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RENOWRAP

Active
Private limited companyfounded 20233 yrs activeEngelstraat 38, 8211 Zedelgem, BelgiumKBO/BCE: BE 0802.121.605

RENOWRAP has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €19k. Its solvency ranks better than 36% of 3539 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
68 / 100
Healthy
The score combines four axes. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency39
Growth-
Stability79
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.21), and 76.3% 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 riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
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 2024
Solvency, return and age of the figures
Solvency
23.7%
Return on assets
22.5%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 1 filing
Deviation from the deadline
2024
61 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€20k
Total assets
€86k
Net result
€19k
Working capital
€12k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €86k
Fixed assets €18k
Current assets €68k
Equity and liabilities €86k
Equity €20k
Debt €65k
Debt finances 76.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€31k
Cash flow
€23k
Solvency
23.7%
Current ratio
1.21
Quick ratio
1.21
Debt / equity
3.22
ROE
95.1%
ROA
22.5%
Interest coverage
24.87
Debt
€65k
Debt ≤ 1 year
€56k
Debt > 1 year
€9k
Income taxes
€8k
Staff costs
€69k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet Code2024
Assets
Total assets20/58€86k
Fixed assets21/28€18k
Tangible fixed assets22/27€15k
Leasing and similar rights25€15k
Financial fixed assets28€3k
Current assets29/58€68k
Amounts receivable within one year40/41€41k
Trade receivables40€17k
Other amounts receivable41€24k
Cash at bank and in hand54/58€27k
Equity and liabilities
Total equity and liabilities10/49€86k
Equity10/15€20k
Contributions10/11€1k
Reserves13€19k
Distributable reserves133€19k
Amounts payable17/49€65k
Amounts payable after more than one year17€9k
Financial debts170/4€9k
Amounts payable within one year42/48€56k
Current portion of amounts payable after more than one year42€5k
Trade debts44€21k
Suppliers440/4€16k
Bills of exchange payable441€5k
Advances received on contracts in progress46€281
Taxes, remuneration and social security45€30k
Taxes450/3€14k
Remuneration and social security454/9€17k
Income statement Code2024
Remuneration, social security and pensions62€69k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Other operating charges640/8€2k
Gross operating margin9900€102k
Operating profit (loss)9901€28k
Financial income75/76B€934
Recurring financial income75€934
Financial charges65/66B€1k
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€27k
Income taxes67/77€8k
Profit (loss) for the period9904€19k
Profit (loss) for the period to be appropriated9905€19k
Appropriation of the result
Profit (loss) to be appropriated9906€19k
Transfer to equity691/2€19k
To other reserves6921€19k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
NBB filing

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, Zedelgem · 1 establishment unit since 2023
establishment The establishment unit on the map
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.

Engelstraat 388211 Zedelgem
Ground area
274 m²
Building footprint
58 m²
Volume, LiDAR
413 m³
Parcel 31434C0202/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOWRAP
Daverlostraat 295, 8310 BruggeManufacture of electrical equipment
since 20232.345.390.516
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31434C0202/00B000 Flanders 273 m² 1 · 58 m² 8.6 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

Of 340 companies in sector 95220 we hold annual accounts for 90. 64 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-05-2023
Fiscal year end31-12
Activities, NACEBEL
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95240Repair and maintenance of furniture and upholstery
43222Installation of electric heating, air conditioning, cooling and ventilation
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.