BCS RENOVATION
The computed 12-month bankruptcy probability of BCS RENOVATION is 7.5% (elevated). The 2023 annual accounts show equity of €50k and a net result of €42k. Equity is growing by ~303.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 3124 sector peers (fiscal year 2023). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €50k |
| Net result | €42k |
| Better than sector | 88% |
| Active | 5 yrs |
Exceptional profile, strong across almost every axis.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.1% | 37.6% | |
| Net result | €42k | €9k | |
| Equity | €50k | €25k | |
| Gross operating margin | €57k | €27k | |
| Total assets | €67k | €80k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €57k |
| Net profit | €42k |
| Cash flow | €43k |
| Staff costs | - |
| Income taxes | €14k |
| Dividends | - |
| Total assets | €67k |
| Equity | €50k |
| Debt | €17k |
| of which ≤ 1y | €17k |
| of which > 1y | - |
| Working capital | €50k |
| Employees (FTE) | - |
| 2023 | |
|---|---|
| Current ratio | 3.87 |
| Quick ratio | 3.87 |
| Working capital ratio | 74.1% |
| Solvency | 74.1% |
| Debt / equity | 0.35 |
| Long-term debt ratio | - |
| Interest coverage | 212.59 |
| Gross margin | - |
| Net margin | - |
| ROA | 63.2% |
| ROE | 85.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | 6d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €67k |
| Current assets | 29/58 | €67k |
| Amounts receivable within one year | 40/41 | €65k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €67k |
| Equity | 10/15 | €50k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €300 |
| Accumulated profits (losses) | 14 | €46k |
| Amounts payable | 17/49 | €17k |
| Amounts payable within one year | 42/48 | €17k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €57k |
| Operating result | 9901 | €57k |
| Financial charges | 65 | €268 |
| Result before taxes | 9903 | €56k |
| Income taxes | 67/77 | €14k |
| Net result for the period | 9904 | €42k |
| Result to be appropriated | 9905 | €42k |
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 21-02-2021 |
| Status | Active |
| Postal code | 1601 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 23069A0144/00M004 | Flanders | 194 m² | 1 · 168 m² | 11.6 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-03-2026 PAPAS Janjis resigns as werkend vennoot
- PAPAS Janjis, Werkend vennoot
Technical details
{
"events": [
{
"kind": "director_out",
"role": "werkend vennoot",
"person": {
"rrn": null,
"name": "PAPAS Janjis",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2026-03-06",
"evidence_quote": "Het ontsiag van De heer PAPAS Janjis als werkend vennoot die aanvaardt, vanaf 06/03/2026.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Elmazaj Ermal",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2026-03-06",
"evidence_quote": "Mijnheer PAPAS Janjis heeft zijn verlangen uitgesproken om zijn aandelen 10 aan de heer Elmazaj Ermal die aanvaardt, 06/03/2025.",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-18",
"filing_date": "2026-03-11",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-06",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0763.860.845",
"name_full": "BCS RENOVATION",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Elmazaj Ermal",
"org_rep_person_name": null,
"person_role_at_subject": "werkend vennoot"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}04-11-2024 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 10,
"currency": null,
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2024-10-21",
"evidence_quote": "De heer Elmazaj ERMAL ... draagt 10 aandelen van het volledige kapitaal van de vennootschap over aan de heer PAPAS Janjis",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0763.860.845",
"name_full": "BCS RENOVATION",
"legal_form": "BV"
}
}24-02-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1950 Kraainem, Steenweg op Mechelen 455 bus 1",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1986-04-21",
"name": "ELMAZAJ Ermal",
"niss": null,
"address": "B-1210 Sint-Joost-ten-Noode, Leuvensesteenweg 257, derde verdieping"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "ELMAZAJ Ermal",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0763.860.845",
"name_full": "BCS RENOVATION",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-02-17",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BCS RENOVATION |
- 23-02-2026 Address struck