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V.V.L. RENOVATION

Active
Private limited companyfounded 2021active for 5 yearsFabriekstraat 2, 1601 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0766.291.783
Summary

The computed 12-month bankruptcy probability of V.V.L. RENOVATION is 5.1% (elevated). The 2024 annual accounts show equity of €40,979 and a net result of €31,500. Equity has been growing by about 54% per year since 2021. Its solvency ranks better than 53% of 19,156 sector peers (NACE 68, financial year 2024). 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 02-04-2021 Normal situation
Registered office
57 active companies are registered at this address 8 started in the 12 months before. Source: KBO register, as of 4 November 2026.
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.315.603.301 since 02-04-2021
Financial year end
31 December
Peppol
Reachable since 19-12-2025

Board and ownership

Last known board
Shareholders
  • LUCHIAN VASILEact of 03-11-2026

Financial position

40 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.1%
Annual accounts 2024
Gross margin
€54,970
▲ 8.5%
Turnover
≈ €140,000
estimated
Profit
€31,500
▼ 12.3%
Equity
€40,979
▲ 49.1%
Total assets
€118,071
▼ 20.6%
  • 2025 accounts not filed, 96 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 19-09-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 49 days late; 3 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
40 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 63% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Strong
Solvency 60+17
equity 34.7% of total assets
Liquidity 25-3
short-term debt 53.2% · cash 1.5%
Profitability 100+1
return on assets 26.7%
Bankruptcy probability within 12 months
5.1% Elevated
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 2.6% 01-2025: 3.9%▲ +1.3 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 4.1%▲ +0.2 percentage points vs 02-2025 04-2025: 3.7%▼ -0.4 percentage points vs 03-2025 05-2025: 3.7%● unchanged vs 04-2025 06-2025: 3.6%▼ -0.1 percentage points vs 05-2025 07-2025: 3.6%● unchanged vs 06-2025 08-2025: 5.1%▲ +1.5 percentage points vs 07-2025 09-2025: 5.1%● unchanged vs 08-2025 10-2025: 1.1%▼ -4.0 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 1.7%▲ +0.7 percentage points vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.8%▲ +0.1 percentage points vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 2.5%▲ +0.6 percentage points vs 07-2026 09-2026: 3.2%▲ +0.7 percentage points vs 08-2026 10-2026: 5.1%▲ +1.9 percentage points vs 09-2026highest value 11-2026: 5.1%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.38 (1.06 in 2023), below the usual 1.5. Short-term debt is 53.2% and cash 1.5% of total assets. 65.3% 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 68, micro). It does better than 53% of them on solvency, 19% on liquidity, 95% on profitability and 86% on growth.

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.

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 risk
raises risk · Figures for financial year 2024 (filed on 19-09-2025)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 49 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 96 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline04-11-2026 today
raises risk · 2024 accounts filed 49 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 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 · 4 filings
Deviation from the deadline
2025
not filed
2024
49 days late
2023
400 days late
2022
53 days late
2021
18 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 121 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • A director leftlatest change 30-09-2026 · 0 in office 1 left View

Recent changes

  1. · Gazette deed Transfer of 45 shares from LUKIYAN VASILI to LUCHIAN VASILEResignation: LUKIYAN VASILI (director) · Director discharge: LUKIYAN VASILI
  2. · Gazette deed Registered office moved to Sint-Pieters-LeeuwNew seat: FABRIEKSTRAAT 2, 1601 SINT-PIETERS-LEEUW · Previous seat: Esdoornenlaan 71, Overijse
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as V.V.L. RENOVATION: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €93,200 and €144,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
V.V.L. RENOVATION Sint-Pieters-Leeuw€118,071€54,970
A&F INVEST Haacht€118,908€62,579
BSS TECHNICS Machelen (Brab.)€131,697€62,878
Pro.Ren Kortenberg€143,569€55,525
Grigor' s art Kortenberg€135,696€68,252
SIRI KALTER Overijse€93,209€65,691
Ayden Ardooie€115,990€57,946
Full comparison

Key facts about V.V.L. RENOVATION

What is the company number of V.V.L. RENOVATION?
The company number of V.V.L. RENOVATION is 0766.291.783. The VAT number is the same number with BE in front: BE 0766.291.783.
Where is V.V.L. RENOVATION based?
The registered office is at Fabriekstraat 2, 1601 Sint-Pieters-Leeuw.Company details
What does V.V.L. RENOVATION do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of V.V.L. RENOVATION?
The legal form of V.V.L. RENOVATION is Private limited company (BV).
When was V.V.L. RENOVATION founded?
V.V.L. RENOVATION was founded on 02-04-2021.
Is V.V.L. RENOVATION still active?
Yes, V.V.L. RENOVATION is an active enterprise in the KBO register.
What is the turnover of V.V.L. RENOVATION?
The turnover in financial year 2024 is ≈ €140,000. This figure is estimated from the gross margin of €54,970 and 48 comparable companies (NACE 681). It probably lies between €74,000 and €280,000.Financials
Is V.V.L. RENOVATION profitable?
In financial year 2024, V.V.L. RENOVATION made a profit of €31,500.
Where can I find the annual accounts of V.V.L. RENOVATION?
V.V.L. RENOVATION filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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