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HLP Construct

Active
Private limited companyfounded 2010active for 16 yearsMarie-Joséstraat(Kok) 71, 8670 Koksijde, BelgiumKBO/BCE: BE 0827.801.463

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

HLP Construct has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €275,727 and a net result of -€65,335. Equity has been shrinking by about 7.3% per year since 2018. Its solvency ranks better than 79% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 14-07-2010 Normal situation
Legal form
Private limited company
Registered office
Marie-Joséstraat(Kok) 71, 8670 Koksijde
Activity
Buying and selling of own real estate NACE 68110and 4 others
Establishment unit
2.190.234.066 8660 De Panne, since 29-07-2010
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • Fin Concept BVBADirector · since 25-02-2019
  • Hauspie FilipDirector · since 25-02-2019

Financial position

90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€2,321
Turnover
≈ €8,900
estimated
Loss
€65,335
▼ 33.4%
Equity
€275,727
▼ 19.2%
Total assets
€392,608
▼ 71.1%
2025 accounts filed 31 days before the deadline
Filed on 30-06-2026at the National Bank
Score breakdownraises riskLoss of €65,335, the second in a row (financial year 2025)1 of the last 3 accounts latelowers riskLiquidity: current ratio 3.29, cash €203,324Equity €275,727 (70.2% of total assets)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 50% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 95+45
equity 70.2% of total assets
Liquidity 88+2
short-term debt 29.8% · cash 51.8%
Profitability 0-10
return on assets -16.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.2%▲ +0.1 percentage points vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%▼ -0.1 percentage points vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.3%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026highest value 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.29 (11.29 in 2024), above the usual 1.5. Short-term debt is 29.8% and cash 51.8% of total assets. 29.8% of the assets are financed with debt and provisions.
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 68, micro). It does better than 78% of them on solvency, 90% on liquidity, 9% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €65,335, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 3.29, cash €203,324
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
lowers risk · Equity €275,727 (70.2% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€65,335
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
65 days early
2023
43 days late
2022
31 days early
2021
30 days early
2020
5 days late
2019
67 days early
← 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 25 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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 30 June (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 94% of companies in real estatesector median €6,036 · 17,109 companies -€65,335 View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€65,335 View

Documents

Annual accounts at the NBB

All 15 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about HLP Construct

What is the company number of HLP Construct?
The company number of HLP Construct is 0827.801.463. The VAT number is the same number with BE in front: BE 0827.801.463.
Where is HLP Construct based?
The registered office is at Marie-Joséstraat(Kok) 71, 8670 Koksijde.Company details
What does HLP Construct do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of HLP Construct?
The legal form of HLP Construct is Private limited company (BV).
When was HLP Construct founded?
HLP Construct was founded on 14-07-2010.
Is HLP Construct still active?
Yes, HLP Construct is an active enterprise in the KBO register.
What is the turnover of HLP Construct?
The turnover in financial year 2025 is ≈ €8,900. This figure is estimated from the gross margin of €2,321 and 30 comparable companies (NACE 68110). It probably lies between €4,800 and €23,000. It is a rough estimate.Financials
Is HLP Construct profitable?
In financial year 2025, HLP Construct made a loss of €65,335.
Where can I find the annual accounts of HLP Construct?
HLP Construct filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HLP Construct due?
HLP Construct must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as HLP Construct: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €311,000 and €467,000, founded between 2006 and 2012.

CompanyTotal assetsGross margin
HLP Construct Koksijde€392,608€2,321
DIEGEM HOTEL VASTGOED Waterloo€450,312€1,781
CARAPAT Ieper€403,550€2,577
Gryson Construct Torhout€376,163-€24,641
EXCLUSIF CONCEPT Baelen€392,742€3,864
GREENFREE ONE Jette€467,185€2,013
ELMAUD Deinze€311,031€3,499
Full comparison

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