RENVO
ActiveRENVO has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74k and a net result of €6k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability58▼-8
Solvency35=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.44 in 2023; short-term debt: 26.5% and cash: 1.1% of total assets), and 89.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 dateAge against the risk zone
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
10.2%
Return on assets
0.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 14%
← 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 31-08-2025, 31 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 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
1 d early
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€74k▲ 8.7%
2023 · €68k
2018: €32k
2019: €36k
2020: €37k
2021: €37k
2022: €46k
2023: €68k
2018 → 2024
Total assets
€722k▲ 1.3%
2023 · €713k
2018: €186k
2019: €164k
2020: €205k
2021: €261k
2022: €895k
2023: €713k
2018 → 2024
Net result
€6k▼ 73.1%
2023 · €22k
2018: €17k
2019: €4k
2020: €1k
2021: €621
2022: €9k
2023: €22k
2018 → 2024
Working capital
€-39k▲ 67.5%
2023 · €-121k
2018: €2k
2019: €14k
2020: €51k
2021: €84k
2022: €-112k
2023: €-121k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€37k▲ 1.7%€46k▲ 23.3%€68k▲ 47.5%€74k▲ 8.7%
Operating result€7k-€-3k€14k€40k▲ 182%€26k▼ 36.0%
Net result€1k-€621▼ 40.2%€9k▲ 1,304%€22k▲ 151%€6k▼ 73.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 36% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €722k
Fixed assets
€570k▼ 7.9%
Current assets
€152k▲ 62.2%
Equity and liabilities €722k
Equity
€74k▲ 8.7%
Debt
€648k▲ 0.5%
The debt ratio falls from 90.5% to 89.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▼
2023 · €85k
Cash flow
€56k▼
2023 · €67k
Solvency
10.2%▲
2023 · 9.5%
Current ratio
0.79▲
2023 · 0.44
Quick ratio
0.55▲
2023 · 0.20
Debt / equity
8.78▼
2023 · 9.49
ROE
8.0%▼
2023 · 32.2%
ROA
0.8%▼
2023 · 3.1%
Interest coverage
4.64▼
2023 · 5.25
Debt
€648k▲
2023 · €645k
Debt ≤ 1 year
€191k▼
2023 · €214k
Debt > 1 year
€453k▲
2023 · €428k
Income taxes
€4k▲
2023 · €2k
Staff costs
€133k▲
2023 · €124k
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€713k€722k▲
Fixed assets21/28€619k€570k▼
Intangible fixed assets21-€1k
Tangible fixed assets22/27€619k€569k▼
Land and buildings22€520k€498k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€94k€68k▼
Other tangible fixed assets26€329€164▼
Financial fixed assets28€130€130=
Current assets29/58€94k€152k▲
Stocks and contracts in progress3€51k€47k▼
Stocks30/36€51k€47k▼
Amounts receivable within one year40/41€34k€96k▲
Trade receivables40€10k€8k▼
Other amounts receivable41€24k€88k▲
Cash at bank and in hand54/58€5k€8k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€713k€722k▲
Equity10/15€68k€74k▲
Contributions10/11€6k€6k=
Reserves13€62k€68k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€62k€68k▲
Amounts payable17/49€645k€648k▲
Amounts payable after more than one year17€428k€453k▲
Financial debts170/4€428k€453k▲
Amounts payable within one year42/48€214k€191k▼
Current portion of amounts payable after more than one year42€51k€51k▲
Financial debts43€34k€40k▲
Credit institutions430/8€34k€40k▲
Trade debts44€47k€18k▼
Suppliers440/4€47k€18k▼
Advances received on contracts in progress46€23k€31k▲
Taxes, remuneration and social security45€18k€16k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€41k€35k▼
Accrued charges and deferred income492/3€2k€4k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€124k€133k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€50k▲
Other operating charges640/8€5k€5k▲
Non-recurring operating charges66A€13k€0▼
Gross operating margin9900€226k€214k▼
Operating profit (loss)9901€40k€26k▼
Financial income75/76B€97€393▲
Recurring financial income75€97€393▲
Financial charges65/66B€16k€16k▲
Recurring financial charges65€16k€16k▲
Profit (loss) for the period before taxes9903€24k€10k▼
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€22k€6k▼
Profit (loss) for the period to be appropriated9905€22k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€6k▼
Transfer to equity691/2€22k€6k▼
To other reserves6921€22k€6k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €22k ▲151%
Operating result €40k, net result €22k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €621 ▼40.2%
Net result drops to €621, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kruisem · 1 establishment unit since 2004
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.
Waterhoekstraat(HUS) 79770 KruisemGround area
1,098 m²
Building footprint
224 m²
Volume, LiDAR
836 m³
Parcel 45053C0259/00G002, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Waterhoekstraat(HUS) 7, 9770 Kruisem
since 20042.267.263.944
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45053C0259/00G002 | Flanders | 1,098 m² | 1 · 224 m² | 7.0 m · 1 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.
Similar companies · same sector, comparable size
MABOCON
BE 0865.479.728
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MAGIKPRO CONSTRUCT
BE 0782.653.705
Zaventem · Eq €74k
ALBO CONSULT
BE 0445.811.901
Ham · Eq €74k
AMT RENOVA
BE 0830.834.494
Etterbeek · Eq €74k
PIERREHUB
BE 0842.188.939
Schaarbeek · Eq €74k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,215 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-2004
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43421Specialised construction activities
43992Specialised construction activities
45310
47820Retail sale of motor vehicle parts and accessories
46720Wholesale of motor vehicle parts and accessories
47712Retail trade
50302
52422
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.