RONIN CONCEPT
ActiveThe computed 12-month bankruptcy probability of RONIN CONCEPT is 2.0% (moderate). The 2025 annual accounts show equity of €44k and a net result of €13k. Its solvency ranks better than 85% of 7431 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency100▲+2
Growth52
Track record82
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 3.67 against 2.45 in 2024; short-term debt: 23% and cash: 0.1% of total assets), and 23% 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77%
Return on assets
23.1%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
7 d early
2024
28 d late
← 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 monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€44k▲ 42.8%
2024 · €31k
2024: €31k
2024 → 2025
Total assets
€57k▲ 36.0%
2024 · €42k
2024: €42k
2024 → 2025
Net result
€13k▼ 55.8%
2024 · €30k
2024: €30k
2024 → 2025
Working capital
€35k▲ 116%
2024 · €16k
2024: €16k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€31k-€44k▲ 42.8%
Operating result€37k-€15k▼ 58.2%
Net result€30k-€13k▼ 55.8%
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 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €57k
Fixed assets
€9k▼ 39.6%
Current assets
€49k▲ 76.0%
Equity and liabilities €57k
Equity
€44k▲ 42.8%
Debt
€13k▲ 17.3%
The debt ratio falls from 26.7% to 23.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €39k
Cash flow
€19k▼
2024 · €33k
Solvency
77.0%▲
2024 · 73.3%
Current ratio
3.67▲
2024 · 2.45
Quick ratio
3.67▲
2024 · 2.45
Debt / equity
0.30▼
2024 · 0.36
ROE
30.0%▼
2024 · 96.8%
ROA
23.1%▼
2024 · 70.9%
Interest coverage
86.62▼
2024 · 458.36
Debt
€13k▲
2024 · €11k
Debt ≤ 1 year
€13k▲
2024 · €11k
Income taxes
€3k▼
2024 · €8k
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€42k€57k▲
Fixed assets21/28€15k€9k▼
Tangible fixed assets22/27€15k€9k▼
Furniture and vehicles24€15k€9k▼
Current assets29/58€28k€49k▲
Amounts receivable within one year40/41€26k€47k▲
Trade receivables40-€927
Other amounts receivable41€26k€46k▲
Cash at bank and in hand54/58€3€60▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€42k€57k▲
Equity10/15€31k€44k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€30k€43k▲
Amounts payable17/49€11k€13k▲
Amounts payable within one year42/48€11k€13k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€8k€11k▲
Taxes450/3€8k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€325€451▲
Gross operating margin9900€40k€22k▼
Operating profit (loss)9901€37k€15k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€86€244▲
Recurring financial charges65€86€244▲
Profit (loss) for the period before taxes9903€38k€17k▼
Income taxes67/77€8k€3k▼
Profit (loss) for the period9904€30k€13k▼
Profit (loss) for the period to be appropriated9905€30k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€43k▲
Profit (loss) brought forward from the previous period14P-€30k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Grimbergen · 1 establishment unit since 2023
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.
Jozef Van Elewijckstraat 221853 GrimbergenGround area
996 m²
Building footprint
404 m²
Volume, LiDAR
4,495 m³
2 parcels, Brussels, Flanders · tallest building 18.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RONIN CONCEPT
since 20232.352.685.114
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0526/00N004 | Flanders | 688 m² | 1 · 220 m² | 14.3 m · 4 fl. |
| 21001A0599/00K014 | Brussels | 309 m² | 1 · 184 m² | 18.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
AFRO CONSTRUCT
BE 0801.719.945
Sint-Niklaas · Eq €44k
F.A-CONSTRUCT
BE 0627.920.194
La Louvière · Eq €44k
A BELLEMANS SPRL
BE 0694.685.294
Lontzen · Eq €44k
AK&zonen
BE 1003.977.912
Boom · Eq €44k
RE-NEW-VATIONS
BE 0729.643.403
Antwerpen · Eq €44k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,966 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-2023
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.