RENOX PROJECTS
ActiveSummary
RENOX PROJECTS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €463k and a net result of €177k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+15
Solvency79=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 3.54 in 2024; short-term debt: 45.8% and cash: 38.5% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
54.2%
Return on assets
20.7%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-11-2025, 153 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
153 d early
2024
131 d early
2023
103 d early
2022
96 d early
2021
131 d early
2020
135 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Equity
€463k▼ 41.2%
2024 · €788k
Total assets
€855k▼ 41.1%
2024 · €1.45M
Net result
€177k▲ 40.4%
2024 · €126k
Working capital
€434k▼ 57.6%
2024 · €1.02M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€-9k€261k€225k▼ 13.8%€219k▼ 2.7%€246k▲ 12.3%
Net result€-13k€191k€140k▼ 26.8%€126k▼ 10.2%€177k▲ 40.4%
Equity€331k▼ 15.4%€522k▲ 57.9%€662k▲ 26.9%€788k▲ 19.0%€463k▼ 41.2%
Total assets€500k▲ 12.0%€800k▲ 59.9%€1.22M▲ 52.5%€1.45M▲ 18.9%€855k▼ 41.1%
Debt€170k▲ 202%€278k▲ 63.9%€558k▲ 101%€662k▲ 18.7%€392k▼ 40.9%
Working capital€302k▼ 18.7%€504k▲ 66.8%€1.01M▲ 101%€1.02M▲ 1.0%€434k▼ 57.6%
Staff (FTE)2▲ 100%3.4▲ 70.0%3.4=3.3▼ 2.9%3.1▼ 6.1%
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 recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €855k
Fixed assets
€30k ▲ 16.0%
Current assets
€825k ▼ 42.1%
Equity and liabilities €855k
Equity
€463k ▼ 41.2%
Debt
€392k ▼ 40.9%
Debt's share of the balance-sheet total rises from 45.7% to 45.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€253k▲
2024 · €229k
Cash flow
€185k▲
2024 · €136k
Current ratio
2.11▼
2024 · 3.54
Debt to equity
0.84▲
2024 · 0.84
ROE
38.1%▲
2024 · 16.0%
ROA
20.7%▲
2024 · 8.7%
Interest coverage
34.01▲
2024 · 6.79
Debt ≤ 1 year
€392k▼
2024 · €402k
Debt > 1 year
€0▼
2024 · €260k
Income taxes
€63k▲
2024 · €63k
Staff costs
€221k▲
2024 · €193k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €17k | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | €147k | €196k | €193k | €221k | ▲ 14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €10k | €11k | €10k | €8k | ▼ 22.9% |
| Other operating charges640/8 | - | €5k | €2k | €2k | €3k | ▲ 42.1% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €63k | €423k | €434k | €424k | €478k | ▲ 12.6% |
| Operating profit (loss)9901 | €-9k | €261k | €225k | €219k | €246k | ▲ 12.3% |
| Financial income75/76B | - | €835 | €757 | €4k | €2k | ▼ 45.8% |
| Recurring financial income75 | €250 | €835 | €757 | €4k | €2k | ▼ 45.8% |
| Financial charges65/66B | - | €6k | €23k | €34k | €7k | ▼ 77.9% |
| Recurring financial charges65 | €4k | €6k | €23k | €34k | €7k | ▼ 77.9% |
| Profit (loss) for the period before taxes9903 | €-12k | €255k | €203k | €189k | €240k | ▲ 27.2% |
| Income taxes67/77 | €1k | €64k | €63k | €63k | €63k | ▲ 0.8% |
| Profit (loss) for the period9904 | €-13k | €191k | €140k | €126k | €177k | ▲ 40.4% |
| Profit (loss) for the period to be appropriated9905 | €-13k | €191k | €140k | €126k | €177k | ▲ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €500k | €800k | €1.22M | €1.45M | €855k | ▼ 41.1% |
| Fixed assets21/28 | €28k | €18k | €29k | €26k | €30k | ▲ 16.0% |
| Intangible fixed assets21 | €6k | €4k | €1k | €0 | - | - |
| Tangible fixed assets22/27 | €20k | €13k | €26k | €25k | €29k | ▲ 16.7% |
| Plant, machinery and equipment23 | - | €3k | €4k | €3k | €5k | ▲ 43.4% |
| Furniture and vehicles24 | - | €2k | €639 | €0 | €6k | - |
| Other tangible fixed assets26 | - | €9k | €21k | €21k | €17k | ▼ 17.9% |
| Financial fixed assets28 | €2k | €800 | €2k | €1k | €1k | = |
| Current assets29/58 | €472k | €782k | €1.19M | €1.43M | €825k | ▼ 42.1% |
| Stocks and contracts in progress3 | €4k | €0 | €550k | €621k | €0 | ▼ 100% |
| Stocks30/36 | - | €0 | €550k | €621k | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €313k | €432k | €168k | €592k | €491k | ▼ 17.0% |
| Trade receivables40 | - | €432k | €147k | €592k | €491k | ▼ 17.0% |
| Other amounts receivable41 | - | €491 | €21k | €122 | €0 | ▼ 100% |
| Current investments50/53 | - | €10k | €10k | €10k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €149k | €336k | €455k | €175k | €329k | ▲ 88.0% |
| Deferred charges and accrued income490/1 | - | €5k | €9k | €27k | €5k | ▼ 80.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €500k | €800k | €1.22M | €1.45M | €855k | ▼ 41.1% |
| Equity10/15 | €331k | €522k | €662k | €788k | €463k | ▼ 41.2% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €225k | €312k | €644k | €770k | €268k | ▼ 65.2% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €310k | €642k | €770k | €268k | ▼ 65.2% |
| Profit (loss) carried forward14 | €87k | €191k | €0 | - | €177k | - |
| Amounts payable17/49 | €170k | €278k | €558k | €662k | €392k | ▼ 40.9% |
| Amounts payable after more than one year17 | - | - | €380k | €260k | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €380k | €260k | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €170k | €278k | €178k | €402k | €392k | ▼ 2.7% |
| Financial debts43 | - | - | - | €78 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €78 | €0 | ▼ 100% |
| Trade debts44 | €139k | €212k | €132k | €313k | €311k | ▼ 0.8% |
| Suppliers440/4 | - | €212k | €132k | €313k | €311k | ▼ 0.8% |
| Taxes, remuneration and social security45 | - | €66k | €46k | €89k | €81k | ▼ 9.1% |
| Taxes450/3 | - | €34k | €2k | €57k | €43k | ▼ 24.7% |
| Remuneration and social security454/9 | - | €32k | €44k | €32k | €38k | ▲ 18.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-13k | €191k | €140k | €126k | €177k | ▲ 40.4% |
| + Depreciation and write-downs630 | €12k | €10k | €11k | €10k | €8k | ▼ 22.9% |
| Operating cash flow (approximation) | €-605 | €201k | €151k | €136k | €185k | ▲ 35.6% |
| Investment in fixed assets (approximation) | - | €900 | €-22k | €-6k | €-12k | ▼ 85.0% |
| Change in cash | - | €186k | €119k | €-280k | €154k | ▲ 155% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
18-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Liquidity doublescurrent ratio 6.69
Current ratio from 2.81 to 6.69; short-term debt falls from €278k to €178k.
24-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €191k
Net result €191k after one loss-making year.
30-09
Financial
Equity above €500kEq €522k ▲57.9%
Equity rises from €331k to €522k.
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-09
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-09
Financial
Liquidity quadruplescurrent ratio 7.62
Current ratio from 1.99 to 7.62; short-term debt falls from €262k to €56k.
09-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
30-09
Financial
Equity above €200kEq €291k ▲80.6%
2 profitable years in a row build equity to €291k.
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Knokke-Heist · 1 establishment unit since 2014
Ground area
425 m²
Building footprint
398 m²
Volume, LiDAR
4,038 m³
Parcel 31008I0400/00B000, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Renox
since 20142.230.340.695
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0400/00B000 | Flanders | 425 m² | 1 · 398 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 6,252 EUR awarded · 6,252 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,526 EUR | 3,526 EUR |
| 2022 | 1 | 2,726 EUR | 2,726 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Legal Entity Identifier
967600RL936LOZW93F30
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Of 15,521 companies in sector 43990 we hold annual accounts for 7,414. 4,700 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-04-2014
Fiscal year end30-09
Abbreviation NL
RENOX
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43410Roofing work
46831Wholesale of construction materials, general range
Scores and ratios are computed by Checked and are not a credit decision.