Warning lights
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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
RENOVECO from Tielt-Winge, company number BE1001457791, closed financial year 2025 with a result of € 1,475 after tax. For that financial year RENOVECO recorded a gross margin of € 33,777 and equity of € 12,754. Compared with financial year 2024, the result moved from € 1,279 to € 1,475. 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 June 26, 2026.
€ 12,754
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,475
▲ 15% vs 2024
Profit after tax over the fiscal year.
€ 60,841
▼ 9% 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 € 2,754.
Debts at end 2025
€ 406,123
▼ 4% vs 2024
€ 16,546 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 37
▼ € 15,336 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,384
▼ 47% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 23,557 | € 33,777 | ▲ 43% |
| Profit after taxes | € 1,279 | € 1,475 | ▲ 15% |
| Equity | € 11,279 | € 12,754 | ▲ 13% |
| Total debts | € 581,743 | € 550,593 | ▼ 5% |
| Cash | € 66,555 | € 60,841 | ▼ 9% |
| Land & buildings | € 493,186 | € 477,952 | ▼ 3% |
| Retained profit | € 1,279 | € 2,754 | ▲ 115% |
| Bank debt | € 420,960 | € 406,123 | ▼ 4% |
| Balance sheet total | € 593,021 | € 563,347 | ▼ 5% |
Key figures of RENOVECO, fiscal years 2024 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 RENOVECO?
What happened at RENOVECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,475 (▲ 15% vs 2024). Source: NBB ↗
- EA C&I Comm.V became a director. NBB
- Blocken Engineering BV became a director. NBB
- New establishment in Tielt-Winge. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,279 profit in 2024 to € 1,475 profit in 2025.
Best year ever: 2025, with € 1,475 profit.
Management
Behind RENOVECO are Hendrik Van Crombrugge, EA C&I Comm.V, Blocken Engineering BV and Davy Goffinghs. Hendrik Van Crombrugge is also behind CLAVIS INVEST. EA C&I Comm.V is also behind Check.Be. Davy Goffinghs is also behind Davy Goffinghs Schilder & Afwerking.
Directors
According to the 2025 annual accounts
since 2026
Director · represented by Michiel Blocken
since 2026
Establishments
Establishment units
Physical locations of this company
Glabbeeksesteenweg 67
3390 Tielt-Winge
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.
Details
- Company number
- 1001.457.791
- VAT number
- BE 1001.457.791
- Registered office
- Glabbeeksesteenweg 67, 3390 Tielt-Winge
- Names & denominations
- RENOVECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 October 2023
- Peppol
- Active · Active since 24 Sept 2026
- Activities · NACE
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