H.E CONSTRUCTION
ActiveSummary
The computed 12-month bankruptcy probability of H.E CONSTRUCTION is 5.5% (elevated). The annual accounts of H.E CONSTRUCTION for fiscal year 2024 show a net loss of 249% of total assets and of 97% of the equity at the start of that year. The 2024 annual accounts show equity of €301 and a net result of -€8,406. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 78 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 759 companies that looked in July 2024 the way this one looks now, 7.5% went bankrupt within 24 months and 86% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
A further 1.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 5.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 759 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.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Other operating charges640/8 | - | €50 | - |
| Gross operating margin9900 | -€117 | -€8,287 | ▼ 6,983% |
| Operating profit (loss)9901 | -€117 | -€8,337 | ▼ 7,025% |
| Financial charges65/66B | €46 | €69 | ▲ 50.0% |
| Recurring financial charges65 | €46 | €69 | ▲ 50.0% |
| Profit (loss) for the period before taxes9903 | -€163 | -€8,406 | ▼ 5,057% |
| Profit (loss) for the period9904 | -€163 | -€8,406 | ▼ 5,057% |
| Profit (loss) for the period to be appropriated9905 | -€163 | -€8,406 | ▼ 5,057% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €9,947 | €3,370 | ▼ 66.1% |
| Current assets29/58 | €9,947 | €3,370 | ▼ 66.1% |
| Amounts receivable within one year40/41 | €737 | €2,947 | ▲ 300% |
| Trade receivables40 | €737 | €2,947 | ▲ 300% |
| Cash at bank and in hand54/58 | - | €423 | - |
| Deferred charges and accrued income490/1 | €9,210 | - | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €9,947 | €3,370 | ▼ 66.1% |
| Equity10/15 | €8,706 | €301 | ▼ 96.5% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€1,294 | -€9,699 | ▼ 650% |
| Amounts payable17/49 | €1,240 | €3,069 | ▲ 147% |
| Amounts payable within one year42/48 | €1,240 | €3,069 | ▲ 147% |
| Trade debts44 | €1,240 | €3,069 | ▲ 147% |
| Suppliers440/4 | €1,240 | €3,069 | ▲ 147% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€163 | -€8,406 | ▼ 5,057% |
| Operating cash flow (approximation) | -€163 | -€8,406 | ▼ 5,057% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.