RENOCOLOR
ActiveSummary
RENOCOLOR has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,192 and a net result of €8,234. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+39
Solvency50▲+18
Growth67▲+33
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.56 in 2024; short-term debt: 68.7% and cash: 20.4% of total assets), and 74.5% of the assets are financed with debt.
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Signals
Five 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 · 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
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
25.5%
Return on assets
17.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
on the day
2023
9 d early
2022
12 d early
2021
22 d late
2020
122 d late
2019
87 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 33 days after 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€194,504▲ 22.5%
2024 · €158,797
EBIT margin
4.6%▲ 18.8pp
2024 · -14.1%
Net result
€8,234
2024 · -€23,732
Working capital
-€5,654▲ 42.0%
2024 · -€9,743
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
Turnover€144,523▼ 17.7%€193,890▲ 34.2%€153,283▼ 20.9%€158,797▲ 3.6%€194,504▲ 22.5%
Operating result-€4,033€11,304-€23,330-€22,451▲ 3.8%€8,976
Net result-€5,351below the sector's middle half€15,051within the sector's middle half-€23,865below the sector's middle half-€23,732below the sector's middle half▲ 0.6%€8,234within the sector's middle half
EBIT margin-2.8%▼ 17.3pp5.8%▲ 8.6pp-15.2%▼ 21.1pp-14.1%▲ 1.1pp4.6%▲ 18.8pp
Equity€36,504within the sector's middle half▼ 12.8%€51,555within the sector's middle half▲ 41.2%€27,690within the sector's middle half▼ 46.3%€3,958below the sector's middle half▼ 85.7%€12,192below the sector's middle half▲ 208%
Total assets€150,139within the sector's middle half▲ 40.1%€150,062within the sector's middle half▼ 0.1%€105,789within the sector's middle half▼ 29.5%€53,141below the sector's middle half▼ 49.8%€47,863below the sector's middle half▼ 9.9%
Debt€113,635▲ 74.1%€98,507▼ 13.3%€78,099▼ 20.7%€49,183▼ 37.0%€35,671▼ 27.5%
Working capital€5,700within the sector's middle half▼ 82.1%€6,685within the sector's middle half▲ 17.3%-€6,103below the sector's middle half-€9,743below the sector's middle half▼ 59.6%-€5,654below the sector's middle half▲ 42.0%
Solvency24.3%within the sector's middle half▼ 14.8pp34.4%within the sector's middle half▲ 10.0pp26.2%within the sector's middle half▼ 8.2pp7.4%below the sector's middle half▼ 18.7pp25.5%within the sector's middle half▲ 18.0pp
Current ratio1.14within the sector's middle half▼ 0.781.20within the sector's middle half▲ 0.060.84below the sector's middle half▼ 0.360.56below the sector's middle half▼ 0.280.83below the sector's middle half▲ 0.27
Return on assets (ROA)-3.6%below the sector's middle half▼ 19.3pp10.0%within the sector's middle half▲ 13.6pp-22.6%below the sector's middle half▼ 32.6pp-44.7%below the sector's middle half▼ 22.1pp17.2%within the sector's middle half▲ 61.9pp
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 returns to profit in 2025: €8,976 after a loss of €22,451 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,863
Fixed assets
€20,615 ▼ 49.3%
Current assets
€27,248 ▲ 118%
Equity and liabilities €47,863
Equity
€12,192 ▲ 208%
Debt
€35,671 ▼ 27.5%
Debt's share of the balance-sheet total falls from 92.6% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33,910▲
2024 · €13,349
Cash flow
€33,168▲
2024 · €12,068
Debt to equity
2.93▼
2024 · 12.43
ROE
67.5%▲
2024 · -599.6%
Interest coverage
45.39▲
2024 · 10.39
Debt ≤ 1 year
€32,902▲
2024 · €22,233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,815 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,815 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 |
|---|---|---|---|---|---|---|
| Turnover70 | €144,523 | €193,890 | €153,283 | €158,797 | €194,504 | ▲ 22.5% |
| Goods, raw materials, services and sundry goods60/61 | €129,216 | €150,913 | €138,993 | €143,536 | €158,528 | ▲ 10.4% |
| Remuneration, social security and pensions62 | - | €63 | €101 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,399 | €29,852 | €35,506 | €35,800 | €24,934 | ▼ 30.4% |
| Other operating charges640/8 | €2,968 | €1,758 | €2,013 | €1,912 | €2,066 | ▲ 8.1% |
| Non-recurring operating charges66A | €973 | - | - | - | - | - |
| Gross operating margin9900 | €15,307 | €42,977 | €14,290 | €15,261 | €35,976 | ▲ 136% |
| Operating profit (loss)9901 | -€4,033 | €11,304 | -€23,330 | -€22,451 | €8,976 | ▲ 140% |
| Financial income75/76B | €1 | €8,923 | €2 | €4 | €5 | ▲ 25.0% |
| Recurring financial income75 | €1 | €39 | €2 | €4 | €5 | ▲ 25.0% |
| Non-recurring financial income76B | - | €8,884 | - | - | - | - |
| Financial charges65/66B | €1,319 | €1,703 | €1,782 | €1,285 | €747 | ▼ 41.9% |
| Recurring financial charges65 | €1,319 | €1,703 | €1,782 | €1,285 | €747 | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | -€5,351 | €18,524 | -€25,110 | -€23,732 | €8,234 | ▲ 135% |
| Income taxes67/77 | - | €3,473 | -€1,245 | - | - | - |
| Profit (loss) for the period9904 | -€5,351 | €15,051 | -€23,865 | -€23,732 | €8,234 | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | -€5,351 | €15,051 | -€23,865 | -€23,732 | €8,234 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,139 | €150,062 | €105,789 | €53,141 | €47,863 | ▼ 9.9% |
| Fixed assets21/28 | €102,280 | €109,457 | €73,951 | €40,651 | €20,615 | ▼ 49.3% |
| Tangible fixed assets22/27 | €101,130 | €108,185 | €72,679 | €39,379 | €19,343 | ▼ 50.9% |
| Plant, machinery and equipment23 | €2,578 | €1,997 | €1,417 | €3,042 | €1,962 | ▼ 35.5% |
| Furniture and vehicles24 | €29,660 | €52,237 | €32,252 | €12,268 | €8,253 | ▼ 32.7% |
| Leasing and similar rights25 | €68,892 | €53,951 | €39,010 | €24,069 | €9,128 | ▼ 62.1% |
| Financial fixed assets28 | €1,150 | €1,272 | €1,272 | €1,272 | €1,272 | = |
| Current assets29/58 | €47,859 | €40,605 | €31,838 | €12,490 | €27,248 | ▲ 118% |
| Amounts receivable within one year40/41 | €36,053 | €16,846 | €15,455 | €7,102 | €9,131 | ▲ 28.6% |
| Trade receivables40 | €18,161 | €3,491 | €5,853 | €3,285 | €7,938 | ▲ 142% |
| Other amounts receivable41 | €17,892 | €13,355 | €9,602 | €3,817 | €1,193 | ▼ 68.7% |
| Cash at bank and in hand54/58 | €9,567 | €21,617 | €15,233 | €4,254 | €9,764 | ▲ 130% |
| Deferred charges and accrued income490/1 | €2,239 | €2,142 | €1,150 | €1,134 | €8,353 | ▲ 637% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,139 | €150,062 | €105,789 | €53,141 | €47,863 | ▼ 9.9% |
| Equity10/15 | €36,504 | €51,555 | €27,690 | €3,958 | €12,192 | ▲ 208% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €28,444 | €43,495 | €19,630 | -€4,102 | €4,132 | ▲ 201% |
| Amounts payable17/49 | €113,635 | €98,507 | €78,099 | €49,183 | €35,671 | ▼ 27.5% |
| Amounts payable after more than one year17 | €71,476 | €64,587 | €39,810 | €24,181 | - | - |
| Financial debts170/4 | €71,476 | €64,587 | €39,810 | €24,181 | - | - |
| Amounts payable within one year42/48 | €42,159 | €33,920 | €37,941 | €22,233 | €32,902 | ▲ 48.0% |
| Current portion of amounts payable after more than one year42 | €17,488 | €24,252 | €24,777 | €15,628 | €24,181 | ▲ 54.7% |
| Trade debts44 | €16,266 | €3,264 | €6,240 | €3,966 | €4,347 | ▲ 9.6% |
| Suppliers440/4 | €16,266 | €3,264 | €6,240 | €3,966 | €4,347 | ▲ 9.6% |
| Advances received on contracts in progress46 | - | - | €750 | €1,289 | €706 | ▼ 45.2% |
| Taxes, remuneration and social security45 | €8,405 | €6,404 | €6,174 | €1,350 | €2,685 | ▲ 98.9% |
| Taxes450/3 | €8,405 | €6,404 | €6,174 | €1,350 | €2,685 | ▲ 98.9% |
| Other amounts payable47/48 | - | - | - | - | €983 | - |
| Accrued charges and deferred income492/3 | - | - | €348 | €2,769 | €2,769 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,351 | €15,051 | -€23,865 | -€23,732 | €8,234 | ▲ 135% |
| + Depreciation and write-downs630 | €15,399 | €29,852 | €35,506 | €35,800 | €24,934 | ▼ 30.4% |
| Operating cash flow (approximation) | €10,048 | €44,903 | €11,641 | €12,068 | €33,168 | ▲ 175% |
| Investment in fixed assets (approximation) | - | -€37,029 | €0 | -€2,500 | -€4,898 | ▼ 95.9% |
| Change in cash | - | €12,050 | -€6,384 | -€10,979 | €5,510 | ▲ 150% |
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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Back to profitnet €8,234
Net result €8,234 after 2 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€23,865
Net result drops to -€23,865, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15,051
Net result €15,051 after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Back to profitnet €19,863
Net result €19,863 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
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, Braine-le-Comte · 1 establishment unit since 2002
Ground area
1,679 m²
Building footprint
625 m²
Volume, LiDAR
7,701 m³
2 parcels, Brussels, Wallonia · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RENOCOLOR SPRL
since 20022.094.557.028
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55302B0370/00F000 | Wallonia | 934 m² | 1 · 136 m² | - |
| 21819B0095/00K007 | Brussels | 745 m² | 1 · 489 m² | 19.6 m · 5 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 7,868 companies in sector 43341 we hold annual accounts for 2,665. 1,772 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
Founded22-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475909714
Registered
12-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.