RENOVA CONSTRUCT
ActiveSummary
RENOVA CONSTRUCT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,867 and a net result of -€23,458. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 7930 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability61▼-21
Solvency91▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity ample (current ratio 4.78 against 5.48 in 2024; short-term debt: 12.6% and cash: 12% of total assets), and 34.5% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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 · 10 filingsDeviation from the deadline
2025
17 d late
2024
21 d early
2023
9 d late
2022
24 d late
2021
19 d late
2020
25 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money
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Financials · fiscal year 2025, abbreviated schema
Equity
€255,867▼ 8.4%
2024 · €279,325
Total assets
€390,585▼ 9.9%
2024 · €433,468
Net result
-€23,458
2024 · €45,782
Working capital
€185,486▼ 14.6%
2024 · €217,119
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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
Line20212022202320242025
Operating result€29,327▼ 33.1%€51,534▲ 75.7%€1,110▼ 97.8%€71,158▲ 6,310%-€21,382
Net result€24,784within the sector's middle half▼ 32.1%€39,208above the sector's middle half▲ 58.2%-€1,547below the sector's middle half€45,782above the sector's middle half-€23,458below the sector's middle half
Equity€195,881above the sector's middle half▲ 14.5%€235,089above the sector's middle half▲ 20.0%€233,543above the sector's middle half▼ 0.7%€279,325above the sector's middle half▲ 19.6%€255,867within the sector's middle half▼ 8.4%
Total assets€354,155above the sector's middle half▲ 61.5%€531,546above the sector's middle half▲ 50.1%€391,085above the sector's middle half▼ 26.4%€433,468above the sector's middle half▲ 10.8%€390,585within the sector's middle half▼ 9.9%
Debt€158,273▲ 228%€296,456▲ 87.3%€157,542▼ 46.9%€154,143▼ 2.2%€134,718▼ 12.6%
Working capital€150,340above the sector's middle half▲ 8.5%€168,577above the sector's middle half▲ 12.1%€174,701above the sector's middle half▲ 3.6%€217,119above the sector's middle half▲ 24.3%€185,486within the sector's middle half▼ 14.6%
Solvency55.3%within the sector's middle half▼ 22.7pp44.2%within the sector's middle half▼ 11.1pp59.7%within the sector's middle half▲ 15.5pp64.4%within the sector's middle half▲ 4.7pp65.5%within the sector's middle half▲ 1.1pp
Current ratio3.60above the sector's middle half▼ 1.952.06within the sector's middle half▼ 1.544.73above the sector's middle half▲ 2.675.48above the sector's middle half▲ 0.754.78above the sector's middle half▼ 0.70
Return on assets (ROA)7.0%within the sector's middle half▼ 9.6pp7.4%within the sector's middle half▲ 0.4pp-0.4%below the sector's middle half▼ 7.8pp10.6%within the sector's middle half▲ 11.0pp-6.0%below the sector's middle half▼ 16.6pp
Staff (FTE)2=2=2=1.9▼ 5.0%2.8within the sector's middle half▲ 47.4%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €21,382 after €71,158 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €390,585
Fixed assets
€155,992 ▼ 7.1%
Current assets
€234,593 ▼ 11.7%
Equity and liabilities €390,585
Equity
€255,867 ▼ 8.4%
Debt
€134,718 ▼ 12.6%
Debt's share of the balance-sheet total falls from 35.6% to 34.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20,586▼
2024 · €118,309
Cash flow
€18,510▼
2024 · €92,933
Quick ratio
3.97▼
2024 · 4.69
Debt to equity
0.53▼
2024 · 0.55
ROE
-9.2%▼
2024 · 16.4%
Interest coverage
8.20▼
2024 · 36.89
Debt ≤ 1 year
€49,107▲
2024 · €48,515
Debt > 1 year
€85,611▼
2024 · €105,629
Income taxes
€200▼
2024 · €17,240
Staff costs
€159,371▲
2024 · €94,873
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,250 | - | - |
| Remuneration, social security and pensions62 | €107,337 | €115,318 | €112,241 | €94,873 | €159,371 | ▲ 68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,203 | €30,200 | €43,823 | €47,151 | €41,968 | ▼ 11.0% |
| Other operating charges640/8 | €1,724 | €1,740 | €1,855 | €2,458 | €2,075 | ▼ 15.6% |
| Non-recurring operating charges66A | €975 | €500 | - | - | - | - |
| Gross operating margin9900 | €159,567 | €199,293 | €159,029 | €215,639 | €182,032 | ▼ 15.6% |
| Operating profit (loss)9901 | €29,327 | €51,534 | €1,110 | €71,158 | -€21,382 | ▼ 130% |
| Financial income75/76B | €324 | €163 | €724 | €928 | €1,779 | ▲ 91.7% |
| Recurring financial income75 | €324 | €163 | €90 | €928 | €1,779 | ▲ 91.7% |
| Non-recurring financial income76B | €324 | €163 | €634 | €928 | €1,779 | ▲ 91.7% |
| Financial charges65/66B | €1,407 | €2,651 | €3,293 | €9,064 | €3,656 | ▼ 59.7% |
| Recurring financial charges65 | €715 | €2,157 | €3,040 | €3,207 | €2,512 | ▼ 21.7% |
| Non-recurring financial charges66B | €692 | €494 | €254 | €5,857 | €1,144 | ▼ 80.5% |
| Profit (loss) for the period before taxes9903 | €28,244 | €49,046 | -€1,459 | €63,022 | -€23,258 | ▼ 137% |
| Income taxes67/77 | €3,460 | €9,838 | €88 | €17,240 | €200 | ▼ 98.8% |
| Profit (loss) for the period9904 | €24,784 | €39,208 | -€1,547 | €45,782 | -€23,458 | ▼ 151% |
| Profit (loss) for the period to be appropriated9905 | €24,784 | €39,208 | -€1,547 | €45,782 | -€23,458 | ▼ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €354,155 | €531,546 | €391,085 | €433,468 | €390,585 | ▼ 9.9% |
| Fixed assets21/28 | €145,953 | €203,324 | €169,489 | €167,835 | €155,992 | ▼ 7.1% |
| Tangible fixed assets22/27 | €142,833 | €200,204 | €166,369 | €164,715 | €152,872 | ▼ 7.2% |
| Plant, machinery and equipment23 | €11,518 | €15,321 | €11,224 | €11,059 | €10,395 | ▼ 6.0% |
| Furniture and vehicles24 | €27,127 | €24,167 | €17,531 | €38,367 | €49,872 | ▲ 30.0% |
| Leasing and similar rights25 | €103,803 | €160,716 | €136,548 | €112,381 | €88,213 | ▼ 21.5% |
| Other tangible fixed assets26 | - | - | €1,066 | €2,908 | €4,392 | ▲ 51.0% |
| Assets under construction and advance payments27 | €386 | - | - | - | - | - |
| Financial fixed assets28 | €3,120 | €3,120 | €3,120 | €3,120 | €3,120 | = |
| Current assets29/58 | €208,202 | €328,221 | €221,595 | €265,633 | €234,593 | ▼ 11.7% |
| Stocks and contracts in progress3 | €42,217 | €38,526 | €40,229 | €37,894 | €39,482 | ▲ 4.2% |
| Stocks30/36 | €42,217 | €38,526 | €40,229 | €37,894 | €39,482 | ▲ 4.2% |
| Amounts receivable within one year40/41 | €112,732 | €196,958 | €65,463 | €152,496 | €148,312 | ▼ 2.7% |
| Trade receivables40 | €59,054 | €145,217 | €22,715 | €109,440 | €95,916 | ▼ 12.4% |
| Other amounts receivable41 | €53,678 | €51,741 | €42,748 | €43,056 | €52,396 | ▲ 21.7% |
| Cash at bank and in hand54/58 | €53,253 | €91,661 | €114,827 | €73,447 | €46,799 | ▼ 36.3% |
| Deferred charges and accrued income490/1 | - | €1,076 | €1,076 | €1,796 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €354,155 | €531,546 | €391,085 | €433,468 | €390,585 | ▼ 9.9% |
| Equity10/15 | €195,881 | €235,089 | €233,543 | €279,325 | €255,867 | ▼ 8.4% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | - | - | - | - |
| Issued capital100 | €100,000 | €100,000 | - | - | - | - |
| Outside capital11 | - | - | - | €100,000 | €100,000 | = |
| Other1109/19 | - | - | - | €100,000 | €100,000 | = |
| Reserves13 | €80,569 | €133,069 | €133,069 | €178,069 | €148,069 | ▼ 16.8% |
| Non-distributable reserves130/1 | €10,000 | €10,000 | - | - | - | - |
| Legal reserve130 | €10,000 | €10,000 | - | - | - | - |
| Tax-exempt reserves132 | €569 | €569 | €569 | €569 | €569 | = |
| Distributable reserves133 | €70,000 | €122,500 | €132,500 | €177,500 | €147,500 | ▼ 16.9% |
| Profit (loss) carried forward14 | €15,313 | €2,021 | €474 | €1,257 | €7,798 | ▲ 521% |
| Amounts payable17/49 | €158,273 | €296,456 | €157,542 | €154,143 | €134,718 | ▼ 12.6% |
| Amounts payable after more than one year17 | €100,411 | €136,812 | €110,648 | €105,629 | €85,611 | ▼ 19.0% |
| Financial debts170/4 | €100,411 | €136,812 | €110,648 | €105,629 | €85,611 | ▼ 19.0% |
| Amounts payable within one year42/48 | €57,862 | €159,645 | €46,894 | €48,515 | €49,107 | ▲ 1.2% |
| Current portion of amounts payable after more than one year42 | €14,015 | €26,477 | €26,526 | €29,357 | €27,265 | ▼ 7.1% |
| Trade debts44 | €32,308 | €82,693 | €20,194 | €6,983 | €9,336 | ▲ 33.7% |
| Suppliers440/4 | €32,308 | €82,693 | €20,194 | €6,983 | €9,336 | ▲ 33.7% |
| Advances received on contracts in progress46 | - | €35,000 | - | - | - | - |
| Taxes, remuneration and social security45 | €11,540 | €15,475 | €174 | €12,174 | €12,506 | ▲ 2.7% |
| Taxes450/3 | €11,540 | €15,475 | €174 | €12,174 | €12,506 | ▲ 2.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,784 | €39,208 | -€1,547 | €45,782 | -€23,458 | ▼ 151% |
| + Depreciation and write-downs630 | €20,203 | €30,200 | €43,823 | €47,151 | €41,968 | ▼ 11.0% |
| Operating cash flow (approximation) | €44,988 | €69,408 | €42,276 | €92,933 | €18,510 | ▼ 80.1% |
| Investment in fixed assets (approximation) | - | -€87,571 | -€9,988 | -€45,497 | -€30,125 | ▲ 33.8% |
| Change in cash | - | €38,408 | €23,166 | -€41,380 | -€26,648 | ▲ 35.6% |
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €45,782
Net result €45,782 after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.73
Current ratio from 2.06 to 4.73; short-term debt falls from €159,645 to €46,894.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Equity above €200,000Eq €235,089 ▲20%
3 profitable years in a row build equity to €235,089.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €36,489
Net result €36,489 after one loss-making year.
31-12
Financial
Equity above €150,000Eq €171,097 ▲27.1%
Equity rises from €134,608 to €171,097.
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
Show earlier events
2019
31-12
Financial
Weakest financial yearnet -€24,298
Net result drops to -€24,298, the lowest in the series; recovery starts the following year.
09-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 40 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Wetteren · 1 establishment unit since 2007
Ground area
4,805 m²
Building footprint
1,246 m²
Volume, LiDAR
1,545 m³
Parcel 42025A1005/00G000, Flanders · tallest building 19.0 m. Linked by address, not a title deed.
1 establishment unit
RENOVA CONSTRUCT
since 20072.162.017.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42025A1005/00G000 | Flanders | 4,805 m² | 1 · 1,246 m² | 19.0 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 1,160 EUR awarded · 1,160 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 427 EUR | 506 EUR |
| 2024 | 1 | 260 EUR | 181 EUR |
| 2023 | 1 | 230 EUR | 230 EUR |
| 2022 | 1 | 243 EUR | 243 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesRENOVA CONSTRUCT BV45009
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Of 8,576 companies in sector 43410 we hold annual accounts for 4,368. 3,465 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
Founded02-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0881666850
Registered
08-01-2026
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.