RENOVA-NASS
ActiveSummary
The computed 12-month bankruptcy probability of RENOVA-NASS is 3.6% (moderate). The 2025 annual accounts show negative equity (€-19k) and a net result of €-3k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 7777 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
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
Profitability56▲+52
Solvency0=
Growth45▲+17
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.51 against 0.54 in 2024; short-term debt: 173.1% and cash: 50.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 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 2025Solvency, return and age of the figures
Solvency
-73.1%
Return on assets
-10.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-19k
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 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
23 d early
2023
21 d late
2022
29 d late
2021
61 d late
2020
59 d late
← 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, abbreviated schema
Turnover
€122k▼ 12.0%
2021 · €139k
2021: €139k
2021 → 2024
EBIT margin
-7.6%▲ 0.4pp
2021 · -8.0%
2021: -8.0%
2021 → 2024
Net result
€-3k▲ 77.5%
2024 · €-12k
2020: €-6k
2021: €-19k
2022: €810
2023: €13k
2024: €-12k
2020 → 2025
Working capital
€-22k▲ 15.8%
2024 · €-26k
2020: €-19k
2021: €-25k
2022: €-35k
2023: €-21k
2024: €-26k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€139k-€122k
Equity€-17k-€-16k▲ 4.7%€-4k▲ 76.8%€-16k▼ 323%€-19k▼ 19.0%
Operating result€-11k-€1k€13k▲ 847%€-9k€-3k▲ 64.4%
Net result€-19k-€810€13k▲ 1,463%€-12k€-3k▲ 77.5%
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 stays negative: a loss of €3k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €26k
Fixed assets
€3k ▼ 70.7%
Current assets
€23k ▼ 25.6%
Key figures and ratios
EBITDA
€4k▲
2024 · €-3k
Cash flow
€4k▲
2024 · €-6k
Solvency
-73.1%▼
2024 · -38.9%
Current ratio
0.51▼
2024 · 0.54
Debt to equity
-2.37▲
2024 · -3.57
ROA
-10.5%▲
2024 · -29.7%
Interest coverage
10.57▲
2024 · -5.39
Debt
€46k▼
2024 · €58k
Debt ≤ 1 year
€46k▼
2024 · €58k
Income taxes
€100▼
2024 · €3k
Staff costs
€40k▲
2024 · €38k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€26k▼
Fixed assets21/28€10k€3k▼
Tangible fixed assets22/27€10k€3k▼
Plant, machinery and equipment23€198-
Furniture and vehicles24€10k€3k▼
Current assets29/58€31k€23k▼
Stocks and contracts in progress3€426-
Stocks30/36€426-
Amounts receivable within one year40/41€26k€10k▼
Trade receivables40€26k€10k▼
Other amounts receivable41-€374
Cash at bank and in hand54/58€4k€13k▲
Deferred charges and accrued income490/1€164-
Equity and liabilities
Total equity and liabilities10/49€42k€26k▼
Equity10/15€-16k€-19k▼
Contributions10/11€7k€7k=
Outside capital11€7k€7k=
Other1109/19€7k€7k=
Profit (loss) carried forward14€-23k€-26k▼
Amounts payable17/49€58k€46k▼
Amounts payable within one year42/48€58k€46k▼
Trade debts44€10k€6k▼
Suppliers440/4€10k€6k▼
Advances received on contracts in progress46€12k-
Taxes, remuneration and social security45€32k€27k▼
Taxes450/3-€15k
Remuneration and social security454/9€32k€12k▼
Other amounts payable47/48€4k€12k▲
Income statement
Code20242025
Turnover70€122k-
Goods, raw materials, services and sundry goods60/61€85k-
Remuneration, social security and pensions62€38k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€37k€45k▲
Operating profit (loss)9901€-9k€-3k▲
Financial income75/76B€135€1k▲
Recurring financial income75€0€1k▲
Non-recurring financial income76B€135€1k▲
Financial charges65/66B€523€370▼
Recurring financial charges65€523€370▼
Profit (loss) for the period before taxes9903€-10k€-3k▲
Income taxes67/77€3k€100▼
Profit (loss) for the period9904€-12k€-3k▲
Profit (loss) for the period to be appropriated9905€-12k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-26k▼
Profit (loss) brought forward from the previous period14P€-11k€-23k▼
The notes to these accounts (3 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Highest result since 2020net €13k ▲1463%
Operating result €13k, net result €13k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Back to profitnet €810
Net result €810 after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
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, Ronse · 1 establishment unit since 2020
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.
Spinstersstraat 1669600 RonseGround area
82 m²
Building footprint
75 m²
Volume, LiDAR
540 m³
Parcel 45041A0073/00T000, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOVA-NASS
since 20202.298.261.184
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45041A0073/00T000 | Flanders | 82 m² | 1 · 75 m² | 11.1 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.
Similar companies · same sector, comparable size
JaBo
BE 0768.591.376
Brasschaat · Eq €1,386
Elektro Blihi
BE 1031.289.053
Duffel · Eq €1,376
GLOBAL ELECTRIC
BE 1004.042.941
Waremme · Eq €1,375
HARAS DU MAWA
BE 0543.651.643
Pont-à-Celles · Eq €1,412
Full Solar
BE 0777.987.312
Boechout · Eq €1,353
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 1,278 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
Founded17-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:NASS.RENOVA@HOTMAIL.COM