RENOVAND
ActiveThe computed 12-month bankruptcy probability of RENOVAND is 2.7% (moderate). The 2025 annual accounts show equity of €8k and a net result of €4k. Its solvency ranks better than 29% of 13935 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+7
Solvency32▲+2
Growth78
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.94 against 0.66 in 2024; short-term debt: 76.5% and cash: 1.8% of total assets), and 93.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
21 d early
2024
21 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 81.9%
2024 · €4k
2024: €4k
2024 → 2025
Total assets
€121k▲ 44.3%
2024 · €84k
2024: €84k
2024 → 2025
Net result
€4k
2024 · €-2k
2024: €-2k
2024 → 2025
Working capital
€-6k▲ 66.4%
2024 · €-17k
2024: €-17k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€4k-€8k▲ 81.9%
Operating result€-2k-€7k
Net result€-2k-€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€34k▼ 33.1%
Current assets
€87k▲ 164%
Equity and liabilities €121k
Equity
€8k▲ 81.9%
Debt
€113k▲ 42.2%
The debt ratio falls from 94.7% to 93.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▲
2024 · €2k
Cash flow
€13k▲
2024 · €2k
Solvency
6.7%▲
2024 · 5.3%
Current ratio
0.94▲
2024 · 0.66
Quick ratio
0.94▲
2024 · 0.66
Debt / equity
13.94▼
2024 · 17.84
ROE
45.0%▲
2024 · -34.9%
ROA
3.0%▲
2024 · -1.9%
Interest coverage
7.52▼
2024 · 9.41
Debt
€113k▲
2024 · €79k
Debt ≤ 1 year
€93k▲
2024 · €50k
Debt > 1 year
€20k▼
2024 · €30k
Income taxes
€2k▲
2024 · €5
Staff costs
€45k
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€84k€121k▲
Fixed assets21/28€51k€34k▼
Tangible fixed assets22/27€51k€34k▼
Plant, machinery and equipment23€885€485▼
Furniture and vehicles24€50k€34k▼
Current assets29/58€33k€87k▲
Amounts receivable within one year40/41€30k€79k▲
Trade receivables40€23k€78k▲
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€297€2k▲
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€84k€121k▲
Equity10/15€4k€8k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-2k€2k▲
Amounts payable17/49€79k€113k▲
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€50k€93k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€6k€10k▲
Suppliers440/4€6k€10k▲
Taxes, remuneration and social security45€5€1k▲
Taxes450/3€5€1k▲
Other amounts payable47/48€35k€72k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€45k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€9k▲
Other operating charges640/8€810€948▲
Non-recurring operating charges66A-€23k
Gross operating margin9900€3k€85k▲
Operating profit (loss)9901€-2k€7k▲
Financial income75/76B€198-
Recurring financial income75€198-
Financial charges65/66B€239€2k▲
Recurring financial charges65€239€2k▲
Profit (loss) for the period before taxes9903€-2k€5k▲
Income taxes67/77€5€2k▲
Profit (loss) for the period9904€-2k€4k▲
Profit (loss) for the period to be appropriated9905€-2k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€2k▲
Profit (loss) brought forward from the previous period14P-€-2k
The notes to these accounts (8 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
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2023
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.
Keppestraat 1349320 AalstGround area
357 m²
Building footprint
107 m²
Volume, LiDAR
787 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
RENOVAND
since 20232.349.061.767
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0172/00S000 | Flanders | 297 m² | 1 · 84 m² | 10.6 m · 3 fl. |
| 41304F0945/00T000 | Flanders | 60 m² | 1 · 23 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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ABC Werkbladen
BE 0829.197.867
Pelt · Eq €8k
M&S IDEAL CONSTRUCT
BE 0775.849.451
Mons · Eq €8k
MDC&Co
BE 0553.765.773
Ramillies · Eq €8k
Of 7,292 companies in sector 43350 we hold annual accounts for 2,359. 1,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2023
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43350Other building finishing work
68122Development of non-residential building projects
43110Demolition
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.