Financials
- Fiscal year
- 2025
- Total assets
- €48,613
- Loss
- -€3,772
- Solvency
- 46.9%
Total assets▼ 31.9%
Net result
20222025
Renogon
ActiveSummary
The computed 12-month bankruptcy probability of Renogon is 2.2% (moderate). The 2025 annual accounts show equity of €22,782 and a net result of -€3,772. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 50% of 30651 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Plumbing work
NACE 43221
1 site
Size
€48,613total assets 2025
- Equity
- €22,782
- Loss
- -€3,772
Turnover not published (abridged schema)
Structure
Accounts filed 8 d late0 of 2 deeds read
Why 52- Founded in 2022- 1 change of registered office in 24 months- Size: total assets €48,613+ Figures for FY 2025 (filed 08-08-2026)Show the evidence
Checked score
Score 2025
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 36% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
72+10
equity 46.9% of total assets
Liquidity
51-16
short-term debt 25.0% · cash 8.6%
Profitability
59+59
return on assets -7.8%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 2.1%
11-2025: 2.1%● 0.0% vs 10-2025
12-2025: 2.1%● 0.0% vs 11-2025
01-2026: 2.0%▼ -5.2% vs 12-2025
02-2026: 2.0%● 0.0% vs 01-2026
03-2026: 2.0%▼ -0.5% vs 02-2026lowest value
04-2026: 2.3%▲ +16.8% vs 03-2026
05-2026: 2.5%▲ +8.9% vs 04-2026
06-2026: 2.6%▲ +4.5% vs 05-2026
07-2026: 2.6%● 0.0% vs 06-2026
08-2026: 3.8%▲ +44.4% vs 07-2026highest value
09-2026: 2.2%▼ -42.9% vs 08-2026
10-2026: 2.2%● 0.0% vs 09-2026
- Founded in 2022 raises the probability for this profile
- Figures for FY 2025 (filed 08-08-2026) lowers the probability
- 1 change of registered office in 24 months raises the probability
- Size: total assets €48,613 raises the probability for this profile
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.65 in 2024; short-term debt: 25% and cash: 8.6% of total assets), but 53.1% 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 50%, liquidity 46%, profitability 28%, growth against the median 21%. 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
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year -€3,772
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
8 d late
2024
5 d late
2023
9 d late
2022
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 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 August (4 of the last 4 filed years within 30 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 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€14,187
Key points
By topic
Timeline
- Events
- 6
- Since
- 2023
- Next accounts
- by 31-07-2027
- 08-08-2026Annual accounts filed
- 05-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Plumbing workNACE 43221
- Founded
- 14-01-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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