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FA

Active
Private limited companyfounded 2015active for 11 yearsChemin du Vieux Port(WP) 20, 5100 Namur, BelgiumKBO/BCE: BE 0629.894.838
Summary

The computed 12-month bankruptcy probability of FA is 2.1% (moderate). The 2025 annual accounts show negative equity (-€108,244) and a net result of €4,051. Equity has been stable since 2018 (±0.2% per year). Its solvency ranks better than 9% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 08-05-2015 Normal situation
Activity
General construction of residential buildings NACE 41001
Financial year end
31 December
Peppol
Reachable since 13-12-2025

Board and ownership

Board
Shareholders
  • Shaowu ZHOUannual accounts 2025
  • Zhi Hong LIUannual accounts 2025

Financial position

52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts 2025
Gross margin
€64,072
▲ 94.3%
Turnover
≈ €260,000
estimated
Profit
€4,051
Equity
-€108,244
▲ 3.6%
Total assets
€1.4m
▼ 5.1%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 27 days after the deadline
Filed on 27-08-2026
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)Negative equity -€108,244Last filed accounts filed 27 days late; 1 of the last 3 accounts latelowers riskSize: total assets €1.4mShow the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 18=
equity -7.5% of total assets
Liquidity 37+6
short-term debt 40.0% · cash 4.2%
Profitability 49+22
return on assets 0.3%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,452 companies, NACE 41, micro)
Last 24 months 12-2024: 4.9% 01-2025: 4.9%● unchanged vs 12-2024 02-2025: 3.1%▼ -1.8 percentage points vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.2%▲ +0.1 percentage points vs 04-2025 06-2025: 3.3%▲ +0.1 percentage points vs 05-2025 07-2025: 3.5%▲ +0.2 percentage points vs 06-2025 08-2025: 4.2%▲ +0.7 percentage points vs 07-2025 09-2025: 4.6%▲ +0.4 percentage points vs 08-2025 10-2025: 4.6%● unchanged vs 09-2025 11-2025: 4.0%▼ -0.6 percentage points vs 10-2025 12-2025: 4.0%● unchanged vs 11-2025 01-2026: 4.0%● unchanged vs 12-2025 02-2026: 4.1%▲ +0.1 percentage points vs 01-2026 03-2026: 4.1%● unchanged vs 02-2026 04-2026: 4.1%● unchanged vs 03-2026 05-2026: 4.2%▲ +0.1 percentage points vs 04-2026 06-2026: 4.0%▼ -0.2 percentage points vs 05-2026 07-2026: 4.0%● unchanged vs 06-2026 08-2026: 5.1%▲ +1.1 percentage points vs 07-2026highest value 09-2026: 2.1%▼ -3.0 percentage points vs 08-2026lowest value 10-2026: 2.1%● unchanged vs 09-2026lowest value 11-2026: 2.1%● unchanged vs 10-2026lowest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.59 (0.63 in 2024), below 1. Short-term debt is 40% and cash 4.2% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 9% of them on solvency, 32% on liquidity, 28% on profitability and 44% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€108,244
NBB · annual accounts
raises risk · Last filed accounts filed 27 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2790 sector peers (2025).
NBB · sector comparison
Position among 2790 sector peers
Solvency
better than 9%
← weakest strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
27 days late
2024
17 days late
2023
31 days late
2022
30 days late
2021
107 days late
2020
123 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€108,244 View
  • Caution: Less equity than 95% of companies in construction of buildingssector median €196,396 · 2,790 companies -€108,244 View

Recent changes

  1. · Gazette deed Miscellaneous
  2. · Gazette deed Change of role: ZHOU Shaowu, from manager to director
  3. · Gazette deed Registered office moved within Wépion
All 17 events

Comparable companies

These companies have the same main activity as FA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1.1m and €1.8m, founded between 2013 and 2017.

CompanyTotal assetsGross margin
FA Namur€1.4m€0.06m
VERNACO IMMO Ninove€1.7m€0.06m
METAL HABITAT CONCEPT Beauraing€1.3m€0.08m
MVW CONSULT Zwevegem€1.1m€0.07m
T.L.N.S Construct Erquelinnes€1.8m€0.07m
GK DECOR Waterloo€1.6m€0.05m
B&R - Bouw Realisaties Menen€1.2m€0.08m
Full comparison

Key facts about FA

What is the company number of FA?
The company number of FA is 0629.894.838. The VAT number is the same number with BE in front: BE 0629.894.838.
Where is FA based?
The registered office is at Chemin du Vieux Port(WP) 20, 5100 Namur.Company details
What does FA do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of FA?
The legal form of FA is Private limited company (BV).
When was FA founded?
FA was founded on 08-05-2015.
Is FA still active?
Yes, FA is an active enterprise in the KBO register.
What is the turnover of FA?
The turnover in financial year 2025 is ≈ €260,000. This figure is estimated from the gross margin of €64,072 and 41 comparable companies (NACE 41001). It probably lies between €180,000 and €380,000.Financials
Is FA profitable?
In financial year 2025, FA made a profit of €4,051.
Where can I find the annual accounts of FA?
FA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of FA due?
FA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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