Financials
- Fiscal year
- 2025
- Total assets
- €399,302
- Profit
- €501,234
- Solvency
- 90.0%
Total assets▼ 64.9%
Net result
20182025
RENODAK SYSTEMS
ActiveSummary
RENODAK SYSTEMS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359,493 and a net result of €501,234. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 2204 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Roofing work
NACE 43410Bricklaying and masonry work NACE 43910NACE 45220
1 site
Size
€399,302total assets 2025
- Equity
- €359,493
- Profit
- €501,234
Structure
- Parent
- IMMO SV · 100%
Accounts 1 d early0 of 4 deeds read
Why 89- 1 change of registered office in 24 months- 2 of the last 3 late+ Liquidity: current ratio 9.66, cash €130,808+ Equity €359,493 (90.0% of total assets)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Better than 70% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100+20
equity 90.0% of total assets
Liquidity
91+42
short-term debt 10.0% · cash 32.8%
Profitability
100+100
return on assets 125.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 15 months
08-2025: 1.2%
09-2025: 1.2%▼ -0.9% vs 08-2025
10-2025: 1.5%▲ +26.9% vs 09-2025
11-2025: 3.1%▲ +106% vs 10-2025
12-2025: 3.1%● 0.0% vs 11-2025
01-2026: 3.0%▼ -0.5% vs 12-2025
02-2026: 3.0%● 0.0% vs 01-2026
03-2026: 3.0%▼ -1.0% vs 02-2026
04-2026: 3.1%▲ +3.3% vs 03-2026highest value
05-2026: 3.0%▼ -5.0% vs 04-2026
06-2026: 2.6%▼ -11.5% vs 05-2026
07-2026: 2.6%▼ -2.3% vs 06-2026
08-2026: 0.3%▼ -90.2% vs 07-2026lowest value
09-2026: 0.3%● 0.0% vs 08-2026lowest value
10-2026: 0.3%● 0.0% vs 09-2026lowest value
- Liquidity: current ratio 9.66, cash €130,808 lowers the probability
- 1 change of registered office in 24 months raises the probability
- 2 of the last 3 late raises the probability
- Equity €359,493 (90.0% of total assets) lowers the probability
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 9.66 against 1.65 in 2024; short-term debt: 10% and cash: 32.8% of total assets), and 10% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 90%, liquidity 88%, profitability 93%, growth against the median 10%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
61 d late
2023
176 d late
2022
70 d late
2021
75 d late
2020
59 d late
2019
119 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 80 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 9 October (4 of the last 5 filed years within 71 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Back to profitnet €501,234
- Liquidity times 6current ratio 9.66
Key points
By topic
Board & ownership
- Parent
- IMMO SV · 100%
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-07-2026Annual accounts filed
- 31-12-2025Back to profit
- 31-12-2025Liquidity times 6
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Roofing workNACE 43410
- Founded
- 28-03-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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