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HG CONSTRUCT

Active Private limited companyfounded 2013active for 13 yearsRaatshovenstraat 131, 3400 LandenKBO/BCE: BE 0536.698.921

Lifetime

12 annual accounts with figures on one time axis
peak €46,523 (2014)
€1,644▼ 91.0%
lowest -€3,358 (2025)
-€3,358▼ €12,895
peak €93,769 (2024)
€90,410▼ 3.6%
€10,357▲ 20.1%
Board1 name since 2021
1 director
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €18,202 to €1,644Loss of €3,358Debts from €8,626 to €10,357

Key points

from the 2025 annual accounts

Turnover

≈ €24,000 estimated

The accounts state no turnover.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Eight of the last ten came late. The 2021 accounts came latest: 61 days after the end of the period.

Position in the sector

89.7%

Higher solvency than 94% of companies in specialised construction. Sector median 44.0% · 9,974 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as HG CONSTRUCT has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

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 6,908 companies, not a prediction for HG 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

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0536698921
Change of role: , from manager to director General meeting of 15-03-2024 · Gazette deed
First establishment HG CONTRUCT, Raatshovenstraat 131, Landen
Incorporation published on 25-07-2013 · Gazette deed
All 18 events

Comparable companies

same main activity, similar in size and age
Company
HG CONSTRUCT Landen €100,768 €1,644 89.7% -
BVBA IMMOFIX Leuven €104,723 -€7,748 60.3% -
BATI-NET COMPANY Halle €118,318 -€4,320 41.4% -
RENOVA ONE Sint-Pieters-Leeuw €81,809 -€35,592 55.8% -
ANDY BEST FLORING Vilvoorde €80,764 -€5,057 79.3% -
CC DESIGN Grimbergen €69,302 €2,358 -11.5% -
SOLUSEB Grimbergen €83,450 -€6,561 27.3% -

These companies have the same main activity as HG CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €69,300 and €118,000, founded between 2013 and 2015.

Official details

Source: KBO
Status
Active since 12-07-2013Normal situation
Activity
Other specialised construction activitiesNACE 43990and 2 others
Establishment unit
2.223.720.9413400 Landen, since 16-07-2013
Financial year end
31 December
Peppol
Reachable since 05-01-2026
Company details

Annual accounts 2025

€100,768▼ 1.6%
Filing
Filed on 31-08-2026
Financials

Insights on HG CONSTRUCT

HG CONSTRUCT files the abbreviated format. That format states no turnover. The gross margin fell from €46,523 in 2014 to €1,644 in 2025.

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 HG CONSTRUCT

What is the company number of HG CONSTRUCT?
The company number of HG CONSTRUCT is 0536.698.921. The VAT number is the same number with BE in front: BE 0536.698.921.
Where is HG CONSTRUCT based?
The registered office is at Raatshovenstraat 131, 3400 Landen.Company details
What does HG CONSTRUCT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of HG CONSTRUCT?
HG CONSTRUCT is a private limited company (BV).
When was HG CONSTRUCT founded?
HG CONSTRUCT was founded on 12-07-2013.
Is HG CONSTRUCT still active?
Yes, HG CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of HG CONSTRUCT?
The turnover in financial year 2025 is ≈ €24,000. This figure is estimated from the gross margin of €1,644 and 45 comparable companies (NACE 43990). It probably lies between €14,000 and €58,000. It is a rough estimate.Financials
Is HG CONSTRUCT profitable?
In financial year 2025, HG CONSTRUCT made a loss of €3,358.
Where can I find the annual accounts of HG CONSTRUCT?
HG CONSTRUCT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HG CONSTRUCT due?
HG CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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