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RENTKO

Active
Private limited companyfounded 200422 yrs activeAlfons Braeckmanlaan 235, 9040 Gent, BelgiumKBO/BCE: BE 0863.326.526
Summary

RENTKO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €119,161 and a net result of €7,783. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

What they do
Organisation of conventions and trade shows
NACE 82300NACE 71340Renting and leasing of other machinery, equipment and tangible goods NACE 77399
1 site
How big
€284,423total assets 2024
Equity
€119,161
Profit
€7,783
Turnover not published (abridged schema)
Financially healthy?
69 Healthy Checked score 2024
Bankruptcy chance 12 m
0.3%
Who decides
Accounts 62 d overdue0 of 3 deeds read
Why 69- Annual accounts: weaker financial profile+ Lower-failure-rate sector+ Long track recordFiled after the deadlineShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability72▼-6
Solvency67▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days acceptable
Liquidity tight (current ratio 1.09 against 0.87 in 2023; short-term debt: 49.3% and cash: 22.7% of total assets), and 58.1% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Four 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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
41.9%
Return on assets
2.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-10-2025, 81 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
81 d late
2023
65 d late
2022
100 d late
2021
92 d late
2020
46 d late
2019
105 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 82 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Equity above €100,000Eq €111,377 ▲24.4%

Financials

Fiscal year 2024Total assets €284,423Profit €7,783Solvency 41.9%Liquidity 1.09
Total assets
€284,423▼ 3.9%
2018 - 2024
Net result
€7,783▼ 64.3%
2018 - 2024
Equity
€119,161▲ 7.0%
2018 - 2024
Staff (FTE)
2▲ 33.3%
2018 - 2023

Financials · fiscal year 2024, micro schema

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

Trend over the years7 fiscal years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€60,332€13,503€67,264▲ 398%€30,659▼ 54.4%€16,198▼ 47.2%
Net result-€63,659below the sector's middle half€10,163within the sector's middle half€64,473above the sector's middle half▲ 534%€21,815within the sector's middle half▼ 66.2%€7,783within the sector's middle half▼ 64.3%
Equity€34,926within the sector's middle half▼ 64.6%€45,089within the sector's middle half▲ 29.1%€89,562within the sector's middle half▲ 98.6%€111,377within the sector's middle half▲ 24.4%€119,161within the sector's middle half▲ 7.0%
Total assets€139,201within the sector's middle half▼ 29.8%€127,621within the sector's middle half▼ 8.3%€191,220within the sector's middle half▲ 49.8%€296,114within the sector's middle half▲ 54.9%€284,423within the sector's middle half▼ 3.9%
Debt€104,275▲ 4.4%€82,532▼ 20.9%€101,658▲ 23.2%€184,737▲ 81.7%€165,262▼ 10.5%
Working capital-€5,437within the sector's middle half€10,420within the sector's middle half€47,298within the sector's middle half▲ 354%-€22,765below the sector's middle half€12,510within the sector's middle half
Solvency25.1%within the sector's middle half▼ 24.6pp35.3%within the sector's middle half▲ 10.2pp46.8%within the sector's middle half▲ 11.5pp37.6%within the sector's middle half▼ 9.2pp41.9%within the sector's middle half▲ 4.3pp
Current ratio0.93within the sector's middle half▼ 0.751.13within the sector's middle half▲ 0.201.51within the sector's middle half▲ 0.380.87below the sector's middle half▼ 0.641.09within the sector's middle half▲ 0.22
Return on assets (ROA)-45.7%below the sector's middle half▼ 56.9pp8.0%within the sector's middle half▲ 53.7pp33.7%above the sector's middle half▲ 25.8pp7.4%within the sector's middle half▼ 26.3pp2.7%within the sector's middle half▼ 4.6pp
Staff (FTE)1.6within the sector's middle half▲ 33.3%1.6=1.5▼ 6.3%2▲ 33.3%
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0€50,000Operating result 2020: -€60,332-€60,332Net result 2020: -€63,659-€63,659Operating result 2021: €13,503€13,503Net result 2021: €10,163€10,163Operating result 2022: €67,264€67,264Net result 2022: €64,473€64,473Operating result 2023: €30,659€30,659Net result 2023: €21,815€21,815Operating result 2024: €16,198€16,198Net result 2024: €7,783€7,78320202021202220232024€0€20,000€40,000€60,000Operating result 2022: €67,264€67,300Net result 2022: €64,473€64,500Operating result 2023: €30,659€30,700Net result 2023: €21,815€21,800Operating result 2024: €16,198€16,200Net result 2024: €7,783€7,780202220232024
The operating result has fallen two years in a row; 2024 is 47% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €284,423
Fixed assets €131,686 ▼ 5.1%
Current assets €152,737 ▼ 2.9%
Equity and liabilities €284,423
Equity €119,161 ▲ 7.0%
Debt €165,262 ▼ 10.5%
Debt's share of the balance-sheet total falls from 62.4% to 58.1%. Equity is higher and debt is lower.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€47,595▼
2023 · €53,410
Cash flow
€39,180▼
2023 · €44,566
Debt to equity
1.39▼
2023 · 1.66
ROE
6.5%▼
2023 · 19.6%
Interest coverage
8.72▼
2023 · 17.01
Debt ≤ 1 year
€140,227▼
2023 · €180,116
Debt > 1 year
€22,396▲
2023 · €3,750
Income taxes
€3,237▼
2023 · €6,307
Staff costs
€44,896▼
2023 · €49,282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet Code20232024
Assets
Total assets20/58€296,114€284,423▼
Fixed assets21/28€138,764€131,686▼
Tangible fixed assets22/27€135,611€128,614▼
Plant, machinery and equipment23€51,145€55,965▲
Furniture and vehicles24€82,246€70,794▼
Other tangible fixed assets26€2,220€1,855▼
Financial fixed assets28€3,152€3,072▼
Current assets29/58€157,351€152,737▼
Amounts receivable within one year40/41€48,296€87,766▲
Trade receivables40€24,865€64,427▲
Other amounts receivable41€23,431€23,339▼
Cash at bank and in hand54/58€109,054€64,440▼
Deferred charges and accrued income490/1-€530
Equity and liabilities
Total equity and liabilities10/49€296,114€284,423▼
Equity10/15€111,377€119,161▲
Contributions10/11€43,500€43,500=
Reserves13€66,718€74,718▲
Non-distributable reserves130/1€4,350€4,350=
Other1319€4,350€4,350=
Tax-exempt reserves132€8,368€8,368=
Distributable reserves133€54,000€62,000▲
Profit (loss) carried forward14€1,159€942▼
Amounts payable17/49€184,737€165,262▼
Amounts payable after more than one year17€3,750€22,396▲
Financial debts170/4€3,750€22,396▲
Amounts payable within one year42/48€180,116€140,227▼
Current portion of amounts payable after more than one year42€7,500€9,753▲
Trade debts44€131,216€67,371▼
Suppliers440/4€131,216€67,371▼
Advances received on contracts in progress46€3,793€3,955▲
Taxes, remuneration and social security45€15,697€21,937▲
Taxes450/3€9,027€15,291▲
Remuneration and social security454/9€6,670€6,647▼
Other amounts payable47/48€21,909€37,211▲
Accrued charges and deferred income492/3€871€2,639▲
Income statement Code20232024
Non-recurring operating income76A-€23,788
Remuneration, social security and pensions62€49,282€44,896▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,751€31,397▲
Other operating charges640/8€3,103€2,271▼
Non-recurring operating charges66A-€23,475
Gross operating margin9900€105,795€118,238▲
Operating profit (loss)9901€30,659€16,198▼
Financial income75/76B€601€282▼
Recurring financial income75€601€282▼
Financial charges65/66B€3,139€5,460▲
Recurring financial charges65€3,139€5,460▲
Profit (loss) for the period before taxes9903€28,122€11,020▼
Income taxes67/77€6,307€3,237▼
Profit (loss) for the period9904€21,815€7,783▼
Profit (loss) for the period to be appropriated9905€21,815€7,783▼
Appropriation of the result
Profit (loss) to be appropriated9906€31,159€8,942▼
Profit (loss) brought forward from the previous period14P€9,344€1,159▼
Transfer to equity691/2€30,000€8,000▼
To the legal reserve6920€30,000€8,000▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A----€23,788-
Remuneration, social security and pensions62-€23,902€31,690€49,282€44,896▼ 8.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,798€31,444€21,346€22,751€31,397▲ 38.0%
Other operating charges640/8-€1,892€1,875€3,103€2,271▼ 26.8%
Non-recurring operating charges66A--€918-€23,475-
Gross operating margin9900-€6,190€70,741€123,094€105,795€118,238▲ 11.8%
Operating profit (loss)9901-€60,332€13,503€67,264€30,659€16,198▼ 47.2%
Financial income75/76B-€252€733€601€282▼ 53.1%
Recurring financial income75€17€252€733€601€282▼ 53.1%
Financial charges65/66B-€3,367€2,296€3,139€5,460▲ 73.9%
Recurring financial charges65€3,132€3,067€2,296€3,139€5,460▲ 73.9%
Non-recurring financial charges66B-€300----
Profit (loss) for the period before taxes9903-€63,447€10,387€65,701€28,122€11,020▼ 60.8%
Income taxes67/77€212€224€1,228€6,307€3,237▼ 48.7%
Profit (loss) for the period9904-€63,659€10,163€64,473€21,815€7,783▼ 64.3%
Profit (loss) for the period to be appropriated9905-€63,659€10,163€64,473€21,815€7,783▼ 64.3%
Line20202021202220232024Change
Assets
Total assets20/58€139,201€127,621€191,220€296,114€284,423▼ 3.9%
Fixed assets21/28€65,231€37,112€50,957€138,764€131,686▼ 5.1%
Tangible fixed assets22/27€62,198€33,960€47,805€135,611€128,614▼ 5.2%
Plant, machinery and equipment23-€29,047€44,819€51,145€55,965▲ 9.4%
Furniture and vehicles24-€1,961€400€82,246€70,794▼ 13.9%
Other tangible fixed assets26-€2,952€2,586€2,220€1,855▼ 16.5%
Financial fixed assets28€3,032€3,152€3,152€3,152€3,072▼ 2.5%
Current assets29/58€73,970€90,509€140,263€157,351€152,737▼ 2.9%
Amounts receivable within one year40/41€52,876€32,414€42,054€48,296€87,766▲ 81.7%
Trade receivables40-€15,157€21,719€24,865€64,427▲ 159%
Other amounts receivable41-€17,257€20,336€23,431€23,339▼ 0.4%
Cash at bank and in hand54/58€20,919€53,523€92,918€109,054€64,440▼ 40.9%
Deferred charges and accrued income490/1-€4,572€5,290-€530-
Equity and liabilities
Total equity and liabilities10/49€139,201€127,621€191,220€296,114€284,423▼ 3.9%
Equity10/15€34,926€45,089€89,562€111,377€119,161▲ 7.0%
Contributions10/11€43,500€43,500€43,500€43,500€43,500=
Reserves13€36,718€36,718€36,718€66,718€74,718▲ 12.0%
Non-distributable reserves130/1-€4,350€4,350€4,350€4,350=
Reserves not available under the articles1311-€4,350----
Other1319--€4,350€4,350€4,350=
Tax-exempt reserves132-€4,078€8,368€8,368€8,368=
Distributable reserves133-€28,291€24,000€54,000€62,000▲ 14.8%
Profit (loss) carried forward14-€45,292-€35,129€9,344€1,159€942▼ 18.7%
Amounts payable17/49€104,275€82,532€101,658€184,737€165,262▼ 10.5%
Amounts payable after more than one year17€20,465€1,299€7,500€3,750€22,396▲ 497%
Financial debts170/4-€1,299€7,500€3,750€22,396▲ 497%
Amounts payable within one year42/48€79,407€80,089€92,964€180,116€140,227▼ 22.1%
Current portion of amounts payable after more than one year42-€9,166€8,799€7,500€9,753▲ 30.0%
Trade debts44€18,465€16,657€26,210€131,216€67,371▼ 48.7%
Suppliers440/4-€16,657€26,210€131,216€67,371▼ 48.7%
Advances received on contracts in progress46-€1,801€3,272€3,793€3,955▲ 4.3%
Taxes, remuneration and social security45-€21,900€13,212€15,697€21,937▲ 39.8%
Taxes450/3-€17,855€9,524€9,027€15,291▲ 69.4%
Remuneration and social security454/9-€4,045€3,688€6,670€6,647▼ 0.4%
Other amounts payable47/48-€30,566€41,472€21,909€37,211▲ 69.8%
Accrued charges and deferred income492/3-€1,144€1,193€871€2,639▲ 203%
Line20202021202220232024Change
Profit (loss) for the period9904-€63,659€10,163€64,473€21,815€7,783▼ 64.3%
+ Depreciation and write-downs630€37,798€31,444€21,346€22,751€31,397▲ 38.0%
Operating cash flow (approximation)-€25,861€41,607€85,820€44,566€39,180▼ 12.1%
Investment in fixed assets (approximation)--€3,325-€35,192-€110,557-€24,320▲ 78.0%
Change in cash-€32,604€39,395€16,136-€44,614▼ 376%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Comparable companies5

Similar companies · same sector, comparable size

Of 4,581 companies in this sector we hold annual accounts for 1,674. 1,308 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Timeline

14 eventsLatest 20-10-2025

History

RENTKO was incorporated on 10 February 2004.1 Total assets rose from €161,919 in 2018 to €284,423 in 2024 and headcount from 1.2 full-time equivalents in 2018 to 2 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2023 and 2024

Acts, filings and financial milestones

2025
20-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 81 days late
2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial Equity above €100,000Eq €111,377 ▲24.4%
3 profitable years in a row build equity to €111,377.
08-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
31-12
Financial Highest result since 2018net €64,473 ▲534%
Operating result €67,264, net result €64,473, both a record.
31-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial Back to profitnet €10,163
Net result €10,163 after one loss-making year.
15-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
31-12
Financial Weakest financial yearnet -€63,659
Net result drops to -€63,659, the lowest in the series; recovery starts the following year.
13-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 105 days late
2019
07-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
18-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 49 days late
2017
10-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 71 days late
2016
10-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 71 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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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Support & recognitions

1 funding sourceFlanders €1,999
Flemish government
€1,999
awarded · 2022
Subsidies and aid1

Flemish government

2022 · 1 entry · €1,999 awarded · €1,999 paid
Year Entries awardedpaid
2022 1 €1,999€1,999
Schemes
1 entry · €1,999 · €1,999 paid · Fonds voor Innoveren en Ondernemen

Company details

Private limited company · founded 10-02-2004Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPrivate limited company
Founded10-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
82300Organisation of conventions and trade shows
77223Rental and leasing activities
Contact
E-mail info@dwsverhuur.beGent
Phone 09.230.27.19Gent
Fax 09.230.27.14Gent
E-invoicing
Reachable via Peppol
Peppol ID 0208:0863326526
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1,676 m²
Building footprint
311 m²
Volume, LiDAR
1,777 m³
Parcel 44432C0082/00K002, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DWC VERHUUR
Alfons Braeckmanlaan 235, 9040 GentNACE 7134005
since 2004unit no. 2.135.696.114
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44432C0082/00K002 Flanders 1,676 m² 1 · 311 m² 7.5 m · 2 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.

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