Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2023; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
HRT-CONSTRUCT from Pajottegem, company number BE0711695532, closed financial year 2023 with a result of € -388,508 after tax. For that financial year HRT-CONSTRUCT recorded a gross margin of € -64,177 and equity of € -354,341. Compared with financial year 2022, the result moved from € 20,144 to € -388,508. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 12, 2024.
€ -354,341
▼ € 388,508 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -388,508
▼ still € 20,144 profit in 2022
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -378,341.
People and assets in 2023
0
▼ 9.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 217,655
▼ 29% vs 2022
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
€ 194,001
▼ 30% vs 2022
€ 3,536 is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 335,297
▼ 16% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 232,959
▲ 18% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 525,789 | € 407,441 | € -64,177 | ▼ € 471,618 |
| Profit after taxes | € -36,330 | € 20,144 | € -388,508 | ▼ € 408,652 |
| Equity | € 14,023 | € 34,168 | € -354,341 | ▼ € 388,508 |
| Total debts | € 852,494 | € 871,768 | € 779,582 | ▼ 11% |
| Cash | € 23,484 | € 16,367 | € 0 | ▼ 100% |
| Retained profit | € -9,977 | € 10,168 | € -378,341 | ▼ € 388,508 |
| Bank debt | € 327,676 | € 277,878 | € 194,001 | ▼ 30% |
| Balance sheet total | € 866,517 | € 905,935 | € 425,242 | ▼ 53% |
| Employees (FTE) | 9.5 | 9.5 | 0 | ▼ 9.5 |
Key figures of HRT-CONSTRUCT, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to HRT-CONSTRUCT?
What happened at HRT-CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HRT-CONSTRUCT is active according to the CBE. Legal situation: Opening faillissement.
- Corrected annual accounts filed for financial year 2023. Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,330 loss in 2021 to € 388,508 loss in 2023.
Paid € 17,191 in corporate taxes since 2021.
Best year ever: 2022, with € 20,144 profit.
On average € 42,900 of value added per employee in 2022.
Management
Behind HRT-CONSTRUCT is HRT-IMMO. The shares are held by HRT-IMMO, Jonathan Tielemans, Marc Tielemans and Jessy Tielemans.
Establishments
Establishment units
Physical locations of this company
Waterstraat 38
1570 Pajottegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0711.695.532
- VAT number
- BE 0711.695.532
- Registered office
- Waterstraat 38, 1570 Pajottegem
- Names & denominations
- HRT-CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 15 October 2018
- Peppol
- Not registered
- Activities · NACE
Landschapsverzorging