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HK BUILD

Active
Private limited companyfounded 2017active for 9 yearsTerbekehofdreef 49C, 2610 Antwerpen, BelgiumKBO/BCE: BE 0675.870.660
Summary

The computed 12-month bankruptcy probability of HK BUILD is 2.7% (moderate). The annual accounts of HK BUILD for financial year 2026 show a net loss of 73% of the equity at the start of that year. The 2026 annual accounts show equity of €31,369 and a net result of -€86,260. Equity has been growing by about 10% per year since 2019. Its solvency ranks better than 14% of 99 sector peers (NACE 41, financial year 2026). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-05-2017 Normal situation
Activity
General construction of residential buildings NACE 41001
Establishment unit
2.268.347.572 2610 Antwerpen, since 01-06-2017
Financial year end
31 March
Peppol
Reachable since 02-01-2026

Board and ownership

Board

Financial position

49 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
2.7%
Annual accounts to 31-03-2026
Gross margin
-€79,967
▼ 23.8%
Loss
€86,260
▲ 29.3%
Equity
€31,369
▼ 73.3%
Total assets
€690,737
▼ 8.8%
Turnover not published (abbreviated or micro format)
Score breakdownraises riskLiquidity: current ratio 1.03, cash €4, halvedSector: Construction of residential and non-residential buildings (NACE 41)Loss of €86,260, the second in a row (financial year 2026)lowers riskSize: total assets €690,737Show the evidence

Checked score

Score 2026
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2025
Weak
Solvency 30-11
equity 4.5% of total assets
Liquidity 0-3
short-term debt 95.5% · cash 0.0%
Profitability 6-9
return on assets -12.5%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.6%▼ -0.2 percentage points vs 12-2024 02-2025: 1.5%▼ -0.1 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025lowest value 08-2025: 1.8%▲ +0.3 percentage points vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.9%▲ +0.1 percentage points vs 09-2025 11-2025: 3.8%▲ +1.9 percentage points vs 10-2025highest value 12-2025: 3.8%● unchanged vs 11-2025highest value 01-2026: 3.8%● unchanged vs 12-2025highest value 02-2026: 2.5%▼ -1.3 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.5%● unchanged vs 04-2026 06-2026: 2.5%● unchanged vs 05-2026 07-2026: 2.5%● unchanged vs 06-2026 08-2026: 2.5%● unchanged vs 07-2026 09-2026: 2.4%▼ -0.1 percentage points vs 08-2026 10-2026: 2.7%▲ +0.3 percentage points vs 09-2026 11-2026: 2.7%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.03 (1.17 in 2025), below the usual 1.5. Short-term debt is 95.5% and cash 0% of total assets. 95.5% of the assets are financed with debt and provisions.
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 15% of them on solvency, 1% on liquidity, 12% on profitability and 7% 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.03, cash €4, halved
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €690,737
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Loss of €86,260, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2025 and 2026); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2026
Net result per financial year
1920212223242526
2019 to 2026 · latest year -€86,260
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 99 sector peers (2026).
NBB · sector comparison
Position among 99 sector peers
Solvency
better than 14%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 03-09-2026, 58 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2026
58 days early
2025
3 days early
2024
8 days early
2023
53 days early
2022
53 days early
2021
16 days early
2020
18 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before 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)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 8 September (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in construction of buildingssector median €29,611 · 99 companies -€86,260 View
  • Caution: Equity fell in 2026from €117,629 to €31,369 ▼ 73.3% View
  • Caution: 2 loss-making years in a rowloss in financial year 2026 -€86,260 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 6 years View

Recent changes

  1. · Gazette deed Registered office moved within WilrijkResignation: POLAT Kenan (director) · Appointment: POLAT Kenan (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as HK BUILD: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €555,000 and €808,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
HK BUILD Antwerpen€690,737-€79,967
Vue Projects Hulshout€807,721-€36,829
BOUWEN EN WONEN Brasschaat€554,528-€3,959
ELECON PROJECTS Lochristi€678,365€374
FJF INVEST Berlare€699,663-€6,984
2B-SQUARE Nazareth-De Pinte€637,236-€3,266
ISOMOUSSE Yvoir€769,864-€607
Full comparison

Key facts about HK BUILD

What is the company number of HK BUILD?
The company number of HK BUILD is 0675.870.660. The VAT number is the same number with BE in front: BE 0675.870.660.
Where is HK BUILD based?
The registered office is at Terbekehofdreef 49C, 2610 Antwerpen.Company details
What does HK BUILD do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of HK BUILD?
The legal form of HK BUILD is Private limited company (BV).
When was HK BUILD founded?
HK BUILD was founded on 19-05-2017.
Is HK BUILD still active?
Yes, HK BUILD is an active enterprise in the KBO register.
What is the turnover of HK BUILD?
The annual accounts for financial year 2026 state no turnover. The abbreviated or micro format does not require it.Financials
Is HK BUILD profitable?
In financial year 2026, HK BUILD made a loss of €86,260.
Where can I find the annual accounts of HK BUILD?
HK BUILD filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of HK BUILD due?
HK BUILD must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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