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Huwaerts & Co

Active
Private limited companyfounded 2022active for 4 yearsSteenweg op Mechelen 455, 1950 Kraainem, BelgiumKBO/BCE: BE 0785.687.033
Summary

The computed 12-month bankruptcy probability of Huwaerts & Co is 11.7% (high). The 2024 annual accounts show equity of €55,214 and a net result of €19,072. Equity has been growing by about 65% per year since 2022. Its solvency ranks better than 19% of 9,836 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.

Overview

Official details

Source: KBO
Status
Active since 04-05-2022 Normal situation
Registered office
961 active companies are registered at this address 95 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
General construction of residential buildings NACE 41001and 4 others
Establishment units
2.331.699.163 1060 Sint-Gillis (bij-Brussel), since 04-05-2022
2.331.699.262 1180 Ukkel, since 04-05-2022
Financial year end
31 December
Peppol
Reachable since 20-05-2025

Financial position

31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.7%
Annual accounts 2024
Gross margin
€31,589
▼ 14.1%
Turnover
≈ €220,000
estimated
Profit
€19,072
▼ 31.8%
Equity
€55,214
▲ 52.8%
Total assets
€534,792
▲ 740%
  • 2025 accounts not filed, 94 days past the deadline
Filed on 04-09-2025
Score breakdownraises riskEx-officio strike-off in the KBO1 financial year not filed after the legal deadline; last filed accounts filed 35 days late; 3 of the last 3 accounts lateLiquidity: current ratio 1.11, cash €1,287, halvedSector: Construction of residential and non-residential buildings (NACE 41)Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 37% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 35-47
equity 10.3% of total assets
Liquidity 1-38
short-term debt 89.7% · cash 0.2%
Profitability 73-27
return on assets 3.6%
Bankruptcy probability within 12 months
11.7% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 4.9% 01-2025: 4.8%▼ -0.1 percentage points vs 12-2024 02-2025: 4.8%● unchanged vs 01-2025 03-2025: 4.8%● unchanged vs 02-2025lowest value 04-2025: 4.8%● unchanged vs 03-2025 05-2025: 4.8%● unchanged vs 04-2025 06-2025: 4.8%● unchanged vs 05-2025 07-2025: 5.0%▲ +0.2 percentage points vs 06-2025 08-2025: 5.5%▲ +0.5 percentage points vs 07-2025 09-2025: 5.7%▲ +0.2 percentage points vs 08-2025 10-2025: 5.7%● unchanged vs 09-2025 11-2025: 5.7%● unchanged vs 10-2025 12-2025: 5.7%● unchanged vs 11-2025 01-2026: 5.4%▼ -0.3 percentage points vs 12-2025 02-2026: 5.4%● unchanged vs 01-2026 03-2026: 9.8%▲ +4.4 percentage points vs 02-2026 04-2026: 9.7%▼ -0.1 percentage points vs 03-2026 05-2026: 9.7%● unchanged vs 04-2026 06-2026: 9.5%▼ -0.2 percentage points vs 05-2026 07-2026: 9.3%▼ -0.2 percentage points vs 06-2026 08-2026: 10.5%▲ +1.2 percentage points vs 07-2026 09-2026: 10.6%▲ +0.1 percentage points vs 08-2026 10-2026: 11.7%▲ +1.1 percentage points vs 09-2026highest value 11-2026: 11.7%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.11 (2.19 in 2023), below the usual 1.5. Short-term debt is 89.7% and cash 0.2% of total assets. 89.7% 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 41, micro). It does better than 18% of them on solvency, 3% on liquidity, 48% on profitability and 80% on growth.

The bankruptcy probability was computed on 01-11-2026 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

Eight signals.
raises risk
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 35 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.11, cash €1,287, halved
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9836 sector peers (2024).
NBB · sector comparison
Position among 9836 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 35 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
35 days late
2023
68 days late
2022
73 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 59 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout stopped

Key points

  • Caution: Lower solvency than 81% of companies in construction of buildingssector median 42.3% · 9,836 companies 10.3% View

Recent changes

  1. · KBO administration Address strikeout stoppedevent 04-05-2026
  2. · KBO administration Address struck
  3. · Gazette deed IncorporationAppointment: CHAVES MILHOMEM, Fabiola (director)
All 7 events

Comparable companies

These companies have the same main activity as Huwaerts & Co: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €475,000 and €591,000, founded between 2021 and 2023.

CompanyTotal assetsGross margin
Huwaerts & Co Kraainem€534,792€31,589
BATIBOB Sint-Pieters-Leeuw€499,362€26,219
S CONSTRUCTION Verviers€475,161€30,820
MANI PROJECTS Wichelen€540,666€26,193
Nest Invest Aalst€480,096€32,933
Batihome Project Halle€563,225€30,024
TWIN V Wemmel€590,998€25,632
Full comparison

Key facts about Huwaerts & Co

What is the company number of Huwaerts & Co?
The company number of Huwaerts & Co is 0785.687.033. The VAT number is the same number with BE in front: BE 0785.687.033.
Where is Huwaerts & Co based?
The registered office is at Steenweg op Mechelen 455, 1950 Kraainem.Company details
What does Huwaerts & Co do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of Huwaerts & Co?
The legal form of Huwaerts & Co is Private limited company (BV).
When was Huwaerts & Co founded?
Huwaerts & Co was founded on 04-05-2022.
Is Huwaerts & Co still active?
Yes, Huwaerts & Co is an active enterprise in the KBO register.
What is the turnover of Huwaerts & Co?
The turnover in financial year 2024 is ≈ €220,000. This figure is estimated from the gross margin of €31,589 and 163 comparable companies (NACE 41001). It probably lies between €120,000 and €400,000.Financials
Is Huwaerts & Co profitable?
In financial year 2024, Huwaerts & Co made a profit of €19,072.
Where can I find the annual accounts of Huwaerts & Co?
Huwaerts & Co filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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