BM RENOVATION
ActiveSummary
The computed 12-month bankruptcy probability of BM RENOVATION is 2.6% (moderate). The 2025 annual accounts show equity of €4,985 and a net result of €4,598. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 415 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+35
Solvency68▲+41
Growth65▲+34
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 42
Relative position
BE, all sectors
reference
Civil engineering (NACE 42)
about 27% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €4,985
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
27 d late
2024
31 d early
2023
14 d late
2022
24 d late
2021
19 d late
2020
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 19 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€400,918▲ 105%
2024 · €195,878
EBIT margin
1.8%▲ 1.0pp
2024 · 0.8%
Net result
€4,598▲ 1,360%
2024 · €315
Working capital
€3,830▲ 891%
2024 · €386
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€292,204▲ 37.7%€336,042▲ 15.0%€241,967▼ 28.0%€195,878▼ 19.0%€400,918▲ 105%
Operating result-€1,396-€9,070▼ 550%€6,311€1,634▼ 74.1%€7,246▲ 343%
Net result-€1,907below the sector's middle half-€9,369below the sector's middle half▼ 391%€5,304within the sector's middle half€315below the sector's middle half▼ 94.1%€4,598within the sector's middle half▲ 1,360%
EBIT margin-0.5%▼ 2.4pp-2.7%▼ 2.2pp2.6%▲ 5.3pp0.8%▼ 1.8pp1.8%▲ 1.0pp
Equity€7,136below the sector's middle half▼ 21.1%-€2,233below the sector's middle half€72below the sector's middle half€386below the sector's middle half▲ 438%€4,985below the sector's middle half▲ 1,190%
Total assets€26,772below the sector's middle half▼ 35.4%€9,443below the sector's middle half▼ 64.7%€9,911below the sector's middle half▲ 5.0%€21,780below the sector's middle half▲ 120%€11,617below the sector's middle half▼ 46.7%
Debt€19,636▼ 39.4%€11,675▼ 40.5%€9,839▼ 15.7%€21,394▲ 117%€6,632▼ 69.0%
Working capital€5,409within the sector's middle half=-€1,901below the sector's middle half€821below the sector's middle half€386below the sector's middle half▼ 52.9%€3,830below the sector's middle half▲ 891%
Solvency26.7%within the sector's middle half▲ 4.8pp-23.6%below the sector's middle half▼ 50.3pp0.7%below the sector's middle half▲ 24.4pp1.8%below the sector's middle half▲ 1.0pp42.9%within the sector's middle half▲ 41.1pp
Current ratio1.78within the sector's middle half▲ 0.130.81below the sector's middle half▼ 0.971.09within the sector's middle half▲ 0.281.02below the sector's middle half▼ 0.071.58within the sector's middle half▲ 0.56
Return on assets (ROA)-7.1%below the sector's middle half▼ 12.1pp-99.2%below the sector's middle half▼ 92.1pp53.5%above the sector's middle half▲ 152.7pp1.4%within the sector's middle half▼ 52.1pp39.6%above the sector's middle half▲ 38.1pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Turnover +105% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 343% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11,617
Fixed assets
€1,154
Current assets
€10,463
Equity and liabilities €11,617
Equity
€4,985 ▲ 1,190%
Debt
€6,632 ▼ 69.0%
Debt's share of the balance-sheet total falls from 98.2% to 57.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€7,314
Cash flow
€4,666
Debt to equity
1.33
ROE
92.2%
Interest coverage
57.16
Debt ≤ 1 year
€6,632▼
2024 · €21,394
Income taxes
€2,565▲
2024 · €1,167
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €292,204 | €336,042 | €241,967 | €195,878 | €400,918 | ▲ 105% |
| Goods, raw materials, services and sundry goods60/61 | €282,408 | €338,517 | €236,560 | €201,948 | €409,892 | ▲ 103% |
| Remuneration, social security and pensions62 | €0 | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,317 | €13,317 | €1,110 | - | €68 | - |
| Other operating charges640/8 | €1,167 | €942 | €1,987 | €1,652 | €369 | ▼ 77.7% |
| Gross operating margin9900 | €13,088 | €5,189 | €9,408 | €3,286 | €7,683 | ▲ 134% |
| Operating profit (loss)9901 | -€1,396 | -€9,070 | €6,311 | €1,634 | €7,246 | ▲ 343% |
| Financial income75/76B | €0 | €1 | €82 | - | €45 | - |
| Recurring financial income75 | €0 | €1 | €82 | - | €45 | - |
| Financial charges65/66B | €511 | €302 | €247 | €152 | €128 | ▼ 15.8% |
| Recurring financial charges65 | €511 | €302 | €247 | €152 | €128 | ▼ 15.8% |
| Profit (loss) for the period before taxes9903 | -€1,907 | -€9,371 | €6,146 | €1,482 | €7,163 | ▲ 383% |
| Income taxes67/77 | - | -€2 | €842 | €1,167 | €2,565 | ▲ 120% |
| Profit (loss) for the period9904 | -€1,907 | -€9,369 | €5,304 | €315 | €4,598 | ▲ 1,360% |
| Profit (loss) for the period to be appropriated9905 | -€1,907 | -€9,369 | €5,304 | €315 | €4,598 | ▲ 1,360% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,772 | €9,443 | €9,911 | €21,780 | €11,617 | ▼ 46.7% |
| Fixed assets21/28 | €14,427 | €1,110 | €0 | €0 | €1,154 | - |
| Tangible fixed assets22/27 | €14,427 | €1,110 | €0 | €0 | €1,154 | - |
| Furniture and vehicles24 | €14,427 | €1,110 | €0 | €0 | €1,154 | - |
| Current assets29/58 | €12,345 | €8,333 | €9,911 | €21,780 | €10,463 | ▼ 52.0% |
| Amounts receivable within one year40/41 | €6,442 | €6,920 | €1,982 | €3,910 | €8,496 | ▲ 117% |
| Trade receivables40 | €0 | €196 | €0 | €173 | €4,600 | ▲ 2,560% |
| Other amounts receivable41 | €6,442 | €6,724 | €1,982 | €3,737 | €3,896 | ▲ 4.3% |
| Cash at bank and in hand54/58 | €5,443 | €1,413 | €7,929 | €17,871 | €1,966 | ▼ 89.0% |
| Deferred charges and accrued income490/1 | €460 | €0 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,772 | €9,443 | €9,911 | €21,780 | €11,617 | ▼ 46.7% |
| Equity10/15 | €7,136 | -€2,233 | €72 | €386 | €4,985 | ▲ 1,190% |
| Contributions10/11 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Capital10 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Issued capital100 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Profit (loss) carried forward14 | €136 | -€9,233 | -€6,928 | -€6,614 | -€2,015 | ▲ 69.5% |
| Amounts payable17/49 | €19,636 | €11,675 | €9,839 | €21,394 | €6,632 | ▼ 69.0% |
| Amounts payable after more than one year17 | €12,700 | €1,442 | €0 | - | - | - |
| Financial debts170/4 | €12,700 | €1,442 | €0 | - | - | - |
| Amounts payable within one year42/48 | €6,936 | €10,233 | €9,090 | €21,394 | €6,632 | ▼ 69.0% |
| Current portion of amounts payable after more than one year42 | €0 | €0 | €0 | - | - | - |
| Trade debts44 | €4,200 | €9,518 | €2,623 | €19,975 | €1,666 | ▼ 91.7% |
| Suppliers440/4 | €4,200 | €9,518 | €2,623 | €19,975 | €1,666 | ▼ 91.7% |
| Advances received on contracts in progress46 | - | - | €1,008 | €0 | - | - |
| Taxes, remuneration and social security45 | €2,662 | €674 | €1,739 | €1,419 | €2,516 | ▲ 77.3% |
| Taxes450/3 | €2,662 | €674 | €550 | €1,419 | €2,516 | ▲ 77.3% |
| Remuneration and social security454/9 | €0 | €0 | €1,189 | €0 | - | - |
| Other amounts payable47/48 | €74 | €41 | €3,721 | €0 | €2,451 | - |
| Accrued charges and deferred income492/3 | - | - | €749 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,907 | -€9,369 | €5,304 | €315 | €4,598 | ▲ 1,360% |
| + Depreciation and write-downs630 | €13,317 | €13,317 | €1,110 | - | €68 | - |
| Operating cash flow (approximation) | €11,410 | €3,948 | €6,415 | €315 | €4,666 | ▲ 1,382% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1,222 | - |
| Change in cash | - | -€4,031 | €6,516 | €9,942 | -€15,905 | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Back to profitnet €5,304
Net result €5,304 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet -€9,369
Net result drops to -€9,369, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2020
Ground area
181 m²
Building footprint
104 m²
Volume, LiDAR
938 m³
Parcel 21526D0082/00H003, Brussels · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
17
companies at this address
See who is registered here
1 establishment unit
Eerwaarde Pater Pirestraat 7, 1080 Sint-Jans-Molenbeek
since 20202.299.422.414
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21526D0082/00H003 | Brussels | 181 m² | 1 · 104 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 337 companies in this sector we hold annual accounts for 149. 50 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
42219Civil engineering
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0743817873
Also
9925:BE0743817873
Registered
07-07-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.