HTM
ActiveSummary
HTM has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €201,425. Equity has been growing by about 5.2% per year since 2019. Its solvency ranks better than 61% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 18-01-2005 Normal situation
- Activity
- Other building finishing work NACE 43350and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 30-09-2025
- Establishment unit
- 2.145.442.832 2490 Balen, since 18-01-2005
- Financial year end
- 30 September
- Peppol
- Reachable since 09-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
Annual accounts to 30-09-2025
- Gross margin
- €1.4m
- ▲ 49.5%
- Turnover
- ≈ €4.1m
- estimated
- Profit
- €201,425
- Equity
- €2.4m
- ▲ 5.2%
- Total assets
- €4.6m
- ▲ 0.8%
- Employees on 30-09-2025
- 9
- =
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskSize: 9.9 FTE, total assets €4.6mFounded in 2005Figures for financial year 2025 (filed on 27-04-2026)Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency
78+2
equity 53.5% of total assets
Liquidity
45=
short-term debt 37.5% · cash 9.5%
Profitability
74+7
return on assets 4.4%
Bankruptcy probability within 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.3%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%▲ +0.2 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.5%● unchanged vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.6%▲ +0.1 percentage points vs 12-2025
02-2026: 0.8%▲ +0.2 percentage points vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026highest value
05-2026: 0.2%▼ -0.7 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.04 (1.94 in 2024), above the usual 1.5. Short-term debt is 37.5% and cash 9.5% of total assets. 46.5% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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). It does better than 58% of them on solvency, 35% on liquidity, 47% on profitability and 47% on growth.
The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 days early
2024
2 days early
2023
20 days early
2022
11 days early
2021
5 days early
2020
27 days late
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 25 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 27-04-2026 PDF all 21 filings
Turnover
≈ €4.1m
Estimated: probably between €3.1m and €5.4m
Total assets
€4.6m▲ 0.8%
2024 · €4.5m
Net result
€201,425
2024 · -€76,779
Working capital
€1.8m▲ 21.0%
2024 · €1.5m
In the rankings
#6 company by equity in Balen, Construction sector#8 company by total assets in Balen, Construction sector
Multi-year overview
2019 to 2025, 7 financial yearsOperating result
€344,324
2025
20192025
Net result
€201,425
2025
highest quarter of the sector
20192025
Equity
€2.4m
▲ 5.2%
2025
highest quarter of the sector
20192025
Total assets
€4.6m
▲ 0.8%
2025
highest quarter of the sector
20192025
Debt
€2.1m
▼ 3.9%
2025
20192025
Working capital
€1.8m
▲ 21.0%
2025
highest quarter of the sector
20192025
Solvency
53.5%
▲ 2.3pp
2025
middle half of the sector
20192025
Current ratio
2.04
▲ 0.10
2025
middle half of the sector
20192025
Return on assets (ROA)
4.4%
▲ 6.1pp
2025
middle half of the sector
20192025
Staff (FTE)
9.9
▲ 10.0%
2025
highest quarter of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.4m▲ 95.1%€0.4m▼ 3.5%€0.4m▼ 3.7%€0.8m▲ 90.3%-€0.07m€0.3m
Net result€0.2m-€0.3mabove the sector's middle half▲ 77.8%€0.3mabove the sector's middle half▼ 2.0%€0.3mabove the sector's middle half▼ 14.9%€0.5mabove the sector's middle half▲ 85.3%-€0.08mbelow the sector's middle half€0.2mabove the sector's middle half
Equity€1.6m-€1.9mabove the sector's middle half▲ 20.4%€2.2mabove the sector's middle half▲ 16.6%€2.1mabove the sector's middle half▼ 3.7%€2.4mabove the sector's middle half▲ 12.4%€2.3mabove the sector's middle half▼ 3.2%€2.4mabove the sector's middle half▲ 5.2%
Total assets€2.4m-€3.4mabove the sector's middle half▲ 41.1%€4.2mabove the sector's middle half▲ 24.5%€4.3mabove the sector's middle half▲ 3.3%€4.6mabove the sector's middle half▲ 5.6%€4.5mabove the sector's middle half▼ 0.6%€4.6mabove the sector's middle half▲ 0.8%
Debt€0.8m-€1.5m▲ 79.9%€1.9m▲ 33.0%€2.2m▲ 11.9%€2.1m▼ 0.5%€2.2m▲ 3.4%€2.1m▼ 3.9%
Working capital€1.6m-€1.7mabove the sector's middle half▲ 4.1%€1.7mabove the sector's middle half▲ 2.6%€1.6mabove the sector's middle half▼ 8.5%€2.0mabove the sector's middle half▲ 24.2%€1.5mabove the sector's middle half▼ 24.8%€1.8mabove the sector's middle half▲ 21.0%
Solvency66.2%-56.5%within the sector's middle half▼ 9.7pp52.9%within the sector's middle half▼ 3.6pp49.4%within the sector's middle half▼ 3.6pp52.5%within the sector's middle half▲ 3.2pp51.2%within the sector's middle half▼ 1.4pp53.5%within the sector's middle half▲ 2.3pp
Current ratio5.32-3.15above the sector's middle half▼ 2.172.51within the sector's middle half▼ 0.632.02within the sector's middle half▼ 0.492.26within the sector's middle half▲ 0.241.94within the sector's middle half▼ 0.322.04within the sector's middle half▲ 0.10
Return on assets (ROA)7.6%-9.6%within the sector's middle half▲ 2.0pp7.5%within the sector's middle half▼ 2.0pp6.2%within the sector's middle half▼ 1.3pp10.9%within the sector's middle half▲ 4.7pp-1.7%below the sector's middle half▼ 12.6pp4.4%within the sector's middle half▲ 6.1pp
Staff (FTE)12.6-11.5above the sector's middle half▼ 8.7%11.1above the sector's middle half▼ 3.5%10.5above the sector's middle half▼ 5.4%9.8above the sector's middle half▼ 6.7%9within the sector's middle half▼ 8.2%9.9above the sector's middle half▲ 10.0%
above
within
below
The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €344,324, after a loss of €69,505 in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.6m
Fixed assets
€1.1m ▼ 28.3%
Current assets
€3.5m ▲ 15.2%
Equity and liabilities €4.6m
Equity
€2.4m ▲ 5.2%
Debt
€2.1m ▼ 3.9%
Debt's share of the balance-sheet total falls from 48.8% to 46.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€884,187▲
2024 · €438,380
Cash flow
€741,288▲
2024 · €431,106
Quick ratio
1.46▼
2024 · 1.72
Debt to equity
0.87▼
2024 · 0.95
ROE
8.2%▲
2024 · -3.3%
Interest coverage
17.71▲
2024 · 11.61
Debt ≤ 1 year
€1.7m▲
2024 · €1.6m
Debt > 1 year
€413,005▼
2024 · €652,474
Income taxes
€95,793▲
2024 · €9,852
Staff costs
€553,187▲
2024 · €515,642
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 11 | 12 | 10 | 9 | 9 |
| full-time | 9 | 10 | 10 | 9 | 8 |
| part-time | 2 | 2 | - | - | 1 |
| in full-time equivalents | 10.3 | 11.3 | 10 | 9 | 8.5 |
| Average over the year, in full-time equivalents | 11.1 | 10.5 | 9.8 | 9 | 9.9 |
| On a permanent contract | 11 | 12 | 10 | 9 | 9 |
| Joined | 5 | 4 | 5 | 2 | 6 |
| Left | 6 | 4 | 4 | 3 | 6 |
Source: social balance sheet in the 2021 to 2025 annual accounts
Securities and guarantees
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €857,392 | €940,542 | €968,092 | €1.1m | €795,089 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 30-09-2021 | 30-09-2022 | 30-09-2023 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €755,824 | €299,291 | €297,767 | €969,140 | €110,173 |
| Intangible fixed assets | - | - | €9,020 | - | - |
| Financial fixed assets | - | - | - | €1,425 | €2,225 |
| Depreciation and write-downs of the year | €308,062 | €406,696 | €385,607 | €507,886 | €539,863 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · €2,455 awarded · €2,455 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €806 | €806 |
| 2023 | 2 | €1,649 | €1,649 |
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €0.2m | €0.2m | €0.2m | €0.3m | - | - |
| Remuneration, social security and pensions62 | - | - | €0.6m | €0.5m | €0.5m | €0.5m | €0.6m | ▲ 7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.3m | €0.2m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | ▲ 6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €0.08m | - | - | - | - | - |
| Other operating charges640/8 | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | ▼ 22.9% |
| Non-recurring operating charges66A | - | - | €0.02m | - | - | - | - | - |
| Gross operating margin9900 | €1.2m | €1.2m | €1.4m | €1.3m | €1.7m | €1.0m | €1.4m | ▲ 49.5% |
| Operating profit (loss)9901 | €0.2m | €0.4m | €0.4m | €0.4m | €0.8m | -€0.07m | €0.3m | - |
| Financial income75/76B | - | - | €0.001m | €0.005m | €11 | €0.02m | €0.003m | ▼ 82.2% |
| Recurring financial income75 | €0.02m | €0.009m | €0.001m | €0.005m | €11 | €0.02m | €0.003m | ▼ 82.2% |
| Financial charges65/66B | - | - | €0.02m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 32.2% |
| Recurring financial charges65 | €0.009m | €0.02m | €0.02m | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 32.2% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.4m | €0.4m | €0.4m | €0.7m | -€0.09m | €0.3m | - |
| Transfer from deferred taxes780 | - | - | €0.01m | €0.01m | €0.01m | €0.02m | - | - |
| Transfer to deferred taxes680 | - | - | €0.04m | - | - | - | - | - |
| Income taxes67/77 | €0.05m | €0.08m | €0.05m | €0.1m | €0.2m | €0.01m | €0.1m | ▲ 872% |
| Profit (loss) for the period9904 | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | -€0.08m | €0.2m | - |
| Transfer from tax-exempt reserves789 | - | - | €0.04m | €0.03m | €0.03m | €0.08m | - | - |
| Transfer to tax-exempt reserves689 | - | - | €0.1m | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.3m | €0.2m | €0.3m | €0.5m | €0.005m | €0.2m | ▲ 37× |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.4m | €3.4m | €4.2m | €4.3m | €4.6m | €4.5m | €4.6m | ▲ 0.8% |
| Fixed assets21/28 | €0.4m | €0.9m | €1.3m | €1.2m | €1.1m | €1.5m | €1.1m | ▼ 28.3% |
| Intangible fixed assets21 | - | - | - | - | €0.008m | €0.006m | €0.004m | ▼ 30.0% |
| Tangible fixed assets22/27 | €0.4m | €0.9m | €1.3m | €1.2m | €1.1m | €1.5m | €1.1m | ▼ 28.5% |
| Land and buildings22 | - | - | €0.001m | €50 | - | €0.06m | €0.08m | ▲ 21.4% |
| Plant, machinery and equipment23 | - | - | €0.8m | €0.8m | €0.7m | €0.8m | €0.5m | ▼ 38.1% |
| Furniture and vehicles24 | - | - | €0.6m | €0.4m | €0.4m | €0.6m | €0.5m | ▼ 29.1% |
| Leasing and similar rights25 | - | - | - | - | - | €0.04m | €0.07m | ▲ 89.0% |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | €0.003m | €0.005m | ▲ 86.7% |
| Current assets29/58 | €2.0m | €2.5m | €2.9m | €3.1m | €3.5m | €3.0m | €3.5m | ▲ 15.2% |
| Stocks and contracts in progress3 | €0.1m | €0.1m | €0.1m | €0.4m | €0.4m | €0.3m | €1.0m | ▲ 185% |
| Stocks30/36 | - | - | €0.1m | €0.4m | €0.3m | €0.3m | €0.2m | ▼ 31.4% |
| Contracts in progress37 | - | - | - | €0.05m | €0.05m | €0.02m | €0.8m | ▲ 33× |
| Amounts receivable within one year40/41 | €0.7m | €1.3m | €1.8m | €1.5m | €2.5m | €2.3m | €2.0m | ▼ 11.5% |
| Trade receivables40 | - | - | €1.4m | €1.1m | €1.9m | €1.5m | €1.2m | ▼ 18.8% |
| Other amounts receivable41 | - | - | €0.4m | €0.4m | €0.7m | €0.8m | €0.8m | ▲ 2.5% |
| Cash at bank and in hand54/58 | €1.1m | €0.9m | €1.0m | €1.1m | €0.6m | €0.4m | €0.4m | ▲ 18.1% |
| Deferred charges and accrued income490/1 | - | - | €0.02m | €0.03m | €0.02m | €0.03m | €0.04m | ▲ 38.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.4m | €3.4m | €4.2m | €4.3m | €4.6m | €4.5m | €4.6m | ▲ 0.8% |
| Equity10/15 | €1.6m | €1.9m | €2.2m | €2.1m | €2.4m | €2.3m | €2.4m | ▲ 5.2% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €1.6m | €1.9m | €2.2m | €2.1m | €2.4m | €2.3m | €2.4m | ▲ 5.3% |
| Non-distributable reserves130/1 | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €0.002m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | €0.1m | €0.1m | €0.08m | - | - | - |
| Distributable reserves133 | - | - | €2.1m | €2.0m | €2.3m | €2.3m | €2.4m | ▲ 5.3% |
| Provisions and deferred taxes16 | - | €0.01m | €0.04m | €0.03m | €0.02m | - | - | - |
| Deferred taxes168 | - | - | €0.04m | €0.03m | €0.02m | - | - | - |
| Amounts payable17/49 | €0.8m | €1.5m | €1.9m | €2.2m | €2.1m | €2.2m | €2.1m | ▼ 3.9% |
| Amounts payable after more than one year17 | €0.4m | €0.7m | €0.8m | €0.6m | €0.6m | €0.7m | €0.4m | ▼ 36.7% |
| Financial debts170/4 | - | - | €0.8m | €0.6m | €0.6m | €0.7m | €0.4m | ▼ 36.7% |
| Amounts payable within one year42/48 | €0.4m | €0.8m | €1.1m | €1.5m | €1.5m | €1.6m | €1.7m | ▲ 9.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.3m | €0.4m | €0.4m | €0.3m | ▼ 21.3% |
| Financial debts43 | - | - | €0.07m | €0.01m | €0.02m | €0.02m | €0.07m | ▲ 359% |
| Credit institutions430/8 | - | - | €0.07m | €0.01m | €0.02m | €0.02m | €0.07m | ▲ 359% |
| Trade debts44 | €0.3m | €0.7m | €1.1m | €0.9m | €0.9m | €1.0m | €1.1m | ▲ 10.4% |
| Suppliers440/4 | - | - | €1.1m | €0.9m | €0.9m | €1.0m | €1.1m | ▲ 10.4% |
| Taxes, remuneration and social security45 | - | - | €0.01m | €0.09m | €0.09m | €0.03m | €0.1m | ▲ 258% |
| Taxes450/3 | - | - | - | €0.08m | €0.08m | - | €0.07m | - |
| Remuneration and social security454/9 | - | - | €0.01m | €0.01m | €0.02m | €0.03m | €0.03m | ▲ 16.5% |
| Other amounts payable47/48 | - | - | €0.001m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 5.9% |
| Accrued charges and deferred income492/3 | - | - | €0.006m | €0.006m | €0.001m | €0.001m | €0.001m | ▲ 3.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €181,336 | €322,385 | €315,972 | €268,864 | €498,278 | -€76,779 | €201,425 | - |
| + Depreciation and write-downs630 | €283,477 | €244,731 | €308,062 | €406,696 | €385,607 | €507,886 | €539,863 | ▲ 6.3% |
| Operating cash flow (approximation) | €464,813 | €567,116 | €624,034 | €675,560 | €883,885 | €431,106 | €741,288 | ▲ 72.0% |
| Investment in fixed assets (approximation) | - | -€751,488 | -€731,446 | -€288,453 | -€241,749 | -€947,516 | -€112,398 | ▲ 88.1% |
| Change in cash | - | -€177,021 | €71,096 | €172,333 | -€541,745 | -€219,556 | €66,755 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 17,041 companies had the same profile as HTM has now. Two years later, 94.3% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
94.3%
was still going
4.9%
stopped otherwise
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of HTM itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,041 companies, not a prediction for HTM. 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.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | abbreviated format | 27-04-2026 | 2026-00089028 | |
| 30-09-2024 | abbreviated format | 28-04-2025 | 2025-00078171 | |
| 30-09-2023 | abbreviated format | 10-04-2024 | 2024-00060689 | |
| 30-09-2022 | abbreviated format | 19-04-2023 | 2023-00062227 | |
| 30-09-2021 | abbreviated format | 25-04-2022 | 2022-20009633 | |
| 30-09-2020 | abbreviated format | 27-05-2021 | 2021-15600224 | |
| 30-09-2019 | abbreviated format | 20-05-2020 | 2020-12900344 | |
| 30-09-2018 | abbreviated format | 24-04-2019 | 2019-10400515 | |
| 30-09-2017 | abbreviated format | 02-05-2018 | 2018-12100298 | |
| 30-09-2016 | abbreviated format | 04-04-2017 | 2017-08600549 |
Board & ownership
Directors
Directors
1 director, last change in 2022
Maerschalck Wim
Current
Director · appointed in the act of 17-08-2022 · earlier manager, until 17-08-2022 · listed in the 2025 annual accounts, filed on 27-04-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
deed of 17-08-2022Owners and capital
Capital transactions
Capital over time
- 17-08-2022 Converted to unavailable equity · €20,000
Mandate history
1 person, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Maerschalck Wim |
|
Network & group
HTM shares no director with another company.
Companies at the same address
3 other companiesConnections & network
1 current directorThe network starts from the directors of HTM. Every other company they run is a node.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
27-04
abbreviated format · 3 days before the deadline
2025
30-09
Financial
Back to profitnet €201,425
The net result is €201,425, after one loss-making year.
28-04
abbreviated format · 2 days before the deadline
2024
30-09
Financial
Weakest financial yearnet -€76,779
The net result drops to -€76,779, the lowest from 2019 to 2025. It recovers the following year.
26-09
Gazette deed
Registered office moved to BalenNew seat: 2490 Balen, Poeierstraat 392 points ▸
Gazette deed
Registered office moved to Balen
New seat: 2490 Balen, Poeierstraat 392 points ▸
- Board meeting, 05-08-2024
- Registered-office move, 2490 Balen, Poeierstraat 39
10-04
abbreviated format · 20 days before the deadline
2023
30-09
Financial
Highest result from 2019 to 2025net €498,278 ▲85.3%
The operating result of €767,758 and the net result of €498,278 are both a record.
19-04
abbreviated format · 11 days before the deadline
2022
17-08
Gazette deed
Change of role: Maerschalck Wim, from manager to directorPermanent representative: Maerschalck Wim · Capital conversion · Amendment of the articles11 points ▸
Gazette deed
Change of role: Maerschalck Wim, from manager to director
Permanent representative: Maerschalck Wim · Capital conversion · Amendment of the articles11 points ▸
- General meeting, “buitengewone algemene vergadering”, 11-08-2022 (deed in Dutch)
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opgeheven en middelen beschikbaar gemaakt voor uitkering” (deed in Dutch)
- Amendment of the articles
- Capital
- Power of attorney, Ann-Sophie Van Roosbroeck
- Director resignation, Maerschalck Wim (manager)
- Director appointment, Maerschalck Wim (director)
- Permanent representative, Maerschalck Wim
- Registered office clause, “huidige zetel behouden, Poeierstraat 18,2490 Balen” (deed in Dutch)
25-04
abbreviated format · 5 days before the deadline
2021
30-09
Financial
Equity above €2mequity €2.2m ▲16.6%
With a profit in every financial year since 2019, equity grows to €2.2m.
27-05
abbreviated format · 27 days late
Show earlier events
2020
20-05
abbreviated format · 20 days late
2019
24-04
abbreviated format · 6 days before the deadline
2018
02-05
abbreviated format · 2 days late
2017
04-04
abbreviated format · 26 days before the deadline
2005
26-01
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
HTM in Dutch
Enterprise number
0871.263.896
Legal form
Private limited company
Status
Active, normale toestand
Founded
18-01-2005
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-08-2022 (in Dutch)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, Artikel 2.Zetel”
deed of 17-08-2022 (in Dutch)Registered office and establishments
Registered office
Poeierstraat 39, 2490 Balen, Belgium
Establishment unit
HTM, Poeierstraat 39, 2490 Balen since 18-01-2005 · unit number 2.145.442.8322361001 Manufacture of other non-metallic mineral products
Activities
NACEBEL 2025VAT activities
43350
Other building finishing work main activity
Social security (RSZ) activities
43990
Other specialised construction activities main activity
Codes under NACEBEL 2008
VAT activities
43390
Specialised construction activities main activity
Social security (RSZ) activities
43999
Specialised construction activities main activity
Codes under NACEBEL 2003
VAT activities
45450
main activity
Social security (RSZ) activities
45250
main activity
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf annual accounts 30-09-2025
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 17-08-2022 (in Dutch)
“De aanneming,de uitvoering en afwerking van alle bouwwerken zowel voor particulier als industrie,zowel privaatwoningen,appartementen en…”
20 activities
- De aanneming,de uitvoering en afwerking van alle bouwwerken zowel voor particulier als industrie,zowel privaatwoningen,appartementen en bedrijfslokalen als industriële gebouwen
- Het uitvoeren van voeg-en reinigingswerken aan gevels en panden,aan woningen en industriële gebouwen
- Het optrekken van gebouwen,nieuwbouw en onderdak zetten,de aan-en verkoop van gebouwen,de renovatie ervan,de gehele en gedeeltelijke uitvoering van voltooiingswerken of de coördinatie ervan door onderaannemers
- De handel,zowel groot-als kleinhandel in allerlei bouwmaterialen en aanverwante artikelen
- Het aanleggen en plaatsen van opritten,paden en toegangswegen,omheiningen en afspanningen,garages en opslagruimten in zelf vervaardigde of aangekochte producten en materialen
- Algemeen timmer-en schrijnwerk voor gebouwen alsmede het schilderen van gebouwen
- Het grondverzet,graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven
- Het ruimen van bouwterreinen
- De installatie van particuliere zwembaden
- De bouw van speel-en sportvelden,zwembaden enzovoorts
- De bouw van appartementen volgens formule 'sleutel op de deur' en de bouw van individuele woningen volgens de formule 'sleutel op de deur'
- Het optrekken van kantoorgebouwen en andere gebouwen voor industrieel of commercieel of landbouwgebruik
- Het slopen van gebouwen en andere bouwwerken
- De algemene coördinatie van de werkzaamheden op de werf
- Het optreden als commissionair in alle voornoemde activiteiten
- Het verlenen van adviezen en uitvoeren van studies van financiële,technische,commerciële of administratieve aard
- Het waarnemen van mandaten en bestuursopdrachten,het optreden als tussenpersoon bij onderhandelingen
- De bijstand ten behoeve van ondernemingen inzake bedrijfsbeleid,marketing,promotie en het aanbrengen van technische knowhow en uitvoeringsmodaliteiten
- Het huren en verhuren,aankopen en verkopen van roerende en onroerende goederen,alsmede onroerende leasing
- De vervaardiging en alle mogelijke productie,alsmede de plaatsing van en de handel in alle soorten beton-en silexproducten en prefab,zoals in hierna niet beperkende lijst platen,palen,borduurs,watergreppels,aansluitputjes,klinkers,marmer-en silexdallen,bloembakken,omheining en alle mogelijke toebehoren
Invoicing and payment
VAT number
BE 0871.263.896
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 0871.263.896
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Wednesday of March at 18:30
deed of 17-08-2022 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
7,143 m²
Building footprint
2,903 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13342B1320/00G007 | Flanders | 7,143 m² | 1 · 2,903 m² | 0.1 m |