RENOVE CONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of RENOVE CONCEPT is 2.3% (moderate). The 2025 annual accounts show equity of €782,005 and a net result of €105,437. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 76% of 9,394 sector peers (NACE 41, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 17-02-2014 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.226.804.155 4800 Verviers, since 19-02-2014
- Financial year end
- 31 December
- Peppol
- Reachable
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.3%
- Gross margin
- €550,359
- ▲ 11.0%
- Turnover
- ≈ €1.2m
- estimated
- Profit
- €105,437
- ▼ 25.6%
- Equity
- €782,005
- ▲ 15.6%
- Total assets
- €1.2m
- ▲ 46.7%
- Employees on 31-12-2025
- 7
- ▼ 12.5%
- 2025 accounts filed 48 days after the deadline
Score breakdownraises riskLiquidity: current ratio 3.35Last filed accounts filed 48 days late; 3 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)lowers riskFounded in 2014Show the evidence
Checked score
About 2 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 41, micro). It does better than 76% of them on solvency, 81% on liquidity, 61% on profitability and 60% on growth.
The bankruptcy probability was computed on 02-11-2026 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 7 accounts on average 49 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)
Key points
Recent changes
- · Gazette deed Reappointment: Selcuk SAY (director)Permanent representative: Selcuk SAY
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as RENOVE CONCEPT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €940,000 and €1.2m, founded between 2012 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| RENOVE CONCEPT Verviers | €1.2m | €0.6m |
| About de Bois - ABventil Verviers | €0.9m | €0.6m |
| P.M.Terrassement Waremme | €1.1m | €0.5m |
| GEERS-TAQUET Baelen | €1.1m | €0.4m |
| BELTECHNIC Anderlecht | €1.1m | €0.6m |
| Aannemingen Versluys Aalter | €1.2m | €0.5m |
| GROEP CLAES LUC Beringen | €1.2m | €0.6m |
Key facts about RENOVE CONCEPT
- What is the company number of RENOVE CONCEPT?
- The company number of RENOVE CONCEPT is 0546.611.331. The VAT number is the same number with BE in front: BE 0546.611.331.
- Where is RENOVE CONCEPT based?
- The registered office is at Rue des Ormes 107, 4800 Verviers.Company details
- What does RENOVE CONCEPT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of RENOVE CONCEPT?
- The legal form of RENOVE CONCEPT is Private limited company (BV).
- When was RENOVE CONCEPT founded?
- RENOVE CONCEPT was founded on 17-02-2014.
- Is RENOVE CONCEPT still active?
- Yes, RENOVE CONCEPT is an active enterprise in the KBO register.
- How many employees does RENOVE CONCEPT have?
- RENOVE CONCEPT had an average of 7.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of RENOVE CONCEPT?
- The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €550,359 and 55 comparable companies (NACE 41001). It probably lies between €990,000 and €2.0m.
- Is RENOVE CONCEPT profitable?
- In financial year 2025, RENOVE CONCEPT made a profit of €105,437.
- Where can I find the annual accounts of RENOVE CONCEPT?
- RENOVE CONCEPT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RENOVE CONCEPT due?
- RENOVE CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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