West Renova
ActiveSummary
West Renova has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€89,041) and a net result of -€10,225. Equity has been shrinking by about 71% per year since 2022. Its solvency ranks better than 9% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Overview
Official details
Source: KBO- Status
- Active since 10-09-2021 Normal situation
- Activity
- Buying and selling of own real estate NACE 68110and 3 others
- Establishment unit
- 2.322.619.270 8958 Heuvelland, since 10-09-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- De Jonckheere RafDirector · since 09-09-2021
- VITAVER50%25-11-2022 annual accounts of VITAVER
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.3%
- Gross margin
- -€7,706
- ▼ 111%
- Loss
- €10,225
- ▼ 84.7%
- Equity
- -€89,041
- ▼ 13.0%
- Total assets
- €344,625
- ▼ 26.5%
- Negative equity on 31-12-2025
- 2025 accounts filed 32 days after the deadline
Score breakdownraises riskCapped at 59: negative equityLiquidity: current ratio 3.48, cash €779, halvedLast filed accounts filed 32 days late; 1 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Size: total assets €344,625Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 5% of them on solvency, 31% on liquidity, 26% on profitability and 26% 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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Signals
The company filed its last 4 accounts on average 12 days before 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 (2)
Key points
- Risk: Negative equitydebts exceed assets in financial year 2025 -€89,041 View
- Risk: 4 loss-making years in a rowloss in financial year 2025 -€10,225 View
- Caution: Less equity than 92% of companies in real estatesector median €73,313 · 17,134 companies -€89,041 View
- Positive: Result rose in 2025from -€66,646 to -€10,225 ▲ 84.7% View
Comparable companies
These companies have the same main activity as West Renova: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €334,000 and €363,000, founded in 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| West Renova Heuvelland | €344,625 | -€7,706 |
| FRENIC Veurne | €333,929 | -€4,455 |
| Bruges Estate Brugge | €333,981 | -€33,322 |
| Thuismakers Vastgoed Wijnegem | €349,934 | -€69,689 |
| Pervic Sint-Martens-Latem | €348,573 | -€2,404 |
| MRS Projects Eeklo | €359,505 | -€422 |
| BESD INVEST Bierbeek | €362,812 | -€15,208 |
Key facts about West Renova
- What is the company number of West Renova?
- The company number of West Renova is 0773.729.408. The VAT number is the same number with BE in front: BE 0773.729.408.
- Where is West Renova based?
- The registered office is at Dikkebusstraat(Lok) 125, 8958 Heuvelland.Company details
- What does West Renova do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of West Renova?
- The legal form of West Renova is Private limited company (BV).
- When was West Renova founded?
- West Renova was founded on 10-09-2021.
- Is West Renova still active?
- Yes, West Renova is an active enterprise in the KBO register.
- What is the turnover of West Renova?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is West Renova profitable?
- In financial year 2025, West Renova made a loss of €10,225.
- Where can I find the annual accounts of West Renova?
- West Renova filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of West Renova due?
- West Renova must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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