RenoSea Projects
ActiveRenoSea Projects has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 13908 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency84▼-13
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.77 against 2.14 in 2024), but 56.1% 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 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 2025Solvency, return and age of the figures
Solvency
43.9%
Return on assets
-37%
Age of the figures
8 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 7 filingsDeviation from the deadline
2025
26 d late
2024
26 d late
2023
14 d late
2022
31 d early
2021
31 d early
2020
13 d late
2019
26 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▼ 45.7%
2024 · €24k
2019: €-45k
2020: €-36k
2021: €-64k
2022: €-38k
2023: €-15k
2024: €24k
2019 → 2025
Total assets
€29k▼ 33.0%
2024 · €44k
2019: €249k
2020: €140k
2021: €25k
2022: €43k
2023: €33k
2024: €44k
2019 → 2025
Net result
€-11k
2024 · €39k
2019: €-63k
2020: €9k
2021: €-29k
2022: €26k
2023: €23k
2024: €39k
2019 → 2025
Working capital
€13k▼ 44.8%
2024 · €23k
2019: €-27k
2020: €34k
2021: €-2k
2022: €19k
2023: €23k
2024: €23k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-64k-€-38k▲ 40.3%€-15k▲ 61.1%€24k€13k▼ 45.7%
Operating result€-28k-€27k€24k▼ 10.5%€43k▲ 80.0%€-11k
Net result€-29k-€26k€23k▼ 9.4%€39k▲ 65.3%€-11k
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 2025: a loss of €11k after €43k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29k
Fixed assets
€252▼ 70.9%
Current assets
€29k▼ 32.3%
Equity and liabilities €29k
Equity
€13k▼ 45.7%
Debt
€17k▼ 17.9%
The debt ratio rises from 45.8% to 56.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-10k▼
2024 · €43k
Cash flow
€-10k▼
2024 · €40k
Solvency
43.9%▼
2024 · 54.2%
Current ratio
1.77▼
2024 · 2.14
Quick ratio
1.77▼
2024 · 2.14
Debt / equity
1.28▲
2024 · 0.84
ROE
-84.3%▼
2024 · 162.8%
ROA
-37.0%▼
2024 · 88.2%
Interest coverage
-97.06▼
2024 · 117.15
Debt
€17k▼
2024 · €20k
Debt ≤ 1 year
€17k▼
2024 · €20k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€44k€29k▼
Fixed assets21/28€864€252▼
Tangible fixed assets22/27€683€70▼
Furniture and vehicles24€683€70▼
Financial fixed assets28€182€182=
Current assets29/58€43k€29k▼
Amounts receivable within one year40/41€6k€27k▲
Trade receivables40€5k€5k=
Other amounts receivable41€1k€22k▲
Cash at bank and in hand54/58€37k€2k▼
Deferred charges and accrued income490/1€387-
Equity and liabilities
Total equity and liabilities10/49€44k€29k▼
Equity10/15€24k€13k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€5k€-6k▼
Amounts payable17/49€20k€17k▼
Amounts payable within one year42/48€20k€17k▼
Trade debts44€581€5k▲
Suppliers440/4€581€5k▲
Taxes, remuneration and social security45€18k€10k▼
Taxes450/3€18k€10k▼
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€711€613▼
Other operating charges640/8€925€676▼
Gross operating margin9900€44k€-10k▼
Operating profit (loss)9901€43k€-11k▼
Financial charges65/66B€370€105▼
Recurring financial charges65€370€105▼
Profit (loss) for the period before taxes9903€42k€-11k▼
Income taxes67/77€3k-
Profit (loss) for the period9904€39k€-11k▼
Profit (loss) for the period to be appropriated9905€39k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-6k▼
Profit (loss) brought forward from the previous period14P€-34k€5k▲
The notes to these accounts (5 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Highest result since 2019net €39k ▲65.3%
Operating result €43k, net result €39k, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.93
Current ratio from 1.88 to 3.93; short-term debt falls from €22k to €8k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.88
Current ratio from 0.91 to 1.88.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
28-12-2022
HERREMANS Simon: Resigned as Manager
01-03-2022
Van Lier Eline: Resigned as Director
01-11-2021
Pierret Pieter: Resigned as Director
21-12-2020
Beeckman Giel: Resigned as Director
17-06-2019
Deblander Robbe: Resigned as Manager
17-06-2019
Sofie De Groof: Resigned as Manager
Location & real-estate footprint
Registered office, Nieuwpoort · 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.
Lefebvrestraat 98620 NieuwpoortGround area
1,286 m²
Building footprint
239 m²
Volume, LiDAR
2,738 m³
2 parcels, Flanders · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RS Homes Project Management
since 20182.278.480.015
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41041B0459/00G002indicative | Flanders | 651 m² | 1 · 83 m² | 9.2 m · 2 fl. |
| 38402D0118/00D000 | Flanders | 636 m² | 1 · 156 m² | 18.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
Moureau Invest
BE 0780.902.557
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CG PROGRESS
BE 0763.853.917
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G-Blondeel
BE 0794.232.436
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LAUPAT INDUSTRIES
BE 0758.626.706
Turnhout · Eq €13k
DB HOME
BE 0741.723.762
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Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 3,411 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2018
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.