Financials
Financial year 2025
RENOCONCEPT from Kortenberg, company number BE0885970878, closed financial year 2025 with a result of € 120,683 after tax. For that financial year RENOCONCEPT recorded a gross margin of € 425,634 and equity of € 698,567. Compared with financial year 2024, the result moved from € 128,841 to € 120,683. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 18, 2025.
€ 698,567
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 120,683
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 428,657
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 21,789 paid out
18 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
2.3
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 123,603
▲ 36% vs 2024
€ 53,700 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.
€ 45,422
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 992,387
▲ 111% vs 2024
€ 112,800 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 124,408
▲ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,014
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 277,383 | € 281,042 | € 436,444 | € 425,634 | ▼ 2% |
| Profit after taxes | € 69,719 | € 21,190 | € 128,841 | € 120,683 | ▼ 6% |
| Equity | € 449,644 | € 470,833 | € 599,674 | € 698,567 | ▲ 16% |
| Total debts | € 748,712 | € 915,113 | € 944,035 | € 1,548,941 | ▲ 64% |
| Cash | € 501,441 | € 368,604 | € 591,327 | € 428,657 | ▼ 28% |
| Land & buildings | € 513,865 | € 827,247 | € 757,776 | € 1,537,532 | ▲ 103% |
| Retained profit | € 437,244 | € 458,433 | € 587,274 | € 686,167 | ▲ 17% |
| Dividend | € 0 | € 0 | € 0 | € 21,789 | |
| Bank debt | € 320,912 | € 565,157 | € 469,411 | € 992,387 | ▲ 111% |
| Balance sheet total | € 1,242,682 | € 1,453,248 | € 1,636,197 | € 2,336,049 | ▲ 43% |
| Employees (FTE) | 1.8 | 1.8 | 1.8 | 2.3 | ▲ 0.5 |
Key figures of RENOCONCEPT, 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 October 2026.
What happened to RENOCONCEPT?
What happened at RENOCONCEPT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 120,683 (▼ 6% vs 2024). filed late Source: NBB ↗
- New establishment in Zaventem. KBO
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 69,719 profit in 2022 to € 120,683 profit in 2025.
Paid € 144,390 in corporate taxes since 2022.
Best year ever: 2024, with € 128,841 profit.
On average € 185,100 of value added per employee in 2025.
Management
Behind RENOCONCEPT is Joost MICHIELS. Joost MICHIELS is also behind Team M+ and The Finest.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Winkelstraat 37
3078 Kortenberg
Winkelstraat 37 box 1
3078 Kortenberg
Active since 2 January 2007
Sterrebeekstraat 181 box C2
1930 Zaventem
Active since 1 November 2025
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.
Website
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Hosting & Email
Email provider
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CONTABO, DE
Website info
Features
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Details
- Company number
- 0885.970.878
- VAT number
- BE 0885.970.878
- Registered office
- Winkelstraat 37, 3078 Kortenberg
- Names & denominations
- RENOCONCEPT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 December 2006
- Peppol
- Active · Active since 7 Jul 2025
- Contact
- renoconcept.be
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde werkzaamheden in de bouw
Overige gespecialiseerde bouwwerkzaamheden
Algemene elektrotechnische installatiewerken
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
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