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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RENOPROJECTS from Oostende, company number BE0656647141, closed financial year 2025 with a result of € 176,539 after tax. For that financial year RENOPROJECTS recorded a gross margin of € 258,865 and equity of € 283,261. Compared with financial year 2024, the result moved from € 1,625 to € 176,539. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 283,261
▲ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 176,539
▲ € 174,914 vs 2024
Profit after tax over the fiscal year.
€ 142,416
▲ € 137,962 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 58,250 paid out
33 % of the profit went to the shareholders, the rest stayed in the company.
Debts at end 2025
€ 908,175
▲ 5% vs 2024
€ 4,985 is repaid this year. At this pace the long-term loan is gone in ≈ 46 years.
€ 376,725
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,430
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 46,397 | € 32,712 | € 36,951 | € 258,865 | ▲ € 221,914 |
| Profit after taxes | € 6,221 | € -3,486 | € 1,625 | € 176,539 | ▲ € 174,914 |
| Equity | € 166,832 | € 163,347 | € 164,972 | € 283,261 | ▲ 72% |
| Total debts | € 1,259,357 | € 1,519,874 | € 1,672,487 | € 1,503,280 | ▼ 10% |
| Cash | € 6,294 | € 3,431 | € 4,454 | € 142,416 | ▲ € 137,962 |
| Land & buildings | € 644,893 | € 623,040 | € 601,187 | - | |
| Retained profit | € 154,432 | € 150,947 | € 152,572 | € 270,861 | ▲ 78% |
| Dividend | € 0 | € 0 | € 0 | € 58,250 | |
| Bank debt | € 737,756 | € 894,384 | € 866,759 | € 908,175 | ▲ 5% |
| Balance sheet total | € 1,426,190 | € 1,683,220 | € 1,837,459 | € 1,786,542 | ▼ 3% |
Key figures of RENOPROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
Ask about RENOPROJECTS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to RENOPROJECTS?
What happened at RENOPROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 176,539 (▲ € 174,914 vs 2024). Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Oostende. KBO
In short
From € 6,221 profit in 2022 to € 176,539 profit in 2025.
Paid € 68,500 in corporate taxes since 2022.
Best year ever: 2025, with € 176,539 profit.
Paid out € 58,250 in dividends to the owners in total.
Management
Behind RENOPROJECTS is DAVID PASSCHYN. DAVID PASSCHYN is also behind Team Invest Belgium, DALETI and HAPACO - DAPA CONSTRUCT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Druivenlaan 28
8400 Oostende
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- PASSCHYN David Yves(oprichter) 60%
- HAP Sofie Mariette Paul(oprichter) 40%
Details
- Company number
- 0656.647.141
- VAT number
- BE 0656.647.141
- Registered office
- Druivenlaan 28, 8400 Oostende
- Names & denominations
- RENOPROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 June 2016
- Peppol
- Active · Active since 1 Jan 2001