TITAN RENOVATION
ActiveTITAN RENOVATION has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €74k. Equity is growing by ~37.1% per year across the filed fiscal years. Its solvency ranks better than 79% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▼-2
Solvency99▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 4.48 against 3.34 in 2024; short-term debt: 21.5% and cash: 0.9% of total assets), and 25.7% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.3%
Return on assets
18.3%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 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 · 4 filingsDeviation from the deadline
2025
7 d late
2024
61 d late
2023
58 d late
2022
9 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€301k▲ 32.7%
2024 · €227k
2022: €96k
2023: €154k
2024: €227k
2022 → 2025
Total assets
€406k▲ 14.7%
2024 · €354k
2022: €202k
2023: €228k
2024: €354k
2022 → 2025
Net result
€74k▲ 2.1%
2024 · €73k
2022: €56k
2023: €59k
2024: €73k
2022 → 2025
Working capital
€304k▲ 23.0%
2024 · €247k
2022: €124k
2023: €168k
2024: €247k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€96k-€154k▲ 61.4%€227k▲ 47.1%€301k▲ 32.7%
Operating result€75k-€69k▼ 7.4%€95k▲ 36.3%€83k▼ 12.7%
Net result€56k-€59k▲ 5.0%€73k▲ 24.0%€74k▲ 2.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€14k▲ 1,731%
Current assets
€391k▲ 10.9%
Equity and liabilities €406k
Equity
€301k▲ 32.7%
Debt
€104k▼ 17.6%
The debt ratio falls from 35.8% to 25.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▼
2024 · €96k
Cash flow
€80k▲
2024 · €74k
Solvency
74.3%▲
2024 · 64.2%
Current ratio
4.48▲
2024 · 3.34
Quick ratio
4.48▲
2024 · 3.34
Debt / equity
0.35▼
2024 · 0.56
ROE
24.6%▼
2024 · 32.0%
ROA
18.3%▼
2024 · 20.6%
Interest coverage
49.32▼
2024 · 110.93
Debt
€104k▼
2024 · €127k
Debt ≤ 1 year
€87k▼
2024 · €106k
Debt > 1 year
€17k
Income taxes
€21k▲
2024 · €21k
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€354k€406k▲
Fixed assets21/28€779€14k▲
Tangible fixed assets22/27€779€14k▲
Plant, machinery and equipment23€263€26▼
Furniture and vehicles24€516€14k▲
Current assets29/58€353k€391k▲
Amounts receivable after more than one year29€50k€50k=
Other amounts receivable291€50k€50k=
Amounts receivable within one year40/41€303k€338k▲
Trade receivables40€53k€23k▼
Other amounts receivable41€249k€315k▲
Cash at bank and in hand54/58-€4k
Equity and liabilities
Total equity and liabilities10/49€354k€406k▲
Equity10/15€227k€301k▲
Contributions10/11€500€500=
Reserves13€227k€301k▲
Distributable reserves133€227k€301k▲
Amounts payable17/49€127k€104k▼
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€106k€87k▼
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€35k€25k▼
Suppliers440/4€35k€25k▼
Taxes, remuneration and social security45€35k€47k▲
Taxes450/3€35k€47k▲
Other amounts payable47/48€30k€15k▼
Accrued charges and deferred income492/3€21k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€817€6k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€97k€92k▼
Operating profit (loss)9901€95k€83k▼
Financial income75/76B€28€15k▲
Recurring financial income75€28€15k▲
Financial charges65/66B€861€2k▲
Recurring financial charges65€861€2k▲
Profit (loss) for the period before taxes9903€94k€96k▲
Income taxes67/77€21k€21k▲
Profit (loss) for the period9904€73k€74k▲
Profit (loss) for the period to be appropriated9905€73k€74k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€74k▲
Transfer to equity691/2€73k€74k▲
To other reserves6921€73k€74k▲
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
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Highest result since 2022net €74k ▲2.1%
Net result €74k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €200kEq €227k ▲47.1%
3 profitable years in a row build equity to €227k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
31-12
Financial
Equity above €150kEq €154k ▲61.4%
2 profitable years in a row build equity to €154k.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Schilde · 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.
Oudebaan 2002970 SchildeGround area
1,173 m²
Building footprint
128 m²
Volume, LiDAR
704 m³
Parcel 11039A0551/00C002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
TITAN RENOVATION
since 20132.222.328.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039A0551/00C002 | Flanders | 1,173 m² | 1 · 128 m² | 8.8 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.
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Of 4,013 companies in sector 43310 we hold annual accounts for 1,746. 1,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2013
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.