Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of Renov8 is 1.0% (low). The 2026 annual accounts show negative equity (€-4.53M) and a net result of €-288k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 31 sector peers (fiscal year 2026). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneStatistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceSignals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2026| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -503199.1% | 68.3% | |
| Net result | €-288k | €44k | |
| Equity | €-4.53M | €88k | |
| Gross operating margin | €-5k | €56k | |
| Total assets | €899 | €140k |
| Fiscal year | 2026 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-288k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €899 |
| Equity | €-4.53M |
| Debt | €4.51M |
| of which ≤ 1y | €1.42M |
| of which > 1y | €3.09M |
| Working capital | €-1.42M |
| Employees (FTE) | - |
| 2026 | |
|---|---|
| Current ratio | 0.00 |
| Quick ratio | 0.00 |
| Working capital ratio | -157345.5% |
| Solvency | -503199.1% |
| Debt / equity | -1.00 |
| Long-term debt ratio | -0.68 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -32019.8% |
| ROE | 6.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2026 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €899 |
| Fixed assets | 21/28 | €2 |
| Financial fixed assets | 28 | €2 |
| Current assets | 29/58 | €897 |
| Amounts receivable within one year | 40/41 | €897 |
| Cash & bank | 54/58 | €0 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €899 |
| Equity | 10/15 | €-4.53M |
| Contributions / capital | 10/11 | €1.17M |
| Reserves | 13 | €1.48M |
| Accumulated profits (losses) | 14 | €-7.17M |
| Provisions & deferred taxes | 16 | €15k |
| Amounts payable | 17/49 | €4.51M |
| Amounts payable after one year | 17 | €3.09M |
| Amounts payable within one year | 42/48 | €1.42M |
| Income statement | ||
| Gross operating margin | 9900 | €-5k |
| Operating result | 9901 | €-275k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-288k |
| Net result for the period | 9904 | €-288k |
| Result to be appropriated | 9905 | €-288k |
Health barometer
FY 2026 · computedUnlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Directors
Directors & mandates
7 directors-
Current27-01-2026 → present
-
Current09-07-2021 → present
Former directors (5)
-
GISA INVESTLegal entityDirector· perm. rep.: LIPPENS GinoState Gazette act 26022690 (13-02-2026)Former- → 27-01-2026
-
Former24-01-2025 → 27-01-2026
2 events
- 27-01-2026 Resigned· Director
- 24-01-2025 Appointed· Director
-
Former30-10-2023 → 21-01-2025
2 events
- 21-01-2025 Resigned· Director
- 30-10-2023 Appointed· Director
-
Former09-07-2021 → 30-10-2023
3 events
- 30-10-2023 Resigned· Managing director
- 09-07-2021 Appointed· Director
- 09-07-2021 Appointed· Managing director
-
Former- → 08-06-2023
Insolvency mandates
Legal Structure
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 18-06-2021 |
| Status | Active |
| Postal code | 8650 |
Structure & network
Connections & network
7 connected companiesLocations & real estate
Establishment units
1 locationReal-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32009B0156/00Y000 | Flanders | 771 m² | 1 · 47 m² | - |
Publications
Lifecycle & Insolvency Signals
Belgisch Staatsblad · acts
10 acts13-02-2026 1 director appointed, 2 resigning
- VREBOS Jens, Vereffenaar
- MERSY Sandy, Bestuurder
- LIPPENS Gino, Bestuurder
13-05-2025 Articles of association amended
31-03-2025 Sandy Mersy appointed as director
29-01-2025 Wouter TORNEY resigns as director
31-01-2024 1 director appointed, 1 resigning
- Wouter Torney, Bestuurder
- Joachim Depuydt, Gedelegeerd bestuurder
11-07-2023 Piet Van Waes resigns as director
20-04-2023 Capital increase of €100,000
25-01-2023 Registered office moved from Sint-Denijs-Westrem to Kortrijk
- Schoonzichtstraat 23E, 9051 Sint-Denijs-Westrem → Engelse Wandeling 2F4, 8500 Kortrijk
19-08-2021 3 directors appointed
- Gino Lippens, Bestuurder
- Joachim Depuydt, Bestuurder
- Joachim Depuydt, Gedelegeerd bestuurder
22-06-2021 Incorporation of a new BV
Analysis
Snowflake analysis
financial profile on 5 axesFragile profile, watch health in particular.
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Credit advice
verdict per customer and amountSimilar
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Same sector, nearest firstCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameNL | Renov8 |