Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
H.C. RENOVATION from Etterbeek, company number BE0436871568, closed financial year 2025 with a result of € 6,296 after tax. For that financial year H.C. RENOVATION recorded a gross margin of € 10,901 and equity of € -58,710. Compared with financial year 2024, the result moved from € -40,940 to € 6,296. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ -58,710
▲ € 6,296 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,296
▲ still € 40,940 loss in 2024
Profit after tax over the fiscal year.
€ 21
▼ € 6,888 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -79,162.
People and assets in 2025
€ 10,022
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,646
▲ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,613
▼ 60% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,326 | € -6,178 | € -36,659 | € 10,901 | ▲ € 47,561 |
| Profit after taxes | € -769 | € -9,996 | € -40,940 | € 6,296 | ▲ € 47,236 |
| Equity | € -14,071 | € -24,067 | € -65,007 | € -58,710 | ▲ € 6,296 |
| Total debts | € 59,680 | € 102,880 | € 124,559 | € 105,821 | ▼ 15% |
| Cash | - | € 1,373 | € 6,909 | € 21 | ▼ € 6,888 |
| Retained profit | € -32,663 | € -44,518 | € -85,458 | € -79,162 | ▲ € 6,296 |
| Bank debt | € 926 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 45,609 | € 78,813 | € 59,553 | € 47,111 | ▼ 21% |
Key figures of H.C. RENOVATION, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to H.C. RENOVATION?
What happened at H.C. RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,296. filed late Source: NBB ↗
- Evangelos FTAKAS became a director. NBB
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
- Constantin HATZIYANNAKIDIS became a director. NBB
In short
From € 769 loss in 2022 to € 6,296 profit in 2025.
Paid € 218 in corporate taxes since 2022.
Best year ever: 2025, with € 6,296 profit.
A new publication or filing at H.C. RENOVATION? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind H.C. RENOVATION are Evangelos FTAKAS and Constantin HATZIYANNAKIDIS.
Directors
According to the 2025 annual accounts
Evangelos FTAKAS
Director
since 2023
Constantin HATZIYANNAKIDIS
Director
since 1981
Establishments
Establishment units
Physical locations of this company
Morgenlandstraat 125
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.871.568
- VAT number
- BE 0436.871.568
- Registered office
- Morgenlandstraat 125, 1040 Etterbeek
- Names & denominations
- H.C. RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 January 1989
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Overige bouwinstallatie
Algemene bouw van andere niet-residentiële gebouwen
Algemene bouw van residentiële gebouwen
Chapewerken
Overige bouwinstallatie, n.e.g.