BSL RENOVATION
BSL RENOVATION has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €126k and a net result of €5k. Equity is shrinking by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 16% of 499 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
| Equity | €126k |
| Net result | €5k |
| Staff (FTE) | 19.3 |
| Better than sector | 16% |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
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 | 9.2% | 36.6% | |
| Net result | €5k | €19k | |
| Equity | €126k | €90k | |
| Gross operating margin | €1.20M | €111k | |
| Staff costs | €1.02M | €150k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | full schema | full schema | full schema |
| Revenue | - | - | - |
| EBITDA | €166k | €31k | €139k |
| Net profit | €5k | €-78k | €40k |
| Cash flow | €128k | €5k | €113k |
| Staff costs | €1.02M | €952k | €705k |
| Income taxes | €290 | €2k | €15k |
| Dividends | - | - | - |
| Total assets | €1.37M | €1.74M | €1.16M |
| Equity | €126k | €122k | €200k |
| Debt | €1.25M | €1.62M | €962k |
| of which ≤ 1y | €786k | €1.07M | €824k |
| of which > 1y | €461k | €544k | €137k |
| Working capital | €3k | €-31k | €161k |
| Employees (FTE) | 19.3 | 18.8 | 14.2 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.00 | 0.97 | 1.20 |
| Quick ratio | 0.85 | 0.97 | 1.13 |
| Working capital ratio | 0.2% | -1.8% | 13.8% |
| Solvency | 9.2% | 7.0% | 17.2% |
| Debt / equity | 9.92 | 13.29 | 4.81 |
| Long-term debt ratio | 3.66 | 4.48 | 0.69 |
| Interest coverage | 4.34 | 1.21 | 10.65 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.3% | -4.5% | 3.4% |
| ROE | 3.6% | -64.2% | 19.8% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €1.37M | €1.74M | €1.16M |
| Fixed assets | 21/28 | €583k | €700k | €178k |
| Intangible fixed assets | 21 | €38k | €48k | - |
| Tangible fixed assets | 22/27 | €544k | €651k | €178k |
| Financial fixed assets | 28 | €1k | - | - |
| Current assets | 29/58 | €789k | €1.04M | €984k |
| Stocks & contracts in progress | 3 | €122k | €5k | €53k |
| Amounts receivable within one year | 40/41 | €559k | €831k | €762k |
| Cash & bank | 54/58 | €108k | €201k | €168k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.37M | €1.74M | €1.16M |
| Equity | 10/15 | €126k | €122k | €200k |
| Contributions / capital | 10/11 | €20k | €20k | €19k |
| Reserves | 13 | €105k | €101k | €181k |
| Amounts payable | 17/49 | €1.25M | €1.62M | €962k |
| Amounts payable after one year | 17 | €461k | €544k | €137k |
| Amounts payable within one year | 42/48 | €786k | €1.07M | €824k |
| Trade debts payable within one year | 44 | €312k | €588k | €341k |
| Income statement | ||||
| Gross operating margin | 9900 | €1.20M | €988k | €847k |
| Operating result | 9901 | €43k | €-52k | €66k |
| Financial income | 75 | €332 | €2k | €2k |
| Financial charges | 65 | €38k | €26k | €13k |
| Result before taxes | 9903 | €5k | €-76k | €55k |
| Income taxes | 67/77 | €290 | €2k | €15k |
| Net result for the period | 9904 | €5k | €-78k | €40k |
| Result to be appropriated | 9905 | €5k | €-78k | €40k |
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DNS ManagementPrivate limited companyDirector· perm. rep.: Dorian NEUVILLEState Gazette act 25160229 (18-12-2025)Current04-11-2025 → present
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DP5 managementPrivate limited companyDirector· perm. rep.: David PIERRYState Gazette act 25160229 (18-12-2025)Current04-11-2025 → present
-
Current15-12-2023 → present
-
GEHLEN MANAGEMENTPrivate limited companyDirector· perm. rep.: Roger GEHLENState Gazette act 22020519 (15-02-2022)Current27-01-2022 → present
Former directors (2)
-
Former- → 04-11-2025
-
Former- → 15-01-2022
| NACE primary | Other specialised construction activities(43990) |
| Legal form | Private limited company(610) |
| Incorporation | 22-08-2008 |
| Status | Active |
| Postal code | 4890 |
Show 2 more network connections
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63017C0674/00C000 | Wallonia | 2.0 ha | - | - |
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
18-12-2025 2 directors appointed, 1 resigning
- David PIERRY, Bestuurder
- Dorian NEUVILLE, Bestuurder
- Christophe COURTOIS, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Christophe COURTOIS",
"address": null,
"birth_date": null
},
"effective_date": "2025-11-04",
"evidence_quote": "L\u0027assembl\u00E9e acte la d\u00E9mission de son mandat d\u0027administrateur, remise en date du 04 novembre 2025 par Monsieur Christophe COURTOIS... L\u0027assembl\u00E9e donne d\u00E9charge \u00E0 Monsieur Christophe COURTOIS, de son mandat pour l\u0027exercice social \u00E9coul\u00E9.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "David PIERRY",
"address": null,
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},
"via_org": {
"kbo": "1024632972",
"name": "SRL DP5 Management",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-11-04",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9signe ensuite en tant que nouveaux administrateurs: La SRL DP5 Management BE 1024.632.972... repr\u00E9sent\u00E9e par Monsieur David PIERRY... Les mandats d\u00E9butent ce jour... Les nouveaux administrateurs acceptent leur mandat."
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dorian NEUVILLE",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "1024965445",
"name": "SRL DNS Management",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2025-11-04",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9signe ensuite en tant que nouveaux administrateurs: La SRL DNS Management BE 1024.965.445... repr\u00E9sent\u00E9e par Monsieur Dorian NEUVILLE... Les mandats d\u00E9butent ce jour... Les nouveaux administrateurs acceptent leur mandat."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0899.927.594",
"name_full": "BSL RENOVATION",
"legal_form": "SRL"
}
}21-02-2024 Change in the board of directors
Technical details
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"act_meta": {
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"subject_company": {
"kbo": "0899.927.594",
"name_full": "BSL RENOVATION",
"legal_form": "SRL"
}
}28-12-2023 Registered office moved
Technical details
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"subject_company": {
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}15-02-2022 1 director appointed, 1 resigning
- Roger GEHLEN, Bestuurder
- Pascaline GASPAR, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Pascaline GASPAR",
"address": null,
"birth_date": null
},
"effective_date": "2022-01-15",
"evidence_quote": "L\u0027assembl\u00E9e acte la d\u00E9mission de son mandat d\u0027administrateur, remise en date du 15 janvier 2022 par Madame Pascaline GASPAR, NN 78.04.10-184.18, domicili\u00E9e \u00E0 Pont-Derri\u00E8re la Ville, 4, \u00E0 4960 Malmedy. L\u0027assembl\u00E9e donne d\u00E9charge \u00E0 Madame Pascaline GASPAR, de son mandat pour l\u0027exercice social \u00E9coul\u00E9.",
"discharge_granted": true
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Roger GEHLEN",
"address": null,
"birth_date": null
},
"via_org": {
"kbo": "0899433290",
"name": "SRL GEHLEN MANAGEMENT",
"address": null,
"country": null,
"legal_form": null
},
"effective_date": "2022-01-27",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9signe ensuite la SRL GEHLEN MANAGEMENT, BE0899.433.290, dont le si\u00E8ge est \u00E9tabli avenue Monbijou, 34/G, \u00E0 4960 Malmedy, repr\u00E9sent\u00E9e par son repr\u00E9sentant permanent Monsieur Roger GEHLEN, en tant que nouvel administrateur. Ce mandat d\u00E9bute ce jour et aura une dur\u00E9e illimit\u00E9e."
}
],
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}
}| Legal nameFR | BSL RENOVATION |