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HOME DEPOTS

Active
Private limited companyfounded 200619 yrs activeJos Damienstraat 2, 3511 Hasselt, BelgiumKBO/BCE: BE 0885.229.918

HOME DEPOTS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €108k and a net result of €6k. Equity is shrinking by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2024
54 / 100
Fair= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability29▲+25
Solvency41▲+9
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.35 against 0.38 in 2023), and 67% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
33%
Return on assets
1.9%
Age of the figures
20 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 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d early
2023
on the day
2022
31 d late
2021
54 d late
2020
30 d late
2019
63 d late
← before the deadline after the deadline →
neutral · 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, abbreviated schema

Equity
€108k▲ 6.2%
2023 · €101k
2018: €204k 2019: €187k 2020: €186k 2021: €129k 2022: €101k 2023: €101k
2018 → 2024
Total assets
€326k▼ 10.4%
2023 · €364k
2018: €606k 2019: €244k 2020: €214k 2021: €350k 2022: €331k 2023: €364k
2018 → 2024
Net result
€6k▲ 766%
2023 · €722
2018: €14k 2019: €-17k 2020: €-1k 2021: €-56k 2022: €-29k 2023: €722
2018 → 2024
Working capital
€-38k▲ 10.8%
2023 · €-43k
2018: €151k 2019: €181k 2020: €146k 2021: €26k 2022: €13k 2023: €-43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€186k-€129k▼ 30.4%€101k▼ 22.1%€101k▲ 0.7%€108k▲ 6.2%
Operating result€-58-€-53k▼ 92,144%€-24k▲ 55.0%€6k€12k▲ 104%
Net result€-1k-€-56k▼ 3,859%€-29k▲ 49.4%€722€6k▲ 766%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0€20kOperating result 2020: €-58€-58Net result 2020: €-1k€-1kOperating result 2021: €-53k€-53kNet result 2021: €-56k€-56kOperating result 2022: €-24k€-24kNet result 2022: €-29k€-29kOperating result 2023: €6k€6kNet result 2023: €722€722Operating result 2024: €12k€12kNet result 2024: €6k€6k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 104% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €326k
Fixed assets €305k▼ 9.7%
Current assets €21k▼ 20.2%
Equity and liabilities €326k
Equity €108k▲ 6.2%
Debt €218k▼ 16.8%
The debt ratio falls from 72.2% to 67.0%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€45k
2023 · €30k
Cash flow
€39k
2023 · €25k
Solvency
33.0%
2023 · 27.8%
Current ratio
0.35
2023 · 0.38
Quick ratio
0.35
2023 · 0.38
Debt / equity
2.03
2023 · 2.59
ROE
5.8%
2023 · 0.7%
ROA
1.9%
2023 · 0.2%
Interest coverage
8.52
2023 · 4.95
Debt
€218k
2023 · €263k
Debt ≤ 1 year
€59k
2023 · €69k
Debt > 1 year
€160k
2023 · €194k
Income taxes
€768
2023 · €80
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€364k€326k
Fixed assets21/28€338k€305k
Intangible fixed assets21€368€0
Tangible fixed assets22/27€337k€305k
Land and buildings22€269k€252k
Plant, machinery and equipment23€196€108
Furniture and vehicles24€68k€53k
Financial fixed assets28€240€240=
Current assets29/58€26k€21k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€13k€14k
Trade receivables40€7k€9k
Other amounts receivable41€6k€5k
Cash at bank and in hand54/58€11k€4k
Deferred charges and accrued income490/1€2k€3k
Equity and liabilities
Total equity and liabilities10/49€364k€326k
Equity10/15€101k€108k
Contributions10/11€25k€25k=
Reserves13€76k€83k
Distributable reserves133€76k€83k
Amounts payable17/49€263k€218k
Amounts payable after more than one year17€194k€160k
Financial debts170/4€194k€160k
Amounts payable within one year42/48€69k€59k
Current portion of amounts payable after more than one year42€34k€34k
Trade debts44€3k€4k
Suppliers440/4€3k€4k
Advances received on contracts in progress46-€146
Taxes, remuneration and social security45€9k€3k
Taxes450/3€9k€3k
Other amounts payable47/48€23k€18k
Accrued charges and deferred income492/3-€88
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€33k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€2k€2k
Gross operating margin9900€32k€47k
Operating profit (loss)9901€6k€12k
Financial income75/76B€897€134
Recurring financial income75€897€134
Financial charges65/66B€6k€5k
Recurring financial charges65€6k€5k
Profit (loss) for the period before taxes9903€803€7k
Income taxes67/77€80€768
Profit (loss) for the period9904€722€6k
Profit (loss) for the period to be appropriated9905€722€6k
Appropriation of the result
Profit (loss) to be appropriated9906€722€6k
Transfer from equity791/2€0-
Transfer to equity691/2€722€6k
To other reserves6921€722€6k

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
11-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Back to profitnet €722
Net result €722 after 4 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
23-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
2021
31-12
Financial Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
02-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-12
Financial Liquidity doublescurrent ratio 4.18
Current ratio from 1.92 to 4.18; short-term debt falls from €163k to €57k.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
27-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 58 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
12-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 director, no change since 2022
CORNELISSEN John Arthur Maria
Non-statutory director · since 29-08-2022
Current
29-08-2022 Resigned as Manager
29-08-2022 Appointed as Non-statutory director
Location & real-estate footprint
Registered office, Hasselt · 2 establishment units since 2006
establishment All 2 establishment units 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.

Jos Damienstraat 23511 Hasselt
Ground area
3.8 ha
Building footprint
1,725 m²
Volume, LiDAR
551 m³
2 parcels, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Cenzo
Jos Damienstraat 2, 3511 HasseltSpecialised construction activities
since 20062.162.479.990
Homedepots
Trichterheideweg 11, 3500 HasseltRenting and operating of own or leased non-residential real estate, excluding land
since 20212.327.435.222
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71323C0727/00C000 Flanders 3.7 ha 1 · 1,636 m² -
71032B0672/00N000 Flanders 536 m² 1 · 90 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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

Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,804 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded24-11-2006
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.