A.S. RENOVATIONS CONSTRUCTIONS
ActiveThe file of A.S. RENOVATIONS CONSTRUCTIONS contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 2.1% (moderate). The 2025 annual accounts show equity of €130k and a net result of €-15k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 67% of 7452 sector peers (fiscal year 2025).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-42
Solvency85▲+8
Growth52=
Track record85
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity ample (current ratio 3.24 against 3.55 in 2024; short-term debt: 23.4% and cash: 2.3% of total assets), and 40.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
56 d early
2024
37 d late
2023
58 d late
2022
28 d late
2021
31 d late
2020
89 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▼ 10.1%
2024 · €145k
2020: €30k
2021: €60k
2022: €140k
2023: €141k
2024: €145k
2020 → 2025
Total assets
€219k▼ 22.2%
2024 · €281k
2020: €116k
2021: €125k
2022: €304k
2023: €240k
2024: €281k
2020 → 2025
Net result
€-15k
2024 · €4k
2020: €24k
2021: €30k
2022: €79k
2023: €991
2024: €4k
2020 → 2025
Working capital
€115k▼ 29.8%
2024 · €163k
2020: €27k
2021: €36k
2022: €134k
2023: €94k
2024: €163k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€140k▲ 131%€141k▲ 0.7%€145k▲ 3.0%€130k▼ 10.1%
Operating result€41k-€114k▲ 178%€2k▼ 98.0%€9k▲ 299%€-15k
Net result€30k-€79k▲ 162%€991▼ 98.8%€4k▲ 320%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €9k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €219k
Fixed assets
€53k▼ 1.8%
Current assets
€166k▼ 27.0%
Equity and liabilities €219k
Equity
€130k▼ 10.1%
Debt
€88k▼ 35.1%
The debt ratio falls from 48.5% to 40.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€7k▼
2024 · €30k
Cash flow
€7k▼
2024 · €25k
Solvency
59.6%▲
2024 · 51.5%
Current ratio
3.24▼
2024 · 3.55
Quick ratio
0.75▼
2024 · 1.56
Debt / equity
0.68▼
2024 · 0.94
ROE
-11.3%▼
2024 · 2.9%
ROA
-6.7%▼
2024 · 1.5%
Interest coverage
2.28▼
2024 · 8.08
Debt
€88k▼
2024 · €136k
Debt ≤ 1 year
€51k▼
2024 · €64k
Debt > 1 year
€32k▼
2024 · €38k
Staff costs
€69k▼
2024 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€281k€219k▼
Fixed assets21/28€54k€53k▼
Intangible fixed assets21€1k€1k▼
Tangible fixed assets22/27€52k€52k▼
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€44k€43k▼
Current assets29/58€227k€166k▼
Stocks and contracts in progress3€128k€128k=
Stocks30/36€128k€128k=
Amounts receivable within one year40/41€66k€33k▼
Trade receivables40€65k€21k▼
Other amounts receivable41€625€12k▲
Cash at bank and in hand54/58€33k€5k▼
Deferred charges and accrued income490/1€1k€119▼
Equity and liabilities
Total equity and liabilities10/49€281k€219k▼
Equity10/15€145k€130k▼
Contributions10/11€6k€6k=
Reserves13€80k€80k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€59k€44k▼
Amounts payable17/49€136k€88k▼
Amounts payable after more than one year17€38k€32k▼
Financial debts170/4€38k€32k▼
Amounts payable within one year42/48€64k€51k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€36k€26k▼
Suppliers440/4€36k€26k▼
Taxes, remuneration and social security45€18k€19k▲
Taxes450/3€5k€1k▼
Remuneration and social security454/9€12k€17k▲
Other amounts payable47/48€4k€620▼
Accrued charges and deferred income492/3€34k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€84k€69k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€12k€2k▼
Non-recurring operating charges66A€42k-
Gross operating margin9900€167k€78k▼
Operating profit (loss)9901€9k€-15k▼
Financial income75/76B€187€3k▲
Recurring financial income75€187€3k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€5k€-15k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€4k€-15k▼
Profit (loss) for the period to be appropriated9905€4k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€44k▼
Profit (loss) brought forward from the previous period14P€55k€59k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-09
State Gazette act
General meeting · Director resignationGeneral meeting · Director resignation · Director discharge4 facts ▸
State Gazette act
General meeting · Director resignation
General meeting · Director resignation · Director discharge4 facts ▸
- General meeting, 2026-08-17
- Director resignation, Necati ATÈS (enige bestuurder)
- Director discharge, Necati ATÈS
- Director appointment, Ibrahim SAHINDAL (enige bestuurder)
13-08
Bankruptcy
Bankruptcy reversal
Ondernemingsrechtbank Brussel · A.S. RENOVATIONS CONSTRUCTIONS BV LANGE EIKSTRAAT 46, 1970 WEZEMBEEK-OPPEM · event 31-07-2026
08-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · A.S. RENOVATIONS CONSTRUCTIONS BV LANGE EIKSTRAAT 46, 1970 WEZEMBEEK- OPPEM · event 02-06-2026
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-15k ▼453%
Net result drops to €-15k, the lowest in the series.
06-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 37 days late
2024
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2020net €79k ▲162%
Operating result €114k, net result €79k, both a record.
31-12
Financial
Equity above €100kEq €140k ▲131%
3 profitable years in a row build equity to €140k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 directors, no change since 2026
Ibrahim SAHINDAL
CurrentEnige bestuurder · since 18-08-2026
18-08-2026
Ibrahim SAHINDAL: Appointed as Enige bestuurder
17-08-2026
Necati ATÈS: Resigned as Enige bestuurder
30-09-2025
Naci ATÈS: Resigned as Director
22-04-2024
SEN Melih: Resigned as Director
22-04-2024
URAN Aynur: Resigned as Director
24-01-2023
Sen Saïm: Resigned as Director
Location & real-estate footprint
Registered office, Wezembeek-Oppem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Lange Eikstraat 461970 Wezembeek-OppemGround area
1,154 m²
Building footprint
473 m²
Volume, LiDAR
4,004 m³
2 parcels, Flanders, Wallonia · tallest building 14.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
AS RENOVATIONS CONSTRUCTIONS
since 20202.301.319.060
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63058A0273/00Z000 | Wallonia | 634 m² | 1 · 149 m² | 9.8 m · 3 fl. |
| 22006A0114/00P000 | Flanders | 520 m² | 1 · 325 m² | 14.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIES DEWAEL DE KLEETLAAN 5 BC, 1831 DIEGEM- |
02-06-2026 → present |
Similar companies · same sector, comparable size
BOUWBEDRIJF JOHAN MOORS
BE 0884.822.320
Maaseik · Eq €130k
ALGEMENE BOUWWERKEN JEROEN WENES
BE 0755.476.481
Izegem · Eq €130k
THERMO QUALITY SERVICE
BE 1000.825.907
Sint-Agatha-Berchem · Eq €130k
ZASH - RENOV
BE 0480.441.196
Tubize · Eq €130k
ACM BOUW & RENOVATIE
BE 0831.207.351
Dendermonde · Eq €130k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 12,859 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.