Rentaltec
ActiveRentaltec has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €631k and a net result of €-526k. Equity is shrinking by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 21% of 142 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability59▼-6
Solvency32▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.74 in 2023; short-term debt: 35.1% and cash: 3.5% of total assets), and 93.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Sector 26
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 2024Solvency, return and age of the figures
Solvency
6.5%
Return on assets
-5.4%
Age of the figures
21 mo
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 dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-526k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 142 sector peers (2024).
NBB · sector comparisonPosition among 142 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
5 d late
2022
28 d late
2021
48 d early
2020
61 d late
2019
59 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€631k▼ 45.4%
2023 · €1.16M
2019: €1.12M
2020: €1.77M
2021: €1.99M
2022: €1.52M
2023: €1.16M
2019 → 2024
Total assets
€9.68M▼ 17.3%
2023 · €11.70M
2019: €5.35M
2020: €9.76M
2021: €11.19M
2022: €11.70M
2023: €11.70M
2019 → 2024
Net result
€-526k▼ 43.5%
2023 · €-366k
2019: €124k
2020: €444k
2021: €227k
2022: €-471k
2023: €-366k
2019 → 2024
Working capital
€-1.05M▼ 10.6%
2023 · €-950k
2019: €-788k
2020: €-1.21M
2021: €-1.78M
2022: €-1.21M
2023: €-950k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.77M-€1.99M▲ 12.8%€1.52M▼ 23.6%€1.16M▼ 24.1%€631k▼ 45.4%
Operating result€768k-€506k▼ 34.1%€-186k€199k€70k▼ 64.7%
Net result€444k-€227k▼ 48.9%€-471k€-366k▲ 22.1%€-526k▼ 43.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 65% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €9.68M
Fixed assets
€7.33M▼ 18.2%
Current assets
€2.34M▼ 14.3%
Equity and liabilities €9.68M
Equity
€631k▼ 45.4%
Provisions
€54k▼ 78.9%
Debt
€8.99M▼ 12.6%
The debt ratio rises from 87.9% to 92.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3.44M▼
2023 · €3.84M
Cash flow
€2.84M▼
2023 · €3.27M
Solvency
6.5%▼
2023 · 9.9%
Current ratio
0.69▼
2023 · 0.74
Quick ratio
0.69▼
2023 · 0.74
Debt / equity
14.24▲
2023 · 8.89
ROE
-83.3%▼
2023 · -31.7%
ROA
-5.4%▼
2023 · -3.1%
Interest coverage
5.64▼
2023 · 6.74
Debt
€8.99M▼
2023 · €10.29M
Debt ≤ 1 year
€3.39M▼
2023 · €3.68M
Debt > 1 year
€5.31M▼
2023 · €6.35M
Income taxes
€552▲
2023 · €457
Staff costs
€1.80M▲
2023 · €1.67M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€11.70M€9.68M▼
Fixed assets21/28€8.97M€7.33M▼
Intangible fixed assets21€157k€180k▲
Tangible fixed assets22/27€8.79M€7.13M▼
Plant, machinery and equipment23€6.80M€6.46M▼
Furniture and vehicles24€42k€40k▼
Leasing and similar rights25€1.89M€575k▼
Other tangible fixed assets26€63k€54k▼
Financial fixed assets28€25k€25k=
Current assets29/58€2.73M€2.34M▼
Amounts receivable after more than one year29€121k€209k▲
Other amounts receivable291€121k€209k▲
Stocks and contracts in progress3€3k€18k▲
Stocks30/36€3k€18k▲
Amounts receivable within one year40/41€1.45M€1.72M▲
Trade receivables40€1.27M€1.25M▼
Other amounts receivable41€178k€464k▲
Cash at bank and in hand54/58€1.13M€343k▼
Deferred charges and accrued income490/1€34k€56k▲
Equity and liabilities
Total equity and liabilities10/49€11.70M€9.68M▼
Equity10/15€1.16M€631k▼
Contributions10/11€1.20M€1.20M=
Capital10€1.20M€1.20M=
Issued capital100€1.20M€1.20M=
Reserves13€40k€40k=
Non-distributable reserves130/1€40k€40k=
Legal reserve130€40k€40k=
Profit (loss) carried forward14€-83k€-608k▼
Provisions and deferred taxes16€257k€54k▼
Provisions for liabilities and charges160/5€257k€54k▼
Other liabilities and charges164/5€257k€54k▼
Amounts payable17/49€10.29M€8.99M▼
Amounts payable after more than one year17€6.35M€5.31M▼
Financial debts170/4€6.35M€5.31M▼
Amounts payable within one year42/48€3.68M€3.39M▼
Current portion of amounts payable after more than one year42€2.01M€1.69M▼
Trade debts44€1.18M€1.05M▼
Suppliers440/4€1.18M€1.05M▼
Advances received on contracts in progress46€17k€13k▼
Taxes, remuneration and social security45€152k€208k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9€149k€204k▲
Other amounts payable47/48€317k€432k▲
Accrued charges and deferred income492/3€261k€291k▲
Income statement
Code20232024
Non-recurring operating income76A-€118k
Remuneration, social security and pensions62€1.67M€1.80M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.64M€3.36M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€359k€149k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-75k€-39k▲
Other operating charges640/8€8k€9k▲
Non-recurring operating charges66A€30k€25k▼
Gross operating margin9900€5.83M€5.38M▼
Operating profit (loss)9901€199k€70k▼
Financial income75/76B€4k€13k▲
Recurring financial income75€4k€13k▲
Financial charges65/66B€570k€609k▲
Recurring financial charges65€570k€609k▲
Profit (loss) for the period before taxes9903€-366k€-525k▼
Income taxes67/77€457€552▲
Profit (loss) for the period9904€-366k€-526k▼
Profit (loss) for the period to be appropriated9905€-366k€-526k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-608k▼
Profit (loss) brought forward from the previous period14P€284k€-83k▼
Social balance
Average headcount (FTE)908715.317.3▲
The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €-526k
Net result drops to €-526k, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 5 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Highest result since 2019net €444k ▲259%
Operating result €768k, net result €444k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Duffel · 1 establishment unit since 2018
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.
Walemstraat 82A2570 DuffelGround area
4.8 ha
Building footprint
921 m²
Parcel 12009E0644/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
Walemstraat 82A, 2570 Duffel
since 20182.277.493.682
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009E0644/00B000 | Flanders | 4.8 ha | 1 · 921 m² | - |
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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 35,008 EUR awarded · 33,796 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 548 EUR | 236 EUR |
| 2024 | 1 | 860 EUR | 3,560 EUR |
| 2023 | 2 | 33,600 EUR | 30,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 213 companies in sector 26510 we hold annual accounts for 166. 116 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-06-2018
Fiscal year end31-12
Trade name NL
Rentaltec Europe
Activities, NACEBEL
26510Manufacture of computer, electronic and optical products
77399Renting and leasing of other machinery, equipment and tangible goods
33120Repair and maintenance of machinery
46649Wholesale of other machinery and equipment
47120Other non-specialised retail sale
47910Retail trade
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.