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NEXT LEVEL RENOVATION

Active
Private limited companyfounded 2025active for 1 yearNinoofsesteenweg 118, 1700 Dilbeek, BelgiumKBO/BCE: BE 1023.671.088
Summary

The computed 12-month bankruptcy probability of NEXT LEVEL RENOVATION is 2.0% (moderate). The 2026 annual accounts show equity of €21,093 and a net result of €18,093. Its solvency ranks better than 25% of 216 sector peers (NACE 41, financial year 2026). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€58,342total assets 2026
Equity
€21,093
Profit
€18,093
Turnover not published (micro format)
Financial health
55 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts 37 days early
Why 55raises riskFounded in 2025Sector: Construction of residential and non-residential buildings (NACE 41)Size: total assets €58,342lowers riskLiquidity: current ratio 1.38, cash €14,314Show the evidence

Checked score

Score 2026
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 60% of its sector peers (NACE 41, micro)
Financial strength
Strong
Solvency 61
equity 36.2% of total assets
Liquidity 47
short-term debt 63.8% · cash 24.5%
Profitability 100
return on assets 31.0%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 1.5% (13,424 companies, NACE 41, micro)
Last 24 months 06-2026: 3.6% 07-2026: 3.6%● unchanged vs 06-2026 08-2026: 3.8%▲ +0.2 percentage points vs 07-2026 09-2026: 4.1%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 2.0%▼ -2.1 percentage points vs 09-2026lowest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.38, below the usual 1.5; short-term debt: 63.8% and cash: 24.5% of total assets), and 63.8% 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 41, micro): better than 44% on solvency, 46% on liquidity and 91% on profitability.

The bankruptcy probability was computed on 19-10-2026 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
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Size: total assets €58,342
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.38, cash €14,314
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 24-09-2026, 37 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2026
37 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. IncorporationAppointment: NIEDBALO Andrzej Norbert (director)…

Key points

  • Founded 16 months agofounded 23-05-2025 16 months View
  • Total assets 2026first financial year filed €58,342 View

By topic

Financials

Financial year
2026
Total assets
€58,342
Profit
€18,093
Solvency
36.2%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
23-05-2025
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
47
Who signs
Each director alone
Annual meeting
Second Wednesday of September at 18:00
Purpose
“Algemene bouwonderneming, het bouwrijp maken van terreinen, burgerlijke en…” (deed in Dutch)
Statutory auditor
No statutory auditor
Go to Articles of association

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