ACTIVE

HD CONSTRUCT

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Financial year 2025 · closed on 31/12/2025
Net result
35,2 k €
-33.2% YoY
Gross margin
721 k €
+26.8% YoY
Equity
50,9 k €
+223.1% YoY
Workforce
12,3 ETP
+24.2% YoY

What does HD CONSTRUCT do?

HD CONSTRUCT is a Private limited company incorporated in 2016. Its main activity is: Specialised construction activities. Its registered office is in Frameries. It employs on average 12,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0665.844.325
Incorporation
09/11/2016
Legal form
Private limited company
Registered office
Rue de l'U.R.S.S. 46
7080 Frameries · WallonieSee on map
Contributed capital
12 600,00 €
Latest accounts
31/12/2025
Average workforce
12,3 ETP
Activities (NACE)
43410Specialised construction activities· main43910Roofing activities43910Roofing activities
Joint committees (2)
  • 124
  • 200
Contacts
2 public details availableLog in to view
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin721 k €568,6 k €602,1 k €592,9 k €494,2 k €395,4 k €471,6 k €178,1 k €76,1 k €
EBITDA99,6 k €79,1 k €185,4 k €40,6 k €-48,4 k €17,6 k €110,1 k €42,1 k €19,4 k €
Operating result51,8 k €62,3 k €119,6 k €-25,1 k €-114,7 k €-46,7 k €43,3 k €27 k €4 k €
Net result35,2 k €52,7 k €109,7 k €-33,8 k €-125,6 k €-55,5 k €34,8 k €19,3 k €1,6 k €
Balance sheet
Equity50,9 k €15,8 k €-36,9 k €-146,6 k €-112,8 k €12,7 k €68,2 k €33,5 k €14,2 k €
Total assets317 k €246,4 k €344,9 k €316,3 k €404,4 k €464,7 k €596,6 k €150,2 k €121,1 k €
Cash60,8 k €24,5 k €123,8 k €45,3 k €89,3 k €55,4 k €51,3 k €66,2 k €18,6 k €
Debts260,4 k €219,3 k €374,2 k €461,6 k €516,2 k €451 k €525,8 k €116,7 k €106,8 k €
Other
Workforce12,3 ETP9,9 ETP9,8 ETP14,1 ETP14,9 ETP10,6 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

DJAVID HAMIDI

Director · since 09 novembre 2016

Active

Ended mandates

DJAVID HAMIDI

Manager · since 09 novembre 2016

Ended
At this address

Other companies at this address

CompanyCBE no.
IMMO HD● Active
1042.185.816
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/08/202622/08/202530/08/202425/08/202329/06/202205/08/2021
General meeting21/08/202630/06/202530/06/202430/06/202321/06/202206/07/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202521/08/202627/08/2026FrenchPDF
Abridged model31/12/202430/06/202522/08/2025FrenchPDF
Abridged model31/12/202330/06/202430/08/2024FrenchPDF
Abridged model31/12/202230/06/202325/08/2023FrenchPDF
Abridged model31/12/202121/06/202229/06/2022FrenchPDF
Abridged model31/12/202006/07/202105/08/2021FrenchPDF
Micro model31/12/201928/07/202011/09/2020FrenchPDF
Micro model31/12/201828/06/201926/07/2019FrenchPDF
Micro model31/12/201719/06/201811/07/2018FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 1 ended

Active mandates

DJAVID HAMIDI

Director · since 09 novembre 2016

Active

Ended mandates

DJAVID HAMIDI

Manager · since 09 novembre 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates01/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE - DENOMINATION - DEMISSIONS, NOMINATIONS
    PDF
  • Other14/11/2016
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202535,2 k €↓
  2. 2024
    Annual accounts 202452,7 k €↓
  3. 2023
    Annual accounts 2023109,7 k €↑
  4. 2022
    Annual accounts 2022-33,8 k €↑
  5. 2021
    Annual accounts 2021-125,6 k €↓
  6. 2020
    Annual accounts 2020-55,5 k €↓
  7. 2019
    Annual accounts 201934,8 k €↑
  8. 2018
    Annual accounts 201819,3 k €↑
  9. 2017
    Annual accounts 20171,6 k €
  10. 09/11/2016
    IncorporationPrivate limited company