RENO-TEAM
ActiveSummary
The computed 12-month bankruptcy probability of RENO-TEAM is 1.5% (moderate). The annual accounts of RENO-TEAM for fiscal year 2024 show a net loss of 71% of total assets and of 80% of the equity at the start of that year. The 2024 annual accounts show equity of €14k and a net result of €-57k. Equity is shrinking by ~34.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 20% of 36375 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-93
Solvency43▼-37
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 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 short (current ratio 0.26 against 1.48 in 2023; short-term debt: 59.2% of total assets), and 82.4% of the assets are financed with debt.
Credit advice 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 · 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
17.6%
Return on assets
-70.6%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 20% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 20%
← weakest
strongest →
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 20-06-2025, 41 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
40 d early
2022
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€14k▼ 80.1%
2023 · €71k
2022: €46k
2023: €71k
2022 → 2024
Total assets
€81k▼ 38.1%
2023 · €130k
2022: €80k
2023: €130k
2022 → 2024
Net result
€-57k
2023 · €25k
2022: €19k
2023: €25k
2022 → 2024
Working capital
€-35k
2023 · €13k
2022: €30k
2023: €13k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€46k-€71k▲ 55.8%€14k▼ 80.1%
Operating result€31k-€37k▲ 21.4%€-52k
Net result€19k-€25k▲ 35.7%€-57k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €52k after €37k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €81k
Fixed assets
€68k ▼ 23.5%
Current assets
€13k ▼ 69.4%
Equity and liabilities €81k
Equity
€14k ▼ 80.1%
Debt
€67k ▲ 12.4%
Debt's share of the balance-sheet total rises from 45.4% to 82.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-28k▼
2023 · €53k
Cash flow
€-33k▼
2023 · €42k
Current ratio
0.26▼
2023 · 1.48
Debt to equity
4.69▲
2023 · 0.83
ROE
-401.6%▼
2023 · 35.8%
ROA
-70.6%▼
2023 · 19.5%
Interest coverage
-5.83▼
2023 · 16.75
Debt ≤ 1 year
€48k▲
2023 · €28k
Debt > 1 year
€19k▼
2023 · €31k
Income taxes
€264▼
2023 · €10k
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 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€130k€81k▼
Fixed assets21/28€89k€68k▼
Tangible fixed assets22/27€89k€68k▼
Plant, machinery and equipment23€1k€369▼
Furniture and vehicles24€88k€68k▼
Current assets29/58€41k€13k▼
Amounts receivable within one year40/41€4k€6k▲
Trade receivables40-€3k
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€33k-
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€130k€81k▼
Equity10/15€71k€14k▼
Contributions10/11€1k€1k=
Reserves13€100€100=
Distributable reserves133€100€100=
Profit (loss) carried forward14€70k€13k▼
Amounts payable17/49€59k€67k▲
Amounts payable after more than one year17€31k€19k▼
Financial debts170/4€31k€19k▼
Amounts payable within one year42/48€28k€48k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Financial debts43-€8k
Credit institutions430/8-€8k
Trade debts44€5k€1k▼
Suppliers440/4€5k€1k▼
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€7k€7k▲
Other amounts payable47/48€5k€20k▲
Income statement
Code20232024
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€24k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€55k€-26k▼
Operating profit (loss)9901€37k€-52k▼
Financial income75/76B€2k€3▼
Recurring financial income75€189€3▼
Non-recurring financial income76B€2k-
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€36k€-57k▼
Income taxes67/77€10k€264▼
Profit (loss) for the period9904€25k€-57k▼
Profit (loss) for the period to be appropriated9905€25k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€13k▼
Profit (loss) brought forward from the previous period14P€45k€70k▲
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
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-57k ▼324%
Net result drops to €-57k, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2022net €25k ▲35.7%
Operating result €37k, net result €25k, both a record.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Antwerpen · 1 establishment unit since 2013
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.
Mellinetplein 102600 AntwerpenGround area
144 m²
Building footprint
87 m²
Volume, LiDAR
974 m³
Parcel 11303C0284/00W009, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
RENO-TEAM
since 20132.262.493.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0284/00W009 | Flanders | 144 m² | 1 · 87 m² | 13.9 m · 4 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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ALGEMENE BEZETTINGSWERKEN OLIVIER VAN LOOVEREN
BE 0556.859.974
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BE 1006.590.477
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Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,196 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
Founded04-01-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43310Plastering work
43320Joinery installation
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.