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GREAT RENOVATION

Active
Private limited company (pre-2019)founded 2019active for 7 yearsPaul Hymanslaan 117, 1200 Sint-Lambrechts-Woluwe, Belgium15 active companies are registered at this addressKBO/BCE: BE 0717.972.323
Summary

The computed 12-month bankruptcy probability of GREAT RENOVATION is 3.0% (moderate). The 2025 annual accounts show negative equity (-€43,388) and a net result of €11,345. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 34,699 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
GREAT RENOVATIONActiveChecked score 50/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€86,682total assets 2025
Equity
-€43,388
Profit
€11,345
Turnover not published (micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Structure
2025 accounts filed 31 days late1 deed in the Belgian Official Gazette
Why 50raises riskLast filed accounts filed 31 days late; 3 of the last 3 lateSector: Specialised construction activities (NACE 43)Negative equity -€43,388lowers riskSize: total assets €86,682Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 36% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -50.1% of total assets
Liquidity 4-7
short-term debt 150.1% · cash 2.9%
Profitability 85+85
return on assets 13.1%
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,621 companies, NACE 43, micro)
Last 24 months 11-2024: 6.2% 12-2024: 6.9%▲ +0.7 percentage points vs 11-2024 01-2025: 6.9%● unchanged vs 12-2024 02-2025: 6.9%● unchanged vs 01-2025 03-2025: 6.9%● unchanged vs 02-2025 04-2025: 6.1%▼ -0.8 percentage points vs 03-2025 05-2025: 6.0%▼ -0.1 percentage points vs 04-2025 06-2025: 5.7%▼ -0.3 percentage points vs 05-2025 07-2025: 5.4%▼ -0.3 percentage points vs 06-2025 08-2025: 6.0%▲ +0.6 percentage points vs 07-2025 09-2025: 6.1%▲ +0.1 percentage points vs 08-2025 10-2025: 8.0%▲ +1.9 percentage points vs 09-2025highest value 11-2025: 4.8%▼ -3.2 percentage points vs 10-2025 12-2025: 4.8%● unchanged vs 11-2025 01-2026: 4.8%● unchanged vs 12-2025 02-2026: 4.8%● unchanged vs 01-2026 03-2026: 4.6%▼ -0.2 percentage points vs 02-2026 04-2026: 4.6%● unchanged vs 03-2026 05-2026: 4.5%▼ -0.1 percentage points vs 04-2026 06-2026: 4.4%▼ -0.1 percentage points vs 05-2026 07-2026: 4.4%● unchanged vs 06-2026 08-2026: 5.2%▲ +0.8 percentage points vs 07-2026 09-2026: 3.1%▼ -2.1 percentage points vs 08-2026 10-2026: 3.0%▼ -0.1 percentage points vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.62, compared with 0.56 in 2024, below 1; short-term debt: 150.1% and cash: 2.9% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 3% on solvency, 4% on liquidity, 69% on profitability and 68% on growth.

The bankruptcy probability was computed on 24-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 late
NBB · filings
lowers risk · Size: total assets €86,682
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Negative equity -€43,388
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 34699 sector peers (2025).
NBB · sector comparison
Position among 34699 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filings
Deviation from the deadline
2025
31 days late
2024
58 days late
2023
109 days late
2022
67 days late
2021
31 days late
2020
31 days late
2019
94 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 60 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
25-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €11,345
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€43,388 View
  • Caution: Among the weakest 5% on solvencysector median 46.8% · 34,699 companies -50.1% View
  • Positive: Back in profit in 2025after -€104,295 in 2024 €11,345 View

By topic

Financials

Financial year
2025
Total assets
€86,682
Profit
€11,345
Solvency
-50.1%
Total assets▼ 3.1%
Net result
20192025
Go to Financials

Timeline

Events
10
Since
2020
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 17-11-2024Annual accounts filed
  3. 06-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Other specialised construction activitiesNACE 43990
Founded
11-01-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about GREAT RENOVATION

What is the company number of GREAT RENOVATION?
0717.972.323. In Belgium the VAT number is the company number with BE in front: BE 0717.972.323.
Where is GREAT RENOVATION based?
The registered office is at Paul Hymanslaan 117, 1200 Sint-Lambrechts-Woluwe.Company details
What does GREAT RENOVATION do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of GREAT RENOVATION?
Private limited company (pre-2019) (BVBA).
When was GREAT RENOVATION founded?
On 11-01-2019.
Is GREAT RENOVATION still active?
Yes, GREAT RENOVATION is an active enterprise in the KBO register.
What is the turnover of GREAT RENOVATION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is GREAT RENOVATION profitable?
In financial year 2025, GREAT RENOVATION made a profit of €11,345.
Where can I find the annual accounts of GREAT RENOVATION?
GREAT RENOVATION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GREAT RENOVATION due?
By 31-07-2027, for financial year 2026.Timeline

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