Realon
ActiveSummary
The computed 12-month bankruptcy probability of Realon is 2.6% (moderate). The annual accounts of Realon for fiscal year 2024 show a net loss of 96% of total assets. The 2024 annual accounts show equity of €38k and a net result of €-36k. Equity is shrinking by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-76
Solvency100▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days 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 ample (current ratio 95.81 against 2.79 in 2023; short-term debt: 0.8% and cash: 23.3% of total assets), and 0.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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 →
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 2024Solvency, return and age of the figures
Solvency
99.2%
Return on assets
-95.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
36 d early
2022
32 d early
2021
34 d early
2020
33 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€38k▼ 49.2%
2023 · €74k
2020: €79k
2021: €83k
2022: €100k
2023: €74k
2020 → 2024
Total assets
€38k▼ 64.0%
2023 · €105k
2020: €96k
2021: €103k
2022: €139k
2023: €105k
2020 → 2024
Net result
€-36k
2023 · €6k
2020: €18k
2021: €3k
2022: €17k
2023: €6k
2020 → 2024
Working capital
€30k▼ 45.6%
2023 · €56k
2020: €60k
2021: €62k
2022: €70k
2023: €56k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€79k-€83k▲ 4.2%€100k▲ 20.8%€74k▼ 26.0%€38k▼ 49.2%
Operating result€21k-€5k▼ 75.8%€26k▲ 430%€9k▼ 64.5%€-36k
Net result€18k-€3k▼ 81.4%€17k▲ 417%€6k▼ 63.4%€-36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €36k after €9k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€7k ▼ 60.1%
Current assets
€31k ▼ 64.8%
Equity and liabilities €38k
Equity
€38k ▼ 49.2%
Debt
€321 ▼ 99.0%
Debt's share of the balance-sheet total falls from 29.8% to 0.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-25k▼
2023 · €23k
Cash flow
€-26k▼
2023 · €19k
Current ratio
95.81▲
2023 · 2.79
Debt to equity
0.01▼
2023 · 0.42
ROE
-96.7%▼
2023 · 8.5%
ROA
-95.9%▼
2023 · 6.0%
Interest coverage
-55.06▼
2023 · 69.57
Debt ≤ 1 year
€321▼
2023 · €31k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€105k€38k▼
Fixed assets21/28€18k€7k▼
Tangible fixed assets22/27€18k€7k▼
Plant, machinery and equipment23€3k€592▼
Furniture and vehicles24€14k€7k▼
Current assets29/58€87k€31k▼
Amounts receivable within one year40/41€44k€19k▼
Trade receivables40€33k€7k▼
Other amounts receivable41€12k€13k▲
Cash at bank and in hand54/58€18k€9k▼
Deferred charges and accrued income490/1€25k€2k▼
Equity and liabilities
Total equity and liabilities10/49€105k€38k▼
Equity10/15€74k€38k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€12k€12k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14-€-36k
Amounts payable17/49€31k€321▼
Amounts payable within one year42/48€31k€321▼
Trade debts44€30k€321▼
Suppliers440/4€30k€321▼
Taxes, remuneration and social security45€1k-
Remuneration and social security454/9€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€21k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€11k▼
Other operating charges640/8€479€742▲
Gross operating margin9900€44k€-25k▼
Operating profit (loss)9901€9k€-36k▼
Financial income75/76B€481€306▼
Recurring financial income75€481€306▼
Financial charges65/66B€324€461▲
Recurring financial charges65€324€461▲
Profit (loss) for the period before taxes9903€10k€-36k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€6k€-36k▼
Profit (loss) for the period to be appropriated9905€6k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-36k▼
Transfer from equity791/2€32k-
Transfer to equity691/2€6k-
To other reserves6921€6k-
Profit to be distributed694/7€32k-
Return on contributions (dividend)694€32k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-36k ▼676%
Net result drops to €-36k, the lowest in the series.
31-12
Financial
Liquidity times 34current ratio 95.81
Current ratio from 2.79 to 95.81; short-term debt falls from €31k to €321.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herent · 1 establishment unit since 2020
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.
Schaffelkantstraat 353020 HerentGround area
378 m²
Building footprint
112 m²
Volume, LiDAR
563 m³
Parcel 24423H0308/00R000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Realon
since 20202.297.667.110
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423H0308/00R000 | Flanders | 378 m² | 1 · 112 m² | 9.4 m · 2 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
ALIA CONSTRUCT
BE 0884.945.945
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HURTA'DOS RENOVATION
BE 0790.285.823
Ternat · Eq €37,604
LES TECHNOLOGUES DE RENOVATION
BE 0870.682.787
Sint-Lambrechts-Woluwe · Eq €37,609
HLKD SERVICES
BE 0848.107.919
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BUMA
BE 0427.352.997
Antwerpen · Eq €37,670
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,895 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 formPublic limited company
Founded02-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43350Other building finishing work
43410Roofing work
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.