Equity
-€95,564
Debts exceed assets in financial year 2025.
RENOVA-SOLUTION
Lifetime
6 annual accounts with figures on one time axispeak €285,079 (2020)
€104,764▼ 49.1%
lowest -€98,495 (2025)
-€98,495▼ €84,308
peak €17,118 (2023)
-€95,564▼ €98,495
€293,144▲ 18.1%
peak 4.6 FTE (2020)
-not published
Board1 name since 2019
1 directorFIERS Benny
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
Gross margin from €205,811 to €104,764Loss of €98,495Equity from €2,931 to -€95,564Debts from €248,255 to €293,144Investments €37,660Cash from €72,843 to €37,159
Key points
from the 2025 annual accountsResult
-€98,495 ▼ 594%
The result fell in 2025 from -€14,187 to -€98,495.
Debts
€293,144 148% of the balance sheet
Financial debts 35%Suppliers 28%Taxes and wages 15%Other 21%
Of this, €224,511 falls due within a year.
Investments
€39,158 3.2 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 2 late
The 2021 accounts came latest: 20 days after the end of the period.
Position in the sector
-48.4%
Lower solvency than 95% of companies in specialised construction. Sector median 46.7% · 35,119 companies.
Checked score
50
Fair
Financially stronger than 5% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,701 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.8%lowest value
01-2025: 0.8%● unchanged vs 12-2024
02-2025: 0.8%● unchanged vs 01-2025
03-2025: 0.8%● unchanged vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 1.2%▲ +0.4 percentage points vs 04-2025
06-2025: 1.1%▼ -0.1 percentage points vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.1%● unchanged vs 07-2025
09-2025: 1.1%● unchanged vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.2%▲ +0.1 percentage points vs 12-2025
02-2026: 1.2%● unchanged vs 01-2026
03-2026: 1.1%▼ -0.1 percentage points vs 02-2026
04-2026: 1.2%▲ +0.1 percentage points vs 03-2026
05-2026: 2.3%▲ +1.1 percentage points vs 04-2026highest value
06-2026: 2.3%● unchanged vs 05-2026highest value
07-2026: 2.3%● unchanged vs 06-2026highest value
08-2026: 2.3%● unchanged vs 07-2026highest value
09-2026: 2.2%▼ -0.1 percentage points vs 08-2026
10-2026: 2.2%● unchanged vs 09-2026
11-2026: 2.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €98,495, the second in a row (financial year 2025)
Negative equity -€95,564
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €197,580
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 43, micro). It does better than 3% of them on solvency, 13% on liquidity, 4% on profitability and 0% on growth.
The bankruptcy probability was computed on 07-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 6,008 companies had the same profile as RENOVA-SOLUTION has now. Each dot stands for 16 companies, two years later.
83.0%
were still trading
8.4%
stopped another way
7.9%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of RENOVA-SOLUTION itself: 2.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 6,008 companies, not a prediction for RENOVA-SOLUTION. 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 0.7 (1.08 in 2024), below 1. Short-term debt is 113.6% and cash 18.8% 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.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year -€95,564
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
2 days late
2022
2 days early
2021
20 days late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 3 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 30 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end08-11-2026 today30-04-2027 deadline
Recent changes
Change of role: FIERS Benny, from manager to director
Director discharge: FIERS Benny · General meeting of 21-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0719403765
Registered office moved from Zottegem to Serskamp
New registered office: Schoolstraat 27, 9260 Serskamp · Previous registered office: Vandendriesschestraat 4a, 9620 Zottegem · General meeting of 21-01-2021 · Gazette deed
Incorporation
published on 29-01-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RENOVA-SOLUTION Wichelen | €197,580 | €104,764 | -48.4% | - |
| SEA-SAFETY.EU Sint-Niklaas | €225,120 | €114,610 | 2.2% | 0 |
| JET-ON Sint-Niklaas | €175,530 | €100,637 | 59.2% | - |
| GMR-TECH Zottegem | €228,298 | €87,832 | 34.3% | - |
| DSL Future Homes Deinze | €206,937 | €79,871 | 89.0% | - |
| PHILO POOL Manhay | €175,023 | €105,009 | 38.1% | 2.4 |
| De Groene Baksteen Mortsel | €220,398 | €108,750 | 33.9% | - |
These companies have the same main activity as RENOVA-SOLUTION: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €175,000 and €228,000, founded between 2018 and 2019.
Official details
Source: KBO- Status
- Active since 25-01-2019Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 4 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 30-09-2022
- Establishment unit
- 2.286.269.8089260 Wichelen, since 25-01-2019
- Financial year end
- 30 September
- Peppol
- Reachable since 31-10-2023
Annual accounts to 30-09-2025
- ≈ €430,000estimated
- €197,580▼ 21.3%
- ≈ 3.2 FTEestimated
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Insights on RENOVA-SOLUTION
RENOVA-SOLUTION files the micro format. That format states no turnover. The gross margin fell from €285,079 in 2020 to €104,764 in 2025.
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 RENOVA-SOLUTION
- What is the company number of RENOVA-SOLUTION?
- The company number of RENOVA-SOLUTION is 0719.403.765. The VAT number is the same number with BE in front: BE 0719.403.765.
- Where is RENOVA-SOLUTION based?
- The registered office is at Schoolstraat 27, 9260 Wichelen.Company details
- What does RENOVA-SOLUTION do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of RENOVA-SOLUTION?
- RENOVA-SOLUTION is a private limited company (BV).
- When was RENOVA-SOLUTION founded?
- RENOVA-SOLUTION was founded on 25-01-2019.
- Is RENOVA-SOLUTION still active?
- Yes, RENOVA-SOLUTION is an active enterprise in the KBO register.
- How many employees does RENOVA-SOLUTION have?
- RENOVA-SOLUTION had an average of 1.6 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does RENOVA-SOLUTION fall under?
- In its 30-09-2022 annual accounts, RENOVA-SOLUTION states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of RENOVA-SOLUTION?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €104,764 and 46 comparable companies (NACE 43990). It probably lies between €280,000 and €780,000.
- Is RENOVA-SOLUTION profitable?
- In financial year 2025, RENOVA-SOLUTION made a loss of €98,495.
- Where can I find the annual accounts of RENOVA-SOLUTION?
- RENOVA-SOLUTION filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RENOVA-SOLUTION due?
- RENOVA-SOLUTION must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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