HARDY CONSTRUCTION
InactiveHARDY CONSTRUCTION was declared bankrupt on 09-08-2022 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed by liquidation by judgment of 01-12-2025, published in the Belgian State Gazette on 05-12-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 26-04-2022, 85 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 filed
2024
not filed
2023
not filed
2022
not filed
2021
85 d late
2020
450 d late
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 161 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
Financials · fiscal year 2021, full schema
Turnover
€35,588▼ 72.1%
2020 · €127,568
EBIT margin
-69.1%▼ 57.6pp
2020 · -11.5%
Net result
-€64,591▼ 334%
2020 · -€14,877
Working capital
-€18,210
2020 · €20,177
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Turnover€174,041-€127,568▼ 26.7%€35,588▼ 72.1%
Operating result€37,277--€14,687-€24,583▼ 67.4%
Net result€37,107--€14,877-€64,591▼ 334%
EBIT margin21.4%--11.5%▼ 32.9pp-69.1%▼ 57.6pp
Equity€146,462-€43,881▼ 70.0%-€20,710
Total assets€148,962-€47,553▼ 68.1%€2,392▼ 95.0%
Debt€1,172€20,602▲ 1,657%
Working capital€20,177-€18,210
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24,583 in 2021 against €14,687 in 2020; the loss grows and 2021 has the lowest result in the available series.
Key figures and ratios
Debt ≤ 1 year
€20,602▲
2020 · €1,172
Income taxes
€13,048
Ratios withheld: a balance sheet total of €2,392 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Turnover70 | €174,041 | €127,568 | €35,588 | ▼ 72.1% |
| Goods, raw materials, services and sundry goods60/61 | - | €136,301 | €59,295 | ▼ 56.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,687 | €5,452 | - | - |
| Other operating charges640/8 | - | €501 | €876 | ▲ 74.6% |
| Gross operating margin9900 | €43,686 | -€8,733 | -€23,707 | ▼ 171% |
| Operating profit (loss)9901 | €37,277 | -€14,687 | -€24,583 | ▼ 67.4% |
| Financial income75/76B | - | €0 | - | - |
| Recurring financial income75 | - | €0 | - | - |
| Financial charges65/66B | - | €191 | €26,959 | ▲ 14,032% |
| Recurring financial charges65 | €170 | €191 | €755 | ▲ 296% |
| Non-recurring financial charges66B | - | - | €26,204 | - |
| Profit (loss) for the period before taxes9903 | €37,107 | -€14,877 | -€51,542 | ▼ 246% |
| Income taxes67/77 | - | - | €13,048 | - |
| Profit (loss) for the period9904 | €37,107 | -€14,877 | -€64,591 | ▼ 334% |
| Profit (loss) for the period to be appropriated9905 | €37,107 | -€14,877 | -€64,591 | ▼ 334% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €148,962 | €47,553 | €2,392 | ▼ 95.0% |
| Fixed assets21/28 | €31,186 | €26,204 | - | - |
| Intangible fixed assets21 | €30,600 | €25,500 | - | - |
| Tangible fixed assets22/27 | €586 | €704 | - | - |
| Plant, machinery and equipment23 | - | €704 | - | - |
| Current assets29/58 | €117,776 | €21,349 | €2,392 | ▼ 88.8% |
| Amounts receivable within one year40/41 | €96,617 | €14,418 | €1,011 | ▼ 93.0% |
| Trade receivables40 | - | €12,862 | - | - |
| Other amounts receivable41 | - | €1,556 | €1,011 | ▼ 35.1% |
| Cash at bank and in hand54/58 | €1,200 | €6,931 | €1,381 | ▼ 80.1% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €148,962 | €47,553 | €2,392 | ▼ 95.0% |
| Equity10/15 | €146,462 | €43,881 | -€20,710 | ▼ 147% |
| Contributions10/11 | €28,245 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | = |
| Issued capital100 | - | €18,592 | €18,592 | = |
| Reserves13 | €63,099 | €63,099 | €63,099 | = |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | = |
| Legal reserve130 | - | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | - | €56,902 | €56,902 | = |
| Profit (loss) carried forward14 | €55,118 | -€37,810 | -€102,401 | ▼ 171% |
| Provisions and deferred taxes16 | €2,500 | €2,500 | €2,500 | = |
| Provisions for liabilities and charges160/5 | - | €2,500 | €2,500 | = |
| Major repairs and maintenance162 | - | €2,500 | €2,500 | = |
| Amounts payable17/49 | - | €1,172 | €20,602 | ▲ 1,657% |
| Amounts payable within one year42/48 | - | €1,172 | €20,602 | ▲ 1,657% |
| Trade debts44 | - | €1,172 | €20,602 | ▲ 1,657% |
| Suppliers440/4 | - | €1,172 | €20,602 | ▲ 1,657% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,107 | -€14,877 | -€64,591 | ▼ 334% |
| + Depreciation and write-downs630 | €5,687 | €5,452 | - | - |
| Operating cash flow (approximation) | €42,794 | -€9,425 | -€64,591 | ▼ 585% |
| Investment in fixed assets (approximation) | - | -€470 | - | - |
| Change in cash | - | €5,730 | -€5,550 | ▼ 197% |
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
2025
05-12
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 01-12-2025
2022
17-08
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 09-08-2022
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 85 days late
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 450 days late
2021
30-06
Financial
Weakest financial yearnet -€64,591
Net result drops to -€64,591, the lowest in the series.
2019
10-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
10-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 313 days late
2018
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 40 days late
2016
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
24-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
2013
22-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 118 days late
23-01
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DAVID CORNIL RUE DE GOZéE 137, 6110 MONTIGNY-
LE-TILLEUL- .
Date provisoire de cessation de paiement : 09/08/2022 |
09-08-2022 → 01-12-2025 |