RENOVAMAT
Open bankruptcyA bankruptcy procedure is open for RENOVAMAT according to publications in the Belgian State Gazette; curator: CHARLES-HENRI SPRINGUEL.
Summary
The 2021 annual accounts show equity of €8k and a net result of €170.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2021, full schema
Turnover
€51k
EBIT margin
9.2%
Net result
€170
2020 · €-10k
2019: €5k
2020: €-10k
2019 → 2021
Working capital
€4k▲ 23.5%
2020 · €3k
2019: €12k
2020: €3k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€51k-
Equity€17k-€8k▼ 56.3%€8k▲ 2.2%
Operating result€5k-€-8k€3k
Net result€5k-€-10k€170
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €3k after a loss of €8k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €14k
Fixed assets
€4k ▼ 11.2%
Current assets
€10k ▲ 31.4%
Equity and liabilities €14k
Equity
€8k ▲ 2.2%
Debt
€6k ▲ 36.6%
Debt's share of the balance-sheet total rises from 37.4% to 44.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▲
2020 · €-7k
Cash flow
€1k▲
2020 · €-9k
Current ratio
1.59▼
2020 · 1.65
Debt to equity
0.80
ROE
2.2%▲
2020 · -128.6%
ROA
1.2%▲
2020 · -80.6%
Interest coverage
6.83
Debt ≤ 1 year
€6k▲
2020 · €5k
Income taxes
€2k▲
2020 · €431
Staff costs
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 42 lines
Balance sheet
Code20202021
Assets
Total assets20/58€12k€14k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€926€400▼
Furniture and vehicles24-€400
Financial fixed assets28€4k€4k=
Current assets29/58€8k€10k▲
Amounts receivable within one year40/41€506€4k▲
Trade receivables40-€2k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1-€328
Equity and liabilities
Total equity and liabilities10/49€12k€14k▲
Equity10/15€8k€8k▲
Contributions10/11-€12k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-7k€-6k▲
Amounts payable17/49€5k€6k▲
Amounts payable within one year42/48€5k€6k▲
Trade debts44€2k€2k▲
Suppliers440/4-€2k
Advances received on contracts in progress46-€1k
Taxes, remuneration and social security45-€3k
Taxes450/3-€1k
Remuneration and social security454/9-€2k
Income statement
Code20202021
Remuneration, social security and pensions62-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€926€1k▲
Other operating charges640/8-€819
Gross operating margin9900€2k€7k▲
Operating profit (loss)9901€-8k€3k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B-€572
Recurring financial charges65€1k€572▼
Profit (loss) for the period before taxes9903€-9k€2k▲
Income taxes67/77€431€2k▲
Profit (loss) for the period9904€-10k€170▲
Profit (loss) for the period to be appropriated9905€-10k€170▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-6k
Profit (loss) brought forward from the previous period14P-€-7k
Social balance
Average headcount (FTE)9087-1.0
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
28-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL RENOVAMAT RUE ADOLPHE MARBOTIN 94, 1030 Schaerbeek · event 18-04-2025
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 932 days late
2022
22-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 206 days late
2021
31-12
Financial
Back to profitnet €170
Net result €170 after one loss-making year.
2020
31-12
Financial
Weakest financial yearnet €-10k ▼314%
Net result drops to €-10k, the lowest in the series.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 153 days late
2019
15-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 199 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Schaarbeek · 1 establishment unit since 2017
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.
Adolphe Marbotinstraat 941030 SchaarbeekGround area
134 m²
Building footprint
130 m²
Volume, LiDAR
1,257 m³
Parcel 21903B0007/00N003, Brussels · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EAGLE TAVERNE
since 20172.262.977.138
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21903B0007/00N003 | Brussels | 134 m² | 1 · 130 m² | 11.0 m · 3 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLES-HENRI SPRINGUEL AVENUE LOUISE 349,
1050 IXELLES |
18-04-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-03-2017
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.