Losses
-€47,272 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
HNJ CONSTRUCT
Lifetime
5 annual accounts with figures on one time axispeak €61,429 (2021)
€11,142▲ 85.3%
lowest -€26,950 (2024)
-€20,322▲ €6,627
peak €49,887 (2023)
€2,615▼ 88.6%
€33,637▼ 3.2%
Board1 name since 2021
1 directorHOYAUX Nicolas Joél Marcel
Documentsfilings and deeds
30-06-202631 days before the deadline
2025micro format
Gross margin from €6,013 to €11,142Loss of €20,322Equity from €22,937 to €2,615
Key points
from the 2025 annual accountsTurnover
≈ €130,000 estimated
The micro format states no turnover.
Debts
€33,637 93% of the balance sheet
Financial debts 51%Suppliers 31%Taxes and wages 8%Other 10%
Liquidity
0.33 was 0.91 in 2024
Short-term debts rose from €32,869 to €33,637.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 31 to 46 days before the end of the period.
Position in the sector
-€20,322
Lower net result than 91% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
Checked score
35
Weak
Financially stronger than 7% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.6%
01-2025: 3.6%● unchanged vs 12-2024
02-2025: 3.6%● unchanged vs 01-2025
03-2025: 3.5%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: 4.2%▲ +0.7 percentage points vs 03-2025
05-2025: 5.1%▲ +0.9 percentage points vs 04-2025
06-2025: 5.3%▲ +0.2 percentage points vs 05-2025
07-2025: 6.8%▲ +1.5 percentage points vs 06-2025
08-2025: 6.8%● unchanged vs 07-2025
09-2025: 6.8%● unchanged vs 08-2025
10-2025: 6.8%● unchanged vs 09-2025
11-2025: 6.8%● unchanged vs 10-2025
12-2025: 6.8%● unchanged vs 11-2025
01-2026: 6.8%● unchanged vs 12-2025
02-2026: 6.6%▼ -0.2 percentage points vs 01-2026
03-2026: 6.6%● unchanged vs 02-2026
04-2026: 7.0%▲ +0.4 percentage points vs 03-2026
05-2026: 7.4%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 7.4%● unchanged vs 05-2026
07-2026: 7.2%▼ -0.2 percentage points vs 06-2026
08-2026: 6.8%▼ -0.4 percentage points vs 07-2026
09-2026: 7.4%▲ +0.6 percentage points vs 08-2026
10-2026: 4.6%▼ -2.8 percentage points vs 09-2026
11-2026: 4.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2021
Liquidity: current ratio 0.33
lowers risk
Size: total assets €36,251
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 41, micro). It does better than 16% of them on solvency, 1% on liquidity, 5% on profitability and 6% on growth.
The bankruptcy probability was computed on 10-11-2026 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 elevated class on 30-06-2025, 6.3% 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, 646 companies had the same profile as HNJ CONSTRUCT has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HNJ CONSTRUCT itself: 4.6% 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 646 companies, not a prediction for HNJ 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 publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.33 (0.91 in 2024), below 1. Short-term debt is 92.8% of total assets. 92.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
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 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€20,322
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 16%
← weakest
strongest →
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 · 5 filingsDeviation from the deadline
2025
31 days early
2024
44 days early
2023
40 days early
2022
46 days early
2021
39 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 40 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 22 June (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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Jurbise to Erbisoeulx
New registered office: Rue de Ghlin 100-7050 Erbisoeulx · Previous registered office: avenue Chant des oiseaux 39-7050 Jurbise · General meeting of 02-09-2024 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0765430661
First establishment
Avenue Chant des Oiseaux 39, Jurbise
Incorporation
Founding capital of €4,000, 100 shares · Founder: HOYAUX Nicolas Joél Marcel · Appointment: HOYAUX Nicolas Joél Marcel (director) · published on 23-03-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HNJ CONSTRUCT Jurbise | €36,251 | €11,142 | 7.2% | - |
| NADORCONSTRUCT Saint-Ghislain | €37,501 | €12,910 | 40.7% | - |
| SIO SOLUTIONS Opwijk | €36,691 | €10,690 | 73.8% | - |
| Bouwwerken SDB Lier | €34,368 | €11,412 | 15.6% | - |
| FLEX COMPANY Grimbergen | €34,640 | €11,678 | 38.3% | - |
| DM RENOV Wemmel | €35,098 | €10,430 | 64.3% | - |
| FYM CONCEPT Anderlecht | €35,596 | €12,340 | 40.0% | - |
These companies have the same main activity as HNJ CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €34,400 and €37,500, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 19-03-2021Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.315.854.0167050 Jurbise, since 01-04-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 30-04-2021
Annual accounts 2025
- €36,251▼ 37.2%
- Filing
- Filed on 30-06-2026, 31 days before the end of the filing period
Insights on HNJ CONSTRUCT
HNJ CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €61,429 in 2021 to €11,142 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HNJ CONSTRUCT
- What is the company number of HNJ CONSTRUCT?
- The company number of HNJ CONSTRUCT is 0765.430.661. The VAT number is the same number with BE in front: BE 0765.430.661.
- Where is HNJ CONSTRUCT based?
- The registered office is at Rue de Ghlin 100, 7050 Jurbise.Company details
- What does HNJ CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of HNJ CONSTRUCT?
- HNJ CONSTRUCT is a private limited company (BV).
- When was HNJ CONSTRUCT founded?
- HNJ CONSTRUCT was founded on 19-03-2021.
- Is HNJ CONSTRUCT still active?
- Yes, HNJ CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of HNJ CONSTRUCT?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €11,142 and 263 comparable companies (NACE 41001). It probably lies between €69,000 and €240,000. It is a rough estimate.Financials
- Is HNJ CONSTRUCT profitable?
- In financial year 2025, HNJ CONSTRUCT made a loss of €20,322.
- Where can I find the annual accounts of HNJ CONSTRUCT?
- HNJ CONSTRUCT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HNJ CONSTRUCT due?
- HNJ CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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