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Master Renovatie

Active
Private limited companyfounded 2021active for 5 yearsLuikersteenweg 259, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0771.610.947
Summary

Master Renovatie has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,378 and a net result of -€1,879. Equity has been shrinking by about 6.6% per year since 2022. Its solvency ranks better than 95% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 22-07-2021 Normal situation
Activity
Other building finishing work NACE 43350and 5 others
Establishment unit
2.319.796.471 3800 Sint-Truiden, since 22-07-2021
Financial year end
31 December
Peppol
Reachable since 03-03-2025

Board and ownership

Board
  • Matusewicz RadoslawDirector

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
-€1,431
▲ 45.3%
Loss
€1,879
▼ 41.7%
Equity
€21,378
▼ 8.1%
Total assets
€21,438
▼ 14.2%
  • 2025 accounts filed 54 days after the deadline
Turnover not published (micro format)
Filed on 23-09-2026
Score breakdownraises riskLast filed accounts filed 54 days late; 1 of the last 3 accounts lateSize: total assets €21,438lowers riskLiquidity: current ratio 359.46, cash €8,505Equity €21,378 (99.7% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.7% of total assets
Liquidity 100=
short-term debt 0.3% · cash 39.7%
Profitability 16+13
return on assets -8.8%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.5%▲ +0.2 percentage points vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.5%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.9%▲ +0.3 percentage points vs 07-2026 09-2026: 1.0%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.7%▼ -0.3 percentage points vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Short-term debt is 0.3% and cash 39.7% of total assets. 0.3% 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 90% of them on solvency, 96% on liquidity, 13% on profitability and 26% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Six signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 359.46, cash €8,505
NBB · annual accounts
raises risk · Last filed accounts filed 54 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €21,378 (99.7% of total assets)
NBB · annual accounts
raises risk · Size: total assets €21,438
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€1,879
raises risk · 2025 accounts filed 54 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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 · 4 filings
Deviation from the deadline
2025
54 days late
2024
27 days late
2023
6 days early
2022
6 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 17 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 11 August (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 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

Key points

  • Positive: Higher solvency than 95% of companies in specialised constructionsector median 46.7% · 34,946 companies 99.7% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€1,879 View

Recent changes

  1. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as Master Renovatie: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €19,200 and €30,300, founded between 2020 and 2021.

CompanyTotal assetsGross margin
Master Renovatie Sint-Truiden€21,438-€1,431
GRS CLEANING AND CONSTRUCTION Sint-Truiden€20,665€1,131
GOED HAAKS Hasselt€22,832-€20,273
RAPIRA ENGINEERING Anderlecht€24,928-€1,256
BECKX GEERT Rijkevorsel€19,178-€10,917
AYCC Gent€26,549-€26,834
Deracab Hasselt€30,300-€6,172
Full comparison

Key facts about Master Renovatie

What is the company number of Master Renovatie?
The company number of Master Renovatie is 0771.610.947. The VAT number is the same number with BE in front: BE 0771.610.947.
Where is Master Renovatie based?
The registered office is at Luikersteenweg 259, 3800 Sint-Truiden.Company details
What does Master Renovatie do?
According to the KBO register, the main activity is other building finishing work (NACE 43350).
What is the legal form of Master Renovatie?
The legal form of Master Renovatie is Private limited company (BV).
When was Master Renovatie founded?
Master Renovatie was founded on 22-07-2021.
Is Master Renovatie still active?
Yes, Master Renovatie is an active enterprise in the KBO register.
What is the turnover of Master Renovatie?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Master Renovatie profitable?
In financial year 2025, Master Renovatie made a loss of €1,879.
Where can I find the annual accounts of Master Renovatie?
Master Renovatie filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Master Renovatie due?
Master Renovatie must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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