Equity
€23,464 from €115,673 in 2024
Equity fell by 80% in 1 year.
HOUZZ
Lifetime
9 annual accounts with figures on one time axispeak €319,506 (2024)
€3,529▼ 98.9%
lowest -€110,953 (2018)
-€92,209▼ €223,001
peak €115,673 (2024)
€23,464▼ 79.7%
€561,671▼ 14.6%
Board3 names since 2018
2 directorsAziz LAGHMAOUI and 1 other
Documentsfilings and deeds
28-05-202628 days late
2025micro format
Gross margin from €319,506 to €3,529Loss of €92,209Equity from €115,673 to €23,464Cash from €37,025 to €15,889
Key points
from the 2025 annual accountsResult
-€92,209 -€92,209
From profit to loss in 2025, after a profit of €130,792 in 2024.
Position in the sector
-€92,209
Lower net result than 95% of companies in construction of buildings. Sector median €8,554 · 9,452 companies.
2025 accounts filed 28 days after the deadline
Checked score
52
Fair
Financially stronger than 16% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.6%
01-2025: 6.4%▲ +1.8 percentage points vs 12-2024
02-2025: 6.3%▼ -0.1 percentage points vs 01-2025
03-2025: 6.4%▲ +0.1 percentage points vs 02-2025highest value
04-2025: 5.8%▼ -0.6 percentage points vs 03-2025
05-2025: 5.8%● unchanged vs 04-2025
06-2025: 1.5%▼ -4.3 percentage points vs 05-2025
07-2025: 1.5%● unchanged vs 06-2025
08-2025: 1.5%● unchanged vs 07-2025
09-2025: 1.5%● unchanged vs 08-2025
10-2025: 1.5%● unchanged vs 09-2025
11-2025: 1.5%● unchanged vs 10-2025
12-2025: 1.6%▲ +0.1 percentage points vs 11-2025
01-2026: 1.3%▼ -0.3 percentage points vs 12-2025lowest value
02-2026: 1.4%▲ +0.1 percentage points vs 01-2026
03-2026: 1.5%▲ +0.1 percentage points vs 02-2026
04-2026: 1.6%▲ +0.1 percentage points vs 03-2026
05-2026: 2.0%▲ +0.4 percentage points vs 04-2026
06-2026: 2.5%▲ +0.5 percentage points vs 05-2026
07-2026: 2.2%▼ -0.3 percentage points vs 06-2026
08-2026: 2.1%▼ -0.1 percentage points vs 07-2026
09-2026: 2.1%● unchanged vs 08-2026
10-2026: 2.1%● unchanged vs 09-2026
11-2026: 2.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Last filed accounts filed 28 days late; 1 of the last 3 accounts late
Loss of €92,209 (financial year 2025)
Equity €23,464 (2.2% of total assets)
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 41, micro). It does better than 13% of them on solvency, 34% on liquidity, 13% on profitability and 7% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 912 companies had the same profile as HOUZZ has now. Each dot stands for 3 companies, two years later.
95.3%
were still trading
2.1%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HOUZZ itself: 2.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 912 companies, not a prediction for HOUZZ. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is ample, with a current ratio of 2.3 (2.36 in 2024), above the usual 1.5. Short-term debt is 32.4% and cash 1.5% of total assets. However, 97.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 9462 sector peers (2025).
NBB · sector comparisonPosition among 9462 sector peers
Solvency
better than 13%
← weakest
strongest →
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-05-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filingsDeviation from the deadline
2025
28 days late
2024
30 days late
2022
61 days late
2021
61 days late
2020
31 days late
2019
92 days late
2018
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 48 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
Board and ownership
- LAGHMAOUI Aziz Hacene 185 sharesdeed of 19-12-2023
- AGHRAS Karima 1 sharedeed of 19-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0633689122
Change of role: LAGHMAOUI Aziz Hacene, from manager to director
LAGHMAOUI Aziz Hacene holds 185 shares · AGHRAS Karima holds 1 share · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
New manager
Aziz LAGHMAOUI appointed, Karima AGHRAS resigned · General meeting of 31-03-2018 · Gazette deed
Incorporation
published on 20-07-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HOUZZ Walhain | €1.1m | €3,529 | 2.2% | - |
| DEMÛ Bouwgroep Kortrijk | €0.9m | €4,512 | 6.4% | - |
| AGRIPPA Grobbendonk | €1.2m | €3,809 | 5.2% | - |
| DIKASA Brasschaat | €0.7m | €2,781 | -3.8% | - |
| DEMO-CONSTRUCTION Brussels | €1.1m | €5,484 | 6.6% | - |
| DOSAN Anderlecht | €1.4m | €6,192 | 3.5% | - |
| Myro Construct.a² Manhay | €0.6m | €6,232 | 28.3% | - |
These companies have the same main activity as HOUZZ: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €628,000 and €1.4m, founded between 2011 and 2019.
Official details
Source: KBO- Status
- Active since 09-07-2015Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.249.748.0211325 Chaumont-Gistoux, since 09-07-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 09-03-2026
Insights on HOUZZ
HOUZZ files the micro format. That format states no turnover. The gross margin rose from -€16,952 in 2016 to €3,529 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about HOUZZ
- What is the company number of HOUZZ?
- The company number of HOUZZ is 0633.689.122. The VAT number is the same number with BE in front: BE 0633.689.122.
- Where is HOUZZ based?
- The registered office is at Rue de l'Abbaye 9, 1457 Walhain.Company details
- What does HOUZZ do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of HOUZZ?
- HOUZZ is a private limited company (BV).
- When was HOUZZ founded?
- HOUZZ was founded on 09-07-2015.
- Is HOUZZ still active?
- Yes, HOUZZ is an active enterprise in the KBO register.
- What is the turnover of HOUZZ?
- The turnover in financial year 2025 is ≈ €43,000. This figure is estimated from the gross margin of €3,529 and 263 comparable companies (NACE 41001). It probably lies between €22,000 and €77,000. It is a rough estimate.Financials
- Is HOUZZ profitable?
- In financial year 2025, HOUZZ made a loss of €92,209.
- Where can I find the annual accounts of HOUZZ?
- HOUZZ filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HOUZZ due?
- HOUZZ must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.