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IRENOVA

Active
Private limited companyfounded 2016active for 9 yearsPerseweide 19, 8902 Ieper, BelgiumKBO/BCE: BE 0666.474.924

From the official registers: KBO 9 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

IRENOVA has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40,841 and a net result of €503. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 67% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 18-11-2016 Normal situation
Legal form
Private limited company
Registered office
Perseweide 19, 8902 Ieper
Activity
Development of residential building projects NACE 68121and 10 others
Establishment unit
2.258.929.862 8902 Ieper, since 18-11-2016
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€474
▼ 99.0%
Turnover
≈ €2,000
estimated
Profit
€503
▼ 98.3%
Equity
€40,841
▲ 1.2%
Total assets
€80,051
▼ 64.9%
2025 accounts filed 45 days before the deadline
Filed on 16-06-2026at the National Bank
Score breakdownlowers riskLiquidity: current ratio 2.04, cash €70,505, halvedSector: Real estate activities (NACE 68)Size: total assets €80,051Equity €40,841 (51.0% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 55% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 76+33
equity 51.0% of total assets
Liquidity 76+21
short-term debt 49.0% · cash 88.1%
Profitability 20-65
return on assets 0.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: < 0.1%▼ -0.2 percentage points vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (1.22 in 2024), above the usual 1.5. Short-term debt is 49% and cash 88.1% of total assets. 49% 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 68, micro). It does better than 65% of them on solvency, 83% on liquidity, 20% on profitability and 50% 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

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 2.04, cash €70,505, halved
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €80,051
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €40,841 (51.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
45 days early
2024
44 days early
2023
44 days early
2022
29 days late
2021
23 days late
2020
31 days late
2019
31 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 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 18 June (4 of the last 5 filed years within 66 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

Documents

Annual accounts at the NBB

All 9 annual accounts

Articles and registers

Key facts about IRENOVA

What is the company number of IRENOVA?
The company number of IRENOVA is 0666.474.924. The VAT number is the same number with BE in front: BE 0666.474.924.
Where is IRENOVA based?
The registered office is at Perseweide 19, 8902 Ieper.Company details
What does IRENOVA do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of IRENOVA?
The legal form of IRENOVA is Private limited company (BV).
When was IRENOVA founded?
IRENOVA was founded on 18-11-2016.
Is IRENOVA still active?
Yes, IRENOVA is an active enterprise in the KBO register.
What is the turnover of IRENOVA?
The turnover in financial year 2025 is ≈ €2,000. This figure is estimated from the gross margin of €474 and 48 comparable companies (NACE 68121). It probably lies between €970 and €6,200. It is a rough estimate.Financials
Is IRENOVA profitable?
In financial year 2025, IRENOVA made a profit of €503.
Where can I find the annual accounts of IRENOVA?
IRENOVA filed 9 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 IRENOVA due?
IRENOVA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as IRENOVA: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €67,600 and €101,000, founded between 2016 and 2017.

CompanyTotal assetsGross margin
IRENOVA Ieper€80,051€474
DIAMOND OOSTENDE Oostende€72,565-€4,641
Alivonne Oostende€67,626-€108,179
VINEA Waregem€100,745-€27,043
EmmA Ardooie€100,606-€2,677
@RENO_ARTS Evergem€79,961-€2,411
HEIDEKUR Hasselt€82,025-€27
Full comparison

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