Equity
€2.5m ▲ 3.3%
HERO CONSTRUCT has made a profit in every financial year since 2007.
HERO CONSTRUCT
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1996peak €25.9m (2022)
€22.9m▲ 39.4%
peak €701,687 (2023)
€78,862▲ 48×
peak €2.5m (2025)
€2.5m▲ 3.3%
€6.2m▲ 45.1%
peak 52.7 FTE (2019)
43.4 FTE▼ 10.1%
Board12 names since 2016
2 directors and 1 other
Owners3 names in the annual accounts
50.94% and 2 others
Documentsfilings and deeds
20-01-202611 days before the deadline
2025financial year
Turnover from €16.4m to €22.9mResult from €1,644 to €78,862Staff from 48.3 FTE to 43.4 FTE2 directors appointed, 1 resignation, 1 reappointment 17-11Debts from €4.3m to €6.2mCash from €434,737 to €1.1m
Key points
from the 2025 annual accountsResult
€78,862 ▲ 48×
The result rose in 2025 from €1,644 to €78,862.
Debts
€6.2m 72% of the balance sheet
Financial debts 6%Suppliers 56%Taxes and wages 7%Other 30%
€451,170 of the debts are secured on the company's own assets. In 2022 that was €575,723.
Securities
€5.3m
Pledge on other assets, new in 2025. 2.1 times equity · not in the 2024 accounts.
Payment terms
69 days to suppliers
HERO CONSTRUCT pays its suppliers 38 days later than in 2024. Customers pay 3 days later.
Filings
30 annual accounts since 1996
The last five annual accounts were filed 11 to 56 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 4,684 companies had the same profile as HERO CONSTRUCT has now. Each dot stands for 12 companies, two years later.
97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 4,684 companies, not a prediction for HERO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Managing director,
Director, , since 31-10-2025
Director,
Director, since 31-10-2025
Director
Auditor
- 50.94%equity €2.4m (2025) · 30-06-2025 annual accounts of
- 33.33%equity €45.1m (2025) · 30-06-2025 annual accounts of
- 24.5%score equity €696,830 (2025) · 30-06-2025 annual accounts of
Recent changes
Appointment: (statutory auditor)
General meeting of 18-05-2026 · Gazette deed
Environmental permit granted
Bouwen of herbouwen · Hamme
Environmental permit granted
Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen, Verbouwen en/of uitbreiden van bijgebouwen, niet-overdekte lage constructies of wijzigen van andere beperkte handelingen, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Hamme
Appointment: (managing director)
Board meeting of 08-12-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HERO CONSTRUCT Dendermonde | €22.9m | 0.5% | 28.4% | 43.4 |
| FRANSEN BOUWONDERNEMING Oud-Turnhout | €29.5m | 10.3% | 45.2% | 41.2 |
| K & W CONSTRUCTION Wortegem-Petegem | €24.6m | 2.4% | 24.6% | 59.3 |
| AIRCOPLUS Aalst | €22.4m | 20.9% | 39.6% | 38.2 |
| BOUWONDERNEMING CATTEEU Lo-Reninge | €18.1m | 3.8% | 35.7% | 43.8 |
| DE PEUTER Herentals | €19.6m | 1.0% | 21.1% | 55 |
| ENTREPRISES GENERALE GUSTAVE ET YVES LIEGEOIS S.A Herve | €17.3m | 13.2% | 11.1% | 46.1 |
Grey: the largest companies of the sector (construction of buildings (NACE 41)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as HERO CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €8.8m and €15m, founded between 1989 and 1999.
Official details
Source: KBO- Status
- Active since 22-02-1995Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 30-06-2025
- Establishment unit
- 2.071.107.9709200 Dendermonde, since 10-04-1995
- Financial year end
- 30 June
- Peppol
- Reachable since 24-02-2025
Annual accounts to 30-06-2025
- €8.7m▲ 30.1%
- Employeeson 30-06-2025
- 43▼ 4.4%
- Filing
- Filed on 20-01-2026, 11 days before the end of the filing period
Insights on HERO CONSTRUCT
HERO CONSTRUCT has existed since 1995. Turnover grew from €13.8m in 2014 to €22.9m in 2025.
Solvency fell in 2025 from 35.8% to 28.4% because of higher debts to suppliers.
holds 50.94% of the shares. In January 2026, the Official Gazette published the appointment of as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HERO CONSTRUCT
- What is the company number of HERO CONSTRUCT?
- The company number of HERO CONSTRUCT is 0454.643.849. The VAT number is the same number with BE in front: BE 0454.643.849.
- Where is HERO CONSTRUCT based?
- The registered office is at Reihagenstraat 1, 9200 Dendermonde.Company details
- What does HERO CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of HERO CONSTRUCT?
- HERO CONSTRUCT is a public limited company (NV).
- When was HERO CONSTRUCT founded?
- HERO CONSTRUCT was founded on 22-02-1995.
- Is HERO CONSTRUCT still active?
- Yes, HERO CONSTRUCT is an active enterprise in the KBO register.
- How many employees does HERO CONSTRUCT have?
- HERO CONSTRUCT had an average of 43.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HERO CONSTRUCT fall under?
- In its 30-06-2025 annual accounts, HERO CONSTRUCT states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of HERO CONSTRUCT?
- The turnover of HERO CONSTRUCT was €22.9m in financial year 2025, according to the filed annual accounts.
- Is HERO CONSTRUCT profitable?
- In financial year 2025, HERO CONSTRUCT made a profit of €78,862.
- Where can I find the annual accounts of HERO CONSTRUCT?
- HERO CONSTRUCT filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HERO CONSTRUCT due?
- HERO CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
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