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RENOVEX

Active
Private limited companyfounded 2003active for 23 yearsOostendesteenweg(FEER) 218-220, 8480 Ichtegem, BelgiumKBO/BCE: BE 0479.733.195
Summary

RENOVEX has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288,221 and a net result of €17,096. Equity has been growing by about 4.3% per year since 2019. Its solvency ranks better than 23% of 34,946 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 07-03-2003 Normal situation
Activity
Other specialised construction activities NACE 43990and 1 other
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 30-06-2025
Establishment unit
2.132.347.238 8480 Ichtegem, since 16-06-2003
Financial year end
30 June
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€137,717
▲ 27.6%
Turnover
≈ €570,000
estimated
Profit
€17,096
Equity
€288,221
▲ 5.7%
Total assets
€1.3m
▼ 4.5%
Employees on 30-06-2025
1
=
Filed on 20-11-2025, 72 days before the deadline
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Liquidity: current ratio 0.36, cash €15,051, halvedlowers riskSize: total assets €1.3mFounded in 2003Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 47+3
equity 21.5% of total assets
Liquidity 44-5
short-term debt 21.5% · cash 1.1%
Profitability 55+8
return on assets 1.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.5%▲ +0.1 percentage points vs 09-2025 11-2025: 0.6%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 0.5%▼ -0.1 percentage points vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.2 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.36 (0.73 in 2024), below 1. Short-term debt is 21.5% and cash 1.1% of total assets. 78.5% of the assets are financed with debt and provisions.
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 23% of them on solvency, 34% on liquidity, 26% on profitability and 48% on growth.

The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 0.36, cash €15,051, halved
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 34946 sector peers (2025).
NBB · sector comparison
Position among 34946 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-11-2025, 72 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
72 days early
2024
71 days early
2023
65 days early
2022
15 days early
2021
47 days early
2020
13 days early
2019
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 42 days before 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)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 November (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 90% of companies in specialised constructionsector median €57,775 · 34,958 companies €288,221 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Diksmuide to Ichtegem
  2. · Gazette deed Registered office moved within DiksmuideChanges of role: VANDENBROUCKE Kurt (director) and VANDENBROUCKE Jan (director)
  3. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as RENOVEX: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €1.1m and €1.6m, founded between 2002 and 2005.

CompanyTotal assetsGross margin
RENOVEX Ichtegem€1.3m€0.1m
F. SIERRA Jette€1.2m€0.1m
Van Nuffel Restauratie Sint-Lievens-Houtem€1.1m€0.1m
NOUV'EAU Deinze€1.4m€0.1m
COVER-IT Wuustwezel€1.6m€0.1m
CROMBETEC Gembloux€1.2m€0.2m
PROCALCO Wevelgem€1.2m€0.2m
Full comparison

Key facts about RENOVEX

What is the company number of RENOVEX?
The company number of RENOVEX is 0479.733.195. The VAT number is the same number with BE in front: BE 0479.733.195.
Where is RENOVEX based?
The registered office is at Oostendesteenweg(FEER) 218-220, 8480 Ichtegem.Company details
What does RENOVEX do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of RENOVEX?
The legal form of RENOVEX is Private limited company (BV).
When was RENOVEX founded?
RENOVEX was founded on 07-03-2003.
Is RENOVEX still active?
Yes, RENOVEX is an active enterprise in the KBO register.
How many employees does RENOVEX have?
RENOVEX had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does RENOVEX fall under?
In its 30-06-2025 annual accounts, RENOVEX states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of RENOVEX?
The turnover in financial year 2025 is ≈ €570,000. This figure is estimated from the gross margin of €137,717 and 47 comparable companies (NACE 43990). It probably lies between €380,000 and €1.0m.
Is RENOVEX profitable?
In financial year 2025, RENOVEX made a profit of €17,096.
Where can I find the annual accounts of RENOVEX?
RENOVEX filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENOVEX due?
RENOVEX must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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