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RenoTrust

Active
Private limited companyfounded 2025active for 1 yearTer Weide 3, 9850 Deinze, BelgiumKBO/BCE: BE 1018.982.822
Summary

RenoTrust has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,364 and a net result of €20,364. Its solvency ranks better than 42% of 34,678 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

Equity
€25,364
Total assets
€64,264
Net result
€20,364
Working capital
€36,772

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €64,264
Fixed assets €8,736
Current assets €55,528
Equity and liabilities €64,264
Equity €25,364
Debt €38,901
Debt finances 60.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€29,852
Cash flow
€22,742
Current ratio
2.96
Quick ratio
2.86
Debt to equity
1.53
ROE
80.3%
ROA
31.7%
Interest coverage
over 100
Debt ≤ 1 year
€18,756
Debt > 1 year
€20,144
Income taxes
€7,036

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 11,280 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 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€64,264
Fixed assets21/28€8,736
Tangible fixed assets22/27€8,736
Plant, machinery and equipment23€1,173
Furniture and vehicles24€7,563
Current assets29/58€55,528
Stocks and contracts in progress3€1,821
Stocks30/36€1,821
Amounts receivable within one year40/41€32,366
Trade receivables40€30,012
Other amounts receivable41€2,354
Cash at bank and in hand54/58€20,429
Deferred charges and accrued income490/1€913
Equity and liabilities
Total equity and liabilities10/49€64,264
Equity10/15€25,364
Contributions10/11€5,000
Reserves13€20,364
Distributable reserves133€20,364
Amounts payable17/49€38,901
Amounts payable after more than one year17€20,144
Financial debts170/4€20,144
Amounts payable within one year42/48€18,756
Current portion of amounts payable after more than one year42€4,720
Trade debts44€2,749
Suppliers440/4€2,749
Other amounts payable47/48€11,288
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,378
Other operating charges640/8€780
Gross operating margin9900€30,632
Operating profit (loss)9901€27,474
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€81
Recurring financial charges65€81
Profit (loss) for the period before taxes9903€27,399
Income taxes67/77€7,036
Profit (loss) for the period9904€20,364
Profit (loss) for the period to be appropriated9905€20,364
Appropriation of the result
Profit (loss) to be appropriated9906€20,364
Transfer to equity691/2€20,364
To other reserves6921€20,364

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,378
Other operating charges640/8€780
Gross operating margin9900€30,632
Operating profit (loss)9901€27,474
Financial income75/76B€6
Recurring financial income75€6
Financial charges65/66B€81
Recurring financial charges65€81
Profit (loss) for the period before taxes9903€27,399
Income taxes67/77€7,036
Profit (loss) for the period9904€20,364
Profit (loss) for the period to be appropriated9905€20,364
Line2025
Assets
Total assets20/58€64,264
Fixed assets21/28€8,736
Tangible fixed assets22/27€8,736
Plant, machinery and equipment23€1,173
Furniture and vehicles24€7,563
Current assets29/58€55,528
Stocks and contracts in progress3€1,821
Stocks30/36€1,821
Amounts receivable within one year40/41€32,366
Trade receivables40€30,012
Other amounts receivable41€2,354
Cash at bank and in hand54/58€20,429
Deferred charges and accrued income490/1€913
Equity and liabilities
Total equity and liabilities10/49€64,264
Equity10/15€25,364
Contributions10/11€5,000
Reserves13€20,364
Distributable reserves133€20,364
Amounts payable17/49€38,901
Amounts payable after more than one year17€20,144
Financial debts170/4€20,144
Amounts payable within one year42/48€18,756
Current portion of amounts payable after more than one year42€4,720
Trade debts44€2,749
Suppliers440/4€2,749
Other amounts payable47/48€11,288
Line2025
Profit (loss) for the period9904€20,364
+ Depreciation and write-downs630€2,378
Operating cash flow (approximation)€22,742

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 09-07-2026 2026-00273436

Similar companies · same sector, comparable size

Of the 7,006 active companies whose main activity is plumbing work (NACE 43221), figures are known for 3,538. 2,688 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.