Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 70.9 to 53.9.
Financials
Financial year 2025
Société Industrielle de Renory from Liège, company number BE0423175366, closed financial year 2025 with a result of € 89,021 after tax. For that financial year Société Industrielle de Renory recorded revenue of € 7.5 million and equity of € 431,074. Compared with financial year 2024, the result moved from € -573,918 to € 89,021. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 431,074
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,021
▲ still € 573,918 loss in 2024
Profit after tax over the fiscal year.
€ 314,057
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 331,074.
People and assets in 2025
53.9
▼ 9.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.1 million
▲ 2% vs 2024
€ 58,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 230,266
▼ 26% vs 2024
Of which on lease € 80,270.
Debts at end 2025
€ 518,032
▲ 36% vs 2024
€ 106,083 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 755,098
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 63 days on average.
€ 532,906
▲ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,903,749 | € 6,614,944 | € 6,179,573 | € 7,531,206 | ▲ 22% |
| Profit after taxes | € 36,873 | € -884,194 | € -573,918 | € 89,021 | ▲ € 662,939 |
| Equity | € 1,800,165 | € 915,971 | € 342,053 | € 431,074 | ▲ 26% |
| Total debts | € 2,272,441 | € 2,414,073 | € 2,727,507 | € 2,862,131 | ▲ 5% |
| Cash | € 596,672 | € 617,022 | € 553,281 | € 314,057 | ▼ 43% |
| Land & buildings | € 41,708 | € 33,965 | € 48,840 | € 47,052 | ▼ 4% |
| Retained profit | € 1,700,165 | € 815,971 | € 242,053 | € 331,074 | ▲ 37% |
| Dividend | € 1,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 111,971 | € 71,662 | € 381,753 | € 518,032 | ▲ 36% |
| Balance sheet total | € 4,114,966 | € 3,366,050 | € 3,099,212 | € 3,316,502 | ▲ 7% |
| Employees (FTE) | 72.3 | 70.9 | 63.3 | 53.9 | ▼ 9.4 |
Key figures of Société Industrielle de Renory, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Société Industrielle de Renory?
What happened at Société Industrielle de Renory in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas LIMBIOUL stepped down as director. NBB
- Vincent BRASSINNE stepped down as director. NBB
- Emmanuel PORIGNON stepped down as director. NBB
- NOVANDI SPRL stepped down as director. NBB
- Hélène BRAHAM stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 89,021. Source: NBB ↗
- Nicolas LIMBIOUL became a director. NBB
- Vincent BRASSINNE became a director. NBB
In short
From € 36,873 profit in 2022 to € 89,021 profit in 2025.
Paid € 129,753 in corporate taxes since 2022.
Best year ever: 2025, with € 89,021 profit.
Paid out € 1 million in dividends to the owners in total.
Management
The stake of NOVANDI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Société Industrielle de RenoryThe shares are held by NOVANDI (100%).
Directors
According to the 2025 annual accounts
Nicolas LIMBIOUL
Director
Also active at: LIEGE LOGISTICS INTERMODAL, TRANSPORT FLUVIAL DE CONTENEURS, TERCOFIN, LIBACHOT, TERCOFIN BARGING
since 2023 · until 2029
Vincent BRASSINNE
Managing director
Also active at: LIEGE LOGISTICS INTERMODAL, TRANSPORT FLUVIAL DE CONTENEURS, VERSUS, TERCOFIN, TERCOFIN BARGING, ALINEAS SERVICES, DP World Liège, LIEGE CONTAINER TERMINAL
since 2023 · until 2029
since 2023 · until 2029
Director · represented by Philippe PORTIER
Also active at: ATRIUM NOVANDI, VERSUS, TERCOFIN
since 2023 · until 2029
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Renory 478
4031 Liège
Rue de Renory 418
4031 Liège
Active since 28 June 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0423.175.366
- VAT number
- BE 0423.175.366
- Registered office
- Rue de Renory 478, 4031 Liège
- Names & denominations
- Société Industrielle de Renory · Renory
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 September 1982
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Overige vrachtbehandeling, exclusief in zeehavens
Overige vrachtbehandeling
Overige waterbouw
Waterbouw, muv baggerwerken
Distributie van gasvormige brandstoffen via leidingen
Bouwrijp maken van terreinen
Goederenvervoer over de weg
Opslag
+5