HNJ CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HNJ CONSTRUCT is 3.4% (moderate). The annual accounts of HNJ CONSTRUCT for fiscal year 2024 show a net loss of 54% of the equity at the start of that year. The 2024 annual accounts show equity of €22,937 and a net result of -€26,950. Equity is shrinking by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 9976 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-89
Solvency65▼-28
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days 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 short (current ratio 0.91 against 2.95 in 2023; short-term debt: 57% of total assets), and 60.2% 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
39.8%
Return on assets
-46.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
46 d early
2021
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 42 days before 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
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Financials · fiscal year 2024, micro schema
Equity
€22,937▼ 54.0%
2023 · €49,887
Total assets
€57,682▼ 20.9%
2023 · €72,953
Net result
-€26,950
2023 · €11,688
Working capital
-€3,021
2023 · €26,897
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
Line2021202220232024
Operating result€52,058--€4,309€14,728-€26,300
Net result€39,084--€4,885€11,688-€26,950
Equity€43,084-€38,199▼ 11.3%€49,887▲ 30.6%€22,937▼ 54.0%
Total assets€50,738-€63,129▲ 24.4%€72,953▲ 15.6%€57,682▼ 20.9%
Debt€7,654-€24,930▲ 226%€23,066▼ 7.5%€34,745▲ 50.6%
Working capital€37,353-€18,748▼ 49.8%€26,897▲ 43.5%-€3,021
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €26,300 after €14,728 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €57,682
Fixed assets
€27,834 ▼ 13.7%
Current assets
€29,848 ▼ 26.7%
Equity and liabilities €57,682
Equity
€22,937 ▼ 54.0%
Debt
€34,745 ▲ 50.6%
Debt's share of the balance-sheet total rises from 31.6% to 60.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€19,630▼
2023 · €20,778
Cash flow
-€20,280▼
2023 · €17,738
Current ratio
0.91▼
2023 · 2.95
Quick ratio
0.88▼
2023 · 2.89
Debt to equity
1.51▲
2023 · 0.46
ROE
-117.5%▼
2023 · 23.4%
ROA
-46.7%▼
2023 · 16.0%
Interest coverage
-30.13▼
2023 · 29.59
Debt ≤ 1 year
€32,869▲
2023 · €13,817
Debt > 1 year
€1,875▼
2023 · €9,248
Staff costs
€24,883▼
2023 · €27,134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €124,090 | €195,296 | - | - | - |
| Remuneration, social security and pensions62 | €6,368 | €25,298 | €27,134 | €24,883 | ▼ 8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,002 | €4,857 | €6,050 | €6,670 | ▲ 10.2% |
| Other operating charges640/8 | - | €385 | €648 | €760 | ▲ 17.2% |
| Gross operating margin9900 | €61,429 | €26,231 | €48,561 | €6,013 | ▼ 87.6% |
| Operating profit (loss)9901 | €52,058 | -€4,309 | €14,728 | -€26,300 | ▼ 279% |
| Financial income75/76B | €0 | €96 | €1 | €2 | ▲ 243% |
| Recurring financial income75 | €0 | €96 | €1 | €2 | ▲ 243% |
| Financial charges65/66B | €0 | €672 | €702 | €652 | ▼ 7.2% |
| Recurring financial charges65 | €0 | €672 | €702 | €652 | ▼ 7.2% |
| Profit (loss) for the period before taxes9903 | €52,058 | -€4,885 | €14,026 | -€26,950 | ▼ 292% |
| Income taxes67/77 | €12,974 | - | €2,338 | - | - |
| Profit (loss) for the period9904 | €39,084 | -€4,885 | €11,688 | -€26,950 | ▼ 331% |
| Profit (loss) for the period to be appropriated9905 | €39,084 | -€4,885 | €11,688 | -€26,950 | ▼ 331% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,738 | €63,129 | €72,953 | €57,682 | ▼ 20.9% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €5,731 | €35,871 | €32,238 | €27,834 | ▼ 13.7% |
| Intangible fixed assets21 | - | €26,212 | €23,362 | €20,512 | ▼ 12.2% |
| Tangible fixed assets22/27 | €5,731 | €7,649 | €6,866 | €5,312 | ▼ 22.6% |
| Plant, machinery and equipment23 | €4,929 | €6,734 | €6,401 | €5,025 | ▼ 21.5% |
| Furniture and vehicles24 | €802 | €915 | €465 | €287 | ▼ 38.4% |
| Financial fixed assets28 | - | €2,010 | €2,010 | €2,010 | = |
| Current assets29/58 | €45,007 | €27,258 | €40,714 | €29,848 | ▼ 26.7% |
| Stocks and contracts in progress3 | €360 | €460 | €850 | €975 | ▲ 14.7% |
| Stocks30/36 | €360 | €460 | €850 | €975 | ▲ 14.7% |
| Amounts receivable within one year40/41 | €2,203 | €13,094 | €36,082 | €28,407 | ▼ 21.3% |
| Trade receivables40 | €2,172 | €13,094 | €32,916 | €22,480 | ▼ 31.7% |
| Other amounts receivable41 | €31 | €0 | €3,166 | €5,926 | ▲ 87.2% |
| Cash at bank and in hand54/58 | €41,323 | €12,990 | €1,891 | - | - |
| Deferred charges and accrued income490/1 | €1,121 | €714 | €1,891 | €466 | ▼ 75.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,738 | €63,129 | €72,953 | €57,682 | ▼ 20.9% |
| Equity10/15 | €43,084 | €38,199 | €49,887 | €22,937 | ▼ 54.0% |
| Contributions10/11 | €4,000 | €4,000 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €39,084 | €34,199 | €45,887 | €18,937 | ▼ 58.7% |
| Amounts payable17/49 | €7,654 | €24,930 | €23,066 | €34,745 | ▲ 50.6% |
| Amounts payable after more than one year17 | - | €16,420 | €9,248 | €1,875 | ▼ 79.7% |
| Financial debts170/4 | - | €16,420 | €9,248 | €1,875 | ▼ 79.7% |
| Amounts payable within one year42/48 | €7,654 | €8,510 | €13,817 | €32,869 | ▲ 138% |
| Current portion of amounts payable after more than one year42 | - | €6,975 | €7,171 | €7,373 | ▲ 2.8% |
| Financial debts43 | - | - | - | €15,458 | - |
| Credit institutions430/8 | - | - | - | €15,458 | - |
| Trade debts44 | €1,568 | €450 | €3,764 | €855 | ▼ 77.3% |
| Suppliers440/4 | €1,568 | €450 | €3,764 | €855 | ▼ 77.3% |
| Advances received on contracts in progress46 | €2,311 | - | - | - | - |
| Taxes, remuneration and social security45 | €3,768 | €1,085 | €2,882 | €2,567 | ▼ 10.9% |
| Taxes450/3 | €2,628 | €1,016 | €1,295 | €850 | ▼ 34.4% |
| Remuneration and social security454/9 | €1,139 | €70 | €1,587 | €1,717 | ▲ 8.2% |
| Other amounts payable47/48 | €8 | - | - | €6,617 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39,084 | -€4,885 | €11,688 | -€26,950 | ▼ 331% |
| + Depreciation and write-downs630 | €3,002 | €4,857 | €6,050 | €6,670 | ▲ 10.2% |
| Operating cash flow (approximation) | €42,086 | -€28 | €17,738 | -€20,280 | ▼ 214% |
| Investment in fixed assets (approximation) | - | -€34,997 | -€2,418 | -€2,266 | ▲ 6.3% |
| Change in cash | - | -€28,333 | -€11,099 | - | - |
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
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€26,950
Net result drops to -€26,950, the lowest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11,688
Net result €11,688 after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Jurbise · 1 establishment unit since 2021
Ground area
1,272 m²
Building footprint
209 m²
Volume, LiDAR
596 m³
2 parcels, Wallonia · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HNJ CONSTRUCT
since 20212.315.854.016
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53044B0544/00C000 | Wallonia | 660 m² | 1 · 136 m² | 5.7 m · 1 fl. |
| 53023B0134/00W002 | Wallonia | 612 m² | 1 · 72 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 16,042. 11,866 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
Founded19-03-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43410Roofing work
Contact
E-mail
toitures.hoyaux@gmail.com
Phone
+32472325285
E-mail
info@hnjconstruct.beJurbise
Scores and ratios are computed by Checked and are not a credit decision.