Staff
2.8 FTE from 11 in 2006
Between 2006 and 2025, 75% of the full-time equivalents disappeared.
HIRCONSTRUCT
Lifetime
20 annual accounts with figures on one time axis, 31 filings since 1995peak €340,671 (2006)
€119,334▲ 17.4%
lowest -€31,325 (2023)
€48,880▲ 13×
peak €186,001 (2018)
€153,144▲ 46.9%
€45,634▼ 34.4%
peak 11 FTE (2006)
-not published
Board3 names since 2020
2 directorsHIRSOUX Christophe and 1 other
Documentsfilings and deeds
13-06-202648 days before the deadline
2025micro format
Gross margin from €101,614 to €119,334Result from €3,873 to €48,880Equity from €104,264 to €153,144Debts from €69,515 to €45,634Cash from €44,856 to €89,713
Key points
from the 2025 annual accountsLiquidity
5.05 was 2.27 in 2024
Short-term debts fell from €46,137 to €31,307.
Position in the sector
€48,880
Higher net result than 87% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
98
Excellent
Financially stronger than 87% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.5%● unchanged vs 12-2024
02-2025: 0.5%● unchanged vs 01-2025
03-2025: 0.5%● unchanged vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025highest value
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.4 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Liquidity: current ratio 5.05, cash €89,713
Equity €153,144 (77.0% of total assets)
Founded in 1994
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 92% of them on solvency, 95% on liquidity, 82% on profitability and 78% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as HIRCONSTRUCT has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HIRCONSTRUCT itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 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 31,368 companies, not a prediction for HIRCONSTRUCT. 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
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.05 (2.27 in 2024), above the usual 1.5. Short-term debt is 15.7% and cash 45.1% of total assets. 23% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €153,144
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 days early
2024
43 days early
2023
45 days early
2022
38 days early
2021
44 days early
2020
26 days late
2019
89 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- HIRSOUX,Gérard Omer Paul 75 sharesdeed of 07-08-2023
- HIRSOUX,Christophe Ghislain 675 sharesdeed of 07-08-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453329696
Amendment of the articles · Legal-form change · Resignations & appointments
Change of role: HIRSOUX, Christophe Ghislain, from manager to director · Director discharge: HIRSOUX, Christophe Ghislain · HIRSOUX, Gérard Omer Paul holds 75 shares · General meeting of 27-06-2023 · Gazette deed
Resignation: HIRSOUX Gérard (manager)
Appointment: HIRSOUX Christophe (director) · Director discharge: HIRSOUX Gérard (manager) · General meeting of 01-10-2020 · Gazette deed
First establishment
Route de Mons 635, Binche
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HIRCONSTRUCT Binche | €198,778 | €119,334 | 77.0% | - |
| BIA CONSTRUCTION Charleroi | €167,681 | €105,313 | -7.8% | - |
| ANCIENS ETABLISSEMENTS DE LOOK Blegny | €201,905 | €114,430 | 91.4% | - |
| SIMON MANAGEMENT Houffalize | €201,854 | €108,817 | 48.2% | - |
| R & P Heist-op-den-Berg | €173,328 | €109,271 | 53.3% | - |
| CANDRIES Kampenhout | €224,362 | €104,004 | 94.9% | - |
| PROTEAM CONSTRUCT Merchtem | €183,250 | €102,029 | 37.8% | - |
These companies have the same main activity as HIRCONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €168,000 and €224,000, founded between 1991 and 1997.
Official details
Source: KBO- Status
- Active since 12-09-1994Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.068.432.1567130 Binche, since 22-11-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2025
Annual accounts 2025
- ≈ €390,000estimated
- €198,778▲ 14.4%
- Employeeson 31-12-2025
- 3▲ 200%
- Filing
- Filed on 13-06-2026, 48 days before the end of the filing period
Insights on HIRCONSTRUCT
HIRCONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €340,671 in 2006 to €119,334 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 HIRCONSTRUCT
- What is the company number of HIRCONSTRUCT?
- The company number of HIRCONSTRUCT is 0453.329.696. The VAT number is the same number with BE in front: BE 0453.329.696.
- Where is HIRCONSTRUCT based?
- The registered office is at Route de Mons 635, 7130 Binche.Company details
- What does HIRCONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of HIRCONSTRUCT?
- HIRCONSTRUCT is a private limited company (BV).
- When was HIRCONSTRUCT founded?
- HIRCONSTRUCT was founded on 12-09-1994.
- Is HIRCONSTRUCT still active?
- Yes, HIRCONSTRUCT is an active enterprise in the KBO register.
- How many employees does HIRCONSTRUCT have?
- HIRCONSTRUCT had an average of 2.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of HIRCONSTRUCT?
- The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €119,334 and 97 comparable companies (NACE 41001). It probably lies between €280,000 and €610,000.
- Is HIRCONSTRUCT profitable?
- In financial year 2025, HIRCONSTRUCT made a profit of €48,880.
- Where can I find the annual accounts of HIRCONSTRUCT?
- HIRCONSTRUCT filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HIRCONSTRUCT due?
- HIRCONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.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 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 Compare this company with its sector.Sector benchmark
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