HMC Construct
ActiveSummary
The computed 12-month bankruptcy probability of HMC Construct is 2.7% (moderate). The 2024 annual accounts show equity of €240,261 and a net result of -€46,903. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 75% of 9975 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability7▼-32
Solvency91▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 2.92 against 3.29 in 2023; short-term debt: 34.2% and cash: 75.2% of total assets), and 34.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
65.8%
Return on assets
-12.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
30 d late
2022
on the day
2021
5 d late
2020
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€240,261▼ 16.3%
2023 · €287,164
Total assets
€365,068▼ 11.5%
2023 · €412,331
Net result
-€46,903
2023 · €13,358
Working capital
€240,084▼ 16.3%
2023 · €286,794
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€131,441-€190,255▲ 44.7%€62,601▼ 67.1%€97,492▲ 55.7%€28,616▼ 70.6%
Net result€131,355above the sector's middle half-€111,532above the sector's middle half▼ 15.1%€28,419above the sector's middle half▼ 74.5%€13,358within the sector's middle half▼ 53.0%-€46,903below the sector's middle half
Equity€133,855above the sector's middle half-€245,387above the sector's middle half▲ 83.3%€273,806above the sector's middle half▲ 11.6%€287,164above the sector's middle half▲ 4.9%€240,261above the sector's middle half▼ 16.3%
Total assets€140,193within the sector's middle half-€333,874above the sector's middle half▲ 138%€341,763above the sector's middle half▲ 2.4%€412,331above the sector's middle half▲ 20.6%€365,068above the sector's middle half▼ 11.5%
Debt€6,338-€88,487▲ 1,296%€67,957▼ 23.2%€125,167▲ 84.2%€124,807▼ 0.3%
Working capital€132,956above the sector's middle half-€244,681above the sector's middle half▲ 84.0%€273,244above the sector's middle half▲ 11.7%€286,794above the sector's middle half▲ 5.0%€240,084above the sector's middle half▼ 16.3%
Solvency95.5%above the sector's middle half-73.5%above the sector's middle half▼ 22.0pp80.1%above the sector's middle half▲ 6.6pp69.6%above the sector's middle half▼ 10.5pp65.8%within the sector's middle half▼ 3.8pp
Current ratio21.98above the sector's middle half-3.77above the sector's middle half▼ 18.215.02above the sector's middle half▲ 1.263.29above the sector's middle half▼ 1.732.92within the sector's middle half▼ 0.37
Return on assets (ROA)93.7%above the sector's middle half-33.4%above the sector's middle half▼ 60.3pp8.3%within the sector's middle half▼ 25.1pp3.2%within the sector's middle half▼ 5.1pp-12.8%below the sector's middle half▼ 16.1pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 71% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €365,068
Fixed assets
€177 ▼ 52.2%
Current assets
€364,891 ▼ 11.4%
Equity and liabilities €365,068
Equity
€240,261 ▼ 16.3%
Debt
€124,807 ▼ 0.3%
Debt's share of the balance-sheet total rises from 30.4% to 34.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28,809▼
2023 · €97,685
Cash flow
-€46,710▼
2023 · €13,551
Debt to equity
0.52▲
2023 · 0.44
ROE
-19.5%▼
2023 · 4.7%
Interest coverage
0.48▼
2023 · 1.95
Debt ≤ 1 year
€124,807▼
2023 · €125,167
Income taxes
€17,518▼
2023 · €34,602
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,306 | €193 | €193 | €193 | €193 | = |
| Other operating charges640/8 | - | €469 | €705 | €746 | €2,287 | ▲ 207% |
| Gross operating margin9900 | €133,536 | €190,917 | €63,499 | €98,431 | €31,097 | ▼ 68.4% |
| Operating profit (loss)9901 | €131,441 | €190,255 | €62,601 | €97,492 | €28,616 | ▼ 70.6% |
| Financial income75/76B | - | - | - | €554 | €1,561 | ▲ 182% |
| Recurring financial income75 | - | - | - | €554 | €1,561 | ▲ 182% |
| Financial charges65/66B | - | €31,198 | €31,339 | €50,086 | €59,563 | ▲ 18.9% |
| Recurring financial charges65 | €87 | €31,198 | €31,339 | €50,086 | €59,563 | ▲ 18.9% |
| Profit (loss) for the period before taxes9903 | €131,355 | €159,056 | €31,261 | €47,960 | -€29,385 | ▼ 161% |
| Income taxes67/77 | - | €47,524 | €2,842 | €34,602 | €17,518 | ▼ 49.4% |
| Profit (loss) for the period9904 | €131,355 | €111,532 | €28,419 | €13,358 | -€46,903 | ▼ 451% |
| Profit (loss) for the period to be appropriated9905 | €131,355 | €111,532 | €28,419 | €13,358 | -€46,903 | ▼ 451% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €140,193 | €333,874 | €341,763 | €412,331 | €365,068 | ▼ 11.5% |
| Fixed assets21/28 | €898 | €706 | €563 | €370 | €177 | ▼ 52.2% |
| Tangible fixed assets22/27 | €898 | €706 | €513 | €320 | €127 | ▼ 60.3% |
| Furniture and vehicles24 | - | €706 | €513 | €320 | €127 | ▼ 60.3% |
| Financial fixed assets28 | - | - | €50 | €50 | €50 | = |
| Current assets29/58 | €139,295 | €333,169 | €341,201 | €411,961 | €364,891 | ▼ 11.4% |
| Amounts receivable within one year40/41 | €20,586 | €33,903 | €54,048 | €21,777 | €87,846 | ▲ 303% |
| Trade receivables40 | - | €31,279 | €50,293 | €21,777 | €87,846 | ▲ 303% |
| Other amounts receivable41 | - | €2,625 | €3,755 | - | - | - |
| Cash at bank and in hand54/58 | €118,709 | €299,265 | €287,153 | €390,184 | €274,678 | ▼ 29.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2,367 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €140,193 | €333,874 | €341,763 | €412,331 | €365,068 | ▼ 11.5% |
| Equity10/15 | €133,855 | €245,387 | €273,806 | €287,164 | €240,261 | ▼ 16.3% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | - | €111,532 | €139,952 | €153,310 | €153,310 | = |
| Non-distributable reserves130/1 | - | - | - | €250 | €250 | = |
| Reserves not available under the articles1311 | - | - | - | €250 | €250 | = |
| Distributable reserves133 | - | €111,532 | €139,952 | €153,060 | €153,060 | = |
| Profit (loss) carried forward14 | €131,355 | €131,355 | €131,355 | €131,355 | €84,451 | ▼ 35.7% |
| Amounts payable17/49 | €6,338 | €88,487 | €67,957 | €125,167 | €124,807 | ▼ 0.3% |
| Amounts payable within one year42/48 | €6,338 | €88,487 | €67,957 | €125,167 | €124,807 | ▼ 0.3% |
| Trade debts44 | €411 | €1,146 | €5,005 | €331 | €200 | ▼ 39.7% |
| Suppliers440/4 | - | €1,146 | €5,005 | €331 | €200 | ▼ 39.7% |
| Taxes, remuneration and social security45 | - | €47,524 | €9,080 | €52,332 | €36,097 | ▼ 31.0% |
| Taxes450/3 | - | €47,524 | €9,080 | €23,984 | €36,097 | ▲ 50.5% |
| Remuneration and social security454/9 | - | - | - | €28,348 | - | - |
| Other amounts payable47/48 | - | €39,817 | €53,873 | €72,503 | €88,510 | ▲ 22.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €131,355 | €111,532 | €28,419 | €13,358 | -€46,903 | ▼ 451% |
| + Depreciation and write-downs630 | €1,306 | €193 | €193 | €193 | €193 | = |
| Operating cash flow (approximation) | €132,660 | €111,725 | €28,612 | €13,551 | -€46,710 | ▼ 445% |
| Investment in fixed assets (approximation) | - | €0 | -€50 | €0 | €0 | - |
| Change in cash | - | €180,557 | -€12,113 | €103,031 | -€115,506 | ▼ 212% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Weakest financial yearnet -€46,903
Net result drops to -€46,903, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Equity above €200,000Eq €245,387 ▲83.3%
2 profitable years in a row build equity to €245,387.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Jemeppe-sur-Sambre · 1 establishment unit since 2019
Ground area
1,916 m²
Building footprint
168 m²
Volume, LiDAR
1,644 m³
Parcel 92119F0152/00S000, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HMC Construct
since 20192.300.314.517
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92119F0152/00S000 | Wallonia | 1,916 m² | 1 · 168 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900HWZ5A041XM8D97
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DE CREMER N. & R.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 11,625 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
43222Installation of electric heating, air conditioning, cooling and ventilation
70200Business and other management consultancy
74999Other professional, scientific and technical activities
Contact
E-mail
hmc.construct.srl@gmail.com
Phone
0496589240
E-invoicing
Reachable via Peppol
Peppol ID
0208:0738528405
Also
9925:BE0738528405
Registered
18-04-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.