Turnover
≈ €220,000 estimated
The accounts state no turnover.
ST RENOVATIE
Lifetime
1 annual account with figuresGross marginpeak €17,627 (2025)
€17,627
Resultpeak €1,899 (2025)
€1,899
Equitypeak €33,513 (2025)
€33,513
Debts
€43,051
Board2 names since 2025
-
Documentsfilings and deeds
05-08-20265 days late
2025micro format
Change of role: Stijn MILLECAM, from statutory manager to dir… 15-04Transfer of 10 shares from Millecam Steve to Millecam Stijn 04-03First year with figures
Key points
from the 2025 annual accounts2025 accounts filed 5 days after the deadline
Checked score
55
Fair
Financially stronger than 48% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.5%highest value
01-2025: 8.5%● unchanged vs 12-2024highest value
02-2025: 8.5%● unchanged vs 01-2025highest value
03-2025: 7.8%▼ -0.7 percentage points vs 02-2025
04-2025: 7.8%● unchanged vs 03-2025
05-2025: 7.8%● unchanged vs 04-2025
06-2025: 7.5%▼ -0.3 percentage points vs 05-2025
07-2025: 7.4%▼ -0.1 percentage points vs 06-2025
08-2025: 7.4%● unchanged vs 07-2025
09-2025: 7.4%● unchanged vs 08-2025
10-2025: 7.4%● unchanged vs 09-2025
11-2025: 7.4%● unchanged vs 10-2025
12-2025: 7.5%▲ +0.1 percentage points vs 11-2025
01-2026: 7.5%● unchanged vs 12-2025
02-2026: 7.5%● unchanged vs 01-2026
03-2026: 7.5%● unchanged vs 02-2026
04-2026: 7.4%▼ -0.1 percentage points vs 03-2026
05-2026: 7.4%● unchanged vs 04-2026
06-2026: 7.3%▼ -0.1 percentage points vs 05-2026
07-2026: 6.6%▼ -0.7 percentage points vs 06-2026
08-2026: 6.3%▼ -0.3 percentage points vs 07-2026
09-2026: 1.7%▼ -4.6 percentage points vs 08-2026
10-2026: 1.7%● unchanged vs 09-2026lowest value
11-2026: 1.7%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: total assets €76,564
Founded in 2021
lowers risk
Liquidity: current ratio 1.37, cash €13,567
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 41, micro). It does better than 52% of them on solvency, 47% on liquidity and 45% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as ST RENOVATIE has now. Each dot stands for 13 companies, two years later.
93.9%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ST RENOVATIE itself: 1.7% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,047 companies, not a prediction for ST RENOVATIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37, below the usual 1.5. Short-term debt is 49.3% and cash 17.7% of total assets. 56.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 filingDeviation from the deadline
2025
5 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
last known board- Millecam Stevedeed of 04-03-2025
- Millecam Stijn 10 sharesdeed of 04-03-2025
Recent changes
Change of role: Stijn MILLECAM, from statutory manager to director
Legal-form conversion: from general partnership to private limited company · General meeting of 27-03-2025 · Gazette deed
Transfer of 10 shares from Millecam Steve to Millecam Stijn
Resignation: Millecam Steve (manager) · Millecam Steve is a shareholder · General meeting of 01-02-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0769947101
Registered office moved from Keiem to Beerst
New registered office: Wijnendalestraat 59, 8600 Beerst, Vlaams Gewest · Previous registered office: De La Sernastraat 10 8600 Keiem · General meeting of 09-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| ST RENOVATIE Diksmuide | €76,564 | €17,627 | 43.8% | - |
| CINNAMON PROJECT Menen | €73,126 | €17,625 | 28.4% | - |
| Thomas Wenes Roeselare | €82,897 | €15,739 | 75.9% | - |
| IRON TECH Oostrozebeke | €72,549 | €20,559 | 56.6% | - |
| Belkos Houthalen-Helchteren | €80,571 | €17,309 | 97.9% | - |
| BAZIL CONSTRUCT BELGIUM Nivelles | €70,650 | €18,462 | 82.7% | - |
| ELSACO Merelbeke-Melle | €79,672 | €16,584 | 40.7% | - |
These companies have the same main activity as ST RENOVATIE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €70,700 and €82,900, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 22-06-2021Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.319.790.1378600 Diksmuide, since 20-07-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Insights on ST RENOVATIE
The computed 12-month bankruptcy probability of ST RENOVATIE is 1.7% (moderate). The 2025 annual accounts show equity of €33,513 and a net result of €1,899.
Its solvency ranks better than 55% of 2,802 sector peers (NACE 41, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ST RENOVATIE
- What is the company number of ST RENOVATIE?
- The company number of ST RENOVATIE is 0769.947.101. The VAT number is the same number with BE in front: BE 0769.947.101.
- Where is ST RENOVATIE based?
- The registered office is at Wijnendalestraat 59, 8600 Diksmuide.Company details
- What does ST RENOVATIE do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of ST RENOVATIE?
- ST RENOVATIE is a private limited company (BV).
- When was ST RENOVATIE founded?
- ST RENOVATIE was founded on 22-06-2021.
- Is ST RENOVATIE still active?
- Yes, ST RENOVATIE is an active enterprise in the KBO register.
- What is the turnover of ST RENOVATIE?
- The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €17,627 and 73 comparable companies (NACE 41001). It probably lies between €100,000 and €420,000. It is a rough estimate.Financials
- Is ST RENOVATIE profitable?
- In financial year 2025, ST RENOVATIE made a profit of €1,899.
- Where can I find the annual accounts of ST RENOVATIE?
- ST RENOVATIE filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
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