FAGOT CONSTRUCT & CO
Open bankruptcyA bankruptcy procedure is open for FAGOT CONSTRUCT & CO according to publications in the Belgian State Gazette; curator: CLEMENTINE MALSCHALCK.
Summary
The 2023 annual accounts show equity of €101,476 and a net result of €10,521.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Walloon Brabant
- Declared bankrupt
- 27 March 2025
- Supervising judge
- Marc Thill
- Official Gazette
- 02-04-2025 (pdf) ↗search the document for 2025/113783
Deadlines
- Appeal or third-party opposition until
- passed on 17 April 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 26 April 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 8 May 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 27 March 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Clementine MalschalckOff.Park Green,Rue Du Panier Vert 70, 1400 Nivellesclementine.malschalck@novalis.law
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-09-2024, 50 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
not confirmed
2024
not filed
2023
50 d late
2022
42 d early
2021
20 d early
2020
4 d early
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 14 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 40% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Civil engineering sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2023, micro schema
Equity
€101,476▲ 11.6%
2022 · €90,955
Total assets
€622,628▲ 265%
2022 · €170,479
Net result
€10,521
2022 · -€1,247
Working capital
€168,798▲ 111%
2022 · €79,862
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 42, Civil engineering, 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
Line20192020202120222023
Operating result€24,616-€1,622€41,369-€370€22,463
Net result€24,370-€1,857below the sector's middle half€33,383within the sector's middle half-€1,247below the sector's middle half€10,521within the sector's middle half
Equity€60,676▲ 67.6%€58,820within the sector's middle half▼ 3.1%€92,202within the sector's middle half▲ 56.8%€90,955within the sector's middle half▼ 1.4%€101,476within the sector's middle half▲ 11.6%
Total assets€127,220▲ 1.5%€111,846within the sector's middle half▼ 12.1%€254,636within the sector's middle half▲ 128%€170,479within the sector's middle half▼ 33.1%€622,628above the sector's middle half▲ 265%
Debt€66,544▼ 25.3%€53,026▼ 20.3%€162,434▲ 206%€79,524▼ 51.0%€521,152▲ 555%
Working capital€47,031▲ 91.5%€51,310within the sector's middle half▲ 9.1%€81,354within the sector's middle half▲ 58.6%€79,862within the sector's middle half▼ 1.8%€168,798above the sector's middle half▲ 111%
Solvency47.7%▲ 18.8pp52.6%within the sector's middle half▲ 4.9pp36.2%within the sector's middle half▼ 16.4pp53.4%within the sector's middle half▲ 17.1pp16.3%below the sector's middle half▼ 37.1pp
Current ratio1.71▲ 0.431.97within the sector's middle half▲ 0.261.55within the sector's middle half▼ 0.422.15within the sector's middle half▲ 0.602.53within the sector's middle half▲ 0.39
Return on assets (ROA)19.2%▲ 43.5pp-1.7%below the sector's middle half▼ 20.8pp13.1%within the sector's middle half▲ 14.8pp-0.7%below the sector's middle half▼ 13.8pp1.7%within the sector's middle half▲ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 42, Civil engineering, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €22,463 after a loss of €370 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €622,628
Fixed assets
€343,673 ▲ 1,536%
Current assets
€278,955 ▲ 86.6%
Equity and liabilities €622,628
Equity
€101,476 ▲ 11.6%
Debt
€521,152 ▲ 555%
Debt's share of the balance-sheet total rises from 46.6% to 83.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75,442▲
2022 · €5,918
Cash flow
€63,500▲
2022 · €5,041
Quick ratio
2.22▲
2022 · 1.65
Debt to equity
5.14▲
2022 · 0.87
ROE
10.4%▲
2022 · -1.4%
Interest coverage
15.84▼
2022 · 27.38
Debt ≤ 1 year
€110,157▲
2022 · €69,608
Debt > 1 year
€410,994▲
2022 · €7,466
Income taxes
€7,190▲
2022 · €662
Staff costs
€36,492▲
2022 · €11,669
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €11,669 | €36,492 | ▲ 213% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,136 | €6,136 | €9,512 | €6,289 | €52,979 | ▲ 742% |
| Other operating charges640/8 | - | - | €2,356 | €2,390 | €2,674 | ▲ 11.9% |
| Gross operating margin9900 | €31,509 | €4,746 | €53,236 | €19,978 | €114,609 | ▲ 474% |
| Operating profit (loss)9901 | €24,616 | -€1,622 | €41,369 | -€370 | €22,463 | ▲ 6,165% |
| Financial income75/76B | - | - | €99 | €2 | €11 | ▲ 614% |
| Recurring financial income75 | - | €3 | €99 | €2 | €11 | ▲ 614% |
| Financial charges65/66B | - | - | €195 | €216 | €4,763 | ▲ 2,103% |
| Recurring financial charges65 | €68 | €48 | €195 | €216 | €4,763 | ▲ 2,103% |
| Profit (loss) for the period before taxes9903 | €24,548 | -€1,668 | €41,273 | -€585 | €17,711 | ▲ 3,127% |
| Income taxes67/77 | €179 | €189 | €7,890 | €662 | €7,190 | ▲ 986% |
| Profit (loss) for the period9904 | €24,370 | -€1,857 | €33,383 | -€1,247 | €10,521 | ▲ 944% |
| Profit (loss) for the period to be appropriated9905 | €22,550 | -€1,857 | €33,383 | -€1,247 | €10,521 | ▲ 944% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €127,220 | €111,846 | €254,636 | €170,479 | €622,628 | ▲ 265% |
| Fixed assets21/28 | €13,646 | €7,510 | €24,254 | €21,008 | €343,673 | ▲ 1,536% |
| Tangible fixed assets22/27 | €12,646 | €6,510 | €23,254 | €19,746 | €342,410 | ▲ 1,634% |
| Land and buildings22 | - | - | - | €865 | €327,501 | ▲ 37,745% |
| Plant, machinery and equipment23 | - | - | €2,040 | €1,203 | €1,334 | ▲ 10.9% |
| Furniture and vehicles24 | - | - | €19,391 | €15,158 | €11,940 | ▼ 21.2% |
| Leasing and similar rights25 | - | - | - | €1,153 | €725 | ▼ 37.1% |
| Other tangible fixed assets26 | - | - | €1,823 | €1,367 | €911 | ▼ 33.3% |
| Financial fixed assets28 | €1,000 | €1,000 | €1,000 | €1,262 | €1,262 | = |
| Current assets29/58 | €113,574 | €104,336 | €230,382 | €149,470 | €278,955 | ▲ 86.6% |
| Stocks and contracts in progress3 | - | €3,807 | €3,557 | €34,808 | €34,104 | ▼ 2.0% |
| Stocks30/36 | - | - | €3,557 | €34,808 | €34,104 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €76,537 | €70,797 | €113,584 | €55,672 | €223,148 | ▲ 301% |
| Trade receivables40 | - | - | €113,551 | €51,434 | €219,081 | ▲ 326% |
| Other amounts receivable41 | - | - | €34 | €4,237 | €4,067 | ▼ 4.0% |
| Cash at bank and in hand54/58 | €36,409 | €27,181 | €109,240 | €58,991 | €21,704 | ▼ 63.2% |
| Deferred charges and accrued income490/1 | - | - | €4,001 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €127,220 | €111,846 | €254,636 | €170,479 | €622,628 | ▲ 265% |
| Equity10/15 | €60,676 | €58,820 | €92,202 | €90,955 | €101,476 | ▲ 11.6% |
| Contributions10/11 | €17,228 | - | €17,228 | €17,228 | €19,088 | ▲ 10.8% |
| Reserves13 | €3,679 | €3,679 | €3,679 | €3,679 | €1,819 | ▼ 50.6% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Tax-exempt reserves132 | - | - | €1,819 | €1,819 | €1,819 | = |
| Profit (loss) carried forward14 | €39,769 | €37,913 | €71,295 | €70,048 | €80,569 | ▲ 15.0% |
| Amounts payable17/49 | €66,544 | €53,026 | €162,434 | €79,524 | €521,152 | ▲ 555% |
| Amounts payable after more than one year17 | - | - | €13,406 | €7,466 | €410,994 | ▲ 5,405% |
| Financial debts170/4 | - | - | €13,406 | €7,466 | €410,994 | ▲ 5,405% |
| Amounts payable within one year42/48 | €66,544 | €53,026 | €149,028 | €69,608 | €110,157 | ▲ 58.3% |
| Current portion of amounts payable after more than one year42 | - | - | €5,911 | €5,940 | €15,023 | ▲ 153% |
| Trade debts44 | €55,659 | €44,657 | €117,860 | €43,264 | €86,757 | ▲ 101% |
| Suppliers440/4 | - | - | €117,860 | €43,264 | €86,757 | ▲ 101% |
| Advances received on contracts in progress46 | - | - | €630 | €630 | €630 | = |
| Taxes, remuneration and social security45 | - | - | €23,488 | €17,195 | €7,747 | ▼ 54.9% |
| Taxes450/3 | - | - | €18,931 | €9,425 | €6,279 | ▼ 33.4% |
| Remuneration and social security454/9 | - | - | €4,558 | €7,770 | €1,469 | ▼ 81.1% |
| Other amounts payable47/48 | - | - | €1,138 | €2,579 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,450 | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,370 | -€1,857 | €33,383 | -€1,247 | €10,521 | ▲ 944% |
| + Depreciation and write-downs630 | €6,136 | €6,136 | €9,512 | €6,289 | €52,979 | ▲ 742% |
| Operating cash flow (approximation) | €30,505 | €4,279 | €42,894 | €5,041 | €63,500 | ▲ 1,160% |
| Investment in fixed assets (approximation) | - | €0 | -€26,255 | -€3,043 | -€375,644 | ▼ 12,243% |
| Change in cash | - | -€9,227 | €82,059 | -€50,249 | -€37,287 | ▲ 25.8% |
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
2025
02-04
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 27-03-2025
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
31-12
Financial
Back to profitnet €10,521
Net result €10,521 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €101,476 ▲11.6%
Equity rises from €90,955 to €101,476.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €33,383
Net result €33,383 after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial
Back to profitnet €24,370
Net result €24,370 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
21-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 18 days late
2015
09-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 9 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Grez-Doiceau · 1 establishment unit since 2013
Ground area
862 m²
Building footprint
102 m²
Volume, LiDAR
546 m³
Parcel 25070B0117/00Z004, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue du Peigne d'Or 24/1, 1390 Grez-Doiceau
since 20132.225.261.360
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25070B0117/00Z004 | Wallonia | 862 m² | 1 · 102 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CLEMENTINE MALSCHALCK OFF.PARK GREEN,RUE
DU PANIER VERT 70, 1400 NIVELLES- |
27-03-2025 → present |
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Of 394 companies in sector 42990 we hold annual accounts for 182. 138 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
Founded20-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
42990Civil engineering
43120Site preparation
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.