Losses
-€32,281 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
BRC RENOVE
Lifetime
17 annual accounts with figures on one time axispeak €60,175 (2011)
-€3,210▲ €1,869
lowest -€59,694 (2010)
-€9,482▼ €696
peak €32,576 (2022)
€295▼ 97.0%
€9,825▲ 173%
Board1 name since 2024
1 directorBOUSIALI Radi
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Gross margin from -€5,079 to -€3,210Loss of €9,482Equity from €9,777 to €295Debts from €3,602 to €9,825Cash from €479 to €1,444
Key points
from the 2025 annual accountsDebts
€9,825 97% of the balance sheet
Liquidity
0.99 was 3.61 in 2024
Short-term debts rose from €3,602 to €9,825.
Filings
17 annual accounts since 2009
Ten of the last ten came late. The 2022 accounts came latest: 204 days after the end of the period.
At the same address
285 companies
Position in the sector
€295
Less equity than 87% of companies in construction of buildings. Sector median €45,544 · 9,455 companies.
Turnover not published (micro format)
Checked score
52
Fair
Financially stronger than 9% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 5.5%
01-2025: 5.4%▼ -0.1 percentage points vs 12-2024
02-2025: 5.4%● unchanged vs 01-2025
03-2025: 5.3%▼ -0.1 percentage points vs 02-2025
04-2025: 5.4%▲ +0.1 percentage points vs 03-2025
05-2025: 5.3%▼ -0.1 percentage points vs 04-2025
06-2025: 5.0%▼ -0.3 percentage points vs 05-2025
07-2025: 5.1%▲ +0.1 percentage points vs 06-2025
08-2025: 5.4%▲ +0.3 percentage points vs 07-2025
09-2025: 5.9%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 3.5%▼ -2.4 percentage points vs 09-2025
11-2025: 3.5%● unchanged vs 10-2025
12-2025: 3.5%● unchanged vs 11-2025
01-2026: 3.5%● unchanged vs 12-2025
02-2026: 3.5%● unchanged vs 01-2026
03-2026: 3.5%● unchanged vs 02-2026
04-2026: 3.8%▲ +0.3 percentage points vs 03-2026
05-2026: 3.8%● unchanged vs 04-2026
06-2026: 3.8%● unchanged vs 05-2026
07-2026: 4.2%▲ +0.4 percentage points vs 06-2026
08-2026: 4.4%▲ +0.2 percentage points vs 07-2026
09-2026: 1.8%▼ -2.6 percentage points vs 08-2026lowest value
10-2026: 1.8%● unchanged vs 09-2026lowest value
11-2026: 1.8%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Loss of €9,482, the second in a row (financial year 2025)
Last filed accounts filed 18 days late; 2 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Size: total assets €10,120
Calculation
The band follows from the bankruptcy probability. 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). It does better than 13% of them on solvency, 15% on liquidity, 5% on profitability and 5% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 642 companies had the same profile as BRC RENOVE has now. Each dot stands for 2 companies, two years later.
89.9%
were still trading
5.5%
stopped another way
3.6%
went bankrupt
Another 1.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRC RENOVE itself: 1.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 642 companies, not a prediction for BRC RENOVE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.99 (3.61 in 2024), below 1. Short-term debt is 97.1% and cash 14.3% of total assets. 97.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€9,482
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9452 sector peers (2025).
NBB · sector comparisonPosition among 9452 sector peers
Solvency
better than 14%
← weakest
strongest →
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 10 filingsDeviation from the deadline
2025
18 days late
2024
51 days late
2023
113 days late
2022
204 days late
2021
113 days late
2020
60 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 84 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 November (4 of the last 5 accounts filed within 91 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0899180892
Registered office moved from Koekeiberg to Brussels
New registered office: Rue de la Colonne 1A, 1080 Bruxelles · Previous registered office: Rue des Etangs Noirs 128, 1080 Koekeiberg · General meeting of 01-07-2024 · Gazette deed
Appointment: BOUSIALI Radi (sole director)
Legal-form conversion: to private limited company · General meeting of 29-12-2023 · Gazette deed
First establishment
BRC RENOV, Zwarte Vijversstraat 128, Molenbeek-Saint-Jean
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRC RENOVE Molenbeek-Saint-Jean | €10,120 | -€3,210 | 2.9% | - |
| Philippe CLOSSET Herve | €10,887 | -€2,939 | -194.0% | - |
| GLS Projects Beveren-Kruibeke-Zwijndrecht | €9,094 | -€3,180 | -69.5% | - |
| DE WULF Soignies | €12,270 | -€9,830 | -57.3% | - |
| JURGEN RENOV Frasnes-lez-Anvaing | €10,879 | -€6,360 | -110.9% | - |
| GRAAF JANSDIJK CONSTRUCT Roeselare | €10,015 | -€23,070 | -607.6% | - |
| BOUWBEDRIJF DIEPVENS EDDY Lommel | €9,968 | -€581 | -537.7% | - |
These companies have the same main activity as BRC RENOVE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €9,090 and €12,300, founded between 2005 and 2011.
Official details
Source: KBO- Status
- Active since 10-07-2008Normal situation
- Registered office
- 286 active companies are registered at this address34 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.173.825.4281080 Molenbeek-Saint-Jean, since 24-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Insights on BRC RENOVE
BRC RENOVE files the micro format. That format states no turnover. The gross margin fell from €51,583 in 2009 to -€3,210 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BRC RENOVE
- What is the company number of BRC RENOVE?
- The company number of BRC RENOVE is 0899.180.892. The VAT number is the same number with BE in front: BE 0899.180.892.
- Where is BRC RENOVE based?
- The registered office is at Kolomstraat 1A, 1080 Molenbeek-Saint-Jean.Company details
- What does BRC RENOVE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BRC RENOVE?
- BRC RENOVE is a private limited company (BV).
- When was BRC RENOVE founded?
- BRC RENOVE was founded on 10-07-2008.
- Is BRC RENOVE still active?
- Yes, BRC RENOVE is an active enterprise in the KBO register.
- What is the turnover of BRC RENOVE?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BRC RENOVE profitable?
- In financial year 2025, BRC RENOVE made a loss of €9,482.
- Where can I find the annual accounts of BRC RENOVE?
- BRC RENOVE filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRC RENOVE due?
- BRC RENOVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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