Equity
MEGA RENOV paid out €15,000 in dividends. That is 50% of the 2025 profit.
MEGA RENOV paid out €15,000 in dividends. That is 50% of the 2025 profit.
The micro format states no turnover.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 52% of them on solvency, 72% 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 low class on 30-06-2025, 0.8% 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).
In July 2024, 39,278 companies had the same profile as MEGA RENOV has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MEGA RENOV itself: 0.9% within 12 months.
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 39,278 companies, not a prediction for MEGA RENOV. 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.
Liquidity is ample, with a current ratio of 1.93 (1.57 in 2024), above the usual 1.5. Short-term debt is 51.7% and cash 79.1% of total assets. However, 51.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 3 accounts on average 18 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.
| Company | ||||
|---|---|---|---|---|
| MEGA RENOV Koekelberg | - | - | 48.3% | - |
| BE&CO PROJECT CONSULTING SRL Asse | - | - | 80.0% | - |
| AL TOITURE Vilvoorde | - | - | 86.8% | - |
| KRALO Geraardsbergen | - | - | 57.6% | - |
| Kratos-Services Turnhout | - | - | 68.5% | - |
| AB Construct & Renovatie Antwerp | €228,734 | 9.8% | 44.3% | - |
| MARCLABEL Sint-Pieters-Leeuw | €49,080 | 51.0% | 62.1% | - |
These companies have the same main activity as MEGA RENOV: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €40,500 and €47,300, founded in 2023.
MEGA RENOV files the micro format. That format states no turnover. The gross margin rose from -€2,866 in 2023 to €34,555 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €300,000. Estimated: probably between €200,000 and €530,000.
Higher than 52% of 35,136 companies in 2025.
Higher than 53% of 34,510 companies in 2025.
Higher than 95% of 34,711 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
41,154 | 13,969 | 899 | |
29/58 |
41,154 | 13,969 | 899 | |
3 |
- | 7,400 | - | |
30/36 |
- | 7,400 | - | |
40/41 |
8,613 | 3,741 | 826 | |
40 |
2,019 | 1,460 | 388 | |
41 |
6,594 | 2,281 | 438 | |
54/58 |
32,542 | 2,827 | 73 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
41,154 | 13,969 | 899 | |
10/15 |
19,874 | 5,073 | -866 | |
10/11 |
2,000 | 2,000 | 2,000 | |
10 |
- | 2,000 | 2,000 | |
100 |
- | 2,000 | 2,000 | |
14 |
17,874 | 3,073 | -2,866 | |
17/49 |
21,281 | 8,895 | 1,765 | |
42/48 |
21,281 | 8,895 | 1,765 | |
44 |
30 | 6,032 | 1,765 | |
440/4 |
30 | 6,032 | 1,765 | |
45 |
8,950 | 2,863 | - | |
450/3 |
2,700 | 2,316 | - | |
454/9 |
6,250 | 548 | - | |
47/48 |
12,300 | - | - | |
| Income statement | ||||
9900 |
34,555 | 19,246 | -2,866 | |
62 |
3,327 | 13,243 | - | |
640/8 |
422 | - | - | |
9901 |
30,806 | 6,003 | -2,866 | |
65/66B |
168 | 64 | - | |
65 |
168 | 64 | - | |
9903 |
30,638 | 5,939 | -2,866 | |
67/77 |
837 | - | - | |
9904 |
29,800 | 5,939 | -2,866 | |
9905 |
29,800 | 5,939 | -2,866 | |
| Appropriation of the result | ||||
9906 |
32,874 | 3,073 | -2,866 | |
14P |
3,073 | -2,866 | - | |
694/7 |
15,000 | - | - | |
694 |
15,000 | - | - | |
| Document | ||||
The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.
| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 29,714 | 2,754 | - | ||
| 19,874 | 5,073 | -866 | ||
| 48.3% | 36.3% | - | ||
| 1.93 | 1.57 | - | ||
| 1.93 | 0.74 | - | ||
| 1.07 | 1.75 | - | ||
| 149.9% | 117.1% | - | ||
| 72.4% | 42.5% | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is over 5.1 times that of 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 63.7% to 51.7%. Equity and debt are higher.
MEGA RENOV has no parent and no holdings in its annual accounts. FAÏK Abdellah is the only director. MEGA RENOV shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
MEGA RENOV was incorporated on 26 July 2023 as a private limited company by one natural person, with a starting capital of €2,000.12 The registered office was moved to Koekelberg in 2026.3 FAÏK Abdellah is director of the company, appointed by deed of 28-07-2023.2
| Establishment | Since | Unit number |
|---|---|---|
| Steengroefstraat 35 registered office 1081 Koekelberg | 01-10-2023 | 2.349.487.973 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21011A0045/00H003 | 115 m² | 1 · 84 m² | 12.7 m · 4 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0804.285.891
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