F-Constructions
ActiveSummary
F-Constructions has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,669 and a net result of -€7,879. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 28% of 2020 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-53
Solvency51▼-9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.17 against 1.33 in 2024; short-term debt: 73.8% and cash: 3.9% of total assets), and 73.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
26.1%
Return on assets
-17.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
15 d early
2024
15 d early
2023
12 d early
2022
28 d late
2021
26 d early
2020
17 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed 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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€11,669▼ 40.3%
2024 · €19,548
Total assets
€44,781▼ 18.8%
2024 · €55,179
Net result
-€7,879
2024 · €4,558
Working capital
€5,611▼ 51.1%
2024 · €11,483
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
Line20212022202320242025
Operating result€6,329€9,089▲ 43.6%€17,600▲ 93.6%€10,359▼ 41.1%-€3,761
Net result€3,461€6,246▲ 80.5%€13,264▲ 112%€4,558▼ 65.6%-€7,879
Equity€838€7,084▲ 745%€7,148▲ 0.9%€19,548▲ 173%€11,669▼ 40.3%
Total assets€33,326▼ 22.4%€35,291▲ 5.9%€42,270▲ 19.8%€55,179▲ 30.5%€44,781▼ 18.8%
Debt€32,488▼ 28.7%€28,207▼ 13.2%€35,122▲ 24.5%€35,631▲ 1.5%€33,112▼ 7.1%
Working capital-€1,974▲ 18.9%€3,269€3,576▲ 9.4%€11,483▲ 221%€5,611▼ 51.1%
Staff (FTE)0000
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €3,761 after €10,359 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €44,781
Fixed assets
€6,143 ▼ 26.7%
Current assets
€38,638 ▼ 17.4%
Equity and liabilities €44,781
Equity
€11,669 ▼ 40.3%
Debt
€33,112 ▼ 7.1%
Debt's share of the balance-sheet total rises from 64.6% to 73.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1,524▼
2024 · €11,709
Cash flow
-€5,641▼
2024 · €5,908
Current ratio
1.17▼
2024 · 1.33
Debt to equity
2.84▲
2024 · 1.82
ROE
-67.5%▼
2024 · 23.3%
ROA
-17.6%▼
2024 · 8.3%
Interest coverage
-0.26▼
2024 · 2.86
Debt ≤ 1 year
€33,027▼
2024 · €35,316
Income taxes
€227▼
2024 · €2,828
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €4,959 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,538 | €6,882 | €1,623 | €1,350 | €2,238 | ▲ 65.8% |
| Other operating charges640/8 | €905 | €931 | €1,282 | €1,182 | €930 | ▼ 21.3% |
| Non-recurring operating charges66A | €360 | €124 | €807 | €1,011 | €553 | ▼ 45.3% |
| Gross operating margin9900 | €20,131 | €17,026 | €21,312 | €13,902 | -€41 | ▼ 100% |
| Operating profit (loss)9901 | €6,329 | €9,089 | €17,600 | €10,359 | -€3,761 | ▼ 136% |
| Financial income75/76B | €5 | €281 | €425 | €1,119 | €1,939 | ▲ 73.2% |
| Recurring financial income75 | €5 | €281 | €425 | €1,119 | €1,939 | ▲ 73.2% |
| Financial charges65/66B | €1,009 | €335 | €131 | €4,093 | €5,829 | ▲ 42.4% |
| Recurring financial charges65 | €1,009 | €335 | €131 | €4,093 | €5,829 | ▲ 42.4% |
| Profit (loss) for the period before taxes9903 | €5,325 | €9,035 | €17,894 | €7,386 | -€7,652 | ▼ 204% |
| Income taxes67/77 | €1,864 | €2,789 | €4,631 | €2,828 | €227 | ▼ 92.0% |
| Profit (loss) for the period9904 | €3,461 | €6,246 | €13,264 | €4,558 | -€7,879 | ▼ 273% |
| Profit (loss) for the period to be appropriated9905 | €3,461 | €6,246 | €13,264 | €4,558 | -€7,879 | ▼ 273% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,326 | €35,291 | €42,270 | €55,179 | €44,781 | ▼ 18.8% |
| Fixed assets21/28 | €9,012 | €3,815 | €3,595 | €8,381 | €6,143 | ▼ 26.7% |
| Tangible fixed assets22/27 | €9,012 | €3,815 | €3,595 | €8,381 | €6,143 | ▼ 26.7% |
| Plant, machinery and equipment23 | €629 | €481 | €1,226 | €894 | €599 | ▼ 33.0% |
| Furniture and vehicles24 | €8,383 | €3,334 | €2,369 | €7,487 | €5,544 | ▼ 26.0% |
| Current assets29/58 | €24,314 | €31,476 | €38,674 | €46,798 | €38,638 | ▼ 17.4% |
| Amounts receivable after more than one year29 | €10,000 | €10,000 | €10,000 | €0 | - | - |
| Other amounts receivable291 | €10,000 | €10,000 | €10,000 | €0 | - | - |
| Amounts receivable within one year40/41 | €5,380 | €16,891 | €19,605 | €39,948 | €33,116 | ▼ 17.1% |
| Trade receivables40 | €5,244 | €12,524 | €13,414 | €4,226 | €3,494 | ▼ 17.3% |
| Other amounts receivable41 | €136 | €4,368 | €6,191 | €35,722 | €29,622 | ▼ 17.1% |
| Cash at bank and in hand54/58 | €6,906 | €2,396 | €6,520 | €3,112 | €1,747 | ▼ 43.9% |
| Deferred charges and accrued income490/1 | €2,027 | €2,188 | €2,549 | €3,739 | €3,776 | ▲ 1.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,326 | €35,291 | €42,270 | €55,179 | €44,781 | ▼ 18.8% |
| Equity10/15 | €838 | €7,084 | €7,148 | €19,548 | €11,669 | ▼ 40.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €18,600 | €18,600 | = |
| Reserves13 | - | €884 | €948 | €948 | €0 | ▼ 100% |
| Distributable reserves133 | - | €884 | €948 | €948 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | -€5,362 | €0 | €0 | €0 | -€6,931 | - |
| Amounts payable17/49 | €32,488 | €28,207 | €35,122 | €35,631 | €33,112 | ▼ 7.1% |
| Amounts payable after more than one year17 | €6,200 | €0 | - | - | - | - |
| Financial debts170/4 | €6,200 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €26,288 | €28,207 | €35,098 | €35,316 | €33,027 | ▼ 6.5% |
| Current portion of amounts payable after more than one year42 | €13,572 | €6,200 | €0 | - | - | - |
| Trade debts44 | €2,673 | €3,687 | €4,154 | €8,874 | €6,697 | ▼ 24.5% |
| Suppliers440/4 | €2,673 | €3,687 | €4,154 | €8,874 | €6,697 | ▼ 24.5% |
| Advances received on contracts in progress46 | €700 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €7,791 | €18,320 | €16,601 | €10,991 | €9,064 | ▼ 17.5% |
| Taxes450/3 | €5,891 | €11,428 | €12,965 | €5,867 | €2,452 | ▼ 58.2% |
| Remuneration and social security454/9 | €1,900 | €6,892 | €3,636 | €5,124 | €6,612 | ▲ 29.0% |
| Other amounts payable47/48 | €1,552 | €0 | €14,343 | €15,450 | €17,266 | ▲ 11.8% |
| Accrued charges and deferred income492/3 | - | - | €24 | €316 | €85 | ▼ 73.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,461 | €6,246 | €13,264 | €4,558 | -€7,879 | ▼ 273% |
| + Depreciation and write-downs630 | €12,538 | €6,882 | €1,623 | €1,350 | €2,238 | ▲ 65.8% |
| Operating cash flow (approximation) | €15,998 | €13,128 | €14,887 | €5,908 | -€5,641 | ▼ 195% |
| Investment in fixed assets (approximation) | - | -€1,686 | -€1,403 | -€6,135 | €0 | ▲ 100% |
| Change in cash | - | -€4,510 | €4,124 | -€3,408 | -€1,365 | ▲ 60.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet -€7,879
Net result drops to -€7,879, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €13,264 ▲112%
Operating result €17,600, net result €13,264, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3,461
Net result €3,461 after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €366
Net result €366 after one loss-making year.
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Wevelgem · 1 establishment unit since 2017
Ground area
396 m²
Building footprint
105 m²
Volume, LiDAR
7 m³
Parcel 34012C0750/00A000, Flanders · tallest building 3.6 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
F-Constructions
since 20172.264.216.461
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0750/00A000 | Flanders | 396 m² | 1 · 105 m² | 3.6 m |
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.
Similar companies · same sector, comparable size
CAMPO ARCHITECTEN
BE 0787.386.018
Hasselt · Eq €11,651
OCTO ARCHITECTUUR
BE 0797.850.041
Lier · Eq €11,644
Ouvrages d'architecture
BE 0762.705.555
Elsene · Eq €11,636
ADVICON SERVICES
BE 0778.347.596
Antwerpen · Eq €11,633
LINK ARCHITECTURE
BE 0666.992.685
Nivelles · Eq €11,628
Of 18,252 companies in sector 71111 we hold annual accounts for 6,320. 3,688 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
Founded05-05-2017
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
43350Other building finishing work
63920Other information service activities
70200Business and other management consultancy
Contact
E-mail
floriancottyn@hotmail.com
Phone
0475 38 77 19
Scores and ratios are computed by Checked and are not a credit decision.