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RenoKing

Active
Private limited companyfounded 20215 yrs activeVeurnestraat 24, 8660 De Panne, BelgiumKBO/BCE: BE 0764.337.036
Summary

RenoKing has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18k and a net result of €-14k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 28% of 14079 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
38 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-28
Solvency31▼-10
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.12 in 2024; short-term debt: 93.7% and cash: 9% of total assets), and 93.7% 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 riskneutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025
Solvency, return and age of the figures
Solvency
6.3%
Return on assets
-4.8%
Age of the figures
9 mo
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 20-07-2026, 11 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
11 d early
2024
16 d early
2023
22 d early
2022
27 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€18k▼ 43.1%
2024 · €32k
2022: €22k 2023: €31k 2024: €32k
2022 → 2025
Total assets
€289k▲ 45.8%
2024 · €199k
2022: €507k 2023: €476k 2024: €199k
2022 → 2025
Net result
€-14k
2024 · €1k
2022: €2k 2023: €9k 2024: €1k
2022 → 2025
Working capital
€4k▼ 80.2%
2024 · €19k
2022: €7k 2023: €21k 2024: €19k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€22k-€31k▲ 41.6%€32k▲ 4.5%€18k▼ 43.1%
Operating result€20k-€28k▲ 43.2%€8k▼ 70.7%€-13k
Net result€2k-€9k▲ 404%€1k▼ 84.6%€-14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20kOperating result 2022: €20k€20kNet result 2022: €2k€2kOperating result 2023: €28k€28kNet result 2023: €9k€9kOperating result 2024: €8k€8kNet result 2024: €1k€1kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k2022202320242025€-20k€0€20kOperating result 2023: €28k€28kNet result 2023: €9k€9.1kOperating result 2024: €8k€8.2kNet result 2024: €1k€1.4kOperating result 2025: €-13k€-13kNet result 2025: €-14k€-14k202320242025
The operating result turns negative in 2025: a loss of €13k after €8k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €289k
Fixed assets €15k ▼ 30.8%
Current assets €275k ▲ 54.9%
Equity and liabilities €289k
Equity €18k ▼ 43.1%
Debt €271k ▲ 63.0%
Debt's share of the balance-sheet total rises from 83.7% to 93.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-2k
2024 · €18k
Cash flow
€-3k
2024 · €11k
Current ratio
1.01
2024 · 1.12
Debt to equity
14.76
2024 · 5.15
ROE
-75.7%
2024 · 4.3%
ROA
-4.8%
2024 · 0.7%
Interest coverage
-1.72
2024 · 2.54
Debt ≤ 1 year
€271k
2024 · €158k
Debt > 1 year
€0
2024 · €7k
Income taxes
€0
2024 · €473
Staff costs
€93k
2024 · €102k
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 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€199k€289k
Fixed assets21/28€21k€15k
Tangible fixed assets22/27€21k€15k
Plant, machinery and equipment23€0-
Furniture and vehicles24€7k€8k
Leasing and similar rights25€15k€7k
Current assets29/58€177k€275k
Stocks and contracts in progress3€20k€0
Contracts in progress37€20k€0
Amounts receivable within one year40/41€143k€245k
Trade receivables40€142k€245k
Other amounts receivable41€2k€125
Cash at bank and in hand54/58€12k€26k
Deferred charges and accrued income490/1€2k€4k
Equity and liabilities
Total equity and liabilities10/49€199k€289k
Equity10/15€32k€18k
Contributions10/11€20k€20k=
Profit (loss) carried forward14€12k€-2k
Amounts payable17/49€166k€271k
Amounts payable after more than one year17€7k€0
Financial debts170/4€7k€0
Amounts payable within one year42/48€158k€271k
Current portion of amounts payable after more than one year42€8k€7k
Trade debts44€16k€245k
Suppliers440/4€16k€245k
Taxes, remuneration and social security45€52k€16k
Taxes450/3€40k€3k
Remuneration and social security454/9€12k€13k
Other amounts payable47/48€83k€3k
Accrued charges and deferred income492/3€499€0
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€102k€93k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€11k
Other operating charges640/8€688€324
Gross operating margin9900€121k€91k
Operating profit (loss)9901€8k€-13k
Financial income75/76B€885€213
Recurring financial income75€885€213
Financial charges65/66B€7k€1k
Recurring financial charges65€7k€1k
Profit (loss) for the period before taxes9903€2k€-14k
Income taxes67/77€473€0
Profit (loss) for the period9904€1k€-14k
Profit (loss) for the period to be appropriated9905€1k€-14k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-2k
Profit (loss) brought forward from the previous period14P€11k€12k
Social balance
Average headcount (FTE)90872.0-

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-14k ▼1094%
Net result drops to €-14k, the lowest in the series.
15-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2022net €9k ▲404%
Operating result €28k, net result €9k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, De Panne · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Veurnestraat 248660 De Panne
Ground area
926 m²
Building footprint
922 m²
Volume, LiDAR
4,147 m³
Parcel 38008C0014/00D000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
RenoKing
Veurnestraat 24, 8660 De PanneManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20212.314.419.208
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38008C0014/00D000 Flanders 926 m² 1 · 922 m² 10.1 m · 1 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 234 EUR awarded · 234 EUR paid
Year Entries awardedpaid
2025 1 234 EUR234 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 234 EUR · 234 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,292 companies in sector 68122 we hold annual accounts for 901. 346 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
Founded25-02-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68122Development of non-residential building projects
68310Real estate agency activities
43221Plumbing work
43230Insulation installation
43320Joinery installation
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:steve@gccf.be
Establishment De Panne 2.314.419.208
Phone:058/411729
Establishment De Panne 2.314.419.208