Full dossier in preparation
Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
Process with priority
Sign in free to move this company to the front.
Summary
Conclusion
the dossier summarised in one paragraphA bankruptcy procedure is open for HomeClass according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-331k) and a net result of €-399k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
1 events21-10-2024
Bankruptcy
Opening
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2023: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
1 signalOpen bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
0 events
No administrative flags
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-399k
Working capital€-389k
Directors1
Annual accounts & ratios
Source: NBB · 2023Annual accounts filed on 15-05-2024 with the NBB · fiscal year 2023 · verkort
Sector comparison
Fiscal year 2023 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -13.5% | 13.5% | |
| Net result | €-399k | €394 | |
| Equity | €-331k | €94k | |
| Gross operating margin | €347k | €43k | |
| Staff costs | €530k | €71k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P9
Weakening position over 2020-2023
· n=456-1433
P5
Weakening position over 2020-2023
· n=456-1429
P5
Weakening position over 2020-2023
· n=456-1433
P83
Improving position over 2020-2023
· n=455-1429
Describes the position versus peers, not a forecast.
€-274k
-
20-23
€-399k
-
20-23
€-313k
-
20-23
€2.45M
+1.3%
20-23
€-331k
-
20-23
€-389k
-
20-23
10
+27.8%
20-23
€530k
-24.5%
20-23
€2k
-68.0%
20-23
€2.78M
+18.3%
20-23
€2.50M
+25.9%
20-23
€283k
-22.4%
20-23
0.84
-15.9%
20-23
0.44
-52.0%
20-23
-13.5%
-
20-23
-8.42
-
20-23
120.5%
+320.8%
20-23
-16.3%
-
20-23
-7.09
-
20-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | €-274k |
| Net profit | €-399k |
| Cash flow | €-313k |
| Staff costs | €530k |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €2.45M |
| Equity | €-331k |
| Debt | €2.78M |
| of which ≤ 1y | €2.50M |
| of which > 1y | €283k |
| Working capital | €-389k |
| Employees (FTE) | 10.1 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.84 |
| Quick ratio | 0.44 |
| Working capital ratio | -15.8% |
| Solvency | -13.5% |
| Debt / equity | -8.42 |
| Long-term debt ratio | -0.86 |
| Interest coverage | -7.09 |
| Gross margin | - |
| Net margin | - |
| ROA | -16.3% |
| ROE | 120.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.45M |
| Fixed assets | 21/28 | €341k |
| Tangible fixed assets | 22/27 | €326k |
| Financial fixed assets | 28 | €15k |
| Current assets | 29/58 | €2.11M |
| Stocks & contracts in progress | 3 | €1.02M |
| Amounts receivable within one year | 40/41 | €1.09M |
| Cash & bank | 54/58 | €70 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.45M |
| Equity | 10/15 | €-331k |
| Contributions / capital | 10/11 | €40k |
| Reserves | 13 | €28k |
| Accumulated profits (losses) | 14 | €-399k |
| Amounts payable | 17/49 | €2.78M |
| Amounts payable after one year | 17 | €283k |
| Amounts payable within one year | 42/48 | €2.50M |
| Trade debts payable within one year | 44 | €1.71M |
| Income statement | ||
| Gross operating margin | 9900 | €347k |
| Operating result | 9901 | €-359k |
| Financial income | 75 | €887 |
| Financial charges | 65 | €39k |
| Result before taxes | 9903 | €-397k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €-399k |
| Result to be appropriated | 9905 | €-399k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2023 · computed0
/ 100
Critical
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.
Directors
Directors & mandates
indexingNo directors on record yet
Directors and mandates usually appear here within 24 hours of publication in the Belgian State Gazette.
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Dirk DE MAESENEER PEGASUSLAAN 5, 1831 DIEGEM- |
15-10-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Ontwikkeling van residentiële bouwprojecten(68121) |
| Legal form | Private limited company(610) |
| Incorporation | 16-07-2020 |
| Status | Active |
| Postal code | 1740 |
| First BS signal | 21-10-2024 |
| Latest BS signal | 21-10-2024 |
Structure & network
Company structure: linked entities
1 linked entityMandates
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
1 locationHomeClass
since 20202.305.980.901
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,686 m²
Buildings1
Building footprint1,549 m²
Volume (LiDAR)9,108 m³
Tallest building12.1 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086B0354/00B003 | Flanders | 2,686 m² | 1 · 1,549 m² | 12.1 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
1 event from the State Gazette21-10-2024
Bankruptcy
Opening
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
3 acts Capital history · 1
25-07-2024
Capital change
All acts · 3
updated 2 years ago
2024
25-07-2024 Capital increase of €600,000 to €600,000
03-06-2024 De Breucker Jimmy resigns as director
- De Breucker Jimmy, Bestuurder
21-05-2024 Jimmy De Breucker resigns as director
- Jimmy De Breucker, Bestuurder
Analysis
Snowflake analysis
financial profile on 5 axes35
/ 100
Fragile profile, watch health in particular.
Health
0
Profitability
100
Solvency
41
Growth
32
Stability
0
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Ontwikkeling van residentiële bouwprojecten41101Ontwikkeling van residentiële bouwprojecten68121Algemene bouw van residentiële gebouwen41001Algemene bouw van kantoorgebouwen41002Algemene bouw van residentiële gebouwen41201Algemene bouw van kantoorgebouwen41202Stukadoorswerk43310Stukadoorswerk43310Schrijnwerk43320Schrijnwerk43320Chapewerken43422Chapewerken43996
Primary activity highlighted.
Names & trade names
| Legal nameNL | HomeClass |
Registered office
Industrielaan 38
1740 Ternat, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.