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HomeArt

Active
Private limited company (pre-2019)founded 201610 years activeLoystraat 120, 9220 Hamme (Vl.), BelgiumKBO/BCE: BE 0652.999.347
Summary

The computed 12-month bankruptcy probability of HomeArt is 6.7% (elevated). The 2024 annual accounts show equity of €136,865 and a net result of €12,575. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 9,988 sector peers (NACE 41, fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€628,872total assets 2024
Equity
€136,865
Profit
€12,575
Turnover not published (abridged schema)
Financial health
37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.7%
Structure
Accounts 69 days overdue0 of 2 deeds read
Why 37- Liquidity: current ratio 0.33- Figures for FY 2024 (filed 08-10-2025)- 1 financial year not filed after the legal deadline; latest accounts 62 days late; 2 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 55% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Strong
Solvency 47+4
equity 21.8% of total assets
Liquidity 92+6
short-term debt 16.0%
Profitability 71+1
return on assets 2.0%
Bankruptcy probability, 12 months
6.7% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,362 companies)
Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.6%● unchanged vs 02-2025 04-2025: 3.6%● unchanged vs 03-2025 05-2025: 3.5%▼ -0.1 percentage points vs 04-2025 06-2025: 3.4%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 3.9%▲ +0.6 percentage points vs 07-2025 09-2025: 4.1%▲ +0.2 percentage points vs 08-2025 10-2025: 5.6%▲ +1.5 percentage points vs 09-2025 11-2025: 4.6%▼ -1.0 percentage point vs 10-2025 12-2025: 4.6%● unchanged vs 11-2025 01-2026: 4.6%● unchanged vs 12-2025 02-2026: 4.6%● unchanged vs 01-2026 03-2026: 4.6%● unchanged vs 02-2026 04-2026: 4.5%▼ -0.1 percentage points vs 03-2026 05-2026: 4.5%● unchanged vs 04-2026 06-2026: 4.3%▼ -0.2 percentage points vs 05-2026 07-2026: 4.0%▼ -0.3 percentage points vs 06-2026 08-2026: 4.5%▲ +0.5 percentage points vs 07-2026 09-2026: 4.9%▲ +0.4 percentage points vs 08-2026 10-2026: 6.7%▲ +1.8 percentage points vs 09-2026highest value
Credit up to €5,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.33 against 0.5 in 2023; short-term debt: 16% of total assets), and 78.2% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 29% on solvency, 92% on liquidity, 44% on profitability and 54% on growth.

The bankruptcy probability was computed on 07-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Liquidity: current ratio 0.33
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 08-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 62 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 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 · 8 filings
Deviation from the deadline
2025
not confirmed
2024
62 days late
2023
30 days late
2022
31 days late
2021
92 days late
2020
157 days late
2019
47 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 70 days after 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)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Annual accounts filedfiscal year 2022 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Positive: Among the best 20% on equitysector median €45,154 · 10,002 companies €136,865 View
  • Positive: 7 profitable years in a rowprofit 2024: €12,575 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€628,872
Profit
€12,575
Solvency
21.8%
Total assets▼ 9.7%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2018
  1. 31-12-2022Weakest financial year
  2. 31-10-2022Annual accounts filed
  3. 04-01-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
02-05-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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