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Revivo Development

Active
Private limited companyfounded 2020active for 5 yearsVennekeslaan 7, 3665 As, BelgiumKBO/BCE: BE 0758.510.603
Summary

The computed 12-month bankruptcy probability of Revivo Development is 6.1% (elevated). The 2024 annual accounts show equity of €18,377 and a net result of €1,920. Equity has been shrinking by about 4.2% per year since 2021. Its solvency ranks better than 91% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 17-11-2020 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Establishment unit
2.309.969.975 3665 As, since 18-11-2020
Financial year end
31 December
Peppol
Reachable since 16-10-2026

Board and ownership

Board

Financial position

39 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.1%
Annual accounts 2024
Gross margin
€2,789
▼ 35.8%
Turnover
≈ €34,000
estimated
Profit
€1,920
▼ 32.5%
Equity
€18,377
▲ 11.7%
Total assets
€21,812
▼ 10.8%
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 28-08-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 1 of the last 3 accounts lateSize: total assets €21,812Show the evidence

Checked score

Score 2024
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 69% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Strong
Solvency 100+8
equity 84.3% of total assets
Liquidity 65-21
short-term debt 15.7% · cash 14.6%
Profitability 80-3
return on assets 8.8%
Bankruptcy probability within 12 months
6.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.7%● unchanged vs 12-2024 02-2025: 1.0%▼ -0.7 percentage points vs 01-2025lowest value 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.0%● unchanged vs 04-2025 06-2025: 1.1%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.7%▲ +0.2 percentage points vs 08-2025 10-2025: 1.7%● unchanged vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.6%▼ -0.1 percentage points vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 1.6%● unchanged vs 03-2026 05-2026: 1.7%▲ +0.1 percentage points vs 04-2026 06-2026: 1.8%▲ +0.1 percentage points vs 05-2026 07-2026: 1.7%▼ -0.1 percentage points vs 06-2026 08-2026: 2.1%▲ +0.4 percentage points vs 07-2026 09-2026: 2.3%▲ +0.2 percentage points vs 08-2026 10-2026: 6.1%▲ +3.8 percentage points vs 09-2026highest value 11-2026: 6.1%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 3.7 (3.06 in 2023), above the usual 1.5. Short-term debt is 15.7% and cash 14.6% of total assets. 15.7% of the assets are financed with debt and provisions.
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 41, micro). It does better than 92% of them on solvency, 70% on liquidity, 60% on profitability and 56% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 28-08-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 28 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €21,812
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year €18,377
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 28 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filings
Deviation from the deadline
2025
not filed
2024
28 days late
2023
30 days late
2022
153 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 61 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Board changedlatest change 04-09-2026 · 2 in office 2 joined · 2 left View
  • Positive: Higher solvency than 91% of companies in construction of buildingssector median 42.3% · 9,836 companies 84.3% View

Recent changes

  1. · Gazette deed Company renamed from "H"Eerlijk to Revivo DevelopmentRegistered office moved from Nieuwerkerken to As · New seat: 3665 As, Vennekeslaan 7 · Previous seat: 3850 Nieuwerkerken, Klein Tegelrijstraat 63
  2. · Gazette deed Registered office moved from Halen to NieuwerkerkenNew seat: Klein Tegelrijstraat 63 te 3850 Nieuwerkerken · Previous seat: Industriepark 1215A te 3545 Halen
  3. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as Revivo Development: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €17,600 and €26,600, founded between 2020 and 2022.

CompanyTotal assetsGross margin
Revivo Development As€21,812€2,789
B.A CONSTRUCT Drogenbos€19,588€2,999
SAS RENOVATORS Antwerpen€23,895€2,811
FULGER Kraainem€26,609€2,547
Mike Construct Quévy€17,636€2,619
G&D BUILDING SOLUTIONS Lummen€26,128€3,605
BOUWWERKEN THEUWISSEN Lummen€20,437€3,705
Full comparison

Key facts about Revivo Development

What is the company number of Revivo Development?
The company number of Revivo Development is 0758.510.603. The VAT number is the same number with BE in front: BE 0758.510.603.
Where is Revivo Development based?
The registered office is at Vennekeslaan 7, 3665 As.Company details
What does Revivo Development do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Revivo Development?
The legal form of Revivo Development is Private limited company (BV).
When was Revivo Development founded?
Revivo Development was founded on 17-11-2020.
Is Revivo Development still active?
Yes, Revivo Development is an active enterprise in the KBO register.
What is the turnover of Revivo Development?
The turnover in financial year 2024 is ≈ €34,000. This figure is estimated from the gross margin of €2,789 and 266 comparable companies (NACE 41001). It probably lies between €18,000 and €61,000. It is a rough estimate.Financials
Is Revivo Development profitable?
In financial year 2024, Revivo Development made a profit of €1,920.
Where can I find the annual accounts of Revivo Development?
Revivo Development filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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