Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 17.1 to 13.9.
Financials
Financial year 2025
H&H Construct from Wellen, company number BE0466687091, closed financial year 2025 with a result of € -113,119 after tax. For that financial year H&H Construct recorded a gross margin of € 1.1 million and equity of € 708,857. Compared with financial year 2024, the result moved from € 136,286 to € -113,119. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 708,857
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -113,119
▼ still € 136,286 profit in 2024
Profit after tax over the fiscal year.
€ 293,545
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 668,400.
People and assets in 2025
13.9
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 921,575
▼ 4% vs 2024
€ 66,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 352,002
▼ 23% vs 2024
Of which on lease € 210,735.
Debts at end 2025
€ 1.2 million
▲ 7% vs 2024
€ 984,575 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 156,195
▼ 59% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 130,320
▲ 97% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,392,149 | € 1,526,138 | € 1,486,441 | € 1,112,825 | ▼ 25% |
| Profit after taxes | € 235,646 | € 189,902 | € 136,286 | € -113,119 | ▼ € 249,405 |
| Equity | € 713,055 | € 902,957 | € 1,030,811 | € 708,857 | ▼ 31% |
| Total debts | € 982,566 | € 1,583,165 | € 1,831,523 | € 2,267,847 | ▲ 24% |
| Cash | € 176,959 | € 608,917 | € 480,311 | € 293,545 | ▼ 39% |
| Land & buildings | € 84,000 | € 80,000 | € 76,000 | € 72,000 | ▼ 5% |
| Retained profit | € 667,641 | € 857,543 | € 990,355 | € 668,400 | ▼ 33% |
| Dividend | € 0 | € 0 | € 0 | € 208,836 | |
| Bank debt | € 584,402 | € 851,427 | € 1,071,755 | € 1,150,663 | ▲ 7% |
| Balance sheet total | € 1,728,878 | € 2,519,380 | € 2,895,591 | € 3,009,961 | ▲ 4% |
| Employees (FTE) | 16.9 | 17.1 | 16.6 | 13.9 | ▼ 2.7 |
Key figures of H&H Construct, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to H&H Construct?
What happened at H&H Construct in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 113,119 (▼ € 249,405 vs 2024). filed late Source: NBB ↗
- Kris Hendrix became a director. NBB
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 235,646 profit in 2022 to € 113,119 loss in 2025.
Paid € 262,482 in corporate taxes since 2022.
Best year ever: 2022, with € 235,646 profit.
On average € 80,100 of value added per employee in 2025.
Management
Behind H&H Construct is Kris Hendrix. Kris Hendrix is also behind V&K Invest.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Broekstraat 53 B
3830 Wellen
Broekstraat 53
3830 Wellen
Active since 6 October 1999
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.687.091
- VAT number
- BE 0466.687.091
- Registered office
- Broekstraat 53 B, 3830 Wellen
- Names & denominations
- H&H Construct
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 1999
- Peppol
- Active · Active since 22 Jun 2026
- Activities · NACE
Bouwen van individuele huizen
Algemene bouw van residentiële gebouwen
Installatie van isolatie
Stukadoorswerk
Overige gespecialiseerde bouwactiviteiten, neg
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van vloer- en wandtegels
Plaatsen van vloerbedekking van hout of andere materialen
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