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Renocon

Active
Private limited companyfounded 20224 yrs activeJan Van Looylaan(Kok) 41, 8670 Koksijde, BelgiumKBO/BCE: BE 0782.718.734
Summary

Renocon has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€18,151) and a net result of -€2,839. Equity is growing by ~148.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 14254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability29▼-70
Solvency19▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 1.85 against 2.42 in 2024; short-term debt: 39.4% and cash: 2.3% of total assets), but equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 2025
Solvency, return and age of the figures
Solvency
-6.2%
Return on assets
-1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€18,151
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
14 d early
2024
42 d early
2023
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 26 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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 9 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Renocon was incorporated on 28 February 2022 as a Private limited company.1 Total assets rose from EUR 172,508 in 2023 to EUR 291,872 in 2025 and headcount from 0.7 to 2.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€18,151▼ 18.5%
2024 · -€15,312
Total assets
€291,872▲ 25.7%
2024 · €232,255
Net result
-€2,839
2024 · €56,910
Working capital
€97,830▼ 5.7%
2024 · €103,741
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate 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
Line202320242025
Operating result-€70,504-€65,430€5,839▼ 91.1%
Net result-€92,222below the sector's middle half-€56,910above the sector's middle half-€2,839within the sector's middle half
Equity-€72,222below the sector's middle half--€15,312below the sector's middle half▲ 78.8%-€18,151below the sector's middle half▼ 18.5%
Total assets€172,508within the sector's middle half-€232,255within the sector's middle half▲ 34.6%€291,872within the sector's middle half▲ 25.7%
Debt€244,730-€247,567▲ 1.2%€310,023▲ 25.2%
Working capital€42,057within the sector's middle half-€103,741within the sector's middle half▲ 147%€97,830within the sector's middle half▼ 5.7%
Solvency-41.9%below the sector's middle half--6.6%below the sector's middle half▲ 35.3pp-6.2%below the sector's middle half▲ 0.4pp
Current ratio1.70within the sector's middle half-2.42within the sector's middle half▲ 0.721.85within the sector's middle half▼ 0.57
Return on assets (ROA)-53.5%below the sector's middle half-24.5%above the sector's middle half▲ 78.0pp-1.0%within the sector's middle half▼ 25.5pp
Staff (FTE)0.7-1▲ 42.9%2.4▲ 140%
above within below the middle half (P25 to P75) of NACE 68, Real estate 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
-€100,000-€50,000€0€50,000Operating result 2023: -€70,504-€70,504Net result 2023: -€92,222-€92,222Operating result 2024: €65,430€65,430Net result 2024: €56,910€56,910Operating result 2025: €5,839€5,839Net result 2025: -€2,839-€2,839202320242025-€100,000-€50,000€0€50,000Operating result 2023: -€70,504-€70,500Net result 2023: -€92,222-€92,200Operating result 2024: €65,430€65,400Net result 2024: €56,910€56,900Operating result 2025: €5,839€5,840Net result 2025: -€2,839-€2,840202320242025
The operating result falls in 2025; 2025 is 91% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €291,872
Fixed assets €78,956 ▲ 41.8%
Current assets €212,915 ▲ 20.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€12,229▼
2024 · €80,329
Cash flow
€3,551▼
2024 · €71,809
Debt to equity
-17.08▼
2024 · -16.17
Interest coverage
1.41▼
2024 · 9.43
Debt ≤ 1 year
€115,085▲
2024 · €72,830
Debt > 1 year
€192,593▲
2024 · €174,403
Staff costs
€155,732▲
2024 · €68,782
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,554 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a small loss
4.1% went bankrupt
3.5% stopped otherwise
91% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,554 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet Code20242025
Assets
Total assets20/58€232,255€291,872▲
Fixed assets21/28€55,684€78,956▲
Tangible fixed assets22/27€50,684€73,956▲
Furniture and vehicles24-€2,799
Leasing and similar rights25€50,684€71,157▲
Financial fixed assets28€5,000€5,000=
Current assets29/58€176,571€212,915▲
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€141,775€203,941▲
Trade receivables40€69,079€94,059▲
Other amounts receivable41€72,695€109,882▲
Cash at bank and in hand54/58€30,141€6,581▼
Deferred charges and accrued income490/1€4,655€2,393▼
Equity and liabilities
Total equity and liabilities10/49€232,255€291,872▲
Equity10/15-€15,312-€18,151▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€35,312-€38,151▼
Amounts payable17/49€247,567€310,023▲
Amounts payable after more than one year17€174,403€192,593▲
Financial debts170/4€174,403€192,593▲
Amounts payable within one year42/48€72,830€115,085▲
Current portion of amounts payable after more than one year42€13,073€10,870▼
Trade debts44€35,473€78,340▲
Suppliers440/4€35,473€78,340▲
Taxes, remuneration and social security45€24,283€25,875▲
Taxes450/3€19,742€1,947▼
Remuneration and social security454/9€4,541€23,928▲
Accrued charges and deferred income492/3€334€2,345▲
Income statement Code20242025
Remuneration, social security and pensions62€68,782€155,732▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,899€6,390▼
Other operating charges640/8€1,531€3,573▲
Non-recurring operating charges66A-€34,491
Gross operating margin9900€150,642€206,024▲
Operating profit (loss)9901€65,430€5,839▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€8,521€8,678▲
Recurring financial charges65€8,521€8,678▲
Profit (loss) for the period before taxes9903€56,910-€2,839▼
Income taxes67/77€0-
Profit (loss) for the period9904€56,910-€2,839▼
Profit (loss) for the period to be appropriated9905€56,910-€2,839▼
Appropriation of the result
Profit (loss) to be appropriated9906-€35,312-€38,151▼
Profit (loss) brought forward from the previous period14P-€92,222-€35,312▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62€50,736€68,782€155,732▲ 126%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,912€14,899€6,390▼ 57.1%
Other operating charges640/8€6,307€1,531€3,573▲ 133%
Non-recurring operating charges66A--€34,491-
Gross operating margin9900-€4,549€150,642€206,024▲ 36.8%
Operating profit (loss)9901-€70,504€65,430€5,839▼ 91.1%
Financial income75/76B€83€0--
Recurring financial income75€83€0--
Financial charges65/66B€21,069€8,521€8,678▲ 1.8%
Recurring financial charges65€21,069€8,521€8,678▲ 1.8%
Profit (loss) for the period before taxes9903-€91,489€56,910-€2,839▼ 105%
Income taxes67/77€732€0--
Profit (loss) for the period9904-€92,222€56,910-€2,839▼ 105%
Profit (loss) for the period to be appropriated9905-€92,222€56,910-€2,839▼ 105%
Line202320242025Change
Assets
Total assets20/58€172,508€232,255€291,872▲ 25.7%
Fixed assets21/28€70,584€55,684€78,956▲ 41.8%
Tangible fixed assets22/27€65,584€50,684€73,956▲ 45.9%
Furniture and vehicles24--€2,799-
Leasing and similar rights25€65,584€50,684€71,157▲ 40.4%
Financial fixed assets28€5,000€5,000€5,000=
Current assets29/58€101,924€176,571€212,915▲ 20.6%
Stocks and contracts in progress3€12,852€0--
Contracts in progress37€12,852€0--
Amounts receivable within one year40/41€61,985€141,775€203,941▲ 43.8%
Trade receivables40€17,634€69,079€94,059▲ 36.2%
Other amounts receivable41€44,351€72,695€109,882▲ 51.2%
Cash at bank and in hand54/58€21,255€30,141€6,581▼ 78.2%
Deferred charges and accrued income490/1€5,832€4,655€2,393▼ 48.6%
Equity and liabilities
Total equity and liabilities10/49€172,508€232,255€291,872▲ 25.7%
Equity10/15-€72,222-€15,312-€18,151▼ 18.5%
Contributions10/11€20,000€20,000€20,000=
Profit (loss) carried forward14-€92,222-€35,312-€38,151▼ 8.0%
Amounts payable17/49€244,730€247,567€310,023▲ 25.2%
Amounts payable after more than one year17€184,862€174,403€192,593▲ 10.4%
Financial debts170/4€184,862€174,403€192,593▲ 10.4%
Amounts payable within one year42/48€59,868€72,830€115,085▲ 58.0%
Current portion of amounts payable after more than one year42€10,458€13,073€10,870▼ 16.9%
Trade debts44€39,592€35,473€78,340▲ 121%
Suppliers440/4€39,592€35,473€78,340▲ 121%
Taxes, remuneration and social security45€9,818€24,283€25,875▲ 6.6%
Taxes450/3€6,372€19,742€1,947▼ 90.1%
Remuneration and social security454/9€3,445€4,541€23,928▲ 427%
Accrued charges and deferred income492/3-€334€2,345▲ 602%
Line202320242025Change
Profit (loss) for the period9904-€92,222€56,910-€2,839▼ 105%
+ Depreciation and write-downs630€8,912€14,899€6,390▼ 57.1%
Operating cash flow (approximation)-€83,309€71,809€3,551▼ 95.1%
Investment in fixed assets (approximation)-€0-€29,662-
Change in cash-€8,886-€23,560▼ 365%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €56,910
Net result €56,910 after one loss-making year.
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Koksijde · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
2,346 m²
Building footprint
386 m²
Volume, LiDAR
2,377 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Renocon
Oostendelaan(Kok) 4, 8670 KoksijdeReal estate development
since 20222.328.400.371
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38343A0716/00S006 Flanders 1,521 m² 1 · 171 m² 3.1 m
38014D0192/00B000 Flanders 825 m² 1 · 215 m² 13.1 m · 3 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of Renocon and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,699 companies in sector 68121 we hold annual accounts for 7,394. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
43990Other specialised construction activities
68110Buying and selling of own real estate
E-invoicing
Reachable via Peppol
Peppol ID 0208:0782718734
Also 9925:BE0782718734
Registered 10-12-2025

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.