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ProRenovate

Active
Private limited companyfounded 20242 yrs activeMoerbezielaan 14, 9032 Gent, BelgiumKBO/BCE: BE 1010.214.418
Summary

The computed 12-month bankruptcy probability of ProRenovate is 2.7% (moderate). The 2024 annual accounts show equity of €9k and a net result of €10k. Its solvency ranks better than 46% of 9982 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency63
Growth-
Track record67
Bankruptcy probability, 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.62; short-term debt: 61.9% and cash: 83.6% of total assets), but 61.9% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
38.1%
Return on assets
41.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
27 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€9k
Total assets
€25k
Net result
€10k
Working capital
€9k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €25k
Equity €9k
Debt €15k
Debt finances 61.9% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.62
Debt to equity
1.62
ROE
108.1%
ROA
41.2%
Debt ≤ 1 year
€15k
Income taxes
€4k
Filed annual accounts As filed with the NBB · 2024 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€25k
Current assets29/58€25k
Amounts receivable within one year40/41€4k
Trade receivables40€2k
Other amounts receivable41€2k
Cash at bank and in hand54/58€21k
Equity and liabilities
Total equity and liabilities10/49€25k
Equity10/15€9k
Contributions10/11€100
Reserves13€9k
Distributable reserves133€9k
Profit (loss) carried forward14€0
Amounts payable17/49€15k
Amounts payable within one year42/48€15k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€13k
Taxes450/3€11k
Remuneration and social security454/9€2k
Other amounts payable47/48€859
Income statement Code2024
Gross operating margin9900€14k
Operating profit (loss)9901€14k
Financial income75/76B€83
Recurring financial income75€83
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€14k
Income taxes67/77€4k
Profit (loss) for the period9904€10k
Profit (loss) for the period to be appropriated9905€10k
Appropriation of the result
Profit (loss) to be appropriated9906€10k
Transfer to equity691/2€9k
To other reserves6921€9k
Profit to be distributed694/7€859
Return on contributions (dividend)694€859

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line2024
Gross operating margin9900€14k
Operating profit (loss)9901€14k
Financial income75/76B€83
Recurring financial income75€83
Financial charges65/66B€35
Recurring financial charges65€35
Profit (loss) for the period before taxes9903€14k
Income taxes67/77€4k
Profit (loss) for the period9904€10k
Profit (loss) for the period to be appropriated9905€10k
Line2024
Assets
Total assets20/58€25k
Current assets29/58€25k
Amounts receivable within one year40/41€4k
Trade receivables40€2k
Other amounts receivable41€2k
Cash at bank and in hand54/58€21k
Equity and liabilities
Total equity and liabilities10/49€25k
Equity10/15€9k
Contributions10/11€100
Reserves13€9k
Distributable reserves133€9k
Profit (loss) carried forward14€0
Amounts payable17/49€15k
Amounts payable within one year42/48€15k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€13k
Taxes450/3€11k
Remuneration and social security454/9€2k
Other amounts payable47/48€859
Line2024
Profit (loss) for the period9904€10k
Operating cash flow (approximation)€10k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
04-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
269 m²
Building footprint
87 m²
Volume, LiDAR
505 m³
Parcel 44074B0567/00A011, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ProRenovate
Moerbezielaan 14, 9032 GentSpecialised construction activities
since 20242.360.385.132
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44074B0567/00A011 Flanders 269 m² 1 · 87 m² 9.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 9,037 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded10-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43341Painting of buildings
43350Other building finishing work
43410Roofing work
46190Agents in non-specialised wholesale trade
70200Business and other management consultancy
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.