HOCETEC CONSTRUCTION

Active

Private limited companyfounded 20215 yrs activeRue de la Bruyère 156, 7021 Mons, BelgiumKBO/BCE: BE 0761.488.008

The computed 12-month bankruptcy probability of HOCETEC CONSTRUCTION is 2.6% (moderate). The 2024 annual accounts show equity of €80k and a net result of €16k. Equity is growing by ~96.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 686 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

56 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability74▼-6

Solvency45▲+8

Growth78=

Track record94

Bankruptcy probability, 12 months

2.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity tight (current ratio 1.3 against 1.7 in 2023; short-term debt: 56.1% and cash: 16.8% of total assets), and 80.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Sector 81

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 2024

Solvency, return and age of the figures

Solvency

19.9%

Return on assets

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

61 d late

2022

29 d late

2021

30 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€16k▼ 64.5%

2023 · €45k

2021: €8k 2022: €7k 2023: €45k

2021 → 2024

Working capital

€67k▼ 63.1%

2023 · €181k

2021: €8k 2022: €11k 2023: €181k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€12k-€19k▲ 62.1%€64k▲ 236%€80k▲ 24.9%

Operating result€12k-€11k▼ 9.4%€68k▲ 520%€30k▼ 55.6%

Net result€8k-€7k▼ 6.1%€45k▲ 515%€16k▼ 64.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 56% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €403k

27.3%

72.7%

Fixed assets €110k▲ 33.9%

Current assets €293k▼ 33.3%

Equity and liabilities €403k

19.9%

80.1%

Equity €80k▲ 24.9%

Debt €322k▼ 29.4%

The debt ratio falls from 87.7% to 80.1%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€62k▼

2023 · €89k

Cash flow

€48k▼

2023 · €67k

Solvency

19.9%▲

2023 · 12.3%

Current ratio

1.30▼

2023 · 1.70

Quick ratio

1.24▼

2023 · 1.67

Debt / equity

4.02▼

2023 · 7.12

ROE

19.9%▼

2023 · 70.2%

ROA

4.0%▼

2023 · 8.6%

Interest coverage

12.14▼

2023 · 16.67

Debt

€322k▼

2023 · €457k

Debt ≤ 1 year

€226k▼

2023 · €258k

Debt > 1 year

€96k▲

2023 · €68k

Income taxes

€9k▼

2023 · €17k

Staff costs

€588k▲

2023 · €325k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€521k€403k▼

Fixed assets21/28€82k€110k▲

Tangible fixed assets22/27€82k€110k▲

Plant, machinery and equipment23€81k€67k▼

Furniture and vehicles24€644€16k▲

Leasing and similar rights25-€27k

Current assets29/58€439k€293k▼

Stocks and contracts in progress3€9k€13k▲

Stocks30/36€9k€13k▲

Amounts receivable within one year40/41€408k€192k▼

Trade receivables40€393k€169k▼

Other amounts receivable41€15k€24k▲

Cash at bank and in hand54/58€4k€68k▲

Deferred charges and accrued income490/1€18k€20k▲

Equity and liabilities

Total equity and liabilities10/49€521k€403k▼

Equity10/15€64k€80k▲

Contributions10/11€4k€4k=

Profit (loss) carried forward14€60k€76k▲

Amounts payable17/49€457k€322k▼

Amounts payable after more than one year17€68k€96k▲

Financial debts170/4€68k€96k▲

Amounts payable within one year42/48€258k€226k▼

Current portion of amounts payable after more than one year42€9k€19k▲

Trade debts44€184k€186k▲

Suppliers440/4€184k€186k▲

Advances received on contracts in progress46€4k-

Taxes, remuneration and social security45€17k€3k▼

Taxes450/3€17k€2k▼

Remuneration and social security454/9-€484

Other amounts payable47/48€42k€18k▼

Accrued charges and deferred income492/3€131k€831▼

Income statement Code20232024

Remuneration, social security and pensions62€325k€588k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€32k▲

Other operating charges640/8€791€3k▲

Gross operating margin9900€415k€653k▲

Operating profit (loss)9901€68k€30k▼

Financial income75/76B€6€207▲

Recurring financial income75€6€207▲

Financial charges65/66B€5k€5k▼

Recurring financial charges65€5k€5k▼

Profit (loss) for the period before taxes9903€62k€25k▼

Income taxes67/77€17k€9k▼

Profit (loss) for the period9904€45k€16k▼

Profit (loss) for the period to be appropriated9905€45k€16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€60k€76k▲

Profit (loss) brought forward from the previous period14P€15k€60k▲

Social balance

Average headcount (FTE)9087-10.7

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 28 days late

2024

30-09

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 61 days late

2023

31-12

Financial Highest result since 2021net €45k ▲515%

Operating result €68k, net result €45k, both a record.

29-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 29 days late

2022

31-12

Financial Weakest financial yearnet €7k ▼6.1%

Net result drops to €7k, the lowest in the series; recovery starts the following year.

30-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Mons · 1 establishment unit since 2021

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue de la Bruyère 1567021 Mons

Ground area

1,070 m²

Building footprint

172 m²

Volume, LiDAR

1,192 m³

Parcel 53038A0385/00Z019, Wallonia · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

HOCETEC CONSTRUCTION

Rue de la Bruyère 156, 7021 MonsRepair and maintenance of fabricated metal products

since 20212.313.332.115

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
53038A0385/00Z019	Wallonia	1,070 m²	1 · 172 m²	9.5 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Court-Saint-Etienne · Eq €80k

TUINEN DE LINDE

BE 0463.253.291

Wevelgem · Eq €80k

Aménagements Marchal Audran

BE 0778.793.697

Assesse · Eq €80k

Of 21,219 companies in sector 81300 we hold annual accounts for 4,363. 3,639 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded12-01-2021

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43999Specialised construction activities

81300Landscape service activities

43230Insulation installation

43291Specialised construction activities

43320Joinery installation

43343Specialised construction activities

43350Other building finishing work

43410Roofing work

43422Screed work

43992Specialised construction activities

81220Other building cleaning and industrial cleaning

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

E-mail:info@hocetec.be

Establishment Mons 2.313.332.115