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Hexia Construct

Active
Private limited companyfounded 2021active for 5 yearsMenenstraat 39, 8560 Wevelgem, BelgiumKBO/BCE: BE 0774.972.887
Summary

Hexia Construct has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53,771 and a net result of €12,713. Its solvency ranks better than 19% of 11,034 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, abbreviated format

Equity
€53,771▲ 31.0%
2023 · €41,058
Total assets
€2.9m▲ 136%
2023 · €1.2m
Net result
€12,713▼ 59.1%
2023 · €31,058
Working capital
€51,463▲ 24.9%
2023 · €41,189
Trend over the years

2023 to 2025, 2 financial years

The operating result is €134,297 in 2025, compared with €50,961 in 2023. Comparable figures for the intervening years are unavailable.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.01m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Available amounts per financial year
Line20232025
Operating result€0.05m-€0.1m-
Net result€0.03mwithin the sector's middle half-€0.01mwithin the sector's middle half-
Equity€0.04mbelow the sector's middle half-€0.05mwithin the sector's middle half-
Total assets€1.2mwithin the sector's middle half-€2.9mwithin the sector's middle half-
Debt€1.2m-€2.9m-
Working capital€0.04mwithin the sector's middle half-€0.05mwithin the sector's middle half-
Solvency3.3%below the sector's middle half-1.8%below the sector's middle half-
Current ratio1.03within the sector's middle half-1.02within the sector's middle half-
Return on assets (ROA)2.5%within the sector's middle half-0.4%within the sector's middle half-
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €2.9m
Fixed assets €8,575
Current assets €2.9m
Equity and liabilities €2.9m
Equity €53,771 ▲ 31.0%
Debt €2.9m ▲ 139%
Debt's share of the balance-sheet total rises from 96.7% to 98.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2023
EBITDA
€138,164
Cash flow
€16,579
Quick ratio
0.09▼
2023 · 0.13
Debt to equity
53.55▲
2023 · 29.30
ROE
23.6%▼
2023 · 75.6%
Interest coverage
1.00
Debt ≤ 1 year
€2.9m▲
2023 · €1.2m
Income taxes
€4,321▼
2023 · €7,828
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,603 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 95.9% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.9% went bankrupt
1.8% stopped otherwise
95.9% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.2% 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 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,603 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 against 2023 · 44 lines
Balance sheet Code20232025
Assets
Total assets20/58€1.2m€2.9m▲
Fixed assets21/28-€0.009m
Tangible fixed assets22/27-€0.009m
Furniture and vehicles24-€0.008m
Other tangible fixed assets26-€0.001m
Current assets29/58€1.2m€2.9m▲
Stocks and contracts in progress3€1.1m€2.7m▲
Stocks30/36€1.1m€2.7m▲
Amounts receivable within one year40/41€0.1m€0.2m▲
Trade receivables40€0.002m€0.2m▲
Other amounts receivable41€0.1m€0▼
Cash at bank and in hand54/58€0.01m€0.05m▲
Deferred charges and accrued income490/1€0.007m€0.02m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€2.9m▲
Equity10/15€0.04m€0.05m▲
Contributions10/11€0.01m€0.01m=
Reserves13€0.03m€0.04m▲
Distributable reserves133€0.03m€0.04m▲
Amounts payable17/49€1.2m€2.9m▲
Amounts payable within one year42/48€1.2m€2.9m▲
Financial debts43€0.5m€0.9m▲
Credit institutions430/8€0.5m€0.9m▲
Trade debts44€0.007m€0.04m▲
Suppliers440/4€0.007m€0.04m▲
Taxes, remuneration and social security45€0.008m€0.02m▲
Taxes450/3€0.008m€0.02m▲
Remuneration and social security454/9-€0.002m
Other amounts payable47/48€0.7m€1.9m▲
Accrued charges and deferred income492/3€131€0.006m▲
Income statement Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€0.004m
Other operating charges640/8€0.001m€0.004m▲
Gross operating margin9900€0.05m€0.1m▲
Operating profit (loss)9901€0.05m€0.1m▲
Financial income75/76B€0.008m€0.02m▲
Recurring financial income75€0.008m€0.02m▲
Financial charges65/66B€0.02m€0.1m▲
Recurring financial charges65€0.02m€0.1m▲
Profit (loss) for the period before taxes9903€0.04m€0.02m▼
Income taxes67/77€0.008m€0.004m▼
Profit (loss) for the period9904€0.03m€0.01m▼
Profit (loss) for the period to be appropriated9905€0.03m€0.01m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.01m▼
Transfer to equity691/2€0.03m€0.01m▼
To other reserves6921€0.03m€0.01m▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,866-
Other operating charges640/8€562€4,471-
Gross operating margin9900€51,523€142,635-
Operating profit (loss)9901€50,961€134,297-
Financial income75/76B€8,283€20,863-
Recurring financial income75€8,283€20,863-
Financial charges65/66B€20,358€138,126-
Recurring financial charges65€20,358€138,126-
Profit (loss) for the period before taxes9903€38,886€17,034-
Income taxes67/77€7,828€4,321-
Profit (loss) for the period9904€31,058€12,713-
Profit (loss) for the period to be appropriated9905€31,058€12,713-
Line20232025Change
Assets
Total assets20/58€1.2m€2.9m-
Fixed assets21/28-€0.009m-
Tangible fixed assets22/27-€0.009m-
Furniture and vehicles24-€0.008m-
Other tangible fixed assets26-€0.001m-
Current assets29/58€1.2m€2.9m-
Stocks and contracts in progress3€1.1m€2.7m-
Stocks30/36€1.1m€2.7m-
Amounts receivable within one year40/41€0.1m€0.2m-
Trade receivables40€0.002m€0.2m-
Other amounts receivable41€0.1m€0-
Cash at bank and in hand54/58€0.01m€0.05m-
Deferred charges and accrued income490/1€0.007m€0.02m-
Equity and liabilities
Total equity and liabilities10/49€1.2m€2.9m-
Equity10/15€0.04m€0.05m-
Contributions10/11€0.01m€0.01m-
Reserves13€0.03m€0.04m-
Distributable reserves133€0.03m€0.04m-
Amounts payable17/49€1.2m€2.9m-
Amounts payable within one year42/48€1.2m€2.9m-
Financial debts43€0.5m€0.9m-
Credit institutions430/8€0.5m€0.9m-
Trade debts44€0.007m€0.04m-
Suppliers440/4€0.007m€0.04m-
Taxes, remuneration and social security45€0.008m€0.02m-
Taxes450/3€0.008m€0.02m-
Remuneration and social security454/9-€0.002m-
Other amounts payable47/48€0.7m€1.9m-
Accrued charges and deferred income492/3€131€0.006m-
Line20232025Change
Profit (loss) for the period9904€31,058€12,713-
+ Depreciation and write-downs630-€3,866-
Operating cash flow (approximation)€31,058€16,579-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-05-2025 abbreviated format 27-11-2025 2025-00571598
30-06-2023 abbreviated format 19-12-2023 2023-00534686

Similar companies · same sector, comparable size

Of the 9,540 active companies whose main activity is development of residential building projects (NACE 68121), figures are known for 7,338. 5,021 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.