FACILITY CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FACILITY CONSTRUCT is 2.8% (moderate). The 2025 annual accounts show equity of €58,591 and a net result of €27,675. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 7900 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-9
Solvency37▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 0.93 in 2024; short-term debt: 87.2% and cash: 2.1% of total assets), and 88.1% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
11.9%
Return on assets
5.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7900 sector peers (2025).
NBB · sector comparisonPosition among 7900 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
on the day
2023
20 d late
2022
38 d early
2021
31 d late
2020
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
€58,591▲ 89.5%
2024 · €30,917
Total assets
€494,091▲ 44.2%
2024 · €342,656
Net result
€27,675▼ 37.0%
2024 · €43,959
Working capital
€40,375
2024 · -€21,284
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€5,490▼ 127%-€2,506▲ 54.4%-€3,868▼ 54.3%€57,602€57,284▼ 0.6%
Net result-€6,209below the sector's middle half▼ 157%-€2,984below the sector's middle half▲ 51.9%-€4,429below the sector's middle half▼ 48.4%€43,959above the sector's middle half€27,675within the sector's middle half▼ 37.0%
Equity-€5,629below the sector's middle half-€8,613below the sector's middle half▼ 53.0%-€13,042below the sector's middle half▼ 51.4%€30,917within the sector's middle half€58,591below the sector's middle half▲ 89.5%
Total assets€2,136below the sector's middle half▼ 81.1%€364below the sector's middle half▼ 83.0%€440below the sector's middle half▲ 20.9%€342,656above the sector's middle half▲ 77,806%€494,091within the sector's middle half▲ 44.2%
Debt€7,765▼ 27.7%€8,977▲ 15.6%€13,482▲ 50.2%€311,740▲ 2,212%€435,499▲ 39.7%
Working capital-€5,629-€8,613▼ 53.0%-€13,042▼ 51.4%-€21,284▼ 63.2%€40,375
Solvency9.0%below the sector's middle half11.9%below the sector's middle half▲ 2.8pp
Staff (FTE)3.68.9within the sector's middle half▲ 147%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2025 Staff (FTE) +147% on 2024. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €494,091
Fixed assets
€22,936 ▼ 56.1%
Current assets
€471,155 ▲ 62.2%
Equity and liabilities €494,091
Equity
€58,591 ▲ 89.5%
Debt
€435,499 ▲ 39.7%
Debt's share of the balance-sheet total falls from 91.0% to 88.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85,630▲
2024 · €68,686
Cash flow
€56,020▲
2024 · €55,043
Current ratio
1.09▲
2024 · 0.93
Quick ratio
0.23▼
2024 · 0.51
Debt to equity
7.43▼
2024 · 10.08
ROE
47.2%▼
2024 · 142.2%
ROA
5.6%▼
2024 · 12.8%
Interest coverage
6.29▼
2024 · 129.28
Debt ≤ 1 year
€430,780▲
2024 · €311,740
Income taxes
€16,135▲
2024 · €12,909
Staff costs
€394,034▲
2024 · €166,801
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 74% 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 6,703 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €2,999 | - |
| Remuneration, social security and pensions62 | - | - | - | €166,801 | €394,034 | ▲ 136% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €11,084 | €28,345 | ▲ 156% |
| Other operating charges640/8 | €1,893 | €359 | €387 | €50 | €6,463 | ▲ 12,826% |
| Non-recurring operating charges66A | - | - | - | - | €10,788 | - |
| Gross operating margin9900 | -€3,597 | -€2,147 | -€3,481 | €235,537 | €496,915 | ▲ 111% |
| Operating profit (loss)9901 | -€5,490 | -€2,506 | -€3,868 | €57,602 | €57,284 | ▼ 0.6% |
| Financial income75/76B | - | - | - | €141 | €140 | ▼ 0.6% |
| Recurring financial income75 | - | - | - | €141 | €140 | ▼ 0.6% |
| Financial charges65/66B | €719 | €478 | €562 | €876 | €13,615 | ▲ 1,455% |
| Recurring financial charges65 | €719 | €478 | €562 | €531 | €13,615 | ▲ 2,463% |
| Non-recurring financial charges66B | - | - | - | €344 | - | - |
| Profit (loss) for the period before taxes9903 | -€6,209 | -€2,984 | -€4,429 | €56,868 | €43,810 | ▼ 23.0% |
| Income taxes67/77 | - | - | - | €12,909 | €16,135 | ▲ 25.0% |
| Profit (loss) for the period9904 | -€6,209 | -€2,984 | -€4,429 | €43,959 | €27,675 | ▼ 37.0% |
| Profit (loss) for the period to be appropriated9905 | -€6,209 | -€2,984 | -€4,429 | €43,959 | €27,675 | ▼ 37.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,136 | €364 | €440 | €342,656 | €494,091 | ▲ 44.2% |
| Fixed assets21/28 | - | - | - | €52,201 | €22,936 | ▼ 56.1% |
| Tangible fixed assets22/27 | - | - | - | €51,838 | €22,573 | ▼ 56.5% |
| Land and buildings22 | - | - | - | €23,852 | - | - |
| Plant, machinery and equipment23 | - | - | - | €23,421 | €9,302 | ▼ 60.3% |
| Furniture and vehicles24 | - | - | - | €4,564 | €13,270 | ▲ 191% |
| Financial fixed assets28 | - | - | - | €363 | €363 | = |
| Current assets29/58 | €2,136 | €364 | €440 | €290,456 | €471,155 | ▲ 62.2% |
| Stocks and contracts in progress3 | - | - | - | €130,053 | €372,117 | ▲ 186% |
| Stocks30/36 | - | - | - | €130,053 | €372,117 | ▲ 186% |
| Amounts receivable within one year40/41 | €1,829 | €65 | €377 | €137,891 | €87,186 | ▼ 36.8% |
| Trade receivables40 | €1,750 | - | - | €137,891 | €86,589 | ▼ 37.2% |
| Other amounts receivable41 | €79 | €65 | €377 | - | €597 | - |
| Cash at bank and in hand54/58 | €307 | €299 | €63 | €19,325 | €10,134 | ▼ 47.6% |
| Deferred charges and accrued income490/1 | - | - | - | €3,187 | €1,718 | ▼ 46.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,136 | €364 | €440 | €342,656 | €494,091 | ▲ 44.2% |
| Equity10/15 | -€5,629 | -€8,613 | -€13,042 | €30,917 | €58,591 | ▲ 89.5% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | - | - | - | €27,917 | €27,917 | = |
| Distributable reserves133 | - | - | - | €27,917 | €27,917 | = |
| Profit (loss) carried forward14 | -€8,629 | -€11,613 | -€16,042 | - | €27,675 | - |
| Amounts payable17/49 | €7,765 | €8,977 | €13,482 | €311,740 | €435,499 | ▲ 39.7% |
| Amounts payable within one year42/48 | €7,765 | €8,977 | €13,482 | €311,740 | €430,780 | ▲ 38.2% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,005 | - | - |
| Trade debts44 | €2,309 | €832 | €5,170 | €129,261 | €189,702 | ▲ 46.8% |
| Suppliers440/4 | €2,309 | €832 | €5,170 | €129,261 | €189,702 | ▲ 46.8% |
| Taxes, remuneration and social security45 | - | €3 | €138 | €101,122 | €185,500 | ▲ 83.4% |
| Taxes450/3 | - | €3 | €138 | €52,781 | €90,260 | ▲ 71.0% |
| Remuneration and social security454/9 | - | - | - | €48,341 | €95,240 | ▲ 97.0% |
| Other amounts payable47/48 | €5,456 | €8,142 | €8,174 | €78,352 | €55,577 | ▼ 29.1% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4,720 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,209 | -€2,984 | -€4,429 | €43,959 | €27,675 | ▼ 37.0% |
| + Depreciation and write-downs630 | - | - | - | €11,084 | €28,345 | ▲ 156% |
| Operating cash flow (approximation) | -€6,209 | -€2,984 | -€4,429 | €55,043 | €56,020 | ▲ 1.8% |
| Investment in fixed assets (approximation) | - | - | - | - | €919 | - |
| Change in cash | - | -€8 | -€236 | €19,262 | -€9,191 | ▼ 148% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €43,959
Net result €43,959 after 4 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet -€6,209
Net result drops to -€6,209, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Charleroi · 2 establishment units since 2019
Ground area
6.8 ha
Building footprint
1.9 ha
Volume, LiDAR
31,190 m³
2 parcels, Wallonia · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Zoning de Jumet,4ème rue 33, 6040 Charleroi
since 20192.360.281.006
FACILITY CONSTRUCT
since 20242.363.311.463
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92313D0005/00E000 | Wallonia | 5.8 ha | 1 · 1.6 ha | - |
| 52034B1039/00Z004 | Wallonia | 9,994 m² | 1 · 3,265 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 7,516 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
Founded30-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43120Site preparation
43341Painting of buildings
43421Specialised construction activities
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0736917809
Registered
07-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.