Debts
€151,407 96% of the balance sheet
Suppliers 89%Taxes and wages 6%Other 5%
EM RENOVATION
Lifetime
1 annual account with figurespeak €41,916 (2025)
€41,916
peak €3,252 (2025)
€3,252
peak €5,752 (2025)
€5,752
€151,407
Board1 name since 2024
1 directorEL OUASSINI Mounaïm
Documentsfilings and deeds
18-08-202618 days late
2025micro format
Registered office moved from Juprelles to Liège 27-02First year with figures
Key points
from the 2025 annual accountsAt the same address
21 companies
Position in the sector
3.7%
Lower solvency than 89% of companies in specialised construction. Sector median 46.7% · 35,136 companies.
2025 accounts filed 18 days after the deadline
Checked score
30
Weak
Financially stronger than 18% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
10.3% High
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 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 3.9%lowest value
09-2025: 4.0%▲ +0.1 percentage points vs 08-2025
10-2025: 4.5%▲ +0.5 percentage points vs 09-2025
11-2025: 4.7%▲ +0.2 percentage points vs 10-2025
12-2025: 5.1%▲ +0.4 percentage points vs 11-2025
01-2026: 5.1%● unchanged vs 12-2025
02-2026: 5.3%▲ +0.2 percentage points vs 01-2026
03-2026: 5.5%▲ +0.2 percentage points vs 02-2026
04-2026: 9.6%▲ +4.1 percentage points vs 03-2026
05-2026: 9.7%▲ +0.1 percentage points vs 04-2026
06-2026: 10.3%▲ +0.6 percentage points vs 05-2026
07-2026: 10.3%● unchanged vs 06-2026
08-2026: 10.3%● unchanged vs 07-2026
09-2026: 10.3%● unchanged vs 08-2026highest value
10-2026: 10.3%● unchanged vs 09-2026highest value
11-2026: 10.3%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
2 changes of registered office in 24 months
Founded in 2024
Liquidity: current ratio 1.03, cash €1,009
lowers risk
Figures for financial year 2025 (filed on 19-08-2026)
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 10% of them on solvency, 2% on liquidity and 41% 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 high class on 30-06-2025, 14.6% 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, 2,135 companies had the same profile as EM RENOVATION has now. Each dot stands for 6 companies, two years later.
92.1%
were still trading
2.3%
stopped another way
5.2%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EM RENOVATION itself is higher: 10.3% within 12 months. It rests on far more data about EM 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 2,135 companies, not a prediction for EM 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
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.03, below the usual 1.5. Short-term debt is 96.3% and cash 0.6% of total assets. 96.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35136 sector peers (2025).
NBB · sector comparisonPosition among 35136 sector peers
Solvency
better than 10%
← 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 · 1 filingDeviation from the deadline
2025
18 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011122951
Registered-office move
General meeting of 01-01-2026 · Gazette deed
Registered office moved from Juprelles to Liège
New registered office: rue de l'Armistice 53, 4020 Liège · Previous registered office: Rue des Bleuets, 3-4453 Juprelles · General meeting of 10-01-2025 · Gazette deed
Incorporation
Founder: EL OUASSINI Mounaïm · 250 shares · Appointment: EL OUASSINI Mounaïm (director) · published on 05-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EM RENOVATION Auderghem | €157,159 | €41,916 | 3.7% | - |
| Maikel@Work Ardooie | €122,788 | €39,113 | 9.8% | - |
| CAUWELS GEERT Maldegem | €159,885 | €75,272 | 23.8% | - |
| BARONAS CONSTRUCT Sint-Pieters-Leeuw | €119,651 | €58,561 | 68.9% | - |
| MARIUS PRO CONSTRUCT Evere | €88,617 | €68,836 | 82.5% | - |
| ASE BATI Anderlecht | €83,456 | €62,201 | 60.9% | - |
| MAN CONSTRUCT CLEAN Sint-Pieters-Leeuw | €136,510 | €40,201 | 30.8% | - |
These companies have the same main activity as EM RENOVATION: demolition (NACE 43110). They are comparable in size and age: total assets between €83,500 and €160,000, founded between 2023 and 2025.
Official details
Source: KBO- Status
- Active since 03-07-2024Normal situation
- Registered office
- 22 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- DemolitionNACE 43110and 2 others
- Establishment unit
- 2.361.105.8034453 Juprelle, since 03-07-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 07-04-2026
Annual accounts 2025
- ≈ €240,000estimated
- €157,159
- ≈ 0.9 FTEestimated
- Filing
- Filed on 18-08-2026
Insights on EM RENOVATION
The computed 12-month bankruptcy probability of EM RENOVATION is 10.3% (high). The 2025 annual accounts show equity of €5,752 and a net result of €3,252.
Its solvency ranks better than 10% of 35,136 sector peers (NACE 43, financial year 2025). The company has been active since 2024 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 EM RENOVATION
- What is the company number of EM RENOVATION?
- The company number of EM RENOVATION is 1011.122.951. The VAT number is the same number with BE in front: BE 1011.122.951.
- Where is EM RENOVATION based?
- The registered office is at Edouard Pinoyplein 12, 1160 Auderghem.Company details
- What does EM RENOVATION do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of EM RENOVATION?
- EM RENOVATION is a private limited company (BV).
- When was EM RENOVATION founded?
- EM RENOVATION was founded on 03-07-2024.
- Is EM RENOVATION still active?
- Yes, EM RENOVATION is an active enterprise in the KBO register.
- What is the turnover of EM RENOVATION?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €41,916 and 30 comparable companies (NACE 431). It probably lies between €160,000 and €500,000.Financials
- Is EM RENOVATION profitable?
- In financial year 2025, EM RENOVATION made a profit of €3,252.
- Where can I find the annual accounts of EM RENOVATION?
- EM RENOVATION filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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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