Renovaties Martens
ActiveSummary
Renovaties Martens has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €1k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+25
Solvency74▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.52 against 1.36 in 2024; short-term debt: 36% and cash: 17.5% of total assets), but 51.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
21 d late
2022
41 d early
2021
on the day
2020
12 d early
2019
25 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€311k
EBIT margin
0.7%
Net result
€1k▼ 60.8%
2024 · €3k
2019: €-302
2020: €8k
2021: €-685
2022: €10k
2023: €5k
2024: €3k
2019 → 2025
Working capital
€13k▲ 50.9%
2024 · €8k
2019: €-12k
2020: €-3k
2021: €-10k
2022: €6k
2023: €16k
2024: €8k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€24k▲ 75.7%€28k▲ 19.4%€31k▲ 11.5%€33k▲ 4.0%
Operating result€557-€17k▲ 2,950%€11k▼ 34.5%€8k▼ 24.5%€6k▼ 34.2%
Net result€-685-€10k€5k▼ 54.9%€3k▼ 29.4%€1k▼ 60.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€30k ▼ 25.9%
Current assets
€37k ▲ 16.2%
Equity and liabilities €67k
Equity
€33k ▲ 4.0%
Debt
€34k ▼ 16.5%
Debt's share of the balance-sheet total falls from 56.5% to 51.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2024 · €10k
Cash flow
€19k▲
2024 · €5k
Current ratio
1.52▲
2024 · 1.36
Quick ratio
1.32▲
2024 · 1.14
Debt to equity
1.04▼
2024 · 1.30
ROE
3.9%▼
2024 · 10.3%
ROA
1.9%▼
2024 · 4.5%
Interest coverage
7.44▲
2024 · 2.60
Debt ≤ 1 year
€24k▲
2024 · €23k
Debt > 1 year
€10k▼
2024 · €18k
Income taxes
€1k▼
2024 · €1k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€72k€67k▼
Fixed assets21/28€41k€30k▼
Tangible fixed assets22/27€41k€30k▼
Land and buildings22€333€238▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€33k€25k▼
Current assets29/58€32k€37k▲
Stocks and contracts in progress3€5k€5k▼
Stocks30/36€5k€5k▼
Amounts receivable within one year40/41€19k€15k▼
Trade receivables40€14k€12k▼
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€5k€12k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€72k€67k▼
Equity10/15€31k€33k▲
Contributions10/11€6k€6k=
Reserves13€25k€27k▲
Distributable reserves133€25k€27k▲
Amounts payable17/49€41k€34k▼
Amounts payable after more than one year17€18k€10k▼
Financial debts170/4€18k€10k▼
Amounts payable within one year42/48€23k€24k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Trade debts44€10k€10k▲
Suppliers440/4€10k€10k▲
Advances received on contracts in progress46€200€200=
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€1k€1k▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€2k€403▼
Income statement
Code20242025
Non-recurring operating income76A€4k€7k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€18k▲
Other operating charges640/8€998€3k▲
Gross operating margin9900€11k€26k▲
Operating profit (loss)9901€8k€6k▼
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€4k€2k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€1k▼
Transfer to equity691/2€3k€1k▼
To other reserves6921€3k€1k▼
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.52 to 1.30; short-term debt falls from €22k to €19k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-685 ▼108%
Net result drops to €-685, the lowest in the series; recovery starts the following year.
19-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
25-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 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, Linter · 1 establishment unit since 2018
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.
Sint-Kwintensstraat(WOM) 333350 LinterGround area
3,067 m²
Building footprint
222 m²
Volume, LiDAR
1,189 m³
Parcel 24128C0519/00F000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Renovaties Martens
since 20182.272.614.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24128C0519/00F000 | Flanders | 3,067 m² | 1 · 222 m² | 8.4 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.
Similar companies · same sector, comparable size
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DRS CONSTRUCT
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MARIN CONSTRUCT
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GEERT ENGELEN
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,758 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2018
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
43343Specialised construction activities
43350Other building finishing work
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.