Turnover
≈ €120,000 estimated
The accounts state no turnover.
HNM Construct
Overview
Lifetime
2 annual accounts with figures on one time axispeak €19,152 (2023)
€9,529▼ 50.2%
peak €12,338 (2023)
€4,834▼ 60.8%
peak €19,672 (2024)
€19,672▲ 32.6%
€35,954▲ 843%
Board1 name since 2023
1 directorITALO MARTINS Richard
Documentsfilings and deeds
24-01-2026177 days late
2024micro format
Gross margin from €19,152 to €9,529Result from €12,338 to €4,834Registered office moved within Wemmel 24-05Equity from €14,838 to €19,672Debts from €3,813 to €35,954
Key points
from the 2024 annual accountsLiquidity
1.55 was 3.90 in 2023
Short-term debts rose from €3,813 to €35,954.
Starting capital
€2,500 100 shares
2025 accounts not filed, 103 days past the deadline
Checked score
32
Weak
Financially stronger than 50% of micro companies in construction of buildings (NACE 41)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
11.6% High
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 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%
01-2025: 3.4%● unchanged vs 12-2024
02-2025: 3.4%● unchanged vs 01-2025lowest value
03-2025: 3.4%● unchanged vs 02-2025
04-2025: 4.2%▲ +0.8 percentage points vs 03-2025
05-2025: 4.9%▲ +0.7 percentage points vs 04-2025
06-2025: 5.0%▲ +0.1 percentage points vs 05-2025
07-2025: 5.2%▲ +0.2 percentage points vs 06-2025
08-2025: 5.7%▲ +0.5 percentage points vs 07-2025
09-2025: 5.8%▲ +0.1 percentage points vs 08-2025
10-2025: 7.7%▲ +1.9 percentage points vs 09-2025
11-2025: 7.8%▲ +0.1 percentage points vs 10-2025
12-2025: 8.0%▲ +0.2 percentage points vs 11-2025
01-2026: 9.6%▲ +1.6 percentage points vs 12-2025
02-2026: 14.7%▲ +5.1 percentage points vs 01-2026
03-2026: 14.9%▲ +0.2 percentage points vs 02-2026
04-2026: 16.5%▲ +1.6 percentage points vs 03-2026
05-2026: 16.9%▲ +0.4 percentage points vs 04-2026highest value
06-2026: 11.8%▼ -5.1 percentage points vs 05-2026
07-2026: 11.5%▼ -0.3 percentage points vs 06-2026
08-2026: 12.2%▲ +0.7 percentage points vs 07-2026
09-2026: 12.0%▼ -0.2 percentage points vs 08-2026
10-2026: 11.6%▼ -0.4 percentage points vs 09-2026
11-2026: 11.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 177 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.55
Founded in 2023
Size: total assets €55,626
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 43% of them on solvency, 27% on liquidity, 60% on profitability and 72% 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 31-12-2024.
Of the companies with a bankruptcy probability in the high class on 30-06-2025, 14.6% 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, 39,278 companies had the same profile as HNM Construct has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of HNM Construct itself is higher: 11.6% within 12 months. It rests on far more data about HNM Construct than the profile alone.
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 39,278 companies, not a prediction for HNM 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
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.55 (3.9 in 2023), above the usual 1.5. Short-term debt is 64.6% of total assets. However, 64.6% of the assets are financed with debt and provisions.
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.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 103 days later.
NBB · 2 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline11-11-2026 today
raises risk · 2024 accounts filed 177 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-01-2026, 177 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
177 days late
2023
29 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 103 days after 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 (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0795654178
Registered office moved within Wemmel
New registered office: Nerviërslaan 75 bus 3 1780 Wemmel · Previous registered office: Winkel 57 1780 Wemmel · General meeting of 14-03-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 100 shares · Founder: ITALO MARTINS Richard · Appointment: ITALO MARTINS Richard (director) · published on 05-01-2023 · Gazette deed
First establishment
Nerviërslaan 75, Wemmel
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HNM Construct Wemmel | €55,626 | €9,529 | 35.4% | - |
| YSYDAO Machelen (Brab.) | €54,458 | €8,826 | 22.3% | - |
| Veloso Concept Linkebeek | €52,786 | €8,590 | 35.1% | - |
| JAGAS Kortenberg | €47,242 | €10,852 | -5.0% | - |
| SIVA CONSTRUCT Grimbergen | €49,338 | €7,733 | 80.5% | - |
| MAXBUILDING Sint-Pieters-Leeuw | €51,053 | €10,514 | 29.2% | - |
| M Finition Overijse | €47,403 | €11,258 | 59.3% | - |
These companies have the same main activity as HNM Construct: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €47,200 and €54,500, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 03-01-2023Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.339.710.2741780 Wemmel, since 03-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 13-06-2026
Annual accounts 2024
- €9,529▼ 50.2%
- €4,834▼ 60.8%
- €19,672▲ 32.6%
- €55,626▲ 198%
- Filing
- Filed on 24-01-2026
Insights on HNM Construct
The computed 12-month bankruptcy probability of HNM Construct is 11.6% (high). The 2024 annual accounts show equity of €19,672 and a net result of €4,834.
Its solvency ranks better than 43% of 9,833 sector peers (NACE 41, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2024
micro format, filed on 24-01-2026, 177 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 11 November 2026.
€9,529
▼ 50.2%
€5,758
▼ 62.7%
€4,834
▼ 60.8%
€19,672
▲ 77.8%
35.4%
▼ 44.2 percentage points
1.55
▼ 2.36
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €120,000. Estimated: probably between €59,000 and €210,000.
Balance sheet
balance sheet total €55,626 on 31-12-2024What the company ownsHow it is paid for
in euro
Position in the sector
35.4%
Higher than 43% of 9,833 companies in 2024.
1.55
Higher than 46% of 9,553 companies in 2024.
8.7%
Higher than 55% of 9,646 companies in 2024.
HNM Construct
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| Balance sheet: assets | |||
20/58 |
55,626 | 18,651 | |
21/28 |
- | 3,771 | |
22/27 |
- | 3,771 | |
23 |
- | 3,771 | |
29/58 |
55,626 | 14,880 | |
40/41 |
55,626 | 13,289 | |
40 |
37,020 | 732 | |
41 |
18,606 | 12,557 | |
54/58 |
- | 1,591 | |
| Balance sheet: equity and liabilities | |||
10/49 |
55,626 | 18,651 | |
10/15 |
19,672 | 14,838 | |
10/11 |
2,500 | 2,500 | |
14 |
17,172 | 12,338 | |
17/49 |
35,954 | 3,813 | |
42/48 |
35,954 | 3,813 | |
43 |
1,498 | - | |
430/8 |
1,498 | - | |
44 |
30,037 | 728 | |
440/4 |
30,037 | 728 | |
45 |
4,419 | 3,085 | |
450/3 |
4,419 | 3,085 | |
| Income statement | |||
9900 |
9,529 | 19,152 | |
630 |
3,771 | 3,729 | |
9901 |
5,758 | 15,423 | |
75/76B |
690 | - | |
75 |
690 | - | |
65/66B |
280 | - | |
65 |
280 | - | |
9903 |
6,168 | 15,423 | |
67/77 |
1,334 | 3,085 | |
9904 |
4,834 | 12,338 | |
9905 |
4,834 | 12,338 | |
| Appropriation of the result | |||
9906 |
17,172 | 12,338 | |
14P |
12,338 | - | |
| Document | |||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 24-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 |
|---|---|---|---|
| 9,529 | 19,152 | ||
| 8,604 | 16,067 | ||
| -0 | 7,500 | ||
| 19,672 | 11,067 | ||
| 35.4% | 79.6% | ||
| 1.55 | 3.90 | ||
| 1.83 | 0.26 | ||
| 24.6% | 83.2% | ||
| 8.7% | 66.2% | ||
| 33.98 | - |
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.
Investments
fixed assets acquired| Item | 2024 | 2023 |
|---|---|---|
| Tangible fixed assets | - | €7,500 |
| €3,771 | €3,729 |
Source: notes to the 2023 to 2024 annual accounts (statement of fixed assets)
Insights on HNM Construct
The operating result for 2024 is 63% lower than in 2023.
Debt's share of the balance-sheet total rises from 20.4% to 64.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 05-01-2023
Mandates through the years
1 name, the dashed line is todayITALO MARTINS Richard
Director
Director
Board
Mandates as a list
- ITALO MARTINS Richard
- Director, appointed by deed of 05-01-2023, still in office
Control
Capital
- Contribution
- €2,500
- Shares
- 100
- Contribution per share
- €25
- Equity per share
- €197 in 2024
- Source
- deed of 05-01-2023
Articles of association
deed of 05-01-2023 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.
- No statutory auditor
Shareholders
At incorporation
deed of 05-01-2023 ↗
- ITALO MARTINS Richard 100 shares (100%)
Network & group
No group
HNM Construct has no parent and no holdings in its annual accounts. ITALO MARTINS Richard is the only director. HNM Construct shares no director with another company.
At the same address
Nerviërslaan 75, 1780 Wemmel · 6 other companies| Moskalu, Yana (sole trader)
establishment since 08-06-2026 |
founded in 2026 1038.798.635 |
| Nychay, Viktoriya (sole trader)
establishment since 01-05-2026 |
founded in 2026 1036.301.181 |
| Moscalu, Adrian (sole trader)
establishment since 30-01-2024 |
founded in 2024 1005.760.930 |
| Moskalu, Ivan (sole trader)
establishment since 30-01-2024 |
founded in 2024 1005.760.336 |
| Samoilo, Marian (sole trader)
establishment since 30-01-2024 |
founded in 2024 1005.760.732 |
| Mihai, Ion (sole trader)
establishment since 24-04-2023 |
founded in 2023 0801.115.179 |
Timeline
Timeline
6 events since 2023Filings
Establishments
Address
2023202420252026
2026
Registered in the Peppol Directory Reachable for e-invoices through 0208:0795654178
Annual accounts 2024 filed PDFmicro format · 177 days late
2024
Annual accounts 2023 filed PDFabbreviated format · 29 days late
Registered office moved within WemmelNew registered office: Nerviërslaan 75 bus 3 1780 Wemmel · Previous registered office: Winkel 57 1780 Wemmel · General meeting of 14-03-20242 points ▸
- General meeting, 14-03-2024
- Registered-office move, Nerviërslaan 75 bus 3 1780 Wemmel
2023
IncorporationFounding capital of €2,500, 100 shares · Founder: ITALO MARTINS Richard · Appointment: ITALO MARTINS Richard (director) · published on 05-01-20233 points ▸
- Founding capital, €2,500, 100 shares
- Director appointment, ITALO MARTINS Richard
- Founder, ITALO MARTINS Richard
- The deed holds 1 more point.
First establishment Nerviërslaan 75, Wemmel
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 3 January 2023, HNM Construct was incorporated as a private limited company by one natural person, with a starting capital of €2,500.12 In 2024 the registered office moved to Wemmel.3 ITALO MARTINS Richard is director of the company, appointed by deed of 05-01-2023.2
Company details
Identity
- Enterprise number
- 0795.654.178
- VAT number
- BE 0795.654.178
- Peppol ID
- 0208:0795654178
- Other Peppol ID
- 9925:BE0795654178
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 03-01-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 17:00deed of 05-01-2023 (in Dutch)
- Peppol
- Reachable since 13-06-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- HNM Construct in Dutch
- Entity type
- Legal entity
- Name clauseThe company operates under this name according to its articles.
- HNM Constructdeed of 05-01-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Winkel 57 1780 Wemmel”deed of 05-01-2023 (in Dutch)
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
43390
Specialised construction activities
81210
General cleaning of buildings
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle reinigingswerken uitvoeren en de desinfectie van huizen, lokalen, onroerende goederen, appartementen, meubels en diverse…”deed of 05-01-2023 (in Dutch)
19 activities
- Alle reinigingswerken uitvoeren en de desinfectie van huizen, lokalen, onroerende goederen, appartementen, meubels en diverse opslagplaatsen
- Alle werkzaamheden voor verwarming, reiniging en zetting van gevels
- Alle renovatie en afwerkingswerkzaamheden van onroerende goederen
- De plaatsing van kabels en verschillende pijpleidingen
- De installatie van centrale verwarming, elektriciteit, sanitaire en loodgieterij, gasverwarming door individuele apparaten
- Schilderwerken
- Metsel- en betonwerken
- Tegelplaatser
- Mozaïklegger
- Timmerwerk en raamwerken
- Plafonnering
- Cementwerken
- Zinkwerken
- Metalen afdekking
- Tapijtwerk
- Het leggen van bekledingen van muren en bodems
- Vochtwerende werken alsook alle dakwerken
- Plaatsen van smeedwerken, luiken en stalen ramen en deuren of in PVC
- Alle werkzaamheden van aanpassing van speelvlaktes en sportvelden, parken en tuinen met inbegrip van de aanplantingen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Nerviërslaan 75 registered office 1780 Wemmel | 03-01-2023 | 2.339.710.274 |
Buildings and parcels at the address
- Ground area
- 263 m²
- Buildings
- 125 m²
- Volume, LiDAR
- 1,407 m³
- Tallest building
- 12.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 22662B0372/00V002 | 263 m² | 1 · 125 m² | 12.7 m · 4 |
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 0795.654.178