HPS CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HPS CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €539,709 and a net result of €184,244. Equity is growing by about 53% per year across the filed financial years. Its solvency ranks better than 25% of 1,028 sector peers (NACE 41, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 13.3 FTE
- Equity
- €539,709
- Profit
- €184,244
- Largest shareholder
- NS SOLUTIONS · 32%
- NS SOLUTIONSDirector · permanent representative SNOECK Nicolas Joseph Léonard Arthur
Why 55raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 20191 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed 28-04-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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, small): better than 29% on solvency, 22% on liquidity, 51% on profitability and 91% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 6 accounts on average 42 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · full…
- Highest result from 2020 to 2025net €184,244 ▲50.4%
Financials · financial year 2025, full format
2021 to 2025, 5 financial years 2020 to 2025, 6 financial years
The operating result has risen four years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97.3% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,684 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €0.3m | €0.5m | €0.6m | €0.6m | €0.6m | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.05m | €0.07m | €0.07m | €0.08m | €0.1m | ▲ 74.7% |
| Other operating charges640/8 | - | €0.004m | €0.005m | €0.02m | €0.03m | €0.01m | ▼ 70.9% |
| Non-recurring operating charges66A | - | - | - | - | - | €0.03m | - |
| Gross operating margin9900 | €0.2m | €0.4m | €0.6m | €0.8m | €1.0m | €1.2m | ▲ 21.7% |
| Operating profit (loss)9901 | €0.06m | €0.006m | €0.07m | €0.1m | €0.2m | €0.3m | ▲ 53.8% |
| Financial income75/76B | - | €50 | €281 | €0.002m | €0.001m | €0.006m | ▲ 434% |
| Recurring financial income75 | €0.001m | €50 | €281 | €0.002m | €0.001m | €0.006m | ▲ 434% |
| Financial charges65/66B | - | €0.002m | €0.002m | €0.01m | €0.08m | €0.1m | ▲ 41.7% |
| Recurring financial charges65 | €0.002m | €0.002m | €0.002m | €0.01m | €0.08m | €0.1m | ▲ 41.7% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.004m | €0.07m | €0.08m | €0.1m | €0.2m | ▲ 63.1% |
| Income taxes67/77 | €0.004m | - | - | - | €0.02m | €0.05m | ▲ 130% |
| Profit (loss) for the period9904 | €0.05m | €0.004m | €0.07m | €0.08m | €0.1m | €0.2m | ▲ 50.4% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.004m | €0.07m | €0.08m | €0.1m | €0.2m | ▲ 50.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €0.3m | €0.4m | €0.6m | €2.1m | €2.6m | €3.2m | ▲ 21.9% |
| Fixed assets21/28 | €0.1m | €0.2m | €0.2m | €0.2m | €0.3m | €0.8m | ▲ 210% |
| Intangible fixed assets21 | - | €0.004m | €0.007m | €0.005m | €0.007m | €0.03m | ▲ 360% |
| Tangible fixed assets22/27 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.8m | ▲ 240% |
| Land and buildings22 | - | - | - | - | - | €0.5m | - |
| Plant, machinery and equipment23 | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 0.5% |
| Furniture and vehicles24 | - | €0.07m | €0.04m | €0.05m | €0.1m | €0.1m | ▲ 38.2% |
| Leasing and similar rights25 | - | €0.02m | €0.02m | - | - | - | - |
| Other tangible fixed assets26 | - | €0.001m | €0.001m | €476 | €124 | €0.002m | ▲ 17× |
| Assets under construction and advance payments27 | - | €0.003m | €0.003m | - | - | - | - |
| Financial fixed assets28 | €124 | €0.002m | €224 | €0.02m | €0.03m | €124 | ▼ 99.5% |
| Current assets29/58 | €0.2m | €0.2m | €0.4m | €1.9m | €2.4m | €2.4m | ▲ 1.2% |
| Stocks and contracts in progress3 | €0.002m | €0.01m | €0.02m | €0.6m | €1.4m | €1.2m | ▼ 13.4% |
| Stocks30/36 | - | €0.01m | €0.02m | €0.6m | €1.4m | €1.2m | ▼ 13.4% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.2m | €0.8m | €0.7m | €0.9m | ▲ 19.8% |
| Trade receivables40 | - | €0.1m | €0.2m | €0.6m | €0.6m | €0.8m | ▲ 43.8% |
| Other amounts receivable41 | - | €0.01m | €0.05m | €0.2m | €0.2m | €0.08m | ▼ 55.7% |
| Current investments50/53 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 2.7% |
| Cash at bank and in hand54/58 | €0.04m | €0.02m | €0.1m | €0.3m | €0.1m | €0.2m | ▲ 50.3% |
| Deferred charges and accrued income490/1 | - | €0.03m | €0.03m | €0.03m | €0.02m | €0.04m | ▲ 63.7% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €0.3m | €0.4m | €0.6m | €2.1m | €2.6m | €3.2m | ▲ 21.9% |
| Equity10/15 | €0.07m | €0.08m | €0.1m | €0.2m | €0.4m | €0.5m | ▲ 51.8% |
| Contributions10/11 | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 2.7% |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 2.7% |
| Own shares acquired1312 | - | - | - | €0.1m | €0.1m | €0.1m | ▼ 2.7% |
| Profit (loss) carried forward14 | €0.05m | €0.06m | €0.1m | €0.09m | €0.2m | €0.4m | ▲ 89.1% |
| Amounts payable17/49 | €0.2m | €0.3m | €0.4m | €1.9m | €2.3m | €2.6m | ▲ 17.2% |
| Amounts payable after more than one year17 | €0.08m | €0.1m | €0.09m | €0.2m | €0.2m | €0.6m | ▲ 250% |
| Financial debts170/4 | - | €0.1m | €0.09m | €0.2m | €0.2m | €0.6m | ▲ 250% |
| Amounts payable within one year42/48 | €0.1m | €0.2m | €0.3m | €1.7m | €2.1m | €2.0m | ▼ 3.4% |
| Current portion of amounts payable after more than one year42 | - | €0.03m | €0.03m | €0.04m | €0.06m | €0.1m | ▲ 97.5% |
| Financial debts43 | - | - | - | €0.8m | €1.4m | €0.8m | ▼ 41.4% |
| Credit institutions430/8 | - | - | - | €0.8m | €1.4m | €0.8m | ▼ 41.4% |
| Trade debts44 | €0.1m | €0.1m | €0.3m | €0.7m | €0.6m | €0.8m | ▲ 37.5% |
| Suppliers440/4 | - | €0.1m | €0.3m | €0.7m | €0.6m | €0.8m | ▲ 37.5% |
| Advances received on contracts in progress46 | - | - | - | €0.1m | - | - | - |
| Taxes, remuneration and social security45 | - | €0.009m | €0.01m | €0.001m | €0.01m | €0.2m | ▲ 16× |
| Taxes450/3 | - | €0.004m | - | - | €0.01m | €0.1m | ▲ 14× |
| Remuneration and social security454/9 | - | €0.005m | €0.01m | €0.001m | €3 | €0.02m | ▲ 6,791× |
| Other amounts payable47/48 | - | €0.04m | €0.001m | €0.001m | €0.002m | €0.09m | ▲ 42× |
| Accrued charges and deferred income492/3 | - | €321 | €0.001m | €0.01m | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,545 | €3,789 | €70,673 | €84,939 | €122,519 | €184,244 | ▲ 50.4% |
| + Depreciation and write-downs630 | €26,713 | €52,805 | €74,431 | €65,060 | €82,527 | €144,174 | ▲ 74.7% |
| Operating cash flow (approximation) | €80,259 | €56,594 | €145,104 | €149,999 | €205,046 | €328,418 | ▲ 60.2% |
| Investment in fixed assets (approximation) | - | -€154,034 | -€51,208 | -€89,215 | -€129,440 | -€686,805 | ▼ 431% |
| Change in cash | - | -€19,854 | €92,985 | €195,756 | -€202,518 | €51,020 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 28-04-2026 | 2026-00090580 |
| 31-12-2024 | full format | 28-03-2025 | 2025-00056924 |
| 31-12-2023 | full format | 10-05-2024 | 2024-00085538 |
| 31-12-2022 | micro format | 29-08-2023 | 2023-00380284 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20396737 |
| 31-12-2020 | micro format | 19-07-2021 | 2021-38600083 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| NS SOLUTIONS |
|
| LPM SERVICES |
|
Owners and capital
Owners
1 ownerOwners 1
-
32%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-05
Gazette deed
Registered officeRegistered-office move3 facts ▸
- General meeting, 28-04-2026
- Registered-office move, Avenue Alfred Deponthière 50 4431 ANS
- Other provision, “Deuxième résolution, Divers” (deed in French)
04-03
Gazette deed
Appointment: NS SOLUTIONS (director)Permanent representative: SNOECK Nicolas Joseph Léonard Arthur · Power of attorney5 facts ▸
- General meeting, 20-02-2024
- Other provision, “dispense de lecture du rapport, Première résolution A” (deed in French)
- Director appointment, NS SOLUTIONS (director (not named in the articles))
- Permanent representative, SNOECK Nicolas Joseph Léonard Arthur
- Power of attorney
06-12
Gazette deed
Resignation: LPM SERVICES (director)5 facts ▸
- General meeting, 08-11-2023
- Director resignation, LPM SERVICES (director)
- Director in office, NAMY SRL (director)
- Other provision, “représentant de SRL LPM SERVICES, représentant de l'administrateur démissionnaire” (deed in French)
- Other provision, “représentant de NAMY SRL, représentant de l'administrateur signataire” (deed in French)
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
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, with enterprise number 0726.930.470
Recognitions · licences · registrations
Recognised contractor
22 categories- C General road works contractsclass 1, up to €162,000
- C1 Ordinary sewer worksclass 1, up to €162,000
- D General building contractsclass 5, up to €2,172,000
- D1 All shell construction and roofing-in of buildingsclass 5, up to €2,172,000
- D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 5, up to €2,172,000
- D5 General joinery, timber roof trusses and stairsclass 5, up to €2,172,000
- D8 Asphalt and similar roof coverings, waterproofingclass 2, up to €330,000
- D11 Plastering and renderingclass 3, up to €600,000
Show all 22 categories
- D12 Non-metal, non-asphalt roof coveringsclass 2, up to €330,000
- D16 Sanitary installations and gas heating with individual appliancesclass 1, up to €162,000
- D17 Central heating, thermal installationsclass 3, up to €600,000
- D18 Ventilation, warm-air heating and air conditioningclass 3, up to €600,000
- D21 Cleaning and restoring facadesclass 2, up to €330,000
- E General civil engineering contractsclass 2, up to €330,000
- F General steel construction contractsclass 5, up to €2,172,000
- F2 Steel load-bearing structuresclass 5, up to €2,172,000
- G General earthworks contractsclass 2, up to €330,000
- G5 Demolitionclass 3, up to €600,000
- P1 Electrical installations in buildings, with fire and burglar alarms and telecomsclass 3, up to €600,000
- P2 Electrical and electromechanical installations of structures and industry, outdoor installationsclass 1, up to €162,000
- P3 Overhead power linesclass 1, up to €162,000
- S1 Public telephone and telegraph equipmentclass 1, up to €162,000
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 62066B0042/00G002 | Wallonia | 4,854 m² | 1 · 968 m² | 9.1 m · 3 |
How the parcels are linked
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “La construction,la rénovation,l'aménagement de bâtiments de toute nature et travaux publics et privés; La réalisation de travaux de…” (deed in French)
26 activities (deed in French)
- La construction,la rénovation,l'aménagement de bâtiments de toute nature et travaux publics et privés.
- La réalisation de travaux de carrelage et de mosaïque,la pose de chapes,la pose de revêtements de sols en bois,la pose de papiers peints et de revêtements de murs et de sols en d'autres matériaux et plus spécifiquement la pose de revêtements en résine époxy;
- La réalisation de tous travaux d'isolation et la mise en œuvre dans des bâtiments ou d'autres projets de construction de matériaux d'isolation thermique,matériaux d'isolation acoustique et anti vibratile;
- La réalisation de tous travaux de finition et travaux d'achèvement et de finition des bâtiments non décrits ci-avant;
- La réalisation de tous travaux d'installations générales y compris l'installation d'accessoires;
- La réalisation d'autres travaux de construction spécialisés;
- Le marquage à la peinture des chaussées et des aires ou parcs de stationnement;
- Le commerce de gros ou de détail de tous produits et matériaux de revêtement de sols et de murs.
- Les activités de placement et de réparation de menuiserie/vitrerie.
- La fabrication de charpentes et d'autres menuiseries.
- Toute activité de menuiserie en général.
- La construction d’ossatures en bois et en CLT.
- Le conseil pour les affaires et autres conseils de gestion.
- Les activités d'ingénierie et de conseils techniques,sauf activités des géomètres.
- La construction générale d'autres bâtiments non résidentiels et autres activités de construction spécialisées.
- Le montage métallique industriel.
- L'administration et la gestion d'entreprises ou de sociétés,y compris l'exercice de mandats d'administrateur,de gérant ou de liquidateur dans ces entreprises et ces sociétés;
- L'apport de services aux différents domaines de l'activité économique et notamment toute opération d'expertise de conseil,d'assistance,d'apport en personnel,de formation en matière de gestion,d'organisation financière,d'investissement,de développement des ressources humaines ainsi qu'en matière technique,commerciale ou administrative au sens plus large;
- L'étude,le dépôt,la gestion,l'acquisition,l'aliénation de produits de recherches,notamment de brevets,de licences,de know-how ou ingénierie;
- Le conseil en management,communication,publicité,édition notamment dans le domaine de la construction en général;
- L'organisation d'évènements (foires,salons,conférences ... ) et tout activité s'y rapportant;
- La gestion (dans son sens le plus large),notamment,l'achat,la vente,la construction,la transformation,l'aménagement,la location,la sous-location,l'exploitation directe ou en régie,le lotissement,l'échange,et,en général,toutes opérations qui se rattachent directement ou indirectement à la gestion et à la mise en valeur de toutes propriétés immobilières bâties ou non bâties,en Belgique ou à l'étranger,ainsi que la constitution et la gestion d'un patrimoine mobilier corporel ou incorporel en accomplissant toutes opérations et actes juridiques utiles à le conserver et le faire fructifier;
- La création de filiales ou la prise de participations financières dans le capital d'autres sociétés et la gestion de ces participations.
- La société peut notamment se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non.
- Elle peut accomplir toutes opérations commerciales,industrielles,financières,mobilières ou immobilières se rapportant directement ou indirectement à son objet.
- Elle peut s'intéresser par toutes voies dans toutes sociétés,associations ou entreprises ayant un objet similaire ou connexe au sien ou susceptible de favoriser le développement de ses activités
Read from the deeds: 1 provision, deed of 04-03-2024