H.J.CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of H.J.CONSTRUCT is 1.6% (moderate). The 2024 annual accounts show equity of €664,693 and a net result of €11,678. Equity has been growing by about 9.7% per year since 2018. Its solvency ranks better than 95% of 3,536 sector peers (NACE 43, financial year 2024). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-06-2007 Normal situation
- Activity
- Other specialised construction activities NACE 43990
- Establishment unit
- 2.163.437.718 1000 Brussel, since 01-07-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.6%
- Turnover
- €900,852
- ▼ 26.3%
- Profit
- €11,678
- ▼ 75.3%
- Equity
- €664,693
- ▲ 1.8%
- Total assets
- €702,703
- ▼ 0.5%
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 122 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 08-12-2025)lowers riskEquity €664,693 (94.6% of total assets)Founded in 2007Show 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 43, micro). It does better than 90% of them on solvency, 49% on liquidity, 28% on profitability and 29% on growth.
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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 6 accounts on average 72 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 4 November 2026.
Annual accounts 2024 filed on 30-11-2025 PDF all 18 filings
Every figure per financial year
The operating result for 2024 is 82% lower than in 2023 and the lowest since 2020.
Staff
| Item | 31-12-2022 |
|---|---|
| Average over the year, in full-time equivalents | 0.5 |
| Joined | 1 |
| Left | 1 |
Source: social balance sheet in the 2022 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Tangible fixed assets | €6,796 | €16,575 | €29,000 | €19,965 |
| Financial fixed assets | - | €363 | - | - |
| Depreciation and write-downs of the year | €19,088 | €4,615 | €11,960 | €16,054 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | - | - | €0.7m | €0.9m | €0.8m | €1.2m | €0.9m | ▼ 26.3% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0.7m | €0.8m | €1.2m | €0.9m | ▼ 24.5% |
| Remuneration, social security and pensions62 | - | - | - | - | €0.02m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.02m | €0.02m | €0.02m | €0.02m | €0.005m | €0.01m | €0.02m | ▲ 34.2% |
| Other operating charges640/8 | - | - | - | €0.002m | €0.002m | €0.001m | €0.004m | ▲ 171% |
| Gross operating margin9900 | €0.1m | €0.02m | €0.3m | €0.1m | €0.04m | €0.08m | €0.03m | ▼ 60.0% |
| Operating profit (loss)9901 | €0.08m | €0.04m | €0.2m | €0.1m | €0.02m | €0.07m | €0.01m | ▼ 81.8% |
| Financial income75/76B | - | - | - | €0.003m | €0.001m | €0.003m | €0.004m | ▲ 68.8% |
| Recurring financial income75 | €0.002m | - | - | €0.002m | €0.001m | €0.003m | €0.004m | ▲ 68.8% |
| Non-recurring financial income76B | - | - | - | €0.001m | - | - | - | - |
| Financial charges65/66B | - | - | - | €159 | €0.001m | €0.003m | €0.001m | ▼ 54.9% |
| Recurring financial charges65 | €0.001m | €0.009m | €124 | €159 | €0.001m | €0.003m | €0.001m | ▼ 54.9% |
| Profit (loss) for the period before taxes9903 | €0.08m | €0.03m | €0.2m | €0.1m | €0.02m | €0.07m | €0.02m | ▼ 77.2% |
| Income taxes67/77 | €0.03m | €0.02m | €0.07m | €0.03m | €0.005m | €0.02m | €0.003m | ▼ 81.9% |
| Profit (loss) for the period9904 | €0.06m | €0.01m | €0.2m | €0.08m | €0.01m | €0.05m | €0.01m | ▼ 75.3% |
| Profit (loss) for the period to be appropriated9905 | €0.06m | €0.01m | €0.2m | €0.08m | €0.01m | €0.05m | €0.01m | ▼ 75.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €476,077 | €400,788 | €647,331 | €645,507 | €653,106 | €706,449 | €702,703 | ▼ 0.5% |
| Fixed assets21/28 | €77,294 | €60,980 | €44,545 | €28,653 | €40,976 | €55,783 | €59,694 | ▲ 7.0% |
| Tangible fixed assets22/27 | €73,444 | €57,130 | €40,695 | €28,403 | €40,363 | €55,533 | €59,444 | ▲ 7.0% |
| Land and buildings22 | - | - | - | €20,274 | €19,530 | €18,786 | €18,042 | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | €604 | - | - | €7,006 | - |
| Furniture and vehicles24 | - | - | - | €7,526 | €20,833 | €36,747 | €34,396 | ▼ 6.4% |
| Financial fixed assets28 | €3,850 | €3,850 | €3,850 | €250 | €613 | €250 | €250 | = |
| Current assets29/58 | €398,783 | €339,807 | €602,786 | €616,854 | €612,129 | €650,666 | €643,009 | ▼ 1.2% |
| Amounts receivable within one year40/41 | €245,450 | €264,361 | €265,975 | €509,011 | €537,289 | €525,843 | €532,970 | ▲ 1.4% |
| Trade receivables40 | - | - | - | €173,695 | €167,265 | €93,278 | €153,767 | ▲ 64.8% |
| Other amounts receivable41 | - | - | - | €335,316 | €370,024 | €432,565 | €379,203 | ▼ 12.3% |
| Current investments50/53 | - | - | - | €24,371 | €54,929 | €83,401 | €91,308 | ▲ 9.5% |
| Cash at bank and in hand54/58 | €153,333 | €75,447 | €336,811 | €83,472 | €19,911 | €41,422 | €18,731 | ▼ 54.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €476,077 | €400,788 | €647,331 | €645,507 | €653,106 | €706,449 | €702,703 | ▼ 0.5% |
| Equity10/15 | €321,232 | €331,197 | €510,882 | €591,483 | €605,760 | €653,016 | €664,693 | ▲ 1.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €39,110 | €39,110 | €39,110 | €39,110 | €39,110 | €39,110 | €39,110 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | - | - | €37,250 | €37,250 | €37,250 | €37,250 | = |
| Profit (loss) carried forward14 | €275,922 | €285,887 | €465,572 | €546,173 | €560,450 | €607,706 | €619,383 | ▲ 1.9% |
| Provisions and deferred taxes16 | €70,000 | - | - | - | - | - | - | - |
| Amounts payable17/49 | €84,845 | €69,591 | €136,449 | €54,024 | €47,346 | €53,434 | €38,009 | ▼ 28.9% |
| Amounts payable after more than one year17 | €7,262 | - | - | - | - | €12,400 | €2,517 | ▼ 79.7% |
| Financial debts170/4 | - | - | - | - | - | €12,400 | €2,517 | ▼ 79.7% |
| Amounts payable within one year42/48 | €75,003 | €67,191 | €136,449 | €54,024 | €47,346 | €41,034 | €35,492 | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | - | €10,378 | €9,883 | ▼ 4.8% |
| Trade debts44 | €15,289 | €33,050 | €30,258 | €20,528 | €10,620 | €3,529 | - | - |
| Suppliers440/4 | - | - | - | €20,528 | €10,620 | €3,529 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €31,603 | €36,725 | €17,752 | €21,134 | ▲ 19.1% |
| Taxes450/3 | - | - | - | €28,978 | €33,225 | €17,752 | €21,134 | ▲ 19.1% |
| Remuneration and social security454/9 | - | - | - | €2,625 | €3,500 | - | - | - |
| Other amounts payable47/48 | - | - | - | €1,893 | - | €9,375 | €4,475 | ▼ 52.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,210 | €9,965 | €179,685 | €80,601 | €14,277 | €47,256 | €11,678 | ▼ 75.3% |
| + Depreciation and write-downs630 | €22,800 | €24,296 | €18,775 | €19,088 | €4,615 | €11,960 | €16,054 | ▲ 34.2% |
| Operating cash flow (approximation) | €80,010 | €34,260 | €198,460 | €99,689 | €18,892 | €59,216 | €27,732 | ▼ 53.2% |
| Investment in fixed assets (approximation) | - | -€7,982 | -€2,339 | -€3,196 | -€16,938 | -€26,768 | -€19,965 | ▲ 25.4% |
| Change in cash | - | -€77,886 | €261,365 | -€253,340 | -€63,561 | €21,511 | -€22,692 | - |
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, 6,049 companies had the same profile as H.J.CONSTRUCT has now. Two years later, 95.9% were still going and 0.4% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
The bankruptcy probability of H.J.CONSTRUCT itself is higher: 1.6% within 12 months. It rests on far more data about H.J.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 6,049 companies, not a prediction for H.J.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.
Latest 10 of 18 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | full format | 30-11-2025 | 2025-00577254 | |
| 31-12-2023 | full format | 31-10-2024 | 2024-00531558 | |
| 31-12-2022 | full format | 31-10-2023 | 2023-00503990 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20426330 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63400598 | |
| 31-12-2019 | micro format | 30-09-2020 | 2020-58500442 | |
| 31-12-2018 | micro format | 30-09-2019 | 2019-67600248 | |
| 31-12-2017 | micro format | 28-09-2018 | 2018-67300216 | |
| 31-12-2016 | full format | 29-09-2017 | 2017-65500281 | |
| 31-12-2015 | full format | 31-08-2016 | 2016-58600104 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
H.J.CONSTRUCT shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of H.J.CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
06-03
Gazette deed
Registered office moved within BruxellesNew seat: Avenue de la Brabançonne, 28 à 1000 Bruxelles · Previous seat: Rue des Confédérés, 96- 1000 Bruxelles2 points ▸
- General meeting, 01-12-2022
- Registered-office move, Avenue de la Brabançonne, 28 à 1000 Bruxelles
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing 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 0890.238.680
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21806F0073/00B005 | Brussels | 141 m² | 1 · 83 m² | 19.6 m · 5 |