Renurbis
ActiveSummary
Renurbis has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €-13k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 65% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-64
Solvency74▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 3.37 in 2024; short-term debt: 21.1% and cash: 11.2% of total assets), but 50.6% of the assets are financed with debt.
Credit check for your own amount and term
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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
49.4%
Return on assets
-5.2%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
4 d late
2023
2 d early
2022
on the day
2021
6 d early
2020
10 d early
2019
24 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€122k▼ 9.5%
2024 · €135k
2019: €37klowest in 7 years
2020: €49k▲ +31.3% vs 2019
2021: €76k▲ +53.6% vs 2020
2022: €106k▲ +39.6% vs 2021
2023: €94k▼ -10.5% vs 2022
2024: €135k▲ +43.4% vs 2023highest in 7 years
2025: €122k▼ -9.5% vs 2024
2019 → 2025
Total assets
€248k▼ 2.6%
2024 · €255k
2019: €154klowest in 7 years
2020: €180k▲ +16.8% vs 2019
2021: €211k▲ +17.3% vs 2020
2022: €230k▲ +9.3% vs 2021
2023: €210k▼ -8.7% vs 2022
2024: €255k▲ +21.2% vs 2023highest in 7 years
2025: €248k▼ -2.6% vs 2024
2019 → 2025
Net result
€-13k
2024 · €41k
2019: €19k
2020: €12k▼ -37.9% vs 2019
2021: €26k▲ +125% vs 2020
2022: €30k▲ +13.5% vs 2021
2023: €-11k▼ -137% vs 2022
2024: €41k▲ +468% vs 2023highest in 7 years
2025: €-13k▼ -131% vs 2024lowest in 7 years
2019 → 2025
Working capital
€53k▼ 44.6%
2024 · €95k
2019: €137k
2020: €164k▲ +19.6% vs 2019
2021: €186k▲ +13.1% vs 2020highest in 7 years
2022: €175k▼ -5.7% vs 2021
2023: €37k▼ -78.8% vs 2022lowest in 7 years
2024: €95k▲ +155% vs 2023
2025: €53k▼ -44.6% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€106k▲ 39.6%€94k▼ 10.5%€135k▲ 43.4%€122k▼ 9.5%
2021: €76klowest in 5 years
2022: €106k▲ +39.6% vs 2021
2023: €94k▼ -10.5% vs 2022
2024: €135k▲ +43.4% vs 2023highest in 5 years
2025: €122k▼ -9.5% vs 2024
Operating result€39k-€42k▲ 6.2%€-17k€24k€-9k
2021: €39k
2022: €42k▲ +6.2% vs 2021highest in 5 years
2023: €-17k▼ -140% vs 2022lowest in 5 years
2024: €24k▲ +244% vs 2023
2025: €-9k▼ -140% vs 2024
Net result€26k-€30k▲ 13.5%€-11k€41k€-13k
2021: €26k
2022: €30k▲ +13.5% vs 2021
2023: €-11k▼ -137% vs 2022
2024: €41k▲ +468% vs 2023highest in 5 years
2025: €-13k▼ -131% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248k
Fixed assets
€143k ▲ 19.7%
Current assets
€105k ▼ 22.3%
Equity and liabilities €248k
Equity
€122k ▼ 9.5%
Debt
€126k ▲ 5.3%
Debt's share of the balance-sheet total rises from 46.9% to 50.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €38k
Cash flow
€1k▼
2024 · €55k
Current ratio
2.00▼
2024 · 3.37
Debt to equity
1.03▲
2024 · 0.88
ROE
-10.5%▼
2024 · 30.2%
ROA
-5.2%▼
2024 · 16.1%
Interest coverage
1.51▼
2024 · 6.06
Debt ≤ 1 year
€52k▲
2024 · €40k
Debt > 1 year
€65k▼
2024 · €73k
Income taxes
€421▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€255k€248k▼
Fixed assets21/28€120k€143k▲
Intangible fixed assets21€46k€40k▼
Tangible fixed assets22/27€27k€18k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€25k€17k▼
Financial fixed assets28€47k€85k▲
Current assets29/58€135k€105k▼
Amounts receivable within one year40/41€77k€76k▼
Trade receivables40€72k€69k▼
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€56k€28k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€255k€248k▼
Equity10/15€135k€122k▼
Contributions10/11€19k€19k=
Reserves13€117k€104k▼
Distributable reserves133€117k€104k▼
Amounts payable17/49€119k€126k▲
Amounts payable after more than one year17€73k€65k▼
Financial debts170/4€73k€65k▼
Amounts payable within one year42/48€40k€52k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€883€900▲
Credit institutions430/8€883€900▲
Trade debts44€1k€123▼
Suppliers440/4€1k€123▼
Taxes, remuneration and social security45€11k€3k▼
Taxes450/3€11k€3k▼
Other amounts payable47/48€19k€40k▲
Accrued charges and deferred income492/3€7k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€3k€855▼
Gross operating margin9900€41k€5k▼
Operating profit (loss)9901€24k€-9k▼
Financial income75/76B€31k€0▼
Recurring financial income75€0€0▲
Non-recurring financial income76B€31k€0▼
Financial charges65/66B€8k€3k▼
Recurring financial charges65€6k€3k▼
Non-recurring financial charges66B€1k€0▼
Profit (loss) for the period before taxes9903€48k€-12k▼
Income taxes67/77€7k€421▼
Profit (loss) for the period9904€41k€-13k▼
Profit (loss) for the period to be appropriated9905€41k€-13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€-13k▼
Transfer from equity791/2€0€13k▲
Transfer to equity691/2€41k€0▼
To other reserves6921€41k€0▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €375 | €10k | €14k | €14k | = |
| Other operating charges640/8 | - | €590 | €36k | €3k | €855 | ▼ 75.3% |
| Gross operating margin9900 | €41k | €43k | €29k | €41k | €5k | ▼ 87.1% |
| Operating profit (loss)9901 | €39k | €42k | €-17k | €24k | €-9k | ▼ 140% |
| Financial income75/76B | - | €0 | €9k | €31k | €0 | ▼ 100.0% |
| Recurring financial income75 | €583 | €0 | €0 | €0 | €0 | - |
| Non-recurring financial income76B | - | - | €9k | €31k | €0 | ▼ 100% |
| Financial charges65/66B | - | €3k | €3k | €8k | €3k | ▼ 61.8% |
| Recurring financial charges65 | €5k | €3k | €3k | €6k | €3k | ▼ 52.7% |
| Non-recurring financial charges66B | - | - | - | €1k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €34k | €38k | €-11k | €48k | €-12k | ▼ 126% |
| Income taxes67/77 | €8k | €8k | €309 | €7k | €421 | ▼ 93.6% |
| Profit (loss) for the period9904 | €26k | €30k | €-11k | €41k | €-13k | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | €26k | €30k | €-11k | €41k | €-13k | ▼ 131% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €230k | €210k | €255k | €248k | ▼ 2.6% |
| Fixed assets21/28 | - | €41k | €139k | €120k | €143k | ▲ 19.7% |
| Intangible fixed assets21 | - | €10k | €51k | €46k | €40k | ▼ 12.1% |
| Tangible fixed assets22/27 | - | €2k | €35k | €27k | €18k | ▼ 31.6% |
| Plant, machinery and equipment23 | - | €2k | €3k | €2k | €1k | ▼ 35.3% |
| Furniture and vehicles24 | - | - | €32k | €25k | €17k | ▼ 31.3% |
| Financial fixed assets28 | - | €29k | €52k | €47k | €85k | ▲ 79.5% |
| Current assets29/58 | €211k | €190k | €71k | €135k | €105k | ▼ 22.3% |
| Stocks and contracts in progress3 | €97k | €137k | €0 | - | - | - |
| Stocks30/36 | - | €137k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €15k | €11k | €30k | €77k | €76k | ▼ 2.4% |
| Trade receivables40 | - | €8k | €26k | €72k | €69k | ▼ 4.0% |
| Other amounts receivable41 | - | €2k | €5k | €5k | €6k | ▲ 20.8% |
| Cash at bank and in hand54/58 | €99k | €42k | €39k | €56k | €28k | ▼ 50.6% |
| Deferred charges and accrued income490/1 | - | - | €2k | €1k | €2k | ▲ 6.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €230k | €210k | €255k | €248k | ▼ 2.6% |
| Equity10/15 | €76k | €106k | €94k | €135k | €122k | ▼ 9.5% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €57k | €87k | €76k | €117k | €104k | ▼ 11.0% |
| Non-distributable reserves130/1 | - | €2k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €0 | - | - | - |
| Distributable reserves133 | - | €85k | €76k | €117k | €104k | ▼ 11.0% |
| Amounts payable17/49 | €135k | €125k | €116k | €119k | €126k | ▲ 5.3% |
| Amounts payable after more than one year17 | €110k | €110k | €80k | €73k | €65k | ▼ 10.9% |
| Financial debts170/4 | - | €110k | €80k | €73k | €65k | ▼ 10.9% |
| Amounts payable within one year42/48 | €25k | €14k | €34k | €40k | €52k | ▲ 30.6% |
| Current portion of amounts payable after more than one year42 | - | - | €7k | €8k | €8k | ▲ 4.5% |
| Financial debts43 | - | €7k | €2k | €883 | €900 | ▲ 1.9% |
| Credit institutions430/8 | - | €7k | €2k | €883 | €900 | ▲ 1.9% |
| Trade debts44 | €10k | €5k | €338 | €1k | €123 | ▼ 88.8% |
| Suppliers440/4 | - | €5k | €338 | €1k | €123 | ▼ 88.8% |
| Taxes, remuneration and social security45 | - | €1k | €374 | €11k | €3k | ▼ 72.0% |
| Taxes450/3 | - | €1k | €374 | €11k | €3k | ▼ 72.0% |
| Other amounts payable47/48 | - | €2k | €24k | €19k | €40k | ▲ 109% |
| Accrued charges and deferred income492/3 | - | €411 | €2k | €7k | €9k | ▲ 29.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €30k | €-11k | €41k | €-13k | ▼ 131% |
| + Depreciation and write-downs630 | - | €375 | €10k | €14k | €14k | = |
| Operating cash flow (approximation) | €26k | €30k | €-2k | €55k | €1k | ▼ 98.0% |
| Investment in fixed assets (approximation) | - | - | €-108k | €5k | €-38k | ▼ 808% |
| Change in cash | - | €-57k | €-2k | €17k | €-28k | ▼ 270% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series.
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
30-06
Financial
Equity above €100kEq €135k ▲43.4%
Equity rises from €94k to €135k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €106k ▲39.6%
4 profitable years in a row build equity to €106k.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2018
Ground area
441 m²
Building footprint
88 m²
Volume, LiDAR
789 m³
Parcel 44809I0432/00G004, Flanders · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Renurbis
since 20182.272.267.659
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0432/00G004 | Flanders | 441 m² | 1 · 88 m² | 14.2 m · 3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,129 EUR awarded · 2,129 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 509 EUR | 509 EUR |
| 2024 | 1 | 1,620 EUR | 1,620 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,235 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2018
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
68121Development of residential building projects
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.