RENOVATION DESIGN
ActiveRENOVATION DESIGN has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129k and a net result of €5k. Equity is growing by ~101.7% per year across the filed fiscal years. Its solvency ranks better than 85% of 237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-27
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.72; short-term debt: 20.6% and cash: 33.6% of total assets), and 20.6% 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 31
Relative position
BE, all sectors
reference
Sector 31
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
79.4%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
30 d late
2024
35 d late
2023
105 d late
2022
46 d late
2021
127 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€5k▼ 95.3%
2024 · €106k
2021: €3k
2022: €2k
2023: €6k
2024: €106k
2021 → 2025
Working capital
€125k▲ 783%
2023 · €14k
2021: €5k
2022: €8k
2023: €14k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€12k▲ 14.5%€18k▲ 44.7%€124k▲ 594%€129k▲ 4.0%
Operating result€3k-€2k▼ 47.6%€7k▲ 293%€107k▲ 1,408%€33k▼ 69.5%
Net result€3k-€2k▼ 52.7%€6k▲ 254%€106k▲ 1,823%€5k▼ 95.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €163k
Fixed assets
€4k▲ 2.5%
Current assets
€159k▲ 31.2%
Equity and liabilities €163k
Equity
€129k▲ 4.0%
Debt
€34k▲ 3,870%
The debt ratio rises from 0.7% to 20.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35k▼
2024 · €108k
Cash flow
€7k▼
2024 · €108k
Solvency
79.4%▼
2024 · 99.3%
Current ratio
4.72
Quick ratio
4.72
Debt / equity
0.26▲
2024 · 0.01
ROE
3.9%▼
2024 · 85.6%
ROA
3.1%▼
2024 · 85.0%
Interest coverage
53.28▼
2024 · 570.05
Debt
€34k▲
2024 · €846
Debt ≤ 1 year
€34k
Income taxes
€2k
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€125k€163k▲
Fixed assets21/28€4k€4k▲
Tangible fixed assets22/27€4k€4k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€3k€2k▼
Current assets29/58€121k€159k▲
Amounts receivable after more than one year29-€7k
Other amounts receivable291-€7k
Stocks and contracts in progress3€35€55▲
Stocks30/36€35€55▲
Amounts receivable within one year40/41€94k€91k▼
Trade receivables40€68k€41k▼
Other amounts receivable41€26k€50k▲
Cash at bank and in hand54/58€22k€55k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€125k€163k▲
Equity10/15€124k€129k▲
Contributions10/11€8k€8k=
Reserves13€243€243=
Non-distributable reserves130/1€243€243=
Reserves not available under the articles1311€243€243=
Profit (loss) carried forward14€117k€122k▲
Amounts payable17/49€846€34k▲
Amounts payable after more than one year17€846-
Other amounts payable178/9€846-
Amounts payable within one year42/48-€34k
Trade debts44-€33k
Suppliers440/4-€33k
Taxes, remuneration and social security45-€649
Taxes450/3-€649
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€436€2k▲
Gross operating margin9900€109k€36k▼
Operating profit (loss)9901€107k€33k▼
Financial income75/76B€1€399▲
Recurring financial income75€1€399▲
Financial charges65/66B€190€26k▲
Recurring financial charges65€190€654▲
Non-recurring financial charges66B-€25k
Profit (loss) for the period before taxes9903€106k€7k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€106k€5k▼
Profit (loss) for the period to be appropriated9905€106k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€117k€122k▲
Profit (loss) brought forward from the previous period14P€10k€117k▲
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
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 35 days late
2024
31-12
Financial
Highest result since 2021net €106k ▲1823%
Operating result €107k, net result €106k, both a record.
31-12
Financial
Equity above €100kEq €124k ▲594%
4 profitable years in a row build equity to €124k.
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 105 days late
2023
15-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼52.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
Financial 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, Asse · 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.
Weversstraat 241730 AsseGround area
731 m²
Building footprint
388 m²
Volume, LiDAR
3,511 m³
2 parcels, Flanders · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RENOVATION DESIGN
since 20202.305.170.653
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402E0401/00P004 | Flanders | 446 m² | 1 · 102 m² | 9.4 m · 2 fl. |
| 23322L0425/00S000 | Flanders | 286 m² | 1 · 286 m² | 18.0 m · 5 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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MASSANT CREATION
BE 0888.356.583
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LUTECH
BE 0897.055.109
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KWIZYNN
BE 0894.897.056
Wingene · Eq €115k
Of 446 companies in sector 31001 we hold annual accounts for 208. 153 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2020
Fiscal year end31-12
Activities, NACEBEL
31001Manufacture of furniture
33120Repair and maintenance of machinery
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.