Starting capital
€2,000 100 shares
CORREA RENOV
Lifetime
1 annual account with figurespeak €413,421 (2025)
€413,421
peak €56,778 (2025)
€56,778
peak €58,778 (2025)
€58,778
€30,177
Board1 name since 2024
1 directorCORREA DA SILVA Fernando
Documentsfilings and deeds
09-07-202622 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€56,778
Higher net result than 85% of companies in repair and installation of machinery. Sector median €15,463 · 1,698 companies.
Checked score
67
Healthy
Financially stronger than 71% of micro companies in repair and installation of machinery (NACE 33)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 2,397 companies (NACE 33, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
10-2025: 1.8%
11-2025: 1.8%● unchanged vs 10-2025
12-2025: 1.9%▲ +0.1 percentage points vs 11-2025
01-2026: 2.3%▲ +0.4 percentage points vs 12-2025
02-2026: 2.4%▲ +0.1 percentage points vs 01-2026
03-2026: 2.7%▲ +0.3 percentage points vs 02-2026
04-2026: 2.7%● unchanged vs 03-2026
05-2026: 2.9%▲ +0.2 percentage points vs 04-2026
06-2026: 3.0%▲ +0.1 percentage points vs 05-2026highest value
07-2026: 2.9%▼ -0.1 percentage points vs 06-2026
08-2026: 1.1%▼ -1.8 percentage points vs 07-2026lowest value
09-2026: 1.2%▲ +0.1 percentage points vs 08-2026
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Size: turnover €413,421, total assets €88,955
Founded in 2024
lowers risk
Liquidity: current ratio 0.94, cash €23,048
Equity €58,778 (66.1% of total assets)
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 33, micro). It does better than 74% of them on solvency, 65% on liquidity and 73% on profitability.
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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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 CORREA RENOV 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.
That fits the bankruptcy probability of CORREA RENOV itself: 1.2% 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 39,278 companies, not a prediction for CORREA RENOV. 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 €3,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.94, below 1. Short-term debt is 33.9% and cash 25.9% of total assets. 33.9% 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.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
22 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1014243480
First establishment
Louis Vanbeverenstraat 33, Halle
Incorporation
Founding capital of €2,000, 100 shares · Appointment: CORREA DA SILVA Fernando (director) · Capital of €2,000, 100 shares · published on 01-10-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CORREA RENOV Halle | €413,421 | 13.7% | 66.1% | - |
| IASO-CHIRURGIA Liège | €143,775 | 19.5% | 25.9% | - |
| ELECTRO SEM Dilbeek | €96,389 | 33.8% | 30.2% | - |
| AZ Technical support Oudenaarde | - | - | 77.8% | - |
| JOAN Zele | - | - | 71.8% | - |
| GGMS GUARNERI Morlanwelz | - | - | 66.4% | - |
| HiTec Brecht | - | - | 52.0% | - |
Grey: the largest companies of the sector (repair and installation of machinery (NACE 33)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CORREA RENOV: repair and maintenance of fabricated metal products (NACE 33110). They are comparable in size and age: total assets between €65,500 and €125,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 27-09-2024Normal situation
- Activity
- Repair and maintenance of fabricated metal productsNACE 33110and 5 others
- Establishment unit
- 2.365.843.3611500 Halle, since 01-10-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €88,955
- Filing
- Filed on 09-07-2026, 22 days before the end of the filing period
Insights on CORREA RENOV
CORREA RENOV has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58,778 and a net result of €56,778.
Its solvency ranks better than 73% of 1,698 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
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 CORREA RENOV
- What is the company number of CORREA RENOV?
- The company number of CORREA RENOV is 1014.243.480. The VAT number is the same number with BE in front: BE 1014.243.480.
- Where is CORREA RENOV based?
- The registered office is at Louis Vanbeverenstraat 33, 1500 Halle.Company details
- What does CORREA RENOV do?
- According to the KBO register, the main activity is repair and maintenance of fabricated metal products (NACE 33110).
- What is the legal form of CORREA RENOV?
- CORREA RENOV is a private limited company (BV).
- When was CORREA RENOV founded?
- CORREA RENOV was founded on 27-09-2024.
- Is CORREA RENOV still active?
- Yes, CORREA RENOV is an active enterprise in the KBO register.
- What is the turnover of CORREA RENOV?
- The turnover of CORREA RENOV was €413,421 in financial year 2025, according to the filed annual accounts.Financials
- Is CORREA RENOV profitable?
- In financial year 2025, CORREA RENOV made a profit of €56,778.
- Where can I find the annual accounts of CORREA RENOV?
- CORREA RENOV filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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