Equity
€17,884 from €65,706 in 2011
Equity fell by 73% in 14 years.
HOME REFRESH
Lifetime
18 annual accounts with figures on one time axispeak €95,660 (2014)
€8,358▼ 48.9%
lowest -€64,053 (2012)
€2,488▼ 76.3%
peak €65,706 (2011)
€17,884▲ 16.2%
€29,424▼ 44.0%
Board2 names since 2022
1 directorVANDENBERGH Sebastien
Documentsfilings and deeds
20-11-202572 days before the deadline
2025micro format
Turnover from €561,722 to €333,751Gross margin from €16,368 to €8,358Result from €10,515 to €2,488Equity from €15,396 to €17,884Debts from €52,507 to €29,424Investments €3,579
Key points
from the 2025 annual accountsTurnover
€333,751 ▼ 40.6%
Turnover fell in 2025 from €561,722 to €333,751.
Investments
€3,579 4.2 × depreciation
Green is investment, beige is depreciation.
Payment terms
6 days to suppliers
HOME REFRESH pays its suppliers 1 day later than in 2024. Customers pay 27 days later.
Filings
18 annual accounts since 2007
The last five annual accounts were filed 72 to 95 days before the end of the period.
At the same address
189 companies
Checked score
68
Healthy
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
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 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.0%
01-2025: 1.0%● unchanged vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
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: 1.0%● unchanged vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.0%● unchanged vs 07-2025
09-2025: 1.1%▲ +0.1 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.3%▲ +0.2 percentage points vs 10-2025highest value
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.3%● unchanged vs 02-2026
04-2026: 0.6%▼ -0.7 percentage points vs 03-2026lowest value
05-2026: 0.6%● unchanged vs 04-2026lowest value
06-2026: 0.6%● unchanged vs 05-2026lowest value
07-2026: 0.6%● unchanged vs 06-2026lowest value
08-2026: 0.6%● unchanged vs 07-2026lowest value
09-2026: 0.7%▲ +0.1 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Size: turnover €333,751, total assets €47,308
Liquidity: current ratio 1.43, cash €1,355, halved
lowers risk
Founded in 2006
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 40% of them on solvency, 12% on liquidity, 20% on profitability and 37% on growth.
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 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 31,368 companies had the same profile as HOME REFRESH has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOME REFRESH itself: 0.7% within 12 months.
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 31,368 companies, not a prediction for HOME REFRESH. 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
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.43 (1.25 in 2024), below the usual 1.5. Short-term debt is 62.2% and cash 2.9% of total assets. 62.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-11-2025, 72 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
72 days early
2024
95 days early
2023
91 days early
2021
72 days early
2020
72 days early
2019
45 days early
2018
65 days early
← 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 73 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 1 November (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
- VANDENBERGH Sebastien 95 sharesdeed of 27-07-2022
- RUIVO PIRES DA CAL Felipe 5 sharesdeed of 27-07-2022
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882681588
Registered-office move
Gazette deed
Amendment of the articles
General meeting of 15-12-2022 · Gazette deed
Registered office moved from Schaerbeek to Watermael-Boitsfort
Transfer of shares from DE BACKER Marcel · New registered office: Square Cicindeles 5, 1170 Watermael-Boitsfort · Previous registered office: Avenue Sleeckx 41B, 1030 Schaerbeek · General meeting of 07-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOME REFRESH Sint-Genesius-Rode | €47,308 | €8,358 | 37.8% | - |
| A-CLIMAT Uccle | €43,797 | €6,785 | 29.8% | - |
| GEWI Olen | €39,520 | €8,972 | 9.5% | - |
| TIDA Putte | €39,714 | €7,567 | -5.5% | - |
| MARIN CONSTRUCT Aalst | €46,626 | €10,731 | 87.9% | - |
| PROCO &CO Tubize | €47,068 | €11,046 | 26.5% | - |
| R.A.N. RENOV Zaventem | €41,323 | €11,645 | 50.1% | - |
These companies have the same main activity as HOME REFRESH: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €39,500 and €47,100, founded between 2005 and 2009.
Official details
Source: KBO- Status
- Active since 24-07-2006Normal situation
- Registered office
- 190 active companies are registered at this address36 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Other specialised construction activitiesNACE 43990and 5 others
- Establishment unit
- 2.157.391.3511170 Watermael-Boitsfort, since 01-01-2007
- Financial year end
- 30 June
- Peppol
- Reachable since 26-10-2025
Annual accounts to 30-06-2025
- €47,308▼ 30.3%
- Filing
- Filed on 20-11-2025, 72 days before the end of the filing period
Insights on HOME REFRESH
HOME REFRESH files the micro format. That format states no turnover. The gross margin fell from €43,073 in 2007 to €8,358 in 2025.
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 HOME REFRESH
- What is the company number of HOME REFRESH?
- The company number of HOME REFRESH is 0882.681.588. The VAT number is the same number with BE in front: BE 0882.681.588.
- Where is HOME REFRESH based?
- The registered office is at Lindestraat 42, 1640 Sint-Genesius-Rode.Company details
- What does HOME REFRESH do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of HOME REFRESH?
- HOME REFRESH is a private limited company (BV).
- When was HOME REFRESH founded?
- HOME REFRESH was founded on 24-07-2006.
- Is HOME REFRESH still active?
- Yes, HOME REFRESH is an active enterprise in the KBO register.
- What is the turnover of HOME REFRESH?
- The turnover of HOME REFRESH was €333,751 in financial year 2025, according to the filed annual accounts.Financials
- Is HOME REFRESH profitable?
- In financial year 2025, HOME REFRESH made a profit of €2,488.
- Where can I find the annual accounts of HOME REFRESH?
- HOME REFRESH filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOME REFRESH due?
- HOME REFRESH must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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