Equity
€78,383 ▲ 308%
Equity rose in 2025 from €19,210 to €78,383.
KFS RENOVATION
Lifetime
12 annual accounts with figures on one time axispeak €83,041 (2025)
€83,041▲ 177%
lowest -€35,771 (2022)
€59,173▲ 177%
peak €78,383 (2025)
€78,383▲ 308%
€131,554▲ 41.7%
Board2 names since 2021
2 directorsSokolowska Krystyna and 1 other
Owners3 names in the annual accounts
85%Jaroslaw Sokolowski and 2 others
Documentsfilings and deeds
13-10-202674 days late
2025abbreviated format
Gross margin from €29,984 to €83,041Result from €21,391 to €59,173Equity from €19,210 to €78,383Debts from €92,834 to €131,554Cash from €54,188 to €87,618
Key points
from the 2025 annual accountsChecked score
86
Excellent
Financially stronger than 74% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very 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 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.4%▼ -0.1 percentage points vs 04-2025
06-2025: 1.4%● unchanged vs 05-2025
07-2025: 1.4%● unchanged vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 0.3%▼ -1.5 percentage points vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026lowest value
03-2026: 0.3%● unchanged vs 02-2026lowest value
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.2 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026
10-2026: 0.4%▼ -0.2 percentage points vs 09-2026
11-2026: 0.4%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 74 days late; 1 of the last 3 accounts late
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 1.53, cash €87,618
Founded in 2013
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, 66% on liquidity, 92% on profitability and 97% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 34,693 companies had the same profile as KFS RENOVATION has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of KFS RENOVATION itself: 0.4% 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 34,693 companies, not a prediction for KFS RENOVATION. 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 €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (1.05 in 2024), above the usual 1.5. Short-term debt is 62.7% and cash 41.7% of total assets. However, 62.7% 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 risk
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 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 filingsDeviation from the deadline
2025
74 days late
2024
11 days late
2023
26 days late
2022
on the day
2021
31 days late
2020
30 days late
2019
60 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 33 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 (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 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Jaroslaw Sokolowski 85%annual accounts 2025
- Robert Marek Czekaj 14%annual accounts 2025
- krystyna sokolowska 1%annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0542366293
Change of role: Sokolowski Jaroslaw, from manager to director
Appointment: Sokolowska Krystyna (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Director discharge: Sokolowski Jaroslaw · General meeting of 11-12-2023 · Gazette deed
Incorporation
published on 03-12-2013 · Gazette deed
First establishment
de Laubespinstraat 73, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KFS RENOVATION Brussels | - | - | 37.3% | - |
| AFT BATI Saint-Josse-ten-Noode | - | - | 16.5% | - |
| ETS INTERART Watermael-Boitsfort | - | - | 28.5% | 2 |
| IT CONSTRUCT Jette | €609,128 | 8.4% | 74.1% | - |
| NADCRISMAR Anderlecht | - | - | 92.2% | - |
| P & PLC Jette | €358,219 | 11.5% | 80.4% | - |
| BATECO S.L. Sint-Genesius-Rode | - | - | 61.9% | - |
These companies have the same main activity as KFS RENOVATION: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €167,000 and €222,000, founded between 2013 and 2015.
Official details
Source: KBO- Status
- Active since 21-11-2013Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.224.551.8741020 Brussels, since 21-11-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2026
Insights on KFS RENOVATION
KFS RENOVATION files the abbreviated format. That format states no turnover. The gross margin rose from €22,816 in 2014 to €83,041 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 KFS RENOVATION
- What is the company number of KFS RENOVATION?
- The company number of KFS RENOVATION is 0542.366.293. The VAT number is the same number with BE in front: BE 0542.366.293.
- Where is KFS RENOVATION based?
- The registered office is at de Laubespinstraat 73, 1020 Brussels.Company details
- What does KFS RENOVATION do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of KFS RENOVATION?
- KFS RENOVATION is a private limited company (BV).
- When was KFS RENOVATION founded?
- KFS RENOVATION was founded on 21-11-2013.
- Is KFS RENOVATION still active?
- Yes, KFS RENOVATION is an active enterprise in the KBO register.
- How many employees does KFS RENOVATION have?
- KFS RENOVATION had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of KFS RENOVATION?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €83,041 and 90 comparable companies (NACE 43990). It probably lies between €300,000 and €830,000.
- Is KFS RENOVATION profitable?
- In financial year 2025, KFS RENOVATION made a profit of €59,173.
- Where can I find the annual accounts of KFS RENOVATION?
- KFS RENOVATION filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KFS RENOVATION due?
- KFS RENOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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