RENSON
ActiveRENSON has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225.30M and a net result of €20.53M. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 92% of 670 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-8
Solvency100=
Growth69▼-3
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 7.34 against 6.75 in 2024; short-term debt: 12.3% and cash: 0.7% of total assets), and 13.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
86.7%
Return on assets
7.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
17 d early
2023
14 d early
2022
18 d early
2021
59 d late
2020
15 d early
2019
14 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€139.35M▼ 5.6%
2024 · €147.69M
2019: €100.07M
2020: €99.60M
2021: €110.87M
2022: €116.57M
2023: €112.34M
2024: €147.69M
2019 → 2025
EBIT margin
12.5%▼ 1.7pp
2024 · 14.2%
2019: 12.9%
2020: 14.4%
2021: 20.7%
2022: 16.7%
2023: 14.2%
2024: 14.2%
2019 → 2025
Net result
€20.53M▼ 40.8%
2024 · €34.69M
2019: €11.51M
2020: €13.07M
2021: €20.18M
2022: €17.90M
2023: €22.75M
2024: €34.69M
2019 → 2025
Working capital
€203.10M▲ 7.7%
2024 · €188.63M
2019: €51.19M
2020: €104.87M
2021: €123.44M
2022: €133.68M
2023: €149.45M
2024: €188.63M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€110.87M-€116.57M▲ 5.1%€112.34M▼ 3.6%€147.69M▲ 31.5%€139.35M▼ 5.6%
Equity€134.22M-€148.55M▲ 10.7%€166.36M▲ 12.0%€209.77M▲ 26.1%€225.30M▲ 7.4%
Operating result€22.90M-€19.43M▼ 15.2%€15.99M▼ 17.7%€20.91M▲ 30.8%€17.37M▼ 17.0%
Net result€20.18M-€17.90M▼ 11.3%€22.75M▲ 27.1%€34.69M▲ 52.5%€20.53M▼ 40.8%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €259.95M
Fixed assets
€24.79M▲ 4.3%
Current assets
€235.16M▲ 6.2%
Equity and liabilities €259.95M
Equity
€225.30M▲ 7.4%
Provisions
€58k▼ 4.0%
Debt
€34.60M▼ 2.2%
The debt ratio falls from 14.4% to 13.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23.18M▼
2024 · €26.92M
Cash flow
€26.35M▼
2024 · €40.70M
Solvency
86.7%▲
2024 · 85.5%
Current ratio
7.34▲
2024 · 6.75
Quick ratio
6.37▲
2024 · 5.90
Debt / equity
0.15▼
2024 · 0.17
ROE
9.1%▼
2024 · 16.5%
ROA
7.9%▼
2024 · 14.1%
Interest coverage
23.85▼
2024 · 25.39
Debt
€34.60M▼
2024 · €35.38M
Debt ≤ 1 year
€32.06M▼
2024 · €32.81M
Debt > 1 year
€2.54M▲
2024 · €2.53M
Income taxes
€2.10M▼
2024 · €3.06M
Staff costs
€44.20M▲
2024 · €40.23M
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€245.21M€259.95M▲
Fixed assets21/28€23.77M€24.79M▲
Intangible fixed assets21€4.92M€6.52M▲
Tangible fixed assets22/27€17.78M€17.25M▼
Land and buildings22€5.44M€8.56M▲
Plant, machinery and equipment23€3.38M€3.35M▼
Furniture and vehicles24€5.49M€5.33M▼
Assets under construction and advance payments27€3.47M-
Financial fixed assets28€1.07M€1.03M▼
Affiliated companies280/1€896k€896k=
Participating interests280€896k€896k=
Other financial fixed assets284/8€174k€134k▼
Amounts receivable and cash guarantees285/8€174k€134k▼
Current assets29/58€221.44M€235.16M▲
Amounts receivable after more than one year29€35.34M€28.34M▼
Other amounts receivable291€35.34M€28.34M▼
Stocks and contracts in progress3€27.68M€30.99M▲
Stocks30/36€27.68M€30.99M▲
Raw materials and consumables30/31€16.25M€17.13M▲
Work in progress32€5.90M€7.59M▲
Finished goods33€2.98M€3.49M▲
Goods purchased for resale34€2.56M€2.77M▲
Amounts receivable within one year40/41€48.15M€25.79M▼
Trade receivables40€19.21M€19.37M▲
Other amounts receivable41€28.94M€6.42M▼
Current investments50/53€107.84M€147.93M▲
Other investments51/53€107.84M€147.93M▲
Cash at bank and in hand54/58€2.32M€1.78M▼
Deferred charges and accrued income490/1€103k€327k▲
Equity and liabilities
Total equity and liabilities10/49€245.21M€259.95M▲
Equity10/15€209.77M€225.30M▲
Contributions10/11€181k€181k=
Capital10€181k€181k=
Issued capital100€181k€181k=
Reserves13€209.55M€225.08M▲
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Tax-exempt reserves132€26.65M€24.82M▼
Distributable reserves133€182.88M€200.24M▲
Investment grants15€39k€34k▼
Provisions and deferred taxes16€61k€58k▼
Deferred taxes168€61k€58k▼
Amounts payable17/49€35.38M€34.60M▼
Amounts payable after more than one year17€2.53M€2.54M▲
Financial debts170/4€2.53M€2.53M=
Subordinated loans170€2.53M€2.53M=
Other amounts payable178/9-€7k
Amounts payable within one year42/48€32.81M€32.06M▼
Trade debts44€8.27M€7.04M▼
Suppliers440/4€8.23M€7.04M▼
Bills of exchange payable441€47k-
Advances received on contracts in progress46€458k€493k▲
Taxes, remuneration and social security45€6.14M€6.92M▲
Taxes450/3€1.25M€1.49M▲
Remuneration and social security454/9€4.89M€5.43M▲
Other amounts payable47/48€17.95M€17.60M▼
Accrued charges and deferred income492/3€36k€4k▼
Income statement
Code20242025
Operating income70/76A€157.52M€158.48M▲
Turnover70€147.69M€139.35M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-14k€2.21M▲
Other operating income74€9.84M€13.95M▲
Non-recurring operating income76A-€2.97M
Operating charges60/66A€136.61M€141.11M▲
Goods for resale, raw materials and consumables60€51.05M€51.14M▲
Purchases600/8€50.73M€52.23M▲
Change in stocks: decrease (increase)609€315k€-1.10M▼
Services and other goods61€38.65M€39.17M▲
Remuneration, social security and pensions62€40.23M€44.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6.01M€5.82M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€125k€121k▼
Other operating charges640/8€543k€660k▲
Non-recurring operating charges66A€4k€10k▲
Operating profit (loss)9901€20.91M€17.37M▼
Financial income75/76B€19.18M€8.71M▼
Recurring financial income75€19.18M€8.71M▼
Income from current assets751€5.48M€7.18M▲
Other financial income752/9€13.71M€1.53M▼
Financial charges65/66B€2.37M€3.44M▲
Recurring financial charges65€2.35M€3.43M▲
Debt charges650€1.06M€972k▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€813k€1.68M▲
Other financial charges652/9€473k€783k▲
Non-recurring financial charges66B€24k€10k▼
Profit (loss) for the period before taxes9903€37.73M€22.63M▼
Transfer from deferred taxes780€22k€2k▼
Income taxes67/77€3.06M€2.10M▼
Taxes670/3€3.10M€2.10M▼
Tax adjustments and reversals of tax provisions77€42k€3k▼
Profit (loss) for the period9904€34.69M€20.53M▼
Transfer from tax-exempt reserves789€842k€2.83M▲
Transfer to tax-exempt reserves689€1.00M€1.00M=
Profit (loss) for the period to be appropriated9905€34.53M€22.37M▼
Appropriation of the result
Profit (loss) to be appropriated9906€34.53M€22.37M▼
Transfer to equity691/2€28.53M€17.37M▼
To other reserves6921€28.53M€17.37M▼
Profit to be distributed694/7€6.00M€5.00M▼
Directors or managers695€6.00M€5.00M▼
Social balance
Average headcount (FTE)9087550.4572.9▲
The notes to these accounts (89 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2019net €34.69M ▲52.5%
Net result €34.69M, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity doublescurrent ratio 4.08
Current ratio from 1.82 to 4.08; short-term debt falls from €62.20M to €34.10M.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2020
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
12-02-2020
RENSON SUNPROTECTION-PROJECTS: Resigned as Director
27-06-2015
RESO: Resigned as Director
25-06-2012
RESO: Resigned as Director
Location & real-estate footprint
Registered office, Waregem · 4 establishment units since 1997
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.
Maalbeekstraat 108790 WaregemGround area
19.1 ha
Building footprint
13.6 ha
Volume, LiDAR
689,919 m³
5 parcels, Flanders · tallest building 18.4 m, ±3 floors. Linked by address, not a title deed.
4 establishment units
Renson NV
since 19972.084.792.393
Renson
since 20232.356.927.576
Textielstraat 18, 8790 Waregem
since 20232.356.928.566
Renson
since 20232.356.928.764
5 parcels
Flanders
5
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0771/00C000 | Flanders | 8.8 ha | 1 · 6.0 ha | - |
| 34453F0773/00M000 | Flanders | 6.5 ha | 1 · 4.7 ha | 18.4 m · 3 fl. |
| 34002A0381/00H004 | Flanders | 1.7 ha | 1 · 1.1 ha | 10.8 m · 2 fl. |
| 34452B0839/00H006 | Flanders | 1.2 ha | 1 · 1.1 ha | 13.3 m · 2 fl. |
| 34453F0334/00X002 | Flanders | 9,901 m² | 1 · 7,901 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| RENSON SUNPROTECTION-PROJECTS Statutory auditor | - → 12-02-2020 |
Structure & network
Group per the LEI register
1 parent companyParent company:RP HOLDING
Public money · subsidies and aid
Flemish government
2022 to 2025 · 19 entries · 507,137 EUR awarded · 398,703 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 5 | 4,782 EUR | 86,782 EUR |
| 2024 | 4 | 213,554 EUR | 114,151 EUR |
| 2023 | 5 | 30,316 EUR | 118,756 EUR |
| 2022 | 5 | 258,485 EUR | 79,014 EUR |
Schemes
Ontwikkelingsproject
Innovatieprojecten in de context van een speerpuntcluster
Subsidies bevordering duurzaam woon-werkverkeer ikv Pendelfonds
Vlaams opleidingsverlof (VOV)
O&O-haalbaarheidsstudie
Show 2 more
Werkbaarheidscheque (stopgezet)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteWaregem2.084.792.393
Legal Entity Identifier
54930073DEONKAK7VQ67
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,657. 5 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-1997
Fiscal year end31-12
Trade name NL
Renson NV
Activities, NACEBEL
25530Machining of metals
25999Manufacture of fabricated metal products, except machinery and equipment
28520
66199Other activities auxiliary to financial services, excluding insurance and pension funding
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.