, NACEBEL
43211General electrical installation work
43221Plumbing work
43320Joinery installation
43331Floor and wall tiling
43350Other building finishing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.