VP RENOVATION

Active

Private limited companyfounded 2023active for 3 yearsDr. J. Appelmanslaan 37, 1700 Dilbeek, BelgiumKBO/BCE: BE 1000.543.419

Summary

VP RENOVATION has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,902 and a net result of -€2,709. Its solvency ranks better than 65% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Risk analysisFollow Report Compare

VP RENOVATIONActiveChecked score 68/100

Risk analysis Report Compare

Activity

Other specialised construction activities

NACE 43990

1 site

Size

€44,627total assets 2025

Equity: €26,902
Loss: -€2,709

Turnover not published (micro format)

Financial health

68 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.8%

Structure

PETROSYAN VazgenDirector

2025 accounts 45 days early

Why 68raises riskFounded in 2023Size: total assets €44,627lowers riskLiquidity: current ratio 1.20, cash €17,103Equity €26,902 (60.3% of total assets)Show the evidence

Checked score

Score 2025

68 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 45% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 85-12

equity 60.3% of total assets

Liquidity 79-10

short-term debt 39.7% · cash 38.3%

Profitability 11-89

return on assets -6.1%

Bankruptcy probability, 12 months

0.8% Low

0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)

Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 2.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.4%▲ +0.1 percentage points vs 01-2025 03-2025: 2.7%▲ +0.3 percentage points vs 02-2025 04-2025: 2.7%● unchanged vs 03-2025 05-2025: 3.0%▲ +0.3 percentage points vs 04-2025 06-2025: 3.0%● unchanged vs 05-2025highest value 07-2025: 0.4%▼ -2.6 percentage points vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.3%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.4 percentage points vs 06-2026 08-2026: 0.8%● unchanged vs 07-2026 09-2026: 0.8%● unchanged vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity tight (current ratio 1.2, compared with 2.89 in 2024, below the usual 1.5; short-term debt: 39.7% and cash: 38.3% of total assets), and 39.7% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 66% on solvency, 77% on liquidity, 12% on profitability and 25% on growth.

The bankruptcy probability was computed on 25-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 1.20, cash €17,103

NBB · annual accounts

Founded in 2023

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Equity €26,902 (60.3% of total assets)

NBB · annual accounts

Size: total assets €44,627

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-06-2026, 45 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

45 days early

2024

45 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 45 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

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.

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since incorporation in 2023.

KBO publications · our coverage

16-06-2026 Annual accounts filedfinancial year 2025 · micro…
16-06-2025 Annual accounts filedfinancial year 2024 · micro…
04-10-2023 IncorporationAppointment: PETROSYAN Vazgen (director) ·…

Key points

Caution: Among the weakest 19% on net resultsector median €10,244 · 34,705 companies -€2,709 View
One director decidessole director in office 1 View
Total assets 20252 financial years filed €44,627 View

By topic

Financials

Financial year: 2025
Total assets: €44,627
Loss: -€2,709
Solvency: 60.3%

Total assets▲ 8.8%

Net result

20242025

Go to Financials

Board & ownership

Board: 1 member

PETROSYAN VazgenDirector

Go to Board & ownership

Timeline

Events: 3
Since: 2023
Next accounts: by 31-07-2027

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Other specialised construction activitiesNACE 43990
Founded: 30-09-2023
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 28

Annual meeting: Third Tuesday of June at 19:00
Purpose: “43.999 – Overige gespecialiseerde bouwwerkzaamheden; 43.110 – Slopen; 43.211 –…” (deed in Dutch)
Statutory auditor: No statutory auditor

Go to Articles of association

Key facts about VP RENOVATION

What is the company number of VP RENOVATION?: 1000.543.419. In Belgium the VAT number is the company number with BE in front: BE 1000.543.419.
Where is VP RENOVATION based?: The registered office is at Dr. J. Appelmanslaan 37, 1700 Dilbeek.Company details
What does VP RENOVATION do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of VP RENOVATION?: Private limited company (BV).
When was VP RENOVATION founded?: On 30-09-2023.
Is VP RENOVATION still active?: Yes, VP RENOVATION is an active enterprise in the KBO register.
What is the turnover of VP RENOVATION?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is VP RENOVATION profitable?: In financial year 2025, VP RENOVATION made a loss of €2,709.
Where can I find the annual accounts of VP RENOVATION?: VP RENOVATION filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VP RENOVATION due?: By 31-07-2027, for financial year 2026.Timeline