RENODEX
ActiveRENODEX has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €238k and a net result of €21k. Equity is growing by ~35% per year across the filed fiscal years. Its solvency ranks better than 31% of 7447 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
50
/ 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
Profitability52▼-18
Solvency54▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.25 in 2023; short-term debt: 68.9% and cash: 9.9% of total assets), and 70.6% 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 · 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 · 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-10-2025, 90 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
90 d late
2023
60 d late
2022
31 d late
2021
30 d late
2020
121 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€238k▲ 9.7%
2023 · €217k
2018: €43k
2019: €53k
2020: €65k
2021: €83k
2022: €227k
2023: €217k
2018 → 2024
Total assets
€810k▲ 20.9%
2023 · €670k
2018: €201k
2019: €370k
2020: €364k
2021: €409k
2022: €626k
2023: €670k
2018 → 2024
Net result
€21k▼ 4.1%
2023 · €22k
2018: €28k
2019: €10k
2020: €14k
2021: €15k
2022: €144k
2023: €22k
2018 → 2024
Working capital
€146k▲ 34.0%
2023 · €109k
2018: €14k
2019: €19k
2020: €25k
2021: €37k
2022: €113k
2023: €109k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€65k-€83k▲ 26.8%€227k▲ 174%€217k▼ 4.2%€238k▲ 9.7%
Operating result€24k-€33k▲ 36.8%€239k▲ 635%€49k▼ 79.4%€54k▲ 10.6%
Net result€14k-€15k▲ 8.7%€144k▲ 831%€22k▼ 84.7%€21k▼ 4.1%
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 recovers in 2024; 2024 is 11% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €810k
Fixed assets
€106k▼ 20.1%
Current assets
€704k▲ 31.0%
Equity and liabilities €810k
Equity
€238k▲ 9.7%
Debt
€572k▲ 26.2%
The debt ratio rises from 67.6% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2023 · €78k
Cash flow
€45k▼
2023 · €51k
Solvency
29.4%▼
2023 · 32.4%
Current ratio
1.26▲
2023 · 1.25
Quick ratio
0.59▼
2023 · 0.60
Debt / equity
2.40▲
2023 · 2.09
ROE
8.9%▼
2023 · 10.1%
ROA
2.6%▼
2023 · 3.3%
Interest coverage
3.58▼
2023 · 5.65
Debt
€572k▲
2023 · €453k
Debt ≤ 1 year
€558k▲
2023 · €428k
Debt > 1 year
€14k▼
2023 · €25k
Income taxes
€11k▼
2023 · €14k
Staff costs
€36k▼
2023 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€670k€810k▲
Fixed assets21/28€133k€106k▼
Tangible fixed assets22/27€132k€106k▼
Land and buildings22€62k€57k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24€53k€34k▼
Leasing and similar rights25€9k€7k▼
Financial fixed assets28€280€280=
Current assets29/58€537k€704k▲
Stocks and contracts in progress3€281k€376k▲
Stocks30/36€281k€376k▲
Amounts receivable within one year40/41€226k€241k▲
Trade receivables40€212k€222k▲
Other amounts receivable41€14k€19k▲
Cash at bank and in hand54/58€24k€80k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€670k€810k▲
Equity10/15€217k€238k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€209k€230k▲
Amounts payable17/49€453k€572k▲
Amounts payable after more than one year17€25k€14k▼
Financial debts170/4€25k€14k▼
Amounts payable within one year42/48€428k€558k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Financial debts43€243k€271k▲
Credit institutions430/8€243k€271k▲
Trade debts44€77k€198k▲
Suppliers440/4€77k€198k▲
Taxes, remuneration and social security45€66k€39k▼
Taxes450/3€57k€34k▼
Remuneration and social security454/9€8k€5k▼
Other amounts payable47/48€33k€39k▲
Income statement
Code20232024
Remuneration, social security and pensions62€42k€36k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€24k▼
Other operating charges640/8€8k€12k▲
Gross operating margin9900€128k€127k▼
Operating profit (loss)9901€49k€54k▲
Financial income75/76B€685€120▼
Recurring financial income75€685€120▼
Financial charges65/66B€14k€22k▲
Recurring financial charges65€14k€22k▲
Profit (loss) for the period before taxes9903€36k€33k▼
Income taxes67/77€14k€11k▼
Profit (loss) for the period9904€22k€21k▼
Profit (loss) for the period to be appropriated9905€22k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€209k€230k▲
Profit (loss) brought forward from the previous period14P€187k€209k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 90 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €144k ▲831%
Operating result €239k, net result €144k, both a record.
31-12
Financial
Equity above €200kEq €227k ▲174%
5 profitable years in a row build equity to €227k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 121 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Weakest financial yearnet €10k ▼64.6%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, 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.
Molenlei 852170 AntwerpenGround area
95 m²
Building footprint
95 m²
Volume, LiDAR
796 m³
Parcel 11423B0309/00W003, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Popol-Art
since 20132.219.728.204
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11423B0309/00W003 | Flanders | 95 m² | 1 · 95 m² | 10.2 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.
Similar companies · same sector, comparable size
GEBROEDERS BELMANS
BE 0441.389.392
Olen · Eq €238k
Erwin & Yves ROSSKAMP
BE 0841.808.263
Eupen · Eq €239k
MONDIAL CLOISONS
BE 0436.739.629
Boussu · Eq €237k
FINNAL
BE 0716.761.506
Houthalen-Helchteren · Eq €240k
GEUDENS STEFAAN
BE 0866.366.386
Geel · Eq €236k
Of 4,012 companies in sector 43310 we hold annual accounts for 1,745. 1,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.