HK CONSTRUCT

Active

Private limited companyfounded 2022active for 4 yearsPhoenixstraat 59A, 9000 Gent, BelgiumKBO/BCE: BE 0791.693.808

Summary

The computed 12-month bankruptcy probability of HK CONSTRUCT is 11.7% (high). The 2023 annual accounts show equity of €1,970 and a net result of -€1,030. Its solvency ranks better than 30% of 8,826 sector peers (NACE 41, financial year 2023). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

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HK CONSTRUCTActive

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Activity

General construction of residential buildings

NACE 41001

1 site

Size

€8,807total assets 2023

Equity: €1,970
Loss: -€1,030

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 11.7%

2023 figures too old to score

Structure

Accounts filed 41 days late0 of 1 deed read

Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 41 days late; 1 of the last 3 lateLiquidity: current ratio 0.14, cash €1Founded in 2022No filing in 24 months (latest 17-09-2024)neutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Financial strength, FY 2023

Weak

Solvency 47

equity 22.4% of total assets

Liquidity 8

short-term debt 77.6% · cash 0.0%

Profitability 54

return on assets -11.7%

Bankruptcy probability, 12 months

11.7% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,398 companies, NACE 41, micro)

Last 24 months 11-2024: 6.2% 12-2024: 6.2%● unchanged vs 11-2024 01-2025: 6.2%● unchanged vs 12-2024 02-2025: 6.2%● unchanged vs 01-2025 03-2025: 6.2%● unchanged vs 02-2025 04-2025: 6.2%● unchanged vs 03-2025 05-2025: 6.2%● unchanged vs 04-2025 06-2025: 6.1%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 6.2%▲ +0.1 percentage points vs 06-2025 08-2025: 6.7%▲ +0.5 percentage points vs 07-2025 09-2025: 6.8%▲ +0.1 percentage points vs 08-2025 10-2025: 7.0%▲ +0.2 percentage points vs 09-2025 11-2025: 7.0%● unchanged vs 10-2025 12-2025: 7.7%▲ +0.7 percentage points vs 11-2025 01-2026: 9.7%▲ +2.0 percentage points vs 12-2025 02-2026: 9.7%● unchanged vs 01-2026 03-2026: 9.9%▲ +0.2 percentage points vs 02-2026 04-2026: 9.1%▼ -0.8 percentage points vs 03-2026 05-2026: 9.1%● unchanged vs 04-2026 06-2026: 8.7%▼ -0.4 percentage points vs 05-2026 07-2026: 8.7%● unchanged vs 06-2026 08-2026: 10.7%▲ +2.0 percentage points vs 07-2026 09-2026: 10.8%▲ +0.1 percentage points vs 08-2026 10-2026: 11.7%▲ +0.9 percentage points vs 09-2026highest value

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Signals

Five signals.

raises riskneutral

2 financial years not filed after the legal deadline; latest accounts 41 days late; 1 of the last 3 late

NBB · filings

Liquidity: current ratio 0.14, cash €1

NBB · annual accounts

Founded in 2022

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

No filing in 24 months (latest 17-09-2024)

NBB · filings

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-09-2024, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2023

41 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2023 accounts 41 days after the deadline; the sector median (NACE 41) for financial year 2023 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2022.

KBO publications · our coverage

10-09-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: Among the weakest 15% on equitysector median €44,948 · 8,838 companies €1,970 View
Total assets 2023first financial year filed €8,807 View
Active since 2022founded 30-09-2022 4 years View