RENOVATION EXCELENT
ActiveThe computed 12-month bankruptcy probability of RENOVATION EXCELENT is 1.8% (moderate). The 2025 annual accounts show equity of €58k and a net result of €8k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 58% of 7331 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+4
Solvency76▼-24
Growth68=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 2.03 against 4.84 in 2024; short-term debt: 49% and cash: 29.3% of total assets), and 49% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51%
Return on assets
7.5%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-02-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
10 d late
2024
4 d late
2023
9 d late
2022
13 d late
2021
2 d late
2020
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€239k▲ 84.7%
2021 · €129k
2020: €121k
2021: €129k
2020 → 2022
EBIT margin
13.1%▲ 10.2pp
2021 · 2.8%
2020: 9.7%
2021: 2.8%
2020 → 2022
Net result
€8k▲ 247%
2024 · €2k
2020: €10k
2021: €3k
2022: €23k
2023: €5k
2024: €2k
2020 → 2025
Working capital
€57k▲ 18.7%
2024 · €48k
2020: €15k
2021: €20k
2022: €40k
2023: €46k
2024: €48k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€129k-€239k▲ 84.7%
Equity€19k-€42k▲ 123%€47k▲ 11.2%€49k▲ 5.2%€58k▲ 17.2%
Operating result€4k-€31k▲ 749%€7k▼ 77.7%€3k▼ 51.1%€11k▲ 227%
Net result€3k-€23k▲ 734%€5k▼ 79.8%€2k▼ 48.1%€8k▲ 247%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 227% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€404▼ 67.6%
Current assets
€113k▲ 85.4%
Equity and liabilities €114k
Equity
€58k▲ 17.2%
Debt
€56k▲ 332%
The debt ratio rises from 20.7% to 49.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €10k
Cash flow
€9k▲
2024 · €9k
Solvency
51.0%▼
2024 · 79.3%
Current ratio
2.03▼
2024 · 4.84
Quick ratio
2.03▼
2024 · 4.84
Debt / equity
0.96▲
2024 · 0.26
ROE
14.7%▲
2024 · 4.9%
ROA
7.5%▲
2024 · 3.9%
Interest coverage
135.14▲
2024 · 114.69
Debt
€56k▲
2024 · €13k
Debt ≤ 1 year
€56k▲
2024 · €13k
Income taxes
€3k▲
2024 · €875
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€62k€114k▲
Fixed assets21/28€1k€404▼
Tangible fixed assets22/27€1k€404▼
Furniture and vehicles24€1k€404▼
Current assets29/58€61k€113k▲
Amounts receivable within one year40/41€38k€80k▲
Trade receivables40€21k€66k▲
Other amounts receivable41€18k€13k▼
Cash at bank and in hand54/58€23k€33k▲
Equity and liabilities
Total equity and liabilities10/49€62k€114k▲
Equity10/15€49k€58k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€43k€52k▲
Amounts payable17/49€13k€56k▲
Amounts payable after more than one year17€264-
Financial debts170/4€264-
Amounts payable within one year42/48€13k€56k▲
Current portion of amounts payable after more than one year42€5k-
Financial debts43€36€36=
Credit institutions430/8€36€36=
Trade debts44€7k€53k▲
Suppliers440/4€2k€1k▼
Bills of exchange payable441€5k€52k▲
Taxes, remuneration and social security45€875€3k▲
Taxes450/3€875€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€844▼
Other operating charges640/8€893€780▼
Gross operating margin9900€11k€13k▲
Operating profit (loss)9901€3k€11k▲
Financial charges65/66B€84€89▲
Recurring financial charges65€84€89▲
Profit (loss) for the period before taxes9903€3k€11k▲
Income taxes67/77€875€3k▲
Profit (loss) for the period9904€2k€8k▲
Profit (loss) for the period to be appropriated9905€2k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€43k€52k▲
Profit (loss) brought forward from the previous period14P€41k€43k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 10 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
30-06
Financial
Weakest financial yearnet €2k ▼48.1%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
09-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
30-06
Financial
Liquidity doublescurrent ratio 5.23
Current ratio from 2.36 to 5.23; short-term debt falls from €30k to €11k.
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 13 days late
2022
30-06
Financial
Highest result since 2020net €23k ▲734%
Operating result €31k, net result €23k, both a record.
02-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Meise · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Merchtemsesteenweg 731861 MeiseGround area
544 m²
Building footprint
230 m²
Volume, LiDAR
1,382 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
RENOVATION EXCELENT
since 20202.300.139.620
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093F0308/00R000 | Flanders | 366 m² | 1 · 164 m² | 9.5 m · 2 fl. |
| 23093F0632/00M000 | Flanders | 178 m² | 1 · 66 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,808 companies in sector 41001 we hold annual accounts for 16,033. 13,159 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-03-2019
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.