Financials
- Fiscal year
- 2025
- Total assets
- €112,461
- Profit
- €12,666
- Solvency
- -8.2%
Total assets▼ 45.0%
Net result
20212025
P-RENOV
ActiveSummary
The computed 12-month bankruptcy probability of P-RENOV is 2.7% (moderate). The 2025 annual accounts show negative equity (-€9,172) and a net result of €12,666. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 1103 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Civil engineering
NACE 42212
1 site
Size
€112,461total assets 2025
- Equity
- -€9,172
- Profit
- €12,666
Turnover not published (abridged schema)
Structure
Accounts filed 31 d late0 of 3 deeds read
Why 51- Latest accounts 31 days late; 3 of the last 3 late- Founded in 2020- Sector Civil engineering (NACE 42)+ Size: total assets €112,461Show the evidence
Checked score
Score 2025
51
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 39% of its sector peers (NACE 42, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
17+3
equity -8.2% of total assets
Liquidity
5-2
short-term debt 108.2% · cash 3.6%
Profitability
83+81
return on assets 11.3%
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 5.0%
11-2025: 5.1%▲ +2.2% vs 10-2025highest value
12-2025: 4.5%▼ -12.4% vs 11-2025
01-2026: 4.4%▼ -1.8% vs 12-2025
02-2026: 4.4%▲ +0.3% vs 01-2026
03-2026: 4.4%▼ -0.6% vs 02-2026
04-2026: 4.5%▲ +2.3% vs 03-2026
05-2026: 4.3%▼ -3.8% vs 04-2026
06-2026: 4.3%▲ +0.9% vs 05-2026
07-2026: 4.3%▼ -0.8% vs 06-2026
08-2026: 4.9%▲ +14.5% vs 07-2026
09-2026: 2.7%▼ -45.4% vs 08-2026lowest value
10-2026: 2.7%● 0.0% vs 09-2026lowest value
- Latest accounts 31 days late; 3 of the last 3 late raises the probability
- Founded in 2020 raises the probability for this profile
- Size: total assets €112,461 lowers the probability for this profile
- Sector Civil engineering (NACE 42) raises the probability
No credit on open account
Liquidity short (current ratio 0.22 against 0.48 in 2024; short-term debt: 108.2% and cash: 3.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 42, micro). Better than this share of them on solvency 7%, liquidity 4%, profitability 63%, growth against the median 82%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1103 sector peers (2025).
NBB · sector comparisonPosition among 1103 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
91 d late
2023
61 d late
2022
31 d late
2021
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 41% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 31 August (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €12,666
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 8
- Since
- 2022
- Next accounts
- by 31-07-2027
- 31-08-2026Annual accounts filed
- 31-12-2025Back to profit
- 30-10-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Civil engineeringNACE 42212
- Founded
- 31-08-2020
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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