ACTIVE

RENOVEST PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

33,8 k €

-52.5% YoY

Gross margin

193,1 k €

-23.2% YoY

Equity

320,7 k €

+4.3% YoY

Workforce

1,6 ETP

0.0% YoY

What does RENOVEST PROJECTS do?

RENOVEST PROJECTS is a Private limited company incorporated in 1992. Its main activity is: Joinery installation. Its registered office is in Ronse. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0446.756.858

Incorporation

28/02/1992

Legal form

Private limited company

Registered office

Chaussée de Leuze 257
9600 Ronse · FlandreSee on map

Contributed capital

35 440,55 €

Latest accounts

31/12/2025

Average workforce

1,6 ETP

Activities (NACE)

43320Joinery installation· main 43320Joinery installation 43221Plumbing, heat and air-conditioning installation 43221Plumbing, heat and air-conditioning installation 43350Building completion and finishing 43390Other building completion and finishing+2

Joint committees (2)

1240
2000

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	193,1 k €	-23.2%	251,5 k €	-24.7%	334,1 k €	+48.7%	224,7 k €	+58.3%	142 k €	+248%	40,8 k €	+153%	-76,6 k €	-622%	-10,6 k €	-191%	11,7 k €	-81.3%	62,6 k €	+84.9%	33,9 k €	-38.2%	54,8 k €	-18.9%	67,5 k €	-17.1%	81,5 k €	+34.9%	60,4 k €	+71.6%	35,2 k €	-21.2%	44,7 k €	+92.7%	23,2 k €
EBITDA	96,2 k €	-39.2%	158,3 k €	-25.8%	213,4 k €	+70.4%	125,3 k €	+11.6%	112,2 k €	+379%	23,4 k €	+127%	-88,1 k €	-341%	-20 k €	-201%	-6,6 k €	-114%	47,9 k €	+116%	22,2 k €	-47.7%	42,4 k €	-26.1%	57,4 k €	-27.0%	78,6 k €	+38.1%	56,9 k €	+79.0%	31,8 k €	-19.1%	39,3 k €	+140%	16,4 k €
Operating result	60,7 k €	-46.8%	114,1 k €	-38.1%	184,2 k €	+89.3%	97,3 k €	+7.5%	90,5 k €	+620%	12,6 k €	+113%	-98,2 k €	-221%	-30,6 k €	-85.4%	-16,5 k €	-142%	39,1 k €	+163%	14,9 k €	-57.1%	34,8 k €	-35.7%	54,1 k €	-28.9%	76 k €	+34.9%	56,4 k €	+86.6%	30,2 k €	-19.9%	37,7 k €	+163%	14,3 k €
Net result	33,8 k €	-52.5%	71,3 k €	-37.5%	114 k €	+66.3%	68,6 k €	-4.6%	71,9 k €	+3503%	2 k €	+102%	-107,2 k €	-128%	-47 k €	-96.9%	-23,9 k €	-187%	27,6 k €	+253%	7,8 k €	-73.6%	29,6 k €	-42.6%	51,5 k €	-29.7%	73,3 k €	+47.7%	49,6 k €	+81.5%	27,3 k €	-15.3%	32,3 k €	+164%	12,2 k €
Balance sheet
Equity	320,7 k €	+4.3%	307,6 k €	-3.0%	317,1 k €	+54.9%	204,8 k €	+48.6%	137,8 k €	+2812%	-5,1 k €	+91.1%	-57,1 k €	-214%	50,2 k €	-48.4%	97,2 k €	-24.7%	129,1 k €	+27.2%	101,5 k €	-0.2%	101,7 k €	+41.0%	72,2 k €	+151%	28,7 k €	+164%	-44,6 k €	+52.7%	-94,2 k €	+22.5%	-121,6 k €	+21.0%	-153,8 k €
Total assets	792,7 k €	+3.5%	765,6 k €	-6.0%	814,8 k €	+27.0%	641,4 k €	+8.9%	588,9 k €	+128%	258 k €	+44.5%	178,6 k €	-0.9%	180,1 k €	-25.4%	241,6 k €	+11.2%	217,2 k €	+5.8%	205,4 k €	+23.1%	166,8 k €	+71.9%	97 k €	+161%	37,2 k €	+41.5%	26,3 k €	+112%	12,4 k €	-30.1%	17,8 k €	-56.7%	41,1 k €
Cash	197 k €	+51.6%	129,9 k €	+1860%	6,6 k €	-64.5%	18,7 k €	-29.4%	26,5 k €	+112%	12,5 k €	-31.9%	18,4 k €	-2.7%	18,9 k €	-2.2%	19,3 k €		–		24,3 k €	+423%	4,6 k €	-64.7%	13,2 k €	+161%	5 k €	+554%	769,4 €	-19.1%	951,5 €	-33.2%	1,4 k €	-83.2%	8,5 k €
Debts	468,9 k €	+3.1%	455 k €	-7.9%	494,1 k €	+13.4%	435,8 k €	+6.9%	407,5 k €	+54.9%	263,1 k €	+11.6%	235,6 k €	+81.3%	130 k €	-10.0%	144,5 k €	+64.0%	88,1 k €	-15.2%	103,9 k €	+59.7%	65 k €	+162%	24,9 k €	+194%	8,5 k €	-88.1%	70,9 k €	-33.5%	106,6 k €	-23.5%	139,3 k €	-25.7%	187,6 k €
Other
Workforce	1,6 ETP	0.0%	1,6 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Ilias Claerbout

Director · since 21 juin 2020

Active

Ended mandates

Ilias Claerbout

Managing director · since 21 juin 2020

Ended

Luc Claerbout

Director · since 21 juin 2020

Ended

Ilias Claerbout

Director · since 17 août 2017 · until 20 juin 2020

Ended

Luc Claerbout

Managing director · since 16 juin 2014 · until 16 juin 2020

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	27/08/2025	28/03/2024	29/08/2023	24/08/2022	15/07/2021
General meeting	20/06/2026	21/06/2025	19/03/2024	17/06/2023	18/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	20/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	21/06/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	19/03/2024	28/03/2024	Dutch	PDF
Micro model	31/12/2022	17/06/2023	29/08/2023	Dutch	PDF
Micro model	31/12/2021	18/06/2022	24/08/2022	Dutch	PDF
Micro model	31/12/2020	19/06/2021	15/07/2021	Dutch	PDF
Micro model	31/12/2019	20/06/2020	16/07/2020	Dutch	PDF
Micro model	31/12/2018	15/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	16/06/2018	28/08/2018	Dutch	PDF
Micro model	31/12/2016	17/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	20/06/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	30/08/2014	Dutch	PDF
Abridged model	31/12/2012	17/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	20/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	21/06/2010	31/08/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	26/10/2009	Dutch	PDF
Abridged model	31/12/2007	16/06/2008	26/11/2008	Dutch	PDF
Abridged model	31/12/2006	18/06/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

Ilias Claerbout

Director · since 21 juin 2020

Active

Ended mandates

Ilias Claerbout

Managing director · since 21 juin 2020

Ended

Luc Claerbout

Director · since 21 juin 2020

Ended

Ilias Claerbout

Director · since 17 août 2017 · until 20 juin 2020

Ended

Luc Claerbout

Managing director · since 16 juin 2014 · until 16 juin 2020

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - MAATSCHAPPELIJKE ZETEL - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates28/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares26/02/2018
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates20/09/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/03/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/02/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares02/09/2002
DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202533,8 k €↓
2024
Annual accounts 202471,3 k €↓
2024
Name changeRENOVEST PROJECTS
2023
Annual accounts 2023114 k €↑
2022
Annual accounts 202268,6 k €↓
2021
Annual accounts 202171,9 k €↑
2021
Name changeLUMACO
2018
Annual accounts 20182 k €↑
2017
Annual accounts 2017-107,2 k €↓
2016
Annual accounts 2016-47 k €↓
2015
Annual accounts 2015-23,9 k €↓
2014
Annual accounts 201427,6 k €↑
2013
Annual accounts 20137,8 k €↓
2012
Annual accounts 201229,6 k €↓
2011
Annual accounts 201151,5 k €↓
2010
Annual accounts 201073,3 k €↑
2009
Annual accounts 200949,6 k €↑
2008
Annual accounts 200827,3 k €↓
2007
Annual accounts 200732,3 k €↑
2006
Annual accounts 200612,2 k €
28/02/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

RENOVEST PROJECTS

Overview

What does RENOVEST PROJECTS do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline