RENO TECHNICS
ActiveSummary
RENO TECHNICS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €181k and a net result of €-10k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 1330 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability15▼-47
Solvency85▼-9
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 3.09 in 2023; short-term debt: 40.5% and cash: 0.6% of total assets), and 40.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
59.5%
Return on assets
-3.1%
Age of the figures
21 mo
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 02-06-2025, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
70 d early
2022
47 d early
2021
54 d early
2020
37 d early
2019
48 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€181k▼ 22.4%
2023 · €234k
2018: €280khighest in 7 years
2019: €252k▼ -10.0% vs 2018
2020: €240k▼ -4.8% vs 2019
2021: €243k▲ +1.3% vs 2020
2022: €267k▲ +9.7% vs 2021
2023: €234k▼ -12.3% vs 2022
2024: €181k▼ -22.4% vs 2023lowest in 7 years
2018 → 2024
Total assets
€305k▼ 9.7%
2023 · €337k
2018: €483khighest in 7 years
2019: €412k▼ -14.7% vs 2018
2020: €392k▼ -4.7% vs 2019
2021: €358k▼ -8.6% vs 2020
2022: €341k▼ -4.8% vs 2021
2023: €337k▼ -1.1% vs 2022
2024: €305k▼ -9.7% vs 2023lowest in 7 years
2018 → 2024
Net result
€-10k
2023 · €10k
2018: €20k
2019: €-28k▼ -243% vs 2018lowest in 7 years
2020: €-12k▲ +56.9% vs 2019
2021: €3k▲ +126% vs 2020
2022: €24k▲ +644% vs 2021highest in 7 years
2023: €10k▼ -57.9% vs 2022
2024: €-10k▼ -197% vs 2023
2018 → 2024
Working capital
€167k▼ 22.8%
2023 · €217k
2018: €266khighest in 7 years
2019: €233k▼ -12.4% vs 2018
2020: €226k▼ -3.1% vs 2019
2021: €234k▲ +3.6% vs 2020
2022: €249k▲ +6.5% vs 2021
2023: €217k▼ -13.0% vs 2022
2024: €167k▼ -22.8% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€240k-€243k▲ 1.3%€267k▲ 9.7%€234k▼ 12.3%€181k▼ 22.4%
2020: €240k
2021: €243k▲ +1.3% vs 2020
2022: €267k▲ +9.7% vs 2021highest in 5 years
2023: €234k▼ -12.3% vs 2022
2024: €181k▼ -22.4% vs 2023lowest in 5 years
Operating result€-4k-€3k€30k▲ 759%€13k▼ 55.3%€-6k
2020: €-4k
2021: €3k▲ +177% vs 2020
2022: €30k▲ +759% vs 2021highest in 5 years
2023: €13k▼ -55.3% vs 2022
2024: €-6k▼ -142% vs 2023lowest in 5 years
Net result€-12k-€3k€24k▲ 644%€10k▼ 57.9%€-10k
2020: €-12klowest in 5 years
2021: €3k▲ +126% vs 2020
2022: €24k▲ +644% vs 2021highest in 5 years
2023: €10k▼ -57.9% vs 2022
2024: €-10k▼ -197% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6k after €13k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €305k
Fixed assets
€14k ▼ 17.8%
Current assets
€291k ▼ 9.3%
Equity and liabilities €305k
Equity
€181k ▼ 22.4%
Debt
€123k ▲ 19.0%
Debt's share of the balance-sheet total rises from 30.7% to 40.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-3k▼
2023 · €16k
Cash flow
€-7k▼
2023 · €13k
Current ratio
2.36▼
2023 · 3.09
Quick ratio
2.07▼
2023 · 2.71
Debt to equity
0.68▲
2023 · 0.44
ROE
-5.3%▼
2023 · 4.2%
ROA
-3.1%▼
2023 · 2.9%
Interest coverage
-0.64▼
2023 · 4.70
Debt ≤ 1 year
€123k▲
2023 · €104k
Income taxes
€102▲
2023 · €71
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€337k€305k▼
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€10k€7k▼
Plant, machinery and equipment23€9k€6k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€7k€7k=
Current assets29/58€321k€291k▼
Amounts receivable after more than one year29€15k-
Other amounts receivable291€15k-
Stocks and contracts in progress3€40k€35k▼
Stocks30/36€19k€33k▲
Contracts in progress37€21k€2k▼
Amounts receivable within one year40/41€246k€254k▲
Trade receivables40€207k€217k▲
Other amounts receivable41€39k€37k▼
Cash at bank and in hand54/58€20k€2k▼
Equity and liabilities
Total equity and liabilities10/49€337k€305k▼
Equity10/15€234k€181k▼
Contributions10/11€21k€21k=
Outside capital11€21k€21k=
Other1109/19€21k€21k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€211k€159k▼
Amounts payable17/49€104k€123k▲
Amounts payable within one year42/48€104k€123k▲
Financial debts43€50k€50k=
Credit institutions430/8€50k€50k=
Trade debts44€11k€16k▲
Suppliers440/4€11k€16k▲
Taxes, remuneration and social security45€210€2k▲
Taxes450/3€210€174▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€43k€55k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€15k€1k▼
Gross operating margin9900€31k€-1k▼
Operating profit (loss)9901€13k€-6k▼
Financial income75/76B€181€28▼
Recurring financial income75€181€28▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€10k€-9k▼
Income taxes67/77€71€102▲
Profit (loss) for the period9904€10k€-10k▼
Profit (loss) for the period to be appropriated9905€10k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€254k€202k▼
Profit (loss) brought forward from the previous period14P€244k€211k▼
Profit to be distributed694/7€43k€43k=
Return on contributions (dividend)694€43k€43k=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €2k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €3k | €3k | €3k | ▲ 15.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €-34k | - | - | - |
| Other operating charges640/8 | - | €3k | €55k | €15k | €1k | ▼ 92.2% |
| Gross operating margin9900 | €36k | €14k | €53k | €31k | €-1k | ▼ 104% |
| Operating profit (loss)9901 | €-4k | €3k | €30k | €13k | €-6k | ▼ 142% |
| Financial income75/76B | - | €5k | €1k | €181 | €28 | ▼ 84.7% |
| Recurring financial income75 | €154 | €5k | €1k | €181 | €28 | ▼ 84.7% |
| Financial charges65/66B | - | €5k | €7k | €3k | €4k | ▲ 18.2% |
| Recurring financial charges65 | €8k | €5k | €7k | €3k | €4k | ▲ 18.2% |
| Profit (loss) for the period before taxes9903 | €-12k | €3k | €24k | €10k | €-9k | ▼ 195% |
| Income taxes67/77 | €126 | €304 | €138 | €71 | €102 | ▲ 43.7% |
| Profit (loss) for the period9904 | €-12k | €3k | €24k | €10k | €-10k | ▼ 197% |
| Profit (loss) for the period to be appropriated9905 | €-12k | €3k | €24k | €10k | €-10k | ▼ 197% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €392k | €358k | €341k | €337k | €305k | ▼ 9.7% |
| Fixed assets21/28 | €14k | €9k | €17k | €17k | €14k | ▼ 17.8% |
| Tangible fixed assets22/27 | €7k | €2k | €11k | €10k | €7k | ▼ 29.1% |
| Plant, machinery and equipment23 | - | - | €11k | €9k | €6k | ▼ 27.3% |
| Furniture and vehicles24 | - | €2k | - | €2k | €1k | ▼ 38.3% |
| Financial fixed assets28 | €7k | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €378k | €349k | €324k | €321k | €291k | ▼ 9.3% |
| Amounts receivable after more than one year29 | - | - | - | €15k | - | - |
| Other amounts receivable291 | - | - | - | €15k | - | - |
| Stocks and contracts in progress3 | €58k | €70k | €59k | €40k | €35k | ▼ 12.5% |
| Stocks30/36 | - | €58k | €38k | €19k | €33k | ▲ 73.6% |
| Contracts in progress37 | - | €13k | €21k | €21k | €2k | ▼ 92.7% |
| Amounts receivable within one year40/41 | €313k | €277k | €248k | €246k | €254k | ▲ 3.4% |
| Trade receivables40 | - | €237k | €202k | €207k | €217k | ▲ 4.8% |
| Other amounts receivable41 | - | €39k | €46k | €39k | €37k | ▼ 3.7% |
| Cash at bank and in hand54/58 | - | €3k | €17k | €20k | €2k | ▼ 91.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €392k | €358k | €341k | €337k | €305k | ▼ 9.7% |
| Equity10/15 | €240k | €243k | €267k | €234k | €181k | ▼ 22.4% |
| Contributions10/11 | €21k | €21k | €21k | €21k | €21k | = |
| Capital10 | - | €21k | €21k | - | - | - |
| Issued capital100 | - | €21k | €21k | - | - | - |
| Outside capital11 | - | - | - | €21k | €21k | = |
| Other1109/19 | - | - | - | €21k | €21k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €217k | €221k | €244k | €211k | €159k | ▼ 24.8% |
| Amounts payable17/49 | €152k | €115k | €75k | €104k | €123k | ▲ 19.0% |
| Amounts payable within one year42/48 | €152k | €115k | €75k | €104k | €123k | ▲ 19.0% |
| Financial debts43 | - | €50k | €40k | €50k | €50k | = |
| Credit institutions430/8 | - | €50k | €40k | €50k | €50k | = |
| Trade debts44 | €96k | €65k | €34k | €11k | €16k | ▲ 50.3% |
| Suppliers440/4 | - | €65k | €34k | €11k | €16k | ▲ 50.3% |
| Taxes, remuneration and social security45 | - | €264 | €277 | €210 | €2k | ▲ 873% |
| Taxes450/3 | - | €264 | €277 | €210 | €174 | ▼ 17.2% |
| Remuneration and social security454/9 | - | - | - | - | €2k | - |
| Other amounts payable47/48 | - | - | - | €43k | €55k | ▲ 29.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-12k | €3k | €24k | €10k | €-10k | ▼ 197% |
| + Depreciation and write-downs630 | €5k | €5k | €3k | €3k | €3k | ▲ 15.0% |
| Operating cash flow (approximation) | €-7k | €8k | €27k | €13k | €-7k | ▼ 153% |
| Investment in fixed assets (approximation) | - | €0 | €-12k | €-2k | €0 | ▲ 100% |
| Change in cash | - | - | €14k | €3k | €-18k | ▼ 691% |
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
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €24k ▲644%
Net result €24k, the highest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 37 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
14-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Lebbeke · 1 establishment unit since 2006
Ground area
1,703 m²
Building footprint
219 m²
Volume, LiDAR
1,395 m³
2 parcels, Flanders · tallest building 18.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENO TECHNICS
since 20062.157.655.033
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0802/00F000 | Flanders | 1,077 m² | 1 · 112 m² | 7.0 m · 2 fl. |
| 23086E0421/00F000 | Flanders | 626 m² | 1 · 106 m² | 18.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,821 companies in sector 42220 we hold annual accounts for 955. 683 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
Founded06-11-2006
Fiscal year end31-12
Activities, NACEBEL 2025
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
95290Repair and maintenance of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.