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RENOVE - ELECTRIC

Active
Private limited companyfounded 2014active for 12 yearsChaussée de Bruxelles 275, 1410 Waterloo, BelgiumKBO/BCE: BE 0553.803.781
Summary

The annual accounts of RENOVE - ELECTRIC for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €64,914 and a net result of -€66,928. Equity is growing by about 4% per year across the filed financial years. Its solvency ranks better than 30% of 34,747 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).

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RENOVE - ELECTRICActiveChecked score 53/100
Risk analysis ReportCompare

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
≈ €130,000turnover 2025, estimated
Staff
1 FTE
Equity
€64,914
Loss
-€66,928
Turnover estimated from the gross margin
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 25 days late1 of 5 deeds summarised
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €66,928, the second in a row (financial year 2025)Last filed accounts filed 25 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €225,878Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 54-10
equity 28.7% of total assets
Liquidity 32+11
short-term debt 69.1% · cash 15.5%
Profitability 0-31
return on assets -29.6%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.6%▼ -0.2 percentage points vs 11-2024lowest value 01-2025: 0.6%● unchanged vs 12-2024lowest value 02-2025: 0.6%● unchanged vs 01-2025lowest value 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.3 percentage points vs 08-2025 10-2025: 1.6%▲ +0.1 percentage points vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.4%▼ -0.2 percentage points vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.4%● unchanged vs 06-2026 08-2026: 2.1%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -1.1 percentage points vs 08-2026 10-2026: 1.0%● unchanged vs 09-2026
Credit of up to €3,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.97, compared with 1.22 in 2024, below 1; short-term debt: 69.1% and cash: 15.5% of total assets), and 71.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 30% on solvency, 21% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 28-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €66,928, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Last filed accounts filed 25 days late; 1 of the last 3 late
NBB · filings
lowers risk · Size: total assets €225,878
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€66,928
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
57 days late
2023
30 days late
2022
28 days late
2021
29 days late
2020
25 days late
2019
45 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 29 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€66,928
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Caution: Result fell in 2025from -€6,579 to -€66,928 ▼ 917% View
  • Caution: Among the weakest 5% on net resultsector median €10,234 · 34,734 companies -€66,928 View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€66,928 View

By topic

Financials

Financial year
2025
Total assets
€225,878
Loss
-€66,928
Solvency
28.7%
Turnover▲ 64.7%
Net result
20182021
Go to Financials

Timeline

Events
17
Since
2015
Next accounts
by 31-07-2027
  1. 30-08-2024Annual accounts filed
  2. 13-02-2024Legal-form change · Resignations & appointments
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General electrical installation workNACE 43211
Founded
13-06-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
32
Purpose
“Tous travaux d’électricité générale; L’installation; La rénovation; Le dépannage; La…” (deed in French)
Go to Articles of association

Key facts about RENOVE - ELECTRIC

What is the company number of RENOVE - ELECTRIC?
0553.803.781. In Belgium the VAT number is the company number with BE in front: BE 0553.803.781.
Where is RENOVE - ELECTRIC based?
The registered office is at Chaussée de Bruxelles 275, 1410 Waterloo.Company details
What does RENOVE - ELECTRIC do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of RENOVE - ELECTRIC?
Private limited company (BV).
When was RENOVE - ELECTRIC founded?
On 13-06-2014.
Is RENOVE - ELECTRIC still active?
Yes, RENOVE - ELECTRIC is an active enterprise in the KBO register.
How many employees does RENOVE - ELECTRIC have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of RENOVE - ELECTRIC?
€1.1m in financial year 2021, according to the filed annual accounts.
Is RENOVE - ELECTRIC profitable?
In financial year 2025, RENOVE - ELECTRIC made a loss of €66,928.
Where can I find the annual accounts of RENOVE - ELECTRIC?
RENOVE - ELECTRIC filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENOVE - ELECTRIC due?
By 31-07-2027, for financial year 2026.Timeline

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