Financials
- Fiscal year
- 2023
- Total assets
- €14,495
- Loss
- -€12,859
- Solvency
- -12.4%
Total assets▼ 59.9%
Net result
20192023
FAR CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of FAR CONSTRUCT is 16.2% (high). For FAR CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€1,803) and a net result of -€12,859. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2007 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Activity not known1 site
Size
€14,495total assets 2023
- Equity
- -€1,803
- Loss
- -€12,859
Turnover not published (abridged schema)
Financial health
- Bankruptcy chance 12 m
- 16.2%
2023 figures too old to score
Structure
Accounts 524 d overdue0 of 6 deeds read
Signals- Figures for FY 2023 (filed 02-02-2024)- 2 ex-officio strike-offs in the KBO- Two or more financial years not filed- Administrative warnings in the KBO publications+ Size: total assets €14,495+ Founded in 2007Latest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Weak
Solvency
13-43
equity -12.4% of total assets
Liquidity
9-54
short-term debt 109.5% · cash 6.9%
Profitability
0-95
return on assets -88.7%
Bankruptcy probability, 12 months
16.2%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.8%lowest value
12-2024: 6.1%▲ +4.8% vs 11-2024
01-2025: 6.5%▲ +6.8% vs 12-2024
02-2025: 7.4%▲ +14.1% vs 01-2025
03-2025: 7.5%▲ +1.3% vs 02-2025
04-2025: 8.5%▲ +12.5% vs 03-2025
05-2025: 10.4%▲ +22.5% vs 04-2025
06-2025: 12.3%▲ +18.8% vs 05-2025
07-2025: 16.0%▲ +30.1% vs 06-2025
08-2025: 16.5%▲ +3.1% vs 07-2025
09-2025: 18.6%▲ +12.4% vs 08-2025
10-2025: 22.7%▲ +22.2% vs 09-2025
11-2025: 22.7%● 0.0% vs 10-2025
12-2025: 23.0%▲ +1.2% vs 11-2025
01-2026: 22.7%▼ -1.4% vs 12-2025
02-2026: 22.7%● 0.0% vs 01-2026
03-2026: ≥ 25%▲ +15.7% vs 02-2026highest value
04-2026: ≥ 25%● 0.0% vs 03-2026highest value
05-2026: ≥ 25%▼ -4.6% vs 04-2026
06-2026: ≥ 25%● 0.0% vs 05-2026
07-2026: ≥ 25%● 0.0% vs 06-2026
08-2026: 16.2%▼ -35.1% vs 07-2026
09-2026: 16.2%● 0.0% vs 08-2026
10-2026: 16.2%● 0.0% vs 09-2026
- Figures for FY 2023 (filed 02-02-2024) raises the probability
- Size: total assets €14,495 lowers the probability for this profile
- 2 ex-officio strike-offs in the KBO raises the probability
- Founded in 2007 lowers the probability for this profile
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2024 close30-04-2025 deadline06-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 30-01-2024, 91 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
91 d early
2022
11 d late
2021
12 d late
2020
9 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 24 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struck×2
- Address struckKon. Albertstraat 36 Die Sitzadresse…
- Address struckVlamingstraat 4 8560 L’adresse du…
- Annual accounts filedfiscal year 2023 · micro…
Key points
By topic
Timeline
- Events
- 15
- Since
- 2015
- 12-05-2025Address struck
- 26-04-2024Address struck
- 30-01-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Founded
- 21-09-2007
- Year ends
- 30-09
- Peppol
- Not found in the Peppol directory
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