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ROYAL RENAS

Active
Private limited companyfounded 2021active for 5 yearsRooiboslaan 141, 2610 Antwerp, BelgiumKBO/BCE: BE 0766.304.948
Summary

The computed 12-month bankruptcy probability of ROYAL RENAS is 4.5% (elevated). The 2025 annual accounts show equity of €15,898 and a net result of -€182. Equity has been shrinking by about 5.6% per year since 2021. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 02-04-2021 Normal situation
Activity
Industriële bouwFrom the articles, 135 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board

Financial position

40 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.5%
Annual accounts 2025
Loss
€182
▼ 95.4%
Equity
€15,898
▼ 1.1%
Total assets
€20,245
▼ 0.4%
  • 2025 accounts filed 25 days after the deadline
Turnover not published (micro format)
Score breakdownraises riskFounded in 2021No main activity registeredNo registered site in the KBOLiquidity: current ratio 4.66Show the evidence

Checked score

Score 2025
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 56% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 78.5% of total assets
Liquidity 86+42
short-term debt 21.5%
Profitability 35+35
return on assets -0.9%
Bankruptcy probability within 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 4.2% 01-2025: 4.1%▼ -0.1 percentage points vs 12-2024 02-2025: 4.2%▲ +0.1 percentage points vs 01-2025 03-2025: 4.4%▲ +0.2 percentage points vs 02-2025 04-2025: 4.4%● unchanged vs 03-2025 05-2025: 4.6%▲ +0.2 percentage points vs 04-2025 06-2025: 4.6%● unchanged vs 05-2025 07-2025: 4.8%▲ +0.2 percentage points vs 06-2025 08-2025: 4.4%▼ -0.4 percentage points vs 07-2025 09-2025: 4.4%● unchanged vs 08-2025 10-2025: 4.4%● unchanged vs 09-2025 11-2025: 4.4%● unchanged vs 10-2025 12-2025: 4.4%● unchanged vs 11-2025 01-2026: 4.3%▼ -0.1 percentage points vs 12-2025 02-2026: 4.5%▲ +0.2 percentage points vs 01-2026 03-2026: 4.6%▲ +0.1 percentage points vs 02-2026 04-2026: 4.1%▼ -0.5 percentage points vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.1%▼ -0.1 percentage points vs 05-2026 07-2026: 4.0%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 5.1%▲ +1.1 percentage points vs 07-2026highest value 09-2026: 4.5%▼ -0.6 percentage points vs 08-2026 10-2026: 4.5%● unchanged vs 09-2026 11-2026: 4.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 4.66 (4.78 in 2024), above the usual 1.5. Short-term debt is 21.5% of total assets. 21.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 81% of them on solvency, 77% on liquidity, 25% on profitability and 41% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · No main activity registered
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Liquidity: current ratio 4.66
NBB · annual accounts
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filings
Deviation from the deadline
2025
25 days late
2024
4 days early
2023
28 days late
2022
20 days early
2021
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 5 accounts on average on the deadline day. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 05-11-2026 · 1 in office 1 joined · 2 left View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€182 View

Recent changes

  1. · Gazette deed Company renamed from Terra Trade to ROYAL RENASResignations: Gündüz Ufuk (director) and Üstün Mustafa Kemal (director) · Appointment: Uçar Sevinç (director) · Director discharge: Gündüz Ufuk
  2. · Gazette deed Incorporation
All 7 events

Key facts about ROYAL RENAS

What is the company number of ROYAL RENAS?
The company number of ROYAL RENAS is 0766.304.948. The VAT number is the same number with BE in front: BE 0766.304.948.
Where is ROYAL RENAS based?
The registered office is at Rooiboslaan 141, 2610 Antwerp.Company details
What is the legal form of ROYAL RENAS?
ROYAL RENAS is a private limited company (BV).
When was ROYAL RENAS founded?
ROYAL RENAS was founded on 02-04-2021.
Is ROYAL RENAS still active?
Yes, ROYAL RENAS is an active enterprise in the KBO register.
What is the turnover of ROYAL RENAS?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is ROYAL RENAS profitable?
In financial year 2025, ROYAL RENAS made a loss of €182.
Where can I find the annual accounts of ROYAL RENAS?
ROYAL RENAS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ROYAL RENAS due?
ROYAL RENAS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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