HLP Construct
ActiveHLP Construct has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €341k and a net result of €-98k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 45% of 19344 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-93
Solvency60▲+28
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 11.29 against 1.46 in 2023), but 74.9% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
25.1%
Return on assets
-7.2%
Age of the figures
20 mo
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
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 27-05-2025, 65 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
65 d early
2023
43 d late
2022
31 d early
2021
30 d early
2020
5 d late
2019
67 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€341k▼ 22.5%
2023 · €440k
2018: €67k
2019: €472k
2020: €582k
2021: €472k
2022: €359k
2023: €440k
2018 → 2024
Total assets
€1.36M▼ 52.0%
2023 · €2.84M
2018: €9.27M
2019: €6.81M
2020: €1.12M
2021: €6.70M
2022: €6.29M
2023: €2.84M
2018 → 2024
Net result
€-98k
2023 · €81k
2018: €1k
2019: €610k
2020: €132k
2021: €-111k
2022: €-113k
2023: €81k
2018 → 2024
Working capital
€1.18M▲ 37.8%
2023 · €853k
2018: €77k
2019: €474k
2020: €579k
2021: €458k
2022: €345k
2023: €853k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€582k-€472k▼ 19.0%€359k▼ 24.0%€440k▲ 22.7%€341k▼ 22.5%
Operating result€185k-€-108k€-114k▼ 5.1%€103k€-288k
Net result€132k-€-111k€-113k▼ 2.0%€81k€-98k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €288k after €103k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€70k▼ 47.0%
Current assets
€1.29M▼ 52.3%
Equity and liabilities €1.36M
Equity
€341k▼ 22.5%
Debt
€1.02M▼ 57.5%
The debt ratio falls from 84.5% to 74.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-287k▼
2023 · €105k
Cash flow
€-96k▼
2023 · €84k
Solvency
25.1%▲
2023 · 15.5%
Current ratio
11.29▲
2023 · 1.46
Quick ratio
4.20▲
2023 · 0.14
Debt / equity
2.99▼
2023 · 5.44
ROE
-28.8%▼
2023 · 18.5%
ROA
-7.2%▼
2023 · 2.9%
Interest coverage
-46.75▼
2023 · 3.12
Debt
€1.02M▼
2023 · €2.40M
Debt ≤ 1 year
€114k▼
2023 · €1.85M
Debt > 1 year
€905k▲
2023 · €545k
Income taxes
€338▲
2023 · €177
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€2.84M€1.36M▼
Fixed assets21/28€132k€70k▼
Tangible fixed assets22/27€12k€10k▼
Furniture and vehicles24€12k€10k▼
Financial fixed assets28€120k€60k▼
Current assets29/58€2.70M€1.29M▼
Stocks and contracts in progress3€2.44M€810k▼
Stocks30/36€2.44M€810k▼
Amounts receivable within one year40/41€76k€86k▲
Trade receivables40€8k€36k▲
Other amounts receivable41€68k€51k▼
Cash at bank and in hand54/58€186k€394k▲
Equity and liabilities
Total equity and liabilities10/49€2.84M€1.36M▼
Equity10/15€440k€341k▼
Contributions10/11€19k€19k=
Reserves13€564k€564k=
Distributable reserves133€564k€564k=
Profit (loss) carried forward14€-142k€-241k▼
Amounts payable17/49€2.40M€1.02M▼
Amounts payable after more than one year17€545k€905k▲
Financial debts170/4€545k€905k▲
Amounts payable within one year42/48€1.85M€114k▼
Trade debts44€528k€78k▼
Suppliers440/4€528k€78k▼
Advances received on contracts in progress46€943k-
Taxes, remuneration and social security45€202k€31k▼
Taxes450/3€202k€31k▼
Other amounts payable47/48€178k€6k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€13k-
Gross operating margin9900€121k€-283k▼
Operating profit (loss)9901€103k€-288k▼
Financial income75/76B€12k€197k▲
Recurring financial income75€12k€4k▼
Non-recurring financial income76B-€193k
Financial charges65/66B€34k€6k▼
Recurring financial charges65€34k€6k▼
Profit (loss) for the period before taxes9903€82k€-98k▼
Income taxes67/77€177€338▲
Profit (loss) for the period9904€81k€-98k▼
Profit (loss) for the period to be appropriated9905€81k€-98k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-142k€-240k▼
Profit (loss) brought forward from the previous period14P€-224k€-142k▲
Profit to be distributed694/7-€909
Return on contributions (dividend)694-€909
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 8current ratio 11.29
Current ratio from 1.46 to 11.29; short-term debt falls from €1.85M to €114k.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
31-12
Financial
Back to profitnet €81k
Net result €81k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-113k
Net result drops to €-113k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 3.05
Current ratio from 1.38 to 3.05; short-term debt falls from €1.24M to €283k.
31-12
Financial
Equity above €500kEq €582k ▲23.5%
3 profitable years in a row build equity to €582k.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €610k ▲41109%
Operating result €903k, net result €610k, both a record.
31-12
Financial
Equity above €200kEq €472k ▲606%
2 profitable years in a row build equity to €472k.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Koksijde · 1 establishment unit since 2010
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.
Marie-Joséstraat(Kok) 718670 KoksijdeGround area
2,104 m²
Building footprint
424 m²
Volume, LiDAR
2,281 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FMCI
since 20102.190.234.066
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38352D0442/00E000 | Flanders | 1,210 m² | 1 · 179 m² | 7.8 m · 2 fl. |
| 38343A0692/00S002 | Flanders | 893 m² | 1 · 245 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 7,288 companies in sector 68110 we hold annual accounts for 5,354. 3,804 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-07-2010
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.