CONSTRUCT HOET
ActiveCONSTRUCT HOET has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.19M and a net result of €1.02M. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 72% of 1221 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-1
Solvency90▼-10
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 7.87 in 2023; short-term debt: 34.8% and cash: 21.3% of total assets), and 35% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
65%
Return on assets
20.8%
Age of the figures
21 mo
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
51 d early
2022
32 d early
2021
5 d early
2020
33 d early
2019
64 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€3.19M▼ 11.6%
2023 · €3.60M
2018: €3.28M
2019: €3.27M
2020: €3.67M
2021: €4.00M
2022: €2.97M
2023: €3.60M
2018 → 2024
Total assets
€4.90M▲ 22.5%
2023 · €4.00M
2018: €4.13M
2019: €3.55M
2020: €3.98M
2021: €5.03M
2022: €4.33M
2023: €4.00M
2018 → 2024
Net result
€1.02M▲ 20.3%
2023 · €847k
2018: €344k
2019: €347k
2020: €566k
2021: €1.13M
2022: €664k
2023: €847k
2018 → 2024
Working capital
€1.12M▼ 57.5%
2023 · €2.64M
2018: €2.43M
2019: €2.44M
2020: €3.09M
2021: €3.56M
2022: €2.34M
2023: €2.64M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.67M-€4.00M▲ 9.1%€2.97M▼ 25.8%€3.60M▲ 21.2%€3.19M▼ 11.6%
Operating result€696k-€1.40M▲ 101%€948k▼ 32.1%€886k▼ 6.6%€1.19M▲ 33.9%
Net result€566k-€1.13M▲ 99.5%€664k▼ 41.2%€847k▲ 27.4%€1.02M▲ 20.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 34% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.90M
Fixed assets
€2.08M▲ 112%
Current assets
€2.82M▼ 6.5%
Equity and liabilities €4.90M
Equity
€3.19M▼ 11.6%
Provisions
€4k▼ 11.7%
Debt
€1.71M▲ 335%
The debt ratio rises from 9.8% to 34.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.37M▲
2023 · €960k
Cash flow
€1.20M▲
2023 · €921k
Solvency
65.0%▼
2023 · 90.1%
Current ratio
1.66▼
2023 · 7.87
Quick ratio
1.49▼
2023 · 7.34
Debt / equity
0.54▲
2023 · 0.11
ROE
32.0%▲
2023 · 23.5%
ROA
20.8%▼
2023 · 21.2%
Interest coverage
-214.14▼
2023 · -9.82
Debt
€1.71M▲
2023 · €393k
Debt ≤ 1 year
€1.70M▲
2023 · €384k
Income taxes
€214k▲
2023 · €177k
Staff costs
€364k▲
2023 · €304k
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€4.00M€4.90M▲
Fixed assets21/28€980k€2.08M▲
Tangible fixed assets22/27€980k€2.08M▲
Land and buildings22€489k€753k▲
Plant, machinery and equipment23€426k€1.24M▲
Furniture and vehicles24€65k€88k▲
Current assets29/58€3.02M€2.82M▼
Amounts receivable after more than one year29€252k€202k▼
Other amounts receivable291€252k€202k▼
Stocks and contracts in progress3€203k€284k▲
Stocks30/36€203k€284k▲
Amounts receivable within one year40/41€968k€1.04M▲
Trade receivables40€769k€917k▲
Other amounts receivable41€199k€124k▼
Current investments50/53€1.04M€253k▼
Cash at bank and in hand54/58€554k€1.04M▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€4.00M€4.90M▲
Equity10/15€3.60M€3.19M▼
Contributions10/11€152k€152k=
Reserves13€3.45M€3.03M▼
Tax-exempt reserves132€70k€69k▼
Distributable reserves133€3.38M€2.97M▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€5k€4k▼
Deferred taxes168€5k€4k▼
Amounts payable17/49€393k€1.71M▲
Amounts payable within one year42/48€384k€1.70M▲
Trade debts44€135k€229k▲
Suppliers440/4€135k€229k▲
Taxes, remuneration and social security45€33k€39k▲
Taxes450/3€0-
Remuneration and social security454/9€33k€39k▲
Other amounts payable47/48€216k€1.44M▲
Accrued charges and deferred income492/3€9k€6k▼
Income statement
Code20232024
Non-recurring operating income76A€8k€7k▼
Remuneration, social security and pensions62€304k€364k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€183k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€-5k▼
Other operating charges640/8€19k€21k▲
Gross operating margin9900€1.30M€1.75M▲
Operating profit (loss)9901€886k€1.19M▲
Financial income75/76B€39k€40k▲
Recurring financial income75€39k€40k▲
Financial charges65/66B€-98k€-6k▲
Recurring financial charges65€-98k€-6k▲
Profit (loss) for the period before taxes9903€1.02M€1.23M▲
Transfer from deferred taxes780€550€550=
Income taxes67/77€177k€214k▲
Profit (loss) for the period9904€847k€1.02M▲
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€848k€1.02M▲
Appropriation of the result
Profit (loss) to be appropriated9906€848k€1.02M▲
Transfer from equity791/2€0€415k▲
Transfer to equity691/2€632k€0▼
To other reserves6921€632k€0▼
Profit to be distributed694/7€216k€1.44M▲
Return on contributions (dividend)694€0€1.20M▲
Directors or managers695€216k€235k▲
Social balance
Average headcount (FTE)90875.15.9▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity triplescurrent ratio 7.87
Current ratio from 2.75 to 7.87; short-term debt falls from €1.34M to €384k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.13M ▲99.5%
Operating result €1.40M, net result €1.13M, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity triplescurrent ratio 9.95
Current ratio from 3.89 to 9.95; short-term debt falls from €840k to €272k.
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Koekelare · 1 establishment unit since 2002
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.
Ambachtenstraat 38680 KoekelareGround area
9,823 m²
Building footprint
4,690 m²
Volume, LiDAR
21,316 m³
Parcel 32010A1348/00B000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CONSTRUCT HOET
since 20022.049.999.087
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32010A1348/00B000 | Flanders | 9,823 m² | 1 · 4,690 m² | 8.4 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 26,864 EUR awarded · 26,864 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 287 EUR | 287 EUR |
| 2023 | 1 | 0 EUR | 26,577 EUR |
| 2022 | 1 | 26,577 EUR | 0 EUR |
Schemes
Call groene stroom (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8755004SG08PU7AONA26
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Of 3,463 companies in sector 25530 we hold annual accounts for 1,658. 730 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-1990
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
25999Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.