USL RENO-CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of USL RENO-CONSTRUCT is 2.9% (moderate). The annual accounts of USL RENO-CONSTRUCT for fiscal year 2025 show a net loss of 122% of total assets and of 83% of the equity at the start of that year. The 2025 annual accounts show equity of €2,153 and a net result of -€10,182. Equity is shrinking by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 27% of 28806 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Other specialised construction activities
NACE 43990NACE 43995
1 site
How big
€8,336total assets 2025
- Equity
- €2,153
- Loss
- -€10,182
Who decides
Accounts 10 d early0 of 2 deeds read
Why 33- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile- Persistent losses+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-28
Solvency51▼-28
Growth32=
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.35 against 2.17 in 2024; short-term debt: 74.2% and cash: 8% of total assets), and 74.2% of the assets are financed with debt.
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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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
25.8%
Return on assets
-122.1%
Age of the figures
15 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€10,182
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 d early
2024
46 d early
2023
12 d early
2022
11 d early
2021
3 d early
2020
4 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 20 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€10,182
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €8,336Loss -€10,182Solvency 25.8%Liquidity 1.35
Total assets
€8,336▼ 63.6%
2019 - 2025
Net result
-€10,182▼ 24,891%
2019 - 2025
Equity
€2,153▼ 82.5%
2019 - 2025
Solvency
25.8%▼ 28.0pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,081▼ 70.6%€277-€2,112€367-€9,867
Net result-€3,312below the sector's middle half▼ 46.0%-€57below the sector's middle half▲ 98.3%-€2,446below the sector's middle half▼ 4,189%-€41below the sector's middle half▲ 98.3%-€10,182below the sector's middle half▼ 24,891%
Equity€14,879below the sector's middle half▼ 18.2%€14,822below the sector's middle half▼ 0.4%€12,376below the sector's middle half▼ 16.5%€12,335below the sector's middle half▼ 0.3%€2,153below the sector's middle half▼ 82.5%
Total assets€24,959below the sector's middle half▼ 26.3%€23,867below the sector's middle half▼ 4.4%€21,419below the sector's middle half▼ 10.3%€22,912below the sector's middle half▲ 7.0%€8,336below the sector's middle half▼ 63.6%
Debt€10,081▼ 35.7%€9,045▼ 10.3%€9,043=€10,577▲ 17.0%€6,183▼ 41.5%
Working capital€13,929below the sector's middle half▼ 19.8%€14,307within the sector's middle half▲ 2.7%€12,295within the sector's middle half▼ 14.1%€12,335within the sector's middle half▲ 0.3%€2,153below the sector's middle half▼ 82.5%
Solvency59.6%above the sector's middle half▲ 5.9pp62.1%within the sector's middle half▲ 2.5pp57.8%within the sector's middle half▼ 4.3pp53.8%within the sector's middle half▼ 3.9pp25.8%within the sector's middle half▼ 28.0pp
Current ratio2.38within the sector's middle half▲ 0.272.58within the sector's middle half▲ 0.202.36within the sector's middle half▼ 0.222.17within the sector's middle half▼ 0.191.35within the sector's middle half▼ 0.82
Return on assets (ROA)-13.3%below the sector's middle half▼ 6.6pp-0.2%below the sector's middle half▲ 13.0pp-11.4%below the sector's middle half▼ 11.2pp-0.2%below the sector's middle half▲ 11.2pp-122.1%below the sector's middle half▼ 122.0pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9,867 after €367 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €8,336
Equity
€2,153 ▼ 82.5%
Debt
€6,183 ▼ 41.5%
Debt's share of the balance-sheet total rises from 46.2% to 74.2%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
Debt to equity
2.87▲
2024 · 0.86
ROE
-472.8%▼
2024 · -0.3%
Debt ≤ 1 year
€6,183▼
2024 · €10,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
6.0%
stopped otherwise
90%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,170 | €434 | €434 | €81 | - | - |
| Other operating charges640/8 | - | €455 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | -€869 | €1,166 | -€1,331 | €832 | -€9,480 | ▼ 1,239% |
| Operating profit (loss)9901 | -€3,081 | €277 | -€2,112 | €367 | -€9,867 | ▼ 2,791% |
| Recurring financial income75 | €2 | - | - | - | - | - |
| Financial charges65/66B | - | €334 | €334 | €407 | €315 | ▼ 22.8% |
| Recurring financial charges65 | €232 | €334 | €334 | €407 | €315 | ▼ 22.8% |
| Profit (loss) for the period before taxes9903 | -€3,312 | -€57 | -€2,446 | -€41 | -€10,182 | ▼ 24,891% |
| Profit (loss) for the period9904 | -€3,312 | -€57 | -€2,446 | -€41 | -€10,182 | ▼ 24,891% |
| Profit (loss) for the period to be appropriated9905 | -€3,312 | -€57 | -€2,446 | -€41 | -€10,182 | ▼ 24,891% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24,959 | €23,867 | €21,419 | €22,912 | €8,336 | ▼ 63.6% |
| Fixed assets21/28 | €949 | €515 | €81 | - | - | - |
| Tangible fixed assets22/27 | €949 | €515 | €81 | - | - | - |
| Furniture and vehicles24 | - | €515 | €81 | - | - | - |
| Current assets29/58 | €24,010 | €23,351 | €21,338 | €22,912 | €8,336 | ▼ 63.6% |
| Amounts receivable within one year40/41 | €22,638 | €23,196 | €21,153 | €22,802 | €7,669 | ▼ 66.4% |
| Trade receivables40 | - | €23,088 | €21,000 | €22,700 | €7,600 | ▼ 66.5% |
| Other amounts receivable41 | - | €108 | €153 | €102 | €69 | ▼ 32.0% |
| Cash at bank and in hand54/58 | €1,372 | €155 | €16 | €110 | €667 | ▲ 507% |
| Deferred charges and accrued income490/1 | - | - | €169 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24,959 | €23,867 | €21,419 | €22,912 | €8,336 | ▼ 63.6% |
| Equity10/15 | €14,879 | €14,822 | €12,376 | €12,335 | €2,153 | ▼ 82.5% |
| Contributions10/11 | - | €9,250 | €9,250 | €9,250 | €9,250 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €3,769 | €3,712 | €1,266 | €1,225 | -€8,957 | ▼ 831% |
| Amounts payable17/49 | €10,081 | €9,045 | €9,043 | €10,577 | €6,183 | ▼ 41.5% |
| Amounts payable within one year42/48 | €10,081 | €9,045 | €9,043 | €10,577 | €6,183 | ▼ 41.5% |
| Trade debts44 | €2,375 | €173 | €204 | €4,838 | €3,944 | ▼ 18.5% |
| Suppliers440/4 | - | €173 | €204 | €4,838 | €3,944 | ▼ 18.5% |
| Taxes, remuneration and social security45 | - | €33 | - | - | - | - |
| Taxes450/3 | - | €33 | - | - | - | - |
| Other amounts payable47/48 | - | €8,839 | €8,839 | €5,739 | €2,239 | ▼ 61.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,312 | -€57 | -€2,446 | -€41 | -€10,182 | ▼ 24,891% |
| + Depreciation and write-downs630 | €1,170 | €434 | €434 | €81 | - | - |
| Operating cash flow (approximation) | -€2,141 | €377 | -€2,012 | €40 | -€10,182 | ▼ 25,383% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€1,217 | -€139 | €94 | €557 | ▲ 493% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 15,518 companies in this sector we hold annual accounts for 7,427. 1,401 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
11 eventsLatest 21-01-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€10,182
Net result drops to -€10,182, the lowest in the series.
2024
16-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company (pre-2019) · founded 15-05-2014Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded15-05-2014
Fiscal year end30-06
Activities, NACEBEL 2025
43990Other specialised construction activities
43310Plastering work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0552699763
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Oudergem · 1 establishment unit since 2014
Ground area
170 m²
Building footprint
73 m²
Volume, LiDAR
1,041 m³
Parcel 21002A0094/00S008, Brussels · tallest building 16.4 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Henri Strauvenlaan 27, 1160 Oudergem
since 2014unit no. 2.231.597.044
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21002A0094/00S008 | Brussels | 170 m² | 1 · 73 m² | 16.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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