HMZ CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HMZ CONSTRUCT is 2.1% (moderate). The 2025 annual accounts show equity of €25,175 and a net result of €18,377. Its solvency ranks better than 25% of 7524 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+86
Solvency44▼-21
Growth78
Track record82
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.67 in 2024; short-term debt: 80.7% and cash: 0.8% of total assets), and 80.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.3%
Return on assets
14.1%
Age of the figures
9 mo
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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
22 d early
2024
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 3 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 (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€25,175▲ 270%
2024 · €6,798
Total assets
€130,184▲ 667%
2024 · €16,983
Net result
€18,377
2024 · -€3,202
Working capital
€24,286▲ 257%
2024 · €6,798
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result-€3,396-€22,288
Net result-€3,202-€18,377
Equity€6,798-€25,175▲ 270%
Total assets€16,983-€130,184▲ 667%
Debt€10,185-€105,009▲ 931%
Working capital€6,798-€24,286▲ 257%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22,288 after a loss of €3,396 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130,184
Fixed assets
€889
Current assets
€129,294
Equity and liabilities €130,184
Equity
€25,175 ▲ 270%
Debt
€105,009 ▲ 931%
Debt's share of the balance-sheet total rises from 60.0% to 80.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€22,695
Cash flow
€18,784
Current ratio
1.23▼
2024 · 1.67
Quick ratio
0.02▼
2024 · 1.67
Debt to equity
4.17▲
2024 · 1.50
ROE
73.0%▲
2024 · -47.1%
ROA
14.1%▲
2024 · -18.9%
Interest coverage
193.35
Debt ≤ 1 year
€105,009▲
2024 · €10,185
Income taxes
€3,794
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €407 | - |
| Other operating charges640/8 | €62 | €62 | = |
| Gross operating margin9900 | -€3,334 | €22,757 | ▲ 783% |
| Operating profit (loss)9901 | -€3,396 | €22,288 | ▲ 756% |
| Financial income75/76B | €193 | €0 | ▼ 99.9% |
| Recurring financial income75 | €193 | €0 | ▼ 99.9% |
| Financial charges65/66B | -€2 | €117 | ▲ 5,854% |
| Recurring financial charges65 | -€2 | €117 | ▲ 5,854% |
| Profit (loss) for the period before taxes9903 | -€3,202 | €22,170 | ▲ 792% |
| Income taxes67/77 | - | €3,794 | - |
| Profit (loss) for the period9904 | -€3,202 | €18,377 | ▲ 674% |
| Profit (loss) for the period to be appropriated9905 | -€3,202 | €18,377 | ▲ 674% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €16,983 | €130,184 | ▲ 667% |
| Fixed assets21/28 | - | €889 | - |
| Tangible fixed assets22/27 | - | €889 | - |
| Furniture and vehicles24 | - | €889 | - |
| Current assets29/58 | €16,983 | €129,294 | ▲ 661% |
| Stocks and contracts in progress3 | - | €127,132 | - |
| Stocks30/36 | - | €127,132 | - |
| Amounts receivable within one year40/41 | €16,899 | €1,100 | ▼ 93.5% |
| Trade receivables40 | €10,250 | €1,000 | ▼ 90.2% |
| Other amounts receivable41 | €6,649 | €100 | ▼ 98.5% |
| Cash at bank and in hand54/58 | €84 | €1,063 | ▲ 1,163% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €16,983 | €130,184 | ▲ 667% |
| Equity10/15 | €6,798 | €25,175 | ▲ 270% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€3,202 | €15,175 | ▲ 574% |
| Amounts payable17/49 | €10,185 | €105,009 | ▲ 931% |
| Amounts payable within one year42/48 | €10,185 | €105,009 | ▲ 931% |
| Trade debts44 | €10,185 | €19,926 | ▲ 95.6% |
| Suppliers440/4 | €10,185 | €19,926 | ▲ 95.6% |
| Taxes, remuneration and social security45 | - | €3,880 | - |
| Taxes450/3 | - | €3,880 | - |
| Other amounts payable47/48 | - | €81,203 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€3,202 | €18,377 | ▲ 674% |
| + Depreciation and write-downs630 | - | €407 | - |
| Operating cash flow (approximation) | -€3,202 | €18,784 | ▲ 687% |
| Change in cash | - | €978 | - |
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €18,377
Net result €18,377 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Maasmechelen · 1 establishment unit since 2023
Ground area
819 m²
Building footprint
122 m²
Volume, LiDAR
622 m³
Parcel 73096A0140/00B000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HMZ CONSTRUCT
since 20232.358.512.735
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73096A0140/00B000 | Flanders | 819 m² | 1 · 122 m² | 8.7 m · 2 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,090 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
Founded16-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.