F&F Construct Team
ActiveThe computed 12-month bankruptcy probability of F&F Construct Team is 5.4% (elevated). For F&F Construct Team, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €14k and a net result of €6k. Equity is growing by ~75.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 759 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability71▼-6
Solvency68▼-22
Growth85=
Track record100
Bankruptcy probability, 12 months
5.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2023Solvency, return and age of the figures
Solvency
43.4%
Return on assets
18.6%
Age of the figures
37 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-08-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-08-2024 close31-03-2025 deadline18-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2023 was due by 31-03-2024 and was filed on 11-03-2024, 20 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
20 d early
2022
18 d early
2021
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2023, full schema
Turnover
€447k▲ 63.1%
2022 · €274k
2021: €183k
2022: €274k
2021 → 2023
EBIT margin
2.1%▼ 0.9pp
2022 · 3.0%
2021: 1.8%
2022: 3.0%
2021 → 2023
Net result
€6k▼ 0.6%
2022 · €6k
2021: €2k
2022: €6k
2021 → 2023
Working capital
€10k▲ 44.9%
2022 · €7k
2021: €2k
2022: €7k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€183k-€274k▲ 49.8%€447k▲ 63.1%
Equity€2k-€8k▲ 310%€14k▲ 75.2%
Operating result€3k-€8k▲ 150%€9k▲ 13.4%
Net result€2k-€6k▲ 313%€6k▼ 0.6%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2023 is 13% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €33k
Fixed assets
€4k▲ 277%
Current assets
€29k▲ 151%
Equity and liabilities €33k
Equity
€14k▲ 75.2%
Debt
€19k▲ 323%
The debt ratio rises from 35.1% to 56.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▲
2022 · €8k
Cash flow
€7k▲
2022 · €6k
Solvency
43.4%▼
2022 · 64.9%
Current ratio
1.55▼
2022 · 2.61
Quick ratio
1.55▼
2022 · 2.61
Debt / equity
1.30▲
2022 · 0.54
ROE
42.9%▼
2022 · 75.6%
ROA
18.6%▼
2022 · 49.1%
Interest coverage
11.61▼
2022 · 57.70
Debt
€19k▲
2022 · €4k
Debt ≤ 1 year
€19k▲
2022 · €4k
Income taxes
€2k▲
2022 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€13k€33k▲
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€1k€4k▲
Plant, machinery and equipment23€1k€4k▲
Current assets29/58€12k€29k▲
Amounts receivable within one year40/41€9k€27k▲
Trade receivables40€7k€25k▲
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€13k€33k▲
Equity10/15€8k€14k▲
Contributions10/11€500€500=
Profit (loss) carried forward14€8k€14k▲
Amounts payable17/49€4k€19k▲
Amounts payable within one year42/48€4k€19k▲
Trade debts44€2k€12k▲
Suppliers440/4€2k€12k▲
Taxes, remuneration and social security45€3k€7k▲
Taxes450/3€2k€2k▼
Remuneration and social security454/9€427€5k▲
Income statement
Code20222023
Turnover70€274k€447k▲
Goods, raw materials, services and sundry goods60/61€266k€437k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18€665▲
Other operating charges640/8€269€408▲
Gross operating margin9900€8k€10k▲
Operating profit (loss)9901€8k€9k▲
Financial charges65/66B€141€848▲
Recurring financial charges65€141€848▲
Profit (loss) for the period before taxes9903€8k€8k▲
Transfer from deferred taxes780€20-
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€6k€6k▼
Profit (loss) for the period to be appropriated9905€6k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€14k▲
Profit (loss) brought forward from the previous period14P€2k€8k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
13-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-08
Financial
Highest result since 2021net €6k ▲313%
Net result €6k, the highest in the series.
10-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal de Ceunincklaan 131020 BrusselGround area
134 m²
Building footprint
75 m²
Volume, LiDAR
813 m³
Parcel 21818A0003/00R046, Brussels · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
F&F Construct Team
since 20202.307.201.022
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21818A0003/00R046 | Brussels | 134 m² | 1 · 75 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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VAN LEEUWE CONSTRUCT
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BE 0771.444.661
Nivelles · Eq €14k
RENOVATION SOLUTIONS & TECHNOLOGIES
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PODSTYLE
BE 0780.967.586
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A.I.D. Outdoor
BE 0633.693.773
Genk · Eq €15k
Of 3,988 companies in sector 25110 we hold annual accounts for 2,148. 932 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-2020
Fiscal year end31-08
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
43120Site preparation
43130Specialised construction activities
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.