Renaud VERSTRAETE
ActiveSummary
Renaud VERSTRAETE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €649k. Equity is shrinking by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency27▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.9 against 1.03 in 2024; short-term debt: 97.6% and cash: 33.4% of total assets), and 97.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
2.4%
Return on assets
73.2%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 3187 sector peers (2025).
NBB · sector comparisonPosition among 3187 sector peers
Solvency
better than 10%
← weakest
strongest →
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 24-02-2026, 157 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
157 d early
2024
178 d early
2023
170 d early
2022
103 d early
2021
102 d early
2020
120 d early
2019
127 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€649k▼ 29.7%
2024 · €923k
2018: €39k
2019: €81k
2020: €802k
2021: €370k
2022: €1.13M
2023: €242k
2024: €923k
2018 → 2025
Working capital
€-86k
2024 · €13k
2018: €35k
2019: €121k
2020: €433k
2021: €19k
2022: €21k
2023: €21k
2024: €13k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€21k▲ 0.3%€21k▼ 2.9%€21k▲ 0.6%€21k▲ 1.0%
Operating result€490k-€1.50M▲ 207%€318k▼ 78.8%€1.23M▲ 285%€862k▼ 29.7%
Net result€370k-€1.13M▲ 205%€242k▼ 78.5%€923k▲ 281%€649k▼ 29.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €887k
Fixed assets
€107k ▲ 1,240%
Current assets
€779k ▲ 73.6%
Equity and liabilities €887k
Equity
€21k ▲ 1.0%
Debt
€866k ▲ 98.4%
Debt's share of the balance-sheet total rises from 95.5% to 97.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€871k
Cash flow
€659k
Current ratio
0.90▼
2024 · 1.03
Debt to equity
41.42▲
2024 · 21.09
ROA
73.2%▼
2024 · 202.0%
Interest coverage
4225.89
Debt ≤ 1 year
€866k▲
2024 · €436k
Income taxes
€213k▼
2024 · €303k
A ratio outside any meaningful range has been withheld (balance sheet total €887k, equity €21k).
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€457k€887k▲
Fixed assets21/28€8k€107k▲
Tangible fixed assets22/27€8k€107k▲
Furniture and vehicles24-€82k
Assets under construction and advance payments27€8k€26k▲
Current assets29/58€449k€779k▲
Amounts receivable within one year40/41€100k€481k▲
Trade receivables40€100k€481k▲
Cash at bank and in hand54/58€348k€297k▼
Deferred charges and accrued income490/1€765€1k▲
Equity and liabilities
Total equity and liabilities10/49€457k€887k▲
Equity10/15€21k€21k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€227€438▲
Amounts payable17/49€436k€866k▲
Amounts payable within one year42/48€436k€866k▲
Taxes, remuneration and social security45€55k€160k▲
Taxes450/3€55k€160k▲
Other amounts payable47/48€381k€706k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€9k
Other operating charges640/8€732€677▼
Gross operating margin9900€1.23M€872k▼
Operating profit (loss)9901€1.23M€862k▼
Financial income75/76B€972€1k▲
Recurring financial income75€972€1k▲
Financial charges65/66B€43€206▲
Recurring financial charges65€43€206▲
Profit (loss) for the period before taxes9903€1.23M€863k▼
Income taxes67/77€303k€213k▼
Profit (loss) for the period9904€923k€649k▼
Profit (loss) for the period to be appropriated9905€923k€649k▼
Appropriation of the result
Profit (loss) to be appropriated9906€923k€649k▼
Profit (loss) brought forward from the previous period14P€112€227▲
Profit to be distributed694/7€923k€649k▼
Return on contributions (dividend)694€923k€649k▼
The notes to these accounts (7 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.13M ▲205%
Operating result €1.50M, net result €1.13M, both a record.
20-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €440k ▲231%
3 profitable years in a row build equity to €440k.
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 6.17
Current ratio from 2.93 to 6.17.
31-12
Financial
Equity above €100kEq €133k ▲157%
2 profitable years in a row build equity to €133k.
22-05
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
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, Sint-Pieters-Woluwe · 1 establishment unit since 2018
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.
Sint-Georgiusgaarde 21150 Sint-Pieters-WoluweGround area
903 m²
Building footprint
207 m²
Volume, LiDAR
1,130 m³
Parcel 21682C0011/00T006, Brussels · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Georgiusgaarde 2, 1150 Sint-Pieters-Woluwe
since 20182.277.973.041
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21682C0011/00T006 | Brussels | 903 m² | 1 · 207 m² | 9.0 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.
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 1,604 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
Founded13-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.