Hendrikx Projects
ActiveHendrikx Projects has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €115k. Equity is growing by ~62.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 2154 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+9
Solvency37▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 4.97 against 12.73 in 2024; short-term debt: 20.1% and cash: 3.3% of total assets), but 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.1%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2154 sector peers (2025).
NBB · sector comparisonPosition among 2154 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
44 d late
2022
92 d late
2021
78 d late
2020
29 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€292k▲ 65.2%
2024 · €177k
2018: €15k
2019: €13k
2020: €5k
2021: €52k
2022: €157k
2023: €165k
2024: €177k
2018 → 2025
Total assets
€2.41M▲ 137%
2024 · €1.02M
2018: €50k
2019: €479k
2020: €707k
2021: €849k
2022: €984k
2023: €936k
2024: €1.02M
2018 → 2025
Net result
€115k▲ 849%
2024 · €12k
2018: €-3k
2019: €-2k
2020: €-8k
2021: €47k
2022: €104k
2023: €8k
2024: €12k
2018 → 2025
Working capital
€1.92M▲ 105%
2024 · €938k
2018: €23k
2019: €-87k
2020: €-6k
2021: €700k
2022: €880k
2023: €840k
2024: €938k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€52k-€157k▲ 199%€165k▲ 5.0%€177k▲ 7.4%€292k▲ 65.2%
Operating result€67k-€155k▲ 130%€24k▼ 84.7%€30k▲ 24.9%€194k▲ 555%
Net result€47k-€104k▲ 121%€8k▼ 92.5%€12k▲ 55.0%€115k▲ 849%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 555% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2.41M
Equity
€292k▲ 65.2%
Debt
€2.12M▲ 152%
The debt ratio rises from 82.6% to 87.9%. Equity and debt are higher.
Key figures and ratios
Solvency
12.1%▼
2024 · 17.4%
Current ratio
4.97▼
2024 · 12.73
Quick ratio
0.36▲
2024 · 0.23
Debt / equity
7.25▲
2024 · 4.76
ROE
39.5%▲
2024 · 6.9%
ROA
4.8%▲
2024 · 1.2%
Debt
€2.12M▲
2024 · €841k
Debt ≤ 1 year
€485k▲
2024 · €80k
Debt > 1 year
€1.43M▲
2024 · €756k
Income taxes
€42k▲
2024 · €5k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.02M€2.41M▲
Current assets29/58€1.02M€2.41M▲
Stocks and contracts in progress3€1,000k€2.23M▲
Stocks30/36€1,000k€2.23M▲
Amounts receivable within one year40/41€4k€94k▲
Trade receivables40-€94k
Other amounts receivable41€4k-
Cash at bank and in hand54/58€15k€80k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€2.41M▲
Equity10/15€177k€292k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€158k€273k▲
Amounts payable17/49€841k€2.12M▲
Amounts payable after more than one year17€756k€1.43M▲
Financial debts170/4€752k€1.43M▲
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€80k€485k▲
Current portion of amounts payable after more than one year42€50k€139k▲
Financial debts43-€270k
Credit institutions430/8-€270k
Trade debts44€21k€28k▲
Suppliers440/4€21k€28k▲
Taxes, remuneration and social security45€9k€48k▲
Taxes450/3€9k€48k▲
Accrued charges and deferred income492/3€6k€198k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▼
Gross operating margin9900€31k€195k▲
Operating profit (loss)9901€30k€194k▲
Financial charges65/66B€13k€36k▲
Recurring financial charges65€13k€36k▲
Profit (loss) for the period before taxes9903€17k€157k▲
Income taxes67/77€5k€42k▲
Profit (loss) for the period9904€12k€115k▲
Profit (loss) for the period to be appropriated9905€12k€115k▲
Appropriation of the result
Profit (loss) to be appropriated9906€158k€273k▲
Profit (loss) brought forward from the previous period14P€146k€158k▲
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €115k ▲849%
Operating result €194k, net result €115k, both a record.
31-12
Financial
Equity above €200kEq €292k ▲65.2%
5 profitable years in a row build equity to €292k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-12
Financial
Equity above €150kEq €157k ▲199%
2 profitable years in a row build equity to €157k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 78 days late
2021
31-12
Financial
Back to profitnet €47k
Net result €47k after 3 loss-making years.
31-12
Financial
Liquidity times 6current ratio 5.67
Current ratio from 0.90 to 5.67.
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 29 days late
2020
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudsbergen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Neerhovenstraat 713670 OudsbergenGround area
3,906 m²
Building footprint
1,558 m²
Volume, LiDAR
9,058 m³
Parcel 72011D1328/00N000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HENDRIKX PROJECTS bvba
since 20172.272.593.501
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72011D1328/00N000 | Flanders | 3,906 m² | 1 · 1,558 m² | 7.8 m · 2 fl. |
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.
Similar companies · same sector, comparable size
PROZON INVEST
BE 0440.404.447
Zonhoven · Eq €295k
Aurora Gent-Ninove
BE 1004.732.829
Antwerpen · Eq €287k
S&V Vallez
BE 0784.837.886
Geraardsbergen · Eq €285k
SELEK
BE 0840.408.592
Zele · Eq €300k
DEIXIS
BE 0831.438.171
Sint-Jans-Molenbeek · Eq €284k
Of 2,448 companies in sector 41003 we hold annual accounts for 1,055. 684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2017
Fiscal year end31-12
Activities, NACEBEL
41003General construction of other non-residential buildings
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.