HT-CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HT-CONSTRUCT is 3.9% (moderate). The annual accounts of HT-CONSTRUCT for financial year 2025 show a net loss of 57% of the equity at the start of that year. The 2025 annual accounts show equity of €19,669 and a net result of -€26,004. Its solvency ranks better than 23% of 34,678 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €19,669
- Loss
- -€26,004
- HEREMANS Tom Gerard AdrienneDirector
Why 47raises riskFounded in 20231 change of registered office in 24 monthsLatest accounts 32 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 1.02, cash €16,492Show the evidence
Checked score
About 4 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 43, micro): better than 23% on solvency, 45% on liquidity, 4% on profitability and 8% on growth.
The bankruptcy probability was computed on 23-10-2026 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 2 accounts on average 16 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move · Director in…
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (32 days) Filed on 1 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00496606.
2024 to 2025, 2 financial years
The operating result turns negative in 2025: a loss of €24,279 after €50,803 in 2024.
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.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: 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).
Peer companies
Historical observationOf the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.1% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.9% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 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% | 1.0% |
| 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 1,207 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €3,094 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,934 | €11,030 | ▲ 276% |
| Other operating charges640/8 | €951 | €901 | ▼ 5.3% |
| Gross operating margin9900 | €54,688 | -€9,254 | - |
| Operating profit (loss)9901 | €50,803 | -€24,279 | - |
| Financial income75/76B | €422 | €563 | ▲ 33.2% |
| Recurring financial income75 | €422 | €563 | ▲ 33.2% |
| Financial charges65/66B | €218 | €2,067 | ▲ 850% |
| Recurring financial charges65 | €218 | €2,067 | ▲ 850% |
| Profit (loss) for the period before taxes9903 | €51,008 | -€25,784 | - |
| Income taxes67/77 | €10,335 | €220 | ▼ 97.9% |
| Profit (loss) for the period9904 | €40,673 | -€26,004 | - |
| Profit (loss) for the period to be appropriated9905 | €40,673 | -€26,004 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €104,709 | €91,243 | ▼ 12.9% |
| Fixed assets21/28 | €49,004 | €49,213 | ▲ 0.4% |
| Tangible fixed assets22/27 | €49,004 | €49,213 | ▲ 0.4% |
| Plant, machinery and equipment23 | - | €4,156 | - |
| Furniture and vehicles24 | €49,004 | €45,057 | ▼ 8.1% |
| Current assets29/58 | €55,706 | €42,030 | ▼ 24.5% |
| Stocks and contracts in progress3 | €2,362 | €2,362 | = |
| Stocks30/36 | €2,362 | €2,362 | = |
| Amounts receivable within one year40/41 | €26,577 | €23,176 | ▼ 12.8% |
| Trade receivables40 | €7,550 | €8,657 | ▲ 14.7% |
| Other amounts receivable41 | €19,028 | €14,519 | ▼ 23.7% |
| Cash at bank and in hand54/58 | €26,766 | €16,492 | ▼ 38.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €104,709 | €91,243 | ▼ 12.9% |
| Equity10/15 | €45,673 | €19,669 | ▼ 56.9% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €40,673 | €14,669 | ▼ 63.9% |
| Amounts payable17/49 | €59,036 | €71,575 | ▲ 21.2% |
| Amounts payable after more than one year17 | €35,736 | €30,382 | ▼ 15.0% |
| Financial debts170/4 | €35,736 | €30,382 | ▼ 15.0% |
| Amounts payable within one year42/48 | €18,300 | €41,193 | ▲ 125% |
| Current portion of amounts payable after more than one year42 | €9,124 | €10,364 | ▲ 13.6% |
| Trade debts44 | €6,342 | €26,678 | ▲ 321% |
| Suppliers440/4 | €6,342 | €26,678 | ▲ 321% |
| Taxes, remuneration and social security45 | €2,835 | €4,151 | ▲ 46.5% |
| Taxes450/3 | €2,835 | €3,677 | ▲ 29.7% |
| Remuneration and social security454/9 | - | €474 | - |
| Accrued charges and deferred income492/3 | €5,000 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €40,673 | -€26,004 | - |
| + Depreciation and write-downs630 | €2,934 | €11,030 | ▲ 276% |
| Operating cash flow (approximation) | €43,607 | -€14,974 | - |
| Investment in fixed assets (approximation) | - | -€11,240 | - |
| Change in cash | - | -€10,274 | - |
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 (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 01-09-2026 | 2026-00496606 |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00346535 |
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
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| HEREMANS Tom Gerard Adrienne |
|
Owners and capital
Capital and shareholders
- HEREMANS Tom Gerard Adrienne 100 shares (100%) · €5,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-12-2023 Incorporation · €5,000 · 100 shares
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
03-11
Gazette deed
Registered officeRegistered-office move · Director in office3 facts ▸
- Registered-office move, Lange Ravestraat 39 te 1982 Elewijt
- General meeting, 04-08-2025
- Director in office, Tom Heremans (director)
20-12
Gazette deed
IncorporationAppointment: HEREMANS Tom Gerard Adrienne (director) · Registered office clause · Pre-incorporation commitments11 facts ▸
- General meeting, “vanaf neerlegging ter griffie van uitgifte oprichtingsakte overeenkomstig wet, comparanten” (deed in Dutch)
- Registered office clause, “3191 Boortmeerbeek (Hever), Bieststraat 244” (deed in Dutch)
- Director appointment, HEREMANS Tom Gerard Adrienne (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen,verplichtingen en activiteiten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Incorporation, 15-12-2023
- Founder, HEREMANS Tom Gerard Adrienne
- Founding capital, €5,000
- Bank account, “ING België, vennootschap in oprichting” (deed in Dutch)
- Other provision, “financieel plan en oprichtersaansprakelijkheid, aansprakelijkheid oprichters bij faillissement binnen drie jaar na oprichting indien aanvangsvermogen kennelijk…” (deed in Dutch)
- Other provision, “verklaring van wederbelegging, behoren tot eigen vermogen” (deed in Dutch)
- Power of attorney, HEREMANS Tom Gerard Adrienne
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 23 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 1003.505.679
Recognitions · licences · registrations
Dual-learning approval
1 live approvalEnvironmental 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 |
|---|---|---|---|---|
| 23018C0053/00F000 | Flanders | 1,451 m² | 1 · 243 m² | 9.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Vervaardiging van ander schrijn- en timmerwerk; Vervaardiging van metalen constructiewerken en delen daarvan; Vervaardiging van kantoor- en…” (deed in Dutch)
23 activities (deed in Dutch)
- Vervaardiging van ander schrijn- en timmerwerk.
- Vervaardiging van metalen constructiewerken en delen daarvan.
- Vervaardiging van kantoor- en winkelmeubelen.
- Vervaardiging van eetkamer-,zitkamer-,slaapkamer- en badkamermeubelen.
- Vervaardigen van badkamermeubels.
- Vervaardiging van tuin- en terrasmeubelen.
- Montage van buiten- en binnenschrijnwerk van hout of van kunststof: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
- Installatie van al dan niet verplaatsbare tussenwanden,bekleding van wanden,plafonds,enz. in hout of kunststof.
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz. in hout of kunststof.
- Installatie van geblindeerde deuren en brandwerende deuren in hout of kunststof.
- Montage van serres,veranda’s,enz. in hout of kunststof.
- Montage van buiten- en binnenschrijnwerk in metaal: deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enz.
- Installatie van al dan niet verplaatsbare tussenwanden,bekleding van wanden,plafonds,enz. in metaal.
- Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enz. in metaal.
- Installatie van geblindeerde deuren en brandwerende deuren in metaal.
- Plaatsen van vloerbekleding en wandbekleding van hout.
- Dakwerkzaamheden.
- Bouw van daken.
- Plaatsen van dakbedekking van ongeacht welk materiaal.
- Plaatsen van dakgoten en regenafvoerbuizen.
- Behandelen van muren met vochtwerende en waterafstotende producten.
- Handelsbemiddeling in hout en bouwmaterialen.
- Detailhandel in houten bouw- en tuinmaterialen in gespecialiseerde winkels.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- HT-CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, geen statutenwijziging tenzij verplaatsing naar ander Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, onbepaalde duur” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten” (deed in Dutch)“1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen, rechten waarvan overdracht wordt voorgesteld” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling inschrijving, inbreng in geld met uitgifte nieuwe aandelen – recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vereisten statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan ten allen tijde…” (deed in Dutch)