Investments
€40,248 3.6 × depreciation
Green is investment, beige is depreciation.
HRES CONSTRUCT
Overview
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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The scores and ratios are Checked's own calculations, not a credit decision.
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
- €369,891▼ 10.2%
- €2,093▼ 85.0%
- €43,122▲ 5.1%
- €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.
Financials
Annual accounts 2025
micro format, filed on 20-07-2026, 11 days before the deadline€369,891
▼ 10.2%
€6,487
▼ 74.3%
€17,564
▼ 44.7%
€13,171
▼ 35.5%
34.4%
▼ 9.8 percentage points
1.26
▼ 0.22
Money flows
of every €100 of turnover, €0.57 remains as profit in 2025Balance sheet
balance sheet total €125,229 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
34.4%
Higher than 36% of 37,177 companies in 2025.
1.26
Higher than 32% of 36,472 companies in 2025.
1.7%
Higher than 31% of 36,707 companies in 2025.
HRES CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in specialised construction (NACE 43)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
125,229 | 92,761 | 62,224 | |
21/28 |
53,081 | 23,911 | 16,625 | |
22/27 |
53,081 | 23,911 | 16,625 | |
24 |
9,031 | - | - | |
25 |
44,051 | 23,911 | 16,625 | |
29/58 |
72,147 | 68,850 | 45,599 | |
40/41 |
48,499 | 54,377 | 18,530 | |
40 |
11,685 | 31,597 | 17,629 | |
41 |
36,814 | 22,779 | 900 | |
54/58 |
22,583 | 14,474 | 27,070 | |
490/1 |
1,066 | - | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
125,229 | 92,761 | 62,224 | |
10/15 |
43,122 | 41,029 | 26,057 | |
10/11 |
1,000 | 1,000 | - | |
14 |
42,122 | 40,029 | 26,057 | |
17/49 |
82,106 | 51,732 | 36,167 | |
17 |
24,832 | 5,076 | 6,817 | |
170/4 |
24,832 | 5,076 | 6,817 | |
42/48 |
57,275 | 46,657 | 29,350 | |
42 |
9,625 | 11,768 | 5,800 | |
44 |
43,975 | 26,652 | 13,397 | |
440/4 |
43,975 | 26,652 | 13,397 | |
45 |
3,636 | 8,199 | 6,541 | |
450/3 |
3,636 | 8,199 | 6,541 | |
47/48 |
38 | 38 | 3,612 | |
| Income statement | ||||
70 |
369,891 | 411,705 | 119,967 | |
9900 |
18,717 | 32,187 | 34,618 | |
60/61 |
351,174 | 379,519 | 85,349 | |
630 |
11,078 | 6,464 | 475 | |
640/8 |
1,153 | 440 | - | |
9901 |
6,487 | 25,283 | 34,143 | |
75/76B |
12 | - | - | |
75 |
12 | - | - | |
65/66B |
4,402 | 7,653 | 1,545 | |
65 |
4,402 | 7,653 | 1,545 | |
9903 |
2,097 | 17,630 | 32,598 | |
67/77 |
4 | 3,658 | 6,541 | |
9904 |
2,093 | 13,972 | 26,057 | |
9905 |
2,093 | 13,972 | 26,057 | |
| Appropriation of the result | ||||
9906 |
42,122 | 40,029 | 26,057 | |
14P |
40,029 | 26,057 | - | |
| Document | ||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 17,564 | 31,747 | 34,618 | ||
| 13,171 | 20,436 | 26,532 | ||
| 40,248 | 13,750 | 17,100 | ||
| 8,109 | -12,596 | - | ||
| 14,873 | 22,194 | 16,249 | ||
| 1.8% | 6.1% | 28.5% | ||
| 34.4% | 44.2% | 41.9% | ||
| 1.26 | 1.48 | 1.55 | ||
| 1.90 | 1.26 | 1.39 | ||
| 4.9% | 34.1% | 100.0% | ||
| 1.7% | 15.1% | 41.9% | ||
| 3.99 | 4.15 | 22.41 | ||
| 12 days | 28 days | 54 days | ||
| 46 days | 26 days | 57 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | €40,248 | €13,750 | €17,100 |
| €11,078 | €6,464 | €475 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on HRES CONSTRUCT
The operating result for 2025 is 74% lower than in 2024 and the lowest since 2023. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 55.8% to 65.6%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporation- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “voorbehouden. Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder. Hij kan bijzondere…”deed of 23-06-2023
Mandates through the years
1 name, the dashed line is todayDirector
Board
Mandates as a list
-
- Director, appointed by deed of 23-06-2023, still in office
Control
Founder
This company
HRES CONSTRUCT
Equity €43,122
Profit €2,093 in 2025
Capital
- Contribution
- €1,000
- Shares
- 100
- Contribution per share
- €10
- Equity per share
- €431 in 2025
- Source
- deed of 23-06-2023
Articles of association
deed of 23-06-2023 (in Dutch)- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 18:00
Shareholders
At incorporation
deed of 23-06-2023 ↗
- 100 shares (100%)
Network & group
No group
HRES CONSTRUCT has no parent and no holdings in its annual accounts. is the only director. HRES CONSTRUCT shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
Address
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 11 days before the deadline
Registered office moved from Kapelle-op-den-Bos to TienenNew registered office: SINT-PIETERSSTRAAT 68, 3300 TIENEN · Previous registered office: Paddegatstraat 63, 1880 Kapelle-op-den-Bos · General meeting of 16-12-20252 points ▸
- General meeting, 16-12-2025
- Registered-office move, SINT-PIETERSSTRAAT 68, 3300 TIENEN
2025
Weakest financial year net €2,093 ▼85% The net result drops to €2,093, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0803014795
Annual accounts 2024 filed PDFmicro format · 35 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
IncorporationFounding capital of €1,000, 100 shares · Founder: (sole founder) · Appointment: (director) · published on 23-06-20233 points ▸
- Founder, (sole founder)
- Founding capital, €1,000, 100 shares
- Director appointment,
- The deed holds 2 more points.
First establishment Sint-Pietersstraat 68, Tienen
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
HRES CONSTRUCT was incorporated on 21 June 2023 as a private limited company by one natural person, with a starting capital of €1,000.12 The registered office was moved to Tienen in 2026.3 is director of the company, appointed by deed of 23-06-2023.2 Turnover grew from €119,967 in 2023 to €369,891 in 2025.4
Company details
Identity
- Enterprise number
- 0803.014.795
- VAT number
- BE 0803.014.795
- Peppol ID
- 0208:0803014795
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 21-06-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Tuesday of June at 18:00deed of 23-06-2023 (in Dutch)
- Peppol
- Reachable since 07-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- HRES CONSTRUCT in Dutch
- Name in the Peppol Directory
- HRES CONSTRUCT 3251
- Entity type
- Legal entity
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 23-06-2023 (in Dutch)
Activities
NACEBEL 202543990
Other specialised construction activities main activity
43331
Floor and wall tiling
Codes under NACEBEL 2008
43999
Specialised construction activities main activity
43331
Floor and wall tiling
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de bouwonderneming, het onderhoud, de renovatie en afbraakwerken van…”deed of 23-06-2023 (in Dutch)
25 activities
- Alle activiteiten die rechtstreeks of onrechtstreeks verband houden met de bouwonderneming, het onderhoud, de renovatie en afbraakwerken van gebouwen, alle publieke en private werkzaamheden en wegenwerken;
- De groot- of kleinhandel, van alle bouwmaterialen, het vervoer van grondstoffen voor de bouw en bouwafval;
- De bouw van privé woningen, “kant en klare” alleenstaande huizen en appartementen, publieke gebouwen, waaronder begrepen bureau gebouwen; andere niet residentiële gebouwen, industriële of commerciële gebouwen;
- Alle ruwbouwwerken, waaronder begrepen werkzaamheden aan het dak, alsook de behuizing en de draagconstructie, alle werken in het algemeen in de bouw, waaronder de algehele of gedeeltelijke uitvoering van voltooiingswerkzaamheden of van de coördinatie van deze, bij uitvoering via uitbesteding, waaronder de bouw van geprefabriceerde woningen;
- Alle afbraakwerken, van gebouwen en bouwwerken, waaronder begrepen het afvlakken en het ontruimen;
- Alle werken van inbreng;
- Alle werken verwant aan de bedekking van constructies en vochtwerende werken, waaronder begrepen alle bedekkingen in alle materialen, de afdichtingswerken en de bekleding in asfalt en teer, de afwateringswerken van constructies;
- Alle isolatie- en akoestische werken;
- Alle werken omtrent het leggen van bekledingen van muren en bodems, met inbegrip van het leggen van tegels en mozaïeken, van alle andere bekledingen van muren en bodems van hout of alle gelijkaardige materialen;
- Alle werken omtrent plafonnering, cementwerk en plamuren, gipswerk, het plaatsen van de chape;
- Alle werken van beglazing en spiegelplaatsing;
- Alle restauratie-, plaatsing- en kuiswerken, het plaatsen van arduinstenen en marmer, met inbegrip van grafmonumenten, voorgevels van gebouwen en alle marmeren en stenen siervoorwerpen; ook het herstel, het kuisen en reinigen van voorgevels en monumenten;
- Alle werkzaamheden van houtbewerking, schrijnwerkerij en metaalschrijnwerkerij, met inbegrip van het timmeren van een gebouw, montagewerkzaamheden en hang- en sluitwerk, het plaatsen van deuren en plinten, het plaatsen van houten en plastieken luiken, het plaatsen van parket en andere aan bekleding, het plaatsen van valse plafonds;
- Alle monterings- en demonteringswerken van buizen of gelijkaardige producten;
- Het ontwerp, de plaatsing, de renovatie en het onderhoud van uitgeruste keukens;
- Alle werkzaamheden voor centrale verwarming, sanitair en loodgieterij, zinkwerken, waaronder onder andere: de installatie van centrale verwarming op warm water, op stoom of gasverwarming en de hulptoestellen; de installatie van sanitair; loodgieterij en zinkwerk, de installatie van een waterverzachter; niet ijzerhoudende metalen dakgoten en de plaatsing van luiken, alsook de reparatie- en onderhoudswerken; de plaatsing, het onderhoud en het herstel van alle branders;
- Alle werken van industriële leidingen en kanalisatie waaronder onder andere de installatie van ventilatie en luchtcirculatie, de verwarming door warme lucht, de conditionering van lucht en de warmte-isolatie van leidingen en buizen;
- Alle elektriciteitswerkzaamheden, alle elektrische installaties;
- Alle decoratiewerken en binnenhuis inrichtingen van alle gebouwen;
- Alle werkzaamheden bij het water: zee, rivieren en haven werken, droogleggings- , pomp- en draineringswerken;
- Alle werken van grondverzet : boringen, uitgraven van putten; verlagen van de grondwaterstand, ophogen, egaliseren en nivelleren van bouwterreinen, heiwerk en heien van een damwand; alle versterkingswerkzaamheden van de grond via alle systemen;
- Alle draineringswerken: wegspoelen van waterlopen, de aanleg en het onderhoud van vijvers, rivieren en waterlopen;
- De aanleg, egalisatie en het onderhoud van wegen, fietspaden, vliegbanen, metalen en niet-metalen kunstwerken, zoals bruggen en viaducten, tunnels voor treinsporen, silo’s, reservoirs, citernen, zwembaden en alle rioleringswerken;
- Het plaatsen van kabels en diverse kanalisaties, de lokalisatie van hoogspanningskabels en buizen, de kanalisaties voor de water- en gasdistributie, het plaatsen van elektrische kabels;
- Werkzaamheden van aanpassing en onderhoud van speelvlaktes en sportvelden, parken en tuinen met inbegrip van de aanplantingen, het plaatsen van omheiningen en palissades op verschillende terreinen.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Sint-Pietersstraat 68 registered office 3300 Tienen | 21-06-2023 | 2.348.120.372 |
Buildings and parcels at the address
- Ground area
- 341 m²
- Buildings
- 126 m²
- Volume, LiDAR
- 670 m³
- Tallest building
- 9.9 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 24113C0132/00V000 | 341 m² | 1 · 126 m² | 9.9 m · 1 |
Contact
E-mail
hresconstruct@gmail.com
Phone
+32 467 79 93 42
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 0803.014.795