HADIBOUW
ActiveSummary
HADIBOUW has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €907k and a net result of €84k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 2096 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+4
Solvency85▲+38
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 2.65 against 1.25 in 2023; short-term debt: 32.2% and cash: 6.9% of total assets), and 40.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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
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
59.6%
Return on assets
5.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
12 d late
2022
9 d late
2021
93 d early
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€907k▲ 181%
2023 · €323k
2018: €127k
2019: €138k
2020: €172k
2021: €256k
2022: €284k
2023: €323k
2018 → 2024
Total assets
€1.52M▲ 2.5%
2023 · €1.48M
2018: €1.44M
2019: €2.55M
2020: €2.36M
2021: €1.04M
2022: €944k
2023: €1.48M
2018 → 2024
Net result
€84k▲ 116%
2023 · €39k
2018: €10k
2019: €11k
2020: €34k
2021: €84k
2022: €28k
2023: €39k
2018 → 2024
Working capital
€810k▲ 211%
2023 · €261k
2018: €34k
2019: €78k
2020: €-925k
2021: €153k
2022: €208k
2023: €261k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€172k-€256k▲ 49.0%€284k▲ 10.7%€323k▲ 13.8%€907k▲ 181%
Operating result€64k-€127k▲ 100%€39k▼ 69.1%€88k▲ 123%€139k▲ 58.4%
Net result€34k-€84k▲ 150%€28k▼ 67.4%€39k▲ 41.9%€84k▲ 116%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 58% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.52M
Fixed assets
€221k ▲ 39.6%
Current assets
€1.30M ▼ 1.9%
Equity and liabilities €1.52M
Equity
€907k ▲ 181%
Debt
€614k ▼ 47.1%
Debt's share of the balance-sheet total falls from 78.2% to 40.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€229k▲
2023 · €159k
Cash flow
€174k▲
2023 · €110k
Current ratio
2.65▲
2023 · 1.25
Quick ratio
0.71▲
2023 · 0.22
Debt to equity
0.68▼
2023 · 3.59
ROE
9.3%▼
2023 · 12.1%
ROA
5.5%▲
2023 · 2.6%
Interest coverage
6.54▼
2023 · 10.07
Debt ≤ 1 year
€490k▼
2023 · €1.06M
Debt > 1 year
€124k▲
2023 · €96k
Income taxes
€20k▼
2023 · €33k
Staff costs
€956k▲
2023 · €747k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.48M€1.52M▲
Fixed assets21/28€158k€221k▲
Intangible fixed assets21€420€5k▲
Tangible fixed assets22/27€158k€216k▲
Plant, machinery and equipment23€72k€114k▲
Furniture and vehicles24€42k€68k▲
Leasing and similar rights25€44k€34k▼
Financial fixed assets28€25€25=
Current assets29/58€1.33M€1.30M▼
Stocks and contracts in progress3€1.09M€951k▼
Stocks30/36€68k€70k▲
Contracts in progress37€1.02M€881k▼
Amounts receivable within one year40/41€171k€239k▲
Trade receivables40€146k€212k▲
Other amounts receivable41€25k€27k▲
Cash at bank and in hand54/58€53k€105k▲
Deferred charges and accrued income490/1€8k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.52M▲
Equity10/15€323k€907k▲
Contributions10/11€57k€557k▲
Reserves13€266k€350k▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Tax-exempt reserves132€18k€18k=
Distributable reserves133€242k€327k▲
Amounts payable17/49€1.16M€614k▼
Amounts payable after more than one year17€96k€124k▲
Financial debts170/4€96k€124k▲
Amounts payable within one year42/48€1.06M€490k▼
Current portion of amounts payable after more than one year42€31k€76k▲
Financial debts43€508k€0▼
Credit institutions430/8€508k€0▼
Trade debts44€243k€286k▲
Suppliers440/4€243k€286k▲
Taxes, remuneration and social security45€120k€49k▼
Taxes450/3€73k€35k▼
Remuneration and social security454/9€47k€15k▼
Other amounts payable47/48€162k€78k▼
Income statement
Code20232024
Non-recurring operating income76A€3k€0▼
Remuneration, social security and pensions62€747k€956k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€90k▲
Other operating charges640/8€17k€21k▲
Gross operating margin9900€923k€1.21M▲
Operating profit (loss)9901€88k€139k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€16k€35k▲
Recurring financial charges65€16k€35k▲
Profit (loss) for the period before taxes9903€72k€104k▲
Income taxes67/77€33k€20k▼
Profit (loss) for the period9904€39k€84k▲
Profit (loss) for the period to be appropriated9905€39k€84k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€84k▲
Transfer to equity691/2€39k€84k▲
To other reserves6921€39k€84k▲
Social balance
Average headcount (FTE)908713.517.0▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.65
Current ratio from 1.25 to 2.65; short-term debt falls from €1.06M to €490k.
31-12
Financial
Equity above €500kEq €907k ▲181%
7 profitable years in a row build equity to €907k.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €84k ▲150%
Net result €84k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.23
Current ratio from 0.54 to 1.23; short-term debt falls from €2.02M to €651k.
31-12
Financial
Equity above €200kEq €256k ▲49%
4 profitable years in a row build equity to €256k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Equity above €150kEq €172k ▲24.4%
3 profitable years in a row build equity to €172k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Herentals · 1 establishment unit since 1992
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.
Lierseweg(HRT) 3252200 HerentalsGround area
1,038 m²
Building footprint
313 m²
Volume, LiDAR
1,542 m³
Parcel 13302D0132/00K000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HADIBOUW
since 19922.051.563.064
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0132/00K000 | Flanders | 1,038 m² | 1 · 313 m² | 8.5 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 6,481 EUR awarded · 6,169 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 1,300 EUR | 1,211 EUR |
| 2024 | 2 | 2,381 EUR | 3,958 EUR |
| 2023 | 2 | 2,300 EUR | 500 EUR |
| 2022 | 1 | 500 EUR | 500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Premie kwalificerend werkplekleren
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
16 categoriesHADIBOUW BV29106
Dual-learning approval
7 endedMedewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
Metselaar (vwo)
Ruwbouw duaal (so)
Metselaar (so)
Metselaar (so)
Werfbediener (so)
Similar companies · same sector, comparable size
CRIUS CONSTRUCT
BE 0647.827.564
Wemmel · Eq €907,433
UNITS
BE 0862.627.136
Ardooie · Eq €907,062
A3 REAL ESTATE
BE 0668.441.549
Lasne · Eq €906,762
D.E. CONSTRUCTIONS
BE 0866.845.844
Ham-sur-Heure-Nalinnes · Eq €906,326
GEERT LENAERTS
BE 0849.814.030
Brecht · Eq €905,968
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 6,813 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-1991
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.