H.D.A. CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of H.D.A. CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €49,374 and a net result of €47,374. Its solvency ranks better than 77% of 9,399 sector peers (NACE 41, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-01-2025 Normal situation
- Activity
- General construction of office buildings NACE 41002and 5 others
- Establishment unit
- 2.368.710.108 1602 Sint-Pieters-Leeuw, since 07-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.8%
- Gross margin
- €74,616
- Turnover
- ≈ €390,000
- estimated
- Profit
- €47,374
- Equity
- €49,374
- Total assets
- €71,942
- 2025 accounts filed 24 days after the deadline
Score breakdownraises riskFounded in 2025Size: total assets €71,942Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.85, cash €11,702Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 78% of them on solvency, 61% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 03-11-2026 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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Signals
Searched, nothing found (1)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 24 days after the deadline Filed on 24 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00424334.
Annual accounts 2025 filed on 24-08-2026 at the NBB
Amounts without an identifiable currency are taken as euros.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €40,500 |
| Depreciation and write-downs of the year | €10,208 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,208 |
| Other operating charges640/8 | €4,079 |
| Gross operating margin9900 | €74,616 |
| Operating profit (loss)9901 | €60,329 |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €3 |
| Recurring financial charges65 | €3 |
| Profit (loss) for the period before taxes9903 | €60,327 |
| Income taxes67/77 | €12,953 |
| Profit (loss) for the period9904 | €47,374 |
| Profit (loss) for the period to be appropriated9905 | €47,374 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €71,942 | |
| Fixed assets21/28 | €30,292 | |
| Tangible fixed assets22/27 | €30,292 | |
| Furniture and vehicles24 | €30,292 | |
| Current assets29/58 | €41,650 | |
| Amounts receivable within one year40/41 | €29,948 | |
| Trade receivables40 | €28,739 | |
| Other amounts receivable41 | €1,209 | |
| Cash at bank and in hand54/58 | €11,702 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €71,942 | |
| Equity10/15 | €49,374 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | €47,374 | |
| Amounts payable17/49 | €22,567 | |
| Amounts payable within one year42/48 | €22,567 | |
| Trade debts44 | €7,772 | |
| Suppliers440/4 | €7,772 | |
| Taxes, remuneration and social security45 | €12,953 | |
| Taxes450/3 | €12,953 | |
| Other amounts payable47/48 | €1,842 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €47,374 |
| + Depreciation and write-downs630 | €10,208 |
| Operating cash flow (approximation) | €57,582 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 11,279 companies had the same profile as H.D.A. CONSTRUCT has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.
- Micro
- under 2 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
The bankruptcy probability of H.D.A. CONSTRUCT itself is higher: 1.8% within 12 months. It rests on far more data about H.D.A. CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for H.D.A. CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-08-2026 | 2026-00424334 |
Board & ownership
Directors
Owners and capital
Shareholders
- HASANI Januz 100 shares (100%) · €2,000
Capital transactions
- 09-01-2025 Incorporation · €2,000 · 100 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal bij meerdere kopers, Artikel 9”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 09-01-2025 (in Dutch)
Network & group
H.D.A. CONSTRUCT shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of H.D.A. CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-01
Gazette deed
IncorporationStarting capital €2,000 · Appointment: HASANI Januz (director) · Registered office clause · Board rule23 points ▸
- Other provision, “inwerkingtreding slotbeslissingen, neerlegging ter griffie van uitgifte oprichtingsakte” (deed in Dutch)
- Registered office clause, “1602 Sint-Pieters-Leeuw (Vlezenbeek), Herdeweg 7” (deed in Dutch)
- Board rule, 1
- Director appointment, HASANI Januz (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Other provision, “kosten en verklaringen partijen”, 1114.44 (deed in Dutch)
- Other provision, “uitgifte bewaring inzage, minuuthoudende notaris” (deed in Dutch)
- Other provision, “IZIMI-digitale kluis NABAN, gedematerialiseerd afschrift in NABAN” (deed in Dutch)
- Other provision, “recht op geschriften”, 100 (deed in Dutch)
- Other provision, “Etterbeek, verlijden akte” (deed in Dutch)
- Other provision, “ontvangst ontwerp, minstens vijf werkdagen voor verlijden” (deed in Dutch)
- Other provision, “artikel 12 alinea 1 en 2 Organieke Wet Notariaat en wijzigingen aan vooraf medegedeeld ontwerp, integrale voorlezing” (deed in Dutch)
- The act holds 11 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1018.316.886
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23089C0196/00D000 | Flanders | 1,041 m² | 1 · 131 m² | 5.9 m · 1 |