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RICHARD RENOVATION

Active
Private limited companyfounded 2025active for 1 yearRue Fays 250, 4400 Flémalle, BelgiumKBO/BCE: BE 1019.120.996
Summary

RICHARD RENOVATION has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,282 and a net result of €7,282. Its solvency ranks better than 58% of 9,844 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

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RICHARD RENOVATIONActiveChecked score 65/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
≈ €110,000turnover 2025, estimated
Equity
€9,282
Profit
€7,282
Turnover estimated from the gross margin
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
2025 accounts filed 31 days late
Why 65raises riskSize: total assets €18,340Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 6.48, cash €2,847Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 71% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength
Strong
Solvency 76
equity 50.6% of total assets
Liquidity 66
short-term debt 15.4% · cash 15.5%
Profitability 100
return on assets 39.7%
Bankruptcy probability, 12 months
1.5% 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% (47,663 companies, NACE 43, micro)
Last 24 months 02-2026: 1.9% 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 2.3%▲ +0.4 percentage points vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.7%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 2.7%● unchanged vs 07-2026highest value 09-2026: 1.5%▼ -1.2 percentage points vs 08-2026lowest value 10-2026: 1.5%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 6.48, above the usual 1.5; short-term debt: 15.4% and cash: 15.5% of total assets), and 49.4% 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 55% on solvency, 64% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 29-10-2026 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

Five signals.
lowers riskraises risk
raises risk · Size: total assets €18,340
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 6.48, cash €2,847
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. IncorporationAppointment: YEMBA DJONGA (director) ·…

Key points

  • Caution: Among the weakest 10% on equitysector median €252,226 · 9,846 companies €9,282 View
  • One director decidessole director in office 1 View
  • Total assets 2025first financial year filed €18,340 View

By topic

Financials

Financial year
2025
Total assets
€18,340
Profit
€7,282
Solvency
50.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
23-01-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
33
Who signs
Each director alone
Purpose
“Toutes activités liées à l'entreprise générale de construction et la rénovation notamment…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about RICHARD RENOVATION

What is the company number of RICHARD RENOVATION?
1019.120.996. In Belgium the VAT number is the company number with BE in front: BE 1019.120.996.
Where is RICHARD RENOVATION based?
The registered office is at Rue Fays 250, 4400 Flémalle.Company details
What does RICHARD RENOVATION do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of RICHARD RENOVATION?
Private limited company (BV).
When was RICHARD RENOVATION founded?
On 23-01-2025.
Is RICHARD RENOVATION still active?
Yes, RICHARD RENOVATION is an active enterprise in the KBO register.
What is the turnover of RICHARD RENOVATION?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RICHARD RENOVATION profitable?
In financial year 2025, RICHARD RENOVATION made a profit of €7,282.
Where can I find the annual accounts of RICHARD RENOVATION?
RICHARD RENOVATION filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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