HAIDUC Construct
Annual accounts 2025
micro format, filed on 13-07-2026, 74 days lateMoney flows
of every €100 of turnover, €57.03 was lost in 2025Balance sheet
balance sheet total €235,662 on 30-09-2025in euro
Position in the sector
-25.3%
Higher than 8% of 10,152 companies in 2025.
1.33
Higher than 37% of 9,863 companies in 2025.
-70.4%
Lower than 95% of 9,951 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
235,662 | 225,506 | 189,283 | 59,210 | 253,550 | |
21/28 |
34,699 | 44,113 | 15,905 | 8,220 | 13,722 | |
22/27 |
34,699 | 44,113 | 15,905 | 8,220 | 13,722 | |
24 |
34,699 | 44,113 | 15,905 | 8,220 | 13,722 | |
29/58 |
200,963 | 181,393 | 173,378 | 50,989 | 239,828 | |
40/41 |
140,948 | 125,926 | 141,673 | 45,115 | 211,236 | |
40 |
55,008 | 47,050 | 96,673 | 31,563 | 204,958 | |
41 |
85,940 | 78,876 | 45,000 | 13,552 | 6,278 | |
54/58 |
- | 55,467 | 31,705 | 5,874 | 28,542 | |
490/1 |
60,015 | - | - | 0 | 50 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
235,662 | 225,506 | 189,283 | 59,210 | 253,550 | |
10/15 |
-59,707 | 106,152 | 83,504 | 42,651 | 27,666 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
10 |
- | 2,000 | 2,000 | 2,000 | 2,000 | |
100 |
- | 2,000 | 2,000 | 2,000 | 2,000 | |
13 |
200 | 200 | 200 | 200 | 200 | |
130/1 |
200 | 200 | 200 | 200 | 200 | |
130 |
- | 200 | 200 | 200 | 200 | |
1311 |
200 | - | - | - | - | |
14 |
-61,907 | 103,952 | 81,304 | 40,451 | 25,466 | |
16 |
144,641 | - | - | - | - | |
160/5 |
144,641 | - | - | - | - | |
164/5 |
144,641 | - | - | - | - | |
17/49 |
150,728 | 119,354 | 105,779 | 16,559 | 225,884 | |
42/48 |
150,728 | 119,354 | 105,779 | 16,559 | 225,884 | |
43 |
18,146 | - | - | - | - | |
430/8 |
18,146 | - | - | - | - | |
44 |
72,710 | 68,717 | 63,065 | 2,688 | 182,064 | |
440/4 |
72,710 | 68,717 | 63,065 | 2,688 | 182,064 | |
46 |
6,887 | 6,887 | 6,887 | - | 34,225 | |
45 |
37,750 | 43,750 | 35,827 | 13,871 | 9,595 | |
450/3 |
37,750 | 43,750 | 35,827 | 13,871 | 9,595 | |
47/48 |
15,235 | - | - | - | - | |
| Income statement | ||||||
70 |
290,819 | 622,875 | 760,578 | 539,761 | 670,399 | |
76A |
- | 2,708 | - | - | - | |
9900 |
5,920 | 49,844 | 71,134 | 27,621 | 43,053 | |
60/61 |
301,549 | 575,739 | 689,443 | 512,140 | 627,346 | |
62 |
105,997 | - | - | - | - | |
630 |
10,570 | 13,211 | - | 6,500 | 6,874 | |
631/4 |
14,192 | - | - | - | - | |
640/8 |
1,990 | 4,114 | 1,191 | 1,728 | 2,639 | |
9901 |
-126,829 | 32,519 | 69,943 | 19,392 | 33,540 | |
75/76B |
59 | - | - | - | - | |
75 |
59 | - | - | - | - | |
65/66B |
20,781 | 1,528 | 146 | 131 | 379 | |
65 |
20,781 | 1,528 | 146 | 131 | 379 | |
9903 |
-147,551 | 30,991 | 69,797 | 19,261 | 33,161 | |
67/77 |
18,307 | 8,343 | 13,959 | 4,276 | 7,495 | |
9904 |
-165,858 | 22,648 | 55,838 | 14,985 | 25,666 | |
9905 |
-165,858 | 22,648 | 55,838 | 14,985 | 25,666 | |
| Appropriation of the result | ||||||
9906 |
-61,907 | 103,952 | 81,304 | 40,451 | 25,666 | |
14P |
103,951 | 81,304 | 25,466 | 25,466 | - | |
691/2 |
- | - | - | 0 | 200 | |
6920 |
- | - | - | 0 | 200 | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 74 days after the deadline. Filed on 13 July 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00290242.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 13-07-2026 | 2026-00290242 | |
| 30-09-2024 | full format | 25-02-2025 | 2025-00039181 | |
| 30-09-2023 | full format | 25-02-2025 | 2025-00039228 | |
| 30-09-2022 | full format | 15-06-2023 | 2023-00137587 | |
| 30-09-2021 | full format | 26-05-2023 | 2023-00100977 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -116,259 | 45,730 | - | 25,893 | 40,414 | ||
| -155,288 | 35,859 | - | 21,486 | 32,540 | ||
| 1,156 | 41,419 | 7,685 | 999 | 20,596 | ||
| - | 23,762 | 25,831 | -22,668 | - | ||
| 50,235 | 62,039 | 67,599 | 34,431 | 13,944 | ||
| -43.6% | 5.2% | 9.2% | 3.6% | 5.0% | ||
| -25.3% | 47.1% | 44.1% | 72.0% | 10.9% | ||
| 1.33 | 1.52 | 1.64 | 3.08 | 1.06 | ||
| - | 1.12 | 1.27 | 0.39 | 8.16 | ||
| - | 21.3% | 66.9% | 35.1% | 92.8% | ||
| -70.4% | 10.0% | 29.5% | 25.3% | 10.1% | ||
| -5.59 | 29.93 | - | over 100 | over 100 | ||
| 69 days | 28 days | 46 days | 21 days | 112 days | ||
| 88 days | 44 days | 33 days | 2 days | 106 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,156 | €41,419 | €7,685 | €999 | €20,596 |
| €10,570 | €13,211 | - | €6,500 | €6,874 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on HAIDUC Construct
The operating result for 2025 is a loss of €126,829, after a profit of €32,519 in 2024. It is the lowest result since 2021.
Equity is negative. Debt (€150,728) exceeds the balance-sheet total (€235,662).
- 2025 Turnover -53% on 2024. The accounts now follow the micro format, last year the full format.