RENOVÉ
ActiveSummary
RENOVÉ has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42,866 and a net result of €7,679. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 9974 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▼-7
Solvency75▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.92 in 2023; short-term debt: 48% of total assets), but 50.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
49.8%
Return on assets
8.9%
Age of the figures
21 mo
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 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
419 d late
2022
28 d early
2021
33 d early
2020
33 d early
2019
28 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 59 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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 How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€42,866▲ 21.8%
2023 · €35,187
Total assets
€86,049▲ 6.0%
2023 · €81,149
Net result
€7,679▼ 36.5%
2023 · €12,088
Working capital
€44,740▲ 16.4%
2023 · €38,420
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€4,763▼ 9.3%€2,283▼ 52.1%€6,955▲ 205%€18,496▲ 166%€11,612▼ 37.2%
Net result€4,588▼ 9.5%€968▼ 78.9%€5,360▲ 454%€12,088▲ 126%€7,679▼ 36.5%
Equity€16,772▲ 37.7%€17,740▲ 5.8%€23,099▲ 30.2%€35,187▲ 52.3%€42,866▲ 21.8%
Total assets€39,797▲ 70.0%€59,508▲ 49.5%€69,126▲ 16.2%€81,149▲ 17.4%€86,049▲ 6.0%
Debt€23,025▲ 105%€41,768▲ 81.4%€46,027▲ 10.2%€45,962▼ 0.1%€43,183▼ 6.0%
Working capital€16,183▲ 47.0%€22,827▲ 41.1%€27,316▲ 19.7%€38,420▲ 40.6%€44,740▲ 16.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 37% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €86,049
Equity
€42,866 ▲ 21.8%
Debt
€43,183 ▼ 6.0%
Debt's share of the balance-sheet total falls from 56.6% to 50.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,612▼
2023 · €19,525
Cash flow
€7,679▼
2023 · €13,117
Current ratio
2.08▲
2023 · 1.92
Quick ratio
2.06▲
2023 · 1.89
Debt to equity
1.01▼
2023 · 1.31
ROE
17.9%▼
2023 · 34.4%
ROA
8.9%▼
2023 · 14.9%
Interest coverage
18.55▼
2023 · 61.32
Debt ≤ 1 year
€41,310▼
2023 · €41,956
Debt > 1 year
€1,874▼
2023 · €4,006
Income taxes
€3,306▼
2023 · €6,090
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% 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 497,058 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% | 1.6% |
| 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 74% 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 34,672 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,046 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €588 | €846 | €1,029 | €1,029 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €555 | €494 | €171 | €0 | ▼ 100% |
| Gross operating margin9900 | €6,016 | €3,684 | €8,479 | €19,696 | €11,612 | ▼ 41.0% |
| Operating profit (loss)9901 | €4,763 | €2,283 | €6,955 | €18,496 | €11,612 | ▼ 37.2% |
| Financial income75/76B | - | €8 | - | €1 | €0 | ▼ 100% |
| Recurring financial income75 | - | €8 | - | €1 | €0 | ▼ 100% |
| Financial charges65/66B | - | €1,323 | €942 | €318 | €626 | ▲ 96.6% |
| Recurring financial charges65 | €176 | €1,323 | €942 | €318 | €626 | ▲ 96.6% |
| Profit (loss) for the period before taxes9903 | €4,588 | €968 | €6,014 | €18,178 | €10,986 | ▼ 39.6% |
| Income taxes67/77 | - | - | €654 | €6,090 | €3,306 | ▼ 45.7% |
| Profit (loss) for the period9904 | €4,588 | €968 | €5,360 | €12,088 | €7,679 | ▼ 36.5% |
| Profit (loss) for the period to be appropriated9905 | €4,588 | €968 | €5,360 | €12,088 | €7,679 | ▼ 36.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,797 | €59,508 | €69,126 | €81,149 | €86,049 | ▲ 6.0% |
| Fixed assets21/28 | €588 | €2,831 | €1,801 | €773 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €588 | €2,831 | €1,801 | €773 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €2,831 | €1,801 | €773 | €0 | ▼ 100% |
| Current assets29/58 | €39,209 | €56,677 | €67,325 | €80,376 | €86,049 | ▲ 7.1% |
| Stocks and contracts in progress3 | €1,503 | €1,745 | €997 | €997 | €997 | = |
| Stocks30/36 | - | €1,745 | €997 | €997 | €997 | = |
| Amounts receivable within one year40/41 | €37,174 | €51,797 | €66,328 | €79,379 | €85,052 | ▲ 7.1% |
| Trade receivables40 | - | €51,758 | €66,328 | €79,379 | €85,052 | ▲ 7.1% |
| Other amounts receivable41 | - | €39 | - | - | - | - |
| Cash at bank and in hand54/58 | €532 | - | - | €0 | - | - |
| Deferred charges and accrued income490/1 | - | €3,135 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,797 | €59,508 | €69,126 | €81,149 | €86,049 | ▲ 6.0% |
| Equity10/15 | €16,772 | €17,740 | €23,099 | €35,187 | €42,866 | ▲ 21.8% |
| Contributions10/11 | - | €18,650 | €18,650 | €18,650 | €18,650 | = |
| Reserves13 | - | - | €4,200 | €16,288 | €23,967 | ▲ 47.1% |
| Distributable reserves133 | - | - | €4,200 | €16,288 | €23,967 | ▲ 47.1% |
| Profit (loss) carried forward14 | -€1,878 | -€910 | €249 | €249 | €249 | = |
| Amounts payable17/49 | €23,025 | €41,768 | €46,027 | €45,962 | €43,183 | ▼ 6.0% |
| Amounts payable after more than one year17 | - | €7,918 | €6,019 | €4,006 | €1,874 | ▼ 53.2% |
| Financial debts170/4 | - | €7,918 | €6,019 | €4,006 | €1,874 | ▼ 53.2% |
| Amounts payable within one year42/48 | €23,025 | €33,850 | €40,008 | €41,956 | €41,310 | ▼ 1.5% |
| Current portion of amounts payable after more than one year42 | - | €1,793 | €1,961 | €2,013 | €2,132 | ▲ 5.9% |
| Financial debts43 | - | €5,148 | €5,183 | €5,216 | €5,142 | ▼ 1.4% |
| Credit institutions430/8 | - | €5,148 | €5,183 | €5,216 | €5,142 | ▼ 1.4% |
| Trade debts44 | €8,459 | €8,790 | €10,606 | €6,650 | €2,669 | ▼ 59.9% |
| Suppliers440/4 | - | €8,790 | €10,606 | €6,650 | €2,669 | ▼ 59.9% |
| Taxes, remuneration and social security45 | - | €15,950 | €21,309 | €8,045 | €13,739 | ▲ 70.8% |
| Taxes450/3 | - | - | €1,259 | €8,045 | €13,739 | ▲ 70.8% |
| Remuneration and social security454/9 | - | €15,950 | €20,050 | €0 | - | - |
| Other amounts payable47/48 | - | €2,169 | €949 | €20,033 | €17,627 | ▼ 12.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,588 | €968 | €5,360 | €12,088 | €7,679 | ▼ 36.5% |
| + Depreciation and write-downs630 | €588 | €846 | €1,029 | €1,029 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €5,176 | €1,813 | €6,389 | €13,117 | €7,679 | ▼ 41.5% |
| Investment in fixed assets (approximation) | - | -€3,088 | €0 | -€1 | €773 | ▲ 110,487% |
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
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 419 days late
2023
31-12
Financial
Highest result since 2018net €12,088 ▲126%
Operating result €18,496, net result €12,088, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5,068
Net result €5,068 after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Beernem · 1 establishment unit since 2015
Ground area
1,503 m²
Building footprint
121 m²
Volume, LiDAR
614 m³
Parcel 31021E1058/00W000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Renové
since 20152.239.524.221
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31021E1058/00W000 | Flanders | 1,502 m² | 1 · 121 m² | 6.8 m · 2 fl. |
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.
Similar companies · same sector, comparable size
WJP CONSTRUCT
BE 0757.981.556
Zaventem · Eq €42,868
SB PROCONCEPT
BE 0475.932.181
Vorst · Eq €42,872
PEARL & LANCE PUBLISHING
BE 0437.523.844
Flémalle · Eq €42,851
D.S. GIPS
BE 0788.464.203
Tervuren · Eq €42,883
MB-Build
BE 0764.305.659
Heusden-Zolder · Eq €42,834
Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 12,934 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
Founded04-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
43350Other building finishing work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
Contact
E-mail
devroye_adeline@hotmail.comBeernem
Phone
0477573629Beernem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0597680544
Also
9925:BE0597680544
Registered
13-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.