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B.H.RENOVATIONS

Active
Cooperative companyfounded 2023active for 3 yearsRue Laurent Benoit Dewez 18, 4800 Verviers, BelgiumKBO/BCE: BE 0804.568.082
Summary

The computed 12-month bankruptcy probability of B.H.RENOVATIONS is 10.9% (high). The 2024 annual accounts show equity of €12,033 and a net result of €7,033. Its solvency ranks better than 51% of 9,842 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
Size
€27,597total assets 2024
Equity
€12,033
Profit
€7,033
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
10.9%
Structure
Accounts filed 61 days late0 of 1 deed read
Why 33raises riskNo registered site in the KBO1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 lateFounded in 2023Sector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 55% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 69
equity 43.6% of total assets
Liquidity 26
short-term debt 56.4% · cash 4.1%
Profitability 100
return on assets 25.5%
Bankruptcy probability, 12 months
10.9% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,400 companies, NACE 41, micro)
Last 24 months 11-2024: 7.4%lowest value 12-2024: 7.6%▲ +0.2 percentage points vs 11-2024 01-2025: 8.3%▲ +0.7 percentage points vs 12-2024 02-2025: 8.3%● unchanged vs 01-2025 03-2025: 9.0%▲ +0.7 percentage points vs 02-2025 04-2025: 9.0%● unchanged vs 03-2025 05-2025: 8.7%▼ -0.3 percentage points vs 04-2025 06-2025: 8.7%● unchanged vs 05-2025 07-2025: 9.4%▲ +0.7 percentage points vs 06-2025 08-2025: 9.4%● unchanged vs 07-2025 09-2025: 9.5%▲ +0.1 percentage points vs 08-2025 10-2025: 9.5%● unchanged vs 09-2025 11-2025: 8.9%▼ -0.6 percentage points vs 10-2025 12-2025: 8.9%● unchanged vs 11-2025 01-2026: 8.7%▼ -0.2 percentage points vs 12-2025 02-2026: 8.7%● unchanged vs 01-2026 03-2026: 8.9%▲ +0.2 percentage points vs 02-2026 04-2026: 9.0%▲ +0.1 percentage points vs 03-2026 05-2026: 9.1%▲ +0.1 percentage points vs 04-2026 06-2026: 9.0%▼ -0.1 percentage points vs 05-2026 07-2026: 9.1%▲ +0.1 percentage points vs 06-2026 08-2026: 10.0%▲ +0.9 percentage points vs 07-2026 09-2026: 10.1%▲ +0.1 percentage points vs 08-2026 10-2026: 10.9%▲ +0.8 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.28, below the usual 1.5; short-term debt: 56.4% and cash: 4.1% of total assets), and 56.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 51% on solvency, 21% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 1 of the last 3 late
NBB · filings
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2024
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 61 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Total assets 2024first financial year filed €27,597 View
  • Active since 2023founded 04-08-2023 3 years View

By topic

Financials

Financial year
2024
Total assets
€27,597
Profit
€7,033
Solvency
43.6%
Go to Financials

Company details

Legal form
Cooperative company
Activity
General construction of residential buildingsNACE 41001
Founded
04-08-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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