Huust

Active

Private limited companyfounded 20205 yrs activeMartelarenlaan 12, 3500 Hasselt, BelgiumKBO/BCE: BE 0759.813.569

The computed 12-month bankruptcy probability of Huust is 1.7% (moderate). The 2025 annual accounts show equity of €281k and a net result of €84k. Equity is growing by ~85.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 2154 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

48 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▼-5

Solvency45▼-5

Growth78=

Track record94

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €13k at 30 days acceptable

Liquidity tight (current ratio 1.17 against 1.29 in 2024; short-term debt: 79.4% and cash: 7% of total assets), and 80.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 41

Relative position

BE, all sectors

reference

Sector 41

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

19.5%

Return on assets

5.9%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

10 d early

2024

31 d early

2023

34 d early

2022

12 d early

2021

32 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

16-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€281k▲ 42.9%

2024 · €196k

2021: €21k 2022: €61k 2023: €119k 2024: €196k

2021 → 2025

Total assets

€1.44M▲ 84.9%

2024 · €777k

2021: €71k 2022: €166k 2023: €377k 2024: €777k

2021 → 2025

Net result

€84k▲ 8.7%

2024 · €78k

2021: €17k 2022: €40k 2023: €58k 2024: €78k

2021 → 2025

Working capital

€192k▲ 17.9%

2024 · €163k

2021: €21k 2022: €48k 2023: €102k 2024: €163k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€21k-€61k▲ 187%€119k▲ 95.2%€196k▲ 65.2%€281k▲ 42.9%

Operating result€25k-€57k▲ 132%€88k▲ 53.9%€126k▲ 42.2%€144k▲ 14.2%

Net result€17k-€40k▲ 130%€58k▲ 46.1%€78k▲ 33.8%€84k▲ 8.7%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 14% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €1.40M

95.1%

Fixed assets €69k▲ 19.8%

Current assets €1.33M▲ 85.2%

Equity and liabilities €1.44M

19.5%

80.5%

Equity €281k▲ 42.9%

Debt €1.16M▲ 99.2%

The debt ratio rises from 74.7% to 80.5%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€171k▲

2024 · €137k

Cash flow

€111k▲

2024 · €88k

Solvency

19.5%▼

2024 · 25.3%

Current ratio

1.17▼

2024 · 1.29

Quick ratio

0.86▼

2024 · 0.93

Debt / equity

4.12▲

2024 · 2.96

ROE

30.0%▼

2024 · 39.5%

ROA

5.9%▼

2024 · 10.0%

Interest coverage

10.15▼

2024 · 15.39

Debt

€1.16M▲

2024 · €580k

Debt ≤ 1 year

€1.14M▲

2024 · €556k

Debt > 1 year

€16k▼

2024 · €24k

Income taxes

€43k▲

2024 · €39k

Staff costs

€535k▲

2024 · €331k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€777k€1.44M▲

Formation expenses20-€35k

Fixed assets21/28€57k€69k▲

Tangible fixed assets22/27€52k€61k▲

Plant, machinery and equipment23€39k€41k▲

Furniture and vehicles24€14k€20k▲

Financial fixed assets28€5k€7k▲

Current assets29/58€719k€1.33M▲

Stocks and contracts in progress3€200k€357k▲

Stocks30/36€10k€52k▲

Contracts in progress37€190k€305k▲

Amounts receivable within one year40/41€484k€844k▲

Trade receivables40€474k€826k▲

Other amounts receivable41€10k€18k▲

Cash at bank and in hand54/58€25k€101k▲

Deferred charges and accrued income490/1€11k€30k▲

Equity and liabilities

Total equity and liabilities10/49€777k€1.44M▲

Equity10/15€196k€281k▲

Contributions10/11€4k€4k=

Reserves13€192k€277k▲

Distributable reserves133€192k€277k▲

Amounts payable17/49€580k€1.16M▲

Amounts payable after more than one year17€24k€16k▼

Financial debts170/4€24k€16k▼

Amounts payable within one year42/48€556k€1.14M▲

Current portion of amounts payable after more than one year42€8k€8k▲

Financial debts43€75k€77k▲

Credit institutions430/8€75k€77k▲

Trade debts44€343k€929k▲

Suppliers440/4€343k€929k▲

Taxes, remuneration and social security45€125k€126k▲

Taxes450/3€52k€64k▲

Remuneration and social security454/9€73k€63k▼

Other amounts payable47/48€6k€70▼

Income statement Code20242025

Remuneration, social security and pensions62€331k€535k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€27k▲

Other operating charges640/8€1k€7k▲

Gross operating margin9900€469k€713k▲

Operating profit (loss)9901€126k€144k▲

Financial income75/76B-€595

Recurring financial income75-€595

Financial charges65/66B€9k€17k▲

Recurring financial charges65€9k€17k▲

Profit (loss) for the period before taxes9903€117k€127k▲

Income taxes67/77€39k€43k▲

Profit (loss) for the period9904€78k€84k▲

Profit (loss) for the period to be appropriated9905€78k€84k▲

Appropriation of the result

Profit (loss) to be appropriated9906€78k€84k▲

Transfer to equity691/2€78k€84k▲

To other reserves6921€78k€84k▲

Social balance

Average headcount (FTE)90875.36.8▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 9Financial 4Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2021net €84k ▲8.7%

Operating result €144k, net result €84k, both a record.

31-12

Financial Equity above €200kEq €281k ▲42.9%

5 profitable years in a row build equity to €281k.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Equity above €150kEq €196k ▲65.2%

4 profitable years in a row build equity to €196k.

27-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Equity above €100kEq €119k ▲95.2%

3 profitable years in a row build equity to €119k.

19-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

29-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Hasselt · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Martelarenlaan 123500 Hasselt

Ground area

329 m²

Building footprint

254 m²

Volume, LiDAR

4,010 m³

Parcel 71323C0164/00L003, Flanders · tallest building 21.4 m, ±6 floors. Linked by address, not a title deed.

1 establishment unit

Huust

Martelarenlaan 12, 3500 HasseltReal estate development

since 20202.312.188.505

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71323C0164/00L003	Flanders	329 m²	1 · 254 m²	21.4 m · 6 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 4,765 EUR awarded · 453 EUR paid

Year	Entries	awarded	paid
2025	1	4,266 EUR	276 EUR
2024	1	421 EUR	177 EUR
2023	1	78 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 4,765 EUR · 453 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

4 categories

Huust BV#9782

category D, class 1 · category F, class 1 · category G, class 1 · category N, class 1

decision 09-04-2026 · valid until 08-12-2027

Similar companies · same sector, comparable size

Lichtervelde · Eq €281k

Li-Vente

BE 0836.258.477

Deerlijk · Eq €281k

BOUWWERKEN STREMERSCH

BE 0463.199.744

Sint-Niklaas · Eq €281k

Of 29,808 companies in sector 41001 we hold annual accounts for 16,038. 11,167 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-12-2020

Fiscal year end31-12

Activities, NACEBEL

41001General construction of residential buildings

43410Roofing work

41003General construction of other non-residential buildings

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.