RENOV'ACT
ActiveThe computed 12-month bankruptcy probability of RENOV'ACT is 2.5% (moderate). The 2024 annual accounts show equity of €26k and a net result of €4k. Equity is growing by ~75.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 9981 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability71▼-7
Solvency37▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.97 in 2022; short-term debt: 87.2% and cash: 24.8% of total assets), and 88.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
11.5%
Return on assets
1.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2022
57 d late
2021
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▲ 79.1%
2022 · €14k
2021: €-7k
2022: €14k
2021 → 2024
Total assets
€222k▼ 19.2%
2022 · €275k
2021: €139k
2022: €275k
2021 → 2024
Net result
€4k▼ 82.4%
2022 · €21k
2021: €-9k
2022: €21k
2021 → 2024
Working capital
€-15k▼ 110%
2022 · €-7k
2021: €-10k
2022: €-7k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222024Trend
Equity€-7k-€14k€26k▲ 79.1%
Operating result€-8k-€24k€23k▼ 5.5%
Net result€-9k-€21k€4k▼ 82.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €23k in 2024, compared with €24k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €222k
Fixed assets
€43k▲ 103%
Current assets
€179k▼ 29.4%
Equity and liabilities €222k
Equity
€26k▲ 79.1%
Debt
€197k▼ 24.5%
The debt ratio falls from 94.8% to 88.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▲
2022 · €27k
Cash flow
€12k▼
2022 · €23k
Solvency
11.5%▲
2022 · 5.2%
Current ratio
0.92▼
2022 · 0.97
Quick ratio
0.80▼
2022 · 0.81
Debt / equity
7.69▼
2022 · 18.26
ROE
14.4%▼
2022 · 146.5%
ROA
1.7%▼
2022 · 7.6%
Interest coverage
68.27▼
2022 · 113.25
Debt
€197k▼
2022 · €261k
Debt ≤ 1 year
€194k▼
2022 · €261k
Debt > 1 year
€3k
Income taxes
€19k▲
2022 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2022
Balance sheet
Code20222024
Assets
Total assets20/58€275k€222k▼
Fixed assets21/28€21k€43k▲
Tangible fixed assets22/27€21k€40k▲
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€6k€12k▲
Other tangible fixed assets26€12k€26k▲
Financial fixed assets28-€4k
Current assets29/58€254k€179k▼
Stocks and contracts in progress3€44k€24k▼
Stocks30/36€44k€24k▼
Amounts receivable within one year40/41€164k€98k▼
Trade receivables40€164k€98k▼
Other amounts receivable41€70€487▲
Cash at bank and in hand54/58€45k€55k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€275k€222k▼
Equity10/15€14k€26k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€12k€23k▲
Amounts payable17/49€261k€197k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€261k€194k▼
Current portion of amounts payable after more than one year42-€2k
Trade debts44€224k€152k▼
Suppliers440/4€224k€152k▼
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€24k€40k▲
Taxes450/3€20k€39k▲
Remuneration and social security454/9€5k€2k▼
Other amounts payable47/48€9k€0▼
Income statement
Code20222024
Non-recurring operating income76A€451-
Remuneration, social security and pensions62€19-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€31k€35k▲
Operating profit (loss)9901€24k€23k▼
Financial income75/76B€164€164▲
Recurring financial income75€164€164▲
Financial charges65/66B€235€456▲
Recurring financial charges65€235€456▲
Profit (loss) for the period before taxes9903€24k€23k▼
Income taxes67/77€3k€19k▲
Profit (loss) for the period9904€21k€4k▼
Profit (loss) for the period to be appropriated9905€21k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€23k▲
Profit (loss) brought forward from the previous period14P€-9k€19k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Liège · 1 establishment unit since 2020
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.
Route du Condroz 5284031 LiègeGround area
5,127 m²
Building footprint
649 m²
Parcel 62826C0061/00X004, Wallonia. Linked by address, not a title deed.
1 establishment unit
RENOV'ACT
since 20202.308.059.273
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62826C0061/00X004 | Wallonia | 5,127 m² | 1 · 649 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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@renovact.be
Phone:+32475936893