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QUALITY RENOVATIE

Active
Private limited companyfounded 2021active for 5 yearsWaalbeekpark 10, 9870 Zulte, BelgiumKBO/BCE: BE 0776.532.312
Summary

QUALITY RENOVATIE has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371,939 and a net result of €3,932. Equity has been growing by about 20% per year since 2022. Its solvency ranks better than 94% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-10-2021 Normal situation
Activity
Development of residential building projects NACE 68121and 4 others
Establishment unit
2.323.529.981 9870 Zulte, since 26-10-2021
Financial year end
31 December
Peppol
Reachable since 06-12-2025

Board and ownership

Board
  • Wastyn PatrickDirector

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€111,332
▼ 58.8%
Turnover
≈ €200,000
estimated
Profit
€3,932
▼ 96.7%
Equity
€371,939
▲ 1.1%
Total assets
€396,134
▲ 1.5%
Employees on 31-12-2025
2
=
Score breakdownlowers riskLiquidity: current ratio 13.11, cash €166,895Sector: Real estate activities (NACE 68)Equity €371,939 (93.9% of total assets)Figures for financial year 2025 (filed on 27-07-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 74% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 93.9% of total assets
Liquidity 100=
short-term debt 5.0% · cash 42.1%
Profitability 70-30
return on assets 1.0%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025highest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.11 (27.2 in 2024), above the usual 1.5. Short-term debt is 5% and cash 42.1% of total assets. 6.1% of the assets are financed with debt and provisions.
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 68, micro). It does better than 91% of them on solvency, 98% on liquidity, 59% on profitability and 49% on growth.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 13.11, cash €166,895
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Equity €371,939 (93.9% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-07-2026)
NBB · annual accounts
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 27-07-2026, 4 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
4 days early
2024
31 days early
2023
6 days early
2022
5 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 12 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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. The company usually files around 26 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €119,825 to €3,932 ▼ 96.7% View
  • Positive: Higher solvency than 94% of companies in real estatesector median 29.0% · 17,149 companies 93.9% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 8 events

Comparable companies

These companies have the same main activity as QUALITY RENOVATIE: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €346,000 and €500,000, founded in 2021.

CompanyTotal assetsGross margin
QUALITY RENOVATIE Zulte€396,134€111,332
VHM Aalst€360,392€113,593
MBC Deinze€457,727€137,616
3GHE Construct Wichelen€500,052€107,080
TAKK TEAM Kortemark€435,212€100,956
NJD Izegem€422,971€96,058
BSS+ Geel€345,735€134,334
Full comparison

Key facts about QUALITY RENOVATIE

What is the company number of QUALITY RENOVATIE?
The company number of QUALITY RENOVATIE is 0776.532.312. The VAT number is the same number with BE in front: BE 0776.532.312.
Where is QUALITY RENOVATIE based?
The registered office is at Waalbeekpark 10, 9870 Zulte.Company details
What does QUALITY RENOVATIE do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of QUALITY RENOVATIE?
The legal form of QUALITY RENOVATIE is Private limited company (BV).
When was QUALITY RENOVATIE founded?
QUALITY RENOVATIE was founded on 26-10-2021.
Is QUALITY RENOVATIE still active?
Yes, QUALITY RENOVATIE is an active enterprise in the KBO register.
How many employees does QUALITY RENOVATIE have?
QUALITY RENOVATIE had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of QUALITY RENOVATIE?
The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €111,332 and 49 comparable companies (NACE 681). It probably lies between €150,000 and €370,000. In financial year 2023 turnover was €460,433.
Is QUALITY RENOVATIE profitable?
In financial year 2025, QUALITY RENOVATIE made a profit of €3,932.
Where can I find the annual accounts of QUALITY RENOVATIE?
QUALITY RENOVATIE filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of QUALITY RENOVATIE due?
QUALITY RENOVATIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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