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HERVAL CONSTRUCT

Active
Private limited companyfounded 20251 yr activeZ. 3 Doornveld 150, 1731 Asse, BelgiumKBO/BCE: BE 1021.778.895
Summary

The computed 12-month bankruptcy probability of HERVAL CONSTRUCT is 1.7% (moderate). The 2025 annual accounts show equity of €82,807 and a net result of €82,807. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.77; short-term debt: 23.3% and cash: 8% of total assets), and 23.3% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-09-2026, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
49 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 1 April 2025, HERVAL CONSTRUCT was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€82,807
Total assets
€107,986
Net result
€82,807
Working capital
€69,709

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €107,096
Fixed assets €12,207
Current assets €94,888
Equity and liabilities €107,986
Equity €82,807
Debt €25,179
Debt finances 23.3% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€104,653
Cash flow
€83,887
Current ratio
3.77
Debt to equity
0.30
ROE
100.0%
ROA
76.7%
Interest coverage
1554.56
Debt ≤ 1 year
€25,179
Income taxes
€20,699

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

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

For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 11,279 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 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€107,986
Formation expenses20€891
Fixed assets21/28€12,207
Tangible fixed assets22/27€12,207
Plant, machinery and equipment23€7,454
Furniture and vehicles24€4,753
Current assets29/58€94,888
Amounts receivable within one year40/41€86,232
Trade receivables40€69,630
Other amounts receivable41€16,602
Cash at bank and in hand54/58€8,656
Equity and liabilities
Total equity and liabilities10/49€107,986
Equity10/15€82,807
Profit (loss) carried forward14€82,807
Amounts payable17/49€25,179
Amounts payable within one year42/48€25,179
Trade debts44€4,480
Suppliers440/4€4,480
Taxes, remuneration and social security45€20,699
Taxes450/3€20,699
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,079
Other operating charges640/8€480
Gross operating margin9900€105,133
Operating profit (loss)9901€103,574
Financial charges65/66B€67
Recurring financial charges65€67
Profit (loss) for the period before taxes9903€103,506
Income taxes67/77€20,699
Profit (loss) for the period9904€82,807
Profit (loss) for the period to be appropriated9905€82,807
Appropriation of the result
Profit (loss) to be appropriated9906€82,807

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,079
Other operating charges640/8€480
Gross operating margin9900€105,133
Operating profit (loss)9901€103,574
Financial charges65/66B€67
Recurring financial charges65€67
Profit (loss) for the period before taxes9903€103,506
Income taxes67/77€20,699
Profit (loss) for the period9904€82,807
Profit (loss) for the period to be appropriated9905€82,807
Line2025
Assets
Total assets20/58€107,986
Formation expenses20€891
Fixed assets21/28€12,207
Tangible fixed assets22/27€12,207
Plant, machinery and equipment23€7,454
Furniture and vehicles24€4,753
Current assets29/58€94,888
Amounts receivable within one year40/41€86,232
Trade receivables40€69,630
Other amounts receivable41€16,602
Cash at bank and in hand54/58€8,656
Equity and liabilities
Total equity and liabilities10/49€107,986
Equity10/15€82,807
Profit (loss) carried forward14€82,807
Amounts payable17/49€25,179
Amounts payable within one year42/48€25,179
Trade debts44€4,480
Suppliers440/4€4,480
Taxes, remuneration and social security45€20,699
Taxes450/3€20,699
Line2025
Profit (loss) for the period9904€82,807
+ Depreciation and write-downs630€1,079
Operating cash flow (approximation)€83,887

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

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Timeline · acts, filings and financial milestones

2026
18-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Asse · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,610 m²
Building footprint
1,408 m²
Volume, LiDAR
7,301 m³
2 parcels, Flanders, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
98 companies at this address See who is registered here
1 establishment unit
HERVAL CONSTRUCT
Rue Paul Janson 12, 6030 CharleroiRoofing work
since 20252.372.804.694
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23095B0028/00F002 Flanders 1,283 m² 1 · 1,283 m² 9.5 m · 2 fl.
52382A0206/00P007 Wallonia 328 m² 1 · 126 m² -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

The National Bank holds 1 filing for this company, but none with figures Checked can read: the latest, for fiscal year 2025, exists only as a PDF. A size comparison is therefore not possible. These companies share only the sector and the region. Of 11,141 companies in sector 43910 we hold annual accounts for 5,492. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded01-04-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1021778895
Also 9925:BE1021778895
Registered 22-01-2026

Register as of 27 September 2026 · Peppol Directory

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