RENOVAD
ActiveRENOVAD has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €22k. Its solvency ranks better than 40% of 2162 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency54
Growth-
Track record67
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.37; short-term debt: 70.9% and cash: 0.4% of total assets), and 70.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.1%
Return on assets
29.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 · 1 filingDeviation from the deadline
2025
29 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Turnover
€118k
EBIT margin
19.0%
Net result
€22k
Working capital
€20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €77k
Fixed assets
€2k
Current assets
€75k
Equity and liabilities €77k
Equity
€22k
Debt
€55k
Debt finances 70.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€24k
Cash flow
€24k
Solvency
29.1%
Current ratio
1.37
Quick ratio
1.30
Debt / equity
2.44
ROE
100.0%
ROA
29.1%
Debt
€55k
Debt ≤ 1 year
€55k
Staff costs
€2k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€77k
Fixed assets21/28€2k
Tangible fixed assets22/27€2k
Plant, machinery and equipment23€2k
Current assets29/58€75k
Stocks and contracts in progress3€4k
Stocks30/36€4k
Amounts receivable within one year40/41€71k
Trade receivables40€71k
Cash at bank and in hand54/58€343
Equity and liabilities
Total equity and liabilities10/49€77k
Equity10/15€22k
Contributions10/11€1
Capital10€1
Issued capital100€1
Profit (loss) carried forward14€22k
Amounts payable17/49€55k
Amounts payable within one year42/48€55k
Trade debts44€12k
Suppliers440/4€12k
Advances received on contracts in progress46€35k
Taxes, remuneration and social security45€8k
Taxes450/3€734
Remuneration and social security454/9€7k
Income statement
Code2025
Turnover70€118k
Goods, raw materials, services and sundry goods60/61€92k
Remuneration, social security and pensions62€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€100
Gross operating margin9900€26k
Operating profit (loss)9901€22k
Profit (loss) for the period before taxes9903€22k
Profit (loss) for the period9904€22k
Profit (loss) for the period to be appropriated9905€22k
Appropriation of the result
Profit (loss) to be appropriated9906€22k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
NBB filing
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, Sint-Pieters-Leeuw · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bergensesteenweg 4211600 Sint-Pieters-LeeuwGround area
9,447 m²
Building footprint
1,468 m²
Volume, LiDAR
778 m³
2 parcels, Flanders, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOVAD
since 20242.368.149.486
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0505/00E000 | Flanders | 8,312 m² | 1 · 1,330 m² | - |
| 51532C0426/00E003 | Wallonia | 1,135 m² | 1 · 138 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BAKU CITY
BE 0705.928.188
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S & R CONSTRUCTION
BE 0727.885.525
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"AG-CONCEPT"
BE 0692.604.051
La Louvière · Eq €22k
Varela Construct
BE 0793.771.982
Zaventem · Eq €22k
JLP CONSTRUCT
BE 0405.879.375
Beloeil · Eq €22k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 11,819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2024
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43331Floor and wall tiling
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.