Equity
-€4,029
Debts exceed assets in financial year 2025.
HM CONSTRUCT
Overview
Lifetime
17 annual accounts with figures on one time axis, 19 filings since 2007peak €84,165 (2017)
-€154▼ €19,721
lowest -€22,213 (2022)
-€6,514▼ €21,310
peak €16,850 (2010)
-€4,029▼ €6,514
€19,326▼ 6.8%
peak 2 FTE (2017)
-not published
Board1 name since 2007
1 directorHemula Michel
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €19,567 to -€154Loss of €6,514Equity from €2,484 to -€4,029Cash from €3,414 to €26
Key points
from the 2025 annual accountsDebts
€19,326 126% of the balance sheet
Financial debts 48%Suppliers 17%Taxes and wages 6%Other 28%
Of this, €11,715 falls due within a year.
Liquidity
0.30 was 0.92 in 2024
Short-term debts rose from €8,642 to €11,715.
Filings
19 annual accounts since 2007
Nine of the last ten came late. The 2018 accounts came latest: 383 days after the end of the period.
At the same address
122 companies
Position in the sector
-26.3%
Lower solvency than 94% of companies in specialised construction. Sector median 46.7% · 35,119 companies.
Checked score
51
Fair
Financially stronger than 3% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.5%
01-2025: 1.5%● unchanged vs 12-2024
02-2025: 1.5%● unchanged vs 01-2025
03-2025: 1.5%● unchanged vs 02-2025
04-2025: 1.5%● unchanged vs 03-2025
05-2025: 1.5%● unchanged vs 04-2025
06-2025: 1.5%● unchanged vs 05-2025
07-2025: 1.7%▲ +0.2 percentage points vs 06-2025
08-2025: 2.3%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -1.8 percentage points vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025lowest value
02-2026: 0.5%● unchanged vs 01-2026lowest value
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.0%▲ +0.4 percentage points vs 07-2026
09-2026: 1.9%▲ +0.9 percentage points vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Loss of €6,514 (financial year 2025)
Negative equity -€4,029
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €15,296
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 43, micro). It does better than 3% of them on solvency, 6% on liquidity, 4% on profitability and 1% on growth.
The bankruptcy probability was computed on 08-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 6,907 companies had the same profile as HM CONSTRUCT has now. Each dot stands for 18 companies, two years later.
85.4%
were still trading
8.1%
stopped another way
5.8%
went bankrupt
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HM CONSTRUCT itself: 1.9% 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 6,907 companies, not a prediction for HM CONSTRUCT. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.3 (0.92 in 2024), below 1. Short-term debt is 76.6% and cash 0.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€4,029
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 days late
2024
21 days late
2023
30 days late
2022
52 days late
2021
1 day early
2020
152 days late
2019
61 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 49 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 28 August (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
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0886676010
Registered office moved within Brussels
New registered office: Rue Colonel Bourg 127 bte 16 1140 Bruxelles · Previous registered office: Rue au Bols 515, 1150 Bruxelles · General meeting of 19-03-2019 · Gazette deed
Incorporation
published on 01-02-2007 · Gazette deed
First establishment
Kolonel Bourgstraat 127, Evere
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HM CONSTRUCT Evere | €15,296 | -€154 | -26.3% | - |
| MIKODECOR Anderlecht | €14,302 | -€8,591 | 94.5% | - |
| GUYOT-DEVERGNIES Fernelmont | €13,032 | -€4,365 | -226.6% | - |
| FORBAT Roosdaal | €12,935 | -€3,861 | 95.4% | - |
| WYVAX Anhée | €12,708 | -€1,947 | -290.6% | - |
| MOREAU RUDY Leuze-en-Hainaut | €14,891 | -€11,710 | -116.6% | - |
| L & B RENOVATIE Aalst | €18,780 | -€2,198 | 75.6% | - |
These companies have the same main activity as HM CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €12,700 and €18,800, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 24-01-2007Normal situation
- Registered office
- 124 active companies are registered at this address7 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Other specialised construction activitiesNACE 43990and 2 others
- Establishment unit
- 2.162.229.4731140 Evere, since 24-01-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Insights on HM CONSTRUCT
HM CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €36,569 in 2009 to -€154 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 28-08-2026, 28 days late-€154
▼ €19,721
-€5,301
▼ €23,891
-€6,514
▼ €21,310
-€8,198
▼ €7,537
-26.3%
▼ 37.0 percentage points
0.30
▼ 0.62
Turnover: not included in this filing.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €15,296 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-26.3%
Higher than 5% of 35,119 companies in 2025.
0.30
Lower than 95% of 34,493 companies in 2025.
-42.6%
Lower than 95% of 34,694 companies in 2025.
HM CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
15,296 | 23,223 | 23,189 | 8,885 | 13,758 | 19,044 | 4,309 | 4,793 | 18,566 | 14,967 | 11,504 | 6,733 | 11,696 | 25,322 | 29,983 | 38,161 | 45,657 | |
21/28 |
11,779 | 15,242 | 19,866 | 326 | 2,259 | 4,518 | - | 656 | 1,537 | 909 | 913 | - | 4,595 | 10,510 | 17,209 | 24,642 | 31,370 | |
22/27 |
11,779 | 15,242 | 19,866 | 326 | 2,259 | 4,518 | - | 656 | 1,537 | 909 | 913 | - | 4,595 | 10,510 | 17,209 | 24,642 | 31,370 | |
23 |
998 | - | 163 | 326 | - | - | - | 546 | 1,091 | 167 | 333 | 0 | 104 | 913 | 2,576 | 1,928 | 318 | |
24 |
10,781 | 15,242 | 19,703 | - | 2,259 | 4,518 | - | 110 | 446 | 742 | 580 | 0 | 4,491 | 9,597 | 14,633 | 22,714 | 31,052 | |
29/58 |
3,517 | 7,981 | 3,323 | 8,559 | 11,499 | 14,526 | 4,309 | 4,137 | 17,029 | 14,058 | 10,591 | 6,733 | 7,101 | 14,812 | 12,774 | 13,519 | 14,287 | |
3 |
- | - | - | - | - | - | - | - | - | - | - | 267 | 266 | 796 | 101 | 101 | 161 | |
30/36 |
- | - | - | - | - | - | - | - | - | - | - | 267 | 266 | 796 | 101 | 101 | 161 | |
40/41 |
2,811 | 3,911 | 3,275 | 4,785 | 5,100 | 9,454 | 4,289 | 4,047 | 16,647 | 13,874 | 9,176 | 6,466 | 6,759 | 12,522 | 12,667 | 8,327 | 10,269 | |
40 |
2,617 | 3,303 | 3,275 | 4,620 | 4,670 | 9,454 | 4,046 | 4,037 | 11,233 | 13,874 | 7,396 | 6,466 | 6,409 | 12,522 | 12,667 | 8,327 | 7,274 | |
41 |
194 | 608 | - | 165 | 430 | - | 243 | 10 | 5,414 | - | 1,780 | - | 350 | - | - | - | 2,995 | |
54/58 |
26 | 3,414 | 48 | 2,791 | 6,399 | 5,072 | 20 | 90 | 372 | 184 | 1,415 | - | 76 | 303 | 6 | 5,091 | 3,857 | |
490/1 |
680 | 656 | - | 983 | - | - | - | - | 10 | - | - | - | - | 1,191 | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
15,296 | 23,223 | 23,189 | 8,885 | 13,758 | 19,044 | 4,309 | 4,793 | 18,566 | 14,967 | 11,504 | 6,733 | 11,696 | 25,322 | 29,983 | 38,161 | 45,657 | |
10/15 |
-4,029 | 2,484 | -12,312 | -13,796 | 8,417 | 9,243 | -8,978 | 1,420 | 7,952 | 7,184 | 6,454 | 3,407 | 6,850 | 14,775 | 15,018 | 16,850 | 16,548 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
14 |
-22,629 | -16,116 | -30,912 | -32,396 | -10,183 | -9,357 | -27,578 | -17,180 | -10,648 | -11,416 | -12,146 | -15,193 | -11,750 | -3,825 | -3,582 | -1,750 | -2,052 | |
17/49 |
19,326 | 20,739 | 35,501 | 22,681 | 5,342 | 9,801 | 13,287 | 3,373 | 10,614 | 7,783 | 5,050 | 3,326 | 4,846 | 10,547 | 14,965 | 21,311 | 29,109 | |
17 |
7,611 | 12,097 | 16,473 | 5,074 | - | - | - | - | - | - | - | - | - | 3,333 | 6,491 | 10,545 | 17,505 | |
170/4 |
7,611 | 12,097 | 16,473 | - | - | - | - | - | - | - | - | - | - | 3,333 | 6,491 | 10,545 | 17,505 | |
178/9 |
- | - | - | 5,074 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
11,715 | 8,642 | 19,029 | 17,608 | 5,342 | 8,051 | 13,287 | 3,373 | 10,614 | 7,783 | 5,050 | 3,326 | 4,846 | 7,214 | 8,474 | 10,766 | 11,604 | |
42 |
4,488 | 4,253 | 4,033 | - | - | - | - | - | - | - | - | - | 3,333 | - | - | - | - | |
43 |
1,742 | - | 2,066 | - | - | - | 2,362 | 199 | 2,178 | 1,473 | - | 1,520 | 60 | 4,943 | 4,055 | 6,960 | 6,615 | |
430/8 |
1,742 | - | 2,066 | - | - | - | 2,362 | 199 | 2,178 | 1,473 | - | 1,520 | 60 | 1,785 | - | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3,158 | 4,055 | 6,960 | 6,615 | |
44 |
3,236 | 3,148 | 7,747 | 7,336 | 5,342 | 3,106 | 9,304 | 2,934 | 8,017 | 5,850 | 5,050 | 1,545 | 820 | 1,406 | 2,185 | 357 | 4,989 | |
440/4 |
3,236 | 3,148 | 7,747 | 7,336 | 5,342 | 3,106 | 9,304 | 2,934 | 8,017 | 5,850 | 5,050 | 1,545 | 820 | 1,406 | 2,185 | 357 | 4,989 | |
46 |
- | - | - | - | - | 3,263 | - | - | - | - | - | - | - | - | - | 1,360 | - | |
45 |
1,241 | 1,241 | 5,182 | 10,271 | - | 1,682 | 1,621 | 240 | 419 | 460 | - | 261 | 633 | 865 | 2,234 | 2,089 | - | |
450/3 |
1,241 | 1,241 | 495 | 10,271 | - | 1,682 | 1,621 | 240 | 419 | 460 | - | 261 | 633 | 865 | 2,234 | 451 | - | |
454/9 |
- | - | 4,687 | - | - | - | - | - | - | - | - | - | - | - | - | 1,638 | - | |
47/48 |
1,008 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
492/3 |
- | - | - | - | - | 1,750 | - | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||||
76A |
- | - | 83 | - | - | - | 100 | - | - | - | 2,000 | - | - | - | - | - | - | |
9900 |
-154 | 19,567 | 67,940 | 44,826 | 52,099 | 64,556 | 41,522 | 54,986 | 84,165 | 62,492 | 62,211 | 39,199 | 36,866 | 54,261 | 55,519 | 66,575 | 36,569 | |
62 |
- | -4,380 | 61,124 | 48,641 | 48,655 | 41,861 | 47,690 | 59,254 | 80,503 | 59,833 | 59,555 | 36,583 | 36,982 | 44,481 | 43,116 | 53,742 | 29,941 | |
630 |
4,461 | 4,624 | 2,765 | 2,422 | 2,259 | 2,259 | 656 | 882 | 1,338 | 683 | 456 | 4,595 | 5,915 | 7,305 | 11,256 | 9,837 | 5,294 | |
640/8 |
686 | 733 | 794 | 1,819 | 598 | 289 | 1,250 | 201 | 666 | 478 | 783 | 1,181 | 963 | 1,278 | 1,508 | 1,432 | 337 | |
9901 |
-5,301 | 18,590 | 3,257 | -8,056 | 587 | 20,147 | -8,074 | -5,351 | 1,658 | 1,498 | 1,417 | -3,160 | -6,994 | 1,197 | -361 | 1,564 | 997 | |
75/76B |
- | 46 | 16 | 0 | 1 | 2 | 106 | 2 | 114 | 1 | - | 2 | 408 | 1 | - | - | - | |
75 |
- | 46 | 16 | 0 | 1 | 2 | 6 | 2 | 114 | 1 | - | 2 | 408 | 1 | - | - | - | |
76B |
- | - | - | - | - | - | 100 | - | - | - | - | - | - | - | - | - | - | |
65/66B |
1,212 | 2,598 | 1,789 | 447 | 1,414 | 1,258 | 809 | 1,036 | 884 | 667 | 186 | 285 | 584 | 808 | 1,101 | 1,262 | 845 | |
65 |
1,212 | 2,598 | 1,789 | 447 | 1,414 | 1,258 | 809 | 1,036 | 884 | 667 | 186 | 285 | 584 | 808 | 1,101 | 1,262 | 845 | |
9903 |
-6,514 | 16,038 | 1,484 | -8,503 | -827 | 18,891 | -8,777 | -6,385 | 888 | 832 | 3,231 | -3,443 | -7,170 | 390 | -1,462 | 302 | 152 | |
67/77 |
- | 1,241 | - | 13,710 | - | 670 | 1,621 | 147 | 120 | 102 | 184 | - | 755 | 633 | 370 | - | - | |
9904 |
-6,514 | 14,797 | 1,484 | -22,213 | -827 | 18,221 | -10,398 | -6,532 | 768 | 730 | 3,047 | -3,443 | -7,925 | -243 | -1,832 | 302 | 152 | |
9905 |
-6,514 | 14,797 | 1,484 | -22,213 | -827 | 18,221 | -10,398 | -6,532 | 768 | 730 | 3,047 | -3,443 | -7,925 | -243 | -1,832 | 302 | 152 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-22,629 | -16,116 | -30,912 | -32,396 | -10,183 | -9,357 | -27,578 | -17,180 | -10,648 | -11,416 | -12,146 | -15,193 | -11,750 | -3,825 | -3,582 | -1,750 | -2,052 | |
14P |
-16,116 | -30,912 | -32,396 | -10,183 | -9,357 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
- | - | 1 | 1 | 1 | 1 | 1 | - | 2 | 1.4 | 1.6 | 1 | 1.2 | 1.2 | 1.7 | 1.5 | 0.3 | |
Hours worked1013 |
- | - | 1,656 | 1,544 | 1,696 | 1,472 | 1,701 | - | 3,348 | 2,265 | 2,389 | 1,404 | 1,668 | 1,920 | 3,104 | 2,472 | 588 | |
| Document | ||||||||||||||||||
The accounts for 2 older financial years (2007-2008) were filed as documents without figures as data, scans for example.
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 28-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 28 days after the deadline. Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00504496.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-08-2026 | 2026-00504496 | |
| 31-12-2024 | micro format | 21-08-2025 | 2025-00389291 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00438353 | |
| 31-12-2022 | micro format | 21-09-2023 | 2023-00450974 | |
| 31-12-2021 | full format | 30-07-2022 | 2022-20251916 | |
| 31-12-2020 | full format | 30-12-2021 | 2021-82200020 | |
| 31-12-2019 | full format | 30-09-2020 | 2020-57700005 | |
| 31-12-2018 | full format | 17-08-2020 | 2020-41900413 | |
| 31-12-2017 | micro format | 30-05-2019 | 2019-16000027 | |
| 31-12-2016 | full format | 17-10-2017 | 2017-67400143 | |
| 31-12-2015 | full format | 23-12-2016 | 2016-71600047 | |
| 31-12-2014 | full format | 20-07-2015 | 2015-34200213 | |
| 31-12-2013 | full format | 02-11-2014 | 2014-66800256 | |
| 31-12-2012 | full format | 28-08-2013 | 2013-54700296 | |
| 31-12-2011 | full format | 19-09-2012 | 2012-56900515 | |
| 31-12-2010 | full format | 31-07-2011 | 2011-38500222 | |
| 31-12-2009 | full format | 03-12-2010 | 2010-62700173 | |
| 31-12-2008 | full format | 23-11-2009 | 2009-85800340 | |
| 31-12-2007 | full format | 16-01-2009 | 2009-00200283 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -840 | 23,214 | 6,022 | -5,634 | 2,846 | 22,406 | -7,418 | -4,469 | 2,996 | 2,181 | 1,873 | 1,435 | -1,079 | 8,502 | 10,895 | 11,401 | 6,291 | ||
| -2,053 | 19,421 | 4,249 | -19,790 | 1,432 | 20,480 | -9,742 | -5,650 | 2,106 | 1,413 | 3,503 | 1,152 | -2,010 | 7,062 | 9,424 | 10,139 | 5,446 | ||
| 998 | 0 | 22,305 | 489 | 0 | 6,777 | 0 | 1 | 1,967 | 679 | 1,369 | 0 | 0 | 606 | 3,823 | 3,109 | 24,269 | ||
| -3,389 | 3,366 | -2,743 | -3,608 | 1,327 | 5,052 | -70 | -282 | 188 | -1,231 | - | - | -227 | 297 | -5,085 | 1,234 | - | ||
| -8,198 | -661 | -15,706 | -9,048 | 6,157 | 6,475 | -8,978 | 764 | 6,415 | 6,275 | 5,541 | 3,407 | 2,255 | 7,598 | 4,300 | 2,753 | 2,683 | ||
| -26.3% | 10.7% | -53.1% | -155.3% | 61.2% | 48.5% | - | - | 42.8% | 48.0% | 56.1% | 50.6% | 58.6% | 58.3% | 50.1% | 44.2% | 36.2% | ||
| 0.30 | 0.92 | 0.17 | 0.49 | 2.15 | 1.80 | - | - | 1.60 | 1.81 | 2.10 | 2.02 | 1.47 | 2.05 | 1.51 | 1.26 | 1.23 | ||
| 0.30 | 0.92 | 0.17 | 0.49 | 2.15 | 1.80 | - | - | 1.60 | 1.81 | 2.10 | 1.94 | 1.41 | 1.94 | 1.50 | 1.25 | 1.22 | ||
| - | 8.35 | - | - | 0.63 | 1.06 | - | - | 1.33 | 1.08 | 0.78 | 0.98 | 0.71 | 0.71 | 1.00 | 1.26 | 1.76 | ||
| - | 595.6% | - | - | -9.8% | 197.1% | - | - | 9.7% | 10.2% | 47.2% | -101.1% | -115.7% | -1.6% | -12.2% | 1.8% | 0.9% | ||
| -42.6% | 63.7% | 6.4% | -250.0% | -6.0% | 95.7% | - | - | 4.1% | 4.9% | 26.5% | -51.1% | -67.8% | -1.0% | -6.1% | 0.8% | 0.3% | ||
| -0.69 | 8.94 | 3.37 | -12.62 | 2.01 | - | - | - | - | - | - | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - |
| full-time | 1 | 1 | - |
| in full-time equivalents | 1 | 1 | - |
| 1 | 1 | 1 | |
| On a permanent contract | 1 | 1 | - |
Source: social balance sheet in the 2021 to 2023 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €998 | - | €22,305 | €489 | - |
| €4,461 | €4,624 | €2,765 | €2,422 | €2,259 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on HM CONSTRUCT
The operating result for 2025 is a loss of €5,301, after a profit of €18,590 in 2024. It is the lowest result since 2022.
Equity is negative. Debt (€19,326) exceeds the balance-sheet total (€15,296).
Board & ownership
Board
1 directorMandates through the years
1 name, the dashed line is todayHemula Michel
Director
Director
Board
Mandates as a list
- Hemula Michel
- Director, from 17-01-2007 to date
Control
Capital
- Contribution
- €18,600
- Source
- 2025 annual accounts
Network & group
No group
HM CONSTRUCT has no parent and no holdings in its annual accounts. Hemula Michel is the only director. HM CONSTRUCT shares no director with another company.
At the same address
Kolonel Bourgstraat 127, 1140 Evere · 123 other companies| PARKEERAGENTSCHAP VAN HET BRUSSELS HOOFDSTEDELIJK GEWEST
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Timeline
Timeline
28 events since 2007Filings
Financial
Establishments
Address
2008201020122014201620182020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 28 days late
2025
Annual accounts 2024 filed PDFmicro format · 21 days late
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
Back to profit net €1,484 The net result is €1,484, after 2 loss-making years.
Annual accounts 2022 filed PDFmicro format · 52 days late
2022
Weakest financial year net -€22,213 The net result drops to -€22,213, the lowest from 2009 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFfull format · 1 day before the deadline
2021
Annual accounts 2020 filed PDFfull format · 152 days late
2020
Back to profit net €18,221 The net result is €18,221, after 2 loss-making years.
Liquidity more than 5 times current ratio 1.80 The current ratio rises from 0.32 to 1.80. Short-term debt falls from €13,287 to €8,051.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0886676010
Annual accounts 2019 filed PDFfull format · 61 days late
Annual accounts 2018 filed PDFfull format · 383 days late
2019
Annual accounts 2017 filed PDFmicro format · 303 days late
Registered office moved within BrusselsNew registered office: Rue Colonel Bourg 127 bte 16 1140 Bruxelles · Previous registered office: Rue au Bols 515, 1150 Bruxelles · General meeting of 19-03-20192 points ▸
- General meeting, 19-03-2019
- Registered-office move, Rue Colonel Bourg 127 bte 16 1140 Bruxelles
2017
Annual accounts 2016 filed PDFfull format · 78 days late
2016
Annual accounts 2015 filed PDFfull format · 145 days late
2015
Back to profit net €3,047 The net result is €3,047, after 4 loss-making years.
Annual accounts 2014 filed PDFfull format · 11 days before the deadline
2014
Annual accounts 2013 filed PDFfull format · 94 days late
2013
Annual accounts 2012 filed PDFfull format · 28 days late
2012
Annual accounts 2011 filed PDFfull format · 50 days late
2011
Annual accounts 2010 filed PDFfull format · on the deadline day
2010
Annual accounts 2009 filed PDFfull format · 125 days late
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Identity
- Enterprise number
- 0886.676.010
- VAT number
- BE 0886.676.010
- Peppol ID
- 0208:0886676010
- Legal form
- Private limited company (pre-2019)
- Status
- Active, normal situation
- Founded
- 24-01-2007
- Financial year
- ends on 31 December
- Website
- www.hmconstruct.be
- Peppol
- Reachable since 20-11-2020Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- HM CONSTRUCT in French
- Entity type
- Legal entity
Activities
NACEBEL 202543990
Other specialised construction activities main activity
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
43299
Specialised construction activities
43390
Specialised construction activities
Codes under NACEBEL 2003
45250
main activity
45340
45450
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Kolonel Bourgstraat 127 registered office 1140 Evere 4100101 General construction of residential buildings | 24-01-2007 | 2.162.229.473 |
1 former office
- Rue au Bols 515, 1150 Bruxelles until 19-03-2019 · deed of 03-04-2019
Buildings and parcels at the address
- Ground area
- 3,304 m²
- Buildings
- 1,528 m²
- Volume, LiDAR
- 18,106 m³
- Tallest building
- 21.8 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21372C0123/00R000 | 3,304 m² | 1 · 1,528 m² | 21.8 m · 5 |
Contact
E-mail
info@hmconstruct.be
Phone
+32 475 36 36 31
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0886.676.010