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RENOWAND

Active
Private limited companyfounded 2023active for 3 yearsIndustrieweg 12, 3720 Hasselt, BelgiumKBO/BCE: BE 0800.925.733
Summary

The computed 12-month bankruptcy probability of RENOWAND is 10.6% (high). The 2025 annual accounts show negative equity (-€43,508) and a net result of -€44,040. Equity is shrinking by about 217% per year across the filed financial years. Its solvency ranks better than 5% of 9,316 sector peers (NACE 41, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€5,421total assets 2025
Equity
-€43,508
Loss
-€44,040
Turnover not published (micro format)
Financial health
28 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.6%
Structure
Largest shareholder
Mavajo · 25%
  • JMB Holding B.V.Daily manager · permanent representative Berkers Jels
  • MavajoDaily manager · permanent representative Joris Vanaenrode
2025 accounts on time
Why 28raises risk2 changes of registered office in 24 monthsSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2023lowers riskSize: total assets €5,421Show the evidence

Checked score

Score 2025
28 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Weak
Solvency 0-26
equity -802.7% of total assets
Liquidity 10-40
short-term debt 902.7% · cash 8.0%
Profitability 0=
return on assets -812.5%
Bankruptcy probability, 12 months
10.6% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,437 companies, NACE 41, micro)
Last 24 months 11-2024: 1.7%lowest value 12-2024: 2.4%▲ +0.7 percentage points vs 11-2024 01-2025: 2.4%● unchanged vs 12-2024 02-2025: 2.3%▼ -0.1 percentage points vs 01-2025 03-2025: 2.3%● unchanged vs 02-2025 04-2025: 2.8%▲ +0.5 percentage points vs 03-2025 05-2025: 3.4%▲ +0.6 percentage points vs 04-2025 06-2025: 3.4%● unchanged vs 05-2025 07-2025: 3.9%▲ +0.5 percentage points vs 06-2025 08-2025: 3.9%● unchanged vs 07-2025 09-2025: 3.9%● unchanged vs 08-2025 10-2025: 3.9%● unchanged vs 09-2025 11-2025: 3.9%● unchanged vs 10-2025 12-2025: 3.9%● unchanged vs 11-2025 01-2026: 3.8%▼ -0.1 percentage points vs 12-2025 02-2026: 3.8%● unchanged vs 01-2026 03-2026: 3.9%▲ +0.1 percentage points vs 02-2026 04-2026: 4.5%▲ +0.6 percentage points vs 03-2026 05-2026: 5.1%▲ +0.6 percentage points vs 04-2026 06-2026: 5.0%▼ -0.1 percentage points vs 05-2026 07-2026: 5.3%▲ +0.3 percentage points vs 06-2026 08-2026: 5.3%● unchanged vs 07-2026 09-2026: 5.3%● unchanged vs 08-2026 10-2026: 10.6%▲ +5.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.02, compared with 1.01 in 2024, below 1; short-term debt: 902.7% and cash: 8% of total assets), and equity is negative.
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 41, micro): better than 3% on solvency, 9% on liquidity, 5% on profitability and 1% on growth.

The bankruptcy probability was computed on 26-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 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
lowers risk · Size: total assets €5,421
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€43,508
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
34 days early
2023
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 22 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · 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. The company usually files around 29 June (3 of the last 3 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Permanent representative: Joris VanaenrodeRegistered-office move
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Resignation: M.J.De Vos Holding B.V. (director)Permanent representatives: Martijn Jordy de…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€43,508 View
  • Caution: Among the weakest 5% on solvencysector median 43.0% · 9,316 companies -802.7% View
  • Board changedlatest change 01-01-2026 · 2 in office 2 joined · 1 left View
  • Caution: 2 loss-making years in a rowloss financial year 2025 -€44,040 View

By topic

Financials

Financial year
2025
Total assets
€5,421
Loss
-€44,040
Solvency
-802.7%
Total assets▼ 89.4%
Net result
20232025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
Mavajo · 25%
  • JMB Holding B.V.Daily manager
  • MavajoDaily manager
Go to Board & ownership

Timeline

Events
10
Since
2023
Next accounts
by 31-07-2027
  1. 17-06-2026Appointments: JMB Holding B.V. (director) and Mavajo…
  2. 31-12-2025Weakest financial year
  3. 05-09-2025Resignation: Mavajo BV (director)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
19-04-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Annual meeting
Last Friday of June at 20:00
Purpose
“Alle aannemingen(deels en totaal)van nieuwbouw,renovatie,restauratie,projectontwikkeling,i…” (deed in Dutch)
Go to Articles of association

Key facts about RENOWAND

What is the company number of RENOWAND?
0800.925.733. In Belgium the VAT number is the company number with BE in front: BE 0800.925.733.
Where is RENOWAND based?
The registered office is at Industrieweg 12, 3720 Hasselt.Company details
What does RENOWAND do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of RENOWAND?
Private limited company (BV).
When was RENOWAND founded?
On 19-04-2023.
Is RENOWAND still active?
Yes, RENOWAND is an active enterprise in the KBO register.
What is the turnover of RENOWAND?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is RENOWAND profitable?
In financial year 2025, RENOWAND made a loss of €44,040.
Where can I find the annual accounts of RENOWAND?
RENOWAND filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of RENOWAND due?
By 31-07-2027, for financial year 2026.Timeline

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