Hassconstruct
ActiveHassconstruct has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €79k and a net result of €-15k. Equity is growing by ~53.1% per year across the filed fiscal years. Its solvency ranks better than 85% of 9688 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency100▲+35
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 4.75 against 1.8 in 2023), and 19.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
80.3%
Return on assets
-14.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
19 d early
2022
3 d early
2021
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€79k▼ 15.5%
2023 · €93k
2021: €88
2022: €34k
2023: €93k
2021 → 2024
Total assets
€98k▼ 68.3%
2023 · €310k
2021: €206k
2022: €383k
2023: €310k
2021 → 2024
Net result
€-15k
2023 · €60k
2021: €-5k
2022: €33k
2023: €60k
2021 → 2024
Working capital
€73k▼ 45.7%
2023 · €134k
2021: €88
2022: €34k
2023: €134k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€88-€34k▲ 37,792%€93k▲ 179%€79k▼ 15.5%
Operating result€-4k-€42k€87k▲ 106%€-15k
Net result€-5k-€33k€60k▲ 79.1%€-15k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €15k after €87k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €98k
Fixed assets
€6k▼ 34.6%
Current assets
€92k▼ 69.4%
Equity and liabilities €98k
Equity
€79k▼ 15.5%
Debt
€19k▼ 91.1%
The debt ratio falls from 69.9% to 19.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-11k▼
2023 · €87k
Cash flow
€-11k▼
2023 · €60k
Solvency
80.3%▲
2023 · 30.1%
Current ratio
4.75▲
2023 · 1.80
Quick ratio
4.09▲
2023 · 1.80
Debt / equity
0.25▼
2023 · 2.32
ROE
-18.4%▼
2023 · 64.1%
ROA
-14.8%▼
2023 · 19.3%
Interest coverage
-174.51▼
2023 · 19.16
Debt
€19k▼
2023 · €217k
Debt ≤ 1 year
€19k▼
2023 · €167k
Income taxes
€0▼
2023 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€310k€98k▼
Fixed assets21/28€10k€6k▼
Tangible fixed assets22/27€10k€6k▼
Furniture and vehicles24€10k€6k▼
Current assets29/58€300k€92k▼
Stocks and contracts in progress3€0€13k▲
Stocks30/36€0€13k▲
Amounts receivable within one year40/41€62k€44k▼
Trade receivables40€10k€9k▼
Other amounts receivable41€52k€35k▼
Cash at bank and in hand54/58€233k€35k▼
Deferred charges and accrued income490/1€5k€504▼
Equity and liabilities
Total equity and liabilities10/49€310k€98k▼
Equity10/15€93k€79k▼
Contributions10/11€5k€5k=
Reserves13€60k€60k=
Distributable reserves133€60k€60k=
Profit (loss) carried forward14€29k€14k▼
Amounts payable17/49€217k€19k▼
Amounts payable within one year42/48€167k€19k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€16k€12k▼
Suppliers440/4€16k€12k▼
Taxes, remuneration and social security45€125k€0▼
Taxes450/3€125k€0▼
Other amounts payable47/48€26k€8k▼
Accrued charges and deferred income492/3€50k€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€356€3k▲
Other operating charges640/8€605€613▲
Gross operating margin9900€88k€-11k▼
Operating profit (loss)9901€87k€-15k▼
Financial income75/76B€255€194▼
Recurring financial income75€255€194▼
Financial charges65/66B€5k€65▼
Recurring financial charges65€5k€65▼
Profit (loss) for the period before taxes9903€82k€-15k▼
Income taxes67/77€22k€0▼
Profit (loss) for the period9904€60k€-15k▼
Profit (loss) for the period to be appropriated9905€60k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€88k€14k▼
Profit (loss) brought forward from the previous period14P€29k€29k=
Transfer to equity691/2€60k€0▼
To other reserves6921€60k€0▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-15k ▼124%
Net result drops to €-15k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 4.75
Current ratio from 1.80 to 4.75; short-term debt falls from €167k to €19k.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €60k ▲79.1%
Operating result €87k, net result €60k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hasselt · 1 establishment unit since 2020
Ground area
2,539 m²
Building footprint
1,358 m²
Parcel 71322A0267/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
Hassconstruct
since 20202.305.523.021
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0267/00W000 | Flanders | 2,539 m² | 1 · 1,358 m² | - |
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.
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
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Of 9,639 companies in sector 68121 we hold annual accounts for 7,325. 5,200 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-07-2020
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
41003General construction of other non-residential buildings
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.