Financials
- Financial year
- 2025
- Total assets
- €22,682
- Profit
- €3,338
- Solvency
- 36.8%
M-RENOVATIONS AND PROJECTS
ActiveSummary
M-RENOVATIONS AND PROJECTS has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,338 and a net result of €3,338. Its solvency ranks better than 55% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Development of residential building projects
NACE 68121
1 site
Size
€22,682total assets 2025
- Equity
- €8,338
- Profit
- €3,338
Turnover not published (abbreviated format)
Structure
Accounts filed 20 days late
Why 85raises riskFounded in 2024Size: total assets €22,682lowers riskSector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 20-05-2026)Show the evidence
Checked score
Score 2025
85
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 65% of its sector peers (NACE 68, micro)
Financial strength
Strong
Solvency
62
equity 36.8% of total assets
Liquidity
62
short-term debt 18.3% · cash 13.4%
Profitability
74
return on assets 14.7%
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 0.7%
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.8%▲ +0.1 percentage points vs 12-2025
02-2026: 0.9%▲ +0.1 percentage points vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 1.0%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%● unchanged vs 04-2026
06-2026: 0.9%▼ -0.1 percentage points vs 05-2026
07-2026: 1.0%▲ +0.1 percentage points vs 06-2026
08-2026: 1.1%▲ +0.1 percentage points vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026highest value
10-2026: 0.4%▼ -0.7 percentage points vs 09-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 5.45, above the usual 1.5; short-term debt: 18.3% and cash: 13.4% of total assets), but 63.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 54% on solvency, 73% on liquidity and 68% on profitability.
The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 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 · 1 filingDeviation from the deadline
2025
20 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointment: VERWEY Malcolm Winston Cedric…
Key points
By topic
Board & ownership
- Known shareholders
- 100%
Timeline
- Events
- 2
- Since
- 2024
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 26-08-2024
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 42
- Who signs
- Each director alone
- Annual meeting
- Last Thursday of March at 18:00
- Purpose
- “Consultatie in verband met transport; Alle horeca-activiteiten; Bouw en verbouwingwerken” (deed in Dutch)
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