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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 4.3% (elevated). The 2023 annual accounts show equity of €1,970 and a net result of -€1,030. Its solvency ranks better than 70% of 9,217 sector peers (NACE 41, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2023, micro format

2025 annual accounts filed late (68 days) Filed on 7 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00559369.

Equity
€1,970
Total assets
€8,807
Net result
-€1,030
Working capital
-€5,901

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €8,807
Fixed assets €7,871
Current assets €936
Equity and liabilities €8,807
Equity €1,970
Debt €6,837
Debt finances 77.6% of the balance-sheet total.
Key figures and ratios
2023 value
EBITDA
€1,614
Cash flow
€1,599
Current ratio
0.14
Debt to equity
3.47
ROE
-52.3%
ROA
-11.7%
Interest coverage
over 100
Debt ≤ 1 year
€6,837
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 29 lines
Balance sheet Code2023
Assets
Total assets20/58€8,807
Fixed assets21/28€7,871
Tangible fixed assets22/27€7,871
Plant, machinery and equipment23€7,871
Current assets29/58€936
Amounts receivable within one year40/41€263
Trade receivables40€0
Other amounts receivable41€263
Cash at bank and in hand54/58€1
Deferred charges and accrued income490/1€672
Equity and liabilities
Total equity and liabilities10/49€8,807
Equity10/15€1,970
Contributions10/11€3,000
Profit (loss) carried forward14-€1,030
Amounts payable17/49€6,837
Amounts payable within one year42/48€6,837
Trade debts44€4,026
Suppliers440/4€4,026
Other amounts payable47/48€2,810
Income statement Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,629
Other operating charges640/8€25
Gross operating margin9900€1,639
Operating profit (loss)9901-€1,015
Financial charges65/66B€15
Recurring financial charges65€15
Profit (loss) for the period before taxes9903-€1,030
Profit (loss) for the period9904-€1,030
Profit (loss) for the period to be appropriated9905-€1,030
Appropriation of the result
Profit (loss) to be appropriated9906-€1,030

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,629
Other operating charges640/8€25
Gross operating margin9900€1,639
Operating profit (loss)9901-€1,015
Financial charges65/66B€15
Recurring financial charges65€15
Profit (loss) for the period before taxes9903-€1,030
Profit (loss) for the period9904-€1,030
Profit (loss) for the period to be appropriated9905-€1,030
Line2023
Assets
Total assets20/58€8,807
Fixed assets21/28€7,871
Tangible fixed assets22/27€7,871
Plant, machinery and equipment23€7,871
Current assets29/58€936
Amounts receivable within one year40/41€263
Trade receivables40€0
Other amounts receivable41€263
Cash at bank and in hand54/58€1
Deferred charges and accrued income490/1€672
Equity and liabilities
Total equity and liabilities10/49€8,807
Equity10/15€1,970
Contributions10/11€3,000
Profit (loss) carried forward14-€1,030
Amounts payable17/49€6,837
Amounts payable within one year42/48€6,837
Trade debts44€4,026
Suppliers440/4€4,026
Other amounts payable47/48€2,810
Line2023
Profit (loss) for the period9904-€1,030
+ Depreciation and write-downs630€2,629
Operating cash flow (approximation)€1,599

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

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2023 micro format 10-09-2024 2024-00462932

Similar companies · same sector, comparable size

Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. 12,683 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.