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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 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Official details

Source: KBO
Status
Active since 23-01-2025 Normal situation
Activity
Joinery installation NACE 43320and 3 others
Establishment unit
2.370.193.317 4400 Flémalle, since 23-01-2025
Financial year end
31 December
Peppol
Reachable since 22-02-2026

Board and ownership

Board

Financial position

65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Annual accounts 2025
Gross margin
€10,613
Turnover
≈ €110,000
estimated
Profit
€7,282
Equity
€9,282
Total assets
€18,340
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSize: total assets €18,340Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 accounts 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 stronger than 71% of micro companies in specialised construction (NACE 43)
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 within 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% (47,674 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 11-2026: 1.5%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.48, above the usual 1.5. Short-term debt is 15.4% and cash 15.5% of total assets. 49.4% 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 55% of them on solvency, 64% on liquidity and 92% on profitability.

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

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 the company's 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 the company's 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 accounts 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
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Caution: Less equity than 90% of companies in specialised constructionsector median €251,290 · 9,897 companies €9,282 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €2,000 · Appointment: YEMBA DJONGA (director)
All 2 events

Comparable companies

These companies have the same main activity as RICHARD RENOVATION: joinery installation (NACE 43320). They are comparable in size and age: total assets between €15,800 and €24,500, founded between 2024 and 2025.

CompanyTotal assetsGross margin
RICHARD RENOVATION Flémalle€18,340€10,613
AM2 PAUL Hasselt€18,630€11,831
BELGIUM CHASSIS & Co Erquelinnes€15,832€11,082
Group Morais-Meyer Zaventem€18,467€9,302
FG MENUISERIE Flémalle€24,015€12,521
Bout De Bois Liège€24,547€14,668
Verhaeghe Schrijnwerk Hooglede€20,743€13,545
Full comparison

Key facts about RICHARD RENOVATION

What is the company number of RICHARD RENOVATION?
The company number of RICHARD RENOVATION is 1019.120.996. The VAT number is the same 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?
The legal form of RICHARD RENOVATION is Private limited company (BV).
When was RICHARD RENOVATION founded?
RICHARD RENOVATION was 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?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €10,613 and 84 comparable companies (NACE 43320). It probably lies between €61,000 and €210,000. It is a rough estimate.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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