Hens Constructs
ActiveHens Constructs has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1832 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability51▲+10
Solvency23▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.18 in 2024; short-term debt: 76.9% and cash: 0.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← 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 2025Solvency, return and age of the figures
Solvency
-1.7%
Return on assets
2.7%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 1832 sector peers (2025).
NBB · sector comparisonPosition among 1832 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 10-10-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
71 d early
2023
15 d early
2022
2 d late
2021
37 d early
2020
17 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-7k▲ 60.5%
2024 · €-17k
2019: €14k
2020: €20k
2021: €22k
2022: €-8k
2023: €-21k
2024: €-17k
2019 → 2025
Total assets
€389k▲ 33.9%
2024 · €291k
2019: €486k
2020: €355k
2021: €427k
2022: €453k
2023: €375k
2024: €291k
2019 → 2025
Net result
€10k▲ 158%
2024 · €4k
2019: €3k
2020: €6k
2021: €3k
2022: €-31k
2023: €-13k
2024: €4k
2019 → 2025
Working capital
€-156k▼ 1.7%
2024 · €-153k
2019: €-111k
2020: €-75k
2021: €-85k
2022: €-126k
2023: €-152k
2024: €-153k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€-8k€-21k▼ 160%€-17k▲ 19.0%€-7k▲ 60.5%
Operating result€9k-€-23k€-5k▲ 78.0%€9k€17k▲ 105%
Net result€3k-€-31k€-13k▲ 57.4%€4k€10k▲ 158%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 105% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €389k
Fixed assets
€246k▼ 4.4%
Current assets
€143k▲ 329%
Key figures and ratios
EBITDA
€33k▲
2024 · €24k
Cash flow
€26k▲
2024 · €19k
Solvency
-1.7%▲
2024 · -5.9%
Current ratio
0.48▲
2024 · 0.18
Quick ratio
0.17▼
2024 · 0.18
Debt / equity
-57.45▼
2024 · -17.53
ROA
2.7%▲
2024 · 1.4%
Interest coverage
3.48▲
2024 · 2.49
Debt
€389k▲
2024 · €300k
Debt ≤ 1 year
€299k▲
2024 · €187k
Debt > 1 year
€89k▼
2024 · €112k
Income taxes
€182
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€291k€389k▲
Fixed assets21/28€257k€246k▼
Tangible fixed assets22/27€257k€246k▼
Land and buildings22€223k€217k▼
Plant, machinery and equipment23€2k€913▼
Furniture and vehicles24€1k€5k▲
Leasing and similar rights25€31k€23k▼
Current assets29/58€33k€143k▲
Stocks and contracts in progress3-€92k
Stocks30/36-€92k
Amounts receivable within one year40/41€25k€46k▲
Trade receivables40€22k€46k▲
Other amounts receivable41€3k€172▼
Cash at bank and in hand54/58€5k€2k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€291k€389k▲
Equity10/15€-17k€-7k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-38k€-27k▲
Provisions and deferred taxes16€8k€8k=
Provisions for liabilities and charges160/5€8k€8k=
Other liabilities and charges164/5€8k€8k=
Amounts payable17/49€300k€389k▲
Amounts payable after more than one year17€112k€89k▼
Financial debts170/4€112k€89k▼
Amounts payable within one year42/48€187k€299k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Financial debts43€13k€14k▲
Credit institutions430/8€13k€14k▲
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45-€182
Taxes450/3-€182
Other amounts payable47/48€144k€252k▲
Accrued charges and deferred income492/3€2k€604▼
Income statement
Code20242025
Remuneration, social security and pensions62€-3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k▲
Other operating charges640/8€894€935▲
Gross operating margin9900€21k€34k▲
Operating profit (loss)9901€9k€17k▲
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€4▼
Non-recurring financial income76B€5k€3k▼
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€4k€11k▲
Income taxes67/77-€182
Profit (loss) for the period9904€4k€10k▲
Profit (loss) for the period to be appropriated9905€4k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-27k▲
Profit (loss) brought forward from the previous period14P€-42k€-38k▲
The notes to these accounts (11 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
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €10k ▲158%
Operating result €17k, net result €10k, both a record.
2024
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Weakest financial yearnet €-31k ▼1235%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nijlen · 1 establishment unit since 2002
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.
Nonnenstraat 1032560 NijlenGround area
1.1 ha
Building footprint
3,733 m²
Volume, LiDAR
17,584 m³
Parcel 12026D0011/00D000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Hens Constructs
since 20022.112.904.181
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0011/00D000 | Flanders | 1.1 ha | 1 · 3,733 m² | 7.9 m · 1 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.
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TVC POWER SOLUTIONS ONLINE
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M.V-TRANS
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BE 1004.932.569
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BAYSAL TRANSPORT
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 5,114 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-09-1993
Fiscal year end31-03
Trade name NL
GUCIGIARDINO
Activities, NACEBEL
43223Specialised construction activities
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.