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RENTIES

Active
Public limited companyfounded 198937 yrs activeMeensesteenweg(Kor) 95, 8500 Kortrijk, BelgiumKBO/BCE: BE 0437.979.546

RENTIES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €795k and a net result of €-723k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 21% of 434 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-16
Solvency39▼-8
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.9 in 2024; short-term debt: 24.4% and cash: 2.6% of total assets), and 85.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 434 sector peers (2025).
NBB · sector comparison
Position among 434 sector peers
Solvency
better than 21%
← weakest strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
18 d early
2021
26 d early
2020
39 d early
2019
7 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 months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 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 2025, full schema

Source amounts without an identifiable currency are assumed to be EUR.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-723k
2024 · €3k
2018: €-218k 2019: €-422k 2020: €283k 2021: €679k 2022: €116k 2023: €82k 2024: €3k
2018 → 2025
Working capital
€-353k▼ 102%
2024 · €-175k
2018: €-540k 2019: €-1.24M 2020: €-84k 2021: €-28k 2022: €-2.18M 2023: €-1.26M 2024: €-175k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.32M-€1.43M▲ 8.8%€1.52M▲ 5.7%€1.52M▲ 0.2%€795k▼ 47.6%
Operating result€809k-€285k▼ 64.8%€270k▼ 5.1%€233k▼ 13.7%€-600k
Net result€679k-€116k▼ 82.9%€82k▼ 29.5%€3k▼ 96.0%€-723k
Result per fiscal year
Operating resultNet result
€-1.00M€-500k€0€500k€1.00MOperating result 2021: €809k€809kNet result 2021: €679k€679kOperating result 2022: €285k€285kNet result 2022: €116k€116kOperating result 2023: €270k€270kNet result 2023: €82k€82kOperating result 2024: €233k€233kNet result 2024: €3k€3kOperating result 2025: €-600k€-600kNet result 2025: €-723k€-723k20212022202320242025
The operating result turns negative in 2025: a loss of €600k after €233k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.60M
Fixed assets €4.59M▼ 13.4%
Current assets €1.01M▼ 32.1%
Equity and liabilities €5.60M
Equity €795k▼ 47.6%
Debt €4.80M▼ 8.9%
The debt ratio rises from 77.6% to 85.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€763k
2024 · €1.70M
Cash flow
€641k
2024 · €1.47M
Solvency
14.2%
2024 · 22.4%
Current ratio
0.74
2024 · 0.90
Quick ratio
0.72
2024 · 0.75
Debt / equity
6.04
2024 · 3.47
ROE
-90.9%
2024 · 0.2%
ROA
-12.9%
2024 · 0.0%
Interest coverage
6.25
2024 · 7.52
Debt
€4.80M
2024 · €5.27M
Debt ≤ 1 year
€1.36M
2024 · €1.66M
Debt > 1 year
€3.09M
2024 · €3.42M
Income taxes
€320
2024 · €4k
Staff costs
€365k
2024 · €266k
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€6.79M€5.60M
Fixed assets21/28€5.30M€4.59M
Intangible fixed assets21€23k€0
Tangible fixed assets22/27€5.28M€4.59M
Plant, machinery and equipment23€38k€28k
Furniture and vehicles24€4.69M€4.13M
Leasing and similar rights25€552k€430k
Financial fixed assets28€2k€2k
Current assets29/58€1.49M€1.01M
Stocks and contracts in progress3€241k€34k
Stocks30/36€241k€34k
Amounts receivable within one year40/41€1.12M€792k
Trade receivables40€1.06M€755k
Other amounts receivable41€64k€37k
Cash at bank and in hand54/58€81k€145k
Deferred charges and accrued income490/1€46k€40k
Equity and liabilities
Total equity and liabilities10/49€6.79M€5.60M
Equity10/15€1.52M€795k
Contributions10/11€214k€214k=
Capital10€214k€214k=
Issued capital100€214k€214k=
Reserves13€1.30M€973k
Non-distributable reserves130/1€21k€21k=
Legal reserve130€21k€21k=
Tax-exempt reserves132€945k€945k=
Distributable reserves133€338k€7k
Profit (loss) carried forward14-€-392k
Amounts payable17/49€5.27M€4.80M
Amounts payable after more than one year17€3.42M€3.09M
Financial debts170/4€343k€234k
Other amounts payable178/9€3.08M€2.86M
Amounts payable within one year42/48€1.66M€1.36M
Current portion of amounts payable after more than one year42€151k€109k
Financial debts43€565k€565k=
Credit institutions430/8€565k€565k=
Trade debts44€91k€42k
Suppliers440/4€91k€42k
Advances received on contracts in progress46€3k€0
Taxes, remuneration and social security45€33k€62k
Taxes450/3-€4k
Remuneration and social security454/9€33k€58k
Other amounts payable47/48€822k€587k
Accrued charges and deferred income492/3€184k€348k
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€266k€365k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.47M€1.36M
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€17k
Other operating charges640/8€259k€175k
Non-recurring operating charges66A€130k€5k
Gross operating margin9900€2.37M€1.33M
Operating profit (loss)9901€233k€-600k
Financial income75/76B€20€38
Recurring financial income75€20€38
Financial charges65/66B€226k€122k
Recurring financial charges65€226k€122k
Profit (loss) for the period before taxes9903€7k€-723k
Income taxes67/77€4k€320
Profit (loss) for the period9904€3k€-723k
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€3k€-723k
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-723k
Transfer from equity791/2-€331k
Transfer to equity691/2€3k€0
To other reserves6921€3k€0
Social balance
Average headcount (FTE)90875.56.2

The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet €-723k ▼22353%
Net result drops to €-723k, the lowest in the series.
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €679k ▲140%
Operating result €809k, net result €679k, both a record.
31-12
Financial Equity above €1MEq €1.32M ▲106%
2 profitable years in a row build equity to €1.32M.
22-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €283k
Net result €283k after 2 loss-making years.
31-12
Financial Equity above €500kEq €638k ▲79.9%
Equity rises from €355k to €638k.
24-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
16-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-07
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.

Directors · office · real estate

Directors
8 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, Kortrijk · 1 establishment unit since 1989
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.

Meensesteenweg(Kor) 958500 Kortrijk
Ground area
7,656 m²
Building footprint
1,221 m²
Volume, LiDAR
9,229 m³
Parcel 34352A0006/00K000, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Renties
Meensesteenweg(Kor) 95, 8500 KortrijkNACE 6024103
since 19892.044.677.846
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34352A0006/00K000 Flanders 7,656 m² 1 · 1,221 m² 10.0 m · 3 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 6 entries · 19,950 EUR awarded · 19,547 EUR paid
Year Entries awardedpaid
2025 1 -8,555 EUR0 EUR
2024 2 403 EUR1,183 EUR
2023 2 27,738 EUR18,000 EUR
2022 1 364 EUR364 EUR
Schemes
Subsidies ecologisch en veilig transport (stopgezet)
1 entry · 18,000 EUR · 18,000 EUR paid · Departement Mobiliteit en Openbare Werken
Werkbaarheidscheque (stopgezet)
3 entries · 1,183 EUR · 1,183 EUR paid · Departement Werk en Sociale Economie
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 767 EUR · 364 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,443 companies in sector 77110 we hold annual accounts for 726. 383 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded18-07-1989
Fiscal year end31-12
Activities, NACEBEL
71100
77110Renting and leasing of cars and light motor vehicles
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
50200
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.