ACTIVE

RENO-K

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Financial year 2025 · closed on 31/12/2025

Net result

290,3 €

-99.5% YoY

Gross margin

404,4 k €

+32.4% YoY

Equity

498,9 k €

+0.1% YoY

Workforce

9,6 ETP

+29.7% YoY

What does RENO-K do?

RENO-K is a Private limited company incorporated in 2009. Its registered office is in Asse. It employs on average 9,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0818.141.550

Incorporation

31/08/2009

Legal form

Private limited company

Registered office

Z. 5 Mollem 44
1730 Asse · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2025

Average workforce

9,6 ETP

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010
Income statement
Gross margin	404,4 k €	+32.4%	305,3 k €	+30.6%	233,8 k €	+73.4%	134,8 k €	-39.5%	222,7 k €	-2.0%	227,3 k €	+78.8%	127,1 k €	+59.4%	79,8 k €	+37.1%	58,2 k €	-59.6%	144 k €	-29.1%	203,2 k €	-11.8%	230,2 k €	+4.5%	220,3 k €	+23.9%	177,7 k €	+9.3%	162,6 k €	+117%	74,8 k €
EBITDA	97,5 k €	-30.2%	139,6 k €	-7.2%	150,4 k €	+52.1%	98,9 k €	-37.0%	156,9 k €	-22.8%	203,2 k €	+75.4%	115,9 k €	+57.3%	73,7 k €	+126%	32,7 k €	-65.4%	94,3 k €	+125%	41,8 k €	+17.5%	35,6 k €	-22.8%	46,1 k €	-19.6%	57,4 k €	+43.8%	39,9 k €	+17.2%	34,1 k €
Operating result	16,1 k €	-80.7%	83,3 k €	-20.9%	105,3 k €	+113%	49,5 k €	-53.2%	105,6 k €	-41.6%	181 k €	+89.2%	95,7 k €	+54.9%	61,8 k €	+610%	8,7 k €	-82.5%	49,7 k €	+145%	20,2 k €	+43.5%	14,1 k €	-36.5%	22,2 k €	+2.9%	21,6 k €	+23.2%	17,5 k €	+119%	8 k €
Net result	290,3 €	-99.5%	59,2 k €	-10.1%	65,8 k €	+109%	31,5 k €	-49.2%	62 k €	-51.2%	127,1 k €	+115%	59,1 k €	+48.7%	39,7 k €	+2582%	-1,6 k €	-109%	18 k €	+1270%	-1,5 k €	-420%	-295,8 €	-104%	8,2 k €	+42.2%	5,8 k €	-39.2%	9,5 k €	+156%	3,7 k €
Balance sheet
Equity	498,9 k €	+0.1%	498,6 k €	+13.5%	439,4 k €	+17.6%	373,6 k €	+9.2%	342,1 k €	+22.1%	280,1 k €	+83.2%	152,9 k €	+63.0%	93,8 k €	+73.5%	54,1 k €	-2.9%	55,7 k €	+47.8%	37,7 k €	-3.9%	39,2 k €	-0.7%	39,5 k €	+26.1%	31,3 k €	+22.5%	25,6 k €	+58.8%	16,1 k €
Total assets	1,8 M €	+12.1%	1,6 M €	+44.3%	1,1 M €	+0.3%	1,1 M €	+7.5%	1 M €	+17.5%	863,4 k €	+65.7%	521,2 k €	+7.8%	483,7 k €	-11.1%	544,2 k €	+19.0%	457,4 k €	+24.6%	367 k €	-21.2%	465,7 k €	-0.6%	468,3 k €	+38.4%	338,3 k €	+37.5%	246,1 k €	+16.2%	211,8 k €
Cash	6,2 k €		–		43,3 k €	+142%	17,9 k €	+57.8%	11,4 k €	-74.8%	45 k €	+97.3%	22,8 k €	+1017%	2 k €	-63.8%	5,6 k €	+20.4%	4,7 k €	+90.6%	2,5 k €	-83.0%	14,4 k €	+1520%	891,2 €	-77.1%	3,9 k €	+19.2%	3,3 k €	-12.9%	3,7 k €
Debts	1,3 M €	+17.7%	1,1 M €	+65.3%	652,8 k €	-5.8%	692,7 k €	+4.1%	665,1 k €	+14.0%	583,4 k €	+58.4%	368,3 k €	-5.5%	389,8 k €	-20.4%	489,9 k €	+21.9%	401,7 k €	+22.0%	329,3 k €	-22.8%	426,5 k €	-0.5%	428,8 k €	+39.7%	307 k €	+39.2%	220,5 k €	+12.7%	195,7 k €
Other
Workforce	9,6 ETP	+29.7%	7,4 ETP		–		–		1,9 ETP	+58.3%	1,2 ETP		–		–		–		–		5,3 ETP	-10.2%	5,9 ETP	-9.2%	6,5 ETP	+14.0%	5,7 ETP	+35.7%	4,2 ETP	+5.0%	4,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

ABDELMAJID EL KALAI

Director

Active

Ended mandates

NICOLAE HIRTOP

Manager · since 01 décembre 2014

Ended

NICOLAE HODINITU

Manager · since 01 avril 2013

Ended

ABDELMAJID EL KALAI

Manager · since 01 octobre 2010

Ended

ABDELMAJID EL KALAI

Manager · since 17 août 2009

Ended

At this address

Other companies at this address

Company	CBE no.
R&K Vastgoed Groep● Active	1018.505.740

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	31/08/2026	31/12/2025	11/10/2024	02/10/2023	17/10/2022	14/03/2022
General meeting	26/06/2026	27/06/2025	28/06/2024	30/06/2023	24/06/2022	25/06/2021
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

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	31/12/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/10/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	02/10/2023	Dutch	PDF
Abridged model	31/12/2021	24/06/2022	17/10/2022	Dutch	PDF
Abridged model	31/12/2020	25/06/2021	14/03/2022	Dutch	PDF
Abridged model	31/12/2019	26/06/2020	09/10/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	22/11/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	19/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	10/11/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	30/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	29/09/2015	Dutch	PDF
Abridged model	31/12/2013	27/06/2014	20/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	19/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	06/07/2012	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	15/07/2011	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 5 ended

Active mandates

ABDELMAJID EL KALAI

Director

Active

Ended mandates

NICOLAE HIRTOP

Manager · since 01 décembre 2014

Ended

NICOLAE HODINITU

Manager · since 01 avril 2013

Ended

ABDELMAJID EL KALAI

Manager · since 01 octobre 2010

Ended

ABDELMAJID EL KALAI

Manager · since 17 août 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/01/2024
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - DOEL
PDF
Registered office09/12/2022
MAATSCHAPPELIJKE ZETEL
PDF
Registered office27/06/2022
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2016
ONTSLAGEN - BENOEMINGEN
PDF
Registered office12/10/2015
MAATSCHAPPELIJKE ZETEL
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 2025290,3 €↓
2024
Annual accounts 202459,2 k €↓
2023
Annual accounts 202365,8 k €↑
2022
Annual accounts 202231,5 k €↓
2021
Annual accounts 202162 k €↓
2020
Annual accounts 2020127,1 k €↑
2019
Annual accounts 201959,1 k €↑
2018
Annual accounts 201839,7 k €↑
2017
Annual accounts 2017-1,6 k €↓
2016
Annual accounts 201618 k €↑
2015
Annual accounts 2015-1,5 k €↓
2014
Annual accounts 2014-295,8 €↓
2013
Annual accounts 20138,2 k €↑
2012
Annual accounts 20125,8 k €↓
2011
Annual accounts 20119,5 k €↑
2010
Annual accounts 20103,7 k €
31/08/2009
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

RENO-K

Overview

What does RENO-K do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

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