M & N Renovation Solutions
ActiveSummary
The computed 12-month bankruptcy probability of M & N Renovation Solutions is 2.1% (moderate). The 2025 annual accounts show equity of €160k and a net result of €33k. Its solvency ranks better than 52% of 27786 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-19
Solvency74▲+5
Growth52
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days only on tighter terms
Liquidity ample (current ratio 1.95 against 1.41 in 2024; short-term debt: 41.9% and cash: 45.2% of total assets), but 51.4% of the assets are financed with debt.
Credit advice 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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 →
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
48.6%
Return on assets
10.1%
Age of the figures
9 mo
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 15-04-2026, 107 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
107 d early
2024
97 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€160k▲ 26.3%
2024 · €126k
2024: €126k
2024 → 2025
Total assets
€328k▲ 14.0%
2024 · €288k
2024: €288k
2024 → 2025
Net result
€33k▼ 72.6%
2024 · €121k
2024: €121k
2024 → 2025
Working capital
€131k▲ 96.6%
2024 · €67k
2024: €67k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€126k-€160k▲ 26.3%
Operating result€161k-€45k▼ 71.8%
Net result€121k-€33k▼ 72.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €328k
Fixed assets
€59k ▼ 0.6%
Current assets
€269k ▲ 17.8%
Equity and liabilities €328k
Equity
€160k ▲ 26.3%
Provisions
€31k
Debt
€138k ▼ 14.8%
Debt's share of the balance-sheet total falls from 56.1% to 41.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€58k▼
2024 · €170k
Cash flow
€46k▼
2024 · €130k
Current ratio
1.95▲
2024 · 1.41
Debt to equity
0.86▼
2024 · 1.28
ROE
20.8%▼
2024 · 96.0%
ROA
10.1%▼
2024 · 42.1%
Interest coverage
6.90▼
2024 · 37.06
Debt ≤ 1 year
€138k▼
2024 · €162k
Income taxes
€11k▼
2024 · €35k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€288k€328k▲
Fixed assets21/28€60k€59k▼
Tangible fixed assets22/27€60k€59k▼
Plant, machinery and equipment23€1k€876▼
Furniture and vehicles24€44k€34k▼
Other tangible fixed assets26€14k€24k▲
Current assets29/58€229k€269k▲
Amounts receivable within one year40/41€43k€20k▼
Trade receivables40€43k€20k▼
Current investments50/53-€100k
Cash at bank and in hand54/58€185k€148k▼
Deferred charges and accrued income490/1€243€290▲
Equity and liabilities
Total equity and liabilities10/49€288k€328k▲
Equity10/15€126k€160k▲
Contributions10/11€5k€5k=
Reserves13€121k€155k▲
Distributable reserves133€121k€155k▲
Provisions and deferred taxes16-€31k
Provisions for liabilities and charges160/5-€31k
Other liabilities and charges164/5-€31k
Amounts payable17/49€162k€138k▼
Amounts payable within one year42/48€162k€138k▼
Trade debts44€12k€2k▼
Suppliers440/4€12k€2k▼
Taxes, remuneration and social security45€75k€64k▼
Taxes450/3€62k€61k▼
Remuneration and social security454/9€14k€2k▼
Other amounts payable47/48€74k€72k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€12k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€31k
Other operating charges640/8-€3k
Gross operating margin9900€170k€92k▼
Operating profit (loss)9901€161k€45k▼
Financial income75/76B-€7k
Recurring financial income75-€7k
Financial charges65/66B€5k€8k▲
Recurring financial charges65€5k€8k▲
Profit (loss) for the period before taxes9903€157k€45k▼
Income taxes67/77€35k€11k▼
Profit (loss) for the period9904€121k€33k▼
Profit (loss) for the period to be appropriated9905€121k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€121k€33k▼
Transfer to equity691/2€121k€33k▼
To other reserves6921€121k€33k▼
The notes to these accounts (6 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150kEq €160k ▲26.3%
2 profitable years in a row build equity to €160k.
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
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, Hasselt · 1 establishment unit since 2024
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.
Kiewitstraat 83500 HasseltGround area
343 m²
Building footprint
103 m²
Volume, LiDAR
814 m³
Parcel 71322A0503/00K003, Flanders · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M & N Renovation Solutions
since 20242.356.421.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0503/00K003 | Flanders | 343 m² | 1 · 103 m² | 10.3 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500Q057P1IG946U15
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,027 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.