SN RENOVATION
ActiveThe computed 12-month bankruptcy probability of SN RENOVATION is 2.8% (moderate). The 2025 annual accounts show equity of €3k and a net result of €491. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 27% of 27446 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
78
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-21
Solvency46▼-1
Growth52=
Stability94
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.31 against 1.17 in 2024), and 74.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 3 filingsDeviation from the deadline
2025
28 d late
2024
20 d late
2023
26 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▲ 18.7%
2024 · €3k
2023: €2k
2024: €3k
2023 → 2025
Total assets
€12k▲ 28.4%
2024 · €9k
2023: €16k
2024: €9k
2023 → 2025
Net result
€491▼ 50.1%
2024 · €983
2023: €11k
2024: €983
2023 → 2025
Working capital
€3k▲ 137%
2024 · €1k
2023: €-2k
2024: €1k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€2k-€3k▲ 60.0%€3k▲ 18.7%
Operating result€12k-€2k▼ 87.2%€2k▲ 3.3%
Net result€11k-€983▼ 91.2%€491▼ 50.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12k
Fixed assets
€346▼ 76.2%
Current assets
€12k▲ 47.5%
Equity and liabilities €12k
Equity
€3k▲ 18.7%
Debt
€9k▲ 32.1%
The debt ratio rises from 72.2% to 74.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€3k▲
2024 · €3k
Cash flow
€2k▼
2024 · €2k
Solvency
25.7%▼
2024 · 27.8%
Current ratio
1.31▲
2024 · 1.17
Quick ratio
1.31▲
2024 · 1.17
Debt / equity
2.90▲
2024 · 2.60
ROE
15.8%▼
2024 · 37.5%
ROA
4.0%▼
2024 · 10.4%
Interest coverage
4.34▼
2024 · 23.49
Debt
€9k▲
2024 · €7k
Debt ≤ 1 year
€9k▲
2024 · €7k
Income taxes
€496▲
2024 · €465
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€9k€12k▲
Fixed assets21/28€1k€346▼
Tangible fixed assets22/27€1k€346▼
Plant, machinery and equipment23€1k€346▼
Current assets29/58€8k€12k▲
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€4k€1k▼
Other amounts receivable41€826€8k▲
Cash at bank and in hand54/58€19-
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€9k€12k▲
Equity10/15€3k€3k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€7k€9k▲
Amounts payable within one year42/48€7k€9k▲
Current portion of amounts payable after more than one year42-€3k
Trade debts44€4k€6k▲
Suppliers440/4€4k€6k▲
Taxes, remuneration and social security45€1k€663▼
Taxes450/3€1k€663▼
Other amounts payable47/48€1k-
Income statement
Code20242025
Non-recurring operating income76A€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€398€252▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€5k€3k▼
Operating profit (loss)9901€2k€2k▲
Financial charges65/66B€114€627▲
Recurring financial charges65€114€627▲
Profit (loss) for the period before taxes9903€1k€987▼
Income taxes67/77€465€496▲
Profit (loss) for the period9904€983€491▼
Profit (loss) for the period to be appropriated9905€983€491▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€3k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €491 ▼50.1%
Net result drops to €491, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Zemst · 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.
Brusselsesteenweg 2251980 ZemstGround area
276 m²
Building footprint
66 m²
Volume, LiDAR
517 m³
Parcel 23020C0100/00C002, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SN RENOVATION
since 20232.341.668.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23020C0100/00C002 | Flanders | 276 m² | 1 · 66 m² | 9.5 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
Willems Projecten
BE 0757.975.519
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B_A
BE 0805.572.825
Gent · Eq €3k
INTERMATECH
BE 0464.393.141
Perwez · Eq €3k
A3-construct
BE 0883.960.604
Overijse · Eq €3k
KüRT ORNELIS
BE 0747.936.415
Wielsbeke · Eq €3k
Of 739 companies in sector 43332 we hold annual accounts for 408. 86 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2023
Fiscal year end31-12
Activities, NACEBEL
43332Laying of wooden floor and wall coverings
43350Other building finishing work
43990Other specialised construction activities
43995Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.