R-Renovations
The computed 12-month bankruptcy probability of R-Renovations is 3.8% (moderate). The 2024 annual accounts show negative equity (€-85k) and a net result of €-57k. Equity is shrinking by ~130.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 992 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-85k |
| Net result | €-57k |
| Staff (FTE) | 0.3 |
| Better than sector | 8% |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -17.7% | 35.4% | |
| Net result | €-57k | €30k | |
| Equity | €-85k | €121k | |
| Gross operating margin | €20k | €172k | |
| Staff costs | €14k | €194k |
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €-3k |
| Net profit | €-57k |
| Cash flow | €-56k |
| Staff costs | €14k |
| Income taxes | €277 |
| Dividends | - |
| Total assets | €481k |
| Equity | €-85k |
| Debt | €566k |
| of which ≤ 1y | €459k |
| of which > 1y | €77k |
| Working capital | €18k |
| Employees (FTE) | 0.3 |
| 2024 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.09 |
| Working capital ratio | 3.7% |
| Solvency | -17.7% |
| Debt / equity | -6.66 |
| Long-term debt ratio | -0.90 |
| Interest coverage | -0.05 |
| Gross margin | - |
| Net margin | - |
| ROA | -11.9% |
| ROE | 67.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €481k |
| Fixed assets | 21/28 | €4k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €1k |
| Current assets | 29/58 | €477k |
| Stocks & contracts in progress | 3 | €435k |
| Amounts receivable within one year | 40/41 | €42k |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €481k |
| Equity | 10/15 | €-85k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-87k |
| Amounts payable | 17/49 | €566k |
| Amounts payable after one year | 17 | €77k |
| Amounts payable within one year | 42/48 | €459k |
| Trade debts payable within one year | 44 | €102k |
| Income statement | ||
| Gross operating margin | 9900 | €20k |
| Operating result | 9901 | €-4k |
| Financial income | 75 | €30 |
| Financial charges | 65 | €53k |
| Result before taxes | 9903 | €-57k |
| Income taxes | 67/77 | €277 |
| Net result for the period | 9904 | €-57k |
| Result to be appropriated | 9905 | €-57k |
Former directors (1)
-
Elke MeurisDirectorState Gazette act 22114078 (26-09-2022)Former- → 01-09-2022
| NACE primary | Specialised construction(43341) |
| Legal form | Private limited company(610) |
| Incorporation | 30-11-2021 |
| Status | Active |
| Postal code | 2220 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12011B0143/00G002 | Flanders | 2,407 m² | 1 · 1,010 m² | 0.1 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
24-02-2023 Registered office moved from Heist o/d Berg to Hallaar
- Lindenhoeve 2 te 2220 Heist o/d Berg → Hopvelden 2a te 2220 Hallaar
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Hopvelden 2a te 2220 Hallaar",
"city": "Hallaar",
"region": "vlaams_gewest",
"street": "Hopvelden",
"country": "BE",
"postcode": "2220",
"box_number": null,
"street_number": "2a",
"locality_suffix": null
},
"old_address": {
"raw": "Lindenhoeve 2 te 2220 Heist o/d Berg",
"city": "Heist o/d Berg",
"region": "vlaams_gewest",
"street": "Lindenhoeve",
"country": "BE",
"postcode": "2220",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"effective_date": "2023-02-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-02-24",
"filing_date": "2023-02-16",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enige_bestuurder",
"date": "2023-02-01",
"unanimous": null
},
"subject_company": {
"kbo": "0777.858.836",
"name_full": "R-RENOVATIONS",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "DE RYCK GEERT",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [
"Bijlagen bij het Belgisch Staatsblad"
]
}26-09-2022 Elke Meuris resigns as director
- Elke Meuris, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Elke Meuris",
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},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-09-01",
"evidence_quote": "Het ontslag van Elke Meuris als bestuurder vanaf 01-09-2022",
"decharge_status": "granted",
"mandate_duration": null,
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"effective_date_qualifier": "immediate"
},
{
"kind": "decharge_granted",
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},
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"evidence_quote": "De algemene vergadering dankt haar voor de inspanningen die geleverd werden voor de onderneming en geeft hiervoor kwijting voor de uitoefening van haar mandaat.",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "delegated_bestuurder",
"person": {
"rrn": null,
"name": "Geert De Ryck",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": null,
"name": "BV DE RYCK - DE BIE ACCOUNTANTS",
"address": "Karel Govaertsstraat 66/1, 2222 Itegem",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "Bijzondere volmacht met recht van in de plaatsstelling wordt verleend aan BV DE RYCK - DE BIE ACCOUNTANTS, gevestigd te 2222 Itegem Karel Govaertsstraat 66/1, vertegenwoordigd door haar bestuurder Geert De Ryck, teneinde de wettelijke publicatie uit te voeren en de nodige documenten te ondertekenen ",
"decharge_status": null,
"mandate_duration": null,
"rep_rotation_new_rep": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2022-09-26",
"filing_date": "2022-09-16",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-09-01",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0777.858.836",
"name_full": "R-RENOVATIONS",
"legal_form": "BV"
},
"publication_proxy": {
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"org_kbo": null,
"org_name": null,
"person_name": "DE RYCK GEERT",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | R-Renovations |