CenRent
ActiveSummary
CenRent has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €-77k. Equity is shrinking by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+4
Solvency44▼-14
Growth58=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 0.89 in 2024; short-term debt: 26.2% and cash: 4.6% of total assets), but 81.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
232425
2023 to 2025 · latest year €-77k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
18 d early
2024
15 d early
2023
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€624k▼ 11.0%
2024 · €701k
2023: €790khighest in 3 years
2024: €701k▼ -11.2% vs 2023
2025: €624k▼ -11.0% vs 2024lowest in 3 years
2023 → 2025
Total assets
€3.34M▲ 58.4%
2024 · €2.11M
2023: €2.18M
2024: €2.11M▼ -3.0% vs 2023lowest in 3 years
2025: €3.34M▲ +58.4% vs 2024highest in 3 years
2023 → 2025
Net result
€-77k▲ 12.2%
2024 · €-88k
2023: €-110klowest in 3 years
2024: €-88k▲ +20.1% vs 2023
2025: €-77k▲ +12.2% vs 2024highest in 3 years
2023 → 2025
Working capital
€545k
2024 · €-17k
2023: €90k
2024: €-17k▼ -119% vs 2023lowest in 3 years
2025: €545k▲ +3305% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€790k-€701k▼ 11.2%€624k▼ 11.0%
2023: €790khighest in 3 years
2024: €701k▼ -11.2% vs 2023
2025: €624k▼ -11.0% vs 2024lowest in 3 years
Operating result€-59k-€-39k▲ 34.2%€-24k▲ 38.8%
2023: €-59klowest in 3 years
2024: €-39k▲ +34.2% vs 2023
2025: €-24k▲ +38.8% vs 2024highest in 3 years
Net result€-110k-€-88k▲ 20.1%€-77k▲ 12.2%
2023: €-110klowest in 3 years
2024: €-88k▲ +20.1% vs 2023
2025: €-77k▲ +12.2% vs 2024highest in 3 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2025 against €39k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.34M
Fixed assets
€1.92M ▼ 2.3%
Current assets
€1.42M ▲ 882%
Equity and liabilities €3.34M
Equity
€624k ▼ 11.0%
Debt
€2.72M ▲ 93.0%
Debt's share of the balance-sheet total rises from 66.8% to 81.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€41k▲
2024 · €25k
Cash flow
€-13k▲
2024 · €-24k
Current ratio
1.62▲
2024 · 0.89
Quick ratio
0.18▼
2024 · 0.89
Debt to equity
4.36▲
2024 · 2.01
ROE
-12.4%▲
2024 · -12.6%
ROA
-2.3%▲
2024 · -4.2%
Interest coverage
0.76▲
2024 · 0.51
Debt ≤ 1 year
€876k▲
2024 · €162k
Debt > 1 year
€1.84M▲
2024 · €1.25M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.11M€3.34M▲
Fixed assets21/28€1.96M€1.92M▼
Tangible fixed assets22/27€1.96M€1.92M▼
Land and buildings22€1.96M€1.92M▼
Current assets29/58€145k€1.42M▲
Stocks and contracts in progress3-€1.26M
Stocks30/36-€1.26M
Amounts receivable within one year40/41€1k€4k▲
Trade receivables40€1k€2k▲
Other amounts receivable41-€2k
Cash at bank and in hand54/58€143k€155k▲
Equity and liabilities
Total equity and liabilities10/49€2.11M€3.34M▲
Equity10/15€701k€624k▼
Contributions10/11€900k€900k=
Profit (loss) carried forward14€-199k€-276k▼
Amounts payable17/49€1.41M€2.72M▲
Amounts payable after more than one year17€1.25M€1.84M▲
Financial debts170/4€1.25M€1.84M▲
Amounts payable within one year42/48€162k€876k▲
Current portion of amounts payable after more than one year42€40k€40k=
Financial debts43€42k€606k▲
Credit institutions430/8€42k€606k▲
Trade debts44€9k€34k▲
Suppliers440/4€9k€34k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€68k€190k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€64k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€14k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€37k€62k▲
Operating profit (loss)9901€-39k€-24k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€49k€54k▲
Recurring financial charges65€49k€54k▲
Profit (loss) for the period before taxes9903€-88k€-77k▲
Profit (loss) for the period9904€-88k€-77k▲
Profit (loss) for the period to be appropriated9905€-88k€-77k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-199k€-276k▼
Profit (loss) brought forward from the previous period14P€-110k€-199k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €80k | €64k | €64k | ▲ 0.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €3k | €4k | €14k | ▲ 270% |
| Other operating charges640/8 | €8k | €8k | €7k | ▼ 10.7% |
| Gross operating margin9900 | €32k | €37k | €62k | ▲ 68.7% |
| Operating profit (loss)9901 | €-59k | €-39k | €-24k | ▲ 38.8% |
| Financial income75/76B | €0 | €7 | €0 | ▼ 100% |
| Recurring financial income75 | €0 | €7 | €0 | ▼ 100% |
| Financial charges65/66B | €51k | €49k | €54k | ▲ 8.9% |
| Recurring financial charges65 | €51k | €49k | €54k | ▲ 8.9% |
| Profit (loss) for the period before taxes9903 | €-110k | €-88k | €-77k | ▲ 12.2% |
| Profit (loss) for the period9904 | €-110k | €-88k | €-77k | ▲ 12.2% |
| Profit (loss) for the period to be appropriated9905 | €-110k | €-88k | €-77k | ▲ 12.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €2.18M | €2.11M | €3.34M | ▲ 58.4% |
| Fixed assets21/28 | €2.03M | €1.96M | €1.92M | ▼ 2.3% |
| Tangible fixed assets22/27 | €2.03M | €1.96M | €1.92M | ▼ 2.3% |
| Land and buildings22 | €2.03M | €1.96M | €1.92M | ▼ 2.3% |
| Current assets29/58 | €147k | €145k | €1.42M | ▲ 882% |
| Stocks and contracts in progress3 | - | - | €1.26M | - |
| Stocks30/36 | - | - | €1.26M | - |
| Amounts receivable within one year40/41 | €0 | €1k | €4k | ▲ 158% |
| Trade receivables40 | €0 | €1k | €2k | ▲ 50.8% |
| Other amounts receivable41 | - | - | €2k | - |
| Cash at bank and in hand54/58 | €147k | €143k | €155k | ▲ 7.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €2.18M | €2.11M | €3.34M | ▲ 58.4% |
| Equity10/15 | €790k | €701k | €624k | ▼ 11.0% |
| Contributions10/11 | €900k | €900k | €900k | = |
| Profit (loss) carried forward14 | €-110k | €-199k | €-276k | ▼ 39.0% |
| Amounts payable17/49 | €1.39M | €1.41M | €2.72M | ▲ 93.0% |
| Amounts payable after more than one year17 | €1.31M | €1.25M | €1.84M | ▲ 47.9% |
| Financial debts170/4 | €1.31M | €1.25M | €1.84M | ▲ 47.9% |
| Amounts payable within one year42/48 | €57k | €162k | €876k | ▲ 442% |
| Current portion of amounts payable after more than one year42 | €40k | €40k | €40k | = |
| Financial debts43 | - | €42k | €606k | ▲ 1,349% |
| Credit institutions430/8 | - | €42k | €606k | ▲ 1,349% |
| Trade debts44 | €15k | €9k | €34k | ▲ 292% |
| Suppliers440/4 | €15k | €9k | €34k | ▲ 292% |
| Taxes, remuneration and social security45 | €2k | €3k | €6k | ▲ 117% |
| Taxes450/3 | €2k | €3k | €6k | ▲ 117% |
| Other amounts payable47/48 | - | €68k | €190k | ▲ 177% |
| Accrued charges and deferred income492/3 | €24k | €1k | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-110k | €-88k | €-77k | ▲ 12.2% |
| + Depreciation and write-downs630 | €80k | €64k | €64k | ▲ 0.8% |
| Operating cash flow (approximation) | €-31k | €-24k | €-13k | ▲ 46.4% |
| Investment in fixed assets (approximation) | - | €0 | €-19k | - |
| Change in cash | - | €-3k | €11k | ▲ 436% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
State Gazette act
Appointment: CENEL (director)Permanent representative: Alex Geurts · Resignation: CENIM (director)5 facts ▸
State Gazette act
Appointment: CENEL (director)
Permanent representative: Alex Geurts · Resignation: CENIM (director)5 facts ▸
- General meeting, 23-07-2026
- Director appointment, CENEL (director)
- Permanent representative, Alex Geurts (permanent representative)
- Director resignation, CENIM (director)
- Permanent representative, Alex Geurts (permanent representative)
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
State Gazette actNBB filing
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2025
CENEL
CurrentDirector · since 18-12-2025 · Private limited company · perm. rep.: Alex Geurts
18-12-2025
CENEL: Appointed as Director
17-12-2025
CENIM: Resigned as Director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2022
Ground area
368 m²
Building footprint
117 m²
Volume, LiDAR
334 m³
Parcel 11054C0563/00D003, Flanders · tallest building 5.3 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
CenRent
since 20222.336.411.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054C0563/00D003 | Flanders | 367 m² | 1 · 117 m² | 5.2 m · 1 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.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared corporate director
→
Shared corporate director
→
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 5,004 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-08-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.