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RENTALIFT

Active Private limited companyfounded 2002active for 24 yearsCiepenstraat 28, 8870 IzegemKBO/BCE: BE 0476.404.315 subsidiary of TVH EQUIPMENT#6 company by equity in Izegem, Administrative and support services sector

Lifetime

20 annual accounts with figures on one time axis, 24 filings since 2002
peak €3.0m (2017)
€1.3m▼ 4.9%
peak €887,829 (2019)
€487,697▼ 12.6%
peak €4.7m (2018)
€2.6m▲ 23.2%
€1.3m▼ 47.3%
peak 9 FTE (2023)
7.1 FTE▼ 2.7%
Board6 names since 2019
3 directorsBrecht Loosveld and 2 others
Owners4 names in the annual accounts
100%TVH EQUIPMENT and 1 other
Documentsfilings and deeds
05-10-202626 days before the deadline
2026abbreviated format
Equity from €2.1m to €2.6mDebts from €2.5m to €1.3m

Key points

from the 2026 annual accounts

Equity

€2.6m from €4.7m in 2018

Equity fell by 45% in 8 years.

Staff

8 employees on 31-03-2026
202022122023012024112026

In 2026, 1 person joined and 1 left.

Payment terms

40 days to suppliers
Suppliers
50 to 40
Customers
71 to 51

RENTALIFT pays its suppliers 10 days earlier than in 2025. Customers pay 20 days earlier.

Liquidity

3.07 was 1.89 in 2025

Short-term debts fell from €2.3m to €1.2m.

Filings

24 annual accounts since 2002
deadline20102020

Three of the last ten came late. The 2022 accounts came latest: 121 days after the end of the period.

Position in the sector

€487,697

Higher net result than 95% of companies in rental and leasing. Sector median €21,459 · 63 companies.

Checked score

96
Excellent
Financially stronger than 69% of micro companies in rental and leasing (NACE 77)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,166 companies (NACE 77, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: 0.1%▲ +0.1 percentage points vs 09-2025highest value 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

92+21equity 66.7% of total assets
85+19short-term debt 31.6% · cash 39.0%
72-1return on assets 12.6%

Score breakdown

lowers risk
Liquidity: current ratio 3.07, cash €1.5m
Founded in 2002
Equity €2.6m (66.7% of total assets)
Profit of €487,697 (financial year 2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 77% of them on solvency, 89% on liquidity, 57% on profitability and 54% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-03-2026.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as RENTALIFT has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of RENTALIFT itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for RENTALIFT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €240,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.07 (1.89 in 2025), above the usual 1.5. Short-term debt is 31.6% and cash 39% of total assets. 33.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

6 signals, none raises the risk
Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.07, cash €1.5m
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €2.6m (66.7% of total assets)
NBB · annual accounts
lowers risk · Profit of €487,697 (financial year 2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €2.6m
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 05-10-2026, 26 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
26 days early
2025
23 days early
2024
17 days early
2023
7 days late
2022
121 days late
2021
25 days early
2020
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 14 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

BL
Director, since 23-12-2021
YL
Director, Kristof Coudenys, since 23-12-2021
SD
Director, Stefaan Forret
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0476404315
1 director appointed, 1 resignation Resignation: BV Amuloc · Permanent representatives: Luc Maertens and Stefaan Forret · Appointment: BV SF DRIVEN · General meeting of 19-04-2023 · Gazette deed
3 directors appointed, 2 resignations Resignations: BV ELFIL (managing director) and BV SIVA INVEST (managing director) · Permanent representatives: Filip Van den Dorpe, Simon Van den Dorpe, Kristof Coudenys and Luc Maertens · Appointments: Brecht Loosveld, BV YEL.LOW and BV AMULOC · General meeting of 23-12-2021 · Gazette deed
Environmental permit refused Een grond gebruiken, aanleggen of inrichten · Provincie West-Vlaanderen
All 39 events

Comparable companies

same main activity, similar in size and age
Company
RENTALIFT Izegem €3.9m €1.3m 66.7% 7.1
RMS8 Thimister-Clermont €4.2m €1.1m 14.8% 5.8
ALGEMENE ANTWERPSE STELLINGBOUW Herentals €3.0m €1.0m 21.2% 7.6
C.G. MAT Assesse €5.5m €2.2m 79.8% 8.3
MONDIA KLUBB GROUP Crisnée €2.9m €1.4m 5.2% 9
B.G. MAT Chimay €4.3m €1.1m 32.4% 3.9
HAECK JAN Bruges €5.0m €2.1m 24.2% 8.7

These companies have the same main activity as RENTALIFT: rental and leasing activities (NACE 77320). They are comparable in size and age: total assets between €2.9m and €5.5m, founded between 1993 and 2007.

Official details

Source: KBO
Status
Active since 11-01-2002Normal situation
Activity
Rental and leasing activitiesNACE 77320and 3 others
Establishment unit
2.101.588.5388870 Izegem, since 26-02-2002
Financial year end
31 March
Peppol
Reachable since 12-06-2025
Company details

Annual accounts to 31-03-2026

€3.9m▼ 14.8%
Employeeson 31-03-2026
8=
Filing
Filed on 05-10-2026, 26 days before the end of the filing period
Financials

Insights on RENTALIFT

RENTALIFT files the abbreviated format. That format states no turnover. The gross margin rose from €571,908 in 2006 to €1.3m in 2026.

TVH EQUIPMENT holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about RENTALIFT

What is the company number of RENTALIFT?
The company number of RENTALIFT is 0476.404.315. The VAT number is the same number with BE in front: BE 0476.404.315.
Where is RENTALIFT based?
The registered office is at Ciepenstraat 28, 8870 Izegem.Company details
What does RENTALIFT do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77320).
What is the legal form of RENTALIFT?
RENTALIFT is a private limited company (BV).
When was RENTALIFT founded?
RENTALIFT was founded on 11-01-2002.
Is RENTALIFT still active?
Yes, RENTALIFT is an active enterprise in the KBO register.
How many employees does RENTALIFT have?
RENTALIFT had an average of 7.1 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of RENTALIFT?
The turnover of RENTALIFT was €10.2m in financial year 2026, according to the filed annual accounts.
Is RENTALIFT profitable?
In financial year 2026, RENTALIFT made a profit of €487,697.
Where can I find the annual accounts of RENTALIFT?
RENTALIFT filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of RENTALIFT due?
RENTALIFT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

Next steps

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