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F.A. CONSTRUCTION

Bankruptcy
Private limited company (pre-2019)founded 2006Peter Benoitplein 15B, 1120 Brussel, BelgiumKBO/BCE: BE 0880.390.707
Summary

The KBO register records for F.A. CONSTRUCTION the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €7,889 and a net result of -€24,582.

F.A. CONSTRUCTIONBankruptcy

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€24,582
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
28 d late
2022
29 d late
2021
61 d late
2020
89 d late
2019
95 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 50 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (1)
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

On 31 March 2006, F.A. CONSTRUCTION was incorporated.1 Total assets went from EUR 179,355 in 2018 to EUR 10,390 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€7,889▼ 75.7%
2023 · €32,471
Total assets
€10,390▼ 69.6%
2023 · €34,142
Net result
-€24,582▲ 76.8%
2023 · -€106,043
Working capital
€6,777▼ 63.1%
2023 · €18,341
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€36,253€5,595€809▼ 85.5%-€106,469-€23,950▲ 77.5%
Net result-€36,602€4,855€316▼ 93.5%-€106,043-€24,582▲ 76.8%
Equity€133,343▼ 21.5%€138,198▲ 3.6%€138,514▲ 0.2%€32,471▼ 76.6%€7,889▼ 75.7%
Total assets€161,906▼ 15.8%€158,087▼ 2.4%€144,695▼ 8.5%€34,142▼ 76.4%€10,390▼ 69.6%
Debt€28,563▲ 28.1%€19,888▼ 30.4%€6,181▼ 68.9%€1,671▼ 73.0%€2,502▲ 49.7%
Working capital€115,931▼ 28.1%€120,426▲ 3.9%€121,416▲ 0.8%€18,341▼ 84.9%€6,777▼ 63.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2020: -€36,253-€36,253Net result 2020: -€36,602-€36,602Operating result 2021: €5,595€5,595Net result 2021: €4,855€4,855Operating result 2022: €809€809Net result 2022: €316€316Operating result 2023: -€106,469-€106,469Net result 2023: -€106,043-€106,043Operating result 2024: -€23,950-€23,950Net result 2024: -€24,582-€24,58220202021202220232024-€150,000-€100,000-€50,000€0Operating result 2022: €809€809Net result 2022: €316€316Operating result 2023: -€106,469-€106,000Net result 2023: -€106,043-€106,000Operating result 2024: -€23,950-€23,900Net result 2024: -€24,582-€24,600202220232024
The operating result stays negative: a loss of €23,950 in 2024 against €106,469 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10,390
Fixed assets €1,112 ▼ 92.1%
Current assets €9,278 ▼ 53.6%
Equity and liabilities €10,390
Equity €7,889 ▼ 75.7%
Debt €2,502 ▲ 49.7%
Debt's share of the balance-sheet total rises from 4.9% to 24.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
3.71▼
2023 · 11.98
Debt to equity
0.32▲
2023 · 0.05
ROE
-311.6%▲
2023 · -326.6%
ROA
-236.6%▲
2023 · -310.6%
Debt ≤ 1 year
€2,502▲
2023 · €1,671
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€34,142€10,390▼
Fixed assets21/28€14,130€1,112▼
Tangible fixed assets22/27€13,018-
Plant, machinery and equipment23€1,975-
Furniture and vehicles24€11,043-
Financial fixed assets28€1,112€1,112=
Current assets29/58€20,012€9,278▼
Amounts receivable within one year40/41€7,547€2,825▼
Other amounts receivable41€7,547€2,825▼
Cash at bank and in hand54/58€11,159€6,217▼
Deferred charges and accrued income490/1€1,305€236▼
Equity and liabilities
Total equity and liabilities10/49€34,142€10,390▼
Equity10/15€32,471€7,889▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€12,011-€12,571▼
Amounts payable17/49€1,671€2,502▲
Amounts payable within one year42/48€1,671€2,502▲
Current portion of amounts payable after more than one year42€755-
Trade debts44€872€193▼
Suppliers440/4€872€193▼
Taxes, remuneration and social security45€44€2,309▲
Taxes450/3€44€2,309▲
Income statement Code20232024
Remuneration, social security and pensions62-€489-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,346-
Other operating charges640/8€26,570€1,062▼
Gross operating margin9900-€70,043-€22,888▲
Operating profit (loss)9901-€106,469-€23,950▲
Financial income75/76B€1,193€1,950▲
Recurring financial income75€1,193€1,950▲
Financial charges65/66B€603€2,582▲
Recurring financial charges65€603€2,582▲
Profit (loss) for the period before taxes9903-€105,879-€24,582▲
Income taxes67/77€164-
Profit (loss) for the period9904-€106,043-€24,582▲
Profit (loss) for the period to be appropriated9905-€106,043-€24,582▲
Appropriation of the result
Profit (loss) to be appropriated9906€12,011-€12,571▼
Profit (loss) brought forward from the previous period14P€118,054€12,011▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62--€1,483€239-€489--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,057€8,535€8,821€10,346--
Other operating charges640/8-€1,969€2,163€26,570€1,062▼ 96.0%
Gross operating margin9900-€7,517€14,616€12,032-€70,043-€22,888▲ 67.3%
Operating profit (loss)9901-€36,253€5,595€809-€106,469-€23,950▲ 77.5%
Financial income75/76B-€1€236€1,193€1,950▲ 63.4%
Recurring financial income75€644€1€236€1,193€1,950▲ 63.4%
Financial charges65/66B-€611€606€603€2,582▲ 329%
Recurring financial charges65€880€611€606€603€2,582▲ 329%
Profit (loss) for the period before taxes9903-€36,489€4,985€438-€105,879-€24,582▲ 76.8%
Income taxes67/77€113€130€122€164--
Profit (loss) for the period9904-€36,602€4,855€316-€106,043-€24,582▲ 76.8%
Profit (loss) for the period to be appropriated9905-€36,602€4,855€316-€106,043-€24,582▲ 76.8%
Line20202021202220232024Change
Assets
Total assets20/58€161,906€158,087€144,695€34,142€10,390▼ 69.6%
Fixed assets21/28€32,306€23,771€17,853€14,130€1,112▼ 92.1%
Tangible fixed assets22/27€31,194€22,659€16,741€13,018--
Plant, machinery and equipment23-€490€2,804€1,975--
Furniture and vehicles24-€22,169€13,937€11,043--
Financial fixed assets28€1,112€1,112€1,112€1,112€1,112=
Current assets29/58€129,601€134,316€126,842€20,012€9,278▼ 53.6%
Stocks and contracts in progress3€20,305€25,155€20,155---
Stocks30/36-€25,155€20,155---
Amounts receivable within one year40/41€84,067€79,029€66,885€7,547€2,825▼ 62.6%
Trade receivables40-€31,437€12,617---
Other amounts receivable41-€47,592€54,268€7,547€2,825▼ 62.6%
Cash at bank and in hand54/58€23,254€28,725€38,269€11,159€6,217▼ 44.3%
Deferred charges and accrued income490/1-€1,407€1,533€1,305€236▼ 81.9%
Equity and liabilities
Total equity and liabilities10/49€161,906€158,087€144,695€34,142€10,390▼ 69.6%
Equity10/15€133,343€138,198€138,514€32,471€7,889▼ 75.7%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€112,883€117,738€118,054€12,011-€12,571▼ 205%
Amounts payable17/49€28,563€19,888€6,181€1,671€2,502▲ 49.7%
Amounts payable after more than one year17€14,894€5,998€755---
Financial debts170/4-€5,998€755---
Amounts payable within one year42/48€13,669€13,890€5,426€1,671€2,502▲ 49.7%
Current portion of amounts payable after more than one year42-€8,896€5,243€755--
Trade debts44€3,177€4,714-€872€193▼ 77.9%
Suppliers440/4-€4,714-€872€193▼ 77.9%
Taxes, remuneration and social security45-€280€182€44€2,309▲ 5,091%
Taxes450/3-€280€182€44€2,309▲ 5,091%
Line20202021202220232024Change
Profit (loss) for the period9904-€36,602€4,855€316-€106,043-€24,582▲ 76.8%
+ Depreciation and write-downs630€7,057€8,535€8,821€10,346--
Operating cash flow (approximation)-€29,545€13,390€9,137-€95,697-€24,582▲ 74.3%
Investment in fixed assets (approximation)--€0-€2,903-€6,623€13,018▲ 297%
Change in cash-€5,472€9,544-€27,110-€4,942▲ 81.8%

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

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial Weakest financial yearnet -€106,043
Net result drops to -€106,043, the lowest in the series.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Liquidity doublescurrent ratio 23.38
Current ratio from 9.67 to 23.38; short-term debt falls from €13,890 to €5,426.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial Back to profitnet €4,855
Net result €4,855 after one loss-making year.
28-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
03-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
25-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
05-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2006
seat establishment approximate The establishment unit on the map
Ground area
2,271 m²
Building footprint
1,642 m²
Volume, LiDAR
25,279 m³
2 parcels, Brussels · tallest building 40.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
F.A. CONSTRUCTION
Peter Benoitplein 15, 1120 BrusselNACE 4511102
since 20062.156.338.506
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21819C0042/00A000 Brussels 1,644 m² 1 · 1,642 m² 40.8 m · 5 fl.
21819B0081/12B000 Brussels 627 m² - -
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,042. 8,324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded31-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
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.

Register as of 27 September 2026 · Peppol Directory

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