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TS RENOVATIE

Active
Private limited companyfounded 2021active for 5 yearsOude Borgwormseweg 38, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0770.922.346
Summary

The computed 12-month bankruptcy probability of TS RENOVATIE is 4.9% (elevated). The 2025 annual accounts show negative equity (-€191,099) and a net result of -€38,495. Equity has been shrinking by about 28% per year since 2023. Its solvency ranks better than 5% of 9,396 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.

Overview

Official details

Source: KBO
Status
Active since 08-07-2021 Normal situation
Activity
General construction of residential buildings NACE 41001and 1 other
Establishment unit
2.319.275.245 3800 Sint-Truiden, since 08-07-2021
Financial year end
30 June
Peppol
Reachable since 03-10-2025

Board and ownership

Board
  • Tilkens StefanDirector

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.9%
Annual accounts to 30-06-2025
Gross margin
-€8,238
▲ 29.8%
Loss
€38,495
▼ 17.7%
Equity
-€191,099
▼ 25.2%
Total assets
€33,846
▼ 42.3%
  • Negative equity on 30-06-2025
Turnover not published (micro format)
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2021Liquidity: current ratio 0.01, cash €125, halvedlowers riskSize: total assets €33,846Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 7% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -564.6% of total assets
Liquidity 0-1
short-term debt 664.5% · cash 0.4%
Profitability 0=
return on assets -113.7%
Bankruptcy probability within 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 7.4%highest value 01-2025: 7.4%● unchanged vs 12-2024highest value 02-2025: 6.6%▼ -0.8 percentage points vs 01-2025 03-2025: 5.9%▼ -0.7 percentage points vs 02-2025 04-2025: 5.8%▼ -0.1 percentage points vs 03-2025 05-2025: 5.8%● unchanged vs 04-2025 06-2025: 5.8%● unchanged vs 05-2025 07-2025: 5.7%▼ -0.1 percentage points vs 06-2025 08-2025: 5.7%● unchanged vs 07-2025 09-2025: 5.5%▼ -0.2 percentage points vs 08-2025 10-2025: 5.4%▼ -0.1 percentage points vs 09-2025 11-2025: 5.6%▲ +0.2 percentage points vs 10-2025 12-2025: 5.7%▲ +0.1 percentage points vs 11-2025 01-2026: 5.9%▲ +0.2 percentage points vs 12-2025 02-2026: 5.8%▼ -0.1 percentage points vs 01-2026 03-2026: 5.8%● unchanged vs 02-2026 04-2026: 5.7%▼ -0.1 percentage points vs 03-2026 05-2026: 5.7%● unchanged vs 04-2026 06-2026: 5.6%▼ -0.1 percentage points vs 05-2026 07-2026: 5.3%▼ -0.3 percentage points vs 06-2026 08-2026: 5.2%▼ -0.1 percentage points vs 07-2026 09-2026: 5.0%▼ -0.2 percentage points vs 08-2026 10-2026: 4.9%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 4.9%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.01 (0.02 in 2024), below 1. Short-term debt is 664.5% and cash 0.4% of total assets. Equity is negative.
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 3% of them on solvency, 3% on liquidity, 5% on profitability and 17% on growth.

The bankruptcy probability was computed on 02-11-2026 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
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Founded in 2021
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 · Size: total assets €33,846
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 · Liquidity: current ratio 0.01, cash €125, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€191,099
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 30-01-2026, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 1 day before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 30 January (3 of the last 3 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 end03-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€191,099 View
  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€38,495 View
  • Caution: Lower solvency than 95% of companies in construction of buildingssector median 42.9% · 9,396 companies -564.6% View

Recent changes

  1. · Gazette deed Incorporation
All 4 events

Comparable companies

These companies have the same main activity as TS RENOVATIE: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €31,400 and €35,600, founded in 2021.

CompanyTotal assetsGross margin
TS RENOVATIE Sint-Truiden€33,846-€8,238
VANKERKOVEN ENTREPRISE Jurbise€32,794-€1,088
HESTYA Sint-Genesius-Rode€35,323€9
D.E.M. Zemst€33,829€966
ETS HUBERT PERE & FILS Overijse€35,596€115
VVD CONSTRUCT Aalst€33,216-€10,281
WOODLANDETHICS Ittre€31,356-€1,747
Full comparison

Key facts about TS RENOVATIE

What is the company number of TS RENOVATIE?
The company number of TS RENOVATIE is 0770.922.346. The VAT number is the same number with BE in front: BE 0770.922.346.
Where is TS RENOVATIE based?
The registered office is at Oude Borgwormseweg 38, 3800 Sint-Truiden.Company details
What does TS RENOVATIE do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of TS RENOVATIE?
The legal form of TS RENOVATIE is Private limited company (BV).
When was TS RENOVATIE founded?
TS RENOVATIE was founded on 08-07-2021.
Is TS RENOVATIE still active?
Yes, TS RENOVATIE is an active enterprise in the KBO register.
What is the turnover of TS RENOVATIE?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is TS RENOVATIE profitable?
In financial year 2025, TS RENOVATIE made a loss of €38,495.
Where can I find the annual accounts of TS RENOVATIE?
TS RENOVATIE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TS RENOVATIE due?
TS RENOVATIE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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