Financials
- Fiscal year
- 2024
- Total assets
- €393,819
- Loss
- -€47,538
- Solvency
- 39.4%
Turnover▲ 43.7%
Net result
20182021
HAL CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HAL CONSTRUCT is 5.2% (elevated). The 2024 annual accounts show equity of €155,341 and a net result of -€47,538. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 1295 sector peers (fiscal year 2024). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
How big
€393,819total assets 2024
- Equity
- €155,341
- Loss
- -€47,538
Who decides
Accounts 63 d overdue0 of 2 deeds read
Why 36- 1 financial year not filed after the legal deadline; latest accounts 181 days late; 2 of the last 3 late- Loss of €47,538 (FY 2024)- Figures for FY 2024 (filed 30-01-2026)+ Founded in 2009Show the evidence
Checked score
Score 2024
36
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 27% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
64-23
equity 39.4% of total assets
Liquidity
36=
short-term debt 60.6% · cash 14.1%
Profitability
7-67
return on assets -12.1%
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.2%
12-2024: 1.5%▼ -32.7% vs 11-2024
01-2025: 1.5%▼ -1.5% vs 12-2024
02-2025: 1.5%▲ +0.3% vs 01-2025
03-2025: 1.5%▼ -0.8% vs 02-2025
04-2025: 1.5%▲ +2.0% vs 03-2025
05-2025: 1.4%▼ -3.9% vs 04-2025
06-2025: 1.4%▼ -0.1% vs 05-2025lowest value
07-2025: 1.6%▲ +13.3% vs 06-2025
08-2025: 1.9%▲ +16.8% vs 07-2025
09-2025: 2.1%▲ +9.7% vs 08-2025
10-2025: 2.6%▲ +25.5% vs 09-2025
11-2025: 2.7%▲ +4.7% vs 10-2025
12-2025: 3.5%▲ +26.4% vs 11-2025
01-2026: 6.3%▲ +80.9% vs 12-2025highest value
02-2026: 4.4%▼ -30.1% vs 01-2026
03-2026: 4.4%● 0.0% vs 02-2026
04-2026: 4.4%▲ +0.5% vs 03-2026
05-2026: 4.2%▼ -5.9% vs 04-2026
06-2026: 4.0%▼ -4.6% vs 05-2026
07-2026: 3.9%▼ -1.2% vs 06-2026
08-2026: 4.7%▲ +20.1% vs 07-2026
09-2026: 4.7%▼ -1.1% vs 08-2026
10-2026: 5.2%▲ +12.7% vs 09-2026
- 1 financial year not filed after the legal deadline; latest accounts 181 days late; 2 of the last 3 late raises the probability
- Founded in 2009 lowers the probability for this profile
- Loss of €47,538 (FY 2024) raises the probability
- Figures for FY 2024 (filed 30-01-2026) raises the probability
Credit up to €5,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.65 against 2.64 in 2023; short-term debt: 60.6% and cash: 14.1% of total assets), but 60.6% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 41, micro). Better than this share of them on solvency 47%, liquidity 31%, profitability 12%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-01-2026, 181 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
181 d late
2023
91 d late
2022
30 d late
2021
118 d late
2020
144 d late
2019
376 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 157 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet -€47,538
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 16
- Since
- 2016
- 28-01-2026Annual accounts filed
- 31-12-2024Weakest financial year
- 30-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- General construction of residential buildingsNACE 41001
- Founded
- 07-07-2009
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
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