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Masterénovation

Active
Private limited companyfounded 2024active for 2 yearsExcelsiorlaan 10, 1930 Zaventem, BelgiumKBO/BCE: BE 1004.684.725
Summary

The computed 12-month bankruptcy probability of Masterénovation is 1.7% (moderate). The 2025 annual accounts show equity of €127,239 and a net result of €117,945. Its solvency ranks better than 69% of 34,946 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 15-01-2024 Normal situation
Registered office
119 active companies are registered at this address 20 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Roofing work NACE 43410and 7 others
Establishment unit
2.356.257.583 6200 Châtelet, since 15-01-2024
Financial year end
31 December
Peppol
Reachable since 07-11-2025

Board and ownership

Board

Financial position

57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€154,741
▲ 13×
Turnover
≈ €510,000
estimated
Profit
€117,945
▲ 13×
Equity
€127,239
▲ 14×
Total assets
€199,019
▲ 64.1%
Net result +1,169%: other schema
Score breakdownraises riskFounded in 20241 change of registered office in 24 months1 of the last 3 accounts latelowers riskLiquidity: current ratio 2.43, cash €26,954Show the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 77% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 89+56
equity 63.9% of total assets
Liquidity 51+1
short-term debt 35.8% · cash 13.5%
Profitability 100+43
return on assets 59.3%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 02-2025: 1.9% 03-2025: 1.9%● unchanged vs 02-2025 04-2025: 2.0%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%▲ +0.3 percentage points vs 04-2025 06-2025: 2.4%▲ +0.1 percentage points vs 05-2025 07-2025: 2.7%▲ +0.3 percentage points vs 06-2025 08-2025: 3.0%▲ +0.3 percentage points vs 07-2025 09-2025: 3.5%▲ +0.5 percentage points vs 08-2025 10-2025: 4.1%▲ +0.6 percentage points vs 09-2025 11-2025: 4.1%● unchanged vs 10-2025 12-2025: 4.1%● unchanged vs 11-2025 01-2026: 4.3%▲ +0.2 percentage points vs 12-2025 02-2026: 4.3%● unchanged vs 01-2026highest value 03-2026: 4.3%● unchanged vs 02-2026highest value 04-2026: 4.3%● unchanged vs 03-2026 05-2026: 1.2%▼ -3.1 percentage points vs 04-2026lowest value 06-2026: 1.2%● unchanged vs 05-2026lowest value 07-2026: 1.2%● unchanged vs 06-2026lowest value 08-2026: 1.2%● unchanged vs 07-2026lowest value 09-2026: 1.7%▲ +0.5 percentage points vs 08-2026 10-2026: 1.7%● unchanged vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.43 (14.3 in 2024), above the usual 1.5. Short-term debt is 35.8% and cash 13.5% of total assets. 36.1% 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 70% of them on solvency, 45% on liquidity, 92% on profitability and 99% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 2.43, cash €26,954
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 of the last 3 accounts late
NBB · filings
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 05-04-2026, 117 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
117 days early
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 59 days before 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.
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Key points

  • Positive: Result rose in 2025different schema filed ▲ 13× View
  • Positive: Higher net result than 95% of companies in specialised constructionsector median €10,221 · 34,933 companies €117,945 View
  • Caution: Board changedlatest change 01-05-2026 · 1 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Appointment: AURORE HUBIN (director)Resignation: Mounir Rabyi (director)
  2. · Gazette deed IncorporationStarting capital €1,000 · Appointment: RABYI, Mounir (director)
All 6 events

Comparable companies

These companies have the same main activity as Masterénovation: roofing work (NACE 43410). They are comparable in size and age: total assets between €158,000 and €212,000, founded between 2023 and 2024.

CompanyTotal assetsGross margin
Masterénovation Zaventem€199,019€154,741
ALEX VH Erpe-Mere€188,706€159,790
MdK Dakwerken Essen€181,676€155,726
KMVB DAKWERKEN Heusden-Zolder€187,987€160,453
Algemene Dakwerken Gielen Tongeren-Borgloon€205,128€125,263
MENUITOIT Profondeville€212,129€196,018
MANI TOITURE Zaventem€157,663€128,226
Full comparison

Key facts about Masterénovation

What is the company number of Masterénovation?
The company number of Masterénovation is 1004.684.725. The VAT number is the same number with BE in front: BE 1004.684.725.
Where is Masterénovation based?
The registered office is at Excelsiorlaan 10, 1930 Zaventem.Company details
What does Masterénovation do?
According to the KBO register, the main activity is roofing work (NACE 43410).
What is the legal form of Masterénovation?
The legal form of Masterénovation is Private limited company (BV).
When was Masterénovation founded?
Masterénovation was founded on 15-01-2024.
Is Masterénovation still active?
Yes, Masterénovation is an active enterprise in the KBO register.
What is the turnover of Masterénovation?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €154,741 and 235 comparable companies (NACE 43). It probably lies between €390,000 and €710,000.Financials
Is Masterénovation profitable?
In financial year 2025, Masterénovation made a profit of €117,945.
Where can I find the annual accounts of Masterénovation?
Masterénovation filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Masterénovation due?
Masterénovation must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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