RENOFACAD
ActiveSummary
RENOFACAD has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €944k and a net result of €300k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 89% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+22
Solvency100▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 10.12 against 3.7 in 2024; short-term debt: 7.1% and cash: 0.5% of total assets), and 11.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
Sector 68
lower
← 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
88.5%
Return on assets
28.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-03-2026, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
30 d early
2023
16 d late
2022
2 d early
2021
5 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€944k▲ 30.5%
2024 · €723k
2018: €420k
2019: €435k
2020: €451k
2021: €480k
2022: €553k
2023: €650k
2024: €723k
2018 → 2025
Total assets
€1.07M▲ 8.7%
2024 · €982k
2018: €803k
2019: €812k
2020: €784k
2021: €933k
2022: €868k
2023: €959k
2024: €982k
2018 → 2025
Net result
€300k▲ 308%
2024 · €73k
2018: €19k
2019: €15k
2020: €16k
2021: €29k
2022: €72k
2023: €97k
2024: €73k
2018 → 2025
Working capital
€689k▲ 45.5%
2024 · €474k
2018: €122k
2019: €197k
2020: €262k
2021: €300k
2022: €363k
2023: €435k
2024: €474k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€480k-€553k▲ 15.1%€650k▲ 17.6%€723k▲ 11.3%€944k▲ 30.5%
Operating result€35k-€83k▲ 140%€61k▼ 26.8%€102k▲ 67.8%€60k▼ 41.8%
Net result€29k-€72k▲ 148%€97k▲ 34.2%€73k▼ 24.3%€300k▲ 308%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.07M
Fixed assets
€302k ▼ 9.2%
Current assets
€765k ▲ 17.8%
Equity and liabilities €1.07M
Equity
€944k ▲ 30.5%
Provisions
€25k =
Debt
€98k ▼ 58.0%
Debt's share of the balance-sheet total falls from 23.8% to 9.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€110k▼
2024 · €131k
Cash flow
€350k▲
2024 · €102k
Current ratio
10.12▲
2024 · 3.70
Debt to equity
0.10▼
2024 · 0.32
ROE
31.8%▲
2024 · 10.2%
ROA
28.1%▲
2024 · 7.5%
Interest coverage
48.77▲
2024 · 22.11
Debt ≤ 1 year
€76k▼
2024 · €176k
Debt > 1 year
€23k▼
2024 · €53k
Income taxes
€54k▲
2024 · €28k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€982k€1.07M▲
Fixed assets21/28€332k€302k▼
Tangible fixed assets22/27€332k€302k▼
Land and buildings22€154k€146k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€166k€147k▼
Current assets29/58€649k€765k▲
Amounts receivable within one year40/41€23k€21k▼
Trade receivables40€500€21k▲
Other amounts receivable41€22k-
Current investments50/53€617k€738k▲
Cash at bank and in hand54/58€9k€6k▼
Deferred charges and accrued income490/1-€359
Equity and liabilities
Total equity and liabilities10/49€982k€1.07M▲
Equity10/15€723k€944k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€661k€882k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€48k€48k=
Distributable reserves133€606k€826k▲
Provisions and deferred taxes16€25k€25k=
Provisions for liabilities and charges160/5€25k€25k=
Pensions and similar obligations160€25k€25k=
Amounts payable17/49€233k€98k▼
Amounts payable after more than one year17€53k€23k▼
Financial debts170/4€31k-
Other amounts payable178/9€23k€23k=
Amounts payable within one year42/48€176k€76k▼
Current portion of amounts payable after more than one year42€40k€31k▼
Financial debts43-€5k
Credit institutions430/8-€5k
Trade debts44€5k€522▼
Suppliers440/4€5k€522▼
Taxes, remuneration and social security45€12k€32k▲
Taxes450/3€12k€32k▲
Other amounts payable47/48€119k€7k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€50k▲
Other operating charges640/8€10k€2k▼
Gross operating margin9900€141k€112k▼
Operating profit (loss)9901€102k€60k▼
Financial income75/76B€5k€296k▲
Recurring financial income75€5k€296k▲
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€102k€353k▲
Income taxes67/77€28k€54k▲
Profit (loss) for the period9904€73k€300k▲
Profit (loss) for the period to be appropriated9905€73k€300k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€300k▲
Transfer from equity791/2-€79k
Transfer to equity691/2€73k€300k▲
To other reserves6921€73k€300k▲
Profit to be distributed694/7-€79k
Return on contributions (dividend)694-€79k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €300k ▲308%
Net result €300k, the highest in the series.
30-09
Financial
Liquidity triplescurrent ratio 10.12
Current ratio from 3.70 to 10.12; short-term debt falls from €176k to €76k.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €500kEq €553k ▲15.1%
5 profitable years in a row build equity to €553k.
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €15k ▼20.3%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Kortrijk · 1 establishment unit since 1992
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Watermolenstraat(Kor) 73A8500 KortrijkGround area
1,628 m²
Building footprint
1,621 m²
Parcel 34352A0129/00F003, Flanders. Linked by address, not a title deed.
1 establishment unit
RENOFACAD
since 19922.058.941.596
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352A0129/00F003 | Flanders | 1,628 m² | 1 · 1,621 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
De Sutter
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CENTRE D'AFFAIRES LIEGE AVROY
BE 0842.182.209
Liège · Eq €942,911
Immo Groep B&A
BE 0464.965.144
Beerse · Eq €942,767
I.V.B. INVEST
BE 0429.124.436
Brussel · Eq €942,540
TRANSPORT JOCHEMS
BE 0437.102.388
Tielt-Winge · Eq €945,204
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,165 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-07-1992
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
43350Other building finishing work
43990Other specialised construction activities
68201Renting and operating of own or leased residential real estate, excluding social housing
77229Renting and leasing of other personal and household goods
77340Rental and leasing activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.