RENOVATI
ActiveThe computed 12-month bankruptcy probability of RENOVATI is 2.0% (moderate). The 2025 annual accounts show equity of €41k and a net result of €3k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 27711 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-7
Solvency58▼-42
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.25 against 3.73 in 2024; short-term debt: 67.4% and cash: 10.3% of total assets), and 67.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
32.6%
Return on assets
2.7%
Age of the figures
9 mo
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 01-06-2026, 60 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
60 d early
2024
38 d early
2023
21 d early
2022
34 d early
2021
41 d early
2020
5 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▼ 50.5%
2024 · €82k
2020: €34k
2021: €74k
2022: €65k
2023: €74k
2024: €82k
2020 → 2025
Total assets
€125k▲ 17.5%
2024 · €107k
2020: €69k
2021: €108k
2022: €128k
2023: €116k
2024: €107k
2020 → 2025
Net result
€3k▼ 62.2%
2024 · €9k
2020: €14k
2021: €40k
2022: €-9k
2023: €8k
2024: €9k
2020 → 2025
Working capital
€21k▼ 63.0%
2024 · €57k
2020: €3k
2021: €46k
2022: €42k
2023: €59k
2024: €57k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€74k-€65k▼ 12.3%€74k▲ 12.6%€82k▲ 12.2%€41k▼ 50.5%
Operating result€50k-€-10k€9k€12k▲ 39.4%€5k▼ 58.5%
Net result€40k-€-9k€8k€9k▲ 8.9%€3k▼ 62.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€20k▼ 30.5%
Current assets
€106k▲ 34.7%
Equity and liabilities €125k
Equity
€41k▼ 50.5%
Debt
€85k▲ 249%
The debt ratio rises from 22.7% to 67.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€19k▼
2024 · €32k
Cash flow
€18k▼
2024 · €29k
Solvency
32.6%▼
2024 · 77.3%
Current ratio
1.25▼
2024 · 3.73
Quick ratio
1.00▼
2024 · 2.69
Debt / equity
2.07▲
2024 · 0.29
ROE
8.3%▼
2024 · 10.9%
ROA
2.7%▼
2024 · 8.4%
Interest coverage
12.59▼
2024 · 22.25
Debt
€85k▲
2024 · €24k
Debt ≤ 1 year
€85k▲
2024 · €21k
Income taxes
€1k▼
2024 · €2k
Staff costs
€176k▲
2024 · €155k
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€107k€125k▲
Fixed assets21/28€28k€20k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€28k€18k▼
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€25k€13k▼
Current assets29/58€78k€106k▲
Stocks and contracts in progress3€22k€21k▼
Stocks30/36€22k€21k▼
Amounts receivable within one year40/41€35k€71k▲
Trade receivables40€17k€55k▲
Other amounts receivable41€18k€16k▼
Cash at bank and in hand54/58€21k€13k▼
Deferred charges and accrued income490/1€521€461▼
Equity and liabilities
Total equity and liabilities10/49€107k€125k▲
Equity10/15€82k€41k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€62k€21k▼
Amounts payable17/49€24k€85k▲
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€21k€85k▲
Current portion of amounts payable after more than one year42€4k€3k▼
Trade debts44€7k€28k▲
Suppliers440/4€7k€28k▲
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€9k▲
Other amounts payable47/48€7k€44k▲
Income statement
Code20242025
Remuneration, social security and pensions62€155k€176k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€14k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€189k€196k▲
Operating profit (loss)9901€12k€5k▼
Financial income75/76B€768€906▲
Recurring financial income75€768€906▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€11k€4k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€9k€3k▼
Profit (loss) for the period to be appropriated9905€9k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€66k▲
Profit (loss) brought forward from the previous period14P€54k€62k▲
Profit to be distributed694/7-€45k
Return on contributions (dividend)694-€45k
The notes to these accounts (9 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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-9k ▼123%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €40k ▲183%
Operating result €50k, net result €40k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.38
Current ratio from 1.10 to 2.38; short-term debt falls from €35k to €33k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · 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, Kapellen · 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.
Philippe Spethstraat 412950 KapellenGround area
596 m²
Building footprint
120 m²
Volume, LiDAR
607 m³
Parcel 11902H0119/00D003, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RENOVATI
since 20202.298.099.551
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11902H0119/00D003 | Flanders | 596 m² | 1 · 119 m² | 11.2 m · 1 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.
Similar companies · same sector, comparable size
PLADECO
BE 0829.708.405
Lokeren · Eq €41k
MINCKE STEFAN
BE 0860.171.155
Wortegem-Petegem · Eq €41k
PLAFO DESIGN
BE 0664.453.661
Chapelle-lez-Herlaimont · Eq €41k
GENERAL MB
BE 0721.663.568
Jette · Eq €41k
BCR
BE 0660.684.321
Maasmechelen · Eq €41k
Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,497 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-01-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43341Painting of buildings
43350Other building finishing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.