Equity
€33,017 ▲ 252%
ProRenovate paid out €833 in dividends. That is 3% of the 2025 profit.
ProRenovate
Lifetime
2 annual accounts with figures on one time axispeak €47,618 (2025)
€47,618▲ 239%
peak €24,471 (2025)
€24,471▲ 141%
peak €33,017 (2025)
€33,017▲ 252%
€69,631▲ 357%
Board1 name since 2024
1 directorKURTULAJ Amarildo
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €14,038 to €47,618Result from €10,138 to €24,471Registered office moved from Ghent to Wondelgem 03-04Dividend €833Equity from €9,379 to €33,017Debts from €15,238 to €69,631
Key points
from the 2025 annual accountsTurnover
≈ €330,000 estimated
The micro format states no turnover.
Debts
€69,631 ▲ 357%
Debts rose by €54,393 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€82,702 7.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
0.90 was 1.62 in 2024
Short-term debts rose from €15,238 to €34,239.
Starting capital
€100 1,000 shares
Checked score
54
Fair
Financially stronger than 72% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2025: 6.5%highest value
08-2025: 1.8%▼ -4.7 percentage points vs 07-2025lowest value
09-2025: 1.8%● unchanged vs 08-2025lowest value
10-2025: 1.9%▲ +0.1 percentage points vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 2.0%▲ +0.1 percentage points vs 02-2026
04-2026: 2.3%▲ +0.3 percentage points vs 03-2026
05-2026: 2.8%▲ +0.5 percentage points vs 04-2026
06-2026: 2.9%▲ +0.1 percentage points vs 05-2026
07-2026: 2.6%▼ -0.3 percentage points vs 06-2026
08-2026: 2.6%● unchanged vs 07-2026
09-2026: 2.6%● unchanged vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €102,648
lowers risk
Liquidity: current ratio 0.90, cash €27,114
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 41, micro). It does better than 39% of them on solvency, 73% on liquidity, 82% on profitability and 96% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as ProRenovate has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of ProRenovate itself is higher: 2.6% within 12 months. It rests on far more data about ProRenovate than the profile alone.
Test of the method
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 ProRenovate. 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.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (1.62 in 2024), below 1. Short-term debt is 33.4% and cash 26.4% of total assets. 67.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
38 days early
2024
27 days early
← 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 33 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1010214418
Registered office moved from Ghent to Wondelgem
New registered office: Moerbezielaan 14, 9032 Wondelgem · Previous registered office: Pijlstraat 35, 9000 Gent · Board meeting of 08-01-2025 · Gazette deed
Incorporation
Founding capital of €100 · Founder: KURTULAJ Amarildo · 1,000 shares · Appointment: KURTULAJ Amarildo (director) · published on 12-06-2024 · Gazette deed
First establishment
Moerbezielaan 14, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ProRenovate Ghent | €102,648 | €47,618 | 32.2% | - |
| Cedric Willen Herzele | €99,313 | €52,064 | 95.2% | - |
| COTTO DESIGN Ghent | €110,255 | €53,485 | 67.2% | - |
| DeMan-Construct Zottegem | €96,498 | €45,625 | 75.4% | - |
| GISCARD Kruisem | €87,817 | €45,738 | 29.5% | - |
| Da’Ste Renoveren Ninove | €88,645 | €53,698 | 52.6% | - |
| OVE CONCEPT Oudenaarde | €93,082 | €50,947 | 56.4% | - |
These companies have the same main activity as ProRenovate: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €87,800 and €110,000, founded between 2023 and 2024.
Official details
Source: KBO- Status
- Active since 10-06-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 6 others
- Establishment unit
- 2.360.385.1329032 Ghent, since 10-06-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 16-12-2025
Annual accounts 2025
- €102,648▲ 317%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on ProRenovate
The computed 12-month bankruptcy probability of ProRenovate is 2.6% (moderate). The 2025 annual accounts show equity of €33,017 and a net result of €24,471.
Its solvency ranks better than 38% of 9,462 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ProRenovate
- What is the company number of ProRenovate?
- The company number of ProRenovate is 1010.214.418. The VAT number is the same number with BE in front: BE 1010.214.418.
- Where is ProRenovate based?
- The registered office is at Moerbezielaan 14, 9032 Ghent.Company details
- What does ProRenovate do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ProRenovate?
- ProRenovate is a private limited company (BV).
- When was ProRenovate founded?
- ProRenovate was founded on 10-06-2024.
- Is ProRenovate still active?
- Yes, ProRenovate is an active enterprise in the KBO register.
- What is the turnover of ProRenovate?
- The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €47,618 and 164 comparable companies (NACE 41001). It probably lies between €180,000 and €600,000.Financials
- Is ProRenovate profitable?
- In financial year 2025, ProRenovate made a profit of €24,471.
- Where can I find the annual accounts of ProRenovate?
- ProRenovate filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ProRenovate due?
- ProRenovate must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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