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F&G Construction

Active
Private limited companyfounded 20242 yrs activeKrijgsbaan 25, 2110 Wijnegem, BelgiumKBO/BCE: BE 1011.846.986
Summary

The computed 12-month bankruptcy probability of F&G Construction is 2.8% (moderate). The 2024 annual accounts show equity of €18,257 and a net result of €18,157. Its solvency ranks better than 55% of 5899 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency72
Growth-
Track record67
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.88; short-term debt: 53.1% and cash: 49.7% of total assets), but 53.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more 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 2024
Solvency, return and age of the figures
Solvency
46.9%
Return on assets
46.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 1 filing
Deviation from the deadline
2024
46 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 46 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% 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 23 July 2024, F&G Construction was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€18,257
Total assets
€38,940
Net result
€18,157
Working capital
€18,257

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €38,940
Equity €18,257
Debt €20,683
Debt finances 53.1% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.88
Debt to equity
1.13
ROE
99.5%
ROA
46.6%
Debt ≤ 1 year
€20,683
Income taxes
€4,669

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 · 2024 · 25 lines
Balance sheet Code2024
Assets
Total assets20/58€38,940
Current assets29/58€38,940
Amounts receivable within one year40/41€19,599
Trade receivables40€6,008
Other amounts receivable41€13,592
Cash at bank and in hand54/58€19,341
Equity and liabilities
Total equity and liabilities10/49€38,940
Equity10/15€18,257
Contributions10/11€100
Profit (loss) carried forward14€18,157
Amounts payable17/49€20,683
Amounts payable within one year42/48€20,683
Trade debts44€7,618
Suppliers440/4€7,618
Taxes, remuneration and social security45€13,065
Taxes450/3€13,065
Income statement Code2024
Gross operating margin9900€22,860
Operating profit (loss)9901€22,860
Financial charges65/66B€34
Recurring financial charges65€34
Profit (loss) for the period before taxes9903€22,826
Income taxes67/77€4,669
Profit (loss) for the period9904€18,157
Profit (loss) for the period to be appropriated9905€18,157
Appropriation of the result
Profit (loss) to be appropriated9906€18,157

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

Line2024
Gross operating margin9900€22,860
Operating profit (loss)9901€22,860
Financial charges65/66B€34
Recurring financial charges65€34
Profit (loss) for the period before taxes9903€22,826
Income taxes67/77€4,669
Profit (loss) for the period9904€18,157
Profit (loss) for the period to be appropriated9905€18,157
Line2024
Assets
Total assets20/58€38,940
Current assets29/58€38,940
Amounts receivable within one year40/41€19,599
Trade receivables40€6,008
Other amounts receivable41€13,592
Cash at bank and in hand54/58€19,341
Equity and liabilities
Total equity and liabilities10/49€38,940
Equity10/15€18,257
Contributions10/11€100
Profit (loss) carried forward14€18,157
Amounts payable17/49€20,683
Amounts payable within one year42/48€20,683
Trade debts44€7,618
Suppliers440/4€7,618
Taxes, remuneration and social security45€13,065
Taxes450/3€13,065
Line2024
Profit (loss) for the period9904€18,157
Operating cash flow (approximation)€18,157

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
15-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Wijnegem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
236 m²
Building footprint
73 m²
Volume, LiDAR
398 m³
Parcel 11050B0046/00E004, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
F&G Construction
Krijgsbaan 25c, 2110 WijnegemSpecialised construction activities
since 20242.362.488.844
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11050B0046/00E004 Flanders 236 m² 1 · 73 m² 7.0 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.

Similar companies · same sector, comparable size

Of 6,995 companies in sector 81220 we hold annual accounts for 2,414. 1,756 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
Founded23-07-2024
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43350Other building finishing work
43421Specialised construction activities
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:1011846986
Also 9925:BE1011846986
Registered 09-01-2026

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

Register as of 28 September 2026 · Peppol Directory

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