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BE 0657.916.950Private limited company (pre-2019)Open bankruptcy
HE-CO CONSTRUCT
Kapelstraat 22 ·3950 Bocholt, Belgium· 9 yrs active
Sector: Joinery
(43320)
Conclusion
A bankruptcy procedure is open for HE-CO CONSTRUCT according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €241k and a net result of €31k.
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €241k |
| Net result | €31k |
| Staff (FTE) | 14.2 |
| Better than sector | 33% |
Snowflake analysis
29
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
65
Solvency
28
Growth
52
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 31-08-2023 with the NBB · fiscal year 2022 · verkort
Sector comparison
Fiscal year 2022 · NACE 43 — Specialised construction · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.0% | 19.1% | |
| Net result | €31k | €31k | |
| Equity | €241k | €76k | |
| Gross operating margin | €1.09M | €189k | |
| Staff costs | €899k | €271k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€180k
+3.7%
18–22
€31k
-31.0%
18–22
€107k
-17.3%
18–22
€2.19M
+30.2%
18–22
€241k
+14.9%
18–22
€607k
-8.7%
18–22
14
+9.2%
18–22
€899k
+17.1%
18–22
€16k
-19.9%
18–22
€1.95M
+32.3%
18–22
€1.42M
+66.2%
18–22
€534k
-14.1%
18–22
1.43
-19.7%
18–22
0.58
-19.3%
18–22
11.0%
-11.7%
18–22
8.11
+15.2%
18–22
13.0%
-39.9%
18–22
1.4%
-47.0%
18–22
2.85
-58.8%
18–22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Revenue | — |
| EBITDA | €180k |
| Net profit | €31k |
| Cash flow | €107k |
| Staff costs | €899k |
| Income taxes | €16k |
| Dividends | — |
| Total assets | €2.19M |
| Equity | €241k |
| Debt | €1.95M |
| of which ≤ 1y | €1.42M |
| of which > 1y | €534k |
| Working capital | €607k |
| Employees (FTE) | 14.2 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 1.43 |
| Quick ratio | 0.58 |
| Working capital ratio | 27.7% |
| Solvency | 11.0% |
| Debt / equity | 8.11 |
| Long-term debt ratio | 2.22 |
| Interest coverage | 2.85 |
| Gross margin | — |
| Net margin | — |
| ROA | 1.4% |
| ROE | 13.0% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €2.19M |
| Fixed assets | 21/28 | €168k |
| Tangible fixed assets | 22/27 | €151k |
| Financial fixed assets | 28 | €17k |
| Current assets | 29/58 | €2.03M |
| Stocks & contracts in progress | 3 | €1.21M |
| Amounts receivable within one year | 40/41 | €649k |
| Cash & bank | 54/58 | €72k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.19M |
| Equity | 10/15 | €241k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €222k |
| Amounts payable | 17/49 | €1.95M |
| Amounts payable after one year | 17 | €534k |
| Amounts payable within one year | 42/48 | €1.42M |
| Trade debts payable within one year | 44 | €1.08M |
| Income statement | ||
| Gross operating margin | 9900 | €1.09M |
| Operating result | 9901 | €105k |
| Financial income | 75 | €6k |
| Financial charges | 65 | €63k |
| Result before taxes | 9903 | €48k |
| Income taxes | 67/77 | €16k |
| Net result for the period | 9904 | €31k |
| Result to be appropriated | 9905 | €31k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ELISABETH VANBERGEN ROMBOUTSTRAAT 8C,
3740 BILZEN |
31-10-2023 → present | Belgian State Gazette |
| Curator | GERRY BANKEN GROTESTRAAT 122, 3600 GENK |
31-10-2023 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Joinery(43320) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 01-07-2016 |
| Status | Active |
| Postal code | 3950 |
| First BS signal | 07-11-2023 |
| Latest BS signal | 07-11-2023 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
HE-CO
since 20162.256.491.501
Bosstraat 20, 3950 Bocholt
since 20172.262.894.093
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003C1142/00L007 | Flanders | 9,872 m² | 1 · 3,417 m² | 10.2 m · 2 fl. |
| 72003C0165/00H000 | Flanders | 906 m² | 1 · 139 m² | 7.5 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2023
07-11-2023
Bankruptcy
Opening
31-08-2023
NBB filing
Annual accounts filed
2022
31-08-2022
NBB filing
Annual accounts filed
2021
27-08-2021
NBB filing
Annual accounts filed
2020
12-11-2020
NBB filing
Annual accounts filed
2019
24-06-2019
NBB filing
Annual accounts filed
2018
16-07-2018
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
07-11-2023
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Schrijnwerk43320Schrijnwerk43320Vervaardiging van kunststofartikelen voor de bouw22230Vervaardiging van kunststofartikelen voor de bouw22240
Primary activity highlighted.
Names & trade names
| Legal nameNL | HE-CO CONSTRUCT |
Registered office
Kapelstraat 22
3950 Bocholt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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