Renovus
ActiveThe annual accounts of Renovus for fiscal year 2025 show a net loss of 76% of total assets. The 2025 annual accounts show equity of €23k and a net result of €-18k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 95% of 14056 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
short-term debt: 0.8% and cash: 32.9% of total assets, and 2.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.5%
Return on assets
-76.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-18k
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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
76 d late
2023
29 d late
2022
121 d late
2021
79 d late
2020
61 d late
2019
89 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 43.9%
2024 · €41k
2018: €18k
2019: €53k
2020: €50k
2021: €43k
2022: €53k
2023: €46k
2024: €41k
2018 → 2025
Total assets
€23k▼ 42.9%
2024 · €41k
2018: €246k
2019: €109k
2020: €113k
2021: €263k
2022: €54k
2023: €48k
2024: €41k
2018 → 2025
Net result
€-18k▼ 219%
2024 · €-6k
2018: €-4k
2019: €34k
2020: €-3k
2021: €-7k
2022: €10k
2023: €-7k
2024: €-6k
2018 → 2025
Working capital
€23k▼ 42.3%
2024 · €40k
2018: €18k
2019: €53k
2020: €49k
2021: €190k
2022: €51k
2023: €45k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€53k▲ 23.7%€46k▼ 12.5%€41k▼ 12.1%€23k▼ 43.9%
Operating result€-7k-€11k€-6k€-5k▲ 24.3%€-16k▼ 256%
Net result€-7k-€10k€-7k€-6k▲ 15.7%€-18k▼ 219%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €23k
Fixed assets
€155▼ 77.8%
Current assets
€23k▼ 42.3%
Equity and liabilities €23k
Equity
€23k▼ 43.9%
Debt
€591▲ 107%
The debt ratio rises from 0.7% to 2.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2024 · €-4k
Cash flow
€-17k▼
2024 · €-5k
Solvency
97.5%▼
2024 · 99.3%
Debt / equity
0.03▲
2024 · 0.01
ROE
-78.4%▼
2024 · -13.8%
ROA
-76.4%▼
2024 · -13.7%
Interest coverage
-10.41▲
2024 · -24.45
Debt
€591▲
2024 · €286
Debt ≤ 1 year
€191▼
2024 · €286
A ratio outside any meaningful range has been withheld (balance sheet total €23k, equity €23k).
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€41k€23k▼
Fixed assets21/28€698€155▼
Tangible fixed assets22/27€698€155▼
Plant, machinery and equipment23€73€2▼
Furniture and vehicles24€625€153▼
Current assets29/58€40k€23k▼
Amounts receivable within one year40/41€12k€4k▼
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€15k€8k▼
Deferred charges and accrued income490/1€13k€12k▼
Equity and liabilities
Total equity and liabilities10/49€41k€23k▼
Equity10/15€41k€23k▼
Contributions10/11€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€920€920=
Reserves not available under the articles1311€920€920=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€18k€288▼
Amounts payable17/49€286€591▲
Amounts payable within one year42/48€286€191▼
Trade debts44€286€191▼
Suppliers440/4€286€191▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€543€543=
Other operating charges640/8-€9k
Non-recurring operating charges66A€722€840▲
Gross operating margin9900€-3k€-6k▼
Operating profit (loss)9901€-5k€-16k▼
Financial charges65/66B€166€2k▲
Recurring financial charges65€166€2k▲
Profit (loss) for the period before taxes9903€-5k€-18k▼
Income taxes67/77€832-
Profit (loss) for the period9904€-6k€-18k▼
Profit (loss) for the period to be appropriated9905€-6k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€288▼
Profit (loss) brought forward from the previous period14P€24k€18k▼
The notes to these accounts (5 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
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 76 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 141.02
Current ratio from 33.85 to 141.02; short-term debt falls from €1k to €286.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
31-12
Financial
Liquidity times 12current ratio 45.77
Current ratio from 3.69 to 45.77; short-term debt falls from €71k to €1k.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.69
Current ratio from 1.78 to 3.69.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
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, Herent · 1 establishment unit since 2017
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.
Den Boomgaard 133020 HerentGround area
5,071 m²
Building footprint
1,273 m²
Volume, LiDAR
21,965 m³
2 parcels, Flanders · tallest building 22.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Renovus
since 20172.272.162.741
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 fl. |
| 24423H0390/00S002 | Flanders | 489 m² | 1 · 107 m² | 10.7 m · 2 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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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,199 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-01-2017
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.