F.S. CONSTRUCT
ActiveF.S. CONSTRUCT has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72k and a net result of €275. Equity is growing by ~10.1% per year across the filed fiscal years. Its solvency ranks better than 81% of 7376 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-16
Solvency98▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.76 against 3.34 in 2024; short-term debt: 26.6% and cash: 0% of total assets), and 26.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.4%
Return on assets
0.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
59 d late
2023
31 d late
2022
143 d late
2021
75 d late
2020
17 d early
2019
145 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€151k
EBIT margin
-1.1%
Net result
€275▼ 95.8%
2024 · €7k
2019: €13k
2020: €4k
2021: €-8k
2022: €35k
2023: €-3k
2024: €7k
2019 → 2025
Working capital
€72k▲ 0.4%
2024 · €72k
2019: €45k
2020: €45k
2021: €34k
2022: €68k
2023: €65k
2024: €72k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€151k-
Equity€34k-€69k▲ 102%€65k▼ 5.1%€72k▲ 10.1%€72k▲ 0.4%
Operating result€-2k-€33k€-5k€24k€-2k
Net result€-8k-€35k€-3k€7k€275▼ 95.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €98k
Equity
€72k▲ 0.4%
Debt
€26k▼ 14.7%
The debt ratio falls from 29.9% to 26.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
73.4%▲
2024 · 70.1%
Current ratio
3.76▲
2024 · 3.34
Quick ratio
3.76▲
2024 · 3.34
Debt / equity
0.36▼
2024 · 0.43
ROE
0.4%▼
2024 · 9.2%
ROA
0.3%▼
2024 · 6.4%
Debt
€26k▼
2024 · €31k
Debt ≤ 1 year
€26k▼
2024 · €31k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€103k€98k▼
Current assets29/58€103k€98k▼
Amounts receivable within one year40/41€103k€98k▼
Trade receivables40€40k€35k▼
Other amounts receivable41€63k€63k▲
Cash at bank and in hand54/58€10€9▼
Deferred charges and accrued income490/1€13-
Equity and liabilities
Total equity and liabilities10/49€103k€98k▼
Equity10/15€72k€72k▲
Contributions10/11€100€100=
Reserves13€11k€11k=
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Profit (loss) carried forward14€61k€61k▲
Amounts payable17/49€31k€26k▼
Amounts payable within one year42/48€31k€26k▼
Financial debts43€3k€5k▲
Credit institutions430/8€3k€5k▲
Trade debts44€25k€21k▼
Suppliers440/4€25k€21k▼
Taxes, remuneration and social security45€3k-
Remuneration and social security454/9€3k-
Income statement
Code20242025
Other operating charges640/8€617€547▼
Gross operating margin9900€24k€-2k▼
Operating profit (loss)9901€24k€-2k▼
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€917€1k▲
Recurring financial charges65€917€1k▲
Profit (loss) for the period before taxes9903€27k€275▼
Income taxes67/77€20k-
Profit (loss) for the period9904€7k€275▼
Profit (loss) for the period to be appropriated9905€7k€275▼
Appropriation of the result
Profit (loss) to be appropriated9906€61k€61k▲
Profit (loss) brought forward from the previous period14P€54k€61k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
28-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 59 days late
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 143 days late
2022
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 75 days late
2021
31-12
Financial
Weakest financial yearnet €-8k ▼287%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity quadruplescurrent ratio 14.32
Current ratio from 3.21 to 14.32; short-term debt falls from €21k to €3k.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 13 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
21-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Pieters-Woluwe · 1 establishment unit since 2012
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.
Atlantische Oceaanlaan 1041150 Sint-Pieters-WoluweGround area
793 m²
Building footprint
276 m²
Volume, LiDAR
2,489 m³
2 parcels, Brussels · tallest building 18.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
F.S. CONSTRUCT
since 20122.291.198.693
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0050/00S007 | Brussels | 544 m² | 1 · 88 m² | 14.1 m · 4 fl. |
| 21007A0063/00D008 | Brussels | 249 m² | 1 · 188 m² | 18.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
A & G RENOV
BE 0651.583.345
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Y.N.S/BOUW
BE 0751.765.638
Evere · Eq €72k
DIMENS Partners
BE 0800.292.065
Antwerpen · Eq €72k
BG BUILDING
BE 0762.901.931
Maasmechelen · Eq €72k
BRIC & BOIS
BE 0642.771.092
Brussel · Eq €72k
Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 13,231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-09-2012
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0483/0622258