RENOREX
ActiveSummary
The computed 12-month bankruptcy probability of RENOREX is 1.7% (moderate). The 2025 annual accounts show equity of €315,196 and a net result of €67,092. Equity is growing by ~29% per year across the filed fiscal years. Its solvency ranks better than 70% of 28184 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability86=
Solvency91▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 3.06 against 2.33 in 2024; short-term debt: 29.6% and cash: 82.6% of total assets), and 34.1% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
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 · 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
65.9%
Return on assets
14%
Age of the figures
9 mo
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
3 d early
2023
51 d late
2022
30 d late
2021
22 d late
2020
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€393,815
EBIT margin
22.1%
Net result
€67,092▲ 14.1%
2024 · €58,817
Working capital
€292,033▲ 29.0%
2024 · €226,390
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
Operating result€45,875▼ 47.2%€49,059▲ 6.9%€38,283▼ 22.0%€82,076▲ 114%€65,975▼ 19.6%
Net result€35,821above the sector's middle half▼ 47.1%€37,950above the sector's middle half▲ 5.9%€27,850within the sector's middle half▼ 26.6%€58,817above the sector's middle half▲ 111%€67,092above the sector's middle half▲ 14.1%
EBIT margin
Equity€123,487above the sector's middle half▲ 40.9%€161,437above the sector's middle half▲ 30.7%€189,287above the sector's middle half▲ 17.3%€248,103above the sector's middle half▲ 31.1%€315,196above the sector's middle half▲ 27.0%
Total assets€271,079within the sector's middle half▲ 41.6%€349,927above the sector's middle half▲ 29.1%€358,975above the sector's middle half▲ 2.6%€418,380above the sector's middle half▲ 16.5%€478,455above the sector's middle half▲ 14.4%
Debt€147,592▲ 42.3%€188,490▲ 27.7%€169,689▼ 10.0%€170,276▲ 0.3%€163,259▼ 4.1%
Working capital€86,820▲ 75.7%€122,992▲ 41.7%€159,864▲ 30.0%€226,390▲ 41.6%€292,033▲ 29.0%
Solvency45.6%within the sector's middle half▼ 0.2pp46.1%within the sector's middle half▲ 0.6pp52.7%within the sector's middle half▲ 6.6pp59.3%within the sector's middle half▲ 6.6pp65.9%within the sector's middle half▲ 6.6pp
Staff (FTE)0.50.4▼ 20.0%
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 falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €478,455
Fixed assets
€44,788 ▲ 106%
Current assets
€433,666 ▲ 9.3%
Equity and liabilities €478,455
Equity
€315,196 ▲ 27.0%
Debt
€163,259 ▼ 4.1%
Debt's share of the balance-sheet total falls from 40.7% to 34.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76,225▼
2024 · €95,971
Cash flow
€77,343▲
2024 · €72,711
Current ratio
3.06▲
2024 · 2.33
Quick ratio
3.05▲
2024 · 2.32
Debt to equity
0.52▼
2024 · 0.69
ROE
21.3%▼
2024 · 23.7%
ROA
14.0%▼
2024 · 14.1%
Interest coverage
171.57▲
2024 · 142.00
Debt ≤ 1 year
€141,634▼
2024 · €170,261
Income taxes
€25,304▲
2024 · €25,285
Staff costs
€159▼
2024 · €13,184
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% | 1.6% |
| 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 74% 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 6,776 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €65,482 | €69,025 | - | - | - |
| Remuneration, social security and pensions62 | - | €1,369 | €13,308 | €13,184 | €159 | ▼ 98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,927 | €12,426 | €14,911 | €13,895 | €10,250 | ▼ 26.2% |
| Other operating charges640/8 | €1,831 | €2,628 | €2,523 | €7,390 | €4,169 | ▼ 43.6% |
| Gross operating margin9900 | €58,633 | €65,482 | €69,025 | €116,545 | €80,553 | ▼ 30.9% |
| Operating profit (loss)9901 | €45,875 | €49,059 | €38,283 | €82,076 | €65,975 | ▼ 19.6% |
| Financial income75/76B | €2 | €657 | €21 | €2,701 | €26,866 | ▲ 895% |
| Recurring financial income75 | €2 | €657 | €21 | €14 | €6 | ▼ 55.6% |
| Non-recurring financial income76B | - | - | - | €2,687 | €26,860 | ▲ 900% |
| Financial charges65/66B | €305 | €780 | €884 | €676 | €444 | ▼ 34.3% |
| Recurring financial charges65 | €305 | €780 | €884 | €676 | €444 | ▼ 34.3% |
| Profit (loss) for the period before taxes9903 | €45,571 | €48,936 | €37,419 | €84,102 | €92,397 | ▲ 9.9% |
| Income taxes67/77 | €9,751 | €10,986 | €9,569 | €25,285 | €25,304 | ▲ 0.1% |
| Profit (loss) for the period9904 | €35,821 | €37,950 | €27,850 | €58,817 | €67,092 | ▲ 14.1% |
| Profit (loss) for the period to be appropriated9905 | €35,821 | €37,950 | €27,850 | €58,817 | €67,092 | ▲ 14.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €271,079 | €349,927 | €358,975 | €418,380 | €478,455 | ▲ 14.4% |
| Fixed assets21/28 | €43,646 | €49,478 | €34,567 | €21,729 | €44,788 | ▲ 106% |
| Tangible fixed assets22/27 | €43,646 | €49,478 | €34,567 | €21,729 | €42,238 | ▲ 94.4% |
| Plant, machinery and equipment23 | €13,849 | €14,532 | €12,871 | €12,116 | €11,225 | ▼ 7.4% |
| Furniture and vehicles24 | €29,797 | €34,946 | €21,696 | €9,613 | €31,013 | ▲ 223% |
| Financial fixed assets28 | - | - | - | - | €2,550 | - |
| Current assets29/58 | €227,433 | €300,449 | €324,409 | €396,651 | €433,666 | ▲ 9.3% |
| Stocks and contracts in progress3 | - | €8,159 | €4,359 | €2,241 | €1,997 | ▼ 10.9% |
| Stocks30/36 | - | €8,159 | €4,359 | €2,241 | €1,997 | ▼ 10.9% |
| Amounts receivable within one year40/41 | €23,623 | €62,298 | €8,025 | €13,804 | €36,375 | ▲ 164% |
| Trade receivables40 | €19,152 | €59,671 | €1,747 | €5,942 | €29,407 | ▲ 395% |
| Other amounts receivable41 | €4,471 | €2,627 | €6,278 | €7,862 | €6,968 | ▼ 11.4% |
| Cash at bank and in hand54/58 | €203,810 | €220,172 | €312,026 | €380,606 | €395,293 | ▲ 3.9% |
| Deferred charges and accrued income490/1 | - | €9,821 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €271,079 | €349,927 | €358,975 | €418,380 | €478,455 | ▲ 14.4% |
| Equity10/15 | €123,487 | €161,437 | €189,287 | €248,103 | €315,196 | ▲ 27.0% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €103,487 | €141,437 | €169,287 | €228,103 | €295,196 | ▲ 29.4% |
| Amounts payable17/49 | €147,592 | €188,490 | €169,689 | €170,276 | €163,259 | ▼ 4.1% |
| Amounts payable after more than one year17 | €6,980 | €11,033 | €5,144 | - | - | - |
| Financial debts170/4 | €6,980 | €11,033 | €5,144 | - | - | - |
| Amounts payable within one year42/48 | €140,612 | €177,457 | €164,545 | €170,261 | €141,634 | ▼ 16.8% |
| Current portion of amounts payable after more than one year42 | €2,423 | €5,686 | €5,889 | €5,144 | - | - |
| Trade debts44 | €20,740 | €17,287 | €44,012 | €25,798 | €24,126 | ▼ 6.5% |
| Suppliers440/4 | €20,740 | €17,287 | €44,012 | €25,798 | €24,126 | ▼ 6.5% |
| Taxes, remuneration and social security45 | €42,861 | €49,884 | €47,640 | €50,371 | €61,176 | ▲ 21.4% |
| Taxes450/3 | €31,211 | €20,737 | €22,544 | €36,846 | €51,813 | ▲ 40.6% |
| Remuneration and social security454/9 | €11,650 | €29,147 | €25,096 | €13,525 | €9,363 | ▼ 30.8% |
| Other amounts payable47/48 | €74,588 | €104,601 | €67,004 | €88,948 | €56,332 | ▼ 36.7% |
| Accrued charges and deferred income492/3 | - | - | - | €16 | €21,625 | ▲ 139,415% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,821 | €37,950 | €27,850 | €58,817 | €67,092 | ▲ 14.1% |
| + Depreciation and write-downs630 | €10,927 | €12,426 | €14,911 | €13,895 | €10,250 | ▼ 26.2% |
| Operating cash flow (approximation) | €46,748 | €50,377 | €42,761 | €72,711 | €77,343 | ▲ 6.4% |
| Investment in fixed assets (approximation) | - | -€18,258 | €0 | -€1,057 | -€33,309 | ▼ 3,051% |
| Change in cash | - | €16,362 | €91,854 | €68,580 | €14,688 | ▼ 78.6% |
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €248,103 ▲31.1%
5 profitable years in a row build equity to €248,103.
20-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 51 days late
2023
31-12
Financial
Weakest financial yearnet €27,850 ▼26.6%
Net result drops to €27,850, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €150,000Eq €161,437 ▲30.7%
3 profitable years in a row build equity to €161,437.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Equity above €100,000Eq €123,487 ▲40.9%
2 profitable years in a row build equity to €123,487.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2019
Ground area
7,017 m²
Building footprint
194 m²
Volume, LiDAR
810 m³
2 parcels, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
RENOREX
since 20192.295.230.628
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71352D0959/00A000 | Flanders | 6,143 m² | - | - |
| 71018A0302/00Y000 | Flanders | 874 m² | 1 · 194 m² | 9.7 m · 1 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 20,025 companies in sector 43320 we hold annual accounts for 9,138. 6,803 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
Founded31-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43221Plumbing work
43331Floor and wall tiling
43341Painting of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0737335897
Also
9925:BE0737335897
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.