Reno Ringo
ActiveSummary
Reno Ringo has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,707 and a net result of -€110. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 66% of 28281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+16
Solvency86▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.78 against 3.1 in 2024; short-term debt: 35.9% of total assets), and 38.6% of the assets are financed with debt.
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Signals
Six 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · 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
61.4%
Return on assets
-0.1%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€110
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
34 d early
2023
33 d early
2022
25 d early
2021
16 d late
2020
20 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 5 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€67,707▼ 0.2%
2024 · €67,817
Total assets
€110,189▲ 10.2%
2024 · €99,967
Net result
-€110▲ 99.2%
2024 · -€14,024
Working capital
€70,550▲ 5.7%
2024 · €66,743
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€18,596▼ 32.2%€16,324▼ 12.2%€31,073▲ 90.3%€5,073▼ 83.7%€435▼ 91.4%
Net result€1,245within the sector's middle half▼ 83.0%€3,430within the sector's middle half▲ 176%€14,432within the sector's middle half▲ 321%-€14,024below the sector's middle half-€110below the sector's middle half▲ 99.2%
Equity€63,979within the sector's middle half▲ 2.0%€67,409within the sector's middle half▲ 5.4%€81,841within the sector's middle half▲ 21.4%€67,817within the sector's middle half▼ 17.1%€67,707within the sector's middle half▼ 0.2%
Total assets€121,644within the sector's middle half▲ 42.4%€143,836within the sector's middle half▲ 18.2%€130,591within the sector's middle half▼ 9.2%€99,967within the sector's middle half▼ 23.5%€110,189within the sector's middle half▲ 10.2%
Debt€57,665▲ 154%€76,428▲ 32.5%€48,751▼ 36.2%€32,150▼ 34.1%€42,482▲ 32.1%
Working capital€56,690within the sector's middle half▼ 3.1%€59,030within the sector's middle half▲ 4.1%€75,691within the sector's middle half▲ 28.2%€66,743within the sector's middle half▼ 11.8%€70,550within the sector's middle half▲ 5.7%
Solvency52.6%within the sector's middle half▼ 20.9pp46.9%within the sector's middle half▼ 5.7pp62.7%within the sector's middle half▲ 15.8pp67.8%within the sector's middle half▲ 5.2pp61.4%within the sector's middle half▼ 6.4pp
Current ratio1.98within the sector's middle half▼ 1.601.81within the sector's middle half▼ 0.172.55within the sector's middle half▲ 0.743.10within the sector's middle half▲ 0.542.78within the sector's middle half▼ 0.31
Return on assets (ROA)1.0%within the sector's middle half▼ 7.6pp2.4%within the sector's middle half▲ 1.4pp11.1%within the sector's middle half▲ 8.7pp-14.0%below the sector's middle half▼ 25.1pp-0.1%below the sector's middle half▲ 13.9pp
Staff (FTE)0.4
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 91% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €110,189
Fixed assets
€53 ▼ 96.1%
Current assets
€110,136 ▲ 11.7%
Equity and liabilities €110,189
Equity
€67,707 ▼ 0.2%
Debt
€42,482 ▲ 32.1%
Debt's share of the balance-sheet total rises from 32.2% to 38.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1,757▼
2024 · €9,847
Cash flow
€1,212▲
2024 · -€9,249
Debt to equity
0.63▲
2024 · 0.47
ROE
-0.2%▲
2024 · -20.7%
Interest coverage
0.35▼
2024 · 0.52
Debt ≤ 1 year
€39,586▲
2024 · €31,848
Income taxes
€279▼
2024 · €424
Staff costs
€19,402▲
2024 · €5,223
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,441 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.3%
went bankrupt
7.5%
stopped otherwise
90%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 3,441 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €17,149 | €33,566 | - | €5,223 | €19,402 | ▲ 271% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,214 | €5,357 | €4,831 | €4,774 | €1,322 | ▼ 72.3% |
| Other operating charges640/8 | €3,004 | €2,376 | €2,091 | €723 | €2,591 | ▲ 258% |
| Non-recurring operating charges66A | - | - | €277 | - | - | - |
| Gross operating margin9900 | €40,963 | €57,624 | €38,272 | €15,794 | €23,749 | ▲ 50.4% |
| Operating profit (loss)9901 | €18,596 | €16,324 | €31,073 | €5,073 | €435 | ▼ 91.4% |
| Financial income75/76B | €422 | €985 | €1,116 | €317 | €4,688 | ▲ 1,378% |
| Recurring financial income75 | €422 | €985 | €1,116 | €317 | €4,688 | ▲ 1,378% |
| Financial charges65/66B | €15,916 | €10,844 | €12,373 | €18,990 | €4,954 | ▼ 73.9% |
| Recurring financial charges65 | €15,916 | €10,844 | €12,373 | €18,990 | €4,954 | ▼ 73.9% |
| Profit (loss) for the period before taxes9903 | €3,103 | €6,466 | €19,816 | -€13,600 | €169 | ▲ 101% |
| Income taxes67/77 | €1,858 | €3,036 | €5,384 | €424 | €279 | ▼ 34.2% |
| Profit (loss) for the period9904 | €1,245 | €3,430 | €14,432 | -€14,024 | -€110 | ▲ 99.2% |
| Profit (loss) for the period to be appropriated9905 | €1,245 | €3,430 | €14,432 | -€14,024 | -€110 | ▲ 99.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €121,644 | €143,836 | €130,591 | €99,967 | €110,189 | ▲ 10.2% |
| Fixed assets21/28 | €7,289 | €12,257 | €6,150 | €1,375 | €53 | ▼ 96.1% |
| Tangible fixed assets22/27 | €7,044 | €12,257 | €6,150 | €1,375 | €53 | ▼ 96.1% |
| Plant, machinery and equipment23 | €940 | - | - | - | - | - |
| Furniture and vehicles24 | €5,087 | €11,481 | €5,615 | €1,081 | - | - |
| Other tangible fixed assets26 | €1,017 | €776 | €535 | €294 | €53 | ▼ 81.8% |
| Financial fixed assets28 | €245 | - | - | - | - | - |
| Current assets29/58 | €114,354 | €131,579 | €124,442 | €98,591 | €110,136 | ▲ 11.7% |
| Amounts receivable after more than one year29 | €56,725 | €69,585 | €80,366 | - | - | - |
| Other amounts receivable291 | €56,725 | €69,585 | €80,366 | - | - | - |
| Amounts receivable within one year40/41 | €40,278 | €36,192 | €43,897 | €98,346 | €109,588 | ▲ 11.4% |
| Trade receivables40 | €35,676 | €35,491 | €38,540 | €12,481 | €17,694 | ▲ 41.8% |
| Other amounts receivable41 | €4,602 | €701 | €5,357 | €85,865 | €91,894 | ▲ 7.0% |
| Cash at bank and in hand54/58 | €15,841 | €24,846 | - | €142 | - | - |
| Deferred charges and accrued income490/1 | €1,511 | €955 | €178 | €104 | €548 | ▲ 427% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €121,644 | €143,836 | €130,591 | €99,967 | €110,189 | ▲ 10.2% |
| Equity10/15 | €63,979 | €67,409 | €81,841 | €67,817 | €67,707 | ▼ 0.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €57,779 | €61,209 | €75,641 | €61,617 | €61,507 | ▼ 0.2% |
| Distributable reserves133 | €57,779 | €61,209 | €75,641 | €61,617 | €61,507 | ▼ 0.2% |
| Amounts payable17/49 | €57,665 | €76,428 | €48,751 | €32,150 | €42,482 | ▲ 32.1% |
| Amounts payable after more than one year17 | - | €3,879 | - | - | - | - |
| Financial debts170/4 | - | €3,879 | - | - | - | - |
| Amounts payable within one year42/48 | €57,665 | €72,548 | €48,751 | €31,848 | €39,586 | ▲ 24.3% |
| Current portion of amounts payable after more than one year42 | - | €3,518 | €3,879 | - | - | - |
| Financial debts43 | - | - | €10,558 | €980 | €8,716 | ▲ 790% |
| Credit institutions430/8 | - | - | €10,558 | €980 | €8,716 | ▲ 790% |
| Trade debts44 | €48,776 | €60,910 | €19,393 | €16,617 | €28,855 | ▲ 73.7% |
| Suppliers440/4 | €48,776 | €60,910 | €19,393 | €16,617 | €28,855 | ▲ 73.7% |
| Taxes, remuneration and social security45 | €8,889 | €8,121 | €14,920 | €14,252 | €2,015 | ▼ 85.9% |
| Taxes450/3 | €4,943 | €8,121 | €14,920 | €14,252 | €308 | ▼ 97.8% |
| Remuneration and social security454/9 | €3,946 | - | - | - | €1,708 | - |
| Accrued charges and deferred income492/3 | - | - | - | €301 | €2,897 | ▲ 861% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,245 | €3,430 | €14,432 | -€14,024 | -€110 | ▲ 99.2% |
| + Depreciation and write-downs630 | €2,214 | €5,357 | €4,831 | €4,774 | €1,322 | ▼ 72.3% |
| Operating cash flow (approximation) | €3,459 | €8,787 | €19,263 | -€9,249 | €1,212 | ▲ 113% |
| Investment in fixed assets (approximation) | - | -€10,325 | €1,277 | €0 | €0 | - |
| Change in cash | - | €9,006 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€14,024
Net result drops to -€14,024, the lowest in the series; recovery starts the following year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Mouscron · 1 establishment unit since 2018
Ground area
1,139 m²
Building footprint
119 m²
Parcel 54003R1867/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
RENO Ringo
since 20182.275.637.024
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003R1867/00_000 | Wallonia | 1,139 m² | 1 · 119 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,269 companies in sector 43230 we hold annual accounts for 1,241. 1,042 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded14-05-2018
Fiscal year end30-09
Activities, NACEBEL 2025
43230Insulation installation
43990Other specialised construction activities
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0695909573
Also
9925:BE0695909573
Registered
10-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.