RENOBEL CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of RENOBEL CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €106k and a net result of €21k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 27965 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-17
Solvency79=
Growth65▼-20
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 1.88 in 2024; short-term debt: 45.7% and cash: 16.8% of total assets), and 45.7% 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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.3%
Return on assets
10.5%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 26-12-2025, 5 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
5 d early
2024
9 d early
2023
4 d late
2022
11 d early
2021
4 d early
2020
42 d late
2019
51 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€424k▼ 7.4%
2024 · €458k
2019: €167klowest in 7 years
2020: €177k▲ +6.1% vs 2019
2021: €360k▲ +103% vs 2020
2022: €269k▼ -25.3% vs 2021
2023: €777k▲ +189% vs 2022highest in 7 years
2024: €458k▼ -41.1% vs 2023
2025: €424k▼ -7.4% vs 2024
2019 → 2025
EBIT margin
7.0%▼ 4.9pp
2024 · 11.8%
2019: 22.9%highest in 7 years
2020: 12.3%▼ -46.3% vs 2019
2021: 13.8%▲ +12.1% vs 2020
2022: 4.9%▼ -64.3% vs 2021
2023: 1.8%▼ -64.4% vs 2022lowest in 7 years
2024: 11.8%▲ +576% vs 2023
2025: 7.0%▼ -41.2% vs 2024
2019 → 2025
Net result
€21k▼ 52.8%
2024 · €44k
2019: €33k
2020: €17k▼ -49.2% vs 2019
2021: €41k▲ +147% vs 2020
2022: €2k▼ -95.5% vs 2021lowest in 7 years
2023: €8k▲ +322% vs 2022
2024: €44k▲ +464% vs 2023highest in 7 years
2025: €21k▼ -52.8% vs 2024
2019 → 2025
Working capital
€84k▲ 12.4%
2024 · €75k
2019: €39klowest in 7 years
2020: €45k▲ +14.2% vs 2019
2021: €66k▲ +46.7% vs 2020
2022: €66k▲ +0.1% vs 2021
2023: €73k▲ +10.7% vs 2022
2024: €75k▲ +2.2% vs 2023
2025: €84k▲ +12.4% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€360k-€269k▼ 25.3%€777k▲ 189%€458k▼ 41.1%€424k▼ 7.4%
2021: €360k
2022: €269k▼ -25.3% vs 2021lowest in 5 years
2023: €777k▲ +189% vs 2022highest in 5 years
2024: €458k▼ -41.1% vs 2023
2025: €424k▼ -7.4% vs 2024
Equity€67k-€69k▲ 2.7%€77k▲ 11.2%€100k▲ 30.6%€106k▲ 5.5%
2021: €67klowest in 5 years
2022: €69k▲ +2.7% vs 2021
2023: €77k▲ +11.2% vs 2022
2024: €100k▲ +30.6% vs 2023
2025: €106k▲ +5.5% vs 2024highest in 5 years
Operating result€50k-€13k▼ 73.3%€14k▲ 2.8%€54k▲ 298%€30k▼ 45.6%
2021: €50k
2022: €13k▼ -73.3% vs 2021lowest in 5 years
2023: €14k▲ +2.8% vs 2022
2024: €54k▲ +298% vs 2023highest in 5 years
2025: €30k▼ -45.6% vs 2024
Net result€41k-€2k▼ 95.5%€8k▲ 322%€44k▲ 464%€21k▼ 52.8%
2021: €41k
2022: €2k▼ -95.5% vs 2021lowest in 5 years
2023: €8k▲ +322% vs 2022
2024: €44k▲ +464% vs 2023highest in 5 years
2025: €21k▼ -52.8% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 46% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €195k
Fixed assets
€22k ▼ 14.4%
Current assets
€173k ▲ 8.3%
Equity and liabilities €195k
Equity
€106k ▲ 5.5%
Debt
€89k ▲ 4.7%
Debt's share of the balance-sheet total falls from 45.9% to 45.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▼
2024 · €61k
Cash flow
€28k▼
2024 · €50k
Current ratio
1.94▲
2024 · 1.88
Debt to equity
0.84▼
2024 · 0.85
ROE
19.4%▼
2024 · 43.4%
ROA
10.5%▼
2024 · 23.5%
Interest coverage
12.56▼
2024 · 20.28
Debt ≤ 1 year
€89k▲
2024 · €85k
Income taxes
€6k▼
2024 · €8k
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 · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€186k€195k▲
Fixed assets21/28€26k€22k▼
Tangible fixed assets22/27€24k€20k▼
Plant, machinery and equipment23€24k€20k▼
Furniture and vehicles24-€330
Financial fixed assets28€1k€2k▲
Current assets29/58€160k€173k▲
Amounts receivable after more than one year29€40k€40k=
Other amounts receivable291€40k€40k=
Amounts receivable within one year40/41€100k€100k▲
Trade receivables40€33k€11k▼
Other amounts receivable41€67k€89k▲
Cash at bank and in hand54/58€20k€33k▲
Equity and liabilities
Total equity and liabilities10/49€186k€195k▲
Equity10/15€100k€106k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€92k€98k▲
Amounts payable17/49€85k€89k▲
Amounts payable within one year42/48€85k€89k▲
Trade debts44€56k€60k▲
Suppliers440/4€42k€33k▼
Bills of exchange payable441€15k€27k▲
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€9k€9k▼
Remuneration and social security454/9-€6k
Other amounts payable47/48€20k€15k▼
Income statement
Code20242025
Turnover70€458k€424k▼
Goods, raw materials, services and sundry goods60/61€395k€359k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€2k€28k▲
Gross operating margin9900€63k€64k▲
Operating profit (loss)9901€54k€30k▼
Financial income75/76B€1k€3k▲
Recurring financial income75€1k€9▼
Non-recurring financial income76B€1k€3k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€3k€3k▼
Non-recurring financial charges66B€889€3k▲
Profit (loss) for the period before taxes9903€52k€26k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€44k€21k▼
Profit (loss) for the period to be appropriated9905€44k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€112k€113k▲
Profit (loss) brought forward from the previous period14P€69k€92k▲
Profit to be distributed694/7€20k€15k▼
Directors or managers695€20k€15k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €360k | €269k | €777k | €458k | €424k | ▼ 7.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €249k | €759k | €395k | €359k | ▼ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €438 | €708 | €6k | €7k | ▲ 12.4% |
| Other operating charges640/8 | - | €6k | €4k | €2k | €28k | ▲ 1,027% |
| Gross operating margin9900 | €51k | €20k | €18k | €63k | €64k | ▲ 2.1% |
| Operating profit (loss)9901 | €50k | €13k | €14k | €54k | €30k | ▼ 45.6% |
| Financial income75/76B | - | - | €774 | €1k | €3k | ▲ 169% |
| Recurring financial income75 | - | - | €774 | €1k | €9 | ▼ 99.2% |
| Non-recurring financial income76B | - | - | €774 | €1k | €3k | ▲ 168% |
| Financial charges65/66B | - | €6k | €3k | €4k | €6k | ▲ 59.5% |
| Recurring financial charges65 | €3k | €6k | €3k | €3k | €3k | ▼ 2.3% |
| Non-recurring financial charges66B | - | - | - | €889 | €3k | ▲ 267% |
| Profit (loss) for the period before taxes9903 | €47k | €7k | €12k | €52k | €26k | ▼ 48.6% |
| Income taxes67/77 | €6k | €6k | €4k | €8k | €6k | ▼ 25.8% |
| Profit (loss) for the period9904 | €41k | €2k | €8k | €44k | €21k | ▼ 52.8% |
| Profit (loss) for the period to be appropriated9905 | €41k | €2k | €8k | €44k | €21k | ▼ 52.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199k | €173k | €166k | €186k | €195k | ▲ 5.1% |
| Fixed assets21/28 | €1k | €3k | €4k | €26k | €22k | ▼ 14.4% |
| Tangible fixed assets22/27 | - | €2k | €2k | €24k | €20k | ▼ 17.3% |
| Land and buildings22 | - | €2k | - | - | - | - |
| Plant, machinery and equipment23 | - | - | €2k | €24k | €20k | ▼ 18.6% |
| Furniture and vehicles24 | - | - | - | - | €330 | - |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €2k | ▲ 35.7% |
| Current assets29/58 | €198k | €170k | €163k | €160k | €173k | ▲ 8.3% |
| Amounts receivable after more than one year29 | - | €40k | €40k | €40k | €40k | = |
| Other amounts receivable291 | - | €40k | €40k | €40k | €40k | = |
| Amounts receivable within one year40/41 | €113k | €110k | €95k | €100k | €100k | ▲ 0.4% |
| Trade receivables40 | - | €53k | €49k | €33k | €11k | ▼ 66.8% |
| Other amounts receivable41 | - | €57k | €46k | €67k | €89k | ▲ 33.5% |
| Cash at bank and in hand54/58 | €45k | €20k | €28k | €20k | €33k | ▲ 64.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199k | €173k | €166k | €186k | €195k | ▲ 5.1% |
| Equity10/15 | €67k | €69k | €77k | €100k | €106k | ▲ 5.5% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €59k | €61k | €69k | €92k | €98k | ▲ 6.0% |
| Amounts payable17/49 | €132k | €104k | €90k | €85k | €89k | ▲ 4.7% |
| Amounts payable within one year42/48 | €132k | €104k | €90k | €85k | €89k | ▲ 4.7% |
| Trade debts44 | €55k | €67k | €85k | €56k | €60k | ▲ 5.7% |
| Suppliers440/4 | - | €48k | €49k | €42k | €33k | ▼ 22.0% |
| Bills of exchange payable441 | - | €19k | €36k | €15k | €27k | ▲ 85.3% |
| Taxes, remuneration and social security45 | - | €36k | €5k | €9k | €15k | ▲ 66.1% |
| Taxes450/3 | - | €12k | €5k | €9k | €9k | ▼ 2.0% |
| Remuneration and social security454/9 | - | €25k | - | - | €6k | - |
| Other amounts payable47/48 | - | - | - | €20k | €15k | ▼ 25.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €2k | €8k | €44k | €21k | ▼ 52.8% |
| + Depreciation and write-downs630 | - | €438 | €708 | €6k | €7k | ▲ 12.4% |
| Operating cash flow (approximation) | €41k | €2k | €8k | €50k | €28k | ▼ 44.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-1k | €-28k | €-3k | ▲ 87.8% |
| Change in cash | - | €-25k | €8k | €-8k | €13k | ▲ 267% |
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
08-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- General meeting, 04-09-2026
- Registered-office move, Place des Barricades 1 boîte 19, 1000 Bruxelles
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial
Highest result since 2019net €44k ▲464%
Operating result €54k, net result €44k, both a record.
31-05
Financial
Equity above €100kEq €100k ▲30.6%
6 profitable years in a row build equity to €100k.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial
Weakest financial yearnet €2k ▼95.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
2021
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
11-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 42 days late
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 51 days late
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
Ground area
531 m²
Building footprint
477 m²
Volume, LiDAR
6,870 m³
2 parcels, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
53
companies at this address
See who is registered here
1 establishment unit
RENOBEL CONSTRUCT
since 20162.258.325.096
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0379/00S000 | Brussels | 429 m² | 1 · 404 m² | 19.4 m · 5 fl. |
| 21463D0395/00G000 | Brussels | 102 m² | 1 · 72 m² | 14.9 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,223 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)
Founded28-10-2016
Fiscal year end31-05
Activities, NACEBEL 2025
43990Other specialised construction activities
81210General cleaning of buildings
81230Other cleaning activities
Scores and ratios are computed by Checked and are not a credit decision.