Checked.be · Company dossierhttps://checked.be/en/c/renovation-development-construction-0452860237 · as of 13-11-2026
RENOVATION DEVELOPMENT & CONSTRUCTION
ActivePrivate limited company · founded 1994 · active for 32 yearsLijsterbessebomenlaan 25, 1180 UccleKBO/BCE: BE 0452.860.237subsidiary of Name hiddenVisible after signing in
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20 annual accounts with figures on one time axis, 31 filings since 1995
peak €107,513 (2020)
-€27,632▼ €26,526
lowest -€417,288 (2022)
-€266,073▲ €81,358
peak -€26,238 (2020)
-€1.2m▼ €266,073
€4.9m▲ 18.7%
Board2 names since 2020
1 directorName hiddenVisible after signing in
Owners
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Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from -€1,106 to -€27,632Loss of €266,073Equity from -€968,699 to -€1.2mDebts from €4.1m to €4.9mInvestments €494,695Cash from €34,239 to €80,428
Less equity than 95% of companies in real estate. Sector median €403,667 · 12,431 companies.
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,241 companies had the same profile as RENOVATION DEVELOPMENT & CONSTRUCTION has now. Each dot stands for 4 companies, two years later.
92.7%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Small
20 years or older
negative equity
a small loss
Another 1.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 1,241 companies, not a prediction for RENOVATION DEVELOPMENT & CONSTRUCTION. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
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Board and ownership
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Director
Name hiddenVisible after signing in 100%score XXVisible after signing inequity -€2.2m (2025) · 2025 annual accounts of Name after signing inVisible after signing in
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0452860237
Company renamed from OLD ROCK to RENOVATION DEVELOPMENT CONSTRUCTION
Registered office moved from Tinlot to Uccle · New registered office: Avenue des Sorbiers 25, 1180 Uccle · Previous registered office: Route de Fraiture 34, 4557 Tinlot · General meeting of 02-03-2021 · Gazette deed
First establishment
Lijsterbessebomenlaan 25, Uccle
Incorporation
published on 06-07-1994 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as RENOVATION DEVELOPMENT & CONSTRUCTION: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.4m and €4.1m, founded between 1985 and 1993.
RENOVATION DEVELOPMENT & CONSTRUCTION files the abbreviated format. That format states no turnover. The gross margin fell from -€6,010 in 2006 to -€27,632 in 2025.
The balance sheet grew most from 2022 to 2024 through fixed assets, financed with long-term debt.
Name hiddenVisible after signing in holds all the shares.