F.CONSTRUCT
Dissolution or liquidationSummary
The KBO register records for F.CONSTRUCT the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (-€55,350) and a net result of €5,440.
Signals
1 signal.
+raises risk
Checked, nothing found (1)
History
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Who ran this company, and where was it based, on a date before the end?Company as of a date How is the General construction of residential buildings sector doing?Sector figures
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Financials · fiscal year 2022, micro schema
Equity
-€55,350▲ 8.9%
2021 · -€60,790
Total assets
€35,181▼ 24.4%
2021 · €46,564
Net result
€5,440▲ 568%
2021 · €814
Working capital
-€59,273▲ 19.2%
2021 · -€73,362
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€77,694--€17,028▲ 78.1%-€11,939▲ 29.9%€2,051€6,967▲ 240%
Net result-€79,866--€19,562▲ 75.5%-€14,216below the sector's middle half▲ 27.3%€814within the sector's middle half€5,440within the sector's middle half▲ 568%
Equity-€27,826--€47,388▼ 70.3%-€61,604below the sector's middle half▼ 30.0%-€60,790below the sector's middle half▲ 1.3%-€55,350below the sector's middle half▲ 8.9%
Total assets€109,189-€53,987▼ 50.6%€37,203below the sector's middle half▼ 31.1%€46,564below the sector's middle half▲ 25.2%€35,181below the sector's middle half▼ 24.4%
Debt€137,015-€101,375▼ 26.0%€98,807▼ 2.5%€107,354▲ 8.7%€90,531▼ 15.7%
Working capital-€95,349--€95,600▼ 0.3%-€89,935▲ 5.9%-€73,362▲ 18.4%-€59,273▲ 19.2%
Solvency-25.5%--87.8%▼ 62.3pp-165.6%below the sector's middle half▼ 77.8pp-130.6%below the sector's middle half▲ 35.0pp-157.3%below the sector's middle half▼ 26.8pp
Staff (FTE)3.6-2▼ 44.4%1.3within the sector's middle half▼ 35.0%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2022 is 240% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €35,181
Fixed assets
€3,969 ▼ 70.3%
Current assets
€31,212 ▼ 5.9%
Key figures and ratios
EBITDA
€17,295▲
2021 · €16,997
Cash flow
€15,768▲
2021 · €15,760
Current ratio
0.34▲
2021 · 0.31
Debt to equity
-1.64▲
2021 · -1.77
ROA
15.5%▲
2021 · 1.7%
Interest coverage
17.04▼
2021 · 23.97
Debt ≤ 1 year
€90,485▼
2021 · €106,541
Income taxes
€516▼
2021 · €529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €456 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17,251 | €20,152 | €17,747 | €14,946 | €10,328 | ▼ 30.9% |
| Other operating charges640/8 | - | - | - | €1,971 | €4 | ▼ 99.8% |
| Gross operating margin9900 | €97,862 | €30,064 | €8,887 | €19,424 | €17,299 | ▼ 10.9% |
| Operating profit (loss)9901 | -€77,694 | -€17,028 | -€11,939 | €2,051 | €6,967 | ▲ 240% |
| Financial income75/76B | - | - | - | €1 | €4 | ▲ 300% |
| Recurring financial income75 | €36 | €2 | - | €1 | €4 | ▲ 300% |
| Financial charges65/66B | - | - | - | €709 | €1,015 | ▲ 43.2% |
| Recurring financial charges65 | €1,649 | €1,959 | €1,846 | €709 | €1,015 | ▲ 43.2% |
| Profit (loss) for the period before taxes9903 | -€79,307 | -€18,985 | -€13,785 | €1,343 | €5,956 | ▲ 343% |
| Income taxes67/77 | €559 | €577 | €431 | €529 | €516 | ▼ 2.5% |
| Profit (loss) for the period9904 | -€79,866 | -€19,562 | -€14,216 | €814 | €5,440 | ▲ 568% |
| Profit (loss) for the period to be appropriated9905 | -€79,866 | -€19,562 | -€14,216 | €814 | €5,440 | ▲ 568% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €109,189 | €53,987 | €37,203 | €46,564 | €35,181 | ▼ 24.4% |
| Fixed assets21/28 | €67,523 | €48,237 | €28,331 | €13,385 | €3,969 | ▼ 70.3% |
| Intangible fixed assets21 | €43,205 | €33,205 | €23,205 | €13,205 | €3,205 | ▼ 75.7% |
| Tangible fixed assets22/27 | €24,318 | €15,032 | €5,126 | €180 | €764 | ▲ 324% |
| Plant, machinery and equipment23 | - | - | - | €105 | €708 | ▲ 574% |
| Furniture and vehicles24 | - | - | - | €75 | €56 | ▼ 25.3% |
| Current assets29/58 | €41,666 | €5,750 | €8,872 | €33,179 | €31,212 | ▼ 5.9% |
| Stocks and contracts in progress3 | €5,821 | - | - | €5,000 | - | - |
| Stocks30/36 | - | - | - | €5,000 | - | - |
| Amounts receivable within one year40/41 | €1,986 | €5,226 | €7,483 | €23,323 | €28,807 | ▲ 23.5% |
| Trade receivables40 | - | - | - | €10,416 | €5,538 | ▼ 46.8% |
| Other amounts receivable41 | - | - | - | €12,907 | €23,269 | ▲ 80.3% |
| Cash at bank and in hand54/58 | €31,458 | €96 | €869 | €2,714 | €74 | ▼ 97.3% |
| Deferred charges and accrued income490/1 | - | - | - | €2,142 | €2,331 | ▲ 8.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €109,189 | €53,987 | €37,203 | €46,564 | €35,181 | ▼ 24.4% |
| Equity10/15 | -€27,826 | -€47,388 | -€61,604 | -€60,790 | -€55,350 | ▲ 8.9% |
| Contributions10/11 | €52,040 | €52,040 | €52,040 | €52,040 | €52,040 | = |
| Profit (loss) carried forward14 | -€79,866 | -€99,428 | -€113,644 | -€112,830 | -€107,390 | ▲ 4.8% |
| Amounts payable17/49 | €137,015 | €101,375 | €98,807 | €107,354 | €90,531 | ▼ 15.7% |
| Amounts payable within one year42/48 | €137,015 | €101,350 | €98,807 | €106,541 | €90,485 | ▼ 15.1% |
| Trade debts44 | €94,802 | €88,818 | €75,372 | €82,886 | €76,745 | ▼ 7.4% |
| Suppliers440/4 | - | - | - | €82,886 | €76,745 | ▼ 7.4% |
| Taxes, remuneration and social security45 | - | - | - | €5,514 | €2,053 | ▼ 62.8% |
| Taxes450/3 | - | - | - | €1,538 | €2,053 | ▲ 33.5% |
| Remuneration and social security454/9 | - | - | - | €3,976 | - | - |
| Other amounts payable47/48 | - | - | - | €18,141 | €11,687 | ▼ 35.6% |
| Accrued charges and deferred income492/3 | - | - | - | €813 | €46 | ▼ 94.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€79,866 | -€19,562 | -€14,216 | €814 | €5,440 | ▲ 568% |
| + Depreciation and write-downs630 | €17,251 | €20,152 | €17,747 | €14,946 | €10,328 | ▼ 30.9% |
| Operating cash flow (approximation) | -€62,615 | €590 | €3,531 | €15,760 | €15,768 | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | -€866 | €2,159 | €0 | -€912 | - |
| Change in cash | - | -€31,362 | €773 | €1,845 | -€2,640 | ▼ 243% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 123 days late
2022
31-12
Financial
Highest result since 2018net €5,440 ▲568%
Operating result €6,967, net result €5,440, both a record.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Back to profitnet €814
Net result €814 after 3 loss-making years.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Verviers · 1 establishment unit since 2017
Ground area
1,503 m²
Building footprint
165 m²
Volume, LiDAR
715 m³
2 parcels, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Coloster 31, 4650 Herve
since 20172.267.419.738
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0396/00E000 | Wallonia | 1,259 m² | 1 · 111 m² | 7.4 m · 2 fl. |
| 63059B0009/00X002 | Wallonia | 244 m² | 1 · 55 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.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43120Site preparation
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.