RENOVE 4D
ActiveRENOVE 4D has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €211k and a net result of €13k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 36374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability31▼-5
Solvency33▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.62 in 2023), but 84.4% 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
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 36374 sector peers (2024).
NBB · sector comparisonPosition among 36374 sector peers
Solvency
better than 18%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-10-2025, 74 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
74 d late
2023
61 d late
2022
61 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k▼ 8.3%
2023 · €14k
2018: €45k
2019: €18k
2020: €9k
2021: €49k
2022: €5k
2023: €14k
2018 → 2024
Working capital
€461k▼ 9.0%
2023 · €507k
2018: €237k
2019: €872k
2020: €236k
2021: €279k
2022: €262k
2023: €507k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€144k-€178k▲ 23.9%€183k▲ 2.8%€197k▲ 7.8%€211k▲ 6.7%
Operating result€38k-€98k▲ 157%€29k▼ 70.2%€57k▲ 94.1%€46k▼ 19.3%
Net result€9k-€49k▲ 420%€5k▼ 89.8%€14k▲ 185%€13k▼ 8.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 19% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.35M
Fixed assets
€7k▼ 44.7%
Current assets
€1.34M▲ 0.8%
Equity and liabilities €1.35M
Equity
€211k▲ 6.7%
Debt
€1.14M▼ 0.7%
The debt ratio falls from 85.3% to 84.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€53k▼
2023 · €75k
Cash flow
€21k▼
2023 · €33k
Solvency
15.6%▲
2023 · 14.7%
Current ratio
1.53▼
2023 · 1.62
Quick ratio
0.31▼
2023 · 0.63
Debt / equity
5.40▼
2023 · 5.80
ROE
6.3%▼
2023 · 7.3%
ROA
1.0%▼
2023 · 1.1%
Interest coverage
2.03▼
2023 · 2.19
Debt
€1.14M▼
2023 · €1.14M
Debt ≤ 1 year
€879k▲
2023 · €823k
Debt > 1 year
€258k▲
2023 · €251k
Income taxes
€6k▼
2023 · €8k
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€1.34M€1.35M▲
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€7k€2k▼
Current assets29/58€1.33M€1.34M▲
Stocks and contracts in progress3€810k€1.07M▲
Stocks30/36€810k€1.07M▲
Amounts receivable within one year40/41€510k€267k▼
Trade receivables40€505k€254k▼
Other amounts receivable41€5k€13k▲
Cash at bank and in hand54/58€9k€3k▼
Deferred charges and accrued income490/1€2k€482▼
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.35M▲
Equity10/15€197k€211k▲
Contributions10/11€6k€6k=
Reserves13€191k€204k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€189k€202k▲
Amounts payable17/49€1.14M€1.14M▼
Amounts payable after more than one year17€251k€258k▲
Financial debts170/4€251k€258k▲
Amounts payable within one year42/48€823k€879k▲
Current portion of amounts payable after more than one year42€31k€75k▲
Financial debts43€54k-
Credit institutions430/8€54k-
Trade debts44€665k€662k▼
Suppliers440/4€665k€662k▼
Taxes, remuneration and social security45€5k€5k▼
Taxes450/3€5k€5k▼
Other amounts payable47/48€69k€137k▲
Accrued charges and deferred income492/3€71k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€8k▼
Other operating charges640/8€44k€14k▼
Gross operating margin9900€119k€67k▼
Operating profit (loss)9901€57k€46k▼
Financial income75/76B€375€312▼
Recurring financial income75€375€312▼
Financial charges65/66B€34k€26k▼
Recurring financial charges65€34k€26k▼
Profit (loss) for the period before taxes9903€23k€20k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€14k€13k▼
Profit (loss) for the period to be appropriated9905€14k€13k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€13k▼
Transfer to equity691/2€14k€13k▼
To other reserves6921€14k€13k▼
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
13-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 74 days late
2024
31-12
Financial
Equity above €200kEq €211k ▲6.7%
7 profitable years in a row build equity to €211k.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €5k ▼89.8%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €49k ▲420%
Operating result €98k, net result €49k, both a record.
31-12
Financial
Equity above €150kEq €178k ▲23.9%
4 profitable years in a row build equity to €178k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 132 days late
2018
04-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 126 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 143 days late
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 138 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Jodoigne · 1 establishment unit since 2006
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.
Chaussée de Tirlemont(Z.-L.) 4681370 JodoigneGround area
2,329 m²
Building footprint
141 m²
Volume, LiDAR
1,011 m³
2 parcels, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOVE 4D
since 20062.155.680.191
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25114B0470/00D000 | Wallonia | 2,228 m² | 1 · 101 m² | 9.1 m · 2 fl. |
| 25114B0228/00H000 | Wallonia | 101 m² | 1 · 39 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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FM MANAGEMENT SOLUTIONS
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GABRIEL PESTIEAU
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BENELECTRO
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S&O Technics
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Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2006
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43990Other specialised construction activities
43999Specialised construction activities
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.