RENOVE - ELECTRIC
ActiveFrom the official registers: KBO 12 annual accounts at the National Bank publications in the Belgian Official Gazette
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 has been growing by about 4% per year since 2018. Its solvency ranks better than 30% of 34,902 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).
Overview
Official details
KBO- Status
- Active since 13-06-2014 Normal situation
- Activity
- General electrical installation work NACE 43211
- Establishment unit
- 2.234.346.795 9255 Buggenhout, since 27-05-2014
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.0%
- Gross margin
- €28,721
- ▼ 69.0%
- Turnover
- ≈ €130,000
- estimated
- Loss
- €66,928
- ▲ 917%
- Equity
- €64,914
- ▼ 50.8%
- Total assets
- €225,878
- ▼ 32.7%
- Staff
- 1 FTE
- =
Score breakdownraises 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 accounts lateSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €225,878Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 30% of them on solvency, 21% on liquidity, 4% on profitability and 9% on growth.
The bankruptcy probability was computed on 31-10-2026 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. 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).
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Signals
The company filed its last 7 accounts on average 34 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as RENOVE - ELECTRIC: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €203,000 and €259,000, founded between 2013 and 2016.
| Company | Total assets | Gross margin |
|---|---|---|
| RENOVE - ELECTRIC Waterloo | €225,878 | €28,721 |
| CUSTOMATICS Mechelen | €211,861 | €29,087 |
| JMB Solutions Oostende | €244,513 | €31,370 |
| XL SOLUTIONS Mechelen | €258,896 | €31,928 |
| PAESHUYSE ELECTRO TECHNICS Dessel | €202,709 | €26,923 |
| BADCODE Enghien | €225,324 | €35,198 |
| Sym Secure Heist-op-den-Berg | €214,236 | €30,456 |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 25-08-2026
- Annual accounts 2024filed on 26-09-2025
- Annual accounts 2023filed on 30-08-2024
- Annual accounts 2022filed on 28-08-2023
Acts in the Belgian Official Gazette
- Legal-form change · Resignations & appointmentsact of 13-02-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
- Check the withholding obligationwith enterprise number 0553.803.781
Key facts about RENOVE - ELECTRIC
- What is the company number of RENOVE - ELECTRIC?
- The company number of RENOVE - ELECTRIC is 0553.803.781. The VAT number is the same 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?
- The legal form of RENOVE - ELECTRIC is Private limited company (BV).
- When was RENOVE - ELECTRIC founded?
- RENOVE - ELECTRIC was 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?
- RENOVE - ELECTRIC had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RENOVE - ELECTRIC?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €28,721 and 45 comparable companies (NACE 43211). It probably lies between €94,000 and €210,000. In financial year 2021 turnover was €1.1m.
- 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.Annual accounts at the National Bank
- When are the next annual accounts of RENOVE - ELECTRIC due?
- RENOVE - ELECTRIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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