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CONSTRUCT-FS

Active
Private limited company (pre-2019)founded 200619 yrs activeRue des Amandiers(S-V) 42, 7100 La Louvière, BelgiumKBO/BCE: BE 0885.215.169
Summary

The computed 12-month bankruptcy probability of CONSTRUCT-FS is 2.1% (moderate). The 2025 annual accounts show negative equity (-€36,951) and a net result of -€66. Equity remains stable across the filed fiscal years (±0.3% per year). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability30=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€36,951
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
31 d late
2024
30 d late
2023
23 d early
2022
28 d late
2021
31 d late
2020
59 d late
2019
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 20 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · 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. Usually files around 30 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

CONSTRUCT-FS was incorporated on 24 November 2006.1 Total assets went from EUR 2,445 in 2018 to EUR 2,227 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€36,951▼ 0.2%
2024 · -€36,886
Total assets
€2,227=
2024 · €2,227
Net result
-€66▼ 3.0%
2024 · -€64
Working capital
-€36,951▼ 0.2%
2024 · -€36,886
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€175▼ 17.4%-€57▲ 67.4%-€64▼ 11.6%-€64▼ 0.3%-€66▼ 3.0%
Net result-€175▼ 17.4%-€57▲ 67.4%-€64▼ 11.6%-€64▼ 0.3%-€66▼ 3.0%
Equity-€36,701▼ 0.5%-€36,758▼ 0.2%-€36,822▼ 0.2%-€36,886▼ 0.2%-€36,951▼ 0.2%
Total assets€2,227=€2,227=€2,227=€2,227=€2,227=
Debt€38,928▲ 0.5%€38,985▲ 0.1%€39,049▲ 0.2%€39,112▲ 0.2%€39,178▲ 0.2%
Working capital-€36,701▼ 0.5%-€36,758▼ 0.2%-€36,822▼ 0.2%-€36,886▼ 0.2%-€36,951▼ 0.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€200-€150-€100-€50€0Operating result 2021: -€175-€175Net result 2021: -€175-€175Operating result 2022: -€57-€57Net result 2022: -€57-€57Operating result 2023: -€64-€64Net result 2023: -€64-€64Operating result 2024: -€64-€64Net result 2024: -€64-€64Operating result 2025: -€66-€66Net result 2025: -€66-€6620212022202320242025-€80-€60-€40-€20€0Operating result 2023: -€64-€64Net result 2023: -€64-€64Operating result 2024: -€64-€64Net result 2024: -€64-€64Operating result 2025: -€66-€66Net result 2025: -€66-€66202320242025
The operating result stays negative: a loss of €66 in 2025 against €64 in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€39,178▲
2024 · €39,112
Ratios withheld: a balance sheet total of €2,227 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,332 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss
2.8% went bankrupt
5.8% stopped otherwise
91% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,332 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 23 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,227€2,227=
Current assets29/58€2,227€2,227=
Amounts receivable within one year40/41€2,227€2,227=
Trade receivables40€2,227€2,227=
Equity and liabilities
Total equity and liabilities10/49€2,227€2,227=
Equity10/15-€36,886-€36,951▼
Contributions10/11€12,400€12,400=
Reserves13€2,652€2,652=
Non-distributable reserves130/1€152€152=
Reserves not available under the articles1311€152€152=
Distributable reserves133€2,500€2,500=
Profit (loss) carried forward14-€51,938-€52,003▼
Amounts payable17/49€39,112€39,178▲
Amounts payable within one year42/48€39,112€39,178▲
Other amounts payable47/48€39,112€39,178▲
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€64€66▲
Gross operating margin9900-€64-€66▼
Operating profit (loss)9901-€64-€66▼
Profit (loss) for the period before taxes9903-€64-€66▼
Profit (loss) for the period9904-€64-€66▼
Profit (loss) for the period to be appropriated9905-€64-€66▼
Appropriation of the result
Profit (loss) to be appropriated9906-€51,938-€52,003▼
Profit (loss) brought forward from the previous period14P-€51,874-€51,938▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Goods, raw materials, services and sundry goods60/61€175€57€64€64€66▲ 3.0%
Gross operating margin9900-€175-€57-€64-€64-€66▼ 3.0%
Operating profit (loss)9901-€175-€57-€64-€64-€66▼ 3.0%
Profit (loss) for the period before taxes9903-€175-€57-€64-€64-€66▼ 3.0%
Profit (loss) for the period9904-€175-€57-€64-€64-€66▼ 3.0%
Profit (loss) for the period to be appropriated9905-€175-€57-€64-€64-€66▼ 3.0%
Line20212022202320242025Change
Assets
Total assets20/58€2,227€2,227€2,227€2,227€2,227=
Current assets29/58€2,227€2,227€2,227€2,227€2,227=
Amounts receivable within one year40/41€2,227€2,227€2,227€2,227€2,227=
Trade receivables40€2,227€2,227€2,227€2,227€2,227=
Equity and liabilities
Total equity and liabilities10/49€2,227€2,227€2,227€2,227€2,227=
Equity10/15-€36,701-€36,758-€36,822-€36,886-€36,951▼ 0.2%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€2,652€2,652€2,652€2,652€2,652=
Non-distributable reserves130/1€152€152€152€152€152=
Reserves not available under the articles1311€152€152€152€152€152=
Distributable reserves133€2,500€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14-€51,753-€51,810-€51,874-€51,938-€52,003▼ 0.1%
Amounts payable17/49€38,928€38,985€39,049€39,112€39,178▲ 0.2%
Amounts payable within one year42/48€38,928€38,985€39,049€39,112€39,178▲ 0.2%
Other amounts payable47/48€38,928€38,985€39,049€39,112€39,178▲ 0.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€175-€57-€64-€64-€66▼ 3.0%
Operating cash flow (approximation)-€175-€57-€64-€64-€66▼ 3.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
13-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 65 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, La Louvière · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
638 m²
Building footprint
167 m²
Volume, LiDAR
1,000 m³
Parcel 55038D0209/00C006, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CONSTRUCT-FS
Rue des Amandiers(S-V) 42, 7100 La LouvièreNACE 51180
since 20062.158.108.359
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55038D0209/00C006 Wallonia 638 m² 1 · 167 m² 7.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded24-11-2006
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.