Equity
-€103,312
Debts exceed assets in financial year 2026.
Renofield
Lifetime
19 annual accounts with figures on one time axis, 25 filings since 2000Gross marginpeak €1.4m (2025)
€84,514▼ 94.0%
Resultlowest -€307,251 (2026)
-€307,251▼ €319,687
Equitypeak €1.6m (2022)
-€103,312▼ €307,251
Debts
€1.1m▼ 39.5%
Staffpeak 7.2 FTE (2018)
3.2 FTE▼ 46.7%
Board7 names since 2021
2 directorsJDP and 1 other
Owners2 names in the annual accounts
Documentsfilings and deeds
29-10-20262 days before the deadline
2026abbreviated format
Gross margin from €1.4m to €84,514Loss of €307,251Staff from 6 FTE to 3.2 FTEPermanent representative: Gino Lippens 09-06Equity from €203,939 to -€103,312Debts from €1.7m to €1.1m
Key points
from the 2026 annual accountsResult
-€307,251 -€307,251
From profit to loss in 2026, after a profit of €12,436 in 2025.
Debts
€1.1m 111% of the balance sheet
Financial debts 1%Suppliers 7%Taxes and wages 4%Other 88%
Of this, €1.0m falls due within a year.
Staff
3.2 FTE from 10.7 in 2023
Between 2023 and 2026, 70% of the full-time equivalents disappeared.
Filings
25 annual accounts since 2000
The last five annual accounts were filed 0 to 5 days before the end of the period.
Position in the sector
-€307,251
Lower net result than 95% of companies in construction of buildings. Sector median €26,951 · 106 companies.
Checked score
32
Weak
Financially stronger than 5% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%lowest value
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.2 percentage points vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 2.6%▲ +1.9 percentage points vs 03-2025
05-2025: 2.7%▲ +0.1 percentage points vs 04-2025
06-2025: 3.3%▲ +0.6 percentage points vs 05-2025
07-2025: 4.9%▲ +1.6 percentage points vs 06-2025
08-2025: 4.9%● unchanged vs 07-2025
09-2025: 5.0%▲ +0.1 percentage points vs 08-2025
10-2025: 4.5%▼ -0.5 percentage points vs 09-2025
11-2025: 1.8%▼ -2.7 percentage points vs 10-2025
12-2025: 1.8%● unchanged vs 11-2025
01-2026: 1.8%● unchanged vs 12-2025
02-2026: 1.8%● unchanged vs 01-2026
03-2026: 1.8%● unchanged vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.9%▲ +0.1 percentage points vs 04-2026
06-2026: 1.9%● unchanged vs 05-2026
07-2026: 1.9%● unchanged vs 06-2026
08-2026: 2.3%▲ +0.4 percentage points vs 07-2026
09-2026: 2.2%▼ -0.1 percentage points vs 08-2026
10-2026: 6.6%▲ +4.4 percentage points vs 09-2026highest value
11-2026: 6.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€103,312
Loss of €307,251 (financial year 2026)
Sector: Construction of residential and non-residential buildings (NACE 41)
1 change of registered office in 24 months
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 9% of them on solvency, 3% on liquidity, 5% on profitability and 3% on growth.
The bankruptcy probability was computed on 04-11-2026 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 31-03-2026.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% 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, 6,619 companies had the same profile as Renofield has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Renofield itself is higher: 6.6% within 12 months. It rests on far more data about Renofield than the profile alone.
Test of the method
The method was tested on the 497,446 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 6,619 companies, not a prediction for Renofield. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.83 (1.06 in 2025), below 1. Short-term debt is 109.2% and cash 0.8% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises riskneutral
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026Equity per financial year
19202122232526
2019 to 2026 · latest year -€103,312
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
2 days early
2025
1 day early
2023
on the day
2022
on the day
2021
5 days early
2020
5 days early
2019
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 41), the median for financial year 2023 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
Board and ownership
GI
GISA Invest BV
Director, since 24-01-2025
- Renov8 100%score 0equity -€4.5m (2026) · 30-06-2025 annual accounts of Renov8
- Renov8 in vereffeningannual accounts 31-03-2026
Recent changes
Permanent representative: Gino Lippens
General meeting of 11-05-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466539118
Company renamed from RENOFFICE to Renofield
General meeting of 25-04-2025 · Gazette deed
Registered office moved from Kortrijk to Houthulst
New registered office: Stokstraat 19, 8650 Houthulst (Klerken) · Previous registered office: Engelse Wandeling 2F bus 6, 8500 Kortrijk, België · Permanent representatives: Sandy Mersy and Gino Lippens · Board meeting of 25-02-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Renofield Houthulst | €0.9m | €84,514 | -10.9% | 3.2 |
| YPSOROOF-IPSOTOIT Frameries | €1.0m | €63,329 | 75.3% | 4.2 |
| NAERT - DEFREYNE Ingelmunster | €0.8m | €157,368 | 0.7% | 5.4 |
| BOUWONDERNEMING SPRIET Izegem | €1.5m | €130,151 | 34.7% | 2 |
| BATILOOK Brussels | €1.1m | €148,329 | 52.9% | 2 |
| VERIBOUW Pajottegem | €0.7m | €111,230 | 12.5% | 1.9 |
| THE WALLS Antwerp | €0.8m | €133,814 | 69.1% | 2 |
These companies have the same main activity as Renofield: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €731,000 and €1.5m, founded between 1989 and 2006.
Official details
Source: KBO- Status
- Active since 04-07-1999Normal situation
- Registered office
- 11 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2026
- Establishment unit
- 2.092.403.5298500 Kortrijk, since 04-10-1999
- Financial year end
- 31 March
- Peppol
- Reachable since 28-11-2025
Annual accounts to 31-03-2026
- Turnover
- ≈ €340,000estimated
- Total assets
- €949,461▼ 51.2%
- Employeeson 31-03-2026
- 3▼ 50.0%
- Filing
- Filed on 29-10-2026, 2 days before the end of the filing period
Insights on Renofield
Renofield files the abbreviated format. That format states no turnover. The gross margin rose from -€1,725 in 2006 to €84,514 in 2026.
Renov8 holds all the shares. In 2023, three directors stepped down.
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 Renofield
- What is the company number of Renofield?
- The company number of Renofield is 0466.539.118. The VAT number is the same number with BE in front: BE 0466.539.118.
- Where is Renofield based?
- The registered office is at Stokstraat 19, 8650 Houthulst.Company details
- What does Renofield do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of Renofield?
- Renofield is a private limited company (BV).
- When was Renofield founded?
- Renofield was founded on 04-07-1999.
- Is Renofield still active?
- Yes, Renofield is an active enterprise in the KBO register.
- How many employees does Renofield have?
- Renofield had an average of 3.2 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does Renofield fall under?
- In its 31-03-2026 annual accounts, Renofield states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of Renofield?
- The turnover in financial year 2026 is ≈ €340,000. This figure is estimated from the gross margin of €84,514 and 40 comparable companies (NACE 41001). It probably lies between €230,000 and €490,000.
- Is Renofield profitable?
- In financial year 2026, Renofield made a loss of €307,251.
- Where can I find the annual accounts of Renofield?
- Renofield filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of Renofield due?
- Renofield must file the annual accounts for financial year 2027 by 31-10-2027.Timeline
Next steps
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