MW Renobouw
ActiveSummary
The computed 12-month bankruptcy probability of MW Renobouw is 2.1% (moderate). The 2025 annual accounts show negative equity (€-120k) and a net result of €-71k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7453 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
19
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.07 against 0.56 in 2024; short-term debt: 505.3% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-502.3%
Return on assets
-296%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-120k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 8 filingsDeviation from the deadline
2025
30 d late
2024
57 d late
2023
422 d late
2022
69 d late
2021
28 d late
2020
118 d early
2019
30 d late
← 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
€-120k▼ 143%
2024 · €-49k
2018: €23k
2019: €36k
2020: €51k
2021: €63k
2022: €46k
2023: €23k
2024: €-49k
2018 → 2025
Total assets
€24k▼ 76.5%
2024 · €102k
2018: €115k
2019: €133k
2020: €130k
2021: €170k
2022: €270k
2023: €199k
2024: €102k
2018 → 2025
Net result
€-71k▲ 2.4%
2024 · €-73k
2018: €7k
2019: €13k
2020: €16k
2021: €12k
2022: €-17k
2023: €-23k
2024: €-73k
2018 → 2025
Working capital
€-113k▼ 143%
2024 · €-46k
2018: €-2k
2019: €124
2020: €9k
2021: €14k
2022: €57k
2023: €33k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€46k▼ 27.1%€23k▼ 49.6%€-49k€-120k▼ 143%
Operating result€17k-€-12k€-19k▼ 54.4%€-65k▼ 241%€-67k▼ 3.5%
Net result€12k-€-17k€-23k▼ 33.6%€-73k▼ 218%€-71k▲ 2.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €67k in 2025 against €65k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€16k ▼ 63.0%
Current assets
€8k ▼ 86.0%
Key figures and ratios
EBITDA
€-45k▼
2024 · €-30k
Cash flow
€-49k▼
2024 · €-37k
Solvency
-502.3%▼
2024 · -48.5%
Current ratio
0.07▼
2024 · 0.56
Debt to equity
-1.20▲
2024 · -3.06
ROA
-296.0%▼
2024 · -71.3%
Interest coverage
-11.89▼
2024 · -3.76
Debt
€144k▼
2024 · €151k
Debt ≤ 1 year
€121k▲
2024 · €106k
Debt > 1 year
€23k▼
2024 · €45k
Staff costs
€61k▼
2024 · €180k
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€102k€24k▼
Formation expenses20€0€0=
Fixed assets21/28€42k€16k▼
Tangible fixed assets22/27€41k€16k▼
Plant, machinery and equipment23€17k€5k▼
Furniture and vehicles24€5k€1k▼
Leasing and similar rights25€19k€9k▼
Financial fixed assets28€1k-
Current assets29/58€60k€8k▼
Stocks and contracts in progress3€16k-
Stocks30/36€16k-
Amounts receivable within one year40/41€40k€4k▼
Trade receivables40€35k€599▼
Other amounts receivable41€4k€3k▼
Current investments50/53-€2k
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€102k€24k▼
Equity10/15€-49k€-120k▼
Contributions10/11€16k€16k=
Reserves13€7k€7k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-72k€-143k▼
Amounts payable17/49€151k€144k▼
Amounts payable after more than one year17€45k€23k▼
Financial debts170/4€45k€23k▼
Amounts payable within one year42/48€106k€121k▲
Current portion of amounts payable after more than one year42€35k€22k▼
Financial debts43€8k€0▼
Credit institutions430/8€8k-
Other loans439-€0
Trade debts44€49k€13k▼
Suppliers440/4€49k€13k▼
Taxes, remuneration and social security45€3k€651▼
Taxes450/3€2k€651▼
Remuneration and social security454/9€1k-
Other amounts payable47/48€10k€85k▲
Accrued charges and deferred income492/3€452€500▲
Income statement
Code20242025
Non-recurring operating income76A€2k€3k▲
Remuneration, social security and pensions62€180k€61k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€22k▼
Other operating charges640/8€2k€5k▲
Non-recurring operating charges66A€348€559▲
Gross operating margin9900€153k€21k▼
Operating profit (loss)9901€-65k€-67k▼
Financial income75/76B€0€6▲
Recurring financial income75€0€6▲
Financial charges65/66B€8k€4k▼
Recurring financial charges65€8k€4k▼
Profit (loss) for the period before taxes9903€-73k€-71k▲
Profit (loss) for the period9904€-73k€-71k▲
Profit (loss) for the period to be appropriated9905€-73k€-71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-143k▼
Profit (loss) brought forward from the previous period14P€229€-72k▼
The notes to these accounts (11 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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 422 days late
2024
31-12
Financial
Weakest financial yearnet €-73k
Net result drops to €-73k, the lowest in the series; recovery starts the following year.
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
04-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €16k ▲21.1%
Net result €16k, the highest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Geel · 1 establishment unit since 2017
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.
Veerleseweg 302440 GeelGround area
733 m²
Parcel 13375N0885/00Y003, Flanders. Linked by address, not a title deed.
1 establishment unit
MW Renobouw
since 20172.269.484.848
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375N0885/00Y003 | Flanders | 733 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 720 EUR awarded · 720 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 298 EUR | 298 EUR |
| 2023 | 1 | 260 EUR | 422 EUR |
| 2022 | 1 | 162 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 11,906 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
Founded16-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.