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H.C. RENOVATION

Active
Private limited companyfounded 1989active for 37 yearsMorgenlandstraat 125, 1040 Etterbeek, BelgiumKBO/BCE: BE 0436.871.568

From the official registers: KBO 37 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

H.C. RENOVATION has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€58,710) and a net result of €6,296. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 595 sector peers (NACE 33, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 31-01-1989 Normal situation
Legal form
Private limited company
Registered office
Morgenlandstraat 125, 1040 Etterbeek
Activity
Installation of industrial machinery and equipment NACE 33200and 4 others
Establishment unit
2.043.341.622 1040 Etterbeek, since 16-05-1989
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€10,901
Turnover
≈ €74,000
estimated
Profit
€6,296
Equity
-€58,710
▲ 9.7%
Total assets
€47,111
▼ 20.9%
2025 accounts filed 29 days after the deadline
Filed on 29-08-2026at the National Bank
Score breakdownraises riskCapped at 59: negative equitySector: Repair, maintenance and installation of machinery and equipment (NACE 33)Negative equity -€58,710Liquidity: current ratio 0.35, cash €21, halvedlowers riskSize: total assets €47,111Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in repair and installation of machinery (NACE 33)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -124.6% of total assets
Liquidity 0-15
short-term debt 224.6% · cash 0.0%
Profitability 85+85
return on assets 13.4%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,391 companies, NACE 33, micro)
Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 2.4%▼ -0.1 percentage points vs 12-2024 02-2025: 2.4%● unchanged vs 01-2025 03-2025: 2.4%● unchanged vs 02-2025 04-2025: 2.4%● unchanged vs 03-2025 05-2025: 2.4%● unchanged vs 04-2025 06-2025: 2.4%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.2 percentage points vs 06-2025 08-2025: 2.3%▼ -0.3 percentage points vs 07-2025 09-2025: 2.3%● unchanged vs 08-2025 10-2025: 2.3%● unchanged vs 09-2025 11-2025: 2.3%● unchanged vs 10-2025 12-2025: 2.3%● unchanged vs 11-2025 01-2026: 2.3%● unchanged vs 12-2025 02-2026: 2.3%● unchanged vs 01-2026 03-2026: 2.3%● unchanged vs 02-2026 04-2026: 2.3%● unchanged vs 03-2026 05-2026: 2.3%● unchanged vs 04-2026 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.4%▲ +0.2 percentage points vs 06-2026 08-2026: 3.1%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.4%▼ -1.7 percentage points vs 08-2026lowest value 10-2026: 1.4%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.35 (0.38 in 2024), below 1. Short-term debt is 224.6% and cash 0% of total assets. Equity is negative.
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 3% of them on solvency, 1% on liquidity, 62% on profitability and 51% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)
KBO
lowers risk · Size: total assets €47,111
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€58,710
NBB · annual accounts
raises risk · Liquidity: current ratio 0.35, cash €21, halved
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 595 sector peers (2025).
NBB · sector comparison
Position among 595 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
31 days early
2023
45 days early
2022
32 days early
2021
9 days early
2020
7 days late
2019
19 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% 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 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€58,710 View
  • Caution: Lower solvency than 95% of companies in repair and installation of machinerysector median 37.7% · 595 companies -124.6% View

Documents

Annual accounts at the NBB

All 37 annual accounts

Articles and registers

Key facts about H.C. RENOVATION

What is the company number of H.C. RENOVATION?
The company number of H.C. RENOVATION is 0436.871.568. The VAT number is the same number with BE in front: BE 0436.871.568.
Where is H.C. RENOVATION based?
The registered office is at Morgenlandstraat 125, 1040 Etterbeek.Company details
What does H.C. RENOVATION do?
According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
What is the legal form of H.C. RENOVATION?
The legal form of H.C. RENOVATION is Private limited company (BV).
When was H.C. RENOVATION founded?
H.C. RENOVATION was founded on 31-01-1989.
Is H.C. RENOVATION still active?
Yes, H.C. RENOVATION is an active enterprise in the KBO register.
What is the turnover of H.C. RENOVATION?
The turnover in financial year 2025 is ≈ €74,000. This figure is estimated from the gross margin of €10,901 and 2,694 comparable companies of the same size. It probably lies between €31,000 and €180,000. It is a rough estimate. In financial year 2018 turnover was €77,600.Financials
Is H.C. RENOVATION profitable?
In financial year 2025, H.C. RENOVATION made a profit of €6,296.
Where can I find the annual accounts of H.C. RENOVATION?
H.C. RENOVATION filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of H.C. RENOVATION due?
H.C. RENOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as H.C. RENOVATION: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €55,900 and €132,000, founded between 1993 and 2005.

CompanyTotal assetsGross margin
H.C. RENOVATION Etterbeek€47,111€10,901
CRISTAL MONOPOLE BOTTLING INDUSTRIES Heist-op-den-Berg€55,949€12,014
SOLUTIONS INFORMATIQUES EN AUTOMATION, BUREAUTIQUE ET TELECOMMUNICATIONS Oreye€132,116€13,447
BNS WERKEN Bilzen-Hoeselt€76,861€7,116
ELECTRICITE GENERALE ET TRAVAUX SPECIAUX Tournai€88,957€22,853
DIVAS Antwerpen€105,472€25,949
SOCOMEPA Liège€120,147€12,711
Full comparison

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