Equity
-€1.2m
Debts exceed assets in financial year 2025.
RENOVATION DEVELOPMENT & CONSTRUCTION
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €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 directorLOSANE
Owners
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
Key points
from the 2025 annual accountsLosses
-€1.2m in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Debts
€4.9m 134% of the balance sheet
Financial debts 16%Suppliers 8%Other 75%
€2.9m of the debts are secured on the company's own assets. In 2024 that was €2.6m.
Investments
€494,695 8.8 × depreciation
Green is investment, beige is depreciation.
At the same address
60 companies
Position in the sector
-€266,073
Lower net result than 95% of companies in real estate. Sector median €9,997 · 11,290 companies.
Checked score
53
Fair
Financially stronger than 8% of small companies in real estate (NACE 68)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,997 companies (NACE 68, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.5%▲ +0.1 percentage points vs 01-2025
03-2025: 0.4%▼ -0.1 percentage points vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.3 percentage points vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -0.8 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€1.2m
Loss of €266,073, the second in a row (financial year 2025)
lowers risk
Size: total assets €3.7m
Figures for financial year 2025 (filed on 16-07-2026)
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 68, small). It does better than 1% of them on solvency, 13% on liquidity, 3% on profitability and 13% 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 1,242 companies had the same profile as RENOVATION DEVELOPMENT & CONSTRUCTION has now. Each dot stands for 4 companies, two years later.
92.8%
were still trading
4.0%
stopped another way
1.9%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of RENOVATION DEVELOPMENT & CONSTRUCTION itself is lower: 0.3% within 12 months. It rests on far more data about RENOVATION DEVELOPMENT & CONSTRUCTION than the profile alone.
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 1,242 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.07 (0.06 in 2024), below 1. Short-term debt is 68.1% and cash 2.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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
1819202122232425
2018 to 2025 · latest year -€1.2m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 days early
2024
56 days early
2023
3 days early
2022
54 days early
2021
46 days early
2020
52 days early
2019
78 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- INSIDE INVESTMENT FUNDS 100%score 53equity -€2.2m (2025) · 2025 annual accounts of INSIDE INVESTMENT FUNDS
Recent changes
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
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RENOVATION DEVELOPMENT & CONSTRUCTION Uccle | €3.7m | -€27,632 | -33.6% | - |
| VALDAMCO Kraainem | €3.0m | €95 | 85.1% | - |
| GEBROEDERS MEYNEN Antwerp | €3.9m | -€15,763 | 5.0% | - |
| Média International Brussels | €3.6m | -€122,131 | 17.9% | - |
| COMPTOIR FONCIER ET FINANCIER DU CONGRES Brussels | €4.1m | -€3,821 | 40.4% | - |
| GADMEG Forest | €2.9m | -€43,704 | 30.3% | - |
| DYNAMIC INVEST Etterbeek | €2.4m | -€21,759 | -56.4% | - |
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.
Official details
Source: KBO- Status
- Active since 14-06-1994Normal situation
- Registered office
- 61 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 8 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 5 others
- Establishment unit
- 2.067.428.1081180 Uccle, since 05-07-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 04-07-2025
Annual accounts 2025
- €3.7m▲ 16.0%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on RENOVATION DEVELOPMENT & CONSTRUCTION
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.
INSIDE INVESTMENT FUNDS holds all the shares.
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 RENOVATION DEVELOPMENT & CONSTRUCTION
- What is the company number of RENOVATION DEVELOPMENT & CONSTRUCTION?
- The company number of RENOVATION DEVELOPMENT & CONSTRUCTION is 0452.860.237. The VAT number is the same number with BE in front: BE 0452.860.237.
- Where is RENOVATION DEVELOPMENT & CONSTRUCTION based?
- The registered office is at Lijsterbessebomenlaan 25, 1180 Uccle.Company details
- What does RENOVATION DEVELOPMENT & CONSTRUCTION do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of RENOVATION DEVELOPMENT & CONSTRUCTION?
- RENOVATION DEVELOPMENT & CONSTRUCTION is a private limited company (BV).
- When was RENOVATION DEVELOPMENT & CONSTRUCTION founded?
- RENOVATION DEVELOPMENT & CONSTRUCTION was founded on 14-06-1994.
- Is RENOVATION DEVELOPMENT & CONSTRUCTION still active?
- Yes, RENOVATION DEVELOPMENT & CONSTRUCTION is an active enterprise in the KBO register.
- What is the turnover of RENOVATION DEVELOPMENT & CONSTRUCTION?
- The annual accounts for financial year 2025 state no turnover. In financial year 2020 turnover was €93,000.Financials
- Is RENOVATION DEVELOPMENT & CONSTRUCTION profitable?
- In financial year 2025, RENOVATION DEVELOPMENT & CONSTRUCTION made a loss of €266,073.
- Where can I find the annual accounts of RENOVATION DEVELOPMENT & CONSTRUCTION?
- RENOVATION DEVELOPMENT & CONSTRUCTION filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RENOVATION DEVELOPMENT & CONSTRUCTION due?
- RENOVATION DEVELOPMENT & CONSTRUCTION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.