HTC CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of HTC CONSTRUCT is 2.3% (moderate). The 2024 annual accounts show equity of €41,965 and a net result of €16,934. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 36377 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability44▲+34
Solvency44▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.22 against 1.14 in 2023; short-term debt: 81.1% and cash: 4.2% of total assets), and 81.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
18.9%
Return on assets
7.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36377 sector peers (2024).
NBB · sector comparisonPosition among 36377 sector peers
Solvency
better than 21%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-04-2026, 244 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
244 d late
2023
79 d late
2022
221 d late
2021
135 d late
2020
12 d late
2019
123 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 136 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€41,965▲ 67.7%
2023 · €25,031
Total assets
€222,336▲ 22.7%
2023 · €181,166
Net result
€16,934
2023 · -€12,612
Working capital
€40,509▲ 80.1%
2023 · €22,490
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€17,980▲ 18.0%€5,809▼ 67.7%€2,233▼ 61.6%-€10,244€44,185
Net result€15,484▲ 38.3%€3,900▼ 74.8%€816▼ 79.1%-€12,612€16,934
Equity€32,927▲ 88.8%€36,827▲ 11.8%€37,643▲ 2.2%€25,031▼ 33.5%€41,965▲ 67.7%
Total assets€159,460▲ 441%€183,117▲ 14.8%€129,329▼ 29.4%€181,166▲ 40.1%€222,336▲ 22.7%
Debt€126,532▲ 951%€146,290▲ 15.6%€91,686▼ 37.3%€156,135▲ 70.3%€180,371▲ 15.5%
Working capital€22,910▲ 4,548%€32,163▲ 40.4%€35,725▲ 11.1%€22,490▼ 37.0%€40,509▲ 80.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €44,185 after a loss of €10,244 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €222,336
Fixed assets
€1,457 ▼ 42.7%
Current assets
€220,880 ▲ 23.7%
Equity and liabilities €222,336
Equity
€41,965 ▲ 67.7%
Debt
€180,371 ▲ 15.5%
Debt's share of the balance-sheet total falls from 86.2% to 81.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€45,269▲
2023 · -€8,368
Cash flow
€18,019▲
2023 · -€10,735
Current ratio
1.22▲
2023 · 1.14
Debt to equity
4.30▼
2023 · 6.24
ROE
40.4%▲
2023 · -50.4%
ROA
7.6%▲
2023 · -7.0%
Interest coverage
1.91▲
2023 · -3.53
Debt ≤ 1 year
€180,371▲
2023 · €156,135
Income taxes
€5,474
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €79 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,931 | €9,030 | €3,320 | €1,877 | €1,084 | ▼ 42.2% |
| Other operating charges640/8 | - | €7,109 | €1,288 | €1,509 | €4,244 | ▲ 181% |
| Non-recurring operating charges66A | - | - | €2,146 | - | €10,000 | - |
| Gross operating margin9900 | €27,081 | €21,948 | €8,988 | -€6,779 | €59,513 | ▲ 978% |
| Operating profit (loss)9901 | €17,980 | €5,809 | €2,233 | -€10,244 | €44,185 | ▲ 531% |
| Financial income75/76B | - | €2,316 | - | €0 | €1,878 | ▲ 18,778,000% |
| Recurring financial income75 | €2,308 | €2,316 | - | €0 | €1,878 | ▲ 18,778,000% |
| Financial charges65/66B | - | €585 | €480 | €2,368 | €23,654 | ▲ 899% |
| Recurring financial charges65 | €557 | €585 | €480 | €2,368 | €23,654 | ▲ 899% |
| Profit (loss) for the period before taxes9903 | €19,731 | €7,541 | €1,754 | -€12,612 | €22,408 | ▲ 278% |
| Income taxes67/77 | €4,247 | €3,641 | €938 | - | €5,474 | - |
| Profit (loss) for the period9904 | €15,484 | €3,900 | €816 | -€12,612 | €16,934 | ▲ 234% |
| Profit (loss) for the period to be appropriated9905 | €15,484 | €3,900 | €816 | -€12,612 | €16,934 | ▲ 234% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €159,460 | €183,117 | €129,329 | €181,166 | €222,336 | ▲ 22.7% |
| Fixed assets21/28 | €14,293 | €5,284 | €1,918 | €2,541 | €1,457 | ▼ 42.7% |
| Tangible fixed assets22/27 | €14,293 | €5,284 | €1,918 | €2,541 | €1,457 | ▼ 42.7% |
| Plant, machinery and equipment23 | - | €0 | - | - | €0 | - |
| Furniture and vehicles24 | - | €5,284 | €1,918 | €2,541 | €1,457 | ▼ 42.7% |
| Current assets29/58 | €145,167 | €177,833 | €127,411 | €178,625 | €220,880 | ▲ 23.7% |
| Amounts receivable after more than one year29 | - | €69,004 | - | - | - | - |
| Other amounts receivable291 | - | €69,004 | - | - | - | - |
| Stocks and contracts in progress3 | - | €40,000 | - | - | - | - |
| Contracts in progress37 | - | €40,000 | - | - | - | - |
| Amounts receivable within one year40/41 | €33,846 | €67,164 | €125,080 | €164,537 | €209,721 | ▲ 27.5% |
| Trade receivables40 | - | €65,703 | €122,174 | €161,324 | €137,509 | ▼ 14.8% |
| Other amounts receivable41 | - | €1,462 | €2,907 | €3,213 | €72,211 | ▲ 2,148% |
| Cash at bank and in hand54/58 | €26,262 | €1,012 | €1,595 | €13,951 | €9,283 | ▼ 33.5% |
| Deferred charges and accrued income490/1 | - | €652 | €736 | €138 | €1,876 | ▲ 1,262% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €159,460 | €183,117 | €129,329 | €181,166 | €222,336 | ▲ 22.7% |
| Equity10/15 | €32,927 | €36,827 | €37,643 | €25,031 | €41,965 | ▲ 67.7% |
| Contributions10/11 | - | €6,250 | €6,250 | €6,250 | €6,250 | = |
| Outside capital11 | - | €6,250 | - | - | - | - |
| Other1109/19 | - | €6,250 | - | - | - | - |
| Reserves13 | €26,677 | €30,577 | €31,393 | €18,781 | €35,715 | ▲ 90.2% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €28,717 | €29,533 | €16,921 | €33,855 | ▲ 100% |
| Amounts payable17/49 | €126,532 | €146,290 | €91,686 | €156,135 | €180,371 | ▲ 15.5% |
| Amounts payable within one year42/48 | €122,257 | €145,670 | €91,686 | €156,135 | €180,371 | ▲ 15.5% |
| Financial debts43 | - | €12 | - | - | - | - |
| Credit institutions430/8 | - | €12 | - | - | - | - |
| Trade debts44 | €113,402 | €138,659 | €85,694 | €152,898 | €170,270 | ▲ 11.4% |
| Suppliers440/4 | - | €138,659 | €85,694 | €152,898 | €170,270 | ▲ 11.4% |
| Taxes, remuneration and social security45 | - | €6,999 | €5,204 | €969 | €10,101 | ▲ 942% |
| Taxes450/3 | - | €6,999 | €3,690 | - | €10,101 | - |
| Remuneration and social security454/9 | - | - | €1,514 | €969 | - | - |
| Other amounts payable47/48 | - | - | €789 | €2,268 | - | - |
| Accrued charges and deferred income492/3 | - | €620 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,484 | €3,900 | €816 | -€12,612 | €16,934 | ▲ 234% |
| + Depreciation and write-downs630 | €6,931 | €9,030 | €3,320 | €1,877 | €1,084 | ▼ 42.2% |
| Operating cash flow (approximation) | €22,415 | €12,930 | €4,136 | -€10,735 | €18,019 | ▲ 268% |
| Investment in fixed assets (approximation) | - | -€21 | €46 | -€2,500 | €0 | ▲ 100% |
| Change in cash | - | -€25,249 | €583 | €12,355 | -€4,667 | ▼ 138% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
01-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 244 days late
2024
31-12
Financial
Back to profitnet €16,934
Net result €16,934 after one loss-making year.
18-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 79 days late
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 221 days late
2023
31-12
Financial
Weakest financial yearnet -€12,612
Net result drops to -€12,612, the lowest in the series; recovery starts the following year.
2022
13-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 135 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lochristi · 1 establishment unit since 2019
Ground area
737 m²
Building footprint
174 m²
Volume, LiDAR
809 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOSNA GROUP
since 20192.283.999.909
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44472B2360/00L007 | Flanders | 392 m² | 1 · 75 m² | 5.8 m · 2 fl. |
| 44472B2360/00T006 | Flanders | 345 m² | 1 · 98 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 1,973 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
Contact
Phone
0486471514Lochristi
Scores and ratios are computed by Checked and are not a credit decision.