HOMECO
ActiveSummary
HOMECO has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €694k and a net result of €62k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 87% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 15.18 against 5.23 in 2023; short-term debt: 4.3% and cash: 10% of total assets), and 12.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87.5%
Return on assets
7.8%
Age of the figures
21 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 26-05-2025, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
66 d early
2023
21 d early
2022
11 d early
2021
16 d early
2020
40 d early
2019
11 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€694k▲ 6.4%
2023 · €652k
2018: €378k
2019: €370k▼ -2.2% vs 2018lowest in 7 years
2020: €427k▲ +15.4% vs 2019
2021: €503k▲ +17.9% vs 2020
2022: €564k▲ +12.1% vs 2021
2023: €652k▲ +15.5% vs 2022
2024: €694k▲ +6.4% vs 2023highest in 7 years
2018 → 2024
Total assets
€793k▼ 5.8%
2023 · €841k
2018: €618k
2019: €597k▼ -3.3% vs 2018lowest in 7 years
2020: €624k▲ +4.6% vs 2019
2021: €690k▲ +10.5% vs 2020
2022: €745k▲ +8.0% vs 2021
2023: €841k▲ +12.9% vs 2022highest in 7 years
2024: €793k▼ -5.8% vs 2023
2018 → 2024
Net result
€62k▼ 40.6%
2023 · €105k
2018: €20k
2019: €11k▼ -44.6% vs 2018lowest in 7 years
2020: €57k▲ +407% vs 2019
2021: €137k▲ +141% vs 2020highest in 7 years
2022: €80k▼ -41.4% vs 2021
2023: €105k▲ +30.7% vs 2022
2024: €62k▼ -40.6% vs 2023
2018 → 2024
Working capital
€480k▲ 11.5%
2023 · €430k
2018: €150k
2019: €150k● -0.0% vs 2018lowest in 7 years
2020: €215k▲ +43.7% vs 2019
2021: €295k▲ +36.9% vs 2020
2022: €358k▲ +21.3% vs 2021
2023: €430k▲ +20.3% vs 2022
2024: €480k▲ +11.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€427k-€503k▲ 17.9%€564k▲ 12.1%€652k▲ 15.5%€694k▲ 6.4%
2020: €427klowest in 5 years
2021: €503k▲ +17.9% vs 2020
2022: €564k▲ +12.1% vs 2021
2023: €652k▲ +15.5% vs 2022
2024: €694k▲ +6.4% vs 2023highest in 5 years
Operating result€93k-€205k▲ 121%€147k▼ 28.2%€143k▼ 3.0%€90k▼ 36.8%
2020: €93k
2021: €205k▲ +121% vs 2020highest in 5 years
2022: €147k▼ -28.2% vs 2021
2023: €143k▼ -3.0% vs 2022
2024: €90k▼ -36.8% vs 2023lowest in 5 years
Net result€57k-€137k▲ 141%€80k▼ 41.4%€105k▲ 30.7%€62k▼ 40.6%
2020: €57klowest in 5 years
2021: €137k▲ +141% vs 2020highest in 5 years
2022: €80k▼ -41.4% vs 2021
2023: €105k▲ +30.7% vs 2022
2024: €62k▼ -40.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 37% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €793k
Fixed assets
€279k ▼ 9.9%
Current assets
€514k ▼ 3.4%
Equity and liabilities €793k
Equity
€694k ▲ 6.4%
Debt
€99k ▼ 47.8%
Debt's share of the balance-sheet total falls from 22.6% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€128k▼
2023 · €179k
Cash flow
€100k▼
2023 · €141k
Current ratio
15.18▲
2023 · 5.23
Debt to equity
0.14▼
2023 · 0.29
ROE
9.0%▼
2023 · 16.1%
ROA
7.8%▼
2023 · 12.4%
Interest coverage
30.39▲
2023 · -31.31
Debt ≤ 1 year
€34k▼
2023 · €102k
Debt > 1 year
€65k▼
2023 · €88k
Income taxes
€34k▼
2023 · €48k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 59 lines
Balance sheet
Code20232024
Assets
Total assets20/58€841k€793k▼
Fixed assets21/28€310k€279k▼
Intangible fixed assets21€1k€3k▲
Tangible fixed assets22/27€308k€276k▼
Land and buildings22€282k€258k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€25k€17k▼
Financial fixed assets28€50€0▼
Current assets29/58€532k€514k▼
Amounts receivable within one year40/41€26k€28k▲
Trade receivables40€17k€1k▼
Other amounts receivable41€9k€27k▲
Current investments50/53€374k€399k▲
Cash at bank and in hand54/58€126k€79k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€841k€793k▼
Equity10/15€652k€694k▲
Contributions10/11€2k€2k=
Reserves13€441k€483k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€33k€33k=
Distributable reserves133€405k€447k▲
Profit (loss) carried forward14€204k€204k=
Investment grants15€5k€5k=
Amounts payable17/49€190k€99k▼
Amounts payable after more than one year17€88k€65k▼
Financial debts170/4€88k€65k▼
Amounts payable within one year42/48€102k€34k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Financial debts43€2k€2k▲
Credit institutions430/8€2k€2k▲
Trade debts44€69k€7k▼
Suppliers440/4€69k€7k▼
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€1k€29▼
Taxes450/3€1k€29▼
Remuneration and social security454/9€0-
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€273€220▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€38k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€183k€130k▼
Operating profit (loss)9901€143k€90k▼
Financial income75/76B€4k€10k▲
Recurring financial income75€4k€10k▲
Financial charges65/66B€-6k€4k▲
Recurring financial charges65€-6k€4k▲
Profit (loss) for the period before taxes9903€152k€96k▼
Income taxes67/77€48k€34k▼
Profit (loss) for the period9904€105k€62k▼
Profit (loss) for the period to be appropriated9905€105k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€309k€266k▼
Profit (loss) brought forward from the previous period14P€204k€204k=
Transfer from equity791/2€0€20k▲
Transfer to equity691/2€105k€62k▼
To other reserves6921€105k€62k▼
Profit to be distributed694/7€0€20k▲
Return on contributions (dividend)694€0€20k▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €29k | €29k | €36k | €38k | ▲ 4.9% |
| Other operating charges640/8 | - | €2k | €2k | €5k | €2k | ▼ 53.9% |
| Gross operating margin9900 | €128k | €235k | €178k | €183k | €130k | ▼ 29.0% |
| Operating profit (loss)9901 | €93k | €205k | €147k | €143k | €90k | ▼ 36.8% |
| Financial income75/76B | - | €244 | €107 | €4k | €10k | ▲ 138% |
| Recurring financial income75 | €451 | €244 | €107 | €4k | €10k | ▲ 138% |
| Financial charges65/66B | - | €7k | €26k | €-6k | €4k | ▲ 174% |
| Recurring financial charges65 | €8k | €7k | €26k | €-6k | €4k | ▲ 174% |
| Profit (loss) for the period before taxes9903 | €85k | €198k | €121k | €152k | €96k | ▼ 37.2% |
| Income taxes67/77 | €28k | €61k | €41k | €48k | €34k | ▼ 29.7% |
| Profit (loss) for the period9904 | €57k | €137k | €80k | €105k | €62k | ▼ 40.6% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €60k | €137k | €80k | €105k | €62k | ▼ 40.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €624k | €690k | €745k | €841k | €793k | ▼ 5.8% |
| Fixed assets21/28 | €365k | €340k | €317k | €310k | €279k | ▼ 9.9% |
| Intangible fixed assets21 | €495 | €3k | €2k | €1k | €3k | ▲ 108% |
| Tangible fixed assets22/27 | €364k | €337k | €315k | €308k | €276k | ▼ 10.4% |
| Land and buildings22 | - | €336k | €309k | €282k | €258k | ▼ 8.5% |
| Plant, machinery and equipment23 | - | - | - | €2k | €1k | ▼ 22.1% |
| Furniture and vehicles24 | - | €892 | €5k | €25k | €17k | ▼ 31.5% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €0 | ▼ 100% |
| Current assets29/58 | €260k | €350k | €429k | €532k | €514k | ▼ 3.4% |
| Amounts receivable within one year40/41 | €27k | €42k | €34k | €26k | €28k | ▲ 7.4% |
| Trade receivables40 | - | €31k | €33k | €17k | €1k | ▼ 93.9% |
| Other amounts receivable41 | - | €10k | €1k | €9k | €27k | ▲ 197% |
| Current investments50/53 | €51k | €121k | €222k | €374k | €399k | ▲ 6.7% |
| Cash at bank and in hand54/58 | €181k | €183k | €169k | €126k | €79k | ▼ 37.0% |
| Deferred charges and accrued income490/1 | - | €5k | €3k | €6k | €8k | ▲ 21.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €624k | €690k | €745k | €841k | €793k | ▼ 5.8% |
| Equity10/15 | €427k | €503k | €564k | €652k | €694k | ▲ 6.4% |
| Contributions10/11 | - | €19k | €19k | €2k | €2k | = |
| Reserves13 | €201k | €275k | €336k | €441k | €483k | ▲ 9.5% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | - | €33k | €33k | €33k | €33k | = |
| Distributable reserves133 | - | €240k | €301k | €405k | €447k | ▲ 10.4% |
| Profit (loss) carried forward14 | €202k | €204k | €204k | €204k | €204k | = |
| Investment grants15 | - | €5k | €5k | €5k | €5k | = |
| Amounts payable17/49 | €198k | €187k | €181k | €190k | €99k | ▼ 47.8% |
| Amounts payable after more than one year17 | €153k | €132k | €110k | €88k | €65k | ▼ 26.0% |
| Financial debts170/4 | - | €132k | €110k | €88k | €65k | ▼ 26.0% |
| Amounts payable within one year42/48 | €44k | €55k | €71k | €102k | €34k | ▼ 66.7% |
| Current portion of amounts payable after more than one year42 | - | €21k | €22k | €22k | €23k | ▲ 3.1% |
| Financial debts43 | - | €1k | €1k | €2k | €2k | ▲ 3.1% |
| Credit institutions430/8 | - | €1k | €1k | €2k | €2k | ▲ 3.1% |
| Trade debts44 | €5k | €8k | €8k | €69k | €7k | ▼ 90.4% |
| Suppliers440/4 | - | €8k | €8k | €69k | €7k | ▼ 90.4% |
| Advances received on contracts in progress46 | - | €1k | €5k | €3k | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | €24k | €29k | €1k | €29 | ▼ 97.3% |
| Taxes450/3 | - | €24k | €26k | €1k | €29 | ▼ 97.3% |
| Remuneration and social security454/9 | - | €0 | €3k | €0 | - | - |
| Other amounts payable47/48 | - | €38 | €6k | €5k | €3k | ▼ 41.8% |
| Accrued charges and deferred income492/3 | - | €324 | €278 | €273 | €220 | ▼ 19.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57k | €137k | €80k | €105k | €62k | ▼ 40.6% |
| + Depreciation and write-downs630 | €32k | €29k | €29k | €36k | €38k | ▲ 4.9% |
| Operating cash flow (approximation) | €89k | €166k | €109k | €141k | €100k | ▼ 28.9% |
| Investment in fixed assets (approximation) | - | €-4k | €-6k | €-29k | €-8k | ▲ 74.3% |
| Change in cash | - | €3k | €-14k | €-44k | €-46k | ▼ 5.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 15.18
Current ratio from 5.23 to 15.18; short-term debt falls from €102k to €34k.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €137k ▲141%
Operating result €205k, net result €137k, both a record.
31-12
Financial
Equity above €500kEq €503k ▲17.9%
4 profitable years in a row build equity to €503k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Weakest financial yearnet €11k ▼44.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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 2010
Ground area
178 m²
Building footprint
54 m²
Volume, LiDAR
637 m³
Parcel 53053D0218/00X025, Wallonia · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
HOMECO
since 20102.193.736.756
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53053D0218/00X025 | Wallonia | 177 m² | 1 · 54 m² | 13.1 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
98450060693E8AE8A276
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Of 11,546 companies in sector 71121 we hold annual accounts for 6,561. 3,990 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-11-2010
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Contact
Scores and ratios are computed by Checked and are not a credit decision.