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HUMAN CONSTRUCT

Active
Public limited companyfounded 2011active for 14 yearsKBO/BCE: BE 0841.591.301
Summary

The computed 12-month bankruptcy probability of HUMAN CONSTRUCT is 17.1% (high). The latest annual accounts of HUMAN CONSTRUCT were filed more than 90 days after the deadline. The 2019 annual accounts show equity of €50,336 and a net result of -€17,499. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known1 site
Size
€62,184total assets 2019
Equity
€50,336
Loss
-€17,499
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
17.1%
2019 figures too old to score
Structure
Accounts 1898 days overdue0 of 7 deeds read
Signalsraises riskFigures for financial year 2019 (filed 21-12-2020)3 financial years not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 lateEx-officio strike-off in the KBONo main activity registeredFiled more than 90 days lateAdministrative warnings in the KBO publicationsneutralNo filing for yearsShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Bankruptcy probability: High
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2019 · tick = 2018
Average
Solvency 100+24
equity 80.9% of total assets
Liquidity 48+20
short-term debt 19.1% · cash 2.8%
Profitability 0-79
return on assets -28.1%
Bankruptcy probability, 12 months
17.1% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 10.5%lowest value 12-2024: 10.5%● unchanged vs 11-2024lowest value 01-2025: 18.2%▲ +7.7 percentage points vs 12-2024highest value 02-2025: 18.2%● unchanged vs 01-2025highest value 03-2025: 17.8%▼ -0.4 percentage points vs 02-2025 04-2025: 17.8%● unchanged vs 03-2025 05-2025: 17.8%● unchanged vs 04-2025 06-2025: 17.8%● unchanged vs 05-2025 07-2025: 17.1%▼ -0.7 percentage points vs 06-2025 08-2025: 17.1%● unchanged vs 07-2025 09-2025: 17.1%● unchanged vs 08-2025 10-2025: 17.1%● unchanged vs 09-2025 11-2025: 17.1%● unchanged vs 10-2025 12-2025: 17.1%● unchanged vs 11-2025 01-2026: 17.1%● unchanged vs 12-2025 02-2026: 17.1%● unchanged vs 01-2026 03-2026: 17.1%● unchanged vs 02-2026 04-2026: 17.1%● unchanged vs 03-2026 05-2026: 17.1%● unchanged vs 04-2026 06-2026: 17.1%● unchanged vs 05-2026 07-2026: 17.1%● unchanged vs 06-2026 08-2026: 17.1%● unchanged vs 07-2026 09-2026: 17.1%● unchanged vs 08-2026 10-2026: 17.1%● unchanged vs 09-2026
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Signals

Seven signals.
raises riskneutral
raises risk · Figures for financial year 2019 (filed 21-12-2020)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline; latest accounts 138 days late; 2 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · No main activity registered
KBO
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 8 filings
Position against the passed deadline
31-12-2020 year end31-07-2021 deadline11-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 16-12-2020, 138 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
138 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2019 accounts 138 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
  1. Address struckevent 05-09-2024
  2. Annual accounts filedfinancial year 2019 · micro…
  3. Liquidity more than 6 timescurrent ratio 5.25

Financials · financial year 2019, micro format

Turnover
€171,349
EBIT margin
12.2%
Net result
-€17,499
2018 · €20,325
Working capital
€50,336
2018 · -€12,562
Trend over the years

2018 to 2019, 2 financial years 2018 to 2019, 2 financial years

The operating result turns negative in 2019: a loss of €16,750 after €20,933 in 2018.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€16,750 2019 Net result-€17,499 2019

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Turnover€171,349-
Operating result€20,933--€16,750
Net result€20,325--€17,499
EBIT margin12.2%-
Equity€62,101-€50,336▼ 18.9%
Total assets€121,070-€62,184▼ 48.6%
Debt€58,968-€11,848▼ 79.9%
Working capital-€12,562-€50,336
Staff (FTE)1.1-
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Equity and liabilities €62,184
Equity €50,336 ▼ 18.9%
Debt €11,848 ▼ 79.9%
Debt's share of the balance-sheet total falls from 48.7% to 19.1%. Equity and debt are lower.
Key figures and ratios
2019 value · change against 2018
Current ratio
5.25▲
2018 · 0.79
Quick ratio
4.26▲
2018 · 0.79
ROE
-34.8%▼
2018 · 32.7%
ROA
-28.1%▼
2018 · 16.8%
Debt ≤ 1 year
€11,848▼
2018 · €58,968
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€121,070€62,184▼
Fixed assets21/28€74,664-
Financial fixed assets28€74,664-
Current assets29/58€46,406€62,184▲
Stocks and contracts in progress3-€11,712
Amounts receivable within one year40/41€41,696€47,170▲
Cash at bank and in hand54/58€2,433€1,769▼
Equity and liabilities
Total equity and liabilities10/49€121,070€62,184▼
Equity10/15€62,101€50,336▼
Contributions10/11€62,000€62,000=
Reserves13€101€361▲
Profit (loss) carried forward14-€16,039-€12,024▲
Amounts payable17/49€58,968€11,848▼
Amounts payable within one year42/48€58,968€11,848▼
Trade debts44€8,020€1,173▼
Income statement Code20182019
Turnover70€171,349-
Gross operating margin9900€70,066-€14,095▼
Operating profit (loss)9901€20,933-€16,750▼
Recurring financial income75€3€1▼
Recurring financial charges65€433€751▲
Profit (loss) for the period before taxes9903€20,503-€17,499▼
Income taxes67/77€178-
Profit (loss) for the period9904€20,325-€17,499▼
Profit (loss) for the period to be appropriated9905€20,325-€17,499▼
Line20182019Change
Turnover70€171,349--
Gross operating margin9900€70,066-€14,095▼ 120%
Operating profit (loss)9901€20,933-€16,750▼ 180%
Recurring financial income75€3€1▼ 56.5%
Recurring financial charges65€433€751▲ 73.3%
Profit (loss) for the period before taxes9903€20,503-€17,499▼ 185%
Income taxes67/77€178--
Profit (loss) for the period9904€20,325-€17,499▼ 186%
Profit (loss) for the period to be appropriated9905€20,325-€17,499▼ 186%
Line20182019Change
Assets
Total assets20/58€121,070€62,184▼ 48.6%
Fixed assets21/28€74,664--
Financial fixed assets28€74,664--
Current assets29/58€46,406€62,184▲ 34.0%
Stocks and contracts in progress3-€11,712-
Amounts receivable within one year40/41€41,696€47,170▲ 13.1%
Cash at bank and in hand54/58€2,433€1,769▼ 27.3%
Equity and liabilities
Total equity and liabilities10/49€121,070€62,184▼ 48.6%
Equity10/15€62,101€50,336▼ 18.9%
Contributions10/11€62,000€62,000=
Reserves13€101€361▲ 256%
Profit (loss) carried forward14-€16,039-€12,024▲ 25.0%
Amounts payable17/49€58,968€11,848▼ 79.9%
Amounts payable within one year42/48€58,968€11,848▼ 79.9%
Trade debts44€8,020€1,173▼ 85.4%
Line20182019Change
Profit (loss) for the period9904€20,325-€17,499▼ 186%
Operating cash flow (approximation)€20,325-€17,499▼ 186%
Change in cash--€664-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Public contracts: not fully processed yet. The notices from June 2021 to September 2026 are still being read.

Directors

Directors
No directors read yet: 0 of 7 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 7 December 2011, HUMAN CONSTRUCT was incorporated.1 The company has filed 8 sets of annual accounts, the latest for financial year 2019.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2019

Acts, filings and financial milestones

2024
13-12
KBO administration Address struck
event 05-09-2024
2020
16-12
NBB filing Annual accounts filed
financial year 2019 · micro format · 138 days late
2019
31-12
Financial Liquidity more than 6 timescurrent ratio 5.25
Current ratio from 0.79 to 5.25; short-term debt falls from €58,968 to €11,848.
31-08
NBB filing Annual accounts filed
financial year 2018 · micro format · 31 days late
2018
11-06
NBB filing Annual accounts filed
financial year 2017 · full format
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · full format · 31 days late
2016
25-08
NBB filing Annual accounts filed
financial year 2015 · full format · 25 days late
2015
28-08
NBB filing Annual accounts filed
financial year 2014 · full format · 28 days late
2014
30-06
NBB filing Annual accounts filed
financial year 2013 · full format
2013
27-06
NBB filing Annual accounts filed
financial year 2012 · full format
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 7 deeds read
About the unread acts

We know of 7 Belgian Official 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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Register details

Identification
Legal formPublic limited company
Founded07-12-2011
Financial year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 10 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Couvin · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
681 m²
Building footprint
212 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Human Construct
Rue Emile Limauge (G.) 98, 7011 MonsCivil engineering
since 2012unit no. 2.205.692.304
2 parcels
Wallonia 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
93016C1002/00F000 Wallonia 504 m² 1 · 212 m² -
53030B0241/00B006 Wallonia 178 m² - -
How the parcels are linked
Good to know
Both parcels match the address exactly.