RENOVA
ActiveRENOVA has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.86M and a net result of €801k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 95% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
92
/ 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
Profitability93▲+22
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350k at 30 days acceptable
short-term debt: 0.6% and cash: 27.2% of total assets, and 7.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
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
92.9%
Return on assets
19.3%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €3.86M
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
on the day
2023
29 d early
2022
27 d early
2021
60 d early
2020
3 d early
2019
50 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.86M▲ 26.2%
2024 · €3.06M
2019: €3.28M
2020: €3.31M
2021: €3.36M
2022: €2.87M
2023: €3.00M
2024: €3.06M
2019 → 2025
Total assets
€4.15M▲ 34.7%
2024 · €3.08M
2019: €3.44M
2020: €3.37M
2021: €3.44M
2022: €2.89M
2023: €3.03M
2024: €3.08M
2019 → 2025
Net result
€801k▲ 1,324%
2024 · €56k
2019: €87k
2020: €28k
2021: €53k
2022: €158k
2023: €128k
2024: €56k
2019 → 2025
Working capital
€3.51M▲ 47.0%
2024 · €2.38M
2019: €2.84M
2020: €2.70M
2021: €2.58M
2022: €2.11M
2023: €2.29M
2024: €2.38M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.36M-€2.87M▼ 14.7%€3.00M▲ 4.5%€3.06M▲ 1.9%€3.86M▲ 26.2%
Operating result€62k-€201k▲ 225%€166k▼ 17.7%€78k▼ 53.1%€1.06M▲ 1,269%
Net result€53k-€158k▲ 201%€128k▼ 19.0%€56k▼ 56.1%€801k▲ 1,324%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,269% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.15M
Fixed assets
€619k▼ 7.9%
Current assets
€3.53M▲ 46.6%
Equity and liabilities €4.15M
Equity
€3.86M▲ 26.2%
Provisions
€266k
Debt
€28k▲ 8.9%
The debt ratio falls from 0.8% to 0.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.11M▲
2024 · €132k
Cash flow
€845k▲
2024 · €111k
Solvency
92.9%▼
2024 · 99.2%
Quick ratio
77.15▲
2024 · 36.09
Debt / equity
0.01▼
2024 · 0.01
ROE
20.8%▲
2024 · 1.8%
ROA
19.3%▲
2024 · 1.8%
Interest coverage
409.70▲
2024 · 61.28
Debt
€28k▲
2024 · €26k
Debt ≤ 1 year
€26k▲
2024 · €25k
Debt > 1 year
€1k=
2024 · €1k
Income taxes
€4k▼
2024 · €19k
A ratio outside any meaningful range has been withheld (balance sheet total €4.15M, equity €3.86M).
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.08M€4.15M▲
Fixed assets21/28€672k€619k▼
Tangible fixed assets22/27€653k€600k▼
Land and buildings22€630k€586k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€14k€9k▼
Financial fixed assets28€19k€19k▲
Current assets29/58€2.41M€3.53M▲
Stocks and contracts in progress3€1.52M€1.51M▼
Stocks30/36€1.52M€1.51M▼
Amounts receivable within one year40/41€19k€891k▲
Trade receivables40€18k€25k▲
Other amounts receivable41€634€866k▲
Cash at bank and in hand54/58€873k€1.13M▲
Deferred charges and accrued income490/1€478€4k▲
Equity and liabilities
Total equity and liabilities10/49€3.08M€4.15M▲
Equity10/15€3.06M€3.86M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€2.56M€3.36M▲
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Tax-exempt reserves132-€798k
Distributable reserves133€2.51M€2.51M▲
Provisions and deferred taxes16-€266k
Deferred taxes168-€266k
Amounts payable17/49€26k€28k▲
Amounts payable after more than one year17€1k€1k=
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€25k€26k▲
Trade debts44€18k€18k▲
Suppliers440/4€18k€18k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€3k€2k▼
Accrued charges and deferred income492/3-€830
Income statement
Code20242025
Non-recurring operating income76A-€1.06M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€44k▼
Other operating charges640/8€23k€25k▲
Gross operating margin9900€155k€1.13M▲
Operating profit (loss)9901€78k€1.06M▲
Financial income75/76B-€9k
Recurring financial income75-€9k
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€76k€1.07M▲
Transfer to deferred taxes680-€266k
Income taxes67/77€19k€4k▼
Profit (loss) for the period9904€56k€801k▲
Transfer to tax-exempt reserves689-€798k
Profit (loss) for the period to be appropriated9905€56k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€3k▼
Transfer to equity691/2€56k€3k▼
To other reserves6921€56k€3k▼
The notes to these accounts (10 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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €801k ▲1324%
Operating result €1.06M, net result €801k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Liquidity triplescurrent ratio 96.44
Current ratio from 37.75 to 96.44; short-term debt falls from €70k to €22k.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €28k ▼68.2%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 51.74
Current ratio from 25.78 to 51.74; short-term debt falls from €114k to €53k.
2019
12-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
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
no sitting director, no change since 2019
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.
31-10-2019
Leon VANHEES: Resigned as Director
31-10-2019
NV VANHEES AFWERKINGSBEDRIJF: Resigned as Director
01-02-2016
Leon VANHEES: Resigned as Director
Location & real-estate footprint
Registered office, Hechtel-Eksel · 1 establishment unit since 1982
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.
Peerderbaan 1193940 Hechtel-EkselGround area
2,054 m²
Building footprint
406 m²
Volume, LiDAR
2,213 m³
Parcel 72013A0378/00F000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOVA
since 19822.021.183.456
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72013A0378/00F000 | Flanders | 2,054 m² | 1 · 406 m² | 6.4 m · 2 fl. |
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. 2,424 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-08-1982
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.