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VIRGIL RENOVATION

Active
Private limited company (pre-2019)founded 2003active for 23 yearsHalvemaanstraat 60, 1190 Vorst, BelgiumKBO/BCE: BE 0480.244.129
Summary

VIRGIL RENOVATION has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €147,672 and a net result of €4,048. Equity has been growing by about 4.1% per year since 2018. Its solvency ranks better than 65% of 9,394 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 19-05-2003 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.131.802.553 1190 Vorst, since 04-06-2003
Financial year end
31 December
Peppol
Reachable since 05-01-2026

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€21,846
▲ 9.0%
Turnover
≈ €260,000
estimated
Profit
€4,048
▲ 4.1%
Equity
€147,672
▲ 2.8%
Total assets
€259,028
▼ 5.1%
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 31 days late; 1 of the last 3 accounts lateSize: total assets €259,028lowers riskFounded in 2003Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 46% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Strong
Solvency 82+4
equity 57.0% of total assets
Liquidity 45+6
short-term debt 40.3% · cash 11.5%
Profitability 58+5
return on assets 1.6%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.3%▼ -0.1 percentage points vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.0%▲ +0.5 percentage points vs 07-2025 09-2025: 2.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 1.0%▼ -1.2 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 0.6%▼ -0.8 percentage points vs 08-2026lowest value 10-2026: 0.6%● unchanged vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (2.2 in 2024), above the usual 1.5. Short-term debt is 40.3% and cash 11.5% of total assets. 43% 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 41, micro). It does better than 66% of them on solvency, 44% on liquidity, 32% on profitability and 42% on growth.

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 · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €259,028
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 · 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 · 10 filings
Deviation from the deadline
2025
31 days late
2024
30 days late
2023
29 days late
2022
39 days late
2021
53 days late
2020
116 days late
2019
123 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 60 days after 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 next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 81% of companies in construction of buildingssector median €45,646 · 9,397 companies €147,672 View
  • Positive: 8 profitable years in a rowprofit 2025: €4,048 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as VIRGIL RENOVATION: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €275,000 and €304,000, founded between 2000 and 2007.

CompanyTotal assetsGross margin
VIRGIL RENOVATION Vorst€259,028€21,846
AS BUILT PROJECT Sint-Jans-Molenbeek€303,645€26,267
TOMPIE Zoersel€283,505€21,792
DEBRABOUW Haaltert€291,065€19,760
Algemene Bouwonderneming BACOBO Opwijk€284,902€23,526
DE KEYSER DIMITRI Aalter€304,156€19,251
mepp Turnhout€274,602€24,044
Full comparison

Key facts about VIRGIL RENOVATION

What is the company number of VIRGIL RENOVATION?
The company number of VIRGIL RENOVATION is 0480.244.129. The VAT number is the same number with BE in front: BE 0480.244.129.
Where is VIRGIL RENOVATION based?
The registered office is at Halvemaanstraat 60, 1190 Vorst.Company details
What does VIRGIL RENOVATION do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of VIRGIL RENOVATION?
The legal form of VIRGIL RENOVATION is Private limited company (pre-2019) (BVBA).
When was VIRGIL RENOVATION founded?
VIRGIL RENOVATION was founded on 19-05-2003.
Is VIRGIL RENOVATION still active?
Yes, VIRGIL RENOVATION is an active enterprise in the KBO register.
What is the turnover of VIRGIL RENOVATION?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €21,846 and 266 comparable companies (NACE 41001). It probably lies between €140,000 and €480,000. It is a rough estimate. In financial year 2022 turnover was €531,304.Financials
Is VIRGIL RENOVATION profitable?
In financial year 2025, VIRGIL RENOVATION made a profit of €4,048.
Where can I find the annual accounts of VIRGIL RENOVATION?
VIRGIL RENOVATION filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VIRGIL RENOVATION due?
VIRGIL RENOVATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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