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IMMO RENOV DECOR

Active
Private limited companyfounded 2010active for 16 yearsHogestraat 14, 7700 Mouscron, BelgiumKBO/BCE: BE 0828.355.551
Summary

The computed 12-month bankruptcy probability of IMMO RENOV DECOR is 1.7% (moderate). The 2024 annual accounts show equity of €8,275 and a net result of €1,289. Equity has been shrinking by about 6% per year since 2018. Its solvency ranks better than 80% of 35,969 sector peers (NACE 43, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 09-08-2010 Normal situation
Activity
Painting of buildings NACE 43341and 2 others
Establishment unit
2.192.365.294 7700 Mouscron, since 05-08-2010
Financial year end
31 December
Peppol
Reachable since 02-01-2026

Financial position

56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2024
Gross margin
€5,892
▼ 14.0%
Turnover
≈ €59,000
estimated
Profit
€1,289
Equity
€8,275
▲ 18.4%
Total assets
€11,201
▼ 44.4%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed on 20-08-2025)lowers riskLiquidity: current ratio 3.62, cash €7,286Founded in 2010Show the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 66% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 99+39
equity 73.9% of total assets
Liquidity 90+65
short-term debt 26.1% · cash 65.0%
Profitability 66=
return on assets 11.5%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 1.0% 01-2025: 0.9%▼ -0.1 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%▼ -0.1 percentage points vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.5 percentage points vs 07-2025 09-2025: 0.2%▼ -1.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.4%▲ +0.2 percentage points vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.8%▲ +0.2 percentage points vs 07-2026 09-2026: 1.0%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Liquidity is ample, with a current ratio of 3.62 (0.42 in 2023), above the usual 1.5. Short-term debt is 26.1% and cash 65% of total assets. 26.1% 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 43, micro). It does better than 80% of them on solvency, 87% on liquidity, 32% on profitability and 66% on growth.

The bankruptcy probability was computed on 02-11-2026 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 · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 20-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.62, cash €7,286
NBB · annual accounts
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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
18192021222324
2018 to 2024 · latest year €8,275
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, 95 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 20 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
20 days late
2023
54 days late
2022
260 days late
2021
31 days late
2020
17 days late
2019
91 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 79 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 85% of companies in specialised constructionsector median €58,292 · 35,986 companies €8,275 View
  • Board changedlatest change 22-12-2025 · 3 in office 3 joined · 1 left View

Recent changes

  1. · Gazette deed 3 directors appointed, 2 directors resigningChange of role: VERHEVE Michel, from statutory manager to administrateur non statutaire · Resignation: ADINS Charlotte Anne Sophie (gérant non statutaire) · Appointments: VERHEVE Mathias Marcel Michel (administrateur non statutaire) and MATHON Thomas José Francis (administrateur non statutaire)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as IMMO RENOV DECOR: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €10,800 and €17,400, founded between 2001 and 2014.

CompanyTotal assetsGross margin
IMMO RENOV DECOR Mouscron€11,201€5,892
DDDP CONCEPTS Vorst€10,787€6,709
BERTELS WORKS Zoersel€13,437€4,121
CJ-WORKS Kapellen€16,957€5,244
HP SCHILDERWERKEN Alveringem€14,914€8,957
DAVIDECOR Wavre€11,351€9,156
Schilderwerken Baelen Ieper€17,363€3,743
Full comparison

Key facts about IMMO RENOV DECOR

What is the company number of IMMO RENOV DECOR?
The company number of IMMO RENOV DECOR is 0828.355.551. The VAT number is the same number with BE in front: BE 0828.355.551.
Where is IMMO RENOV DECOR based?
The registered office is at Hogestraat 14, 7700 Mouscron.Company details
What does IMMO RENOV DECOR do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of IMMO RENOV DECOR?
The legal form of IMMO RENOV DECOR is Private limited company (BV).
When was IMMO RENOV DECOR founded?
IMMO RENOV DECOR was founded on 09-08-2010.
Is IMMO RENOV DECOR still active?
Yes, IMMO RENOV DECOR is an active enterprise in the KBO register.
What is the turnover of IMMO RENOV DECOR?
The turnover in financial year 2024 is ≈ €59,000. This figure is estimated from the gross margin of €5,892 and 162 comparable companies (NACE 433). It probably lies between €34,000 and €120,000. It is a rough estimate.Financials
Is IMMO RENOV DECOR profitable?
In financial year 2024, IMMO RENOV DECOR made a profit of €1,289.
Where can I find the annual accounts of IMMO RENOV DECOR?
IMMO RENOV DECOR filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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