D-RENOVATIONS
ActiveThe computed 12-month bankruptcy probability of D-RENOVATIONS is 2.0% (moderate). The 2025 annual accounts show negative equity (€-17k) and a net result of €-14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7332 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.46 against 0.73 in 2024; short-term debt: 215.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-153.6%
Return on assets
-129.5%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-17k
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
23 d early
2023
27 d late
2022
30 d late
2021
25 d late
2020
47 d late
2019
61 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-17k▼ 539%
2024 · €-3k
2018: €12k
2019: €7k
2020: €-64k
2021: €-19k
2022: €10k
2023: €7k
2024: €-3k
2018 → 2025
Total assets
€11k▼ 67.4%
2024 · €34k
2018: €96k
2019: €96k
2020: €48k
2021: €17k
2022: €33k
2023: €38k
2024: €34k
2018 → 2025
Net result
€-14k▼ 45.6%
2024 · €-10k
2018: €10k
2019: €-17k
2020: €-71k
2021: €45k
2022: €29k
2023: €-3k
2024: €-10k
2018 → 2025
Working capital
€-13k▼ 84.2%
2024 · €-7k
2018: €32k
2019: €21k
2020: €-51k
2021: €-10k
2022: €15k
2023: €8k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-19k-€10k€7k▼ 27.7%€-3k€-17k▼ 539%
Operating result€51k-€41k▼ 18.7%€13k▼ 68.0%€-5k€-13k▼ 153%
Net result€45k-€29k▼ 35.0%€-3k€-10k▼ 258%€-14k▼ 45.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
EBITDA
€-13k▼
2024 · €-961
Cash flow
€-14k▼
2024 · €-6k
Solvency
-153.6%▼
2024 · -7.8%
Current ratio
0.46▼
2024 · 0.73
Quick ratio
0.45▼
2024 · 0.63
Debt / equity
-1.65▲
2024 · -13.78
ROA
-129.5%▼
2024 · -29.0%
Interest coverage
-8.09▼
2024 · -0.23
Debt
€28k▼
2024 · €37k
Debt ≤ 1 year
€24k▼
2024 · €25k
Debt > 1 year
€4k▼
2024 · €12k
Staff costs
€21k▼
2024 · €68k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€34k€11k▼
Fixed assets21/28€16k€0▼
Tangible fixed assets22/27€16k€0▼
Furniture and vehicles24€16k€0▼
Current assets29/58€18k€11k▼
Stocks and contracts in progress3€2k€400▼
Stocks30/36€2k€400▼
Amounts receivable within one year40/41€16k€11k▼
Trade receivables40€11k€6k▼
Other amounts receivable41€5k€5k▼
Equity and liabilities
Total equity and liabilities10/49€34k€11k▼
Equity10/15€-3k€-17k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-23k€-38k▼
Amounts payable17/49€37k€28k▼
Amounts payable after more than one year17€12k€4k▼
Financial debts170/4€9k€4k▼
Other amounts payable178/9€3k€0▼
Amounts payable within one year42/48€25k€24k▼
Current portion of amounts payable after more than one year42€4k€4k▲
Financial debts43€8k€7k▼
Credit institutions430/8€8k€7k▼
Trade debts44€12k€9k▼
Suppliers440/4€12k€9k▼
Taxes, remuneration and social security45€670€0▼
Taxes450/3€670€0▼
Remuneration and social security454/9€0-
Other amounts payable47/48-€3k
Income statement
Code20242025
Non-recurring operating income76A€0€569▲
Remuneration, social security and pensions62€68k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€0▼
Other operating charges640/8€1k€452▼
Non-recurring operating charges66A-€7k
Gross operating margin9900€69k€16k▼
Operating profit (loss)9901€-5k€-13k▼
Financial income75/76B€1k€75▼
Recurring financial income75€1k€75▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€4k€2k▼
Non-recurring financial charges66B€2k€0▼
Profit (loss) for the period before taxes9903€-10k€-14k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-10k€-14k▼
Profit (loss) for the period to be appropriated9905€-10k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-38k▼
Profit (loss) brought forward from the previous period14P€-13k€-23k▼
Transfer from equity791/2€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 1.99
Current ratio from 0.64 to 1.99; short-term debt falls from €27k to €15k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Back to profitnet €45k
Net result €45k after 2 loss-making years.
16-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 47 days late
2020
31-12
Financial
Weakest financial yearnet €-71k
Net result drops to €-71k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vlaschaard(Heu) 398501 KortrijkGround area
584 m²
Building footprint
98 m²
Volume, LiDAR
668 m³
Parcel 34016C0536/00L005, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
D-RENOVATIONS
since 20152.244.261.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34016C0536/00L005 | Flanders | 584 m² | 1 · 98 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PROMADO
BE 0400.754.510
Mechelen · Eq €7k
JLG RENOVE
BE 1023.164.017
Halle · Eq €7k
TSER
BE 0781.326.486
Tessenderlo-Ham · Eq €7k
Real Assets of Africa
BE 0801.068.461
Genk · Eq €7k
Vision Projects
BE 0769.552.171
Antwerpen · Eq €7k
Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 7,956 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.