KW RENOVATIONS
ActiveKW RENOVATIONS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €14k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 47% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-22
Solvency65▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 2.67 in 2024; short-term debt: 59.7% and cash: 8.1% of total assets), but 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.3%
Return on assets
7.7%
Age of the figures
15 mo
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 28-01-2026, 3 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
7 d early
2022
1 d early
2021
5 d early
2020
2 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€72k▲ 23.6%
2024 · €58k
2019: €18k
2020: €32k
2021: €37k
2022: €12k
2023: €7k
2024: €58k
2019 → 2025
Total assets
€178k▲ 18.1%
2024 · €151k
2019: €33k
2020: €67k
2021: €124k
2022: €160k
2023: €114k
2024: €151k
2019 → 2025
Net result
€14k▼ 74.0%
2024 · €53k
2019: €9k
2020: €15k
2021: €7k
2022: €-26k
2023: €-5k
2024: €53k
2019 → 2025
Working capital
€62k▼ 32.9%
2024 · €93k
2019: €16k
2020: €31k
2021: €26k
2022: €7k
2023: €-142
2024: €93k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€12k▼ 68.6%€7k▼ 41.0%€58k▲ 738%€72k▲ 23.6%
Operating result€11k-€-25k€-4k▲ 82.4%€69k€14k▼ 79.4%
Net result€7k-€-26k€-5k▲ 81.2%€53k€14k▼ 74.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €178k
Fixed assets
€9k▲ 314%
Current assets
€169k▲ 13.5%
Equity and liabilities €178k
Equity
€72k▲ 23.6%
Debt
€106k▲ 14.6%
The debt ratio falls from 61.5% to 59.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €73k
Cash flow
€16k▼
2024 · €58k
Solvency
40.3%▲
2024 · 38.5%
Current ratio
1.59▼
2024 · 2.67
Quick ratio
1.59▼
2024 · 2.67
Debt / equity
1.48▼
2024 · 1.59
ROE
19.1%▼
2024 · 90.9%
ROA
7.7%▼
2024 · 35.1%
Interest coverage
16.52▼
2024 · 488.42
Debt
€106k▲
2024 · €93k
Debt ≤ 1 year
€106k▲
2024 · €56k
Staff costs
€81k▲
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€151k€178k▲
Fixed assets21/28€2k€9k▲
Tangible fixed assets22/27€2k€9k▲
Plant, machinery and equipment23€897€426▼
Furniture and vehicles24€1k€9k▲
Current assets29/58€148k€169k▲
Amounts receivable within one year40/41€111k€148k▲
Trade receivables40€111k€146k▲
Other amounts receivable41€105€2k▲
Cash at bank and in hand54/58€24k€14k▼
Deferred charges and accrued income490/1€13k€6k▼
Equity and liabilities
Total equity and liabilities10/49€151k€178k▲
Equity10/15€58k€72k▲
Contributions10/11€6k€6k=
Reserves13€74k€74k=
Non-distributable reserves130/1€159€159=
Reserves not available under the articles1311€159€159=
Distributable reserves133€74k€74k=
Profit (loss) carried forward14€-22k€-8k▲
Amounts payable17/49€93k€106k▲
Amounts payable within one year42/48€56k€106k▲
Trade debts44€42k€96k▲
Suppliers440/4€42k€96k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€2k€974▼
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€10k€4k▼
Accrued charges and deferred income492/3€37k-
Income statement
Code20242025
Remuneration, social security and pensions62€61k€81k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Other operating charges640/8€184€97▼
Gross operating margin9900€134k€98k▼
Operating profit (loss)9901€69k€14k▼
Financial income75/76B€472€575▲
Recurring financial income75€472€575▲
Financial charges65/66B€150€995▲
Recurring financial charges65€150€995▲
Profit (loss) for the period before taxes9903€69k€14k▼
Income taxes67/77€16k-
Profit (loss) for the period9904€53k€14k▼
Profit (loss) for the period to be appropriated9905€53k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€-8k▼
Profit (loss) brought forward from the previous period14P€-22k€-22k=
Transfer to equity691/2€51k-
To other reserves6921€51k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €53k
Net result €53k after 2 loss-making years.
30-06
Financial
Liquidity triplescurrent ratio 2.67
Current ratio from 1.00 to 2.67; short-term debt falls from €107k to €56k.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-26k ▼445%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
04-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Molenveld 661653 BeerselGround area
747 m²
Building footprint
119 m²
Volume, LiDAR
769 m³
Parcel 23017E0742/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KW RENOVATIONS
since 20172.266.145.771
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23017E0742/00B000 | Flanders | 747 m² | 1 · 119 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 216 EUR awarded · 216 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 216 EUR | 216 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2017
Fiscal year end30-06
Trade name NL
GALANCIA
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.