Equity
RENOVÉ has made a profit without a break since 2019.
In July 2024, 34,691 companies had the same profile as RENOVÉ has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,331 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 | 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 34,691 companies, not a prediction for RENOVÉ. 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.
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.
| Company | ||||
|---|---|---|---|---|
| RENOVÉ Beernem | €86,049 | €11,612 | 49.8% | - |
| EURONIZ CONSTRUCT Sint-Gillis (bij-Brussel) | €89,591 | €11,845 | 89.6% | - |
| PHILIPPE VANHAMME Lasne | €82,940 | €12,482 | 34.6% | - |
| Eeckhout Jano Lede | €74,283 | €11,505 | 11.0% | 0 |
| TATRA KONSTRUKT Aalter | €75,285 | €11,776 | 61.0% | - |
| RENOTAR Sint-Gillis-Waas | €94,366 | €10,564 | 84.2% | - |
| VEBALY Aalst | €102,237 | €11,273 | 83.8% | - |
These companies have the same main activity as RENOVÉ: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €74,300 and €102,000, founded between 2013 and 2016.
RENOVÉ files the micro format. That format states no turnover. The gross margin rose from -€1,934 in 2016 to €11,612 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 12 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €140,000. Estimated: probably between €72,000 and €250,000.
Higher than 58% of 9,833 companies in 2024.
Higher than 61% of 9,553 companies in 2024.
Higher than 56% of 9,646 companies in 2024.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
86,049 | 81,149 | 69,126 | 59,508 | 39,797 | 23,403 | 19,874 | 18,076 | 12,401 | |
21/28 |
0 | 773 | 1,801 | 2,831 | 588 | 1,177 | 653 | 1,307 | 1,960 | |
22/27 |
0 | 773 | 1,801 | 2,831 | 588 | 1,177 | 653 | 1,307 | 1,960 | |
23 |
- | - | - | - | 588 | 1,177 | 653 | 1,307 | 1,960 | |
24 |
0 | 773 | 1,801 | 2,831 | - | - | - | - | - | |
29/58 |
86,049 | 80,376 | 67,325 | 56,677 | 39,209 | 22,227 | 19,220 | 16,770 | 10,441 | |
3 |
997 | 997 | 997 | 1,745 | 1,503 | 2,433 | 1,258 | - | 262 | |
30/36 |
997 | 997 | 997 | 1,745 | 1,503 | 2,433 | 1,258 | - | 262 | |
40/41 |
85,052 | 79,379 | 66,328 | 51,797 | 37,174 | 19,383 | 17,962 | 15,531 | 3,891 | |
40 |
85,052 | 79,379 | 66,328 | 51,758 | 37,174 | 17,727 | 17,917 | 15,481 | - | |
41 |
- | - | - | 39 | - | 1,656 | 46 | 50 | 3,891 | |
54/58 |
- | 0 | - | - | 532 | 411 | - | 1,239 | 6,289 | |
490/1 |
- | - | - | 3,135 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
86,049 | 81,149 | 69,126 | 59,508 | 39,797 | 23,403 | 19,874 | 18,076 | 12,401 | |
10/15 |
42,866 | 35,187 | 23,099 | 17,740 | 16,772 | 12,184 | 7,116 | 14,651 | 10,387 | |
10/11 |
18,650 | 18,650 | 18,650 | 18,650 | 18,650 | 18,650 | 18,650 | 18,650 | 18,650 | |
100 |
- | - | - | - | - | 18,650 | 18,650 | 18,650 | 18,650 | |
13 |
23,967 | 16,288 | 4,200 | - | - | - | - | - | - | |
133 |
23,967 | 16,288 | 4,200 | - | - | - | - | - | - | |
14 |
249 | 249 | 249 | -910 | -1,878 | -6,466 | -11,534 | -3,999 | -8,263 | |
17/49 |
43,183 | 45,962 | 46,027 | 41,768 | 23,025 | 11,219 | 12,757 | 3,425 | 2,015 | |
17 |
1,874 | 4,006 | 6,019 | 7,918 | - | - | - | - | - | |
170/4 |
1,874 | 4,006 | 6,019 | 7,918 | - | - | - | - | - | |
42/48 |
41,310 | 41,956 | 40,008 | 33,850 | 23,025 | 11,219 | 12,757 | 3,425 | 2,015 | |
42 |
2,132 | 2,013 | 1,961 | 1,793 | - | - | - | - | - | |
43 |
5,142 | 5,216 | 5,183 | 5,148 | - | - | 35 | - | - | |
430/8 |
5,142 | 5,216 | 5,183 | 5,148 | - | - | 35 | - | - | |
44 |
2,669 | 6,650 | 10,606 | 8,790 | 8,459 | 1,569 | 2,049 | 676 | 815 | |
440/4 |
2,669 | 6,650 | 10,606 | 8,790 | 8,459 | 1,569 | 2,049 | 676 | 815 | |
45 |
13,739 | 8,045 | 21,309 | 15,950 | 12,352 | 8,250 | 10,046 | 2,698 | 1,200 | |
450/3 |
13,739 | 8,045 | 1,259 | - | 102 | - | 46 | 1,448 | - | |
454/9 |
- | 0 | 20,050 | 15,950 | 12,250 | 8,250 | 10,000 | 1,250 | 1,200 | |
47/48 |
17,627 | 20,033 | 949 | 2,169 | 2,214 | 1,400 | 628 | 51 | - | |
| Income statement | ||||||||||
76A |
4,046 | - | - | - | - | - | - | - | - | |
9900 |
11,612 | 19,696 | 8,479 | 3,684 | 6,016 | 7,096 | -6,385 | 6,978 | -1,934 | |
630 |
0 | 1,029 | 1,029 | 846 | 588 | 1,242 | 653 | 653 | 1,132 | |
640/8 |
0 | 171 | 494 | 555 | 664 | 605 | 453 | 1,452 | 4,030 | |
9901 |
11,612 | 18,496 | 6,955 | 2,283 | 4,763 | 5,250 | -7,491 | 4,873 | -7,096 | |
75/76B |
0 | 1 | - | 8 | - | 10 | - | 10 | 3 | |
75 |
0 | 1 | - | 8 | - | 10 | - | 10 | 3 | |
65/66B |
626 | 318 | 942 | 1,323 | 176 | 95 | 44 | 619 | 1,169 | |
65 |
626 | 318 | 942 | 1,323 | 176 | 95 | 44 | 619 | 1,169 | |
9903 |
10,986 | 18,178 | 6,014 | 968 | 4,588 | 5,165 | -7,535 | 4,264 | -8,263 | |
67/77 |
3,306 | 6,090 | 654 | - | - | 97 | - | - | 0 | |
9904 |
7,679 | 12,088 | 5,360 | 968 | 4,588 | 5,068 | -7,535 | 4,264 | -8,263 | |
9905 |
7,679 | 12,088 | 5,360 | 968 | 4,588 | 5,068 | -7,535 | 4,264 | -8,263 | |
| Appropriation of the result | ||||||||||
9906 |
7,928 | 12,337 | 4,449 | -910 | -1,878 | -6,466 | -11,534 | -3,999 | -8,263 | |
14P |
249 | 249 | -910 | -1,878 | - | - | - | - | - | |
691/2 |
7,679 | 12,088 | 4,200 | - | - | - | - | - | - | |
6921 |
7,679 | 12,088 | 4,200 | - | - | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 23-09-2025.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 23-09-2025 | 2025-00500344 | |
| 31-12-2023 | micro format | 23-09-2025 | 2025-00500346 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00191751 | |
| 31-12-2021 | micro format | 28-06-2022 | 2022-20124372 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-26200188 | |
| 31-12-2019 | micro format | 03-07-2020 | 2020-25600560 | |
| 31-12-2018 | micro format | 12-07-2019 | 2019-32100529 | |
| 31-12-2017 | micro format | 12-07-2018 | 2018-34000137 | |
| 31-12-2016 | abbreviated format | 26-06-2017 | 2017-22800501 |
| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 11,612 | 19,525 | 7,985 | 3,129 | 5,352 | 6,491 | -6,838 | 5,526 | -5,964 | ||
| 7,679 | 13,117 | 6,389 | 1,813 | 5,176 | 6,309 | -6,881 | 4,917 | -7,131 | ||
| -773 | 1 | 0 | 3,088 | 0 | 1,765 | 0 | 0 | 3,092 | ||
| - | - | - | - | 121 | - | - | -5,050 | - | ||
| 44,740 | 38,420 | 27,316 | 22,827 | 16,183 | 11,007 | 6,463 | 13,344 | 8,427 | ||
| 49.8% | 43.4% | 33.4% | 29.8% | 42.1% | 52.1% | 35.8% | 81.1% | 83.8% | ||
| 2.08 | 1.92 | 1.68 | 1.67 | 1.70 | 1.98 | 1.51 | 4.90 | 5.18 | ||
| 2.06 | 1.89 | 1.66 | 1.62 | 1.64 | 1.76 | 1.41 | 4.90 | 5.05 | ||
| 1.01 | 1.31 | 1.99 | 2.35 | 1.37 | 0.92 | 1.79 | 0.23 | 0.19 | ||
| 17.9% | 34.4% | 23.2% | 5.5% | 27.4% | 41.6% | -105.9% | 29.1% | -79.6% | ||
| 8.9% | 14.9% | 7.8% | 1.6% | 11.5% | 21.7% | -37.9% | 23.6% | -66.6% | ||
| 18.55 | 61.32 | 8.48 | 2.36 | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €3,088 |
| €0 | €1,029 | €1,029 | €846 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
The operating result for 2024 is 37% lower than in 2023.
Debt's share of the balance-sheet total falls from 56.6% to 50.2%. Equity is higher and debt is lower.
RENOVÉ has no parent and no holdings in its annual accounts. is the only director. RENOVÉ shares no director with another company.
| V & O CONSTRUCT
establishment since 08-05-2008 · founded in 2008 |
total assets €292,082 (2025) 0897.789.042 |
| 4 Life Construct
registered office since 03-01-2008 · founded in 2008 |
total assets €122,230 (2025) 0894.670.095 |
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Akkerstraat 108 registered office 8730 Beernem 4211003 Construction of roads and motorways | 04-02-2015 | 2.239.524.221 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31021E1058/00W000 | 1,502 m² | 1 · 121 m² | 6.8 m · 2 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0597.680.544
If something looks wrong or is missing, please tell us.