RENOVIC
ActiveRENOVIC has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484k and a net result of €59k. Equity is growing by ~16.2% per year across the filed fiscal years. Its solvency ranks better than 85% of 27407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
98
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▲+11
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.75 against 5.6 in 2024), and 19.7% 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.
−lowers risk+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 →
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
80.3%
Return on assets
9.8%
Age of the figures
8 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 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
121 d late
2022
60 d late
2021
31 d late
2020
11 d early
2019
56 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€484k▼ 1.1%
2024 · €490k
2018: €140k
2019: €204k
2020: €263k
2021: €319k
2022: €388k
2023: €441k
2024: €490k
2018 → 2025
Total assets
€603k▼ 0.6%
2024 · €607k
2018: €363k
2019: €475k
2020: €503k
2021: €600k
2022: €552k
2023: €613k
2024: €607k
2018 → 2025
Net result
€59k▲ 21.1%
2024 · €49k
2018: €26k
2019: €15k
2020: €58k
2021: €56k
2022: €69k
2023: €53k
2024: €49k
2018 → 2025
Working capital
€288k▲ 4.2%
2024 · €276k
2018: €32k
2019: €42k
2020: €58k
2021: €102k
2022: €163k
2023: €221k
2024: €276k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€319k-€388k▲ 21.7%€441k▲ 13.6%€490k▲ 11.1%€484k▼ 1.1%
Operating result€95k-€103k▲ 8.7%€83k▼ 19.8%€66k▼ 19.9%€87k▲ 31.7%
Net result€56k-€69k▲ 23.3%€53k▼ 23.7%€49k▼ 7.3%€59k▲ 21.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 32% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €603k
Fixed assets
€238k▼ 12.0%
Current assets
€365k▲ 8.5%
Equity and liabilities €603k
Equity
€484k▼ 1.1%
Debt
€118k▲ 1.2%
The debt ratio rises from 19.3% to 19.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€128k▲
2024 · €110k
Cash flow
€100k▲
2024 · €92k
Solvency
80.3%▼
2024 · 80.7%
Current ratio
4.75▼
2024 · 5.60
Quick ratio
4.64▼
2024 · 5.33
Debt / equity
0.24▲
2024 · 0.24
ROE
12.2%▲
2024 · 10.0%
ROA
9.8%▲
2024 · 8.1%
Interest coverage
103.49▲
2024 · 24.56
Debt
€118k▲
2024 · €117k
Debt ≤ 1 year
€77k▲
2024 · €60k
Debt > 1 year
€42k▼
2024 · €57k
Income taxes
€30k▲
2024 · €25k
Staff costs
€50k▲
2024 · €44k
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€607k€603k▼
Fixed assets21/28€270k€238k▼
Tangible fixed assets22/27€270k€238k▼
Land and buildings22€217k€211k▼
Plant, machinery and equipment23€14k€9k▼
Furniture and vehicles24€38k€17k▼
Financial fixed assets28€198€143▼
Current assets29/58€336k€365k▲
Stocks and contracts in progress3€16k€9k▼
Stocks30/36€16k€9k▼
Amounts receivable within one year40/41€92k€83k▼
Trade receivables40€41k€44k▲
Other amounts receivable41€51k€39k▼
Current investments50/53€180k€150k▼
Cash at bank and in hand54/58€44k€119k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€607k€603k▼
Equity10/15€490k€484k▼
Contributions10/11€140k€140k=
Reserves13€350k€344k▼
Distributable reserves133€350k€344k▼
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€117k€118k▲
Amounts payable after more than one year17€57k€42k▼
Financial debts170/4€57k€42k▼
Amounts payable within one year42/48€60k€77k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€36k€32k▼
Suppliers440/4€36k€32k▼
Advances received on contracts in progress46€3k€21k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€4k€5k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€282€142▼
Income statement
Code20242025
Remuneration, social security and pensions62€44k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€41k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-18k€0▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€142k€180k▲
Operating profit (loss)9901€66k€87k▲
Financial income75/76B€12k€3k▼
Recurring financial income75€12k€3k▼
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€74k€89k▲
Income taxes67/77€25k€30k▲
Profit (loss) for the period9904€49k€59k▲
Profit (loss) for the period to be appropriated9905€49k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€59k▲
Transfer from equity791/2-€64k
Transfer to equity691/2€49k€59k▲
To other reserves6921€49k€59k▲
Profit to be distributed694/7-€64k
Return on contributions (dividend)694-€64k
The notes to these accounts (21 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 121 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Highest result since 2018net €69k ▲23.3%
Operating result €103k, net result €69k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
31-12
Financial
Weakest financial yearnet €15k ▼42.8%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €200kEq €204k ▲46.3%
2 profitable years in a row build equity to €204k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nazareth-De Pinte · 1 establishment unit since 2016
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.
Steinstraat 389810 Nazareth-De PinteGround area
918 m²
Building footprint
143 m²
Parcel 44048F0444/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Renovic
since 20162.258.699.438
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048F0444/00F000 | Flanders | 918 m² | 1 · 143 m² | - |
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
VAN HECKE, E-B.V.B.A.
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BOËL DUBOIS TYVAERT Industrie
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VennTech
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Waregem · Eq €484k
Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 6,542 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2016
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
43212Electrical installation work in industrial facilities
43221Plumbing work
43331Floor and wall tiling
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.