Human Construct
The computed 12-month bankruptcy probability of Human Construct is 2.9% (moderate). The 2024 annual accounts show equity of €30k and a net result of €-18k. Equity is shrinking by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 3820 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €30k |
| Net result | €-18k |
| Better than sector | 14% |
| Active | 4 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 5.1% | 39.4% | |
| Net result | €-18k | €9k | |
| Equity | €30k | €29k | |
| Gross operating margin | €20k | €26k | |
| Staff costs | €0 | €16k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €17k |
| Net profit | €-18k |
| Cash flow | €2k |
| Staff costs | €0 |
| Income taxes | €53 |
| Dividends | - |
| Total assets | €576k |
| Equity | €30k |
| Debt | €546k |
| of which ≤ 1y | €242k |
| of which > 1y | €304k |
| Working capital | €289k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 2.19 |
| Quick ratio | 0.30 |
| Working capital ratio | 50.3% |
| Solvency | 5.1% |
| Debt / equity | 18.44 |
| Long-term debt ratio | 10.25 |
| Interest coverage | 1.12 |
| Gross margin | - |
| Net margin | - |
| ROA | -3.1% |
| ROE | -60.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €576k |
| Fixed assets | 21/28 | €44k |
| Formation expenses | 20 | €431 |
| Tangible fixed assets | 22/27 | €44k |
| Current assets | 29/58 | €532k |
| Stocks & contracts in progress | 3 | €460k |
| Amounts receivable within one year | 40/41 | €55k |
| Cash & bank | 54/58 | €16k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €576k |
| Equity | 10/15 | €30k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €42k |
| Accumulated profits (losses) | 14 | €-18k |
| Amounts payable | 17/49 | €546k |
| Amounts payable after one year | 17 | €304k |
| Amounts payable within one year | 42/48 | €242k |
| Trade debts payable within one year | 44 | €48k |
| Income statement | ||
| Gross operating margin | 9900 | €20k |
| Operating result | 9901 | €-2k |
| Financial income | 75 | €11 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-18k |
| Income taxes | 67/77 | €53 |
| Net result for the period | 9904 | €-18k |
| Result to be appropriated | 9905 | €-18k |
Former directors (1)
-
Former- → 12-06-2023
| NACE primary | Construction of buildings(41001) |
| Legal form | Private limited company(610) |
| Incorporation | 03-06-2022 |
| Status | Active |
| Postal code | 9690 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45043A0448/00A002 | Flanders | 69 m² | 1 · 69 m² | 6.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
18-02-2026 Registered office moved within Kluisbergen
- Grote Herreweg 165, 9690 Kluisbergen → Nieuwstraat 54, 9690 Kluisbergen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kluisbergen",
"region": null,
"street": "Nieuwstraat",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "54"
},
"old_address": {
"city": "Kluisbergen",
"region": null,
"street": "Grote Herreweg",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "165"
},
"effective_date": "2025-11-19",
"evidence_quote": "De vergadering beslist dat de zetel van de vennootschap zal worden verplaatst van Grote Herreweg 165, 9690 Kluisbergen naar Nieuwstraat 54, 9690 Kluisbergen, en dit vanaf 19/11/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.805.996",
"name_full": "HUMAN CONSTRUCT",
"legal_form": "BV"
}
}26-01-2024 Registered office moved within Kluisbergen
- Berchemstraat 142, 9690 Kluisbergen → Grote Herreweg 165, 9690 Kluisbergen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kluisbergen",
"region": null,
"street": "Grote Herreweg",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "165"
},
"old_address": {
"city": "Kluisbergen",
"region": null,
"street": "Berchemstraat",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "142"
},
"effective_date": "2023-10-07",
"evidence_quote": "De bestuurder beslist om de zetel van de vennootschap te verplaatsen van 9690 Kluisbergen, Berchemstraat 142 naar 9690 Kluisbergen, Grote Herreweg 165, en dit met ingang van heden, 7 oktober 2023."
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.805.996",
"name_full": "HUMAN CONSTRUCT",
"legal_form": "BV"
}
}10-07-2023 Verstraete Kimberly resigns as director
- Verstraete Kimberly, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Verstraete Kimberly",
"address": null,
"birth_date": null
},
"effective_date": "2023-06-12",
"evidence_quote": "De enige aandeelhouder beslist om het ontslag te aanvaarden als bestuurder van de vennootschap met ingang van heden, 12 juni 2023, ingediend door mevrouw Verstraete Kimberly. Er wordt haar kwijting verleend voor het gevoerde beleid tot op heden.",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.805.996",
"name_full": "HUMAN CONSTRUCT",
"legal_form": "BV"
}
}05-01-2023 Registered office moved within Kluisbergen
- Berchemstraat 149, 9690 Kluisbergen → Berchemstraat 142, 9690 Kluisbergen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kluisbergen",
"region": null,
"street": "Berchemstraat",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "142"
},
"old_address": {
"city": "Kluisbergen",
"region": null,
"street": "Berchemstraat",
"country": "BE",
"postcode": "9690",
"box_number": null,
"street_number": "149"
},
"effective_date": "2022-11-16",
"evidence_quote": "De bestuurders beslissen om de zetel van de vennootschap te verplaatsen van 9690 Kluisbergen, Berchemstraat 149 naar 9690 Kluisbergen, Berchemstraat 142, en dit met ingang van heden, 16 november 2022."
}
],
"schema": "v3.2",
"act_meta": {
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"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0786.805.996",
"name_full": "HUMAN CONSTRUCT",
"legal_form": "BV"
}
}08-06-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "Berchemstraat 149, 9690 Kluisbergen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-03-14",
"name": "Mahieu Robrecht",
"niss": null,
"address": "9690 Kluisbergen, Berchemstraat 149"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "Mahieu Robrecht",
"is_subscriber_only": false,
"n_shares_subscribed": 25,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1991-07-31",
"name": "Verstraete Kimberly",
"niss": null,
"address": "9690 Kluisbergen, Berchemstraat 149"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "Verstraete Kimberly",
"is_subscriber_only": false,
"n_shares_subscribed": 25,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 5000,
"subject_company": {
"kbo": "0786.805.996",
"name_full": "Human Construct",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-06-02",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Human Construct |