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).
Financials · fiscal year 2023, micro schema
2019 to 2023, 5 fiscal years 2019 to 2023, 5 fiscal years
The operating result turns negative in 2023: a loss of €12,819 after €11,689 in 2022, the lowest result in the available series.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €398 | €459 | €964 | ▲ 110% |
| Gross operating margin9900 | €111,385 | -€3,599 | €7,787 | €12,147 | -€11,855 | ▼ 198% |
| Operating profit (loss)9901 | €106,444 | -€3,946 | €7,390 | €11,689 | -€12,819 | ▼ 210% |
| Recurring financial income75 | €172 | - | - | - | - | - |
| Financial charges65/66B | - | - | €407 | €244 | €40 | ▼ 83.8% |
| Recurring financial charges65 | €463 | €143 | €407 | €244 | €40 | ▼ 83.8% |
| Profit (loss) for the period before taxes9903 | €106,154 | -€4,089 | €6,983 | €11,445 | -€12,859 | ▼ 212% |
| Income taxes67/77 | - | - | €772 | €3,068 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Profit (loss) for the period to be appropriated9905 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €558 | €1,186 | €14,490 | €36,171 | €14,495 | ▼ 59.9% |
| Fixed assets21/28 | - | - | €460 | €460 | €460 | = |
| Financial fixed assets28 | - | - | €460 | €460 | €460 | = |
| Current assets29/58 | €558 | €1,186 | €14,030 | €35,711 | €14,035 | ▼ 60.7% |
| Amounts receivable within one year40/41 | €558 | €1,186 | €2,385 | €14,938 | €8,312 | ▼ 44.4% |
| Trade receivables40 | - | - | - | €14,563 | €8,155 | ▼ 44.0% |
| Other amounts receivable41 | - | - | €2,385 | €375 | €157 | ▼ 58.2% |
| Cash at bank and in hand54/58 | - | - | €11,645 | €20,772 | €999 | ▼ 95.2% |
| Deferred charges and accrued income490/1 | - | - | - | - | €4,725 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €558 | €1,186 | €14,490 | €36,171 | €14,495 | ▼ 59.9% |
| Equity10/15 | €558 | -€3,531 | €2,679 | €11,056 | -€1,803 | ▼ 116% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€19,902 | -€22,131 | -€15,921 | -€7,544 | -€20,403 | ▼ 170% |
| Amounts payable17/49 | - | €4,718 | €11,811 | €25,115 | €16,298 | ▼ 35.1% |
| Amounts payable within one year42/48 | - | €4,718 | €11,811 | €25,115 | €15,869 | ▼ 36.8% |
| Trade debts44 | - | €708 | €1,221 | €19,027 | €9,781 | ▼ 48.6% |
| Suppliers440/4 | - | - | €1,221 | €19,027 | €9,781 | ▼ 48.6% |
| Taxes, remuneration and social security45 | - | - | €772 | €3,068 | €3,068 | = |
| Taxes450/3 | - | - | €772 | €3,068 | €3,068 | = |
| Other amounts payable47/48 | - | - | €9,817 | €3,020 | €3,020 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €430 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Operating cash flow (approximation) | €106,154 | -€4,089 | €6,211 | €8,376 | -€12,859 | ▼ 254% |
| Investment in fixed assets (approximation) | - | - | - | €0 | €0 | - |
| Change in cash | - | - | - | €9,128 | -€19,774 | ▼ 317% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.