HOMES
ActiveSummary
The computed 12-month bankruptcy probability of HOMES is 1.5% (moderate). The 2025 annual accounts show negative equity (-€75,393) and a net result of -€17,782. Equity has been shrinking by about 4.4% per year since 2018. Its solvency ranks better than 5% of 17,149 sector peers (NACE 68, financial year 2025). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-09-2005 Normal situation
- Activity
- Real estate agency activities NACE 68310and 5 others
- Establishment unit
- 2.149.389.445 1950 Kraainem, since 13-10-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.5%
- Gross margin
- -€2,674
- ▲ 67.0%
- Loss
- €17,782
- ▼ 12.4%
- Equity
- -€75,393
- ▼ 30.9%
- Total assets
- €54,567
- ▼ 39.5%
- Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityLoss of €17,782, the second in a row (financial year 2025)Negative equity -€75,393Liquidity: current ratio 0.09, cash €125, halvedlowers riskSize: total assets €54,567Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 68, micro). It does better than 5% of them on solvency, 3% on liquidity, 4% on profitability and 17% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 4 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 29-06-2026 at the NBB all 20 filings
Every figure per financial year
The operating result for 2025 is a loss of €17,833, smaller than the loss of €20,710 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,385 | €6,712 | €48,725 | €18,956 | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €2,181 | €2,952 | €5,609 | €11,859 | €14,929 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 2 entries · €828 awarded · €719 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €156 | €156 |
| 2023 | 1 | €672 | €563 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €38,904 | €5,885 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,061 | €1,531 | €1,590 | €2,181 | €2,952 | €5,609 | €11,859 | €14,929 | ▲ 25.9% |
| Other operating charges640/8 | - | - | - | €1,097 | €478 | €1,158 | €746 | €231 | ▼ 69.1% |
| Non-recurring operating charges66A | - | - | - | - | - | €977 | - | - | - |
| Gross operating margin9900 | -€3,293 | -€2,267 | €1,837 | €4,028 | €28,456 | -€1,907 | -€8,105 | -€2,674 | ▲ 67.0% |
| Operating profit (loss)9901 | -€5,032 | -€4,418 | -€266 | €751 | €25,025 | -€9,652 | -€20,710 | -€17,833 | ▲ 13.9% |
| Financial income75/76B | - | - | - | €1,703 | €0 | - | €691 | €380 | ▼ 45.0% |
| Recurring financial income75 | - | - | - | €1,703 | €0 | - | €691 | €380 | ▼ 45.0% |
| Non-recurring financial income76B | - | - | - | €1,703 | €0 | - | €691 | €380 | ▼ 45.0% |
| Financial charges65/66B | - | - | - | €240 | €1,767 | €199 | €108 | €149 | ▲ 38.3% |
| Recurring financial charges65 | €298 | €238 | €166 | €140 | €124 | €121 | €108 | €133 | ▲ 23.5% |
| Non-recurring financial charges66B | - | - | - | €100 | €1,642 | €79 | - | €16 | - |
| Profit (loss) for the period before taxes9903 | -€5,172 | -€4,535 | €77 | €2,214 | €23,259 | -€9,851 | -€20,127 | -€17,602 | ▲ 12.5% |
| Income taxes67/77 | €533 | €123 | €145 | €176 | €3,351 | €151 | €161 | €180 | ▲ 11.2% |
| Profit (loss) for the period9904 | -€5,705 | -€4,658 | -€68 | €2,038 | €19,908 | -€10,002 | -€20,289 | -€17,782 | ▲ 12.4% |
| Profit (loss) for the period to be appropriated9905 | -€5,705 | -€4,658 | -€68 | €2,038 | €19,908 | -€10,002 | -€20,289 | -€17,782 | ▲ 12.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €21,592 | €23,931 | €15,039 | €18,678 | €22,697 | €63,345 | €90,166 | €54,567 | ▼ 39.5% |
| Fixed assets21/28 | €3,567 | €3,943 | €4,522 | €7,726 | €11,486 | €51,343 | €58,440 | €43,511 | ▼ 25.5% |
| Tangible fixed assets22/27 | €2,123 | €2,499 | €3,078 | €6,282 | €10,042 | €49,899 | €56,996 | €42,067 | ▼ 26.2% |
| Land and buildings22 | - | - | - | €3,165 | €2,454 | €1,743 | €1,032 | €321 | ▼ 68.9% |
| Plant, machinery and equipment23 | - | - | - | €1,061 | €1,333 | €433 | €18,378 | €14,650 | ▼ 20.3% |
| Furniture and vehicles24 | - | - | - | €1,695 | €6,254 | €47,722 | €37,585 | €27,096 | ▼ 27.9% |
| Other tangible fixed assets26 | - | - | - | €361 | - | - | - | - | - |
| Financial fixed assets28 | €1,444 | €1,444 | €1,444 | €1,444 | €1,444 | €1,444 | €1,444 | €1,444 | = |
| Current assets29/58 | €18,025 | €19,989 | €10,517 | €10,953 | €11,211 | €12,003 | €31,726 | €11,056 | ▼ 65.2% |
| Stocks and contracts in progress3 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Stocks30/36 | - | - | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Amounts receivable within one year40/41 | €16,561 | €18,523 | €8,508 | €1,551 | €2,182 | €4,594 | €30,031 | €8,986 | ▼ 70.1% |
| Trade receivables40 | - | - | - | €1,255 | - | €4,594 | €23,912 | €4,655 | ▼ 80.5% |
| Other amounts receivable41 | - | - | - | €296 | €2,182 | - | €6,119 | €4,331 | ▼ 29.2% |
| Cash at bank and in hand54/58 | €464 | €466 | €1,009 | €7,270 | €8,029 | €3,340 | €695 | €125 | ▼ 82.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,132 | - | €3,069 | - | €945 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €21,592 | €23,931 | €15,039 | €18,678 | €22,697 | €63,345 | €90,166 | €54,567 | ▼ 39.5% |
| Equity10/15 | -€44,538 | -€49,197 | -€49,265 | -€47,228 | -€27,320 | -€37,322 | -€57,611 | -€75,393 | ▼ 30.9% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Contributions outside capital11 | - | - | - | €12,400 | €12,400 | €12,400 | - | - | - |
| Other1109/19 | - | - | - | €12,400 | €12,400 | €12,400 | - | - | - |
| Reserves13 | €14,894 | €14,894 | €14,894 | €14,894 | €14,894 | €14,894 | €14,894 | €14,894 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | - | €1,860 | - |
| Tax-exempt reserves132 | - | - | - | €13,034 | €13,034 | €13,034 | €13,034 | €13,034 | = |
| Distributable reserves133 | - | - | - | - | - | - | €1,860 | - | - |
| Profit (loss) carried forward14 | -€71,833 | -€76,491 | -€76,560 | -€74,522 | -€54,614 | -€64,617 | -€84,906 | -€102,687 | ▼ 20.9% |
| Amounts payable17/49 | €66,131 | €73,128 | €64,304 | €65,906 | €50,017 | €100,667 | €147,777 | €129,959 | ▼ 12.1% |
| Amounts payable within one year42/48 | €65,960 | €69,720 | €62,139 | €65,906 | €48,953 | €98,758 | €147,777 | €129,959 | ▼ 12.1% |
| Financial debts43 | - | - | - | - | - | €51,280 | - | - | - |
| Other loans439 | - | - | - | - | - | €51,280 | - | - | - |
| Trade debts44 | €5,724 | €9,560 | €1,834 | €3,341 | €1,582 | €2,424 | €20,702 | €3,711 | ▼ 82.1% |
| Suppliers440/4 | - | - | - | €3,341 | €1,582 | €2,424 | €20,702 | €3,711 | ▼ 82.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €7,012 | €1,476 | ▼ 79.0% |
| Taxes, remuneration and social security45 | - | - | - | €121 | €3,351 | €3,503 | €161 | €180 | ▲ 11.2% |
| Taxes450/3 | - | - | - | €121 | €3,351 | €3,503 | €161 | €180 | ▲ 11.2% |
| Other amounts payable47/48 | - | - | - | €62,444 | €44,019 | €41,552 | €119,902 | €124,594 | ▲ 3.9% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,065 | €1,909 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,705 | -€4,658 | -€68 | €2,038 | €19,908 | -€10,002 | -€20,289 | -€17,782 | ▲ 12.4% |
| + Depreciation and write-downs630 | €1,061 | €1,531 | €1,590 | €2,181 | €2,952 | €5,609 | €11,859 | €14,929 | ▲ 25.9% |
| Operating cash flow (approximation) | -€4,644 | -€3,127 | €1,522 | €4,218 | €22,860 | -€4,393 | -€8,430 | -€2,853 | ▲ 66.2% |
| Investment in fixed assets (approximation) | - | -€1,907 | -€2,169 | -€5,385 | -€6,712 | -€45,466 | -€18,956 | €0 | - |
| Change in cash | - | €1 | €544 | €6,261 | €760 | -€4,690 | -€2,645 | -€570 | ▲ 78.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as HOMES has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOMES itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for HOMES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 29-06-2026 | 2026-00228562 | |
| 31-12-2024 | micro format | 31-07-2025 | 2025-00352872 | |
| 31-12-2023 | micro format | 05-07-2024 | 2024-00222371 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00258522 | |
| 31-12-2021 | micro format | 26-08-2022 | 2022-20340093 | |
| 31-12-2020 | micro format | 14-07-2021 | 2021-35600132 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-49700211 | |
| 31-12-2018 | micro format | 29-08-2019 | 2019-58200531 | |
| 31-12-2017 | micro format | 14-08-2018 | 2018-45500486 | |
| 31-12-2016 | micro format | 26-09-2017 | 2017-62200369 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 18-12-2023 Converted to unavailable equity
- 18-12-2023 Converted to available equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| De Heyn Martine |
|
| Laenen Virginia |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Vermelde prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, voor helft overdrager en helft koper(s),bij meerdere…”
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Alle machten artikel 2:87 WVV zonder bijzondere machtiging, algemene vergadering kan een of meer vereffenaars aanduiden,bevoegdheden…”
Articles of association, deed of 18-12-2023 (in Dutch)
Network & group
HOMES shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of HOMES. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
18-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsIncorporation · Capital conversion · Capital14 points ▸
- General meeting, 05-12-2023
- Incorporation, 29-08-2005
- Other provision, “statuten ongewijzigd, ongewijzigd gebleven” (deed in Dutch)
- Other provision, “besloten vennootschap(afgekort BV)” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital conversion, “beschikbaar voor uitkering” (deed in Dutch)
- Other provision, “uitkeren van interimdividenden, toestaan uitkering interimdividenden” (deed in Dutch)
- Amendment of the articles
- Capital
- Other provision, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “bevestiging bestuursmandaat terminologie, bestuurder” (deed in Dutch)
- Registered office clause, “3545 Halen,Heidestraat 41” (deed in Dutch)
- The act holds 2 more points.
10-05
Gazette deed
Resignation: Laenen Virginia (director)Appointment: De Heyn Martine (director) · Registered office clause · Director discharge5 points ▸
- Registered office clause, “Heidestraat 41, 3545 Zelem” (deed in Dutch)
- General meeting, 21-04-2022
- Director resignation, Laenen Virginia (director)
- Director discharge, Laenen Virginia
- Director appointment, De Heyn Martine (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
18 activities
- 1.het doen van alle hoegenaamde onroerende en roerende verrichtingen in de meest uitgebreide zin,waaronder de aankoop,de verkoop,het doen bouwen,verbouwen,aanpassen,veranderen,uitbaten,verkavelen,het huren of verhuren van alle onroerende goederen.
- 2.het beheren en uitbaten van hotel of logieverstrekkend bedrijf,alsmede van eet- en feestgelegenheden onder eender welke vorm.
- 3.het,zo voor eigen rekening als voor rekening van derden,stellen van allerhande verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het verwerven,vervreemden,ruilen,huren,verhuren,bouwen,verbouwen,verkavelen,beheren en valoriseren van allerhande onroerende goederen.
- 4.het nemen of toestaan van optierechten tot koop of verkoop van roerende of onroerende goederen.
- 5.het verstrekken van leningen,al dan niet met hypotheek gewaarborgd;het financieren van vastgoedprojecten;het verstrekken van middelen en diensten aan ondernemingen en vennootschappen.
- 6.de studie,het ontwerpen,ontwikkelen,promoten en begeleiden van vastgoedprojecten allerhande.
- 7.het uitbaten van een algemene bouwonderneming beperkt tot de coördinatie van voormelde projecten.
- 8.alle mogelijke operaties van onroerende aard,met inbegrip van huur,leasing,erfpacht,opstal,verkoop,inbreng,projectontwikkeling,mijnbouw,bosbouwverrichtingen,grote infrastructuurwerken,olie en natuurlijke rijkdommen,schepen enzovoort,dit alles zowel in België als in het buitenland alsmede alle handel in verband met deze activiteiten.
- 9.de coördinatie van de oprichting van bouwwerken voor eigen rekening zowel als voor derden.
- 10.het uitvoeren en verfraaien van binnenhuisinrichtingen van gebouwen.
- 11.het optreden als tussenpersoon in de aankoop en verkoop en verhuring van onroerende goederen evenals het beheer van onroerende goederen toebehorende aan derden.
- 12.het optreden als tussenpersoon in de handel.
- 13.het verlenen van dienstprestaties van economische aard,zowel in eigen beheer als in deelname met derden;daartoe behoren technoconsult,assistentie op gebied van engineering,technisch,commercieel,marketing,administratief en financieel beheer en advies.
- 14.het nemen van belangen hetzij door deelneming,inbreng,optreden als oprichter of op elke andere wijze,in alle vennootschappen,ondernemingen,syndicaten of groeperingen,bestaande of op te richten,zowel in België als in het buitenland die een gelijkluidend,soortgelijk of aanvullend voorwerp nastreven of die van aard zijn de ontwikkeling van haar onderneming te bevorderen.
- 15.het beleggen van beschikbare middelen in roerende en onroerende goederen en waarden;het verwerven,te gelde maken,inbrengen,afstaan en verhandelen door uitgiften of andere middelen van alle soorten marktwaarden,aandelen of obligaties,van participaties of belangen onder gelijk welke vorm in Belgische of buitenlandse vennootschappen,bestaande of op te richten.Het geven van leningen aan al dan niet verbonden ondernemingen of derden.Het verlenen van waarborgen aan derden in het kader van de uitoefening van de activiteiten van de vennootschap.
- 16.het beheer en exploitatie,valorisatie en instandhouding van een patrimonium(onroerende en roerende goederen,financiële waarden en liquide middelen)
- 17.de vennootschap mag alle bewerkingen doen van industriële,commerciële of financiële,roerende of onroerende aard,in de ruimste zin van het woord,die rechtstreeks of onrechtstreeks in verband staan met het voorwerp.
- 18.import en export van roerende goederen.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0875.895.647
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71063B0305/00R000 | Flanders | 858 m² | 1 · 193 m² | 7.5 m · 1 |
| 22002A0350/00Z000 | Flanders | 277 m² | 1 · 101 m² | 10.3 m · 3 |