RENO PAINTS
RENO PAINTS has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €215k and a net result of €36k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 26% of 108 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
| Equity | €215k |
| Net result | €36k |
| Staff (FTE) | 5.5 |
| Better than sector | 26% |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.5% | 48.6% | |
| Net result | €36k | €42k | |
| Equity | €215k | €516k | |
| Gross operating margin | €398k | €333k | |
| Staff costs | €204k | €303k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €178k | €176k | €198k | €153k |
| Net profit | €36k | €53k | €98k | €55k |
| Cash flow | €125k | €126k | €170k | €127k |
| Staff costs | €204k | €144k | €125k | €127k |
| Income taxes | €18k | €21k | €25k | €14k |
| Dividends | €35k | €40k | €52k | €67k |
| Total assets | €1.10M | €1.02M | €1.06M | €1.06M |
| Equity | €215k | €216k | €205k | €167k |
| Debt | €889k | €807k | €856k | €893k |
| of which ≤ 1y | €689k | €557k | €551k | €534k |
| of which > 1y | €200k | €249k | €305k | €359k |
| Working capital | €-50k | €19k | €15k | €24k |
| Employees (FTE) | 5.5 | 4.5 | 4.6 | 3.5 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.93 | 1.03 | 1.03 | 1.04 |
| Quick ratio | 0.32 | 0.43 | 0.41 | 0.43 |
| Working capital ratio | -4.5% | 1.9% | 1.5% | 2.3% |
| Solvency | 19.5% | 21.1% | 19.3% | 15.7% |
| Debt / equity | 4.13 | 3.73 | 4.18 | 5.36 |
| Long-term debt ratio | 0.93 | 1.15 | 1.49 | 2.15 |
| Interest coverage | 4.80 | 4.77 | 6.91 | 7.27 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 3.2% | 5.2% | 9.2% | 5.2% |
| ROE | 16.6% | 24.6% | 47.7% | 32.9% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (26 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.10M | €1.02M | €1.06M | €1.06M |
| Fixed assets | 21/28 | €464k | €447k | €494k | €502k |
| Intangible fixed assets | 21 | €73k | €25k | €21k | €9k |
| Tangible fixed assets | 22/27 | €386k | €396k | €448k | €467k |
| Financial fixed assets | 28 | €6k | €25k | €25k | €25k |
| Current assets | 29/58 | €640k | €576k | €567k | €558k |
| Stocks & contracts in progress | 3 | €417k | €338k | €339k | €330k |
| Amounts receivable within one year | 40/41 | €136k | €183k | €148k | €137k |
| Cash & bank | 54/58 | €78k | €48k | €69k | €80k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.10M | €1.02M | €1.06M | €1.06M |
| Equity | 10/15 | €215k | €216k | €205k | €167k |
| Contributions / capital | 10/11 | €89k | €89k | €89k | €89k |
| Reserves | 13 | €9k | €9k | €9k | €9k |
| Accumulated profits (losses) | 14 | €114k | €113k | €100k | €54k |
| Amounts payable | 17/49 | €889k | €807k | €856k | €893k |
| Amounts payable after one year | 17 | €200k | €249k | €305k | €359k |
| Amounts payable within one year | 42/48 | €689k | €557k | €551k | €534k |
| Trade debts payable within one year | 44 | €192k | €121k | €93k | €127k |
| Income statement | |||||
| Gross operating margin | 9900 | €398k | €333k | €338k | €295k |
| Operating result | 9901 | €88k | €103k | €125k | €81k |
| Financial income | 75 | €3k | €8k | €27k | €9k |
| Financial charges | 65 | €37k | €37k | €29k | €21k |
| Result before taxes | 9903 | €54k | €74k | €123k | €69k |
| Income taxes | 67/77 | €18k | €21k | €25k | €14k |
| Net result for the period | 9904 | €36k | €53k | €98k | €55k |
| Result to be appropriated | 9905 | €36k | €53k | €98k | €55k |
| NACE primary | Manufacture of chemicals and chemical products(20300) |
| Legal form | Private limited company(610) |
| Incorporation | 26-01-1982 |
| Status | Active |
| Postal code | 5590 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030B0213/00V002indicative | Wallonia | 14.0 ha | 1 · 2.1 ha | - |
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-10-2025 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "fusion_share_issue",
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"share_emission": {
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"issue_price_per_share_eur": null
},
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"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Quentin DELWART",
"firm_city": null,
"firm_name": null,
"office_city": "Havelange",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-10-02",
"filing_date": "2025-07-28",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2025-09-16",
"unanimous": true,
"under_authorized_capital": false,
"underlying_resolution_date": "2025-09-16"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0422.299.495",
"name_full": "RENO PAINTS",
"legal_form": "SRL",
"is_foreign_registered": false
},
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},
"co_filed_documents": [
"expedition"
],
"shareholders_after": [],
"share_classes_after": []
}04-08-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-08-04",
"filing_date": "2025-06-30",
"act_kind_objet": "Projet de Fusion"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-06-30",
"unanimous": true
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0422.299.495",
"name": "RENO PAINTS SRL",
"role": "acquiring",
"address": "All\u00E9e des Abattoirs, 5 \u00E0 5590 Ciney",
"is_foreign": false,
"legal_form": "SRL",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": "0754.494.704",
"name": "RENO PAINTS ANDENNE SRL",
"role": "absorbed",
"address": "All\u00E9e des Abattoirs, 5 \u00E0 5590 Ciney",
"is_foreign": false,
"legal_form": "SRL",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50"
],
"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "L\u0027ensemble du patrimoine actif et passif de la soci\u00E9t\u00E9 absorb\u00E9e, y compris tous ses droits et engagements, sera transf\u00E9r\u00E9 \u00E0 la soci\u00E9t\u00E9 absorbante.",
"equity_transferred_eur": null,
"accounting_effective_date": "2025-01-01"
},
"subject_company": {
"kbo": "0422.299.495",
"name_full": "RENO PAINTS",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
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},
"summary_narrative": "Les organes d\u0027administration de RENO PAINTS SRL et RENO PAINTS ANDENNE SRL se sont r\u00E9unis le 30 juin 2025 pour d\u00E9cider \u00E0 l\u0027unanimit\u00E9 de proc\u00E9der \u00E0 une fusion par absorption. La soci\u00E9t\u00E9 RENO PAINTS ANDENNE SRL sera absorb\u00E9e par la soci\u00E9t\u00E9 RENO PAINTS SRL, avec un effet comptable au 1er janvier 2025. Cette op\u00E9ration, conforme aux articles 12:7 et 12:50 du Code des Soci\u00E9t\u00E9s et des Associations, est motiv\u00E9e par des besoins financiers et \u00E9conomiques, notamment la consolidation des activit\u00E9s et la simplification de la gestion.",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}15-12-2023 Capital decrease of €98,285 to €0
- €98.285 → €0
Technical details
{
"events": [
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"statutory_unavailable_equity_op": "suppress"
}
],
"notary": {
"name": "Quentin DELWART",
"firm_city": null,
"firm_name": null,
"office_city": "Havelange",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-12-15",
"filing_date": "2023-12-07",
"act_kind_objet": "Adoption de statuts conformes au Code des Soci\u00E9t\u00E9s et des Associations"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2023-11-10",
"unanimous": true,
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"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
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},
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},
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],
"shareholders_after": [],
"share_classes_after": []
}| Legal nameFR | RENO PAINTS |