RENOV CONSTRUCT DME
ActiveSummary
The computed 12-month bankruptcy probability of RENOV CONSTRUCT DME is 4.4% (elevated). For RENOV CONSTRUCT DME, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €29,539 and a net result of €10,868. Its solvency ranks better than 21% of 7963 sector peers (fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability68▼-11
Solvency38▼-20
Growth35
Track record94
Bankruptcy probability, 12 months
4.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2022Solvency, return and age of the figures
Solvency
12.6%
Return on assets
4.7%
Age of the figures
45 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 29 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€480,380▼ 11.2%
2021 · €540,784
EBIT margin
2.4%▼ 1.6pp
2021 · 4.0%
Net result
€10,868▼ 30.6%
2021 · €15,671
Working capital
€51,347
2021 · -€15,083
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Turnover€540,784-€480,380▼ 11.2%
Operating result€21,381-€11,326▼ 47.0%
Net result€15,671within the sector's middle half-€10,868within the sector's middle half▼ 30.6%
EBIT margin4.0%-2.4%▼ 1.6pp
Equity€18,671within the sector's middle half-€29,539within the sector's middle half▲ 58.2%
Total assets€56,502below the sector's middle half-€233,542within the sector's middle half▲ 313%
Debt€37,831-€204,003▲ 439%
Working capital-€15,083below the sector's middle half-€51,347within the sector's middle half
Solvency33.0%within the sector's middle half-12.6%below the sector's middle half▼ 20.4pp
Current ratio0.59below the sector's middle half-2.43within the sector's middle half▲ 1.84
Return on assets (ROA)27.7%above the sector's middle half-4.7%within the sector's middle half▼ 23.1pp
Staff (FTE)1.4-2▲ 42.9%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 47% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €233,542
Fixed assets
€146,189 ▲ 320%
Current assets
€87,353 ▲ 302%
Equity and liabilities €233,542
Equity
€29,539 ▲ 58.2%
Debt
€204,003 ▲ 439%
Debt's share of the balance-sheet total rises from 67.0% to 87.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€43,289▲
2021 · €24,322
Cash flow
€42,831▲
2021 · €18,612
Quick ratio
2.38▲
2021 · 0.59
Debt to equity
6.91▲
2021 · 2.03
ROE
36.8%▼
2021 · 83.9%
Interest coverage
14.59▲
2021 · 7.77
Debt ≤ 1 year
€36,007▼
2021 · €36,811
Debt > 1 year
€167,996▲
2021 · €1,020
Income taxes
€4,423▲
2021 · €3,577
Staff costs
€52,401▲
2021 · €22,692
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Turnover70 | €540,784 | €480,380 | ▼ 11.2% |
| Non-recurring operating income76A | €1,422 | €16,278 | ▲ 1,045% |
| Goods, raw materials, services and sundry goods60/61 | €494,758 | €395,542 | ▼ 20.1% |
| Remuneration, social security and pensions62 | €22,692 | €52,401 | ▲ 131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,941 | €31,963 | ▲ 987% |
| Other operating charges640/8 | €434 | €5,227 | ▲ 1,104% |
| Non-recurring operating charges66A | - | €199 | - |
| Gross operating margin9900 | €47,448 | €101,115 | ▲ 113% |
| Operating profit (loss)9901 | €21,381 | €11,326 | ▼ 47.0% |
| Financial income75/76B | €997 | €6,933 | ▲ 595% |
| Recurring financial income75 | €997 | €956 | ▼ 4.1% |
| Non-recurring financial income76B | - | €5,977 | - |
| Financial charges65/66B | €3,130 | €2,967 | ▼ 5.2% |
| Recurring financial charges65 | €3,130 | €2,967 | ▼ 5.2% |
| Profit (loss) for the period before taxes9903 | €19,248 | €15,292 | ▼ 20.6% |
| Income taxes67/77 | €3,577 | €4,423 | ▲ 23.7% |
| Profit (loss) for the period9904 | €15,671 | €10,868 | ▼ 30.6% |
| Profit (loss) for the period to be appropriated9905 | €15,671 | €10,868 | ▼ 30.6% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €56,502 | €233,542 | ▲ 313% |
| Fixed assets21/28 | €34,774 | €146,189 | ▲ 320% |
| Tangible fixed assets22/27 | €34,424 | €145,839 | ▲ 324% |
| Land and buildings22 | €0 | - | - |
| Plant, machinery and equipment23 | €21,385 | €15,105 | ▼ 29.4% |
| Furniture and vehicles24 | €8,924 | €129,270 | ▲ 1,349% |
| Leasing and similar rights25 | €4,115 | €1,464 | ▼ 64.4% |
| Other tangible fixed assets26 | €0 | - | - |
| Assets under construction and advance payments27 | €0 | - | - |
| Financial fixed assets28 | €350 | €350 | = |
| Current assets29/58 | €21,728 | €87,353 | ▲ 302% |
| Stocks and contracts in progress3 | - | €1,509 | - |
| Stocks30/36 | - | €1,509 | - |
| Amounts receivable within one year40/41 | €21,051 | €72,441 | ▲ 244% |
| Trade receivables40 | - | €47,438 | - |
| Other amounts receivable41 | €21,051 | €25,003 | ▲ 18.8% |
| Cash at bank and in hand54/58 | €187 | €11,008 | ▲ 5,787% |
| Deferred charges and accrued income490/1 | €490 | €2,395 | ▲ 389% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €56,502 | €233,542 | ▲ 313% |
| Equity10/15 | €18,671 | €29,539 | ▲ 58.2% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | - | €10,868 | - |
| Distributable reserves133 | - | €10,868 | - |
| Profit (loss) carried forward14 | €15,671 | €15,671 | = |
| Amounts payable17/49 | €37,831 | €204,003 | ▲ 439% |
| Amounts payable after more than one year17 | €1,020 | €167,996 | ▲ 16,370% |
| Financial debts170/4 | €1,020 | €167,996 | ▲ 16,370% |
| Amounts payable within one year42/48 | €36,811 | €36,007 | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | €2,662 | €10,800 | ▲ 306% |
| Trade debts44 | €28,631 | €14,994 | ▼ 47.6% |
| Suppliers440/4 | €28,631 | €14,994 | ▼ 47.6% |
| Taxes, remuneration and social security45 | €5,488 | €10,213 | ▲ 86.1% |
| Taxes450/3 | €4,778 | €9,378 | ▲ 96.3% |
| Remuneration and social security454/9 | €710 | €835 | ▲ 17.6% |
| Other amounts payable47/48 | €30 | - | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €15,671 | €10,868 | ▼ 30.6% |
| + Depreciation and write-downs630 | €2,941 | €31,963 | ▲ 987% |
| Operating cash flow (approximation) | €18,612 | €42,831 | ▲ 130% |
| Investment in fixed assets (approximation) | - | -€143,378 | - |
| Change in cash | - | €10,821 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity quadruplescurrent ratio 2.43
Current ratio from 0.59 to 2.43; short-term debt falls from €36,811 to €36,007.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Houyet · 1 establishment unit since 2021
Ground area
594 m²
Building footprint
69 m²
Volume, LiDAR
354 m³
Parcel 91090A1273/00A002, Wallonia · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rénov Construct DME
since 20212.316.152.142
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91090A1273/00A002 | Wallonia | 594 m² | 1 · 69 m² | 6.9 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.
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,421 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
Founded13-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
Contact
E-mail
renov-construct-srl@outlook.be
Phone
+32470842704
E-invoicing
Not found in the Peppol register
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Register as of 28 September 2026 · Peppol Directory
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