HMD Construct
ActiveHMD Construct has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €185k and a net result of €18k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 84% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability78▲+38
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.57 against 2.75 in 2023; short-term debt: 24.8% and cash: 14.9% of total assets), and 24.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €185k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
44 d early
2022
70 d early
2021
16 d early
2020
26 d early
2019
51 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€18k▲ 502%
2023 · €3k
2018: €984
2019: €711
2020: €2k
2021: €2k
2022: €160
2023: €3k
2018 → 2024
Working capital
€158k▲ 12.6%
2023 · €140k
2018: €106k
2019: €110k
2020: €123k
2021: €132k
2022: €139k
2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€162k-€164k▲ 1.0%€164k▲ 0.1%€167k▲ 1.8%€185k▲ 10.8%
Operating result€5k-€7k▲ 54.1%€3k▼ 51.9%€8k▲ 136%€27k▲ 239%
Net result€2k-€2k▼ 34.0%€160▼ 89.8%€3k▲ 1,772%€18k▲ 502%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 239% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €246k
Fixed assets
€28k▲ 1.3%
Current assets
€219k▼ 0.6%
Equity and liabilities €246k
Equity
€185k▲ 10.8%
Debt
€61k▼ 23.6%
The debt ratio falls from 32.4% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▲
2023 · €9k
Cash flow
€18k▲
2023 · €4k
Solvency
75.2%▲
2023 · 67.6%
Current ratio
3.57▲
2023 · 2.75
Quick ratio
3.57▲
2023 · 2.25
Debt / equity
0.33▼
2023 · 0.48
ROE
9.7%▲
2023 · 1.8%
ROA
7.3%▲
2023 · 1.2%
Interest coverage
15.41▲
2023 · 2.31
Debt
€61k▼
2023 · €80k
Debt ≤ 1 year
€61k▼
2023 · €80k
Income taxes
€8k▲
2023 · €1k
Staff costs
€442k▲
2023 · €424k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€247k€246k▼
Fixed assets21/28€27k€28k▲
Tangible fixed assets22/27€9k€12k▲
Land and buildings22€8k€8k=
Plant, machinery and equipment23€1k€670▼
Furniture and vehicles24-€1k
Other tangible fixed assets26-€2k
Financial fixed assets28€19k€16k▼
Current assets29/58€220k€219k▼
Stocks and contracts in progress3€40k€211▼
Stocks30/36€218€211▼
Contracts in progress37€40k-
Amounts receivable within one year40/41€103k€138k▲
Trade receivables40€56k€57k▲
Other amounts receivable41€46k€81k▲
Cash at bank and in hand54/58€39k€37k▼
Deferred charges and accrued income490/1€38k€44k▲
Equity and liabilities
Total equity and liabilities10/49€247k€246k▼
Equity10/15€167k€185k▲
Contributions10/11€8k€8k=
Reserves13€159k€177k▲
Distributable reserves133€159k€177k▲
Profit (loss) carried forward14€214€233▲
Amounts payable17/49€80k€61k▼
Amounts payable within one year42/48€80k€61k▼
Financial debts43€28k-
Credit institutions430/8€28k-
Trade debts44€23k€38k▲
Suppliers440/4€23k€38k▲
Taxes, remuneration and social security45€28k€23k▼
Taxes450/3€4k€8k▲
Remuneration and social security454/9€24k€15k▼
Income statement
Code20232024
Non-recurring operating income76A-€1k
Remuneration, social security and pensions62€424k€442k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625€464▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€436k€473k▲
Operating profit (loss)9901€8k€27k▲
Financial income75/76B-€302
Recurring financial income75-€302
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€4k€26k▲
Income taxes67/77€1k€8k▲
Profit (loss) for the period9904€3k€18k▲
Profit (loss) for the period to be appropriated9905€3k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€18k▲
Profit (loss) brought forward from the previous period14P€219€214▼
Transfer to equity691/2€3k€18k▲
To other reserves6921€3k€18k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €18k ▲502%
Operating result €27k, net result €18k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €160 ▼89.8%
Net result drops to €160, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Fontaine-l'Evêque · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Pétria(F-E) 986140 Fontaine-l'EvêqueGround area
2,265 m²
Building footprint
322 m²
Volume, LiDAR
1,611 m³
Parcel 52022C0168/00L004, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Pétria(F-E) 98, 6140 Fontaine-l'Evêque
since 20162.249.000.527
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52022C0168/00L004 | Wallonia | 2,265 m² | 1 · 322 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VHB PROJECTS
BE 0811.187.343
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BOLLIJN
BE 0827.027.245
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ECO-REN
BE 0699.650.211
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ISOBUILDING
BE 0542.759.738
Londerzeel · Eq €185k
BOUWPROJECTEN VAN HERCK
BE 0745.618.214
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,251 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
43320Joinery installation
43331Floor and wall tiling
43341Painting of buildings
43410Roofing work
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.