Active BE 0633.712.876Private limited company (pre-2019)

HOME SYSTEM CONSULT

· 11 yrs active

Sector: Construction of buildings (41001)

Conclusion Checked

The computed 12-month bankruptcy probability of HOME SYSTEM CONSULT is 3.8% (moderate). The 2021 annual accounts show negative equity (€-26k) and a net result of €-61k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 1117 sector peers (fiscal year 2021). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€-26k
Net result	€-61k
Better than sector	5%
Active	11 yrs

Snowflake analysis 5 axes · computed by Checked

56 / 100

Mixed profile: strong on profitability, weaker on health.

Health 12

Profitability 100

Solvency 38

Growth 32

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

3.8% Moderate

0%0,5%1,5%4%10%≥25%

Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

Established

Founded in 2015, 11 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2021 · computed

12 / 100 Critical

050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview6 NBB filings

Annual accounts filed on 08-09-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-48.0%	34.0%	better than 5% of 1117 sector peers
Net result	€-61k	€9k	better than 5% of 1117 sector peers
Equity	€-26k	€20k	better than 5% of 1120 sector peers
Gross operating margin	€-5k	€23k	better than 8% of 1110 sector peers
Staff costs	€42k	€26k	higher than 62% of 352 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-47k

-1006.8% far below sector median

Net profit

€-61k

- far below sector median

Cash flow

€-59k

- far below sector median

Total assets

€55k

-45.4% -68% vs sector

Equity

€-26k

- far below sector median

Working capital

€-22k

- far below sector median

Employees (FTE)

1

- -75% vs sector

Staff costs

€42k

- +3% vs sector

Income taxes

€11k

- far above sector median

Debt

€81k

+22.7% +51% vs sector

Debt ≤ 1y

€70k

+11.7% +31% vs sector

Debt > 1y

€11k

+243.2% 18-21

Current ratio

0.69

-53.2% -68% vs sector

Quick ratio

0.69

-53.2% -68% vs sector

Solvency

-48.0%

- far below sector median

Debt / equity

-3.08

- far below sector median

ROE

230.3%

+181.1% far above sector median

ROA

-110.5%

- far below sector median

Interest coverage

-50.83

- far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Revenue	-
EBITDA	€-47k
Net profit	€-61k
Cash flow	€-59k
Staff costs	€42k
Income taxes	€11k
Dividends	-
Total assets	€55k
Equity	€-26k
Debt	€81k
of which ≤ 1y	€70k
of which > 1y	€11k
Working capital	€-22k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	0.69
Quick ratio	0.69
Working capital ratio	-39.9%
Solvency	-48.0%
Debt / equity	-3.08
Long-term debt ratio	-0.41
Interest coverage	-50.83
Gross margin	-
Net margin	-
ROA	-110.5%
ROE	230.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €6k · 11.5% Current assets €49k · 88.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€55k
Fixed assets	21/28	€6k
Financial fixed assets	28	€6k
Current assets	29/58	€49k
Amounts receivable within one year	40/41	€31k
Cash & bank	54/58	€3k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€55k
Equity	10/15	€-26k
Contributions / capital	10/11	€6k
Accumulated profits (losses)	14	€-33k
Amounts payable	17/49	€81k
Amounts payable after one year	17	€11k
Amounts payable within one year	42/48	€70k
Trade debts payable within one year	44	€32k
Income statement
Gross operating margin	9900	€-5k
Operating result	9901	€-48k
Financial income	75	€7
Financial charges	65	€924
Result before taxes	9903	€-49k
Income taxes	67/77	€11k
Net result for the period	9904	€-61k
Result to be appropriated	9905	€-61k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Construction of buildings(41001)
Legal form	Private limited company (pre-2019)(015)
Incorporation	09-07-2015
Status	Active
Postal code	-

Establishment units 1 location

HSC

En Hayeneux 57, 4040 HerstalOntwikkeling van residentiële bouwprojecten

since 20192.295.402.357

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (50%) Wallonia 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22302C0229/00H000	Flanders	726 m²	1 · 402 m²	17.2 m · 4 fl.
62051D1386/00S000	Wallonia	139 m²	1 · 51 m²	12.7 m · 4 fl.

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.

Updates 6 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

08-09-2022