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RENOVE CONSTRUCT

Active Private limited companyfounded 1989active for 36 yearsrue des Brasseries 2, 7170 ManageKBO/BCE: BE 0439.915.784 #8 oldest company in Manage, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €232,125 (2011)
€41,749▼ 66.3%
lowest -€48,345 (2023)
-€5,083▼ €73,232
peak €99,786 (2008)
€23,075▼ 18.1%
€560,770▲ 6.4%
peak 7 FTE (2008)
-not published
Board2 names since 2019
1 director
Documentsfilings and deeds
18-10-202679 days late
2025micro format
Gross margin from €123,977 to €41,749Loss of €5,083Equity from €28,157 to €23,075Cash from €10,882 to €1,828

Key points

from the 2025 annual accounts

Equity

€23,075 from €99,786 in 2008

Equity fell by 77% in 17 years.

Result

-€5,083 -€5,083
€68,1002024-€5,0802025

From profit to loss in 2025, after a profit of €68,149 in 2024.

Turnover

≈ €290,000 estimated

The micro format states no turnover.

Debts

€560,770 96% of the balance sheet
Financial debts 28%Suppliers 31%Taxes and wages 0%Other 40%

Of this, €253,115 falls due within a year.

Filings

36 annual accounts 79 days
AprilJune31 JulyOctober1990200020102020

Latest accounts filed late: after the legal deadline.

Position in the sector

4.0%

Lower solvency than 85% of companies in construction of buildings. Sector median 43.1% · 10,152 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,107 companies had the same profile as RENOVE CONSTRUCT has now. Each dot stands for 3 companies, two years later.

94.3%
were still trading
3.5%
stopped another way
1.8%
went bankrupt
  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

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.

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 1,107 companies, not a prediction for RENOVE CONSTRUCT. 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

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Signals

Board and ownership

Director, since 20-09-2019
  • 280 sharesdeed of 07-10-2019
Board & ownership

Recent changes

Change of role: , from manager to director “nouvel objet modifié” (deed in French) · Capital increase of BEF 840.000 · General meeting of 20-04-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0439915784
Registered office moved from Saint-Vaast to Manage Transfer of 280 shares from to · New registered office: rue des Brasseries 2 à 7170 Manage · Previous registered office: Rue d'Alsace 7 à 7100 Saint-Vaast · General meeting of 23-09-2019 · Gazette deed
First establishment rue des Brasseries 2, Manage
All 48 events

Comparable companies

same main activity, similar in size and age
Company
RENOVE CONSTRUCT Manage €583,844 €41,749 4.0% -
ETABLISSEMENTS LOUIS FICHELLE ET FILS Rumes €511,475 €36,061 95.7% -
GEBROEDERS DEROOVER Tremelo €562,240 €35,203 88.3% -
VERBOUWINGSWERKEN BOUDOLF Antwerp €572,289 €50,967 45.3% -
MICHEL DETHIER Kortenaken €530,087 €50,194 69.9% 0.3
TRIMMO Ottignies-Louvain-la-Neuve €661,337 €35,575 32.9% -
BOUWWERKEN AMEYE MARC Wevelgem €639,233 €35,828 57.8% -

These companies have the same main activity as RENOVE CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €511,000 and €661,000, founded between 1986 and 1991.

Official details

Source: KBO
Status
Active since 27-12-1989Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.047.412.4547170 Manage, since 13-03-1990
Financial year end
31 December
Peppol
Reachable since 08-01-2026
Company details

Annual accounts 2025

€583,844▲ 5.2%
Filing
Filed on 18-10-2026
Financials

Insights on RENOVE CONSTRUCT

RENOVE CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €104,355 in 2006 to €41,749 in 2025.

The balance sheet grew most from 2020 to 2022 through fixed assets, financed with long-term debt.

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 RENOVE CONSTRUCT

What is the company number of RENOVE CONSTRUCT?
The company number of RENOVE CONSTRUCT is 0439.915.784. The VAT number is the same number with BE in front: BE 0439.915.784.
Where is RENOVE CONSTRUCT based?
The registered office is at rue des Brasseries 2, 7170 Manage.Company details
What does RENOVE CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of RENOVE CONSTRUCT?
RENOVE CONSTRUCT is a private limited company (BV).
When was RENOVE CONSTRUCT founded?
RENOVE CONSTRUCT was founded on 27-12-1989.
Is RENOVE CONSTRUCT still active?
Yes, RENOVE CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of RENOVE CONSTRUCT?
The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €41,749 and 164 comparable companies (NACE 41001). It probably lies between €160,000 and €520,000. In financial year 2020 turnover was €209,156.Financials
Is RENOVE CONSTRUCT profitable?
In financial year 2025, RENOVE CONSTRUCT made a loss of €5,083.
Where can I find the annual accounts of RENOVE CONSTRUCT?
RENOVE CONSTRUCT filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENOVE CONSTRUCT due?
RENOVE CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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