H.J.CONSTRUCT
ActiveSummary
H.J.CONSTRUCT has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €664,693 and a net result of €11,678. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 3556 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
What they do
Other specialised construction activities
NACE 43990NACE 43999NACE 45250
1 site
How big
€900,852turnover 2024
- Equity
- €664,693
- Profit
- €11,678
Who decides
Accounts 62 d overdue0 of 2 deeds read
Why 59- Higher-failure-rate sector- Higher-failure-rate region- Filed more than 90 days late+ Long track record+ Annual accounts: healthy financial profileShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability58▼-9
Solvency100=
Growth53▼-15
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35,000 at 30 days only on tighter terms
Liquidity ample (current ratio 18.12 against 15.86 in 2023; short-term debt: 5.1% and cash: 2.7% of total assets), and 5.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.6%
Return on assets
1.7%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-11-2025, 122 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
122 d late
2023
92 d late
2022
92 d late
2021
31 d late
2020
31 d late
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 72 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
- Annual accounts filedfiscal year 2022 · full…
Financials
Fiscal year 2024Turnover €900,852Profit €11,678Solvency 94.6%Liquidity 18.12
Turnover
€900,852▼ 26.3%
2020 - 2024
Net result
€11,678▼ 75.3%
2018 - 2024
Equity
€664,693▲ 1.8%
2018 - 2024
Staff (FTE)
0.5
2022
Financials · fiscal year 2024, full schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€0.7m€0.9m▲ 22.4%€0.8m▼ 2.6%€1.2m▲ 44.8%€0.9m▼ 26.3%
Operating result€0.2m▲ 491%€0.1m▼ 56.2%€0.02m▼ 83.1%€0.07m▲ 268%€0.01m▼ 81.8%
Net result€0.2mabove the sector's middle half▲ 1,703%€0.08mabove the sector's middle half▼ 55.1%€0.01mwithin the sector's middle half▼ 82.3%€0.05mwithin the sector's middle half▲ 231%€0.01mwithin the sector's middle half▼ 75.3%
EBIT margin34.7%12.4%▼ 22.3pp2.2%▼ 10.3pp5.5%▲ 3.3pp1.4%▼ 4.1pp
Equity€0.5mabove the sector's middle half▲ 54.3%€0.6mabove the sector's middle half▲ 15.8%€0.6mwithin the sector's middle half▲ 2.4%€0.7mwithin the sector's middle half▲ 7.8%€0.7mwithin the sector's middle half▲ 1.8%
Total assets€0.6mabove the sector's middle half▲ 61.5%€0.6mabove the sector's middle half▼ 0.3%€0.7mwithin the sector's middle half▲ 1.2%€0.7mwithin the sector's middle half▲ 8.2%€0.7mwithin the sector's middle half▼ 0.5%
Debt€0.1m▲ 96.1%€0.05m▼ 60.4%€0.05m▼ 12.4%€0.05m▲ 12.9%€0.04m▼ 28.9%
Working capital€0.5mabove the sector's middle half▲ 71.1%€0.6mabove the sector's middle half▲ 20.7%€0.6mabove the sector's middle half▲ 0.3%€0.6mabove the sector's middle half▲ 7.9%€0.6mabove the sector's middle half▼ 0.3%
Solvency78.9%above the sector's middle half▼ 3.7pp91.6%above the sector's middle half▲ 12.7pp92.8%above the sector's middle half▲ 1.1pp92.4%above the sector's middle half▼ 0.3pp94.6%above the sector's middle half▲ 2.2pp
Current ratio4.42above the sector's middle half▼ 0.6411.42above the sector's middle half▲ 7.0012.93above the sector's middle half▲ 1.5115.86above the sector's middle half▲ 2.9318.12above the sector's middle half▲ 2.26
Return on assets (ROA)27.8%above the sector's middle half▲ 25.3pp12.5%within the sector's middle half▼ 15.3pp2.2%within the sector's middle half▼ 10.3pp6.7%within the sector's middle half▲ 4.5pp1.7%within the sector's middle half▼ 5.0pp
Staff (FTE)0.5below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 82% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €702,703
Fixed assets
€59,694 ▲ 7.0%
Current assets
€643,009 ▼ 1.2%
Equity and liabilities €702,703
Equity
€664,693 ▲ 1.8%
Debt
€38,009 ▼ 28.9%
Debt's share of the balance-sheet total falls from 7.6% to 5.4%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€28,264▼
2023 · €79,008
Cash flow
€27,732▼
2023 · €59,216
Debt to equity
0.06▼
2023 · 0.08
ROE
1.8%▼
2023 · 7.2%
Interest coverage
19.05▼
2023 · 24.01
Debt ≤ 1 year
€35,492▼
2023 · €41,034
Debt > 1 year
€2,517▼
2023 · €12,400
Income taxes
€3,458▼
2023 · €19,114
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,048 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 96% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.4%
went bankrupt
3.6%
stopped otherwise
96%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0.7m | €0.9m | €0.8m | €1.2m | €0.9m | ▼ 26.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €0.7m | €0.8m | €1.2m | €0.9m | ▼ 24.5% |
| Remuneration, social security and pensions62 | - | - | €0.02m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.005m | €0.01m | €0.02m | ▲ 34.2% |
| Other operating charges640/8 | - | €0.002m | €0.002m | €0.001m | €0.004m | ▲ 171% |
| Gross operating margin9900 | €0.3m | €0.1m | €0.04m | €0.08m | €0.03m | ▼ 60.0% |
| Operating profit (loss)9901 | €0.2m | €0.1m | €0.02m | €0.07m | €0.01m | ▼ 81.8% |
| Financial income75/76B | - | €0.003m | €0.001m | €0.003m | €0.004m | ▲ 68.8% |
| Recurring financial income75 | - | €0.002m | €0.001m | €0.003m | €0.004m | ▲ 68.8% |
| Non-recurring financial income76B | - | €0.001m | - | - | - | - |
| Financial charges65/66B | - | €159 | €0.001m | €0.003m | €0.001m | ▼ 54.9% |
| Recurring financial charges65 | €124 | €159 | €0.001m | €0.003m | €0.001m | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.1m | €0.02m | €0.07m | €0.02m | ▼ 77.2% |
| Income taxes67/77 | €0.07m | €0.03m | €0.005m | €0.02m | €0.003m | ▼ 81.9% |
| Profit (loss) for the period9904 | €0.2m | €0.08m | €0.01m | €0.05m | €0.01m | ▼ 75.3% |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.08m | €0.01m | €0.05m | €0.01m | ▼ 75.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €647,331 | €645,507 | €653,106 | €706,449 | €702,703 | ▼ 0.5% |
| Fixed assets21/28 | €44,545 | €28,653 | €40,976 | €55,783 | €59,694 | ▲ 7.0% |
| Tangible fixed assets22/27 | €40,695 | €28,403 | €40,363 | €55,533 | €59,444 | ▲ 7.0% |
| Land and buildings22 | - | €20,274 | €19,530 | €18,786 | €18,042 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | €604 | - | - | €7,006 | - |
| Furniture and vehicles24 | - | €7,526 | €20,833 | €36,747 | €34,396 | ▼ 6.4% |
| Financial fixed assets28 | €3,850 | €250 | €613 | €250 | €250 | = |
| Current assets29/58 | €602,786 | €616,854 | €612,129 | €650,666 | €643,009 | ▼ 1.2% |
| Amounts receivable within one year40/41 | €265,975 | €509,011 | €537,289 | €525,843 | €532,970 | ▲ 1.4% |
| Trade receivables40 | - | €173,695 | €167,265 | €93,278 | €153,767 | ▲ 64.8% |
| Other amounts receivable41 | - | €335,316 | €370,024 | €432,565 | €379,203 | ▼ 12.3% |
| Current investments50/53 | - | €24,371 | €54,929 | €83,401 | €91,308 | ▲ 9.5% |
| Cash at bank and in hand54/58 | €336,811 | €83,472 | €19,911 | €41,422 | €18,731 | ▼ 54.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €647,331 | €645,507 | €653,106 | €706,449 | €702,703 | ▼ 0.5% |
| Equity10/15 | €510,882 | €591,483 | €605,760 | €653,016 | €664,693 | ▲ 1.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €39,110 | €39,110 | €39,110 | €39,110 | €39,110 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €37,250 | €37,250 | €37,250 | €37,250 | = |
| Profit (loss) carried forward14 | €465,572 | €546,173 | €560,450 | €607,706 | €619,383 | ▲ 1.9% |
| Amounts payable17/49 | €136,449 | €54,024 | €47,346 | €53,434 | €38,009 | ▼ 28.9% |
| Amounts payable after more than one year17 | - | - | - | €12,400 | €2,517 | ▼ 79.7% |
| Financial debts170/4 | - | - | - | €12,400 | €2,517 | ▼ 79.7% |
| Amounts payable within one year42/48 | €136,449 | €54,024 | €47,346 | €41,034 | €35,492 | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,378 | €9,883 | ▼ 4.8% |
| Trade debts44 | €30,258 | €20,528 | €10,620 | €3,529 | - | - |
| Suppliers440/4 | - | €20,528 | €10,620 | €3,529 | - | - |
| Taxes, remuneration and social security45 | - | €31,603 | €36,725 | €17,752 | €21,134 | ▲ 19.1% |
| Taxes450/3 | - | €28,978 | €33,225 | €17,752 | €21,134 | ▲ 19.1% |
| Remuneration and social security454/9 | - | €2,625 | €3,500 | - | - | - |
| Other amounts payable47/48 | - | €1,893 | - | €9,375 | €4,475 | ▼ 52.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €179,685 | €80,601 | €14,277 | €47,256 | €11,678 | ▼ 75.3% |
| + Depreciation and write-downs630 | €18,775 | €19,088 | €4,615 | €11,960 | €16,054 | ▲ 34.2% |
| Operating cash flow (approximation) | €198,460 | €99,689 | €18,892 | €59,216 | €27,732 | ▼ 53.2% |
| Investment in fixed assets (approximation) | - | -€3,196 | -€16,938 | -€26,768 | -€19,965 | ▲ 25.4% |
| Change in cash | - | -€253,340 | -€63,561 | €21,511 | -€22,692 | ▼ 205% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 15,518 companies in this sector we hold annual accounts for 7,427. 4,029 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
14 eventsLatest 30-11-2025
History
Acts, filings and financial milestones
2025
30-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 122 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 92 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 92 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 11.42
Current ratio from 4.42 to 11.42; short-term debt falls from €136,449 to €54,024.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €179,685 ▲1,703%
Operating result €245,944, net result €179,685, both a record.
31-12
Financial
Equity above €500,000Eq €510,882 ▲54.3%
3 profitable years in a row build equity to €510,882.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Weakest financial yearnet €9,965 ▼82.6%
Net result drops to €9,965, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company (pre-2019) · founded 21-06-2007Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890238680
Also
9925:BE0890238680
Registered
08-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2007
Ground area
141 m²
Building footprint
83 m²
Volume, LiDAR
1,214 m³
Parcel 21806F0073/00B005, Brussels · tallest building 19.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
H.J. Construct
since 2007unit no. 2.163.437.718
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0073/00B005 | Brussels | 141 m² | 1 · 83 m² | 19.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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