Turnover
≈ €220,000 estimated
The micro format states no turnover.
CC RENOVATION
Lifetime
2 annual accounts with figures on one time axispeak €22,522 (2025)
€22,522▲ 192%
peak €10,950 (2025)
€10,950▲ 92×
peak €14,069 (2025)
€14,069▲ 351%
€31,140▲ 67.6%
Board2 names since 2023
1 directorBîrlad Vitalie
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Gross margin from €7,713 to €22,522Result from €118 to €10,950Transfer of 5 shares from Birlad Vitalie to Mihalachi Constantin 18-06Registered office moved from Ghent to Wemmel 28-03Equity from €3,118 to €14,069Debts from €18,582 to €31,140
Key points
from the 2025 annual accountsAt the same address
7 companies
Position in the sector
€14,069
Less equity than 80% of companies in specialised construction. Sector median €57,691 · 35,148 companies.
2025 accounts filed 27 days after the deadline
Checked score
39
Weak
Financially stronger than 58% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
5.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 3.0%▲ +0.1 percentage points vs 12-2024
02-2025: 3.3%▲ +0.3 percentage points vs 01-2025
03-2025: 2.4%▼ -0.9 percentage points vs 02-2025lowest value
04-2025: 2.9%▲ +0.5 percentage points vs 03-2025
05-2025: 2.9%● unchanged vs 04-2025
06-2025: 2.9%● unchanged vs 05-2025
07-2025: 2.9%● unchanged vs 06-2025
08-2025: 2.9%● unchanged vs 07-2025
09-2025: 2.9%● unchanged vs 08-2025
10-2025: 3.5%▲ +0.6 percentage points vs 09-2025
11-2025: 4.0%▲ +0.5 percentage points vs 10-2025
12-2025: 3.9%▼ -0.1 percentage points vs 11-2025
01-2026: 4.0%▲ +0.1 percentage points vs 12-2025
02-2026: 4.7%▲ +0.7 percentage points vs 01-2026
03-2026: 4.4%▼ -0.3 percentage points vs 02-2026
04-2026: 4.4%● unchanged vs 03-2026
05-2026: 4.4%● unchanged vs 04-2026
06-2026: 4.4%● unchanged vs 05-2026
07-2026: 4.4%● unchanged vs 06-2026
08-2026: 4.4%● unchanged vs 07-2026
09-2026: 4.5%▲ +0.1 percentage points vs 08-2026
10-2026: 5.2%▲ +0.7 percentage points vs 09-2026highest value
11-2026: 5.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2023
1 change of registered office in 24 months
Liquidity: current ratio 1.71, cash €7, halved
Sector: Specialised construction activities (NACE 43)
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 43, micro). It does better than 33% of them on solvency, 17% on liquidity, 84% on profitability and 98% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 39,278 companies had the same profile as CC RENOVATION has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CC RENOVATION itself is higher: 5.2% within 12 months. It rests on far more data about CC RENOVATION than the profile alone.
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 39,278 companies, not a prediction for CC RENOVATION. 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
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.71 (1.33 in 2024), above the usual 1.5. Short-term debt is 45.6% and cash 0% of total assets. However, 68.9% 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
Five signals.
raises risk
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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 · 2 filingsDeviation from the deadline
2025
27 days late
2024
5 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 16 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- Birlad Vitalie 100 sharesdeed of 20-10-2026
- Mihalachi Constantindeed of 20-10-2026
Recent changes
Transfer of 5 shares from Mihalachi Constantin to Birlad Vitalie
Birlad Vitalie holds 100 shares · Mihalachi Constantin is a shareholder · Board meeting of 08-09-2026 · Gazette deed
Transfer of 5 shares from Birlad Vitalie to Mihalachi Constantin
Birlad Vitalie holds 95 shares · Mihalachi Constantin holds 5 shares · Board meeting of 01-06-2025 · Gazette deed
Registered office moved from Ghent to Wemmel
Transfer of 100 shares from CIORNEI Catalin Nicolae to Bîrlad Vitalie · New registered office: Steenweg op Merchtem 62 2A, 1780 Wemmel · Previous registered office: Pollepelstraat 18, 9000 Gent · General meeting of 09-03-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0798997116
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CC RENOVATION Wemmel | €45,209 | €22,522 | 31.1% | - |
| H. CONSTRUCT COMPANY Beersel | €47,520 | €13,387 | 54.0% | - |
| WORKS BUILD BXL Zaventem | €48,657 | €41,424 | 67.7% | - |
| PERSPOLIS-IR Ghent | €35,394 | €26,295 | 76.1% | - |
| KLUSJES DIERINCK Berlare | €54,619 | €18,873 | 66.1% | - |
| Totaalrenovatie Vermeulen Menen | €48,764 | €17,932 | 26.7% | - |
| RYCKEWAERT BRYAN Koekelare | €75,664 | €27,817 | 46.7% | - |
These companies have the same main activity as CC RENOVATION: demolition (NACE 43110). They are comparable in size and age: total assets between €35,400 and €75,700, founded between 2022 and 2024.
Official details
Source: KBO- Status
- Active since 01-03-2023Normal situation
- Activity
- DemolitionNACE 43110and 5 others
- Establishment unit
- 2.342.358.3749000 Ghent, since 01-03-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 07-03-2025
Insights on CC RENOVATION
The computed 12-month bankruptcy probability of CC RENOVATION is 5.2% (elevated). The 2025 annual accounts show equity of €14,069 and a net result of €10,950.
Its solvency ranks better than 33% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
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 CC RENOVATION
- What is the company number of CC RENOVATION?
- The company number of CC RENOVATION is 0798.997.116. The VAT number is the same number with BE in front: BE 0798.997.116.
- Where is CC RENOVATION based?
- The registered office is at Steenweg op Merchtem 62, 1780 Wemmel.Company details
- What does CC RENOVATION do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of CC RENOVATION?
- CC RENOVATION is a private limited company (BV).
- When was CC RENOVATION founded?
- CC RENOVATION was founded on 01-03-2023.
- Is CC RENOVATION still active?
- Yes, CC RENOVATION is an active enterprise in the KBO register.
- What is the turnover of CC RENOVATION?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €22,522 and 41 comparable companies (NACE 431). It probably lies between €100,000 and €380,000. It is a rough estimate.Financials
- Is CC RENOVATION profitable?
- In financial year 2025, CC RENOVATION made a profit of €10,950.
- Where can I find the annual accounts of CC RENOVATION?
- CC RENOVATION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CC RENOVATION due?
- CC RENOVATION must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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