Financials
- Fiscal year
- 2024
- Total assets
- €68,593
- Profit
- €2,665
- Solvency
- 32.3%
HDC RENOV
ActiveSummary
The computed 12-month bankruptcy probability of HDC RENOV is 3.5% (moderate). The 2024 annual accounts show equity of €22,125 and a net result of €2,665. Its solvency ranks better than 34% of 36,396 sector peers (NACE 43, fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€68,593total assets 2024
- Equity
- €22,125
- Profit
- €2,665
Turnover not published (abridged schema)
Structure
Accounts 68 days overdue0 of 1 deed read
Why 49- Figures for FY 2024 (filed 13-08-2025)- Founded in 2022- 1 financial year not filed after the legal deadline; latest accounts 13 days late+ Liquidity: current ratio 1.42, cash €11,764Show the evidence
Checked score
Score 2024
49
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Average
Solvency
57+7
equity 32.3% of total assets
Liquidity
35+21
short-term debt 67.7% · cash 17.1%
Profitability
74-20
return on assets 3.9%
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 3.2%
12-2024: 3.2%● unchanged vs 11-2024
01-2025: 3.2%● unchanged vs 12-2024
02-2025: 3.2%● unchanged vs 01-2025
03-2025: 3.2%● unchanged vs 02-2025
04-2025: 3.3%▲ +0.1 percentage points vs 03-2025
05-2025: 3.3%● unchanged vs 04-2025
06-2025: 3.2%▼ -0.1 percentage points vs 05-2025
07-2025: 3.2%● unchanged vs 06-2025
08-2025: 3.6%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.4%▼ -2.2 percentage points vs 08-2025
10-2025: 1.4%● unchanged vs 09-2025
11-2025: 1.4%● unchanged vs 10-2025
12-2025: 1.4%● unchanged vs 11-2025
01-2026: 1.4%● unchanged vs 12-2025
02-2026: 1.4%● unchanged vs 01-2026
03-2026: 1.4%● unchanged vs 02-2026
04-2026: 1.5%▲ +0.1 percentage points vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.3%▼ -0.2 percentage points vs 06-2026lowest value
08-2026: 1.9%▲ +0.6 percentage points vs 07-2026
09-2026: 2.3%▲ +0.4 percentage points vs 08-2026
10-2026: 3.5%▲ +1.2 percentage points vs 09-2026
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.33 in 2023; short-term debt: 67.7% and cash: 17.1% of total assets), and 67.7% of the assets are financed with debt.
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 34% on solvency, 24% on liquidity, 46% on profitability and 60% on growth.
The bankruptcy probability was computed on 06-10-2026 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
Five signals.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-08-2025, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
13 days late
2023
28 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 07-11-2022
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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