SK RENOVATIONS
ActiveSK RENOVATIONS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €249k and a net result of €27k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+11
Solvency100▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 5.16 against 2.66 in 2024; short-term debt: 12.3% and cash: 56.9% of total assets), and 21.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
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
78.6%
Return on assets
8.5%
Age of the figures
9 mo
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
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
38 d early
2023
47 d early
2022
304 d late
2021
303 d late
2020
27 d late
2019
153 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27k
2024 · €-2k
2019: €18k
2020: €-6k
2021: €17k
2022: €33k
2023: €13k
2024: €-2k
2019 → 2025
Working capital
€162k▼ 10.4%
2024 · €180k
2019: €127k
2020: €129k
2021: €157k
2022: €201k
2023: €159k
2024: €180k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€178k-€211k▲ 18.6%€223k▲ 6.0%€222k▼ 0.7%€249k▲ 12.1%
Operating result€24k-€49k▲ 105%€17k▼ 65.3%€-2k€46k
Net result€17k-€33k▲ 98.1%€13k▼ 61.9%€-2k€27k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €46k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €316k
Fixed assets
€116k▲ 117%
Current assets
€201k▼ 30.6%
Equity and liabilities €316k
Equity
€249k▲ 12.1%
Debt
€67k▼ 44.0%
The debt ratio falls from 35.2% to 21.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€61k▲
2024 · €31k
Cash flow
€42k▲
2024 · €31k
Solvency
78.6%▲
2024 · 64.8%
Current ratio
5.16▲
2024 · 2.66
Quick ratio
5.16▲
2024 · 2.66
Debt / equity
0.27▼
2024 · 0.54
ROE
10.8%▲
2024 · -0.7%
ROA
8.5%▲
2024 · -0.5%
Interest coverage
19.79▼
2024 · 213.34
Debt
€67k▼
2024 · €121k
Debt ≤ 1 year
€39k▼
2024 · €109k
Debt > 1 year
€29k▲
2024 · €12k
Income taxes
€17k
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€342k€316k▼
Fixed assets21/28€53k€116k▲
Tangible fixed assets22/27€53k€115k▲
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€45k€105k▲
Assets under construction and advance payments27€5k€5k=
Financial fixed assets28€422€422=
Current assets29/58€289k€201k▼
Amounts receivable within one year40/41€121k€14k▼
Trade receivables40€101k€4k▼
Other amounts receivable41€20k€10k▼
Cash at bank and in hand54/58€159k€180k▲
Deferred charges and accrued income490/1€9k€6k▼
Equity and liabilities
Total equity and liabilities10/49€342k€316k▼
Equity10/15€222k€249k▲
Contributions10/11€30k€30k=
Reserves13€16k€16k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Tax-exempt reserves132€13k€13k=
Profit (loss) carried forward14€176k€203k▲
Amounts payable17/49€121k€67k▼
Amounts payable after more than one year17€12k€29k▲
Financial debts170/4€12k€29k▲
Amounts payable within one year42/48€109k€39k▼
Current portion of amounts payable after more than one year42€85k€16k▼
Trade debts44€19k€10k▼
Suppliers440/4€19k€10k▼
Taxes, remuneration and social security45€4k€12k▲
Taxes450/3-€12k
Remuneration and social security454/9€4k-
Income statement
Code20242025
Non-recurring operating income76A€19€12k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€15k▼
Other operating charges640/8€3k€762▼
Gross operating margin9900€34k€62k▲
Operating profit (loss)9901€-2k€46k▲
Financial income75/76B€292€381▲
Recurring financial income75€292€381▲
Financial charges65/66B€146€3k▲
Recurring financial charges65€146€3k▲
Profit (loss) for the period before taxes9903€-2k€43k▲
Income taxes67/77-€17k
Profit (loss) for the period9904€-2k€27k▲
Profit (loss) for the period to be appropriated9905€-2k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€176k€203k▲
Profit (loss) brought forward from the previous period14P€177k€176k▼
The notes to these accounts (8 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 304 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 7.17
Current ratio from 2.65 to 7.17; short-term debt falls from €122k to €26k.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 303 days late
2022
31-12
Financial
Highest result since 2019net €33k ▲98.1%
Operating result €49k, net result €33k, both a record.
31-12
Financial
Equity above €200kEq €211k ▲18.6%
2 profitable years in a row build equity to €211k.
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-6k ▼133%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 211 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Jette · 1 establishment unit since 2011
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.
Leopold I straat 3941090 JetteGround area
181 m²
Building footprint
76 m²
Volume, LiDAR
622 m³
Parcel 21464D0176/00G032, Brussels · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Leopold I straat 394, 1090 Jette
since 20112.202.822.290
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0176/00G032 | Brussels | 181 m² | 1 · 76 m² | 12.2 m · 3 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
BIK KNOKKE
BE 0476.943.753
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JASON FILEZ
BE 0674.873.936
Tielt · Eq €248k
PAINTERIOR
BE 0879.512.559
Oosterzele · Eq €248k
OLIVER’S RENOVATION
BE 0715.649.271
Elsene · Eq €247k
TOPGLANS
BE 0456.543.267
Sint-Truiden · Eq €247k
Of 7,864 companies in sector 43341 we hold annual accounts for 2,664. 1,925 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2011
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
43230Insulation installation
43291Specialised construction activities
43310Plastering work
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.