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HD CONSTRUCT

Active
Private limited companyfounded 2016active for 9 yearsRue de l'U.R.S.S. 46, 7080 Frameries, BelgiumKBO/BCE: BE 0665.844.325
Summary

HD CONSTRUCT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50,936 and a net result of €35,170. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 9,806 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Overview

Activity
Roofing work
NACE 43410Bricklaying and masonry work NACE 43910
7th largest employer in Frameries, Construction sector1 site
Size
€317,027total assets 2025
Staff
12.3 FTE
Equity
€50,936
Profit
€35,170
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.0%
Structure
2025 accounts filed 27 days late1 of 2 deeds summarised
Why 67raises riskSize: 12.3 FTE, total assets €317,027Equity €50,936 (16.1% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 27-08-2026)Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 58% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Average
Solvency 41+10
equity 16.1% of total assets
Liquidity 39+14
short-term debt 65.6% · cash 19.2%
Profitability 83-12
return on assets 11.1%
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,647 companies, NACE 43, small)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 2.0%▲ +0.2 percentage points vs 03-2025 05-2025: 1.9%▼ -0.1 percentage points vs 04-2025 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.7%▲ +0.7 percentage points vs 07-2025 09-2025: 2.0%▼ -0.7 percentage points vs 08-2025 10-2025: 2.0%● unchanged vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.0%● unchanged vs 11-2025 01-2026: 2.0%● unchanged vs 12-2025 02-2026: 2.0%● unchanged vs 01-2026 03-2026: 2.0%● unchanged vs 02-2026 04-2026: 2.1%▲ +0.1 percentage points vs 03-2026 05-2026: 2.0%▼ -0.1 percentage points vs 04-2026 06-2026: 1.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.3 percentage points vs 06-2026 08-2026: 3.0%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 1.0%▼ -2.0 percentage points vs 08-2026lowest value 10-2026: 1.0%● unchanged vs 09-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 0.9 in 2024, below 1; short-term debt: 65.6% and cash: 19.2% of total assets), and 83.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 17% on solvency, 39% on liquidity, 77% on profitability and 99% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises risk
raises risk · Size: 12.3 FTE, total assets €317,027
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €50,936 (16.1% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 27-08-2026)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9806 sector peers (2025).
NBB · sector comparison
Position among 9806 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
27 days late
2024
22 days late
2023
30 days late
2022
25 days late
2021
32 days early
2020
5 days late
2019
42 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (27 days) Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00448264.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€35,170▼ 33.2%
2024 · €52,652
Working capital
-€2,463▲ 85.9%
2024 · -€17,458
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 17% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€51,813 2025 Net result€35,170 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€27,004-€43,256▲ 60.2%-€46,674-€114,722▼ 146%-€25,073▲ 78.1%€119,558€62,339▼ 47.9%€51,813▼ 16.9%
Net result€19,263-€34,762▲ 80.5%-€55,487below the sector's middle half-€125,578below the sector's middle half▼ 126%-€33,788below the sector's middle half▲ 73.1%€109,745within the sector's middle half€52,652within the sector's middle half▼ 52.0%€35,170within the sector's middle half▼ 33.2%
Equity€33,460-€68,222▲ 104%€12,735below the sector's middle half▼ 81.3%-€112,843below the sector's middle half-€146,631below the sector's middle half▼ 29.9%-€36,886below the sector's middle half▲ 74.8%€15,766below the sector's middle half€50,936below the sector's middle half▲ 223%
Total assets€150,150-€596,629▲ 297%€464,676within the sector's middle half▼ 22.1%€404,449within the sector's middle half▼ 13.0%€316,265within the sector's middle half▼ 21.8%€344,936within the sector's middle half▲ 9.1%€246,385below the sector's middle half▼ 28.6%€317,027within the sector's middle half▲ 28.7%
Debt€116,690-€528,406▲ 353%€451,941▼ 14.5%€517,292▲ 14.5%€462,897▼ 10.5%€381,822▼ 17.5%€230,619▼ 39.6%€266,092▲ 15.4%
Working capital€11,994-€32,660▲ 172%€11,452below the sector's middle half▼ 64.9%-€119,063below the sector's middle half-€141,041below the sector's middle half▼ 18.5%-€24,346below the sector's middle half▲ 82.7%-€17,458below the sector's middle half▲ 28.3%-€2,463below the sector's middle half▲ 85.9%
Solvency22.3%-11.4%▼ 10.8pp2.7%below the sector's middle half▼ 8.7pp-27.9%below the sector's middle half▼ 30.6pp-46.4%below the sector's middle half▼ 18.5pp-10.7%below the sector's middle half▲ 35.7pp6.4%below the sector's middle half▲ 17.1pp16.1%below the sector's middle half▲ 9.7pp
Current ratio1.11-1.10▼ 0.011.04below the sector's middle half▼ 0.060.68below the sector's middle half▼ 0.360.62below the sector's middle half▼ 0.060.93below the sector's middle half▲ 0.310.90below the sector's middle half▼ 0.030.99below the sector's middle half▲ 0.09
Return on assets (ROA)12.8%-5.8%▼ 7.0pp-11.9%below the sector's middle half▼ 17.8pp-31.0%below the sector's middle half▼ 19.1pp-10.7%below the sector's middle half▲ 20.4pp31.8%above the sector's middle half▲ 42.5pp21.4%above the sector's middle half▼ 10.4pp11.1%within the sector's middle half▼ 10.3pp
Staff (FTE)7.1-10.4▲ 46.5%10.6within the sector's middle half▲ 1.9%14.9within the sector's middle half▲ 40.6%14.1within the sector's middle half▼ 5.4%9.8within the sector's middle half▼ 30.5%9.9within the sector's middle half▲ 1.0%12.3above the sector's middle half▲ 24.2%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €317,027
Fixed assets €111,656 ▲ 21.3%
Current assets €205,371 ▲ 33.1%
Equity and liabilities €317,027
Equity €50,936 ▲ 223%
Debt €266,092 ▲ 15.4%
Debt's share of the balance-sheet total falls from 93.6% to 83.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,623▲
2024 · €79,079
Cash flow
€82,979▲
2024 · €69,392
Debt to equity
5.22▼
2024 · 14.63
ROE
69.0%▼
2024 · 334.0%
Interest coverage
13.94▲
2024 · 8.37
Debt ≤ 1 year
€207,834▲
2024 · €171,765
Debt > 1 year
€52,567▲
2024 · €47,577
Income taxes
€10,636▲
2024 · €240
Staff costs
€616,518▲
2024 · €482,804
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97.3% are still going.

  • Small
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.3% went bankrupt
1.2% stopped otherwise
97.3% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€246,385€317,027▲
Fixed assets21/28€92,077€111,656▲
Tangible fixed assets22/27€86,094€105,673▲
Plant, machinery and equipment23€8,109€13,064▲
Furniture and vehicles24€69,955€74,040▲
Leasing and similar rights25€8,030€18,569▲
Financial fixed assets28€5,983€5,983=
Current assets29/58€154,308€205,371▲
Amounts receivable within one year40/41€117,264€132,710▲
Trade receivables40€82,838€102,143▲
Other amounts receivable41€34,427€30,568▼
Cash at bank and in hand54/58€24,468€60,847▲
Deferred charges and accrued income490/1€12,575€11,814▼
Equity and liabilities
Total equity and liabilities10/49€246,385€317,027▲
Equity10/15€15,766€50,936▲
Contributions10/11€12,600€12,600=
Reserves13€54,105€54,105=
Distributable reserves133€54,105€54,105=
Profit (loss) carried forward14-€50,939-€15,769▲
Amounts payable17/49€230,619€266,092▲
Amounts payable after more than one year17€47,577€52,567▲
Financial debts170/4€47,577€52,567▲
Amounts payable within one year42/48€171,765€207,834▲
Current portion of amounts payable after more than one year42€36,393€35,839▼
Trade debts44€88,045€86,078▼
Suppliers440/4€88,045€86,078▼
Advances received on contracts in progress46€19,740€45,457▲
Taxes, remuneration and social security45€14,173€40,460▲
Taxes450/3€3,453€12,215▲
Remuneration and social security454/9€10,720€28,246▲
Other amounts payable47/48€13,414€0▼
Accrued charges and deferred income492/3€11,277€5,691▼
Income statement Code20242025
Non-recurring operating income76A€11,300-
Remuneration, social security and pensions62€482,804€616,518▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,740€47,809▲
Other operating charges640/8€6,721€3,760▼
Non-recurring operating charges66A-€1,133
Gross operating margin9900€568,604€721,033▲
Operating profit (loss)9901€62,339€51,813▼
Financial income75/76B€2€1,140▲
Recurring financial income75€2€1,140▲
Financial charges65/66B€9,449€7,148▼
Recurring financial charges65€9,449€7,148▼
Profit (loss) for the period before taxes9903€52,892€45,806▼
Income taxes67/77€240€10,636▲
Profit (loss) for the period9904€52,652€35,170▼
Profit (loss) for the period to be appropriated9905€52,652€35,170▼
Appropriation of the result
Profit (loss) to be appropriated9906-€50,939-€15,769▲
Profit (loss) brought forward from the previous period14P-€103,591-€50,939▲
Social balance sheet
Average headcount (FTE)90879.912.3▲

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€11,300--
Remuneration, social security and pensions62---€538,301€548,905€402,401€482,804€616,518▲ 27.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,131€66,804€64,230€66,292€65,658€65,832€16,740€47,809▲ 186%
Other operating charges640/8---€4,343€2,723€14,305€6,721€3,760▼ 44.1%
Non-recurring operating charges66A----€708--€1,133-
Gross operating margin9900€178,130€471,605€395,390€494,214€592,921€602,096€568,604€721,033▲ 26.8%
Operating profit (loss)9901€27,004€43,256-€46,674-€114,722-€25,073€119,558€62,339€51,813▼ 16.9%
Financial income75/76B---€0€635€1,167€2€1,140▲ 491×
Recurring financial income75€13€42-€0€635€1,167€2€1,140▲ 491×
Financial charges65/66B---€10,198€9,005€10,598€9,449€7,148▼ 24.4%
Recurring financial charges65€1,623€4,471€8,813€10,198€9,005€10,598€9,449€7,148▼ 24.4%
Profit (loss) for the period before taxes9903€25,394€38,827-€55,487-€124,919-€33,443€110,126€52,892€45,806▼ 13.4%
Income taxes67/77€6,131€4,065-€659€346€381€240€10,636▲ 44×
Profit (loss) for the period9904€19,263€34,762-€55,487-€125,578-€33,788€109,745€52,652€35,170▼ 33.2%
Profit (loss) for the period to be appropriated9905€19,263€34,762-€55,487-€125,578-€33,788€109,745€52,652€35,170▼ 33.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€150,150€596,629€464,676€404,449€316,265€344,936€246,385€317,027▲ 28.7%
Fixed assets21/28€31,213€239,796€175,566€152,877€88,896€27,237€92,077€111,656▲ 21.3%
Tangible fixed assets22/27€31,113€239,696€175,466€146,894€82,913€21,254€86,094€105,673▲ 22.7%
Plant, machinery and equipment23---€17,925€10,043€4,670€8,109€13,064▲ 61.1%
Furniture and vehicles24---€3,651€3,230€2,622€69,955€74,040▲ 5.8%
Leasing and similar rights25---€125,317€69,640€13,962€8,030€18,569▲ 131%
Financial fixed assets28€100€100€100€5,983€5,983€5,983€5,983€5,983=
Current assets29/58€118,937€356,832€289,110€251,573€227,370€317,699€154,308€205,371▲ 33.1%
Amounts receivable within one year40/41€44,558€298,255€227,847€151,763€159,351€185,223€117,264€132,710▲ 13.2%
Trade receivables40---€112,731€129,128€159,663€82,838€102,143▲ 23.3%
Other amounts receivable41---€39,032€30,223€25,560€34,427€30,568▼ 11.2%
Cash at bank and in hand54/58€66,165€51,322€55,449€89,260€45,280€123,816€24,468€60,847▲ 149%
Deferred charges and accrued income490/1---€10,550€22,739€8,660€12,575€11,814▼ 6.0%
Equity and liabilities
Total equity and liabilities10/49€150,150€596,629€464,676€404,449€316,265€344,936€246,385€317,027▲ 28.7%
Equity10/15€33,460€68,222€12,735-€112,843-€146,631-€36,886€15,766€50,936▲ 223%
Contributions10/11€12,600€12,600-€12,600€12,600€12,600€12,600€12,600=
Reserves13€19,343€54,105€54,105€54,105€54,105€54,105€54,105€54,105=
Non-distributable reserves130/1---€1,134€1,134----
Reserves not available under the articles1311---€1,134€1,134----
Distributable reserves133---€52,971€52,971€54,105€54,105€54,105=
Profit (loss) carried forward14€1,517€1,517-€53,970-€179,548-€213,336-€103,591-€50,939-€15,769▲ 69.0%
Amounts payable17/49€116,690€528,406€451,941€517,292€462,897€381,822€230,619€266,092▲ 15.4%
Amounts payable after more than one year17€9,734€201,661€173,348€145,550€93,142€32,181€47,577€52,567▲ 10.5%
Financial debts170/4---€145,550€93,142€32,181€47,577€52,567▲ 10.5%
Amounts payable within one year42/48€106,943€324,173€277,658€370,636€368,411€342,044€171,765€207,834▲ 21.0%
Current portion of amounts payable after more than one year42---€53,629€52,408€60,961€36,393€35,839▼ 1.5%
Financial debts43---€80,000€70,000€75,000---
Credit institutions430/8---€80,000€70,000€75,000---
Trade debts44€65,368€236,467€103,227€151,374€163,631€159,747€88,045€86,078▼ 2.2%
Suppliers440/4---€151,374€163,631€159,747€88,045€86,078▼ 2.2%
Advances received on contracts in progress46------€19,740€45,457▲ 130%
Taxes, remuneration and social security45---€68,863€65,784€30,777€14,173€40,460▲ 185%
Taxes450/3---€7,949€2,489€27,986€3,453€12,215▲ 254%
Remuneration and social security454/9---€60,914€63,295€2,790€10,720€28,246▲ 163%
Other amounts payable47/48---€16,770€16,588€15,559€13,414€0▼ 100%
Accrued charges and deferred income492/3---€1,106€1,344€7,597€11,277€5,691▼ 49.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€19,263€34,762-€55,487-€125,578-€33,788€109,745€52,652€35,170▼ 33.2%
+ Depreciation and write-downs630€15,131€66,804€64,230€66,292€65,658€65,832€16,740€47,809▲ 186%
Operating cash flow (approximation)€34,394€101,566€8,743-€59,286€31,869€175,577€69,392€82,979▲ 19.6%
Investment in fixed assets (approximation)--€275,387€0-€43,603-€1,677-€4,173-€81,580-€67,388▲ 17.4%
Change in cash--€14,843€4,127€33,810-€43,980€78,536-€99,347€36,378-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 abbreviated format 27-08-2026 2026-00448264
31-12-2024 full format 22-08-2025 2025-00400326
31-12-2023 full format 30-08-2024 2024-00436822
31-12-2022 full format 25-08-2023 2023-00363380
31-12-2021 full format 29-06-2022 2022-20115884
31-12-2020 full format 05-08-2021 2021-46500128
31-12-2019 micro format 11-09-2020 2020-53000465
31-12-2018 micro format 26-07-2019 2019-40000034
31-12-2017 micro format 11-07-2018 2018-31800384

Similar companies · same sector, comparable size

Of the 8,460 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,441. 3,764 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
Djavid Hamidi
Director (not named in the articles) · since 01-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Djavid Hamidi
  • Manager, until 01-12-2023
  • Director (not named in the articles), from 01-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 01-12-2023 Converted to unavailable equity · €13,734.05

Group and network

Connections & network

1 connected company
Depth

The connected companies are in the list below.

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History

HD CONSTRUCT was incorporated on 9 November 2016.1 Total assets rose from €150,150 in 2018 to €317,027 in 2025 and headcount from 7.1 to 12.3 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 27 days late
2025
22-08
NBB filing Annual accounts filed
financial year 2024 · full format · 22 days late
2024
30-08
NBB filing Annual accounts filed
financial year 2023 · full format · 30 days late
2023
31-12
Financial Back to profitnet €109,745
Net result €109,745 after 3 loss-making years.
01-12
Gazette deed Resignation: HAMIDI Djavid (manager)
Appointment: HAMIDI Djavid (director) · Amendment of the articles · Capital conversion12 facts ▸
  • General meeting, 27-11-2023
  • Amendment of the articles (2 times)
  • Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Reserve release, “unanimité des voix, suppression” (deed in French)
  • Capital
  • Other provision, “compte de capitaux propres statutairement indisponible” (deed in French)
  • Director resignation, HAMIDI Djavid (manager)
  • Director appointment, HAMIDI Djavid (director (not named in the articles))
  • Director discharge, HAMIDI Djavid (gérant démissionnaire)
  • Registered office clause, “7080 Frameries, rue de l'U.R.S.S. 46” (deed in French)
  • Other provision, “siège d’exploitation, confirmation” (deed in French)
  • Other provision, “info@HDConstruct.be, site internet et e-mail” (deed in French)
25-08
NBB filing Annual accounts filed
financial year 2022 · full format · 25 days late
2022
29-06
NBB filing Annual accounts filed
financial year 2021 · full format
2021
31-12
Financial Weakest financial yearnet -€125,578
Net result drops to -€125,578, the lowest in the series; recovery starts the following year.
05-08
NBB filing Annual accounts filed
financial year 2020 · full format · 5 days late
2020
11-09
NBB filing Annual accounts filed
financial year 2019 · micro format · 42 days late
2019
26-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
11-07
NBB filing Annual accounts filed
financial year 2017 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded09-11-2016
Financial year end31-12
Activities, NACEBEL 2025
43410Roofing work
Contact
E-mail info@HDConstruct.be
E-invoicing
Reachable via Peppol
Peppol ID 0208:0665844325
Registered 26-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0665.844.325

Recognitions · licences · registrations

Recognised contractor

4 categories
HD Construct SRLapproval no. 43411
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D8 Asphalt and similar roof coverings, waterproofingclass 1, up to €162,000
  • D12 Non-metal, non-asphalt roof coveringsclass 1, up to €162,000
  • D22 Metal roofing and zinc workclass 1, up to €162,000
decision 11-01-2024

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Frameries · 1 establishment unit since 2016
registered office establishment approximate The establishment unit on the map
Ground area
657 m²
Building footprint
95 m²
Building volume
768 m³
2 parcels, Wallonia · tallest building 11.0 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
HD Construct
Rue Montavaux 122, 7080 FrameriesRoofing work
since 2016unit no. 2.258.148.023
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
53028A0379/00A003 Wallonia 489 m² 1 · 49 m² 11.0 m · 3
53028A0344/00M000 Wallonia 168 m² 1 · 46 m² 9.9 m · 2
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Les travaux de terrassement (travaux de forage,de sondage,de fonçage de puits,de rabattement de la nappe de pieux et de pal planches et…” (deed in French)
23 activities (deed in French)
  1. Les travaux de terrassement (travaux de forage,de sondage,de fonçage de puits,de rabattement de la nappe de pieux et de pal planches et travaux de consolidation du sol par tous systèmes)
  2. Les travaux de drainage (y compris le curage de cours d'eau non navigables,la création et l'entretien d'étangs,de rivières et cours d'eau),les autres travaux de terrassement
  3. Les travaux de route et de construction d'ouvrage d'art non métalliques (construction,réfection et entretien des routes,de pistes cyclables,des aires et pistes d'aviation,des ouvrages d'art non métalliques à l'exception des travaux maritimes et fluviaux comme des ponts et des viaducs,des tunnels pour routes et chemin de fer,des châteaux d'eau,des silos,des réservoirs,des citernes,des piscines de natation,des parcs à charbon,de fosses à cendrées,de plaques tournantes,des ponts à percer,des murs de soutènement,etc...y compris les travaux d'égouts,lapse des câbles et canalisations diverses (localisation de câbles à haute tension et de tuyaux,canalisation pour la distribution d'eau et de gaz,pose de câbles électriques divers)
  4. Les travaux de voies ferrées (construction,installation et entretien des chemins de fer et autres voies ferrées)
  5. L'aménagement et l'entretien de terrain divers (aménagement et entretien de plaines de jeux et de sport,de parcs et jardins y compris les travaux de plantation,le placement de clôtures et palissades
  6. La signalisation routière (installation et entretien de signalisation routière et marquage de routes)
  7. Les travaux de gros-oeuvre (construction de bâtiments gros-oeuvre et mise sous toit ainsi que le coffrage et ferraillage)
  8. Les activités générales de la construction (activités relatives à l'exécution totale ou partielle de travaux de parachèvement ou de coordination de ceux-ci lors de leur exécution par des sous-traitants,y compris la construction d'habitation préfabriquée)
  9. La construction de cheminée et de fours (construction de cheminées d'usine,de fours industriels et autres ouvrages analogues,maçonnerie de chaudières et placement de tous produits réfractaires)
  10. Les travaux de démolition (travaux de démolition de bâtiments et d'ouvrages d'art,ainsi que l'arasement et le déblayage) les travaux de rejointoiement
  11. La couverture de constructions et travaux hydrofuges (couvertures et tuiles,en chaume,en ardoises naturelles et artificielles,en tôles d'acier et en asbeste-ciment,les métaux non ferreux exceptés,travaux d'étanchéité et de revêtement de constructions par asphaltage et bitume,entre autres les couvertures de toiture à base d'asphaltes ou à base de produits hydrocarbonés,éventuellement en combinaison avec métaux,travaux d'assèchement de constructions autres que le bitume et l'asphalte)
  12. L'isolation thermique et acoustique
  13. Les revêtements de murs et de sols (travaux de carrelage et de mosaïque et tous autres revêtements de murs et de sols,de bois excepté)
  14. Les travaux de plafonnage (travaux de plafonnage,de cimentage et de tous autres produits,crépissage,pose de chape de travaux de tuc et staff)
  15. Les travaux de pierre de taille et de marbrerie et travaux de restauration (placement de monuments funéraires,restauration,nettoyage et pavage de bâtiments,façades et monuments,pose de marbrerie du bâtiment et de pierres de taille,installation de cheminées ornementales et autres ornementations en marbre ou en pierre)
  16. La charpenterie,la menuiserie et la menuiserie métallique (charpenterie et menuiserie du bâtiment,placement de serrurerie et de quincaillerie du bâtiment,placement de portes et de plinthes en matière plastique,placement de volets en bois et matière plastique,pose de parquets et de tous revêtements en bois,des murs et du sous-sol,pose de cloisons et de faux plafonds en bois,placement de ferronnerie,de volets et de menuiserie métallique,ainsi que le placement de grilles,de portes rétractables et roulantes et de stores extérieurs,recouvrement de murs,de plafonds par application d'éléments métalliques)
  17. Les travaux de vitrerie (pose de vitres,glaces,miroiterie,vitraux et toutes autres matières translucides ou transparentes,construction de parois et couverture de béton translucide)
  18. La peinture,chauffage,badigeonnage,tapissage et garnissage,placement de couvre-parquets,et tous autres revêtements de murs et de sols en matières synthétiques et notamment les matières plastiques,les constructions métalliques et les ouvrages d'art métalliques (travaux de montage et de démontage),constructions tubulaires ou autres similaires)
  19. Les tuyauteries industrielles et canalisations (installation de ventilation et d'aération de chauffage à air chaud,de conditionnement d'air et de calorifugeage de tuyauteries et canalisations)
  20. Le chauffage central,les installations sanitaires,plomberie-zinguerie (installation de chauffage central d'eau chaude,à vapeur ou à gaz et des appareils auxiliaires,installation sanitaire,installation d'adoucisseur d'eau,toitures en métaux non ferreux et placement de lucarnes en zinc ainsi que les travaux de réparation et d'entretien,placement et réparation de tous bruleurs)
  21. Les installations électro techniques,y compris la signalisation routière,ferroviaire,fluviale,maritime et aéronautique électrique ainsi que le placement des paratonnerres,les installations spéciales (travaux de placement,d'installation,d'entretien et de réparation d'installations spéciales telles que installations de fabriques ou d'ateliers,de stations de pompage,d'aménagement,d'installations frigorifiques,etc...
  22. La location de containers,de véhicules et de matériels divers
  23. Les activités diverses,notamment toutes les activités non réglementées

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
HD CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger” (deed in French)

deed of 01-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, organe d’administration” (deed in French)

deed of 01-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié à charge du cédant et moitié à charge du ou des acquéreurs, Article 10” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Actions nouvelles à souscrire en numéraire, organe qui procède à l'émission” (deed in French)

deed of 01-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications aux statuts, assemblée générale” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur désigné, administrateurs en fonction” (deed in French)

deed of 01-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Subordonne son action à la réalisation de ces conditions, prestation de ces actes” (deed in French)
Other provision: “Avoir un impact positif significatif sur la Société et l'Environnement au travers des activités opérationnelles et commerciales…” (deed in French)
Other provision: “Actionnaire unique-administrateur, appels de fonds” (deed in French)
Other provision: “Pouvoir d’administration, ceux que la loi et les statuts réservent à l’assemblée générale” (deed in French)
Other provision: “Rémunération des administrateurs, fixe ou proportionnelle” (deed in French)
Other provision: “Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission à l’assemblée générale, peut participer sans pouvoir participer au vote” (deed in French)
Other provision: “Administrateur ou à défaut actionnaire présent détenant le plus d’actions ou en cas de parité le plus âgé, séances procès-verbaux” (deed in French)
Other provision: “Délibérations assemblée générale, dispositions légales régissant actions sans droit de vote” (deed in French)
Other provision: “Séance tenante à trois semaines au plus, prorogation assemblée générale” (deed in French)
Other provision: “Répartition - réserves, organe d’administration” (deed in French)
Other provision: “Préservation patrimoine:distributions, affectation bénéfice et montant distributions” (deed in French)
Liquidation distribution: “Apurement dettes,charges,frais ou consignation, proportion des actions” (deed in French)
Other provision: “Communications,sommations,assignations,significations, élection de domicile” (deed in French)
Other provision: “Tribunaux du siège, compétence judiciaire” (deed in French)
Other provision: “Droit commun” (deed in French)
1 more provision in the deed, see the deed of 01-12-2023

deed of 01-12-2023