F.T. CONSTRUCT
ActiveF.T. CONSTRUCT has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €18k and a net result of €-9k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 14% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
39
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability30▼-11
Solvency29▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.51 against 1.04 in 2023; short-term debt: 36.5% and cash: 0.7% of total assets), and 96.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
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 2024Solvency, return and age of the figures
Solvency
3.7%
Return on assets
-1.8%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-10-2025, 79 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
79 d late
2023
60 d late
2022
23 d late
2021
29 d late
2020
95 d late
2019
32 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€18k▼ 33.3%
2023 · €27k
2019: €-310
2020: €11k
2021: €17k
2022: €27k
2023: €27k
2019 → 2024
Total assets
€486k▲ 189%
2023 · €168k
2019: €191k
2020: €196k
2021: €174k
2022: €185k
2023: €168k
2019 → 2024
Net result
€-9k
2023 · €161
2019: €-38k
2020: €11k
2021: €6k
2022: €9k
2023: €161
2019 → 2024
Working capital
€-87k
2023 · €5k
2019: €-10k
2020: €5k
2021: €-5k
2022: €2k
2023: €5k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€17k▲ 56.4%€27k▲ 54.5%€27k▲ 0.6%€18k▼ 33.3%
Operating result€16k-€9k▼ 40.6%€14k▲ 47.9%€6k▼ 54.8%€10k▲ 55.4%
Net result€11k-€6k▼ 45.2%€9k▲ 51.2%€161▼ 98.3%€-9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 55% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €486k
Fixed assets
€396k▲ 1,085%
Current assets
€90k▼ 33.2%
Equity and liabilities €486k
Equity
€18k▼ 33.3%
Debt
€468k▲ 231%
The debt ratio rises from 84.0% to 96.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€30k▲
2023 · €16k
Cash flow
€11k▲
2023 · €10k
Solvency
3.7%▼
2023 · 16.0%
Current ratio
0.51▼
2023 · 1.04
Quick ratio
0.49▼
2023 · 1.01
Debt / equity
26.12▲
2023 · 5.26
ROE
-49.8%▼
2023 · 0.6%
ROA
-1.8%▼
2023 · 0.1%
Interest coverage
1.63▼
2023 · 2.62
Debt
€468k▲
2023 · €141k
Debt ≤ 1 year
€177k▲
2023 · €129k
Debt > 1 year
€291k▲
2023 · €12k
Income taxes
€385
Staff costs
€176k▼
2023 · €248k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€168k€486k▲
Fixed assets21/28€33k€396k▲
Tangible fixed assets22/27€20k€296k▲
Land and buildings22-€286k
Plant, machinery and equipment23€5k€2k▼
Leasing and similar rights25€16k€8k▼
Financial fixed assets28€13k€100k▲
Current assets29/58€135k€90k▼
Stocks and contracts in progress3€4k€4k=
Stocks30/36€4k€4k=
Amounts receivable within one year40/41€82k€76k▼
Trade receivables40€66k€65k▼
Other amounts receivable41€15k€11k▼
Cash at bank and in hand54/58€42k€3k▼
Deferred charges and accrued income490/1€7k€7k=
Equity and liabilities
Total equity and liabilities10/49€168k€486k▲
Equity10/15€27k€18k▼
Contributions10/11€19k€19k=
Reserves13€60€60=
Non-distributable reserves130/1€60€60=
Reserves not available under the articles1311€60€60=
Profit (loss) carried forward14€8k€-744▼
Amounts payable17/49€141k€468k▲
Amounts payable after more than one year17€12k€291k▲
Financial debts170/4€12k€291k▲
Amounts payable within one year42/48€129k€177k▲
Current portion of amounts payable after more than one year42€5k€22k▲
Financial debts43€36k€46k▲
Other loans439€36k€46k▲
Trade debts44€61k€70k▲
Suppliers440/4€61k€70k▲
Taxes, remuneration and social security45€18k€5k▼
Taxes450/3€3k€385▼
Remuneration and social security454/9€15k€4k▼
Other amounts payable47/48€9k€35k▲
Income statement
Code20232024
Remuneration, social security and pensions62€248k€176k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€20k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-8k-
Other operating charges640/8€15k€2k▼
Gross operating margin9900€270k€207k▼
Operating profit (loss)9901€6k€10k▲
Financial income75/76B€29-
Recurring financial income75€29-
Financial charges65/66B€6k€18k▲
Recurring financial charges65€6k€18k▲
Profit (loss) for the period before taxes9903€161€-9k▼
Income taxes67/77-€385
Profit (loss) for the period9904€161€-9k▼
Profit (loss) for the period to be appropriated9905€161€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-744▼
Profit (loss) brought forward from the previous period14P€8k€8k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 79 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Villers-le-Bouillet · 1 establishment unit since 2016
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.
Rue Trou du Bois 84530 Villers-le-BouilletGround area
1,200 m²
Building footprint
94 m²
Volume, LiDAR
460 m³
Parcel 61068B0842/00N000, Wallonia · tallest building 5.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F.T. CONSTRUCT
since 20162.252.622.387
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61068B0842/00N000 | Wallonia | 1,200 m² | 1 · 94 m² | 5.9 m · 2 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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BUSHI CONSTRUCT
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LM GROUP
BE 1008.807.720
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SAVOCHIM
BE 0564.860.890
Seraing · Eq €18k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 11,247 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43995Specialised construction activities
41003General construction of other non-residential buildings
43110Demolition
43230Insulation installation
43291Specialised construction activities
43350Other building finishing work
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.