Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
GREAT RENOVATION from Sint-Lambrechts-Woluwe, company number BE0717972323, closed financial year 2024 with a result of € -104,295 after tax. For that financial year GREAT RENOVATION recorded a gross margin of € -99,495 and equity of € -54,732. Compared with financial year 2023, the result moved from € 11,993 to € -104,295. The company made a loss. 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 September 27, 2025.
€ -54,732
▼ € 104,295 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -104,295
▼ still € 11,993 profit in 2023
Profit after tax over the fiscal year.
€ 8,121
▲ € 7,965 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -60,932.
People and assets in 2024
€ 9,266
▲ 58% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 250
Loans from banks and other lenders, long and short.
€ 10,120
▼ 92% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,775
▼ 31% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 33,225 | € 21,888 | € 17,628 | € -99,495 | ▼ € 117,123 |
| Profit after taxes | € 21,552 | € 13,937 | € 11,993 | € -104,295 | ▼ € 116,288 |
| Equity | € 23,633 | € 37,570 | € 49,563 | € -54,732 | ▼ € 104,295 |
| Total debts | € 46,005 | € 130,472 | € 223,576 | € 144,141 | ▼ 36% |
| Cash | € 8,247 | € 3,182 | € 156 | € 8,121 | ▲ € 7,965 |
| Retained profit | € 17,433 | € 31,370 | € 43,363 | € -60,932 | ▼ € 104,295 |
| Bank debt | € 15,196 | € 4,200 | € 250 | € 250 | |
| Balance sheet total | € 69,638 | € 168,042 | € 273,138 | € 89,409 | ▼ 67% |
Key figures of GREAT RENOVATION, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to GREAT RENOVATION?
What happened at GREAT RENOVATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 104,295 (▼ € 116,288 vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Sint-Lambrechts-Woluwe. KBO
In short
From € 21,552 profit in 2021 to € 104,295 loss in 2024.
Paid € 8,684 in corporate taxes since 2021.
Best year ever: 2021, with € 21,552 profit.
Establishments
Establishment units
Physical locations of this company
Paul Hymanslaan 117 box 5
1200 Sint-Lambrechts-Woluwe
Paul Hymanslaan 115 box 28
1200 Sint-Lambrechts-Woluwe
Active since 11 January 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →ALFA SERVICE
TRADE AND MARKETING CONSULTANTS
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€ 69,597 gross margin · 2025
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€ 110,489 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- GUDEL Rafal(oprichter) 99%
- GUDEL Karina Iga(oprichter) 1%
Details
- Company number
- 0717.972.323
- VAT number
- BE 0717.972.323
- Registered office
- Paul Hymanslaan 117 bus 5, 1200 Sint-Lambrechts-Woluwe
- Names & denominations
- GREAT RENOVATION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2019
- Peppol
- Active · Active since 2 Jan 2026
- Activities · NACE
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden