HAVANI - CONSTRUCT
ActiveSummary
HAVANI - CONSTRUCT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €9k and a net result of €14k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency46▲+36
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.16 against 0.76 in 2023; short-term debt: 79.4% and cash: 9.3% of total assets), and 79.4% of the assets are financed with debt.
Credit check 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 · 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
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
20.6%
Return on assets
31.6%
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 28-08-2025, 28 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
28 d late
2023
21 d late
2022
17 d late
2021
16 d late
2020
20 d late
2019
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9k
2023 · €-5k
2018: €-498
2019: €-9k▼ -1738% vs 2018
2020: €-25k▼ -171% vs 2019
2021: €-25k● -0.0% vs 2020lowest in 7 years
2022: €-16k▲ +37.4% vs 2021
2023: €-5k▲ +68.6% vs 2022
2024: €9k▲ +287% vs 2023highest in 7 years
2018 → 2024
Total assets
€44k▲ 35.7%
2023 · €33k
2018: €40k
2019: €25k▼ -37.6% vs 2018
2020: €17k▼ -30.2% vs 2019
2021: €9k▼ -49.2% vs 2020lowest in 7 years
2022: €25k▲ +184% vs 2021
2023: €33k▲ +30.2% vs 2022
2024: €44k▲ +35.7% vs 2023highest in 7 years
2018 → 2024
Net result
€14k▲ 31.2%
2023 · €11k
2018: €6k
2019: €-9k▼ -255% vs 2018
2020: €-16k▼ -81.1% vs 2019lowest in 7 years
2021: €-159▲ +99.0% vs 2020
2022: €9k▲ +5947% vs 2021
2023: €11k▲ +14.9% vs 2022
2024: €14k▲ +31.2% vs 2023highest in 7 years
2018 → 2024
Working capital
€6k
2023 · €-9k
2018: €-2k
2019: €-11k▼ -450% vs 2018
2020: €-26k▼ -148% vs 2019
2021: €-27k▼ -4.5% vs 2020lowest in 7 years
2022: €-19k▲ +30.4% vs 2021
2023: €-9k▲ +52.6% vs 2022
2024: €6k▲ +163% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-25k-€-25k=€-16k▲ 37.4%€-5k▲ 68.6%€9k
2020: €-25k
2021: €-25k● -0.0% vs 2020lowest in 5 years
2022: €-16k▲ +37.4% vs 2021
2023: €-5k▲ +68.6% vs 2022
2024: €9k▲ +287% vs 2023highest in 5 years
Operating result€-16k-€-80▲ 99.5%€9k€11k▲ 14.2%€15k▲ 43.7%
2020: €-16klowest in 5 years
2021: €-80▲ +99.5% vs 2020
2022: €9k▲ +11888% vs 2021
2023: €11k▲ +14.2% vs 2022
2024: €15k▲ +43.7% vs 2023highest in 5 years
Net result€-16k-€-159▲ 99.0%€9k€11k▲ 14.9%€14k▲ 31.2%
2020: €-16klowest in 5 years
2021: €-159▲ +99.0% vs 2020
2022: €9k▲ +5947% vs 2021
2023: €11k▲ +14.9% vs 2022
2024: €14k▲ +31.2% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€3k ▼ 19.1%
Current assets
€41k ▲ 43.7%
Equity and liabilities €44k
Equity
€9k
Debt
€35k
Debt finances 79.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€16k▲
2023 · €11k
Cash flow
€15k▲
2023 · €11k
Current ratio
1.16▲
2023 · 0.76
Quick ratio
1.08▲
2023 · 0.65
Debt to equity
3.86▲
2023 · -7.68
ROE
153.6%
ROA
31.6%▼
2023 · 32.7%
Interest coverage
74.42▼
2023 · 132.40
Debt ≤ 1 year
€35k▼
2023 · €38k
Income taxes
€1k
Staff costs
€8▼
2023 · €384
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€33k€44k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€915€645▼
Financial fixed assets28€1k€1k=
Current assets29/58€28k€41k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€18k€33k▲
Trade receivables40€15k€29k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€6k€4k▼
Deferred charges and accrued income490/1€463€1k▲
Equity and liabilities
Total equity and liabilities10/49€33k€44k▲
Equity10/15€-5k€9k▲
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-19k€-5k▲
Amounts payable17/49€38k€35k▼
Amounts payable within one year42/48€38k€35k▼
Trade debts44€92€2k▲
Suppliers440/4€92€2k▲
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€413-
Remuneration and social security454/9€12k€10k▼
Other amounts payable47/48€25k€23k▼
Income statement
Code20232024
Remuneration, social security and pensions62€384€8▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€720€796▲
Other operating charges640/8€229€622▲
Gross operating margin9900€12k€17k▲
Operating profit (loss)9901€11k€15k▲
Financial charges65/66B€87€218▲
Recurring financial charges65€87€218▲
Profit (loss) for the period before taxes9903€11k€15k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€11k€14k▲
Profit (loss) for the period to be appropriated9905€11k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-5k▲
Profit (loss) brought forward from the previous period14P€-30k€-19k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €348 | €384 | €8 | ▼ 98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €98 | €421 | €720 | €796 | ▲ 10.6% |
| Other operating charges640/8 | - | €594 | €212 | €229 | €622 | ▲ 171% |
| Gross operating margin9900 | €-15k | €612 | €10k | €12k | €17k | ▲ 39.6% |
| Operating profit (loss)9901 | €-16k | €-80 | €9k | €11k | €15k | ▲ 43.7% |
| Financial income75/76B | - | €1 | €5 | - | - | - |
| Recurring financial income75 | €0 | €1 | €5 | - | - | - |
| Financial charges65/66B | - | €80 | €136 | €87 | €218 | ▲ 152% |
| Recurring financial charges65 | €63 | €80 | €136 | €87 | €218 | ▲ 152% |
| Profit (loss) for the period before taxes9903 | €-16k | €-159 | €9k | €11k | €15k | ▲ 42.8% |
| Income taxes67/77 | - | - | - | - | €1k | - |
| Profit (loss) for the period9904 | €-16k | €-159 | €9k | €11k | €14k | ▲ 31.2% |
| Profit (loss) for the period to be appropriated9905 | €-16k | €-159 | €9k | €11k | €14k | ▲ 31.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17k | €9k | €25k | €33k | €44k | ▲ 35.7% |
| Fixed assets21/28 | €1k | €3k | €4k | €4k | €3k | ▼ 19.1% |
| Tangible fixed assets22/27 | - | €1k | €2k | €3k | €2k | ▼ 29.0% |
| Plant, machinery and equipment23 | - | €1k | €926 | €2k | €1k | ▼ 28.8% |
| Furniture and vehicles24 | - | - | €1k | €915 | €645 | ▼ 29.5% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €16k | €6k | €22k | €28k | €41k | ▲ 43.7% |
| Stocks and contracts in progress3 | €4k | €4k | €4k | €4k | €3k | ▼ 29.6% |
| Stocks30/36 | - | €4k | €4k | €4k | €3k | ▼ 29.6% |
| Amounts receivable within one year40/41 | €6k | €752 | €15k | €18k | €33k | ▲ 78.3% |
| Trade receivables40 | - | €691 | €14k | €15k | €29k | ▲ 91.1% |
| Other amounts receivable41 | - | €61 | €359 | €3k | €3k | ▲ 10.2% |
| Cash at bank and in hand54/58 | €5k | €218 | €2k | €6k | €4k | ▼ 25.6% |
| Deferred charges and accrued income490/1 | - | €1k | €934 | €463 | €1k | ▲ 172% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17k | €9k | €25k | €33k | €44k | ▲ 35.7% |
| Equity10/15 | €-25k | €-25k | €-16k | €-5k | €9k | ▲ 287% |
| Contributions10/11 | - | €13k | €13k | €13k | €13k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-39k | €-39k | €-30k | €-19k | €-5k | ▲ 72.0% |
| Amounts payable17/49 | €42k | €34k | €41k | €38k | €35k | ▼ 6.3% |
| Amounts payable within one year42/48 | €42k | €34k | €41k | €38k | €35k | ▼ 6.3% |
| Trade debts44 | €1k | €46 | €1k | €92 | €2k | ▲ 2,194% |
| Suppliers440/4 | - | €46 | €1k | €92 | €2k | ▲ 2,194% |
| Taxes, remuneration and social security45 | - | €6k | €12k | €12k | €10k | ▼ 16.3% |
| Taxes450/3 | - | €43 | €16 | €413 | - | - |
| Remuneration and social security454/9 | - | €6k | €12k | €12k | €10k | ▼ 13.3% |
| Other amounts payable47/48 | - | €28k | €27k | €25k | €23k | ▼ 9.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-16k | €-159 | €9k | €11k | €14k | ▲ 31.2% |
| + Depreciation and write-downs630 | - | €98 | €421 | €720 | €796 | ▲ 10.6% |
| Operating cash flow (approximation) | €-16k | €-61 | €10k | €11k | €15k | ▲ 29.9% |
| Investment in fixed assets (approximation) | - | €-1k | €-1k | €-1k | €0 | ▲ 100% |
| Change in cash | - | €-5k | €2k | €4k | €-1k | ▼ 140% |
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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Highest result since 2018net €14k ▲31.2%
Operating result €15k, net result €14k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
22-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Geraardsbergen · 2 establishment units since 1999
Ground area
3,141 m²
Building footprint
657 m²
Volume, LiDAR
3,111 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
HAVANI-CONSTRUCT
since 19992.092.354.336
Café Tourmalet
since 20262.385.637.893
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41079B0747/00D000 | Flanders | 2,406 m² | 1 · 470 m² | 8.2 m · 1 fl. |
| 41059A0678/00Y000 | Flanders | 735 m² | 1 · 187 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 8,921 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
56301Cafés and bars
Contact
E-mail
cafetourmalet2026@gmail.comGeraardsbergen
Scores and ratios are computed by Checked and are not a credit decision.