FAL CONSTRUCT
InactiveFAL CONSTRUCT was declared bankrupt on 10-01-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 18-07-2025, published in the Belgian State Gazette on 29-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 2 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 05-08-2021, 5 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
5 d late
2019
12 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€6k▼ 55.2%
2019 · €13k
2019: €13k
2019 → 2020
Total assets
€41k▲ 66.0%
2019 · €25k
2019: €25k
2019 → 2020
Net result
€-7k
2019 · €11k
2019: €11k
2019 → 2020
Working capital
€3k▼ 65.2%
2019 · €9k
2019: €9k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€13k-€6k▼ 55.2%
Operating result€16k-€-7k
Net result€11k-€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €7k after €16k in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €41k
Fixed assets
€3k ▼ 34.1%
Current assets
€39k ▲ 87.0%
Equity and liabilities €41k
Equity
€6k ▼ 55.2%
Debt
€35k ▲ 207%
Debt's share of the balance-sheet total rises from 46.2% to 85.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▼
2019 · €17k
Cash flow
€-6k▼
2019 · €11k
Current ratio
1.09▼
2019 · 1.79
ROE
-123.0%▼
2019 · 81.3%
ROA
-17.9%▼
2019 · 43.7%
Debt ≤ 1 year
€35k▲
2019 · €12k
Income taxes
€1▼
2019 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€25k€41k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Financial fixed assets28€50€178▲
Current assets29/58€21k€39k▲
Amounts receivable within one year40/41€19k€26k▲
Cash at bank and in hand54/58€1k€12k▲
Equity and liabilities
Total equity and liabilities10/49€25k€41k▲
Equity10/15€13k€6k▼
Contributions10/11€3k€3k=
Reserves13€5k€5k=
Profit (loss) carried forward14€6k€-1k▼
Amounts payable17/49€12k€35k▲
Amounts payable within one year42/48€12k€35k▲
Trade debts44€733€33k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€531€2k▲
Gross operating margin9900€18k€-5k▼
Operating profit (loss)9901€16k€-7k▼
Recurring financial income75-€2
Recurring financial charges65€0€355▲
Profit (loss) for the period before taxes9903€16k€-7k▼
Income taxes67/77€5k€1▼
Profit (loss) for the period9904€11k€-7k▼
Profit (loss) for the period to be appropriated9905€11k€-7k▼
Timeline · acts, filings and financial milestones
2025
29-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 18-07-2025
2023
16-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 10-01-2023
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
10-01-2023 → 18-07-2025 |