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FAFEL CONSTRUCT

Active
Private limited companyfounded 2018active for 8 yearsBroekstraat 66, 1831 Machelen (Brab.), BelgiumKBO/BCE: BE 0689.921.903
Summary

FAFEL CONSTRUCT has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158,327 and a net result of €33,579. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 63% of 2,440 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Activity
Other specialised construction activities
NACE 43990General construction of residential buildings NACE 41001
1 site
Size
≈ €310,000turnover 2025, estimated
Staff
≈ 0.2 FTE, estimated
Equity
€158,327
Profit
€33,579
Turnover estimated from the gross margin
Financial health
66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Structure
2025 accounts filed 57 days late2 of 4 deeds summarised
Why 66raises riskLast filed accounts filed 57 days late; 1 of the last 3 lateSector: Specialised construction activities (NACE 43)Size: total assets €302,250lowers riskEquity €158,327 (52.4% of total assets)Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 54% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 77-17
equity 52.4% of total assets
Liquidity 33-15
short-term debt 47.6% · cash 5.3%
Profitability 83+1
return on assets 11.1%
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,663 companies, NACE 43, micro)
Last 24 months 11-2024: 7.2% 12-2024: 7.2%● unchanged vs 11-2024 01-2025: 7.1%▼ -0.1 percentage points vs 12-2024 02-2025: 7.1%● unchanged vs 01-2025 03-2025: 7.1%● unchanged vs 02-2025 04-2025: 7.4%▲ +0.3 percentage points vs 03-2025highest value 05-2025: 7.3%▼ -0.1 percentage points vs 04-2025 06-2025: 7.3%● unchanged vs 05-2025 07-2025: 7.3%● unchanged vs 06-2025 08-2025: 4.0%▼ -3.3 percentage points vs 07-2025 09-2025: 4.0%● unchanged vs 08-2025 10-2025: 3.8%▼ -0.2 percentage points vs 09-2025 11-2025: 1.1%▼ -2.7 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 0.7%▼ -0.4 percentage points vs 12-2025 02-2026: 0.7%● unchanged vs 01-2026 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026lowest value 08-2026: 1.0%▲ +0.3 percentage points vs 07-2026 09-2026: 1.4%▲ +0.4 percentage points vs 08-2026 10-2026: 1.2%▼ -0.2 percentage points vs 09-2026
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.06, compared with 3.09 in 2024, above the usual 1.5; short-term debt: 47.6% and cash: 5.3% of total assets), and 47.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 57% on solvency, 21% on liquidity, 65% on profitability and 73% on growth.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 57 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: total assets €302,250
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €158,327 (52.4% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 57 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-09-2026, 57 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 · 8 filings
Deviation from the deadline
2025
57 days late
2024
17 days early
2023
5 days late
2022
25 days early
2021
59 days late
2020
19 days late
2019
40 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 20 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 6 August (4 of the last 5 filed years within 51 days of that day).
Companies Code · seven months
Where today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Equity above €150,000equity €158,327 ▲26.9%
  3. Annual accounts filedfinancial year 2024 · full…

Financials · financial year 2025, full format

2025 annual accounts filed late (57 days) Filed on 26 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00527297.

Turnover
€890,904▲ 22.8%
2021 · €725,747
EBIT margin
1.2%▲ 0.8pp
2021 · 0.5%
Net result
€33,579▲ 73.4%
2024 · €19,364
Working capital
€153,077▲ 29.0%
2024 · €118,702
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 163% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€890,904 2022 Operating result€46,941 2025 Net result€33,579 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€705,610-€598,827▼ 15.1%€523,053▼ 12.7%€725,747▲ 38.8%€890,904▲ 22.8%
Operating result€71,355-€35,560▼ 50.2%€39,828▲ 12.0%€3,419▼ 91.4%€11,123▲ 225%-€17,098€17,867€46,941▲ 163%
Net result€50,355-€22,755▼ 54.8%€11,688within the sector's middle half▼ 48.6%€24,618within the sector's middle half▲ 111%€3,282within the sector's middle half▼ 86.7%-€17,313below the sector's middle half€19,364within the sector's middle half€33,579within the sector's middle half▲ 73.4%
EBIT margin10.1%-5.9%▼ 4.2pp7.6%▲ 1.7pp0.5%▼ 7.1pp1.2%▲ 0.8pp
Equity€68,955-€91,710▲ 33.0%€103,398within the sector's middle half▲ 12.7%€128,016within the sector's middle half▲ 23.8%€131,298within the sector's middle half▲ 2.6%€107,847within the sector's middle half▼ 17.9%€124,749within the sector's middle half▲ 15.7%€158,327within the sector's middle half▲ 26.9%
Total assets€179,021-€170,706▼ 4.6%€202,688within the sector's middle half▲ 18.7%€210,396within the sector's middle half▲ 3.8%€273,492within the sector's middle half▲ 30.0%€170,415below the sector's middle half▼ 37.7%€181,534below the sector's middle half▲ 6.5%€302,250below the sector's middle half▲ 66.5%
Debt€110,065-€78,996▼ 28.2%€99,290▲ 25.7%€82,380▼ 17.0%€142,194▲ 72.6%€62,568▼ 56.0%€56,785▼ 9.2%€143,923▲ 153%
Working capital€63,437-€82,702▲ 30.4%€91,380within the sector's middle half▲ 10.5%€99,079within the sector's middle half▲ 8.4%€114,220within the sector's middle half▲ 15.3%€99,696within the sector's middle half▼ 12.7%€118,702within the sector's middle half▲ 19.1%€153,077within the sector's middle half▲ 29.0%
Solvency38.5%-53.7%▲ 15.2pp51.0%within the sector's middle half▼ 2.7pp60.8%above the sector's middle half▲ 9.8pp48.0%within the sector's middle half▼ 12.8pp63.3%above the sector's middle half▲ 15.3pp68.7%above the sector's middle half▲ 5.4pp52.4%within the sector's middle half▼ 16.3pp
Current ratio1.58-2.05▲ 0.471.92within the sector's middle half▼ 0.132.20within the sector's middle half▲ 0.281.80within the sector's middle half▼ 0.402.59above the sector's middle half▲ 0.793.09above the sector's middle half▲ 0.502.06within the sector's middle half▼ 1.03
Return on assets (ROA)28.1%-13.3%▼ 14.8pp5.8%within the sector's middle half▼ 7.6pp11.7%within the sector's middle half▲ 5.9pp1.2%within the sector's middle half▼ 10.5pp-10.2%below the sector's middle half▼ 11.4pp10.7%within the sector's middle half▲ 20.8pp11.1%within the sector's middle half▲ 0.4pp
Staff (FTE)0.5-1.6▲ 220%1.7below the sector's middle half▲ 6.3%1.8below the sector's middle half
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302,250
Fixed assets €5,250 ▼ 13.2%
Current assets €297,000 ▲ 69.2%
Equity and liabilities €302,250
Equity €158,327 ▲ 26.9%
Debt €143,923 ▲ 153%
Debt's share of the balance-sheet total rises from 31.3% to 47.6%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47,738▲
2024 · €18,970
Cash flow
€34,376▲
2024 · €20,468
Debt to equity
0.91▲
2024 · 0.46
ROE
21.2%▲
2024 · 15.5%
Interest coverage
over 100▲
2024 · 32.52
Debt ≤ 1 year
€143,923▲
2024 · €56,785
Income taxes
€12,945▲
2024 · -€2,080
Staff costs
€8,054
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,972 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 26,972 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 · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€181,534€302,250▲
Fixed assets21/28€6,047€5,250▼
Tangible fixed assets22/27€797-
Furniture and vehicles24€797-
Financial fixed assets28€5,250€5,250=
Current assets29/58€175,487€297,000▲
Amounts receivable within one year40/41€159,525€280,857▲
Trade receivables40€149,813€268,718▲
Other amounts receivable41€9,713€12,138▲
Cash at bank and in hand54/58€15,961€16,144▲
Equity and liabilities
Total equity and liabilities10/49€181,534€302,250▲
Equity10/15€124,749€158,327▲
Contributions10/11€10,000€10,000=
Contributions outside capital11€10,000€10,000=
Other1109/19€10,000€10,000=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Other1319€1,860€1,860=
Profit (loss) carried forward14€112,889€146,467▲
Amounts payable17/49€56,785€143,923▲
Amounts payable within one year42/48€56,785€143,923▲
Current portion of amounts payable after more than one year42€4,414€2,531▼
Trade debts44€14,754€99,276▲
Suppliers440/4€14,754€99,276▲
Taxes, remuneration and social security45€1,175€5,500▲
Taxes450/3€1,175€5,500▲
Other amounts payable47/48€36,442€36,616▲
Income statement Code20242025
Remuneration, social security and pensions62-€8,054
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,104€797▼
Other operating charges640/8€174€144▼
Gross operating margin9900€19,144€55,936▲
Operating profit (loss)9901€17,867€46,941▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€583€418▼
Recurring financial charges65€583€418▼
Profit (loss) for the period before taxes9903€17,284€46,524▲
Income taxes67/77-€2,080€12,945▲
Profit (loss) for the period9904€19,364€33,579▲
Profit (loss) for the period to be appropriated9905€19,364€33,579▲
Appropriation of the result
Profit (loss) to be appropriated9906€112,889€146,467▲
Profit (loss) brought forward from the previous period14P€93,525€112,889▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€705,610€598,827€523,053€725,747€890,904----
Goods, raw materials, services and sundry goods60/61---€687,469€869,636----
Remuneration, social security and pensions62---€24,148€1,614€131-€8,054-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,964€4,291€4,558€11,860€10,593€10,926€1,104€797▼ 27.8%
Other operating charges640/8----€2,212€1,500€174€144▼ 17.3%
Non-recurring operating charges66A---€1,917-----
Gross operating margin9900€84,882€91,696€92,031€41,343€25,542-€4,540€19,144€55,936▲ 192%
Operating profit (loss)9901€71,355€35,560€39,828€3,419€11,123-€17,098€17,867€46,941▲ 163%
Financial income75/76B----€0€1€1€1▼ 30.0%
Recurring financial income75----€0€1€1€1▼ 30.0%
Financial charges65/66B---€655€442€818€583€418▼ 28.4%
Recurring financial charges65€0€170€340€655€442€818€583€418▼ 28.4%
Profit (loss) for the period before taxes9903€71,355€35,390€39,488€2,764€10,682-€17,915€17,284€46,524▲ 169%
Income taxes67/77€21,000€12,635€27,800-€21,854€7,400-€602-€2,080€12,945-
Profit (loss) for the period9904€50,355€22,755€11,688€24,618€3,282-€17,313€19,364€33,579▲ 73.4%
Profit (loss) for the period to be appropriated9905€50,355€22,755€11,688€24,618€3,282-€17,313€19,364€33,579▲ 73.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€179,021€170,706€202,688€210,396€273,492€170,415€181,534€302,250▲ 66.5%
Fixed assets21/28€5,518€9,008€12,018€28,937€17,077€8,151€6,047€5,250▼ 13.2%
Tangible fixed assets22/27€5,518€9,008€6,768€23,687€11,827€2,901€797--
Furniture and vehicles24---€23,687€11,827€2,901€797--
Financial fixed assets28--€5,250€5,250€5,250€5,250€5,250€5,250=
Current assets29/58€173,502€161,698€190,669€181,459€256,414€162,264€175,487€297,000▲ 69.2%
Amounts receivable within one year40/41€99,192€102,157€154,918€160,937€142,804€153,077€159,525€280,857▲ 76.1%
Trade receivables40---€133,277€111,470€135,232€149,813€268,718▲ 79.4%
Other amounts receivable41---€27,660€31,334€17,845€9,713€12,138▲ 25.0%
Cash at bank and in hand54/58€74,310€59,541€35,751€20,521€113,611€9,187€15,961€16,144▲ 1.1%
Equity and liabilities
Total equity and liabilities10/49€179,021€170,706€202,688€210,396€273,492€170,415€181,534€302,250▲ 66.5%
Equity10/15€68,955€91,710€103,398€128,016€131,298€107,847€124,749€158,327▲ 26.9%
Contributions10/11€18,600€18,600€18,600€18,600€18,600€12,462€10,000€10,000=
Capital10---€18,600€18,600----
Issued capital100---€18,600€18,600----
Contributions outside capital11-----€12,462€10,000€10,000=
Other1109/19-----€12,462€10,000€10,000=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860€1,860----
Other1319-----€1,860€1,860€1,860=
Profit (loss) carried forward14€48,495€71,250€82,938€107,556€110,838€93,525€112,889€146,467▲ 29.7%
Amounts payable17/49€110,065€78,996€99,290€82,380€142,194€62,568€56,785€143,923▲ 153%
Amounts payable within one year42/48€110,065€78,996€99,290€82,380€142,194€62,568€56,785€143,923▲ 153%
Current portion of amounts payable after more than one year42---€30,563€21,223€11,976€4,414€2,531▼ 42.7%
Trade debts44€86,602€33,406€70,399€42,878€90,353€20,167€14,754€99,276▲ 573%
Suppliers440/4---€42,878€90,353€20,167€14,754€99,276▲ 573%
Taxes, remuneration and social security45---€8,185€9,866€3,402€1,175€5,500▲ 368%
Taxes450/3---€73€3,400€3,400€1,175€5,500▲ 368%
Remuneration and social security454/9---€8,112€6,466€2---
Other amounts payable47/48---€753€20,753€27,024€36,442€36,616▲ 0.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€50,355€22,755€11,688€24,618€3,282-€17,313€19,364€33,579▲ 73.4%
+ Depreciation and write-downs630€2,964€4,291€4,558€11,860€10,593€10,926€1,104€797▼ 27.8%
Operating cash flow (approximation)€53,320€27,046€16,246€36,478€13,875-€6,387€20,468€34,376▲ 67.9%
Investment in fixed assets (approximation)--€7,782-€7,568-€28,778€1,267-€2,000€1,000€0▼ 100%
Change in cash--€14,770-€23,790-€15,230€93,089-€104,424€6,775€182▼ 97.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference
31-12-2025 full format 26-09-2026 2026-00527297
31-12-2024 full format 14-07-2025 2025-00269067
31-12-2023 full format 05-08-2024 2024-00339237
31-12-2022 full format 06-07-2023 2023-00208632
31-12-2021 full format 28-09-2022 2022-20441071
31-12-2020 full format 19-08-2021 2021-51900045
31-12-2019 full format 09-09-2020 2020-52400121
31-12-2018 full format 26-09-2019 2019-66600579

Similar companies · same sector, comparable size

Of the 15,130 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,447. 6,034 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2023
CARDOSO ALVES Tiago
Director (not named in the articles) · since 20-12-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
2 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

1 person since 2023, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CARDOSO ALVES Tiago
  • Manager, until 20-12-2023
  • Director (not named in the articles), from 20-12-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 20-12-2023 Converted to unavailable equity · €18,600

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

FAFEL CONSTRUCT was incorporated on 8 February 2018.1 In 2023 the company took the name FAFEL CONSTRUCT.2 The registered office was moved to Machelen in 2023.3 Turnover grew from €705,610 in 2018 to €890,904 in 2022 and headcount from 0.5 to 1.8 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-12-2023
  3. 3Belgian Official Gazette, 16-10-2023
  4. 4National Bank, annual accounts 2018 and 2022

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
26-09
NBB filing Annual accounts filed
financial year 2025 · full format · 57 days late
2025
31-12
Financial Equity above €150,000equity €158,327 ▲26.9%
2 profitable years in a row build equity to €158,327.
14-07
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Back to profitnet €19,364
Net result €19,364 after one loss-making year.
05-08
NBB filing Annual accounts filed
financial year 2023 · full format · 5 days late
2023
31-12
Financial Weakest financial yearnet -€17,313
Net result drops to -€17,313, the lowest in the series; recovery starts the following year.
20-12
Gazette deed Resignation: CARDOSO ALVES Tiago (manager)
Appointment: CARDOSO ALVES Tiago (director) · Registered-office move · Amendment of the articles11 facts ▸
  • General meeting, 12-09-2023
  • Registered-office move, 1831 Machelen (Diegem),Broekstraat 66
  • Amendment of the articles (2 times)
  • Name change, FAFEL CONSTRUCT
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Reserve release, “opheffing van statutair onbeschikbare eigen vermogensrekening, vormen en meerderheden van statutenwijziging” (deed in Dutch)
  • Capital
  • Director resignation, CARDOSO ALVES Tiago (manager)
  • Director appointment, CARDOSO ALVES Tiago (director (not named in the articles))
  • Director discharge, CARDOSO ALVES Tiago
  • Registered office clause, “1831 Machelen (Diegem),Broekstraat 66” (deed in Dutch)
16-10
Gazette deed Registered office
Registered-office move · Amendment of the articles4 facts ▸
  • General meeting, 12-09-2023
  • Registered-office move, 1831 Machelen (Diegem),Broekstraat 66
  • Amendment of the articles
  • Other provision, “identifiants, RPM Bruxelles” (deed in French)
06-07
NBB filing Annual accounts filed
financial year 2022 · full format
2022
28-09
NBB filing Annual accounts filed
financial year 2021 · full format · 59 days late
2021
19-08
NBB filing Annual accounts filed
financial year 2020 · full format · 19 days late
2020
31-12
Financial Equity above €100,000equity €103,398 ▲12.7%
A profit in every financial year since 2018 builds equity to €103,398.
09-09
NBB filing Annual accounts filed
financial year 2019 · full format · 40 days late
2019
26-09
NBB filing Annual accounts filed
financial year 2018 · full format · 57 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded08-02-2018
Financial year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
43120Site preparation
43230Insulation installation
43310Plastering work
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0689921903
Also 9925:BE0689921903
Registered 04-11-2025

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

Register as of 29 October 2026 · Peppol Directory

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

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0689.921.903

Recognitions · licences · registrations

Recognised contractor

9 categories
FAFEL CONSTRUCT BVapproval no. 40715
  • D1 All shell construction and roofing-in of buildingsclass 1, up to €162,000
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 1, up to €162,000
  • D10 Tilingclass 1, up to €162,000
  • D11 Plastering and renderingclass 1, up to €162,000
  • D13 Paintingclass 1, up to €162,000
  • D21 Cleaning and restoring facadesclass 1, up to €162,000
  • D25 Wall and floor coverings other than marble, parquet and tilesclass 1, up to €162,000
  • D29 Floor screeds and industrial floor coveringsclass 1, up to €162,000
Show all 9 categories
  • E2 Pile foundations, sheet piling and diaphragm wallsclass 1, up to €162,000
decision 06-07-2020

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Machelen (Brab.) · 1 establishment unit since 2018
registered office establishment The establishment unit on the map
Ground area
638 m²
Building footprint
184 m²
Building volume
1,025 m³
Parcel 23015C0043/00R004, Flanders · tallest building 12.1 m. Linked by address, not a title deed.
1 establishment unit
FAFEL CONSTRUCT
Broekstraat 66, 1831 Machelen (Brab.)General construction of residential buildings
since 2018unit no. 2.273.086.716
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
23015C0043/00R004 Flanders 637 m² 1 · 184 m² 12.1 m · 1
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Algemene bouwwerkzaamheden, met inbegrip van maar niet beperkt tot stukadoorswerk, het plaatsen van scheidingswanden en plafonds, het leggen…” (deed in Dutch)
12 activities (deed in Dutch)
  1. Algemene bouwwerkzaamheden, met inbegrip van maar niet beperkt tot stukadoorswerk, het plaatsen van scheidingswanden en plafonds, het leggen van dekvloeren, timmerwerk, dakbedekking en zinkwerk, binnen- en buitenschrijnwerk, het reinigen van gevels, binnen- en buitenschilderwerk, het leggen van parket, bestrating, tegels en andere vloerbedekking, metsel- en tegelwerk, isolatie- en elektriciteitswerkzaamheden, loodgieterij, sanitaire en verwarmingsinstallaties, grondwerk, voltooiingswerkzaamheden en adviesverlening in deze materie.
  2. Het verwerven, vervreemden, ruilen, verkavelen, promoten, bouwen, afbreken, verbouwen, transformeren, ontwikkelen, exploiteren, verhuren, onderverhuren, in huur nemen, overdragen van huurcontracten en onderverhuur, het afsluiten van erfpachten en opstalrechten, met of zonder aankoopoptie, de uitbating en het onderhoud van huizen, flats, kantoren, winkels, handelszaken, terreinen en landgoederen, en in het algemeen alle onroerende goederen en hun aanhorigheden.
  3. Ze mag gebouwen oprichten voor eigen rekening of voor rekening van derden en verbouwingen en verbeteringen uitvoeren, in voorkomend geval aan onroerende goederen, evenals verkavelingen bestuderen en ontwikkelen, met inbegrip van de aanleg van wegen en rioleringen; alle materialen aanschaffen, alle nodige contracten met bedrijven ondertekenen; alle commissie- en makelaarstransacties uitvoeren, evenals onroerende goederen beheren.
  4. Het verwerven, vervreemden, ruilen, bouwen, slopen, heropbouwen, verbouwen, verhuren en beheren van haar roerende en onroerende goederen, al dan niet bebouwd, gemeubileerd of ongemeubileerd.
  5. Het de zaakwaarneming en het beheer voor eigen rekening van voormelde onroerende goederen of aanverwante activiteiten.
  6. Onderzoek, advies, expertise, engineering en het verlenen van alle diensten die betrekking hebben op haar voorwerp, met inbegrip van het vermogensbeheer.
  7. De vennootschap kan ook hypotheek nemen op haar onroerende goederen, haar andere activa in pand geven, met inbegrip van haar de handelszaak, en zich borg stellen voor leningen, kredietfaciliteiten of andere verbintenissen, zowel voor zichzelf als voor derden.
  8. De vennootschap mag zich borg stellen en alle persoonlijke of zakelijke zekerheden stellen ten gunste van eender welke persoon of vernootschap, al dan niet verwant.
  9. Ze mag ook optreden als bestuurder, vereffenaar en/of andere mandaten binnen andere vennootschappen uitoefenen.
  10. Zij mag alle initiatieven nemen en alle verrichtingen doen die ertoe strekken rechtstreeks of onrechtstreeks elke commerciële activiteit te creëren, te bevorderen, te vergemakkelijken of aan te moedigen, zowel in België als in het buitenland, die verband houdt met haar voorwerp, onder meer als tussenpersoon of commercieel agent.
  11. De vennootschap mag eveneens door middel van inbreng, overdracht, fusie, participatie of op een andere wijze belangen nemen in alle bestaande of op te richten bedrijven, ondernemingen of vennootschappen die een gelijkaardig of verwant voorwerp hebben als het hare of die de ontwikkeling van haar activiteiten kunnen bevorderen.
  12. Ze mag ook alle commerciële of burgerlijke, industriële, financiële, effecten-, vastgoed- of andere transacties uitvoeren die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk, verband houden met haar voorwerp of die de verwezenlijking ervan kunnen vergemakkelijken of ontwikkelen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FAFEL CONSTRUСТ
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Voor zover geen wijziging van toepasselijk taalregime, Vlaams Gewest” (deed in Dutch)

deed of 20-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)
“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist kosteloos of niet” (deed in Dutch)

deed of 20-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, Aard van de aandelen” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
“Naar evenredigheid van aantal gehouden aandelen, inbreng in geld met uitgifte van nieuwe aandelen-recht van voorkeur” (deed in Dutch)

deed of 20-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“In vormen vereist voor statutenwijziging, op elk moment door algemene vergadering” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, algemene vergadering mag één of meerdere vereffenaars aanduiden,bevoegdheden…” (deed in Dutch)

deed of 20-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Gelijk recht per aandeel in winstverdeling en vereffeningsaldo” (deed in Dutch)
Other provision: “Op naam, Aard van de andere effecten” (deed in Dutch)
Other provision: “Ondeelbaarheid van de effecten, bij meerdere titularissen van zakelijke rechten op zelfde aandeel tot één enkele persoon als houder van…” (deed in Dutch)
Other provision: “Bevoegdheden van het bestuursorgaan en vertegenwoordiging, kan bijzondere machten toekennen aan elke mandataris” (deed in Dutch)
Other provision: “Dagelijks bestuur, dagelijks bestuur alsook vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Other provision: “Controle van de vennootschap, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Organisatie en bijeenroeping algemene vergadering” (deed in Dutch)
Other provision: “Binnen wettelijke grenzen, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam als zodanig ingeschreven in register effecten op naam categorie” (deed in Dutch)
Other provision: “Aanwezigheidslijst,verslagen,volmachten,schriftelijke stemmingen gehecht, bestuurder” (deed in Dutch)
Other provision: “Schriftelijke volmacht door alle middelen van overdracht aan ieder ander persoon,aandeelhouder of niet, beraadslagingen-stemrecht-volmacht” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Oefent bevoegdheden Wetboek van vennootschappen en verenigingen toegewezen uit, bevoegdheden algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Goederen in natura zelfde wijze verdeeld, na aanzuivering schulden,lasten,kosten of consignatie nodige sommen” (deed in Dutch)
Other provision: “Alle mededelingen,aanmaningen,dagvaardingen,betekeningen geldig, woonstkeuze” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Clausules strijdig met dwingende bepalingen geacht niet geschreven, gemeen recht” (deed in Dutch)
1 more provision in the deed, see the deed of 20-12-2023

deed of 20-12-2023