Investments
€40,248 3.6 × depreciation
Green is investment, beige is depreciation.
HRES CONSTRUCT
Lifetime
3 annual accounts with figures on one time axispeak €411,705 (2024)
€369,891▼ 10.2%
peak €26,057 (2023)
€2,093▼ 85.0%
peak €43,122 (2025)
€43,122▲ 5.1%
€82,106▲ 58.7%
Board1 name since 2023
1 director
Documentsfilings and deeds
20-07-202611 days before the deadline
2025micro format
Gross margin from €32,187 to €18,717Result from €13,972 to €2,093Debts from €51,732 to €82,106Investments €40,248Cash from €14,474 to €22,583
Key points
from the 2025 annual accountsPayment terms
46 days to suppliers
HRES CONSTRUCT pays its suppliers 20 days later than in 2024. Customers pay 16 days earlier.
Filings
3 annual accounts 1 late
The 2023 accounts came 30 days late. The other two were filed on time.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,545 companies had the same profile as HRES CONSTRUCT has now. Each dot stands for 7 companies, two years later.
94.3%
were still trading
3.2%
stopped another way
2.3%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,545 companies, not a prediction for HRES CONSTRUCT. 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
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Signals
Recent changes
Registered office moved from Kapelle-op-den-Bos to Tienen
New registered office: SINT-PIETERSSTRAAT 68, 3300 TIENEN · Previous registered office: Paddegatstraat 63, 1880 Kapelle-op-den-Bos · General meeting of 16-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0803014795
Incorporation
Founding capital of €1,000, 100 shares · Founder: (sole founder) · Appointment: (director) · published on 23-06-2023 · Gazette deed
First establishment
Sint-Pietersstraat 68, Tienen
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| HRES CONSTRUCT Tienen | €369,891 | 1.8% | 34.4% | - |
| JNS LIGHTING Sint-Pieters-Leeuw | - | - | 28.8% | - |
| CB RENOVATION Sint-Genesius-Rode | - | - | 56.9% | - |
| MS Expert Asse | €717,951 | 1.5% | 12.4% | - |
| MTR CONSTRUCT Molenbeek-Saint-Jean | - | - | 26.9% | - |
| Kitvoegwerken Luc Luyckx Kinrooi | - | - | 57.1% | - |
| ZACT Building Watermael-Boitsfort | €171,593 | 11.0% | 43.5% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as HRES CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €110,000 and €131,000, founded in 2023.
Official details
Source: KBO- Status
- Active since 21-06-2023Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.348.120.3723300 Tienen, since 21-06-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 07-11-2025
Annual accounts 2025
- €125,229▲ 35.0%
- Filing
- Filed on 20-07-2026, 11 days before the end of the filing period
Insights on HRES CONSTRUCT
HRES CONSTRUCT has existed since 2023. In 2024 turnover rose from €119,967 to €411,705.
Solvency fell in 2025 from 44.2% to 34.4% because of higher debts to suppliers.
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 HRES CONSTRUCT
- What is the company number of HRES CONSTRUCT?
- The company number of HRES CONSTRUCT is 0803.014.795. The VAT number is the same number with BE in front: BE 0803.014.795.
- Where is HRES CONSTRUCT based?
- The registered office is at Sint-Pietersstraat 68, 3300 Tienen.Company details
- What does HRES CONSTRUCT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of HRES CONSTRUCT?
- HRES CONSTRUCT is a private limited company (BV).
- When was HRES CONSTRUCT founded?
- HRES CONSTRUCT was founded on 21-06-2023.
- Is HRES CONSTRUCT still active?
- Yes, HRES CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of HRES CONSTRUCT?
- The turnover of HRES CONSTRUCT was €369,891 in financial year 2025, according to the filed annual accounts.Financials
- Is HRES CONSTRUCT profitable?
- In financial year 2025, HRES CONSTRUCT made a profit of €2,093.
- Where can I find the annual accounts of HRES CONSTRUCT?
- HRES CONSTRUCT filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HRES CONSTRUCT due?
- HRES CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.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
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