HG Constructies
ActiveHG Constructies has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €68k and a net result of €30k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 43% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency82▲+30
Growth78=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 1.46 in 2023), but 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
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 2024Solvency, return and age of the figures
Solvency
40.6%
Return on assets
17.8%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
35 d early
2022
33 d early
2021
39 d early
2020
61 d early
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€68k▲ 48.6%
2023 · €46k
2018: €40k
2019: €25k
2020: €34k
2021: €39k
2022: €29k
2023: €46k
2018 → 2024
Total assets
€167k▼ 1.0%
2023 · €169k
2018: €144k
2019: €177k
2020: €152k
2021: €149k
2022: €152k
2023: €169k
2018 → 2024
Net result
€30k▼ 7.0%
2023 · €32k
2018: €2k
2019: €-16k
2020: €9k
2021: €6k
2022: €-10k
2023: €32k
2018 → 2024
Working capital
€49k▲ 59.1%
2023 · €31k
2018: €47k
2019: €22k
2020: €32k
2021: €22k
2022: €14k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€39k▲ 16.4%€29k▼ 26.7%€46k▲ 58.7%€68k▲ 48.6%
Operating result€13k-€10k▼ 22.6%€-10k€39k€31k▼ 20.1%
Net result€9k-€6k▼ 38.2%€-10k€32k€30k▼ 7.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 20% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €167k
Fixed assets
€61k▼ 13.2%
Current assets
€105k▲ 7.7%
Equity and liabilities €167k
Equity
€68k▲ 48.6%
Debt
€99k▼ 19.4%
The debt ratio falls from 73.0% to 59.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€45k▼
2023 · €52k
Cash flow
€43k▼
2023 · €45k
Solvency
40.6%▲
2023 · 27.0%
Current ratio
1.88▲
2023 · 1.46
Quick ratio
1.72▲
2023 · 1.33
Debt / equity
1.46▼
2023 · 2.70
ROE
43.8%▼
2023 · 69.9%
ROA
17.8%▼
2023 · 18.9%
Interest coverage
8.23▼
2023 · 27.00
Debt
€99k▼
2023 · €123k
Debt ≤ 1 year
€56k▼
2023 · €67k
Debt > 1 year
€43k▼
2023 · €56k
Income taxes
€11k▲
2023 · €7k
Staff costs
€58k▲
2023 · €55k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€169k€167k▼
Fixed assets21/28€71k€61k▼
Tangible fixed assets22/27€71k€61k▼
Land and buildings22€68k€60k▼
Furniture and vehicles24€2k€864▼
Current assets29/58€98k€105k▲
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€65k€88k▲
Trade receivables40€51k€74k▲
Other amounts receivable41€14k€14k▼
Cash at bank and in hand54/58€20k€5k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€169k€167k▼
Equity10/15€46k€68k▲
Contributions10/11€19k€19k=
Reserves13€27k€49k▲
Distributable reserves133€27k€49k▲
Amounts payable17/49€123k€99k▼
Amounts payable after more than one year17€56k€43k▼
Financial debts170/4€56k€43k▼
Amounts payable within one year42/48€67k€56k▼
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€33k€27k▼
Suppliers440/4€33k€27k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€1k€526▼
Remuneration and social security454/9€3k€1k▼
Other amounts payable47/48€17k€15k▼
Accrued charges and deferred income492/3€347€49▼
Income statement
Code20232024
Remuneration, social security and pensions62€55k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€109k€105k▼
Operating profit (loss)9901€39k€31k▼
Financial income75/76B€1k€14k▲
Recurring financial income75€245€297▲
Non-recurring financial income76B€892€14k▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€39k€40k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€32k€30k▼
Profit (loss) for the period to be appropriated9905€32k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€30k▼
Profit (loss) brought forward from the previous period14P€8k-
Transfer to equity691/2€25k€22k▼
To the legal reserve6920-€22k
To other reserves6921€25k-
Profit to be distributed694/7€15k€8k▼
Return on contributions (dividend)694€15k€8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-16k ▼1043%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
05-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
16-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 228 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mol · 1 establishment unit since 2014
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.
Lindestraat 282400 MolGround area
908 m²
Building footprint
148 m²
Volume, LiDAR
514 m³
Parcel 13025G0461/00V000, Flanders · tallest building 8.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HG Constructies
since 20142.230.423.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0461/00V000 | Flanders | 908 m² | 1 · 148 m² | 8.4 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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PRO G NET
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DECOVISION
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SOS Phoenix
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Of 19,950 companies in sector 43320 we hold annual accounts for 9,081. 7,555 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-01-2014
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.